Market Closed -
Sao Paulo
04:07:58 2024-04-26 pm EDT
|
5-day change
|
1st Jan Change
|
18.73
BRL
|
-0.53%
|
|
-0.32%
|
-0.48%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
4,620
|
5,142
|
8,547
|
9,683
|
8,096
|
8,244
|
-
|
-
|
Enterprise Value (EV)
1 |
6,124
|
5,955
|
10,995
|
11,901
|
10,876
|
11,896
|
12,409
|
13,092
|
P/E ratio
|
15
x
|
10.6
x
|
8.06
x
|
7.76
x
|
9.12
x
|
9.45
x
|
7.63
x
|
8.07
x
|
Yield
|
3.12%
|
4.51%
|
5.93%
|
6.28%
|
-
|
6.22%
|
4.69%
|
6.52%
|
Capitalization / Revenue
|
1.52
x
|
1.33
x
|
1.35
x
|
1.01
x
|
1.12
x
|
1.1
x
|
1.09
x
|
1.09
x
|
EV / Revenue
|
2.01
x
|
1.54
x
|
1.74
x
|
1.24
x
|
1.5
x
|
1.58
x
|
1.63
x
|
1.73
x
|
EV / EBITDA
|
7.7
x
|
6.2
x
|
6.52
x
|
3.91
x
|
4.02
x
|
5.01
x
|
4.71
x
|
5.38
x
|
EV / FCF
|
20.6
x
|
10
x
|
317
x
|
7.71
x
|
8.13
x
|
15
x
|
21
x
|
21.4
x
|
FCF Yield
|
4.85%
|
9.99%
|
0.32%
|
13%
|
12.3%
|
6.66%
|
4.76%
|
4.67%
|
Price to Book
|
1.67
x
|
1.75
x
|
2.41
x
|
2.14
x
|
1.68
x
|
1.48
x
|
1.46
x
|
1.3
x
|
Nbr of stocks (in thousands)
|
450,835
|
453,323
|
459,320
|
454,095
|
430,194
|
440,146
|
-
|
-
|
Reference price
2 |
10.25
|
11.34
|
18.61
|
21.32
|
18.82
|
18.73
|
18.73
|
18.73
|
Announcement Date
|
3/11/20
|
3/19/21
|
3/15/22
|
3/8/23
|
3/6/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
3,041
|
3,873
|
6,324
|
9,590
|
7,231
|
7,508
|
7,591
|
7,554
|
EBITDA
1 |
795.5
|
960.3
|
1,685
|
3,047
|
2,709
|
2,374
|
2,633
|
2,432
|
EBIT
1 |
689.7
|
840.6
|
1,539
|
2,869
|
2,489
|
1,835
|
2,066
|
2,029
|
Operating Margin
|
22.68%
|
21.7%
|
24.34%
|
29.92%
|
34.42%
|
24.43%
|
27.21%
|
26.86%
|
Earnings before Tax (EBT)
1 |
414.7
|
689.2
|
1,561
|
1,806
|
1,224
|
1,304
|
1,579
|
1,462
|
Net income
1 |
311.5
|
488.7
|
1,062
|
1,267
|
895.6
|
861.9
|
1,132
|
1,017
|
Net margin
|
10.24%
|
12.62%
|
16.79%
|
13.22%
|
12.39%
|
11.48%
|
14.91%
|
13.46%
|
EPS
2 |
0.6838
|
1.074
|
2.307
|
2.749
|
2.063
|
1.981
|
2.456
|
2.322
|
Free Cash Flow
1 |
297
|
594.7
|
34.69
|
1,543
|
1,338
|
792
|
591
|
611
|
FCF margin
|
9.77%
|
15.36%
|
0.55%
|
16.09%
|
18.5%
|
10.55%
|
7.79%
|
8.09%
|
FCF Conversion (EBITDA)
|
37.33%
|
61.93%
|
2.06%
|
50.63%
|
49.39%
|
33.36%
|
22.45%
|
25.12%
|
FCF Conversion (Net income)
|
95.34%
|
121.7%
|
3.27%
|
121.72%
|
149.36%
|
91.89%
|
52.21%
|
60.11%
|
Dividend per Share
2 |
0.3198
|
0.5112
|
1.103
|
1.340
|
-
|
1.165
|
0.8790
|
1.222
|
Announcement Date
|
3/11/20
|
3/19/21
|
3/15/22
|
3/8/23
|
3/6/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q3
|
