EMBRAER S.A. |
Real-time Estimate
Other stock markets
|
5-day change | 1st Jan Change | ||
| 24.5 EUR | +6.52% |
|
-8.73% | +43.75% |
| Jun. 24 | Japan Airlines Flight Returns to Airport After Embraer Plane Signals Fire | MT |
| Jun. 21 | German Private Sector Economy's Decline Weighs on Local Stocks | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,613 | 1,253 | 3,269 | 1,987 | 3,390 | 4,735 | - | - |
| Enterprise Value (EV) 1 | 4,225 | 2,949 | 4,662 | 3,444 | 4,743 | 5,494 | 5,212 | 4,902 |
| P/E ratio | - | - | -73.2 x | -10.7 x | 21.6 x | 12.9 x | 10.3 x | 8.36 x |
| Yield | - | - | - | - | - | - | 1.93% | 4.85% |
| Capitalization / Revenue | 0.66 x | 0.33 x | 0.78 x | 0.44 x | 0.65 x | 0.76 x | 0.67 x | 0.62 x |
| EV / Revenue | 0.77 x | 0.78 x | 1.11 x | 0.76 x | 0.91 x | 0.88 x | 0.73 x | 0.64 x |
| EV / EBITDA | 23.2 x | 35.9 x | 11.7 x | 7.51 x | 8.59 x | 8.15 x | 6.35 x | 5.35 x |
| EV / FCF | 6.93 x | -2.12 x | 18.9 x | 5.6 x | 12.5 x | 20.3 x | 11.9 x | 9.58 x |
| FCF Yield | 14.4% | -47.2% | 5.3% | 17.9% | 7.98% | 4.93% | 8.39% | 10.4% |
| Price to Book | - | - | 1.18 x | 0.77 x | 1.22 x | 1.52 x | 1.36 x | 1.24 x |
| Nbr of stocks (in thousands) | 735,920 | 736,173 | 734,633 | 734,633 | 734,633 | 734,633 | - | - |
| Reference price 2 | 4.909 | 1.703 | 4.450 | 2.705 | 4.615 | 6.445 | 6.445 | 6.445 |
| Announcement Date | 3/26/20 | 3/19/21 | 3/9/22 | 3/10/23 | 3/18/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 5,463 | 3,771 | 4,197 | 4,540 | 5,226 | 6,247 | 7,116 | 7,624 |
| EBITDA 1 | 181.9 | 82.1 | 396.8 | 458.9 | 552.2 | 673.8 | 821 | 915.8 |
| EBIT 1 | -5.4 | -323.4 | 201.3 | 270.3 | 341.1 | 433.8 | 572.6 | 661.4 |
| Operating Margin | -0.1% | -8.58% | 4.8% | 5.95% | 6.53% | 6.94% | 8.05% | 8.67% |
| Earnings before Tax (EBT) 1 | -186.2 | -635.2 | 27.4 | -205.8 | 111.9 | 309.9 | 449.7 | 580.5 |
| Net income 1 | -322.3 | -731.9 | -44.7 | -185.4 | 156.8 | 242 | 331.3 | 425 |
| Net margin | -5.9% | -19.41% | -1.06% | -4.08% | 3% | 3.87% | 4.66% | 5.57% |
| EPS 2 | - | - | -0.0608 | -0.2524 | 0.2135 | 0.4982 | 0.6256 | 0.7706 |
| Free Cash Flow 1 | 609.3 | -1,393 | 247.1 | 615.1 | 378.3 | 271 | 437.3 | 511.5 |
| FCF margin | 11.15% | -36.93% | 5.89% | 13.55% | 7.24% | 4.34% | 6.15% | 6.71% |
| FCF Conversion (EBITDA) | 334.96% | - | 62.27% | 134.04% | 68.51% | 40.22% | 53.27% | 55.85% |
| FCF Conversion (Net income) | - | - | - | - | 241.19% | 111.97% | 132.01% | 120.35% |
| Dividend per Share 2 | - | - | - | - | - | - | 0.1246 | 0.3128 |
| Announcement Date | 3/26/20 | 3/19/21 | 3/9/22 | 3/10/23 | 3/18/24 | - | - | - |
