View ValuationDöhler 将来の成長Future 基準チェック /06現在、 Döhler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0.6%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 updatesNew Risk • May 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Brazilian stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 71% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (R$434.6m market cap, or US$86.1m).お知らせ • May 06Döhler S.A. announces Annual dividend, payable on June 30, 2026Döhler S.A. announced Annual dividend of BRL 0.0363 per share payable on June 30, 2026, ex-date on May 07, 2026 and record date on May 06, 2026.New Risk • Apr 10New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 490% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 71% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (R$430.2m market cap, or US$85.9m).Reported Earnings • Mar 27Full year 2025 earnings released: EPS: R$0.14 (vs R$0.20 loss in FY 2024)Full year 2025 results: EPS: R$0.14 (up from R$0.20 loss in FY 2024). Revenue: R$623.1m (flat on FY 2024). Net income: R$10.2m (up R$25.6m from FY 2024). Profit margin: 1.6% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • Mar 24Döhler S.A., Annual General Meeting, Apr 28, 2026Döhler S.A., Annual General Meeting, Apr 28, 2026. Location: rua arno w. dohler 145, city of joinville, state of santa catarina, joinville BrazilNew Risk • Dec 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 162% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 66% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (R$433.1m market cap, or US$80.9m).Reported Earnings • Nov 20Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: R$168.9m (down 4.5% from 3Q 2024). Net income: R$1.73m (up R$5.69m from 3Q 2024). Profit margin: 1.0% (up from net loss in 3Q 2024). 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 71 percentage points per year, which is a significant difference in performance.お知らせ • May 30Döhler S.A. announces Annual dividendDöhler S.A. announced Annual dividend of BRL 0.0110 per share, ex-date on June 17, 2025 and record date on June 16, 2025.Reported Earnings • May 17First quarter 2025 earnings released: EPS: R$0.016 (vs R$0.13 loss in 1Q 2024)First quarter 2025 results: EPS: R$0.016 (up from R$0.13 loss in 1Q 2024). Revenue: R$149.8m (up 8.9% from 1Q 2024). Net income: R$1.25m (up R$11.2m from 1Q 2024). Profit margin: 0.8% (up from net loss in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 31Full year 2024 earnings releasedFull year 2024 results: Revenue: R$627.6m (up 1.5% from FY 2023). Net loss: R$15.4m (down R$15.8m from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 126 percentage points per year, which is a significant difference in performance.お知らせ • Mar 28Döhler S.A., Annual General Meeting, Apr 30, 2025Döhler S.A., Annual General Meeting, Apr 30, 2025. Location: arno w. dohler street, 145, joinville, santa catarina., joinville BrazilReported Earnings • Nov 17Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: R$176.8m (up 34% from 3Q 2023). Net loss: R$3.97m (down R$4.18m from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 125 percentage points per year, which is a significant difference in performance.New Risk • Oct 29New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: R$519.7m (US$90.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 28% per year over the past 5 years. Minor Risk Market cap is less than US$100m (R$519.7m market cap, or US$90.2m).Reported Earnings • Aug 15Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: R$155.1m (up 1.2% from 2Q 2023). Net loss: R$6.25m (loss narrowed 52% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance.Reported Earnings • May 18First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: R$137.5m (down 19% from 1Q 2023). Net loss: R$9.93m (down 362% from profit in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 01Full year 2023 earnings releasedFull year 2023 results: Revenue: R$618.1m (down 2.7% from FY 2022). Net income: R$467.0k (down 87% from FY 2022). Profit margin: 0.1% (down from 0.5% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 17Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: R$131.8m (down 25% from 3Q 2022). Net income: R$208.0k (up 43% from 3Q 2022). Profit margin: 0.2% (up from 0.1% in 3Q 2022). The increase in margin was driven by lower expenses.New Risk • Oct 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: R$500.9m (US$97.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.2% per year over the past 5 years. Minor Risk Market cap is less than US$100m (R$500.9m market cap, or US$97.2m).New Risk • Aug 14New major risk - Revenue and earnings growthEarnings have declined by 2.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 13Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: R$149.1m (flat on 2Q 2022). Net loss: R$3.38m (flat on 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Reported Earnings • May 12First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: R$170.5m (up 10% from 1Q 2022). Net income: R$3.79m (down 47% from 1Q 2022). Profit margin: 2.2% (down from 4.6% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • Apr 01Full year 2022 earnings releasedFull year 2022 results: Revenue: R$635.5m (down 5.8% from FY 2021). Net income: R$3.48m (down 96% from FY 2021). Profit margin: 0.5% (down from 12% in FY 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.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 (6 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.Upcoming Dividend • May 03Upcoming dividend of R$0.13 per shareEligible shareholders must have bought the stock before 10 May 2022. Payment date: 31 December 2022. