Company Valuation: PRIO S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 17,347 31,405 38,513 33,498 33,565 46,713 - -
Change - 81.04% 22.63% -13.02% 0.2% 39.17% - -
Enterprise Value (EV) 1 16,598 29,431 43,571 47,907 57,922 67,175 62,916 56,997
Change - 77.32% 48.04% 9.95% 20.91% 15.98% -6.34% -9.41%
P/E 12.9x 9.25x 7.53x 3.27x 15x 5.9x 6.09x 5.1x
PBR 2.74x 3.17x 2.79x 1.27x 1.3x 1.57x 1.48x 1.1x
PEG - 0x 0.1x 0x -0.2x 0x -1.91x 0.3x
Capitalization / Revenue 3.95x 4.94x 3.24x 2.33x 2.15x 1.76x 1.73x 1.77x
EV / Revenue 3.78x 4.62x 3.66x 3.34x 3.72x 2.54x 2.33x 2.16x
EV / EBITDA 5.82x 6.17x 4.73x 4.82x 7.81x 3.58x 3.15x 2.9x
EV / EBIT 7.82x 7.52x 6.09x 6.9x 32x 6.21x 5.39x 4.86x
EV / FCF 13.4x 116x 12.5x 7.9x 21.1x 9.42x 4.63x 4.33x
FCF Yield 7.47% 0.86% 8.02% 12.7% 4.73% 10.6% 21.6% 23.1%
Dividend per Share 2 - - - - - 3.601 12.08 12.21
Rate of return - - - - - 6.23% 20.9% 21.1%
EPS 2 1.597 4.023 6.114 12.29 2.77 9.812 9.5 11.34
Distribution rate - - - - - 36.7% 127% 108%
Net sales 1 4,396 6,363 11,905 14,361 15,584 26,469 27,029 26,380
EBITDA 1 2,854 4,770 9,210 9,944 7,420 18,762 19,956 19,639
EBIT 1 2,121 3,916 7,156 6,945 1,809 10,813 11,675 11,731
Net income 1 1,333 3,427 5,180 10,302 2,251 7,850 7,566 8,973
Net Debt 1 -749.6 -1,974 5,058 14,409 24,357 20,463 16,204 10,284
Reference price 2 20.67 37.21 46.05 40.15 41.42 57.85 57.85 57.85
Nbr of stocks (in thousands) 8,39,253 8,43,994 8,36,331 8,34,326 8,10,348 8,07,479 - -
Announcement Date 15/02/22 01/03/23 08/03/24 13/03/25 11/03/26 - - -
1BRL in Million2BRL
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
5.9x2.53x3.57x6.23% 913.03Cr
11.15x2.15x5.25x2.95% 14TCr
11.21x3.12x5.81x4.07% 9.12TCr
7.91x2.7x4.58x2.95% 7.45TCr
12.73x3.58x5.26x2.22% 5.5TCr
7.69x2.57x4.07x1.83% 5.46TCr
8.83x1.33x4.6x2.19% 5.24TCr
9.97x2.46x4.7x2.68% 5.06TCr
11.56x3.19x4.71x6.71% 4.04TCr
10.39x3.8x5.43x1.33% 3.1TCr
Average 9.73x 2.74x 4.80x 3.31% 5.99TCr
Weighted average by Cap. 10.19x 2.65x 4.99x 3.08%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield