Market Closed -
Sao Paulo
20:13:30 24/06/2024 BST
|
5-day change
|
1st Jan Change
|
202.2
BRL
|
+1.77%
|
|
+2.69%
|
+13.81%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
30,707
|
31,707
|
39,856
|
47,491
|
38,127
|
37,018
|
-
|
-
|
Enterprise Value (EV)
1 |
34,480
|
35,165
|
44,555
|
51,818
|
42,539
|
41,476
|
41,387
|
41,005
|
P/E ratio
|
26.9
x
|
24.9
x
|
27.2
x
|
29.1
x
|
20.6
x
|
18.7
x
|
18.7
x
|
17.4
x
|
Yield
|
2.03%
|
2.07%
|
1.76%
|
1.67%
|
2.39%
|
2.99%
|
3.15%
|
3.32%
|
Capitalization / Revenue
|
3.85
x
|
3.89
x
|
4.44
x
|
4.56
x
|
3.41
x
|
3.23
x
|
3.11
x
|
3
x
|
EV / Revenue
|
4.32
x
|
4.31
x
|
4.97
x
|
4.97
x
|
3.81
x
|
3.62
x
|
3.48
x
|
3.32
x
|
EV / EBITDA
|
17.4
x
|
16.5
x
|
18.8
x
|
18.6
x
|
13.6
x
|
13.5
x
|
13.1
x
|
12.4
x
|
EV / FCF
|
23.9
x
|
28
x
|
28.1
x
|
28.7
x
|
27.4
x
|
21.7
x
|
21.1
x
|
18.3
x
|
FCF Yield
|
4.19%
|
3.58%
|
3.56%
|
3.49%
|
3.65%
|
4.61%
|
4.74%
|
5.48%
|
Price to Book
|
17.7
x
|
14.3
x
|
14.6
x
|
14.5
x
|
9.34
x
|
8.04
x
|
7.58
x
|
6.61
x
|
Nbr of stocks (in thousands)
|
208,921
|
208,144
|
206,004
|
205,083
|
204,498
|
202,229
|
-
|
-
|
Reference price
2 |
147.0
|
152.3
|
193.5
|
231.6
|
186.4
|
183.0
|
183.0
|
183.0
|
Announcement Date
|
30/01/20
|
04/02/21
|
03/02/22
|
02/02/23
|
08/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
7,986
|
8,150
|
8,971
|
10,419
|
11,165
|
11,459
|
11,885
|
12,351
|
EBITDA
1 |
1,979
|
2,125
|
2,369
|
2,784
|
3,119
|
3,066
|
3,149
|
3,299
|
EBIT
1 |
1,688
|
1,830
|
2,054
|
2,405
|
2,699
|
2,638
|
2,687
|
2,828
|
Operating Margin
|
21.14%
|
22.46%
|
22.89%
|
23.09%
|
24.17%
|
23.02%
|
22.61%
|
22.9%
|
Earnings before Tax (EBT)
1 |
1,381
|
1,495
|
1,797
|
1,917
|
2,172
|
2,311
|
2,334
|
2,464
|
Net income
1 |
1,150
|
1,279
|
1,478
|
1,645
|
1,862
|
1,994
|
1,984
|
2,078
|
Net margin
|
14.4%
|
15.69%
|
16.47%
|
15.79%
|
16.68%
|
17.4%
|
16.69%
|
16.83%
|
EPS
2 |
5.460
|
6.110
|
7.110
|
7.960
|
9.060
|
9.790
|
9.801
|
10.55
|
Free Cash Flow
1 |
1,446
|
1,258
|
1,587
|
1,808
|
1,552
|
1,913
|
1,961
|
2,247
|
FCF margin
|
18.1%
|
15.44%
|
17.69%
|
17.36%
|
13.9%
|
16.7%
|
16.5%
|
18.19%
|
FCF Conversion (EBITDA)
|
73.03%
|
59.2%
|
66.99%
|
64.95%
|
49.76%
|
62.4%
|
62.28%
|
68.12%
|
FCF Conversion (Net income)
|
125.75%
|
98.38%
|
107.41%
|
109.94%
|
83.37%
|
95.94%
|
98.85%
|
108.1%
|
Dividend per Share
2 |
2.990
|
3.154
|
3.410
|
3.874
|
4.456
|
5.474
|
5.772
|
6.070
|
Announcement Date
|
30/01/20
|
04/02/21
|
03/02/22
|
02/02/23
|
08/02/24
|
-
|
-
|
-
|
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 |
2,326
|
2,666
|
2,373
|
2,728
|
2,652
|
2,988
|
2,490
|
3,030
|
