|
Fiscal Period: December
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2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Capitalization1 |
21 308 | 20 403 | 25 942 | 21 681 | 22 567 | 21 817 | 21 817 | - |
Enterprise Value (EV)1 |
42 098 | 41 811 | 48 171 | 45 762 | 30 205 | 35 447 | 36 027 | 36 753 |
P/E ratio |
18,9x | 11,0x | 15,1x | 14,8x | -15,6x | 24,7x | 18,8x | 17,3x |
Yield |
5,11% | 5,79% | 4,60% | 5,89% | 5,52% | 2,99% | 3,25% | 3,47% |
Capitalization / Revenue |
2,86x | 2,62x | 3,34x | 2,85x | 3,90x | 3,12x | 3,03x | 2,92x |
EV / Revenue |
5,65x | 5,37x | 6,20x | 6,02x | 5,22x | 5,06x | 5,00x | 4,91x |
EV / EBITDA |
10,3x | 10,6x | 11,9x | 11,0x | 11,9x | 11,6x | 11,0x | 10,5x |
Enterprise Value (EV) / FCF |
-59,3x | -100x | -73,4x | -91,0x | 102x | 119x | 83,6x | 97,5x |
FCF Yield |
-1,69% | -1,00% | -1,36% | -1,10% | 0,98% | 0,84% | 1,20% | 1,03% |
Price to Book |
1,99x | 1,75x | 2,12x | 1,62x | 1,61x | 1,42x | 1,38x | 1,34x |
Nbr of stocks (in thousands) |
688 464 | 720 200 | 723 033 | 768 827 | 750 716 | 736 318 | 736 318 | - |
Reference price (USD) |
31,0 | 28,3 | 35,9 | 28,2 | 30,1 | 29,6 | 29,6 | 29,6 |
Announcement Date |
02/22/2018 | 02/14/2019 | 02/14/2020 | 02/18/2021 | 02/18/2022 | - | - | - |
1 USD in Million |
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|
Income Statement Evolution (Annual data) |
|
Fiscal Period: December
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net sales1 |
7 447 | 7 785 | 7 769 | 7 607 | 5 783 | 6 999 | 7 210 | 7 480 |
EBITDA1 |
4 076 | 3 946 | 4 039 | 4 162 | 2 545 | 3 056 | 3 282 | 3 495 |
Operating profit (EBIT)1 |
3 068 | 2 852 | 2 840 | 2 803 | 1 424 | 1 849 | 1 981 | 2 120 |
Operating Margin |
41,2% | 36,6% | 36,6% | 36,8% | 24,6% | 26,4% | 27,5% | 28,3% |
Pre-Tax Profit (EBT)1 |
1 912 | 2 285 | 2 155 | 1 971 | 521 | 1 320 | 1 425 | 1 536 |
Net income1 |
1 128 | 1 827 | 1 746 | 1 469 | -1 480 | 964 | 1 141 | 1 233 |
Net margin |
15,1% | 23,5% | 22,5% | 19,3% | -25,6% | 13,8% | 15,8% | 16,5% |
EPS2 |
1,64 | 2,58 | 2,37 | 1,91 | -1,93 | 1,20 | 1,58 | 1,71 |
Free Cash Flow1 |
-710 | -417 | -656 | -503 | 297 | 299 | 431 | 377 |
FCF margin |
-9,53% | -5,36% | -8,44% | -6,61% | 5,14% | 4,27% | 5,98% | 5,04% |
FCF Conversion |
-17,4% | -10,6% | -16,2% | -12,1% | 11,7% | 9,78% | 13,1% | 10,8% |
Dividend per Share2 |
1,58 | 1,64 | 1,65 | 1,66 | 1,66 | 0,89 | 0,96 | 1,03 |
Announcement Date |
02/22/2018 | 02/14/2019 | 02/14/2020 | 02/18/2021 | 02/18/2022 | - | - | - |
1 USD in Million 2 USD |
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|
Income Statement Evolution (Quarterly data) |
|
Fiscal Period: December
|
2020 Q2 |
2020 Q3 |
2020 Q4 |
2021 Q1 |
2021 Q2 |
2021 Q3 |
2021 Q4 |
2022 Q1 |
2022 Q2 |
2022 Q3 |
2022 Q4 |
2023 Q1 |
2023 Q2 |
2023 Q3 |
2023 Q4 |
Net sales1 |
1 739 | 1 885 | 1 929 | 1 498 | 1 288 | 1 512 | 1 485 | 1 782 | 1 696 | 2 134 | 1 634 | 1 800 | 1 583 | 1 901 | 1 707 |
