Valuation Ratios

Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Price to Earnings -24.95 -20.68 13.92 -2.51 -9.10
Price to Sales 2.19 1.00 1.37 0.64 1.34
Book Value Per Common Share 9.79 10.59 10.06 9.34 10.98
Price to Book 1.94 0.98 1.29 0.47 0.87
Price to Operating Cash Flow -10.91 -14.97 10.94 -5.71 -17.79
Price to Free Cash Flow -7.75 -6.40 101.73 -3.58 -10.22
Enterprise Value to EBITDA 3008390.76 154801.91 59032.75 169690.22
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2023-09-30
Price to Earnings 237.67 -9.36 15.18 -10.34
Price to Sales 7.35 5.12 3.43 3.73 4.54
Book Value Per Common Share 9.79 10.49 10.40 11.15 10.59 10.51 10.06
Price to Book 1.94 1.36 0.69 0.90 0.98 0.85 1.29
Price to Operating Cash Flow -38.66 -48.75 -11.10 -85.03 -93.44
Price to Free Cash Flow -28.85 -25.34 -8.47 -66.97 -19.90
Enterprise Value to EBITDA 558314.33 113278.67 788246.67

Earnings Data

Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Earning YoY
Revenue YoY -18.29 8.91 39.50 -5.91
EBITDA YoY -90.48 -70.66
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2023-09-30
Earning YoY
Revenue YoY 37.84 -51.58 5.04 37.05
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Cash Per Common Share 2.06 2.82 2.57 1.31 1.76
Quick Ratio 2.22 3.43 2.78 3.00 2.74
Current Ratio 3.62 5.20 3.83 4.75 3.94
Debt to Equity 0.22 0.13 0.15 0.11 0.15
Long-Term Debt to Equity 0.02 0.00 0.00 0.01 0.04
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2023-09-30
Cash Per Common Share 2.05 2.00 1.55 1.73 2.90 3.25 2.56
Quick Ratio 2.22 3.79 3.60 3.71 3.43 4.15 2.78
Current Ratio 3.62 5.90 5.59 5.63 5.20 6.08 3.83
Debt to Equity 0.22 0.12 0.12 0.12 0.13 0.11 0.15
Long-Term Debt to Equity 0.02 0.00 0.00 0.00 0.00 0.00 0.00

Profitability

Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
ROA -4.32 7.98 -16.92 -8.57
ROE -4.89 9.20 -18.79 -9.87
Gross Margin 29.69 38.77 41.52 20.22 17.18
Operating Margin -8.27 -4.63 10.31 -25.34 -14.21
EBITDA Margin 0.73 6.26 23.24 -3.43 7.69
Net Profit Margin -4.85 9.80 -25.61 -14.82
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2023-09-30
ROA 0.51 -6.58 5.24 -8.45 -1.36
ROE 0.57 -7.36 5.87 -9.55 -1.51
Gross Margin 30.35 9.70 54.13 44.95 32.97
Operating Margin 3.51 -54.82 22.92 -36.15 -7.84
EBITDA Margin 13.17 -41.11 30.41 -26.74 5.76
Net Profit Margin 3.06 -54.36 22.50 -36.29 -8.01

Dividends

Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Dividend Yield
Dividend Payout Ratio
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2023-09-30
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Assets 153,037.00 152,194.00 153,042.00 135,056.00 163,929.00
   Current Assets 88,500.00 89,366.00 75,778.00 59,961.00 60,030.00
      Cash and Short-Term Investments 26,338.00 37,122.00 33,724.00 17,003.00 23,562.00
            Cash and Cash Equivalents 26,338.00 6,895.00 18,803.00 16,109.00 14,066.00
