Análises
Indicadores
Liquidez, alavancagem, rentabilidade, capex, ciclo de caixa e mercado. Múltiplos de mercado por consenso de analistas (EV/EBITDA, Preço/Lucro projetados) não são publicados aqui — ver nota de metodologia no rodapé.
Janela
Liquidez
| Linha (R$ mil) | 1T12 | 2T12 | 3T12 | 4T12 | 1T13 | 2T13 | 3T13 | 4T13 | 1T14 | 2T14 | 3T14 | 4T14 | 1T15 | 2T15 | 3T15 | 4T15 | 1T16 | 2T16 | 3T16 | 4T16 | 1T17 | 2T17 | 3T17 | 4T17 | 1T18 | 2T18 | 3T18 | 4T18 | 1T19 | 2T19 | 3T19 | 4T19 | 1T20 | 2T20 | 3T20 | 4T20 | 1T21 | 2T21 | 3T21 | 4T21 | 1T22 | 2T22 | 3T22 | 4T22 | 1T23 | 2T23 | 3T23 | 4T23 | 1T24 | 2T24 | 3T24 | 4T24 | 1T25 | 2T25 | 3T25 | 4T25 | 1T26 | 2T26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Liquidez corrente? | 2,24x | 1,16x | 1,33x | 1,33x | 1,78x | 1,68x | 1,64x | 2,29x | 2,42x | 2,54x | 3,68x | 3,57x | 2,52x | 3,16x | 3,05x | 2,14x | 1,62x | 1,62x | 1,66x | 1,50x | 1,25x | 1,67x | 1,87x | 2,00x | 2,07x | 1,60x | 2,00x | 1,98x | 2,51x | 2,44x | 1,70x | 1,67x | 1,90x | 1,90x | 2,42x | 2,52x | 2,58x | 2,31x | 2,39x | 2,31x | 2,51x | 2,88x | 2,26x | 2,30x | 2,68x | 2,62x | 3,20x | 3,09x | 3,55x | 3,26x | 2,80x | 2,71x | 3,20x | 3,03x | 2,61x | 2,10x | 2,22x | 2,22x |
| Liquidez imediata? | 0,33x | 0,13x | 0,20x | 0,17x | 0,71x | 0,58x | 0,49x | 0,77x | 0,92x | 0,64x | 1,15x | 1,31x | 1,23x | 0,91x | 1,44x | 1,02x | 0,92x | 0,90x | 1,00x | 0,77x | 0,59x | 0,89x | 0,90x | 0,80x | 0,86x | 0,51x | 0,65x | 0,49x | 0,80x | 0,74x | 0,42x | 0,25x | 0,56x | 1,07x | 1,17x | 1,26x | 1,51x | 1,13x | 1,12x | 0,67x | 1,07x | 0,77x | 0,62x | 0,79x | 1,18x | 1,14x | 1,43x | 1,17x | 1,70x | 1,40x | 1,07x | 0,92x | 1,53x | 1,40x | 0,89x | 0,39x | 0,63x | 0,56x |
| Liquidez geral? | 0,87x | 0,87x | 0,90x | 0,91x | 0,94x | 0,93x | 0,91x | 0,91x | 0,91x | 1,04x | 1,00x | 1,00x | 1,00x | 0,98x | 0,95x | 0,93x | 0,91x | 0,91x | 0,92x | 0,96x | 0,96x | 1,97x | 1,03x | 1,18x | 1,21x | 1,21x | 1,20x | 1,23x | 1,10x | 1,04x | 1,19x | 1,21x | 1,26x | 1,23x | 1,35x | 1,41x | 1,37x | 1,46x | 1,53x | 1,55x | 1,67x | 1,79x | 1,83x | 1,78x | 1,86x | 1,85x | 1,86x | 1,87x | 1,98x | 1,91x | 1,89x | 1,88x | 1,98x | 1,99x | 1,90x | 1,45x | 1,55x | 1,57x |
Alavancagem
