Company Valuation: Companhia Melhoramentos de São Paulo

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 302.9 308.4 313.1 291.1 292.5 292.2
Change - 1.83% 1.51% -7.01% 0.47% -0.12%
Enterprise Value (EV) 1 359.4 387.5 429.2 379.8 406.1 441.4
Change - 7.81% 10.77% -11.52% 6.92% 8.7%
P/E -5.61x -9.55x 212x 37.6x 90.8x -9.11x
PBR 0.37x 0.38x 0.39x 0.35x 0.36x 0.37x
PEG - 0.2x -2x 0x -1.6x 0x
Capitalization / Revenue 3.01x 2.14x 1.56x 1.65x 1.79x 1.65x
EV / Revenue 3.57x 2.69x 2.14x 2.15x 2.49x 2.49x
EV / EBITDA -7.62x -71.1x 23.4x 6.99x 9.78x -577x
EV / EBIT -5.43x -12.2x 119x 17.8x 15.9x -16.6x
EV / FCF -40.6x -27.1x -54.7x 12.5x -19.9x -6.56x
FCF Yield -2.46% -3.7% -1.83% 7.99% -5.03% -15.2%
Dividend per Share 2 - - 0.0554 - 0.1215 -
Rate of return - - 0.11% - 0.26% -
EPS 2 -8.561 -5.081 0.2363 1.231 0.5176 -5.106
Distribution rate - - 23.5% - 23.5% -
Net sales 1 100.6 144.2 201 176.3 163.1 177.1
EBITDA 1 -47.18 -5.451 18.37 54.31 41.54 -0.765
EBIT 1 -66.18 -31.87 3.619 21.38 25.51 -26.57
Net income 1 -54.83 -32.51 1.512 7.878 3.312 -32.7
Net Debt 1 56.56 79.07 116.1 88.64 113.6 149.2
Reference price 2 48.00 48.50 50.01 46.25 47.00 46.50
Nbr of stocks (in thousands) 6,405 6,399 6,399 6,399 6,399 6,399
Announcement Date 06/04/21 09/03/22 29/03/23 25/03/24 24/03/25 21/03/26
1BRL in Million2BRL
Estimates


P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 42.08M
40.49x5.45x22.17x0.95% 85.83B
34.99x5.29x22.55x1.83% 45.21B
26.37x3.08x16.1x1.99% 37.66B
16.98x1.74x9.66x2.45% 36.86B
36x6.73x17.79x1.66% 30.59B
14.92x1.42x8.83x2.16% 26.13B
38.96x9.44x28.95x2.35% 23.66B
30.42x3.1x12.48x1.53% 20.79B
7.36x2.1x4.22x3.55% 15.55B
Average 27.39x 4.26x 15.86x 2.05% 32B
Weighted average by Cap. 30.52x 4.50x 17.59x 1.8%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Companhia Melhoramentos de São Paulo

Historical PBR trend

Valuation ratios - PBR - Companhia Melhoramentos de São Paulo

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Companhia Melhoramentos de São Paulo

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Companhia Melhoramentos de São Paulo

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