Financials Wetzel S.A.

Equities

MWET4

BRMWETACNPR3

Iron & Steel

Market Closed - Sao Paulo 12:15:49 10/05/2024 am IST 5-day change 1st Jan Change
5.39 BRL 0.00% Intraday chart for Wetzel S.A. +2.28% -17.08%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 8.877 13.31 48.82 38.86 34.27 18.04
Enterprise Value (EV) 1 79.83 87.59 93.92 94.34 91.68 97.89
P/E ratio -0.19 x -0.33 x 0.54 x 0.27 x 0.69 x -0.53 x
Yield - - - - - -
Capitalization / Revenue 0.05 x 0.07 x 0.33 x 0.16 x 0.12 x 0.07 x
EV / Revenue 0.49 x 0.49 x 0.64 x 0.39 x 0.31 x 0.37 x
EV / EBITDA -5.96 x -9.48 x 16.8 x 4.22 x 6.54 x -10.2 x
EV / FCF -6.11 x 9.49 x 32.2 x -1.15 x -4.32 x -3.78 x
FCF Yield -16.4% 10.5% 3.1% -86.8% -23.1% -26.5%
Price to Book -0.04 x -0.06 x -0.07 x -0.73 x -2.51 x -2.31 x
Nbr of stocks (in thousands) 2,058 2,058 2,058 2,058 2,058 2,058
Reference price 2 2.960 6.200 6.500 17.08 9.990 6.500
Announcement Date 25/03/19 26/03/20 18/03/21 21/03/22 08/03/23 01/03/24
1BRL in Million2BRL
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 163 179.1 146.3 244.2 293 268.1
EBITDA 1 -13.38 -9.236 5.587 22.35 14.03 -9.611
EBIT 1 -17.74 -13.57 1.228 18.32 9.908 -13.93
Operating Margin -10.88% -7.58% 0.84% 7.5% 3.38% -5.19%
Earnings before Tax (EBT) 1 -31.94 -38.67 33.5 132.9 17.41 -39.01
Net income 1 -32.29 -39.11 24.87 129.8 29.92 -25.3
Net margin -19.81% -21.83% 17.01% 53.17% 10.21% -9.44%
EPS 2 -15.69 -19.00 12.09 63.08 14.54 -12.30
Free Cash Flow 1 -13.06 9.226 2.913 -81.92 -21.22 -25.9
FCF margin -8.01% 5.15% 1.99% -33.55% -7.24% -9.66%
FCF Conversion (EBITDA) - - 52.14% - - -
FCF Conversion (Net income) - - 11.71% - - -
Dividend per Share - - - - - -
Announcement Date 25/03/19 26/03/20 18/03/21 21/03/22 08/03/23 01/03/24
1BRL in Million2BRL
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 71 74.3 45.1 55.5 57.4 79.9
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) -5.301 x -8.043 x 8.072 x 2.482 x 4.094 x -8.309 x
Free Cash Flow 1 -13.1 9.23 2.91 -81.9 -21.2 -25.9
ROE (net income / shareholders' equity) 20.7% 20.6% -12.6% -111% -101% 325%
ROA (Net income/ Total Assets) -6.19% -4.81% 0.43% 5.62% 2.52% -3.07%
Assets 1 522 812.7 5,793 2,311 1,187 824.9
Book Value Per Share 2 -82.20 -101.0 -89.10 -23.40 -3.990 -2.810
Cash Flow per Share 2 2.980 1.940 0.6600 0.3500 0.6100 0.1500
Capex 1 4.91 2.78 2.57 11 9.8 11
Capex / Sales 3.01% 1.55% 1.75% 4.5% 3.34% 4.09%
Announcement Date 25/03/19 26/03/20 18/03/21 21/03/22 08/03/23 01/03/24
1BRL in Million2BRL
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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