BOVESPA:BTOW3

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B2W - Companhia Digital

Executive Summary

B2W - Companhia Digital engages in the e-commerce business through a digital platform in Brazil. More Details


Snowflake Analysis

Reasonable growth potential with adequate balance sheet.


Similar Companies

Share Price & News

How has B2W - Companhia Digital's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BTOW3 is more volatile than 75% of BR stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: BTOW3's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of BR stocks.


Market Performance


7 Day Return

16.2%

BTOW3

6.0%

BR Online Retail

-0.7%

BR Market


1 Year Return

19.3%

BTOW3

69.3%

BR Online Retail

0.8%

BR Market

Return vs Industry: BTOW3 underperformed the BR Online Retail industry which returned 69.3% over the past year.

Return vs Market: BTOW3 exceeded the BR Market which returned 0.8% over the past year.


Shareholder returns

BTOW3IndustryMarket
7 Day16.2%6.0%-0.7%
30 Day18.3%6.4%4.9%
90 Day3.6%8.7%16.8%
1 Year19.7%19.3%69.5%69.3%3.5%0.8%
3 Year347.6%340.9%84.2%79.6%54.4%37.8%
5 Year572.5%546.9%284.3%272.1%219.0%164.3%

Long-Term Price Volatility Vs. Market

How volatile is B2W - Companhia Digital's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is B2W - Companhia Digital undervalued compared to its fair value and its price relative to the market?

5.27x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: BTOW3 (R$89.86) is trading above our estimate of fair value (R$18.97)

Significantly Below Fair Value: BTOW3 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BTOW3 is unprofitable, so we can't compare its PE Ratio to the XX Online Retail industry average.

PE vs Market: BTOW3 is unprofitable, so we can't compare its PE Ratio to the BR market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BTOW3's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BTOW3 is overvalued based on its PB Ratio (5.3x) compared to the XX Online Retail industry average (4x).


Next Steps

Future Growth

How is B2W - Companhia Digital forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?

78.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BTOW3 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (9.9%).

Earnings vs Market: BTOW3 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: BTOW3's is expected to become profitable in the next 3 years.

Revenue vs Market: BTOW3's revenue (18.5% per year) is forecast to grow faster than the BR market (10.4% per year).

High Growth Revenue: BTOW3's revenue (18.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BTOW3's Return on Equity is forecast to be low in 3 years time (5.9%).


Next Steps

Past Performance

How has B2W - Companhia Digital performed over the past 5 years?

8.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BTOW3 is currently unprofitable.

Growing Profit Margin: BTOW3 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BTOW3 is unprofitable, but has reduced losses over the past 5 years at a rate of 8.9% per year.

Accelerating Growth: Unable to compare BTOW3's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BTOW3 is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (25.2%).


Return on Equity

High ROE: BTOW3 has a negative Return on Equity (-1.84%), as it is currently unprofitable.


Next Steps

Financial Health

How is B2W - Companhia Digital's financial position?


Financial Position Analysis

Short Term Liabilities: BTOW3's short term assets (R$12.4B) exceed its short term liabilities (R$5.0B).

Long Term Liabilities: BTOW3's short term assets (R$12.4B) exceed its long term liabilities (R$4.6B).


Debt to Equity History and Analysis

Debt Level: BTOW3's debt to equity ratio (52.6%) is considered high.

Reducing Debt: BTOW3's debt to equity ratio has reduced from 112.2% to 52.6% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: BTOW3 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if BTOW3 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is B2W - Companhia Digital current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BTOW3's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BTOW3's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BTOW3's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BTOW3's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: BTOW3 is not paying a notable dividend for the BR market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BTOW3's dividend in 3 years as they are not forecast to pay a notable one for the BR market.


Next Steps

Management

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

8.5yrs

Average management tenure


CEO

Márcio Meirelles

2.58yrs

Tenure

Mr. Márcio Cruz Meirelles serves as Member of the Executive Board Director of Lojas Americanas SA. Mr. Meirelles is President and CEO at B2W Companhia Digital since June 1, 2018 and its Member of Executive...


Leadership Team

NamePositionTenureCompensationOwnership
Márcio Meirelles
President2.58yrsno datano data
Fabio da Silva Abrate
CFO, Investor Relations Officer & Member of Executive Boardno datano datano data
Marcelo da Silva Nunes
CFO & Member of Executive Boardno datano datano data
José de Barros
COO & Member of Executive Board9.83yrsno datano data
Thiago Barreira
Commercial Director & Member of Executive Boardno datano datano data
Carlos Eduardo Padilha
COO & Member of Executive Board8.5yrsno datano data
Carlos de Lucca Fortes Gatto
COO & Member of Executive Boardno datano datano data
Jean Pierre Lessa e Ferreira
COO & Member of Executive Boardno datano datano data
Anna da Silva Sotero
Commercial Director & Member of Executive Boardno datano datano data
José Mauro de Barros
COO & Member of Executive Boardno datano datano data

8.5yrs

Average Tenure

Experienced Management: BTOW3's management team is seasoned and experienced (8.5 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 been diluted in the past year, with total shares outstanding growing by 7%.


Top Shareholders

Company Information

B2W - Companhia Digital's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: B2W - Companhia Digital
  • Ticker: BTOW3
  • Exchange: BOVESPA
  • Founded: 1999
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: R$48.988b
  • Shares outstanding: 559.86m
  • Website: https://ri.b2w.digital

Number of Employees


Location

  • B2W - Companhia Digital
  • 102, Sacadura Cabral street - Saúde
  • Rio de Janeiro
  • Rio de Janeiro
  • 20081-902
  • Brazil

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BTOW3BOVESPA (Bolsa de Valores de Sao Paulo)YesCommon SharesBRBRLAug 2007
BTOO.YOTCPK (Pink Sheets LLC)SPON GDR REG SUSUSDAug 2007

Biography

B2W - Companhia Digital engages in the e-commerce business through a digital platform in Brazil. The company is involved in the e-commerce and marketplace business through the Americanas.com, Submarino, So...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/21 22:00
End of Day Share Price2021/01/21 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.