AREZZO INDÚSTRIA E COMÉRCIO S.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 52.03 BRL | +0.91% |
|
+1.05% | -19.37% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 5,821 | 6,793 | 7,606 | 8,588 | 7,154 | 5,767 | - | - |
| Enterprise Value (EV) 1 | 5,725 | 6,866 | 8,110 | 8,888 | 8,001 | 6,703 | 6,633 | 6,567 |
| P/E ratio | 35.8 x | 129 x | 22.7 x | 20.9 x | 18.4 x | 15.1 x | 10.5 x | 8.74 x |
| Yield | 1.38% | 0.82% | 1.17% | - | - | 4.02% | 3.76% | 4.36% |
| Capitalization / Revenue | 3.47 x | 4.27 x | 2.6 x | 2.03 x | 1.48 x | 1.09 x | 0.94 x | 0.86 x |
| EV / Revenue | 3.41 x | 4.32 x | 2.77 x | 2.1 x | 1.65 x | 1.26 x | 1.09 x | 0.98 x |
| EV / EBITDA | 19 x | 30.3 x | 17.7 x | 13.5 x | 9.98 x | 7.55 x | 6.22 x | 5.48 x |
| EV / FCF | 41.1 x | 39.4 x | 111 x | -93.7 x | 45.1 x | 12 x | 12.3 x | 10 x |
| FCF Yield | 2.43% | 2.54% | 0.9% | -1.07% | 2.22% | 8.31% | 8.11% | 10% |
| Price to Book | 7.8 x | 5.04 x | 4.81 x | 3.25 x | 2.52 x | 1.85 x | 1.62 x | 1.56 x |
| Nbr of stocks (in thousands) | 90,949 | 99,628 | 99,078 | 109,755 | 110,869 | 110,834 | - | - |
| Reference price 2 | 64.00 | 68.18 | 76.77 | 78.25 | 64.53 | 52.03 | 52.03 | 52.03 |
| Announcement Date | 3/4/20 | 3/4/21 | 3/10/22 | 3/9/23 | 3/7/24 | - | - | - |
1BRL in Million2BRL
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,679 | 1,591 | 2,924 | 4,234 | 4,847 | 5,307 | 6,104 | 6,714 |
| EBITDA 1 | 300.9 | 226.9 | 459.2 | 657.1 | 801.5 | 887.9 | 1,067 | 1,197 |
| EBIT 1 | 225.9 | 92.11 | 468.5 | 550.1 | 558.8 | 651.2 | 813.9 | 927.9 |
| Operating Margin | 13.45% | 5.79% | 16.02% | 12.99% | 11.53% | 12.27% | 13.33% | 13.82% |
| Earnings before Tax (EBT) 1 | 204.9 | 54.56 | 403.9 | 472.9 | 375.9 | 543.2 | 685 | 827.5 |
| Net income 1 | 162.1 | 48.58 | 345.2 | 424.7 | 399.4 | 383 | 526.6 | 620 |
| Net margin | 9.66% | 3.05% | 11.81% | 10.03% | 8.24% | 7.22% | 8.63% | 9.23% |
| EPS 2 | 1.788 | 0.5283 | 3.381 | 3.742 | 3.513 | 3.450 | 4.958 | 5.955 |
| Free Cash Flow 1 | 139.3 | 174.1 | 73.06 | -94.89 | 177.4 | 557 | 538 | 657 |
| FCF margin | 8.29% | 10.94% | 2.5% | -2.24% | 3.66% | 10.5% | 8.81% | 9.79% |
| FCF Conversion (EBITDA) | 46.28% | 76.73% | 15.91% | - | 22.13% | 62.73% | 50.43% | 54.87% |
| FCF Conversion (Net income) | 85.9% | 358.41% | 21.16% | - | 44.41% | 145.43% | 102.16% | 105.97% |
| Dividend per Share 2 | 0.8848 | 0.5566 | 0.9011 | - | - | 2.090 | 1.954 | 2.267 |
| Announcement Date | 3/4/20 | 3/4/21 | 3/10/22 | 3/9/23 | 3/7/24 | - | - | - |
1BRL in Million2BRL
