BRASKEM S.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 22.81 BRL | +1.24% |
|
+2.29% | +4.35% |
| Apr. 16 | Lummus and Braskem to Partner on Electrified Cracking Heater for Decarbonization | CI |
| Mar. 20 | Braskem Q4 Net Loss Shrinks, Revenue Drops -- Shares Surge | MT |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 24,521 | 19,504 | 45,482 | 19,609 | 17,347 | 17,837 | - | - |
| Enterprise Value (EV) 1 | 60,375 | 59,264 | 84,361 | 19,609 | 73,323 | 57,975 | 55,183 | 51,391 |
| P/E ratio | -8.49 x | -2.8 x | 3.28 x | -56.4 x | -3.8 x | -8.25 x | 15.9 x | 6.13 x |
| Yield | 2.82% | - | 14.1% | - | - | - | - | 4.04% |
| Capitalization / Revenue | 0.47 x | 0.33 x | 0.43 x | 0.2 x | 0.25 x | 0.23 x | 0.22 x | 0.21 x |
| EV / Revenue | 1.15 x | 1.01 x | 0.8 x | 0.2 x | 1.04 x | 0.76 x | 0.67 x | 0.6 x |
| EV / EBITDA | 16.9 x | 5.4 x | 2.44 x | 1.85 x | 19.6 x | 8.42 x | 5.28 x | 4.2 x |
| EV / FCF | -145 x | 16.8 x | 7.42 x | - | -10.8 x | 14.9 x | 9.51 x | 6.64 x |
| FCF Yield | -0.69% | 5.96% | 13.5% | - | -9.28% | 6.73% | 10.5% | 15.1% |
| Price to Book | 4.86 x | -8.52 x | 5.83 x | - | 4.36 x | 7.28 x | 3.4 x | 2.27 x |
| Nbr of stocks (in thousands) | 795,742 | 795,744 | 796,066 | 796,303 | 796,968 | 796,968 | - | - |
| Reference price 2 | 29.85 | 23.57 | 57.63 | 23.76 | 21.86 | 22.81 | 22.81 | 22.81 |
| Announcement Date | 4/4/20 | 3/11/21 | 3/16/22 | 3/22/23 | 3/19/24 | - | - | - |
1BRL in Million2BRL
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 52,324 | 58,543 | 105,625 | 96,519 | 70,569 | 76,583 | 82,848 | 86,004 |
| EBITDA 1 | 3,576 | 10,975 | 34,507 | 10,571 | 3,737 | 6,887 | 10,455 | 12,249 |
| EBIT 1 | -57 | -72 | 26,044 | 5,838 | -1,469 | 2,036 | 5,680 | 7,557 |
| Operating Margin | -0.11% | -0.12% | 24.66% | 6.05% | -2.08% | 2.66% | 6.86% | 8.79% |
| Earnings before Tax (EBT) 1 | -4,803 | -9,684 | 17,961 | 47 | -6,192 | -3,616 | 1,180 | 3,003 |
| Net income 1 | -2,798 | -6,692 | 14,000 | -336 | -4,579 | -2,087 | 1,059 | 2,924 |
| Net margin | -5.35% | -11.43% | 13.25% | -0.35% | -6.49% | -2.72% | 1.28% | 3.4% |
| EPS 2 | -3.515 | -8.407 | 17.57 | -0.4215 | -5.746 | -2.765 | 1.435 | 3.722 |
| Free Cash Flow 1 | -417.2 | 3,533 | 11,365 | - | -6,802 | 3,900 | 5,806 | 7,737 |
| FCF margin | -0.8% | 6.03% | 10.76% | - | -9.64% | 5.09% | 7.01% | 9% |
| FCF Conversion (EBITDA) | - | 32.19% | 32.94% | - | - | 56.63% | 55.53% | 63.16% |
| FCF Conversion (Net income) | - | - | 81.18% | - | - | - | 548.47% | 264.6% |
| Dividend per Share 2 | 0.8404 | - | 8.145 | - | - | - | - | 0.9214 |
| Announcement Date | 4/4/20 | 3/11/21 | 3/16/22 | 3/22/23 | 3/19/24 | - | - | - |
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 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 28,299 | 28,212 | 26,731 | 25,411 | 25,387 | 18,990 | 19,446 | 17,756 | 16,676 | 16,691 | 17,631 | 17,429 | 17,669 | 17,515 | - |
