LOCALIZA RENT A CAR S.A. Financials Localiza Rent a Car S.A.
Equities
RENT3
BRRENTACNOR4
Passenger Transportation, Ground & Sea
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 42.73 BRL | -2.89% |
|
-5.88% | -32.81% |
| May. 10 | Transcript : Localiza Rent a Car S.A., Q1 2024 Earnings Call, May 10, 2024 | |
| May. 09 | Localiza Rent a Car S.A. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 35,821 | 51,794 | 39,866 | 52,057 | 67,087 | 45,353 | - | - |
| Enterprise Value (EV) 1 | 42,370 | 58,325 | 46,893 | 80,682 | 98,600 | 82,729 | 84,270 | 87,297 |
| P/E ratio | 42.9 x | 49.5 x | 19.6 x | 25.1 x | 36.1 x | 13.8 x | 10.1 x | 8.36 x |
| Yield | 0.81% | 0.5% | 0.79% | 1.96% | 2.41% | 2.28% | 3.09% | 4.75% |
| Capitalization / Revenue | 3.51 x | 5.02 x | 3.66 x | 2.93 x | 2.32 x | 1.21 x | 1 x | 0.9 x |
| EV / Revenue | 4.16 x | 5.66 x | 4.3 x | 4.54 x | 3.41 x | 2.2 x | 1.86 x | 1.73 x |
| EV / EBITDA | 19.1 x | 23.6 x | 12.7 x | 12.2 x | 9.37 x | 6.52 x | 5.69 x | 5.27 x |
| EV / FCF | -14.4 x | 155 x | -13.3 x | -8.56 x | -2.75 x | 50.6 x | 11.4 x | - |
| FCF Yield | -6.96% | 0.64% | -7.5% | -11.7% | -36.4% | 1.98% | 8.8% | - |
| Price to Book | 6.6 x | 8.57 x | 5.23 x | 2.53 x | 2.65 x | 1.63 x | 1.46 x | 1.37 x |
| Nbr of stocks (in thousands) | 755,567 | 751,177 | 752,191 | 978,523 | 1,054,821 | 1,061,391 | - | - |
| Reference price 2 | 47.41 | 68.95 | 53.00 | 53.20 | 63.60 | 42.73 | 42.73 | 42.73 |
| Announcement Date | 3/11/20 | 2/25/21 | 2/22/22 | 3/15/23 | 3/11/24 | - | - | - |
1BRL in Million2BRL
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 10,196 | 10,308 | 10,901 | 17,783 | 28,903 | 37,560 | 45,226 | 50,431 |
| EBITDA 1 | 2,213 | 2,468 | 3,698 | 6,589 | 10,523 | 12,682 | 14,823 | 16,572 |
| EBIT 1 | 1,490 | 1,802 | 3,224 | 4,530 | 5,898 | 8,149 | 9,786 | 11,462 |
| Operating Margin | 14.61% | 17.48% | 29.57% | 25.47% | 20.41% | 21.7% | 21.64% | 22.73% |
| Earnings before Tax (EBT) 1 | 1,080 | 1,427 | 2,903 | 2,419 | 1,874 | 4,264 | 5,670 | 7,373 |
| Net income 1 | 833.9 | 1,048 | 2,044 | 1,841 | 1,803 | 3,321 | 4,335 | 5,424 |
| Net margin | 8.18% | 10.17% | 18.75% | 10.35% | 6.24% | 8.84% | 9.58% | 10.76% |
| EPS 2 | 1.105 | 1.392 | 2.701 | 2.118 | 1.761 | 3.095 | 4.214 | 5.112 |
| Free Cash Flow 1 | -2,950 | 375.3 | -3,515 | -9,431 | -35,863 | 1,634 | 7,416 | - |
| FCF margin | -28.93% | 3.64% | -32.24% | -53.03% | -124.08% | 4.35% | 16.4% | - |
| FCF Conversion (EBITDA) | - | 15.2% | - | - | - | 12.88% | 50.03% | - |
| FCF Conversion (Net income) | - | 35.8% | - | - | - | 49.2% | 171.08% | - |
| Dividend per Share 2 | 0.3855 | 0.3475 | 0.4194 | 1.043 | 1.532 | 0.9731 | 1.321 | 2.032 |
| Announcement Date | 3/11/20 | 2/25/21 | 2/22/22 | 3/15/23 | 3/11/24 | - | - | - |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 2,636 | 2,712 | 3,049 | 6,137 | 5,886 | 6,826 | 6,846 | 7,322 | 7,908 | 8,686 | 9,141 | 9,389 | 9,689 | 10,980 |
