company background image
JALL

Jalles Machado S/A BOVESPA:JALL3 Stock Report

Last Price

R$7.52

Market Cap

R$2.2b

7D

2.2%

1Y

-30.4%

Updated

05 Jul, 2022

Data

Company Financials +
JALL3 fundamental analysis
Snowflake Score
Valuation6/6
Future Growth4/6
Past Performance6/6
Financial Health5/6
Dividends3/6

JALL3 Stock Overview

Jalles Machado S/A produces, markets, and exports sugar, ethanol, and other by-products from sugarcane.

Jalles Machado S/A Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Jalles Machado S/A
Historical stock prices
Current Share PriceR$7.52
52 Week HighR$11.46
52 Week LowR$7.20
Beta0
1 Month Change-28.24%
3 Month Change-21.09%
1 Year Change-30.37%
3 Year Changen/a
5 Year Changen/a
Change since IPO-16.81%

Recent News & Updates

Jun 26
Jalles Machado S/A (BVMF:JALL3) Might Not Be As Mispriced As It Looks After Plunging 26%

Jalles Machado S/A (BVMF:JALL3) Might Not Be As Mispriced As It Looks After Plunging 26%

The Jalles Machado S/A ( BVMF:JALL3 ) share price has fared very poorly over the last month, falling by a substantial...

Shareholder Returns

JALL3BR FoodBR Market
7D2.2%-1.9%-2.0%
1Y-30.4%-8.2%-29.6%

Return vs Industry: JALL3 underperformed the BR Food industry which returned -10.3% over the past year.

Return vs Market: JALL3 matched the BR Market which returned -30.4% over the past year.

Price Volatility

Is JALL3's price volatile compared to industry and market?
JALL3 volatility
JALL3 Average Weekly Movement6.2%
Food Industry Average Movement5.3%
Market Average Movement5.8%
10% most volatile stocks in BR Market9.2%
10% least volatile stocks in BR Market2.8%

Stable Share Price: JALL3 is not significantly more volatile than the rest of BR stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: JALL3's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19803,582Otavio de Siqueira Filhohttps://www.jallesmachado.com

Jalles Machado S/A produces, markets, and exports sugar, ethanol, and other by-products from sugarcane. The company offers crystal and organic sugar; hydrated, anhydrous, industrial, and organic ethanol; cleaning products; and yeast. It also produces clean and renewable energy from cane bagasse and straw.

Jalles Machado S/A Fundamentals Summary

How do Jalles Machado S/A's earnings and revenue compare to its market cap?
JALL3 fundamental statistics
Market CapR$2.22b
Earnings (TTM)R$387.91m
Revenue (TTM)R$1.45b

5.7x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
JALL3 income statement (TTM)
RevenueR$1.45b
Cost of RevenueR$693.74m
Gross ProfitR$755.33m
Other ExpensesR$367.43m
EarningsR$387.91m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)1.32
Gross Margin52.13%
Net Profit Margin26.77%
Debt/Equity Ratio97.8%

How did JALL3 perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

14%

Payout Ratio

Does JALL3 pay a reliable dividends?

See JALL3 dividend history and benchmarks
When do you need to buy JALL3 by to receive an upcoming dividend?
Jalles Machado S/A dividend dates
Ex Dividend DateJul 27 2022
Dividend Pay DateAug 25 2022
Days until Ex dividend21 days
Days until Dividend pay date50 days

Does JALL3 pay a reliable dividends?

See JALL3 dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is JALL3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for JALL3?

Other financial metrics that can be useful for relative valuation.

JALL3 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/Revenue2.2x
Enterprise Value/EBITDA2.9x
PEG Ratio0.3x

Price to Earnings Ratio vs Peers

How does JALL3's PE Ratio compare to its peers?

JALL3 PE Ratio vs Peers
The above table shows the PE ratio for JALL3 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average11.4x
CAML3 Camil Alimentos
8.1x9.3%R$3.9b
BEEF3 Minerva
18x26.8%R$8.2b
MRFG3 Marfrig Global Foods
2x-21.6%R$8.4b
MDIA3 M. Dias Branco Indústria e Comércio de Alimentos
17.6x18.8%R$9.3b
JALL3 Jalles Machado S/A
5.7x17.4%R$2.2b

Price-To-Earnings vs Peers: JALL3 is good value based on its Price-To-Earnings Ratio (5.7x) compared to the peer average (11.4x).


Price to Earnings Ratio vs Industry

How does JALL3's PE Ratio compare vs other companies in the South American Food Industry?

