View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsAtacadão 将来の成長Future 基準チェック /06Atacadão利益と収益がそれぞれ年間10.9%と5.8%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に8.7% 13%なると予測されています。主要情報10.9%収益成長率13.02%EPS成長率Consumer Retailing 収益成長17.4%収益成長率5.8%将来の株主資本利益率8.71%アナリストカバレッジGood最終更新日31 May 2025今後の成長に関する最新情報Price Target Changed • Jan 30Price target decreased by 9.3% to R$9.09Down from R$10.02, the current price target is an average from 14 analysts. New target price is 45% above last closing price of R$6.28. Stock is down 42% over the past year. The company is forecast to post earnings per share of R$0.48 next year compared to a net loss per share of R$0.38 last year.分析記事 • Nov 03Analyst Estimates: Here's What Brokers Think Of Atacadão S.A. (BVMF:CRFB3) After Its Third-Quarter ReportIt's been a good week for Atacadão S.A. ( BVMF:CRFB3 ) shareholders, because the company has just released its latest...Price Target Changed • Oct 16Price target decreased by 8.2% to R$11.52Down from R$12.56, the current price target is an average from 14 analysts. New target price is 55% above last closing price of R$7.41. Stock is down 18% over the past year. The company is forecast to post earnings per share of R$0.52 next year compared to a net loss per share of R$0.38 last year.Price Target Changed • Oct 10Price target decreased by 7.7% to R$12.25Down from R$13.28, the current price target is an average from 13 analysts. New target price is 63% above last closing price of R$7.53. Stock is down 23% over the past year. The company is forecast to post earnings per share of R$0.53 next year compared to a net loss per share of R$0.38 last year.分析記事 • May 09Atacadão S.A. Just Missed EPS By 59%: Here's What Analysts Think Will Happen NextIt's been a good week for Atacadão S.A. ( BVMF:CRFB3 ) shareholders, because the company has just released its latest...分析記事 • Feb 22Atacadão S.A. Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest ForecastsInvestors in Atacadão S.A. ( BVMF:CRFB3 ) had a good week, as its shares rose 8.7% to close at R$12.54 following the...すべての更新を表示Recent updatesお知らせ • Jun 02Atacadão S.A.(BOVESPA:CRFB3) dropped from FTSE All-World Index (USD)Atacadão S.A.(BOVESPA:CRFB3) dropped from FTSE All-World Index (USD)お知らせ • Apr 14Atacadão S.A. to Report Q1, 2025 Results on May 06, 2025Atacadão S.A. announced that they will report Q1, 2025 results After-Market on May 06, 2025お知らせ • Mar 19Atacadão S.A., Annual General Meeting, Apr 17, 2025Atacadão S.A., Annual General Meeting, Apr 17, 2025.お知らせ • Feb 19Atacadão S.A. to Report Q4, 2024 Results on Feb 18, 2025Atacadão S.A. announced that they will report Q4, 2024 results After-Market on Feb 18, 2025新しいナラティブ • Feb 17Digital Expansion And New Services Will Bring In More Customers Expansion in physical and digital operations, along with new services, enhances revenue potential and market share, supporting future margin improvement. お知らせ • Feb 12+ 1 more updateCarrefour to Fully Acquire and Delist Brazilian SubsidiaryCarrefour SA (ENXTPA:CA) has announced its intention to acquire the remaining shares of its Brazilian subsidiary, Atacadão S.A. (BOVESPA:CRFB3) (Grupo Carrefour Brasil), and delist it from the São Paulo Stock Exchange. This strategic move aims to consolidate its leadership in Brazil, enabling more agile operations and a focus on execution. The transaction is expected to be accretive to Carrefour’s earnings per share from the first year and reflects the company’s commitment to Brazil’s market. The offer includes a choice of cash, shares, or a mix for minority shareholders, with the transaction completion anticipated by the second quarter of 2025 subject to shareholder approval.Price Target Changed • Jan 30Price target decreased by 9.3% to R$9.09Down from R$10.02, the current price target is an average from 14 analysts. New target price is 45% above last closing price of R$6.28. Stock is down 42% over the past year. The company is forecast to post earnings per share of R$0.48 next year compared to a net loss per share of R$0.38 last year.分析記事 • Jan 20Atacadão S.A. (BVMF:CRFB3) Investors Are Less Pessimistic Than ExpectedIt's not a stretch to say that Atacadão S.A.'s ( BVMF:CRFB3 ) price-to-sales (or "P/S") ratio of 0.1x right now seems...分析記事 • Nov 08Atacadão's (BVMF:CRFB3) Soft Earnings Are Actually Better Than They AppearThe market was pleased with the recent earnings report from Atacadão S.A. ( BVMF:CRFB3 ), despite the profit numbers...New Risk • Nov 04New 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 6.5% 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 Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Dividend is not well covered by earnings (dividend per share is over 5x earnings per share). Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.02% net profit margin).分析記事 • Nov 03Analyst Estimates: Here's What Brokers Think Of Atacadão S.A. (BVMF:CRFB3) After Its Third-Quarter ReportIt's been a good week for Atacadão S.A. ( BVMF:CRFB3 ) shareholders, because the company has just released its latest...Reported Earnings • Nov 02Third quarter 2024 earnings released: EPS: R$0.10 (vs R$0.063 in 3Q 2023)Third quarter 2024 results: EPS: R$0.10 (up from R$0.063 in 3Q 2023). Revenue: R$28.4b (up 5.1% from 3Q 2023). Net income: R$221.0m (up 67% from 3Q 2023). Profit margin: 0.8% (up from 0.5% in 3Q 2023). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Retailing industry in Brazil. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.お知らせ • Oct 23Atacadão S.A. to Report Q3, 2024 Results on Oct 31, 2024Atacadão S.A. announced that they will report Q3, 2024 results After-Market on Oct 31, 2024Price Target Changed • Oct 16Price target decreased by 8.2% to R$11.52Down from R$12.56, the current price target is an average from 14 analysts. New target price is 55% above last closing price of R$7.41. Stock is down 18% over the past year. The company is forecast to post earnings per share of R$0.52 next year compared to a net loss per share of R$0.38 last year.Price Target Changed • Oct 10Price target decreased by 7.7% to R$12.25Down from R$13.28, the current price target is an average from 13 analysts. New target price is 63% above last closing price of R$7.53. Stock is down 23% over the past year. The company is forecast to post earnings per share of R$0.53 next year compared to a net loss per share of R$0.38 last year.分析記事 • Oct 02Atacadão S.A.'s (BVMF:CRFB3) Share Price Could Signal Some RiskIt's not a stretch to say that Atacadão S.A.'s ( BVMF:CRFB3 ) price-to-sales (or "P/S") ratio of 0.2x seems quite...Reported Earnings • Jul 23Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: R$0.16 (up from R$0.12 loss in 2Q 2023). Revenue: R$29.6b (up 7.8% from 2Q 2023). Net income: R$330.0m (up R$579.0m from 2Q 2023). Profit margin: 1.1% (up from net loss in 2Q 2023). Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates by 82%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Retailing industry in Brazil. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.お知らせ • Jul 23Atacadão S.A. to Report Q2, 2024 Results on Jul 22, 2024Atacadão S.A. announced that they will report Q2, 2024 results After-Market on Jul 22, 2024分析記事 • Jul 19Here's Why Atacadão (BVMF:CRFB3) Is Weighed Down By Its Debt LoadSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Jun 13Atacadão S.A.'s (BVMF:CRFB3) Popularity With Investors Is Under Threat From OverpricingThere wouldn't be many who think Atacadão S.A.'s ( BVMF:CRFB3 ) price-to-sales (or "P/S") ratio of 0.2x is worth a...