| EBITDA 1 | 935.4 | 1,139 | 1,117 | 2,278 | 2,055 | 2,623 | 2,346 | 2,675 | 2,879 | 2,920 | 3,005 | 3,161 | 3,381 | - |
| EBIT 1 | 773.6 | 952 | 892.5 | 1,459 | 1,226 | 1,640 | 820.3 | 1,632 | 1,807 | 1,851 | 1,805 | 1,992 | 2,146 | 1,986 |
| Operating Margin | 29.35% | 35.11% | 29.27% | 23.78% | 20.83% | 24.02% | 11.98% | 22.29% | 22.85% | 21.31% | 19.74% | 21.22% | 22.15% | 18.09% |
| Earnings before Tax (EBT) 1 | 617.6 | 725 | 626.2 | 589.9 | 477.8 | 569.7 | -277 | 749 | 832.5 | 866.4 | 892 | 1,041 | 1,235 | - |
| Net income 1 | 442.1 | 517.4 | 457.3 | 423.6 | 443.4 | 521.6 | -88.8 | 664.7 | 705.6 | 733.5 | 636.3 | 780.5 | 886.7 | 919.5 |
| Net margin | 16.77% | 19.08% | 15% | 6.9% | 7.53% | 7.64% | -1.3% | 9.08% | 8.92% | 8.44% | 6.96% | 8.31% | 9.15% | 8.38% |
| EPS 2 | 0.5859 | 0.6836 | 0.6037 | 0.4326 | 0.3979 | 0.5330 | -0.0890 | 0.6269 | 0.6598 | 0.6875 | 0.5943 | 0.7318 | 0.8311 | 0.8700 |
| Dividend per Share 2 | 0.1292 | 0.1467 | - | 0.3549 | 0.3662 | - | - | - | 0.3829 | - | 0.3196 | 0.3196 | 0.3196 | - |
| Announcement Date | 2/22/22 | 5/2/22 | 8/11/22 | 11/15/22 | 3/15/23 | 5/15/23 | 8/14/23 | 11/13/23 | 3/11/24 | 5/9/24 | - | - | - | - |
1BRL in Million2BRL
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 6,549 | 6,531 | 7,027 | 28,624 | 31,514 | 37,376 | 38,917 | 41,944 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 2.959 x | 2.646 x | 1.9 x | 4.344 x | 2.995 x | 2.947 x | 2.625 x | 2.531 x |
| Free Cash Flow 1 | -2,950 | 375 | -3,515 | -9,431 | -35,863 | 1,634 | 7,416 | - |
| ROE (net income / shareholders' equity) | 19.5% | 18.2% | 29.9% | 13.1% | 7.85% | 12.3% | 15.5% | 17.7% |
| ROA (Net income/ Total Assets) | 5% | 5.26% | 8.93% | 4.05% | 2.46% | 4.12% | 5.07% | - |
| Assets 1 | 16,678 | 19,916 | 22,877 | 45,405 | 73,300 | 80,557 | 85,550 | - |
| Book Value Per Share 2 | 7.180 | 8.050 | 10.10 | 21.00 | 24.00 | 26.20 | 29.20 | 31.30 |
| Cash Flow per Share 2 | -3.840 | 0.6400 | -4.450 | -10.40 | -9.670 | 7.860 | 8.810 | - |
| Capex 1 | 10,275 | 5,518 | 7,647 | 22,400 | 25,950 | 25,525 | 34,695 | - |
| Capex / Sales | 100.78% | 53.53% | 70.15% | 125.96% | 89.78% | 67.96% | 76.71% | - |
| Announcement Date | 3/11/20 | 2/25/21 | 2/22/22 | 3/15/23 | 3/11/24 | - | - | - |
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
BUY
Number of Analysts
13
Last Close Price
42.73
BRL
Average target price
72.39
BRL
Spread / Average Target
+69.40%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -32.81% | 8.65B | |
| -25.49% | 3.54B | |
| -4.94% | 1.42B | |
| -58.04% | 1.33B | |
| -17.10% | 1.22B | |
| +0.36% | 738M | |
| -4.71% | 719M | |
| +24.29% | 454M | |
| -45.50% | 442M | |
| +4.82% | 331M |
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- Financials Localiza Rent a Car S.A.
