TUPY S.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 26.32 BRL | -1.35% |
|
-2.27% | -9.49% |
| Mar. 21 | Transcript : Tupy S.A., Q4 2023 Earnings Call, Mar 21, 2024 | |
| Mar. 21 | Tupy S.A. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 3,648 | 3,020 | 2,876 | 3,942 | 4,190 | 3,790 | - | - |
| Enterprise Value (EV) 1 | 4,287 | 3,821 | 4,215 | 3,942 | 4,190 | 5,691 | 5,843 | 5,507 |
| P/E ratio | 13.1 x | -39.8 x | 14.2 x | 7.81 x | 8.32 x | 7.04 x | 5.53 x | 5.03 x |
| Yield | 3.43% | - | 2.17% | - | - | 6.11% | 9.17% | 9.05% |
| Capitalization / Revenue | 0.71 x | 0.71 x | 0.41 x | 0.39 x | 0.37 x | 0.32 x | 0.29 x | 0.29 x |
| EV / Revenue | 0.83 x | 0.9 x | 0.6 x | 0.39 x | 0.37 x | 0.48 x | 0.45 x | 0.42 x |
| EV / EBITDA | 6.28 x | 6.74 x | 5.25 x | 3.48 x | 3.5 x | 4.27 x | 3.79 x | 3.38 x |
| EV / FCF | 14.6 x | 23.5 x | 46.2 x | - | 16.2 x | 9.93 x | 13.4 x | 7.93 x |
| FCF Yield | 6.83% | 4.26% | 2.16% | - | 6.18% | 10.1% | 7.46% | 12.6% |
| Price to Book | 1.53 x | 1.18 x | 1.04 x | - | - | 1.03 x | 0.94 x | 0.82 x |
| Nbr of stocks (in thousands) | 144,178 | 144,038 | 144,178 | 144,126 | 144,078 | 143,994 | - | - |
| Reference price 2 | 25.30 | 20.97 | 19.95 | 27.35 | 29.08 | 26.32 | 26.32 | 26.32 |
| Announcement Date | 3/3/20 | 3/4/21 | 3/29/22 | 3/27/23 | 3/20/24 | - | - | - |
1BRL in Million2BRL
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 5,164 | 4,258 | 7,083 | 10,178 | 11,368 | 11,901 | 13,047 | 13,055 |
| EBITDA 1 | 682.6 | 567 | 802.9 | 1,133 | 1,196 | 1,331 | 1,542 | 1,628 |
| EBIT 1 | 356.6 | 216.8 | 435.2 | 784.9 | 829.6 | 963.4 | 1,168 | 1,210 |
| Operating Margin | 6.91% | 5.09% | 6.15% | 7.71% | 7.3% | 8.09% | 8.96% | 9.27% |
| Earnings before Tax (EBT) 1 | 338.6 | -124.1 | 288 | 643.1 | 538.1 | 747.1 | 1,008 | 1,048 |
| Net income 1 | 278.9 | -76.21 | 204.2 | 502.2 | 508.1 | 538.4 | 645.7 | 754.4 |
| Net margin | 5.4% | -1.79% | 2.88% | 4.93% | 4.47% | 4.52% | 4.95% | 5.78% |
| EPS 2 | 1.929 | -0.5263 | 1.408 | 3.502 | 3.495 | 3.738 | 4.763 | 5.232 |
| Free Cash Flow 1 | 293 | 162.7 | 91.17 | - | 258.8 | 573 | 436 | 694 |
| FCF margin | 5.67% | 3.82% | 1.29% | - | 2.28% | 4.81% | 3.34% | 5.32% |
| FCF Conversion (EBITDA) | 42.91% | 28.69% | 11.36% | - | 21.64% | 43.03% | 28.27% | 42.64% |
| FCF Conversion (Net income) | 105.03% | - | 44.65% | - | 50.94% | 106.43% | 67.53% | 92% |
| Dividend per Share 2 | 0.8670 | - | 0.4321 | - | - | 1.608 | 2.413 | 2.381 |
| Announcement Date | 3/3/20 | 3/4/21 | 3/29/22 | 3/27/23 | 3/20/24 | - | - | - |
1BRL in Million2BRL
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,834 | 2,059 | 2,364 | 2,529 | 2,694 | 2,591 | 2,804 | 2,966 | 2,976 | 2,622 | 2,572 | - | - | - |
