BRASKEM S.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 18.31 BRL | -18.73% |
|
+2.52% | -16.24% |
| Jun. 04 | Braskem S.A. Announces Change in the Composition of the Statutory Compliance and Audit Committee | CI |
| May. 24 | JPMorgan Trims Price Target on Braskem to $10 From $11, Maintains Neutral Rating | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 24,521 | 19,504 | 45,482 | 19,609 | 17,347 | 14,661 | - | - |
| Enterprise Value (EV) 1 | 60,375 | 59,264 | 84,361 | 19,609 | 73,323 | 55,089 | 52,342 | 48,600 |
| P/E ratio | -8.49 x | -2.8 x | 3.28 x | -56.4 x | -3.8 x | -5.52 x | 13.5 x | 5.06 x |
| Yield | 2.82% | - | 14.1% | - | - | 0% | - | 4.86% |
| Capitalization / Revenue | 0.47 x | 0.33 x | 0.43 x | 0.2 x | 0.25 x | 0.19 x | 0.18 x | 0.17 x |
| EV / Revenue | 1.15 x | 1.01 x | 0.8 x | 0.2 x | 1.04 x | 0.72 x | 0.63 x | 0.57 x |
| EV / EBITDA | 16.9 x | 5.4 x | 2.44 x | 1.85 x | 19.6 x | 8.26 x | 5.18 x | 4.05 x |
| EV / FCF | -145 x | 16.8 x | 7.42 x | - | -10.8 x | 14.4 x | 8.99 x | 6.28 x |
| FCF Yield | -0.69% | 5.96% | 13.5% | - | -9.28% | 6.92% | 11.1% | 15.9% |
| Price to Book | 4.86 x | -8.52 x | 5.83 x | - | 4.36 x | 6.89 x | 3.15 x | 2.07 x |
| Nbr of stocks (in thousands) | 795,742 | 795,744 | 796,066 | 796,303 | 796,968 | 796,968 | - | - |
| Reference price 2 | 29.85 | 23.57 | 57.63 | 23.76 | 21.86 | 18.25 | 18.25 | 18.25 |
| Announcement Date | 4/4/20 | 3/11/21 | 3/16/22 | 3/22/23 | 3/19/24 | - | - | - |
1BRL in Million2BRL
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 52,324 | 58,543 | 105,625 | 96,519 | 70,569 | 76,304 | 83,009 | 85,277 |
| EBITDA 1 | 3,576 | 10,975 | 34,507 | 10,571 | 3,737 | 6,673 | 10,102 | 11,989 |
| EBIT 1 | -57 | -72 | 26,044 | 5,838 | -1,469 | 1,676 | 5,252 | 7,642 |
| Operating Margin | -0.11% | -0.12% | 24.66% | 6.05% | -2.08% | 2.2% | 6.33% | 8.96% |
| Earnings before Tax (EBT) 1 | -4,803 | -9,684 | 17,961 | 47 | -6,192 | -4,311 | 645.5 | 2,758 |
| Net income 1 | -2,798 | -6,692 | 14,000 | -336 | -4,579 | -2,798 | 693.7 | 2,817 |
| Net margin | -5.35% | -11.43% | 13.25% | -0.35% | -6.49% | -3.67% | 0.84% | 3.3% |
| EPS 2 | -3.515 | -8.407 | 17.57 | -0.4215 | -5.746 | -3.307 | 1.349 | 3.607 |
| Free Cash Flow 1 | -417.2 | 3,533 | 11,365 | - | -6,802 | 3,813 | 5,821 | 7,737 |
| FCF margin | -0.8% | 6.03% | 10.76% | - | -9.64% | 5% | 7.01% | 9.07% |
| FCF Conversion (EBITDA) | - | 32.19% | 32.94% | - | - | 57.14% | 57.62% | 64.53% |
| FCF Conversion (Net income) | - | - | 81.18% | - | - | - | 839.12% | 274.69% |
| Dividend per Share 2 | 0.8404 | - | 8.145 | - | - | 0.000010 | - | 0.8865 |
| Announcement Date | 4/4/20 | 3/11/21 | 3/16/22 | 3/22/23 | 3/19/24 | - | - | - |
