SIMPAR S.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 6.07 BRL | +6.30% |
|
-3.19% | -36.97% |
| Mar. 27 | Transcript : SIMPAR S.A., Q4 2023 Earnings Call, Mar 27, 2024 | |
| Mar. 27 | SIMPAR S.A. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 7,306 | 9,364 | 5,585 | 7,964 | 5,136 | - |
| Enterprise Value (EV) 1 | 16,099 | 24,151 | 33,120 | 39,710 | 43,611 | 35,517 |
| P/E ratio | 19.1 x | 11.6 x | 11.7 x | - | 3.18 x | 2.34 x |
| Yield | - | 4.43% | - | - | - | 10.7% |
| Capitalization / Revenue | 0.74 x | 0.68 x | 0.23 x | 0.25 x | 0.14 x | 0.12 x |
| EV / Revenue | 1.64 x | 1.74 x | 1.36 x | 1.25 x | 1.19 x | 0.82 x |
| EV / EBITDA | 6.94 x | 5.76 x | 4.73 x | 4.86 x | 4.09 x | 2.89 x |
| EV / FCF | -6.7 x | -1.61 x | -4.41 x | -16.8 x | 9.38 x | 5.73 x |
| FCF Yield | -14.9% | -62.2% | -22.7% | -5.96% | 10.7% | 17.5% |
| Price to Book | 3.86 x | 2.74 x | 1.94 x | 2.39 x | 0.62 x | 0.52 x |
| Nbr of stocks (in thousands) | 823,892 | 801,746 | 826,221 | 827,042 | 861,674 | - |
| Reference price 2 | 8.868 | 11.68 | 6.760 | 9.630 | 5.960 | 5.960 |
| Announcement Date | 3/10/21 | 2/24/22 | 3/7/23 | 3/27/24 | - | - |
1BRL in Million2BRL
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 9,600 | 9,807 | 13,866 | 24,382 | 31,844 | 36,785 | 43,330 |
| EBITDA 1 | - | 2,320 | 4,190 | 7,003 | 8,177 | 10,654 | 12,291 |
| EBIT 1 | - | 1,208 | 3,131 | 5,117 | 4,865 | 7,865 | 8,356 |
| Operating Margin | - | 12.31% | 22.58% | 20.99% | 15.28% | 21.38% | 19.29% |
| Earnings before Tax (EBT) 1 | - | 655.2 | 1,913 | 987.4 | -1,029 | 4,939 | 3,338 |
| Net income 1 | - | 276 | 822.3 | 482.1 | -651.9 | 897.5 | 2,592 |
| Net margin | - | 2.81% | 5.93% | 1.98% | -2.05% | 2.44% | 5.98% |
| EPS 2 | 0.3200 | 0.4648 | 1.008 | 0.5756 | - | 1.873 | 2.551 |
| Free Cash Flow 1 | - | -2,402 | -15,024 | -7,503 | -2,369 | 4,651 | 6,202 |
| FCF margin | - | -24.49% | -108.35% | -30.77% | -7.44% | 12.64% | 14.31% |
| FCF Conversion (EBITDA) | - | - | - | - | - | 43.65% | 50.46% |
| FCF Conversion (Net income) | - | - | - | - | - | 518.22% | 239.25% |
| Dividend per Share 2 | - | - | 0.5173 | - | - | - | 0.6378 |
| Announcement Date | 4/28/20 | 3/10/21 | 2/24/22 | 3/7/23 | 3/27/24 | - | - |
1BRL in Million2BRL
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,958 | 4,139 | 4,590 | 5,463 | 6,902 | 7,426 | 7,440 | 7,564 | 8,318 | 8,522 | 9,084 |
| EBITDA 1 | 1,166 | 1,413 | 1,513 | 1,703 | 1,938 | 1,849 | 1,964 | 2,013 | 2,085 | 2,090 | 2,465 |
| EBIT | 889.7 | 1,001 | 1,136 | 1,287 | 1,428 | 1,267 | - | 1,333 | 1,368 | 591.6 | - |
| Operating Margin | 22.48% | 24.18% | 24.74% | 23.55% | 20.69% | 17.06% | - | 17.63% | 16.44% | 6.94% | - |
| Earnings before Tax (EBT) | - | - | 463.5 | 324.2 | 175.1 | 24.6 | - | 106.8 | - | -949.7 | - |
| Net income | - | - | 191.7 | 102 | 18.5 | 169.9 | 6.189 | 12.33 | -136.5 | -718 | - |
| Net margin | - | - | 4.18% | 1.87% | 0.27% | 2.29% | 0.08% | 0.16% | -1.64% | -8.43% | - |
| EPS | 0.3136 | 0.2452 | 0.2351 | 0.1150 | 0.0226 | 0.2029 | - | 0.0149 | -0.1651 | - | - |
| Dividend per Share | - | 0.5173 | - | - | - | 0.1378 | - | - | - | - | - |
| Announcement Date | 11/10/21 | 2/24/22 | 5/6/22 | 8/4/22 | 11/10/22 | 3/7/23 | 5/4/23 | 8/10/23 | 11/8/23 | 3/27/24 | - |
1BRL in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 8,794 | 14,787 | 27,534 | 31,745 | 38,476 | 30,381 |
| Net Cash position 1 | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 3.791 x | 3.529 x | 3.932 x | 3.882 x | 3.611 x | 2.472 x |
| Free Cash Flow 1 | - | -2,402 | -15,024 | -7,503 | -2,369 | 4,651 | 6,202 |
| ROE (net income / shareholders' equity) | - | 19.7% | 30.4% | 15.1% | -16% | 28.5% | 24.3% |
| ROA (Net income/ Total Assets) | - | 1.18% | 2.24% | 0.88% | - | 2.19% | 3.44% |
| Assets 1 | - | 23,368 | 36,765 | 54,814 | - | 40,963 | 75,467 |
| Book Value Per Share 2 | - | 2.300 | 4.260 | 3.490 | 4.020 | 9.540 | 11.50 |
| Cash Flow per Share | - | - | - | - | - | - | - |
| Capex 1 | - | 225 | 311 | 661 | 988 | 9,714 | 11,058 |
| Capex / Sales | - | 2.29% | 2.24% | 2.71% | 3.1% | 26.41% | 25.52% |
| Announcement Date | 4/28/20 | 3/10/21 | 2/24/22 | 3/7/23 | 3/27/24 | - | - |
1BRL in Million2BRL
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B-
Sell
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
5.96
BRL
Average target price
16.32
BRL
Spread / Average Target
+173.85%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -36.97% | 1B | |
| +6.48% | 76.06B | |
| -.--% | 26.71B | |
| +26.61% | 12.9B | |
| -9.58% | 12.39B | |
| -18.72% | 8.22B | |
| -18.66% | 7.55B | |
| -9.19% | 7.52B | |
| -3.88% | 5.4B | |
| +5.99% | 5.34B |
- Stock Market
- Equities
- SIMH3 Stock
- Financials SIMPAR S.A.
