View ValuationKarsten 将来の成長Future 基準チェック /06現在、 Karstenの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Luxury 収益成長0.4%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesReported Earnings • May 19First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: R$157.5m (up 2.9% from 1Q 2025). Net income: R$4.08m (down 69% from 1Q 2025). Profit margin: 2.6% (down from 8.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 54% per year and the company’s share price has also increased by 54% per year.お知らせ • Apr 09Karsten S.A., Annual General Meeting, Apr 30, 2026Karsten S.A., Annual General Meeting, Apr 30, 2026. Location: parcially remotely / rua johann karsten, n. 260, bairro testo salto, city of blumenau, state of santa catarina., blumenau BrazilReported Earnings • Mar 31Full year 2025 earnings released: EPS: R$11.37 (vs R$19.08 in FY 2024)Full year 2025 results: EPS: R$11.37 (down from R$19.08 in FY 2024). Revenue: R$759.0m (up 8.6% from FY 2024). Net income: R$70.5m (down 40% from FY 2024). Profit margin: 9.3% (down from 17% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Mar 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to R$41.90, the stock trades at a trailing P/E ratio of 2.4x. Average trailing P/E is 7x in the Luxury industry in Brazil. Total returns to shareholders of 500% over the past three years.Reported Earnings • Nov 19Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: R$192.0m (up 12% from 3Q 2024). Net income: R$18.4m (down 31% from 3Q 2024). Profit margin: 9.6% (down from 16% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 14Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: R$189.2m (up 12% from 2Q 2024). Net income: R$16.9m (down 7.9% from 2Q 2024). Profit margin: 9.0% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 17First quarter 2025 earnings released: EPS: R$2.11 (vs R$1.83 in 1Q 2024)First quarter 2025 results: EPS: R$2.11 (up from R$1.83 in 1Q 2024). Revenue: R$153.1m (up 9.7% from 1Q 2024). Net income: R$13.1m (up 15% from 1Q 2024). Profit margin: 8.5% (up from 8.1% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 01Karsten S.A., Annual General Meeting, Apr 30, 2025Karsten S.A., Annual General Meeting, Apr 30, 2025.Reported Earnings • Mar 31Full year 2024 earnings releasedFull year 2024 results: Revenue: R$699.1m (up 4.7% from FY 2023). Net income: R$118.4m (up 181% from FY 2023). Profit margin: 17% (up from 6.3% in FY 2023). The increase in margin was primarily driven by lower expenses.Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to R$28.50, the stock trades at a trailing P/E ratio of 2.6x. Average trailing P/E is 9x in the Luxury industry in Brazil. Total returns to shareholders of 144% over the past three years.Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to R$27.50, the stock trades at a trailing P/E ratio of 2.5x. Average trailing P/E is 8x in the Luxury industry in Brazil. Total returns to shareholders of 153% over the past three years.Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improves as stock rises 16%After last week's 16% share price gain to R$22.00, the stock trades at a trailing P/E ratio of 2x. Average trailing P/E is 8x in the Luxury industry in Brazil. Total returns to shareholders of 41% over the past three years.Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: R$4.28 (vs R$1.53 in 3Q 2023)Third quarter 2024 results: EPS: R$4.28 (up from R$1.53 in 3Q 2023). Revenue: R$171.9m (up 17% from 3Q 2023). Net income: R$26.6m (up 179% from 3Q 2023). Profit margin: 16% (up from 6.5% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: R$2.96 (vs R$1.87 in 2Q 2023)Second quarter 2024 results: EPS: R$2.96 (up from R$1.87 in 2Q 2023). Revenue: R$168.8m (up 12% from 2Q 2023). Net income: R$18.4m (up 58% from 2Q 2023). Profit margin: 11% (up from 7.7% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 13% per year.Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to R$19.00, the stock trades at a trailing P/E ratio of 2.7x. Average trailing P/E is 9x in the Luxury industry in Brazil. Total loss to shareholders of 33% over the past three years.Valuation Update With 7 Day Price Move • Jul 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to R$19.70, the stock trades at a trailing P/E ratio of 2.8x. Average trailing P/E is 9x in the Luxury industry in Brazil. Total loss to shareholders of 24% over the past three years.New Risk • May 18New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-R$102m). Minor Risk Market cap is less than US$100m (R$118.9m market cap, or US$23.3m).Valuation Update With 7 Day Price Move • Apr 02Investor sentiment improves as stock rises 24%After last week's 24% share price gain to R$21.64, the stock trades at a