Market Closed -
Sao Paulo
04:07:34 2024-05-14 pm EDT
|
5-day change
|
1st Jan Change
|
7.19
BRL
|
-2.18%
|
|
-0.96%
|
-23.67%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
9,070
|
7,460
|
5,092
|
3,096
|
6,553
|
5,002
|
-
|
-
|
Enterprise Value (EV)
1 |
15,788
|
14,565
|
12,839
|
3,096
|
20,198
|
17,775
|
22,872
|
24,838
|
P/E ratio
|
-49.4
x
|
-17.6
x
|
12.6
x
|
12.7
x
|
11.5
x
|
6.46
x
|
5.67
x
|
6.73
x
|
Yield
|
-
|
-
|
-
|
-
|
-
|
3.06%
|
5.37%
|
4.38%
|
Capitalization / Revenue
|
3.08
x
|
1.87
x
|
1.46
x
|
0.87
x
|
1.07
x
|
0.8
x
|
0.76
x
|
0.77
x
|
EV / Revenue
|
5.36
x
|
3.64
x
|
3.68
x
|
0.87
x
|
3.3
x
|
2.85
x
|
3.49
x
|
3.84
x
|
EV / EBITDA
|
7.77
x
|
7.14
x
|
5.52
x
|
1.34
x
|
7.05
x
|
4.29
x
|
4.78
x
|
5.24
x
|
EV / FCF
|
40.3
x
|
39.6
x
|
-26.8
x
|
-
|
-13.4
x
|
-11.8
x
|
64.5
x
|
403
x
|
FCF Yield
|
2.48%
|
2.53%
|
-3.73%
|
-
|
-7.44%
|
-8.47%
|
1.55%
|
0.25%
|
Price to Book
|
19.9
x
|
133
x
|
2.4
x
|
-
|
2.39
x
|
1.68
x
|
1.3
x
|
1.17
x
|
Nbr of stocks (in thousands)
|
556,463
|
557,986
|
695,621
|
695,621
|
695,621
|
695,621
|
-
|
-
|
Reference price
2 |
16.30
|
13.37
|
7.320
|
4.450
|
9.420
|
7.190
|
7.190
|
7.190
|
Announcement Date
|
2/18/20
|
3/10/21
|
3/14/22
|
3/16/23
|
3/13/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
2,945
|
4,000
|
3,488
|
3,572
|
6,121
|
6,234
|
6,551
|
6,472
|
EBITDA
1 |
2,033
|
2,038
|
2,327
|
2,305
|
2,863
|
4,141
|
4,783
|
4,737
|
EBIT
1 |
1,265
|
924.6
|
1,568
|
1,542
|
2,783
|
3,371
|
3,493
|
3,287
|
Operating Margin
|
42.94%
|
23.12%
|
44.95%
|
43.18%
|
45.46%
|
54.08%
|
53.33%
|
50.78%
|
Earnings before Tax (EBT)
1 |
95.62
|
79.07
|
652.5
|
510.3
|
1,281
|
1,059
|
1,611
|
1,254
|
Net income
1 |
-185.5
|
-424
|
372
|
245.7
|
569.6
|
775.6
|
882.5
|
743.8
|
Net margin
|
-6.3%
|
-10.6%
|
10.67%
|
6.88%
|
9.31%
|
12.44%
|
13.47%
|
11.49%
|
EPS
2 |
-0.3300
|
-0.7599
|
0.5826
|
0.3500
|
0.8188
|
1.113
|
1.268
|
1.069
|
Free Cash Flow
1 |
391.8
|
368.2
|
-479.3
|
-
|
-1,503
|
-1,505
|
354.7
|
61.7
|
FCF margin
|
13.3%
|
9.21%
|
-13.74%
|
-
|
-24.56%
|
-24.14%
|
5.41%
|
0.95%
|
FCF Conversion (EBITDA)
|
19.27%
|
18.06%
|
-
|
-
|
-
|
-
|
7.42%
|
1.3%
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
40.19%
|
8.3%
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
0.2200
|
0.3859
|
0.3150
|
Announcement Date
|
2/18/20
|
3/10/21
|
3/14/22
|
3/16/23
|
3/13/24
|
-
|
-
|
-
|
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 |
923
|
872.5
|
769.6
|
764.1
|
886.3
|
1,152
|
1,130
|
1,282
|
