Valuation Ratios

Breakdown 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Price to Earnings 8.87 10.09 739.40 -9.02
Price to Sales 1.09 1.50 1.90 2.43
Book Value Per Common Share 29.54 27.88 26.26 26.99
Price to Book 1.03 1.51 1.41 1.02
Price to Operating Cash Flow 4.39 5.18 16.74 21.66
Price to Free Cash Flow 15.86 9.86 -101.34 54.43
Enterprise Value to EBITDA 33106.52 42214.99 85801.16 2141566.76
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Price to Earnings -9.24 2612.00 58.22 40.56
Price to Sales 1.45 2.55 4.67 4.33 5.12
Book Value Per Common Share 27.80 29.52 29.71 29.54 28.93
Price to Book 0.55 0.88 1.08 1.03 1.25
Price to Operating Cash Flow 12.40 46.30 19.99 17.80 18.08
Price to Free Cash Flow 61.28 -25.27 61.03 47.85 56.65
Enterprise Value to EBITDA 198939.64 112693.01 160573.12 128679.25 158949.24

Earnings Data

Breakdown 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Earning YoY -17.94 8260.00
Revenue YoY -4.03 39.51 68.96
EBITDA YoY -8.61 118.87 3185.24
Net Profit YoY -20.74 7764.78
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Earning YoY -98.18 -26.67
Revenue YoY 2.45 50.01 -2.38 -0.56
EBITDA YoY -67.11 16.50 -15.28 3.98
Net Profit YoY -97.69 -27.45 -14.89

Financial Strength

Breakdown 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Cash Per Common Share 5.16 3.42 3.30 10.35
Quick Ratio 2.10 1.88 2.09 1.56
Current Ratio 2.67 2.40 2.54 1.83
Debt to Equity 0.98 0.58 0.58 0.73
Long-Term Debt to Equity 0.83 0.43 0.43 0.43
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Cash Per Common Share 1.88 1.97 5.33 5.17 2.93
Quick Ratio 1.20 1.11 2.19 2.10 1.54
Current Ratio 1.84 1.68 2.81 2.67 2.12
Debt to Equity 1.39 1.37 0.97 0.98 0.57
Long-Term Debt to Equity 1.11 1.08 0.83 0.83 0.41

Profitability

Breakdown 2024-09-30 2023-09-30 2022-09-30 2021-09-30
ROA 5.87 9.77 0.13 -6.51
ROE 11.64 15.45 0.20 -11.24
Gross Margin 26.45 26.98 11.13 -12.62
Operating Margin 18.51 21.26 2.45 -33.31
EBITDA Margin 32.92 34.57 22.04 1.13
Net Profit Margin 12.31 14.91 0.26 -26.88
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
ROA -2.38 0.02 0.93 1.29 1.95
ROE -5.69 0.04 1.83 2.55 3.06
Gross Margin 15.10 15.43 24.56 26.63 26.52
Operating Margin -9.96 7.16 14.58 19.09 18.16
EBITDA Margin 7.28 22.68 29.20 33.65 32.18
Net Profit Margin -15.67 0.12 7.97 10.73 12.54

Dividends

Breakdown 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Dividend Yield 0.00 0.00 0.00 0.00
Dividend Payout Ratio 49.63 47.04 1972.36 -33.32
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Dividend Yield 0.00 0.00 0.00 0.00 0.00
Dividend Payout Ratio -15.45 2024.56 46.32 56.47 48.07

