PETRORECONCAVO S.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 21.48 BRL | +4.81% |
|
-1.42% | -1.10% |
| Apr. 25 | Eneva, Petroreconcavo Refute Tie-Up Talks | CI |
| Apr. 25 | Brazil's Eneva, PetroReconcavo say they are not discussing merger | RE |
Valuation
| Fiscal Period: December | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 4,645 | 9,700 | 6,366 | 6,296 | - | - |
| Enterprise Value (EV) 1 | 4,583 | 8,744 | 6,366 | 6,734 | 6,297 | 5,899 |
| P/E ratio | 23.4 x | 7.85 x | 8.98 x | 5.37 x | 4.29 x | 5.64 x |
| Yield | 0.87% | - | - | 6.24% | 10.4% | 12.3% |
| Capitalization / Revenue | 4.46 x | 3.26 x | 2.26 x | 1.71 x | 1.47 x | 1.35 x |
| EV / Revenue | 4.4 x | 2.94 x | 2.26 x | 1.83 x | 1.47 x | 1.27 x |
| EV / EBITDA | 8.57 x | 5.43 x | 4.98 x | 3.37 x | 2.57 x | 2.14 x |
| EV / FCF | - | - | - | 6.84 x | 2.58 x | 1.54 x |
| FCF Yield | - | - | - | 14.6% | 38.8% | 64.8% |
| Price to Book | 2.48 x | - | - | 1.26 x | 1.1 x | 1.07 x |
| Nbr of stocks (in thousands) | 248,376 | 292,775 | 293,112 | 293,112 | - | - |
| Reference price 2 | 18.70 | 33.13 | 21.72 | 21.48 | 21.48 | 21.48 |
| Announcement Date | 3/22/22 | 3/22/23 | 3/6/24 | - | - | - |
1BRL in Million2BRL
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net sales 1 | 787.8 | 1,041 | 2,976 | 2,814 | 3,677 | 4,293 | 4,659 |
| EBITDA 1 | - | 534.8 | 1,609 | 1,278 | 1,996 | 2,450 | 2,755 |
| EBIT 1 | - | 284.6 | 1,258 | 679.8 | 1,348 | 1,763 | 2,117 |
| Operating Margin | - | 27.35% | 42.28% | 24.16% | 36.67% | 41.05% | 45.44% |
| Earnings before Tax (EBT) 1 | - | - | 1,325 | 728.8 | 1,540 | 1,865 | 1,858 |
| Net income 1 | -81.76 | - | 1,153 | 708.9 | 1,294 | 1,517 | 1,475 |
| Net margin | -10.38% | - | 38.76% | 25.19% | 35.19% | 35.34% | 31.66% |
| EPS 2 | - | 0.7986 | 4.218 | 2.418 | 3.999 | 5.002 | 3.811 |
| Free Cash Flow 1 | - | - | - | - | 985 | 2,441 | 3,826 |
| FCF margin | - | - | - | - | 26.79% | 56.85% | 82.11% |
| FCF Conversion (EBITDA) | - | - | - | - | 49.35% | 99.63% | 138.84% |
| FCF Conversion (Net income) | - | - | - | - | 76.12% | 160.89% | 259.33% |
| Dividend per Share 2 | - | 0.1633 | - | - | 1.340 | 2.238 | 2.637 |
| Announcement Date | 2/25/21 | 3/22/22 | 3/22/23 | 3/6/24 | - | - | - |
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 | 260.3 | 285.4 | 703.5 | 691 | 804.8 | 776.6 | 719.2 | 658.3 | 747.8 | 689 | 750.5 | 869.7 | 920.9 | 965.6 |
| EBITDA 1 | - | 137.2 | 414.7 | 379.9 | 423.4 | 391.4 | 334.8 | 319.2 | 377.3 | 246.7 | 365.2 | 483.6 | 524.8 | 536.9 |
| EBIT 1 | 56.94 | 94.12 | 344.8 | 294.8 | 310.9 | 307.8 | 230.9 | 174.1 | 194.9 | 79.94 | 238.4 | 358.4 | 400.9 | 432.8 |
| Operating Margin | 21.87% | 32.98% | 49.01% | 42.66% | 38.62% | 39.63% | 32.11% | 26.44% | 26.06% | 11.6% | 31.77% | 41.21% | 43.53% | 44.82% |
| Earnings before Tax (EBT) 1 | - | - | - | - | - | 360.7 | - | - | - | - | 239 | 246 | 275 | 300 |
| Net income 1 | - | - | - | - | 211.9 | 408.6 | 199.5 | 177.6 | 145.1 | 186.7 | 157.2 | 305.6 | 368.1 | 392.1 |
| Net margin | - | - | - | - | 26.33% | 52.62% | 27.74% | 26.98% | 19.4% | 27.1% | 20.95% | 35.13% | 39.97% | 40.61% |
| EPS 2 | - | 0.3054 | 1.610 | 0.5100 | 0.7222 | 1.376 | 0.6810 | 0.6060 | 0.4950 | - | 0.5636 | 0.8434 | 0.6684 | 0.6827 |
| Dividend per Share | - | 0.1633 | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/10/21 | 3/22/22 | 5/5/22 | 8/10/22 | 11/10/22 | 3/22/23 | 5/12/23 | 8/10/23 | 11/9/23 | 3/6/24 | - | - | - | - |
1BRL in Million2BRL
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | 438 | 0.61 | - |
| Net Cash position 1 | - | 61.5 | 956 | - | - | - | 397 |
| Leverage (Debt/EBITDA) | - | - | - | - | 0.2193 x | 0.000247 x | - |
| Free Cash Flow 1 | - | - | - | - | 985 | 2,441 | 3,826 |
| ROE (net income / shareholders' equity) | - | 9.51% | 40.6% | - | 32.4% | 38.5% | 39.2% |
| ROA (Net income/ Total Assets) | - | - | - | - | 38.3% | 42.6% | 46.8% |
| Assets 1 | - | - | - | - | 3,376 | 3,565 | 3,150 |
| Book Value Per Share 2 | - | 7.540 | - | - | 17.10 | 19.50 | 20.00 |
| Cash Flow per Share 2 | - | - | 5.510 | 4.750 | 6.550 | 7.160 | - |
| Capex 1 | - | - | 1,228 | - | 644 | 866 | 955 |
| Capex / Sales | - | - | 41.25% | - | 17.5% | 20.16% | 20.5% |
| Announcement Date | 2/25/21 | 3/22/22 | 3/22/23 | 3/6/24 | - | - | - |
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
D+
Sell
Buy
Mean consensus
BUY
Number of Analysts
11
Last Close Price
21.48
BRL
Average target price
30.58
BRL
Spread / Average Target
+42.36%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -1.10% | 1.24B | |
| +12.56% | 7.62B | |
| +5.19% | 4.39B | |
| +17.39% | 2.4B | |
| +15.83% | 1.96B | |
| -5.13% | 1.77B | |
| -.--% | 1.12B | |
| +9.53% | 592M | |
| +10.19% | 523M | |
| +20.78% | 405M |
- Stock Market
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- Financials Petroreconcavo S.A.