分析記事 • May 09Atacadão S.A. Just Missed EPS By 59%: Here's What Analysts Think Will Happen NextIt's been a good week for Atacadão S.A. ( BVMF:CRFB3 ) shareholders, because the company has just released its latest...お知らせ • May 09Atacadão S.A. to Report Q1, 2024 Results on May 07, 2024Atacadão S.A. announced that they will report Q1, 2024 results After-Market on May 07, 2024Reported Earnings • May 08First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2024 results: R$0.02 loss per share (improved from R$0.054 loss in 1Q 2023). Revenue: R$26.4b (up 2.2% from 1Q 2023). Net income: R$39.0m (up R$152.0m from 1Q 2023). Profit margin: 0.1% (up from net loss in 1Q 2023). Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Retailing industry in Brazil. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance.分析記事 • Mar 28Does Atacadão (BVMF:CRFB3) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Buy Or Sell Opportunity • Mar 12Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 2.7% to R$12.00. The fair value is estimated to be R$9.98, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company became loss making.分析記事 • Feb 22Atacadão S.A. Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest ForecastsInvestors in Atacadão S.A. ( BVMF:CRFB3 ) had a good week, as its shares rose 8.7% to close at R$12.54 following the...Buy Or Sell Opportunity • Feb 22Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 9.5% to R$12.54. The fair value is estimated to be R$10.10, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company became loss making.New Risk • Feb 21New 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 6.1% 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: Minor Risks Dividend is not well covered by earnings (418% payout ratio). Share price has been volatile over the past 3 months (6.1% average weekly change).Reported Earnings • Feb 20Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: R$0.38 loss per share (down from R$0.85 profit in FY 2022). Revenue: R$109.9b (up 6.8% from FY 2022). Net loss: R$795.0m (down 146% from profit in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Consumer Retailing industry in Brazil. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Feb 19Consensus EPS estimates fall by 22%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from R$0.161 to R$0.127 per share. Revenue forecast steady at R$109.9b. Net income forecast to grow 470% next year vs 28% growth forecast for Consumer Retailing industry in Brazil. Consensus price target reaffirmed at R$14.16. Share price fell 7.9% to R$10.84 over the past week.Major Estimate Revision • Feb 14Consensus EPS estimates fall by 17%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from R$0.161 to R$0.134 per share. Revenue forecast steady at R$110.0b. Net income forecast to grow 483% next year vs 31% growth forecast for Consumer Retailing industry in Brazil. Consensus price target broadly unchanged at R$14.13. Share price fell 2.9% to R$11.54 over the past week.Buy Or Sell Opportunity • Feb 06Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 4.1% to R$11.39. The fair value is estimated to be R$9.28, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has declined by 39%. For the next 3 years, revenue is forecast to grow by 7.6% per annum. Earnings are also forecast to grow by 49% per annum over the same time period.分析記事 • Feb 05Atacadão S.A.'s (BVMF:CRFB3) Share Price Could Signal Some RiskThere wouldn't be many who think Atacadão S.A.'s ( BVMF:CRFB3 ) price-to-sales (or "P/S") ratio of 0.2x is worth a...お知らせ • Jan 13Atacadão S.A., Annual General Meeting, Apr 16, 2024Atacadão S.A., Annual General Meeting, Apr 16, 2024.分析記事 • Nov 17These 4 Measures Indicate That Atacadão (BVMF:CRFB3) Is Using Debt In A Risky WayWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to R$10.15, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 13x in the Consumer Retailing industry in Brazil. Total loss to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at R$9.38 per share.Major Estimate Revision • Oct 26Consensus EPS estimates fall by 32%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from R$0.256 to R$0.174 per share. Revenue forecast steady at R$112.9b. Net income forecast to grow 181% next year vs 33% growth forecast for Consumer Retailing industry in Brazil. Consensus price target down from R$13.77 to R$13.32. Share price fell 4.5% to R$8.62 over the past week.Major Estimate Revision • Oct 10Consensus EPS estimates fall by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from R$115.4b to R$113.5b. EPS estimate also fell from R$0.318 per share to R$0.264 per share. Net income forecast to grow 217% next year vs 31% growth forecast for Consumer Retailing industry in Brazil. Consensus price target down from R$14.35 to R$14.04. Share price rose 8.5% to R$9.22 over the past week.Valuation Update With 7 Day Price Move • Sep 21Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to R$8.90, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Consumer Retailing industry in Brazil. Total loss to shareholders of 54% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at R$12.58 per share.Major Estimate Revision • Sep 17Consensus EPS estimates fall by 14%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from R$0.526 to R$0.45 per share. Revenue forecast steady at R$117.9b. Net income forecast to grow 288% next year vs 38% growth forecast for Consumer Retailing industry in Brazil. Consensus price target broadly unchanged at R$14.85. Share price fell 2.6% to R$9.91 over the past week.お知らせ • Aug 18Barzel Properties completed the acquisition of Four distribution centres and five stores from Atacadão S.A. (BOVESPA:CRFB3).Barzel Properties agreed to acquire Four distribution centres and five stores from Atacadão S.A. (BOVESPA:CRFB3) for valuation of BRL 1.2 billion in May 2023. The assets will be leased back to Carrefour for 20 years, with the option to renew for additional five-year periods. Barzel Properties completed the acquisition of Four distribution centres and five stores from Atacadão S.A. (BOVESPA:CRFB3) on August 17, 2023.分析記事 • Aug 16Atacadão (BVMF:CRFB3) Seems To Be Using A Lot Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • Jul 28Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: R$27.5b (up 8.7% from 2Q 2022). Net loss: R$249.0m (down 140% from profit in 2Q 2022). Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Retailing industry in Brazil. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 18% per year.Major Estimate Revision • Jul 26Consensus EPS estimates fall by 22%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from R$0.639 to R$0.496 per share. Revenue forecast steady at R$117.4b. Net income forecast to grow 3.3% next year vs 20% growth forecast for Consumer Retailing industry in Brazil. Consensus price target down from R$15.62 to R$14.74. Share price rose 16% to R$12.43 over the past week.Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to R$10.98, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Consumer Retailing industry in Brazil. Total loss to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at R$18.14 per share.Major Estimate Revision • May 19Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from R$0.821 to R$0.725 per share. Revenue forecast steady at R$121.0b. Net income forecast to grow 63% next year vs 41% growth forecast for Consumer Retailing industry in Brazil. Consensus price target down from R$17.00 to R$16.36. Share price was steady at R$9.91 over the past week.Price Target Changed • May 11Price target decreased by 7.2% to R$17.00Down from R$18.32, the current price target is an average from 14 analysts. New target price is 74% above last closing price of R$9.78. Stock is down 50% over the past year. The company is forecast to post earnings per share of R$1.06 for next year compared to R$0.85 last year.