Valuation Ratios

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Price to Earnings 17.58 22.59 11.94 5.24
Price to Sales 5.40
Book Value Per Common Share 13.55 13.43 13.09 13.43
Price to Book 0.99 1.06 1.01 1.20
Price to Operating Cash Flow 30.10 -7.01 -98.00 14.63
Price to Free Cash Flow 14.63
Enterprise Value to EBITDA
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 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
Price to Earnings 23.25 26.76 41.12 28.88 63.70 52.16 15.74 21.23
Price to Sales
Book Value Per Common Share 13.53 12.99 13.55 13.30 12.49 13.01 13.43 13.01 14.03 12.99 13.09 13.43 13.31
Price to Book 1.02 1.10 0.99 1.00 1.16 1.07 1.06 1.09 0.91 1.00 1.01 0.96 0.91
Price to Operating Cash Flow -4.70 -10.50 -5.05 7.02 41.63 -6.34 -4.45 -12.02 -32.02 -42.55
Price to Free Cash Flow
Enterprise Value to EBITDA

Earnings Data

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Earning YoY 20.63 -43.24 -63.96
Revenue YoY
EBITDA YoY
Net Profit YoY -23.43 139.98 -65.26
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 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
Earning YoY 5.56 58.82 145.00 -20.00 -69.51 43.86
Revenue YoY
EBITDA YoY
Net Profit YoY 369.39 -49.67 429.77 11.72 538.99 -71.56 104.43

Financial Strength

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Cash Per Common Share 0.39 0.07 0.08
Quick Ratio
Current Ratio
Debt to Equity 1.02 0.90 0.74 0.66
Long-Term Debt to Equity
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 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
Cash Per Common Share 0.07 0.11 0.39 0.07 0.06 0.07 0.07 0.08 0.06 1.10 0.08 0.06 0.08
Quick Ratio
Current Ratio
Debt to Equity 1.14 1.17 1.02 1.22 0.90 0.92 0.90 1.00 0.95 0.94 0.74 0.72 0.69
Long-Term Debt to Equity

Profitability

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
ROA 6.49 9.09 4.64 13.82
ROE 13.09 17.31 8.08 22.95
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin 103.19
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 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
ROA 3.19 0.74 4.36 1.03 -0.71 6.84 6.05 1.04 4.00 2.02
ROE 6.81 1.60 9.68 1.95 -1.37 13.64 11.80 2.01 6.88 3.41
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin

