Company Valuation: Natura Cosméticos S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 35,074 15,942 23,319 17,681 10,235 14,289 - -
Change - -54.55% 46.27% -24.18% -42.12% 39.62% - -
Enterprise Value (EV) 1 41,805 26,809 22,806 21,043 10,235 17,826 17,358 17,421
Change - -35.87% -14.93% -7.73% -51.36% 74.18% -2.63% 0.36%
P/E ratio 33.9x -5.57x 7.86x -1.98x -8.44x 11.2x 8.63x 7.57x
PBR 1.23x - 1.01x 1.13x - 1.05x 1.01x 0.95x
PEG - 0x -0x 0x 0.1x -0x 0.3x 0.5x
Capitalization / Revenue 0.87x 0.44x 0.87x 0.73x 0.47x 0.63x 0.59x 0.56x
EV / Revenue 1.04x 0.74x 0.85x 0.87x 0.47x 0.78x 0.72x 0.68x
EV / EBITDA 10.1x 8.49x 8.37x 7.17x 3.27x 5.63x 4.88x 4.54x
EV / EBIT 31.1x -58.6x - 10.7x 4.42x 8.06x 6.62x 6.14x
EV / FCF -26.2x -62.2x -6.92x -6.79x - 12.8x 10.1x 9.29x
FCF Yield -3.81% -1.61% -14.4% -14.7% - 7.82% 9.88% 10.8%
Dividend per Share 2 - - 0.2129 - - 0.34 0.9946 -
Rate of return - - 1.26% - - 3.27% 9.56% -
EPS 2 0.7503 -2.084 2.148 -6.457 -0.8831 0.9246 1.205 1.374
Distribution rate - - 9.91% - - 36.8% 82.5% -
Net sales 1 40,100 36,350 26,737 24,090 21,823 22,755 24,169 25,551
EBITDA 1 4,137 3,159 2,725 2,936 3,132 3,168 3,555 3,840
EBIT 1 1,346 -457.8 - 1,967 2,318 2,212 2,622 2,837
Net income 1 1,048 -2,860 2,974 -8,930 -1,785 1,280 1,708 1,497
Net Debt 1 6,731 10,867 -512.9 3,361 - 3,537 3,069 3,132
Reference price 2 25.43 11.61 16.89 12.76 7.45 10.40 10.40 10.40
Nbr of stocks (in thousands) 1,379,256 1,373,111 1,380,627 1,385,693 1,373,784 1,373,962 - -
Announcement Date 3/9/22 3/13/23 3/12/24 3/13/25 3/16/26 - - -
1BRL in Million2BRL
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.25x0.78x5.63x3.27% 2.87B
20.98x4.17x15x2.96% 336B
16.45x2.53x11.16x3.97% 126B
22.83x3.49x14.49x2.59% 67.52B
47.98x8.46x36.43x2.2% 59.06B
18.54x2.63x11.33x4.9% 33.37B
53.03x2.31x14.78x1.84% 27.64B
17.34x1.25x7.34x1.35% 19.57B
13.51x1.42x7.76x3.73% 18.35B
51.62x7.19x35.22x1.23% 11.65B
Average 27.35x 3.42x 15.91x 2.8% 70.15B
Weighted average by Cap. 23.94x 3.91x 15.78x 3.04%

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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