分析記事 • May 05Atacadão (BVMF:CRFB3) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Price Target Changed • May 03Price target decreased by 7.2% to R$17.71Down from R$19.09, the current price target is an average from 14 analysts. New target price is 87% above last closing price of R$9.46. Stock is down 54% over the past year. The company is forecast to post earnings per share of R$0.88 for next year compared to R$0.85 last year.Reported Earnings • May 03First quarter 2023 earnings released: R$0.05 loss per share (vs R$0.19 profit in 1Q 2022)First quarter 2023 results: R$0.05 loss per share (down from R$0.19 profit in 1Q 2022). Revenue: R$25.8b (up 29% from 1Q 2022). Net loss: R$113.0m (down 131% from profit in 1Q 2022). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Consumer Retailing industry in Brazil. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings.Reported Earnings • Feb 14Full year 2022 earnings releasedFull year 2022 results: Revenue: R$102.9b (up 32% from FY 2021). Net income: R$1.74b (down 45% from FY 2021). Profit margin: 1.7% (down from 4.0% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Consumer Retailing industry in Brazil. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.お知らせ • Feb 14Atacadão S.A. to Report Q2, 2023 Results on Jul 25, 2023Atacadão S.A. announced that they will report Q2, 2023 results on Jul 25, 2023お知らせ • Feb 07Atacadão S.A. to Report Q1, 2023 Results on May 10, 2023Atacadão S.A. announced that they will report Q1, 2023 results on May 10, 2023お知らせ • Jan 17Atacadão S.A. to Report Q4, 2022 Results on Feb 07, 2023Atacadão S.A. announced that they will report Q4, 2022 results on Feb 07, 2023分析記事 • Jan 16We Think Atacadão (BVMF:CRFB3) Is Taking Some Risk With Its DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...お知らせ • Jan 14Atacadão S.A., Annual General Meeting, Apr 13, 2023Atacadão S.A., Annual General Meeting, Apr 13, 2023.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 3 independent directors (7 non-independent directors). Effective Independent Member of the Board of Directors Luiz Fernando Fleury was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Reported Earnings • Nov 12Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: R$27.7b (up 40% from 3Q 2021). Net income: R$323.0m (down 49% from 3Q 2021). Profit margin: 1.2% (down from 3.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Consumer Retailing industry in Brazil. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Nov 11Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to R$15.90, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Consumer Retailing industry in Brazil. Total loss to shareholders of 5.8% over the past three years.お知らせ • Oct 29Atacadão S.A. to Report Q3, 2022 Results on Nov 09, 2022Atacadão S.A. announced that they will report Q3, 2022 results After-Market on Nov 09, 2022分析記事 • Oct 12We Think Atacadão (BVMF:CRFB3) Is Taking Some Risk With Its DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Reported Earnings • Jul 28Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2022 results: EPS: R$0.31 (up from R$0.29 in 2Q 2021). Revenue: R$25.3b (up 35% from 2Q 2021). Net income: R$620.0m (up 9.5% from 2Q 2021). Profit margin: 2.5% (down from 3.0% in 2Q 2021). Revenue exceeded analyst estimates by 8.4%. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 27%, compared to a 27% growth forecast for the industry in Brazil. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.分析記事 • Jul 14Atacadão (BVMF:CRFB3) Has A Somewhat Strained Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Price Target Changed • Jun 29Price target decreased to R$22.75Down from R$24.70, the current price target is an average from 4 analysts. New target price is 37% above last closing price of R$16.55. Stock is down 21% over the past year. The company is forecast to post earnings per share of R$1.04 for next year compared to R$1.58 last year.Major Estimate Revision • Jun 17Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from R$86.9b to R$96.4b. EPS estimate fell from R$1.10 to R$1.02. Net income forecast to shrink 13% next year vs 34% growth forecast for Consumer Retailing industry in Brazil . Consensus price target broadly unchanged at R$24.55. Share price fell 7.8% to R$16.79 over the past week.お知らせ • Jun 09Atacadão S.A. (BOVESPA:CRFB3) completed the acquisition of Grupo Big Brasil S.A. from Advent International Corporation and Walmart Inc. (NYSE:WMT).Atacadão S.A. (BOVESPA:CRFB3) entered into an agreement to acquire Grupo Big Brasil S.A. from Advent International Corporation and Walmart Inc. (NYSE:WMT) for BRL 7.5 billion on March 24, 2021. The consideration will comprise of a cash payment of BRL 5.25 billion wherein BRL 900 million will be paid upfront and BRL 4.35 billion at closing; BRL 2.25 billion in shares with a 6-month lock-up wherein approximately 117 million shares will be issued at BRL 19.26 per share; and an additional cash payment will be made based on share appreciation. Upon completion of the transaction, Carrefour Group will own around 67.7% of Atacadão, Península Participações will own 7.2%, and Advent International and Walmart, through affiliates, will own 5.6% combined. The cash portion of BRL 5.25 billion will be financed through a combination of available cash & debt to be raised before closing. Atacadão and Grupo Big Brasil will be combined and will have gross sales of about BRL 100 billion, operate 876 stores, and employ around 137,000 people. The transaction remains subject to the authorization of the Brazilian antitrust authority (CADE), to the approval of Atacadão’s shareholders, as well as other customary closing conditions. As of January 25, 2022, Brazilian antitrust watchdog CADE has initially recommended approval of acquisition of Grupo BIG Brasil, but conditioned the deal to the divestment of some retail units. As of May 20, 2022, Atacadão’s shareholders has approved the acquisition. As of May 25, 2022, the transaction has been approved by Brazil's anti trust coincil Conselho Administrativo de Defesa Economica (CADE). The completion of the transaction is expected in 2022. The transaction is expected to generate very significant annual synergies of approximately BRL 1.7 billion in 3 years for Carrefour shareholders. EPS accretion is expected from year 1 after closing. Sergio J. Galvis, Werner Federico Ahlers and Mehdi Ansari of Sullivan & Cromwell LLP acted as legal advisors to Atacadão S.A. Credit Suisse acted as exclusive financial advisor to Grupo BIG. Atacadão S.A. (BOVESPA:CRFB3) completed the acquisition of Grupo Big Brasil S.A. from Advent International Corporation and Walmart Inc. (NYSE:WMT) on June 7, 2022.Major Estimate Revision • May 24Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from R$82.9b to R$85.0b. EPS estimate fell from R$1.19 to R$1.00 per share. Net income forecast to shrink 15% next year vs 32% growth forecast for Consumer Retailing industry in Brazil . Consensus price target broadly unchanged at R$24.36. Share price was steady at R$19.49 over the past week.分析記事 • May 18Atacadão's (BVMF:CRFB3) Returns On Capital Not Reflecting Well On The BusinessIf you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...