Delayed
Sao Paulo
10:59:37 21/05/2024 pm IST
|
5-day change
|
1st Jan Change
|
5.43
BRL
|
-2.16%
|
|
+1.68%
|
+16.57%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
4,224
|
2,645
|
2,678
|
2,514
|
6,142
|
7,258
|
-
|
-
|
Enterprise Value (EV)
1 |
4,953
|
3,629
|
3,677
|
3,711
|
7,026
|
7,478
|
7,485
|
7,141
|
P/E ratio
|
21.3
x
|
26.2
x
|
7.88
x
|
5.97
x
|
8.18
x
|
6.11
x
|
6.15
x
|
6.19
x
|
Yield
|
1.33%
|
1.67%
|
-
|
3.25%
|
3.4%
|
5.62%
|
8.32%
|
7.13%
|
Capitalization / Revenue
|
0.98
x
|
0.74
x
|
0.77
x
|
0.46
x
|
0.92
x
|
0.8
x
|
0.73
x
|
0.7
x
|
EV / Revenue
|
1.15
x
|
1.01
x
|
1.05
x
|
0.69
x
|
1.05
x
|
0.82
x
|
0.75
x
|
0.68
x
|
EV / EBITDA
|
14.7
x
|
13.5
x
|
11
x
|
9.62
x
|
7.42
x
|
5.11
x
|
4.55
x
|
4.16
x
|
EV / FCF
|
20.9
x
|
80.1
x
|
41.7
x
|
-82.5
x
|
7.75
x
|
15.7
x
|
7.74
x
|
7.29
x
|
FCF Yield
|
4.79%
|
1.25%
|
2.4%
|
-1.21%
|
12.9%
|
6.38%
|
12.9%
|
13.7%
|
Price to Book
|
1.88
x
|
1.07
x
|
0.99
x
|
0.85
x
|
1.88
x
|
1.62
x
|
1.49
x
|
1.46
x
|
Nbr of stocks (in thousands)
|
11,31,808
|
11,27,298
|
11,27,625
|
11,28,474
|
11,29,791
|
11,29,815
|
-
|
-
|
Reference price
2 |
3.750
|
2.392
|
2.542
|
2.358
|
5.875
|
7.030
|
7.030
|
7.030
|
Announcement Date
|
27/02/20
|
25/02/21
|
25/02/22
|
28/02/23
|
27/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
4,315
|
3,590
|
3,499
|
5,416
|
6,683
|
9,116
|
9,944
|
10,441
|
EBITDA
1 |
338
|
268.5
|
333.5
|
385.6
|
946.9
|
1,464
|
1,644
|
1,715
|
EBIT
1 |
251.6
|
172.5
|
228
|
265.8
|
800.6
|
1,288
|
1,438
|
1,450
|
Operating Margin
|
5.83%
|
4.8%
|
6.52%
|
4.91%
|
11.98%
|
14.13%
|
14.46%
|
13.89%
|
Earnings before Tax (EBT)
1 |
245.2
|
48.69
|
382.9
|
413.3
|
865.6
|
1,445
|
1,521
|
1,530
|
Net income
1 |
201.4
|
103.9
|
366.6
|
449.1
|
816.2
|
1,158
|
1,176
|
1,218
|
Net margin
|
4.67%
|
2.89%
|
10.48%
|
8.29%
|
12.21%
|
12.7%
|
11.83%
|
11.66%
|
EPS
2 |
0.1764
|
0.0914
|
0.3227
|
0.3952
|
0.7183
|
1.150
|
1.143
|
1.135
|
Free Cash Flow
1 |
237.3
|
45.33
|
88.17
|
-44.96
|
907.2
|
477
|
966.5
|
979
|
FCF margin
|
5.5%
|
1.26%
|
2.52%
|
-0.83%
|
13.57%
|
5.23%
|
9.72%
|
9.38%
|
FCF Conversion (EBITDA)
|
70.21%
|
16.88%
|
26.44%
|
-
|
95.8%
|
32.57%
|
58.78%
|
57.09%
|
FCF Conversion (Net income)
|
117.84%
|
43.65%
|
24.05%
|
-
|
111.15%
|
41.19%
|
82.17%
|
80.4%
|
Dividend per Share
2 |
0.0500
|
0.0400
|
-
|
0.0767
|
0.2000
|
0.3950
|
0.5852
|
0.5012
|
Announcement Date
|
27/02/20
|
25/02/21
|
25/02/22
|
28/02/23
|
27/02/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
---|
Net sales
1 |
1,084
|
958.6
|
1,152
|
1,516
|
1,789
|
1,654
|
1,364
|
1,615
|
2,050
|
1,656
|
EBITDA
1 |
74.4
|
51.3
|
51.61
|
90.5
|
192.2
|
292.8
|
158
|
208.6
|
287.4
|
315.4
|
EBIT
|
47.08
|
-
|
22.64
|
-
|
159.8
|
-
|
-
|
-
|
-
|
-
|
Operating Margin
|
4.34%
|
-
|
1.97%
|
-
|
8.93%
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
276.8
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
68.46
|
99.39
|
32.74
|
59.11
|
257.9
|
240
|
139
|
159.9
|
277.3
|
309.8
|
Net margin
|
6.31%
|
10.37%
|
2.84%
|
3.9%
|
14.42%
|
14.51%
|
10.19%
|
9.9%
|
13.53%
|
18.7%
|
EPS
|
0.0602
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
25/02/22
|
07/05/22
|
01/08/22
|
03/11/22
|
28/02/23
|
02/05/23
|
01/08/23
|
31/10/23
|
27/02/24
|
02/05/24
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
729
|
984
|
999
|
1,197
|
884
|
220
|
227
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
117
|
Leverage (Debt/EBITDA)
|
2.156
x
|
3.665
x
|
2.995
x
|
3.104
x
|
0.9336
x
|
0.1502
x
|
0.1381
x
|
-
|
Free Cash Flow
1 |
237
|
45.3
|
88.2
|
-45
|
907
|
477
|
967
|
979
|
ROE (net income / shareholders' equity)
|
9.2%
|
3.6%
|
13.4%
|
14.8%
|
24.3%
|
29.5%
|
26.2%
|
23%
|
ROA (Net income/ Total Assets)
|
3.89%
|
1.88%
|
5.86%
|
6.39%
|
10.6%
|
13.9%
|
12.4%
|
12.1%
|
Assets
1 |
5,171
|
5,527
|
6,257
|
7,025
|
7,677
|
8,326
|
9,505
|
10,084
|
Book Value Per Share
2 |
2.000
|
2.240
|
2.560
|
2.780
|
3.120
|
4.350
|
4.720
|
4.830
|
Cash Flow per Share
|
0.3600
|
0.1600
|
0.1700
|
-
|
-
|
-
|
-
|
-
|
Capex
1 |
177
|
130
|
100
|
90.3
|
154
|
251
|
238
|
253
|
Capex / Sales
|
4.11%
|
3.63%
|
2.86%
|
1.67%
|
2.3%
|
2.75%
|
2.39%
|
2.42%
|
Announcement Date
|
27/02/20
|
25/02/21
|
25/02/22
|
28/02/23
|
27/02/24
|
-
|
-
|
-
|
Last Close Price
7.03
BRL Average target price
9.9
BRL Spread / Average Target +40.83% Consensus |
1st Jan change
|
Capi.
|
---|
| +51.97% | 17.54B | | -10.38% | 579M | | -59.40% | 246M | | -41.57% | 212M | | -16.40% | 98.3M | | -.--% | 89.3M |
Heavy Buses & Coaches
|