ALPARGATAS S.A. |
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 9.64 BRL | +2.44% |
|
+5.35% | -4.64% |
| Feb. 08 | Transcript : Alpargatas S.A., Q4 2023 Earnings Call, Feb 08, 2024 | |
| Feb. 07 | Alpargatas S.A. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 17,519 | 23,136 | 19,617 | 9,088 | 6,937 | 6,384 | - | - |
| Enterprise Value (EV) 1 | 17,606 | 22,990 | 19,144 | 9,868 | 7,685 | 6,729 | 6,771 | 6,532 |
| P/E ratio | 70.6 x | 183 x | 31.1 x | 82.7 x | - | 23 x | 13.8 x | - |
| Yield | 0.17% | - | 1.18% | - | - | 0.16% | 1.92% | 3.01% |
| Capitalization / Revenue | 4.72 x | 6.88 x | 4.97 x | 2.17 x | 1.86 x | 1.57 x | 1.44 x | 1.33 x |
| EV / Revenue | 4.74 x | 6.83 x | 4.85 x | 2.36 x | 2.06 x | 1.66 x | 1.53 x | 1.36 x |
| EV / EBITDA | 28.4 x | 38.6 x | 26.6 x | 14.3 x | 35.8 x | 11 x | 8.62 x | 7.06 x |
| EV / FCF | 48 x | 183 x | 43.6 x | - | 194 x | 12.2 x | 16.2 x | 14.2 x |
| FCF Yield | 2.08% | 0.55% | 2.29% | - | 0.51% | 8.2% | 6.16% | 7.04% |
| Price to Book | 7.27 x | 8.25 x | 6.42 x | - | - | - | - | - |
| Nbr of stocks (in thousands) | 578,817 | 578,911 | 579,018 | 674,268 | 675,092 | 675,137 | - | - |
| Reference price 2 | 33.20 | 42.00 | 37.02 | 15.08 | 10.12 | 9.410 | 9.410 | 9.410 |
| Announcement Date | 2/7/20 | 2/12/21 | 2/10/22 | 3/2/23 | 2/7/24 | - | - | - |
1BRL in Million2BRL
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,712 | 3,364 | 3,949 | 4,182 | 3,734 | 4,060 | 4,429 | 4,811 |
| EBITDA 1 | 619.3 | 595.6 | 720.4 | 689.1 | 214.8 | 612.5 | 785.3 | 925.5 |
| EBIT 1 | 429 | 274.3 | 647.3 | 339.7 | -1,567 | 411.7 | 586.7 | 750.3 |
| Operating Margin | 11.56% | 8.15% | 16.39% | 8.12% | -41.96% | 10.14% | 13.25% | 15.6% |
| Earnings before Tax (EBT) 1 | 427.5 | 200.4 | 714.5 | 271 | - | 350.3 | 618.1 | - |
| Net income 1 | 274.1 | - | 689.6 | 121.5 | -1,867 | 290.2 | 453.5 | 606 |
| Net margin | 7.38% | - | 17.46% | 2.9% | -50.01% | 7.15% | 10.24% | 12.6% |
| EPS 2 | 0.4704 | 0.2301 | 1.191 | 0.1823 | - | 0.4100 | 0.6800 | - |
| Free Cash Flow 1 | 367 | 125.7 | 439.3 | - | 39.58 | 552 | 417 | 460 |
| FCF margin | 9.89% | 3.74% | 11.13% | - | 1.06% | 13.6% | 9.42% | 9.56% |
| FCF Conversion (EBITDA) | 59.26% | 21.1% | 60.98% | - | 18.42% | 90.12% | 53.1% | 49.71% |
| FCF Conversion (Net income) | 133.88% | - | 63.7% | - | - | 190.18% | 91.95% | 75.91% |
| Dividend per Share 2 | 0.0552 | - | 0.4351 | - | - | 0.0146 | 0.1804 | 0.2832 |
| Announcement Date | 2/7/20 | 2/12/21 | 2/10/22 | 3/2/23 | 2/7/24 | - | - | - |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,063 | 1,069 | 927.2 | 1,061 | 1,077 | 1,103 | 902.5 | 926.4 | 896.2 | 1,009 | 934.2 | 1,039 | 1,034 | 1,126 |
