Market Closed -
Sao Paulo
19:38:56 03/06/2024 BST
|
5-day change
|
1st Jan Change
|
290.5
BRL
|
-0.71%
|
|
-.--%
|
-4.12%
|
Fiscal Period: April |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
Capitalization
1 |
13,104
|
14,188
|
14,851
|
16,466
|
12,194
|
12,506
|
-
|
-
|
Enterprise Value (EV)
1 |
18,334
|
18,605
|
19,172
|
19,636
|
19,497
|
20,241
|
19,587
|
19,899
|
P/E ratio
|
16.8
x
|
16.8
x
|
23.5
x
|
-180
x
|
16.1
x
|
13.4
x
|
12.1
x
|
11
x
|
Yield
|
3.06%
|
2.75%
|
2.89%
|
2.64%
|
3.69%
|
3.71%
|
3.85%
|
4.06%
|
Capitalization / Revenue
|
1.68
x
|
1.77
x
|
1.86
x
|
1.93
x
|
1.49
x
|
1.39
x
|
1.36
x
|
1.34
x
|
EV / Revenue
|
2.35
x
|
2.32
x
|
2.4
x
|
2.3
x
|
2.38
x
|
2.25
x
|
2.14
x
|
2.13
x
|
EV / EBITDA
|
10.7
x
|
10.3
x
|
11.9
x
|
12.3
x
|
10.4
x
|
9.62
x
|
8.89
x
|
8.66
x
|
EV / FCF
|
18.6
x
|
14.8
x
|
26.7
x
|
27.4
x
|
30.3
x
|
19.5
x
|
17.4
x
|
17.6
x
|
FCF Yield
|
5.38%
|
6.76%
|
3.75%
|
3.65%
|
3.3%
|
5.12%
|
5.75%
|
5.68%
|
Price to Book
|
1.6
x
|
1.81
x
|
1.82
x
|
2.21
x
|
1.59
x
|
1.46
x
|
1.33
x
|
1.37
x
|
Nbr of stocks (in thousands)
|
114,038
|
108,310
|
108,458
|
106,636
|
106,176
|
106,433
|
-
|
-
|
Reference price
2 |
114.9
|
131.0
|
136.9
|
154.4
|
114.8
|
117.5
|
117.5
|
117.5
|
Announcement Date
|
04/06/20
|
03/06/21
|
07/06/22
|
06/06/23
|
06/06/24
|
-
|
-
|
-
|
Fiscal Period: April |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
Net sales
1 |
7,801
|
8,003
|
7,999
|
8,529
|
8,179
|
8,987
|
9,171
|
9,325
|
EBITDA
1 |
1,715
|
1,805
|
1,614
|
1,598
|
1,876
|
2,104
|
2,204
|
2,299
|
EBIT
1 |
1,509
|
1,529
|
1,440
|
1,415
|
1,636
|
1,813
|
1,918
|
1,960
|
Operating Margin
|
19.34%
|
19.1%
|
18%
|
16.59%
|
20.01%
|
20.18%
|
20.91%
|
21.02%
|
Earnings before Tax (EBT)
1 |
1,027
|
1,172
|
843.8
|
-9.2
|
996.4
|
1,331
|
1,372
|
1,510
|
Net income
1 |
779.5
|
876.3
|
631.7
|
-91.3
|
744
|
959.2
|
1,035
|
1,138
|
Net margin
|
9.99%
|
10.95%
|
7.9%
|
-1.07%
|
9.1%
|
10.67%
|
11.29%
|
12.21%
|
EPS
2 |
6.840
|
7.790
|
5.830
|
-0.8600
|
7.130
|
8.798
|
9.706
|
10.72
|
Free Cash Flow
1 |
985.5
|
1,258
|
718.8
|
717
|
642.9
|
1,036
|
1,126
|
1,130
|
FCF margin
|
12.63%
|
15.72%
|
8.99%
|
8.41%
|
7.86%
|
11.52%
|
12.28%
|
12.12%
|
FCF Conversion (EBITDA)
|
57.47%
|
69.7%
|
44.53%
|
44.87%
|
34.27%
|
49.22%
|
51.1%
|
49.16%
|
FCF Conversion (Net income)
|
126.43%
|
143.59%
|
113.79%
|
-
|
86.41%
|
107.97%
|
108.79%
|
99.27%
|
Dividend per Share
2 |
3.520
|
3.600
|
3.960
|
4.080
|
4.240
|
4.359
|
4.521
|
4.767
|
Announcement Date
|
04/06/20
|
03/06/21
|
07/06/22
|
06/06/23
|
06/06/24
|
-
|
-
|
-
|
Fiscal Period: April |
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
2025 Q3
|
2025 Q4
|
2026 Q1
|
---|
Net sales
1 |
2,057
|
2,034
|
1,873
|
2,205
|