お知らせ • May 08+ 1 more updateAtacadão S.A. to Report Q3, 2022 Results on Nov 09, 2022Atacadão S.A. announced that they will report Q3, 2022 results on Nov 09, 2022Reported Earnings • May 06First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: R$0.19 (down from R$0.47 in 1Q 2021). Revenue: R$20.0b (up 16% from 1Q 2021). Net income: R$370.0m (down 60% from 1Q 2021). Profit margin: 1.8% (down from 5.3% in 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.4%. Over the next year, revenue is forecast to grow 9.6%, compared to a 18% growth forecast for the industry in Brazil. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 3 independent directors (7 non-independent directors). Effective Independent Member of the Board of Directors Luiz Fernando Fleury was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Apr 20Atacadão S.A. to Report Q1, 2022 Results on May 05, 2022Atacadão S.A. announced that they will report Q1, 2022 results After-Market on May 05, 2022お知らせ • Feb 17Atacadão S.A. to Report Q4, 2021 Results on Feb 15, 2022Atacadão S.A. announced that they will report Q4, 2021 results on Feb 15, 2022分析記事 • Feb 14Here's What To Make Of Atacadão's (BVMF:CRFB3) Decelerating Rates Of ReturnDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...お知らせ • Jan 01Atacadão S.A.(BOVESPA:CRFB3) dropped from Brazil Valor BM&FBOVESPA IndexAtacadão S.A. has been removed from Brazil Valor BM&FBOVESPA Index.分析記事 • Dec 29These 4 Measures Indicate That Atacadão (BVMF:CRFB3) Is Using Debt ExtensivelySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Nov 16Returns At Atacadão (BVMF:CRFB3) Appear To Be Weighed DownIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...Reported Earnings • Nov 12Third quarter 2021 earnings releasedThe company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: R$19.9b (up 9.0% from 3Q 2020). Net income: R$638.0m (down 7.1% from 3Q 2020). Profit margin: 3.2% (down from 3.8% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.分析記事 • Sep 30Atacadão (BVMF:CRFB3) Takes On Some Risk With Its Use Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Aug 18Atacadão (BVMF:CRFB3) Has More To Do To Multiply In Value Going ForwardIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Reported Earnings • Jul 31Second quarter 2021 earnings released: EPS R$0.28 (vs R$0.35 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: R$18.7b (up 12% from 2Q 2020). Net income: R$566.0m (down 18% from 2Q 2020). Profit margin: 3.0% (down from 4.1% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.分析記事 • Jul 02Is Atacadão (BVMF:CRFB3) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...お知らせ • Jun 10CSHG Renda Urbana Fundo Investimento Imobilirio - FII (BOVESPA:HGRU11) a fund managed by Credit Suisse Hedging-Griffo Corretora de Valores S/A, Investment Arm agreed to acquire Ten Makro stores in Brazil from Atacadão S.A. for approximately BRL 200 million.CSHG Renda Urbana Fundo Investimento Imobilirio - FII (BOVESPA:HGRU11) a fund managed by Credit Suisse Hedging-Griffo Corretora de Valores S/A, Investment Arm agreed to acquire Ten Makro stores in Brazil from Atacadão S.A. for approximately BRL 200 million on June 8, 2021. In May 2021 the CSHG fund paid an initial BRL 14.5 million to Atacadão. The conclusion of the operation depends on technical diligence and compliance matters, and approval from antitrust body Cade.分析記事 • May 20Atacadão (BVMF:CRFB3) Has Some Way To Go To Become A Multi-BaggerDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...Reported Earnings • May 15First quarter 2021 earnings released: EPS R$0.47 (vs R$0.18 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: R$17.3b (up 13% from 1Q 2020). Net income: R$923.0m (up 154% from 1Q 2020). Profit margin: 5.3% (up from 2.4% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.分析記事 • Apr 29Should You Or Shouldn't You: A Dividend Analysis on Atacadão S.A. (BVMF:CRFB3)Could Atacadão S.A. ( BVMF:CRFB3 ) be an attractive dividend share to own for the long haul? Investors are often drawn...Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improved over the past weekAfter last week's 18% share price gain to R$22.14, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 21x in the Consumer Retailing industry in Brazil. Total returns to shareholders of 55% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at R$18.31 per share.分析記事 • Mar 16Atacadão (BVMF:CRFB3) Seems To Use Debt Quite SensiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Feb 23Atacadão S.A.'s (BVMF:CRFB3) Stock's On An Uptrend: Are Strong Financials Guiding The Market?Atacadão's (BVMF:CRFB3) stock is up by a considerable 6.4% over the past month. Given the company's impressive...Reported Earnings • Feb 20Full year 2020 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: R$71.2b (up 19% from FY 2019). Net income: R$2.67b (up 164% from FY 2019). Profit margin: 3.8% (up from 1.7% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.業績と収益の成長予測BOVESPA:CRFB3 - 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12/31/2027137,6312,609N/A5,282512/31/2026129,6231,840N/A4,362712/31/2025123,0761,350N/A4,80423/31/2025117,2761,9391,1843,431N/A12/31/2024115,6361,7532,2054,706N/A9/30/2024113,953252,1604,657N/A6/30/2024112,570-642,6855,481N/A3/31/2024110,417-6432,7725,709N/A12/31/2023109,859-7951,1984,729N/A9/30/2023110,0971962,4116,654N/A6/30/2023110,8553879705,050N/A3/31/2023108,6681,2563074,405N/A12/31/2022102,8901,7393,3476,973N/A9/30/202294,9022,3302,0594,820N/A6/30/202287,0142,6453,5946,047N/A3/31/202280,4542,5912,3004,897N/A12/31/202177,7513,1441,7664,444N/A9/30/202176,6863,062-1,7682,477N/A6/30/202175,0483,111-1,7382,120N/A3/31/202173,1223,231-1,3162,143N/A12/31/202071,1912,6716694,033N/A9/30/202067,4032,3724782,283N/A6/30/202063,8682,1151,0923,004N/A3/31/202061,8039351592,201N/A12/31/201960,0641,0138532,665N/A9/30/201958,2311,013-271,853N/A6/30/201957,0339382842,195N/A3/31/201955,3651,821431,877N/A12/31/201854,2671,660N/A3,100N/A9/30/201852,8061,621N/A2,398N/A6/30/201851,7071,828N/A1,910N/A3/31/201850,9461,718N/A2,435N/A12/31/201750,2801,599N/A2,887N/A9/30/201749,7281,537N/A2,541N/A6/30/201749,2381,224N/A2,794N/A3/31/201748,3351,199N/A2,159N/A12/31/201647,5341,174N/A2,957N/A12/31/201541,538766N/A1,736N/A12/31/201436,751708N/A735N/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: CRFB3の予測収益成長率 (年間10.9% ) は 貯蓄率 ( 11.2% ) を下回っています。収益対市場: CRFB3の収益 ( 10.9% ) BR市場 ( 12.2% ) よりも低い成長が予測されています。高成長収益: CRFB3の収益は増加すると予測されていますが、大幅には増加しません。収益対市場: CRFB3の収益 ( 5.8% ) BR市場 ( 7.2% ) よりも低い成長が予測されています。高い収益成長: CRFB3の収益 ( 5.8% ) 20%よりも低い成長が予測されています。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: CRFB3の 自己資本利益率 は、3年後には低くなると予測されています ( 8.7 %)。成長企業の発掘7D1Y7D1Y7D1YConsumer-retailing 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2025/06/03 14:08終値2025/05/30 00:00収益2025/03/31年間収益2024/12/31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この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、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。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Atacadão S.A. 7 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。6 アナリスト機関Andrew GwynnBNP ParibasMarcel de MoraesDeutsche BankIrma SgarzGoldman Sachs3 その他のアナリストを表示
Price Target Changed • Jan 30Price target decreased by 9.3% to R$9.09Down from R$10.02, the current price target is an average from 14 analysts. New target price is 45% above last closing price of R$6.28. Stock is down 42% over the past year. The company is forecast to post earnings per share of R$0.48 next year compared to a net loss per share of R$0.38 last year.