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 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 | 777.9 | 1,093 | 839.6 | 944.8 | 1,138 | 1,311 | 1,025 | 1,131 | 1,266 | 1,425 | 1,066 | 1,246 | 1,418 | 1,604 |
| EBITDA 1 | 125.1 | 185.3 | 133.8 | 162.4 | 170.1 | 190.9 | 164.3 | 198.2 | 217.5 | 221.4 | 168.6 | 209.5 | 244.4 | 252.7 |
| EBIT 1 | 93.4 | 145.1 | 161.2 | 122.9 | 127.2 | 138.9 | 104.8 | 125.5 | 175.2 | 153.3 | 108.5 | 151.5 | 187.5 | 202.9 |
| Operating Margin | 12.01% | 13.27% | 19.19% | 13.01% | 11.18% | 10.59% | 10.22% | 11.09% | 13.84% | 10.76% | 10.18% | 12.16% | 13.22% | 12.65% |
| Earnings before Tax (EBT) | - | 120.5 | - | 116.3 | 114.7 | 101.2 | 65.23 | - | - | - | - | - | - | - |
| Net income | 77.53 | 104.1 | 97.28 | 120.4 | 99.19 | 107 | 63.14 | - | - | - | - | - | - | - |
| Net margin | 9.97% | 9.53% | 11.59% | 12.75% | 8.72% | 8.16% | 6.16% | - | - | - | - | - | - | - |
| EPS 2 | 0.7820 | 0.9615 | 0.9008 | 1.092 | 0.9111 | 0.8401 | 0.5586 | 0.8895 | 1.005 | 1.060 | 0.6015 | 1.018 | 1.007 | 1.301 |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | 0.8772 | 0.3627 | 0.7027 | - |
| Announcement Date | 11/3/21 | 3/10/22 | 5/5/22 | 8/11/22 | 11/8/22 | 3/9/23 | 5/2/23 | 8/10/23 | 11/7/23 | 3/7/24 | - | - | - | - |
1BRL in Million2BRL
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 73.1 | 504 | 300 | 847 | 936 | 866 | 800 |
| Net Cash position 1 | 95.4 | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | 0.3221 x | 1.097 x | 0.4565 x | 1.056 x | 1.054 x | 0.8116 x | 0.6684 x |
| Free Cash Flow 1 | 139 | 174 | 73.1 | -94.9 | 177 | 557 | 538 | 657 |
| ROE (net income / shareholders' equity) | 22.3% | 4.64% | 23.5% | 20% | 14.4% | 14.5% | 15.7% | 15.9% |
| ROA (Net income/ Total Assets) | 13.2% | 2.29% | 11.1% | 10.6% | 7.51% | 7.07% | 7.97% | - |
| Assets 1 | 1,229 | 2,123 | 3,100 | 4,013 | 5,318 | 5,416 | 6,609 | - |
| Book Value Per Share 2 | 8.200 | 13.50 | 16.00 | 24.10 | 25.60 | 28.10 | 32.10 | 33.40 |
| Cash Flow per Share | 2.260 | 2.400 | 2.380 | 1.220 | - | - | - | - |
| Capex 1 | 65.6 | 46.2 | 169 | 233 | 235 | 243 | 271 | 259 |
| Capex / Sales | 3.91% | 2.9% | 5.78% | 5.51% | 4.85% | 4.58% | 4.45% | 3.86% |
| Announcement Date | 3/4/20 | 3/4/21 | 3/10/22 | 3/9/23 | 3/7/24 | - | - | - |
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+
Sell
Buy
Mean consensus
BUY
Number of Analysts
11
Last Close Price
52.03
BRL
Average target price
78.4
BRL
Spread / Average Target
+50.69%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -19.37% | 1.13B | |
| +50.49% | 1.42B | |
| -24.96% | 238M |
- Stock Market
- Equities
- ARZZ3 Stock
- Financials Arezzo Indústria e Comércio S.A.
