Financials SLC Agrícola S.A.

Equities

SLCE3

BRSLCEACNOR2

Fishing & Farming

Market Closed - Sao Paulo 04:07:58 2024-04-26 pm EDT 5-day change 1st Jan Change
18.73 BRL -0.53% Intraday chart for SLC Agrícola S.A. -0.32% -0.48%

Valuation

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 - - -
1BRL in Million2BRL
Estimates

Income Statement Evolution (Annual data)

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 - - -
1BRL in Million2BRL
Estimates

Income Statement Evolution (Quarterly data)

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 - - - - -
1BRL in Million2BRL
Estimates

Balance Sheet Analysis

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 - - -
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
C
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
10
Last Close Price
18.73 BRL
Average target price
24.05 BRL
Spread / Average Target
+28.40%
Consensus
  1. Stock Market
  2. Equities
  3. SLCE3 Stock
  4. Financials SLC Agrícola S.A.