Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings 20.02 38.53 12.53 16.56
Price to Sales 2.26 3.20 2.28 3.59
Book Value Per Common Share 5.73 5.50 5.54 4.71
Price to Book 9.43 11.15 11.73 20.20
Price to Operating Cash Flow 23.59 13.71 25.76 18.96
Price to Free Cash Flow 55.53 20.69 42.42 22.07
Enterprise Value to EBITDA 548741.36 988473.49 371045.75 502289.14
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Price to Earnings 81.45 153.41 90.29 79.49 97.97
Price to Sales 13.15 12.70 10.21 9.53 9.63
Book Value Per Common Share 24.85 5.80 5.68 5.73 6.01
Price to Book 3.82 12.95 8.90 9.43 10.11
Price to Operating Cash Flow 118.36 -146.02 33.83 -291.06 37.86
Price to Free Cash Flow 470.05 -76.85 44.04 -107.14 49.17
Enterprise Value to EBITDA 1809283.09

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY 69.81 -69.35 -9.62
Revenue YoY 25.72 -32.43 2.58
EBITDA YoY 60.20 -64.22 -12.42
Net Profit YoY 68.80 -69.35 -13.75
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Earning YoY 137.55 -12.50 -17.65 9.68
Revenue YoY 21.81 19.33 -12.90 -10.01
EBITDA YoY 25.18 75.23 -57.80 29.35
Net Profit YoY 139.79 -16.19 -9.76 3.48

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 8.21 9.42 6.98 10.33
Quick Ratio 2.56 2.39 2.38 2.02
Current Ratio 3.98 3.73 4.29 2.91
Debt to Equity 0.34 0.37 0.31 0.48
Long-Term Debt to Equity 0.08 0.08 0.06 0.05
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Cash Per Common Share 5.92 6.20 8.18 8.19 9.32
Quick Ratio 1.59 2.27 2.87 2.56 2.93
Current Ratio 3.44 4.10 4.45 3.98 4.65
Debt to Equity 0.36 0.31 0.28 0.34 0.30
Long-Term Debt to Equity 0.06 0.07 0.07 0.08 0.08

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA 8.65 5.25 17.95 20.59
ROE 11.56 7.20 23.55 30.41
Gross Margin 45.89 42.31 49.25 49.97
Operating Margin 13.37 9.55 22.48 26.82
EBITDA Margin 16.52 12.96 24.48 28.68
Net Profit Margin 11.11 8.27 18.24 21.69
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
ROA 3.44 1.58 1.96 2.09 1.99
ROE 4.69 2.07 2.52 2.79 2.57
Gross Margin 48.63 47.66 47.07 45.83 46.73
Operating Margin 12.08 11.24 5.87 17.26 11.52
EBITDA Margin 15.40 14.99 10.21 21.06 14.65
Net Profit Margin 16.16 8.21 11.69 11.28 9.81

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Dividend Yield 0.00 0.00 0.00 0.00
Dividend Payout Ratio 75.36 31.57 28.95 27.02
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Dividend Yield 0.00 0.00 0.00 0.00 0.00
Dividend Payout Ratio 42.82 102.67 87.12 77.95 80.66

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 1,031,336.00 1,007,961.00 961,250.00 971,328.00
   Current Assets 794,873.00 793,245.00 787,922.00 818,112.00
      Cash and Short-Term Investments 276,068.00 314,302.00 232,179.00 360,082.00
            Cash and Cash Equivalents 276,068.00 314,302.00 232,179.00 360,082.00
            Short-Term Investments 0 0 0 0
      Net Receivables 233,744.00 194,701.00 206,105.00 208,574.00
      Inventory 199,229.00 216,950.00 287,964.00 163,104.00
      Other Current Assets 85,832.00 67,292.00 61,674.00 86,352.00
   Non-Current Assets 236,463.00 214,716.00 173,328.00 153,216.00
