Sayfa yüklenirken bir hata oluştu.
Teknik ekibimiz bilgilendirildi, ancak sorunun devam etmesi durumunda lütfen e-posta destek widget ile bize ulaşın.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM EBIT Multiple | 8,4x - 9,3x | 8,8x |
| Selected Fwd EBIT Multiple | 9,1x - 10,1x | 9,6x |
| Fair Value | R$4,57 - R$6,37 | R$5,47 |
| Upside | 13,0% - 57,6% | 35,3% |
| Benchmarks | Ticker | Full Ticker |
| JOSAPAR Joaquim Oliveira S.A. Participações | JOPA3 | BOVESPA:JOPA3 |
| São Martinho S.A. | SMTO3 | BOVESPA:SMTO3 |
| BRF S.A. | BRFS3 | BOVESPA:BRFS3 |
| M. Dias Branco S.A. Indústria e Comércio de Alimentos | MDIA3 | BOVESPA:MDIA3 |
| Excelsior Alimentos S.A. | BAUH4 | BOVESPA:BAUH4 |
| Camil Alimentos S.A. | CAML3 | BOVESPA:CAML3 |
| - | - | - |
| Select LTM EBIT Multiple | |||||||
| Benchmark Companies | |||||||
| JOPA3 | SMTO3 | BRFS3 | MDIA3 | BAUH4 | CAML3 | ||
| BOVESPA:JOPA3 | BOVESPA:SMTO3 | BOVESPA:BRFS3 | BOVESPA:MDIA3 | BOVESPA:BAUH4 | BOVESPA:CAML3 | ||
| Historical EBIT Growth | |||||||
| 5Y CAGR | 30.2% | 31.6% | 24.6% | 11.6% | 3.3% | 11.4% | |
| 3Y CAGR | 9.4% | 14.7% | 33.2% | 26.9% | 101.9% | 0.5% | |
| Latest Twelve Months | -13.5% | 18.9% | 1069.1% | -17.1% | 64.5% | 24.3% | |
| Historical EBIT Profit Margin | |||||||
| 5 Year Average Margin | 5.8% | 33.2% | 4.8% | 8.6% | 6.1% | 6.4% | |
| Prior Fiscal Year | 6.0% | 31.3% | 1.1% | 10.4% | 5.1% | 4.8% | |
| Latest Fiscal Year | 5.0% | 33.9% | 11.0% | 9.7% | 7.6% | 5.6% | |
| Latest Twelve Months | 5.0% | 27.0% | 11.0% | 9.7% | 7.6% | 5.7% | |
| Current Trading Multiples | |||||||
| EV / LTM Revenue | 0.39x | 1.82x | 0.77x | 0.90x | 1.53x | 0.47x | |
| EV / LTM EBITDA | 7.0x | 3.4x | 5.2x | 7.3x | 16.5x | 6.4x | |
| EV / LTM EBIT | 7.8x | 6.7x | 7.0x | 9.3x | 20.1x | 8.2x | |
| Low | Mid | High | |||||
| Benchmark EV / LTM EBIT | 6.7x | 7.8x | 20.1x | ||||
| Historical EV / LTM EBIT | 8.6x | 9.9x | 17.2x | ||||
| Selected EV / LTM EBIT | 8.4x | 8.8x | 9.3x | ||||
| (x) LTM EBIT | 687 | 687 | 687 | ||||
| (=) Implied Enterprise Value | 5,759 | 6,062 | 6,365 | ||||
| (-) Non-shareholder Claims * | (4,276) | (4,276) | (4,276) | ||||
| (=) Equity Value | 1,482 | 1,785 | 2,089 | ||||
| (/) Shares Outstanding | 341.1 | 341.1 | 341.1 | ||||
| Implied Value Range | 4.35 | 5.23 | 6.12 | ||||
| FX Rate: BRL/BRL | 1.0 | 1.0 | 1.0 | Market Price | |||
| Implied Value Range (Trading Cur) | 4.35 | 5.23 | 6.12 | 4.04 | |||
| Upside / (Downside) | 7.6% | 29.6% | 51.6% | ||||
| Equity Waterfall | |||||||
| Benchmark Companies | |||||||
| (in millions) | JOPA3 | SMTO3 | BRFS3 | MDIA3 | BAUH4 | CAML3 | |
| Enterprise Value | 853 | 14,215 | 47,018 | 8,954 | 378 | 5,654 | |
| (+) Cash & Short Term Investments | 748 | 3,256 | 12,059 | 2,170 | 35 | 1,831 | |
| (+) Investments & Other | 4 | 217 | 453 | 32 | 0 | 91 | |
| (-) Debt | (1,222) | (11,511) | (24,733) | (2,745) | (1) | (6,198) | |
| (-) Other Liabilities | (163) | 0 | (1,414) | 0 | 0 | (0) | |
| (-) Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | |
| (-) Other | 0 | 0 | 0 | 0 | 0 | 0 | |
| Value of Common Equity | 221 | 6,178 | 33,384 | 8,411 | 412 | 1,378 | |
| (/) Shares Outstanding | 10.6 | 330.4 | 1,614.3 | 335.2 | 5.2 | 341.1 | |
| Implied Stock Price | 20.90 | 18.70 | 20.68 | 25.09 | 78.98 | 4.04 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 20.90 | 18.70 | 20.68 | 25.09 | 78.98 | 4.04 | |
| Trading Currency | BRL | BRL | BRL | BRL | BRL | BRL | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |