Market Closed -
Sao Paulo
04:07:00 2024-04-26 pm EDT
|
5-day change
|
1st Jan Change
|
21.57
BRL
|
+1.51%
|
|
+0.19%
|
+5.32%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
8,594
|
6,219
|
4,819
|
5,949
|
7,766
|
8,179
|
-
|
-
|
Enterprise Value (EV)
1 |
11,412
|
9,258
|
7,571
|
9,073
|
7,766
|
12,000
|
12,235
|
11,455
|
P/E ratio
|
11.4
x
|
7.63
x
|
8.95
x
|
7.07
x
|
5.63
x
|
5.91
x
|
6.23
x
|
5.52
x
|
Yield
|
2.45%
|
-
|
5.87%
|
4.12%
|
-
|
6.95%
|
6.05%
|
4.82%
|
Capitalization / Revenue
|
1.69
x
|
1.18
x
|
0.83
x
|
0.96
x
|
1.06
x
|
1.14
x
|
1.03
x
|
0.97
x
|
EV / Revenue
|
2.24
x
|
1.75
x
|
1.3
x
|
1.47
x
|
1.06
x
|
1.67
x
|
1.55
x
|
1.36
x
|
EV / EBITDA
|
6.49
x
|
4.81
x
|
3.9
x
|
4.58
x
|
2.9
x
|
4.02
x
|
4.19
x
|
3.45
x
|
EV / FCF
|
12.1
x
|
5.36
x
|
4.61
x
|
8.74
x
|
-
|
14
x
|
16.3
x
|
14.5
x
|
FCF Yield
|
8.26%
|
18.6%
|
21.7%
|
11.4%
|
-
|
7.13%
|
6.13%
|
6.9%
|
Price to Book
|
1.27
x
|
0.96
x
|
0.71
x
|
0.82
x
|
-
|
0.97
x
|
0.9
x
|
0.85
x
|
Nbr of stocks (in thousands)
|
379,182
|
379,182
|
379,181
|
379,181
|
379,181
|
379,181
|
-
|
-
|
Reference price
2 |
22.66
|
16.40
|
12.71
|
15.69
|
20.48
|
21.57
|
21.57
|
21.57
|
Announcement Date
|
3/20/20
|
3/2/21
|
3/29/22
|
3/21/23
|
3/21/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
5,093
|
5,289
|
5,830
|
6,177
|
7,326
|
7,183
|
7,912
|
8,450
|
EBITDA
1 |
1,758
|
1,927
|
1,941
|
1,982
|
2,676
|
2,982
|
2,923
|
3,318
|
EBIT
1 |
1,156
|
1,281
|
849
|
1,252
|
1,886
|
2,152
|
2,013
|
2,376
|
Operating Margin
|
22.7%
|
24.23%
|
14.56%
|
20.27%
|
25.74%
|
29.96%
|
25.44%
|
28.11%
|
Earnings before Tax (EBT)
1 |
1,022
|
1,105
|
654.4
|
1,046
|
1,786
|
1,986
|
1,897
|
2,114
|
Net income
1 |
754.4
|
816.5
|
537.6
|
843.4
|
1,379
|
1,387
|
1,325
|
1,485
|
Net margin
|
14.81%
|
15.44%
|
9.22%
|
13.65%
|
18.83%
|
19.31%
|
16.74%
|
17.58%
|
EPS
2 |
1.990
|
2.150
|
1.420
|
2.220
|
3.640
|
3.650
|
3.463
|
3.905
|
Free Cash Flow
1 |
942.2
|
1,726
|
1,644
|
1,038
|
-
|
855
|
750
|
790
|
FCF margin
|
18.5%
|
32.64%
|
28.19%
|
16.81%
|
-
|
11.9%
|
9.48%
|
9.35%
|
FCF Conversion (EBITDA)
|
53.58%
|
89.61%
|
84.7%
|
52.38%
|
-
|
28.67%
|
25.66%
|
23.81%
|
FCF Conversion (Net income)
|
124.9%
|
211.43%
|
305.76%
|
123.13%
|
-
|
61.65%
|
56.61%
|
53.19%
|
Dividend per Share
2 |
0.5553
|
-
|
0.7455
|
0.6471
|
-
|
1.499
|
1.306
|
1.040
|
Announcement Date
|
3/20/20
|
3/2/21
|
3/29/22
|
3/21/23
|
3/21/24
|
-
|
-
|
-
|
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 |
1,495
