MAGAZINE LUIZA S.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 12.39 BRL | +709.80% |
|
-6.14% | -42.64% |
| May. 10 | Transcript : Magazine Luiza S.A., Q1 2024 Earnings Call, May 10, 2024 | |
| May. 10 | Magazine Luiza S.A. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 77,350 | 161,574 | 47,673 | 18,293 | 14,453 | 9,088 | - | - |
| Enterprise Value (EV) 1 | 73,445 | 162,884 | 53,797 | 26,675 | 18,436 | 15,912 | 14,678 | 14,404 |
| P/E ratio | 84.9 x | 416 x | 82 x | -36.5 x | -14.8 x | 38.5 x | 12.1 x | 8.83 x |
| Yield | - | 0.17% | 0.21% | - | - | 0.07% | 1.53% | 2.69% |
| Capitalization / Revenue | 3.89 x | 5.54 x | 1.35 x | 0.49 x | 0.39 x | 0.23 x | 0.21 x | 0.2 x |
| EV / Revenue | 3.69 x | 5.58 x | 1.52 x | 0.72 x | 0.5 x | 0.41 x | 0.34 x | 0.31 x |
| EV / EBITDA | 56.3 x | 108 x | 36.4 x | 12.5 x | 8.65 x | 5.46 x | 4.27 x | 3.71 x |
| EV / FCF | 75 x | 64.1 x | -9.73 x | 11.3 x | 6.79 x | 11.7 x | 13.5 x | - |
| FCF Yield | 1.33% | 1.56% | -10.3% | 8.88% | 14.7% | 8.58% | 7.42% | - |
| Price to Book | 10.3 x | 22 x | 4.27 x | 1.72 x | 1.5 x | 0.85 x | 0.8 x | 0.76 x |
| Nbr of stocks (in thousands) | 648,641 | 647,590 | 660,284 | 667,611 | 669,128 | 733,516 | - | - |
| Reference price 2 | 119.2 | 249.5 | 72.20 | 27.40 | 21.60 | 12.39 | 12.39 | 12.39 |
| Announcement Date | 2/17/20 | 3/8/21 | 3/14/22 | 3/10/23 | 3/18/24 | - | - | - |
1BRL in Million2BRL
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 19,886 | 29,177 | 35,278 | 37,299 | 36,768 | 39,213 | 43,250 | 46,174 |
| EBITDA 1 | 1,304 | 1,506 | 1,477 | 2,128 | 2,132 | 2,915 | 3,439 | 3,879 |
| EBIT 1 | 1,093 | 824.6 | 470.6 | 771.6 | -372.1 | 1,601 | 2,042 | 2,556 |
| Operating Margin | 5.5% | 2.83% | 1.33% | 2.07% | -1.01% | 4.08% | 4.72% | 5.54% |
| Earnings before Tax (EBT) 1 | 1,218 | 414.1 | -218.4 | -1,269 | -2,064 | 237.3 | 869.1 | 1,352 |
| Net income 1 | 921.8 | 391.7 | 590.7 | -499 | -979.1 | 226 | 693.3 | 1,045 |
| Net margin | 4.64% | 1.34% | 1.67% | -1.34% | -2.66% | 0.58% | 1.6% | 2.26% |
| EPS 2 | 1.405 | 0.6000 | 0.8800 | -0.7500 | -1.460 | 0.3218 | 1.026 | 1.404 |
| Free Cash Flow 1 | 979.5 | 2,539 | -5,529 | 2,369 | 2,714 | 1,365 | 1,089 | - |
| FCF margin | 4.93% | 8.7% | -15.67% | 6.35% | 7.38% | 3.48% | 2.52% | - |
| FCF Conversion (EBITDA) | 75.12% | 168.61% | - | 111.34% | 127.3% | 46.82% | 31.67% | - |
| FCF Conversion (Net income) | 106.26% | 648.28% | - | - | - | 604% | 157.07% | - |
| Dividend per Share 2 | - | 0.4180 | 0.1549 | - | - | 0.008410 | 0.1898 | 0.3336 |
| Announcement Date | 2/17/20 | 3/8/21 | 3/14/22 | 3/10/23 | 3/18/24 | - | - | - |
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 | 9,400 | 8,762 | 8,562 | 8,807 | 11,167 | 9,067 | 8,572 | 8,579 | 10,550 | 9,239 | 9,057 | 9,347 | 11,722 | 10,528 |
