Financials Investimentos Bemge S.A.

Equities

FIGE3

BRFIGEACNOR6

Investment Holding Companies

Market Closed - Sao Paulo 5-day change 1st Jan Change
- BRL -.--% Intraday chart for Investimentos Bemge S.A. -.--% -.--%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 101.6 101.6 101.6 101.6 37.82 43.73
Enterprise Value (EV) 1 99.33 99.6 101.4 101.6 37.82 43.73
P/E ratio 9.64 x 13.1 x 29.9 x 15.5 x 3.65 x 3.64 x
Yield 0.09% 0.07% 0.02% - 0.24% 0.24%
Capitalization / Revenue 7.77 x 7.79 x 16.5 x 9.55 x 1.74 x 2.24 x
EV / Revenue 7.6 x 7.63 x 16.4 x 9.55 x 1.74 x 2.24 x
EV / EBITDA - - - - - -
EV / FCF 17.4 x 11.9 x -1.3 x 1.26 x 2.03 x 2.99 x
FCF Yield 5.74% 8.38% -76.9% 79.5% 49.1% 33.5%
Price to Book 0.46 x 0.45 x 0.44 x 0.43 x 0.26 x 0.27 x
Nbr of stocks (in thousands) 2,364 2,364 2,364 2,364 2,364 2,364
Reference price 2 43.00 43.00 43.00 43.00 16.00 18.50
Announcement Date 2/8/19 2/14/20 2/5/21 2/11/22 2/10/23 2/9/24
1BRL in Million2BRL
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 13.08 13.05 6.175 10.64 21.75 19.54
EBITDA - - - - - -
EBIT 1 11.93 12.01 5.462 9.534 20.34 18.07
Operating Margin 91.21% 92.07% 88.45% 89.57% 93.54% 92.51%
Earnings before Tax (EBT) 1 11.93 12.01 5.462 9.534 20.34 18.07
Net income 1 10.54 7.765 3.401 6.543 10.37 12.01
Net margin 80.62% 59.52% 55.08% 61.47% 47.68% 61.48%
EPS 2 4.460 3.285 1.439 2.768 4.387 5.081
Free Cash Flow 1 5.705 8.349 -77.98 80.83 18.59 14.64
FCF margin 43.63% 63.99% -1,262.85% 759.42% 85.46% 74.91%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) 54.12% 107.52% - 1,235.41% 179.23% 121.84%
Dividend per Share 2 0.0397 0.0293 0.0100 - 0.0391 0.0453
Announcement Date 2/8/19 2/14/20 2/5/21 2/11/22 2/10/23 2/9/24
1BRL in Million2BRL
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 2.32 2.05 0.24 0 0 0
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 5.71 8.35 -78 80.8 18.6 14.6
ROE (net income / shareholders' equity) 4.91% 3.47% 1.48% 2.79% 5.37% 7.79%
ROA (Net income/ Total Assets) 3.43% 3.35% 1.48% 2.54% 6.53% 7.19%
Assets 1 307.1 232 229.1 258 158.7 167.2
Book Value Per Share 2 93.10 96.30 97.80 101.0 62.70 67.80
Cash Flow per Share 2 0 0 0 0 0 0
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 2/8/19 2/14/20 2/5/21 2/11/22 2/10/23 2/9/24
1BRL in Million2BRL
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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