Company Valuation: Marcopolo

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 2,678 2,514 6,142 7,625 7,301 5,418 - -
Change - -6.11% 144.28% 24.14% -4.25% -25.79% - -
Enterprise Value (EV) 1 3,677 3,711 7,026 8,783 8,782 6,916 6,796 6,369
Change - 0.93% 89.32% 25% -0.01% -21.25% -1.74% -6.28%
P/E 7.88x 5.97x 8.18x 6.77x 6.1x 4.57x 4.43x 4x
PBR 0.99x 0.85x 1.88x 2.08x 1.95x 1.25x 1.17x 1.09x
PEG - 0.3x 0.1x 0.1x -5.2x -52.02x 1.37x 0.4x
Capitalization / Revenue 0.77x 0.46x 0.92x 0.89x 0.81x 0.59x 0.54x 0.5x
EV / Revenue 1.05x 0.69x 1.05x 1.02x 0.97x 0.75x 0.68x 0.59x
EV / EBITDA 11x 9.62x 7.42x 5.4x 5.83x 4.24x 3.82x 3.27x
EV / EBIT 16.1x 14x 8.78x 6.03x 6.51x 4.96x 4.25x 3.71x
EV / FCF 41.7x -82.5x 7.75x 9.76x 7.86x 10.3x 7.65x 6.94x
FCF Yield 2.4% -1.21% 12.9% 10.2% 12.7% 9.67% 13.1% 14.4%
Dividend per Share 2 - 0.0697 0.1818 0.7454 1.05 0.4244 0.4909 0.6502
Rate of return - 3.25% 3.4% 11.1% 17.6% 9.5% 11% 14.5%
EPS 2 0.2933 0.3593 0.653 0.9906 0.9789 0.9781 1.01 1.118
Distribution rate - 19.4% 27.8% 75.3% 107% 43.4% 48.6% 58.2%
Net sales 1 3,499 5,416 6,683 8,594 9,058 9,196 10,047 10,871
EBITDA 1 333.5 385.6 946.9 1,625 1,506 1,632 1,780 1,950
EBIT 1 228 265.8 800.6 1,458 1,350 1,395 1,597 1,715
Net income 1 366.6 449.1 816.2 1,200 1,223 1,219 1,255 1,359
Net Debt 1 998.9 1,197 884.1 1,158 1,481 1,498 1,378 950.7
Reference price 2 2.311 2.144 5.341 6.709 5.970 4.470 4.470 4.470
Nbr of stocks (in thousands) 1,240,387 1,241,322 1,242,770 1,243,450 1,240,354 1,241,400 - -
Announcement Date 25/02/22 28/02/23 27/02/24 25/02/25 26/02/26 - - -
1BRL in Million2BRL
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
9.33x1.12x6.1x3.69% 4.33B
12x0.47x2.87x3.31% 2.78B
68.88x - - 0.31% 2.57B
8.47x0.31x3.17x4.22% 2.1B
13.71x0.8x6.1x3.74% 1.19B
4.57x0.75x4.24x9.5% 1.05B
Average 19.49x 0.69x 4.50x 4.13% 2.34B
Weighted average by Cap. 20.66x 0.75x 4.61x 3.51%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield