Delayed
Sao Paulo
11:39:40 2024-05-23 am EDT
|
5-day change
|
1st Jan Change
|
22.62
BRL
|
-1.27%
|
|
-5.87%
|
-20.44%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
19,736
|
14,037
|
11,091
|
12,829
|
16,547
|
13,317
|
-
|
-
|
Enterprise Value (EV)
1 |
21,972
|
15,935
|
13,336
|
12,829
|
18,632
|
15,398
|
14,966
|
14,359
|
P/E ratio
|
42.1
x
|
14.7
x
|
24.8
x
|
16.9
x
|
16.4
x
|
12.3
x
|
11.4
x
|
11.1
x
|
Yield
|
1.42%
|
-
|
2.67%
|
-
|
-
|
4.49%
|
4.71%
|
5.05%
|
Capitalization / Revenue
|
14.9
x
|
7.36
x
|
8.61
x
|
7.14
x
|
8.15
x
|
5.94
x
|
5.75
x
|
5.58
x
|
EV / Revenue
|
16.5
x
|
8.36
x
|
10.4
x
|
7.14
x
|
9.18
x
|
6.87
x
|
6.47
x
|
6.02
x
|
EV / EBITDA
|
22
x
|
11.5
x
|
16.4
x
|
18.1
x
|
12.4
x
|
9.42
x
|
8.5
x
|
7.81
x
|
EV / FCF
|
102
x
|
-381
x
|
85.8
x
|
-
|
20
x
|
28.5
x
|
17.6
x
|
13.3
x
|
FCF Yield
|
0.98%
|
-0.26%
|
1.17%
|
-
|
5.01%
|
3.51%
|
5.67%
|
7.54%
|
Price to Book
|
3.32
x
|
2.11
x
|
1.64
x
|
-
|
2.46
x
|
1.83
x
|
1.72
x
|
1.64
x
|
Nbr of stocks (in thousands)
|
596,254
|
596,543
|
592,477
|
585,816
|
582,219
|
581,283
|
-
|
-
|
Reference price
2 |
33.10
|
23.53
|
18.72
|
21.90
|
28.42
|
22.91
|
22.91
|
22.91
|
Announcement Date
|
2/17/20
|
2/11/21
|
2/10/22
|
2/9/23
|
2/8/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,329
|
1,907
|
1,288
|
1,798
|
2,030
|
2,242
|
2,315
|
2,386
|
EBITDA
1 |
997.7
|
1,384
|
812.6
|
708.3
|
1,506
|
1,635
|
1,760
|
1,839
|
EBIT
1 |
774.9
|
1,158
|
611.5
|
1,069
|
1,358
|
1,495
|
1,588
|
1,653
|
Operating Margin
|
58.31%
|
60.75%
|
47.46%
|
59.44%
|
66.93%
|
66.71%
|
68.6%
|
69.27%
|
Earnings before Tax (EBT)
1 |
561
|
1,073
|
497.4
|
826.7
|
1,131
|
1,270
|
1,390
|
1,491
|
Net income
1 |
471
|
964.2
|
453.1
|
769.3
|
1,020
|
1,127
|
1,192
|
1,271
|
Net margin
|
35.45%
|
50.57%
|
35.17%
|
42.79%
|
50.28%
|
50.28%
|
51.49%
|
53.25%
|
EPS
2 |
0.7855
|
1.601
|
0.7563
|
1.300
|
1.733
|
1.856
|
2.008
|
2.072
|
Free Cash Flow
1 |
215.1
|
-41.77
|
155.4
|
-
|
933.5
|
540
|
848
|
1,083
|
FCF margin
|
16.19%
|
-2.19%
|
12.06%
|
-
|
46%
|
24.09%
|
36.63%
|
45.39%
|
FCF Conversion (EBITDA)
|
21.56%
|
-
|
19.13%
|
-
|
61.97%
|
33.02%
|
48.18%
|
58.88%
|
FCF Conversion (Net income)
|
45.68%
|
-
|
34.3%
|
-
|
91.49%
|
47.91%
|
71.15%
|
85.23%
|
Dividend per Share
2 |
0.4696
|
-
|
0.4989
|
-
|
-
|
1.029
|
1.079
|
1.157
|
Announcement Date
|
2/17/20
|
2/11/21
|
2/10/22
|
2/9/23
|
2/8/24
|
-
|
-
|
-
|
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 |
438.9
|
413.6
|
430.5
|
449
|
504.5
|
464.8
|
487.6
|
506.6
|
