SENDAS DISTRIBUIDORA SA (ASAI)
US81689T1043 - ADR
Overall ASAI gets a fundamental rating of 4 out of 10. We evaluated ASAI against 43 industry peers in the Consumer Staples Distribution & Retail industry. While ASAI is still in line with the averages on profitability rating, there are concerns on its financial health. ASAI scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
In the past year ASAI was profitable.
In the past year ASAI had a positive cash flow from operations.
Each year in the past 5 years ASAI has been profitable.
In the past 5 years ASAI always reported a positive cash flow from operatings.
1.2 Ratios
ASAI's Return On Assets of 1.45% is in line compared to the rest of the industry. ASAI outperforms 40.48% of its industry peers.
The Return On Equity of ASAI (12.73%) is better than 64.29% of its industry peers.
With an excellent Return On Invested Capital value of 12.72%, ASAI belongs to the best of the industry, outperforming 85.71% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ASAI is above the industry average of 8.43%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.45% | ||
| ROE | 12.73% | ||
| ROIC | 12.72% |
ROA(3y)3.9%
ROA(5y)4.41%
ROE(3y)34.95%
ROE(5y)43.75%
ROIC(3y)12.81%
ROIC(5y)13.33%
1.3 Margins
ASAI has a Profit Margin (0.88%) which is in line with its industry peers.
In the last couple of years the Profit Margin of ASAI has declined.
ASAI's Operating Margin of 5.03% is amongst the best of the industry. ASAI outperforms 88.10% of its industry peers.
ASAI's Operating Margin has declined in the last couple of years.
The Gross Margin of ASAI (16.48%) is worse than 78.57% of its industry peers.
In the last couple of years the Gross Margin of ASAI has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.03% | ||
| PM (TTM) | 0.88% | ||
| GM | 16.48% |
OM growth 3Y-9.55%
OM growth 5Y-7.56%
PM growth 3Y-34.95%
PM growth 5Y-25.57%
GM growth 3Y-0.28%
GM growth 5Y-2.14%
2. Health
2.1 Basic Checks
ASAI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, ASAI has about the same amount of shares outstanding.
Compared to 5 years ago, ASAI has more shares outstanding
ASAI has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.08 indicates that ASAI is not a great score, but indicates only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.08, ASAI is doing worse than 69.05% of the companies in the same industry.
The Debt to FCF ratio of ASAI is 10.95, which is on the high side as it means it would take ASAI, 10.95 years of fcf income to pay off all of its debts.
ASAI has a Debt to FCF ratio (10.95) which is comparable to the rest of the industry.
A Debt/Equity ratio of 4.15 is on the high side and indicates that ASAI has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 4.15, ASAI is doing worse than 92.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.15 | ||
| Debt/FCF | 10.95 | ||
| Altman-Z | 2.08 |
ROIC/WACC1.44
WACC8.86%
2.3 Liquidity
ASAI has a Current Ratio of 0.86. This is a bad value and indicates that ASAI is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of ASAI (0.86) is worse than 78.57% of its industry peers.
A Quick Ratio of 0.43 indicates that ASAI may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.43, ASAI is doing worse than 64.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.86 | ||
| Quick Ratio | 0.43 |
3. Growth
3.1 Past
ASAI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -21.14%.
ASAI shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -33.43% yearly.
The Revenue has grown by 12.56% in the past year. This is quite good.
Measured over the past years, ASAI shows a very strong growth in Revenue. The Revenue has been growing by 23.64% on average per year.
EPS 1Y (TTM)-21.14%
EPS 3Y-20.41%
EPS 5Y-33.43%
EPS Q2Q%-11.76%
Revenue 1Y (TTM)12.56%
Revenue growth 3Y22.65%
Revenue growth 5Y23.64%
Sales Q2Q%9.18%
3.2 Future
ASAI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 26.98% yearly.
Based on estimates for the next years, ASAI will show a quite strong growth in Revenue. The Revenue will grow by 10.96% on average per year.
EPS Next Y1.06%
EPS Next 2Y20.92%
EPS Next 3Y27.27%
EPS Next 5Y26.98%
Revenue Next Year11.66%
Revenue Next 2Y10.45%
Revenue Next 3Y9.84%
Revenue Next 5Y10.96%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 11.97, the valuation of ASAI can be described as reasonable.
ASAI's Price/Earnings ratio is a bit cheaper when compared to the industry. ASAI is cheaper than 78.57% of the companies in the same industry.
ASAI's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.34.
ASAI is valuated cheaply with a Price/Forward Earnings ratio of 7.55.
Based on the Price/Forward Earnings ratio, ASAI is valued cheaper than 92.86% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of ASAI to the average of the S&P500 Index (23.61), we can say ASAI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.97 | ||
| Fwd PE | 7.55 |
4.2 Price Multiples
ASAI's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. ASAI is cheaper than 80.95% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ASAI is valued cheaply inside the industry as 97.62% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.25 | ||
| EV/EBITDA | 5.66 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ASAI does not grow enough to justify the current Price/Earnings ratio.
ASAI's earnings are expected to grow with 27.27% in the coming years. This may justify a more expensive valuation.
PEG (NY)11.26
PEG (5Y)N/A
EPS Next 2Y20.92%
EPS Next 3Y27.27%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.62%, ASAI has a reasonable but not impressive dividend return.
