CBRD

Companhia Brasileira de Distribuição BASE:CBRD Stock Report

Last Price

R$969.50

Market Cap

R$144.2b

7D

-2.8%

1Y

n/a

Updated

23 Apr, 2022

Data

Company Financials +
CBRD fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends4/6

CBRD Stock Overview

Companhia Brasileira de Distribuição engages in the retail of food, clothing, home appliances, electronics, and other products through its chain of hypermarkets, supermarkets, specialized stores, and department stores in Brazil.

Companhia Brasileira de Distribuição Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Companhia Brasileira de Distribuição
Historical stock prices
Current Share PriceR$969.50
52 Week HighR$1,405.50
52 Week LowR$728.00
Beta0.71
1 Month Change-0.77%
3 Month Change31.01%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO-4.13%

Recent News & Updates

Shareholder Returns

CBRDAR Consumer RetailingAR Market
7D-2.8%-2.6%23.0%
1Yn/a6.3%128.7%

Return vs Industry: Insufficient data to determine how CBRD performed against the AR Consumer Retailing industry.

Return vs Market: Insufficient data to determine how CBRD performed against the AR Market.

Price Volatility

Is CBRD's price volatile compared to industry and market?
CBRD volatility
CBRD Average Weekly Movement8.7%
Consumer Retailing Industry Average Movement4.6%
Market Average Movement5.6%
10% most volatile stocks in AR Market8.1%
10% least volatile stocks in AR Market3.3%

Stable Share Price: CBRD is more volatile than 90% of AR stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: CBRD's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of AR stocks.

About the Company

FoundedEmployeesCEOWebsite
1948n/aMarcelo Pimentelhttps://www.gpari.com.br

Companhia Brasileira de Distribuição engages in the retail of food, clothing, home appliances, electronics, and other products through its chain of hypermarkets, supermarkets, specialized stores, and department stores in Brazil. It operates in Food Retail, and Éxito Group segments. The company sells non-perishables, beverages, fruits, vegetables, meat, breads, cold cuts, dairy products, cleaning products, disposable products, and personal care products; and home appliances and other non-food products, such as clothing and baby items, shoes and accessories, household articles, books, magazines, CDs and DVDs, stationery, toys, sports and camping gears, furniture, mobile phones, mattresses, pet products, and gardening equipment and tools, as well as electronic products, including personal computers, software, computer accessories, and sound and image systems.

Companhia Brasileira de Distribuição Fundamentals Summary

How do Companhia Brasileira de Distribuição's earnings and revenue compare to its market cap?
CBRD fundamental statistics
Market CapR$6.01b
Earnings (TTM)R$805.00m
Revenue (TTM)R$51.29b

7.5x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CBRD income statement (TTM)
RevenueR$51.29b
Cost of RevenueR$38.34b
Gross ProfitR$12.95b
Other ExpensesR$12.15b
EarningsR$805.00m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

May 04, 2022

Earnings per share (EPS)2.99
Gross Margin25.25%
Net Profit Margin1.57%
Debt/Equity Ratio56.4%

How did CBRD perform over the long term?

See historical performance and comparison

Dividends

9.8%

Current Dividend Yield

73%

Payout Ratio

Valuation

Is Companhia Brasileira de Distribuição undervalued compared to its fair value and its price relative to the market?

7.46x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CBRD (ARS969.5) is trading above our estimate of fair value (ARS431.75)

Significantly Below Fair Value: CBRD is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CBRD is good value based on its PE Ratio (7.5x) compared to the South American Consumer Retailing industry average (15.6x).

PE vs Market: CBRD is good value based on its PE Ratio (7.5x) compared to the AR market (13.7x).


Price to Earnings Growth Ratio

PEG Ratio: CBRD is poor value based on its PEG Ratio (2.8x)


Price to Book Ratio

PB vs Industry: CBRD is good value based on its PB Ratio (0.4x) compared to the XS Consumer Retailing industry average (1.6x).


