Company Valuation: Profarma Distribuidora de Produtos Farmacêuticos S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 747.9 723.4 450 747.9 795.7 1,119
Change - -3.28% -37.8% 66.21% 6.39% 40.68%
Enterprise Value (EV) 1 1,277 1,482 1,291 1,698 1,813 2,286
Change - 16.05% -12.88% 31.53% 6.77% 26.1%
P/E 14.3x 9.25x 5.56x 10.6x 6.95x 9.42x
PBR 0.71x 0.67x 0.38x 0.6x 0.61x 0.83x
PEG - 0.2x 1.62x -0.8x 0.1x 2.46x
Capitalization / Revenue 0.14x 0.11x 0.06x 0.09x 0.08x 0.1x
EV / Revenue 0.23x 0.23x 0.17x 0.2x 0.18x 0.2x
EV / EBITDA 8.52x 9.11x 4.54x 5.74x 5.3x 5.65x
EV / EBIT 9.95x 10.9x 5.09x 6.5x 6.05x 6.53x
EV / FCF -50.4x -136x -22.6x -101x 11.3x 34.7x
FCF Yield -1.98% -0.73% -4.42% -0.99% 8.82% 2.88%
Dividend per Share 2 - 0.2706 0.1733 0.3858 0.575 -
Rate of return - 4.59% 4.72% 6.32% 8.86% -
EPS 2 0.4268 0.6377 0.6596 0.574 0.934 0.9697
Distribution rate - 42.4% 26.3% 67.2% 61.6% -
Net sales 1 5,481 6,413 7,816 8,662 10,154 11,451
EBITDA 1 149.9 162.7 284.2 295.6 342.1 404.5
EBIT 1 128.3 136.3 253.8 261.1 299.7 350.1
Net income 1 52.33 78.19 80.87 70.4 114.6 118.9
Net Debt 1 528.9 758.4 840.9 950 1,017 1,167
Reference price 2 6.100 5.900 3.670 6.100 6.490 9.130
Nbr of stocks (in thousands) 122,611 122,611 122,611 122,611 122,611 122,611
Announcement Date 3/16/21 3/16/22 3/15/23 3/7/24 3/18/25 3/17/26
1BRL in Million2BRL
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 163M
18.83x0.23x13.05x0.42% 93.23B
28.91x0.23x14.54x0.92% 52.68B
45.92x3.24x30.05x1.35% 23.59B
11.71x0.21x4.94x2.57% 8.34B
14x1.08x8.73x2.41% 8.14B
6.14x0.1x2.62x4.82% 6.95B
9.04x1.71x5.44x3.63% 6.11B
24.51x1.2x14.83x2.91% 5.39B
11.04x0.13x4.6x4.05% 3.8B
Average 18.90x 0.90x 10.98x 2.56% 20.84B
Weighted average by Cap. 23.27x 0.66x 14.18x 1.19%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Profarma Distribuidora de Produtos Farmacêuticos S.A.