Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings 31.27 -21.50 7.88 10.64
Price to Sales 2.24 0.92 0.83 1.98
Book Value Per Common Share 1.62 1.60 1.62 1.53
Price to Book 2.13 0.81 0.78 1.94
Price to Operating Cash Flow 12.05 115.18 -3.09 11.47
Price to Free Cash Flow 12.56 -252.94 -3.04 13.64
Enterprise Value to EBITDA 147205.44 88248.74 348751.44
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Price to Earnings 124.75 94.60 86.50 49.14 26.50
Price to Sales 12.25 11.43 9.55 7.84 3.82
Book Value Per Common Share 1.83 1.81 1.67 1.62 1.62
Price to Book 2.73 2.62 2.07 2.13 0.98
Price to Operating Cash Flow
Price to Free Cash Flow
Enterprise Value to EBITDA 1014136.05 1134188.79 770850.70 348725.27 203185.27

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY -42.86
Revenue YoY 9.03 -7.78 1.84
EBITDA YoY 67.15
Net Profit YoY -40.30
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Earning YoY -20.00 25.00 -42.86 16.67
Revenue YoY -1.60 14.28 -17.46 5.50
EBITDA YoY 17.99 -7.07 -54.50 26.15
Net Profit YoY -17.81 20.12 -36.51 24.90

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 0.88 0.64 0.65 1.14
Quick Ratio 2.61 2.63 2.45 1.84
Current Ratio 3.08 3.41 3.31 2.17
Debt to Equity 0.38 0.35 0.38 0.66
Long-Term Debt to Equity 0.05 0.08 0.09 0.12
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Cash Per Common Share 0.93 0.94 0.94 0.88 0.84
Quick Ratio 3.74 3.89 2.97 2.61 2.99
Current Ratio 4.35 4.51 3.43 3.08 3.47
Debt to Equity 0.26 0.26 0.34 0.38 0.34
Long-Term Debt to Equity 0.05 0.06 0.05 0.05 0.07

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA 5.06 -2.56 7.38 10.81
ROE 7.00 -3.47 10.17 17.95
Gross Margin 64.10 57.48 60.47 62.95
Operating Margin 13.20 -3.57 5.34 0.35
EBITDA Margin 15.25 -0.78 9.36 5.70
Net Profit Margin 7.38 -3.93 10.77 18.38
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
ROA 1.87 2.31 1.95 3.08 2.53
ROE 2.36 2.91 2.61 4.26 3.40
Gross Margin 67.28 66.09 67.15 64.47 67.95
Operating Margin 12.08 10.08 12.39 22.48 18.80
EBITDA Margin 12.08 10.08 12.39 22.48 18.80
Net Profit Margin 10.59 12.68 12.06 15.68 13.25

