Sendas Distribuidora S.A.

OTCPK:ASAI.Y Stock Report

Market Cap: US$2.3b

Sendas Distribuidora Past Earnings Performance

Past criteria checks 0/6

Sendas Distribuidora's earnings have been declining at an average annual rate of -22.3%, while the Consumer Retailing industry saw earnings growing at 15.7% annually. Revenues have been growing at an average rate of 15% per year. Sendas Distribuidora's return on equity is 11.9%, and it has net margins of 0.9%.

Key information

-22.34%

Earnings growth rate

-26.90%

EPS growth rate

Consumer Retailing Industry Growth10.91%
Revenue growth rate14.97%
Return on equity11.89%
Net Margin0.90%
Next Earnings Update06 Aug 2026

Recent past performance updates

Recent updates

Seeking Alpha • Sep 07

Sendas Distribuidora Q2: High Leverage Overshadows Profitability

Summary Despite improved margins from cost control and store maturation, the company's high leverage remains a concern, impacting profitability. Valuation shows a potential downside of 6.7%, making the shares unattractive; however, a potential merger with Grupo Mateus could alter the outlook. Overall, advise waiting for further deleveraging and developments regarding the merger before making any changes to the investment position. Read the full article on Seeking Alpha
Seeking Alpha • May 28

Sendas Distribuidora: The Costco Of Brazil

Summary Assai is the second largest grocery player in Brazil's cash and carry segment, with significant growth potential. The company has been aggressively increasing its store count and expects continued organic store growth. Profitability has been impacted by investments in store conversions and store openings, but is expected to improve as the stores mature and SG&A costs decrease. Read the full article on Seeking Alpha
Seeking Alpha • Oct 16

Sendas Distribuidora: A Pre-Q3 Buy Opportunity

Summary Assaí Atacadista is about to release its Q3 results amid challenges from food disinflation and high-interest rates, but it has managed them well compared to peers. The company is expected to benefit from improving economic conditions, with lower interest rates on the horizon, potentially leading to a 41% upside. With its resilience and firm performance in the Brazilian cash and carry sector, Assaí stock presents an attractive investment opportunity. Read the full article on Seeking Alpha
Seeking Alpha • Aug 03

Sendas Distribuidora: Maintaining A Neutral Stance Amidst Brazilian Disinflation

Summary Sendas Distribuidora (Assaí Atacadista) is a leading company in the Brazilian cash and carry wholesale market with operational autonomy after its spin-off in 2021. Despite challenges from falling commodity prices, Assaí Atacadista has shown resilience compared to its domestic competitors as recently reported its second-quarter results. Given the current macroeconomic pressures, such as disinflation and high-interest rates in Brazil, I find the company's above-industry-average valuation less attractive. Read the full article on Seeking Alpha
Seeking Alpha • May 23

Sendas Distribuidora S.A.: Checkout This Brazilian Grocery Chain

Summary ASAI is generating strong growth during an accelerated expansion phase. The company may benefit from a resilient Brazilian economy and solid consumer spending trends. ASAI looks interesting following the recent selloff. Read the full article on Seeking Alpha
Seeking Alpha • Feb 15

Sendas Distribuidora reports Q4 2022 results

Sendas Distribuidora press release (NYSE:ASAI): Q4 adj. EBITDA of R$1.17B (+28.5 Y/Y). Revenue of R$15.95B (+38.0% Y/Y). Same store sales growth of 10.5%.
Seeking Alpha • Jul 27

Sendas Distribuidora reports Q2 results

Sendas Distribuidora press release (NYSE:ASAI): Q2 Net Income of R$319M (+21% Y/Y). Revenue of R$14.5B (+33% Y/Y). Adjusted EBITDA strongly improved by 30%, reaching R$978M with margin of 7.4%

Revenue & Expenses Breakdown

How Sendas Distribuidora makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCPK:ASAI.Y Revenue, expenses and earnings (BRL Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2677,3937007,2840
31 Dec 2577,3074977,2750
30 Sep 2576,6739187,1390
30 Jun 2576,2809227,0820
31 Mar 2575,1498266,9910
31 Dec 2473,8197696,8730
30 Sep 2472,0776366,7210
30 Jun 2470,5166656,5690
31 Mar 2468,6296986,3510
31 Dec 2366,5037106,2420
30 Sep 2364,0368196,1660
30 Jun 2360,8669155,8620
31 Mar 2358,1731,0785,5810
31 Dec 2254,5201,2205,1660
30 Sep 2250,1221,3414,6640
30 Jun 2247,1351,5984,3690
31 Mar 2243,8931,5844,1260
31 Dec 2141,8981,6103,9220
30 Sep 2141,0551,9133,7850
30 Jun 2139,4601,7323,6300
31 Mar 2137,6531,5443,4250
31 Dec 2036,0431,3983,2460
30 Sep 2033,3248572,9820
31 Dec 1928,0821,0632,6250
31 Dec 1823,0171,0992,3350
31 Dec 1718,5445121,9220
31 Dec 1615,9233041,8420
31 Dec 154,3711429400

Quality Earnings: ASAI.Y has a large one-off loss of R$553.0M impacting its last 12 months of financial results to 31st March, 2026.

Growing Profit Margin: ASAI.Y's current net profit margins (0.9%) are lower than last year (1.1%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: ASAI.Y's earnings have declined by 22.3% per year over the past 5 years.

Accelerating Growth: ASAI.Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: ASAI.Y had negative earnings growth (-15.3%) over the past year, making it difficult to compare to the Consumer Retailing industry average (12.5%).

Return on Equity

High ROE: ASAI.Y's Return on Equity (11.9%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/07 06:45
End of Day Share Price 2026/07/07 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Sendas Distribuidora S.A. is covered by 21 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andréa AznarBB Banco de Investimento S.A.
Robert Ford AguilarBofA Global Research
Pedro PintoBradesco S.A. Corretora de Títulos e Valores Mobiliários