1USD in Million2USD
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 | 1,301 | 600.9 | 1,019 | 929 | 1,992 | 716.7 | 1,292 | 1,284 | 1,947 | 897 | 1,404 | 1,560 | 2,366 |
| EBITDA 1 | 111.4 | 13.2 | 124.6 | 92.9 | 228.2 | 10.3 | 148.9 | 149.3 | 249 | 46.17 | 164.1 | 171.7 | 293.5 |
| EBIT 1 | 60.6 | -36.3 | 66.7 | 49.9 | 166.2 | -31.6 | 99.9 | 100.1 | 178.1 | 6.678 | 103.1 | 116 | 231.6 |
| Operating Margin | 4.66% | -6.04% | 6.55% | 5.37% | 8.35% | -4.41% | 7.73% | 7.79% | 9.14% | 0.74% | 7.34% | 7.44% | 9.79% |
| Earnings before Tax (EBT) 1 | 57.7 | -81 | - | -46.1 | 99.4 | -103.2 | -0.8 | - | 163.6 | 32.51 | 73.65 | 84.46 | 180.3 |
| Net income 1 | 2.1 | -31.7 | 74.2 | -30.2 | 22.9 | -70.8 | -18.8 | 61 | 188.9 | 28.21 | 49.5 | 57.76 | 122.2 |
| Net margin | 0.16% | -5.28% | 7.28% | -3.25% | 1.15% | -9.88% | -1.45% | 4.75% | 9.7% | 3.15% | 3.53% | 3.7% | 5.17% |
| EPS | - | - | - | - | - | - | -0.0256 | 0.0830 | 0.2571 | 0.0384 | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 3/9/22 | 4/28/22 | 8/4/22 | 11/14/22 | 3/10/23 | 5/4/23 | 8/14/23 | 11/6/23 | 3/18/24 | 5/7/24 | - | - | - |
1USD in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 612 | 1,696 | 1,392 | 1,457 | 1,353 | 760 | 478 | 168 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 3.367 x | 20.65 x | 3.509 x | 3.176 x | 2.45 x | 1.127 x | 0.5817 x | 0.1833 x |
| Free Cash Flow 1 | 609 | -1,393 | 247 | 615 | 378 | 271 | 437 | 512 |
| ROE (net income / shareholders' equity) | -5.76% | -23.1% | -1.57% | 1.47% | 6.14% | 8.36% | 11.1% | 13.4% |
| ROA (Net income/ Total Assets) | - | -6.93% | -0.43% | 0.38% | 1.57% | 3.32% | 3.95% | 4.59% |
| Assets 1 | - | 10,561 | 10,335 | -48,867 | 9,987 | 7,290 | 8,387 | 9,267 |
| Book Value Per Share 2 | - | - | 3.780 | 3.490 | 3.790 | 4.250 | 4.750 | 5.210 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 285 | 102 | 102 | 136 | 239 | 228 | 245 | 314 |
| Capex / Sales | 5.21% | 2.71% | 2.42% | 3% | 4.57% | 3.64% | 3.45% | 4.12% |
| Announcement Date | 3/26/20 | 3/19/21 | 3/9/22 | 3/10/23 | 3/18/24 | - | - | - |
1USD in Million2USD
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
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
5
Last Close Price
6.445
USD
Average target price
7.875
USD
Spread / Average Target
+22.19%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -3.00% | 112B | |
| +2.75% | 112B | |
| +6.67% | 16.36B | |
| -4.69% | 14.25B | |
| +5.58% | 4.09B | |
| +6.57% | 3.57B | |
| -25.41% | 3.51B | |
| -55.60% | 875M | |
| -18.04% | 871M |
- Stock Market
- Equities
- EMBR3 Stock
- EMY Stock
- Financials Embraer S.A.
