Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings 41.21 39.45 100.81 113.14
Price to Sales 4.23 4.07 3.86 5.15
Book Value Per Common Share 43.58 41.81 40.15 39.29
Price to Book 1.95 1.87 1.71 2.22
Price to Operating Cash Flow 20.21 27.75 27.68 31.74
Price to Free Cash Flow 29.83 71.72 71.37 258.75
Enterprise Value to EBITDA 156906.99 171867.36 195324.83 243008.92
Breakdown 2025-06-30 2025-03-31 2024-12-31
Price to Earnings 245.22 133.70 148.93
Price to Sales 16.84 19.01 16.78
Book Value Per Common Share 44.73 44.39 43.58
Price to Book 1.97 2.14 1.95
Price to Operating Cash Flow 86.57 122.40 91.50
Price to Free Cash Flow 188.43 122.40 -199.04
Enterprise Value to EBITDA 1745840.65 1016353.78 1057640.06

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY 4.04 191.18 -11.69
Revenue YoY 4.82 8.47 5.14
EBITDA YoY 19.36 30.35 -2.11
Net Profit YoY 4.52 190.75 -10.90
Breakdown 2025-06-30 2025-03-31 2024-12-31
Earning YoY -49.30 24.56 7.55
Revenue YoY 4.97 -1.16 1.96
EBITDA YoY -46.00 16.62 16.42
Net Profit YoY -49.71 23.24 7.98

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 3.70 2.23 1.99 3.22
Quick Ratio 1.72 1.34 1.08 1.37
Current Ratio 2.77 2.35 1.90 2.18
Debt to Equity 0.41 0.44 0.48 0.45
Long-Term Debt to Equity 0.30 0.32 0.34 0.33
Breakdown 2025-06-30 2025-03-31 2024-12-31
Cash Per Common Share 2.84 2.85 3.70
Quick Ratio 1.41 1.46 1.72
Current Ratio 2.60 2.70 2.77
Debt to Equity 0.42 0.41 0.41
Long-Term Debt to Equity 0.31 0.31 0.30

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA 3.35 3.29 1.15 1.34
ROE 4.72 4.72 1.70 1.95
Gross Margin 55.62 55.49 54.47 56.11
Operating Margin 14.61 10.80 6.85 6.49
EBITDA Margin 27.00 23.71 19.73 21.19
Net Profit Margin 10.27 10.30 3.84 4.54
Breakdown 2025-06-30 2025-03-31 2024-12-31
ROA 0.56 1.13 0.94
ROE 0.80 1.59 1.32
Gross Margin 53.47 55.92 55.36
Operating Margin 9.63 18.72 15.87
EBITDA Margin 9.63 18.72 15.87
Net Profit Margin 6.78 14.15 11.35

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Dividend Yield 0.00 0.00 0.00 0.00
Dividend Payout Ratio 12.77 11.91 29.85 14.36
Breakdown 2025-06-30 2025-03-31 2024-12-31
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 30,347,000.00 29,614,000.00 29,165,000.00 27,999,000.00
   Current Assets 6,309,000.00 5,647,000.00 5,193,000.00 5,386,000.00
      Cash and Short-Term Investments 1,830,000.00 1,101,000.00 980,000.00 1,578,000.00
            Cash and Cash Equivalents 1,676,000.00 1,094,000.00 980,000.00 1,575,000.00
            Short-Term Investments 154,000.00 7,000.00 0 3,000.00
      Net Receivables 2,082,000.00 2,110,000.00 1,989,000.00 1,814,000.00
      Inventory 2,268,000.00 2,322,000.00 2,109,000.00 1,899,000.00
      Other Current Assets 129,000.00 114,000.00 115,000.00 95,000.00
   Non-Current Assets 24,038,000.00 23,967,000.00 23,972,000.00 22,613,000.00
      Property, Plant, Equipment Net 4,838,000.00 4,723,000.00 4,416,000.00 4,083,000.00
      Goodwill 8,946,000.00 8,926,000.00 8,926,000.00 8,905,000.00
      Intangible Assets 8,587,000.00 9,060,000.00 9,689,000.00 8,765,000.00
      Long-Term Investments 751,000.00 319,000.00 108,000.00 52,000.00
      Non-Current Deferred Assets 601,000.00 606,000.00 550,000.00 564,000.00
      Other Non-Current Assets 315,000.00 333,000.00 283,000.00 244,000.00
Liabilities 8,794,000.00 8,990,000.00 9,488,000.00 8,743,000.00
