Valuation Ratios

Breakdown 2024-12-31 2023-12-31
Price to Earnings 9.61 6.70
Price to Sales 0.21 0.25
Book Value Per Common Share -24.84 -8.45
Price to Book -3.13 -11.95
Price to Operating Cash Flow 5.75 4.54
Price to Free Cash Flow
Enterprise Value to EBITDA 32371.87 37387.39
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31
Price to Earnings 17.51 19.39 50.95 25.63 48.53 60.31
Price to Sales 0.34 0.44 0.88 0.35 0.57 1.10
Book Value Per Common Share 80.00 80.92 -17.11 -18.14 -20.27 -12.80
Price to Book 1.02 0.99 -4.47 -5.33 -5.27 -8.01
Price to Operating Cash Flow -31.84 -7.96 -35.95 16.19 -31.71 14.80
Price to Free Cash Flow
Enterprise Value to EBITDA 55769.87 64120.82 138078.99 91591.63 163850.61 249780.26

Earnings Data

Breakdown 2024-12-31 2023-12-31
Earning YoY -46.32
Revenue YoY -10.80
EBITDA YoY -15.98
Net Profit YoY -49.31
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31
Earning YoY 12.08 176.00 71.36 29.41
Revenue YoY 90.75 109.67 48.42 98.69
EBITDA YoY 70.55 126.95 105.54 61.14 57.73
Net Profit YoY 29.91 176.12 356.82 70.38 28.69

Financial Strength

Breakdown 2024-12-31 2023-12-31
Cash Per Common Share 30.80 22.26
Quick Ratio 0.63 0.51
Current Ratio 1.92 1.91
Debt to Equity 6.00 4.16
Long-Term Debt to Equity 5.07 3.19
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31
Cash Per Common Share 17.72 56.06 32.37 25.24 13.63 26.24
Quick Ratio 0.43 0.94 0.77 0.73 0.55 0.71
Current Ratio 1.67 2.09 2.07 2.13 2.10 2.05
Debt to Equity 3.84 3.88 5.61 3.63 3.54 3.57
Long-Term Debt to Equity 3.27 3.28 4.86 2.93 2.84 2.83

Profitability

Breakdown 2024-12-31 2023-12-31
ROA 1.48 3.68
ROE 10.39 18.99
Gross Margin 7.74 9.66
Operating Margin 3.76 5.99
EBITDA Margin 6.36 6.75
Net Profit Margin 2.14 3.77
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31
ROA 0.53 0.64 0.26 1.04 0.63 0.46
ROE 2.54 3.14 1.74 4.80 2.86 2.12
Gross Margin 5.15 5.47 5.13 5.84 5.78 6.53
Operating Margin 3.14 4.05 3.33 2.91 2.64 3.56
EBITDA Margin 6.17 6.90 6.37 3.78 3.48 4.39
Net Profit Margin 1.55 2.27 1.73 1.35 1.18 1.82