Price-To-Earnings vs Industry: JALL3 is good value based on its Price-To-Earnings Ratio (5.7x) compared to the BR Food industry average (8.4x)


Price to Earnings Ratio vs Fair Ratio

What is JALL3'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.

JALL3 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.7x
Fair PE Ratio11.2x

Price-To-Earnings vs Fair Ratio: JALL3 is good value based on its Price-To-Earnings Ratio (5.7x) compared to the estimated Fair Price-To-Earnings Ratio (11.2x).


Share Price vs Fair Value

What is the Fair Price of JALL3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: JALL3 (R$7.52) is trading below our estimate of fair value (R$12.24)

Significantly Below Fair Value: JALL3 is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: JALL3 is good value based on its PEG Ratio (0.3x)


Discover undervalued companies

Future Growth

How is Jalles Machado S/A forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


17.4%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JALL3's forecast earnings growth (17.4% per year) is above the savings rate (9.2%).

Earnings vs Market: JALL3's earnings (17.4% per year) are forecast to grow faster than the BR market (6.8% per year).

High Growth Earnings: JALL3's earnings are forecast to grow, but not significantly.

Revenue vs Market: JALL3's revenue (9% per year) is forecast to grow faster than the BR market (5.6% per year).

High Growth Revenue: JALL3's revenue (9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: JALL3's Return on Equity is forecast to be high in 3 years time (24.8%)


Discover growth companies

Past Performance

How has Jalles Machado S/A performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


36.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: JALL3 has high quality earnings.

Growing Profit Margin: JALL3's current net profit margins (26.8%) are higher than last year (15.7%).


Past Earnings Growth Analysis

Earnings Trend: JALL3's earnings have grown significantly by 36.2% per year over the past 5 years.

Accelerating Growth: JALL3's earnings growth over the past year (128.3%) exceeds its 5-year average (36.2% per year).

Earnings vs Industry: JALL3 earnings growth over the past year (128.3%) exceeded the Food industry 54%.


Return on Equity

High ROE: JALL3's Return on Equity (27.9%) is considered high.


Discover strong past performing companies

Financial Health

How is Jalles Machado S/A's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: JALL3's short term assets (R$2.0B) exceed its short term liabilities (R$736.0M).

Long Term Liabilities: JALL3's short term assets (R$2.0B) do not cover its long term liabilities (R$2.1B).


Debt to Equity History and Analysis

Debt Level: JALL3's net debt to equity ratio (8.3%) is considered satisfactory.

Reducing Debt: JALL3's debt to equity ratio has reduced from 279.8% to 97.8% over the past 5 years.

Debt Coverage: JALL3's debt is well covered by operating cash flow (47.6%).

Interest Coverage: JALL3's interest payments on its debt are well covered by EBIT (6.3x coverage).


Balance Sheet


Discover healthy companies

Dividend

What is Jalles Machado S/A current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.37%

Current Dividend Yield

Upcoming Dividend Payment

TodayJul 06 2022Ex Dividend DateJul 27 2022Dividend Pay DateAug 25 202229 days from Ex DividendBuy in the next 21 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: JALL3's dividend (2.37%) is higher than the bottom 25% of dividend payers in the BR market (1.75%).

High Dividend: JALL3's dividend (2.37%) is low compared to the top 25% of dividend payers in the BR market (7.98%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether JALL3's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if JALL3's dividend payments are increasing as they only just started paying a dividend.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (13.5%), JALL3's dividend payments are thoroughly covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (23.8%), JALL3's dividend payments are well covered by cash flows.


Discover strong dividend paying companies

Management

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


CEO

Otavio de Siqueira Filho

13.5yrs

Tenure

Mr. Otavio Lage de Siqueira Filho has been the Chief Executive Officer and Member of the Executive Board of Jalles Machado S/A since 2009 and serves as its Director. Previously Mr. de Siqueira Filho served...


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

Jalles Machado S/A's employee growth, exchange listings and data sources


Key Information

  • Name: Jalles Machado S/A
  • Ticker: JALL3
  • Exchange: BOVESPA
  • Founded: 1980
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Implied Market Cap: R$2.216b
  • Shares outstanding: 294.70m
  • Website: https://www.jallesmachado.com

Number of Employees


Location

  • Jalles Machado S/A
  • Fazenda SAo Pedro
  • Rodovia GO-080 - KM 185, s/n
  • Goianésia
  • Goiás
  • 76388-899
  • Brazil

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/05 00:00
End of Day Share Price2022/07/05 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.