Valuation Ratios

Breakdown 2024-12-31
Price to Earnings -11.89
Price to Sales 2.80
Book Value Per Common Share 18.43
Price to Book 1.29
Price to Operating Cash Flow 14.30
Price to Free Cash Flow
Enterprise Value to EBITDA 104209.17
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Price to Earnings 19.28 80.40 -22.58 -14.29
Price to Sales 3.22 4.91 7.70 2.84
Book Value Per Common Share 19.93 18.77 17.49 18.43 19.06
Price to Book 1.16 1.28 1.20 1.29 0.96
Price to Operating Cash Flow 11.31 20.68 78.65 16.36
Price to Free Cash Flow
Enterprise Value to EBITDA 62609.19 124080.87 83819.05

Earnings Data

Breakdown 2024-12-31
Earning YoY
Revenue YoY
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Earning YoY 300.00
Revenue YoY 46.27 80.02 -46.31
EBITDA YoY 101.85
Net Profit YoY 296.65

Financial Strength

Breakdown 2024-12-31
Cash Per Common Share 0.21
Quick Ratio 0.41
Current Ratio 0.99
Debt to Equity 0.80
Long-Term Debt to Equity 0.67
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Cash Per Common Share 1.09 0.30 0.18 0.18 0.47
Quick Ratio 0.85 0.52 0.35 0.41 0.66
Current Ratio 0.93 0.62 0.41 0.99 0.90
Debt to Equity 0.58 0.44 0.52 0.80 0.42
Long-Term Debt to Equity 0.46 0.33 0.35 0.67 0.33

Profitability

Breakdown 2024-12-31
ROA 0.66
ROE 1.18
Gross Margin
Operating Margin -10.39
EBITDA Margin 31.93
Net Profit Margin 3.49
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
ROA 3.45 1.10 -0.85 2.43
ROE 5.47 1.58 -1.29 3.45
Gross Margin
Operating Margin 30.83 16.19 -37.54 -3.36
EBITDA Margin 54.64 39.60 -16.03 42.55
Net Profit Margin 16.89 6.23 -8.30 12.83

