Market Closed -
Sao Paulo
04:05:00 2024-07-05 pm EDT
|
5-day change
|
1st Jan Change
|
65.61
BRL
|
-4.60%
|
|
-5.84%
|
+1.97%
|
Fiscal Period: October |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
54,823
|
71,456
|
106,137
|
119,777
|
104,011
|
99,214
|
-
|
-
|
Enterprise Value (EV)
1 |
95,719
|
109,747
|
145,804
|
166,168
|
159,018
|
154,802
|
154,801
|
152,675
|
P/E ratio
|
17.2
x
|
26.2
x
|
18
x
|
17
x
|
10.4
x
|
14.2
x
|
14.3
x
|
12.6
x
|
Yield
|
1.75%
|
1.33%
|
0.97%
|
1.08%
|
1.34%
|
1.6%
|
1.64%
|
2.13%
|
Capitalization / Revenue
|
1.57
x
|
2.28
x
|
2.67
x
|
2.5
x
|
1.87
x
|
2.18
x
|
2.2
x
|
2.12
x
|
EV / Revenue
|
2.74
x
|
3.51
x
|
3.67
x
|
3.47
x
|
2.86
x
|
3.4
x
|
3.43
x
|
3.27
x
|
EV / EBITDA
|
17.6
x
|
20.6
x
|
16.1
x
|
15.8
x
|
11.3
x
|
14.9
x
|
14.9
x
|
13.4
x
|
EV / FCF
|
46
x
|
16.5
x
|
21.2
x
|
32.5
x
|
22.4
x
|
29.3
x
|
24.7
x
|
22.3
x
|
FCF Yield
|
2.18%
|
6.07%
|
4.72%
|
3.07%
|
4.46%
|
3.41%
|
4.05%
|
4.49%
|
Price to Book
|
4.78
x
|
5.53
x
|
5.79
x
|
5.96
x
|
4.84
x
|
4.58
x
|
4.45
x
|
3.63
x
|
Nbr of stocks (in thousands)
|
314,873
|
313,375
|
310,061
|
301,820
|
288,001
|
275,570
|
-
|
-
|
Reference price
2 |
174.1
|
228.0
|
342.3
|
396.8
|
361.2
|
360.0
|
360.0
|
360.0
|
Announcement Date
|
11/27/19
|
11/25/20
|
11/24/21
|
11/23/22
|
11/22/23
|
-
|
-
|
-
|
Fiscal Period: October |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
34,886
|
31,272
|
39,737
|
47,917
|
55,565
|
45,541
|
45,164
|
46,748
|
EBITDA
1 |
5,430
|
5,321
|
9,055
|
10,549
|
14,081
|
10,409
|
10,391
|
11,405
|
EBIT
1 |
4,415
|
4,305
|
8,012
|
9,508
|
12,958
|
9,006
|
8,922
|
9,664
|
Operating Margin
|
12.66%
|
13.77%
|
20.16%
|
19.84%
|
23.32%
|
19.78%
|
19.75%
|
20.67%
|
Earnings before Tax (EBT)
1 |
4,088
|
3,883
|
7,602
|
9,127
|
13,019
|
9,078
|
8,977
|
9,573
|
Net income
1 |
3,253
|
2,751
|
5,963
|
7,131
|
10,166
|
7,007
|
6,656
|
7,251
|
Net margin
|
9.32%
|
8.8%
|
15.01%
|
14.88%
|
18.3%
|
15.39%
|
14.74%
|
15.51%
|
EPS
2 |
10.15
|
8.690
|
18.99
|
23.28
|
34.63
|
25.37
|
25.12
|
28.60
|
Free Cash Flow
1 |
2,082
|
6,667
|
6,878
|
5,108
|
7,091
|
5,276
|
6,271
|
6,860
|
FCF margin
|
5.97%
|
21.32%
|
17.31%
|
10.66%
|
12.76%
|
11.59%
|
13.89%
|
14.67%
|
FCF Conversion (EBITDA)
|
38.34%
|
125.3%
|
75.96%
|
48.42%
|
50.36%
|
50.69%
|
60.36%
|
60.15%
|
FCF Conversion (Net income)
|
64%
|
242.35%
|
115.34%
|
71.63%
|
69.75%
|
75.31%
|
94.22%
|
94.61%
|
Dividend per Share
2 |
3.040
|
3.040
|
3.320
|
4.280
|
4.830
|
5.764
|
5.889
|
7.672
|
Announcement Date
|
11/27/19
|
11/25/20
|
11/24/21
|
11/23/22
|
11/22/23
|
-
|
-
|
-
|
Fiscal Period: October |
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
|
2025 Q3
|
---|
Net sales
1 |
8,531
|
12,034
|
13,000
|
14,351
|
11,402