| EBITDA 1 | 276.3 | 212.4 | 294.5 | 332.1 | 300.5 | 206.4 | 309 | 332.2 | 367 | 187.9 | 295.3 | 382.7 | 410.2 | - |
| EBIT 1 | - | 110.7 | 196.9 | 247.6 | 218.7 | 121.7 | 217.3 | 179.4 | 278.8 | 171.1 | 202.4 | 282.2 | 308.3 | - |
| Operating Margin | - | 5.38% | 8.33% | 9.79% | 8.12% | 4.7% | 7.75% | 6.05% | 9.37% | 6.53% | 7.87% | - | - | - |
| Earnings before Tax (EBT) | - | 79.89 | 98.42 | 254.2 | 208.8 | 81.68 | - | 84.53 | 214.8 | 87.76 | - | - | - | - |
| Net income 1 | 125.2 | 345.9 | 74 | 181.8 | 192.2 | 56.4 | 142.2 | 59.9 | 148.8 | 157.1 | 120.5 | - | - | - |
| Net margin | 6.82% | 16.8% | 3.13% | 7.19% | 7.14% | 2.18% | 5.07% | 2.02% | 5% | 5.99% | 4.69% | - | - | - |
| EPS 2 | 0.8631 | 0.5449 | 0.5254 | 1.253 | 1.340 | 0.3852 | 0.9782 | 0.4130 | 1.025 | 1.079 | 0.9400 | 1.160 | 1.280 | - |
| Dividend per Share 2 | - | 0.1537 | - | 0.2200 | - | - | - | - | - | - | - | 0.8214 | 0.8214 | 1.643 |
| Announcement Date | 11/10/21 | 3/29/22 | 5/12/22 | 8/4/22 | 11/7/22 | 3/27/23 | 5/10/23 | 8/14/23 | 11/13/23 | 3/20/24 | - | - | - | - |
1BRL in Million2BRL
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 639 | 800 | 1,339 | - | - | 1,901 | 2,053 | 1,717 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.9364 x | 1.412 x | 1.667 x | - | - | 1.428 x | 1.332 x | 1.055 x |
| Free Cash Flow 1 | 293 | 163 | 91.2 | - | 259 | 573 | 436 | 694 |
| ROE (net income / shareholders' equity) | 12.2% | -3.08% | 7.7% | - | - | 15.4% | 18.1% | 17% |
| ROA (Net income/ Total Assets) | 5.56% | -1.36% | 3% | - | - | 5.48% | 6.16% | 6.42% |
| Assets 1 | 5,017 | 5,619 | 6,812 | - | - | 9,826 | 10,485 | 11,748 |
| Book Value Per Share 2 | 16.60 | 17.70 | 19.10 | - | - | 25.50 | 28.10 | 32.20 |
| Cash Flow per Share 2 | 3.920 | 2.010 | - | - | 5.700 | 6.570 | - | - |
| Capex 1 | 274 | 129 | 233 | - | 570 | 535 | 520 | 522 |
| Capex / Sales | 5.3% | 3.03% | 3.29% | - | 5.02% | 4.5% | 3.98% | 4% |
| Announcement Date | 3/3/20 | 3/4/21 | 3/29/22 | 3/27/23 | 3/20/24 | - | - | - |
1BRL in Million2BRL
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
B
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
7
Last Close Price
26.32
BRL
Average target price
31.5
BRL
Spread / Average Target
+19.68%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -9.49% | 739M | |
| +29.62% | 50.98B | |
| +25.77% | 20.39B | |
| -20.63% | 19.42B | |
| +1.48% | 15.84B | |
| +31.67% | 17.27B | |
| -14.23% | 14.09B | |
| -18.75% | 13.35B | |
| +31.97% | 11.74B | |
| +14.27% | 9.65B |
- Stock Market
- Equities
- TUPY3 Stock
- Financials Tupy S.A.
