Financials Sendas Distribuidora S.A.

Equities

ASAI3

BRASAIACNOR0

Food Retail & Distribution

Market Closed - Sao Paulo 04:07:53 2024-05-24 pm EDT 5-day change 1st Jan Change
13 BRL -4.13% Intraday chart for Sendas Distribuidora S.A. -4.62% -3.92%

Valuation

Fiscal Period: December 2021 2022 2023 2024 2025 2026
Capitalization 1 17,451 26,268 18,290 17,574 - -
Enterprise Value (EV) 1 22,902 26,268 37,199 33,763 33,637 32,147
P/E ratio 10.9 x 21.6 x 25.8 x 20.5 x 11.8 x 9.77 x
Yield 0.97% - - 0.62% 1.84% 3.02%
Capitalization / Revenue 0.42 x 0.48 x 0.28 x 0.23 x 0.21 x 0.19 x
EV / Revenue 0.55 x 0.48 x 0.56 x 0.44 x 0.4 x 0.34 x
EV / EBITDA 6.9 x 6.71 x 7.89 x 6.04 x 5.31 x 4.58 x
EV / FCF 21,999,645 x - 13,890,703 x - - -
FCF Yield 0% - 0% - - -
Price to Book 6.35 x - 3.96 x 3.24 x 2.62 x 2.17 x
Nbr of stocks (in thousands) 1,346,499 1,349,165 1,351,833 1,351,833 - -
Reference price 2 12.96 19.47 13.53 13.00 13.00 13.00
Announcement Date 2/21/22 2/16/23 2/21/24 - - -
1BRL in Million2BRL
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 36,043 41,898 54,520 66,503 76,036 84,745 93,499
EBITDA 1 - 3,319 3,912 4,712 5,586 6,329 7,019
EBIT 1 - 2,579 2,850 3,285 3,938 4,658 5,281
Operating Margin - 6.16% 5.23% 4.94% 5.18% 5.5% 5.65%
Earnings before Tax (EBT) 1 - 1,849 1,335 554 1,051 1,916 2,390
Net income 1 - 1,610 1,220 710 872.3 1,435 1,813
Net margin - 3.84% 2.24% 1.07% 1.15% 1.69% 1.94%
EPS 2 1.043 1.189 0.9016 0.5242 0.6336 1.105 1.330
Free Cash Flow - 1,041 - 2,678 - - -
FCF margin - 2.48% - 4.03% - - -
FCF Conversion (EBITDA) - 31.36% - 56.83% - - -
FCF Conversion (Net income) - 64.66% - 377.18% - - -
Dividend per Share 2 - 0.1251 - - 0.0810 0.2388 0.3931
Announcement Date 2/22/21 2/21/22 2/16/23 2/21/24 - - -
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 11,556 11,443 13,291 13,832 15,954 15,096 15,984 17,002 18,421 24,188 18,250 19,416 20,662 19,165
EBITDA 1 911 744 978 1,011 1,171 955 1,095 1,257 1,436 1,217 1,325 1,405 1,605 -
EBIT 1 700 525 709 748 868 619 737 887 1,042 1,143 926.5 1,026 1,202 971.6
Operating Margin 6.06% 4.59% 5.33% 5.41% 5.44% 4.1% 4.61% 5.22% 5.66% 4.73% 5.08% 5.29% 5.82% 5.07%
Earnings before Tax (EBT) 1 - - - 308 - -11 109 - 306 75.84 311.6 390.6 543 -
Net income 1 527 214 319 281 406 72 156 185 297 84.27 210.5 262.8 436.1 -
Net margin 4.56% 1.87% 2.4% 2.03% 2.54% 0.48% 0.98% 1.09% 1.61% 0.35% 1.15% 1.35% 2.11% -
EPS 2 0.1522 0.1575 0.2356 0.2079 0.3002 0.0531 0.1149 0.1368 0.2191 0.0627 0.0678 0.1326 0.3322 -
Dividend per Share 2 0.1251 - - - - - - - - - - - - -
Announcement Date 2/21/22 5/9/22 7/27/22 10/20/22 2/16/23 5/4/23 7/26/23 10/31/23 2/21/24 4/24/24 - - - -
1BRL in Million2BRL
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 5,451 - 18,909 16,189 16,063 14,574
Net Cash position 1 - - - - - - -
Leverage (Debt/EBITDA) - 1.642 x - 4.013 x 2.898 x 2.538 x 2.076 x
Free Cash Flow - 1,041 - 2,678 - - -
ROE (net income / shareholders' equity) - 78.3% - 16.7% 17.1% 24.8% 26.4%
ROA (Net income/ Total Assets) - 7.73% - 1.69% 1.77% 2.75% 3.26%
Assets 1 - 20,837 - 41,898 49,226 52,136 55,551
Book Value Per Share 2 - 2.040 - 3.420 4.010 4.970 6.000
Cash Flow per Share 2 - 2.410 - 4.400 1.850 2.430 -
Capex 1 - 2,231 - 3,285 1,757 2,637 1,740
Capex / Sales - 5.32% - 4.94% 2.31% 3.11% 1.86%
Announcement Date 2/22/21 2/21/22 2/16/23 2/21/24 - - -
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
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
12
Last Close Price
13 BRL
Average target price
16.88 BRL
Spread / Average Target
+29.87%
Consensus
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  4. Financials Sendas Distribuidora S.A.