Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings 16.68 30.86 -21.22 -14.33
Price to Sales 1.02 0.53 0.54 0.74
Book Value Per Common Share 1.88 1.57 1.42 1.63
Price to Book 2.48 1.38 1.35 1.58
Price to Operating Cash Flow 15.36 5.92 -32.82 -14.33
Price to Free Cash Flow 41.36 10.16 -9.28 -8.74
Enterprise Value to EBITDA 91046.46 60999.69 165592.60
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Price to Earnings -246.00 -235.00 116.75 19.57
Price to Sales 2.46 2.68 2.35 3.81 2.30
Book Value Per Common Share 1.91 1.91 1.88 1.88 1.83
Price to Book 1.22 1.29 1.25 2.48 1.50
Price to Operating Cash Flow 29.38 20.45 79.93 362.02 17.23
Price to Free Cash Flow 69.14 39.11 -149.68 -125.54 22.37
Enterprise Value to EBITDA 291339.67 378064.90 324059.76 567806.79 133594.05

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY 300.00
Revenue YoY 13.54 17.62 1.52
EBITDA YoY 49.90
Net Profit YoY 286.87
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Earning YoY -71.43
Revenue YoY 3.92 -7.21 -17.10 4.15
EBITDA YoY 22.91 -9.30 -11.29 -58.72
Net Profit YoY -70.45

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 0.41 0.33 0.27 0.20
Quick Ratio 1.29 1.07 1.00 1.16
Current Ratio 1.72 1.64 1.59 1.76
Debt to Equity 1.07 1.23 1.42 1.13
Long-Term Debt to Equity 0.16 0.24 0.31 0.29
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Cash Per Common Share 0.48 0.33 0.31 0.40 0.39
Quick Ratio 1.36 1.38 1.27 1.29 1.32
Current Ratio 1.81 1.86 1.69 1.72 1.77
Debt to Equity 0.90 0.91 1.07 1.07 1.02
Long-Term Debt to Equity 0.15 0.18 0.17 0.16 0.18

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA 6.97 2.08 -6.81 -5.07
ROE 14.47 4.64 -16.44 -10.81
Gross Margin 34.72 34.53 31.53 30.39
Operating Margin 8.43 5.84 -4.14 0.29
EBITDA Margin 11.50 8.71 -0.40 4.50
Net Profit Margin 6.10 1.79 -6.67 -5.10
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
ROA 0.01 -0.39 -0.28 1.05 3.85
ROE 0.02 -0.74 -0.59 2.17 7.77
Gross Margin 34.33 34.57 32.82 34.02 34.03
Operating Margin 4.39 2.70 3.52 3.76 14.25
EBITDA Margin 8.41 7.11 7.27 6.80 17.15
Net Profit Margin 0.03 -1.54 -1.11 3.38 11.90

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
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 2023-12-31 2022-12-31 2021-12-31
Assets 344,996.00 298,525.00 289,318.00 292,563.00
   Current Assets 261,038.00 217,940.00 210,747.00 203,482.00
      Cash and Short-Term Investments 35,311.00 28,237.00 22,948.00 17,079.00
            Cash and Cash Equivalents 35,311.00 28,237.00 22,948.00 17,079.00
            Short-Term Investments 0 0 0 0
      Net Receivables 159,352.00 113,851.00 109,290.00 117,683.00
      Inventory 59,693.00 68,811.00 72,009.00 61,398.00
      Other Current Assets 6,682.00 7,041.00 6,500.00 7,322.00
   Non-Current Assets 83,958.00 80,585.00 78,571.00 89,081.00
      Property, Plant, Equipment Net 53,466.00 49,496.00 47,418.00 49,616.00
      Goodwill 7,749.00 7,749.00 0 0
      Intangible Assets 16,791.00 16,401.00 8,208.00 6,274.00
      Long-Term Investments 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0
