Financials Vulcan Materials Company Sao Paulo

Equities

V1MC34

BRV1MCBDR009

Construction Materials

Market Closed - Sao Paulo 10:48:54 24/06/2024 pm IST 5-day change 1st Jan Change
22.18 BRL -0.89% Intraday chart for Vulcan Materials Company -0.89% +21.20%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 19,058 19,653 27,547 23,273 30,164 32,888 - -
Enterprise Value (EV) 1 21,568 21,742 31,192 27,088 33,092 35,151 34,214 33,221
P/E ratio 31.1 x 33.8 x 41.4 x 40.6 x 32.5 x 29 x 24.7 x 22.3 x
Yield 0.86% 0.92% 0.71% 0.91% 0.76% 0.74% 0.78% 0.85%
Capitalization / Revenue 3.87 x 4.05 x 4.96 x 3.18 x 3.88 x 4.22 x 3.91 x 3.67 x
EV / Revenue 4.38 x 4.48 x 5.62 x 3.7 x 4.25 x 4.51 x 4.07 x 3.71 x
EV / EBITDA 17 x 16.4 x 21.5 x 16.7 x 16.5 x 15.7 x 13.7 x 12.4 x
EV / FCF 35.9 x 30.7 x 55.6 x 50.6 x 49.8 x 31.2 x 25.9 x 27.8 x
FCF Yield 2.78% 3.26% 1.8% 1.98% 2.01% 3.21% 3.86% 3.6%
Price to Book 3.42 x 3.26 x 4.21 x 3.36 x 4.06 x 3.95 x 3.52 x 3.1 x
Nbr of stocks (in thousands) 1,32,355 1,32,511 1,32,705 1,32,907 1,32,873 1,32,252 - -
Reference price 2 144.0 148.3 207.6 175.1 227.0 248.7 248.7 248.7
Announcement Date 18/02/20 16/02/21 16/02/22 16/02/23 16/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 4,929 4,857 5,552 7,315 7,782 7,790 8,415 8,950
EBITDA 1 1,270 1,324 1,451 1,626 2,011 2,245 2,495 2,669
EBIT 1 877.5 895.7 1,011 951.4 1,427 1,642 1,860 2,005
Operating Margin 17.8% 18.44% 18.21% 13.01% 18.34% 21.08% 22.11% 22.4%
Earnings before Tax (EBT) 1 757.7 743.8 873.8 788.1 1,245 1,488 1,727 1,954
Net income 1 617.7 584.5 670.8 575.6 933.2 1,145 1,336 1,478
Net margin 12.53% 12.03% 12.08% 7.87% 11.99% 14.7% 15.87% 16.51%
EPS 2 4.630 4.390 5.020 4.310 6.980 8.585 10.08 11.14
Free Cash Flow 1 600 708.2 560.6 535.6 664.2 1,128 1,320 1,195
FCF margin 12.17% 14.58% 10.1% 7.32% 8.54% 14.48% 15.69% 13.35%
FCF Conversion (EBITDA) 47.25% 53.51% 38.63% 32.95% 33.02% 50.24% 52.91% 44.78%
FCF Conversion (Net income) 97.15% 121.16% 83.57% 93.05% 71.17% 98.45% 98.85% 80.86%
Dividend per Share 2 1.240 1.360 1.480 1.600 1.720 1.830 1.928 2.105
Announcement Date 18/02/20 16/02/21 16/02/22 16/02/23 16/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

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 1,606 1,541 1,954 2,088 1,732 1,649 2,113 2,186 1,834 1,546 2,097 2,228 1,917 1,694 2,260
EBITDA 1 383.4 293.9 450.2 507 374.7 337.6 595.3 602.2 476.1 323.5 656.5 691.3 575.3 382.4 739.9
EBIT 1 211.3 147 307.6 305.4 191.5 187.2 451.1 418.9 370.1 172.9 506.4 532.7 414.9 230.7 590.6
Operating Margin 13.15% 9.54% 15.74% 14.62% 11.06% 11.35% 21.35% 19.16% 20.18% 11.18% 24.14% 23.91% 21.64% 13.62% 26.13%
Earnings before Tax (EBT) 1 168.7 112.6 264.2 260.6 150.8 139.6 404.3 365.9 335.3 133.5 464.4 502.1 376.2 192.2 551.4
Net income 1 138 91.8 187.3 177.1 119.4 120.7 308.6 276.5 227.5 102.7 360.2 388.6 289.8 145.2 427.8
Net margin 8.59% 5.96% 9.58% 8.48% 6.89% 7.32% 14.6% 12.65% 12.4% 6.64% 17.17% 17.44% 15.12% 8.57% 18.93%
EPS 2 1.030 0.6900 1.400 1.330 0.8900 0.9000 2.310 2.070 1.700 0.7700 2.704 2.917 2.180 1.088 3.210
Dividend per Share 2 0.3700 0.4000 0.4000 0.4000 0.4000 0.4300 0.4300 - 0.4300 - 0.4500 0.4500 0.4500 0.4600 -
Announcement Date 16/02/22 04/05/22 04/08/22 02/11/22 16/02/23 04/05/23 03/08/23 26/10/23 16/02/24 02/05/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,510 2,090 3,645 3,814 2,929 2,262 1,326 333
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.976 x 1.579 x 2.512 x 2.346 x 1.456 x 1.008 x 0.5313 x 0.1246 x
Free Cash Flow 1 600 708 561 536 664 1,128 1,320 1,195
ROE (net income / shareholders' equity) 11.4% 10% 10.7% 10.1% 13% 14.3% 14.5% 14%
ROA (Net income/ Total Assets) 6.03% 5.23% 5.29% 4.89% 6.5% 7.9% 8.37% 8.4%
Assets 1 10,240 11,167 12,685 11,769 14,357 14,499 15,957 17,605
Book Value Per Share 2 42.10 45.50 49.30 52.10 56.00 63.00 70.60 80.30
Cash Flow per Share 2 7.380 8.030 7.580 8.590 11.50 13.30 14.60 16.80
Capex 1 384 362 451 613 873 650 674 812
Capex / Sales 7.79% 7.46% 8.13% 8.37% 11.21% 8.34% 8.01% 9.08%
Announcement Date 18/02/20 16/02/21 16/02/22 16/02/23 16/02/24 - - -
1USD in Million2USD
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
OUTPERFORM
Number of Analysts
23
Last Close Price
248.7 USD
Average target price
289.6 USD
Spread / Average Target
+16.44%
Consensus
  1. Stock Market
  2. Equities
  3. VMC Stock
  4. V1MC34 Stock
  5. Financials Vulcan Materials Company