            Short-Term Investments 0 30,227.00 14,921.00 894.00 9,496.00
      Net Receivables 28,009.00 21,868.00 21,373.00 20,886.00 18,210.00
      Inventory 30,901.00 26,222.00 18,430.00 19,995.00 16,196.00
      Other Current Assets 3,252.00 4,154.00 2,251.00 2,077.00 2,062.00
   Non-Current Assets 64,537.00 62,828.00 77,264.00 75,095.00 103,899.00
      Property, Plant, Equipment Net 24,159.00 35,733.00 24,762.00 55,754.00 70,079.00
      Goodwill 1,258.00 736.00 736.00 736.00 5,072.00
      Intangible Assets 5,155.00 1,649.00 4,805.00 5,573.00 7,250.00
      Long-Term Investments 8,190.00 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 457.00
      Other Non-Current Assets 25,775.00 0 46,961.00 0 21,041.00
Liabilities 27,528.00 17,570.00 20,326.00 13,409.00 21,472.00
   Current Liabilities 24,430.00 17,197.00 19,798.00 12,627.00 15,222.00
      Payables and Expenses 11,133.00 9,508.00 6,659.00 7,411.00 9,037.00
            Account Payables 10,369.00 8,003.00 6,659.00 5,595.00 6,391.00
            Current Accrued Liabilities 764.00 426.00 0 769.00 1,579.00
      Short-Term Debt 420.00 173.00 257.00 241.00 225.00
      Other Current Liabilities 12,877.00 7,516.00 12,882.00 4,975.00 5,960.00
   Non-Current Liabilities 3,098.00 373.00 528.00 782.00 6,250.00
      Long-Term Debt 554.00 339.00 512.00 769.00 1,009.00
      Other Non-Current Liabilities 2,544.00 34.00 16.00 13.00 5,241.00
Equity 125,509.00 134,624.00 132,716.00 121,647.00 142,457.00
   Shareholders Equity 125,509.00 134,624.00 132,716.00 121,647.00 142,457.00
      Capital Stock 144.00 142.00 140.00 139.00 137.00
      Share Premium 98,845.00 97,342.00 96,040.00 94,667.00 92,935.00
      Retained Earnings 45,558.00 55,282.00 61,860.00 49,654.00 72,510.00
      Treasury Shares -14,500.00 13,885.00 -7,500.00 7,500.00 6,805.00
      Accumulated Other Comprehensive Income -4,538.00 -4,257.00 -17,824.00 -15,313.00 -16,320.00
   Minority Interest 0 0 0 0 0
Investments 8,190.00 0 14,921.00 0 0
Debt 974.00 512.00 769.00 1,010.00 1,234.00
Common Shares Outstanding 12,820.70 12,709.38 13,188.49 13,021.24 12,969.54
Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Revenues 110,803.00 135,598.00 124,509.00 89,253.00 94,864.00
Cost Of Revenue 77,906.00 83,025.00 72,819.00 71,210.00 78,570.00
Interest Income 2,706.00 1,558.00 807.00 976.00 1,441.00
Interest Expense 169.00 187.00 268.00 65.00 0
Net Interest 2,537.00 0 539.00 0 0
Non-Interest Expense 0 26,554.00 0 23,482.00 21,926.00
Provisions for Credit Losses 69.00 0 0 0 0
Gross Profit 32,897.00 52,573.00 51,690.00 18,043.00 16,294.00
Operating Expenses 55,465.00 42,805.00 40,362.00 41,586.00 36,765.00
   Selling, General and Administrative Expenses 29,815.00 26,554.00 25,952.00 23,482.00 21,926.00
   Research and Development Expenses 18,916.00 16,251.00 15,863.00 18,104.00 14,839.00
   Other Operating Expenses 6,734.00 0 -1,453.00 0 0
Operating Income -22,568.00 9,768.00 11,328.00 -23,543.00 -20,471.00
