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Linx

NYSE:LINX
Snowflake Description

Excellent balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LINX
NYSE
R$6B
Market Cap
  1. Home
  2. US
  3. Software
Company description

Linx S.A., through its subsidiaries, provides management software solutions for the retail market in Brazil and internationally. The last earnings update was 2 days ago. More info.


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LINX Share Price and Events
7 Day Returns
-11.3%
NYSE:LINX
-4.9%
US Software
-3.1%
US Market
1 Year Returns
-
NYSE:LINX
16.6%
US Software
-1.7%
US Market
LINX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Linx (LINX) -11.3% -16.5% - - - -
US Software -4.9% -5.5% -0.5% 16.6% 104.2% 140.2%
US Market -3.1% -5.3% -1.2% -1.7% 28.2% 35%
1 Year Return vs Industry and Market
  • No trading data on LINX.
  • No trading data on LINX.
Price Volatility
LINX
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Linx's competitors could be found in our database.

LINX Value

 Is Linx undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Linx to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Linx.

NYSE:LINX Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 10 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.3%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NYSE:LINX
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Software Unlevered Beta Simply Wall St/ S&P Global 1.11
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.115 (1 + (1- 34%) (5.57%))
1.104
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.104 * 5.96%)
9.31%

Discounted Cash Flow Calculation for NYSE:LINX using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Linx is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

NYSE:LINX DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (BRL, Millions) Source Present Value
Discounted (@ 9.31%)
2020 130.50 Analyst x2 119.38
2021 156.50 Analyst x2 130.97
2022 231.00 Analyst x1 176.85
2023 286.00 Analyst x1 200.30
2024 330.97 Est @ 15.72% 212.05
2025 370.10 Est @ 11.82% 216.92
2026 403.77 Est @ 9.1% 216.49
2027 432.78 Est @ 7.19% 212.28
2028 458.10 Est @ 5.85% 205.55
2029 480.61 Est @ 4.91% 197.28
Present value of next 10 years cash flows R$1,888.07
NYSE:LINX DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= R$480.61 × (1 + 2.73%) ÷ (9.31% – 2.73%)
R$7,500.36
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= R$7,500.36 ÷ (1 + 9.31%)10
R$3,078.74
NYSE:LINX Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= R$1,888.07 + R$3,078.74
R$4,966.81
Equity Value per Share
(BRL)
= Total value / Shares Outstanding
= R$4,966.81 / 191.58
R$25.93
NYSE:LINX Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in NYSE:LINX represents 0.24744x of BOVESPA:LINX3
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.24744x
Value per Share
(Listing Adjusted, USD)
= Value per Share (BRL) x Listing Adjustment Factor
= R$ 25.93 x 0.24744
$6.41
Value per share (USD) From above. $6.41
Current discount Discount to share price of $7.72
= -1 x ($7.72 - $6.41) / $6.41
-20.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Linx is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Linx's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Linx's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NYSE:LINX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in BRL R$0.35
BOVESPA:LINX3 Share Price ** BOVESPA (2019-08-16) in BRL R$31.2
United States of America Software Industry PE Ratio Median Figure of 83 Publicly-Listed Software Companies 47.7x
United States of America Market PE Ratio Median Figure of 3,093 Publicly-Listed Companies 17.02x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Linx.

NYSE:LINX PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BOVESPA:LINX3 Share Price ÷ EPS (both in BRL)

= 31.2 ÷ 0.35

89.68x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Linx is overvalued based on earnings compared to the US Software industry average.
  • Linx is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Linx's expected growth come at a high price?
Raw Data
NYSE:LINX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 89.68x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts
35.1%per year
United States of America Software Industry PEG Ratio Median Figure of 68 Publicly-Listed Software Companies 2.85x
United States of America Market PEG Ratio Median Figure of 2,115 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

NYSE:LINX PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 89.68x ÷ 35.1%

2.55x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Linx is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Linx's assets?
Raw Data
NYSE:LINX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in BRL R$11.70
BOVESPA:LINX3 Share Price * BOVESPA (2019-08-16) in BRL R$31.2
United States of America Software Industry PB Ratio Median Figure of 228 Publicly-Listed Software Companies 5.64x
United States of America Market PB Ratio Median Figure of 5,261 Publicly-Listed Companies 1.67x
NYSE:LINX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BOVESPA:LINX3 Share Price ÷ Book Value per Share (both in BRL)