| EBITDA 1 | 185.7 | 169.1 | 175.1 | 177.5 | 183.8 | 152.6 | 65.8 | 4.8 | 76.9 | 67.3 | 96.18 | 88.29 | 168 | 238.5 |
| EBIT 1 | 162.5 | - | 106 | 137.3 | - | - | -257.5 | -58.7 | - | -1,256 | 41.87 | 42.79 | 122.6 | 193.3 |
| Operating Margin | 15.29% | - | 11.44% | 12.94% | - | - | -28.53% | -6.34% | - | -124.44% | 4.48% | 4.12% | 11.86% | 17.16% |
| Earnings before Tax (EBT) | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net income | - | 294.2 | 20.8 | 113.5 | 44.92 | - | - | - | - | - | - | - | - | - |
| Net margin | - | 27.52% | 2.24% | 10.69% | 4.17% | - | - | - | - | - | - | - | - | - |
| EPS | 0.2700 | 0.5080 | 0.0513 | 0.1000 | 0.0654 | -0.0249 | -0.3106 | - | -0.0130 | - | - | - | - | - |
| Dividend per Share 2 | - | - | - | - | - | - | - | - | - | - | - | 0.006350 | 0.008010 | 0.0296 |
| Announcement Date | 10/28/21 | 2/10/22 | 5/5/22 | 8/4/22 | 11/3/22 | 3/2/23 | 5/4/23 | 8/3/23 | 11/8/23 | 2/7/24 | - | - | - | - |
1BRL in Million2BRL
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 86.9 | - | - | 779 | 748 | 345 | 388 | 148 |
| Net Cash position 1 | - | 147 | 473 | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.1403 x | - | - | 1.131 x | 3.483 x | 0.5633 x | 0.4935 x | 0.1599 x |
| Free Cash Flow 1 | 367 | 126 | 439 | - | 39.6 | 552 | 417 | 460 |
| ROE (net income / shareholders' equity) | 10.9% | 5.01% | 18.1% | 2.65% | - | 7.25% | 8.63% | 11.7% |
| ROA (Net income/ Total Assets) | 6.45% | 3% | 10.7% | 1.47% | - | 3.34% | 4.77% | - |
| Assets 1 | 4,251 | - | 6,423 | 8,266 | - | 8,685 | 9,517 | - |
| Book Value Per Share | 4.570 | 5.090 | 5.770 | - | - | - | - | - |
| Cash Flow per Share 2 | - | 1.130 | 1.360 | -0.9600 | - | 0.5600 | 0.7500 | - |
| Capex 1 | 164 | 187 | 348 | 701 | 332 | 193 | 203 | 223 |
| Capex / Sales | 4.43% | 5.56% | 8.81% | 16.76% | 8.89% | 4.75% | 4.59% | 4.64% |
| Announcement Date | 2/7/20 | 2/12/21 | 2/10/22 | 3/2/23 | 2/7/24 | - | - | - |
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
Sell
Buy
Mean consensus
HOLD
Number of Analysts
6
Last Close Price
9.41
BRL
Average target price
10.18
BRL
Spread / Average Target
+8.22%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -4.64% | 1.25B | |
| +25.35% | 21.39B | |
| +22.47% | 10.31B | |
| +6.10% | 10.21B | |
| -6.45% | 8.54B | |
| +36.89% | 7.61B | |
| -12.29% | 6.99B | |
| +17.48% | 3.26B | |
| +63.19% | 2.95B | |
| -7.72% | 2.48B |
- Stock Market
- Equities
- ALPA4 Stock
- Financials Alpargatas S.A.