   Current Liabilities 2,278,000.00 2,398,000.00 2,738,000.00 2,472,000.00
      Payables and Expenses 1,497,000.00 1,601,000.00 1,736,000.00 1,624,000.00
            Account Payables 773,000.00 811,000.00 861,000.00 903,000.00
            Current Accrued Liabilities 515,000.00 536,000.00 536,000.00 383,000.00
      Short-Term Debt 169,000.00 124,000.00 168,000.00 174,000.00
      Other Current Liabilities 612,000.00 673,000.00 834,000.00 674,000.00
   Non-Current Liabilities 6,516,000.00 6,592,000.00 6,750,000.00 6,271,000.00
      Long-Term Debt 4,967,000.00 5,011,000.00 4,900,000.00 4,305,000.00
      Other Non-Current Liabilities 1,549,000.00 1,581,000.00 1,850,000.00 1,966,000.00
Equity 21,553,000.00 20,624,000.00 19,677,000.00 19,256,000.00
   Shareholders Equity 21,553,000.00 20,624,000.00 19,677,000.00 19,256,000.00
      Capital Stock 20,000.00 20,000.00 20,000.00 20,000.00
      Share Premium 0 0 0 0
      Retained Earnings 0 0 0 0
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income 21,533,000.00 20,604,000.00 19,657,000.00 19,236,000.00
   Minority Interest 0 0 0 0
Debt 5,136,000.00 5,135,000.00 5,068,000.00 4,479,000.00
Net Debt 2,963,000.00 3,635,000.00 3,658,000.00 2,498,000.00
Common Shares Outstanding 494,616.32 493,244.48 490,086.98 490,086.98
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 9,911,000.00 9,455,000.00 8,717,000.00 8,291,000.00
Cost Of Revenue 4,399,000.00 4,208,000.00 3,969,000.00 3,639,000.00
Interest Income 84,000.00 45,000.00 16,000.00 3,000.00
Interest Expense 192,000.00 189,000.00 134,000.00 120,000.00
Non-Interest Expense 3,250,000.00 3,209,000.00 3,068,000.00 3,076,000.00
Gross Profit 5,512,000.00 5,247,000.00 4,748,000.00 4,652,000.00
Operating Expenses 4,099,000.00 4,208,000.00 4,076,000.00 4,072,000.00
   Selling, General and Administrative Expenses 3,250,000.00 3,209,000.00 3,068,000.00 3,076,000.00
   Research and Development Expenses 876,000.00 828,000.00 702,000.00 842,000.00
   Other Operating Expenses -27,000.00 171,000.00 306,000.00 154,000.00
Operating Income 1,413,000.00 1,039,000.00 672,000.00 580,000.00
EBT 1,256,000.00 832,000.00 463,000.00 418,000.00
Income Tax 238,000.00 -142,000.00 128,000.00 42,000.00
Net Income Including Non-Controlling Interests 1,018,000.00 974,000.00 335,000.00 376,000.00
Net Income 1,018,000.00 974,000.00 335,000.00 376,000.00
EBIT 1,448,000.00 1,021,000.00 597,000.00 538,000.00
Deprecation and Amortization 1,228,000.00 1,221,000.00 1,123,000.00 1,219,000.00
EBITDA 2,676,000.00 2,242,000.00 1,720,000.00 1,757,000.00
EPS 0.00 0.00 0.00 0.00
Diluted EPS 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 494,400.00 493,000.00 491,400.00 490,000.00
Average Shares Outstanding Diluted 497,500.00 496,500.00 494,400.00 493,400.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow 2,077,000.00 1,388,000.00 1,217,000.00 1,345,000.00
   Operating Net Income 1,018,000.00 974,000.00 335,000.00 376,000.00
   Deprecation and Amortization 1,228,000.00 1,221,000.00 1,123,000.00 1,219,000.00
   Deferred Income Tax 238,000.00 -142,000.00 128,000.00 42,000.00
   Share Based Compensation 150,000.00 144,000.00 140,000.00 138,000.00
   Change in Working Capital -189,000.00 -404,000.00 -522,000.00 -314,000.00
   Other Operating Activities -368,000.00 -405,000.00 13,000.00 -116,000.00
