Market Closed -
Sao Paulo
04:07:50 2024-05-02 pm EDT
|
5-day change
|
1st Jan Change
|
38.38
BRL
|
+1.37%
|
|
+3.17%
|
-9.55%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
51,247
|
57,626
|
52,311
|
97,242
|
96,843
|
86,222
|
-
|
-
|
Enterprise Value (EV)
1 |
85,643
|
92,185
|
82,613
|
130,317
|
96,843
|
121,741
|
114,753
|
111,654
|
P/E ratio
|
5.61
x
|
9.25
x
|
9.49
x
|
24
x
|
20.3
x
|
10.6
x
|
9.58
x
|
6.77
x
|
Yield
|
4.58%
|
2.81%
|
4.52%
|
-
|
-
|
3.46%
|
6.16%
|
4.27%
|
Capitalization / Revenue
|
1.85
x
|
1.98
x
|
1.39
x
|
2.85
x
|
2.61
x
|
2.23
x
|
2.22
x
|
2.17
x
|
EV / Revenue
|
3.09
x
|
3.17
x
|
2.2
x
|
3.82
x
|
2.61
x
|
3.15
x
|
2.95
x
|
2.81
x
|
EV / EBITDA
|
6.48
x
|
6.6
x
|
4.35
x
|
7.33
x
|
5.02
x
|
5.48
x
|
5.03
x
|
4.55
x
|
EV / FCF
|
-42
x
|
47.4
x
|
14.6
x
|
16.9
x
|
-
|
8.28
x
|
8.16
x
|
6.4
x
|
FCF Yield
|
-2.38%
|
2.11%
|
6.85%
|
5.9%
|
-
|
12.1%
|
12.3%
|
15.6%
|
Price to Book
|
0.73
x
|
0.77
x
|
0.68
x
|
0.9
x
|
-
|
0.75
x
|
0.72
x
|
0.71
x
|
Nbr of stocks (in thousands)
|
1,352,634
|
1,568,931
|
1,568,931
|
2,301,228
|
2,253,003
|
2,250,474
|
-
|
-
|
Reference price
2 |
38.24
|
37.00
|
33.01
|
43.23
|
46.98
|
41.56
|
41.56
|
41.56
|
Announcement Date
|
3/28/20
|
3/19/21
|
3/18/22
|
3/13/23
|
3/14/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
27,726
|
29,081
|
37,616
|
34,074
|
37,159
|
38,649
|
38,926
|
39,696
|
EBITDA
1 |
13,210
|
13,978
|
19,007
|
17,780
|
19,274
|
22,232
|
22,825
|
24,523
|
EBIT
1 |
10,262
|
10,444
|
18,173
|
15,090
|
10,525
|
18,166
|
20,003
|
21,757
|
Operating Margin
|
37.01%
|
35.91%
|
48.31%
|
44.29%
|
28.33%
|
47%
|
51.39%
|
54.81%
|
Earnings before Tax (EBT)
1 |
6,369
|
6,953
|
10,994
|
3,347
|
1,728
|
10,192
|
13,166
|
15,718
|
Net income
1 |
10,697
|
6,387
|
5,714
|
3,638
|
4,882
|
8,064
|
9,765
|
11,097
|
Net margin
|
38.58%
|
21.96%
|
15.19%
|
10.68%
|
13.14%
|
20.86%
|
25.09%
|
27.95%
|
EPS
2 |
6.820
|
4.000
|
3.480
|
1.800
|
2.310
|
3.930
|
4.337
|
6.137
|
Free Cash Flow
1 |
-2,041
|
1,944
|
5,657
|
7,690
|
-
|
14,699
|
14,067
|
17,436
|
FCF margin
|
-7.36%
|
6.68%
|
15.04%
|
22.57%
|
-
|
38.03%
|
36.14%
|
43.92%
|
FCF Conversion (EBITDA)
|
-
|
13.91%
|
29.76%
|
43.25%
|
-
|
66.12%
|
61.63%
|
71.1%
|
FCF Conversion (Net income)
|
-
|
30.44%
|
99.01%
|
211.36%
|
-
|
182.28%
|
144.06%
|
157.13%
|
Dividend per Share
2 |
1.750
|
1.040
|
1.494
|
-
|
-
|
1.438
|
2.562
|
1.773
|
Announcement Date
|
3/28/20
|
3/19/21
|
3/18/22
|
3/13/23
|
3/14/24
|
-
|
-
|
-
|
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 |
9,957
|
11,492
|
9,181
|
8,856
|
8,033
|
