Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings 27.73 21.14 18.88 25.97
Price to Sales 2.62 2.30 2.40 3.00
Book Value Per Common Share 8.07 7.24 7.52 6.68
Price to Book 7.90 7.53 7.53 9.06
Price to Operating Cash Flow 16.70 14.56 19.82 19.74
Price to Free Cash Flow 21.06 17.86 25.90 23.72
Enterprise Value to EBITDA 134465.30 113658.01 109588.57 143271.05
Breakdown 2025-06-30 2024-12-31 2024-06-30
Price to Earnings
Price to Sales
Book Value Per Common Share 7.26 8.07 8.14
Price to Book 9.48 7.90 7.60
Price to Operating Cash Flow
Price to Free Cash Flow
Enterprise Value to EBITDA

Earnings Data

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Earning YoY -10.85 -14.00 28.76
Revenue YoY 1.94 -0.78 14.55
EBITDA YoY -2.07 -8.26 20.85
Net Profit YoY -11.45 -15.11 26.33
Breakdown 2025-06-30 2024-12-31 2024-06-30
Earning YoY
Revenue YoY
EBITDA YoY
Net Profit YoY

Financial Strength

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Cash Per Common Share 3.06 2.43 2.29 1.87
Quick Ratio
Current Ratio 0.76 0.76 0.75 0.70
Debt to Equity 2.54 2.62 2.59 2.80
Long-Term Debt to Equity 1.42 1.49 1.41 1.55
Breakdown 2025-06-30 2024-12-31 2024-06-30
Cash Per Common Share 2.17 3.08 2.54
Quick Ratio
Current Ratio 0.76 0.76 0.77
Debt to Equity 2.81 2.54 2.47
Long-Term Debt to Equity 1.55 1.42 1.33

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA 7.20 8.62 9.82 8.06
ROE 25.47 31.24 35.22 30.63
Gross Margin 45.05 42.24 40.23 42.30
Operating Margin 16.44 17.47 18.52 17.26
EBITDA Margin 19.33 20.12 21.76 20.63
Net Profit Margin 9.45 10.88 12.72 11.53
Breakdown 2025-06-30 2024-12-31 2024-06-30
ROA
ROE
Gross Margin
Operating Margin
EBITDA Margin
Net Profit Margin

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 75.19 67.26 56.65 74.11
Breakdown 2025-06-30 2024-12-31 2024-06-30
Dividend Yield
Dividend Payout Ratio

