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AMER

Americanas BOVESPA:AMER3 Stock Report

Last Price

R$13.73

Market Cap

R$12.4b

7D

1.5%

1Y

-79.8%

Updated

24 Jun, 2022

Data

Company Financials +
AMER3 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance2/6
Financial Health3/6
Dividends2/6

AMER3 Stock Overview

Americanas S.A. operates in the e-commerce business in Brazil.

Americanas Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Americanas
Historical stock prices
Current Share PriceR$13.73
52 Week HighR$71.17
52 Week LowR$12.75
Beta1.25
1 Month Change-37.28%
3 Month Change-57.47%
1 Year Change-79.84%
3 Year Change-58.04%
5 Year Change17.35%
Change since IPO-83.94%

Recent News & Updates

Jun 02
When Should You Buy Americanas S.A. (BVMF:AMER3)?

When Should You Buy Americanas S.A. (BVMF:AMER3)?

While Americanas S.A. ( BVMF:AMER3 ) might not be the most widely known stock at the moment, it saw significant share...

Shareholder Returns

AMER3BR Online RetailBR Market
7D1.5%0.9%-0.8%
1Y-79.8%-80.4%-29.7%

Return vs Industry: AMER3 matched the BR Online Retail industry which returned -80.7% over the past year.

Return vs Market: AMER3 underperformed the BR Market which returned -31.2% over the past year.

Price Volatility

Is AMER3's price volatile compared to industry and market?
AMER3 volatility
AMER3 Average Weekly Movement8.6%
Online Retail Industry Average Movement8.6%
Market Average Movement5.9%
10% most volatile stocks in BR Market9.2%
10% least volatile stocks in BR Market2.8%

Stable Share Price: AMER3 is more volatile than 75% of BR stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: AMER3's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of BR stocks.

About the Company

FoundedEmployeesCEOWebsite
199910,781Miguel Gomes Pereira Gutierrezhttps://ri.americanas.com

Americanas S.A. operates in the e-commerce business in Brazil. It connects people, businesses, products, and services on the digital platform to offer various digital solutions. The company operates Americanas.com, an online store with various products in approximately 40 categories; Submarino, a digital brand in books, games, technology, and entertainment; Shoptime, a home shopping channel that offers bed, table, bath, small appliances, housewares, and sports and leisure products; Sou Barato, an outlet that offers repackaged products; Lojas Americanas; Americanas Express format; convenience stores; Ame Go, which allows customers to purchase products without a queue and without a checkout; and Americanas digital, a digital store that offers consumer electronics.

Americanas Fundamentals Summary

How do Americanas's earnings and revenue compare to its market cap?
AMER3 fundamental statistics
Market CapR$12.36b
Earnings (TTM)R$570.08m
Revenue (TTM)R$26.52b

21.7x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
AMER3 income statement (TTM)
RevenueR$26.52b
Cost of RevenueR$18.53b
Gross ProfitR$7.99b
Other ExpensesR$7.42b
EarningsR$570.08m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.63
Gross Margin30.11%
Net Profit Margin2.15%
Debt/Equity Ratio92.2%

How did AMER3 perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

89%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is AMER3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • 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 AMER3?

Other financial metrics that can be useful for relative valuation.

AMER3 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/Revenue0.9x
Enterprise Value/EBITDA14.2x
PEG Ratio0.5x

Price to Earnings Ratio vs Peers

How does AMER3's PE Ratio compare to its peers?

AMER3 PE Ratio vs Peers
The above table shows the PE ratio for AMER3 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average34.1x

Price-To-Earnings vs Peers: AMER3 is good value based on its Price-To-Earnings Ratio (21.7x) compared to the peer average (34.1x).


Price to Earnings Ratio vs Industry

How does AMER3's PE Ratio compare vs other companies in the Global Online Retail Industry?

Price-To-Earnings vs Industry: AMER3 is expensive based on its Price-To-Earnings Ratio (21.7x) compared to the Global Online Retail industry average (19x)


Price to Earnings Ratio vs Fair Ratio

What is AMER3'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.

AMER3 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio21.7x
Fair PE Ratio44.1x

Price-To-Earnings vs Fair Ratio: AMER3 is good value based on its Price-To-Earnings Ratio (21.7x) compared to the estimated Fair Price-To-Earnings Ratio (44.1x).


Share Price vs Fair Value

What is the Fair Price of AMER3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AMER3 (R$13.73) is trading above our estimate of fair value (R$3.16)

Significantly Below Fair Value: AMER3 is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: AMER3 is good value based on its PEG Ratio (0.5x)


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Future Growth

How is Americanas forecast to perform in the next 1 to 3 years based on estimates from 12 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


48.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AMER3's forecast earnings growth (48% per year) is above the savings rate (9.1%).

Earnings vs Market: AMER3's earnings (48% per year) are forecast to grow faster than the BR market (7.1% per year).

High Growth Earnings: AMER3's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AMER3's revenue (14.2% per year) is forecast to grow faster than the BR market (5.7% per year).

High Growth Revenue: AMER3's revenue (14.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AMER3's Return on Equity is forecast to be low in 3 years time (9.5%).


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Past Performance

How has Americanas performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


43.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: AMER3 has a high level of non-cash earnings.

Growing Profit Margin: AMER3 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: AMER3 has become profitable over the past 5 years, growing earnings by 43% per year.

Accelerating Growth: AMER3 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: AMER3 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Online Retail industry (-5.4%).


Return on Equity

High ROE: AMER3's Return on Equity (3.7%) is considered low.


Discover strong past performing companies

Financial Health

How is Americanas's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: AMER3's short term assets (R$20.4B) exceed its short term liabilities (R$11.6B).

Long Term Liabilities: AMER3's short term assets (R$20.4B) exceed its long term liabilities (R$16.9B).


Debt to Equity History and Analysis

Debt Level: AMER3's net debt to equity ratio (53.7%) is considered high.

Reducing Debt: AMER3's debt to equity ratio has reduced from 131.4% to 92.2% over the past 5 years.

Debt Coverage: AMER3's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: AMER3's interest payments on its debt are not well covered by EBIT (1.1x coverage).


Balance Sheet


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Dividend

What is Americanas's 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

  • Future Dividend Coverage


4.46%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: AMER3's dividend (4.46%) is higher than the bottom 25% of dividend payers in the BR market (1.74%).

High Dividend: AMER3's dividend (4.46%) is low compared to the top 25% of dividend payers in the BR market (7.74%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether AMER3's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if AMER3's dividend payments are increasing as they only just started paying a dividend.


Earnings Payout to Shareholders

Earnings Coverage: At its current payout ratio (89.4%), AMER3's payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: AMER3 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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


CEO

Miguel Gomes Pereira Gutierrez

no data

Tenure

Mr. Miguel Gomes Pereira Sarmiento Gutierrez is Chief Executive Officer, Member of Executive Board, Secretary and Investor Relations officer at Americanas S.A. He served as a Director of Americanas S.A. (f...


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

Americanas S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Americanas S.A.
  • Ticker: AMER3
  • Exchange: BOVESPA
  • Founded: 1999
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Implied Market Cap: R$12.355b
  • Shares outstanding: 899.86m
  • Website: https://ri.americanas.com

Number of Employees


Location

  • Americanas S.A.
  • 102, Sacadura Cabral street - SaUde
  • Rio De Janeiro
  • Rio de Janeiro
  • 20081-902
  • Brazil

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/03/31
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.