Valuation Ratios

Breakdown 2024-12-31
Price to Earnings 34.43
Price to Sales 10.21
Book Value Per Common Share 1.20
Price to Book 17.53
Price to Operating Cash Flow 23.63
Price to Free Cash Flow -4.39
Enterprise Value to EBITDA 164418.27
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31
Price to Earnings 78.83 103.87 60.59 58.31
Price to Sales 10.37 12.17 8.54 33.32
Book Value Per Common Share 2.33 2.17 2.02 1.20
Price to Book 6.10 7.17 5.11 17.53
Price to Operating Cash Flow 18.34 25.89 22.18 75.45
Price to Free Cash Flow -24.47 -24.80 -10.51 -17.01
Enterprise Value to EBITDA 271992.71 323443.16 214867.64 350751.41

Earnings Data

Breakdown 2024-12-31
Earning YoY
Revenue YoY
EBITDA YoY
Net Profit YoY
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31
Earning YoY 20.00 -11.76 -52.78
Revenue YoY 7.35 7.15 89.90
EBITDA YoY 9.25 0.69 -19.89
Net Profit YoY 16.58 -7.07 -54.54

Financial Strength

Breakdown 2024-12-31
Cash Per Common Share 1.49
Quick Ratio 1.12
Current Ratio 1.29
Debt to Equity 5.83
Long-Term Debt to Equity 5.27
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31
Cash Per Common Share 0.77 0.93 1.50 1.49
Quick Ratio 0.64 1.02 1.50 1.12
Current Ratio 0.83 1.39 1.73 1.29
Debt to Equity 4.46 4.28 4.39 5.83
Long-Term Debt to Equity 4.03 3.96 4.06 5.27

Profitability

Breakdown 2024-12-31
ROA 3.39
ROE 23.17
Gross Margin 66.35
Operating Margin 55.65
EBITDA Margin 62.13
Net Profit Margin 29.67
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31
ROA 0.86 0.79 0.88 2.00
ROE 4.68 4.18 4.74 13.68
Gross Margin 51.76 45.63 55.94 66.73
Operating Margin 31.78 29.06 32.62 88.91
EBITDA Margin 38.33 37.67 40.08 95.01
Net Profit Margin 12.89 11.87 13.68 57.15

Dividends

Breakdown 2024-12-31
Dividend Yield 0.00
Dividend Payout Ratio 9.42
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31
Dividend Yield 0.00 0.00 0.00
Dividend Payout Ratio 41.03 15.49 47.98

