Financials Wiz Co Participações e Corretagem de Seguros S.A.

Equities

WIZC3

BRWIZCACNOR5

Multiline Insurance & Brokers

Market Closed - Sao Paulo 04:06:00 2024-05-24 pm EDT 5-day change 1st Jan Change
6.13 BRL -10.12% Intraday chart for Wiz Co Participações e Corretagem de Seguros S.A. -5.26% -15.45%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,258 1,286 1,273 1,121 1,159 980.2 - -
Enterprise Value (EV) 1 2,218 1,029 1,049 1,214 1,159 693.2 788.2 846.2
P/E ratio 10.6 x - 6.77 x 7.01 x 8.19 x 6.09 x 5.42 x 4.82 x
Yield 4.74% 8.96% 8.07% 6.35% - 3.26% 6.24% 6.98%
Capitalization / Revenue 3.31 x 1.6 x 1.56 x 1.18 x 1.03 x 1.01 x 0.98 x 0.92 x
EV / Revenue 3.25 x 1.28 x 1.28 x 1.28 x 1.03 x 0.71 x 0.79 x 0.8 x
EV / EBITDA 5.61 x 2.74 x 2.98 x 2.82 x 2 x 1.19 x 1.34 x 1.38 x
EV / FCF 8,388,475 x - 4,833,134 x - - - - -
FCF Yield 0% - 0% - - - - -
Price to Book - - 4.06 x 2.96 x - 1.63 x 1.41 x 1.23 x
Nbr of stocks (in thousands) 159,907 159,907 159,907 159,907 159,907 159,907 - -
Reference price 2 14.12 8.040 7.960 7.010 7.250 6.130 6.130 6.130
Announcement Date 2/21/20 3/4/21 3/9/22 3/16/23 3/27/24 - - -
1BRL in Million2BRL
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 681.9 803 816.8 948.9 1,121 970 1,004 1,061
EBITDA 1 395.2 374.9 352 430 580.1 585 588.1 611
EBIT 1 360.5 - 323.2 342.4 576.7 454.5 464.8 484.3
Operating Margin 52.86% - 39.57% 36.08% 51.42% 46.85% 46.32% 45.64%
Earnings before Tax (EBT) 1 361.3 308.3 314.9 282.1 349.7 389.4 433.7 481.6
Net income 1 213.9 194.7 188 134.7 141.6 161 180.9 203.2
Net margin 31.37% 24.25% 23.02% 14.19% 12.62% 16.59% 18.02% 19.15%
EPS 2 1.338 - 1.176 1.000 0.8854 1.007 1.131 1.271
Free Cash Flow 264.4 - 217 - - - - -
FCF margin 38.77% - 26.57% - - - - -
FCF Conversion (EBITDA) 66.89% - 61.66% - - - - -
FCF Conversion (Net income) 123.59% - 115.45% - - - - -
Dividend per Share 2 0.6688 0.7200 0.6423 0.4452 - 0.2000 0.3828 0.4277
Announcement Date 2/21/20 3/4/21 3/9/22 3/16/23 3/27/24 - - -
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
Net sales 1 178.1 214.3 245.5 190.8 250.6 260.2 251.7 229.2 321.9 291.1 227 243 251
EBITDA 1 65.5 93.6 110.8 134.4 91.2 108.1 125.4 159.3 - 157.8 135 145 149
EBIT 1 59.4 80.8 90.13 112.6 48.87 85.85 - - - 128 107 118 122
Operating Margin 33.35% 37.71% 36.72% 59.01% 19.51% 32.99% - - - 43.97% 47.14% 48.56% 48.61%
Earnings before Tax (EBT) 1 64.27 65.94 75.9 91.3 49 55.78 - - - 106.6 90 101 109
Net income 1 - - 35.58 - - 13.96 - 44.5 58.17 37.49 36 43 46
Net margin - - 14.49% - - 5.37% - 19.42% 18.07% 12.88% 15.86% 17.7% 18.33%
EPS 2 0.2206 0.2225 0.2065 0.3267 0.2443 0.0873 - 0.2786 0.3638 0.2345 0.2250 0.2668 0.2900
Dividend per Share 2 - - - - 0.4452 - - - - - 0.0600 0.0700 0.0700
Announcement Date 3/9/22 5/12/22 8/11/22 11/10/22 3/16/23 5/11/23 8/10/23 11/13/23 3/27/24 5/9/24 - - -
1BRL in Million2BRL
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - 92.9 - - - -
Net Cash position 1 40.3 257 224 - - 287 192 134
Leverage (Debt/EBITDA) - - - 0.2161 x - - - -
Free Cash Flow 264 - 217 - - - - -
ROE (net income / shareholders' equity) 120% - 62.9% 57.2% - 25.4% 25.5% 27.3%
ROA (Net income/ Total Assets) - - 15.6% 8.85% - 6.26% 6.91% 7.62%
Assets 1 - - 1,203 1,522 - 2,573 2,619 2,668
Book Value Per Share 2 - - 1.960 2.370 - 3.770 4.330 4.970
Cash Flow per Share - - - - - - - -
Capex 19.5 - 6.6 - - - - -
Capex / Sales 2.87% - 0.81% - - - - -
Announcement Date 2/21/20 3/4/21 3/9/22 3/16/23 3/27/24 - - -
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

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
6.13 BRL
Average target price
9.333 BRL
Spread / Average Target
+52.26%
Consensus
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