Market Closed -
Sao Paulo
01:37:32 27/04/2024 am IST
|
5-day change
|
1st Jan Change
|
18.63
BRL
|
-5.05%
|
|
-3.07%
|
-5.91%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
32,297
|
39,208
|
43,755
|
46,237
|
40,123
|
37,433
|
-
|
-
|
Enterprise Value (EV)
1 |
42,052
|
49,065
|
51,008
|
53,410
|
45,671
|
41,511
|
40,379
|
40,183
|
P/E ratio
|
28.6
x
|
17.7
x
|
3.02
x
|
4.37
x
|
5.58
x
|
8
x
|
7.6
x
|
7.87
x
|
Yield
|
1.05%
|
1.72%
|
11.5%
|
13%
|
6.36%
|
4.25%
|
4.63%
|
4.54%
|
Capitalization / Revenue
|
0.81
x
|
0.89
x
|
0.56
x
|
0.56
x
|
0.58
x
|
0.57
x
|
0.56
x
|
0.54
x
|
EV / Revenue
|
1.06
x
|
1.12
x
|
0.65
x
|
0.65
x
|
0.66
x
|
0.63
x
|
0.6
x
|
0.57
x
|
EV / EBITDA
|
7.36
x
|
6.38
x
|
2.2
x
|
2.48
x
|
3.38
x
|
3.91
x
|
3.68
x
|
3.52
x
|
EV / FCF
|
9.56
x
|
10.3
x
|
5.37
x
|
7.79
x
|
7.7
x
|
22
x
|
12.7
x
|
11.3
x
|
FCF Yield
|
10.5%
|
9.7%
|
18.6%
|
12.8%
|
13%
|
4.55%
|
7.86%
|
8.85%
|
Price to Book
|
1.26
x
|
1.36
x
|
1.1
x
|
1.06
x
|
0.56
x
|
0.74
x
|
0.71
x
|
0.67
x
|
Nbr of stocks (in thousands)
|
21,38,840
|
21,43,463
|
21,49,034
|
21,02,851
|
20,99,197
|
20,99,427
|
-
|
-
|
Reference price
2 |
15.87
|
19.40
|
21.63
|
23.31
|
19.80
|
18.63
|
18.63
|
18.63
|
Announcement Date
|
19/02/20
|
24/02/21
|
23/02/22
|
01/03/23
|
20/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
39,644
|
43,815
|
78,345
|
82,412
|
68,916
|
66,033
|
67,123
|
69,902
|
EBITDA
1 |
5,712
|
7,690
|
23,222
|
21,508
|
13,502
|
10,609
|
10,962
|
11,421
|
EBIT
1 |
3,184
|
5,194
|
21,023
|
17,751
|
10,453
|
7,035
|
6,983
|
7,393
|
Operating Margin
|
8.03%
|
11.86%
|
26.83%
|
21.54%
|
15.17%
|
10.65%
|
10.4%
|
10.58%
|
Earnings before Tax (EBT)
1 |
1,675
|
3,496
|
20,273
|
15,859
|
9,347
|
6,420
|
6,426
|
6,942
|
Net income
1 |
1,217
|
2,388
|
15,559
|
11,426
|
7,537
|
4,908
|
5,086
|
5,180
|
Net margin
|
3.07%
|
5.45%
|
19.86%
|
13.86%
|
10.94%
|
7.43%
|
7.58%
|
7.41%
|
EPS
2 |
0.5556
|
1.095
|
7.175
|
5.333
|
3.550
|
2.328
|
2.450
|
2.366
|
Free Cash Flow
1 |
4,400
|
4,757
|
9,491
|
6,858
|
5,930
|
1,890
|
3,174
|
3,555
|
FCF margin
|
11.1%
|
10.86%
|
12.11%
|
8.32%
|
8.6%
|
2.86%
|
4.73%
|
5.09%
|
FCF Conversion (EBITDA)
|
77.03%
|
61.86%
|
40.87%
|
31.89%
|
43.92%
|
17.81%
|
28.95%
|
31.12%
|
FCF Conversion (Net income)
|
361.58%
|
199.21%
|
61%
|
60.03%
|
78.67%
|
38.51%
|
62.39%
|
68.62%
|
Dividend per Share
2 |
0.1667
|
0.3333
|
2.492
|
3.025
|
1.258
|
0.7920
|
0.8630
|
0.8464
|
Announcement Date
|
19/02/20
|
24/02/21
|
23/02/22
|
01/03/23
|
20/02/24
|
-
|
-
|
-
|
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
|
---|
Net sales
1 |
21,317
|
21,555
|
20,330
|
22,968
|
21,149
|
17,964
|