Investing Cash Flow -1,167,000.00 -1,094,000.00 -1,865,000.00 -1,198,000.00
   Capital Expenditure 0 0 0 0
   Net Purchase/Sale of PPE -473,000.00 -658,000.00 -636,000.00 -700,000.00
   Net Purchase/Sale of Investments Net -269,000.00 -231,000.00 31,000.00 -18,000.00
   Net Purchase/Sale of Business -220,000.00 -10,000.00 -666,000.00 0
   Other Investing Activities -205,000.00 -195,000.00 -594,000.00 -480,000.00
Financing Cash Flow -322,000.00 -211,000.00 -8,000.00 -123,000.00
   Net Issuance/Repayment of Debt -137,000.00 -7,000.00 208,000.00 -63,000.00
   Net Issuance/Repurchase of Equity 0 0 0 0
   Dividends Paid -130,000.00 -116,000.00 -100,000.00 -54,000.00
   Other Financing Activities -55,000.00 -88,000.00 -116,000.00 -6,000.00
Net Change in Cash 588,000.00 83,000.00 -656,000.00 24,000.00
   Cash at Beginning of Period 1,094,000.00 980,000.00 1,575,000.00 1,557,000.00
   Cash at End of Period 1,676,000.00 1,094,000.00 980,000.00 1,575,000.00
Free Cash Flow 1,407,000.00 537,000.00 472,000.00 165,000.00
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-06-30 2024-03-31
Assets 31,387,000.00 31,008,000.00 30,347,000.00 29,718,000.00 29,565,000.00
   Current Assets 6,306,000.00 6,067,000.00 6,309,000.00 5,987,000.00 5,704,000.00
      Cash and Short-Term Investments 1,408,000.00 1,412,000.00 1,830,000.00 0 0
            Cash and Cash Equivalents 1,408,000.00 1,412,000.00 1,676,000.00 0 0
            Short-Term Investments 0 0 154,000.00 0 0
      Net Receivables 2,015,000.00 1,857,000.00 2,082,000.00 1,849,000.00 1,836,000.00
      Inventory 2,394,000.00 2,343,000.00 2,268,000.00 2,332,000.00 2,319,000.00
      Other Current Assets 489,000.00 455,000.00 129,000.00 0 0
   Non-Current Assets 25,081,000.00 24,941,000.00 24,038,000.00 23,731,000.00 23,861,000.00
      Property, Plant, Equipment Net 5,075,000.00 4,903,000.00 4,838,000.00 4,686,000.00 4,682,000.00
      Goodwill 9,181,000.00 9,176,000.00 8,946,000.00 8,926,000.00 8,926,000.00
      Intangible Assets 9,195,000.00 9,383,000.00 8,587,000.00 8,760,000.00 8,922,000.00
      Long-Term Investments 763,000.00 498,000.00 751,000.00 412,000.00 389,000.00
      Non-Current Deferred Assets 470,000.00 605,000.00 601,000.00 448,000.00 441,000.00
      Other Non-Current Assets 397,000.00 376,000.00 315,000.00 499,000.00 501,000.00
Liabilities 9,257,000.00 8,989,000.00 8,794,000.00 8,777,000.00 8,738,000.00
   Current Liabilities 2,424,000.00 2,246,000.00 2,278,000.00 2,340,000.00 2,271,000.00
      Payables and Expenses 1,110,000.00 969,000.00 1,497,000.00 1,055,000.00 960,000.00
            Account Payables 895,000.00 842,000.00 773,000.00 868,000.00 818,000.00
            Current Accrued Liabilities 0 0 515,000.00 0 0
      Short-Term Debt 147,000.00 177,000.00 169,000.00 207,000.00 205,000.00
      Other Current Liabilities 1,167,000.00 1,100,000.00 612,000.00 1,078,000.00 1,106,000.00
   Non-Current Liabilities 6,833,000.00 6,743,000.00 6,516,000.00 6,437,000.00 6,467,000.00
      Long-Term Debt 5,104,000.00 5,025,000.00 4,967,000.00 4,882,000.00 4,881,000.00
      Other Non-Current Liabilities 1,729,000.00 1,718,000.00 1,549,000.00 1,555,000.00 1,586,000.00
Equity 22,130,000.00 22,019,000.00 21,553,000.00 20,941,000.00 20,827,000.00
   Shareholders Equity 22,114,000.00 22,003,000.00 21,553,000.00 20,941,000.00 20,827,000.00
