BVMFMULT3
Market cap1.92bUSD
Dec 20, Last price
22.55BRL
1D
3.82%
1Q
-14.39%
Jan 2017
17.69%
IPO
6.32%
Name
Multiplan Empreendimentos Imobiliarios SA
Chart & Performance
Profile
Multiplan Empreendimentos Imobiliários S.A. engages in the planning, development, construction, and sale of real estate projects in Brazil. The company develops residential or commercial properties, including urban shopping malls. It is also involved in the purchase and sale of real estate properties, as well as acquisition and disposal of real estate rights, and its operation through leasing. In addition, the company provides management and administrative services for own or third party shopping malls; technical advisory and support services concerning real estate matters; and civil construction, construction works execution, and engineering and related services. Further, it engages in the planning, development, management, promotion, and intermediation of real estate projects; import and export of goods and services related to its activities; generation and sale of electric power; and acquisition of ownership interests and share control in other entities. The company was founded in 1974 and is based in Rio de Janeiro, Brazil.
Valuation
Title BRL in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 2,029,569 12.90% | 1,797,605 39.52% | 1,288,393 19.12% | |||||||
Cost of revenue | 592,602 | 617,487 | 521,411 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 1,436,967 | 1,180,118 | 766,982 | |||||||
NOPBT Margin | 70.80% | 65.65% | 59.53% | |||||||
Operating Taxes | 110,480 | 57,311 | 44,667 | |||||||
Tax Rate | 7.69% | 4.86% | 5.82% | |||||||
NOPAT | 1,326,487 | 1,122,807 | 722,315 | |||||||
Net income | 1,020,390 32.65% | 769,255 69.78% | 453,099 -53.01% | |||||||
Dividends | (384,185) | (208,358) | (237,048) | |||||||
Dividend yield | 2.30% | 1.61% | 2.11% | |||||||
Proceeds from repurchase of equity | (123,690) | (155,222) | 450,102 | |||||||
BB yield | 0.74% | 1.20% | -4.01% | |||||||
Debt | ||||||||||
Debt current | 470,495 | 464,332 | 429,509 | |||||||
Long-term debt | 2,633,033 | 2,502,280 | 2,594,203 | |||||||
Deferred revenue | 107,947 | 52,243 | 59,584 | |||||||
Other long-term liabilities | 110,874 | 176,346 | 304,323 | |||||||
Net debt | 1,928,148 | 2,808,210 | 2,330,502 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 1,187,600 | 1,203,853 | 701,737 | |||||||
CAPEX | (26,012) | (25,177) | (21,909) | |||||||
Cash from investing activities | (376,304) | (929,719) | (790,635) | |||||||
Cash from financing activities | (677,227) | (804,339) | (580,723) | |||||||
FCF | 1,329,763 | 1,254,077 | 605,946 | |||||||
Balance | ||||||||||
Cash | 1,175,380 | 1,024,991 | 778,463 | |||||||
Long term investments | (866,589) | (85,253) | ||||||||
Excess cash | 1,073,902 | 68,522 | 628,790 | |||||||
Stockholders' equity | 6,631,207 | 9,203,214 | 8,505,700 | |||||||
Invested Capital | 9,245,214 | 9,675,173 | 9,106,690 | |||||||
ROIC | 14.02% | 11.96% | 13.67% | |||||||
ROCE | 13.55% | 11.79% | 7.66% | |||||||
EV | ||||||||||
Common stock shares outstanding | 588,790 | 591,922 | 599,098 | |||||||
Price | 28.42 29.77% | 21.90 16.99% | 18.72 -20.44% | |||||||
Market cap | 16,733,414 29.09% | 12,963,096 15.59% | 11,215,109 -20.85% | |||||||
EV | 18,661,644 | 15,771,509 | 13,548,421 | |||||||
EBITDA | 1,607,111 | 1,386,869 | 968,032 | |||||||
EV/EBITDA | 11.61 | 11.37 | 14.00 | |||||||
Interest | 344,685 | 371,365 | 178,053 | |||||||
Interest/NOPBT | 23.99% | 31.47% | 23.21% |