Dividends

Breakdown 2024-12-31 2023-12-31
Dividend Yield
Dividend Payout Ratio
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30 2024-06-30 2024-03-31
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31
Assets 76,613,000.00 60,960,000.00
   Current Assets 19,590,000.00 21,934,000.00
      Cash and Short-Term Investments 4,329,000.00 3,313,000.00
            Cash and Cash Equivalents 3,845,000.00 3,208,000.00
            Short-Term Investments 484,000.00 105,000.00
      Net Receivables 2,150,000.00 2,593,000.00
      Inventory 13,036,000.00 14,286,000.00
      Other Current Assets 75,000.00 1,742,000.00
   Non-Current Assets 57,023,000.00 39,026,000.00
      Property, Plant, Equipment Net 6,641,000.00 5,663,000.00
      Goodwill 453,000.00 489,000.00
      Intangible Assets 321,000.00 398,000.00
      Long-Term Investments 779,000.00 1,280,000.00
      Non-Current Deferred Assets 645,000.00 773,000.00
      Other Non-Current Assets 48,184,000.00 30,423,000.00
Liabilities 65,668,000.00 49,146,000.00
   Current Liabilities 10,223,000.00 11,490,000.00
      Payables and Expenses 3,697,000.00 4,599,000.00
            Account Payables 2,857,000.00 3,734,000.00
            Current Accrued Liabilities 840,000.00 865,000.00
      Short-Term Debt 2,705,000.00 3,083,000.00
      Other Current Liabilities 3,821,000.00 3,808,000.00
   Non-Current Liabilities 55,445,000.00 37,656,000.00
      Long-Term Debt 5,420,000.00 4,746,000.00
      Other Non-Current Liabilities 50,025,000.00 32,910,000.00
Equity 10,945,000.00 11,814,000.00
   Shareholders Equity -3,491,000.00 -1,257,000.00
      Capital Stock 0 0
      Share Premium 5,325,000.00 5,900,000.00
      Retained Earnings 12,838,000.00 12,077,000.00
      Treasury Shares 1,549,000.00 1,073,000.00
      Accumulated Other Comprehensive Income -6,842,000.00 -6,174,000.00
   Minority Interest 1,032,000.00 963,000.00
Investments 779,000.00 1,280,000.00
Debt 8,125,000.00 7,829,000.00
Net Debt 3,796,000.00 4,516,000.00
Common Shares Outstanding 0 0
Breakdown 2024-12-31 2023-12-31
Revenues 53,108,000.00 59,540,000.00
Cost Of Revenue 49,000,000.00 53,788,000.00
Gross Profit 4,108,000.00 5,752,000.00
   Selling, General and Administrative Expenses 4,670,000.00 1,715,000.00
   Research and Development Expenses 30,000.00 35,000.00
Interest Expense 471,000.00 516,000.00
EBT 1,524,000.00 3,051,000.00
Income Tax 336,000.00 714,000.00
Net Income Including Non-Controlling Interests 1,086,000.00 2,149,000.00
Net Income Non-Controlling Interests 51,000.00 94,000.00
Net Income 1,137,000.00 2,243,000.00
EBIT 1,995,000.00 3,567,000.00
Deprecation and Amortization 1,381,000.00 451,000.00
EBITDA 3,376,000.00 4,018,000.00
EPS 0.01 0.02
Diluted EPS 0.01 0.01
Average Shares Outstanding Basic 140,539.65 148,804.39
Average Shares Outstanding Diluted 142,223.22 150,787.92
Breakdown 2024-12-31 2023-12-31
Operating Cash Flow 1,900,000.00 3,308,000.00
   Operating Net Income 1,149,000.00 2,620,000.00
   Deprecation and Amortization 1,381,000.00 451,000.00
   Deferred Income Tax -10,000.00 -1,000.00
   Share Based Compensation 0 0
   Change in Working Capital -842,000.00 -3,116,000.00
