Company Valuation: Lojas Renner S.A.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 24,089 19,873 16,647 12,747 12,872 13,815 - -
Change - -17.5% -16.24% -23.43% 0.98% 7.33% - -
Enterprise Value (EV) 1 24,269 21,685 15,470 10,921 11,372 15,017 15,348 15,726
Change - -10.65% -28.66% -29.4% 4.13% 32.06% 2.2% 2.46%
P/E 36.9x 15.5x 17.1x 10.6x 9.33x 8.61x 7.85x 7x
PBR 2.46x - 1.66x 1.18x 1.3x 1.27x 1.19x 1.12x
PEG - 0.2x -0.7x 0.5x 0.3x 0.6x 0.81x 0.6x
Capitalization / Revenue 2.28x 1.5x 1.22x 0.88x 0.81x 0.81x 0.75x 0.68x
EV / Revenue 2.3x 1.63x 1.13x 0.76x 0.72x 0.88x 0.83x 0.78x
EV / EBITDA 14.1x 9.03x 7.35x 4.12x 3.57x 4.49x 4.05x 3.73x
EV / EBIT 29.8x 15.4x 17.4x 8.67x 6.33x 7.13x 6.56x 5.85x
EV / FCF 86.2x 50.3x 8.74x 6.04x 7.91x 11.5x 10.5x 9.35x
FCF Yield 1.16% 1.99% 11.4% 16.6% 12.6% 8.73% 9.55% 10.7%
Dividend per Share 2 0.3896 - 0.6488 0.6456 0.8383 0.9569 1.02 1.226
Rate of return 1.75% - 4.1% 5.33% 6.23% 6.76% 7.21% 8.66%
EPS 2 0.6026 1.203 0.9241 1.138 1.442 1.643 1.802 2.022
Distribution rate 64.7% - 70.2% 56.7% 58.1% 58.2% 56.6% 60.6%
Net sales 1 10,572 13,271 13,648 14,436 15,830 16,996 18,536 20,274
EBITDA 1 1,723 2,401 2,104 2,650 3,187 3,344 3,791 4,212
EBIT 1 813.9 1,407 889.1 1,259 1,797 2,105 2,339 2,690
Net income 1 633.1 1,292 976.3 1,197 1,500 1,613 1,768 1,993
Net Debt 1 180.6 1,812 -1,177 -1,826 -1,500 1,202 1,534 1,911
Reference price 2 22.22 18.62 15.84 12.12 13.45 14.15 14.15 14.15
Nbr of stocks (in thousands) 1,084,183 1,067,423 1,051,161 1,051,732 957,030 976,323 - -
Announcement Date 17/3/22 16/2/23 14/3/24 20/2/25 3/3/26 - - -
1BRL in Million2BRL
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
8.61x0.88x4.48x6.76% 2.69B
25.17x3.88x13.71x3.54% 195B
49.42x6.07x25.31x0.75% 154B
28.15x2.67x17.87x0.82% 70.4B
43.76x2.7x10.58x1.41% 35B
19.99x3.62x14.47x1.17% 27.5B
21.41x1.44x8.14x4.38% 27.48B
18.6x2.57x11.44x1.93% 22.54B
28.3x1.65x13.96x-.--% 20.38B
13.71x1.66x6.97x4.73% 9.43B
Average 25.71x 2.71x 12.69x 2.55% 56.36B
Weighted average by Cap. 32.45x 3.94x 16.72x 2.08%

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

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