Financial Statements

Breakdown 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Assets 5,781,898.00 4,381,956.00 4,355,531.00 5,034,128.00
   Current Assets 1,192,069.00 1,006,625.00 1,002,944.00 1,586,566.00
      Cash and Short-Term Investments 510,260.00 350,774.00 349,232.00 1,116,234.00
            Cash and Cash Equivalents 217,341.00 257,174.00 232,131.00 917,534.00
            Short-Term Investments 292,919.00 93,600.00 117,101.00 198,700.00
      Net Receivables 429,873.00 438,877.00 474,716.00 233,407.00
      Inventory 117,884.00 94,227.00 87,957.00 84,057.00
      Other Current Assets 134,052.00 122,747.00 91,039.00 152,868.00
   Non-Current Assets 4,589,829.00 3,375,331.00 3,352,587.00 3,447,562.00
      Property, Plant, Equipment Net 3,083,353.00 2,972,095.00 2,999,873.00 3,162,018.00
      Real Estate 0 0 15,047.00 14,456.00
      Goodwill 45,653.00 45,653.00 45,653.00 45,653.00
      Intangible Assets 54,147.00 60,575.00 67,154.00 73,838.00
      Long-Term Investments 100,567.00 264,947.00 218,981.00 135,444.00
      Non-Current Deferred Assets 0 0 0 0
      Other Non-Current Assets 0 0 5,879.00 16,153.00
Liabilities 2,864,746.00 1,610,013.00 1,590,059.00 2,121,510.00
   Current Liabilities 446,949.00 418,931.00 394,810.00 866,306.00
      Payables and Expenses 356,744.00 310,550.00 315,226.00 230,404.00
            Account Payables 135,084.00 130,852.00 126,966.00 71,996.00
            Current Accrued Liabilities 153,277.00 97,472.00 93,948.00 104,866.00
      Short-Term Debt 16,997.00 13,772.00 12,382.00 496,110.00
      Other Current Liabilities 73,208.00 94,609.00 67,202.00 139,792.00
   Non-Current Liabilities 2,417,797.00 1,191,082.00 1,195,249.00 1,255,204.00
      Long-Term Debt 1,841,915.00 586,182.00 569,960.00 579,861.00
      Other Non-Current Liabilities 575,882.00 604,900.00 625,289.00 675,343.00
Equity 2,917,152.00 2,771,943.00 2,765,472.00 2,912,618.00
   Shareholders Equity 2,917,152.00 2,771,943.00 2,765,472.00 2,912,618.00
      Capital Stock 11,222.00 11,222.00 11,222.00 11,222.00
      Share Premium 518,083.00 525,369.00 528,278.00 529,903.00
      Retained Earnings 2,883,590.00 2,707,715.00 2,473,572.00 2,573,375.00
      Treasury Shares 489,393.00 464,382.00 235,528.00 181,638.00
      Accumulated Other Comprehensive Income -6,350.00 -7,981.00 -12,072.00 -20,244.00
   Minority Interest 0 0 0 0
Debt 1,858,912.00 599,954.00 582,342.00 1,075,971.00
Net Debt 1,564,841.00 287,970.00 310,479.00 107,949.00
Common Shares Outstanding 98,755.41 99,426.53 105,293.66 107,898.86
Breakdown 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Revenues 2,756,607.00 2,872,421.00 2,058,944.00 1,218,568.00
Cost Of Revenue 2,027,569.00 2,097,412.00 1,829,759.00 1,372,326.00
Interest Income 41,168.00 28,393.00 18,090.00 10,254.00
Interest Expense 29,093.00 17,283.00 19,203.00 23,955.00
Non-Interest Expense 244,877.00 206,657.00 182,366.00 172,195.00
Gross Profit 729,038.00 775,009.00 229,185.00 -153,758.00
Operating Expenses 290,327.00 241,180.00 213,567.00 199,057.00
   Selling, General and Administrative Expenses 244,877.00 206,657.00 182,366.00 172,195.00
   Research and Development Expenses 40,967.00 30,046.00 26,563.00 21,724.00
   Other Operating Expenses 4,483.00 4,477.00 4,638.00 5,138.00
Operating Income 438,711.00 533,829.00 15,618.00 -352,815.00
Net Non-Operating Income 3,093.00 9,081.00 -10,714.00 5,652.00
EBT 481,020.00 593,379.00 31,319.00 -429,871.00
Income Tax 136,855.00 159,279.00 24,366.00 -103,721.00
Net Income Including Non-Controlling Interests 344,165.00 434,100.00 6,953.00 -326,150.00
Net Income 339,439.00 428,237.00 5,445.00 -327,500.00
EBIT 510,113.00 610,662.00 50,522.00 -405,916.00
Deprecation and Amortization 397,344.00 382,314.00 403,170.00 419,726.00
EBITDA 907,457.00 992,976.00 453,692.00 13,810.00
EPS 0.00 0.00 0.00 -0.00
Diluted EPS 0.00 0.00 0.00 -0.00