   Other Operating Activities 222,000.00 3,354,000.00
Investing Cash Flow -1,114,000.00 -1,009,000.00
   Capital Expenditure 0.00 0.00
   Net Purchase/Sale of PPE 1,384,000.00 1,292,000.00
   Net Purchase/Sale of Investments Net 2,258,000.00 42,000.00
   Net Purchase/Sale of Business 1,517,000.00 136,000.00
   Other Investing Activities -6,273,000.00 -2,479,000.00
Financing Cash Flow -90,000.00 -856,000.00
   Net Issuance/Repayment of Debt 5,076,000.00 4,526,000.00
   Net Issuance/Repurchase of Equity 1,164,000.00 609,000.00
   Dividends Paid 378,000.00 400,000.00
   Other Financing Activities -6,708,000.00 -6,391,000.00
Net Change in Cash 705,000.00 1,471,000.00
   Cash at Beginning of Period 2,623,000.00 1,152,000.00
   Cash at End of Period 3,328,000.00 2,623,000.00
Free Cash Flow 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31
Assets 137,286,000.00 86,132,000.00 76,325,000.00 76,613,000.00 51,631,000.00 49,905,000.00 52,697,000.00 60,960,000.00
   Current Assets 27,121,000.00 21,931,000.00 17,909,000.00 19,590,000.00 16,568,000.00 16,139,000.00 17,477,000.00 21,934,000.00
      Cash and Short-Term Investments 3,492,000.00 7,540,000.00 4,340,000.00 4,329,000.00 3,581,000.00 1,943,000.00 3,766,000.00 3,313,000.00
            Cash and Cash Equivalents 1,644,000.00 7,193,000.00 3,702,000.00 3,845,000.00 3,403,000.00 1,777,000.00 3,567,000.00 3,208,000.00
            Short-Term Investments 1,848,000.00 347,000.00 638,000.00 484,000.00 178,000.00 166,000.00 199,000.00 105,000.00
      Net Receivables 3,496,000.00 2,260,000.00 2,335,000.00 2,150,000.00 2,104,000.00 2,280,000.00 2,286,000.00 2,593,000.00
      Inventory 26,664,000.00 16,078,000.00 15,685,000.00 13,036,000.00 14,977,000.00 16,155,000.00 15,061,000.00 14,286,000.00
      Other Current Assets -6,531,000.00 -3,947,000.00 -4,451,000.00 75,000.00 -4,094,000.00 -4,239,000.00 -3,636,000.00 1,742,000.00
   Non-Current Assets 110,165,000.00 64,201,000.00 58,416,000.00 57,023,000.00 35,063,000.00 33,766,000.00 35,220,000.00 39,026,000.00
      Property, Plant, Equipment Net 13,896,000.00 7,345,000.00 6,966,000.00 6,641,000.00 6,420,000.00 5,961,000.00 5,772,000.00 5,663,000.00
      Goodwill 2,769,000.00 460,000.00 463,000.00 453,000.00 482,000.00 466,000.00 480,000.00 489,000.00
      Intangible Assets 328,000.00 316,000.00 319,000.00 321,000.00 358,000.00 355,000.00 380,000.00 398,000.00
      Long-Term Investments 1,490,000.00 862,000.00 800,000.00 779,000.00 1,505,000.00 1,625,000.00 1,296,000.00 1,280,000.00
      Non-Current Deferred Assets 789,000.00 646,000.00 648,000.00 645,000.00 725,000.00 698,000.00 743,000.00 773,000.00
      Other Non-Current Assets 90,893,000.00 54,572,000.00 49,220,000.00 48,184,000.00 25,573,000.00 24,661,000.00 26,549,000.00 30,423,000.00
Liabilities 108,933,000.00 68,465,000.00 64,781,000.00 65,668,000.00 40,475,000.00 38,921,000.00 41,169,000.00 49,146,000.00
   Current Liabilities 16,195,000.00 10,480,000.00 8,633,000.00 10,223,000.00 7,781,000.00 7,686,000.00 8,524,000.00 11,490,000.00
      Payables and Expenses 6,210,000.00 3,745,000.00 4,642,000.00 3,697,000.00 4,052,000.00 4,181,000.00 5,248,000.00 4,599,000.00