      Capital Stock 20,000.00 20,000.00 20,000.00 20,000.00 20,000.00
      Share Premium 0 0 0 0 0
      Retained Earnings 0 0 0 0 0
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 22,094,000.00 21,983,000.00 21,533,000.00 20,921,000.00 20,807,000.00
   Minority Interest 16,000.00 16,000.00 0 0 0
Debt 5,251,000.00 5,202,000.00 5,136,000.00 5,089,000.00 5,086,000.00
Net Debt 3,327,000.00 3,289,000.00 2,963,000.00 3,314,000.00 3,550,000.00
Common Shares Outstanding 494,400.00 495,700.00 494,616.32 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Revenues 2,614,000.00 2,596,000.00 2,473,000.00 2,502,000.00 2,454,000.00
Cost Of Revenue 1,156,000.00 1,208,000.00 1,090,000.00 1,117,000.00 1,083,000.00
Interest Expense 51,000.00 51,000.00 49,000.00 48,000.00 49,000.00
Non-Interest Expense 865,000.00 870,000.00 813,000.00 802,000.00 809,000.00
Gross Profit 1,458,000.00 1,388,000.00 1,383,000.00 1,385,000.00 1,371,000.00
Operating Expenses 1,126,000.00 1,141,000.00 915,000.00 990,000.00 1,039,000.00
   Selling, General and Administrative Expenses 865,000.00 870,000.00 813,000.00 802,000.00 809,000.00
   Research and Development Expenses 250,000.00 245,000.00 222,000.00 232,000.00 225,000.00
   Other Operating Expenses 11,000.00 26,000.00 -120,000.00 -44,000.00 5,000.00
Operating Income 332,000.00 247,000.00 468,000.00 395,000.00 332,000.00
EBT 283,000.00 199,000.00 414,000.00 349,000.00 292,000.00
Income Tax 46,000.00 23,000.00 64,000.00 65,000.00 29,000.00
Net Income Including Non-Controlling Interests 237,000.00 176,000.00 350,000.00 284,000.00 263,000.00
Net Income 237,000.00 176,000.00 350,000.00 284,000.00 263,000.00
EBIT 334,000.00 250,000.00 463,000.00 397,000.00 341,000.00
EBITDA 334,000.00 250,000.00 463,000.00 397,000.00 341,000.00
EPS 0.00 0.00 0.00 0.00 0.00
Diluted EPS 0.00 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 493,200.00 495,200.00 495,100.00 494,700.00 494,600.00
Average Shares Outstanding Diluted 495,900.00 497,900.00 498,000.00 498,100.00 497,700.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31
Operating Cash Flow 724,000.00 505,000.00 384,000.00 459,000.00 747,000.00 0 0
   Operating Net Income 0 0 0 0 0 223,000.00 248,000.00
   Deprecation and Amortization 0 0 0 0 0 311,000.00 296,000.00
   Deferred Income Tax 0 0 0 0 0 57,000.00 87,000.00
   Share Based Compensation 0 0 0 0 0 34,000.00 43,000.00
   Change in Working Capital 0 0 0 0 0 -29,000.00 -287,000.00
   Other Operating Activities 0 0 0 0 0 0 0
Investing Cash Flow -312,000.00 -154,000.00 -578,000.00 -333,000.00 -483,000.00 0 0
   Capital Expenditure 0 0 0 0 0 0 0
   Net Purchase/Sale of PPE 0 0 0 0 0 -92,000.00 -112,000.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0 -13,000.00 -75,000.00
   Net Purchase/Sale of Business 0 0 0 0 0 0 0
   Other Investing Activities 0 0 0 0 0 0 0
Financing Cash Flow -310,000.00 -383,000.00 -96,000.00 -4,000.00 -81,000.00 0 0
   Net Issuance/Repayment of Debt 0 0 0 0 0 -15,000.00 -43,000.00
   Net Issuance/Repurchase of Equity 0 0 0 0 0 0 0
   Dividends Paid 0 0 0 0 0 0 0
   Other Financing Activities 0 0 0 0 0 0 0
Net Change in Cash 0 0 0 0 0 226,000.00 57,000.00
   Cash at Beginning of Period 0 0 0 0 0 1,141,000.00 1,094,000.00
   Cash at End of Period 0 0 0 0 0 1,372,000.00 1,141,000.00
Free Cash Flow 997,000.00 232,000.00 384,000.00 -211,000.00 1,010,000.00 0 0