Dividends

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

Financial Statements

Breakdown 2024-12-31
Assets 3,214,444.00
   Current Assets 235,475.00
      Cash and Short-Term Investments 14,868.00
            Cash and Cash Equivalents 14,868.00
            Short-Term Investments 0
      Net Receivables 81,249.00
      Inventory 6,255.00
      Other Current Assets 133,103.00
   Non-Current Assets 2,978,969.00
      Property, Plant, Equipment Net 118,701.00
      Goodwill 18,417.00
      Intangible Assets 0
      Long-Term Investments 115,173.00
      Non-Current Deferred Assets 0
      Other Non-Current Assets 2,726,678.00
Liabilities 1,427,553.00
   Current Liabilities 237,199.00
      Payables and Expenses 121,366.00
            Account Payables 53,238.00
            Current Accrued Liabilities 2,838.00
      Short-Term Debt 0
      Other Current Liabilities 115,833.00
   Non-Current Liabilities 1,190,354.00
      Long-Term Debt 165,000.00
      Other Non-Current Liabilities 1,025,354.00
Equity 1,786,891.00
   Shareholders Equity 1,559,574.00
      Capital Stock 1,512.00
      Share Premium 1,447,671.00
      Retained Earnings 117,054.00
      Treasury Shares 6,663.00
      Accumulated Other Comprehensive Income 0
   Minority Interest 0
Investments 115,173.00
Debt 165,000.00
Net Debt 150,132.00
Common Shares Outstanding 84,600.30
Breakdown 2024-12-31
Revenues 604,530.00
Operating Expenses 1,067,178.00
   Selling, General and Administrative Expenses 139,482.00
   Other Operating Expenses 927,696.00
Operating Income -64,284.00
Net Non-Operating Income -122,191.00
Interest Income 127,530.00
Interest Expense 123,671.00
Net Interest 3,859.00
EBT -186,475.00
Income Tax 43,605.00
Equity Method Investments Income 10,423.00
Net Income 21,085.00
EBIT -62,804.00
Deprecation and Amortization 255,859.00
EBITDA 193,055.00
EPS -0.00
Diluted EPS -0.00
Average Shares Outstanding Basic 71,288.00
Average Shares Outstanding Diluted 71,288.00
Breakdown 2024-12-31
Operating Cash Flow 118,538.00
   Operating Net Income -264,655.00
   Deprecation and Amortization 255,859.00
   Deferred Income Tax -44,811.00
   Share Based Compensation 16,316.00
   Change in Working Capital -10,320.00
   Other Operating Activities 166,149.00
Investing Cash Flow 36,066.00
   Capital Expenditure 0.00
   Net Purchase/Sale of PPE 100,916.00
   Net Purchase/Sale of Investments Net 649.00
   Net Purchase/Sale of Business 132,571.00
   Other Investing Activities -198,070.00
Financing Cash Flow -304,805.00
   Net Issuance/Repayment of Debt 440,000.00
   Net Issuance/Repurchase of Equity 265,661.00
   Dividends Paid 0
   Other Financing Activities -1,010,466.00
Net Change in Cash -150,201.00
   Cash at Beginning of Period 165,069.00
   Cash at End of Period 14,868.00
Free Cash Flow 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Assets 2,975,427.00 2,358,347.00 2,251,007.00 3,214,444.00 2,267,557.00
   Current Assets 220,040.00 108,670.00 105,082.00 235,475.00 125,732.00
      Cash and Short-Term Investments 91,951.00 25,779.00 15,299.00 14,868.00 31,318.00
            Cash and Cash Equivalents 91,951.00 25,779.00 15,299.00 14,868.00 31,318.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 108,186.00 65,440.00 72,983.00 81,249.00 60,571.00
      Inventory 6,422.00 6,960.00 6,079.00 6,255.00 0
      Other Current Assets 13,481.00 10,491.00 10,721.00 133,103.00 33,843.00
   Non-Current Assets 2,755,387.00 2,249,677.00 2,145,925.00 2,978,969.00 2,141,825.00
      Property, Plant, Equipment Net 148,170.00 127,240.00 116,443.00 118,701.00 111,332.00
      Goodwill 18,417.00 18,417.00 18,417.00 18,417.00 18,417.00
      Intangible Assets 0 0 0 0 0
      Long-Term Investments 135,726.00 114,676.00 105,588.00 115,173.00 132,352.00
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 2,453,074.00 1,989,344.00 1,905,477.00 2,726,678.00 1,879,724.00
Liabilities 1,097,211.00 720,978.00 769,213.00 1,427,553.00 668,328.00
   Current Liabilities 236,120.00 174,731.00 253,557.00 237,199.00 138,997.00
      Payables and Expenses 226,506.00 128,411.00 105,471.00 121,366.00 112,183.00