      Property, Plant, Equipment Net 203,072.00 181,551.00 147,583.00 130,094.00
      Goodwill 0 0 0 0
      Intangible Assets 0 0 0 0
      Long-Term Investments 17,326.00 17,116.00 9,267.00 8,541.00
      Non-Current Deferred Assets 8,878.00 8,456.00 8,884.00 6,358.00
      Other Non-Current Assets 0 0 0 0
Liabilities 259,052.00 273,265.00 228,649.00 313,696.00
   Current Liabilities 199,504.00 212,810.00 183,868.00 281,519.00
      Payables and Expenses 163,269.00 189,855.00 157,295.00 259,040.00
            Account Payables 17,773.00 55,586.00 36,023.00 80,768.00
            Current Accrued Liabilities 70,291.00 59,934.00 69,112.00 74,947.00
      Short-Term Debt 2,528.00 2,343.00 3,204.00 2,899.00
      Other Current Liabilities 33,707.00 20,612.00 23,369.00 19,580.00
   Non-Current Liabilities 59,548.00 60,455.00 44,781.00 32,177.00
      Long-Term Debt 0 0 0 0
      Other Non-Current Liabilities 59,548.00 60,455.00 44,781.00 32,177.00
Equity 772,284.00 734,696.00 732,601.00 657,632.00
   Shareholders Equity 772,284.00 734,696.00 732,601.00 657,632.00
      Capital Stock 1,348.00 1,337.00 1,322.00 1,398.00
      Share Premium 337,975.00 321,050.00 303,564.00 294,656.00
      Retained Earnings 432,623.00 411,156.00 425,120.00 412,129.00
      Treasury Shares 0 0 0 50,011.00
      Accumulated Other Comprehensive Income 338.00 1,153.00 2,595.00 -540.00
   Minority Interest 0 0 0 0
Debt 2,528.00 2,343.00 3,204.00 2,899.00
Common Shares Outstanding 134,764.48 133,675.94 132,215.73 139,763.93
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 803,552.00 639,142.00 945,921.00 922,100.00
Cost Of Revenue 434,787.00 368,752.00 480,090.00 461,305.00
Interest Income 14,528.00 12,246.00 2,707.00 1,279.00
Interest Expense 0 0 71.00 0
Non-Interest Expense 58,804.00 54,843.00 62,984.00 50,635.00
Gross Profit 368,765.00 270,390.00 465,831.00 460,795.00
Operating Expenses 276,626.00 229,200.00 251,516.00 214,926.00
   Selling, General and Administrative Expenses 58,804.00 54,843.00 62,984.00 50,635.00
   Research and Development Expenses 217,822.00 174,357.00 188,532.00 164,291.00
Operating Income 92,139.00 41,190.00 214,315.00 245,869.00
Net Non-Operating Income 0 8.00 1.00 -77.00
EBT 107,409.00 61,048.00 212,578.00 247,264.00
Income Tax 18,160.00 8,175.00 40,068.00 47,262.00
Net Income Including Non-Controlling Interests 89,249.00 52,873.00 172,510.00 200,002.00
Net Income 89,249.00 52,873.00 172,510.00 200,002.00
EBIT 107,409.00 61,048.00 212,649.00 247,264.00
Deprecation and Amortization 25,331.00 21,810.00 18,931.00 17,160.00
EBITDA 132,740.00 82,858.00 231,580.00 264,424.00
EPS 0.00 0.00 0.01 0.01
Diluted EPS 0.00 0.00 0.01 0.01
Average Shares Outstanding Basic 33,642.00 33,353.00 33,257.00 34,851.00
Average Shares Outstanding Diluted 33,722.00 33,470.00 33,388.00 34,992.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow 77,095.00 149,083.00 83,892.00 174,698.00
   Operating Net Income 89,249.00 52,873.00 172,510.00 200,002.00
   Deprecation and Amortization 25,331.00 21,810.00 18,931.00 17,160.00