      Other Non-Current Assets 0 0 0 0
Liabilities 178,671.00 164,506.00 169,535.00 155,412.00
   Current Liabilities 151,448.00 132,953.00 132,836.00 115,683.00
      Payables and Expenses 113,214.00 85,981.00 81,820.00 86,092.00
            Account Payables 91,157.00 67,032.00 67,384.00 69,436.00
            Current Accrued Liabilities 18,598.00 16,570.00 12,423.00 14,202.00
      Short-Term Debt 28,171.00 36,489.00 41,245.00 19,159.00
      Other Current Liabilities 10,063.00 10,483.00 9,771.00 10,432.00
   Non-Current Liabilities 27,223.00 31,553.00 36,699.00 39,729.00
      Long-Term Debt 12,936.00 13,716.00 13,187.00 17,210.00
      Other Non-Current Liabilities 14,287.00 17,837.00 23,512.00 22,519.00
Equity 166,325.00 134,019.00 119,783.00 137,151.00
   Shareholders Equity 166,325.00 134,019.00 119,783.00 137,151.00
      Capital Stock 232.00 224.00 224.00 224.00
      Share Premium 447,369.00 437,161.00 432,214.00 428,244.00
      Retained Earnings -251,125.00 -275,188.00 -281,408.00 -261,719.00
      Treasury Shares 20,091.00 20,091.00 20,091.00 20,091.00
      Accumulated Other Comprehensive Income -10,060.00 -8,087.00 -11,156.00 -9,507.00
   Minority Interest 0 0 0 0
Debt 41,107.00 50,205.00 54,432.00 36,369.00
Net Debt 0 4,363.00 14,552.00 0
Common Shares Outstanding 88,392.93 85,418.32 84,353.38 83,931.60
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 394,190.00 347,179.00 295,173.00 290,766.00
Cost Of Revenue 257,339.00 227,310.00 202,110.00 202,389.00
Interest Income 143.00 93.00 107.00 160.00
Interest Expense 5,974.00 7,538.00 5,016.00 4,650.00
Non-Interest Expense 58,937.00 64,370.00 70,090.00 54,098.00
Gross Profit 136,851.00 119,869.00 93,063.00 88,377.00
Operating Expenses 95,048.00 96,644.00 104,000.00 83,571.00
   Selling, General and Administrative Expenses 58,937.00 64,370.00 70,090.00 54,098.00
   Research and Development Expenses 34,951.00 32,274.00 29,690.00 29,473.00
   Other Operating Expenses 1,160.00 0 4,220.00 0
Operating Income 41,803.00 23,225.00 -10,937.00 4,806.00
EBT 27,253.00 12,742.00 -17,243.00 -3,819.00
Income Tax 3,190.00 6,522.00 2,446.00 11,009.00
Net Income Including Non-Controlling Interests 24,063.00 6,220.00 -19,689.00 -14,828.00
Net Income 24,063.00 6,220.00 -19,689.00 -14,828.00
EBIT 33,227.00 20,280.00 -12,227.00 831.00
Deprecation and Amortization 12,112.00 9,967.00 11,040.00 12,246.00
EBITDA 45,339.00 30,247.00 -1,187.00 13,077.00
EPS 0.00 0.00 -0.00 -0.00
Diluted EPS 0.00 0.00 -0.00 -0.00
Average Shares Outstanding Basic 86,191.18 84,617.77 84,132.98 83,414.83
Average Shares Outstanding Diluted 88,460.00 85,482.63 84,132.98 83,414.83
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow 26,198.00 30,887.00 -4,895.00 -15,019.00
   Operating Net Income 24,063.00 6,220.00 -19,689.00 -14,828.00
   Deprecation and Amortization 12,112.00 9,967.00 11,040.00 12,246.00
   Deferred Income Tax 0 0 0 0
   Share Based Compensation 4,298.00 3,964.00 3,560.00 2,562.00
   Change in Working Capital -14,482.00 10,675.00 174.00 -15,081.00
