Market Closed -
Sao Paulo
04:07:37 2024-06-03 pm EDT
|
5-day change
|
1st Jan Change
|
22.89
BRL
|
+0.84%
|
|
-0.35%
|
-19.46%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
19,736
|
14,037
|
11,091
|
12,829
|
16,547
|
13,195
|
-
|
-
|
Enterprise Value (EV)
1 |
21,972
|
15,935
|
13,336
|
12,829
|
18,632
|
15,200
|
14,874
|
14,567
|
P/E ratio
|
42.1
x
|
14.7
x
|
24.8
x
|
16.9
x
|
16.4
x
|
12.1
x
|
11.3
x
|
11
x
|
Yield
|
1.42%
|
-
|
2.67%
|
-
|
-
|
4.36%
|
4.75%
|
5.13%
|
Capitalization / Revenue
|
14.9
x
|
7.36
x
|
8.61
x
|
7.14
x
|
8.15
x
|
5.95
x
|
5.72
x
|
5.54
x
|
EV / Revenue
|
16.5
x
|
8.36
x
|
10.4
x
|
7.14
x
|
9.18
x
|
6.85
x
|
6.44
x
|
6.12
x
|
EV / EBITDA
|
22
x
|
11.5
x
|
16.4
x
|
18.1
x
|
12.4
x
|
9.23
x
|
8.47
x
|
7.93
x
|
EV / FCF
|
102
x
|
-381
x
|
85.8
x
|
-
|
20
x
|
28.1
x
|
17.5
x
|
13.5
x
|
FCF Yield
|
0.98%
|
-0.26%
|
1.17%
|
-
|
5.01%
|
3.55%
|
5.7%
|
7.43%
|
Price to Book
|
3.32
x
|
2.11
x
|
1.64
x
|
-
|
2.46
x
|
1.81
x
|
1.7
x
|
1.63
x
|
Nbr of stocks (in thousands)
|
596,254
|
596,543
|
592,477
|
585,816
|
582,219
|
581,283
|
-
|
-
|
Reference price
2 |
33.10
|
23.53
|
18.72
|
21.90
|
28.42
|
22.70
|
22.70
|
22.70
|
Announcement Date
|
2/17/20
|
2/11/21
|
2/10/22
|
2/9/23
|
2/8/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,329
|
1,907
|
1,288
|
1,798
|
2,030
|
2,219
|
2,309
|
2,382
|
EBITDA
1 |
997.7
|
1,384
|
812.6
|
708.3
|
1,506
|
1,647
|
1,755
|
1,837
|
EBIT
1 |
774.9
|
1,158
|
611.5
|
1,069
|
1,358
|
1,497
|
1,583
|
1,651
|
Operating Margin
|
58.31%
|
60.75%
|
47.46%
|
59.44%
|
66.93%
|
67.46%
|
68.55%
|
69.31%
|
Earnings before Tax (EBT)
1 |
561
|
1,073
|
497.4
|
826.7
|
1,131
|
1,296
|
1,383
|
1,487
|
Net income
1 |
471
|
964.2
|
453.1
|
769.3
|
1,020
|
1,141
|
1,197
|
1,267
|
Net margin
|
35.45%
|
50.57%
|
35.17%
|
42.79%
|
50.28%
|
51.41%
|
51.86%
|
53.2%
|
EPS
2 |
0.7855
|
1.601
|
0.7563
|
1.300
|
1.733
|
1.870
|
2.008
|
2.072
|
Free Cash Flow
1 |
215.1
|
-41.77
|
155.4
|
-
|
933.5
|
540
|
848
|
1,083
|
FCF margin
|
16.19%
|
-2.19%
|
12.06%
|
-
|
46%
|
24.34%
|
36.73%
|
45.47%
|
FCF Conversion (EBITDA)
|
21.56%
|
-
|
19.13%
|
-
|
61.97%
|
32.78%
|
48.31%
|
58.95%
|
FCF Conversion (Net income)
|
45.68%
|
-
|
34.3%
|
-
|
91.49%
|
47.34%
|
70.83%
|
85.46%
|
Dividend per Share
2 |
0.4696
|
-
|
0.4989
|
-
|
-
|
0.9896
|
1.079
|
1.165
|
Announcement Date
|
2/17/20
|
2/11/21
|
2/10/22
|
2/9/23
|
2/8/24
|
-
|
-
|
-
|
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 |
438.9
|
413.6
|
430.5
|
449
|
504.5
|
464.8
|
487.6
|
506.6
