GAFISA S.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 5.22 BRL | -4.40% |
|
-6.95% | -49.90% |
| Mar. 27 | Transcript : Gafisa S.A., 2023 Earnings Call, Mar 27, 2024 | |
| Mar. 27 | Gafisa S.A. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 775 | 1,014 | 1,306 | 677.7 | 374.7 | 658.8 |
| Enterprise Value (EV) 1 | 1,608 | 1,413 | 1,833 | 1,808 | 2,057 | 2,414 |
| P/E ratio | -1.66 x | -43.3 x | -10.2 x | 7.4 x | -4.45 x | -3.17 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 0.81 x | 2.53 x | 1.48 x | 0.83 x | 0.33 x | 0.6 x |
| EV / Revenue | 1.67 x | 3.53 x | 2.07 x | 2.21 x | 1.81 x | 2.19 x |
| EV / EBITDA | 208 x | 88.7 x | -674 x | 50 x | -101 x | -36 x |
| EV / FCF | 89.8 x | 14.1 x | -4.84 x | -3.1 x | -1.73 x | 78.7 x |
| FCF Yield | 1.11% | 7.12% | -20.6% | -32.3% | -57.7% | 1.27% |
| Price to Book | 1.37 x | 1.14 x | 0.84 x | 0.37 x | 0.29 x | 0.39 x |
| Nbr of stocks (in thousands) | 5,095 | 12,991 | 33,371 | 37,461 | 37,851 | 63,226 |
| Reference price 2 | 152.1 | 78.03 | 39.15 | 18.09 | 9.900 | 10.42 |
| Announcement Date | 3/28/19 | 3/27/20 | 3/16/21 | 3/19/22 | 3/28/23 | 3/26/24 |
1BRL in Million2BRL
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 960.9 | 400.5 | 884 | 818.3 | 1,136 | 1,104 |
| EBITDA 1 | 7.728 | 15.94 | -2.721 | 36.16 | -20.46 | -67.02 |
| EBIT 1 | 1.354 | 8.087 | -7.191 | 18.23 | -51.22 | -85.65 |
| Operating Margin | 0.14% | 2.02% | -0.81% | 2.23% | -4.51% | -7.76% |
| Earnings before Tax (EBT) 1 | -443 | -49.38 | -69.39 | 166 | -61.23 | -147.4 |
| Net income 1 | -419.5 | -13.74 | -76.52 | 81.26 | -83.17 | -195.3 |
| Net margin | -43.66% | -3.43% | -8.66% | 9.93% | -7.32% | -17.7% |
| EPS 2 | -91.76 | -1.803 | -3.829 | 2.445 | -2.222 | -3.288 |
| Free Cash Flow 1 | 17.92 | 100.6 | -378.5 | -583.2 | -1,187 | 30.66 |
| FCF margin | 1.87% | 25.12% | -42.82% | -71.27% | -104.53% | 2.78% |
| FCF Conversion (EBITDA) | 231.89% | 631.1% | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 3/28/19 | 3/27/20 | 3/16/21 | 3/19/22 | 3/28/23 | 3/26/24 |
1BRL in Million2BRL
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 833 | 400 | 527 | 1,131 | 1,682 | 1,755 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 107.8 x | 25.08 x | -193.6 x | 31.26 x | -82.22 x | -26.19 x |
| Free Cash Flow 1 | 17.9 | 101 | -379 | -583 | -1,187 | 30.7 |
| ROE (net income / shareholders' equity) | -69.7% | -2.03% | -6.28% | 4.8% | -4.64% | -11.1% |
| ROA (Net income/ Total Assets) | 0.03% | 0.2% | -0.14% | 0.27% | -0.63% | -1.01% |
| Assets 1 | -1,340,339 | -6,906 | 53,661 | 30,218 | 13,263 | 19,363 |
| Book Value Per Share 2 | 111.0 | 68.70 | 46.80 | 48.50 | 34.70 | 27.00 |
| Cash Flow per Share 2 | 7.310 | 0.9600 | 0.8700 | 0.9500 | 0.4500 | 0.1900 |
| Capex 1 | 12.5 | 3.58 | 16.7 | 203 | 129 | 14.9 |
| Capex / Sales | 1.3% | 0.89% | 1.89% | 24.81% | 11.38% | 1.35% |
| Announcement Date | 3/28/19 | 3/27/20 | 3/16/21 | 3/19/22 | 3/28/23 | 3/26/24 |
1BRL in Million2BRL
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Sell
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
5.22
Average target price
-
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -49.90% | 90.14M | |
| +4.09% | 3.28B | |
| +13.15% | 1.47B | |
| +8.95% | 1.1B | |
| +41.44% | 1.09B | |
| +4.59% | 790M | |
| +20.57% | 777M | |
| +1.82% | 654M | |
| +8.39% | 647M | |
| +22.74% | 491M |
- Stock Market
- Equities
- GFSA3 Stock
- Financials Gafisa S.A.
