GERDAU S.A.

GGBR4
End-of-day quote. End-of-day quote  - 01/22
25.36BRL +1.36%
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2019 2020
Net sales1 39 64442 466
EBITDA1 5 7126 506
Operating profit (EBIT)1 3 1843 935
Operating Margin 8,03%9,27%
Pre-Tax Profit (EBT)1 1 6752 960
Net income1 1 2172 416
Net margin 3,07%5,69%
EPS2 0,701,36
Dividend per Share2 0,210,16
Last update 02/19/202001/25/2021
1 BRL in Million
2 BRL
Estimates
Finances - Leverage
Fiscal Period: December 2019 2020
Net Debt1 9 75512 051
Net Cash position1 --
Leverage (Debt / EBITDA) 1,71x1,85x
Free Cash Flow1 4 4002 292
ROE (Net Profit / Equities) 4,92%7,73%
Shareholders' equity1 24 75231 242
ROA (Net Profit / Asset) 2,46%5,38%
Assets1 49 46344 913
Book Value Per Share2 15,918,4
Cash Flow per Share2 0,951,62
Capex1 1 7471 599
Capex / Sales 4,41%3,77%
Last update 02/19/202001/21/2021
1 BRL in Million
2 BRL
Estimates
Balance Sheet Analysis
Financial Ratios
Size 2020e 2021e
Capitalization 38 151 M BRL -
Entreprise Value (EV) 50 202 M BRL 47 826 M BRL
Valuation 2020e 2021e
P/E ratio (Price / EPS) 17,3x 11,2x
Capitalization / Revenue 0,90x 0,76x
EV / Revenue 1,18x 1,00x
EV / EBITDA 7,72x 6,33x
Yield (DPS / Price) 0,70% 2,34%
Price to book (Price / BVPS) 1,28x 1,20x
Profitability 2020e 2021e
Operating Margin (EBIT / Sales) 9,27% 10,7%
Operating Leverage (Delta EBIT / Delta Sales) 3,32x 2,00x
Net Margin (Net Profit / Revenue) 5,69% 7,11%
ROA (Net Profit / Asset) 5,38% 6,63%
ROE (Net Profit / Equities) 7,73% 9,68%
Rate of Dividend 12,0% 26,3%
Balance Sheet Analysis 2020e 2021e
CAPEX / Sales   3,77% 5,35%
Cash Flow / Sales 6,51% 11,3%
Capital Intensity (Assets / Sales) 1,06x 1,07x
Financial Leverage (Net Debt / EBITDA) 1,85x 1,22x
Price Earning Ratio
EPS & Dividend