Average Shares Outstanding Basic 98,857.00 102,447.00 105,891.00 107,818.00
Average Shares Outstanding Diluted 99,067.00 102,852.00 106,555.00 107,818.00
Breakdown 2024-09-30 2023-09-30 2022-09-30 2021-09-30
Operating Cash Flow 684,663.00 833,682.00 233,913.00 136,440.00
   Operating Net Income 344,165.00 434,100.00 6,953.00 -326,150.00
   Deprecation and Amortization 397,344.00 382,314.00 403,170.00 419,726.00
   Deferred Income Tax -23,191.00 -20,400.00 -28,488.00 -89,752.00
   Share Based Compensation 31,198.00 32,456.00 28,032.00 27,858.00
   Change in Working Capital -38,422.00 34,513.00 -155,728.00 37,614.00
   Other Operating Activities -26,431.00 -29,301.00 -20,026.00 67,144.00
Investing Cash Flow -458,748.00 -322,584.00 -167,315.00 -161,994.00
   Capital Expenditure -495,072.00 -395,460.00 -272,539.00 -82,148.00
   Net Purchase/Sale of PPE 0 0 0 86,524.00
   Net Purchase/Sale of Investments Net -5,621.00 -6,430.00 50,420.00 -209,885.00
   Net Purchase/Sale of Business 0 0 0 0
   Other Investing Activities 0 0 54,804.00 43,515.00
Financing Cash Flow 986,507.00 -463,869.00 -734,305.00 425,523.00
   Net Issuance/Repayment of Debt 1,247,629.00 0 -487,148.00 548,719.00
   Net Issuance/Repurchase of Equity -51,302.00 -247,213.00 -76,999.00 0
   Dividends Paid -168,459.00 -201,456.00 -107,395.00 -109,130.00
   Other Financing Activities -41,361.00 -15,200.00 -62,763.00 -14,066.00
Net Change in Cash 1,212,422.00 47,229.00 -667,707.00 399,969.00
   Cash at Beginning of Period 316,238.00 269,009.00 936,716.00 536,747.00
   Cash at End of Period 1,528,660.00 316,238.00 269,009.00 936,716.00
Free Cash Flow 189,591.00 438,222.00 -38,626.00 54,292.00
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Assets 6,862,003.00 7,242,263.00 5,816,621.00 5,781,898.00 4,484,982.00
   Current Assets 1,490,512.00 1,493,188.00 1,224,831.00 1,192,069.00 970,319.00
      Cash and Short-Term Investments 187,399.00 195,582.00 526,496.00 510,260.00 289,721.00
            Cash and Cash Equivalents 166,074.00 174,763.00 391,179.00 217,341.00 203,633.00
            Short-Term Investments 21,325.00 20,819.00 135,317.00 292,919.00 86,088.00
      Net Receivables 782,625.00 786,343.00 426,933.00 429,873.00 415,395.00
      Inventory 329,985.00 321,620.00 127,288.00 117,884.00 115,312.00
      Other Current Assets 190,503.00 189,643.00 144,114.00 134,052.00 149,891.00
   Non-Current Assets 5,371,491.00 5,749,075.00 4,591,790.00 4,589,829.00 3,514,663.00
      Property, Plant, Equipment Net 4,528,369.00 4,599,011.00 3,076,870.00 3,083,353.00 3,071,660.00
      Goodwill 166,559.00 343,817.00 45,653.00 45,653.00 45,653.00
      Intangible Assets 493,795.00 511,295.00 52,547.00 54,147.00 55,752.00
      Long-Term Investments 102,448.00 132,048.00 101,652.00 100,567.00 292,229.00
      Non-Current Deferred Assets 0 0 0 0 0
      Other Non-Current Assets 80,320.00 162,904.00 1,315,068.00 1,306,109.00 49,369.00
Liabilities 3,995,276.00 4,190,000.00 2,869,840.00 2,864,746.00 1,628,137.00
   Current Liabilities 809,769.00 887,565.00 435,713.00 446,949.00 456,792.00
      Payables and Expenses 802,910.00 880,810.00 435,713.00 356,744.00 456,792.00
            Account Payables 240,864.00 272,802.00 148,752.00 135,084.00 158,896.00
            Current Accrued Liabilities 536,842.00 582,798.00 261,807.00 153,277.00 255,851.00
      Short-Term Debt 6,859.00 6,755.00 0 16,997.00 0
      Other Current Liabilities 0.00 0.00 0 73,208.00 0
   Non-Current Liabilities 3,185,507.00 3,302,435.00 2,434,127.00 2,417,797.00 1,171,345.00
      Long-Term Debt 2,184,836.00 2,233,619.00 1,781,674.00 1,841,915.00 545,589.00
      Other Non-Current Liabilities 1,000,671.00 1,068,816.00 652,453.00 575,882.00 625,756.00
Equity 2,866,727.00 3,052,263.00 2,946,781.00 2,917,152.00 2,856,845.00
   Shareholders Equity 2,763,960.00 2,934,974.00 2,946,781.00 2,917,152.00 2,856,845.00
      Capital Stock 11,222.00 11,222.00 11,222.00 11,222.00 11,222.00