| Linha (R$ mil) | 1T12 | 2T12 | 3T12 | 4T12 | 1T13 | 2T13 | 3T13 | 4T13 | 1T14 | 2T14 | 3T14 | 4T14 | 1T15 | 2T15 | 3T15 | 4T15 | 1T16 | 2T16 | 3T16 | 4T16 | 1T17 | 2T17 | 3T17 | 4T17 | 1T18 | 2T18 | 3T18 | 4T18 | 1T19 | 2T19 | 3T19 | 4T19 | 1T20 | 2T20 | 3T20 | 4T20 | 1T21 | 2T21 | 3T21 | 4T21 | 1T22 | 2T22 | 3T22 | 4T22 | 1T23 | 2T23 | 3T23 | 4T23 | 1T24 | 2T24 | 3T24 | 4T24 | 1T25 | 2T25 | 3T25 | 4T25 | 1T26 | 2T26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dívida bruta? | 263.571 | 280.597 | 293.629 | 302.392 | 534.863 | 566.387 | 461.495 | 484.647 | 495.401 | 416.441 | 489.051 | 493.332 | 490.649 | 364.474 | 363.556 | 364.297 | 341.865 | 342.593 | 341.733 | 291.577 | 221.452 | 273.851 | 219.975 | 222.874 | 154.169 | 148.113 | 158.913 | 158.586 | 142.726 | 138.647 | 140.100 | 137.418 | 133.519 | 223.997 | 193.443 | 193.811 | 194.589 | 152.313 | 127.676 | 128.886 | 119.250 | 68.411 | 66.432 | 101.740 | 90.366 | 91.267 | 95.806 | 101.599 | 107.217 | 105.966 | 105.679 | 105.996 | 110.285 | 111.205 | 85.819 | 125.950 | 125.204 | 141.014 |
| Caixa e aplicações? | 61.323 | 54.203 | 80.554 | 66.743 | 302.799 | 287.281 | 185.415 | 204.448 | 221.474 | 179.882 | 186.093 | 227.857 | 306.960 | 131.505 | 206.751 | 214.259 | 232.693 | 219.216 | 241.918 | 192.858 | 126.013 | 183.030 | 145.307 | 148.732 | 125.466 | 90.689 | 97.964 | 83.542 | 107.994 | 106.775 | 112.108 | 67.332 | 125.940 | 286.503 | 247.793 | 260.387 | 304.909 | 244.529 | 221.421 | 147.128 | 210.504 | 119.723 | 137.242 | 190.299 | 242.048 | 237.038 | 258.630 | 232.539 | 299.796 | 282.802 | 264.126 | 241.335 | 339.197 | 347.151 | 245.664 | 113.860 | 184.189 | 196.923 |
| Dívida (caixa) líquido? | 202.248 | 226.394 | 213.075 | 235.649 | 232.064 | 279.106 | 276.080 | 280.199 | 273.927 | 236.559 | 302.958 | 265.475 | 183.689 | 232.969 | 156.805 | 150.038 | 109.172 | 123.377 | 99.815 | 98.719 | 95.439 | 90.821 | 74.668 | 74.142 | 28.703 | 57.424 | 60.949 | 75.044 | 34.732 | 31.872 | 27.992 | 70.086 | 7.579 | -62.506 | -54.350 | -66.576 | -110.320 | -92.216 | -93.745 | -18.242 | -91.254 | -51.312 | -70.810 | -88.559 | -151.682 | -145.771 | -162.824 | -130.940 | -192.579 | -176.836 | -158.447 | -135.339 | -228.912 | -235.946 | -159.845 | 12.090 | -58.985 | -55.909 |
| EBITDA ajustado / Juros de empréstimos? | 0,00x | 0,00x | 0,00x | 0,00x | 0,00x | 0,00x | 0,00x | 0,00x | 0,00x | 0,00x | 0,00x | 3,06x | 2,66x | 2,28x | 2,02x | 1,78x | 1,72x | 1,73x | 1,79x | 1,80x | 2,09x | 2,70x | 3,63x | 5,05x | 6,54x | 8,62x | 16,78x | 18,85x | 27,88x | 26,16x | 18,03x | -57,41x | -34,93x | -35,64x | -61,43x | -38,95x | 14,24x | 12,69x | 18,59x | 22,91x | 21,74x | 22,46x | 28,60x | 21,66x | 18,05x | 18,40x | 17,17x | 16,85x | 9,30x | 6,95x | 8,54x | 10,66x | 11,95x | 13,40x | 14,64x | 14,72x | 17,44x | 24,17x |