            Account Payables 88,034.00 76,005.00 59,240.00 53,238.00 54,381.00
            Current Accrued Liabilities 2,333.00 2,265.00 1,868.00 2,838.00 2,068.00
      Short-Term Debt 0 0 0 0 0
      Other Current Liabilities 9,614.00 46,320.00 148,086.00 115,833.00 26,814.00
   Non-Current Liabilities 861,091.00 546,247.00 515,656.00 1,190,354.00 529,331.00
      Long-Term Debt 486,559.00 200,000.00 200,000.00 165,000.00 190,000.00
      Other Non-Current Liabilities 374,532.00 346,247.00 315,656.00 1,025,354.00 339,331.00
Equity 1,878,216.00 1,637,369.00 1,481,794.00 1,786,891.00 1,599,229.00
   Shareholders Equity 1,793,202.00 1,590,131.00 1,481,794.00 1,559,574.00 1,599,229.00
      Capital Stock 1,566.00 1,513.00 1,513.00 1,512.00 1,505.00
      Share Premium 1,579,307.00 1,452,602.00 1,448,556.00 1,447,671.00 1,422,432.00
      Retained Earnings 218,992.00 142,679.00 38,388.00 117,054.00 181,955.00
      Treasury Shares 6,663.00 6,663.00 6,663.00 6,663.00 6,663.00
      Accumulated Other Comprehensive Income 0 0 0 0 0
   Minority Interest 6,799.00 0 0 0 0
Investments 135,726.00 114,676.00 105,588.00 115,173.00 132,352.00
Debt 486,559.00 200,000.00 200,000.00 165,000.00 190,000.00
Net Debt 394,608.00 174,221.00 184,701.00 150,132.00 158,682.00
Common Shares Outstanding 89,972.00 84,711.22 84,708.37 84,600.30 83,899.30
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30
Revenues 608,290.00 415,855.00 231,011.00 430,272.00
Operating Expenses 862,943.00 554,864.00 266,657.00 816,297.00
   Selling, General and Administrative Expenses 121,778.00 79,399.00 35,479.00 105,446.00
   Other Operating Expenses 741,165.00 475,465.00 231,178.00 710,851.00
Operating Income 200,348.00 61,251.00 -99,792.00 9,343.00
Net Non-Operating Income -77,860.00 -36,476.00 -8,063.00 -124,826.00
Interest Income 65,605.00 42,843.00 21,274.00 104,616.00
Interest Expense 65,020.00 42,532.00 21,125.00 101,010.00
Net Interest 585.00 311.00 149.00 3,606.00
EBT 122,488.00 24,775.00 -107,855.00 -115,483.00
Income Tax 18,706.00 1,294.00 29,189.00 30,070.00
Equity Method Investments Income 20,553.00 -497.00 -9,585.00 27,602.00
Net Income Including Non-Controlling Interests 101,730.00 25,743.00 0 0
Net Income Non-Controlling Interests 1,026.00 163.00 0 0
Net Income 102,756.00 25,906.00 -19,170.00 55,204.00
EBIT 187,508.00 67,307.00 -86,730.00 -14,473.00
Deprecation and Amortization 144,886.00 97,364.00 49,690.00 197,550.00
EBITDA 332,394.00 164,671.00 -37,040.00 183,077.00
EPS 0.00 0.00 -0.00 -0.00
Diluted EPS 0.00 0.00 -0.00 -0.00
Average Shares Outstanding Basic 84,731.00 84,708.00 84,706.00 66,891.00
Average Shares Outstanding Diluted 84,853.00 84,789.00 84,706.00 66,891.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-09-30
Operating Cash Flow 173,318.00 98,783.00 22,620.00 74,776.00
   Operating Net Income 103,782.00 26,069.00 -176,502.00 -30,209.00
   Deprecation and Amortization 144,886.00 97,364.00 49,690.00 197,550.00
   Deferred Income Tax 17,808.00 -2,123.00 -29,619.00 -31,272.00
   Share Based Compensation 9,080.00 6,136.00 2,067.00 12,819.00
   Change in Working Capital 28,353.00 -26,013.00 -12,198.00 -17,496.00
   Other Operating Activities -130,591.00 -2,650.00 189,182.00 -56,616.00
Investing Cash Flow -435,043.00 -129,654.00 -56,008.00 80,629.00
   Capital Expenditure 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 429,252.00 131,169.00 57,374.00 52,774.00
   Net Purchase/Sale of Investments Net -257.00 -257.00 -257.00 23.00
   Net Purchase/Sale of Business 0 0 0 0
   Other Investing Activities -864,038.00 -260,566.00 -113,125.00 27,832.00
Financing Cash Flow 329,972.00 37,429.00 33,819.00 -289,156.00
   Net Issuance/Repayment of Debt 490,000.00 0 0 290,000.00
   Net Issuance/Repurchase of Equity 0 0 0 255,881.00
   Dividends Paid 0 0 0 0
   Other Financing Activities -160,028.00 37,429.00 33,819.00 -835,037.00
Net Change in Cash 68,247.00 6,558.00 431.00 -133,751.00
   Cash at Beginning of Period 14,868.00 14,868.00 14,868.00 165,069.00
   Cash at End of Period 83,115.00 21,426.00 15,299.00 31,318.00
Free Cash Flow 0 0 0 0