Valuation Ratios

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Price to Earnings 20.44 92.37 15.81 28.30
Price to Sales 0.75 0.69 0.75 1.41
Book Value Per Common Share 3.22 3.14 3.44 3.13
Price to Book 15.96 15.14 14.29 24.11
Price to Operating Cash Flow 7.86 8.24 15.40 8.89
Price to Free Cash Flow 9.45 9.99 22.63 10.39
Enterprise Value to EBITDA 285524.04 267576.73 258800.04 490838.29
Breakdown 2025-06-30 2024-12-31 2024-06-30
Price to Earnings
Price to Sales
Book Value Per Common Share 2.93 3.22 3.24
Price to Book 11.94 15.96 14.11
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 388.35 -83.44 16.48
Revenue YoY -0.70 2.88 12.72
EBITDA YoY 1.68 -6.00 14.40
Net Profit YoY 392.73 -83.89 7.10
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 12.25 10.34 11.35 16.26
Quick Ratio
Current Ratio 0.88 0.86 0.85 0.93
Debt to Equity 5.83 5.95 5.93 5.85
Long-Term Debt to Equity 1.68 1.69 1.67 1.80
Breakdown 2025-06-30 2024-12-31 2024-06-30
Cash Per Common Share 1.33 2.45 1.97
Quick Ratio
Current Ratio 0.86 0.88 0.89
Debt to Equity 5.86 5.83 5.52
Long-Term Debt to Equity 1.83 1.68 1.74

Profitability

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
ROA 2.12 0.41 2.37 2.29
ROE 14.52 2.87 16.42 15.67
Gross Margin 16.63 16.97 17.60 17.21
Operating Margin 9.82 4.95 10.53 9.64
EBITDA Margin 13.17 12.87 14.08 13.88
Net Profit Margin 3.68 0.74 4.73 4.98
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 78.41 384.55 53.44 49.35
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 25,509,000.00 26,623,000.00 28,822,500.00 27,870,800.00
   Current Assets 13,661,000.00 13,944,000.00 15,098,300.00 15,335,600.00
      Cash and Short-Term Investments 2,638,000.00 2,218,000.00 2,491,500.00 3,882,900.00
            Cash and Cash Equivalents 2,638,000.00 2,218,000.00 2,491,500.00 3,882,900.00
            Short-Term Investments 0 0 0 0
      Net Receivables 0 0 0 0
      Inventory 0 0 0 0
      Other Current Assets 11,023,000.00 11,726,000.00 12,606,800.00 11,452,700.00
   Non-Current Assets 11,848,000.00 12,679,000.00 13,724,200.00 12,535,200.00
      Property, Plant, Equipment Net 2,294,000.00 2,210,000.00 2,529,200.00 2,291,500.00
      Goodwill 7,610,000.00 8,389,000.00 8,453,400.00 7,612,300.00
      Intangible Assets 737,000.00 850,000.00 1,451,900.00 1,359,500.00
      Long-Term Investments 0 0 0 0
      Non-Current Deferred Assets 0 0 0 0
      Other Non-Current Assets 1,207,000.00 1,230,000.00 1,289,700.00 1,271,900.00
Liabilities 21,775,000.00 22,790,000.00 24,662,100.00 23,801,800.00
   Current Liabilities 15,516,000.00 16,305,000.00 17,708,300.00 16,485,400.00
      Payables and Expenses 0 0 0 0
            Account Payables 10,637,000.00 10,826,000.00 11,182,300.00 10,596,900.00
            Current Accrued Liabilities 0 0 0 0
      Short-Term Debt 824,000.00 1,238,000.00 1,451,400.00 846,900.00
      Other Current Liabilities 14,692,000.00 15,067,000.00 16,256,900.00 15,638,500.00
   Non-Current Liabilities 6,259,000.00 6,485,000.00 6,953,800.00 7,316,400.00
