Company Valuation: WLM Participações e Comércio de Máquinas e Veículos S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2019 2020 2021 2022 2023 2024
Capitalization 1 478.4 993.6 1,354 806.9 979.4 1,007
Change - 107.69% 36.27% -40.4% 21.37% 2.83%
Enterprise Value (EV) 1 445.6 866.2 1,202 832.9 1,062 1,293
Change - 94.39% 38.8% -30.72% 27.5% 21.77%
P/E ratio 9.71x 21.2x 13.7x 7.05x 9.75x 8.44x
PBR 1.15x 2.5x 2.68x 1.33x 1.59x 1.41x
PEG - 2.29x 0.1x 0.6x -4.3x 0.7x
Capitalization / Revenue 0.44x 1.02x 0.73x 0.41x 0.41x 0.32x
EV / Revenue 0.41x 0.89x 0.65x 0.42x 0.44x 0.41x
EV / EBITDA 8.25x 12.2x 8.85x 5.3x 6.3x 5.96x
EV / EBIT 9.2x 12.8x 9.12x 5.44x 6.49x 6.26x
EV / FCF -56x 10.2x 37.5x -5.02x -19.3x -7.77x
FCF Yield -1.79% 9.85% 2.66% -19.9% -5.19% -12.9%
Dividend per Share 2 - - 0.6563 0.9576 1.551 -
Rate of return - - 1.65% 4.22% 5.05% -
EPS 2 1.367 1.494 2.904 3.221 3.148 3.553
Distribution rate - - 22.6% 29.7% 49.3% -
Net sales 1 1,075 972.4 1,851 1,980 2,391 3,124
EBITDA 1 54.02 71.06 135.8 157.1 168.4 216.9
EBIT 1 48.45 67.68 131.9 153.1 163.6 206.5
Net income 1 49.79 54.4 105.7 117.3 114.6 129.4
Net Debt 1 -32.84 -127.4 -151.8 25.96 82.56 286
Reference price 2 13.27 31.70 39.84 22.71 30.69 30.00
Nbr of stocks (in thousands) 36,415 36,415 36,415 36,415 36,415 36,415
Announcement Date 3/27/20 3/25/21 3/22/22 3/22/23 3/21/24 3/22/25
1BRL in Million2BRL
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 168M
5.49x0.08x0.77x-.--% 5.21B
6.08x0.63x19.29x7.73% 453M
-5.23x0.55x5.85x0.95% 69.16M
Average 2.11x 0.42x 8.63x 2.89% 1.48B
Weighted average by Cap. 5.41x 0.13x 2.29x 0.62%
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Year-on-year evolution of the PER

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation WLM Participações e Comércio de Máquinas e Veículos S.A.