Market Closed -
Sao Paulo
04:07:38 2024-05-10 pm EDT
|
5-day change
|
1st Jan Change
|
51.7
BRL
|
-14.62%
|
|
-12.62%
|
-7.06%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
53,537
|
78,983
|
81,102
|
63,163
|
71,727
|
66,355
|
-
|
-
|
Enterprise Value (EV)
1 |
111,806
|
142,836
|
139,631
|
120,685
|
71,727
|
126,008
|
123,580
|
118,679
|
P/E ratio
|
-19
x
|
-7.36
x
|
9.4
x
|
2.75
x
|
5.13
x
|
9.72
x
|
8.35
x
|
7.68
x
|
Yield
|
1.13%
|
-
|
1.23%
|
3.72%
|
-
|
2.67%
|
2.5%
|
2.36%
|
Capitalization / Revenue
|
2.06
x
|
2.59
x
|
1.98
x
|
1.27
x
|
1.8
x
|
1.57
x
|
1.39
x
|
1.3
x
|
EV / Revenue
|
4.3
x
|
4.69
x
|
3.41
x
|
2.42
x
|
1.8
x
|
2.98
x
|
2.59
x
|
2.33
x
|
EV / EBITDA
|
10.4
x
|
9.55
x
|
5.95
x
|
4.28
x
|
3.93
x
|
6.28
x
|
5.25
x
|
4.54
x
|
EV / FCF
|
41.3
x
|
17.4
x
|
12
x
|
17.5
x
|
-
|
-83
x
|
15.2
x
|
11.3
x
|
FCF Yield
|
2.42%
|
5.76%
|
8.36%
|
5.71%
|
-
|
-1.2%
|
6.56%
|
8.84%
|
Price to Book
|
2.98
x
|
10.9
x
|
5.38
x
|
1.94
x
|
-
|
1.44
x
|
1.18
x
|
1.15
x
|
Nbr of stocks (in thousands)
|
1,349,222
|
1,349,222
|
1,349,222
|
1,309,352
|
1,289,352
|
1,283,468
|
-
|
-
|
Reference price
2 |
39.68
|
58.54
|
60.11
|
48.24
|
55.63
|
51.70
|
51.70
|
51.70
|
Announcement Date
|
2/12/20
|
2/10/21
|
2/9/22
|
2/28/23
|
2/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
26,013
|
30,460
|
40,965
|
49,831
|
39,756
|
42,284
|
47,709
|
51,035
|
EBITDA
1 |
10,724
|
14,949
|
23,471
|
28,195
|
18,273
|
20,078
|
23,537
|
26,162
|
EBIT
1 |
2,629
|
8,407
|
18,128
|
22,223
|
12,216
|
12,242
|
14,812
|
16,293
|
Operating Margin
|
10.1%
|
27.6%
|
44.25%
|
44.6%
|
30.73%
|
28.95%
|
31.05%
|
31.93%
|
Earnings before Tax (EBT)
1 |
-4,097
|
-17,642
|
8,833
|
28,656
|
17,997
|
7,148
|
9,881
|
10,985
|
Net income
1 |
-2,815
|
-10,715
|
8,626
|
23,382
|
14,085
|
6,292
|
7,440
|
8,418
|
Net margin
|
-10.82%
|
-35.18%
|
21.06%
|
46.92%
|
35.43%
|
14.88%
|
15.59%
|
16.49%
|
EPS
2 |
-2.088
|
-7.949
|
6.392
|
17.57
|
10.85
|
5.318
|
6.190
|
6.732
|
Free Cash Flow
1 |
2,708
|
8,229
|
11,679
|
6,892
|
-
|
-1,518
|
8,109
|
10,492
|
FCF margin
|
10.41%
|
27.02%
|
28.51%
|
13.83%
|
-
|
-3.59%
|
17%
|
20.56%
|
FCF Conversion (EBITDA)
|
25.25%
|
55.05%
|
49.76%
|
24.44%
|
-
|
-
|
34.45%
|
40.11%
|
FCF Conversion (Net income)
|
-
|
-
|
135.39%
|
29.48%
|
-
|
-
|
108.99%
|
124.65%
|
Dividend per Share
2 |
0.4500
|
-
|
0.7412
|
1.795
|
-
|
1.378
|
1.290
|
1.222
|
Announcement Date
|
2/12/20
|
2/10/21
|
2/9/22
|
2/28/23
|
2/28/24
|
-
|
-
|
-
|
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 |
11,470
|
9,743
|