Financial Statements

Breakdown 2024-12-31
Assets 43,491,000.00
   Current Assets 4,559,000.00
      Cash and Short-Term Investments 3,608,000.00
            Cash and Cash Equivalents 3,608,000.00
            Short-Term Investments 0
      Net Receivables 364,000.00
      Inventory 171,000.00
      Other Current Assets 416,000.00
   Non-Current Assets 38,932,000.00
      Property, Plant, Equipment Net 35,277,000.00
      Goodwill 0
      Intangible Assets 0
      Long-Term Investments 327,000.00
      Non-Current Deferred Assets 384,000.00
      Other Non-Current Assets 2,944,000.00
Liabilities 37,124,000.00
   Current Liabilities 3,542,000.00
      Payables and Expenses 2,879,000.00
            Account Payables 1,536,000.00
            Current Accrued Liabilities 1,248,000.00
      Short-Term Debt 190,000.00
      Other Current Liabilities 473,000.00
   Non-Current Liabilities 33,582,000.00
      Long-Term Debt 29,622,000.00
      Other Non-Current Liabilities 3,960,000.00
Equity 6,367,000.00
   Shareholders Equity 2,897,000.00
      Capital Stock 23,000.00
      Share Premium 512,000.00
      Retained Earnings 2,611,000.00
      Treasury Shares 0
      Accumulated Other Comprehensive Income -249,000.00
   Minority Interest 3,470,000.00
Debt 29,812,000.00
Net Debt 25,668,000.00
Common Shares Outstanding 2,419,541.85
Breakdown 2024-12-31
Revenues 4,972,000.00
Cost Of Revenue 1,673,000.00
Interest Income 244,000.00
Interest Expense 584,000.00
Non-Interest Expense 312,000.00
Gross Profit 3,299,000.00
Operating Expenses 1,536,000.00
   Selling, General and Administrative Expenses 312,000.00
   Research and Development Expenses 635,000.00
Operating Income 1,763,000.00
EBT 2,183,000.00
Income Tax 437,000.00
Net Income Including Non-Controlling Interests 1,602,000.00
Net Income Non-Controlling Interests -59,000.00
Net Income 1,475,000.00
EBIT 2,767,000.00
Deprecation and Amortization 322,000.00
EBITDA 3,089,000.00
EPS 0.00
Diluted EPS 0.00
Average Shares Outstanding Basic 2,419,541.85
Average Shares Outstanding Diluted 2,419,541.85
Breakdown 2024-12-31
Operating Cash Flow 2,149,000.00
   Operating Net Income 1,746,000.00
   Deprecation and Amortization 322,000.00
   Deferred Income Tax 446,000.00
   Share Based Compensation 22,000.00
   Change in Working Capital 85,000.00
   Other Operating Activities -472,000.00
Investing Cash Flow -14,159,000.00
   Capital Expenditure 0
   Net Purchase/Sale of PPE -13,717,000.00
   Net Purchase/Sale of Investments Net 0
   Net Purchase/Sale of Business -106,000.00
   Other Investing Activities 0
Financing Cash Flow 10,752,000.00
   Net Issuance/Repayment of Debt 8,455,000.00
   Net Issuance/Repurchase of Equity 3,000,000.00
   Dividends Paid -139,000.00
   Other Financing Activities -564,000.00
Net Change in Cash -1,258,000.00
   Cash at Beginning of Period 5,872,000.00
   Cash at End of Period 4,614,000.00
Free Cash Flow -11,568,000.00
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31
Assets 50,079,000.00 46,511,000.00 45,051,000.00 43,491,000.00
   Current Assets 3,258,000.00 3,978,000.00 4,893,000.00 4,559,000.00
      Cash and Short-Term Investments 1,879,000.00 2,247,000.00 3,605,000.00 3,608,000.00
            Cash and Cash Equivalents 1,879,000.00 2,247,000.00 3,605,000.00 3,608,000.00
            Short-Term Investments 0 0 0 0
      Net Receivables 633,000.00 673,000.00 640,000.00 364,000.00
      Inventory 227,000.00 184,000.00 189,000.00 171,000.00
      Other Current Assets 519,000.00 874,000.00 459,000.00 416,000.00
   Non-Current Assets 46,821,000.00 42,533,000.00 40,158,000.00 38,932,000.00
      Property, Plant, Equipment Net 44,018,000.00 40,552,000.00 37,587,000.00 35,277,000.00
      Goodwill 0 0 0 0
      Intangible Assets 0 0 0 0
      Long-Term Investments 0 173,000.00 337,000.00 327,000.00
      Non-Current Deferred Assets 510,000.00 146,000.00 58,000.00 384,000.00
      Other Non-Current Assets 0 1,662,000.00 2,176,000.00 2,944,000.00
Liabilities 40,908,000.00 37,706,000.00 36,699,000.00 37,124,000.00
   Current Liabilities 3,923,000.00 2,857,000.00 2,824,000.00 3,542,000.00
      Payables and Expenses 2,575,000.00 2,224,000.00 2,225,000.00 2,879,000.00