trailing P/E ratio of 3.2x. Average trailing P/E is 10x in the Luxury industry in Brazil. Total returns to shareholders of 2.0% over the past three years.New Risk • Mar 28New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Share price has been highly volatile over the past 3 months (8.5% average weekly change). Negative equity (-R$113m). Minor Risk Market cap is less than US$100m (R$107.0m market cap, or US$21.5m).Reported Earnings • Mar 28Full year 2023 earnings released: EPS: R$6.80 (vs R$3.41 loss in FY 2022)Full year 2023 results: EPS: R$6.80 (up from R$3.41 loss in FY 2022). Revenue: R$667.9m (up 9.0% from FY 2022). Net income: R$42.2m (up R$63.3m from FY 2022). Profit margin: 6.3% (up from net loss in FY 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to R$21.00, the stock trades at a trailing P/E ratio of 3.4x. Average trailing P/E is 9x in the Luxury industry in Brazil. Total returns to shareholders of 5.8% over the past three years.Reported Earnings • Nov 19Third quarter 2023 earnings released: EPS: R$1.53 (vs R$0.063 loss in 3Q 2022)Third quarter 2023 results: EPS: R$1.53 (up from R$0.063 loss in 3Q 2022). Revenue: R$147.2m (down 7.5% from 3Q 2022). Net income: R$9.52m (up R$9.91m from 3Q 2022). Profit margin: 6.5% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improves as stock rises 19%After last week's 19% share price gain to R$18.01, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 9x in the Luxury industry in Brazil. Total returns to shareholders of 9.2% over the past three years.Valuation Update With 7 Day Price Move • Oct 27Investor sentiment improves as stock rises 23%After last week's 23% share price gain to R$15.40, the stock trades at a trailing P/E ratio of 3.4x. Average trailing P/E is 9x in the Luxury industry in Brazil. Total returns to shareholders of 33% over the past three years.Valuation Update With 7 Day Price Move • Sep 11Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to R$11.09, the stock trades at a trailing P/E ratio of 2.4x. Average trailing P/E is 10x in the Luxury industry in Brazil. Total loss to shareholders of 6.7% over the past three years.Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: R$1.00 (vs R$1.74 loss in 2Q 2022)Second quarter 2023 results: EPS: R$1.00 (up from R$1.74 loss in 2Q 2022). Revenue: R$151.4m (up 9.8% from 2Q 2022). Net income: R$11.6m (up R$22.4m from 2Q 2022). Profit margin: 7.7% (up from net loss in 2Q 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Aug 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to R$12.17, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 12x in the Luxury industry in Brazil. Total returns to shareholders of 7.7% over the past three years.Valuation Update With 7 Day Price Move • Jul 13Investor sentiment improves as stock rises 20%After last week's 20% share price gain to R$11.40, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 12x in the Luxury industry in Brazil. Total loss to shareholders of 3.3% over the past three years.Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 22%After last week's 22% share price gain to R$8.90, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 10x in the Luxury industry in Brazil. Total returns to shareholders of 20% over the past three years.Reported Earnings • May 18First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: R$150.1m (up 9.3% from 1Q 2022). Net income: R$9.80m (up R$27.2m from 1Q 2022). Profit margin: 6.5% (up from net loss in 1Q 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.Reported Earnings • Mar 30Full year 2022 earnings released: R$3.41 loss per share (vs R$9.26 profit in FY 2021)Full year 2022 results: R$3.41 loss per share (down from R$9.26 profit in FY 2021). Revenue: R$612.6m (up 11% from FY 2021). Net loss: R$21.1m (down 137% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Board Change • Mar 21No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Board Change • Jan 04No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Board Change • Apr 26No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.Reported Earnings • Mar 31Full year 2021 earnings releasedFull year 2021 results: Revenue: R$549.7m (up 45% from FY 2020). Net income: R$57.5m (down 29% from FY 2020). Profit margin: 11% (down from 21% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 63% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improved over the past weekAfter last week's 35% share price gain to R$19.52, the stock trades at a trailing P/E ratio of 2.3x. Average trailing P/E is 14x in the Luxury industry in Brazil. Total returns to shareholders of 518% over the past three years.Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS R$1.43 (vs R$0.66 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: R$125.2m (up 124% from 2Q 2020). Net income: R$16.6m (up R$20.7m from 2Q 2020). Profit margin: 13% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has increased by 118% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to R$32.50, the stock trades at a trailing P/E ratio of 2.7x. Average trailing P/E is 26x in the Luxury industry in Brazil. Total returns to shareholders of 1,082% over the past three years.Valuation Update With 7 Day Price Move • May 05Investor sentiment improved over the past weekAfter last week's 28% share price gain to R$26.23, the stock trades at a trailing P/E ratio of 2x. Average trailing P/E is 19x in the Luxury industry in Brazil. Total returns to shareholders of 631% over the past three years.Reported Earnings • Apr 02Full year 2020 earnings released: EPS R$12.97 (vs R$2.00 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: R$380.2m (up 13% from FY 2019). Net income: R$80.5m (up R$92.9m from FY 2019). Profit margin: 21% (up from net loss in FY 2019). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 73% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Dec 08New 90-day high: R$25.43The company is up 117% from its price of R$11.70 on 08 September 2020. The Brazilian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 4.0% over the same period.Valuation Update With 7 Day Price Move • Nov 25Market bids up stock over the past weekAfter last week's 33% share price gain to R$22.99, the stock is trading at a trailing P/E ratio of 3.2x, up from the previous P/E ratio of 2.4x. This compares to an average P/E of 50x in the Luxury industry in Brazil. Total returns to shareholders over the past three years are 584%.Valuation Update With 7 Day Price Move • Nov 18Market bids up stock over the past weekAfter last week's 27% share price gain to R$16.00, the stock is trading at a trailing P/E ratio of 2.2x, up from the previous P/E ratio of 1.8x. This compares to an average P/E of 78x in the Luxury industry in Brazil. Total returns to shareholders over the past three years are 379%.Is New 90 Day High Low • Nov 18New 90-day high: R$16.00The company is up 41% from its price of R$11.37 on 20 August 2020. The Brazilian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 13% over the same period.Is New 90 Day High Low • Oct 01New 90-day high: R$13.18The company is up 12% from its price of R$11.80 on 03 July 2020. The Brazilian market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 7.0% over the same period. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Karsten は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測BOVESPA:CTKA4 - アナリストの将来予測と過去の財務データ ( )BRL Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2026763624054N/A12/31/2025759713958N/A9/30/20257531116086N/A6/30/202573311960101N/A3/31/202571312073109N/A12/31/202469911892126N/A9/30/2024699687498N/A6/30/2024675518396N/A3/31/202465744102112N/A12/31/202366842116129N/A9/30/202362738120134N/A6/30/20236392898115N/A3/31/2023625682102N/A12/31/2022613-212449N/A9/30/2022614-15-272N/A6/30/20225984-45-7N/A3/31/202258531-51-13N/A12/31/202155057-43-6N/A9/30/202149953-1723N/A6/30/202147296-1414N/A3/31/202140376-125N/A12/31/2020380813252N/A9/30/20203641354960N/A6/30/2020329455565N/A3/31/2020350222536N/A12/31/2019337-12N/A40N/A9/30/2019323-81N/A35N/A6/30/2019328-71N/A25N/A3/31/2019319-53N/A-16N/A12/31/2018317-53N/A24N/A9/30/2018321-54N/A3N/A6/30/2018305-31N/A43N/A3/31/2018304-45N/A97N/A12/31/2017310-1N/A47N/A9/30/2017301-20N/A67N/A6/30/2017307-49N/A30N/A3/31/2017312-58N/A16N/A12/31/2016311-97N/A10N/A9/30/2016301-82N/A2N/A6/30/2016284-75N/A14N/A3/31/2016281-53N/A37N/A12/31/2015263-50N/A39N/A9/30/2015271-110N/A49N/A6/30/2015300-107N/A42N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: CTKA4の予測収益成長が 貯蓄率 ( 12.4% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: CTKA4の収益がBR市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: CTKA4の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: CTKA4の収益がBR市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: CTKA4の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: CTKA4の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YConsumer-durables 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 07:42終値2026/05/21 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Karsten S.A. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Reported Earnings • May 19First quarter 2026 earnings releasedFirst quarter 2026 results: Revenue: R$157.5m (up 2.9% from 1Q 2025). Net income: R$4.08m (down 69% from 1Q 2025). Profit margin: 2.6% (down from 8.5% in 1Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 54% per year and the company’s share price has also increased by 54% per year.