| Dívida bruta / EBITDA ajustado? | 0,00x | 0,00x | 0,00x | 1,70x | 3,41x | 3,71x | 3,06x | 3,15x | 3,02x | 2,59x | 3,18x | 2,93x | 3,02x | 2,57x | 2,99x | 3,68x | 3,83x | 3,86x | 3,76x | 3,28x | 2,33x | 2,57x | 1,79x | 1,65x | 1,08x | 0,92x | 0,90x | 0,79x | 0,63x | 0,57x | 0,46x | 0,43x | 0,45x | 0,92x | 0,81x | 0,83x | 0,95x | 0,77x | 0,56x | 0,59x | 0,61x | 0,34x | 0,26x | 0,35x | 0,30x | 0,28x | 0,27x | 0,30x | 0,33x | 0,30x | 0,25x | 0,23x | 0,24x | 0,22x | 0,16x | 0,26x | 0,29x | 0,28x |
| Dívida bruta / Patrimônio Líquido? | 0,70x | 0,81x | 0,84x | 0,85x | 1,38x | 1,59x | 1,18x | 1,32x | 1,28x | 1,11x | 1,43x | 1,41x | 1,33x | 0,98x | 0,98x | 1,00x | 0,94x | 0,95x | 0,93x | 0,78x | 0,58x | 0,68x | 0,55x | 0,50x | 0,33x | 0,33x | 0,35x | 0,33x | 0,28x | 0,27x | 0,25x | 0,25x | 0,26x | 0,42x | 0,31x | 0,31x | 0,30x | 0,23x | 0,19x | 0,19x | 0,17x | 0,10x | 0,09x | 0,13x | 0,11x | 0,11x | 0,12x | 0,12x | 0,12x | 0,12x | 0,12x | 0,12x | 0,11x | 0,11x | 0,09x | 0,14x | 0,14x | 0,14x |
| Dívida bruta / Market cap? | 0,15x | 0,17x | 0,16x | 0,16x | 0,28x | 0,38x | 0,35x | 0,39x | 0,42x | 0,33x | 0,41x | 0,45x | 0,58x | 0,41x | 0,91x | 1,35x | 1,32x | 1,01x | 0,63x | 0,57x | 0,33x | 0,32x | 0,21x | 0,17x | 0,10x | 0,11x | 0,12x | 0,10x | 0,08x | 0,08x | 0,07x | 0,07x | 0,07x | 0,19x | 0,12x | 0,12x | 0,13x | 0,10x | 0,10x | 0,12x | 0,12x | 0,07x | 0,06x | 0,07x | 0,08x | 0,07x | 0,06x | 0,06x | 0,06x | 0,06x | 0,06x | 0,05x | 0,05x | 0,05x | 0,04x | 0,05x | 0,05x | 0,07x |
| EBITDA ajustado / resultado financeiro (> 1,5)? | 0,00x | 0,00x | 0,00x | 5,35x | 4,78x | 6,45x | 4,63x | 3,95x | 3,97x | 3,17x | 3,47x | 3,65x | 3,72x | 3,57x | 3,42x | 3,00x | 2,62x | 2,53x | 2,42x | 2,98x | 3,75x | 6,83x | 16,05x | — | — | — | — | 21,98x | 24,87x | 21,96x | — | — | — | — | 17,00x | 17,75x | 16,08x | 31,45x | 41,29x | 53,56x | 229,31x | 75,31x | 157,77x | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Dívida líquida / EBITDA ajustado (< 2,5)? | 0,00x | 0,00x | 0,00x | 1,32x | 1,48x | 1,83x | 1,83x | 1,82x | 1,67x | 1,47x | 1,97x | 1,57x | 1,13x | 1,64x | 1,29x | 1,52x | 1,22x | 1,39x | 1,10x | 1,11x | 1,00x | 0,85x | 0,61x | 0,55x | 0,20x | 0,36x | 0,34x | 0,37x | 0,15x | 0,13x | 0,11x | 0,28x | 0,03x | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 0,02x | -0,14x | -0,11x |
