Financials Banco BMG S.A.

Equities

BMGB4

BRBMGBACNPR0

Banks

Market Closed - Sao Paulo 04:06:00 2024-04-30 pm EDT 5-day change 1st Jan Change
3.27 BRL -0.30% Intraday chart for Banco BMG S.A. +0.62% -.--%

Valuation

Fiscal Period: December 2019 2020 2021 2023 2024 2025 2026
Capitalization 1 5,908 3,663 1,820 1,907 1,907 - -
Enterprise Value (EV) 1 5,908 3,663 1,820 1,907 1,907 1,907 1,907
P/E ratio 15.2 x 11.7 x - 9.32 x 4.82 x 4.17 x 4.01 x
Yield - - 8.6% - 8.86% 6.82% 9.98%
Capitalization / Revenue 2.66 x 1.22 x 0.64 x 0.41 x 0.35 x 0.32 x 0.29 x
EV / Revenue 2.66 x 1.22 x 0.64 x 0.41 x 0.35 x 0.32 x 0.29 x
EV / EBITDA 10,902,289 x - - - - - -
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book 1.27 x 0.89 x - 0.49 x 0.46 x 0.43 x 0.4 x
Nbr of stocks (in thousands) 603,456 587,882 583,181 583,063 583,073 - -
Reference price 2 9.790 6.230 3.120 3.270 3.270 3.270 3.270
Announcement Date 2/13/20 3/30/21 2/17/22 2/5/24 - - -
1BRL in Million2BRL
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,219 3,014 2,851 - 4,688 5,445 5,994 6,464
EBITDA 541.9 - - - - - - -
EBIT 1 514 611 304 80 21 307 563 -
Operating Margin 23.17% 20.27% 10.66% - 0.45% 5.64% 9.39% -
Earnings before Tax (EBT) 144.8 354.6 - - - - - -
Net income 387.4 313.7 - - - - - -
Net margin 17.46% 10.41% - - - - - -
EPS 2 0.6420 0.5334 - - 0.3510 0.6782 0.7839 0.8157
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - - 0.2682 - - 0.2898 0.2229 0.3263
Announcement Date 2/13/20 3/30/21 2/17/22 2/14/23 2/5/24 - - -
1BRL in Million2BRL
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 694.5 754.6 869.2 1,217 1,302 1,355 1,376 1,412 1,424
EBITDA - - - - - - - - -
EBIT 224.8 - - - - - - - -
Operating Margin 32.37% - - - - - - - -
Earnings before Tax (EBT) - - - - - - - - -
Net income - 36.66 - - - - - - -
Net margin - 4.86% - - - - - - -
EPS 2 0.0494 0.0629 0.1549 - 0.1578 0.1619 0.1724 0.1861 0.1808
Dividend per Share 2 - - - - 0.0840 0.0686 0.0686 0.0686 0.0600
Announcement Date 11/12/21 8/10/23 11/9/23 2/5/24 - - - - -
1BRL in Million2BRL
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 11.6% 7.66% 6.8% 5.8% 5.2% 7.1% 9.7% 10.3%
ROA (Net income/ Total Assets) 2.1% 1.31% - - - - - -
Assets 18,474 23,870 - - - - - -
Book Value Per Share 1 7.710 7.040 - - 6.730 7.120 7.680 8.170
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 2/13/20 3/30/21 2/17/22 2/14/23 2/5/24 - - -
1BRL
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
2
Last Close Price
3.27 BRL
Average target price
3.6 BRL
Spread / Average Target
+10.09%
Consensus
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