Delayed
Sao Paulo
10:34:55 2025-02-07 am EST
|
5-day change
|
1st Jan Change
|
6.010 BRL
|
-1.97%
|
|
+2.03%
|
+1.01%
|
 Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
5,012
|
5,880
|
8,170
|
8,487
|
7,383
|
8,016
|
8,514
|
8,963
|
Change
|
-
|
17.32%
|
38.96%
|
3.87%
|
-13%
|
8.57%
|
6.21%
|
5.28%
|
EBITDA
1 |
908.9
|
1,288
|
2,188
|
1,732
|
1,393
|
1,654
|
1,793
|
1,987
|
Change
|
-
|
41.75%
|
69.86%
|
-20.87%
|
-19.54%
|
18.71%
|
8.41%
|
10.83%
|
EBIT
1 |
359.8
|
667.8
|
1,891
|
1,449
|
1,270
|
931.5
|
1,101
|
1,209
|
Change
|
-
|
85.6%
|
183.23%
|
-23.38%
|
-12.39%
|
-26.63%
|
18.18%
|
9.83%
|
Interest Paid
1 |
-160.4
|
-137.1
|
-97.67
|
-675.9
|
-518.4
|
-623.5
|
-583.8
|
-559.8
|
Earnings before Tax (EBT)
1 |
479
|
534.7
|
1,989
|
917.5
|
751.2
|
300.3
|
566.4
|
697.6
|
Change
|
-
|
11.64%
|
271.97%
|
-53.87%
|
-18.12%
|
-60.02%
|
88.59%
|
23.15%
|
Net income
1 |
405.7
|
453.8
|
1,725
|
764.9
|
811.3
|
157.1
|
549.3
|
760.3
|
Change
|
-
|
11.85%
|
280.2%
|
-55.67%
|
6.06%
|
-80.64%
|
249.67%
|
38.41%
|
Announcement Date
|
2/13/20
|
2/8/21
|
2/9/22
|
3/8/23
|
3/6/24
|
-
|
-
|
-
|
 Fiscal Period: December |
2019 Q4
|
2020 Q1
|
2020 Q2
|
2020 Q3
|
2020 Q4
|
2021 Q1
|
2021 Q2
|
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
|
2025 Q1
|
2025 Q2
|
2025 Q3
|
---|
Net sales
1 |
1,486
|
1,162
|
1,046
|
1,778
|
1,894
|
1,768
|
1,974
|
2,177
|
2,251
|
2,131
|
2,214
|
2,162
|
1,980
|
1,712
|
1,954
|
1,769
|
1,949
|
1,936
|
1,995
|
2,239
|
2,051
|
2,068
|
2,197
|
2,330
|
Change
|
-
|
-21.84%
|
-9.91%
|
69.91%
|
6.5%
|
-6.62%
|
11.65%
|
10.28%
|
3.38%
|
-5.32%
|
3.87%
|
-2.35%
|
-8.38%
|
-13.55%
|
14.12%
|
-9.46%
|
10.16%
|
-0.65%
|
3.07%
|
12.21%
|
-8.38%
|
0.82%
|
6.21%
|
6.09%
|
EBITDA
1 |
278.3
|
200.1
|
119
|
433.8
|
516.2
|
495.9
|
500.2
|
604.1
|
588.1
|
503.7
|
446.2
|
415.6
|
366.1
|
351.1
|
349.7
|
287.9
|
404.5
|
441.7
|
376.5
|
459.9
|
377.6
|
405.5
|
387.5
|
430.4
|
Change
|
-
|
-28.09%
|
-40.53%
|
264.46%
|
18.99%
|
-3.92%
|
0.86%
|
20.78%
|
-2.65%
|
-14.36%
|
-11.4%
|
-6.87%
|
-11.9%
|
-4.1%
|
-0.41%
|
-17.66%
|
40.47%
|
9.21%
|
-14.77%
|
22.15%
|
-17.89%
|
7.4%
|
-4.44%
|
11.05%
|
EBIT
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
412
|
282.5
|
409.4
|
344.4
|
362.4
|
333
|
379.3
|
365.7
|
285.4
|
239.2
|
149.5
|
312.5
|
291.9
|
184.4
|
184.8
|
201.7
|
231.4
|
Change
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-31.43%
|
44.91%
|
-15.88%
|
5.23%
|
-8.1%
|
13.9%
|
-3.59%
|
-21.97%
|
-16.17%
|
-37.52%
|
109.09%
|
-6.59%
|
-36.83%
|
0.22%
|
9.15%
|
14.68%
|
Charge d'intérêts
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Change
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
284.7
|
51.99
|
-23.58
|
123.9
|
301.6
|
172.7
|
716.6
|
255.3
|
581
|
223.7
|
169.2
|
154.1
|
217.9
|
154.3
|
157.7
|
304.1
|
195.4
|
-35.1
|
97.03
|
92.62
|
40.35
|
158.3
|
79.63
|
104.1
|
Change
|
-
|
-81.74%
|
-
|
-
|
143.32%
|
-42.73%
|
314.94%
|
-64.38%
|
127.59%
|
-61.49%
|
-24.37%
|
-8.94%
|
41.41%
|
-29.16%
|
2.16%
|
92.9%
|
-35.74%
|
-
|
-
|
-4.54%
|
-56.43%
|
292.24%
|
-49.69%
|
30.74%
|
Announcement Date
|
2/13/20
|
5/6/20
|
7/29/20
|
11/3/20
|
2/8/21
|
4/29/21