   Deferred Income Tax -422.00 428.00 -2,526.00 -1,743.00
   Share Based Compensation 16,956.00 17,547.00 26,661.00 19,545.00
   Change in Working Capital -53,425.00 64,412.00 -130,951.00 -60,474.00
   Other Operating Activities -594.00 -7,987.00 -733.00 208.00
Investing Cash Flow -44,089.00 -49,085.00 -32,942.00 -28,164.00
   Capital Expenditure 0 0 0 0
   Net Purchase/Sale of PPE -44,348.00 -49,085.00 -32,942.00 -24,657.00
   Net Purchase/Sale of Investments Net 259.00 0 0 -3,507.00
   Net Purchase/Sale of Business 0 0 0 0
   Other Investing Activities 0 0 0 0.00
Financing Cash Flow -67,255.00 -16,690.00 -183,096.00 -99,735.00
   Net Issuance/Repayment of Debt 0 0 0 0
   Net Issuance/Repurchase of Equity 0 0 -133,155.00 -45,696.00
   Dividends Paid -67,255.00 -16,690.00 -49,941.00 -54,039.00
   Other Financing Activities 0.00 0.00 0.00 0.00
Net Change in Cash -34,249.00 83,308.00 -132,146.00 46,799.00
   Cash at Beginning of Period 368,990.00 287,055.00 415,523.00 369,211.00
   Cash at End of Period 334,333.00 368,990.00 287,055.00 415,523.00
Free Cash Flow 32,744.00 98,770.00 50,950.00 150,041.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Assets 1,137,025.00 1,033,763.00 991,402.00 1,031,336.00 1,048,737.00
   Current Assets 865,394.00 775,320.00 747,853.00 794,873.00 820,572.00
      Cash and Short-Term Investments 198,581.00 208,043.00 275,140.00 276,068.00 313,924.00
            Cash and Cash Equivalents 198,581.00 208,043.00 275,140.00 276,068.00 313,924.00
            Short-Term Investments 0 0 0 0 0
      Net Receivables 201,576.00 220,924.00 206,693.00 233,744.00 202,726.00
      Inventory 337,967.00 208,005.00 180,903.00 199,229.00 214,574.00
      Other Current Assets 127,270.00 138,348.00 85,117.00 85,832.00 89,348.00
   Non-Current Assets 271,631.00 258,443.00 243,549.00 236,463.00 228,165.00
      Property, Plant, Equipment Net 211,080.00 208,826.00 193,603.00 203,072.00 181,983.00
      Goodwill 0 0 0 0 0
      Intangible Assets 0 0 0 0 0
      Long-Term Investments 32,705.00 19,620.00 20,636.00 17,326.00 16,878.00
      Non-Current Deferred Assets 0 0 0 8,878.00 0
      Other Non-Current Assets 0 0 0 7,187.00 0
Liabilities 303,222.00 244,822.00 219,075.00 259,052.00 239,148.00
   Current Liabilities 251,716.00 189,202.00 168,107.00 199,504.00 176,475.00
      Payables and Expenses 251,716.00 189,202.00 168,107.00 163,269.00 176,475.00
            Account Payables 74,981.00 37,455.00 23,048.00 17,773.00 30,888.00
            Current Accrued Liabilities 157,504.00 134,377.00 130,277.00 70,291.00 131,143.00
      Short-Term Debt 0 0 0 2,528.00 0
      Other Current Liabilities 0 0 0 33,707.00 0
   Non-Current Liabilities 51,506.00 55,620.00 50,968.00 59,548.00 62,673.00
      Long-Term Debt 0 0 0 0 0
      Other Non-Current Liabilities 51,506.00 55,620.00 50,968.00 59,548.00 62,673.00
Equity 833,803.00 788,941.00 772,327.00 772,284.00 809,589.00
   Shareholders Equity 833,803.00 788,941.00 772,327.00 772,284.00 809,589.00
      Capital Stock 0 0 0 1,348.00 0
      Share Premium 0 0 0 337,975.00 0