18,872
|
18,265
|
17,063
|
14,716
|
16,422
|
17,351
|
17,220
|
16,266
|
EBITDA
1 |
8,061
|
5,983
|
5,827
|
6,680
|
5,369
|
3,630
|
4,341
|
3,792
|
3,349
|
2,039
|
2,553
|
2,858
|
2,898
|
2,465
|
EBIT
1 |
7,389
|
4,514
|
5,014
|
5,791
|
4,463
|
2,485
|
4,292
|
2,885
|
2,384
|
891.2
|
1,727
|
2,040
|
2,125
|
1,730
|
Operating Margin
|
34.66%
|
20.94%
|
24.66%
|
25.21%
|
21.1%
|
13.83%
|
22.74%
|
15.79%
|
13.97%
|
6.06%
|
10.52%
|
11.75%
|
12.34%
|
10.64%
|
Earnings before Tax (EBT)
1 |
7,466
|
3,898
|
4,510
|
5,430
|
3,932
|
1,987
|
4,242
|
2,462
|
-
|
735.7
|
1,553
|
1,898
|
1,952
|
1,524
|
Net income
1 |
5,594
|
3,560
|
2,940
|
4,298
|
3,022
|
1,208
|
3,206
|
2,136
|
1,592
|
587
|
1,063
|
1,328
|
1,367
|
1,067
|
Net margin
|
26.24%
|
16.52%
|
14.46%
|
18.71%
|
14.29%
|
6.72%
|
16.99%
|
11.69%
|
9.33%
|
3.99%
|
6.47%
|
7.66%
|
7.94%
|
6.56%
|
EPS
2 |
2.587
|
1.611
|
1.357
|
1.984
|
1.413
|
0.5873
|
1.517
|
1.008
|
0.7500
|
0.2750
|
0.4889
|
0.6190
|
0.6259
|
0.5512
|
Dividend per Share
2 |
0.3016
|
0.1587
|
0.4524
|
0.5635
|
1.706
|
0.1667
|
0.4250
|
0.3583
|
-
|
0.0833
|
0.0834
|
0.2021
|
0.2021
|
0.2021
|
Announcement Date
|
27/10/21
|
23/02/22
|
05/05/22
|
03/08/22
|
09/11/22
|
01/03/23
|
03/05/23
|
08/08/23
|
06/11/23
|
20/02/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
9,755
|
9,857
|
7,253
|
7,173
|
5,548
|
4,078
|
2,945
|
2,750
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.708
x
|
1.282
x
|
0.3123
x
|
0.3335
x
|
0.4109
x
|
0.3843
x
|
0.2687
x
|
0.2408
x
|
Free Cash Flow
1 |
4,400
|
4,757
|
9,491
|
6,858
|
5,930
|
1,890
|
3,174
|
3,555
|
ROE (net income / shareholders' equity)
|
4.92%
|
8.33%
|
37.8%
|
26.1%
|
15.8%
|
9.08%
|
8.72%
|
8.37%
|
ROA (Net income/ Total Assets)
|
2.46%
|
4.08%
|
22.7%
|
15.7%
|
10.1%
|
6.22%
|
6.81%
|
6.83%
|
Assets
1 |
49,463
|
58,562
|
68,469
|
72,728
|
74,344
|
78,861
|
74,649
|
75,842
|
Book Value Per Share
2 |
12.60
|
14.30
|
19.70
|
22.00
|
35.60
|
25.20
|
26.20
|
27.70
|
Cash Flow per Share
2 |
0.7500
|
2.940
|
5.800
|
5.210
|
8.010
|
4.300
|
4.760
|
5.050
|
Capex
1 |
1,747
|
1,651
|
3,026
|
4,292
|
5,209
|
5,976
|
5,418
|
5,103
|
Capex / Sales
|
4.41%
|
3.77%
|
3.86%
|
5.21%
|
7.56%
|
9.05%
|
8.07%
|
7.3%
|
Announcement Date
|
19/02/20
|
24/02/21
|
23/02/22
|
01/03/23
|
20/02/24
|
-
|
-
|
-
|
Last Close Price
18.63
BRL Average target price
24.26
BRL Spread / Average Target +30.23% Consensus |
1st Jan change
|
Capi.
|
---|
| -5.91% | 7.3B | | +0.79% | 42.1B | | +18.89% | 24.83B | | -21.02% | 21.75B | | +13.50% | 21.17B | | -7.50% | 20.77B | | +6.81% | 9.44B | | -12.44% | 8.5B | | -23.08% | 8.41B | | +36.31% | 8.35B |
Other Steel
|