Net Non-Operating Income 13,232.00 -143.00 1,241.00 -61.00 0
EBT -9,336.00 -6,464.00 12,569.00 -22,683.00 -13,478.00
Income Tax 388.00 114.00 363.00 173.00 578.00
Net Income Including Non-Controlling Interests 0 -6,578.00 0 -22,856.00 -14,056.00
Net Income 0 -6,578.00 12,206.00 -22,856.00 -14,056.00
EBIT -9,167.00 -6,277.00 12,837.00 -22,618.00 -13,478.00
Deprecation and Amortization 9,975.00 14,766.00 16,094.00 19,560.00 20,777.00
EBITDA 808.00 8,489.00 28,931.00 -3,058.00 7,299.00
EPS -0.00 -0.00 0.00 -0.00 -0.00
Diluted EPS -0.00 -0.00 0.00 -0.00 -0.00
Average Shares Outstanding Basic 12,793.08 13,151.60 13,146.08 12,988.00 13,358.93
Average Shares Outstanding Diluted 12,793.08 13,151.60 13,215.07 12,988.00 13,358.93
Breakdown 2025-09-30 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Operating Cash Flow -22,232.00 -9,083.00 15,558.00 -10,035.00 -7,172.00
   Operating Net Income -9,724.00 -6,578.00 12,206.00 -22,856.00 -14,056.00
   Deprecation and Amortization 9,975.00 14,766.00 16,094.00 19,560.00 20,777.00
   Deferred Income Tax -31.00 18.00 3.00 -17.00 3.00
   Share Based Compensation 1,505.00 1,304.00 1,374.00 1,734.00 1,970.00
   Change in Working Capital -1,760.00 -4,824.00 -5,192.00 -675.00 -6,692.00
   Other Operating Activities -22,197.00 -13,769.00 -8,927.00 -7,781.00 -9,174.00
Investing Cash Flow 42,692.00 3,824.00 -11,882.00 14,149.00 -3,318.00
   Capital Expenditure -9,064.00 0 -13,884.00 0 0
   Net Purchase/Sale of PPE -389.00 19,795.00 -13,160.00 5,675.00 5,333.00
   Net Purchase/Sale of Investments Net 0 -14,740.00 0 8,474.00 -7,305.00
   Net Purchase/Sale of Business -1,497.00 -1,231.00 0 0 -1,346.00
   Other Investing Activities 53,642.00 0.00 15,162.00 0.00 0.00
Financing Cash Flow -1,013.00 -6,385.00 -525.00 -1,713.00 -8,226.00
   Net Issuance/Repayment of Debt 0 0 0 0 0
   Net Issuance/Repurchase of Equity 615.00 -6,385.00 0 -695.00 -6,805.00
   Dividends Paid 0 0 0 0 0
   Other Financing Activities -1,628.00 0.00 -525.00 -1,018.00 -1,421.00
Net Change in Cash 19,443.00 -11,644.00 2,694.00 2,401.00 -18,716.00
   Cash at Beginning of Period 6,895.00 18,803.00 16,109.00 14,066.00 32,686.00
   Cash at End of Period 26,338.00 6,895.00 18,803.00 16,109.00 14,066.00
Free Cash Flow -31,296.00 -21,261.00 1,674.00 -15,997.00 -12,481.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2023-09-30
Assets 153,037.00 149,832.00 148,964.00 159,939.00 152,194.00 151,953.00 153,042.00
   Current Assets 88,500.00 90,127.00 87,013.00 95,085.00 89,366.00 86,008.00 75,778.00
      Cash and Short-Term Investments 26,338.00 25,556.00 19,825.00 22,065.00 37,122.00 42,516.00 33,724.00
            Cash and Cash Equivalents 26,338.00 23,559.00 8,294.00 1,410.00 6,895.00 12,327.00 18,803.00
            Short-Term Investments 0 1,997.00 11,531.00 20,655.00 30,227.00 30,189.00 14,921.00
