Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings 24.94 18.34 16.77 25.98
Price to Sales 1.73 1.67 1.46 1.85
Book Value Per Common Share 18.42 17.37 16.29 15.42
Price to Book 4.17 3.84 3.40 3.63
Price to Operating Cash Flow 11.54 10.91 8.62 12.05
Price to Free Cash Flow 16.65 15.35 10.86 15.27
Enterprise Value to EBITDA 113787.19 97079.52 86160.67 110135.49
Breakdown 2025-06-30 2024-12-31 2024-06-30
Price to Earnings
Price to Sales
Book Value Per Common Share 17.56 18.42 18.52
Price to Book 5.28 4.17 3.93
Price to Operating Cash Flow
Price to Free Cash Flow
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY -15.38 10.34 53.27
Revenue YoY 11.67 5.67 25.84
EBITDA YoY -1.46 7.56 26.67
Net Profit YoY -15.04 10.68 53.56
Breakdown 2025-06-30 2024-12-31 2024-06-30
Earning YoY
Revenue YoY
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 3.72 4.33 3.59 3.21
Quick Ratio
Current Ratio 0.81 0.91 0.89 0.95
Debt to Equity 2.46 2.67 2.94 3.03
Long-Term Debt to Equity 1.55 1.76 1.95 2.19
Breakdown 2025-06-30 2024-12-31 2024-06-30
Cash Per Common Share 4.51 3.72 4.09
Quick Ratio
Current Ratio 0.83 0.81 0.85
Debt to Equity 2.74 2.46 2.56
Long-Term Debt to Equity 1.60 1.55 1.58

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA 4.56 5.71 5.14 3.38
ROE 15.78 20.93 20.25 13.62
Gross Margin 35.28 36.72 35.94 36.95
Operating Margin 10.66 12.92 12.23 11.15
EBITDA Margin 15.22 17.25 16.95 16.84
Net Profit Margin 6.94 9.12 8.71 7.14
Breakdown 2025-06-30 2024-12-31 2024-06-30
ROA
ROE
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin

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 64.17 50.39 50.60 64.97
Breakdown 2025-06-30 2024-12-31 2024-06-30
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 31,100,000.00 29,254,000.00 29,313,000.00 29,090,000.00
   Current Assets 6,638,000.00 6,605,000.00 6,543,000.00 5,760,000.00
      Cash and Short-Term Investments 1,713,000.00 1,987,000.00 1,643,000.00 1,465,000.00
            Cash and Cash Equivalents 1,563,000.00 1,419,000.00 1,387,000.00 1,407,000.00
            Short-Term Investments 150,000.00 568,000.00 256,000.00 58,000.00
      Net Receivables 0 0 0 0
      Inventory 1,608,000.00 1,356,000.00 1,380,000.00 1,157,000.00
      Other Current Assets 3,317,000.00 3,262,000.00 3,520,000.00 3,138,000.00
   Non-Current Assets 24,462,000.00 22,649,000.00 22,770,000.00 23,330,000.00
      Property, Plant, Equipment Net 6,434,000.00 5,344,000.00 5,201,000.00 5,248,000.00
      Real Estate 73,000.00 0 0 0
      Goodwill 4,687,000.00 4,514,000.00 4,600,000.00 4,623,000.00
      Intangible Assets 12,749,000.00 12,395,000.00 12,505,000.00 12,639,000.00
      Long-Term Investments 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0
      Other Non-Current Assets 519,000.00 396,000.00 0 0
Liabilities 22,115,000.00 21,278,000.00 21,866,000.00 21,880,000.00
   Current Liabilities 8,149,000.00 7,278,000.00 7,313,000.00 6,093,000.00
      Payables and Expenses 0 0 0 0
            Account Payables 2,669,000.00 2,306,000.00 2,221,000.00 1,691,000.00
            Current Accrued Liabilities 0 0 0 0
      Short-Term Debt 1,391,000.00 1,300,000.00 1,336,000.00 1,350,000.00
      Other Current Liabilities 6,758,000.00 5,978,000.00 5,977,000.00 4,743,000.00
   Non-Current Liabilities 13,966,000.00 14,000,000.00 14,553,000.00 15,787,000.00