EBITDA1 |
931 | 1 010 | 1 057 | - | 568 | 695 | - | 732 | 540 | 668 | 943 | - | - | - | - |
Operating profit (EBIT)1 |
595 | 687 | 704 | 415 | 270 | 431 | 308 | 454 | 243 | 341 | 745 | 485 | 364 | 497 | 397 |
Operating Margin |
34,2% | 36,4% | 36,5% | 27,7% | 21,0% | 28,5% | 20,7% | 25,5% | 14,3% | 16,0% | 45,6% | 26,9% | 23,0% | 26,1% | 23,3% |
Pre-Tax Profit (EBT)1 |
- | - | - | - | - | - | - | - | - | - | 213 | 359 | 261 | 372 | 275 |
Net income1 |
344 | 281 | 290 | -1 840 | 19,0 | - | 134 | 273 | 119 | 174 | 185 | 284 | 206 | 294 | 217 |
Net margin |
19,8% | 14,9% | 15,0% | -123% | 1,48% | - | 9,02% | 15,3% | 7,02% | 8,15% | 11,3% | 15,8% | 13,0% | 15,5% | 12,7% |
EPS2 |
0,45 | 0,37 | 0,38 | -2,39 | 0,03 | - | 0,18 | 0,37 | 0,16 | 0,24 | 0,38 | 0,41 | 0,20 | 0,27 | 0,70 |
Dividend per Share2 |
0,42 | 0,42 | 0,42 | 0,42 | 0,42 | 0,42 | 0,42 | 0,20 | 0,23 | 0,23 | 0,23 | 0,24 | 0,24 | 0,24 | 0,24 |
Announcement Date |
08/10/2020 | 11/05/2020 | 02/18/2021 | 05/06/2021 | 08/05/2021 | 11/04/2021 | 02/18/2022 | 05/05/2022 | 08/03/2022 | 11/04/2022 | - | - | - | - | - |
1 USD in Million 2 USD |
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|
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Fiscal Period: December
|
2017 |
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
2024 |
Net Debt1 |
20 790 | 21 408 | 22 229 | 24 081 | 7 638 | 13 630 | 14 209 | 14 936 |
Net Cash position1 |
- | - | - | - | - | - | - | - |
Leverage (Debt / EBITDA) |
5,10x | 5,43x | 5,50x | 5,79x | 3,00x | 4,46x | 4,33x | 4,27x |
Free Cash Flow1 |
-710 | -417 | -656 | -503 | 297 | 299 | 431 | 377 |
ROE (Net Profit / Equities) |
15,0% | 16,1% | 14,3% | 11,1% | 5,95% | 7,56% | 8,33% | 8,67% |
Shareholders' equity1 |
7 520 | 11 348 | 12 210 | 13 234 | -24 877 | 12 751 | 13 694 | 14 225 |
ROA (Net Profit / Asset) |
3,89% | 4,02% | 4,05% | 3,13% | 1,98% | 3,10% | 3,50% | 3,60% |
Assets1 |
28 979 | 45 474 | 43 058 | 46 898 | -74 680 | 31 084 | 32 587 | 34 240 |
Book Value Per Share2 |
15,5 | 16,2 | 16,9 | 17,4 | 18,7 | 20,8 | 21,5 | 22,2 |
Cash Flow per Share2 |
3,58 | 3,98 | 3,29 | 3,57 | 2,97 | 3,18 | 3,37 | 3,65 |
Capex1 |
3 133 | 3 238 | 3 083 | 3 249 | 1 973 | 2 329 | 2 361 | 2 544 |
Capex / Sales |
42,1% | 41,6% | 39,7% | 42,7% | 34,1% | 33,3% | 32,7% | 34,0% |
Announcement Date |
02/22/2018 | 02/14/2019 | 02/14/2020 | 02/18/2021 | 02/18/2022 | - | - | - |
1 USD in Million 2 USD |
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| |
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Capitalization (USD) |
21 817 110 754 |
Net sales (USD) |
5 783 000 000 |
Number of employees |
5 607 |
Sales / Employee (USD) |
1 031 389 |
Free-Float |
95,5% |
Free-Float capitalization (USD) |
20 838 959 787 |
Avg. Exchange 20 sessions (USD) |
152 278 797 |
Average Daily Capital Traded |
0,70% |
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
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