Market Closed -
Sao Paulo
19:32:27 28/06/2024 BST
|
5-day change
|
1st Jan Change
|
107.8
BRL
|
+2.62%
|
|
+2.54%
|
+18.59%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
82,743
|
123,984
|
176,139
|
143,693
|
153,052
|
157,950
|
-
|
-
|
Enterprise Value (EV)
1 |
348,481
|
309,590
|
366,069
|
339,995
|
340,207
|
342,568
|
325,649
|
325,649
|
P/E ratio
|
9.85
x
|
10.6
x
|
12.2
x
|
13.8
x
|
18
x
|
14.1
x
|
12.8
x
|
11.7
x
|
Yield
|
2.64%
|
2.04%
|
2.5%
|
3.56%
|
3.49%
|
3.6%
|
3.8%
|
3.95%
|
Capitalization / Revenue
|
2
x
|
2.57
x
|
2.95
x
|
2.68
x
|
2.83
x
|
2.74
x
|
2.61
x
|
2.5
x
|
EV / Revenue
|
8.41
x
|
6.42
x
|
6.13
x
|
6.34
x
|
6.28
x
|
5.94
x
|
5.38
x
|
5.15
x
|
EV / EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EV / FCF
|
-
|
-
|
-
|
-
|
-9.21
x
|
71
x
|
54.7
x
|
51.4
x
|
FCF Yield
|
-
|
-
|
-
|
-
|
-10.9%
|
1.41%
|
1.83%
|
1.94%
|
Price to Book
|
1.12
x
|
1.34
x
|
1.78
x
|
1.56
x
|
1.68
x
|
1.71
x
|
1.65
x
|
1.55
x
|
Nbr of stocks (in thousands)
|
1,618,598
|
1,809,198
|
1,794,412
|
1,690,109
|
1,641,312
|
1,625,163
|
-
|
-
|
Reference price
2 |
51.12
|
68.53
|
98.16
|
85.02
|
93.25
|
97.19
|
97.19
|
97.19
|
Announcement Date
|
16/01/20
|
20/01/21
|
19/01/22
|
17/01/23
|
16/01/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
41,419
|
48,198
|
59,755
|
53,668
|
54,143
|
57,704
|
60,572
|
63,212
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
11,473
|
14,418
|
19,672
|
14,369
|
12,345
|
14,888
|
15,996
|
16,903
|
Operating Margin
|
27.7%
|
29.91%
|
32.92%
|
26.77%
|
22.8%
|
25.8%
|
26.41%
|
26.74%
|
Earnings before Tax (EBT)
1 |
11,301
|
14,418
|
19,668
|
14,089
|
11,813
|
14,851
|
16,084
|
17,442
|
Net income
1 |
8,512
|
10,500
|
14,566
|
10,540
|
8,530
|
10,942
|
11,853
|
12,637
|
Net margin
|
20.55%
|
21.79%
|
24.38%
|
19.64%
|
15.75%
|
18.96%
|
19.57%
|
19.99%
|
EPS
2 |
5.190
|
6.460
|
8.030
|
6.150
|
5.180
|
6.884
|
7.589
|
8.314
|
Free Cash Flow
1 |
-
|
-
|
-
|
-
|
-36,948
|
4,828
|
5,953
|
6,331
|
FCF margin
|
-
|
-
|
-
|
-
|
-68.24%
|
8.37%
|
9.83%
|
10.01%
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
44.12%
|
50.22%
|
50.09%
|
Dividend per Share
2 |
1.350
|
1.400
|
2.450
|
3.025
|
3.250
|
3.504
|
3.691
|
3.842
|
Announcement Date
|
16/01/20
|
20/01/21
|
19/01/22
|
17/01/23
|
16/01/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
14,524
|
14,801
|
13,132
|
12,986
|
12,749
|
14,517
|
13,457
|
13,273
|
12,896
|
15,136
|
14,281
|
14,259
|
14,330
|
15,709
|
15,273
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
4,889
|
4,645
|
3,740
|
3,546
|
2,881
|
3,994
|
-
|
-
|
2,099
|
4,389
|
3,742
|
3,811
|
3,420
|
4,656
|
4,312
|
Operating Margin
|
33.66%
|
31.38%
|
28.48%
|
27.31%
|
22.6%
|
27.51%
|
-
|
-
|
16.28%
|
29%
|
26.2%
|
26.73%
|
23.87%
|
29.64%
|
28.23%
|
Earnings before Tax (EBT)
1 |
4,884
|
4,588
|
3,319
|
3,388
|
2,794
|
3,760
|
2,812
|
3,145
|
2,096
|
4,395
|
3,666
|
3,572
|
3,350
|
4,368
|
4,075
|
Net income
1 |
3,592
|
3,542
|
2,391
|
2,494
|
2,113
|
2,836
|
2,049
|
2,262
|
1,383
|
3,266
|
2,658
|
2,592
|
2,480
|
3,244
|
3,006
|
Net margin
|
24.73%
|
23.93%
|
18.21%
|
19.21%
|
16.57%
|
19.54%
|
15.23%
|
17.04%
|
10.72%
|
21.58%
|
18.61%
|
18.18%
|
17.31%
|
20.65%
|
19.68%
|
EPS
2 |
2.010
|
2.020
|
1.390
|
1.470
|
1.260
|
1.700
|
1.240
|
1.380
|
0.8500
|
2.020
|
1.661
|
1.645
|
1.567
|
2.060
|
1.891
|
Dividend per Share
2 |
0.7000
|
0.7000
|
0.7750
|
0.7750
|
0.7750
|
0.7750
|
0.7750
|
0.8500
|
0.8500
|
0.8500
|
0.8539
|
0.9030
|
0.9030
|
0.9138
|
0.9138
|
Announcement Date
|
19/01/22
|
14/04/22
|
14/07/22
|
14/10/22
|
17/01/23
|
19/04/23
|
18/07/23
|
18/10/23
|
16/01/24
|
16/04/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
265,738
|
185,606
|
189,930
|
196,302
|
187,155
|
184,619
|
167,699
|
167,699
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
-
|
-
|
-
|
-
|
-36,948
|
4,828
|
5,953
|
6,331
|
ROE (net income / shareholders' equity)
|
11.7%
|
13.1%
|
15%
|
11.2%
|
9.4%
|
11.9%
|
12.8%
|
13.6%
|
ROA (Net income/ Total Assets)
|
0.97%
|
1.04%
|
1.3%
|
0.92%
|
0.72%
|
0.92%
|
0.98%
|
0.98%
|
Assets
1 |
874,479
|
1,005,641
|
1,124,788
|
1,145,080
|
1,187,030
|
1,190,508
|
1,206,871
|
1,285,903
|
Book Value Per Share
2 |
45.80
|
51.10
|
55.10
|
54.60
|
55.50
|
56.90
|
58.90
|
62.50
|
Cash Flow per Share
|
-
|
-15.50
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex
1 |
-
|
-
|
-
|
-
|
3,412
|
261
|
407
|
433
|
Capex / Sales
|
-
|
-
|
-
|
-
|
6.3%
|
0.45%
|
0.67%
|
0.68%
|
Announcement Date
|
16/01/20
|
20/01/21
|
19/01/22
|
17/01/23
|
16/01/24
|
-
|
-
|
-
|
Last Close Price
97.19
USD Average target price
99.54
USD Spread / Average Target +2.42% Consensus |