   Other Operating Activities 207.00 61.00 20.00 82.00
Investing Cash Flow -16,464.00 -20,870.00 -12,421.00 -9,395.00
   Capital Expenditure -1,883.00 -2,944.00 -1,957.00 -212.00
   Net Purchase/Sale of PPE -14,581.00 -9,955.00 -10,464.00 -9,183.00
   Net Purchase/Sale of Investments Net 0 0 0 0
   Net Purchase/Sale of Business 0 -7,971.00 0 0
   Other Investing Activities 0 0 0 0.00
Financing Cash Flow -1,522.00 -4,861.00 23,110.00 14,530.00
   Net Issuance/Repayment of Debt -7,400.00 -4,900.00 22,700.00 9,800.00
   Net Issuance/Repurchase of Equity 0 0 0 0
   Dividends Paid 0 0 0 0
   Other Financing Activities 5,878.00 39.00 410.00 4,730.00
Net Change in Cash 8,212.00 5,156.00 5,794.00 -9,884.00
   Cash at Beginning of Period 28,237.00 22,948.00 17,079.00 27,101.00
   Cash at End of Period 35,311.00 28,237.00 22,948.00 17,079.00
Free Cash Flow 9,734.00 17,988.00 -17,316.00 -24,614.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Assets 326,921.00 328,385.00 346,179.00 344,996.00 317,274.00
   Current Assets 235,492.00 234,205.00 253,649.00 261,038.00 233,932.00
      Cash and Short-Term Investments 42,987.00 29,216.00 27,688.00 35,311.00 34,014.00
            Cash and Cash Equivalents 42,987.00 29,216.00 27,688.00 35,311.00 34,014.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 134,085.00 145,045.00 163,618.00 159,352.00 140,118.00
      Inventory 58,420.00 59,944.00 62,343.00 59,693.00 59,800.00
      Other Current Assets 0.00 0.00 0.00 6,682.00 0.00
   Non-Current Assets 91,429.00 94,180.00 92,530.00 83,958.00 83,342.00
      Property, Plant, Equipment Net 55,900.00 54,714.00 53,724.00 53,466.00 52,239.00
      Goodwill 11,046.00 11,046.00 11,046.00 7,749.00 7,749.00
      Intangible Assets 22,659.00 22,421.00 22,293.00 16,791.00 16,600.00
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 1,824.00 5,999.00 5,467.00 5,952.00 6,754.00
Liabilities 154,807.00 156,608.00 179,172.00 178,671.00 160,102.00
   Current Liabilities 129,800.00 125,865.00 150,486.00 151,448.00 132,070.00
      Payables and Expenses 93,163.00 99,212.00 119,756.00 113,214.00 101,643.00
            Account Payables 69,637.00 73,759.00 88,576.00 91,157.00 75,433.00
            Current Accrued Liabilities 0 0 0 18,598.00 0
      Short-Term Debt 34,731.00 24,227.00 28,330.00 28,171.00 28,072.00
      Other Current Liabilities 1,906.00 2,426.00 2,400.00 10,063.00 2,355.00
   Non-Current Liabilities 25,007.00 30,743.00 28,686.00 27,223.00 28,032.00
      Long-Term Debt 12,883.00 13,324.00 12,441.00 12,936.00 13,280.00
      Other Non-Current Liabilities 12,124.00 17,419.00 16,245.00 14,287.00 14,752.00
Equity 172,114.00 171,777.00 167,007.00 166,325.00 157,172.00
   Shareholders Equity 172,114.00 171,777.00 167,007.00 166,325.00 157,172.00
      Capital Stock 234.00 234.00 232.00 232.00 224.00
      Share Premium 453,576.00 452,709.00 449,516.00 447,369.00 441,345.00
      Retained Earnings -253,344.00 -253,372.00 -252,105.00 -251,125.00 -254,735.00
      Treasury Shares 20,091.00 20,091.00 20,091.00 20,091.00 20,091.00