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
|
---|
Net sales
1 |
1,143
|
-
|
1,665
|
1,353
|
2,322
|
2,093
|
2,130
|
1,648
|
1,919
|
2,285
|
2,100
|
1,616
|
1,724
|
1,845
|
EBITDA
1 |
330.6
|
-
|
820.3
|
377.8
|
589.6
|
933.6
|
569.7
|
491.9
|
673.4
|
717.7
|
637
|
520.7
|
618.9
|
645
|
EBIT
1 |
-
|
-
|
-
|
-
|
536.9
|
885.3
|
517.8
|
434.5
|
611.2
|
698.7
|
582.4
|
458.8
|
550.3
|
581
|
Operating Margin
|
-
|
-
|
-
|
-
|
23.12%
|
42.3%
|
24.31%
|
26.37%
|
31.86%
|
30.58%
|
27.74%
|
28.39%
|
31.91%
|
31.5%
|
Earnings before Tax (EBT)
1 |
-
|
-
|
-
|
-
|
110
|
825.5
|
471.4
|
224
|
-297
|
491.9
|
387
|
232.6
|
368
|
393.5
|
Net income
1 |
-
|
745.1
|
-
|
-
|
112.1
|
538.9
|
334.2
|
164.8
|
-142.3
|
304.5
|
254.9
|
160.2
|
269.4
|
243.6
|
Net margin
|
-
|
-
|
-
|
-
|
4.83%
|
25.75%
|
15.69%
|
10%
|
-7.42%
|
13.33%
|
12.14%
|
9.91%
|
15.62%
|
13.2%
|
EPS
2 |
-
|
162,108
|
-
|
-
|
0.2277
|
1.299
|
0.8054
|
0.3281
|
-0.3694
|
0.6918
|
0.5791
|
0.3639
|
0.6120
|
0.5535
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.3912
|
0.3078
|
0.1850
|
0.2926
|
0.3129
|
Announcement Date
|
11/11/21
|
5/11/22
|
8/10/22
|
11/4/22
|
3/8/23
|
5/15/23
|
8/9/23
|
11/8/23
|
3/6/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,504
|
813
|
2,448
|
2,218
|
2,780
|
3,652
|
4,165
|
4,848
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.89
x
|
0.8469
x
|
1.453
x
|
0.7281
x
|
1.026
x
|
1.538
x
|
1.582
x
|
1.993
x
|
Free Cash Flow
1 |
297
|
595
|
34.7
|
1,543
|
1,338
|
792
|
591
|
611
|
ROE (net income / shareholders' equity)
|
11.6%
|
16.6%
|
32.9%
|
31.2%
|
18.8%
|
16.9%
|
17.4%
|
16.8%
|
ROA (Net income/ Total Assets)
|
4.9%
|
-
|
9.9%
|
11.2%
|
5.83%
|
7.2%
|
8.47%
|
6.4%
|
Assets
1 |
6,357
|
-
|
10,728
|
11,341
|
15,362
|
11,971
|
13,371
|
15,883
|
Book Value Per Share
2 |
6.150
|
6.480
|
7.710
|
9.970
|
11.20
|
12.70
|
12.90
|
14.50
|
Cash Flow per Share
2 |
1.170
|
1.730
|
0.9500
|
4.320
|
4.270
|
3.150
|
2.840
|
-
|
Capex
1 |
235
|
190
|
400
|
449
|
515
|
706
|
687
|
763
|
Capex / Sales
|
7.73%
|
4.91%
|
6.33%
|
4.68%
|
7.12%
|
9.4%
|
9.05%
|
10.1%
|
Announcement Date
|
3/11/20
|
3/19/21
|
3/15/22
|
3/8/23
|
3/6/24
|
-
|
-
|
-
|
Last Close Price
18.73
BRL Average target price
24.05
BRL Spread / Average Target +28.40% Consensus |
1st Jan change
|
Capi.
|
---|
| -0.48% | 1.61B | | +12.78% | 3.29B | | -95.58% | 1.61B | | -2.37% | 1.25B | | -2.40% | 1.22B | | -.--% | 1.22B | | -11.54% | 1.21B | | -10.44% | 1.2B | | 0.00% | 1.19B | | -0.90% | 1.16B |
Other Fishing & Farming
|