Rentabilidade
| Linha (R$ mil) | 1T12 | 2T12 | 3T12 | 4T12 | 1T13 | 2T13 | 3T13 | 4T13 | 1T14 | 2T14 | 3T14 | 4T14 | 1T15 | 2T15 | 3T15 | 4T15 | 1T16 | 2T16 | 3T16 | 4T16 | 1T17 | 2T17 | 3T17 | 4T17 | 1T18 | 2T18 | 3T18 | 4T18 | 1T19 | 2T19 | 3T19 | 4T19 | 1T20 | 2T20 | 3T20 | 4T20 | 1T21 | 2T21 | 3T21 | 4T21 | 1T22 | 2T22 | 3T22 | 4T22 | 1T23 | 2T23 | 3T23 | 4T23 | 1T24 | 2T24 | 3T24 | 4T24 | 1T25 | 2T25 | 3T25 | 4T25 | 1T26 | 2T26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROA? | 0,0% | 0,0% | 0,0% | 9,8% | 7,9% | 7,0% | 6,3% | 5,8% | 6,0% | 6,3% | 6,3% | 7,9% | 8,5% | 7,4% | 6,3% | 3,0% | 2,3% | 2,4% | 2,6% | 4,5% | 5,3% | 5,8% | 6,8% | 9,2% | 9,8% | 12,0% | 13,5% | 13,1% | 14,1% | 14,2% | 17,3% | 16,8% | 15,5% | 11,3% | 7,4% | 6,5% | 6,6% | 9,0% | 7,8% | 7,5% | 7,0% | 7,6% | 10,4% | 12,1% | 13,0% | 13,1% | 12,5% | 12,0% | 12,0% | 13,1% | 15,2% | 17,5% | 17,6% | 17,4% | 16,7% | 14,5% | 14,6% | 15,9% |
| ROE? | 0,0% | 0,0% | 0,0% | 19,9% | 17,5% | 17,1% | 14,3% | 11,9% | 11,3% | 4,7% | -7,9% | -6,2% | -4,6% | -1,5% | 7,4% | 2,7% | 0,1% | -0,4% | -0,7% | 3,8% | 5,7% | 12,1% | 14,7% | 25,5% | 26,2% | 26,4% | 28,9% | 23,2% | 25,2% | 25,3% | 35,5% | 35,6% | 33,0% | 25,6% | 14,8% | 12,1% | 12,0% | 16,2% | 16,5% | 16,3% | 15,7% | 16,4% | 18,7% | 22,0% | 23,3% | 23,8% | 23,6% | 22,3% | 22,2% | 24,4% | 27,1% | 30,3% | 30,2% | 29,7% | 28,6% | 25,5% | 25,3% | 27,0% |
| ROIC (A/B)? | — | — | — | — | 18,1% | 16,7% | 15,1% | 14,1% | 14,0% | 14,6% | 14,3% | 17,9% | 20,1% | 16,8% | 14,9% | 7,2% | 5,7% | 6,4% | 7,2% | 12,5% | 13,9% | 15,0% | 16,9% | 22,0% | 23,6% | 28,1% | 30,8% | 28,9% | 30,7% | 31,3% | 38,3% | 37,1% | 33,8% | 25,9% | 17,5% | 16,3% | 17,7% | 23,5% | 20,3% | 18,4% | 16,3% | 16,6% | 21,9% | 25,6% | 27,5% | 28,7% | 28,4% | 27,4% | 27,5% | 30,1% | 34,7% | 39,5% | 39,6% | 39,2% | 37,3% | 31,3% | 29,9% | 31,8% |
| NOPAT (soma 4 trimestres) (A)? | 0 | 0 | 0 | 0 | 88 | 83 | 78 | 73 | 73 | 74 | 70 | 86 | 90 | 75 | 62 | 28 | 21 | 22 | 23 | 39 | 43 | 47 | 53 | 72 | 78 | 93 | 105 | 101 | 113 | 119 | 155 | 158 | 149 | 113 | 74 | 66 | 68 | 93 | 81 | 78 | 72 | 77 | 107 | 126 | 138 | 144 | 142 | 139 | 142 | 159 | 190 | 224 | 230 | 236 | 229 | 198 | 200 | 223 |