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 | 2025 Q2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 28,212 | 26,731 | 25,411 | 25,387 | 18,990 | 19,446 | 17,756 | 16,676 | 16,691 | 17,920 | 18,406 | 18,460 | 18,271 | - | - |
| EBITDA 1 | 7,682 | 4,845 | 3,927 | 1,967 | -168 | 1,063 | 703 | 921 | 1,049 | 1,140 | 1,663 | 1,619 | 1,866 | 2,454 | 2,712 |
| EBIT 1 | 3,722 | 3,844 | 1,654 | 691 | -1,599 | -167 | -601 | -364 | -337 | -41 | 675.3 | 368.7 | 515.1 | - | - |
| Operating Margin | 13.19% | 14.38% | 6.51% | 2.72% | -8.42% | -0.86% | -3.38% | -2.18% | -2.02% | -0.23% | 3.67% | 2% | 2.82% | - | - |
| Earnings before Tax (EBT) 1 | 1,248 | 5,018 | -1,738 | -1,005 | -2,227 | 144.2 | -1,480 | -3,030 | -1,827 | -2,071 | -1,169 | -848.1 | -417.5 | - | - |
| Net income 1 | 500 | 3,884 | -1,406 | -1,103 | -1,710 | 184 | -771 | -2,418 | -1,575 | -1,345 | -868.5 | -581.7 | -476.4 | - | - |
| Net margin | 1.77% | 14.53% | -5.53% | -4.34% | -9% | 0.95% | -4.34% | -14.5% | -9.44% | -7.51% | -4.72% | -3.15% | -2.61% | - | - |
| EPS 2 | 0.6659 | 4.879 | -1.764 | -1.384 | -2.153 | 0.2309 | -0.9674 | -3.034 | -1.975 | -1.688 | -0.9911 | -0.6814 | -0.5235 | 0.6300 | 0.7500 |
| Dividend per Share 2 | 8.145 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 3/16/22 | 5/11/22 | 8/10/22 | 11/9/22 | 3/22/23 | 5/8/23 | 8/9/23 | 11/9/23 | 3/19/24 | 5/9/24 | - | - | - | - | - |
1BRL in Million2BRL
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 35,855 | 39,760 | 38,879 | - | 55,976 | 40,428 | 37,681 | 33,939 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 10.03 x | 3.623 x | 1.127 x | - | 14.98 x | 6.058 x | 3.73 x | 2.831 x |
| Free Cash Flow 1 | -417 | 3,533 | 11,365 | - | -6,802 | 3,813 | 5,821 | 7,737 |
| ROE (net income / shareholders' equity) | -47.9% | -499% | 494% | - | -62.4% | -114% | 18.7% | 58.1% |
| ROA (Net income/ Total Assets) | -4.39% | -8.68% | 15.7% | - | -3.93% | -2.13% | 0.75% | 2.83% |
| Assets 1 | 63,672 | 77,110 | 89,420 | - | 116,523 | 131,187 | 92,554 | 99,456 |
| Book Value Per Share 2 | 6.140 | -2.770 | 9.880 | - | 5.010 | 2.650 | 5.790 | 8.830 |
| Cash Flow per Share 2 | 2.850 | 7.910 | 18.50 | - | -2.850 | 1.420 | 7.950 | 6.830 |
| Capex 1 | 2,683 | 2,760 | 3,421 | - | 4,530 | 2,495 | 2,975 | 3,400 |
| Capex / Sales | 5.13% | 4.71% | 3.24% | - | 6.42% | 3.27% | 3.58% | 3.99% |
| Announcement Date | 4/4/20 | 3/11/21 | 3/16/22 | 3/22/23 | 3/19/24 | - | - | - |
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
12
Last Close Price
18.25
BRL
Average target price
26.71
BRL
Spread / Average Target
+46.35%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -16.51% | 2.67B | |
| +2.70% | 103B | |
| -11.38% | 59.18B | |
| +75.24% | 48.74B | |
| +5.45% | 34.98B | |
| +0.09% | 30.99B | |
| +2.97% | 18.53B | |
| +17.26% | 17.42B | |
| +4.48% | 13.32B | |
| +80.76% | 13.19B |
- Stock Market
- Equities
- BRKM5 Stock
- Financials Braskem S.A.