The stock price of ASAI dropped by -22.55% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
ASAI's Dividend Yield is rather good when compared to the industry average which is at 2.59. ASAI pays more dividend than 85.71% of the companies in the same industry.
ASAI's Dividend Yield is comparable with the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.62% |
5.2 History
ASAI has paid a dividend for less than 5 years, so there is no long track record yet.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y20.92%
EPS Next 3Y27.27%
SENDAS DISTRIBUIDORA SA
NYSE:ASAI (1/8/2025, 8:04:01 PM)
After market: 4.6 -0.07 (-1.5%)4.67
+0.08 (+1.74%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupConsumer Staples Distribution & Retail
GICS IndustryConsumer Staples Distribution & Retail
Earnings (Last)
Earnings (Next)
Inst Owners77.46%
Inst Owner Change0.02%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap1.26B
Analysts79.13
Price Target5.69 (21.84%)
Short Float %0.45%
Short Ratio6.86
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.62% |
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-9.27%
Min EPS beat(2)-16.94%
Max EPS beat(2)-1.6%
EPS beat(4)0
Avg EPS beat(4)-11.78%
Min EPS beat(4)-18.24%
Max EPS beat(4)-1.6%
EPS beat(8)2
Avg EPS beat(8)-9.57%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-3.66%
Min Revenue beat(2)-3.85%
Max Revenue beat(2)-3.46%
Revenue beat(4)0
Avg Revenue beat(4)-3.84%
Min Revenue beat(4)-4.14%
Max Revenue beat(4)-3.46%
Revenue beat(8)0
Avg Revenue beat(8)-3.57%
Revenue beat(12)0
Avg Revenue beat(12)-3.59%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-19.62%
PT rev (3m)-33.49%
EPS NQ rev (1m)0.27%
EPS NQ rev (3m)-17.14%
EPS NY rev (1m)0.27%
EPS NY rev (3m)-16.19%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.5%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.76%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.97 | ||
| Fwd PE | 7.55 | ||
| P/S | 0.11 | ||
| P/FCF | 3.25 | ||
| P/OCF | 1.76 | ||
| P/B | 1.54 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.66 |
EPS(TTM)0.39
EY8.35%
EPS(NY)0.62
Fwd EY13.25%
FCF(TTM)1.44
FCFY30.79%
OCF(TTM)2.66
OCFY56.97%
SpS43.72
BVpS3.03
TBVpS-0.11
PEG (NY)11.26
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.45% | ||
| ROE | 12.73% | ||
| ROCE | 13.91% | ||
| ROIC | 12.72% | ||
| ROICexc | 15.04% | ||
| ROICexgc | 19.66% | ||
| OM | 5.03% | ||
| PM (TTM) | 0.88% | ||
| GM | 16.48% | ||
| FCFM | 3.29% |
ROA(3y)3.9%
ROA(5y)4.41%
ROE(3y)34.95%
ROE(5y)43.75%
ROIC(3y)12.81%
ROIC(5y)13.33%
ROICexc(3y)16.11%
ROICexc(5y)25.39%
ROICexgc(3y)20.68%
ROICexgc(5y)35.73%
ROCE(3y)14.02%
ROCE(5y)14.59%
ROICexcg growth 3Y-43.85%
ROICexcg growth 5Y-16.36%
ROICexc growth 3Y-41.47%
ROICexc growth 5Y-16.63%
OM growth 3Y-9.55%
OM growth 5Y-7.56%
PM growth 3Y-34.95%
PM growth 5Y-25.57%
GM growth 3Y-0.28%
GM growth 5Y-2.14%
F-Score7
Asset Turnover1.64
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.15 | ||
| Debt/FCF | 10.95 | ||
| Debt/EBITDA | 3.96 | ||
| Cap/Depr | 125.3% | ||
| Cap/Sales | 2.8% | ||
| Interest Coverage | 3.47 | ||
| Cash Conversion | 83.73% | ||
| Profit Quality | 372.64% | ||
| Current Ratio | 0.86 | ||
| Quick Ratio | 0.43 | ||
| Altman-Z | 2.08 |
F-Score7
WACC8.86%
ROIC/WACC1.44
Cap/Depr(3y)363.94%
Cap/Depr(5y)300.55%
Cap/Sales(3y)6.64%
Cap/Sales(5y)5.9%
Profit Quality(3y)156.49%
Profit Quality(5y)153.84%
High Growth Momentum
Growth
EPS 1Y (TTM)-21.14%
EPS 3Y-20.41%
EPS 5Y-33.43%
EPS Q2Q%-11.76%
EPS Next Y1.06%
EPS Next 2Y20.92%
EPS Next 3Y27.27%
EPS Next 5Y26.98%
Revenue 1Y (TTM)12.56%
Revenue growth 3Y22.65%
Revenue growth 5Y23.64%
Sales Q2Q%9.18%
Revenue Next Year11.66%
Revenue Next 2Y10.45%
Revenue Next 3Y9.84%
Revenue Next 5Y10.96%
EBIT growth 1Y19.34%
EBIT growth 3Y10.93%
EBIT growth 5Y14.29%
EBIT Next Year65.73%
EBIT Next 3Y25.23%
EBIT Next 5Y22.86%
FCF growth 1Y2235.14%
FCF growth 3Y13.04%
FCF growth 5Y35.01%
OCF growth 1Y-13.22%
OCF growth 3Y19.46%
OCF growth 5Y31.01%