| Capital empregado (média 4 trimestres) (B)? | 0 | 0 | 0 | 0 | 484 | 499 | 515 | 520 | 524 | 504 | 492 | 478 | 447 | 445 | 414 | 386 | 366 | 336 | 321 | 310 | 311 | 313 | 316 | 328 | 329 | 331 | 340 | 350 | 368 | 381 | 405 | 426 | 440 | 435 | 425 | 403 | 386 | 396 | 398 | 424 | 442 | 465 | 488 | 492 | 502 | 502 | 500 | 506 | 514 | 528 | 547 | 568 | 582 | 602 | 613 | 634 | 671 | 702 |
| EVA (WACC= 17%)? | 0 | 0 | 0 | 0 | 5 | -2 | -10 | -15 | -10 | -6 | -8 | 10 | 14 | -1 | -9 | -33 | -37 | -31 | -27 | -14 | -10 | 4 | 13 | 15 | 20 | 25 | 35 | 53 | 62 | 67 | 62 | 54 | 45 | 9 | 6 | 3 | 6 | 25 | 14 | 1 | -8 | -3 | 26 | 43 | 54 | 60 | 53 | 53 | 54 | 74 | 101 | 132 | 136 | 138 | 129 | 95 | 91 | 109 |
| EVA (WACC=12%)? | 0 | 0 | 0 | 0 | 30 | 23 | 16 | 11 | 16 | 19 | 17 | 34 | 36 | 21 | 12 | -14 | -19 | -14 | -11 | 2 | 6 | 19 | 29 | 31 | 36 | 41 | 52 | 71 | 81 | 86 | 82 | 75 | 67 | 31 | 27 | 23 | 25 | 45 | 33 | 22 | 14 | 20 | 51 | 68 | 79 | 85 | 78 | 78 | 80 | 101 | 129 | 161 | 165 | 168 | 160 | 127 | 125 | 144 |
Capex
| Linha (R$ mil) | 1T12 | 2T12 | 3T12 | 4T12 | 1T13 | 2T13 | 3T13 | 4T13 | 1T14 | 2T14 | 3T14 | 4T14 | 1T15 | 2T15 | 3T15 | 4T15 | 1T16 | 2T16 | 3T16 | 4T16 | 1T17 | 2T17 | 3T17 | 4T17 | 1T18 | 2T18 | 3T18 | 4T18 | 1T19 | 2T19 | 3T19 | 4T19 | 1T20 | 2T20 | 3T20 | 4T20 | 1T21 | 2T21 | 3T21 | 4T21 | 1T22 | 2T22 | 3T22 | 4T22 | 1T23 | 2T23 | 3T23 | 4T23 | 1T24 | 2T24 | 3T24 | 4T24 | 1T25 | 2T25 | 3T25 | 4T25 | 1T26 | 2T26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Manutenção & Benfeitorias gerais | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.329 | 6.848 | 3.604 | 4.632 | 6.223 | 3.532 | 2.515 | 2.703 | 2.510 | 2.225 | 1.203 | 1.736 | 2.522 | 3.690 | 3.298 | 2.843 | 1.421 | 2.109 | 2.055 | 3.383 | 991 | 3.747 | 2.713 | 2.936 | 1.365 | 1.517 | 3.479 | 2.675 | 1.428 | 3.155 | 1.791 | 3.713 | 1.842 | 2.276 | 2.638 | 5.139 | 2.664 | 3.370 | 4.021 | 3.811 | 1.663 | 3.372 | 6.455 | 7.132 | 4.181 | 6.261 | 7.087 | 22.799 | 6.514 | 6.458 |
| Aquisição de equipamentos logísticos | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 153 | 5.202 | 0 | 0 | 0 | — | 0 | 1.093 | 3.209 | 2.309 | 6.929 | 786 | 241 | 9.100 | 2.742 | 11.720 | 0 | 105 | 5.888 | 3.737 | 9.320 | 5.364 | 480 | 6.715 | 0 | 2.543 | 8.794 | 6.211 | 267 | 1.888 |
