VITRU LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 13 USD | -5.66% |
|
+3.50% | -17.51% |
| Apr. 19 | Transcript : Vitru Limited - Shareholder/Analyst Call | |
| Mar. 28 | Vitru Announces Resignation of Carlos Henrique Boquimpani de Freitas as Chief Financial Officer, Effective April 30, 2024 | CI |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 1,766 | 1,851 | 4,013 | 2,586 | 2,235 | - |
| Enterprise Value (EV) 1 | 1,832 | 1,684 | 5,883 | 4,526 | 4,194 | 3,596 |
| P/E ratio | 33.9 x | 27.2 x | 36.9 x | 25.5 x | 7.75 x | 5.91 x |
| Yield | - | - | - | - | 1.3% | 1.56% |
| Capitalization / Revenue | 3.4 x | 2.93 x | 3.05 x | 1.32 x | 0.99 x | 0.9 x |
| EV / Revenue | 3.53 x | 2.67 x | 4.47 x | 2.31 x | 1.85 x | 1.44 x |
| EV / EBITDA | 12.5 x | 9.23 x | 13.2 x | 6.3 x | 5.13 x | 3.74 x |
| EV / FCF | 94,445,206 x | 251,333,289 x | 240,851,566 x | - | - | - |
| FCF Yield | 0% | 0% | 0% | - | - | - |
| Price to Book | 1.81 x | 1.72 x | 1.85 x | 1.21 x | 0.92 x | 0.77 x |
| Nbr of stocks (in thousands) | 23,058 | 23,539 | 33,687 | 33,826 | 33,543 | - |
| Reference price 2 | 76.61 | 78.64 | 119.1 | 76.44 | 66.63 | 66.63 |
| Announcement Date | 3/31/21 | 3/10/22 | 3/16/23 | 3/21/24 | - | - |
1BRL in Million2BRL
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 461.1 | 519.2 | 631.1 | 1,317 | 1,962 | 2,262 | 2,493 |
| EBITDA 1 | - | 146.6 | 182.4 | 447.2 | 718.5 | 817.3 | 962.6 |
| EBIT 1 | - | 60.94 | 78.8 | 201 | 401.6 | 580.6 | 682.1 |
| Operating Margin | - | 11.74% | 12.49% | 15.26% | 20.46% | 25.67% | 27.37% |
| Earnings before Tax (EBT) 1 | - | - | 49.4 | 1.1 | 96 | 309.1 | 487.1 |
| Net income 1 | - | 52.11 | 70.7 | 93.3 | 108.8 | 306.7 | 426.9 |
| Net margin | - | 10.04% | 11.2% | 7.08% | 5.54% | 13.56% | 17.13% |
| EPS 2 | -4.030 | 2.260 | 2.890 | 3.230 | 3.000 | 8.600 | 11.28 |
| Free Cash Flow | - | 19.4 | 6.7 | 24.43 | - | - | - |
| FCF margin | - | 3.74% | 1.06% | 1.85% | - | - | - |
| FCF Conversion (EBITDA) | - | 13.23% | 3.67% | 5.46% | - | - | - |
| FCF Conversion (Net income) | - | 37.23% | 9.48% | 26.18% | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | 0.8675 | 1.040 |
| Announcement Date | 3/30/20 | 3/31/21 | 3/10/22 | 3/16/23 | 3/21/24 | - | - |
1BRL in Million2BRL
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2020 S2 | 2021 S1 | 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 | 256.6 | 262.5 | 317.2 | 148.1 | 165.9 | 177.8 | 308 | 400.8 | 430.7 | 444.2 | 521.5 | 488 | 508.8 | 479 |
| EBITDA 1 | - | 71.4 | - | 38.7 | 47.3 | 47.4 | 117 | 143.5 | 139.3 | 168.5 | 202.4 | 185.7 | 161.9 | 194.5 |
| EBIT | - | 17.95 | 46.8 | 8.451 | 23.6 | 25.5 | 39.5 | 79.6 | 56.5 | 101.1 | - | - | - | - |
| Operating Margin | - | 6.84% | 14.75% | 5.71% | 14.23% | 14.34% | 12.82% | 19.86% | 13.12% | 22.76% | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | 8.4 | -24.9 | 26.6 | - | - | - | - |
| Net income | - | - | - | 3.006 | 30.4 | - | 20.9 | 35.8 | 12.8 | 56.2 | 87.06 | -2.785 | -31.8 | - |
| Net margin | - | - | - | 2.03% | 18.32% | - | 6.79% | 8.93% | 2.97% | 12.65% | 16.7% | -0.57% | -6.25% | - |
| EPS | 3.100 | -0.0118 | - | 0.1200 | 1.260 | 0.9800 | 0.7600 | 1.130 | 0.3600 | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 8/24/20 | 3/31/21 | 8/25/21 | 11/17/21 | 3/10/22 | 5/16/22 | 8/25/22 | 11/10/22 | 3/16/23 | 5/11/23 | 8/10/23 | 11/14/23 | 3/21/24 | - |
1BRL in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 65.8 | - | 1,870 | 1,940 | 1,959 | 1,361 |
| Net Cash position 1 | - | - | 167 | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 0.449 x | - | 4.182 x | 2.7 x | 2.397 x | 1.414 x |
| Free Cash Flow | - | 19.4 | 6.7 | 24.4 | - | - | - |
| ROE (net income / shareholders' equity) | - | 13.7% | 6.92% | 5.76% | 11.4% | 17.5% | 19.2% |
| ROA (Net income/ Total Assets) | - | - | - | - | - | - | - |
| Assets 1 | - | - | - | - | - | - | - |
| Book Value Per Share 2 | - | 42.40 | 45.70 | 64.50 | 63.00 | 72.40 | 87.10 |
| Cash Flow per Share 2 | - | 3.900 | 2.660 | 4.210 | 6.330 | 17.70 | - |
| Capex 1 | - | 56.5 | 58.3 | 97 | 123 | 159 | - |
| Capex / Sales | - | 10.88% | 9.24% | 7.37% | 6.25% | 7.03% | - |
| Announcement Date | 3/30/20 | 3/31/21 | 3/10/22 | 3/16/23 | 3/21/24 | - | - |
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+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
6
Last Close Price
66.63
BRL
Average target price
143.7
BRL
Spread / Average Target
+115.66%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -17.51% | 436M | |
| +6.78% | 261M | |
| -26.56% | 157M | |
| +31.48% | 146M | |
| +5.88% | 58.02M |
- Stock Market
- Equities
- VTRU Stock
- Financials Vitru Limited
