Descripción de la empresa
Suzano S.A. operates as a major manufacturer and distributor of pulp and paper products, serving markets across Brazil and internationally through its two primary segments: Cellulose and Paper. Within these segments, the entity produces a diverse portfolio of goods including coated and uncoated printing and writing papers, paperboards, tissue papers, and various market and fluff pulps, catering to both industrial and consumer needs. The company functions within the Basic Materials sector, specifically the Paper & Paper Products industry, positioning it as a critical supplier in the global supply chain for packaging, hygiene, and graphic arts. In terms of scale, Suzano reports a market capitalization of $11.88B and generates annual revenue of $50.12B, while the specific employee count is listed as N/A in available records. These financial magnitudes indicate that Suzano holds a significant market position, as a market cap exceeding $11 billion and revenue surpassing $50 billion suggest substantial operational capacity and established market share relative to peers in the pulp and paper industry.
Salud financiera
The company's core financial performance for the trailing twelve months demonstrates a revenue stream of $50.12B, net income of $13.41B, and EBITDA of $21.00B. The substantial gap between the $50.12B revenue and the $13.41B net income reveals a cost structure where operating expenses, including cost of goods sold and administrative costs, consume approximately 73.2% of total revenue before reaching the bottom line. However, the EBITDA figure of $21.00B highlights the strong operational cash generation potential before interest, taxes, depreciation, and amortization are deducted. Regarding liquidity and operational cash flow, the free cash flow stands at -$535,921,632, indicating a period where capital expenditures or working capital requirements exceeded operating cash generation, which temporarily constrains immediate financial flexibility despite strong earnings. The balance sheet presents a leveraged profile with total debt of $101.73B against cash holdings of $25.11B, resulting in a debt-to-equity ratio of 231.46 that suggests a highly leveraged capital structure. Short-term liquidity is robust, evidenced by a current ratio of 3.19, which indicates the company possesses more than three times the current assets necessary to cover its current liabilities without relying on external financing. Profitability metrics further illustrate management effectiveness, with a return on equity of 35.2% and a return on assets of 3.8%, showing that the company generates high returns for shareholders relative to the equity invested, though asset efficiency is moderate.
Evaluación de valoración
Valuation metrics for Suzano S.A. currently show a trailing P/E ratio of 4.67 and a forward P/E of 6.49. The difference between these two multiples implies that the market expects earnings to increase in the future, as the forward multiple is higher than the trailing one, suggesting anticipated growth in profitability relative to current earnings. The price-to-book ratio is listed at 1.42, indicating that the market values the company at 42% above its book value, which reflects a slight premium over the net asset value of the equity. Alternative valuation measures include a price-to-sales ratio of 0.24 and an EV/EBITDA of 4.22, which suggest the stock is valued at a low multiple of its sales and enterprise value relative to earnings, often seen in cyclical or capital-intensive industries. The stock price has fluctuated within a 52-week range defined by a high of $11.54 and a low of $8.41. Without a specific current share price provided in the data to calculate the exact percentage deviation, the valuation metrics provide a baseline for comparison against this historical trading range. The beta value is 0.20, which signifies that the stock exhibits very low volatility relative to the broader market, moving significantly less than the market index during periods of price fluctuation.
Growth & Income
Growth dynamics for the period show a revenue growth rate of -7.5% year-over-year, while earnings growth is listed as N/A, indicating that the data is not available for this specific metric in the current reporting cycle. The negative revenue growth suggests a contraction in top-line sales, yet the existing earnings structure must be evaluated to determine if margins are compensating for the volume decline in the absence of explicit earnings growth figures. For income-focused investors, the company offers a dividend yield of 2.2%, supported by a payout ratio of 10.8%. This low payout ratio indicates a high degree of sustainability, as the company pays out only a small fraction of its earnings, leaving ample room to cover dividends even if earnings fluctuate. Given the high debt load and the negative free cash flow, the company likely retains the majority of its earnings to service debt obligations and fund necessary capital expenditures rather than paying out large dividends. The overall growth and income profile presents a complex picture of a capital-intensive business with significant leverage, low volatility, and a modest but highly sustainable dividend yield amidst a period of revenue contraction.