| TI | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 1.244 | 878 | 1.650 | 1.273 | 1.039 | 1.077 | 1.908 | 2.677 | 1.782 | 849 | 954 | 1.675 | 1.636 | 986 | 730 | 1.904 | 1.889 | 992 | 1.572 | 1.829 | 2.326 | 956 | 2.614 | 3.383 | 2.791 | 1.687 | 2.035 | 3.042 | 5.153 | 3.324 | 5.639 | 2.958 | 5.763 | 2.641 | 2.300 | 3.793 | 4.058 | 2.210 |
| Compra e benfeitorias em terrenos | — | — | — | — | — | — | — | — | — | — | 3.400 | 17.000 | 648 | 10.472 | 16.744 | 5.242 | 5.339 | 6.670 | 2.790 | 3.395 | — | — | — | — | — | 165 | 10.508 | 6.750 | 3.413 | 1.593 | 396 | 6.076 | 2.426 | 1.763 | 197 | 0 | 0 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 40.000 | 1.500 | 4.139 |
| Novas operações | — | — | — | — | — | — | — | — | — | — | — | — | 4.692 | 3.716 | 5.008 | 6.985 | 2.657 | 1.441 | — | 1.173 | — | — | — | — | — | 1.373 | 529 | 446 | 219 | 83 | 57 | 3 | 0 | — | 0 | 0 | 0 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Renovação de contratos | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 3.054 | 3.864 | 914 | 0 | — | — | — | 0 | 77 | 3.078 | 13 | 0 | 0 | — | 0 | 0 | 0 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total? | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.329 | 6.848 | 7.004 | 21.632 | 11.562 | 17.719 | 24.267 | 14.930 | 10.505 | 10.337 | 3.993 | 6.304 | 6.820 | 8.432 | 5.862 | 4.116 | 2.460 | 4.724 | 14.999 | 13.256 | 6.636 | 14.552 | 4.132 | 10.690 | 5.427 | 4.266 | 4.406 | 5.672 | 6.526 | 6.456 | 10.292 | 6.328 | 4.409 | 12.332 | 7.994 | 20.242 | 5.456 | 5.162 | 11.944 | 10.590 | 16.136 | 12.060 | 12.574 | 16.805 | 9.944 | 11.445 | 18.181 | 72.803 | 12.339 | 14.696 |
Ciclo de caixa
| Linha (R$ mil) | 1T12 | 2T12 | 3T12 | 4T12 | 1T13 | 2T13 | 3T13 | 4T13 | 1T14 | 2T14 | 3T14 | 4T14 | 1T15 | 2T15 | 3T15 | 4T15 | 1T16 | 2T16 | 3T16 | 4T16 | 1T17 | 2T17 | 3T17 | 4T17 | 1T18 | 2T18 | 3T18 | 4T18 | 1T19 | 2T19 | 3T19 | 4T19 | 1T20 | 2T20 | 3T20 | 4T20 | 1T21 | 2T21 | 3T21 | 4T21 | 1T22 | 2T22 | 3T22 | 4T22 | 1T23 | 2T23 | 3T23 | 4T23 | 1T24 | 2T24 | 3T24 | 4T24 | 1T25 | 2T25 | 3T25 | 4T25 | 1T26 | 2T26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Contas a receber | 294.602 | 331.980 | 352.994 | 361.666 | 341.441 | 394.608 | 353.269 | 338.425 | 301.539 | 260.290 | 248.659 | 253.604 | 199.309 | 221.868 | 182.340 | 187.600 | 129.251 | 138.728 | 126.437 | 154.255 | 116.130 | 123.239 | 137.433 | 171.180 | 149.456 | 175.884 | 190.482 | 226.227 | 202.605 | 215.878 | 222.773 | 261.173 | 208.452 | 127.444 | 199.717 | 212.138 | 169.120 | 197.088 | 196.436 | 302.669 | 223.696 | 266.460 | 289.087 | 314.053 | 259.933 | 264.045 | 280.755 | 345.505 | 294.190 | 342.942 | 395.339 | 437.934 | 328.402 | 366.152 | 419.796 | 443.159 | 413.218 | 526.955 |