      Accumulated Other Comprehensive Income -8,261.00 -7,703.00 -10,545.00 -10,060.00 -9,571.00
   Minority Interest 0 0 0 0 0
Debt 47,614.00 37,551.00 40,771.00 41,107.00 41,352.00
Common Shares Outstanding 89,889.97 89,889.97 88,929.72 88,392.93 85,870.48
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Revenues 85,484.00 82,262.00 88,652.00 106,932.00 102,672.00
Cost Of Revenue 56,134.00 53,822.00 59,553.00 70,550.00 67,732.00
Interest Income 0 0 990.00 0 0
Interest Expense 2,976.00 2,896.00 0 -637.00 1,834.00
Non-Interest Expense 18,622.00 18,662.00 17,733.00 16,451.00 11,559.00
Gross Profit 29,350.00 28,440.00 29,099.00 36,382.00 34,940.00
Operating Expenses 25,577.00 25,994.00 25,982.00 26,580.00 20,309.00
   Selling, General and Administrative Expenses 18,622.00 18,662.00 17,733.00 16,451.00 11,559.00
   Research and Development Expenses 6,955.00 7,332.00 8,249.00 8,969.00 8,750.00
Operating Income 3,773.00 2,446.00 3,117.00 9,802.00 14,631.00
EBT 777.00 -679.00 -100.00 4,656.00 12,797.00
Income Tax 749.00 588.00 880.00 1,046.00 580.00
Net Income Including Non-Controlling Interests 28.00 -1,267.00 -980.00 3,610.00 12,217.00
Net Income 28.00 -1,267.00 -980.00 3,610.00 12,217.00
EBIT 3,753.00 2,217.00 3,117.00 4,019.00 14,631.00
Deprecation and Amortization 3,436.00 3,632.00 3,332.00 3,251.00 2,981.00
EBITDA 7,189.00 5,849.00 6,449.00 7,270.00 17,612.00
EPS 0 -0.00 -0.00 0.00 0.00
Diluted EPS 0 -0.00 -0.00 0.00 0.00
Average Shares Outstanding Basic 90,296.56 89,470.72 88,742.80 87,207.63 86,280.44
Average Shares Outstanding Diluted 91,744.07 89,470.72 88,742.80 89,987.56 88,333.97
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Operating Cash Flow 7,161.00 10,762.00 2,610.00 1,129.00 13,720.00
   Operating Net Income 28.00 -1,267.00 -980.00 3,610.00 12,217.00
   Deprecation and Amortization 3,436.00 3,632.00 3,332.00 3,251.00 2,981.00
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 862.00 1,549.00 650.00 921.00 907.00
   Change in Working Capital 2,820.00 6,848.00 -402.00 -6,691.00 -2,385.00
   Other Operating Activities 15.00 0.00 10.00 38.00 0.00
Investing Cash Flow -4,114.00 -5,130.00 -10,577.00 -4,372.00 -3,148.00
   Capital Expenditure -964.00 -1,173.00 -538.00 -645.00 -249.00
   Net Purchase/Sale of PPE -3,150.00 -3,957.00 -3,469.00 -3,727.00 -2,899.00
   Net Purchase/Sale of Investments Net 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 -6,570.00 0 0
   Other Investing Activities 0.00 0.00 0.00 0 0.00
Financing Cash Flow 10,504.00 -4,557.00 508.00 5,071.00 -2,985.00
   Net Issuance/Repayment of Debt 10,500.00 -4,700.00 0 0 -3,250.00
   Net Issuance/Repurchase of Equity 0 0 0 0 0
   Dividends Paid 0 0 0 0 0
   Other Financing Activities 4.00 143.00 508.00 5,071.00 265.00
Net Change in Cash 13,551.00 1,075.00 -7,459.00 1,828.00 7,587.00
   Cash at Beginning of Period 29,216.00 27,688.00 35,311.00 34,014.00 26,303.00
   Cash at End of Period 42,987.00 29,216.00 27,688.00 35,311.00 34,014.00
Free Cash Flow 3,047.00 5,632.00 -1,397.00 -3,243.00 10,572.00