Market Closed -
Sao Paulo
21:05:00 28/06/2024 BST
|
5-day change
|
1st Jan Change
|
23.69
BRL
|
+21.45%
|
|
+2.20%
|
+49.84%
|
Fiscal Period: January |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
Capitalization
1 |
324,828
|
397,486
|
387,816
|
387,989
|
444,892
|
544,628
|
-
|
-
|
Enterprise Value (EV)
1 |
369,832
|
428,616
|
415,887
|
423,986
|
481,916
|
584,931
|
584,771
|
584,169
|
P/E ratio
|
22.1
x
|
29.6
x
|
28.7
x
|
33.7
x
|
28.8
x
|
27.6
x
|
25.5
x
|
23.5
x
|
Yield
|
1.85%
|
1.54%
|
1.57%
|
1.56%
|
1.38%
|
1.22%
|
1.29%
|
1.39%
|
Capitalization / Revenue
|
0.62
x
|
0.72
x
|
0.68
x
|
0.64
x
|
0.69
x
|
0.81
x
|
0.78
x
|
0.74
x
|
EV / Revenue
|
0.71
x
|
0.77
x
|
0.73
x
|
0.7
x
|
0.75
x
|
0.87
x
|
0.84
x
|
0.8
x
|
EV / EBITDA
|
11.4
x
|
12.5
x
|
11.3
x
|
11.9
x
|
12.4
x
|
13.9
x
|
12.9
x
|
12
x
|
EV / FCF
|
25.4
x
|
16.6
x
|
37.6
x
|
35.4
x
|
31.9
x
|
44.6
x
|
38.9
x
|
33.5
x
|
FCF Yield
|
3.93%
|
6.02%
|
2.66%
|
2.83%
|
3.14%
|
2.24%
|
2.57%
|
2.99%
|
Price to Book
|
4.34
x
|
4.91
x
|
4.69
x
|
5.11
x
|
5.31
x
|
6.1
x
|
5.55
x
|
4.98
x
|
Nbr of stocks (in thousands)
|
8,511,525
|
8,487,858
|
8,321,635
|
8,090,400
|
8,076,701
|
8,043,543
|
-
|
-
|
Reference price
2 |
38.16
|
46.83
|
46.60
|
47.96
|
55.08
|
67.71
|
67.71
|
67.71
|
Announcement Date
|
18/02/20
|
18/02/21
|
17/02/22
|
21/02/23
|
20/02/24
|
-
|
-
|
-
|
Fiscal Period: January |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
Net sales
1 |
519,926
|
555,233
|
567,762
|
605,881
|
642,637
|
672,652
|
699,738
|
733,785
|
EBITDA
1 |
32,394
|
34,332
|
36,708
|
35,547
|
38,865
|
42,072
|
45,201
|
48,830
|
EBIT
1 |
21,407
|
23,180
|
26,050
|
24,602
|
27,012
|
29,344
|
31,763
|
34,908
|
Operating Margin
|
4.12%
|
4.17%
|
4.59%
|
4.06%
|
4.2%
|
4.36%
|
4.54%
|
4.76%
|
Earnings before Tax (EBT)
1 |
20,116
|
20,564
|
18,696
|
17,016
|
21,848
|
27,406
|
29,145
|
31,043
|
Net income
1 |
14,881
|
13,510
|
13,673
|
11,680
|
15,511
|
19,834
|
21,274
|
22,769
|
Net margin
|
2.86%
|
2.43%
|
2.41%
|
1.93%
|
2.41%
|
2.95%
|
3.04%
|
3.1%
|
EPS
2 |
1.730
|
1.583
|
1.623
|
1.423
|
1.913
|
2.456
|
2.652
|
2.883
|
Free Cash Flow
1 |
14,550
|
25,810
|
11,075
|
11,984
|
15,120
|
13,104
|
15,021
|
17,451
|
FCF margin
|
2.8%
|
4.65%
|
1.95%
|
1.98%
|
2.35%
|
1.95%
|
2.15%
|
2.38%
|
FCF Conversion (EBITDA)
|
44.92%
|
75.18%
|
30.17%
|
33.71%
|
38.9%
|
31.15%
|
33.23%
|
35.74%
|
FCF Conversion (Net income)
|
97.78%
|
191.04%
|
81%
|
102.6%
|
97.48%
|
66.06%
|
70.61%
|
76.64%
|
Dividend per Share
2 |
0.7067
|
0.7200
|
0.7333
|
0.7467
|
0.7600
|
0.8248
|
0.8729
|
0.9403
|
Announcement Date
|
18/02/20
|
18/02/21
|
17/02/22
|
21/02/23
|
20/02/24
|
-
|
-
|
-
|
Fiscal Period: January |
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
|
2026 Q2
|
---|
Net sales
1 |
151,525
|
140,288
|
151,381
|
151,469
|
162,743
|
151,004
