Financials MRV Engenharia e Participacoes S.A.

Equities

MRVE3

BRMRVEACNOR2

Real Estate Development & Operations

Market Closed - Sao Paulo 04:07:34 2024-04-26 pm EDT 5-day change 1st Jan Change
6.67 BRL +5.54% Intraday chart for MRV Engenharia e Participacoes S.A. +1.52% -40.61%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 9,544 9,133 5,794 3,673 6,311 3,754 - -
Enterprise Value (EV) 1 10,661 10,010 8,586 8,210 6,311 8,388 7,349 7,657
P/E ratio 13.8 x 16.5 x 7.2 x -18.1 x -196 x 10.3 x 4.56 x 4.16 x
Yield 5.15% 2.28% 3.3% - - 0.04% 2.33% 7.24%
Capitalization / Revenue 1.58 x 1.37 x 0.81 x 0.55 x 0.85 x 0.45 x 0.41 x 0.41 x
EV / Revenue 1.76 x 1.51 x 1.21 x 1.24 x 0.85 x 1 x 0.81 x 0.83 x
EV / EBITDA 10.6 x 9.94 x 6.05 x 10.1 x 13.6 x 8.3 x 4.78 x 4.16 x
EV / FCF -34.7 x 19.6 x -18.7 x -5.98 x - 8.95 x 7.25 x 7.27 x
FCF Yield -2.88% 5.09% -5.36% -16.7% - 11.2% 13.8% 13.8%
Price to Book 1.98 x 1.51 x 0.95 x 0.63 x - 0.52 x 0.49 x 0.45 x
Nbr of stocks (in thousands) 442,889 481,953 482,874 483,231 561,969 562,825 - -
Reference price 2 21.55 18.95 12.00 7.600 11.23 6.670 6.670 6.670
Announcement Date 3/3/20 3/4/21 3/16/22 3/8/23 2/29/24 - - -
1BRL in Million2BRL
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 6,056 6,646 7,118 6,633 7,430 8,354 9,128 9,266
EBITDA 1 1,009 1,007 1,419 810 463 1,011 1,536 1,840
EBIT 1 741 714 1,141 350.2 69.86 867.9 1,363 1,540
Operating Margin 12.24% 10.74% 16.03% 5.28% 0.94% 10.39% 14.94% 16.62%
Earnings before Tax (EBT) 1 878 761 1,180 99.72 -73.39 712.2 930.9 839.8
Net income 1 690 550 804.9 -202.5 -29.82 280.4 788.6 901.2
Net margin 11.39% 8.28% 11.31% -3.05% -0.4% 3.36% 8.64% 9.73%
EPS 2 1.561 1.149 1.667 -0.4191 -0.0573 0.6467 1.464 1.604
Free Cash Flow 1 -307 510 -460 -1,372 - 937 1,013 1,053
FCF margin -5.07% 7.67% -6.46% -20.69% - 11.22% 11.1% 11.36%
FCF Conversion (EBITDA) - 50.65% - - - 92.67% 65.94% 57.24%
FCF Conversion (Net income) - 92.73% - - - 334.2% 128.45% 116.85%
Dividend per Share 2 1.110 0.4330 0.3959 - - 0.002470 0.1554 0.4830
Announcement Date 3/3/20 3/4/21 3/16/22 3/8/23 2/29/24 - - -
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 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 1,800 1,904 1,675 1,602 1,695 1,661 1,690 1,826 1,974 1,941 1,936 2,035 2,079 2,249 2,215
EBITDA 1 386 524 199 441 36 134 62.99 141.1 57.82 201.1 189.8 252.9 262.4 320.5 387
EBIT 1 317.6 452.8 116.1 341.8 -84.82 -22.86 -31.15 112.6 24.42 -36 151.3 201.9 236.2 255.6 364.7
Operating Margin 17.65% 23.78% 6.93% 21.34% -5% -1.38% -1.84% 6.17% 1.24% -1.85% 7.81% 9.92% 11.36% 11.37% 16.46%
Earnings before Tax (EBT) 1 - - - - - - - 242.1 -104.4 -90.65 53.21 149.4 174.4 221.5 265.9
Net income 1 165.2 300.1 71.29 58.05 1.587 -333.4 30.58 181.1 -136.5 -105 -15.59 60.78 89.55 117.3 165.7
Net margin 9.18% 15.76% 4.26% 3.62% 0.09% -20.07% 1.81% 9.92% -6.92% -5.41% -0.81% 2.99% 4.31% 5.21% 7.48%
EPS 2 0.3420 0.6220 - - 0.003280 -0.6896 0.0632 0.3743 -0.2474 -0.2053 0.0550 0.1250 0.2300 0.1900 0.2949
Dividend per Share 2 - - - - - - - - - - - 0.0123 - - -
Announcement Date 11/9/21 3/16/22 5/12/22 8/10/22 11/9/22 3/8/23 5/11/23 8/9/23 11/8/23 2/29/24 - - - - -
1BRL in Million2BRL
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,117 877 2,792 4,537 - 4,634 3,595 3,903
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.107 x 0.8709 x 1.968 x 5.601 x - 4.584 x 2.34 x 2.122 x
Free Cash Flow 1 -307 510 -460 -1,372 - 937 1,013 1,053
ROE (net income / shareholders' equity) 13% 10.2% 13.7% -3.3% - 4.38% 11.2% 13.9%
ROA (Net income/ Total Assets) 4.87% 3.36% 4.78% 0.1% - 0.98% 2.32% 2.85%
Assets 1 14,156 16,369 16,852 -197,119 - 28,726 34,007 31,665
Book Value Per Share 2 10.90 12.50 12.70 12.10 - 12.90 13.50 14.80
Cash Flow per Share 2 -0.2200 1.440 -0.5800 -2.090 - 0.2000 1.310 -
Capex 1 209 180 179 364 - 115 134 234
Capex / Sales 3.45% 2.71% 2.51% 5.49% - 1.37% 1.47% 2.53%
Announcement Date 3/3/20 3/4/21 3/16/22 3/8/23 2/29/24 - - -
1BRL in Million2BRL
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
6.67 BRL
Average target price
13.25 BRL
Spread / Average Target
+98.72%
Consensus
  1. Stock Market
  2. Equities
  3. MRVE3 Stock
  4. Financials MRV Engenharia e Participacoes S.A.