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 5.3%. Lower than top quartile of Brazilian dividend payers (6.6%). Higher than average of industry peers (2.4%).Board Change • Apr 27No 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 (6 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 • Nov 11Third quarter 2021 earnings releasedThe company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: R$194.9m (up 22% from 3Q 2020). Net income: R$28.6m (up 43% from 3Q 2020). Profit margin: 15% (up from 13% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improved over the past weekAfter last week's 15% share price gain to R$6.54, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 21x in the Luxury industry in Brazil. Total returns to shareholders of 48% over the past three years.Reported Earnings • Apr 01Full year 2020 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: R$521.9m (up 4.5% from FY 2019). Net income: R$84.0m (up 164% from FY 2019). Profit margin: 16% (up from 6.4% in FY 2019). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Is New 90 Day High Low • Feb 23New 90-day low: R$4.96The company is down 2.0% from its price of R$5.06 on 24 November 2020. The Brazilian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Luxury industry, which is also down 2.0% over the same period.Is New 90 Day High Low • Jan 09New 90-day high: R$6.22The company is up 29% from its price of R$4.82 on 09 October 2020. The Brazilian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 3.0% over the same period.Is New 90 Day High Low • Nov 28New 90-day high: R$6.07The company is up 17% from its price of R$5.17 on 28 August 2020. The Brazilian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 9.0% over the same period.Valuation Update With 7 Day Price Move • Nov 28Market bids up stock over the past weekAfter last week's 22% share price gain to R$6.07, the stock is trading at a trailing P/E ratio of 13.1x, up from the previous P/E ratio of 10.7x. This compares to an average P/E of 53x in the Luxury industry in Brazil. Total returns to shareholders over the past three years are 58%.Is New 90 Day High Low • Oct 29New 90-day low: R$4.77The company is down 16% from its price of R$5.70 on 31 July 2020. The Brazilian market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 16% 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、Döhler 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:DOHL4 - 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12/31/2025623103563N/A9/30/202561552854N/A6/30/20256230829N/A3/31/2025640-41232N/A12/31/2024628-15525N/A9/30/2024632-11-156N/A6/30/2024587-7-31-12N/A3/31/2024585-13-46-29N/A12/31/202361801531N/A9/30/2023611-9622N/A6/30/2023655-91229N/A3/31/202365102242N/A12/31/20226363-52-24N/A9/30/202264022-39-2N/A6/30/202265950-648N/A3/31/202267968-57-3N/A12/31/202167477-468N/A9/30/2021687136-3710N/A6/30/2021652127-39-12N/A3/31/20215731031841N/A12/31/2020523842439N/A9/30/2020479355060N/A6/30/2020456195162N/A3/31/2020479263445N/A12/31/2019500323847N/A9/30/201949411N/A24N/A6/30/201948833N/A7N/A3/31/201948043N/A19N/A12/31/201848150N/A19N/A9/30/201847755N/A27N/A6/30/201847138N/A32N/A3/31/201847238N/A23N/A12/31/201746034N/A13N/A9/30/201745027N/A22N/A6/30/201743724N/A44N/A3/31/201743620N/A41N/A12/31/201642915N/A48N/A9/30/201642612N/A41N/A6/30/201641916N/A20N/A3/31/201640218N/A19N/A12/31/201539828N/A17N/A9/30/201539037N/A24N/A6/30/201538838N/A29N/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: DOHL4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: DOHL4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: DOHL4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: DOHL4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: DOHL4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: DOHL4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2026/05/21 19:54終値2026/05/20 00:00収益2025/12/31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Döhler 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
New Risk • May 20New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Brazilian stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 71% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (R$434.6m market cap, or US$86.1m).
お知らせ • May 06Döhler S.A. announces Annual dividend, payable on June 30, 2026Döhler S.A. announced Annual dividend of BRL 0.0363 per share payable on June 30, 2026, ex-date on May 07, 2026 and record date on May 06, 2026.
New Risk • Apr 10New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 490% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 71% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (R$430.2m market cap, or US$85.9m).
Reported Earnings • Mar 27Full year 2025 earnings released: EPS: R$0.14 (vs R$0.20 loss in FY 2024)Full year 2025 results: EPS: R$0.14 (up from R$0.20 loss in FY 2024). Revenue: R$623.1m (flat on FY 2024). Net income: R$10.2m (up R$25.6m from FY 2024). Profit margin: 1.6% (up from net loss in FY 2024). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • Mar 24Döhler S.A., Annual General Meeting, Apr 28, 2026Döhler S.A., Annual General Meeting, Apr 28, 2026. Location: rua arno w. dohler 145, city of joinville, state of santa catarina, joinville Brazil
New Risk • Dec 02New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 162% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 66% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (R$433.1m market cap, or US$80.9m).
Reported Earnings • Nov 20Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: R$168.9m (down 4.5% from 3Q 2024). Net income: R$1.73m (up R$5.69m from 3Q 2024). Profit margin: 1.0% (up from net loss in 3Q 2024). 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 71 percentage points per year, which is a significant difference in performance.
お知らせ • May 30Döhler S.A. announces Annual dividendDöhler S.A. announced Annual dividend of BRL 0.0110 per share, ex-date on June 17, 2025 and record date on June 16, 2025.