|
1,520
|
1,420
|
1,521
|
1,622
|
1,588
|
1,712
|
1,783
|
1,859
|
1,971
|
1,826
|
-
|
-
|
-
|
-
|
EBITDA
1 |
471.9
|
456.1
|
445.3
|
492.2
|
515
|
530
|
677.5
|
647.8
|
638.9
|
712
|
723
|
-
|
-
|
-
|
-
|
EBIT
|
64.97
|
110.9
|
261.6
|
315.9
|
333.9
|
343.1
|
485.6
|
441.6
|
444.5
|
514.1
|
-
|
-
|
-
|
-
|
-
|
Operating Margin
|
4.35%
|
7.3%
|
18.42%
|
20.77%
|
20.59%
|
21.6%
|
28.36%
|
24.77%
|
23.91%
|
26.08%
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
239.3
|
235.8
|
303.6
|
267.2
|
485.6
|
-
|
-
|
459.8
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
16.37
|
64.3
|
167.5
|
180.4
|
227.2
|
268.3
|
337.7
|
249.3
|
437.1
|
355.2
|
412.3
|
320
|
323
|
339
|
-
|
Net margin
|
1.1%
|
4.23%
|
11.79%
|
11.86%
|
14.01%
|
16.89%
|
19.72%
|
13.98%
|
23.51%
|
18.02%
|
22.58%
|
-
|
-
|
-
|
-
|
EPS
2 |
0.0400
|
0.1700
|
0.4400
|
0.4800
|
0.6000
|
0.7000
|
0.8900
|
0.6600
|
1.150
|
0.9400
|
0.9665
|
0.8408
|
0.8484
|
0.8926
|
-
|
Dividend per Share
2 |
0.1513
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
1.563
|
-
|
Announcement Date
|
11/3/21
|
3/29/22
|
5/2/22
|
8/2/22
|
11/3/22
|
3/21/23
|
5/2/23
|
7/31/23
|
10/26/23
|
3/21/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
2,819
|
3,040
|
2,751
|
3,124
|
-
|
3,821
|
4,056
|
3,276
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.603
x
|
1.578
x
|
1.418
x
|
1.576
x
|
-
|
1.281
x
|
1.388
x
|
0.9876
x
|
Free Cash Flow
1 |
942
|
1,726
|
1,644
|
1,038
|
-
|
855
|
750
|
790
|
ROE (net income / shareholders' equity)
|
11.6%
|
12.4%
|
8.14%
|
12%
|
-
|
16.9%
|
12.9%
|
15%
|
ROA (Net income/ Total Assets)
|
-
|
3.5%
|
4.39%
|
6.51%
|
-
|
9.15%
|
8.26%
|
8.14%
|
Assets
1 |
-
|
23,301
|
12,246
|
12,956
|
-
|
15,162
|
16,042
|
18,256
|
Book Value Per Share
2 |
17.80
|
17.00
|
17.80
|
19.10
|
-
|
22.20
|
24.00
|
25.20
|
Cash Flow per Share
2 |
3.280
|
4.590
|
4.420
|
2.950
|
-
|
8.370
|
-
|
-
|
Capex
1 |
302
|
-
|
1,012
|
1,264
|
-
|
1,632
|
1,812
|
1,857
|
Capex / Sales
|
5.94%
|
-
|
17.36%
|
20.46%
|
-
|
22.72%
|
22.9%
|
21.98%
|
Announcement Date
|
3/20/20
|
3/2/21
|
3/29/22
|
3/21/23
|
3/21/24
|
-
|
-
|
-
|
Last Close Price
21.57
BRL Average target price
21.98
BRL Spread / Average Target +1.90% Consensus |
1st Jan change
|
Capi.
|
---|
| +5.32% | 1.6B | | -8.49% | 23.53B | | -32.75% | 3.19B | | +13.79% | 2.54B | | -.--% | 2.12B | | -18.13% | 1.72B | | -10.87% | 1.52B | | +30.91% | 1.24B | | -11.02% | 1.15B | | +14.92% | 1.03B |
Water Supply & Irrigation Systems
|