= 31.2 ÷ 11.70

2.67x

* Primary Listing of Linx.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Linx is good value based on assets compared to the US Software industry average.
X
Value checks
We assess Linx's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. Linx has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

LINX Future Performance

 How is Linx expected to perform in the next 1 to 3 years based on estimates from 10 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
35.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Linx expected to grow at an attractive rate?
  • Linx's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Linx's earnings growth is expected to exceed the United States of America market average.
  • Linx's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NYSE:LINX Future Growth Rates Data Sources
Data Point Source Value (per year)
NYSE:LINX Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 10 Analysts 35.1%
NYSE:LINX Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 10 Analysts 19%
United States of America Software Industry Earnings Growth Rate Market Cap Weighted Average 15.6%
United States of America Software Industry Revenue Growth Rate Market Cap Weighted Average 11.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NYSE:LINX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
All numbers in BRL Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NYSE:LINX Future Estimates Data
Date (Data in BRL Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 1,464 320 1
2022-12-31 1,479 276 3
2021-12-31 1,205 245 203 8
2020-12-31 953 265 138 10
2019-12-31 779 168 78 7
NYSE:LINX Past Financials Data
Date (Data in BRL Millions) Revenue Cash Flow Net Income *
2019-06-30 726 134 56
2019-03-31 704 115 62
2018-12-31 686 98 71
2018-09-30 661 96 71
2018-06-30 631 102 82
2018-03-31 596 112 85
2017-12-31 572 107 85
2017-09-30 546 85 86
2017-06-30 525 90 84
2017-03-31 511 87 80
2016-12-31 495 82 69
2016-09-30 484 88 66

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Linx's earnings are expected to grow significantly at over 20% yearly.
  • Linx's revenue is expected to grow by 19% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NYSE:LINX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below

All data from Linx Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:LINX Future Estimates Data
Date (Data in BRL Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31 1.35 1.35 1.35 1.00
2021-12-31 1.11 1.45 0.80 5.00
2020-12-31 0.81 0.94 0.54 6.00
2019-12-31 0.56 0.69 0.45 6.00
NYSE:LINX Past Financials Data
Date (Data in BRL Millions) EPS *
2019-06-30 0.35
2019-03-31 0.38
2018-12-31 0.44
2018-09-30 0.44
2018-06-30 0.50
2018-03-31 0.52
2017-12-31 0.52
2017-09-30 0.52
2017-06-30 0.52
2017-03-31 0.52
2016-12-31 0.46
2016-09-30 0.46

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Linx is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Linx's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Linx has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

LINX Past Performance

  How has Linx performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Linx's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Linx's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Linx's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Linx's 1-year earnings growth is negative, it can't be compared to the US Software industry average.
Earnings and Revenue History
Linx's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Linx Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NYSE:LINX Past Revenue, Cash Flow and Net Income Data
Date (Data in BRL Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 725.86 55.90 366.69 77.76
2019-03-31 703.95 61.78 344.08 75.69
2018-12-31 685.56 71.06 329.38 73.53
2018-09-30 660.90 70.91 304.91 71.14
2018-06-30 631.23 81.53 281.72 67.99
2018-03-31 595.91 84.59 267.61 64.51
2017-12-31 571.59 84.85 263.26 64.28
2017-09-30 546.21 85.75 250.71 62.90
2017-06-30 524.95 84.08 239.92 60.84
2017-03-31 510.62 80.16 226.37 60.84
2016-12-31 494.58 68.50 214.80 59.89
2016-09-30 484.33 66.19 207.25 60.64
2016-06-30 474.46 65.69 200.81 60.29
2016-03-31 462.13 63.82 194.21 59.12
2015-12-31 449.18 63.82 189.55 57.82
2015-09-30 430.02 63.54 180.36 55.51
2015-06-30 409.88 69.61 171.68 51.82
2015-03-31 391.07 68.86 163.17 47.40
2014-12-31 368.81 67.58 154.03 44.01
2014-09-30 346.59 70.29 144.48 40.64
2014-06-30 330.13 65.16 138.52 38.13
2014-03-31 314.51 64.32 132.57 36.31
2013-12-31 295.45 62.41 125.35 32.93
2013-09-30 278.24 50.89 118.56 29.36
2013-06-30 261.28 41.07 112.17 26.84
2013-03-31 243.16 26.67 110.45 26.46
2012-12-31 230.99 22.03 104.06 24.68
2012-09-30 224.48 25.26 100.47 25.27

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Linx has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Linx used its assets less efficiently than the US Software industry average last year based on Return on Assets.
  • Linx's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Linx's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Linx has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

LINX Health

 How is Linx's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Linx's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Linx is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Linx's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Linx's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 5.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Linx Company Filings, last reported 1 month ago.

