OTCPK:KLBA.Y

Stock Analysis Report

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Executive Summary

Klabin S.A., together with its subsidiaries, operates in the paper and pulp industry in Brazil. More Details


Snowflake Analysis

Reasonable growth potential unattractive dividend payer.


Similar Companies

Share Price & News

How has Klabin's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: KLBA.Y's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0.006%

KLBA.Y

5.5%

US Packaging

1.8%

US Market


1 Year Return

25.5%

KLBA.Y

9.0%

US Packaging

14.2%

US Market

Return vs Industry: KLBA.Y exceeded the US Packaging industry which returned 9% over the past year.

Return vs Market: KLBA.Y exceeded the US Market which returned 14.2% over the past year.


Shareholder returns

KLBA.YIndustryMarket
7 Day0.006%5.5%1.8%
30 Day-0.3%8.0%0.04%
90 Day20.4%15.8%9.8%
1 Year28.9%25.5%11.5%9.0%16.7%14.2%
3 Year-14.0%-22.4%15.6%7.4%41.6%32.2%
5 Year4.3%-11.0%71.4%49.7%90.9%69.5%

Price Volatility Vs. Market

How volatile is Klabin's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Klabin undervalued compared to its fair value and its price relative to the market?

9.77x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: KLBA.Y ($9.26) is trading above our estimate of fair value ($8.59)

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


Price To Earnings Ratio

PE vs Industry: KLBA.Y is unprofitable, so we can't compare its PE Ratio to the US Packaging industry average.

PE vs Market: KLBA.Y is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: KLBA.Y is overvalued based on its PB Ratio (9.8x) compared to the US Packaging industry average (3x).


Next Steps

Future Growth

How is Klabin forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

93.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KLBA.Y is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

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

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

Revenue vs Market: KLBA.Y's revenue (8.9% per year) is forecast to grow slower than the US market (9.7% per year).

High Growth Revenue: KLBA.Y's revenue (8.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: KLBA.Y's Return on Equity is forecast to be high in 3 years time (32.6%)


Next Steps

Past Performance

How has Klabin performed over the past 5 years?

-21.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KLBA.Y is currently unprofitable.

Growing Profit Margin: KLBA.Y is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: KLBA.Y is unprofitable, and losses have increased over the past 5 years at a rate of 21.6% per year.

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

Earnings vs Industry: KLBA.Y is unprofitable, making it difficult to compare its past year earnings growth to the Packaging industry (-8.7%).


Return on Equity

High ROE: KLBA.Y has a negative Return on Equity (-79.63%), as it is currently unprofitable.


Next Steps

Financial Health

How is Klabin's financial position?


Financial Position Analysis

Short Term Liabilities: KLBA.Y's short term assets (R$14.5B) exceed its short term liabilities (R$2.6B).

Long Term Liabilities: KLBA.Y's short term assets (R$14.5B) do not cover its long term liabilities (R$31.3B).


Debt to Equity History and Analysis

Debt Level: KLBA.Y's debt to equity ratio (909.1%) is considered high.

Reducing Debt: KLBA.Y's debt to equity ratio has increased from 208% to 909.1% over the past 5 years.

Debt Coverage: KLBA.Y's debt is not well covered by operating cash flow (11.9%).

Interest Coverage: KLBA.Y is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Klabin current dividend yield, its reliability and sustainability?

3.35%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: KLBA.Y's dividend (3.35%) is higher than the bottom 25% of dividend payers in the US market (1.66%).

High Dividend: KLBA.Y's dividend (3.35%) is low compared to the top 25% of dividend payers in the US market (4.65%).


Stability and Growth of Payments

Stable Dividend: KLBA.Y's dividend payments have been volatile in the past 10 years.

Growing Dividend: KLBA.Y's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: KLBA.Y is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

3.3yrs

Average management tenure


CEO

Cristiano Teixeira

3.33yrs

Tenure

Mr. Cristiano Cardoso Teixeira has been Chief Executive Officer of Klabin S.A. since May 3, 2017 and serves as it Member of Executive Board. Mr. Teixeira served as Chief Financial and Investor Relations Of ...


Leadership Team

NamePositionTenureCompensationOwnership
Cristiano Teixeira
CEO & Member of Executive Board3.33yrsno datano data
Marcos Paulo Ivo
Chief Financial & Investor Relations Officer and Member of Executive Board0.92yrno datano data
Francisco Razzolini
Director of Industrial Tech.no datano datano data
Arthur Canhisares
Industrial Paper Director & Member of Executive Boardno datano datano data
Fabio Medeiros
Director of Legal3.25yrsno datano data
Sergio de Toledo Piza
People & Corporate Services Directorno datano datano data
José Totti
Forestry Directorno datano datano data
José Soares
Commercial Director of Pulp12.67yrsno datano data
Douglas Dalmasi
Packaging Directorno datano datano data
Flávio Deganutti
Paper Business Director3.25yrsno datano data
Alexandre Nicolini
Executive Director of Pulp Business Unitno datano datano data

3.3yrs

Average Tenure

Experienced Management: KLBA.Y's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Armando Klabin
Directorno datano datano data
Daniel Klabin
Directorno datano datano data
Israel Klabin
Chairman of the Board1.25yrsno datano data
Roberto Luiz Klabin
Independent Directorno datano datano data
Vera Lafer
Directorno datano datano data
Paulo Sergio Coutinho Filho
Directorno datano datano data
Horacio Piva
Directorno datano datano data
Sergio Francisco de Carvalho Guimarães
Independent Director15.5yrsno datano data
Roberto Martins Xavier
Directorno datano datano data
Camilo Junior
Director0.083yrno datano data
Jose de Salles Freire
Independent Director1.67yrsno datano data
Mauro Gentile da Cunha
Independent Director1.67yrsno datano data

1.7yrs

Average Tenure

Experienced Board: KLBA.Y's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.


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 2.8%.


Top Shareholders

Company Information

Klabin S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Klabin S.A.
  • Ticker: KLBA.Y
  • Exchange: OTCPK
  • Founded: 1899
  • Industry: Paper Packaging
  • Sector: Materials
  • Market Cap: R$27.877b
  • Listing Market Cap: R$5.312b
  • Shares outstanding: 5.42b
  • Website: https://www.klabin.com.br

Number of Employees


Location

  • Klabin S.A.
  • Avenida Brigadeiro Faria Lima, 3600
  • 3rd, 4th and 5th Floors
  • São Paulo
  • São Paulo
  • 04538-132
  • Brazil

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KLBA.YOTCPK (Pink Sheets LLC)SPON ADR RP 2 UTUSUSDJan 1995
KLBN4BOVESPA (Bolsa de Valores de Sao Paulo)YesPreferred SharesBRBRLOct 2001
KLBN3BOVESPA (Bolsa de Valores de Sao Paulo)Common SharesBRBRLJan 2002
KLBN11BOVESPA (Bolsa de Valores de Sao Paulo)UnitsBRBRLJan 2014

Biography

Klabin S.A., together with its subsidiaries, operates in the paper and pulp industry in Brazil. It operates through Forestry, Paper, Conversion, and Pulp segments. The Forestry segment plants and grows pin ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/18 05:47
End of Day Share Price2020/09/15 00:00
Earnings2020/06/30
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.