Financials JSL S.A.

Equities

JSLG3

BRJSLGACNOR2

Ground Freight & Logistics

Market Closed - Sao Paulo 01:37:59 27/04/2024 am IST 5-day change 1st Jan Change
12 BRL +0.08% Intraday chart for JSL S.A. -3.46% -3.61%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 5,536 3,011 2,144 1,568 3,542 3,414 - -
Enterprise Value (EV) 1 13,136 4,909 5,135 5,435 9,137 9,124 9,128 10,378
P/E ratio 25 x 56 x 5.93 x 6.05 x 7.54 x 9.92 x 5.69 x -
Yield 0.82% 1.16% 3% 4.28% - 3.93% 4.45% -
Capitalization / Revenue 0.57 x 1.07 x 0.5 x 0.26 x 0.47 x 0.36 x 0.32 x 0.29 x
EV / Revenue 1.36 x 1.74 x 1.2 x 0.9 x 1.21 x 0.96 x 0.86 x 0.88 x
EV / EBITDA 6.21 x 11.4 x 6.77 x 5.03 x 5.29 x 4.85 x 4.26 x 4.43 x
EV / FCF -2.12 x -6.43 x -5.48 x -11.6 x - 37.4 x 18.2 x -
FCF Yield -47.1% -15.6% -18.3% -8.63% - 2.67% 5.49% -
Price to Book 2.33 x 2.16 x 1.61 x 0.83 x - 1.76 x 1.34 x -
Nbr of stocks (in thousands) 2,06,789 2,78,288 2,84,728 2,84,514 2,84,535 2,84,535 - -
Reference price 2 26.77 10.82 7.530 5.510 12.45 12.00 12.00 12.00
Announcement Date 31/03/20 08/03/21 22/02/22 14/02/23 19/03/24 - - -
1BRL in Million2BRL
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 9,686 2,827 4,296 6,022 7,575 9,526 10,674 11,791
EBITDA 1 2,116 431.5 758.1 1,080 1,728 1,882 2,142 2,342
EBIT 1 1,199 195.4 523.9 768.8 1,281 1,400 1,521 1,698
Operating Margin 12.38% 6.91% 12.2% 12.77% 16.92% 14.7% 14.25% 14.4%
Earnings before Tax (EBT) 1 431.1 10.65 322.5 166.4 377.8 509.3 817.7 861
Net income 1 225.9 40.97 270.8 194.2 351.8 344.1 564.9 568
Net margin 2.33% 1.45% 6.3% 3.22% 4.64% 3.61% 5.29% 4.82%
EPS 2 1.071 0.1933 1.270 0.9114 1.651 1.210 2.107 -
Free Cash Flow 1 -6,182 -763.8 -937.2 -469 - 244 501 -
FCF margin -63.82% -27.02% -21.82% -7.79% - 2.56% 4.69% -
FCF Conversion (EBITDA) - - - - - 12.96% 23.39% -
FCF Conversion (Net income) - - - - - 70.91% 88.69% -
Dividend per Share 2 0.2182 0.1256 0.2259 0.2361 - 0.4713 0.5343 -
Announcement Date 31/03/20 08/03/21 22/02/22 14/02/23 19/03/24 - - -
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
Net sales 1 1,178 1,328 1,296 1,439 1,625 1,662 1,846 1,840 2,010 2,161 2,073 - -
EBITDA 1 198 220.3 219.5 250.7 298.9 310.7 306.1 358.5 393 415.7 407.5 459.2 500.3
EBIT 1 136.3 147.8 155.9 184.9 222.4 212.4 - 257.5 278.8 287.3 273 - -
Operating Margin 11.58% 11.13% 12.03% 12.85% 13.69% 12.78% - 14% 13.87% 13.29% 13.17% - -
Earnings before Tax (EBT) - - 43.63 34.85 50.37 37.5 - 284.2 - 45.35 - - -
Net income 1 - - - - - - - 205.2 46.86 72.9 43 - -
Net margin - - - - - - - 11.16% 2.33% 3.37% 2.07% - -
EPS 0.3898 0.2439 0.1549 0.1399 0.1753 0.4413 - 0.9633 0.2199 0.3420 - - -
Dividend per Share 2 - 0.2259 - - - 0.2361 - - - - 0.0355 0.2867 0.0654
Announcement Date 08/11/21 22/02/22 03/05/22 02/08/22 03/11/22 14/02/23 27/04/23 07/08/23 06/11/23 19/03/24 - - -
1BRL in Million2BRL
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 7,600 1,898 2,991 3,867 5,595 5,710 5,713 6,964
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.592 x 4.398 x 3.945 x 3.582 x 3.238 x 3.033 x 2.667 x 2.974 x
Free Cash Flow 1 -6,182 -764 -937 -469 - 244 501 -
ROE (net income / shareholders' equity) 21.5% 15% 22.6% 14.2% - 19% 21.2% 19.5%
ROA (Net income/ Total Assets) 1.25% 1.44% 4.53% 2.53% - 3.35% 5.05% -
Assets 1 18,071 2,848 5,981 7,682 - 10,262 11,180 -
Book Value Per Share 2 11.50 5.020 4.670 6.630 - 6.840 8.950 -
Cash Flow per Share -9.480 - - - - - - -
Capex 1 5,400 328 835 1,630 1,293 1,276 1,171 -
Capex / Sales 55.75% 11.59% 19.43% 27.07% 17.07% 13.39% 10.97% -
Announcement Date 31/03/20 08/03/21 22/02/22 14/02/23 19/03/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
12 BRL
Average target price
15.66 BRL
Spread / Average Target
+30.48%
Consensus