      Net Receivables 28,009.00 32,308.00 36,298.00 40,645.00 21,868.00 16,164.00 21,373.00
      Inventory 30,901.00 29,232.00 27,268.00 27,921.00 26,222.00 24,557.00 18,430.00
      Other Current Assets 3,252.00 3,031.00 3,622.00 4,454.00 4,154.00 2,771.00 2,251.00
   Non-Current Assets 64,537.00 59,705.00 61,951.00 64,854.00 62,828.00 65,945.00 77,264.00
      Property, Plant, Equipment Net 24,159.00 32,844.00 35,668.00 36,238.00 35,733.00 41,471.00 24,762.00
      Goodwill 1,258.00 736.00 736.00 736.00 736.00 736.00 736.00
      Intangible Assets 5,155.00 1,537.00 1,574.00 1,611.00 1,649.00 4,505.00 4,805.00
      Long-Term Investments 8,190.00 0 0 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0 0 0 0
      Other Non-Current Assets 25,775.00 24,588.00 23,973.00 26,269.00 24,710.00 19,233.00 46,961.00
Liabilities 27,528.00 15,541.00 15,872.00 17,229.00 17,570.00 14,532.00 20,326.00
   Current Liabilities 24,430.00 15,273.00 15,570.00 16,888.00 17,197.00 14,138.00 19,798.00
      Payables and Expenses 11,133.00 3,771.00 5,369.00 7,312.00 9,508.00 4,230.00 6,659.00
            Account Payables 10,369.00 3,771.00 5,369.00 7,312.00 8,003.00 4,230.00 6,659.00
            Current Accrued Liabilities 764.00 0 0 0 426.00 0 0
      Short-Term Debt 420.00 119.00 117.00 130.00 173.00 215.00 257.00
      Other Current Liabilities 12,877.00 11,383.00 10,084.00 9,446.00 7,516.00 9,693.00 12,882.00
   Non-Current Liabilities 3,098.00 268.00 302.00 341.00 373.00 394.00 528.00
      Long-Term Debt 554.00 249.00 280.00 309.00 339.00 368.00 512.00
      Other Non-Current Liabilities 2,544.00 19.00 22.00 32.00 34.00 26.00 16.00
Equity 125,509.00 134,291.00 133,092.00 142,710.00 134,624.00 137,421.00 132,716.00
   Shareholders Equity 125,509.00 134,291.00 133,092.00 142,710.00 134,624.00 137,421.00 132,716.00
      Capital Stock 144.00 144.00 144.00 143.00 142.00 142.00 140.00
      Share Premium 98,845.00 98,540.00 98,236.00 97,690.00 97,342.00 97,067.00 96,040.00
      Retained Earnings 45,558.00 54,620.00 53,860.00 63,658.00 55,282.00 68,142.00 61,860.00
      Treasury Shares -14,500.00 14,500.00 14,500.00 14,082.00 13,885.00 10,499.00 -7,500.00
      Accumulated Other Comprehensive Income -4,538.00 -4,513.00 -4,648.00 -4,699.00 -4,257.00 -17,431.00 -17,824.00
   Minority Interest 0 0 0 0 0 0 0
Investments 8,190.00 0 0 0 0 0 14,921.00
Debt 974.00 368.00 397.00 439.00 512.00 583.00 769.00
Common Shares Outstanding 12,820.70 12,806.95 12,801.95 12,798.90 12,709.38 13,070.61 13,188.49
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Revenues 30,714.00 24,843.00 18,023.00 37,223.00 35,438.00 25,858.00
Cost Of Revenue 27,253.00 17,304.00 16,275.00 17,074.00 19,508.00 17,332.00
Interest Income 731.00 537.00 693.00 745.00 604.00 472.00
Interest Expense 38.00 44.00 43.00 44.00 43.00 44.00
Net Interest 2,537.00 0 0 0 0 0
Non-Interest Expense 0 7,546.00 6,775.00 7,420.00 7,241.00 6,941.00
