Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings 11.90 15.00 12.06 24.89
Price to Sales 0.87 0.95 1.02 1.73
Book Value Per Common Share 17.06 15.88 14.97 13.13
Price to Book 0.98 1.07 1.15 1.93
Price to Operating Cash Flow 6.22 6.71 9.91 14.76
Price to Free Cash Flow 7.63 8.30 13.40 19.91
Enterprise Value to EBITDA 51858.68 57562.05 60967.21 120198.75
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Price to Earnings 33.72 45.92 93.57 43.32 38.33
Price to Sales 2.58 3.47 4.00 3.30 4.00
Book Value Per Common Share 17.42 17.06 17.03 17.06 16.65
Price to Book 0.75 1.00 1.15 0.98 1.14
Price to Operating Cash Flow 35.97 37.20 60.04 11.56 31.52
Price to Free Cash Flow 61.65 50.57 95.25 12.96 37.70
Enterprise Value to EBITDA 148581.48 200367.72 303792.33 232833.96 205325.54

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY 24.78 -20.98 40.20
Revenue YoY 1.82 3.57 12.78
EBITDA YoY 5.12 -2.38 33.10
Net Profit YoY 17.85 -22.86 38.01
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Earning YoY 5.41 76.19 2.33
Revenue YoY 0.74 -1.74 -4.20 3.09
EBITDA YoY 1.88 28.30 -11.73 -24.65
Net Profit YoY 0.88 74.62 -36.38 -26.88

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 2.50 2.42 2.11 1.43
Quick Ratio 0.69 0.70 0.68 0.51
Current Ratio 1.10 1.13 1.19 0.96
Debt to Equity 1.42 1.48 1.43 1.68
Long-Term Debt to Equity 0.99 1.08 1.07 1.26
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Cash Per Common Share 1.31 1.75 2.13 2.58 2.07
Quick Ratio 0.58 0.62 0.66 0.69 0.72
Current Ratio 1.02 1.02 1.06 1.10 1.20
Debt to Equity 1.47 1.49 1.45 1.42 1.42
Long-Term Debt to Equity 1.03 1.03 1.01 0.99 1.04

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA 3.53 3.00 3.95 2.93
ROE 8.53 7.43 9.58 7.87
Gross Margin 29.61 28.21 27.73 28.55
Operating Margin 13.17 12.66 13.73 11.44
EBITDA Margin 16.29 15.78 16.74 14.19
Net Profit Margin 7.33 6.33 8.50 6.94
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
ROA 0.91 0.90 0.51 0.80 1.08
ROE 2.26 2.23 1.25 1.93 2.62
Gross Margin 27.57 27.62 27.84 28.47 32.25
Operating Margin 13.32 13.54 9.91 10.97 16.14
EBITDA Margin 17.25 17.06 13.06 14.18 19.40
Net Profit Margin 7.66 7.64 4.30 6.48 9.13

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Dividend Yield 0.00
Dividend Payout Ratio 39.28
Breakdown 2025-09-30 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 36.98 40.46 77.37 42.41 31.72

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 6,431,600.00 6,416,700.00 6,326,100.00 6,170,800.00
   Current Assets 1,233,900.00 1,165,100.00 1,115,300.00 929,100.00
      Cash and Short-Term Investments 403,000.00 412,700.00 369,400.00 254,000.00
            Cash and Cash Equivalents 403,000.00 412,700.00 369,400.00 254,000.00
            Short-Term Investments 0 0 0 0
      Net Receivables 371,700.00 304,100.00 266,800.00 234,600.00
      Inventory 441,500.00 446,400.00 457,100.00 410,600.00
      Other Current Assets 17,700.00 1,900.00 22,000.00 29,900.00
   Non-Current Assets 5,197,700.00 5,251,600.00 5,210,800.00 5,241,700.00
      Property, Plant, Equipment Net 591,100.00 563,700.00 542,900.00 549,400.00
      Goodwill 2,106,100.00 2,105,000.00 2,101,600.00 2,099,400.00
      Intangible Assets 2,472,900.00 2,468,200.00 2,457,600.00 2,455,700.00
      Long-Term Investments 0 0 0 0