      Long-Term Debt 9,940,000.00 10,096,000.00 10,571,000.00 11,790,000.00
      Other Non-Current Liabilities 4,026,000.00 3,904,000.00 3,982,000.00 3,997,000.00
Equity 8,985,000.00 7,976,000.00 7,447,000.00 7,210,000.00
   Shareholders Equity 8,489,000.00 7,976,000.00 7,447,000.00 7,033,000.00
      Capital Stock 5,000.00 5,000.00 5,000.00 5,000.00
      Share Premium 307,000.00 276,000.00 234,000.00 220,000.00
      Retained Earnings 8,802,000.00 8,231,000.00 7,428,000.00 6,677,000.00
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0
   Minority Interest 496,000.00 0 0 177,000.00
Debt 11,331,000.00 11,396,000.00 11,907,000.00 13,140,000.00
Net Debt 9,060,000.00 9,285,000.00 9,844,000.00 11,090,000.00
Common Shares Outstanding 460,854.49 459,200.82 457,106.45 456,235.03
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 20,438,000.00 18,302,000.00 17,320,000.00 13,763,000.00
Cost Of Revenue 13,227,000.00 11,582,000.00 11,096,000.00 8,677,000.00
Interest Income 85,000.00 65,000.00 67,000.00 43,000.00
Interest Expense 242,000.00 162,000.00 162,000.00 153,000.00
Non-Interest Expense 2,354,000.00 2,202,000.00 1,987,000.00 1,540,000.00
Gross Profit 7,211,000.00 6,720,000.00 6,224,000.00 5,086,000.00
Operating Expenses 4,676,000.00 4,284,000.00 3,991,000.00 3,385,000.00
   Selling, General and Administrative Expenses 2,354,000.00 2,202,000.00 1,987,000.00 1,540,000.00
Operating Income 2,535,000.00 2,436,000.00 2,233,000.00 1,701,000.00
Net Non-Operating Income -9,000.00 -16,000.00 -15,000.00 -5,000.00
EBT 1,936,000.00 2,203,000.00 1,957,000.00 1,382,000.00
Income Tax 492,000.00 534,000.00 436,000.00 394,000.00
Net Income Including Non-Controlling Interests 1,444,000.00 1,669,000.00 1,521,000.00 988,000.00
Net Income Non-Controlling Interests -26,000.00 0 -13,000.00 -6,000.00
Net Income 1,418,000.00 1,669,000.00 1,508,000.00 982,000.00
EBIT 2,178,000.00 2,365,000.00 2,119,000.00 1,535,000.00
Deprecation and Amortization 933,000.00 792,000.00 816,000.00 782,000.00
EBITDA 3,111,000.00 3,157,000.00 2,935,000.00 2,317,000.00
EPS 0.00 0.00 0.00 0.00
Diluted EPS 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 460,000.00 458,516.48 457,106.45 456,235.03
Average Shares Outstanding Diluted 461,000.00 459,779.61 458,358.66 456,744.19
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow 3,061,000.00 2,806,000.00 2,932,000.00 2,117,000.00
   Operating Net Income 1,936,000.00 2,203,000.00 1,957,000.00 1,382,000.00
   Deprecation and Amortization 0 0 0 0
   Deferred Income Tax 0 0 0 0
   Share Based Compensation 45,000.00 57,000.00 33,000.00 16,000.00
   Change in Working Capital 332,000.00 232,000.00 427,000.00 114,000.00
   Other Operating Activities 748,000.00 314,000.00 515,000.00 605,000.00
Investing Cash Flow -1,957,000.00 -937,000.00 -645,000.00 -5,605,000.00
   Capital Expenditure -148,000.00 -140,000.00 -103,000.00 -97,000.00
   Net Purchase/Sale of PPE -776,000.00 -536,000.00 -489,000.00 -324,000.00
   Net Purchase/Sale of Investments Net 414,000.00 -347,000.00 -196,000.00 198,000.00
   Net Purchase/Sale of Business -1,524,000.00 0 0 -5,380,000.00
   Other Investing Activities 77,000.00 86,000.00 143,000.00 -2,000.00
Financing Cash Flow -973,000.00 -1,822,000.00 -2,276,000.00 3,289,000.00
   Net Issuance/Repayment of Debt -199,000.00 -465,000.00 -1,223,000.00 4,203,000.00
