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 14,450 - -
Change - -17.5% -16.24% -23.43% 0.98% 12.26% - -
Enterprise Value (EV) 1 24,269 21,685 15,470 10,921 11,372 15,648 15,979 16,354
Change - -10.65% -28.66% -29.4% 4.13% 37.6% 2.12% 2.35%
P/E 36.9x 15.5x 17.1x 10.6x 9.33x 9.05x 8.26x 7.35x
PBR 2.46x - 1.66x 1.18x 1.3x 1.32x 1.24x 1.15x
PEG - 0.2x -0.7x 0.5x 0.3x 0.7x 0.86x 0.6x
Capitalization / Revenue 2.28x 1.5x 1.22x 0.88x 0.81x 0.85x 0.78x 0.71x
EV / Revenue 2.3x 1.63x 1.13x 0.76x 0.72x 0.92x 0.86x 0.81x
EV / EBITDA 14.1x 9.03x 7.35x 4.12x 3.57x 4.68x 4.21x 3.88x
EV / EBIT 29.8x 15.4x 17.4x 8.67x 6.33x 7.44x 6.79x 6.05x
EV / FCF 86.2x 50.3x 8.74x 6.04x 7.91x 11.6x 11.8x 10.2x
FCF Yield 1.16% 1.99% 11.4% 16.6% 12.6% 8.59% 8.44% 9.79%
Dividend per Share 2 0.3896 - 0.6488 0.6456 0.8383 0.8524 1.034 1.166
Rate of return 1.75% - 4.1% 5.33% 6.23% 5.76% 6.99% 7.88%
EPS 2 0.6026 1.203 0.9241 1.138 1.442 1.635 1.791 2.012
Distribution rate 64.7% - 70.2% 56.7% 58.1% 52.1% 57.7% 58%
Net sales 1 10,572 13,271 13,648 14,436 15,830 17,005 18,545 20,287
EBITDA 1 1,723 2,401 2,104 2,650 3,187 3,344 3,796 4,212
EBIT 1 813.9 1,407 889.1 1,259 1,797 2,104 2,355 2,704
Net income 1 633.1 1,292 976.3 1,197 1,500 1,609 1,779 2,008
Net Debt 1 180.6 1,812 -1,177 -1,826 -1,500 1,198 1,529 1,904
Reference price 2 22.22 18.62 15.84 12.12 13.45 14.80 14.80 14.80
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.($)
9.05x0.92x4.68x5.76% 2.79B
26.27x4.05x14.33x3.39% 204B
52.11x6.36x26.55x0.72% 161B
27.38x2.59x17.35x0.84% 68.46B
43.18x2.68x10.5x1.42% 34.85B
21.18x3.82x15.29x1.11% 29.14B
21.27x1.43x8.11x4.39% 27.59B
18.42x2.55x11.28x1.95% 22.27B
27.05x1.58x13.37x-.--% 19.48B
13.2x1.61x6.75x4.91% 9.2B
Average 25.91x 2.76x 12.82x 2.45% 57.83B
Weighted average by Cap. 33.54x 4.11x 17.29x 2.03%

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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