分析記事 • Nov 03Analyst Estimates: Here's What Brokers Think Of Atacadão S.A. (BVMF:CRFB3) After Its Third-Quarter ReportIt's been a good week for Atacadão S.A. ( BVMF:CRFB3 ) shareholders, because the company has just released its latest...
Price Target Changed • Oct 16Price target decreased by 8.2% to R$11.52Down from R$12.56, the current price target is an average from 14 analysts. New target price is 55% above last closing price of R$7.41. Stock is down 18% over the past year. The company is forecast to post earnings per share of R$0.52 next year compared to a net loss per share of R$0.38 last year.
Price Target Changed • Oct 10Price target decreased by 7.7% to R$12.25Down from R$13.28, the current price target is an average from 13 analysts. New target price is 63% above last closing price of R$7.53. Stock is down 23% over the past year. The company is forecast to post earnings per share of R$0.53 next year compared to a net loss per share of R$0.38 last year.
分析記事 • May 09Atacadão S.A. Just Missed EPS By 59%: Here's What Analysts Think Will Happen NextIt's been a good week for Atacadão S.A. ( BVMF:CRFB3 ) shareholders, because the company has just released its latest...
分析記事 • Feb 22Atacadão S.A. Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest ForecastsInvestors in Atacadão S.A. ( BVMF:CRFB3 ) had a good week, as its shares rose 8.7% to close at R$12.54 following the...
お知らせ • Jun 02Atacadão S.A.(BOVESPA:CRFB3) dropped from FTSE All-World Index (USD)Atacadão S.A.(BOVESPA:CRFB3) dropped from FTSE All-World Index (USD)
お知らせ • Apr 14Atacadão S.A. to Report Q1, 2025 Results on May 06, 2025Atacadão S.A. announced that they will report Q1, 2025 results After-Market on May 06, 2025
お知らせ • Mar 19Atacadão S.A., Annual General Meeting, Apr 17, 2025Atacadão S.A., Annual General Meeting, Apr 17, 2025.
お知らせ • Feb 19Atacadão S.A. to Report Q4, 2024 Results on Feb 18, 2025Atacadão S.A. announced that they will report Q4, 2024 results After-Market on Feb 18, 2025
新しいナラティブ • Feb 17Digital Expansion And New Services Will Bring In More Customers Expansion in physical and digital operations, along with new services, enhances revenue potential and market share, supporting future margin improvement.
お知らせ • Feb 12+ 1 more updateCarrefour to Fully Acquire and Delist Brazilian SubsidiaryCarrefour SA (ENXTPA:CA) has announced its intention to acquire the remaining shares of its Brazilian subsidiary, Atacadão S.A. (BOVESPA:CRFB3) (Grupo Carrefour Brasil), and delist it from the São Paulo Stock Exchange. This strategic move aims to consolidate its leadership in Brazil, enabling more agile operations and a focus on execution. The transaction is expected to be accretive to Carrefour’s earnings per share from the first year and reflects the company’s commitment to Brazil’s market. The offer includes a choice of cash, shares, or a mix for minority shareholders, with the transaction completion anticipated by the second quarter of 2025 subject to shareholder approval.
Price Target Changed • Jan 30Price target decreased by 9.3% to R$9.09Down from R$10.02, the current price target is an average from 14 analysts. New target price is 45% above last closing price of R$6.28. Stock is down 42% over the past year. The company is forecast to post earnings per share of R$0.48 next year compared to a net loss per share of R$0.38 last year.
分析記事 • Jan 20Atacadão S.A. (BVMF:CRFB3) Investors Are Less Pessimistic Than ExpectedIt's not a stretch to say that Atacadão S.A.'s ( BVMF:CRFB3 ) price-to-sales (or "P/S") ratio of 0.1x right now seems...
分析記事 • Nov 08Atacadão's (BVMF:CRFB3) Soft Earnings Are Actually Better Than They AppearThe market was pleased with the recent earnings report from Atacadão S.A. ( BVMF:CRFB3 ), despite the profit numbers...
New Risk • Nov 04New 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 6.5% 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 Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Dividend is not well covered by earnings (dividend per share is over 5x earnings per share). Share price has been volatile over the past 3 months (6.5% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.02% net profit margin).
分析記事 • Nov 03Analyst Estimates: Here's What Brokers Think Of Atacadão S.A. (BVMF:CRFB3) After Its Third-Quarter ReportIt's been a good week for Atacadão S.A. ( BVMF:CRFB3 ) shareholders, because the company has just released its latest...
Reported Earnings • Nov 02Third quarter 2024 earnings released: EPS: R$0.10 (vs R$0.063 in 3Q 2023)Third quarter 2024 results: EPS: R$0.10 (up from R$0.063 in 3Q 2023). Revenue: R$28.4b (up 5.1% from 3Q 2023). Net income: R$221.0m (up 67% from 3Q 2023). Profit margin: 0.8% (up from 0.5% in 3Q 2023). Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Retailing industry in Brazil. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance.
お知らせ • Oct 23Atacadão S.A. to Report Q3, 2024 Results on Oct 31, 2024Atacadão S.A. announced that they will report Q3, 2024 results After-Market on Oct 31, 2024
Price Target Changed • Oct 16Price target decreased by 8.2% to R$11.52Down from R$12.56, the current price target is an average from 14 analysts. New target price is 55% above last closing price of R$7.41. Stock is down 18% over the past year. The company is forecast to post earnings per share of R$0.52 next year compared to a net loss per share of R$0.38 last year.