Financial Statements

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Assets 79,750,000.00 75,266,000.00 77,821,000.00 75,095,000.00
   Current Assets 19,194,000.00 17,902,000.00 19,157,000.00 17,401,000.00
      Cash and Short-Term Investments 7,629,000.00 6,109,000.00 5,840,000.00 4,849,000.00
            Cash and Cash Equivalents 6,136,000.00 4,159,000.00 4,326,000.00 3,415,000.00
            Short-Term Investments 1,493,000.00 1,950,000.00 1,514,000.00 1,434,000.00
      Net Receivables 0 0 0 0
      Inventory 5,177,000.00 5,119,000.00 5,931,000.00 4,683,000.00
      Other Current Assets 6,388,000.00 6,674,000.00 7,386,000.00 7,869,000.00
   Non-Current Assets 60,556,000.00 57,364,000.00 58,664,000.00 57,694,000.00
      Property, Plant, Equipment Net 11,669,000.00 10,707,000.00 10,770,000.00 10,347,000.00
      Goodwill 22,311,000.00 21,109,000.00 21,609,000.00 20,330,000.00
      Intangible Assets 18,590,000.00 18,357,000.00 18,880,000.00 18,261,000.00
      Long-Term Investments 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0
      Other Non-Current Assets 7,986,000.00 7,191,000.00 7,405,000.00 8,756,000.00
Liabilities 57,195,000.00 54,502,000.00 56,120,000.00 55,349,000.00
   Current Liabilities 25,234,000.00 23,507,000.00 25,427,000.00 24,778,000.00
      Payables and Expenses 0 0 0 0
            Account Payables 10,258,000.00 10,355,000.00 11,100,000.00 8,896,000.00
            Current Accrued Liabilities 0 0 0 0
      Short-Term Debt 6,202,000.00 4,901,000.00 5,571,000.00 7,061,000.00
      Other Current Liabilities 19,032,000.00 18,606,000.00 19,856,000.00 17,717,000.00
   Non-Current Liabilities 31,961,000.00 30,995,000.00 30,693,000.00 30,571,000.00
      Long-Term Debt 24,453,000.00 23,692,000.00 22,868,000.00 22,611,000.00
      Other Non-Current Liabilities 7,508,000.00 7,303,000.00 7,825,000.00 7,960,000.00
Equity 22,555,000.00 20,764,000.00 21,701,000.00 19,746,000.00
   Shareholders Equity 19,990,000.00 18,102,000.00 19,021,000.00 17,107,000.00
      Capital Stock 88,000.00 88,000.00 92,000.00 92,000.00
      Share Premium 52,869,000.00 52,869,000.00 52,865,000.00 52,865,000.00
      Retained Earnings 49,721,000.00 47,052,000.00 50,253,000.00 46,745,000.00
      Treasury Shares 2,296,000.00 6,241,000.00 4,809,000.00 3,406,000.00
      Accumulated Other Comprehensive Income 0 0 0 0
   Minority Interest 2,565,000.00 2,662,000.00 2,680,000.00 2,639,000.00
Debt 30,655,000.00 28,593,000.00 28,439,000.00 29,672,000.00
Net Debt 23,033,000.00 23,039,000.00 22,705,000.00 24,608,000.00
Common Shares Outstanding 2,475,622.10 2,499,017.83 2,528,995.62 2,560,966.47
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 60,761,000.00 59,604,000.00 60,073,000.00 52,444,000.00
Cost Of Revenue 33,391,000.00 34,429,000.00 35,906,000.00 30,259,000.00
Interest Income 438,000.00 442,000.00 281,000.00 147,000.00
Interest Expense 1,118,000.00 1,075,000.00 789,000.00 498,000.00
Non-Interest Expense 15,204,000.00 14,295,000.00 13,576,000.00 11,702,000.00
Gross Profit 27,370,000.00 25,175,000.00 24,167,000.00 22,185,000.00
Operating Expenses 16,120,000.00 15,134,000.00 14,440,000.00 12,549,000.00
   Selling, General and Administrative Expenses 15,204,000.00 14,295,000.00 13,576,000.00 11,702,000.00
   Research and Development Expenses 987,000.00 949,000.00 908,000.00 847,000.00
   Other Operating Expenses 0 5,749,000.00 5,755,000.00 4,829,000.00
Operating Income 11,250,000.00 10,041,000.00 9,727,000.00 9,636,000.00
EBT 8,869,000.00 9,339,000.00 10,337,000.00 8,556,000.00
Income Tax 2,500,000.00 2,199,000.00 2,068,000.00 1,935,000.00
Net Income Including Non-Controlling Interests 6,369,000.00 7,140,000.00 8,269,000.00 6,621,000.00
Net Income Non-Controlling Interests -625,000.00 -653,000.00 -627,000.00 -572,000.00
Net Income 5,744,000.00 6,487,000.00 7,642,000.00 6,049,000.00
EBIT 9,987,000.00 10,414,000.00 11,126,000.00 9,054,000.00
Deprecation and Amortization 1,757,000.00 1,578,000.00 1,946,000.00 1,763,000.00