            Account Payables 4,841,000.00 2,952,000.00 3,899,000.00 2,857,000.00 3,268,000.00 3,481,000.00 4,543,000.00 3,734,000.00
            Current Accrued Liabilities 1,369,000.00 793,000.00 743,000.00 840,000.00 784,000.00 700,000.00 705,000.00 865,000.00
      Short-Term Debt 10,717,000.00 8,042,000.00 3,616,000.00 2,705,000.00 2,461,000.00 2,203,000.00 2,341,000.00 3,083,000.00
      Other Current Liabilities -732,000.00 -1,307,000.00 375,000.00 3,821,000.00 1,268,000.00 1,302,000.00 935,000.00 3,808,000.00
   Non-Current Liabilities 92,738,000.00 57,985,000.00 56,148,000.00 55,445,000.00 32,694,000.00 31,235,000.00 32,645,000.00 37,656,000.00
      Long-Term Debt 11,079,000.00 7,789,000.00 5,456,000.00 5,420,000.00 5,501,000.00 4,782,000.00 4,756,000.00 4,746,000.00
      Other Non-Current Liabilities 81,659,000.00 50,196,000.00 50,692,000.00 50,025,000.00 27,193,000.00 26,453,000.00 27,889,000.00 32,910,000.00
Equity 28,353,000.00 17,667,000.00 11,544,000.00 10,945,000.00 11,156,000.00 10,984,000.00 11,528,000.00 11,814,000.00
   Shareholders Equity 15,768,000.00 10,883,000.00 -2,294,000.00 -3,491,000.00 -2,573,000.00 -2,890,000.00 -1,837,000.00 -1,257,000.00
      Capital Stock 0 0 0 0 0 0 0 0
      Share Premium 10,871,000.00 5,502,000.00 5,490,000.00 5,325,000.00 5,881,000.00 5,869,000.00 5,854,000.00 5,900,000.00
      Retained Earnings 13,053,000.00 13,011,000.00 13,034,000.00 12,838,000.00 12,231,000.00 12,005,000.00 12,321,000.00 12,077,000.00
      Treasury Shares 2,051,000.00 1,508,000.00 1,511,000.00 1,549,000.00 1,624,000.00 1,427,000.00 1,431,000.00 1,073,000.00
      Accumulated Other Comprehensive Income -6,107,000.00 -6,123,000.00 -6,436,000.00 -6,842,000.00 -6,502,000.00 -6,525,000.00 -6,194,000.00 -6,174,000.00
   Minority Interest 1,462,000.00 1,012,000.00 966,000.00 1,032,000.00 1,021,000.00 982,000.00 977,000.00 963,000.00
Investments 1,490,000.00 862,000.00 800,000.00 779,000.00 1,505,000.00 1,625,000.00 1,296,000.00 1,280,000.00
Debt 21,796,000.00 15,831,000.00 9,072,000.00 8,125,000.00 7,962,000.00 6,985,000.00 7,097,000.00 7,829,000.00
Net Debt 18,304,000.00 8,291,000.00 4,732,000.00 3,796,000.00 4,381,000.00 5,042,000.00 3,331,000.00 4,516,000.00
Common Shares Outstanding 0 0 0 0 0 0 0 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31
Revenues 46,567,000.00 24,412,000.00 11,643,000.00 -26,533,000.00 39,566,000.00 26,658,000.00 13,417,000.00
Cost Of Revenue 44,169,000.00 23,077,000.00 11,046,000.00 -25,913,000.00 37,254,000.00 25,118,000.00 12,541,000.00
Gross Profit 2,398,000.00 1,335,000.00 597,000.00 -620,000.00 2,312,000.00 1,540,000.00 876,000.00
   Selling, General and Administrative Expenses 3,890,000.00 2,126,000.00 1,018,000.00 2,018,000.00 1,325,000.00 888,000.00 439,000.00
   Research and Development Expenses 0 0 0 30,000.00 0 0 0
Interest Expense 412,000.00 210,000.00 104,000.00 -226,000.00 358,000.00 231,000.00 108,000.00
EBT 1,048,000.00 778,000.00 284,000.00 -111,000.00 794,000.00 472,000.00 369,000.00
Income Tax 290,000.00 204,000.00 80,000.00 -164,000.00 236,000.00 147,000.00 117,000.00