      Non-Current Deferred Assets 14,700.00 106,900.00 100,400.00 128,300.00
      Other Non-Current Assets 12,900.00 7,800.00 8,300.00 8,900.00
Liabilities 3,769,100.00 3,824,800.00 3,719,900.00 3,871,800.00
   Current Liabilities 1,123,300.00 1,028,000.00 940,800.00 966,200.00
      Payables and Expenses 1,055,800.00 946,100.00 875,500.00 890,500.00
            Account Payables 521,600.00 476,100.00 496,700.00 507,000.00
            Current Accrued Liabilities 213,800.00 186,200.00 126,400.00 120,400.00
      Short-Term Debt 26,000.00 34,600.00 25,500.00 29,100.00
      Other Current Liabilities 41,500.00 47,300.00 39,800.00 46,600.00
   Non-Current Liabilities 2,645,800.00 2,796,800.00 2,779,100.00 2,905,600.00
      Long-Term Debt 2,151,400.00 2,113,700.00 2,142,300.00 2,198,300.00
      Other Non-Current Liabilities 494,400.00 683,100.00 636,800.00 707,300.00
Equity 2,662,500.00 2,591,900.00 2,606,200.00 2,299,000.00
   Shareholders Equity 2,662,500.00 2,591,900.00 2,606,200.00 2,299,000.00
      Capital Stock 1,316,400.00 1,426,100.00 1,596,700.00 1,623,100.00
      Share Premium 0 0 0 0
      Retained Earnings 1,199,500.00 1,058,000.00 886,600.00 387,400.00
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income 120,400.00 76,400.00 109,100.00 281,600.00
   Minority Interest 0 0 0 0
Debt 2,177,400.00 2,148,300.00 2,167,800.00 2,227,400.00
Net Debt 1,680,300.00 1,656,800.00 1,731,800.00 1,892,500.00
Common Shares Outstanding 156,090.86 163,167.13 174,050.25 175,059.17
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 3,099,800.00 3,044,500.00 2,939,700.00 2,606,600.00
Cost Of Revenue 2,182,000.00 2,185,800.00 2,124,400.00 1,862,300.00
Gross Profit 917,800.00 858,700.00 815,300.00 744,300.00
Operating Expenses 461,300.00 445,800.00 391,200.00 356,300.00
   Other Operating Expenses 461,300.00 445,800.00 391,200.00 356,300.00
Operating Income 456,500.00 412,900.00 424,100.00 388,000.00
Interest Income 10,000.00 5,800.00 600.00 100.00
Interest Expense 130,300.00 131,900.00 82,600.00 61,500.00
EBT 277,900.00 253,600.00 321,000.00 236,700.00
Income Tax 50,800.00 60,900.00 71,200.00 55,700.00
Net Income Including Non-Controlling Interests 227,100.00 192,700.00 249,800.00 181,000.00
Net Income 227,100.00 192,700.00 249,800.00 181,000.00
EBIT 408,200.00 385,500.00 403,600.00 298,200.00
Deprecation and Amortization 96,900.00 95,000.00 88,600.00 71,600.00
EBITDA 505,100.00 480,500.00 492,200.00 369,800.00
EPS 0.00 0.00 0.00 0.00
Diluted EPS 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 161,502.02 170,573.00 174,685.32 178,100.00
Average Shares Outstanding Diluted 162,219.90 171,203.91 174,685.32 178,100.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow 435,400.00 430,800.00 303,800.00 306,300.00
   Operating Net Income 227,100.00 192,700.00 249,800.00 181,000.00
   Deprecation and Amortization 96,900.00 95,000.00 88,600.00 71,600.00
   Deferred Income Tax 50,800.00 60,900.00 71,200.00 55,700.00
   Share Based Compensation 8,800.00 24,100.00 8,100.00 5,100.00
   Change in Working Capital -11,600.00 58,000.00 -96,800.00 -23,500.00
   Other Operating Activities 63,400.00 100.00 -17,100.00 16,400.00
Investing Cash Flow -64,400.00 -76,800.00 -78,700.00 -660,000.00
   Capital Expenditure 0 0 0 0
   Net Purchase/Sale of PPE -80,300.00 -82,400.00 -79,100.00 -79,200.00