| EBITDA 1 | 8,629 | 7,682 | 4,845 | 3,927 | 1,967 | -168 | 1,063 | 703 | 921 | 1,049 | 1,297 | 1,838 | 1,869 | 2,155 | 2,566 |
| EBIT 1 | 7,670 | 3,722 | 3,844 | 1,654 | 691 | -1,599 | -167 | -601 | -364 | -337 | 9.475 | 186.7 | 325.9 | 605.2 | - |
| Operating Margin | 27.1% | 13.19% | 14.38% | 6.51% | 2.72% | -8.42% | -0.86% | -3.38% | -2.18% | -2.02% | 0.05% | 1.07% | 1.84% | 3.46% | - |
| Earnings before Tax (EBT) 1 | 3,416 | 1,248 | 5,018 | -1,738 | -1,005 | -2,227 | 144.2 | -1,480 | -3,030 | -1,827 | -1,856 | -819 | -696.9 | -423.7 | - |
| Net income 1 | 3,537 | 500 | 3,884 | -1,406 | -1,103 | -1,710 | 184 | -771 | -2,418 | -1,575 | -1,507 | -580.6 | -499 | -320.2 | - |
| Net margin | 12.5% | 1.77% | 14.53% | -5.53% | -4.34% | -9% | 0.95% | -4.34% | -14.5% | -9.44% | -8.55% | -3.33% | -2.82% | -1.83% | - |
| EPS 2 | 4.444 | 0.6659 | 4.879 | -1.764 | -1.384 | -2.153 | 0.2309 | -0.9674 | -3.034 | -1.975 | -1.393 | -0.9294 | -0.7380 | -0.5414 | 0.5800 |
| Dividend per Share 2 | 7.539 | 8.145 | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/9/21 | 3/16/22 | 5/11/22 | 8/10/22 | 11/9/22 | 3/22/23 | 5/8/23 | 8/9/23 | 11/9/23 | 3/19/24 | - | - | - | - | - |
1BRL in Million2BRL
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 35,855 | 39,760 | 38,879 | - | 55,976 | 40,137 | 37,346 | 33,554 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 10.03 x | 3.623 x | 1.127 x | - | 14.98 x | 5.828 x | 3.572 x | 2.739 x |
| Free Cash Flow 1 | -417 | 3,533 | 11,365 | - | -6,802 | 3,900 | 5,806 | 7,737 |
| ROE (net income / shareholders' equity) | -47.9% | -499% | 494% | - | -62.4% | -88.2% | 24.9% | 62.3% |
| ROA (Net income/ Total Assets) | -4.39% | -8.68% | 15.7% | - | -3.93% | -2.13% | 0.88% | 2.65% |
| Assets 1 | 63,672 | 77,110 | 89,420 | - | 116,523 | 98,199 | 120,149 | 110,548 |
| Book Value Per Share 2 | 6.140 | -2.770 | 9.880 | - | 5.010 | 3.130 | 6.720 | 10.00 |
| Cash Flow per Share 2 | 2.850 | 7.910 | 18.50 | - | -2.850 | 4.310 | 9.220 | 7.930 |
| Capex 1 | 2,683 | 2,760 | 3,421 | - | 4,530 | 2,355 | 2,963 | 3,431 |
| Capex / Sales | 5.13% | 4.71% | 3.24% | - | 6.42% | 3.08% | 3.58% | 3.99% |
| Announcement Date | 4/4/20 | 3/11/21 | 3/16/22 | 3/22/23 | 3/19/24 | - | - | - |
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
C+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
11
Last Close Price
22.81
BRL
Average target price
29.5
BRL
Spread / Average Target
+29.33%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +4.35% | 3.48B | |
| +5.14% | 103B | |
| -5.63% | 63.04B | |
| +39.52% | 39.06B | |
| +12.91% | 37.58B | |
| +7.41% | 33.24B | |
| +6.85% | 19.22B | |
| +12.86% | 16.83B | |
| +7.73% | 15.03B | |
| +16.93% | 14.96B |
- Stock Market
- Equities
- BRKM5 Stock
- Financials Braskem S.A.
