NATURA &CO HOLDING S.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 14.83 BRL | -2.95% |
|
-8.96% | -12.20% |
| May. 14 | Transcript : Natura &Co Holding S.A., Q1 2024 Earnings Call, May 14, 2024 | |
| May. 14 | Brazil cosmetics maker Natura widens net loss in Q1 but margins rise | RE |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 45,920 | 72,172 | 35,074 | 15,942 | 23,319 | 20,520 | - | - |
| Enterprise Value (EV) 1 | 53,685 | 77,653 | 41,805 | 26,809 | 23,319 | 18,888 | 18,585 | 17,537 |
| P/E ratio | 217 x | -101 x | 33.9 x | -5.57 x | 7.86 x | 28.8 x | 14.1 x | 12.2 x |
| Yield | 0.33% | 0.35% | - | - | - | 3.89% | 2.63% | 5.54% |
| Capitalization / Revenue | 3.18 x | 1.95 x | 0.87 x | 0.44 x | 0.87 x | 0.75 x | 0.69 x | 0.64 x |
| EV / Revenue | 3.72 x | 2.1 x | 1.04 x | 0.74 x | 0.87 x | 0.69 x | 0.63 x | 0.55 x |
| EV / EBITDA | 21 x | 18.4 x | 10.1 x | 8.49 x | 8.56 x | 6.06 x | 4.7 x | 3.93 x |
| EV / FCF | 75.2 x | 127 x | -26.2 x | -62.2 x | - | 8.79 x | 8.06 x | 6.71 x |
| FCF Yield | 1.33% | 0.79% | -3.81% | -1.61% | - | 11.4% | 12.4% | 14.9% |
| Price to Book | 9.96 x | 2.39 x | 1.23 x | - | - | 0.69 x | 0.74 x | 0.83 x |
| Nbr of stocks (in thousands) | 1,187,490 | 1,374,711 | 1,379,256 | 1,373,111 | 1,380,627 | 1,383,685 | - | - |
| Reference price 2 | 38.67 | 52.50 | 25.43 | 11.61 | 16.89 | 14.83 | 14.83 | 14.83 |
| Announcement Date | 3/5/20 | 3/4/21 | 3/9/22 | 3/13/23 | 3/12/24 | - | - | - |
1BRL in Million2BRL
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 14,445 | 36,922 | 40,100 | 36,350 | 26,737 | 27,343 | 29,590 | 31,874 |
| EBITDA 1 | 2,557 | 4,220 | 4,137 | 3,159 | 2,725 | 3,117 | 3,951 | 4,459 |
| EBIT 1 | 1,351 | 789.6 | 1,118 | 566.8 | - | 1,162 | 2,145 | 2,545 |
| Operating Margin | 9.35% | 2.14% | 2.79% | 1.56% | - | 4.25% | 7.25% | 7.98% |
| Earnings before Tax (EBT) 1 | 511.2 | -245.8 | 91.25 | -2,359 | -2,668 | 883.3 | 1,880 | 2,341 |
| Net income 1 | 155.5 | -650.2 | 1,048 | -2,860 | 2,974 | 890.6 | 1,498 | 1,735 |
| Net margin | 1.08% | -1.76% | 2.61% | -7.87% | 11.12% | 3.26% | 5.06% | 5.44% |
| EPS 2 | 0.1779 | -0.5220 | 0.7503 | -2.084 | 2.148 | 0.5150 | 1.053 | 1.214 |
| Free Cash Flow 1 | 714 | 611.4 | -1,593 | -431.3 | - | 2,148 | 2,305 | 2,615 |
| FCF margin | 4.94% | 1.66% | -3.97% | -1.19% | - | 7.86% | 7.79% | 8.2% |
| FCF Conversion (EBITDA) | 27.92% | 14.49% | - | - | - | 68.91% | 58.34% | 58.64% |
| FCF Conversion (Net income) | 459.16% | - | - | - | - | 241.19% | 153.86% | 150.75% |
| Dividend per Share 2 | 0.1278 | 0.1832 | - | - | - | 0.5768 | 0.3899 | 0.8212 |
| Announcement Date | 3/5/20 | 3/4/21 | 3/9/22 | 3/13/23 | 3/12/24 | - | - | - |