2,657
|
3,253
|
2,339
|
3,062
|
2,817
|
3,249
|
2,501
|
EBITDA
1 |
558.8
|
798.9
|
620.8
|
709.5
|
655.2
|
928.8
|
672.4
|
856.7
|
660.9
|
968.7
|
541.5
|
854.5
|
708.7
|
939.7
|
594
|
EBIT
1 |
475.7
|
707.9
|
526.9
|
615.3
|
555.3
|
830.6
|
570.9
|
753.4
|
544.2
|
861
|
441.5
|
741.7
|
598.3
|
824.4
|
487
|
Operating Margin
|
20.45%
|
26.55%
|
22.21%
|
22.55%
|
20.94%
|
27.8%
|
22.92%
|
24.86%
|
20.48%
|
26.47%
|
18.88%
|
24.23%
|
21.24%
|
25.38%
|
19.47%
|
Earnings before Tax (EBT)
1 |
342.9
|
677.4
|
403.5
|
473.1
|
363.1
|
759.3
|
439.5
|
653.4
|
319.7
|
986.3
|
348.5
|
649.2
|
471.6
|
759.4
|
399
|
Net income
1 |
335.6
|
533.5
|
315.6
|
399.5
|
396.3
|
587.2
|
407
|
518.6
|
349
|
797.5
|
308.6
|
552.2
|
468.6
|
618.8
|
352.8
|
Net margin
|
14.43%
|
20.01%
|
13.3%
|
14.64%
|
14.94%
|
19.65%
|
16.34%
|
17.11%
|
13.14%
|
24.52%
|
13.2%
|
18.04%
|
16.63%
|
19.05%
|
14.11%
|
EPS
2 |
1.620
|
2.570
|
1.530
|
1.940
|
1.920
|
2.850
|
1.980
|
2.520
|
1.700
|
3.890
|
1.346
|
2.706
|
2.323
|
3.054
|
1.596
|
Dividend per Share
2 |
0.9010
|
0.9010
|
0.9010
|
1.036
|
1.036
|
1.036
|
1.036
|
1.192
|
1.192
|
1.370
|
1.356
|
1.441
|
1.441
|
1.435
|
1.418
|
Announcement Date
|
03/02/22
|
28/04/22
|
28/07/22
|
04/11/22
|
02/02/23
|
27/04/23
|
27/07/23
|
26/10/23
|
08/02/24
|
03/05/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
3,773
|
3,459
|
4,700
|
4,327
|
4,412
|
4,458
|
4,369
|
3,987
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.906
x
|
1.628
x
|
1.984
x
|
1.554
x
|
1.415
x
|
1.454
x
|
1.387
x
|
1.209
x
|
Free Cash Flow
1 |
1,446
|
1,258
|
1,587
|
1,808
|
1,552
|
1,913
|
1,961
|
2,247
|
ROE (net income / shareholders' equity)
|
77.3%
|
66.1%
|
59.8%
|
58.1%
|
53.3%
|
44.8%
|
43.3%
|
42.9%
|
ROA (Net income/ Total Assets)
|
15.4%
|
15.2%
|
15.3%
|
16.5%
|
17.2%
|
15.4%
|
15.1%
|
15.6%
|
Assets
1 |
7,475
|
8,390
|
9,672
|
9,981
|
10,794
|
12,952
|
13,144
|
13,322
|
Book Value Per Share
2 |
8.280
|
10.70
|
13.30
|
16.00
|
20.00
|
22.80
|
24.20
|
27.70
|
Cash Flow per Share
2 |
8.370
|
8.120
|
10.00
|
11.30
|
11.30
|
13.50
|
13.80
|
14.70
|
Capex
1 |
318
|
442
|
496
|
519
|
771
|
658
|
527
|
515
|
Capex / Sales
|
3.98%
|
5.42%
|
5.53%
|
4.99%
|
6.91%
|
5.75%
|
4.43%
|
4.17%
|
Announcement Date
|
30/01/20
|
04/02/21
|
03/02/22
|
02/02/23
|
08/02/24
|
-
|
-
|
-
|
Average target price
206.9
USD Spread / Average Target +13.04% Consensus |
1st Jan change
|
Capi.
|
---|
| -4.73% | 271B | | -7.99% | 89.39B | | -12.60% | 39.25B | | -1.49% | 36.23B | | -15.99% | 30B | | -4.86% | 29.23B | | +6.63% | 23.68B | | -15.73% | 20.99B | | +2.63% | 19.62B |
Other Food Processing
|