      Retained Earnings 0 0 0 432,623.00 0
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 0 0 0 338.00 0
   Minority Interest 0 0 0 0 0
Debt 0 0 0 2,528.00 0
Common Shares Outstanding 0 135,934.68 135,934.68 134,764.48 134,764.48
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Revenues 241,999.00 198,675.00 166,492.00 191,160.00 212,412.00
Cost Of Revenue 124,311.00 103,988.00 88,125.00 103,560.00 113,142.00
Interest Income 2,160.00 2,706.00 0 3,768.00 3,518.00
Non-Interest Expense 18,995.00 14,211.00 13,575.00 15,711.00 16,324.00
Gross Profit 117,688.00 94,687.00 78,367.00 87,600.00 99,270.00
Operating Expenses 88,456.00 72,358.00 68,601.00 69,867.00 74,810.00
   Selling, General and Administrative Expenses 18,995.00 14,211.00 13,575.00 15,711.00 16,324.00
   Research and Development Expenses 69,461.00 58,147.00 55,026.00 54,156.00 58,486.00
Operating Income 29,232.00 22,329.00 9,766.00 17,733.00 24,460.00
Net Non-Operating Income 0 1.00 0 0 0
EBT 44,968.00 20,683.00 16,364.00 23,503.00 26,888.00
Income Tax 5,856.00 4,372.00 -3,099.00 1,934.00 6,045.00
Net Income Including Non-Controlling Interests 39,112.00 16,311.00 19,463.00 21,569.00 20,843.00
Net Income 39,112.00 16,311.00 19,463.00 21,569.00 20,843.00
EBIT 29,232.00 22,329.00 9,766.00 33,003.00 24,460.00
Deprecation and Amortization 8,039.00 7,445.00 7,225.00 7,256.00 6,664.00
EBITDA 37,271.00 29,774.00 16,991.00 40,259.00 31,124.00
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 33,560.00 33,557.00 33,634.00 33,690.00 33,687.00
Average Shares Outstanding Diluted 33,592.00 33,562.00 33,827.00 33,814.00 33,700.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Operating Cash Flow 26,881.00 -17,274.00 50,272.00 -6,256.00 54,047.00
   Operating Net Income 39,112.00 16,311.00 19,463.00 21,569.00 20,843.00
   Deprecation and Amortization 8,039.00 7,445.00 7,225.00 7,256.00 6,664.00
   Deferred Income Tax 0 0 0 0 0
   Share Based Compensation 5,521.00 175.00 4,811.00 9,748.00 3,658.00
   Change in Working Capital -12,905.00 -42,258.00 22,082.00 -43,458.00 22,280.00
   Other Operating Activities -12,886.00 1,053.00 -3,309.00 -1,371.00 602.00
Investing Cash Flow -20,040.00 -15,551.00 -11,648.00 -10,477.00 -12,436.00
   Capital Expenditure 0 0 0 0 0
   Net Purchase/Sale of PPE -20,113.00 -15,551.00 -11,648.00 -10,736.00 -12,436.00
   Net Purchase/Sale of Investments Net 0 0 0 259.00 0
   Net Purchase/Sale of Business 0 0 0 0 0
   Other Investing Activities 0 0 0.00 0.00 0
Financing Cash Flow -16,749.00 -16,767.00 -41,247.00 -16,814.00 -16,812.00
   Net Issuance/Repayment of Debt 0 0 0 0 0
   Net Issuance/Repurchase of Equity 0 -21.00 -24,291.00 0 0
   Dividends Paid -16,749.00 -16,746.00 -16,956.00 -16,814.00 -16,812.00
   Other Financing Activities 0.00 0.00 0.00 0 0
Net Change in Cash -9,908.00 -49,592.00 -2,623.00 -33,547.00 24,799.00
   Cash at Beginning of Period 282,279.00 331,747.00 334,333.00 368,596.00 343,611.00
   Cash at End of Period 272,388.00 282,279.00 331,747.00 334,333.00 368,596.00
Free Cash Flow 6,768.00 -32,825.00 38,611.00 -16,995.00 41,611.00