Valuation Ratios

Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30
Price to Earnings 9.97 7.42 11.96 8.66
Price to Sales 0.86 0.53 0.44 0.49
Book Value Per Common Share 16.84 14.75 13.60 12.27
Price to Book 1.13 0.76 0.61 0.63
Price to Operating Cash Flow 7.34 5.42 4.50 6.55
Price to Free Cash Flow 9.91 7.91 7.47 12.58
Enterprise Value to EBITDA 57299.89 37690.73 45147.36 39614.95
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Price to Earnings 43.27 30.84 32.00 21.44
Price to Sales 3.44 2.64 2.64 2.09 2.08
Book Value Per Common Share 16.84 16.24 15.48 14.97 14.75
Price to Book 1.13 0.85 0.95 0.82 0.76
Price to Operating Cash Flow 22.62 23.59 21.90 25.78 14.11
Price to Free Cash Flow 32.44 31.92 28.31 32.87 25.02
Enterprise Value to EBITDA 220473.87 165356.89 177157.13 127188.09 162727.11

Earnings Data

Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30
Earning YoY 26.49 118.84 -22.47
Revenue YoY 9.70 10.73 18.37
EBITDA YoY 24.70 61.91 -8.75
Net Profit YoY 31.91 116.04 -23.32
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Earning YoY -2.22 -2.17 -19.30
Revenue YoY 8.31 1.52 -4.33 8.70
EBITDA YoY 2.76 11.95 -13.53 40.66
Net Profit YoY 0.76 4.38 -18.14 104.11

Financial Strength

Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30
Cash Per Common Share 8.17 3.10 3.97 3.65
Quick Ratio 4.33 1.95 2.82 3.11
Current Ratio 5.61 2.71 3.75 4.21
Debt to Equity 0.90 0.86 0.97 0.95
Long-Term Debt to Equity 0.71 0.52 0.71 0.73
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Cash Per Common Share 7.71 7.98 9.19 3.18 3.13
Quick Ratio 4.33 4.93 3.20 2.07 1.95
Current Ratio 5.61 6.31 4.04 2.91 2.71
Debt to Equity 0.90 0.90 1.15 0.82 0.86
Long-Term Debt to Equity 0.71 0.73 0.84 0.51 0.52

Profitability

Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30
ROA 5.62 5.56 2.62 3.72
ROE 10.69 10.33 5.16 7.25
Gross Margin 58.55 58.74 58.13 59.60
Operating Margin 13.33 11.12 6.49 8.77
EBITDA Margin 15.88 13.97 9.55 12.39
Net Profit Margin 8.60 7.15 3.67 5.66
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
ROA 1.37 1.41 1.39 2.07 1.02
ROE 2.60 2.68 2.98 3.76 1.89
Gross Margin 58.96 59.05 58.26 57.91 59.54
Operating Margin 13.18 13.88 12.31 13.91 10.00
EBITDA Margin 15.61 16.46 14.92 16.51 12.76
Net Profit Margin 7.93 8.52 8.29 9.69 5.16