EBITDA 11,744,000.00 11,992,000.00 13,072,000.00 10,817,000.00
EPS 0.00 0.00 0.00 0.00
Diluted EPS 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 2,492,600.00 2,515,900.00 2,548,200.00 2,599,900.00
Average Shares Outstanding Diluted 2,507,100.00 2,532,400.00 2,559,800.00 2,609,600.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow 9,519,000.00 9,426,000.00 7,282,000.00 7,972,000.00
   Operating Net Income 6,369,000.00 7,140,000.00 8,269,000.00 6,621,000.00
   Deprecation and Amortization 0 0 0 0
   Deferred Income Tax 2,500,000.00 2,199,000.00 2,068,000.00 1,935,000.00
   Share Based Compensation 324,000.00 212,000.00 177,000.00 161,000.00
   Change in Working Capital -160,000.00 814,000.00 -422,000.00 -47,000.00
   Other Operating Activities 486,000.00 -939,000.00 -2,810,000.00 -698,000.00
Investing Cash Flow -625,000.00 -2,294,000.00 2,453,000.00 -3,246,000.00
   Capital Expenditure 0 0 0 0
   Net Purchase/Sale of PPE -1,701,000.00 -1,460,000.00 -1,374,000.00 -1,007,000.00
   Net Purchase/Sale of Investments Net 426,000.00 -829,000.00 -35,000.00 -252,000.00
   Net Purchase/Sale of Business 190,000.00 -268,000.00 3,643,000.00 -2,088,000.00
   Other Investing Activities 0 0 0 0
Financing Cash Flow -6,941,000.00 -7,193,000.00 -8,890,000.00 -7,099,000.00
   Net Issuance/Repayment of Debt 643,000.00 -570,000.00 -545,000.00 656,000.00
   Net Issuance/Repurchase of Equity -1,508,000.00 -1,507,000.00 -1,509,000.00 -3,018,000.00
   Dividends Paid -4,319,000.00 -4,363,000.00 -4,329,000.00 -4,483,000.00
   Other Financing Activities -1,757,000.00 -753,000.00 -2,507,000.00 -254,000.00
Net Change in Cash 1,953,000.00 -61,000.00 845,000.00 -2,373,000.00
   Cash at Beginning of Period 4,045,000.00 4,225,000.00 3,387,000.00 5,475,000.00
   Cash at End of Period 5,950,000.00 4,045,000.00 4,225,000.00 3,387,000.00
Free Cash Flow 7,548,000.00 7,681,000.00 5,573,000.00 6,632,000.00
Breakdown 2025-06-30 2024-12-31 2024-06-30
Assets 75,999,000.00 79,750,000.00 79,832,000.00
   Current Assets 19,190,000.00 19,194,000.00 20,221,000.00
      Cash and Short-Term Investments 5,310,000.00 7,629,000.00 6,336,000.00
            Cash and Cash Equivalents 4,344,000.00 6,136,000.00 4,970,000.00
            Short-Term Investments 966,000.00 1,493,000.00 1,366,000.00
      Net Receivables 0 0 0
      Inventory 5,502,000.00 5,177,000.00 5,621,000.00
      Other Current Assets 8,378,000.00 6,388,000.00 8,264,000.00
   Non-Current Assets 56,809,000.00 60,556,000.00 59,611,000.00
      Property, Plant, Equipment Net 10,940,000.00 11,669,000.00 11,098,000.00
      Goodwill 20,611,000.00 22,311,000.00 22,009,000.00
      Intangible Assets 17,430,000.00 18,590,000.00 19,092,000.00
      Long-Term Investments 0 0 0
      Non-Current Deferred Assets 0 0 0
      Other Non-Current Assets 7,828,000.00 7,986,000.00 7,412,000.00
Liabilities 56,068,000.00 57,195,000.00 56,809,000.00
   Current Liabilities 25,099,000.00 25,234,000.00 26,130,000.00
      Payables and Expenses 0 0 0
            Account Payables 16,297,000.00 10,258,000.00 17,209,000.00
            Current Accrued Liabilities 0 0 0
      Short-Term Debt 0 6,202,000.00 0
      Other Current Liabilities 0 19,032,000.00 0
   Non-Current Liabilities 30,969,000.00 31,961,000.00 30,679,000.00
      Long-Term Debt 0 24,453,000.00 0
      Other Non-Current Liabilities 0 7,508,000.00 0
Equity 19,931,000.00 22,555,000.00 23,023,000.00
   Shareholders Equity 17,795,000.00 19,990,000.00 20,308,000.00
      Capital Stock 88,000.00 88,000.00 88,000.00
      Share Premium 52,844,000.00 52,869,000.00 52,844,000.00
      Retained Earnings 50,700,000.00 49,721,000.00 49,567,000.00
      Treasury Shares 0 2,296,000.00 0
      Accumulated Other Comprehensive Income 0 0 0
   Minority Interest 2,136,000.00 2,565,000.00 2,715,000.00
Debt 0 30,655,000.00 0
Net Debt 0 23,033,000.00 0
Common Shares Outstanding 2,451,778.58 2,475,622.10 2,496,349.58
Breakdown
EBT
Income Tax
Net Income
EPS
Average Shares Outstanding Basic
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