Real-time Estimate
Tradegate
05:01:09 2024-07-11 am EDT
|
5-day change
|
1st Jan Change
|
14.35
EUR
|
+1.06%
|
|
+9.23%
|
+4.41%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
41,393
|
30,375
|
27,463
|
39,069
|
51,516
|
58,167
|
-
|
-
|
Enterprise Value (EV)
1 |
52,385
|
43,826
|
42,036
|
54,483
|
67,787
|
76,235
|
81,212
|
85,443
|
P/E ratio
|
12.3
x
|
31.3
x
|
11.9
x
|
12.5
x
|
14.6
x
|
14
x
|
12.2
x
|
9.35
x
|
Yield
|
2.27%
|
0.9%
|
2.35%
|
2.23%
|
1.91%
|
1.73%
|
1.96%
|
2.47%
|
Capitalization / Revenue
|
2.3
x
|
1.71
x
|
1.41
x
|
1.77
x
|
2.01
x
|
2.18
x
|
1.83
x
|
1.65
x
|
EV / Revenue
|
2.91
x
|
2.46
x
|
2.16
x
|
2.47
x
|
2.65
x
|
2.86
x
|
2.55
x
|
2.42
x
|
EV / EBITDA
|
6.97
x
|
6.82
x
|
6.6
x
|
7.69
x
|
7.44
x
|
7.14
x
|
6.75
x
|
5.98
x
|
EV / FCF
|
56.7
x
|
26.8
x
|
252
x
|
159
x
|
94.7
x
|
71.6
x
|
-32.5
x
|
-98.7
x
|
FCF Yield
|
1.76%
|
3.73%
|
0.4%
|
0.63%
|
1.06%
|
1.4%
|
-3.08%
|
-1.01%
|
Price to Book
|
1.91
x
|
1.33
x
|
1.1
x
|
1.43
x
|
1.73
x
|
1.76
x
|
1.57
x
|
1.38
x
|
Nbr of stocks (in thousands)
|
683,510
|
683,510
|
683,510
|
683,510
|
683,510
|
683,510
|
-
|
-
|
Reference price
2 |
60.56
|
44.44
|
40.18
|
57.16
|
75.37
|
85.10
|
85.10
|
85.10
|
Announcement Date
|
3/27/20
|
3/25/21
|
3/24/22
|
3/23/23
|
3/22/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
17,984
|
17,798
|
19,491
|
22,056
|
25,572
|
26,670
|
31,836
|
35,336
|
EBITDA
1 |
7,510
|
6,422
|
6,373
|
7,088
|
9,108
|
10,684
|
12,038
|
14,295
|
EBIT
1 |
5,730
|
4,492
|
4,098
|
4,645
|
6,346
|
7,692
|
8,905
|
11,154
|
Operating Margin
|
31.86%
|
25.24%
|
21.02%
|
21.06%
|
24.82%
|
28.84%
|
27.97%
|
31.57%
|
Earnings before Tax (EBT)
1 |
4,678
|
1,326
|
3,170
|
4,273
|
4,754
|
6,264
|
6,297
|
8,775
|
Net income
1 |
3,368
|
973.3
|
2,306
|
3,121
|
3,524
|
4,229
|
4,948
|
6,237
|
Net margin
|
18.73%
|
5.47%
|
11.83%
|
14.15%
|
13.78%
|
15.86%
|
15.54%
|
17.65%
|
EPS
2 |
4.930
|
1.420
|
3.370
|
4.570
|
5.160
|
6.100
|
6.998
|
9.105
|
Free Cash Flow
1 |
923.8
|
1,636
|
166.8
|
343.4
|
715.8
|
1,064
|
-2,498
|
-866
|
FCF margin
|
5.14%
|
9.19%
|
0.86%
|
1.56%
|
2.8%
|
3.99%
|
-7.85%
|
-2.45%
|
FCF Conversion (EBITDA)
|
12.3%
|
25.48%
|
2.62%
|
4.84%
|
7.86%
|
9.96%
|
-
|
-
|
FCF Conversion (Net income)
|
27.43%
|
168.1%
|
7.23%
|
11%
|
20.31%
|
25.16%
|
-
|
-
|
Dividend per Share
2 |
1.377
|
0.3979
|
0.9427
|
1.276
|
1.440
|
1.473
|
1.666
|
2.104
|
Announcement Date
|
3/27/20
|
3/25/21
|
3/24/22
|
3/23/23
|
3/22/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
-
|
5,064
|
4,870
|
5,265
|
5,988
|
5,932
|
-
|
5,698
|
6,155
|
6,453
|
7,266
|
6,560
|
5,164
|