Price Target Changed • Oct 10Price target decreased by 7.7% to R$12.25Down from R$13.28, the current price target is an average from 13 analysts. New target price is 63% above last closing price of R$7.53. Stock is down 23% over the past year. The company is forecast to post earnings per share of R$0.53 next year compared to a net loss per share of R$0.38 last year.
分析記事 • Oct 02Atacadão S.A.'s (BVMF:CRFB3) Share Price Could Signal Some RiskIt's not a stretch to say that Atacadão S.A.'s ( BVMF:CRFB3 ) price-to-sales (or "P/S") ratio of 0.2x seems quite...
Reported Earnings • Jul 23Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: R$0.16 (up from R$0.12 loss in 2Q 2023). Revenue: R$29.6b (up 7.8% from 2Q 2023). Net income: R$330.0m (up R$579.0m from 2Q 2023). Profit margin: 1.1% (up from net loss in 2Q 2023). Revenue exceeded analyst estimates by 4.7%. Earnings per share (EPS) also surpassed analyst estimates by 82%. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Retailing industry in Brazil. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.
お知らせ • Jul 23Atacadão S.A. to Report Q2, 2024 Results on Jul 22, 2024Atacadão S.A. announced that they will report Q2, 2024 results After-Market on Jul 22, 2024
分析記事 • Jul 19Here's Why Atacadão (BVMF:CRFB3) Is Weighed Down By Its Debt LoadSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Jun 13Atacadão S.A.'s (BVMF:CRFB3) Popularity With Investors Is Under Threat From OverpricingThere wouldn't be many who think Atacadão S.A.'s ( BVMF:CRFB3 ) price-to-sales (or "P/S") ratio of 0.2x is worth a...
分析記事 • May 09Atacadão S.A. Just Missed EPS By 59%: Here's What Analysts Think Will Happen NextIt's been a good week for Atacadão S.A. ( BVMF:CRFB3 ) shareholders, because the company has just released its latest...
お知らせ • May 09Atacadão S.A. to Report Q1, 2024 Results on May 07, 2024Atacadão S.A. announced that they will report Q1, 2024 results After-Market on May 07, 2024
Reported Earnings • May 08First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2024 results: R$0.02 loss per share (improved from R$0.054 loss in 1Q 2023). Revenue: R$26.4b (up 2.2% from 1Q 2023). Net income: R$39.0m (up R$152.0m from 1Q 2023). Profit margin: 0.1% (up from net loss in 1Q 2023). Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Consumer Retailing industry in Brazil. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 55 percentage points per year, which is a significant difference in performance.
分析記事 • Mar 28Does Atacadão (BVMF:CRFB3) Have A Healthy Balance Sheet?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Buy Or Sell Opportunity • Mar 12Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 2.7% to R$12.00. The fair value is estimated to be R$9.98, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company became loss making.
分析記事 • Feb 22Atacadão S.A. Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest ForecastsInvestors in Atacadão S.A. ( BVMF:CRFB3 ) had a good week, as its shares rose 8.7% to close at R$12.54 following the...
Buy Or Sell Opportunity • Feb 22Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 9.5% to R$12.54. The fair value is estimated to be R$10.10, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Meanwhile, the company became loss making.
New Risk • Feb 21New 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 6.1% 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: Minor Risks Dividend is not well covered by earnings (418% payout ratio). Share price has been volatile over the past 3 months (6.1% average weekly change).
Reported Earnings • Feb 20Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: R$0.38 loss per share (down from R$0.85 profit in FY 2022). Revenue: R$109.9b (up 6.8% from FY 2022). Net loss: R$795.0m (down 146% from profit in FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Consumer Retailing industry in Brazil. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Feb 19Consensus EPS estimates fall by 22%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from R$0.161 to R$0.127 per share. Revenue forecast steady at R$109.9b. Net income forecast to grow 470% next year vs 28% growth forecast for Consumer Retailing industry in Brazil. Consensus price target reaffirmed at R$14.16. Share price fell 7.9% to R$10.84 over the past week.
Major Estimate Revision • Feb 14Consensus EPS estimates fall by 17%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from R$0.161 to R$0.134 per share. Revenue forecast steady at R$110.0b. Net income forecast to grow 483% next year vs 31% growth forecast for Consumer Retailing industry in Brazil. Consensus price target broadly unchanged at R$14.13. Share price fell 2.9% to R$11.54 over the past week.
Buy Or Sell Opportunity • Feb 06Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 4.1% to R$11.39. The fair value is estimated to be R$9.28, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has declined by 39%. For the next 3 years, revenue is forecast to grow by 7.6% per annum. Earnings are also forecast to grow by 49% per annum over the same time period.
分析記事 • Feb 05Atacadão S.A.'s (BVMF:CRFB3) Share Price Could Signal Some RiskThere wouldn't be many who think Atacadão S.A.'s ( BVMF:CRFB3 ) price-to-sales (or "P/S") ratio of 0.2x is worth a...
お知らせ • Jan 13Atacadão S.A., Annual General Meeting, Apr 16, 2024Atacadão S.A., Annual General Meeting, Apr 16, 2024.
分析記事 • Nov 17These 4 Measures Indicate That Atacadão (BVMF:CRFB3) Is Using Debt In A Risky WayWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Valuation Update With 7 Day Price Move • Nov 06Investor sentiment improves as stock rises 17%After last week's 17% share price gain to R$10.15, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 13x in the Consumer Retailing industry in Brazil. Total loss to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at R$9.38 per share.
Major Estimate Revision • Oct 26Consensus EPS estimates fall by 32%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from R$0.256 to R$0.174 per share. Revenue forecast steady at R$112.9b. Net income forecast to grow 181% next year vs 33% growth forecast for Consumer Retailing industry in Brazil. Consensus price target down from R$13.77 to R$13.32. Share price fell 4.5% to R$8.62 over the past week.
Major Estimate Revision • Oct 10Consensus EPS estimates fall by 17%The consensus outlook for earnings per share (EPS) in fiscal year 2023 has deteriorated. 2023 revenue forecast decreased from R$115.4b to R$113.5b. EPS estimate also fell from R$0.318 per share to R$0.264 per share. Net income forecast to grow 217% next year vs 31% growth forecast for Consumer Retailing industry in Brazil. Consensus price target down from R$14.35 to R$14.04. Share price rose 8.5% to R$9.22 over the past week.
Valuation Update With 7 Day Price Move • Sep 21Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to R$8.90, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 14x in the Consumer Retailing industry in Brazil. Total loss to shareholders of 54% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at R$12.58 per share.
Major Estimate Revision • Sep 17Consensus EPS estimates fall by 14%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from R$0.526 to R$0.45 per share. Revenue forecast steady at R$117.9b. Net income forecast to grow 288% next year vs 38% growth forecast for Consumer Retailing industry in Brazil. Consensus price target broadly unchanged at R$14.85. Share price fell 2.6% to R$9.91 over the past week.
