Financials Grupo Casas Bahia S.A.

Equities

BHIA3

BRBHIAACNOR1

Department Stores

Market Closed - Sao Paulo 04:06:00 2024-06-07 pm EDT 5-day change 1st Jan Change
6.58 BRL +5.28% Intraday chart for Grupo Casas Bahia S.A. -7.19% -42.18%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 14,514 25,808 8,390 3,793 1,074 625 - -
Enterprise Value (EV) 1 24,149 36,367 22,137 17,314 12,708 11,235 12,545 10,999
P/E ratio -10.1 x 23.5 x -28.2 x -11.1 x -0.32 x -0.53 x -1.44 x -1.71 x
Yield - - - - - - - -
Capitalization / Revenue 0.57 x 0.89 x 0.27 x 0.12 x 0.04 x 0.02 x 0.02 x 0.02 x
EV / Revenue 0.94 x 1.26 x 0.72 x 0.56 x 0.44 x 0.4 x 0.4 x 0.35 x
EV / EBITDA 13.9 x 15.8 x 8.96 x 6.51 x 10.2 x 6.35 x 4.65 x 3.65 x
EV / FCF -9.03 x -7.94 x 107 x 8.43 x 3.61 x 24.2 x 19.8 x -
FCF Yield -11.1% -12.6% 0.93% 11.9% 27.7% 4.13% 5.06% -
Price to Book 25.1 x 4.32 x 1.49 x 0.72 x 0.31 x 0.28 x 0.35 x 0.34 x
Nbr of stocks (in thousands) 51,974 63,882 63,925 63,217 94,363 94,985 - -
Reference price 2 279.2 404.0 131.2 60.00 11.38 6.580 6.580 6.580
Announcement Date 3/25/20 3/2/21 3/9/22 3/9/23 3/25/24 - - -
1BRL in Million2BRL
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 25,642 28,901 30,899 30,898 28,847 27,869 31,002 31,727
EBITDA 1 1,736 2,300 2,471 2,660 1,240 1,768 2,696 3,014
EBIT 1 349 1,619 -343 1,161 -1,160 557.8 1,569 1,811
Operating Margin 1.36% 5.6% -1.11% 3.76% -4.02% 2% 5.06% 5.71%
Earnings before Tax (EBT) 1 -2,048 923 -1,560 -1,083 -4,201 -1,591 -618.6 -476.1
Net income 1 -1,433 1,004 -297 -342 -2,625 -1,152 -428.7 -366.1
Net margin -5.59% 3.47% -0.96% -1.11% -9.1% -4.13% -1.38% -1.15%
EPS 2 -27.64 17.18 -4.648 -5.405 -36.09 -12.35 -4.558 -3.853
Free Cash Flow 1 -2,675 -4,583 206 2,053 3,518 464 635 -
FCF margin -10.43% -15.86% 0.67% 6.64% 12.2% 1.66% 2.05% -
FCF Conversion (EBITDA) - - 8.34% 77.18% 283.71% 26.24% 23.55% -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 - - - - - - - -
Announcement Date 3/25/20 3/2/21 3/9/22 3/9/23 3/25/24 - - -
1BRL in Million2BRL
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 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 8,127 7,399 7,646 7,008 8,845 7,354 7,489 6,590 7,414 6,347 6,881 6,835 7,822 6,787
EBITDA 734 758 690 475 737 675 469 122 163 - - - - -
EBIT 1 337 386 446 68 261 274 -42 -660 -732 -16 151.2 117.1 290.2 197.4
Operating Margin 4.15% 5.22% 5.83% 0.97% 2.95% 3.73% -0.56% -10.02% -9.87% -0.25% 2.2% 1.71% 3.71% 2.91%
Earnings before Tax (EBT) 1 - - -128 - - - -842 - -1,467 -502 -286.4 -277.3 - -
Net income 29 18 6 -203 -163 -297 -492 -836 -1,000 -261 - - - -
Net margin 0.36% 0.24% 0.08% -2.9% -1.84% -4.04% -6.57% -12.69% -13.49% -4.11% - - - -
EPS 2 0.4518 0.2850 0.0975 -3.210 -2.575 -4.698 -7.763 -12.42 - -2.747 -3.710 -3.680 -2.650 -2.490
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 3/9/22 5/9/22 8/11/22 11/10/22 3/9/23 5/4/23 8/10/23 11/8/23 3/25/24 5/8/24 - - - -
1BRL in Million2BRL
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 9,635 10,559 13,747 13,521 11,634 10,610 11,920 10,374
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 5.55 x 4.591 x 5.563 x 5.083 x 9.382 x 6 x 4.422 x 3.442 x
Free Cash Flow 1 -2,675 -4,583 206 2,053 3,518 464 635 -
ROE (net income / shareholders' equity) -37.2% 30.6% -5.11% -6.26% -60.1% -34.7% -11.7% 5.8%
ROA (Net income/ Total Assets) -1.95% 3.49% 1.57% -0.96% - -0.87% -0.17% -
Assets 1 73,446 28,740 -18,879 35,459 - 131,919 256,680 -
Book Value Per Share 2 11.10 93.60 88.30 83.60 36.40 23.50 18.90 19.40
Cash Flow per Share 2 -42.40 -70.30 17.50 48.70 55.30 -10.50 - -
Capex 1 472 362 951 1,026 506 394 616 -
Capex / Sales 1.84% 1.25% 3.08% 3.32% 1.75% 1.41% 1.99% -
Announcement Date 3/25/20 3/2/21 3/9/22 3/9/23 3/25/24 - - -
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+
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
10
Last Close Price
6.58 BRL
Average target price
14.24 BRL
Spread / Average Target
+116.38%
Consensus
  1. Stock Market
  2. Equities
  3. BHIA3 Stock
  4. Financials Grupo Casas Bahia S.A.