   Net Purchase/Sale of Investments Net 5,700.00 300.00 0 16,500.00
   Net Purchase/Sale of Business 0 0 400.00 -597,300.00
   Other Investing Activities 0 0 0 0
Financing Cash Flow -366,400.00 -321,500.00 -108,100.00 214,400.00
   Net Issuance/Repayment of Debt -37,800.00 -36,700.00 -143,400.00 371,900.00
   Net Issuance/Repurchase of Equity -124,500.00 -178,000.00 -29,700.00 -100,200.00
   Dividends Paid -89,200.00 0 0 0
   Other Financing Activities -114,900.00 -106,800.00 65,000.00 -57,300.00
Net Change in Cash 4,600.00 32,500.00 117,000.00 -139,300.00
   Cash at Beginning of Period 399,700.00 366,800.00 254,200.00 382,500.00
   Cash at End of Period 403,300.00 399,700.00 366,800.00 254,200.00
Free Cash Flow 355,100.00 348,400.00 224,700.00 227,100.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Assets 6,313,100.00 6,376,100.00 6,400,700.00 6,431,600.00 6,480,000.00 0
   Current Assets 1,139,700.00 1,190,100.00 1,219,500.00 1,233,900.00 1,224,000.00 0
      Cash and Short-Term Investments 193,600.00 266,600.00 329,800.00 403,000.00 334,400.00 0
            Cash and Cash Equivalents 193,600.00 266,600.00 329,800.00 403,000.00 334,400.00 0
            Short-Term Investments 0 0 0 0 0 5,700.00
      Net Receivables 455,400.00 458,400.00 423,600.00 371,700.00 396,300.00 0
      Inventory 485,300.00 461,100.00 462,500.00 441,500.00 491,400.00 0
      Other Current Assets 5,400.00 4,000.00 3,600.00 17,700.00 1,900.00 0
   Non-Current Assets 5,173,400.00 5,186,000.00 5,181,200.00 5,197,700.00 5,256,000.00 0
      Property, Plant, Equipment Net 582,500.00 585,600.00 584,500.00 591,100.00 569,500.00 0
      Goodwill 2,104,500.00 2,105,100.00 2,104,800.00 2,106,100.00 2,105,600.00 0
      Intangible Assets 2,474,300.00 2,474,400.00 2,472,300.00 2,472,900.00 2,471,000.00 0
      Long-Term Investments 0 0 0 0 0 0
      Non-Current Deferred Assets 2,800.00 11,700.00 11,300.00 14,700.00 102,100.00 0
      Other Non-Current Assets 9,300.00 9,200.00 8,300.00 12,900.00 7,800.00 0
Liabilities 3,758,800.00 3,812,400.00 3,786,400.00 3,769,100.00 3,801,800.00 0
   Current Liabilities 1,115,300.00 1,162,700.00 1,148,200.00 1,123,300.00 1,019,200.00 0
      Payables and Expenses 1,042,400.00 1,083,800.00 1,078,000.00 1,055,800.00 946,000.00 0
            Account Payables 844,700.00 870,500.00 856,600.00 521,600.00 742,800.00 0
            Current Accrued Liabilities 0 0 0 213,800.00 0 0
      Short-Term Debt 28,500.00 29,900.00 27,500.00 26,000.00 26,800.00 0
      Other Current Liabilities 44,400.00 49,000.00 42,700.00 41,500.00 46,400.00 0
   Non-Current Liabilities 2,643,500.00 2,649,700.00 2,638,200.00 2,645,800.00 2,782,600.00 0
      Long-Term Debt 2,077,500.00 2,072,500.00 2,123,800.00 2,151,400.00 2,104,600.00 0
      Other Non-Current Liabilities 566,000.00 577,200.00 514,400.00 494,400.00 678,000.00 0
Equity 2,554,300.00 2,563,700.00 2,614,300.00 2,662,500.00 2,678,200.00 0
   Shareholders Equity 2,554,300.00 2,563,700.00 2,614,300.00 2,662,500.00 2,678,200.00 0
      Capital Stock 1,178,500.00 1,227,700.00 1,268,500.00 1,316,400.00 1,392,200.00 0
      Share Premium 0 0 0 0 0 0
      Retained Earnings 1,283,000.00 1,243,900.00 1,213,000.00 1,199,500.00 1,166,900.00 0
      Treasury Shares 0 0 0 0 0 0