      Long-Term Debt 5,524,000.00 5,637,000.00 5,730,000.00 5,978,900.00
      Other Non-Current Liabilities 735,000.00 848,000.00 1,223,800.00 1,337,500.00
Equity 3,734,000.00 3,833,000.00 4,160,400.00 4,069,000.00
   Shareholders Equity 3,475,000.00 3,376,000.00 3,680,800.00 3,616,400.00
      Capital Stock 109,000.00 114,000.00 114,100.00 122,400.00
      Share Premium 579,000.00 577,000.00 575,900.00 574,700.00
      Retained Earnings 2,827,000.00 3,488,000.00 3,759,700.00 4,367,300.00
      Treasury Shares 191,000.00 990,000.00 1,054,100.00 1,112,100.00
      Accumulated Other Comprehensive Income 0 0 0 0
   Minority Interest 259,000.00 457,000.00 479,600.00 452,600.00
Debt 6,348,000.00 6,875,000.00 7,181,400.00 6,825,800.00
Net Debt 1,690,000.00 2,503,000.00 2,479,300.00 901,100.00
Common Shares Outstanding 1,078,762.59 1,074,347.05 1,069,725.37 1,153,969.60
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Revenues 14,741,000.00 14,845,000.00 14,429,000.00 12,801,100.00
Cost Of Revenue 12,290,000.00 12,326,000.00 11,890,000.00 10,597,500.00
Interest Income 3,000.00 3,000.00 3,000.00 51,500.00
Interest Expense 417,000.00 389,000.00 359,000.00 283,600.00
Non-Interest Expense 1,126,000.00 1,988,000.00 1,181,000.00 974,600.00
Gross Profit 2,451,000.00 2,519,000.00 2,539,000.00 2,203,600.00
Operating Expenses 1,126,000.00 1,988,000.00 1,181,000.00 974,600.00
   Selling, General and Administrative Expenses 1,126,000.00 1,988,000.00 1,181,000.00 974,600.00
Operating Income 1,325,000.00 531,000.00 1,358,000.00 1,229,000.00
EBT 1,031,000.00 346,000.00 1,160,000.00 950,800.00
Income Tax 402,000.00 149,000.00 385,000.00 230,100.00
Net Income Including Non-Controlling Interests 629,000.00 197,000.00 775,000.00 720,700.00
Net Income Non-Controlling Interests -87,000.00 -87,000.00 -92,000.00 -83,000.00
Net Income 542,000.00 110,000.00 683,000.00 637,700.00
EBIT 1,448,000.00 735,000.00 1,519,000.00 1,234,400.00
Deprecation and Amortization 494,000.00 1,175,000.00 513,000.00 541,800.00
EBITDA 1,942,000.00 1,910,000.00 2,032,000.00 1,776,200.00
EPS 0.00 0.00 0.00 0.00
Diluted EPS 0.00 0.00 0.00 0.00
Average Shares Outstanding Basic 215,400.00 214,420.00 219,580.00 238,820.00
Average Shares Outstanding Diluted 219,400.00 218,800.00 223,280.00 243,060.00
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow 1,408,000.00 1,238,000.00 701,000.00 2,029,000.00
   Operating Net Income 629,000.00 197,000.00 775,000.00 720,700.00
   Deprecation and Amortization 0 0 0 0
   Deferred Income Tax 402,000.00 149,000.00 385,000.00 230,100.00
   Share Based Compensation 109,000.00 140,000.00 122,000.00 99,600.00
   Change in Working Capital 185,000.00 -260,000.00 -847,000.00 702,000.00
   Other Operating Activities 83,000.00 1,012,000.00 266,000.00 276,600.00
Investing Cash Flow 278,000.00 -380,000.00 -409,000.00 -638,400.00
   Capital Expenditure 0 0 0 0
   Net Purchase/Sale of PPE -168,000.00 -172,000.00 -196,000.00 -254,500.00