Future Growth

How is Companhia Brasileira de Distribuição forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

2.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CBRD's forecast earnings growth (2.7% per year) is below the savings rate (7.6%).

Earnings vs Market: CBRD's earnings (2.7% per year) are forecast to grow slower than the AR market (22.2% per year).

High Growth Earnings: CBRD's earnings are forecast to grow, but not significantly.

Revenue vs Market: CBRD's revenue (0.9% per year) is forecast to grow slower than the AR market (16.2% per year).

High Growth Revenue: CBRD's revenue (0.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CBRD's Return on Equity is forecast to be low in 3 years time (4.9%).


Past Performance

How has Companhia Brasileira de Distribuição performed over the past 5 years?

23.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CBRD has a large one-off loss of R$307.0M impacting its December 31 2021 financial results.

Growing Profit Margin: CBRD's current net profit margins (1.6%) are lower than last year (2.1%).


Past Earnings Growth Analysis

Earnings Trend: CBRD has become profitable over the past 5 years, growing earnings by 23.9% per year.

Accelerating Growth: CBRD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CBRD had negative earnings growth (-26.3%) over the past year, making it difficult to compare to the Consumer Retailing industry average (31.7%).


Return on Equity

High ROE: CBRD's Return on Equity (5.9%) is considered low.


Financial Health

How is Companhia Brasileira de Distribuição's financial position?


Financial Position Analysis

Short Term Liabilities: CBRD's short term assets (R$17.9B) exceed its short term liabilities (R$16.6B).

Long Term Liabilities: CBRD's short term assets (R$17.9B) exceed its long term liabilities (R$16.5B).


Debt to Equity History and Analysis

Debt Level: CBRD's net debt to equity ratio (5.9%) is considered satisfactory.

Reducing Debt: CBRD's debt to equity ratio has increased from 45.7% to 56.4% over the past 5 years.

Debt Coverage: CBRD's debt is well covered by operating cash flow (29.5%).

Interest Coverage: CBRD's interest payments on its debt are not well covered by EBIT (1.8x coverage).


Balance Sheet


Dividend

What is Companhia Brasileira de Distribuição current dividend yield, its reliability and sustainability?

9.76%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CBRD's dividend (9.76%) is higher than the bottom 25% of dividend payers in the AR market (0.61%).

High Dividend: CBRD's dividend (9.76%) is in the top 25% of dividend payers in the AR market (4.92%)


Stability and Growth of Payments

Stable Dividend: CBRD has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: CBRD's dividend payments have increased, but the company has only paid a dividend for 7 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (72.7%), CBRD's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (40.1%), CBRD's dividend payments are well covered by cash flows.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.1yrs

Average management tenure


CEO

Marcelo Pimentel

no data

Tenure

Mr. Marcelo Ribeiro Pimentel is a Director at Westwing Comércio Varejista S.A. He serves as Chief Executive Officer of Companhia Brasileira de Distribui??o since April 04, 2022. He has been the Chief Opera...


Leadership Team

Experienced Management: CBRD's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

Experienced Board: CBRD's board of directors are seasoned and experienced ( 12 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Companhia Brasileira de Distribuição's employee growth, exchange listings and data sources


Key Information

  • Name: Companhia Brasileira de Distribuição
  • Ticker: CBRD
  • Exchange: BASE
  • Founded: 1948
  • Industry: Food Retail
  • Sector: Consumer Retailing
  • Implied Market Cap: R$6.007b
  • Listing Market Cap: R$144.243b
  • Shares outstanding: 269.24m
  • Website: https://www.gpari.com.br

Number of Employees


Location

  • Companhia Brasileira de Distribuição
  • Avenida Brigadeiro Luiz Antonio, 3142
  • São Paulo
  • São Paulo
  • 01402-901
  • Brazil

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/04/23 00:00
End of Day Share Price2022/04/22 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.