Net Income Including Non-Controlling Interests 687,000.00 536,000.00 198,000.00 35,000.00 512,000.00 303,000.00 236,000.00
Net Income Non-Controlling Interests 34,000.00 19,000.00 3,000.00 9,000.00 23,000.00 11,000.00 8,000.00
Net Income 721,000.00 555,000.00 201,000.00 44,000.00 535,000.00 314,000.00 244,000.00
EBIT 1,460,000.00 988,000.00 388,000.00 -337,000.00 1,152,000.00 703,000.00 477,000.00
Deprecation and Amortization 1,412,000.00 696,000.00 354,000.00 698,000.00 345,000.00 226,000.00 112,000.00
EBITDA 2,872,000.00 1,684,000.00 742,000.00 361,000.00 1,497,000.00 929,000.00 589,000.00
EPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Diluted EPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 197,111.08 134,493.24 134,061.60 134,221.49 141,875.30 142,560.80 143,501.02
Average Shares Outstanding Diluted 198,477.02 135,599.24 135,407.82 135,615.53 143,571.88 144,291.34 145,414.14
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 -503,000.00 -1,357,000.00 -285,000.00 539,000.00 847,000.00 -480,000.00 994,000.00
   Operating Net Income 755,000.00 574,000.00 204,000.00 14,000.00 558,000.00 325,000.00 252,000.00
   Deprecation and Amortization 1,412,000.00 696,000.00 354,000.00 698,000.00 345,000.00 226,000.00 112,000.00
   Deferred Income Tax -88,000.00 20,000.00 22,000.00 70,000.00 -43,000.00 -27,000.00 -10,000.00
   Share Based Compensation 0 0 0 0 49,000.00 34,000.00 17,000.00
   Change in Working Capital 434,000.00 1,318,000.00 2,167,000.00 -2,648,000.00 -375,000.00 1,031,000.00 1,150,000.00
   Other Operating Activities -3,016,000.00 -3,965,000.00 -3,032,000.00 2,505,000.00 313,000.00 -2,069,000.00 -527,000.00
Investing Cash Flow -5,524,000.00 -102,000.00 -280,000.00 787,000.00 -957,000.00 -548,000.00 -396,000.00
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 2,131,000.00 1,188,000.00 310,000.00 -281,000.00 893,000.00 536,000.00 236,000.00
   Net Purchase/Sale of Investments Net 3,640,000.00 1,568,000.00 727,000.00 -1,195,000.00 1,630,000.00 1,210,000.00 613,000.00
   Net Purchase/Sale of Business 4,285,000.00 163,000.00 125,000.00 1,254,000.00 126,000.00 121,000.00 16,000.00
   Other Investing Activities -15,580,000.00 -3,021,000.00 -1,442,000.00 1,009,000.00 -3,606,000.00 -2,415,000.00 -1,261,000.00
Financing Cash Flow 4,021,000.00 4,938,000.00 490,000.00 181,000.00 376,000.00 -388,000.00 -259,000.00
   Net Issuance/Repayment of Debt 9,341,000.00 6,444,000.00 830,000.00 -1,315,000.00 4,312,000.00 1,373,000.00 706,000.00
   Net Issuance/Repurchase of Equity 30,000.00 30,000.00 7,000.00 1,077,000.00 41,000.00 31,000.00 15,000.00
   Dividends Paid 324,000.00 185,000.00 91,000.00 -195,000.00 287,000.00 191,000.00 95,000.00
   Other Financing Activities -5,674,000.00 -1,721,000.00 -438,000.00 614,000.00 -4,264,000.00 -1,983,000.00 -1,075,000.00
Net Change in Cash -2,003,000.00 3,484,000.00 -79,000.00 1,531,000.00 266,000.00 -1,422,000.00 330,000.00
   Cash at Beginning of Period 3,328,000.00 3,328,000.00 3,328,000.00 1,797,000.00 2,623,000.00 2,623,000.00 2,623,000.00
   Cash at End of Period 1,325,000.00 6,812,000.00 3,249,000.00 3,328,000.00 2,889,000.00 1,201,000.00 2,953,000.00
Free Cash Flow 0 0 0 0 0 0 0