1,440
|
2,268
|
1,522
|
1,508
|
1,565
|
1,549
|
EBITDA
1 |
636.4
|
544.7
|
475.8
|
463.1
|
557
|
809.2
|
804.6
|
918.2
|
1,034
|
1,106
|
1,089
|
1,071
|
1,106
|
1,166
|
EBIT
1 |
455.1
|
346.4
|
317.9
|
289.6
|
379.9
|
347.3
|
601.7
|
683.9
|
813.2
|
683.8
|
846
|
801.8
|
839
|
873.1
|
Operating Margin
|
49.31%
|
39.71%
|
41.3%
|
37.91%
|
42.86%
|
30.14%
|
53.25%
|
53.33%
|
56.48%
|
30.15%
|
55.6%
|
53.17%
|
53.62%
|
56.36%
|
Earnings before Tax (EBT)
1 |
-
|
-
|
53.15
|
3.235
|
194.9
|
259
|
258.6
|
279.9
|
434
|
308.2
|
433.5
|
378.4
|
404.6
|
446.1
|
Net income
1 |
141.7
|
12.97
|
11.82
|
-13.06
|
121.2
|
108.6
|
112.7
|
123.7
|
230.3
|
117.7
|
231.4
|
165.9
|
192.9
|
208
|
Net margin
|
15.35%
|
1.49%
|
1.54%
|
-1.71%
|
13.67%
|
9.42%
|
9.98%
|
9.65%
|
15.99%
|
5.19%
|
15.2%
|
11%
|
12.32%
|
13.43%
|
EPS
2 |
0.2000
|
0.002600
|
0.0229
|
-0.0200
|
0.1800
|
0.1600
|
0.1600
|
0.1700
|
0.3100
|
0.1692
|
0.3300
|
0.2599
|
0.2938
|
0.3035
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.0579
|
0.0569
|
0.0689
|
0.0770
|
Announcement Date
|
10/25/21
|
3/14/22
|
5/5/22
|
7/28/22
|
11/7/22
|
3/16/23
|
5/9/23
|
7/31/23
|
11/9/23
|
3/13/24
|
5/9/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
6,717
|
7,105
|
7,747
|
-
|
13,645
|
12,773
|
17,870
|
19,836
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
3.304
x
|
3.485
x
|
3.329
x
|
-
|
4.766
x
|
3.085
x
|
3.736
x
|
4.188
x
|
Free Cash Flow
1 |
392
|
368
|
-479
|
-
|
-1,503
|
-1,505
|
355
|
61.7
|
ROE (net income / shareholders' equity)
|
-33.9%
|
-166%
|
34.2%
|
-
|
22.6%
|
22.5%
|
21%
|
14.9%
|
ROA (Net income/ Total Assets)
|
-1.72%
|
-3.75%
|
2.71%
|
-
|
2.58%
|
2.99%
|
2.52%
|
1.75%
|
Assets
1 |
10,782
|
11,318
|
13,744
|
-
|
22,034
|
25,941
|
35,074
|
42,478
|
Book Value Per Share
2 |
0.8200
|
0.1000
|
3.050
|
-
|
3.940
|
4.290
|
5.530
|
6.130
|
Cash Flow per Share
2 |
2.520
|
2.640
|
2.970
|
-
|
5.100
|
2.370
|
3.200
|
-
|
Capex
1 |
1,012
|
1,103
|
2,352
|
-
|
4,182
|
4,268
|
3,736
|
4,085
|
Capex / Sales
|
34.36%
|
27.58%
|
67.44%
|
-
|
68.32%
|
68.46%
|
57.02%
|
63.11%
|
Announcement Date
|
2/18/20
|
3/10/21
|
3/14/22
|
3/16/23
|
3/13/24
|
-
|
-
|
-
|
Last Close Price
7.19
BRL Average target price
10.43
BRL Spread / Average Target +45.02% Consensus |
1st Jan change
|
Capi.
|
---|
| -23.67% | 974M | | -10.36% | 25.64B | | +0.22% | 20.21B | | +15.76% | 10.67B | | +20.80% | 7.57B | | +8.68% | 6.98B | | +5.41% | 6.61B | | +28.53% | 5.97B | | -7.27% | 5.26B | | -9.87% | 5.02B |
Highway Operators
|