|
570.6
|
523.6
|
509.8
|
508.3
|
611
|
515.2
|
567.1
|
EBITDA
1 |
283.7
|
294
|
286.5
|
321.4
|
373.4
|
356.9
|
367.5
|
390.8
|
391.4
|
390.8
|
377.9
|
372.9
|
473.4
|
-
|
-
|
EBIT
1 |
226.1
|
242.3
|
234.4
|
269.6
|
322.1
|
310.8
|
333.3
|
355.1
|
359.2
|
356.3
|
367.6
|
365.6
|
449.2
|
368.6
|
400.8
|
Operating Margin
|
51.5%
|
58.58%
|
54.46%
|
60.05%
|
63.86%
|
66.87%
|
68.36%
|
70.09%
|
62.95%
|
68.04%
|
72.11%
|
71.93%
|
73.51%
|
71.55%
|
70.69%
|
Earnings before Tax (EBT)
1 |
-
|
188.8
|
172.9
|
206.9
|
258.1
|
243
|
275.2
|
302.7
|
310.1
|
320.1
|
304.9
|
316.2
|
433.6
|
324.2
|
355.5
|
Net income
1 |
-
|
171.6
|
172.6
|
186.1
|
239
|
207.2
|
247.2
|
263.4
|
302.6
|
267
|
253.1
|
261.5
|
345
|
283.8
|
295.6
|
Net margin
|
-
|
41.48%
|
40.08%
|
41.45%
|
47.38%
|
44.58%
|
50.7%
|
51.99%
|
53.03%
|
51%
|
49.65%
|
51.45%
|
56.47%
|
55.09%
|
52.13%
|
EPS
2 |
0.3556
|
0.2882
|
0.2908
|
0.3148
|
0.4058
|
0.3493
|
0.4180
|
0.4487
|
0.5170
|
0.4541
|
0.4394
|
0.4478
|
0.5879
|
0.4487
|
0.5078
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.2272
|
0.2304
|
0.2381
|
0.3259
|
0.2681
|
Announcement Date
|
2/10/22
|
4/28/22
|
7/28/22
|
11/3/22
|
2/9/23
|
4/27/23
|
7/27/23
|
10/26/23
|
2/8/24
|
4/25/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
2,236
|
1,898
|
2,245
|
-
|
2,086
|
2,005
|
1,679
|
1,372
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.241
x
|
1.372
x
|
2.763
x
|
-
|
1.384
x
|
1.217
x
|
0.9566
x
|
0.7465
x
|
Free Cash Flow
1 |
215
|
-41.8
|
155
|
-
|
934
|
540
|
848
|
1,083
|
ROE (net income / shareholders' equity)
|
8.62%
|
16.3%
|
7.2%
|
-
|
15.1%
|
15.3%
|
15.2%
|
15.1%
|
ROA (Net income/ Total Assets)
|
5.11%
|
-
|
4.27%
|
-
|
9.1%
|
8.98%
|
9.4%
|
9.98%
|
Assets
1 |
9,226
|
-
|
10,613
|
-
|
11,207
|
12,706
|
12,737
|
12,697
|
Book Value Per Share
2 |
9.960
|
11.20
|
11.40
|
-
|
11.50
|
12.50
|
13.40
|
14.00
|
Cash Flow per Share
|
1.600
|
0.8500
|
1.170
|
-
|
-
|
-
|
-
|
-
|
Capex
1 |
746
|
551
|
546
|
-
|
481
|
500
|
357
|
444
|
Capex / Sales
|
56.16%
|
28.88%
|
42.4%
|
-
|
23.72%
|
22.54%
|
15.48%
|
18.64%
|
Announcement Date
|
2/17/20
|
2/11/21
|
2/10/22
|
2/9/23
|
2/8/24
|
-
|
-
|
-
|
Last Close Price
22.7
BRL Average target price
32.15
BRL Spread / Average Target +41.63% Consensus |
1st Jan change
|
Capi.
|
---|
| -19.46% | 2.52B | | +6.35% | 10.85B | | +49.04% | 6.68B | | +20.52% | 3.24B | | +7.31% | 2.74B | | +2.41% | 2.66B | | -13.94% | 2.45B | | -11.12% | 2.4B | | +19.03% | 2.15B | | -4.29% | 1.94B |
Retail Real Estate Development
|