11,520
|
14,199
|
14,370
|
11,276
|
9,160
|
8,948
|
10,372
|
9,459
|
11,287
|
11,965
|
11,630
|
-
|
-
|
EBITDA
1 |
6,355
|
5,121
|
6,303
|
8,596
|
8,175
|
6,155
|
3,919
|
3,695
|
4,505
|
4,334
|
4,608
|
4,827
|
-
|
-
|
-
|
EBIT
1 |
4,822
|
3,389
|
4,587
|
6,947
|
7,299
|
4,306
|
3,069
|
1,683
|
3,158
|
2,552
|
4,128
|
4,620
|
2,623
|
-
|
-
|
Operating Margin
|
42.04%
|
34.79%
|
39.82%
|
48.93%
|
50.79%
|
38.19%
|
33.5%
|
18.81%
|
30.45%
|
26.98%
|
36.58%
|
38.62%
|
22.55%
|
-
|
-
|
Earnings before Tax (EBT)
|
2,097
|
-
|
-
|
5,420
|
9,299
|
6,776
|
7,604
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
2,310
|
10,305
|
175.6
|
5,445
|
7,456
|
5,237
|
5,100
|
-733
|
4,507
|
215.4
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
20.14%
|
105.77%
|
1.52%
|
38.35%
|
51.89%
|
46.45%
|
55.68%
|
-8.19%
|
43.46%
|
2.28%
|
-
|
-
|
-
|
-
|
-
|
EPS
2 |
1.712
|
7.636
|
0.1427
|
4.131
|
5.666
|
3.968
|
3.904
|
-0.5685
|
3.489
|
0.1675
|
0.7640
|
1.142
|
0.9953
|
1.270
|
1.540
|
Dividend per Share
|
0.7412
|
-
|
-
|
-
|
1.795
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
2/9/22
|
5/4/22
|
7/27/22
|
10/27/22
|
2/28/23
|
4/27/23
|
8/2/23
|
10/26/23
|
2/28/24
|
5/9/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
58,269
|
63,853
|
58,530
|
57,522
|
-
|
59,653
|
57,225
|
52,324
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
5.434
x
|
4.271
x
|
2.494
x
|
2.04
x
|
-
|
2.971
x
|
2.431
x
|
2
x
|
Free Cash Flow
1 |
2,708
|
8,229
|
11,679
|
6,892
|
-
|
-1,518
|
8,109
|
10,493
|
ROE (net income / shareholders' equity)
|
-18.8%
|
-85%
|
77.3%
|
92.3%
|
-
|
13.8%
|
15.8%
|
16%
|
ROA (Net income/ Total Assets)
|
-3.71%
|
-10.7%
|
8.02%
|
17.6%
|
-
|
5.74%
|
7.3%
|
6.78%
|
Assets
1 |
75,921
|
99,854
|
107,592
|
132,741
|
-
|
109,557
|
101,924
|
124,080
|
Book Value Per Share
2 |
13.30
|
5.360
|
11.20
|
24.90
|
-
|
36.00
|
43.60
|
45.00
|
Cash Flow per Share
2 |
5.620
|
9.730
|
13.10
|
16.30
|
-
|
9.940
|
14.40
|
13.20
|
Capex
1 |
4,868
|
4,896
|
5,958
|
14,749
|
-
|
16,679
|
9,996
|
9,563
|
Capex / Sales
|
18.72%
|
16.07%
|
14.54%
|
29.6%
|
-
|
39.44%
|
20.95%
|
18.74%
|
Announcement Date
|
2/12/20
|
2/10/21
|
2/9/22
|
2/28/23
|
2/28/24
|
-
|
-
|
-
|
Last Close Price
51.7
BRL Average target price
68.04
BRL Spread / Average Target +31.61% Consensus |
1st Jan change
|
Capi.
|
---|
| -7.06% | 12.94B | | +1.17% | 19.79B | | +9.40% | 10.71B | | +4.63% | 6.54B | | +11.24% | 5.14B | | +12.15% | 3.88B | | +23.79% | 3.36B | | +63.60% | 2.67B | | +23.42% | 1.95B | | +20.48% | 1.69B |
Other Paper Products
|