Provisions for Credit Losses 69.00 0 0 0 0 0
Gross Profit 3,461.00 7,539.00 1,748.00 20,149.00 15,930.00 8,526.00
Operating Expenses 19,336.00 11,786.00 12,029.00 12,314.00 12,016.00 10,919.00
   Selling, General and Administrative Expenses 8,074.00 7,546.00 6,775.00 7,420.00 7,241.00 6,941.00
   Research and Development Expenses 4,549.00 4,238.00 5,235.00 4,894.00 4,775.00 4,011.00
   Other Operating Expenses 6,734.00 0 0 0 0 0
Operating Income -15,875.00 -4,247.00 -10,281.00 7,835.00 3,914.00 -2,393.00
Net Non-Operating Income 13,341.00 -38.00 -38.00 -33.00 -39.00 -37.00
EBT -8,729.00 828.00 -9,924.00 8,489.00 -12,855.00 -2,072.00
Income Tax 333.00 68.00 -126.00 113.00 5.00 -2.00
Net Income Including Non-Controlling Interests 0 760.00 -9,798.00 8,376.00 -12,860.00 -2,070.00
Net Income 0 760.00 -9,798.00 8,376.00 -12,860.00 -2,070.00
EBIT -8,691.00 872.00 -9,881.00 8,533.00 -12,812.00 -2,028.00
Deprecation and Amortization 2,317.00 2,399.00 2,471.00 2,788.00 3,337.00 3,517.00
EBITDA -6,374.00 3,271.00 -7,410.00 11,321.00 -9,475.00 1,489.00
EPS 0.00 0.00 -0.00 0.00 -0.00 0
Diluted EPS 0.00 0.00 -0.00 0.00 -0.00 0
Average Shares Outstanding Basic 12,820.70 12,805.41 12,792.80 12,753.38 12,797.65 0
Average Shares Outstanding Diluted 12,696.70 12,805.41 12,792.80 12,877.39 12,797.65 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Operating Cash Flow -4,107.00 -4,724.00 -1,892.00 -11,509.00 -1,556.00 -1,256.00
   Operating Net Income -9,062.00 760.00 -9,798.00 8,376.00 -12,860.00 -2,070.00
   Deprecation and Amortization 2,317.00 2,399.00 2,471.00 2,788.00 3,337.00 3,517.00
   Deferred Income Tax -15.00 -5.00 -11.00 0 8.00 -5.00
   Share Based Compensation 305.00 304.00 547.00 349.00 275.00 267.00
   Change in Working Capital 4,483.00 -3,275.00 4,382.00 -7,350.00 358.00 -2,588.00
   Other Operating Activities -2,135.00 -4,907.00 517.00 -15,672.00 7,326.00 -377.00
Investing Cash Flow 7,286.00 19,952.00 9,167.00 6,287.00 -85.00 -4,187.00
   Capital Expenditure -9,064.00 0 0 0 0 0
   Net Purchase/Sale of PPE -7,250.00 10,345.00 -66.00 -3,418.00 603.00 -4,197.00
   Net Purchase/Sale of Investments Net 0 9,546.00 9,202.00 9,660.00 543.00 10.00
   Net Purchase/Sale of Business -1,497.00 0 0 0 0 0
   Other Investing Activities 53,505.00 61.00 31.00 45.00 -1,231.00 0.00
Financing Cash Flow -398.00 0 -418.00 -197.00 -3,386.00 -2,999.00
   Net Issuance/Repayment of Debt 0 0 0 0 0 0
   Net Issuance/Repurchase of Equity 1,230.00 0 -418.00 -197.00 -3,386.00 -2,999.00
   Dividends Paid 0 0 0 0 0 0
   Other Financing Activities -1,628.00 0 0.00 0.00 0.00 0.00
Net Change in Cash 2,777.00 15,228.00 6,857.00 -5,419.00 -5,027.00 -8,442.00
   Cash at Beginning of Period 23,561.00 8,294.00 1,410.00 6,895.00 12,327.00 20,762.00
   Cash at End of Period 26,338.00 23,559.00 8,294.00 1,410.00 6,895.00 12,327.00
Free Cash Flow -6,247.00 -6,329.00 -3,639.00 -15,081.00 -1,976.00 -5,899.00