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 | 11,600 | 8,253 | 8,702 | 9,004 | 10,390 | 8,021 | 7,774 | 7,517 | 4,126 | 6,105 | 6,678 | 6,506 | 7,171 | 6,484 |
| EBITDA 1 | 1,543 | 595.9 | 694.9 | 772.5 | 1,095 | 841.7 | 753.1 | 751.4 | 670.6 | 687 | 742.7 | 780.1 | 913.6 | - |
| EBIT 1 | 764.9 | -133.5 | -139 | 150.2 | 404.8 | 154.5 | 165.3 | -48.65 | - | 290.6 | 208.4 | 193.4 | 493.2 | 393.8 |
| Operating Margin | 6.59% | -1.62% | -1.6% | 1.67% | 3.9% | 1.93% | 2.13% | -0.65% | - | 4.76% | 3.12% | 2.97% | 6.88% | 6.07% |
| Earnings before Tax (EBT) 1 | 464.4 | -520.1 | -565.8 | -596.8 | -676 | -448.9 | -534.2 | -1,114 | -571.7 | -206 | 251 | 280.2 | 388.8 | - |
| Net income 1 | 695.4 | -643.1 | -766.7 | -559.8 | -890 | -652.4 | -731.8 | 7,024 | -2,666 | -934.8 | 206.8 | 218.9 | 281.2 | - |
| Net margin | 5.99% | -7.79% | -8.81% | -6.22% | -8.57% | -8.13% | -9.41% | 93.44% | -64.62% | -15.31% | 3.1% | 3.36% | 3.92% | - |
| EPS 2 | 0.4975 | -0.4694 | -0.5590 | -0.4073 | -0.6487 | -0.4750 | -0.5318 | 5.100 | -1.945 | -0.6765 | 0.0900 | 0.0800 | 0.2300 | 0.1800 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | 0.0323 | - | - | - |
| Announcement Date | 3/9/22 | 5/6/22 | 8/11/22 | 11/9/22 | 3/13/23 | 5/8/23 | 8/14/23 | 11/13/23 | 3/12/24 | 5/14/24 | - | - | - | - |
1BRL in Million2BRL
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 7,765 | 5,481 | 6,731 | 10,867 | - | - | - | - |
| Net Cash position 1 | - | - | - | - | - | 1,632 | 1,935 | 2,983 |
| Leverage (Debt/EBITDA) | 3.036 x | 1.299 x | 1.627 x | 3.44 x | - | - | - | - |
| Free Cash Flow 1 | 714 | 611 | -1,593 | -431 | - | 2,148 | 2,305 | 2,615 |
| ROE (net income / shareholders' equity) | 21.2% | -4.23% | 3.75% | -11.2% | - | 5.11% | 6.51% | 8.13% |
| ROA (Net income/ Total Assets) | - | - | - | -4.97% | - | 2.62% | 3.53% | 3.98% |
| Assets 1 | - | - | - | 57,567 | - | 34,031 | 42,391 | 43,552 |
| Book Value Per Share 2 | 3.880 | 22.00 | 20.70 | - | - | 21.60 | 20.10 | 17.90 |
| Cash Flow per Share 2 | 2.960 | 3.590 | 2.960 | - | - | 1.630 | - | - |
| Capex 1 | 586 | 674 | 1,479 | 1,103 | - | 721 | 746 | 715 |
| Capex / Sales | 4.06% | 1.83% | 3.69% | 3.03% | - | 2.64% | 2.52% | 2.24% |
| Announcement Date | 3/5/20 | 3/4/21 | 3/9/22 | 3/13/23 | 3/12/24 | - | - | - |
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+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
11
Last Close Price
14.83
BRL
Average target price
19.79
BRL
Spread / Average Target
+33.45%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -12.20% | 3.98B | |
| -1.48% | 259B | |
| +18.81% | 20.66B | |
| 0.00% | 19.04B | |
| +17.33% | 12.68B | |
| -13.77% | 9.25B | |
| +23.03% | 8.07B | |
| +11.07% | 6.01B | |
| -16.08% | 3.87B | |
| -3.08% | 3.69B |
- Stock Market
- Equities
- NTCO3 Stock
- Financials Natura &Co Holding S.A.