| Dias a receber? | 63 d | 62 d | 57 d | 59 d | 66 d | 63 d | 55 d | 53 d | 57 d | 46 d | 46 d | 46 d | 51 d | 58 d | 48 d | 48 d | 46 d | 44 d | 39 d | 44 d | 40 d | 35 d | 35 d | 39 d | 42 d | 44 d | 41 d | 46 d | 50 d | 48 d | 48 d | 51 d | 54 d | 72 d | 50 d | 49 d | 52 d | 60 d | 61 d | 72 d | 67 d | 64 d | 51 d | 56 d | 56 d | 52 d | 48 d | 55 d | 55 d | 53 d | 48 d | 51 d | 54 d | 49 d | 48 d | 52 d | 57 d | 51 d |
| Fornecedores e fretes | 45.173 | 47.474 | 43.965 | 32.532 | 42.104 | 54.771 | 65.269 | 56.817 | 53.213 | 46.278 | 53.006 | 51.894 | 48.471 | 39.196 | 39.489 | 45.404 | 33.904 | 30.891 | 32.399 | 43.164 | 23.189 | 23.235 | 26.706 | 32.237 | 28.016 | 24.553 | 27.786 | 36.898 | 32.147 | 30.700 | 30.325 | 36.312 | 21.287 | 17.169 | 28.173 | 31.268 | 27.426 | 29.673 | 37.709 | 47.838 | 39.307 | 34.064 | 30.411 | 49.406 | 36.895 | 36.160 | 43.470 | 49.620 | 45.666 | 54.715 | 56.527 | 62.418 | 48.147 | 52.246 | 59.589 | 62.248 | 68.197 | 77.654 |
| Dias a pagar? | -14 d | -13 d | -10 d | -7 d | -11 d | -12 d | -14 d | -13 d | -14 d | -12 d | -15 d | -15 d | -18 d | -14 d | -15 d | -17 d | -17 d | -14 d | -15 d | -19 d | -12 d | -10 d | -10 d | -13 d | -12 d | -9 d | -9 d | -12 d | -12 d | -11 d | -10 d | -11 d | -9 d | -13 d | -11 d | -11 d | -13 d | -14 d | -18 d | -18 d | -18 d | -12 d | -9 d | -14 d | -12 d | -11 d | -12 d | -12 d | -13 d | -13 d | -11 d | -12 d | -12 d | -11 d | -11 d | -11 d | -14 d | -12 d |
| Ciclo de caixa? | 48 d | 49 d | 47 d | 51 d | 55 d | 50 d | 41 d | 40 d | 43 d | 35 d | 31 d | 32 d | 33 d | 44 d | 33 d | 31 d | 29 d | 30 d | 24 d | 25 d | 28 d | 25 d | 24 d | 26 d | 30 d | 35 d | 32 d | 34 d | 37 d | 37 d | 38 d | 40 d | 46 d | 59 d | 39 d | 38 d | 39 d | 46 d | 43 d | 54 d | 50 d | 51 d | 42 d | 42 d | 44 d | 41 d | 36 d | 43 d | 42 d | 40 d | 37 d | 40 d | 42 d | 38 d | 37 d | 41 d | 43 d | 39 d |
Mercado (ação)