      Accumulated Other Comprehensive Income 77,500.00 78,900.00 107,200.00 120,400.00 92,900.00 0
   Minority Interest 0 0 0 0 0 0
Debt 2,106,000.00 2,102,400.00 2,151,300.00 2,177,400.00 2,131,400.00 0
Net Debt 1,912,400.00 1,835,800.00 1,821,500.00 1,680,300.00 1,797,000.00 0
Common Shares Outstanding 146,646.11 150,235.50 153,510.21 156,090.86 160,825.32 0
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30
Revenues 752,400.00 746,900.00 760,100.00 793,400.00 769,600.00 0
Cost Of Revenue 545,000.00 540,600.00 548,500.00 567,500.00 521,400.00 0
Gross Profit 207,400.00 206,300.00 211,600.00 225,900.00 248,200.00 0
Operating Expenses 96,900.00 103,900.00 120,700.00 115,100.00 111,500.00 0
   Other Operating Expenses 96,900.00 103,900.00 120,700.00 115,100.00 111,500.00 0
Operating Income 110,500.00 102,400.00 90,900.00 110,800.00 136,700.00 0
Interest Income 6,600.00 13,600.00 1,500.00 -15,700.00 1,800.00 0
Interest Expense 29,800.00 30,500.00 35,600.00 25,700.00 37,200.00 0
EBT 70,400.00 70,600.00 39,700.00 61,300.00 87,000.00 0
Income Tax 12,800.00 13,500.00 7,000.00 9,900.00 16,700.00 0
Net Income Including Non-Controlling Interests 57,600.00 57,100.00 32,700.00 51,400.00 70,300.00 0
Net Income 57,600.00 57,100.00 32,700.00 51,400.00 70,300.00 0
EBIT 100,200.00 101,100.00 75,300.00 87,000.00 124,200.00 0
Deprecation and Amortization 29,600.00 26,300.00 24,000.00 25,500.00 25,100.00 0
EBITDA 129,800.00 127,400.00 99,300.00 112,500.00 149,300.00 0
EPS 0.00 0.00 0.00 0 0.00 0.00
Diluted EPS 0.00 0.00 0.00 0 0.00 0.00
Average Shares Outstanding Basic 147,700.00 152,400.00 154,600.00 0 161,400.00 163,000.00
Average Shares Outstanding Diluted 147,900.00 152,600.00 154,800.00 0 161,500.00 163,100.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Operating Cash Flow 54,000.00 69,600.00 50,600.00 226,500.00 97,600.00
   Operating Net Income 57,600.00 57,100.00 32,700.00 51,400.00 70,300.00
   Deprecation and Amortization 29,600.00 26,300.00 24,000.00 25,500.00 25,100.00
   Deferred Income Tax 12,800.00 13,500.00 7,000.00 9,900.00 16,700.00
   Share Based Compensation 2,600.00 500.00 3,600.00 300.00 3,500.00
   Change in Working Capital -50,400.00 -21,100.00 -42,400.00 121,000.00 -43,000.00
   Other Operating Activities 1,800.00 -6,700.00 25,700.00 18,400.00 25,000.00
Investing Cash Flow -20,400.00 -17,200.00 -17,500.00 -19,900.00 -8,300.00
   Capital Expenditure 0 0 0 0 0
   Net Purchase/Sale of PPE -22,500.00 -18,400.00 -18,700.00 -24,400.00 -16,000.00
   Net Purchase/Sale of Investments Net 0 0 0 0 5,700.00
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities 0 0 0 4,500.00 2,000.00
Financing Cash Flow -107,300.00 -113,800.00 -110,500.00 -136,000.00 -84,400.00
   Net Issuance/Repayment of Debt -8,700.00 -8,800.00 -8,200.00 -15,100.00 -8,100.00
   Net Issuance/Repurchase of Equity -51,000.00 -58,200.00 -48,900.00 -76,400.00 -24,300.00
   Dividends Paid -21,300.00 -23,100.00 -25,300.00 -21,800.00 -22,300.00
   Other Financing Activities -26,300.00 -23,700.00 -28,100.00 -22,700.00 -29,700.00
Net Change in Cash -73,700.00 -61,400.00 -77,400.00 70,600.00 4,900.00
   Cash at Beginning of Period 266,600.00 329,800.00 403,300.00 334,400.00 327,700.00
   Cash at End of Period 193,600.00 266,600.00 329,800.00 403,300.00 334,400.00
Free Cash Flow 31,500.00 51,200.00 31,900.00 202,100.00 81,600.00