Market Closed -
Sao Paulo
01:37:39 25/06/2024 am IST
|
5-day change
|
1st Jan Change
|
13.29
BRL
|
+3.02%
|
|
+2.39%
|
-28.93%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
11,781
|
9,738
|
4,609
|
2,929
|
4,079
|
2,899
|
-
|
-
|
Enterprise Value (EV)
1 |
10,530
|
8,678
|
3,741
|
2,688
|
4,173
|
2,656
|
2,305
|
2,899
|
P/E ratio
|
36.3
x
|
24
x
|
10.8
x
|
9.07
x
|
17.3
x
|
9.61
x
|
7.88
x
|
5.42
x
|
Yield
|
0.83%
|
0.99%
|
2.25%
|
2.61%
|
-
|
2.35%
|
10.5%
|
6.08%
|
Capitalization / Revenue
|
14.6
x
|
10.4
x
|
4.81
x
|
2.61
x
|
3.77
x
|
2.33
x
|
1.93
x
|
1.91
x
|
EV / Revenue
|
13.1
x
|
9.27
x
|
3.91
x
|
2.4
x
|
3.85
x
|
2.13
x
|
1.53
x
|
1.91
x
|
EV / EBITDA
|
45.5
x
|
30.6
x
|
11.7
x
|
10.7
x
|
20
x
|
9.25
x
|
5.94
x
|
5.72
x
|
EV / FCF
|
132
x
|
-75.1
x
|
-146
x
|
-7.31
x
|
-18
x
|
-9.87
x
|
8.17
x
|
32.6
x
|
FCF Yield
|
0.76%
|
-1.33%
|
-0.68%
|
-13.7%
|
-5.56%
|
-10.1%
|
12.2%
|
3.07%
|
Price to Book
|
3.13
x
|
2.39
x
|
1.06
x
|
0.66
x
|
0.88
x
|
0.6
x
|
0.6
x
|
0.53
x
|
Nbr of stocks (in thousands)
|
2,27,000
|
2,27,000
|
2,25,357
|
2,18,126
|
2,18,126
|
2,18,126
|
-
|
-
|
Reference price
2 |
51.90
|
42.90
|
20.45
|
13.43
|
18.70
|
13.29
|
13.29
|
13.29
|
Announcement Date
|
19/03/20
|
16/03/21
|
17/03/22
|
16/03/23
|
14/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
804.4
|
936.6
|
957.9
|
1,121
|
1,083
|
1,245
|
1,502
|
1,516
|
EBITDA
1 |
231.6
|
283.3
|
320.7
|
251.6
|
208.8
|
287.3
|
387.8
|
507.1
|
EBIT
1 |
220.1
|
266.1
|
309.7
|
239.7
|
189.1
|
243.8
|
327.3
|
460
|
Operating Margin
|
27.36%
|
28.41%
|
32.34%
|
21.38%
|
17.46%
|
19.58%
|
21.79%
|
30.34%
|
Earnings before Tax (EBT)
1 |
313.2
|
434.2
|
478.2
|
377.9
|
273.9
|
355.4
|
522.5
|
606
|
Net income
1 |
281.1
|
405.2
|
430.1
|
324.7
|
239.5
|
314.5
|
418.7
|
542.1
|
Net margin
|
34.94%
|
43.26%
|
44.9%
|
28.96%
|
22.11%
|
25.27%
|
27.87%
|
35.75%
|
EPS
2 |
1.430
|
1.790
|
1.900
|
1.480
|
1.080
|
1.383
|
1.687
|
2.453
|
Free Cash Flow
1 |
79.82
|
-115.5
|
-25.57
|
-367.8
|
-232
|
-269
|
282
|
89
|
FCF margin
|
9.92%
|
-12.33%
|
-2.67%
|
-32.8%
|
-21.42%
|
-21.61%
|
18.77%
|
5.87%
|
FCF Conversion (EBITDA)
|
34.47%
|
-
|
-
|
-
|
-
|
-
|
72.71%
|
17.55%
|
FCF Conversion (Net income)
|
28.4%
|
-
|
-
|
-
|
-
|
-
|
67.36%
|
16.42%
|
Dividend per Share
2 |
0.4300
|
0.4240
|
0.4600
|
0.3500
|
-
|
0.3126
|
1.402
|
0.8079
|
Announcement Date
|
19/03/20
|
16/03/21
|
17/03/22
|
16/03/23
|
14/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
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
|
2025 Q2
|
---|
Net sales
1 |
176.4
|
287.2
|
242.6
|
280.6
|
310.9
|
