BRFS N Stock Overview

BRF S.A. raises, produces, and slaughters poultry and pork for processing, production, and sale of fresh meat, processed products, pasta, margarine, pet food, and other products. More details

BRFS N fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	2/6
Financial Health	5/6
Dividends	2/6

Rewards

Trading at 39.6% below our estimate of its fair value

Became profitable this year

Risk Analysis

Shares are highly illiquid

Earnings are forecast to decline by an average of 23.5% per year for the next 3 years

Unstable dividend track record

Has a high level of debt

My Notes

Capture your thoughts, links and company narrative

BRF S.A. Competitors

Gruma. de

BMV:GRUMA B

Mex$117.3b

Grupo Bimbo. de

BMV:BIMBO A

Mex$230.0b

Grupo Herdez. de

BMV:HERDEZ *

Mex$17.9b

Accel. de

BMV:ACCELSA B

Mex$4.3b

Price History & Performance

Summary of share price highs, lows and changes for BRF
Historical stock prices
Current Share Price	R$92.00
52 Week High	R$92.50
52 Week Low	R$54.00
Beta	1.16
1 Month Change	0%
3 Month Change	9.52%
1 Year Change	103.54%
3 Year Change	10.18%
5 Year Change	-33.32%
Change since IPO	31.13%

Recent updates

Shareholder Returns

	BRFS N	MX Food	MX Market
7D	0%	0.5%	1.0%
1Y	103.5%	12.0%	-8.6%

Return vs Industry: BRFS N exceeded the MX Food industry which returned 10.6% over the past year.

Return vs Market: BRFS N exceeded the MX Market which returned -9.4% over the past year.

Price Volatility

Is BRFS N's price volatile compared to industry and market?
BRFS N volatility
BRFS N Average Weekly Movement	n/a
Food Industry Average Movement	5.2%
Market Average Movement	3.9%
10% most volatile stocks in MX Market	6.8%
10% least volatile stocks in MX Market	2.7%

Stable Share Price: BRFS N's share price has been volatile over the past 3 months compared to the MX market.

Volatility Over Time: Insufficient data to determine BRFS N's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1934	100,000	Miguel de Souza Gularte	www.brf-global.com

BRF S.A. raises, produces, and slaughters poultry and pork for processing, production, and sale of fresh meat, processed products, pasta, margarine, pet food, and other products. The company provides frozen whole and cut chicken, frozen pork, and turkey, and halal products for Islamic markets; processed foods, such as marinated, frozen, seasoned whole, and cut chicken, roosters, sausages, ham products, bologna, frankfurters, salamis, bacons, cold meats, and other smoked products; and hamburgers, steaks, breaded meat products, kibbeh, and meatballs, as well as chicken sausages, hot dogs, and chicken bologna. It produces and sells lasagna, macaroni and cheese, pies, ready-to-eat meals, pizzas, and other frozen foods; plant-based products, such as nuggets, pies, vegetables, and burgers; frozen desserts and cheese bread; margarine, butter, cream cheese, sweet specialties, sandwiches, and pate, as well as soy meal, refined soy flour, animal feed, pet food and hatcheries.

BRF S.A. Fundamentals Summary

How do BRF's earnings and revenue compare to its market cap?
BRFS N fundamental statistics
Market cap	Mex$122.17b
Earnings (TTM)	Mex$11.21b
Revenue (TTM)	Mex$199.75b

10.9x

P/E Ratio

0.6x

P/S Ratio

Is BRFS N overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
BRFS N income statement (TTM)
Revenue	R$58.26b
Cost of Revenue	R$43.70b
Gross Profit	R$14.56b
Other Expenses	R$11.29b
Earnings	R$3.27b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 26, 2025

Earnings per share (EPS)	2.00
Gross Margin	24.99%
Net Profit Margin	5.61%
Debt/Equity Ratio	110.7%

How did BRFS N perform over the long term?

See historical performance and comparison

Dividends

2.7%

Current Dividend Yield

n/a

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/22 06:03
End of Day Share Price	2024/11/06 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

BRF S.A. is covered by 34 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Benjamin Theurer	Barclays
Gabriel Vaz de Lima	Barclays
Georgia Jorge	BB Banco de Investimento S.A.