お知らせ • Aug 18Barzel Properties completed the acquisition of Four distribution centres and five stores from Atacadão S.A. (BOVESPA:CRFB3).Barzel Properties agreed to acquire Four distribution centres and five stores from Atacadão S.A. (BOVESPA:CRFB3) for valuation of BRL 1.2 billion in May 2023. The assets will be leased back to Carrefour for 20 years, with the option to renew for additional five-year periods. Barzel Properties completed the acquisition of Four distribution centres and five stores from Atacadão S.A. (BOVESPA:CRFB3) on August 17, 2023.
分析記事 • Aug 16Atacadão (BVMF:CRFB3) Seems To Be Using A Lot Of DebtLegendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • Jul 28Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: R$27.5b (up 8.7% from 2Q 2022). Net loss: R$249.0m (down 140% from profit in 2Q 2022). Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Consumer Retailing industry in Brazil. Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 18% per year.
Major Estimate Revision • Jul 26Consensus EPS estimates fall by 22%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from R$0.639 to R$0.496 per share. Revenue forecast steady at R$117.4b. Net income forecast to grow 3.3% next year vs 20% growth forecast for Consumer Retailing industry in Brazil. Consensus price target down from R$15.62 to R$14.74. Share price rose 16% to R$12.43 over the past week.
Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to R$10.98, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 12x in the Consumer Retailing industry in Brazil. Total loss to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at R$18.14 per share.
Major Estimate Revision • May 19Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from R$0.821 to R$0.725 per share. Revenue forecast steady at R$121.0b. Net income forecast to grow 63% next year vs 41% growth forecast for Consumer Retailing industry in Brazil. Consensus price target down from R$17.00 to R$16.36. Share price was steady at R$9.91 over the past week.
Price Target Changed • May 11Price target decreased by 7.2% to R$17.00Down from R$18.32, the current price target is an average from 14 analysts. New target price is 74% above last closing price of R$9.78. Stock is down 50% over the past year. The company is forecast to post earnings per share of R$1.06 for next year compared to R$0.85 last year.
分析記事 • May 05Atacadão (BVMF:CRFB3) Has A Somewhat Strained Balance SheetSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Price Target Changed • May 03Price target decreased by 7.2% to R$17.71Down from R$19.09, the current price target is an average from 14 analysts. New target price is 87% above last closing price of R$9.46. Stock is down 54% over the past year. The company is forecast to post earnings per share of R$0.88 for next year compared to R$0.85 last year.
Reported Earnings • May 03First quarter 2023 earnings released: R$0.05 loss per share (vs R$0.19 profit in 1Q 2022)First quarter 2023 results: R$0.05 loss per share (down from R$0.19 profit in 1Q 2022). Revenue: R$25.8b (up 29% from 1Q 2022). Net loss: R$113.0m (down 131% from profit in 1Q 2022). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Consumer Retailing industry in Brazil. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings.
Reported Earnings • Feb 14Full year 2022 earnings releasedFull year 2022 results: Revenue: R$102.9b (up 32% from FY 2021). Net income: R$1.74b (down 45% from FY 2021). Profit margin: 1.7% (down from 4.0% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Consumer Retailing industry in Brazil. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings.
お知らせ • Feb 14Atacadão S.A. to Report Q2, 2023 Results on Jul 25, 2023Atacadão S.A. announced that they will report Q2, 2023 results on Jul 25, 2023
お知らせ • Feb 07Atacadão S.A. to Report Q1, 2023 Results on May 10, 2023Atacadão S.A. announced that they will report Q1, 2023 results on May 10, 2023
お知らせ • Jan 17Atacadão S.A. to Report Q4, 2022 Results on Feb 07, 2023Atacadão S.A. announced that they will report Q4, 2022 results on Feb 07, 2023
分析記事 • Jan 16We Think Atacadão (BVMF:CRFB3) Is Taking Some Risk With Its DebtThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
お知らせ • Jan 14Atacadão S.A., Annual General Meeting, Apr 13, 2023Atacadão S.A., Annual General Meeting, Apr 13, 2023.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 3 independent directors (7 non-independent directors). Effective Independent Member of the Board of Directors Luiz Fernando Fleury was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Reported Earnings • Nov 12Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: R$27.7b (up 40% from 3Q 2021). Net income: R$323.0m (down 49% from 3Q 2021). Profit margin: 1.2% (down from 3.2% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Consumer Retailing industry in Brazil. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Nov 11Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to R$15.90, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 16x in the Consumer Retailing industry in Brazil. Total loss to shareholders of 5.8% over the past three years.
お知らせ • Oct 29Atacadão S.A. to Report Q3, 2022 Results on Nov 09, 2022Atacadão S.A. announced that they will report Q3, 2022 results After-Market on Nov 09, 2022
分析記事 • Oct 12We Think Atacadão (BVMF:CRFB3) Is Taking Some Risk With Its DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Reported Earnings • Jul 28Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2022 results: EPS: R$0.31 (up from R$0.29 in 2Q 2021). Revenue: R$25.3b (up 35% from 2Q 2021). Net income: R$620.0m (up 9.5% from 2Q 2021). Profit margin: 2.5% (down from 3.0% in 2Q 2021). Revenue exceeded analyst estimates by 8.4%. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 27%, compared to a 27% growth forecast for the industry in Brazil. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
分析記事 • Jul 14Atacadão (BVMF:CRFB3) Has A Somewhat Strained Balance SheetHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Price Target Changed • Jun 29Price target decreased to R$22.75Down from R$24.70, the current price target is an average from 4 analysts. New target price is 37% above last closing price of R$16.55. Stock is down 21% over the past year. The company is forecast to post earnings per share of R$1.04 for next year compared to R$1.58 last year.
Major Estimate Revision • Jun 17Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from R$86.9b to R$96.4b. EPS estimate fell from R$1.10 to R$1.02. Net income forecast to shrink 13% next year vs 34% growth forecast for Consumer Retailing industry in Brazil . Consensus price target broadly unchanged at R$24.55. Share price fell 7.8% to R$16.79 over the past week.
