Financials International Meal Company Alimentação S.A.

Equities

MEAL3

BRMEALACNOR9

Restaurants & Bars

Market Closed - Sao Paulo 04:06:00 2024-04-26 pm EDT 5-day change 1st Jan Change
1.57 BRL +0.64% Intraday chart for International Meal Company Alimentação S.A. +3.29% -20.71%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,588 1,202 693.6 799.2 565.2 448.1 - -
Enterprise Value (EV) 1 1,858 1,348 963 1,052 860.6 799.1 799.1 762.1
P/E ratio -89.5 x -2.55 x -8.62 x 11.1 x - -8.26 x -26.2 x 39.3 x
Yield - - - - - - - -
Capitalization / Revenue 0.99 x 1.04 x 0.37 x 0.36 x 0.25 x 0.18 x 0.16 x 0.14 x
EV / Revenue 1.16 x 1.17 x 0.52 x 0.47 x 0.39 x 0.31 x 0.28 x 0.25 x
EV / EBITDA 7.87 x 38.3 x 4.91 x 3.13 x 2.84 x 2.22 x 1.9 x 1.57 x
EV / FCF - - - - 8.61 x 18.2 x 10.4 x 10.3 x
FCF Yield - - - - 11.6% 5.51% 9.64% 9.71%
Price to Book 1.44 x - - - - - - -
Nbr of stocks (in thousands) 189,024 285,443 285,443 285,443 285,443 285,443 - -
Reference price 2 8.400 4.210 2.430 2.800 1.980 1.570 1.570 1.570
Announcement Date 3/31/20 3/30/21 3/30/22 3/28/23 3/26/24 - - -
1BRL in Million2BRL
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,603 1,154 1,852 2,241 2,226 2,560 2,833 3,107
EBITDA 1 236.2 35.2 196.2 336.4 302.9 360 421 486
EBIT 1 48.6 -556.9 -3.232 263.7 79.06 98 131 166
Operating Margin 3.03% -48.27% -0.17% 11.77% 3.55% 3.83% 4.62% 5.34%
Earnings before Tax (EBT) -5.9 - - - - - - -
Net income 1 -13.7 -473.6 -80.45 72.67 -82 -55 -18 11
Net margin -0.85% -41.05% -4.34% 3.24% -3.68% -2.15% -0.64% 0.35%
EPS 2 -0.0938 -1.650 -0.2818 0.2516 - -0.1900 -0.0600 0.0400
Free Cash Flow 1 - - - - 100 44 77 74
FCF margin - - - - 4.49% 1.72% 2.72% 2.38%
FCF Conversion (EBITDA) - - - - 33.01% 12.22% 18.29% 15.23%
FCF Conversion (Net income) - - - - - - - 672.73%
Dividend per Share 2 - - - - - - - -
Announcement Date 3/31/20 3/30/21 3/30/22 3/28/23 3/26/24 - - -
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 Q2 2023 Q3 2023 Q4 2024 Q1
Net sales 1 540.4 544.5 487.3 621.5 676.9 550.2 - 645.2 548.7 558
EBITDA 1 77.9 30.5 38.8 86.4 95.9 57.6 - 93.6 72.5 80
EBIT - - - - - - - - - -
Operating Margin - - - - - - - - - -
Earnings before Tax (EBT) - - - - - - - - - -
Net income 1 -4.45 -41.7 -40.73 -4.768 -4.478 122.6 35.07 16.4 -76.21 -10
Net margin -0.82% -7.66% -8.36% -0.77% -0.66% 22.29% - 2.54% -13.89% -1.79%
EPS 2 -0.0112 -0.1508 -0.1427 -0.0167 -0.0157 0.4267 0.1228 0.0575 - -0.0400
Dividend per Share - - - - - - - - - -
Announcement Date 11/12/21 3/30/22 5/13/22 8/15/22 11/10/22 3/28/23 8/10/23 11/10/23 3/26/24 -
1BRL in Million2BRL
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 270 146 269 253 295 351 351 314
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.144 x 4.142 x 1.373 x 0.7524 x 0.9752 x 0.975 x 0.8337 x 0.6461 x
Free Cash Flow 1 - - - - 100 44 77 74
ROE (net income / shareholders' equity) 1.4% - - - - - - -
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 5.840 - - - - - - -
Cash Flow per Share - - - - - - - -
Capex 1 132 - 193 109 - 139 146 153
Capex / Sales 8.24% - 10.4% 4.87% - 5.43% 5.15% 4.92%
Announcement Date 3/31/20 3/30/21 3/30/22 3/28/23 3/26/24 - - -
1BRL in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
1.57 BRL
Average target price
2.8 BRL
Spread / Average Target
+78.34%
Consensus
  1. Stock Market
  2. Equities
  3. MEAL3 Stock
  4. Financials International Meal Company Alimentação S.A.