Company Valuation: Lojas Renner S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 24,089 19,873 16,647 12,747 12,872 12,097 - -
Change - -17.5% -16.24% -23.43% 0.98% -6.02% - -
Enterprise Value (EV) 1 24,269 21,685 15,470 10,921 11,372 13,288 13,637 14,022
Change - -10.65% -28.66% -29.4% 4.13% 16.85% 2.62% 2.83%
P/E 36.9x 15.5x 17.1x 10.6x 9.33x 7.82x 7.03x 6.27x
PBR 2.46x - 1.66x 1.18x 1.3x 1.14x 1.04x 0.98x
PEG - 0.2x -0.7x 0.5x 0.3x 0.79x 0.6x 0.5x
Capitalization / Revenue 2.28x 1.5x 1.22x 0.88x 0.81x 0.71x 0.65x 0.6x
EV / Revenue 2.3x 1.63x 1.13x 0.76x 0.72x 0.78x 0.74x 0.69x
EV / EBITDA 14.1x 9.03x 7.35x 4.12x 3.57x 4.7x 3.73x 3.46x
EV / EBIT 29.8x 15.4x 17.4x 8.67x 6.33x 6.76x 5.96x 5.36x
EV / FCF 86.2x 50.3x 8.74x 6.04x 7.91x 9.27x 9.74x 8.84x
FCF Yield 1.16% 1.99% 11.4% 16.6% 12.6% 10.8% 10.3% 11.3%
Dividend per Share 2 0.3896 - 0.6488 0.6456 0.8383 0.9643 1.006 1.22
Rate of return 1.75% - 4.1% 5.33% 6.23% 7.78% 8.12% 9.85%
EPS 2 0.6026 1.203 0.9241 1.138 1.442 1.585 1.764 1.975
Distribution rate 64.7% - 70.2% 56.7% 58.1% 60.8% 57.1% 61.8%
Net sales 1 10,572 13,271 13,648 14,436 15,830 16,945 18,469 20,258
EBITDA 1 1,723 2,401 2,104 2,650 3,187 2,824 3,658 4,055
EBIT 1 813.9 1,407 889.1 1,259 1,797 1,965 2,290 2,615
Net income 1 633.1 1,292 976.3 1,197 1,500 1,556 1,745 1,967
Net Debt 1 180.6 1,812 -1,177 -1,826 -1,500 1,192 1,540 1,926
Reference price 2 22.22 18.62 15.84 12.12 13.45 12.39 12.39 12.39
Nbr of stocks (in thousands) 1,084,183 1,067,423 1,051,161 1,051,732 957,030 976,323 - -
Announcement Date 3/17/22 2/16/23 3/14/24 2/20/25 3/3/26 - - -
1BRL in Million2BRL
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
8.05x0.78x4.02x7.85% 2.38B
26.94x4.16x14.7x3.3% 211B
48.05x5.92x24.64x0.77% 154B
32.64x3.12x20.86x0.7% 81.87B
53.71x2.97x11.46x1.19% 40.63B
23.81x4.27x17.09x0.98% 32.8B
23.04x1.53x8.64x4.08% 30.13B
19.35x2.68x12x2.16% 24.16B
31.87x1.85x15.72x-.--% 22.95B
15.6x1.84x7.85x4.11% 11.1B
Average 28.31x 2.91x 13.70x 2.51% 61.16B
Weighted average by Cap. 34.05x 4.06x 17.41x 1.95%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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