Dividends

Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30
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 2025-09-30 2024-09-30 2023-09-30 2022-09-30
Assets 1,951,209.00 1,493,237.00 1,467,711.00 1,347,878.00
   Current Assets 1,125,956.00 728,998.00 719,719.00 644,163.00
      Cash and Short-Term Investments 469,524.00 170,513.00 220,595.00 206,028.00
            Cash and Cash Equivalents 469,524.00 170,513.00 220,595.00 206,028.00
            Short-Term Investments 0 0 0 0
      Net Receivables 398,021.00 353,918.00 320,168.00 269,843.00
      Inventory 248,457.00 191,923.00 166,477.00 151,615.00
      Other Current Assets 9,954.00 12,644.00 12,479.00 16,677.00
   Non-Current Assets 825,253.00 764,239.00 747,992.00 703,715.00
      Property, Plant, Equipment Net 311,793.00 292,575.00 302,484.00 278,130.00
      Goodwill 324,889.00 306,478.00 302,372.00 286,828.00
      Intangible Assets 58,832.00 58,451.00 58,216.00 56,819.00
      Long-Term Investments 70,026.00 65,229.00 47,207.00 61,953.00
      Non-Current Deferred Assets 29,455.00 25,362.00 25,702.00 12,145.00
      Other Non-Current Assets 30,258.00 16,144.00 12,011.00 7,840.00
Liabilities 925,724.00 688,666.00 721,943.00 655,647.00
   Current Liabilities 200,572.00 269,377.00 191,972.00 152,866.00
      Payables and Expenses 91,413.00 71,700.00 66,493.00 69,358.00
            Account Payables 22,923.00 20,850.00 23,022.00 24,056.00
            Current Accrued Liabilities 58,598.00 40,962.00 35,278.00 35,360.00
      Short-Term Debt 61,228.00 162,070.00 91,447.00 52,334.00
      Other Current Liabilities 47,931.00 35,607.00 34,032.00 31,174.00
   Non-Current Liabilities 725,152.00 419,289.00 529,971.00 502,781.00
      Long-Term Debt 702,812.00 404,872.00 519,034.00 493,659.00
      Other Non-Current Liabilities 22,340.00 14,417.00 10,937.00 9,122.00
Equity 1,025,485.00 804,571.00 745,768.00 692,231.00
   Shareholders Equity 1,025,485.00 804,571.00 745,768.00 692,231.00
      Capital Stock 609.00 546.00 549.00 564.00
      Share Premium 450,892.00 348,366.00 346,181.00 345,330.00
      Retained Earnings 612,687.00 507,206.00 431,140.00 402,006.00
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income -38,703.00 -51,547.00 -32,102.00 -55,669.00
   Minority Interest 0 0 0 0
Debt 764,040.00 566,942.00 610,481.00 545,993.00
Net Debt 48,552.00 156,815.00 139,517.00 106,875.00
Common Shares Outstanding 60,891.62 54,552.87 54,839.74 56,425.06
Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30
Revenues 1,274,280.00 1,161,602.00 1,049,041.00 886,225.00
Cost Of Revenue 528,215.00 479,329.00 439,203.00 358,078.00
Interest Income 14,721.00 10,575.00 7,470.00 817.00
Interest Expense 23,029.00 13,585.00 16,456.00 9,972.00
Non-Interest Expense 83,500.00 75,557.00 67,529.00 64,342.00
Gross Profit 746,065.00 682,273.00 609,838.00 528,147.00
Operating Expenses 597,146.00 569,681.00 518,234.00 453,899.00
   Selling, General and Administrative Expenses 83,500.00 75,557.00 67,529.00 64,342.00
   Other Operating Expenses 481,108.00 461,055.00 418,574.00 357,417.00
Operating Income 148,919.00 112,592.00 91,604.00 74,248.00
Net Non-Operating Income 1,024.00 2,142.00 2,025.00 167.00
EBT 146,773.00 115,608.00 51,633.00 67,713.00
Income Tax 37,160.00 32,513.00 13,170.00 17,553.00
Net Income Including Non-Controlling Interests 109,613.00 83,095.00 38,463.00 50,160.00
Net Income 109,613.00 83,095.00 38,463.00 50,160.00
EBIT 169,802.00 129,193.00 68,089.00 77,685.00
Deprecation and Amortization 32,538.00 33,069.00 32,131.00 32,140.00
EBITDA 202,340.00 162,262.00 100,220.00 109,825.00
EPS 0.00 0.00 0.00 0.00
Diluted EPS 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 57,466.00 54,935.00 55,586.00 56,498.00