|
160,280
|
159,439
|
171,914
|
159,938
|
167,260
|
165,535
|
178,259
|
166,173
|
174,206
|
EBITDA
1 |
8,701
|
7,998
|
9,553
|
8,775
|
9,221
|
9,085
|
10,221
|
9,188
|
10,371
|
10,224
|
10,956
|
9,941
|
11,070
|
10,985
|
11,921
|
EBIT
1 |
5,995
|
5,318
|
6,854
|
6,020
|
6,410
|
6,240
|
7,316
|
6,202
|
7,254
|
6,841
|
7,771
|
6,713
|
7,771
|
7,644
|
8,440
|
Operating Margin
|
3.96%
|
3.79%
|
4.53%
|
3.97%
|
3.94%
|
4.13%
|
4.56%
|
3.89%
|
4.22%
|
4.28%
|
4.65%
|
4.06%
|
4.36%
|
4.6%
|
4.84%
|
Earnings before Tax (EBT)
1 |
4,782
|
2,901
|
6,644
|
-1,431
|
8,902
|
2,688
|
10,727
|
915
|
7,518
|
7,035
|
7,179
|
6,080
|
7,159
|
7,021
|
7,897
|
Net income
1 |
3,562
|
2,054
|
5,149
|
-1,798
|
6,275
|
1,673
|
7,891
|
453
|
5,494
|
5,104
|
5,175
|
4,352
|
5,138
|
5,101
|
5,772
|
Net margin
|
2.35%
|
1.46%
|
3.4%
|
-1.19%
|
3.86%
|
1.11%
|
4.92%
|
0.28%
|
3.2%
|
3.19%
|
3.09%
|
2.63%
|
2.88%
|
3.07%
|
3.31%
|
EPS
2 |
0.4267
|
0.2467
|
0.6267
|
-0.2200
|
0.7733
|
0.2067
|
0.9733
|
0.0567
|
0.6767
|
0.6300
|
0.6418
|
0.5396
|
0.6390
|
0.6413
|
0.7184
|
Dividend per Share
2 |
-
|
0.1867
|
0.1867
|
-
|
-
|
0.1900
|
-
|
-
|
0.1900
|
0.2075
|
0.1374
|
0.1374
|
0.1374
|
0.2185
|
0.2185
|
Announcement Date
|
17/02/22
|
17/05/22
|
16/08/22
|
15/11/22
|
21/02/23
|
18/05/23
|
17/08/23
|
16/11/23
|
20/02/24
|
16/05/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: January |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
2027
|
---|
Net Debt
1 |
45,004
|
31,130
|
28,071
|
35,997
|
37,024
|
40,303
|
40,143
|
39,541
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.389
x
|
0.9067
x
|
0.7647
x
|
1.013
x
|
0.9526
x
|
0.958
x
|
0.8881
x
|
0.8098
x
|
Free Cash Flow
1 |
14,550
|
25,810
|
11,075
|
11,984
|
15,120
|
13,104
|
15,021
|
17,451
|
ROE (net income / shareholders' equity)
|
20.2%
|
20%
|
22.1%
|
21.5%
|
22.4%
|
21.7%
|
22.2%
|
22.3%
|
ROA (Net income/ Total Assets)
|
6.53%
|
6.38%
|
7.29%
|
7.05%
|
7.25%
|
7.6%
|
7.84%
|
8.33%
|
Assets
1 |
227,887
|
211,719
|
187,636
|
165,742
|
213,831
|
261,048
|
271,457
|
273,230
|
Book Value Per Share
2 |
8.790
|
9.530
|
9.940
|
9.380
|
10.40
|
11.10
|
12.20
|
13.60
|
Cash Flow per Share
2 |
2.940
|
4.220
|
2.870
|
3.520
|
4.410
|
4.340
|
4.620
|
5.190
|
Capex
1 |
10,705
|
10,264
|
13,106
|
16,857
|
20,606
|
21,228
|
21,112
|
20,957
|
Capex / Sales
|
2.06%
|
1.85%
|
2.31%
|
2.78%
|
3.21%
|
3.16%
|
3.02%
|
2.86%
|
Announcement Date
|
18/02/20
|
18/02/21
|
17/02/22
|
21/02/23
|
20/02/24
|
-
|
-
|
-
|
Last Close Price
67.71
USD Average target price
71.9
USD Spread / Average Target +6.19% Consensus |
1st Jan change
|
Capi.
|
---|
| -2.38% | 35.55B | | +9.23% | 36.05B | | +23.71% | 35.4B | | +6.05% | 27.69B | | -9.17% | 27.53B | | +5.34% | 26.53B | | +19.63% | 19.05B | | +9.14% | 18.3B | | -1.79% | 13.45B |
Other Food Retail & Distribution
|