Reported Earnings • May 17First quarter 2025 earnings released: EPS: R$0.016 (vs R$0.13 loss in 1Q 2024)First quarter 2025 results: EPS: R$0.016 (up from R$0.13 loss in 1Q 2024). Revenue: R$149.8m (up 8.9% from 1Q 2024). Net income: R$1.25m (up R$11.2m from 1Q 2024). Profit margin: 0.8% (up from net loss in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 31Full year 2024 earnings releasedFull year 2024 results: Revenue: R$627.6m (up 1.5% from FY 2023). Net loss: R$15.4m (down R$15.8m from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 126 percentage points per year, which is a significant difference in performance.
お知らせ • Mar 28Döhler S.A., Annual General Meeting, Apr 30, 2025Döhler S.A., Annual General Meeting, Apr 30, 2025. Location: arno w. dohler street, 145, joinville, santa catarina., joinville Brazil
Reported Earnings • Nov 17Third quarter 2024 earnings releasedThird quarter 2024 results: Revenue: R$176.8m (up 34% from 3Q 2023). Net loss: R$3.97m (down R$4.18m from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 125 percentage points per year, which is a significant difference in performance.
New Risk • Oct 29New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: R$519.7m (US$90.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 28% per year over the past 5 years. Minor Risk Market cap is less than US$100m (R$519.7m market cap, or US$90.2m).
Reported Earnings • Aug 15Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: R$155.1m (up 1.2% from 2Q 2023). Net loss: R$6.25m (loss narrowed 52% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 115 percentage points per year, which is a significant difference in performance.
Reported Earnings • May 18First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: R$137.5m (down 19% from 1Q 2023). Net loss: R$9.93m (down 362% from profit in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 01Full year 2023 earnings releasedFull year 2023 results: Revenue: R$618.1m (down 2.7% from FY 2022). Net income: R$467.0k (down 87% from FY 2022). Profit margin: 0.1% (down from 0.5% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 17Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: R$131.8m (down 25% from 3Q 2022). Net income: R$208.0k (up 43% from 3Q 2022). Profit margin: 0.2% (up from 0.1% in 3Q 2022). The increase in margin was driven by lower expenses.
New Risk • Oct 05New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: R$500.9m (US$97.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.2% per year over the past 5 years. Minor Risk Market cap is less than US$100m (R$500.9m market cap, or US$97.2m).
New Risk • Aug 14New major risk - Revenue and earnings growthEarnings have declined by 2.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 13Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: R$149.1m (flat on 2Q 2022). Net loss: R$3.38m (flat on 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Reported Earnings • May 12First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: R$170.5m (up 10% from 1Q 2022). Net income: R$3.79m (down 47% from 1Q 2022). Profit margin: 2.2% (down from 4.6% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 01Full year 2022 earnings releasedFull year 2022 results: Revenue: R$635.5m (down 5.8% from FY 2021). Net income: R$3.48m (down 96% from FY 2021). Profit margin: 0.5% (down from 12% in FY 2021). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
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 (6 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.
Upcoming Dividend • May 03Upcoming dividend of R$0.13 per shareEligible shareholders must have bought the stock before 10 May 2022. Payment date: 31 December 2022. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 5.3%. Lower than top quartile of Brazilian dividend payers (6.6%). Higher than average of industry peers (2.4%).
Board Change • Apr 27No 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 (6 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 • Nov 11Third quarter 2021 earnings releasedThe company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: R$194.9m (up 22% from 3Q 2020). Net income: R$28.6m (up 43% from 3Q 2020). Profit margin: 15% (up from 13% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Sep 28Investor sentiment improved over the past weekAfter last week's 15% share price gain to R$6.54, the stock trades at a trailing P/E ratio of 3.9x. Average trailing P/E is 21x in the Luxury industry in Brazil. Total returns to shareholders of 48% over the past three years.
Reported Earnings • Apr 01Full year 2020 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: R$521.9m (up 4.5% from FY 2019). Net income: R$84.0m (up 164% from FY 2019). Profit margin: 16% (up from 6.4% in FY 2019). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Is New 90 Day High Low • Feb 23New 90-day low: R$4.96The company is down 2.0% from its price of R$5.06 on 24 November 2020. The Brazilian market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Luxury industry, which is also down 2.0% over the same period.
Is New 90 Day High Low • Jan 09New 90-day high: R$6.22The company is up 29% from its price of R$4.82 on 09 October 2020. The Brazilian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 3.0% over the same period.
Is New 90 Day High Low • Nov 28New 90-day high: R$6.07The company is up 17% from its price of R$5.17 on 28 August 2020. The Brazilian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 9.0% over the same period.
Valuation Update With 7 Day Price Move • Nov 28Market bids up stock over the past weekAfter last week's 22% share price gain to R$6.07, the stock is trading at a trailing P/E ratio of 13.1x, up from the previous P/E ratio of 10.7x. This compares to an average P/E of 53x in the Luxury industry in Brazil. Total returns to shareholders over the past three years are 58%.
Is New 90 Day High Low • Oct 29New 90-day low: R$4.77The company is down 16% from its price of R$5.70 on 31 July 2020. The Brazilian market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 16% over the same period.