Average Shares Outstanding Diluted 83,383.00 84,448.00 80,865.00 82,400.00
Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30
Operating Cash Flow 148,985.00 113,600.00 101,834.00 66,535.00
   Operating Net Income 109,613.00 83,095.00 38,463.00 50,160.00
   Deprecation and Amortization 32,538.00 33,069.00 32,131.00 32,140.00
   Deferred Income Tax -3,084.00 1,354.00 -12,802.00 4,945.00
   Share Based Compensation 12,465.00 10,406.00 9,539.00 5,053.00
   Change in Working Capital -57,181.00 -71,316.00 -58,055.00 -81,242.00
   Other Operating Activities 54,634.00 56,992.00 92,558.00 55,479.00
Investing Cash Flow -117,862.00 -111,853.00 -110,886.00 -113,283.00
   Capital Expenditure -38,561.00 -35,764.00 -40,446.00 -31,895.00
   Net Purchase/Sale of PPE 0 0 0 0
   Net Purchase/Sale of Investments Net 0 -15,680.00 -15,000.00 -16,500.00
   Net Purchase/Sale of Business -21,479.00 -13,244.00 -17,007.00 -8,777.00
   Other Investing Activities -57,822.00 -47,165.00 -38,433.00 -56,111.00
Financing Cash Flow 274,420.00 -50,183.00 23,692.00 -2,832.00
   Net Issuance/Repayment of Debt 292,984.00 -34,881.00 51,237.00 0
   Net Issuance/Repurchase of Equity -6,999.00 -12,008.00 -16,988.00 -2,040.00
   Dividends Paid 0 0 0 0
   Other Financing Activities -11,565.00 -3,294.00 -10,557.00 -792.00
Net Change in Cash 305,543.00 -48,436.00 14,640.00 -49,580.00
   Cash at Beginning of Period 179,807.00 228,968.00 214,369.00 263,624.00
   Cash at End of Period 484,713.00 179,807.00 228,968.00 214,369.00
Free Cash Flow 110,424.00 77,836.00 61,388.00 34,640.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Assets 1,951,209.00 1,883,068.00 1,829,628.00 1,499,133.00 1,493,237.00
   Current Assets 1,125,956.00 1,087,647.00 1,066,957.00 739,957.00 728,998.00
      Cash and Short-Term Investments 469,524.00 472,088.00 505,239.00 174,506.00 170,513.00
            Cash and Cash Equivalents 469,524.00 472,088.00 505,239.00 174,506.00 170,513.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 398,021.00 377,634.00 340,696.00 352,366.00 353,918.00
      Inventory 248,457.00 225,489.00 207,783.00 199,481.00 191,923.00
      Other Current Assets 9,954.00 12,436.00 13,239.00 13,604.00 12,644.00
   Non-Current Assets 825,253.00 795,421.00 762,671.00 759,176.00 764,239.00
      Property, Plant, Equipment Net 311,793.00 303,503.00 294,028.00 291,041.00 292,575.00
      Goodwill 324,889.00 321,907.00 305,239.00 304,722.00 306,478.00
      Intangible Assets 58,832.00 57,960.00 57,079.00 57,093.00 58,451.00
      Long-Term Investments 70,026.00 65,656.00 65,870.00 65,458.00 65,229.00
      Non-Current Deferred Assets 29,455.00 25,841.00 25,090.00 24,990.00 25,362.00
      Other Non-Current Assets 30,258.00 20,554.00 15,365.00 15,872.00 16,144.00
Liabilities 925,724.00 893,010.00 978,053.00 675,239.00 688,666.00
   Current Liabilities 200,572.00 172,275.00 264,039.00 254,003.00 269,377.00
      Payables and Expenses 91,413.00 65,788.00 53,124.00 54,562.00 71,700.00
            Account Payables 22,923.00 22,305.00 14,927.00 14,822.00 20,850.00
            Current Accrued Liabilities 58,598.00 34,030.00 29,224.00 21,358.00 40,962.00
      Short-Term Debt 61,228.00 60,183.00 162,180.00 161,105.00 162,070.00
      Other Current Liabilities 47,931.00 46,304.00 48,735.00 38,336.00 35,607.00
   Non-Current Liabilities 725,152.00 720,735.00 714,014.00 421,236.00 419,289.00
      Long-Term Debt 702,812.00 701,896.00 700,061.00 406,733.00 404,872.00
      Other Non-Current Liabilities 22,340.00 18,839.00 13,953.00 14,503.00 14,417.00
Equity 1,025,485.00 990,058.00 851,575.00 823,894.00 804,571.00
   Shareholders Equity 1,025,485.00 990,058.00 851,575.00 823,894.00 804,571.00