NYSE:LINX Past Debt and Equity Data
Date (Data in BRL Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 1,875.32 333.13 1,125.41
2019-03-31 1,076.52 240.62 49.95
2018-12-31 1,057.21 249.98 49.85
2018-09-30 1,116.85 113.61 46.85
2018-06-30 1,156.64 123.83 45.60
2018-03-31 1,160.96 132.37 48.75
2017-12-31 1,170.52 97.29 42.92
2017-09-30 1,164.60 106.71 34.95
2017-06-30 1,159.40 116.14 614.74
2017-03-31 1,178.21 125.45 71.71
2016-12-31 1,153.28 130.77 646.41
2016-09-30 1,149.72 121.47 673.94
2016-06-30 697.12 123.80 248.91
2016-03-31 686.79 126.08 246.56
2015-12-31 665.24 128.34 243.88
2015-09-30 657.90 102.68 224.18
2015-06-30 653.10 105.34 290.93
2015-03-31 636.83 107.85 280.58
2014-12-31 634.18 72.18 255.01
2014-09-30 619.71 38.78 283.56
2014-06-30 606.31 41.87 281.15
2014-03-31 601.04 45.13 342.48
2013-12-31 586.37 45.64 335.33
2013-09-30 582.95 46.10 364.96
2013-06-30 564.04 42.45 353.54
2013-03-31 554.99 44.47 356.13
2012-12-31 233.44 90.15 47.73
2012-09-30 237.59 28.44 27.84
  • Linx's level of debt (13%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (6.9% vs 13% today).
  • Debt is well covered by operating cash flow (55.3%, greater than 20% of total debt).
  • Linx earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Linx's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Linx has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

LINX Dividends

 What is Linx's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.81%
Current annual income from Linx dividends. Estimated to be 1.2% next year.
If you bought $2,000 of Linx shares you are expected to receive $16 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Linx's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.5%).
  • Linx's dividend is below the markets top 25% of dividend payers in United States of America (3.9%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NYSE:LINX Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 10 Analyst Estimates (S&P Global) See Below
United States of America Software Industry Average Dividend Yield Market Cap Weighted Average of 22 Stocks 1.4%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2009 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NYSE:LINX Future Dividends Estimate Data
Date (Data in R$) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.50 5.00
2020-12-31 0.39 7.00
2019-12-31 0.26 7.00
NYSE:LINX Past Annualized Dividends Data
Date (Data in R$) Dividend per share (annual) Avg. Yield (%)
2019-02-19 0.252 0.769
2018-02-19 0.244 1.163
2017-02-16 0.234 1.244
2016-02-18 0.228 1.338
2015-02-12 0.209 1.336
2014-02-13 0.217 1.310
2013-11-08 0.143 0.948
2013-11-07 0.143 1.038
2013-08-07 0.143 1.104
2013-05-24 0.042 0.346
2013-02-28 0.042 0.384

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Linx is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.
  • Linx is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Linx's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Linx's dividends as it is not paying a notable one for United States of America.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.4x coverage).
X
Income/ dividend checks
We assess Linx's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Linx afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Linx has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

LINX Management

 What is the CEO of Linx's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Alberto Menache
AGE 46
TENURE AS CEO 7.7 years
CEO Bio

Mr. Alberto Menache serves as the Chief Executive Officer of Linx S.A. since December 30, 2011 and also serves as its President. He has been Vice Chairman of the Board and Director at Linx S.A. since April 07, 2017 and April 03, 2013 respectively. Where Mr. Menache joined in 1991 as a Trainee. He serves as an Independent Director of Arco Platform Limited since August 2018. Mr. Menache serves as an Executive at Linx Sistemas. He serves as a Director of Linx Sistemas, Linx Telecomunicações Ltda., or Linx Telecomunicações, and Linx Serviços de Gerenciamento de Redes Ltda., or Linx Serviços.