お知らせ • Apr 09Karsten S.A., Annual General Meeting, Apr 30, 2026Karsten S.A., Annual General Meeting, Apr 30, 2026. Location: parcially remotely / rua johann karsten, n. 260, bairro testo salto, city of blumenau, state of santa catarina., blumenau Brazil
Reported Earnings • Mar 31Full year 2025 earnings released: EPS: R$11.37 (vs R$19.08 in FY 2024)Full year 2025 results: EPS: R$11.37 (down from R$19.08 in FY 2024). Revenue: R$759.0m (up 8.6% from FY 2024). Net income: R$70.5m (down 40% from FY 2024). Profit margin: 9.3% (down from 17% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Mar 02Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to R$41.90, the stock trades at a trailing P/E ratio of 2.4x. Average trailing P/E is 7x in the Luxury industry in Brazil. Total returns to shareholders of 500% over the past three years.
Reported Earnings • Nov 19Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: R$192.0m (up 12% from 3Q 2024). Net income: R$18.4m (down 31% from 3Q 2024). Profit margin: 9.6% (down from 16% in 3Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 65% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 14Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: R$189.2m (up 12% from 2Q 2024). Net income: R$16.9m (down 7.9% from 2Q 2024). Profit margin: 9.0% (down from 11% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 17First quarter 2025 earnings released: EPS: R$2.11 (vs R$1.83 in 1Q 2024)First quarter 2025 results: EPS: R$2.11 (up from R$1.83 in 1Q 2024). Revenue: R$153.1m (up 9.7% from 1Q 2024). Net income: R$13.1m (up 15% from 1Q 2024). Profit margin: 8.5% (up from 8.1% in 1Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 01Karsten S.A., Annual General Meeting, Apr 30, 2025Karsten S.A., Annual General Meeting, Apr 30, 2025.
Reported Earnings • Mar 31Full year 2024 earnings releasedFull year 2024 results: Revenue: R$699.1m (up 4.7% from FY 2023). Net income: R$118.4m (up 181% from FY 2023). Profit margin: 17% (up from 6.3% in FY 2023). The increase in margin was primarily driven by lower expenses.
Valuation Update With 7 Day Price Move • Mar 20Investor sentiment improves as stock rises 16%After last week's 16% share price gain to R$28.50, the stock trades at a trailing P/E ratio of 2.6x. Average trailing P/E is 9x in the Luxury industry in Brazil. Total returns to shareholders of 144% over the past three years.
Valuation Update With 7 Day Price Move • Feb 20Investor sentiment improves as stock rises 17%After last week's 17% share price gain to R$27.50, the stock trades at a trailing P/E ratio of 2.5x. Average trailing P/E is 8x in the Luxury industry in Brazil. Total returns to shareholders of 153% over the past three years.
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment improves as stock rises 16%After last week's 16% share price gain to R$22.00, the stock trades at a trailing P/E ratio of 2x. Average trailing P/E is 8x in the Luxury industry in Brazil. Total returns to shareholders of 41% over the past three years.
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: R$4.28 (vs R$1.53 in 3Q 2023)Third quarter 2024 results: EPS: R$4.28 (up from R$1.53 in 3Q 2023). Revenue: R$171.9m (up 17% from 3Q 2023). Net income: R$26.6m (up 179% from 3Q 2023). Profit margin: 16% (up from 6.5% in 3Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Aug 17Second quarter 2024 earnings released: EPS: R$2.96 (vs R$1.87 in 2Q 2023)Second quarter 2024 results: EPS: R$2.96 (up from R$1.87 in 2Q 2023). Revenue: R$168.8m (up 12% from 2Q 2023). Net income: R$18.4m (up 58% from 2Q 2023). Profit margin: 11% (up from 7.7% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 13% per year.
Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to R$19.00, the stock trades at a trailing P/E ratio of 2.7x. Average trailing P/E is 9x in the Luxury industry in Brazil. Total loss to shareholders of 33% over the past three years.
Valuation Update With 7 Day Price Move • Jul 09Investor sentiment improves as stock rises 16%After last week's 16% share price gain to R$19.70, the stock trades at a trailing P/E ratio of 2.8x. Average trailing P/E is 9x in the Luxury industry in Brazil. Total loss to shareholders of 24% over the past three years.
New Risk • May 18New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Share price has been highly volatile over the past 3 months (12% average weekly change). Negative equity (-R$102m). Minor Risk Market cap is less than US$100m (R$118.9m market cap, or US$23.3m).
Valuation Update With 7 Day Price Move • Apr 02Investor sentiment improves as stock rises 24%After last week's 24% share price gain to R$21.64, the stock trades at a trailing P/E ratio of 3.2x. Average trailing P/E is 10x in the Luxury industry in Brazil. Total returns to shareholders of 2.0% over the past three years.
New Risk • Mar 28New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Share price has been highly volatile over the past 3 months (8.5% average weekly change). Negative equity (-R$113m). Minor Risk Market cap is less than US$100m (R$107.0m market cap, or US$21.5m).
Reported Earnings • Mar 28Full year 2023 earnings released: EPS: R$6.80 (vs R$3.41 loss in FY 2022)Full year 2023 results: EPS: R$6.80 (up from R$3.41 loss in FY 2022). Revenue: R$667.9m (up 9.0% from FY 2022). Net income: R$42.2m (up R$63.3m from FY 2022). Profit margin: 6.3% (up from net loss in FY 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings.
Valuation Update With 7 Day Price Move • Dec 04Investor sentiment improves as stock rises 17%After last week's 17% share price gain to R$21.00, the stock trades at a trailing P/E ratio of 3.4x. Average trailing P/E is 9x in the Luxury industry in Brazil. Total returns to shareholders of 5.8% over the past three years.
Reported Earnings • Nov 19Third quarter 2023 earnings released: EPS: R$1.53 (vs R$0.063 loss in 3Q 2022)Third quarter 2023 results: EPS: R$1.53 (up from R$0.063 loss in 3Q 2022). Revenue: R$147.2m (down 7.5% from 3Q 2022). Net income: R$9.52m (up R$9.91m from 3Q 2022). Profit margin: 6.5% (up from net loss in 3Q 2022). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improves as stock rises 19%After last week's 19% share price gain to R$18.01, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 9x in the Luxury industry in Brazil. Total returns to shareholders of 9.2% over the past three years.
Valuation Update With 7 Day Price Move • Oct 27Investor sentiment improves as stock rises 23%After last week's 23% share price gain to R$15.40, the stock trades at a trailing P/E ratio of 3.4x. Average trailing P/E is 9x in the Luxury industry in Brazil. Total returns to shareholders of 33% over the past three years.
Valuation Update With 7 Day Price Move • Sep 11Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to R$11.09, the stock trades at a trailing P/E ratio of 2.4x. Average trailing P/E is 10x in the Luxury industry in Brazil. Total loss to shareholders of 6.7% over the past three years.
Reported Earnings • Aug 18Second quarter 2023 earnings released: EPS: R$1.00 (vs R$1.74 loss in 2Q 2022)Second quarter 2023 results: EPS: R$1.00 (up from R$1.74 loss in 2Q 2022). Revenue: R$151.4m (up 9.8% from 2Q 2022). Net income: R$11.6m (up R$22.4m from 2Q 2022). Profit margin: 7.7% (up from net loss in 2Q 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Aug 14Investor sentiment improves as stock rises 16%After last week's 16% share price gain to R$12.17, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 12x in the Luxury industry in Brazil. Total returns to shareholders of 7.7% over the past three years.