| Linha (R$ mil) | 1T12 | 2T12 | 3T12 | 4T12 | 1T13 | 2T13 | 3T13 | 4T13 | 1T14 | 2T14 | 3T14 | 4T14 | 1T15 | 2T15 | 3T15 | 4T15 | 1T16 | 2T16 | 3T16 | 4T16 | 1T17 | 2T17 | 3T17 | 4T17 | 1T18 | 2T18 | 3T18 | 4T18 | 1T19 | 2T19 | 3T19 | 4T19 | 1T20 | 2T20 | 3T20 | 4T20 | 1T21 | 2T21 | 3T21 | 4T21 | 1T22 | 2T22 | 3T22 | 4T22 | 1T23 | 2T23 | 3T23 | 4T23 | 1T24 | 2T24 | 3T24 | 4T24 | 1T25 | 2T25 | 3T25 | 4T25 | 1T26 | 2T26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Volume diário médio de negociação | — | — | — | — | 7.554 | 5.568 | 2.356 | 3.179 | 2.694 | 3.500 | 4.006 | 2.464 | 1.864 | 1.339 | 959 | 612 | 983 | 1.027 | 1.350 | 957 | 2.232 | 2.870 | 5.148 | 6.365 | 6.668 | 8.650 | 6.037 | 9.116 | 7.410 | 5.645 | 8.155 | 11.251 | 12.617 | 19.092 | 16.098 | 13.822 | 11.955 | 9.700 | 13.091 | 6.429 | 4.846 | 3.138 | 3.630 | 3.630 | 3.561 | 3.145 | 4.879 | 5.840 | 5.230 | 6.401 | 3.992 | 8.487 | 7.267 | 9.218 | 8.007 | 7.552 | 7.552 | 7.198 |
| Volume total de negociação | — | — | — | — | 432.096 | 368.690 | 228.555 | 230.941 | 164.725 | 277.955 | 261.121 | 152.383 | 115.188 | 81.310 | 61.603 | 36.869 | 62.022 | 64.032 | 87.794 | 58.390 | 136.182 | 175.100 | 324.337 | 375.565 | 260.051 | 542.172 | 542.172 | 537.842 | 437.201 | 349.994 | 521.933 | 911.317 | 782.253 | 1.176.621 | 1.046.414 | 843.162 | 717.334 | 601.390 | 850.947 | 392.174 | 300.504 | 194.538 | 235.957 | 235.957 | 224.349 | 191.872 | 312.279 | 350.421 | 319.075 | 403.257 | 262.744 | 517.695 | 443.332 | 261.272 | 222.539 | 206.306 | 206.306 | 439.092 |
| Cotação média | R$ 29,59 | R$ 29,67 | R$ 33,16 | R$ 34,08 | R$ 32,17 | R$ 26,27 | R$ 21,72 | R$ 20,42 | R$ 18,73 | R$ 19,25 | R$ 18,53 | R$ 17,33 | R$ 14,15 | R$ 13,60 | R$ 6,06 | R$ 4,10 | R$ 3,91 | R$ 5,15 | R$ 8,28 | R$ 7,75 | R$ 10,23 | R$ 13,04 | R$ 16,12 | R$ 19,74 | R$ 22,73 | R$ 19,84 | R$ 19,84 | R$ 23,29 | R$ 28,11 | R$ 26,80 | R$ 31,53 | R$ 32,42 | R$ 34,43 | R$ 19,89 | R$ 25,19 | R$ 24,95 | R$ 22,82 | R$ 22,88 | R$ 20,14 | R$ 15,76 | R$ 14,68 | R$ 14,81 | R$ 16,25 | R$ 20,88 | R$ 18,23 | R$ 19,71 | R$ 24,15 | R$ 25,74 | R$ 26,78 | R$ 24,92 | R$ 25,91 | R$ 29,52 | R$ 31,39 | R$ 35,26 | R$ 36,20 | R$ 36,42 | R$ 36,42 | R$ 31,49 |
| Quantidade de ações (total mil) | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 | 66.003 |
| Quantidade de ações tesouraria | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 65 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 65 | 65 | 65 | 65 | 65 | 65 |
Metodologia: EV/EBITDA e Preço/Lucro projetados dependem de consenso de analistas de mercado — não são calculados ou publicados neste módulo, pela mesma política de disclosure aplicada às estimativas de terceiros.