5,287
|
5,430
|
6,081
|
-
|
EBITDA
1 |
4,734
|
1,494
|
1,721
|
1,510
|
2,136
|
1,720
|
-
|
2,035
|
1,691
|
2,414
|
2,438
|
2,429
|
2,337
|
2,842
|
3,081
|
3,178
|
2,574
|
EBIT
1 |
-
|
878.8
|
1,134
|
914.1
|
1,522
|
1,077
|
2,597
|
1,392
|
1,071
|
1,702
|
2,174
|
1,662
|
1,543
|
2,123
|
2,397
|
2,704
|
-
|
Operating Margin
|
-
|
17.35%
|
23.29%
|
17.36%
|
25.43%
|
18.16%
|
-
|
24.44%
|
17.4%
|
26.37%
|
29.92%
|
25.34%
|
29.89%
|
40.16%
|
44.15%
|
44.47%
|
-
|
Earnings before Tax (EBT)
1 |
-
|
565.1
|
-
|
-
|
1,638
|
570.6
|
-
|
1,133
|
1,057
|
-
|
1,287
|
1,324
|
1,311
|
1,785
|
1,724
|
2,242
|
-
|
Net income
1 |
-
|
567.5
|
975.5
|
422.5
|
1,081
|
642.2
|
-
|
747.2
|
743.7
|
846.3
|
1,186
|
823.3
|
1,005
|
1,134
|
1,201
|
1,480
|
-
|
Net margin
|
-
|
11.21%
|
20.03%
|
8.02%
|
18.05%
|
10.83%
|
-
|
13.11%
|
12.08%
|
13.11%
|
16.33%
|
12.55%
|
19.47%
|
21.45%
|
22.12%
|
24.34%
|
-
|
EPS
2 |
-
|
0.8300
|
1.430
|
0.6200
|
1.582
|
0.9430
|
-
|
1.090
|
1.090
|
1.238
|
1.740
|
1.205
|
1.471
|
1.659
|
1.757
|
2.165
|
-
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
1.535
|
-
|
-
|
Announcement Date
|
3/27/20
|
3/24/22
|
5/6/22
|
8/12/22
|
11/10/22
|
3/23/23
|
3/23/23
|
5/15/23
|
8/10/23
|
11/9/23
|
3/22/24
|
5/9/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
10,991
|
13,451
|
14,573
|
15,413
|
16,271
|
18,068
|
23,045
|
27,276
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.463
x
|
2.095
x
|
2.287
x
|
2.175
x
|
1.786
x
|
1.691
x
|
1.914
x
|
1.908
x
|
Free Cash Flow
1 |
924
|
1,636
|
167
|
343
|
716
|
1,064
|
-2,498
|
-866
|
ROE (net income / shareholders' equity)
|
16.4%
|
4.38%
|
9.66%
|
11.9%
|
6.16%
|
13.1%
|
14.4%
|
15.6%
|
ROA (Net income/ Total Assets)
|
7.48%
|
2.01%
|
4.45%
|
5.66%
|
2.97%
|
8.45%
|
9.2%
|
8.85%
|
Assets
1 |
45,011
|
48,437
|
51,792
|
55,187
|
118,679
|
50,060
|
53,788
|
70,486
|
Book Value Per Share
2 |
31.70
|
33.30
|
36.50
|
40.00
|
43.50
|
48.30
|
54.30
|
61.70
|
Cash Flow per Share
2 |
6.140
|
7.280
|
5.730
|
5.800
|
7.070
|
14.90
|
17.60
|
19.10
|
Capex
1 |
3,273
|
3,342
|
3,747
|
3,624
|
4,139
|
6,620
|
11,520
|
12,614
|
Capex / Sales
|
18.2%
|
18.78%
|
19.22%
|
16.43%
|
16.18%
|
24.82%
|
36.18%
|
35.7%
|
Announcement Date
|
3/27/20
|
3/25/21
|
3/24/22
|
3/23/23
|
3/22/24
|
-
|
-
|
-
|
Last Close Price
85.1
BRL Average target price
101.8
BRL Spread / Average Target +19.65% Consensus |
1st Jan change
|
Capi.
|
---|
| +1.23% | 10.34B | | +5.70% | 10.08B | | +4.34% | 9.34B | | +36.56% | 3.17B | | +3.35% | 2.8B | | -4.65% | 2.86B | | -8.38% | 2.74B | | -9.51% | 2.27B | | +25.05% | 1.93B |
Other Water Utilities
|