Dividends

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Dividend Yield 0.00
Dividend Payout Ratio 37.97
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 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Assets 1,006,404.00 938,083.00 765,644.00 740,412.00
      Cash and Short-Term Investments 14,298.00 2,460.00 2,683.00 0
            Cash and Cash Equivalents 14,298.00 2,460.00 2,683.00 14,190.00
            Short-Term Investments 0 0 0 0
      Net Receivables 5,582.00 7,627.00 3,038.00 9,448.00
      Inventory 0 0 0 0
      Other Current Assets 0 0 0 0
      Property, Plant, Equipment Net 0 0 0 0
      Goodwill 0 0 0 0
      Intangible Assets 0 0 0 0
      Long-Term Investments 0 0 0 714,396.00
      Non-Current Deferred Assets 0 0 0 0
      Other Non-Current Assets 0 0 0 0
Liabilities 507,320.00 445,372.00 325,902.00 294,582.00
      Payables and Expenses 0 0 0 0
            Account Payables 0 0 0 2,989.00
            Current Accrued Liabilities 0 0 0 0
      Short-Term Debt 0 0 0 0
      Other Current Liabilities 0 0 0 0
      Long-Term Debt 0 0 0 261,348.00
      Other Non-Current Liabilities 0 0 0 0
Equity 499,084.00 492,711.00 439,742.00 445,830.00
   Shareholders Equity 499,084.00 492,711.00 439,742.00 445,830.00
      Capital Stock 37.00 37.00 34.00 33.00
      Share Premium 445,512.00 444,706.00 401,798.00 397,948.00
      Retained Earnings 53,535.00 47,968.00 37,910.00 -12,995.00
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0
   Minority Interest 0 0 0 0
Debt 1,367,127.00 1,061,035.00 807,479.00 261,348.00
Net Debt 1,352,829.00 1,058,575.00 804,796.00 247,158.00
Common Shares Outstanding 36,837.38 36,688.67 33,591.50 33,205.02
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Revenues 0 0 0 99,149.00
Interest Income 0 0 0 59,649.00
Interest Expense 0.00 0.00 0.00 13,078.00
Non-Interest Expense 0 0 0 6,399.00
Operating Expenses 0 0 0 -3,167.00
   Selling, General and Administrative Expenses 6,294.00 4,363.00 5,186.00 6,399.00
   Other Operating Expenses 0 0 0 -9,566.00
EBT 0 0 0 102,316.00
Income Tax 0.00 0.00 0.00 0
Net Income Including Non-Controlling Interests 0 0 0 102,316.00
Net Income 65,319.00 85,305.00 35,547.00 102,316.00
Deprecation and Amortization 0.00 0.00 12.00 0
EPS 0.00 0.00 0.00 0.00
Diluted EPS 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 36,735.22 34,466.72 33,311.79 33,205.02
Average Shares Outstanding Diluted 36,735.22 34,466.72 33,311.79 33,205.02
Breakdown 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Operating Cash Flow 16,308.00 -69,938.00 -4,504.00 36,599.00
   Operating Net Income 65,319.00 85,305.00 35,547.00 102,316.00
   Deprecation and Amortization 0 0 12.00 0
   Deferred Income Tax 0 0 0 0
   Share Based Compensation 0 0 0 0
   Change in Working Capital 1,746.00 6,357.00 990.00 10,354.00
   Other Operating Activities -50,757.00 -161,600.00 -41,053.00 -76,071.00
Investing Cash Flow 0 0 0 0
   Capital Expenditure 0.00 0.00 0.00 0
   Net Purchase/Sale of PPE 0 0 0 0
   Net Purchase/Sale of Investments Net 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0
   Other Investing Activities 0 0 0 0
Financing Cash Flow -4,374.00 69,910.00 -6,743.00 -24,502.00
   Net Issuance/Repayment of Debt 621,700.00 527,550.00 169,800.00 112,150.00
   Net Issuance/Repurchase of Equity 4,029.00 88,208.00 10,892.00 -94,371.00
   Dividends Paid 60,951.00 76,061.00 47,050.00 -38,850.00
   Other Financing Activities -691,054.00 -621,909.00 -234,485.00 -3,431.00
Net Change in Cash 11,934.00 -28.00 -11,247.00 12,097.00
   Cash at Beginning of Period 3,220.00 3,248.00 14,495.00 2,398.00
   Cash at End of Period 15,154.00 3,220.00 3,248.00 14,495.00
Free Cash Flow 0 0 0 36,599.00
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 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30
Assets 1,144,439.00 1,053,909.00 1,006,404.00 1,087,760.00 868,780.00 914,206.00 938,083.00 917,624.00 928,349.00 847,123.00 765,644.00 771,564.00 748,628.00
      Cash and Short-Term Investments 2,644.00 4,118.00 14,298.00 2,569.00 2,025.00 2,442.00 2,460.00 2,819.00 2,092.00 37,099.00 2,683.00 1,978.00 2,557.00
            Cash and Cash Equivalents 2,644.00 4,118.00 14,298.00 2,569.00 2,025.00 2,442.00 2,460.00 2,819.00 2,092.00 37,099.00 2,683.00 1,978.00 2,557.00
            Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
      Net Receivables 6,123.00 5,886.00 5,582.00 6,245.00 6,907.00 6,955.00 7,627.00 6,575.00 5,034.00 3,826.00 3,038.00 4,078.00 3,000.00
      Inventory 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Assets 0 0 0 0 0 0 0 0 0 0 0 0 0
      Property, Plant, Equipment Net 0 0 0 0 0 0 0 0 0 0 0 0 0
      Goodwill 0 0 0 0 0 0 0 0 0 0 0 0 0
      Intangible Assets 0 0 0 0 0 0 0 0 0 0 0 0 0
      Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Assets 0 0 0 0 0 0 0 0 0 0 0 0 0
Liabilities 608,596.00 568,605.00 507,320.00 597,707.00 410,405.00 436,826.00 445,372.00 457,683.00 452,683.00 410,688.00 325,902.00 322,373.00 306,158.00
      Payables and Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0
            Account Payables 0 0 0 0 0 0 0 0 0 0 0 0 0