   Net Issuance/Repurchase of Equity 31,000.00 43,000.00 13,000.00 28,000.00
   Dividends Paid -910,000.00 -841,000.00 -763,000.00 -638,000.00
   Other Financing Activities 105,000.00 -559,000.00 -303,000.00 -304,000.00
Net Change in Cash 131,000.00 47,000.00 11,000.00 -199,000.00
   Cash at Beginning of Period 1,419,000.00 1,387,000.00 1,407,000.00 1,523,000.00
   Cash at End of Period 1,563,000.00 1,419,000.00 1,387,000.00 1,407,000.00
Free Cash Flow 2,122,000.00 1,994,000.00 2,329,000.00 1,671,000.00
Breakdown 2025-06-30 2024-12-31 2024-06-30
Assets 31,786,000.00 31,100,000.00 32,101,000.00
   Current Assets 8,078,000.00 6,638,000.00 7,518,000.00
      Cash and Short-Term Investments 2,060,000.00 1,713,000.00 1,882,000.00
            Cash and Cash Equivalents 1,659,000.00 1,563,000.00 1,610,000.00
            Short-Term Investments 401,000.00 150,000.00 272,000.00
      Net Receivables 0 0 0
      Inventory 1,808,000.00 1,608,000.00 1,914,000.00
      Other Current Assets 4,210,000.00 3,317,000.00 3,722,000.00
   Non-Current Assets 23,708,000.00 24,462,000.00 24,583,000.00
      Property, Plant, Equipment Net 6,199,000.00 6,434,000.00 6,382,000.00
      Real Estate 66,000.00 73,000.00 76,000.00
      Goodwill 4,544,000.00 4,687,000.00 4,791,000.00
      Intangible Assets 12,434,000.00 12,749,000.00 12,889,000.00
      Long-Term Investments 0 0 0
      Non-Current Deferred Assets 0 0 0
      Other Non-Current Assets 465,000.00 519,000.00 445,000.00
Liabilities 23,281,000.00 22,115,000.00 23,092,000.00
   Current Liabilities 9,688,000.00 8,149,000.00 8,878,000.00
      Payables and Expenses 0 0 0
            Account Payables 6,274,000.00 2,669,000.00 5,856,000.00
            Current Accrued Liabilities 0 0 0
      Short-Term Debt 2,257,000.00 1,391,000.00 2,021,000.00
      Other Current Liabilities 7,431,000.00 6,758,000.00 6,857,000.00
   Non-Current Liabilities 13,593,000.00 13,966,000.00 14,214,000.00
      Long-Term Debt 9,755,000.00 9,940,000.00 10,131,000.00
      Other Non-Current Liabilities 3,838,000.00 4,026,000.00 4,083,000.00
Equity 8,505,000.00 8,985,000.00 9,009,000.00
   Shareholders Equity 8,028,000.00 8,489,000.00 8,526,000.00
      Capital Stock 5,000.00 5,000.00 5,000.00
      Share Premium 308,000.00 307,000.00 287,000.00
      Retained Earnings 8,950,000.00 8,802,000.00 8,717,000.00
      Treasury Shares 0 0 0
      Accumulated Other Comprehensive Income 0 0 0
   Minority Interest 477,000.00 496,000.00 483,000.00
Debt 12,012,000.00 11,331,000.00 12,152,000.00
Net Debt 9,639,000.00 9,060,000.00 9,846,000.00
Common Shares Outstanding 457,131.49 460,854.49 460,371.58
Breakdown
EBT
Income Tax
Net Income
EPS
Average Shares Outstanding Basic
Breakdown
Operating Cash Flow
   Operating Net Income
   Deprecation and Amortization
   Deferred Income Tax
   Share Based Compensation
   Change in Working Capital
   Other Operating Activities
Investing Cash Flow
   Capital Expenditure
   Net Purchase/Sale of PPE
   Net Purchase/Sale of Investments Net
   Net Purchase/Sale of Business
   Other Investing Activities
Financing Cash Flow
   Net Issuance/Repayment of Debt
   Net Issuance/Repurchase of Equity
   Dividends Paid
   Other Financing Activities
Net Change in Cash
   Cash at Beginning of Period
   Cash at End of Period
Free Cash Flow