Real-time Estimate
Tradegate
03:59:35 20/06/2024 pm IST
|
5-day change
|
1st Jan Change
|
12.45
EUR
|
+1.22%
|
|
-0.81%
|
-10.87%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
41,393
|
30,375
|
27,463
|
39,069
|
51,516
|
49,295
|
-
|
-
|
Enterprise Value (EV)
1 |
52,385
|
43,826
|
42,036
|
54,483
|
67,787
|
67,363
|
72,340
|
76,571
|
P/E ratio
|
12.3
x
|
31.3
x
|
11.9
x
|
12.5
x
|
14.6
x
|
11.9
x
|
10.7
x
|
7.92
x
|
Yield
|
2.27%
|
0.9%
|
2.35%
|
2.23%
|
1.91%
|
2.05%
|
2.2%
|
2.92%
|
Capitalization / Revenue
|
2.3
x
|
1.71
x
|
1.41
x
|
1.77
x
|
2.01
x
|
1.85
x
|
1.55
x
|
1.4
x
|
EV / Revenue
|
2.91
x
|
2.46
x
|
2.16
x
|
2.47
x
|
2.65
x
|
2.53
x
|
2.27
x
|
2.17
x
|
EV / EBITDA
|
6.97
x
|
6.82
x
|
6.6
x
|
7.69
x
|
7.44
x
|
6.41
x
|
6.06
x
|
5.41
x
|
EV / FCF
|
56.7
x
|
26.8
x
|
252
x
|
159
x
|
94.7
x
|
21.6
x
|
19.4
x
|
15.4
x
|
FCF Yield
|
1.76%
|
3.73%
|
0.4%
|
0.63%
|
1.06%
|
4.62%
|
5.16%
|
6.48%
|
Price to Book
|
1.91
x
|
1.33
x
|
1.1
x
|
1.43
x
|
1.73
x
|
1.49
x
|
1.33
x
|
1.17
x
|
Nbr of stocks (in thousands)
|
6,83,510
|
6,83,510
|
6,83,510
|
6,83,510
|
6,83,510
|
6,83,510
|
-
|
-
|
Reference price
2 |
60.56
|
44.44
|
40.18
|
57.16
|
75.37
|
72.12
|
72.12
|
72.12
|
Announcement Date
|
27/03/20
|
25/03/21
|
24/03/22
|
23/03/23
|
22/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
17,984
|
17,798
|
19,491
|
22,056
|
25,572
|
26,670
|
31,836
|
35,336
|
EBITDA
1 |
7,510
|
6,422
|
6,373
|
7,088
|
9,108
|
10,515
|
11,943
|
14,156
|
EBIT
1 |
5,730
|
4,492
|
4,098
|
4,645
|
6,346
|
7,467
|
8,728
|
10,904
|
Operating Margin
|
31.86%
|
25.24%
|
21.02%
|
21.06%
|
24.82%
|
28%
|
27.41%
|
30.86%
|
Earnings before Tax (EBT)
1 |
4,678
|
1,326
|
3,170
|
4,273
|
4,754
|
6,264
|
6,297
|
8,775
|
Net income
1 |
3,368
|
973.3
|
2,306
|
3,121
|
3,524
|
4,151
|
4,830
|
6,216
|
Net margin
|
18.73%
|
5.47%
|
11.83%
|
14.15%
|
13.78%
|
15.56%
|
15.17%
|
17.59%
|
EPS
2 |
4.930
|
1.420
|
3.370
|
4.570
|
5.160
|
6.050
|
6.755
|
9.105
|
Free Cash Flow
1 |
923.8
|
1,636
|
166.8
|
343.4
|
715.8
|
3,112
|
3,731
|
4,963
|
FCF margin
|
5.14%
|
9.19%
|
0.86%
|
1.56%
|
2.8%
|
11.67%
|
11.72%
|
14.05%
|
FCF Conversion (EBITDA)
|
12.3%
|
25.48%
|
2.62%
|
4.84%
|
7.86%
|
29.59%
|
31.24%
|
35.06%
|
FCF Conversion (Net income)
|
27.43%
|
168.1%
|
7.23%
|
11%
|
20.31%
|
74.96%
|
77.26%
|
79.85%
|
Dividend per Share
2 |
1.377
|
0.3979
|
0.9427
|
1.276
|
1.440
|
1.481
|
1.586
|
2.104
|
Announcement Date
|
27/03/20
|
25/03/21
|
24/03/22
|
23/03/23
|
22/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
-
|
5,064
|
4,870
|
5,265
|
5,988
|
5,932
|
-
|
5,698
|
6,155
|
6,453
|
7,266
|
6,560
|
5,164
|
5,287
|
5,430