            Current Accrued Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0
      Short-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Current Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0
      Long-Term Debt 0 0 0 0 0 0 0 0 0 0 0 0 0
      Other Non-Current Liabilities 0 0 0 0 0 0 0 0 0 0 0 0 0
Equity 535,843.00 485,304.00 499,084.00 490,053.00 458,375.00 477,380.00 492,711.00 459,941.00 475,666.00 436,435.00 439,742.00 449,191.00 442,470.00
   Shareholders Equity 535,843.00 485,304.00 499,084.00 490,053.00 458,375.00 477,380.00 492,711.00 459,941.00 475,666.00 436,435.00 439,742.00 449,191.00 442,470.00
      Capital Stock 40.00 37.00 37.00 37.00 37.00 37.00 37.00 35.00 34.00 34.00 34.00 33.00 33.00
      Share Premium 483,554.00 452,440.00 445,512.00 445,547.00 443,900.00 444,525.00 444,706.00 426,302.00 405,937.00 402,405.00 401,798.00 399,808.00 397,131.00
      Retained Earnings 52,249.00 32,827.00 53,535.00 44,469.00 14,438.00 32,818.00 47,968.00 33,604.00 69,695.00 33,996.00 37,910.00 49,350.00 45,306.00
      Treasury Shares 0 0 0 0 0 0 0 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 0 0 0 0 0 0 0 0 0 0
   Minority Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Debt 1,468,987.00 1,431,337.00 1,367,127.00 1,456,674.00 1,005,305.00 1,058,755.00 1,061,035.00 1,075,312.00 1,070,600.00 1,036,157.00 807,479.00 800,957.00 787,006.00
Net Debt 1,466,343.00 1,427,219.00 1,352,829.00 1,454,105.00 1,003,280.00 1,056,313.00 1,058,575.00 1,072,493.00 1,068,508.00 999,058.00 804,796.00 798,979.00 784,449.00
Common Shares Outstanding 39,591.04 37,352.68 36,837.38 36,837.38 36,688.67 36,688.67 36,688.67 35,351.95 33,895.68 33,591.50 33,591.50 33,447.00 33,234.66
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 2023-09-30 2023-06-30 2022-12-31 2022-09-30
   Selling, General and Administrative Expenses 2,055.00 1,142.00 -4,231.00 4,968.00 3,613.00 1,944.00 -2,172.00 3,434.00 2,132.00 969.00 4,357.00 3,246.00
Interest Expense 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBT 0 0 0 0 0 0 0 0 0 0 0 0
Income Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Income 36,481.00 7,772.00 15,443.00 47,446.00 8,956.00 -6,526.00 -42,344.00 62,721.00 56,142.00 8,786.00 30,889.00 15,110.00
Deprecation and Amortization 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 12.00 9.00
EPS 0 0 0.00 0.00 0.00 0.00 -0.00 0.00 0.00 0.00 0.00 0.00
Diluted EPS 0 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 37,681.49 36,908.94 36,861.75 36,701.78 36,688.67 36,688.67 36,649.11 33,921.30 33,704.98 33,591.50 33,246.81 33,212.00
Average Shares Outstanding Diluted 37,681.49 36,908.94 36,861.75 36,701.78 36,688.67 36,688.67 36,649.11 33,921.30 33,704.98 33,591.50 33,246.81 33,212.00
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 2023-09-30 2023-06-30 2022-12-31 2022-09-30
Operating Cash Flow -110,839.00 -50,181.00 24,875.00 -96,372.00 75,484.00 12,321.00 138,811.00 -75,717.00 -96,585.00 -36,447.00 -13,405.00 -9,445.00
   Operating Net Income 36,481.00 7,772.00 15,443.00 47,446.00 8,956.00 -6,526.00 -42,344.00 62,721.00 56,142.00 8,786.00 30,889.00 15,110.00
   Deprecation and Amortization 0 0 0 0 0 0 0 0 0 0 12.00 9.00
   Deferred Income Tax 0 0 0 0 0 0 0 0 0 0 0 0
   Share Based Compensation 0 0 0 0 0 0 0 0 0 0 0 0
   Change in Working Capital 77.00 1,013.00 -953.00 1,057.00 1,105.00 537.00 -6,651.00 5,980.00 3,990.00 3,038.00 3,296.00 1,658.00
   Other Operating Activities -147,397.00 -58,966.00 10,385.00 -144,875.00 65,423.00 18,310.00 187,806.00 -144,418.00 -156,717.00 -48,271.00 -47,602.00 -26,222.00
Investing Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0
   Capital Expenditure 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
   Net Purchase/Sale of PPE 0 0 0 0 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Investments Net 0 0 0 0 0 0 0 0 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 0 0 0 0 0 0 0 0 0
   Other Investing Activities 0 0 0 0 0 0 0 0 0 0 0 0
Financing Cash Flow 97,922.00 40,382.00 -12,292.00 96,299.00 -76,030.00 -12,351.00 -173,014.00 76,054.00 95,919.00 70,951.00 1,757.00 -2,147.00
   Net Issuance/Repayment of Debt 208,900.00 93,000.00 -53,900.00 486,000.00 153,700.00 35,900.00 -375,600.00 491,150.00 284,650.00 127,350.00 136,200.00 66,400.00
   Net Issuance/Repurchase of Equity 77,293.00 14,531.00 0.00 4,029.00 0 0 29,836.00 50,151.00 8,221.00 0 6,863.00 967.00
   Dividends Paid 38,077.00 28,788.00 -17,573.00 52,109.00 17,610.00 8,805.00 -27,688.00 67,379.00 24,277.00 12,093.00 30,943.00 18,931.00
   Other Financing Activities -226,348.00 -95,937.00 59,181.00 -445,839.00 -247,340.00 -57,056.00 200,438.00 -532,626.00 -221,229.00 -68,492.00 -172,249.00 -88,445.00
Net Change in Cash -12,917.00 -9,799.00 12,583.00 -73.00 -546.00 -30.00 -34,203.00 337.00 -666.00 34,504.00 -11,648.00 -11,592.00
   Cash at Beginning of Period 15,154.00 15,154.00 2,571.00 3,220.00 3,220.00 3,220.00 37,423.00 3,248.00 3,248.00 3,248.00 14,495.00 14,495.00
   Cash at End of Period 2,237.00 5,355.00 15,154.00 3,147.00 2,674.00 3,190.00 3,220.00 3,585.00 2,582.00 37,752.00 2,847.00 2,903.00
Free Cash Flow 0 0 0 0 0 0 0 0 0 0 0 0