CEO Compensation
  • Insufficient data for Alberto to compare compensation growth.
  • Insufficient data for Alberto to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Linx management team in years:

1.8
Average Tenure
46.5
Average Age
  • The average tenure for the Linx management team is less than 2 years, this suggests a new team.
Management Team

Nércio José Fernandes

TITLE
Chairman & Advisor
AGE
56
TENURE
7.7 yrs

Alberto Menache

TITLE
CEO & Vice Chairman of the Board
AGE
46
TENURE
7.7 yrs

Pedro Holmes Moreira

TITLE
CFO & VP of Finance
AGE
47
TENURE
1.8 yrs

Jean Klaumann

TITLE
Vice President of Operations
AGE
44
TENURE
6.5 yrs

Gilsinei Hansen

TITLE
Vice President of Operations
AGE
46
TENURE
0.6 yrs

Ney Santos

TITLE
VP of Technology & Member of Executive Board
AGE
52
TENURE
0.6 yrs

Alexandre Kelemen

TITLE
Investor Relations Officer
TENURE
0.6 yrs

Flávio Menezes

TITLE
Vice President of Marketing & Human Resource
AGE
48
TENURE
2.3 yrs

Dennis Herszkowicz

TITLE
Executive Vice President
AGE
45
TENURE
1.8 yrs

Denis Piovezan

TITLE
Executive Director
Board of Directors Tenure

Average tenure and age of the Linx board of directors in years:

4.5
Average Tenure
56
Average Age
  • The tenure for the Linx board of directors is about average.
Board of Directors

Alberto Menache

TITLE
CEO & Vice Chairman of the Board
AGE
46

Alon Dayan

TITLE
Director
AGE
58
TENURE
6.3 yrs

Nércio José Fernandes

TITLE
Chairman & Advisor
AGE
56

João Cox

TITLE
Independent Director
AGE
56
TENURE
4.5 yrs

Roger de Barbosa Ingold

TITLE
Independent Director
AGE
61
TENURE
3.3 yrs

Flavio Maia Luz

TITLE
Member of the Fiscal Council
AGE
68

João Adamo Junior

TITLE
Member of the Fiscal Council
AGE
50

Marcelo Morães

TITLE
Member of the Fiscal Council
AGE
52
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Linx's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Linx has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

LINX News

Simply Wall St News

LINX Company Info

Description

Linx S.A., through its subsidiaries, provides management software solutions for the retail market in Brazil and internationally. It offers enterprise resource planning, and point of sale or point of service (POS) management software; and connectivity, electronic fund transfer, e-commerce, and customer relationship management solutions. The company also provides telecommunication services, such as transmission of voice, data, image, and sound through services of network and circuit, telephony, and other systems, including the Internet. In addition, it offers technical support, advisory, and training services. Further, the company provides online services; and cloud and online media platforms, as well as develops and sells POS, automation software, and electronic means of payment solutions, as well as promotion engine for retail chains in the principal Latin American markets. It offers its solutions to aesthetics and health, bookstores and gift shops, dealerships, drugstores, fashion and accessories, food service, gas stations and convenience stores, mega stores, perfumery and cosmetics, retail services, teaching and education, and telephony markets. The company was formerly known as LMI S.A. and changed its name to Linx S.A. in September 2004. Linx S.A. was founded in 1985 and is based in Sao Paulo, Brazil.

Details
Name: Linx S.A.
LINX
Exchange: NYSE
Founded: 1985
R$1,496,805,007
191,581,446
Website: http://www.linx.com.br
Address: Linx S.A.
Avenida Doutora Ruth Cardoso,
Sao Paulo,
São Paulo, 7221,
Brazil
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BOVESPA LINX3 Common Shares Bolsa de Valores de Sao Paulo BR BRL 08. Feb 2013
NYSE LINX SPONSORED ADS New York Stock Exchange US USD 26. Jun 2019
Number of employees
Current staff
Staff numbers
0
Linx employees.
Industry
Application Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/08/17 00:51
End of day share price update: 2019/08/16 00:00
Last estimates confirmation: 2019/08/15
Last earnings filing: 2019/08/15
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.