   Net Purchase/Sale of Investments Net 646,000.00 100,000.00 50,000.00 51,900.00
   Net Purchase/Sale of Business -246,000.00 -268,000.00 -248,000.00 -405,900.00
   Other Investing Activities 46,000.00 -40,000.00 -15,000.00 -29,900.00
Financing Cash Flow -989,000.00 -904,000.00 -1,911,000.00 -2,057,000.00
   Net Issuance/Repayment of Debt -41,000.00 -95,000.00 -221,000.00 -397,100.00
   Net Issuance/Repurchase of Equity -80,000.00 -53,000.00 -861,000.00 -814,100.00
   Dividends Paid -425,000.00 -423,000.00 -365,000.00 -314,700.00
   Other Financing Activities -443,000.00 -333,000.00 -464,000.00 -531,100.00
Net Change in Cash 697,000.00 -46,000.00 -1,619,000.00 -666,400.00
   Cash at Beginning of Period 1,860,000.00 1,986,000.00 3,541,000.00 4,337,100.00
   Cash at End of Period 2,467,000.00 1,860,000.00 1,986,000.00 3,540,600.00
Free Cash Flow 1,172,000.00 1,021,000.00 477,000.00 1,735,900.00
Breakdown 2025-06-30 2024-12-31 2024-06-30
Assets 23,394,000.00 25,509,000.00 25,813,000.00
   Current Assets 11,851,000.00 13,661,000.00 13,375,000.00
      Cash and Short-Term Investments 1,437,000.00 2,638,000.00 2,128,000.00
            Cash and Cash Equivalents 1,437,000.00 2,638,000.00 2,128,000.00
            Short-Term Investments 0 0 0
      Net Receivables 0 0 0
      Inventory 0 0 0
      Other Current Assets 10,414,000.00 11,023,000.00 11,247,000.00
   Non-Current Assets 11,543,000.00 11,848,000.00 12,438,000.00
      Property, Plant, Equipment Net 2,237,000.00 2,294,000.00 2,147,000.00
      Goodwill 7,348,000.00 7,610,000.00 8,345,000.00
      Intangible Assets 726,000.00 737,000.00 793,000.00
      Long-Term Investments 0 0 0
      Non-Current Deferred Assets 0 0 0
      Other Non-Current Assets 1,232,000.00 1,207,000.00 1,153,000.00
Liabilities 19,986,000.00 21,775,000.00 21,855,000.00
   Current Liabilities 13,760,000.00 15,516,000.00 14,988,000.00
      Payables and Expenses 0 0 0
            Account Payables 11,067,000.00 10,637,000.00 11,912,000.00
            Current Accrued Liabilities 0 0 0
      Short-Term Debt 1,158,000.00 824,000.00 1,464,000.00
      Other Current Liabilities 12,602,000.00 14,692,000.00 13,524,000.00
   Non-Current Liabilities 6,226,000.00 6,259,000.00 6,867,000.00
      Long-Term Debt 5,596,000.00 5,524,000.00 6,078,000.00
      Other Non-Current Liabilities 630,000.00 735,000.00 789,000.00
Equity 3,408,000.00 3,734,000.00 3,958,000.00
   Shareholders Equity 3,164,000.00 3,475,000.00 3,497,000.00
      Capital Stock 109,000.00 109,000.00 114,000.00
      Share Premium 579,000.00 579,000.00 577,000.00
      Retained Earnings 2,824,000.00 2,827,000.00 3,608,000.00
      Treasury Shares 208,000.00 191,000.00 940,000.00
      Accumulated Other Comprehensive Income 0 0 0
   Minority Interest 244,000.00 259,000.00 461,000.00
Debt 6,754,000.00 6,348,000.00 7,542,000.00
Net Debt 3,344,000.00 1,690,000.00 3,371,000.00
Common Shares Outstanding 1,078,762.59 1,078,762.59 1,078,063.84
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