Sendas Distribuidora S.A.

BOVESPA:ASAI3 Stock Report

Market Cap: R$14.1b

Sendas Distribuidora Valuation

Is ASAI3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ASAI3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ASAI3 (R$10.48) is trading below our estimate of fair value (R$15)

Significantly Below Fair Value: ASAI3 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for ASAI3?

Other financial metrics that can be useful for relative valuation.

ASAI3 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.5x
Enterprise Value/EBITDA8x
PEG Ratio0.7x

Price to Earnings Ratio vs Peers

How does ASAI3's PE Ratio compare to its peers?

The above table shows the PE ratio for ASAI3 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average31.9x
GMAT3 Grupo Mateus
12.9x17.7%R$15.7b
RADL3 Raia Drogasil
42.6x22.6%R$44.7b
PGMN3 Empreendimentos Pague Menos
58.6x50.3%R$1.5b
PNVL3 Dimed Distribuidora de Medicamentos
13.7x20.3%R$1.5b
ASAI3 Sendas Distribuidora
20.3x29.3%R$14.1b

Price-To-Earnings vs Peers: ASAI3 is good value based on its Price-To-Earnings Ratio (20.3x) compared to the peer average (31.9x).


Price to Earnings Ratio vs Industry

How does ASAI3's PE Ratio compare vs other companies in the South American Consumer Retailing Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a30.2%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a30.2%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: ASAI3 is expensive based on its Price-To-Earnings Ratio (20.3x) compared to the South American Consumer Retailing industry average (17.8x).


Price to Earnings Ratio vs Fair Ratio

What is ASAI3's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ASAI3 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.3x
Fair PE Ratio21.5x

Price-To-Earnings vs Fair Ratio: ASAI3 is good value based on its Price-To-Earnings Ratio (20.3x) compared to the estimated Fair Price-To-Earnings Ratio (21.5x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ASAI3 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentR$10.48
R$16.68
+59.2%
7.7%R$19.00R$14.00n/a13
Jul ’25R$10.00
R$16.53
+65.3%
6.3%R$18.00R$15.00n/a12
Jun ’25R$12.18
R$16.88
+38.6%
5.3%R$18.00R$15.00n/a12
May ’25R$13.12
R$17.01
+29.6%
5.1%R$18.00R$15.00n/a12
Apr ’25R$14.18
R$16.84
+18.8%
8.6%R$20.00R$14.00n/a12
Mar ’25R$14.05
R$16.63
+18.3%
8.9%R$20.00R$14.00n/a12
Feb ’25R$13.58
R$17.00
+25.2%
8.9%R$20.00R$14.00n/a13
Jan ’25R$13.53
R$17.04
+25.9%
8.5%R$20.00R$14.00n/a13
Dec ’24R$13.03
R$17.04
+30.8%
8.5%R$20.00R$14.00n/a13
Nov ’24R$11.08
R$16.92
+52.7%
9.8%R$20.00R$14.00n/a12
Oct ’24R$12.16
R$17.76
+46.0%
8.0%R$20.00R$16.00n/a12
Sep ’24R$11.86
R$18.09
+52.5%
11.0%R$23.00R$16.00n/a12
Aug ’24R$13.65
R$17.59
+28.9%
11.7%R$23.00R$16.00n/a12
Jul ’24R$13.75
R$17.72
+28.8%
13.1%R$23.00R$13.50R$10.0012
Jun ’24R$11.01
R$18.47
+67.7%
16.4%R$25.00R$13.50R$12.1812
May ’24R$12.29
R$22.62
+84.0%
11.7%R$26.00R$18.00R$13.1212
Apr ’24R$15.54
R$23.65
+52.2%
5.8%R$26.00R$22.00R$14.1813
Mar ’24R$17.64
R$24.07
+36.5%
6.0%R$27.00R$22.00R$14.0514
Feb ’24R$19.63
R$24.23
+23.5%
6.3%R$27.00R$21.00R$13.5815
Jan ’24R$19.47
R$23.97
+23.1%
7.2%R$28.00R$21.00R$13.5315
Dec ’23R$19.68
R$23.43
+19.1%
9.0%R$28.00R$20.00R$13.0315
Nov ’23R$19.89
R$23.23
+16.8%
9.2%R$27.00R$20.00R$11.0815
Oct ’23R$17.55
R$22.37
+27.4%
8.2%R$25.00R$19.00R$12.1615
Sep ’23R$18.77
R$21.70
+15.6%
8.5%R$25.00R$19.00R$11.8615
Aug ’23R$15.63
R$21.10
+35.0%
8.2%R$25.00R$19.00R$13.6515
Jul ’23R$14.60
R$20.38
+39.6%
6.5%R$24.00R$19.00R$13.7513

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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