            Account Payables 947,000.00 601,000.00 791,000.00 1,536,000.00
            Current Accrued Liabilities 1,628,000.00 1,623,000.00 1,379,000.00 1,248,000.00
      Short-Term Debt 856,000.00 197,000.00 193,000.00 190,000.00
      Other Current Liabilities 492,000.00 436,000.00 406,000.00 473,000.00
   Non-Current Liabilities 36,985,000.00 34,849,000.00 33,875,000.00 33,582,000.00
      Long-Term Debt 32,451,000.00 30,288,000.00 29,651,000.00 29,622,000.00
      Other Non-Current Liabilities 4,534,000.00 4,561,000.00 4,224,000.00 3,960,000.00
Equity 9,171,000.00 8,805,000.00 8,352,000.00 6,367,000.00
   Shareholders Equity 5,692,000.00 5,269,000.00 4,881,000.00 2,897,000.00
      Capital Stock 24,000.00 24,000.00 24,000.00 23,000.00
      Share Premium 2,214,000.00 2,180,000.00 2,164,000.00 512,000.00
      Retained Earnings 3,694,000.00 3,307,000.00 2,939,000.00 2,611,000.00
      Treasury Shares 0 0 0 0
      Accumulated Other Comprehensive Income -240,000.00 -242,000.00 -246,000.00 -249,000.00
   Minority Interest 3,479,000.00 3,536,000.00 3,471,000.00 3,470,000.00
Debt 33,307,000.00 30,485,000.00 29,844,000.00 29,812,000.00
Net Debt 30,720,000.00 27,724,000.00 25,718,000.00 25,668,000.00
Common Shares Outstanding 2,445,604.46 2,424,604.46 2,419,613.85 2,419,541.85
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31
Revenues 3,329,000.00 3,101,000.00 2,894,000.00 1,524,000.00
Cost Of Revenue 1,606,000.00 1,686,000.00 1,275,000.00 507,000.00
Interest Income 27,000.00 38,000.00 56,000.00 57,000.00
Interest Expense 421,000.00 310,000.00 276,000.00 117,000.00
Non-Interest Expense 105,000.00 103,000.00 105,000.00 88,000.00
Gross Profit 1,723,000.00 1,415,000.00 1,619,000.00 1,017,000.00
Operating Expenses 403,000.00 377,000.00 539,000.00 423,000.00
   Selling, General and Administrative Expenses 105,000.00 103,000.00 105,000.00 88,000.00
   Research and Development Expenses 53,000.00 57,000.00 182,000.00 124,000.00
Operating Income 1,320,000.00 1,038,000.00 1,080,000.00 594,000.00
EBT 637,000.00 591,000.00 668,000.00 1,238,000.00
Income Tax 87,000.00 116,000.00 151,000.00 248,000.00
Net Income Including Non-Controlling Interests 506,000.00 436,000.00 479,000.00 953,000.00
Net Income Non-Controlling Interests -10,000.00 -1,000.00 -15,000.00 -15,000.00
Net Income 429,000.00 368,000.00 396,000.00 871,000.00
EBIT 1,058,000.00 901,000.00 944,000.00 1,355,000.00
Deprecation and Amortization 218,000.00 267,000.00 216,000.00 93,000.00
EBITDA 1,276,000.00 1,168,000.00 1,160,000.00 1,448,000.00
EPS 0.00 0.00 0.00 0.00
Diluted EPS 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 2,433,000.00 2,423,000.00 2,399,000.00 2,419,541.85
Average Shares Outstanding Diluted 2,641,000.00 2,635,000.00 2,643,000.00 2,419,541.85
Breakdown 2025-09-30 2025-06-30 2025-03-31 2024-12-31
Operating Cash Flow 1,883,000.00 1,458,000.00 1,114,000.00 673,000.00
   Operating Net Income 550,000.00 475,000.00 517,000.00 990,000.00
   Deprecation and Amortization 218,000.00 267,000.00 216,000.00 93,000.00
   Deferred Income Tax 86,000.00 115,000.00 149,000.00 260,000.00
   Share Based Compensation 11,000.00 11,000.00 12,000.00 4,000.00
   Change in Working Capital 110,000.00 -23,000.00 -97,000.00 -43,000.00
   Other Operating Activities 908,000.00 613,000.00 317,000.00 -631,000.00
Investing Cash Flow -3,173,000.00 -2,934,000.00 -3,470,000.00 -3,723,000.00
   Capital Expenditure 0 0 0 0
   Net Purchase/Sale of PPE -3,294,000.00 -2,980,000.00 -3,466,000.00 -3,659,000.00
   Net Purchase/Sale of Investments Net 0 0 0 0
   Net Purchase/Sale of Business 0 0 0 -28,000.00
   Other Investing Activities 0 0 0 -36,000.00
Financing Cash Flow 1,910,000.00 364,000.00 1,776,000.00 2,029,000.00
   Net Issuance/Repayment of Debt 2,740,000.00 616,000.00 337,000.00 2,320,000.00
   Net Issuance/Repurchase of Equity 0 0 0 0
   Dividends Paid -176,000.00 -57,000.00 -190,000.00 0
   Other Financing Activities 0 0 0 0
Net Change in Cash 620,000.00 -1,112,000.00 -580,000.00 -1,021,000.00
   Cash at Beginning of Period 2,922,000.00 4,034,000.00 4,614,000.00 5,635,000.00
   Cash at End of Period 3,542,000.00 2,922,000.00 4,034,000.00 4,614,000.00
Free Cash Flow -1,411,000.00 -1,522,000.00 -2,352,000.00 -2,986,000.00