9,009
|
9,210
|
9,246
|
8,781
|
9,922
|
9,788
|
10,195
|
10,093
|
10,407
|
-
|
EBITDA
1 |
5,598
|
4,775
|
5,428
|
4,861
|
3,197
|
4,401
|
5,616
|
5,431
|
4,560
|
3,840
|
5,615
|
5,788
|
5,496
|
5,709
|
-
|
EBIT
1 |
4,215
|
3,352
|
4,230
|
2,144
|
2,385
|
3,522
|
3,987
|
4,994
|
3,635
|
-
|
4,840
|
4,854
|
4,553
|
4,757
|
-
|
Operating Margin
|
42.33%
|
29.17%
|
46.07%
|
24.21%
|
29.69%
|
39.09%
|
43.29%
|
54.01%
|
41.4%
|
-
|
49.45%
|
47.61%
|
45.11%
|
45.71%
|
-
|
Earnings before Tax (EBT)
1 |
4,033
|
795
|
3,585
|
1,295
|
-212.6
|
-1,138
|
854.1
|
2,139
|
771
|
-2,371
|
2,453
|
2,295
|
2,002
|
2,307
|
-
|
Net income
1 |
923.8
|
610
|
2,716
|
1,401
|
-14.53
|
-478.6
|
488.6
|
1,619
|
1,477
|
1,048
|
1,700
|
2,276
|
2,084
|
2,950
|
-
|
Net margin
|
9.28%
|
5.31%
|
29.58%
|
15.82%
|
-0.18%
|
-5.31%
|
5.31%
|
17.51%
|
16.82%
|
10.57%
|
17.37%
|
22.32%
|
20.65%
|
28.35%
|
-
|
EPS
2 |
0.6258
|
0.0640
|
1.830
|
0.9646
|
-0.008500
|
-0.3400
|
0.2300
|
0.7800
|
0.5000
|
0.4300
|
1.034
|
0.9890
|
0.9056
|
1.282
|
-
|
Dividend per Share
2 |
-
|
1.494
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
1.357
|
-
|
Announcement Date
|
11/16/21
|
3/18/22
|
5/16/22
|
8/12/22
|
11/10/22
|
3/13/23
|
5/5/23
|
8/9/23
|
11/8/23
|
3/14/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
34,396
|
34,559
|
30,302
|
33,075
|
-
|
35,519
|
28,531
|
25,431
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.604
x
|
2.472
x
|
1.594
x
|
1.86
x
|
-
|
1.598
x
|
1.25
x
|
1.037
x
|
Free Cash Flow
1 |
-2,041
|
1,944
|
5,657
|
7,690
|
-
|
14,699
|
14,067
|
17,437
|
ROE (net income / shareholders' equity)
|
16.9%
|
13.2%
|
16.3%
|
11.2%
|
-
|
9.44%
|
9.43%
|
10.8%
|
ROA (Net income/ Total Assets)
|
-
|
5.31%
|
6.62%
|
4.56%
|
-
|
3.57%
|
3.76%
|
4.92%
|
Assets
1 |
-
|
120,321
|
86,270
|
79,730
|
-
|
226,129
|
260,047
|
225,729
|
Book Value Per Share
2 |
52.40
|
48.00
|
48.50
|
48.00
|
-
|
55.20
|
57.90
|
58.50
|
Cash Flow per Share
2 |
-
|
2.700
|
5.160
|
4.590
|
-
|
2.580
|
5.540
|
-
|
Capex
1 |
1,955
|
2,255
|
2,573
|
1,586
|
-
|
4,945
|
3,440
|
2,942
|
Capex / Sales
|
7.05%
|
7.75%
|
6.84%
|
4.65%
|
-
|
12.79%
|
8.84%
|
7.41%
|
Announcement Date
|
3/28/20
|
3/19/21
|
3/18/22
|
3/13/23
|
3/14/24
|
-
|
-
|
-
|
Last Close Price
41.56
BRL Average target price
59.13
BRL Spread / Average Target +42.27% Consensus |
1st Jan change
|
Capi.
|
---|
| +10.50% | 87.16B | | +51.70% | 11.58B | | -2.64% | 11.34B | | +10.78% | 11.28B | | +8.30% | 9.17B | | +13.90% | 6.87B | | -3.33% | 5.22B | | +1.01% | 4.4B | | -.--% | 3.77B |
Hydroelectric & Tidal Utilities
|