250.8
|
242.7
|
251.7
|
337.9
|
239.2
|
295.3
|
302.4
|
311.2
|
317.7
|
337.4
|
EBITDA
1 |
53.21
|
79.96
|
51.29
|
92.43
|
28.24
|
33.54
|
65
|
37.92
|
72.38
|
37.84
|
66.42
|
71.46
|
70.98
|
84
|
82.05
|
EBIT
1 |
50.35
|
-
|
48.74
|
88.78
|
25.23
|
29.19
|
58.2
|
31.19
|
70.5
|
31.97
|
55.94
|
65.91
|
65.31
|
82.56
|
80.56
|
Operating Margin
|
28.54%
|
-
|
20.09%
|
31.63%
|
8.12%
|
11.64%
|
23.98%
|
12.39%
|
20.86%
|
13.36%
|
18.94%
|
21.79%
|
20.99%
|
25.98%
|
23.88%
|
Earnings before Tax (EBT)
1 |
-
|
-
|
-
|
-
|
-
|
53.51
|
81.3
|
44.91
|
94.23
|
62.83
|
82.97
|
84.64
|
87.59
|
102.2
|
100.8
|
Net income
1 |
72.48
|
104.6
|
83.12
|
105.4
|
31.51
|
42.22
|
75.33
|
39.11
|
82.8
|
56.71
|
71.81
|
74.04
|
76.82
|
91.76
|
90.02
|
Net margin
|
41.09%
|
36.44%
|
34.27%
|
37.57%
|
10.14%
|
16.84%
|
31.04%
|
15.54%
|
24.5%
|
23.71%
|
24.32%
|
24.48%
|
24.69%
|
28.88%
|
26.68%
|
EPS
2 |
0.3300
|
0.4700
|
0.3800
|
0.4800
|
0.1500
|
0.1900
|
0.3500
|
0.1800
|
0.3600
|
0.2600
|
0.3215
|
0.3447
|
0.3811
|
0.4207
|
0.4127
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
0.0800
|
-
|
-
|
-
|
0.2655
|
-
|
-
|
-
|
0.3506
|
Announcement Date
|
17/03/22
|
12/05/22
|
11/08/22
|
10/11/22
|
16/03/23
|
11/05/23
|
10/08/23
|
09/11/23
|
14/03/24
|
02/05/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
93.9
|
-
|
-
|
-
|
Net Cash position
1 |
1,251
|
1,060
|
868
|
241
|
-
|
243
|
594
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
0.4496
x
|
-
|
-
|
-
|
Free Cash Flow
1 |
79.8
|
-116
|
-25.6
|
-368
|
-232
|
-269
|
282
|
89
|
ROE (net income / shareholders' equity)
|
10.8%
|
10.3%
|
10.3%
|
7.42%
|
5.25%
|
6.82%
|
9.79%
|
10.1%
|
ROA (Net income/ Total Assets)
|
7.75%
|
9.01%
|
8.79%
|
4.14%
|
4.2%
|
5.29%
|
5.72%
|
8.03%
|
Assets
1 |
3,625
|
4,496
|
4,896
|
7,842
|
5,706
|
5,947
|
7,323
|
6,749
|
Book Value Per Share
2 |
16.60
|
17.90
|
19.30
|
20.40
|
21.30
|
22.20
|
22.20
|
25.10
|
Cash Flow per Share
2 |
0.4300
|
-
|
0.9900
|
-1.590
|
-1.050
|
1.660
|
-1.430
|
-
|
Capex
1 |
3.94
|
55.8
|
34.6
|
18.1
|
3.45
|
9.39
|
17.6
|
34
|
Capex / Sales
|
0.49%
|
5.96%
|
3.61%
|
1.61%
|
0.32%
|
0.75%
|
1.17%
|
2.24%
|
Announcement Date
|
19/03/20
|
16/03/21
|
17/03/22
|
16/03/23
|
14/03/24
|
-
|
-
|
-
|
Last Close Price
13.29
BRL Average target price
20.5
BRL Spread / Average Target +54.25% Consensus |
1st Jan change
|
Capi.
|
---|
| -28.93% | 537M | | -7.39% | 23.33B | | -33.17% | 10.67B | | +8.89% | 10.83B | | -25.65% | 7.58B | | -13.31% | 6.4B | | -7.85% | 6.01B | | -4.64% | 6.04B | | +52.48% | 3.94B | | +1.89% | 3.69B |
Residential Real Estate Development
|