|
7/28/21
|
10/27/21
|
2/9/22
|
4/27/22
|
7/27/22
|
10/26/22
|
3/8/23
|
5/3/23
|
8/2/23
|
11/8/23
|
3/6/24
|
5/9/24
|
8/7/24
|
11/6/24
|
-
|
-
|
-
|
-
|
 Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
2,278
|
1,477
|
2,448
|
-
|
4,929
|
5,363
|
5,271
|
5,038
|
Change
|
-
|
-35.16%
|
65.74%
|
-
|
-
|
8.82%
|
-1.72%
|
-4.42%
|
Announcement Date
|
2/13/20
|
2/8/21
|
2/9/22
|
3/8/23
|
3/6/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2023
|
2024
|
2025
|
2026
|
---|
CAPEX
1 |
429.2
|
433.2
|
797.4
|
1,169
|
1,200
|
933.9
|
869.5
|
Change
|
-
|
0.93%
|
84.06%
|
-
|
2.67%
|
-22.17%
|
-6.89%
|
Free Cash Flow (FCF)
1 |
-
|
1,074
|
911
|
177.3
|
277
|
751.5
|
922.5
|
Change
|
-
|
-
|
-15.22%
|
-
|
56.27%
|
171.3%
|
22.75%
|
Announcement Date
|
2/13/20
|
2/8/21
|
2/9/22
|
3/6/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Profitability
| | | | | | | | |
---|
EBITDA Margin (%)
|
18.13%
|
21.91%
|
26.78%
|
20.4%
|
18.87%
|
20.63%
|
21.06%
|
22.17%
|
EBIT Margin (%)
|
7.18%
|
11.36%
|
23.15%
|
17.08%
|
17.2%
|
11.62%
|
12.93%
|
13.49%
|
EBT Margin (%)
|
9.56%
|
9.09%
|
24.35%
|
10.81%
|
10.17%
|
3.75%
|
6.65%
|
7.78%
|
Net margin (%)
|
8.1%
|
7.72%
|
21.12%
|
9.01%
|
10.99%
|
1.96%
|
6.45%
|
8.48%
|
FCF margin (%)
|
-
|
18.28%
|
11.15%
|
-
|
2.4%
|
3.46%
|
8.83%
|
10.29%
|
FCF / Net Income (%)
|
-
|
236.77%
|
52.8%
|
-
|
21.85%
|
176.33%
|
136.81%
|
121.34%
|
Profitability
| | | | | | | | |
---|
ROA
|
4.02%
|
4.76%
|
9.58%
|
-
|
2.21%
|
1.4%
|
2.85%
|
1.98%
|
ROE
|
8.5%
|
10.8%
|
20.8%
|
-
|
6.04%
|
4.07%
|
7.71%
|
8.63%
|
Financial Health
| | | | | | | | |
---|
Leverage (Debt/EBITDA)
|
2.51x
|
1.15x
|
1.12x
|
-
|
3.54x
|
3.24x
|
2.94x
|
2.54x
|
Debt / Free cash flow
|
-
|
1.37x
|
2.69x
|
-
|
27.8x
|
19.36x
|
7.01x
|
5.46x
|
Capital Intensity
| | | | | | | | |
---|
CAPEX / Current Assets (%)
|
8.56%
|
7.37%
|
9.76%
|
-
|
15.83%
|
14.97%
|
10.97%
|
9.7%
|
CAPEX / EBITDA (%)
|
47.23%
|
33.63%
|
36.44%
|
-
|
83.89%
|
72.55%
|
52.09%
|
43.76%
|
CAPEX / FCF (%)
|
-
|
40.32%
|
87.54%
|
-
|
659.33%
|
433.2%
|
124.27%
|
94.26%
|
Items per share
| | | | | | | | |
---|
Cash flow per share
1 |
1.316
|
1.794
|
2.228
|
-
|
1.661
|
1.228
|
1.116
|
1.477
|
Change
|
-
|
36.3%
|
24.23%
|
-
|
-
|
-26.03%
|
-9.19%
|
32.36%
|
Dividend per Share
1 |
0.3086
|
0.2598
|
1.164
|
-
|
0.2153
|
0.0237
|
0.129
|
0.2647
|
Change
|
-
|
-15.81%
|
348.1%
|
-
|
-
|
-88.99%
|
443.95%
|
105.23%
|
Book Value Per Share
1 |
5.909
|
6.207
|
8.21
|
-
|
7.925
|
8.267
|
8.718
|
9.255
|
Change
|
-
|
5.03%
|
32.28%
|
-
|
-
|
4.32%
|
5.46%
|
6.15%
|
EPS
1 |
0.486
|
0.5398
|
2.25
|
1.018
|
0.9772
|
0.2366
|
0.5905
|
0.6473
|
Change
|
-
|
11.07%
|
316.86%
|
-54.77%
|
-3.99%
|
-75.78%
|
149.53%
|
9.62%
|
Nbr of stocks (in thousands)
|
834,565
|
835,151
|
829,912
|
807,921
|
808,142
|
808,365
|
808,365
|
808,365
|
Announcement Date
|
2/13/20
|
2/8/21
|
2/9/22
|
3/8/23
|
3/6/24
|
-
|
-
|
-
|
| 2024 * | 2025 * |
---|
P/E ratio |
25.7x |
10.3x |
---|
PBR |
0.74x |
0.7x |
---|
EV / Sales |
1.28x |
1.2x |
---|
Yield |
0.39% |
2.12% |
---|
Last Close Price 6.090BRL Average target price 9.383BRL Spread / Average Target +54.08% Consensus
|