Financials LPS Brasil - Consultoria de Imóveis S.A.

Equities

LPSB3

BRLPSBACNOR0

Real Estate Services

Market Closed - Sao Paulo 03:42:37 2024-04-29 pm EDT 5-day change 1st Jan Change
2.26 BRL +2.73% Intraday chart for LPS Brasil - Consultoria de Imóveis S.A. +2.73% -10.32%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 794.1 1,406 734.8 329 249.9 346
Enterprise Value (EV) 1 780 1,287 623.3 243.2 220.4 297
P/E ratio -17 x -287 x -143 x 7.18 x 20.9 x 14.9 x
Yield - - - 3.39% 1.14% 1.61%
Capitalization / Revenue 7.27 x 9.53 x 4.41 x 1.48 x 1.28 x 1.9 x
EV / Revenue 7.14 x 8.73 x 3.74 x 1.09 x 1.13 x 1.63 x
EV / EBITDA -54.8 x 43.5 x 13.1 x 4.95 x 8.02 x 6.37 x
EV / FCF 52.7 x 856 x 34 x 6.91 x -21.3 x 9.26 x
FCF Yield 1.9% 0.12% 2.94% 14.5% -4.69% 10.8%
Price to Book 16.9 x 7.87 x 4.18 x 1.61 x 1.31 x 1.64 x
Nbr of stocks (in thousands) 125,653 147,555 147,555 147,555 137,288 137,288
Reference price 2 6.320 9.530 4.980 2.230 1.820 2.520
Announcement Date 3/21/19 3/27/20 3/29/21 3/23/22 3/22/23 3/27/24
1BRL in Million2BRL
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 109.2 147.5 166.8 222.6 195 182.2
EBITDA 1 -14.24 29.61 47.4 49.14 27.46 46.6
EBIT 1 -27.64 17.49 36.66 41.79 22.81 38.43
Operating Margin -25.31% 11.85% 21.99% 18.77% 11.7% 21.1%
Earnings before Tax (EBT) 1 -48.84 10.89 29.62 64.11 42.06 48.26
Net income 1 -46.67 -4.282 -5.125 43.79 11.96 23.49
Net margin -42.74% -2.9% -3.07% 19.67% 6.13% 12.9%
EPS 2 -0.3714 -0.0332 -0.0347 0.3106 0.0871 0.1688
Free Cash Flow 1 14.81 1.503 18.31 35.17 -10.33 32.08
FCF margin 13.56% 1.02% 10.98% 15.8% -5.3% 17.61%
FCF Conversion (EBITDA) - 5.08% 38.62% 71.58% - 68.84%
FCF Conversion (Net income) - - - 80.33% - 136.56%
Dividend per Share - - - 0.0756 0.0207 0.0406
Announcement Date 3/21/19 3/27/20 3/29/21 3/23/22 3/22/23 3/27/24
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
Net sales 1 58.87 54.55 43.7 49.29 52.54 49.44 42.28 46.61 44.77 48.49
EBITDA 1 16.35 2.123 9.874 13.39 15.7 6.871 13.35 16.51 17.07 13.22
EBIT - - - - - - - - - -
Operating Margin - - - - - - - - - -
Earnings before Tax (EBT) - - - - - - - - - -
Net income - - - - - - - - - -
Net margin - - - - - - - - - -
EPS - - - - - - - - - -
Dividend per Share - - - - - - - - - -
Announcement Date 11/16/21 3/23/22 5/5/22 8/15/22 11/10/22 3/22/23 5/15/23 8/14/23 11/8/23 3/27/24
1BRL in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 14.2 119 112 85.9 29.5 49
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 14.8 1.5 18.3 35.2 -10.3 32.1
ROE (net income / shareholders' equity) -94.6% -2.78% 7.44% 31.4% 14.3% 17.9%
ROA (Net income/ Total Assets) -6.62% 3.43% 5.71% 6.3% 3.46% 6.07%
Assets 1 705.5 -124.8 -89.8 694.6 345.2 386.8
Book Value Per Share 2 0.3700 1.210 1.190 1.380 1.390 1.540
Cash Flow per Share 2 0.1100 0.8500 0.2200 0.3000 0.1600 0.2300
Capex 1 5.12 10.6 30.2 31.6 24.6 16.2
Capex / Sales 4.69% 7.21% 18.09% 14.18% 12.6% 8.92%
Announcement Date 3/21/19 3/27/20 3/29/21 3/23/22 3/22/23 3/27/24
1BRL in Million2BRL
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
1
Last Close Price
2.19 BRL
Average target price
6.7 BRL
Spread / Average Target
+205.94%
Consensus

Quarterly revenue - Rate of surprise

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