|
6,081
|
-
|
EBITDA
1 |
4,734
|
1,494
|
1,721
|
1,510
|
2,136
|
1,720
|
-
|
2,035
|
1,691
|
2,414
|
2,438
|
2,429
|
2,412
|
2,795
|
3,000
|
3,178
|
2,574
|
EBIT
1 |
-
|
878.8
|
1,134
|
914.1
|
1,522
|
1,077
|
2,597
|
1,392
|
1,071
|
1,702
|
2,174
|
1,662
|
1,663
|
2,047
|
2,254
|
2,704
|
-
|
Operating Margin
|
-
|
17.35%
|
23.29%
|
17.36%
|
25.43%
|
18.16%
|
-
|
24.44%
|
17.4%
|
26.37%
|
29.92%
|
25.34%
|
32.21%
|
38.72%
|
41.52%
|
44.47%
|
-
|
Earnings before Tax (EBT)
1 |
-
|
565.1
|
-
|
-
|
1,638
|
570.6
|
-
|
1,133
|
1,057
|
-
|
1,287
|
1,324
|
1,311
|
1,785
|
1,724
|
2,242
|
-
|
Net income
1 |
-
|
567.5
|
975.5
|
422.5
|
1,081
|
642.2
|
-
|
747.2
|
743.7
|
846.3
|
1,186
|
823.3
|
989.9
|
1,085
|
1,243
|
1,480
|
-
|
Net margin
|
-
|
11.21%
|
20.03%
|
8.02%
|
18.05%
|
10.83%
|
-
|
13.11%
|
12.08%
|
13.11%
|
16.33%
|
12.55%
|
19.17%
|
20.52%
|
22.88%
|
24.34%
|
-
|
EPS
2 |
-
|
0.8300
|
1.430
|
0.6200
|
1.582
|
0.9430
|
-
|
1.090
|
1.090
|
1.238
|
1.740
|
1.205
|
1.447
|
1.586
|
1.818
|
2.165
|
-
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
1.535
|
-
|
-
|
Announcement Date
|
27/03/20
|
24/03/22
|
06/05/22
|
12/08/22
|
10/11/22
|
23/03/23
|
23/03/23
|
15/05/23
|
10/08/23
|
09/11/23
|
22/03/24
|
09/05/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
10,991
|
13,451
|
14,573
|
15,413
|
16,271
|
18,068
|
23,045
|
27,276
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.463
x
|
2.095
x
|
2.287
x
|
2.175
x
|
1.786
x
|
1.718
x
|
1.93
x
|
1.927
x
|
Free Cash Flow
1 |
924
|
1,636
|
167
|
343
|
716
|
3,112
|
3,731
|
4,963
|
ROE (net income / shareholders' equity)
|
16.4%
|
4.38%
|
9.66%
|
11.9%
|
6.16%
|
13%
|
14.4%
|
15.6%
|
ROA (Net income/ Total Assets)
|
7.48%
|
2.01%
|
4.45%
|
5.66%
|
2.97%
|
8.45%
|
9.2%
|
8.85%
|
Assets
1 |
45,011
|
48,437
|
51,792
|
55,187
|
1,18,679
|
49,141
|
52,503
|
70,248
|
Book Value Per Share
2 |
31.70
|
33.30
|
36.50
|
40.00
|
43.50
|
48.30
|
54.30
|
61.70
|
Cash Flow per Share
2 |
6.140
|
7.280
|
5.730
|
5.800
|
7.070
|
11.70
|
13.80
|
19.10
|
Capex
1 |
3,273
|
3,342
|
3,747
|
3,624
|
4,139
|
6,342
|
10,526
|
11,417
|
Capex / Sales
|
18.2%
|
18.78%
|
19.22%
|
16.43%
|
16.18%
|
23.78%
|
33.06%
|
32.31%
|
Announcement Date
|
27/03/20
|
25/03/21
|
24/03/22
|
23/03/23
|
22/03/24
|
-
|
-
|
-
|
Last Close Price
72.12
BRL Average target price
101.5
BRL Spread / Average Target +40.67% Consensus |
1st Jan change
|
Capi.
|
---|
| -0.99% | 1.01TCr | | -5.85% | 918.31Cr | | -6.45% | 876.39Cr | | +31.11% | 305.09Cr | | +1.12% | 275.12Cr | | -12.43% | 262.17Cr | | -18.76% | 218.45Cr | | +29.98% | 200.78Cr | | +29.44% | 168.67Cr |
Other Water Utilities
|