Dividends

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Dividend Yield 0.01
Dividend Payout Ratio 625.17
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 52,076.00 50,266.00 51,886.00 59,387.00
   Current Assets 38,234.00 34,339.00 35,259.00 41,913.00
      Cash and Short-Term Investments 20,577.00 14,922.00 15,047.00 26,397.00
            Cash and Cash Equivalents 20,466.00 14,806.00 14,937.00 26,397.00
            Short-Term Investments 111.00 116.00 110.00 0
      Net Receivables 11,816.00 11,552.00 11,068.00 9,101.00
      Inventory 4,957.00 7,178.00 8,443.00 5,751.00
      Other Current Assets 884.00 687.00 701.00 664.00
   Non-Current Assets 13,842.00 15,927.00 16,627.00 17,474.00
      Property, Plant, Equipment Net 1,856.00 2,431.00 2,638.00 3,337.00
      Goodwill 10,360.00 11,090.00 10,866.00 11,449.00
      Intangible Assets 468.00 881.00 1,142.00 2,186.00
      Long-Term Investments 0 0 0 0
      Non-Current Deferred Assets 1,158.00 1,525.00 1,981.00 502.00
      Other Non-Current Assets 0.00 0.00 0.00 0.00
Liabilities 14,400.00 13,074.00 14,199.00 23,630.00
   Current Liabilities 12,420.00 10,064.00 10,638.00 19,283.00
      Payables and Expenses 9,122.00 6,702.00 7,285.00 15,913.00
            Account Payables 2,689.00 1,650.00 2,408.00 2,710.00
            Current Accrued Liabilities 3,407.00 3,128.00 3,189.00 8,980.00
      Short-Term Debt 254.00 297.00 248.00 276.00
      Other Current Liabilities 3,044.00 3,065.00 3,105.00 3,094.00
   Non-Current Liabilities 1,980.00 3,010.00 3,561.00 4,347.00
      Long-Term Debt 296.00 580.00 757.00 969.00
      Other Non-Current Liabilities 1,684.00 2,430.00 2,804.00 3,378.00
Equity 37,676.00 37,192.00 37,687.00 35,757.00
   Shareholders Equity 37,676.00 37,192.00 37,687.00 35,757.00
      Capital Stock 0 6,799.00 6,799.00 6,796.00
      Share Premium 37,377.00 30,521.00 30,503.00 30,394.00
      Retained Earnings -7,163.00 -9,800.00 -8,511.00 -12,342.00
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income 7,462.00 9,672.00 8,896.00 10,909.00
   Minority Interest 0 0 0 0
Debt 550.00 877.00 1,005.00 1,245.00
Common Shares Outstanding 23,326.65 23,309.99 23,309.99 23,301.65
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 35,753.00 32,792.00 35,558.00 34,916.00
Cost Of Revenue 12,836.00 13,944.00 14,056.00 12,935.00
Interest Income 363.00 151.00 48.00 26.00
Interest Expense 104.00 157.00 273.00 52.00
Non-Interest Expense 14,883.00 16,108.00 15,986.00 16,967.00
Gross Profit 22,917.00 18,848.00 21,502.00 21,981.00
Operating Expenses 19,034.00 20,113.00 20,018.00 20,900.00
   Selling, General and Administrative Expenses 14,883.00 16,108.00 15,986.00 16,967.00
   Research and Development Expenses 4,151.00 4,005.00 4,032.00 3,933.00
Operating Income 3,883.00 -1,265.00 1,484.00 1,081.00
EBT 4,614.00 -1,329.00 1,625.00 70.00
Income Tax 1,977.00 -40.00 -2,404.00 2,261.00
Net Income Including Non-Controlling Interests 2,637.00 -1,289.00 3,831.00 6,416.00
Net Income Non-Controlling Interests 0 0 0 1.00
Net Income 2,637.00 -1,289.00 3,831.00 6,417.00
EBIT 4,718.00 -1,172.00 1,898.00 122.00
Deprecation and Amortization 733.00 917.00 1,430.00 1,869.00
EBITDA 5,451.00 -255.00 3,328.00 1,991.00
EPS 0.00 -0.00 0.00 0.00
Diluted EPS 0.00 -0.00 0.00 0.00
Average Shares Outstanding Basic 23,311.72 23,309.99 23,308.00 23,208.59
Average Shares Outstanding Diluted 23,311.72 23,309.99 23,309.98 23,208.59
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow 6,656.00 260.00 -9,515.00 6,029.00
   Operating Net Income 2,637.00 -1,289.00 3,831.00 6,416.00
   Deprecation and Amortization 733.00 917.00 1,430.00 1,869.00
   Deferred Income Tax 0 0 0 0
   Share Based Compensation 18.00 18.00 93.00 155.00
   Change in Working Capital 3,273.00 606.00 -14,869.00 12,477.00
   Other Operating Activities -5.00 8.00 0.00 -14,888.00
Investing Cash Flow -223.00 -334.00 -237.00 31,725.00
   Capital Expenditure 0 0 0 0
   Net Purchase/Sale of PPE -222.00 -333.00 -129.00 -792.00
   Net Purchase/Sale of Investments Net -1.00 -1.00 -108.00 65.00
   Net Purchase/Sale of Business 0 0 0 32,621.00
   Other Investing Activities 0 0.00 0.00 -169.00
Financing Cash Flow 39.00 -213.00 19.00 -39,683.00
   Net Issuance/Repayment of Debt 0 0 0 0
   Net Issuance/Repurchase of Equity 0 0 0 0
   Dividends Paid 0 0 0 -40,117.00