      Share Premium 505,657.00 497,981.00 501,516.00 518,083.00 510,379.00
      Retained Earnings 2,701,649.00 2,889,608.00 2,913,211.00 2,883,590.00 2,833,136.00
      Treasury Shares 464,069.00 464,901.00 473,181.00 489,393.00 489,393.00
      Accumulated Other Comprehensive Income 9,501.00 1,064.00 -5,987.00 -6,350.00 -8,499.00
   Minority Interest 102,767.00 117,289.00 0 0 0
Debt 2,191,695.00 2,240,374.00 1,781,674.00 1,858,912.00 545,589.00
Net Debt 2,025,621.00 2,065,611.00 1,390,495.00 1,564,841.00 341,956.00
Common Shares Outstanding 99,434.29 99,415.28 99,186.84 98,755.41 98,755.41
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Revenues 0 1,040,924.00 1,016,039.00 677,302.00 693,793.00 697,724.00
Cost Of Revenue 0 883,715.00 859,314.00 510,937.00 509,035.00 512,696.00
Interest Income 0 2,856.00 7,257.00 21,741.00 11,979.00 11,888.00
Interest Expense 0 29,200.00 28,338.00 22,298.00 16,124.00 4,336.00
Non-Interest Expense 0 65,506.00 80,802.00 63,062.00 59,393.00 60,194.00
Gross Profit 0 157,209.00 156,725.00 166,365.00 184,758.00 185,028.00
Operating Expenses 0 104,342.00 93,708.00 73,577.00 69,431.00 71,893.00
   Selling, General and Administrative Expenses 0 65,506.00 80,802.00 63,062.00 59,393.00 60,194.00
   Research and Development Expenses 0 7,777.00 9,421.00 9,359.00 8,862.00 10,555.00
   Other Operating Expenses 0 31,059.00 3,485.00 1,156.00 1,176.00 1,144.00
Operating Income 0 52,867.00 63,017.00 92,788.00 115,327.00 113,135.00
Net Non-Operating Income 0 31,258.00 1,596.00 360.00 102.00 3,134.00
EBT 0 -132,908.00 44,448.00 76,419.00 116,354.00 122,388.00
Income Tax 0 28,991.00 41,462.00 21,647.00 40,878.00 33,703.00
Net Income Including Non-Controlling Interests 0 -161,899.00 2,986.00 54,772.00 75,476.00 88,685.00
Net Income Non-Controlling Interests 0 -859.00 -1,332.00 0 0 0
Net Income 0 -163,103.00 1,250.00 54,012.00 74,450.00 87,474.00
EBIT 0 -103,708.00 72,786.00 98,717.00 132,478.00 126,724.00
Deprecation and Amortization 0 179,491.00 157,657.00 99,080.00 100,992.00 97,816.00
EBITDA 0 75,783.00 230,443.00 197,797.00 233,470.00 224,540.00
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 99,441.00 99,422.00 99,360.00 98,867.00 98,755.00 0
Average Shares Outstanding Diluted 99,441.00 99,422.00 99,381.00 99,159.00 98,995.00 0
Breakdown 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Operating Cash Flow 121,596.00 56,046.00 158,358.00 168,756.00 197,390.00
   Operating Net Income -161,899.00 2,986.00 54,772.00 75,476.00 88,685.00
   Deprecation and Amortization 179,491.00 157,657.00 99,080.00 100,992.00 97,816.00
   Deferred Income Tax -30,336.00 -24,390.00 -9,923.00 443.00 -7,701.00
   Share Based Compensation 7,888.00 8,098.00 6,851.00 7,421.00 7,676.00
   Change in Working Capital -46,935.00 -54,908.00 -68.00 -8,418.00 17,227.00
   Other Operating Activities 173,387.00 -33,397.00 7,646.00 -7,158.00 -6,313.00
Investing Cash Flow -56,987.00 -1,868,174.00 52,651.00 -104,750.00 -129,525.00
   Capital Expenditure -96,998.00 -158,749.00 -106,485.00 -105,977.00 -134,384.00
   Net Purchase/Sale of PPE 0 0 0 0 0
   Net Purchase/Sale of Investments Net 31,178.00 113,789.00 146,318.00 -37.00 -9,944.00
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities 8,833.00 0 0 0 14,803.00
Financing Cash Flow -90,453.00 344,257.00 -33,150.00 1,182,652.00 -48,046.00
   Net Issuance/Repayment of Debt -48,000.00 0 0 0 0
   Net Issuance/Repurchase of Equity 0 0 0 0 0
   Dividends Paid -25,206.00 -25,307.00 -25,021.00 -42,042.00 -42,046.00
   Other Financing Activities -17,247.00 0 0 0 -6,000.00
Net Change in Cash -25,844.00 -1,467,871.00 177,859.00 1,246,658.00 19,819.00
   Cash at Beginning of Period 245,054.00 1,706,519.00 1,528,660.00 282,002.00 262,183.00
   Cash at End of Period 227,126.00 245,054.00 1,706,519.00 1,528,660.00 282,002.00
Free Cash Flow 24,598.00 -102,703.00 51,873.00 62,779.00 63,006.00