お知らせ • Jun 09Atacadão S.A. (BOVESPA:CRFB3) completed the acquisition of Grupo Big Brasil S.A. from Advent International Corporation and Walmart Inc. (NYSE:WMT).Atacadão S.A. (BOVESPA:CRFB3) entered into an agreement to acquire Grupo Big Brasil S.A. from Advent International Corporation and Walmart Inc. (NYSE:WMT) for BRL 7.5 billion on March 24, 2021. The consideration will comprise of a cash payment of BRL 5.25 billion wherein BRL 900 million will be paid upfront and BRL 4.35 billion at closing; BRL 2.25 billion in shares with a 6-month lock-up wherein approximately 117 million shares will be issued at BRL 19.26 per share; and an additional cash payment will be made based on share appreciation. Upon completion of the transaction, Carrefour Group will own around 67.7% of Atacadão, Península Participações will own 7.2%, and Advent International and Walmart, through affiliates, will own 5.6% combined. The cash portion of BRL 5.25 billion will be financed through a combination of available cash & debt to be raised before closing. Atacadão and Grupo Big Brasil will be combined and will have gross sales of about BRL 100 billion, operate 876 stores, and employ around 137,000 people. The transaction remains subject to the authorization of the Brazilian antitrust authority (CADE), to the approval of Atacadão’s shareholders, as well as other customary closing conditions. As of January 25, 2022, Brazilian antitrust watchdog CADE has initially recommended approval of acquisition of Grupo BIG Brasil, but conditioned the deal to the divestment of some retail units. As of May 20, 2022, Atacadão’s shareholders has approved the acquisition. As of May 25, 2022, the transaction has been approved by Brazil's anti trust coincil Conselho Administrativo de Defesa Economica (CADE). The completion of the transaction is expected in 2022. The transaction is expected to generate very significant annual synergies of approximately BRL 1.7 billion in 3 years for Carrefour shareholders. EPS accretion is expected from year 1 after closing. Sergio J. Galvis, Werner Federico Ahlers and Mehdi Ansari of Sullivan & Cromwell LLP acted as legal advisors to Atacadão S.A. Credit Suisse acted as exclusive financial advisor to Grupo BIG. Atacadão S.A. (BOVESPA:CRFB3) completed the acquisition of Grupo Big Brasil S.A. from Advent International Corporation and Walmart Inc. (NYSE:WMT) on June 7, 2022.
Major Estimate Revision • May 24Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from R$82.9b to R$85.0b. EPS estimate fell from R$1.19 to R$1.00 per share. Net income forecast to shrink 15% next year vs 32% growth forecast for Consumer Retailing industry in Brazil . Consensus price target broadly unchanged at R$24.36. Share price was steady at R$19.49 over the past week.
分析記事 • May 18Atacadão's (BVMF:CRFB3) Returns On Capital Not Reflecting Well On The BusinessIf you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
お知らせ • May 08+ 1 more updateAtacadão S.A. to Report Q3, 2022 Results on Nov 09, 2022Atacadão S.A. announced that they will report Q3, 2022 results on Nov 09, 2022
Reported Earnings • May 06First quarter 2022 earnings: EPS exceeds analyst expectationsFirst quarter 2022 results: EPS: R$0.19 (down from R$0.47 in 1Q 2021). Revenue: R$20.0b (up 16% from 1Q 2021). Net income: R$370.0m (down 60% from 1Q 2021). Profit margin: 1.8% (down from 5.3% in 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.4%. Over the next year, revenue is forecast to grow 9.6%, compared to a 18% growth forecast for the industry in Brazil. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 10 experienced directors. No highly experienced directors. 3 independent directors (7 non-independent directors). Effective Independent Member of the Board of Directors Luiz Fernando Fleury was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Apr 20Atacadão S.A. to Report Q1, 2022 Results on May 05, 2022Atacadão S.A. announced that they will report Q1, 2022 results After-Market on May 05, 2022
お知らせ • Feb 17Atacadão S.A. to Report Q4, 2021 Results on Feb 15, 2022Atacadão S.A. announced that they will report Q4, 2021 results on Feb 15, 2022
分析記事 • Feb 14Here's What To Make Of Atacadão's (BVMF:CRFB3) Decelerating Rates Of ReturnDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
お知らせ • Jan 01Atacadão S.A.(BOVESPA:CRFB3) dropped from Brazil Valor BM&FBOVESPA IndexAtacadão S.A. has been removed from Brazil Valor BM&FBOVESPA Index.
分析記事 • Dec 29These 4 Measures Indicate That Atacadão (BVMF:CRFB3) Is Using Debt ExtensivelySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Nov 16Returns At Atacadão (BVMF:CRFB3) Appear To Be Weighed DownIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
Reported Earnings • Nov 12Third quarter 2021 earnings releasedThe company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: R$19.9b (up 9.0% from 3Q 2020). Net income: R$638.0m (down 7.1% from 3Q 2020). Profit margin: 3.2% (down from 3.8% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
分析記事 • Sep 30Atacadão (BVMF:CRFB3) Takes On Some Risk With Its Use Of DebtSome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
分析記事 • Aug 18Atacadão (BVMF:CRFB3) Has More To Do To Multiply In Value Going ForwardIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Reported Earnings • Jul 31Second quarter 2021 earnings released: EPS R$0.28 (vs R$0.35 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: R$18.7b (up 12% from 2Q 2020). Net income: R$566.0m (down 18% from 2Q 2020). Profit margin: 3.0% (down from 4.1% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
分析記事 • Jul 02Is Atacadão (BVMF:CRFB3) A Risky Investment?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
お知らせ • Jun 10CSHG Renda Urbana Fundo Investimento Imobilirio - FII (BOVESPA:HGRU11) a fund managed by Credit Suisse Hedging-Griffo Corretora de Valores S/A, Investment Arm agreed to acquire Ten Makro stores in Brazil from Atacadão S.A. for approximately BRL 200 million.CSHG Renda Urbana Fundo Investimento Imobilirio - FII (BOVESPA:HGRU11) a fund managed by Credit Suisse Hedging-Griffo Corretora de Valores S/A, Investment Arm agreed to acquire Ten Makro stores in Brazil from Atacadão S.A. for approximately BRL 200 million on June 8, 2021. In May 2021 the CSHG fund paid an initial BRL 14.5 million to Atacadão. The conclusion of the operation depends on technical diligence and compliance matters, and approval from antitrust body Cade.
分析記事 • May 20Atacadão (BVMF:CRFB3) Has Some Way To Go To Become A Multi-BaggerDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
Reported Earnings • May 15First quarter 2021 earnings released: EPS R$0.47 (vs R$0.18 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: R$17.3b (up 13% from 1Q 2020). Net income: R$923.0m (up 154% from 1Q 2020). Profit margin: 5.3% (up from 2.4% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
分析記事 • Apr 29Should You Or Shouldn't You: A Dividend Analysis on Atacadão S.A. (BVMF:CRFB3)Could Atacadão S.A. ( BVMF:CRFB3 ) be an attractive dividend share to own for the long haul? Investors are often drawn...
Valuation Update With 7 Day Price Move • Mar 26Investor sentiment improved over the past weekAfter last week's 18% share price gain to R$22.14, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 21x in the Consumer Retailing industry in Brazil. Total returns to shareholders of 55% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at R$18.31 per share.
分析記事 • Mar 16Atacadão (BVMF:CRFB3) Seems To Use Debt Quite SensiblyHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
分析記事 • Feb 23Atacadão S.A.'s (BVMF:CRFB3) Stock's On An Uptrend: Are Strong Financials Guiding The Market?Atacadão's (BVMF:CRFB3) stock is up by a considerable 6.4% over the past month. Given the company's impressive...
Reported Earnings • Feb 20Full year 2020 earnings releasedThe company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: R$71.2b (up 19% from FY 2019). Net income: R$2.67b (up 164% from FY 2019). Profit margin: 3.8% (up from 1.7% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