      Capital Stock 609.00 610.00 550.00 550.00 546.00
      Share Premium 450,892.00 448,073.00 347,796.00 345,783.00 348,366.00
      Retained Earnings 612,687.00 586,549.00 561,211.00 536,427.00 507,206.00
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income -38,703.00 -45,174.00 -57,982.00 -58,866.00 -51,547.00
   Minority Interest 0 0 0 0 0
Debt 764,040.00 762,079.00 862,241.00 567,838.00 566,942.00
Net Debt 48,552.00 45,513.00 115,274.00 153,204.00 156,815.00
Common Shares Outstanding 60,891.62 60,963.14 55,013.77 55,020.72 54,552.87
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Revenues 336,813.00 310,981.00 306,316.00 320,170.00 294,551.00 0
Cost Of Revenue 138,243.00 127,342.00 127,864.00 134,766.00 119,170.00 0
Interest Income 5,313.00 5,440.00 1,875.00 2,093.00 2,123.00 0
Interest Expense 8,143.00 8,458.00 3,281.00 3,147.00 3,204.00 0
Non-Interest Expense 23,411.00 21,780.00 19,640.00 18,669.00 20,688.00 0
Gross Profit 198,570.00 183,639.00 178,452.00 185,404.00 175,381.00 0
Operating Expenses 161,860.00 147,644.00 144,187.00 143,455.00 149,163.00 0
   Selling, General and Administrative Expenses 23,411.00 21,780.00 19,640.00 18,669.00 20,688.00 0
   Other Operating Expenses 130,269.00 117,861.00 116,527.00 116,451.00 120,348.00 0
Operating Income 36,710.00 35,995.00 34,265.00 41,949.00 26,218.00 0
Net Non-Operating Income 1,401.00 536.00 65.00 -978.00 1,515.00 0
EBT 36,264.00 34,713.00 34,412.00 41,384.00 26,252.00 0
Income Tax 9,560.00 8,210.00 9,022.00 10,368.00 11,056.00 0
Net Income Including Non-Controlling Interests 26,704.00 26,503.00 25,390.00 31,016.00 15,196.00 0
Net Income 26,704.00 26,503.00 25,390.00 31,016.00 15,196.00 0
EBIT 44,407.00 43,171.00 37,693.00 44,531.00 29,456.00 0
Deprecation and Amortization 8,180.00 8,003.00 8,020.00 8,335.00 8,127.00 0
EBITDA 52,587.00 51,174.00 45,713.00 52,866.00 37,583.00 0
EPS 0.00 0.00 0.00 0.00 0 0.00
Diluted EPS 0.00 0.00 0.00 0.00 0 0.00
Average Shares Outstanding Basic 60,901.00 59,134.00 54,965.00 54,827.00 0 54,898.00
Average Shares Outstanding Diluted 83,218.00 82,918.00 83,140.00 83,347.00 0 83,008.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Operating Cash Flow 51,255.00 34,802.00 36,937.00 25,991.00 43,336.00
   Operating Net Income 26,704.00 26,503.00 25,390.00 31,016.00 15,196.00
   Deprecation and Amortization 8,180.00 8,003.00 8,020.00 8,335.00 8,127.00
   Deferred Income Tax -2,542.00 -552.00 -468.00 478.00 916.00
   Share Based Compensation 3,252.00 4,212.00 2,404.00 2,597.00 2,461.00
   Change in Working Capital 136.00 -16,987.00 -11,125.00 -29,205.00 1,378.00
   Other Operating Activities 15,525.00 13,623.00 12,716.00 12,770.00 15,258.00
Investing Cash Flow -51,822.00 -51,259.00 -741.00 -14,040.00 -52,619.00
   Capital Expenditure -15,510.00 -9,085.00 -8,357.00 -5,609.00 -18,894.00
   Net Purchase/Sale of PPE 0 0 0 0 0
   Net Purchase/Sale of Investments Net 0 0 0 0 -680.00
   Net Purchase/Sale of Business -3,668.00 -17,223.00 0 0 -288.00
   Other Investing Activities -32,644.00 -24,951.00 0 0 -32,757.00
Financing Cash Flow -1,186.00 -10,850.00 293,558.00 -7,102.00 -37,535.00
   Net Issuance/Repayment of Debt -156.00 -6,594.00 299,865.00 -131.00 -34,495.00
   Net Issuance/Repurchase of Equity -999.00 -2,003.00 -997.00 -3,000.00 -2,999.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -31.00 -2,253.00 -5,310.00 -3,971.00 -41.00
Net Change in Cash -1,753.00 -27,307.00 329,754.00 4,849.00 -46,818.00
   Cash at Beginning of Period 487,077.00 514,738.00 183,892.00 179,807.00 227,242.00
   Cash at End of Period 484,713.00 487,077.00 514,738.00 183,892.00 179,807.00
Free Cash Flow 35,745.00 25,717.00 28,580.00 20,382.00 24,442.00