570.6
|
523.6
|
505.3
|
503.9
|
628.6
|
534.5
|
567.1
|
EBITDA
1 |
283.7
|
294
|
286.5
|
321.4
|
373.4
|
356.9
|
367.5
|
390.8
|
391.4
|
390.8
|
377.9
|
372.9
|
473.4
|
-
|
-
|
EBIT
1 |
226.1
|
242.3
|
234.4
|
269.6
|
322.1
|
310.8
|
333.3
|
355.1
|
359.2
|
356.3
|
345.9
|
349.4
|
454.2
|
373.1
|
400.8
|
Operating Margin
|
51.5%
|
58.58%
|
54.46%
|
60.05%
|
63.86%
|
66.87%
|
68.36%
|
70.09%
|
62.95%
|
68.04%
|
68.45%
|
69.33%
|
72.26%
|
69.8%
|
70.69%
|
Earnings before Tax (EBT)
1 |
-
|
188.8
|
172.9
|
206.9
|
258.1
|
243
|
275.2
|
302.7
|
310.1
|
320.1
|
304.9
|
316.2
|
433.6
|
324.2
|
355.5
|
Net income
1 |
-
|
171.6
|
172.6
|
186.1
|
239
|
207.2
|
247.2
|
263.4
|
302.6
|
267
|
253.1
|
261.5
|
345
|
283.8
|
295.6
|
Net margin
|
-
|
41.48%
|
40.08%
|
41.45%
|
47.38%
|
44.58%
|
50.7%
|
51.99%
|
53.03%
|
51%
|
50.09%
|
51.9%
|
54.89%
|
53.1%
|
52.13%
|
EPS
2 |
0.3556
|
0.2882
|
0.2908
|
0.3148
|
0.4058
|
0.3493
|
0.4180
|
0.4487
|
0.5170
|
0.4541
|
0.4394
|
0.4478
|
0.5879
|
0.4875
|
0.5078
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.2272
|
0.2304
|
0.2381
|
0.3259
|
0.2681
|
Announcement Date
|
2/10/22
|
4/28/22
|
7/28/22
|
11/3/22
|
2/9/23
|
4/27/23
|
7/27/23
|
10/26/23
|
2/8/24
|
4/25/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
2,236
|
1,898
|
2,245
|
-
|
2,086
|
2,081
|
1,648
|
1,042
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.241
x
|
1.372
x
|
2.763
x
|
-
|
1.384
x
|
1.272
x
|
0.9366
x
|
0.5665
x
|
Free Cash Flow
1 |
215
|
-41.8
|
155
|
-
|
934
|
540
|
848
|
1,083
|
ROE (net income / shareholders' equity)
|
8.62%
|
16.3%
|
7.2%
|
-
|
15.1%
|
15.3%
|
15.2%
|
15.1%
|
ROA (Net income/ Total Assets)
|
5.11%
|
-
|
4.27%
|
-
|
9.1%
|
8.98%
|
9.4%
|
9.98%
|
Assets
1 |
9,226
|
-
|
10,613
|
-
|
11,207
|
12,556
|
12,681
|
12,731
|
Book Value Per Share
2 |
9.960
|
11.20
|
11.40
|
-
|
11.50
|
12.50
|
13.40
|
14.00
|
Cash Flow per Share
|
1.600
|
0.8500
|
1.170
|
-
|
-
|
-
|
-
|
-
|
Capex
1 |
746
|
551
|
546
|
-
|
481
|
500
|
357
|
444
|
Capex / Sales
|
56.16%
|
28.88%
|
42.4%
|
-
|
23.72%
|
22.31%
|
15.44%
|
18.61%
|
Announcement Date
|
2/17/20
|
2/11/21
|
2/10/22
|
2/9/23
|
2/8/24
|
-
|
-
|
-
|
Last Close Price
22.91
BRL Average target price
32.32
BRL Spread / Average Target +41.06% Consensus |
1st Jan change
|
Capi.
|
---|
| -20.44% | 2.59B | | +5.69% | 10.99B | | +42.76% | 6.91B | | +21.56% | 3.27B | | +4.72% | 2.79B | | -5.45% | 2.7B | | +4.77% | 2.68B | | -11.33% | 2.5B | | -21.13% | 2.27B | | +21.18% | 2.15B |
Retail Real Estate Development
|