| EBITDA 1 | 243.5 | 434.2 | 492.1 | 527.5 | 673.7 | 448 | 439.8 | 487.5 | 756.5 | 687.8 | 661.2 | 628.1 | 855 | - |
| EBIT 1 | -234 | 74.4 | 221.3 | 222.7 | 287.8 | 16.3 | -35.9 | 661.2 | 243.2 | 362.2 | 353.5 | 338.5 | 545.6 | 510.9 |
| Operating Margin | -2.49% | 0.85% | 2.58% | 2.53% | 2.58% | 0.18% | -0.42% | 7.71% | 2.31% | 3.92% | 3.9% | 3.62% | 4.65% | 4.85% |
| Earnings before Tax (EBT) 1 | -482.1 | -347.7 | -307.2 | -333.5 | -281 | -616 | -568 | 360.6 | 16 | -21.24 | -39.05 | 28.89 | 297.5 | - |
| Net income 1 | 93 | -161.3 | -135 | -166.8 | -35.9 | -391.2 | -301.7 | 331.2 | 212.2 | 27.92 | -24.47 | 23.39 | 202.4 | - |
| Net margin | 0.99% | -1.84% | -1.58% | -1.89% | -0.32% | -4.31% | -3.52% | 3.86% | 2.01% | 0.3% | -0.27% | 0.25% | 1.73% | - |
| EPS 2 | 0.1300 | -0.2400 | - | -0.2000 | -0.3100 | -0.5900 | -0.4470 | 0.4900 | - | 0.0400 | -0.0207 | 0.0175 | 0.2513 | 0.2000 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 3/14/22 | 5/16/22 | 8/11/22 | 11/10/22 | 3/10/23 | 5/16/23 | 8/13/23 | 11/13/23 | 3/18/24 | 5/9/24 | - | - | - | - |
1BRL in Million2BRL
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 1,310 | 6,125 | 8,382 | 3,982 | 6,824 | 5,589 | 5,316 |
| Net Cash position 1 | 3,905 | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 0.8699 x | 4.147 x | 3.94 x | 1.868 x | 2.341 x | 1.625 x | 1.37 x |
| Free Cash Flow 1 | 980 | 2,539 | -5,529 | 2,369 | 2,714 | 1,365 | 1,089 | - |
| ROE (net income / shareholders' equity) | 18.7% | 5.26% | 6.36% | -4.56% | -5.43% | 2.46% | 7.22% | 9.45% |
| ROA (Net income/ Total Assets) | 6.45% | 1.76% | 1.87% | -1.31% | -1.46% | 0.47% | 1.57% | - |
| Assets 1 | 14,294 | 22,219 | 31,516 | 38,075 | 66,942 | 48,393 | 44,104 | - |
| Book Value Per Share 2 | 11.50 | 11.30 | 16.90 | 15.90 | 14.40 | 14.50 | 15.50 | 16.30 |
| Cash Flow per Share | 2.290 | 3.980 | -6.480 | 4.550 | - | - | - | - |
| Capex 1 | 522 | 544 | 1,164 | 695 | 641 | 1,255 | 1,102 | - |
| Capex / Sales | 2.62% | 1.86% | 3.3% | 1.86% | 1.74% | 3.2% | 2.55% | - |
| Announcement Date | 2/17/20 | 3/8/21 | 3/14/22 | 3/10/23 | 3/18/24 | - | - | - |
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
HOLD
Number of Analysts
13
Last Close Price
12.39
BRL
Average target price
27.52
BRL
Spread / Average Target
+122.09%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -42.64% | 1.73B | |
| +13.76% | 48.89B | |
| +10.84% | 11.69B | |
| -35.20% | 7.62B | |
| +7.65% | 5.97B | |
| -25.61% | 5B | |
| +9.45% | 4.35B | |
| -24.58% | 2.62B | |
| -11.20% | 2.42B | |
| -6.83% | 1.53B |
- Stock Market
- Equities
- MGLU3 Stock
- Financials Magazine Luiza S.A.