2,216
|
2,235
|
1,805
|
1,939
|
2,229
|
2,206
|
2,144
|
2,301
|
2,286
|
2,255
|
2,182
|
EBITDA
1 |
414.7
|
412.3
|
325.1
|
405.3
|
428.7
|
474.5
|
381.9
|
438.4
|
525
|
530.6
|
478.6
|
547.4
|
539.4
|
544.3
|
505.6
|
EBIT
1 |
377.9
|
350.9
|
270
|
379.6
|
357.6
|
408.2
|
331.7
|
385.4
|
457.5
|
461.6
|
407.8
|
474.6
|
465.1
|
464.7
|
426.8
|
Operating Margin
|
18.37%
|
17.25%
|
14.42%
|
17.21%
|
16.13%
|
18.27%
|
18.37%
|
19.88%
|
20.52%
|
20.93%
|
19.02%
|
20.63%
|
20.34%
|
20.61%
|
19.56%
|
Earnings before Tax (EBT)
1 |
109.6
|
260.2
|
-
|
252.9
|
275.4
|
-678.6
|
-
|
249.4
|
195.5
|
313.1
|
306
|
375.4
|
361.2
|
361.4
|
325
|
Net income
1 |
69.7
|
202.1
|
109.8
|
191.1
|
208.5
|
-600.7
|
183.6
|
194.9
|
120.4
|
245.1
|
211.3
|
256
|
251
|
252.3
|
232.4
|
Net margin
|
3.39%
|
9.94%
|
5.86%
|
8.67%
|
9.41%
|
-26.88%
|
10.17%
|
10.05%
|
5.4%
|
11.11%
|
9.86%
|
11.13%
|
10.98%
|
11.19%
|
10.65%
|
EPS
2 |
0.6400
|
1.870
|
1.030
|
1.790
|
1.960
|
-5.690
|
1.790
|
1.900
|
1.130
|
2.300
|
1.978
|
2.408
|
2.346
|
2.515
|
2.280
|
Dividend per Share
2 |
0.9900
|
0.9900
|
1.020
|
1.020
|
1.020
|
1.020
|
1.060
|
1.060
|
1.060
|
1.060
|
1.074
|
1.096
|
1.096
|
1.096
|
1.112
|
Announcement Date
|
01/03/22
|
07/06/22
|
23/08/22
|
21/11/22
|
28/02/23
|
06/06/23
|
29/08/23
|
05/12/23
|
27/02/24
|
06/06/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: April |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
Net Debt
1 |
5,230
|
4,417
|
4,321
|
3,171
|
7,303
|
7,735
|
7,081
|
7,393
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
3.05
x
|
2.447
x
|
2.677
x
|
1.984
x
|
3.893
x
|
3.676
x
|
3.213
x
|
3.216
x
|
Free Cash Flow
1 |
986
|
1,258
|
719
|
717
|
643
|
1,036
|
1,126
|
1,130
|
ROE (net income / shareholders' equity)
|
12.4%
|
10.7%
|
11.8%
|
12.3%
|
13.9%
|
13.2%
|
13.1%
|
13.7%
|
ROA (Net income/ Total Assets)
|
5.93%
|
5.27%
|
5.95%
|
6.13%
|
5.89%
|
4.86%
|
5.2%
|
5.45%
|
Assets
1 |
13,138
|
16,627
|
10,616
|
-1,491
|
12,638
|
19,725
|
19,894
|
20,898
|
Book Value Per Share
2 |
71.90
|
72.30
|
75.10
|
69.80
|
72.40
|
80.20
|
88.30
|
85.80
|
Cash Flow per Share
2 |
11.00
|
13.90
|
10.50
|
11.20
|
11.80
|
13.20
|
15.00
|
14.60
|
Capex
1 |
269
|
307
|
418
|
471
|
587
|
454
|
438
|
411
|
Capex / Sales
|
3.45%
|
3.83%
|
5.22%
|
5.52%
|
7.17%
|
5.05%
|
4.77%
|
4.41%
|
Announcement Date
|
04/06/20
|
03/06/21
|
07/06/22
|
06/06/23
|
06/06/24
|
-
|
-
|
-
|
Last Close Price
117.5
USD Average target price
127.3
USD Spread / Average Target +8.34% Consensus |
1st Jan change
|
Capi.
|
---|
| -5.53% | 271B | | -9.11% | 88.3B | | -0.78% | 40.91B | | -11.20% | 39.88B | | +1.89% | 38.42B | | -3.44% | 35.11B | | -10.61% | 31.92B | | -1.97% | 30.08B | | +3.80% | 23.67B |
Other Food Processing
|