|
16,079
|
14,284
|
13,801
|
10,486
|
13,610
|
11,098
|
10,286
|
9,688
|
12,910
|
11,649
|
EBITDA
1 |
1,492
|
2,931
|
3,156
|
3,192
|
2,797
|
4,184
|
3,773
|
3,276
|
2,496
|
3,404
|
2,393
|
1,961
|
2,388
|
3,326
|
2,978
|
EBIT
1 |
1,235
|
2,670
|
2,646
|
2,957
|
2,518
|
3,898
|
3,516
|
3,025
|
2,194
|
3,098
|
2,090
|
1,672
|
1,852
|
2,769
|
2,407
|
Operating Margin
|
14.48%
|
22.19%
|
20.35%
|
20.6%
|
22.08%
|
24.24%
|
24.61%
|
21.92%
|
20.92%
|
22.76%
|
18.83%
|
16.26%
|
19.11%
|
21.45%
|
20.66%
|
Earnings before Tax (EBT)
1 |
1,151
|
2,552
|
2,539
|
2,886
|
2,493
|
3,848
|
3,606
|
3,073
|
2,215
|
3,117
|
2,200
|
1,819
|
1,555
|
2,578
|
2,160
|
Net income
1 |
903
|
2,098
|
1,884
|
2,246
|
1,959
|
2,860
|
2,978
|
2,369
|
1,751
|
2,370
|
1,666
|
1,294
|
1,260
|
2,000
|
1,716
|
Net margin
|
10.58%
|
17.43%
|
14.49%
|
15.65%
|
17.18%
|
17.79%
|
20.85%
|
17.17%
|
16.7%
|
17.41%
|
15.01%
|
12.58%
|
13.01%
|
15.49%
|
14.73%
|
EPS
2 |
2.920
|
6.810
|
6.160
|
7.440
|
6.550
|
9.650
|
10.20
|
8.260
|
6.230
|
8.530
|
5.876
|
4.849
|
5.115
|
7.736
|
6.668
|
Dividend per Share
2 |
1.050
|
1.050
|
1.050
|
1.130
|
1.130
|
1.200
|
1.250
|
1.250
|
1.470
|
1.470
|
1.460
|
1.466
|
0.9161
|
0.9517
|
0.9517
|
Announcement Date
|
2/18/22
|
5/20/22
|
8/19/22
|
11/23/22
|
2/17/23
|
5/19/23
|
8/18/23
|
11/22/23
|
2/15/24
|
5/16/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: October |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
40,896
|
38,291
|
39,667
|
46,391
|
55,007
|
55,589
|
55,587
|
53,461
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
7.531
x
|
7.196
x
|
4.381
x
|
4.398
x
|
3.906
x
|
5.341
x
|
5.35
x
|
4.688
x
|
Free Cash Flow
1 |
2,082
|
6,667
|
6,878
|
5,108
|
7,091
|
5,276
|
6,271
|
6,860
|
ROE (net income / shareholders' equity)
|
28.7%
|
22.6%
|
38%
|
36.9%
|
48.4%
|
31.3%
|
28.5%
|
30.6%
|
ROA (Net income/ Total Assets)
|
4.45%
|
3.72%
|
7.49%
|
8.19%
|
10.5%
|
11.7%
|
10.4%
|
15.3%
|
Assets
1 |
73,088
|
74,051
|
79,603
|
87,072
|
97,058
|
60,043
|
63,787
|
47,394
|
Book Value Per Share
2 |
36.50
|
41.30
|
59.10
|
66.50
|
74.60
|
78.60
|
80.90
|
99.10
|
Cash Flow per Share
2 |
15.70
|
16.60
|
24.50
|
15.30
|
29.30
|
34.50
|
36.30
|
34.70
|
Capex
1 |
1,118
|
816
|
848
|
1,134
|
1,498
|
1,875
|
1,474
|
1,347
|
Capex / Sales
|
3.2%
|
2.61%
|
2.13%
|
2.37%
|
2.7%
|
4.12%
|
3.26%
|
2.88%
|
Announcement Date
|
11/27/19
|
11/25/20
|
11/24/21
|
11/23/22
|
11/22/23
|
-
|
-
|
-
|
Average target price
422.3
USD Spread / Average Target +17.28% Consensus |
1st Jan change
|
Capi.
|
---|
| -8.15% | 9.16B | | +2.35% | 4.12B | | +26.26% | 2.75B | | +44.35% | 1.93B | | -11.93% | 1.24B | | +2.97% | 728M | | +57.69% | 603M | | +14.39% | 599M | | +54.56% | 456M |
Agricultural Machinery
|