Valuation Update With 7 Day Price Move • Jul 13Investor sentiment improves as stock rises 20%After last week's 20% share price gain to R$11.40, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 12x in the Luxury industry in Brazil. Total loss to shareholders of 3.3% over the past three years.
Valuation Update With 7 Day Price Move • May 22Investor sentiment improves as stock rises 22%After last week's 22% share price gain to R$8.90, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 10x in the Luxury industry in Brazil. Total returns to shareholders of 20% over the past three years.
Reported Earnings • May 18First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: R$150.1m (up 9.3% from 1Q 2022). Net income: R$9.80m (up R$27.2m from 1Q 2022). Profit margin: 6.5% (up from net loss in 1Q 2022). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings.
Reported Earnings • Mar 30Full year 2022 earnings released: R$3.41 loss per share (vs R$9.26 profit in FY 2021)Full year 2022 results: R$3.41 loss per share (down from R$9.26 profit in FY 2021). Revenue: R$612.6m (up 11% from FY 2021). Net loss: R$21.1m (down 137% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Board Change • Mar 21No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Board Change • Jan 04No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Board Change • Nov 16No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Board Change • Apr 26No independent directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. No independent directors (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment.
Reported Earnings • Mar 31Full year 2021 earnings releasedFull year 2021 results: Revenue: R$549.7m (up 45% from FY 2020). Net income: R$57.5m (down 29% from FY 2020). Profit margin: 11% (down from 21% in FY 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 63% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Dec 08Investor sentiment improved over the past weekAfter last week's 35% share price gain to R$19.52, the stock trades at a trailing P/E ratio of 2.3x. Average trailing P/E is 14x in the Luxury industry in Brazil. Total returns to shareholders of 518% over the past three years.
Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS R$1.43 (vs R$0.66 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: R$125.2m (up 124% from 2Q 2020). Net income: R$16.6m (up R$20.7m from 2Q 2020). Profit margin: 13% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has increased by 118% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Aug 18Investor sentiment improved over the past weekAfter last week's 16% share price gain to R$32.50, the stock trades at a trailing P/E ratio of 2.7x. Average trailing P/E is 26x in the Luxury industry in Brazil. Total returns to shareholders of 1,082% over the past three years.
Valuation Update With 7 Day Price Move • May 05Investor sentiment improved over the past weekAfter last week's 28% share price gain to R$26.23, the stock trades at a trailing P/E ratio of 2x. Average trailing P/E is 19x in the Luxury industry in Brazil. Total returns to shareholders of 631% over the past three years.
Reported Earnings • Apr 02Full year 2020 earnings released: EPS R$12.97 (vs R$2.00 loss in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: R$380.2m (up 13% from FY 2019). Net income: R$80.5m (up R$92.9m from FY 2019). Profit margin: 21% (up from net loss in FY 2019). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 73% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Dec 08New 90-day high: R$25.43The company is up 117% from its price of R$11.70 on 08 September 2020. The Brazilian market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 4.0% over the same period.
Valuation Update With 7 Day Price Move • Nov 25Market bids up stock over the past weekAfter last week's 33% share price gain to R$22.99, the stock is trading at a trailing P/E ratio of 3.2x, up from the previous P/E ratio of 2.4x. This compares to an average P/E of 50x in the Luxury industry in Brazil. Total returns to shareholders over the past three years are 584%.
Valuation Update With 7 Day Price Move • Nov 18Market bids up stock over the past weekAfter last week's 27% share price gain to R$16.00, the stock is trading at a trailing P/E ratio of 2.2x, up from the previous P/E ratio of 1.8x. This compares to an average P/E of 78x in the Luxury industry in Brazil. Total returns to shareholders over the past three years are 379%.
Is New 90 Day High Low • Nov 18New 90-day high: R$16.00The company is up 41% from its price of R$11.37 on 20 August 2020. The Brazilian market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 13% over the same period.
Is New 90 Day High Low • Oct 01New 90-day high: R$13.18The company is up 12% from its price of R$11.80 on 03 July 2020. The Brazilian market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 7.0% over the same period.