   Other Financing Activities 0 0 0 434.00
Net Change in Cash 6,472.00 -287.00 -9,733.00 -1,929.00
   Cash at Beginning of Period 14,806.00 14,937.00 26,397.00 27,345.00
   Cash at End of Period 20,466.00 14,806.00 14,937.00 26,397.00
Free Cash Flow 6,383.00 -120.00 -9,673.00 5,068.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Assets 53,897.00 53,099.00 52,357.00 52,076.00 50,696.00
   Current Assets 39,905.00 38,672.00 38,346.00 38,234.00 35,837.00
      Cash and Short-Term Investments 21,664.00 21,939.00 21,995.00 20,577.00 19,501.00
            Cash and Cash Equivalents 21,538.00 21,813.00 21,879.00 20,466.00 19,383.00
            Short-Term Investments 126.00 126.00 116.00 111.00 118.00
      Net Receivables 12,673.00 11,419.00 11,115.00 11,816.00 11,449.00
      Inventory 5,562.00 5,308.00 5,231.00 4,957.00 4,881.00
      Other Current Assets 6.00 6.00 5.00 884.00 6.00
   Non-Current Assets 13,992.00 14,427.00 14,011.00 13,842.00 14,859.00
      Property, Plant, Equipment Net 1,971.00 2,005.00 1,917.00 1,856.00 2,087.00
      Goodwill 10,722.00 10,889.00 10,399.00 10,360.00 10,922.00
      Intangible Assets 223.00 317.00 385.00 468.00 589.00
      Long-Term Investments 0 0 0 0 0
      Non-Current Deferred Assets 1,076.00 1,216.00 1,310.00 1,158.00 1,261.00
      Other Non-Current Assets 0.00 0.00 0.00 0.00 0.00
Liabilities 11,198.00 10,971.00 13,298.00 14,400.00 12,869.00
   Current Liabilities 9,175.00 8,577.00 11,165.00 12,420.00 10,339.00
      Payables and Expenses 6,252.00 5,731.00 8,216.00 9,122.00 7,438.00
            Account Payables 2,372.00 1,841.00 2,047.00 2,689.00 1,522.00
            Current Accrued Liabilities 0 0 0 3,407.00 0
      Short-Term Debt 199.00 229.00 237.00 254.00 261.00
      Other Current Liabilities 2,724.00 2,617.00 2,712.00 3,044.00 2,640.00
   Non-Current Liabilities 2,023.00 2,394.00 2,133.00 1,980.00 2,530.00
      Long-Term Debt 167.00 213.00 248.00 296.00 378.00
      Other Non-Current Liabilities 1,856.00 2,181.00 1,885.00 1,684.00 2,152.00
Equity 42,699.00 42,128.00 39,059.00 37,676.00 37,827.00
   Shareholders Equity 42,699.00 42,128.00 39,059.00 37,676.00 37,827.00
      Capital Stock 0 0 0 0 0
      Share Premium 37,861.00 37,693.00 37,527.00 37,377.00 0
      Retained Earnings -3,914.00 -4,920.00 -6,144.00 -7,163.00 0
      Treasury Shares 0 0 0 0 0
      Accumulated Other Comprehensive Income 8,752.00 9,355.00 7,676.00 7,462.00 0
   Minority Interest 0 0 0 0 0
Debt 366.00 442.00 485.00 550.00 639.00
Common Shares Outstanding 23,331.65 23,331.65 23,326.65 23,326.65 23,309.99
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30
Revenues 9,500.00 9,654.00 8,448.00 10,235.00 9,701.00
Cost Of Revenue 3,108.00 3,274.00 2,775.00 3,636.00 3,109.00
Interest Income 0 0 269.00 0 0
Non-Interest Expense 4,432.00 4,507.00 3,726.00 4,324.00 3,468.00
Gross Profit 6,392.00 6,380.00 5,673.00 6,599.00 6,592.00
Operating Expenses 5,244.00 5,407.00 4,626.00 5,133.00 4,768.00
   Selling, General and Administrative Expenses 4,432.00 4,507.00 3,726.00 4,324.00 3,468.00
   Research and Development Expenses 812.00 900.00 900.00 809.00 1,300.00
Operating Income 1,148.00 973.00 1,047.00 1,466.00 1,824.00
EBT 1,430.00 643.00 1,316.00 1,929.00 1,935.00
Income Tax 424.00 -581.00 297.00 324.00 650.00
Net Income Including Non-Controlling Interests 1,006.00 1,224.00 1,019.00 1,605.00 1,285.00
Net Income 1,006.00 1,224.00 1,019.00 1,605.00 1,285.00
EBIT 1,148.00 973.00 1,047.00 2,301.00 1,824.00
EBITDA 1,148.00 973.00 1,047.00 2,301.00 1,824.00
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 23,331.65 23,328.19 23,326.65 23,316.88 23,309.99
Average Shares Outstanding Diluted 23,545.28 23,335.83 23,332.36 23,316.88 23,309.99
Breakdown
Operating Cash Flow
   Operating Net Income
   Deprecation and Amortization
   Deferred Income Tax
   Share Based Compensation
   Change in Working Capital
   Other Operating Activities
Investing Cash Flow
   Capital Expenditure
   Net Purchase/Sale of PPE
   Net Purchase/Sale of Investments Net
   Net Purchase/Sale of Business
   Other Investing Activities
Financing Cash Flow
   Net Issuance/Repayment of Debt
   Net Issuance/Repurchase of Equity
   Dividends Paid
   Other Financing Activities
Net Change in Cash
   Cash at Beginning of Period
   Cash at End of Period
Free Cash Flow