BRF SA (BRFS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BRFS - US10552T1079 - ADR
3.38 USD
-0.44 (-11.52%)
3.49 USD
+0.11 (+3.25%)
Taking everything into account, BRFS scores 6 out of 10 in our fundamental rating. BRFS was compared to 87 industry peers in the Food Products industry. BRFS has an excellent profitability rating, but there are some minor concerns on its financial health. BRFS is valued quite cheap, while showing a decent growth score. This is a good combination! Finally BRFS also has an excellent dividend rating. These ratings would make BRFS suitable for value and dividend investing!
1. Profitability
1.1 Basic Checks
- In the past year BRFS was profitable.
- BRFS had a positive operating cash flow in the past year.
- The reported net income has been mixed in the past 5 years: BRFS reported negative net income in multiple years.
- Each year in the past 5 years BRFS had a positive operating cash flow.
1.2 Ratios
- With a decent Return On Assets value of 5.58%, BRFS is doing good in the industry, outperforming 76.40% of the companies in the same industry.
- BRFS has a Return On Equity of 21.28%. This is amongst the best in the industry. BRFS outperforms 92.13% of its industry peers.
- BRFS's Return On Invested Capital of 12.38% is amongst the best of the industry. BRFS outperforms 88.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.58% | ||
| ROE | 21.28% | ||
| ROIC | 12.38% |
ROA(3y)-1.3%
ROA(5y)-0.07%
ROE(3y)-6.8%
ROE(5y)0.14%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- BRFS has a Profit Margin of 5.61%. This is in the better half of the industry: BRFS outperforms 74.16% of its industry peers.
- BRFS's Profit Margin has improved in the last couple of years.
- The Operating Margin of BRFS (11.29%) is better than 76.40% of its industry peers.
- BRFS's Operating Margin has improved in the last couple of years.
- Looking at the Gross Margin, with a value of 26.31%, BRFS is in the better half of the industry, outperforming 62.92% of the companies in the same industry.
- BRFS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 11.29% | ||
| PM (TTM) | 5.61% | ||
| GM | 26.31% |
OM growth 3Y21.97%
OM growth 5Y3.91%
PM growth 3Y82.05%
PM growth 5Y42.54%
GM growth 3Y8.77%
GM growth 5Y1.33%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BRFS is creating some value.
- BRFS has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, BRFS has more shares outstanding
- Compared to 1 year ago, BRFS has an improved debt to assets ratio.
2.2 Solvency
- BRFS has an Altman-Z score of 2.09. This is not the best score and indicates that BRFS is in the grey zone with still only limited risk for bankruptcy at the moment.
- BRFS's Altman-Z score of 2.09 is in line compared to the rest of the industry. BRFS outperforms 48.31% of its industry peers.
- The Debt to FCF ratio of BRFS is 2.59, which is a good value as it means it would take BRFS, 2.59 years of fcf income to pay off all of its debts.
- BRFS's Debt to FCF ratio of 2.59 is amongst the best of the industry. BRFS outperforms 82.02% of its industry peers.
- BRFS has a Debt/Equity ratio of 1.30. This is a high value indicating a heavy dependency on external financing.
- BRFS has a worse Debt to Equity ratio (1.30) than 77.53% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.3 | ||
| Debt/FCF | 2.59 | ||
| Altman-Z | 2.09 |
ROIC/WACC1.34
WACC9.21%
2.3 Liquidity
- BRFS has a Current Ratio of 1.52. This is a normal value and indicates that BRFS is financially healthy and should not expect problems in meeting its short term obligations.
- BRFS's Current ratio of 1.52 is in line compared to the rest of the industry. BRFS outperforms 51.69% of its industry peers.
- BRFS has a Quick Ratio of 1.05. This is a normal value and indicates that BRFS is financially healthy and should not expect problems in meeting its short term obligations.
- BRFS has a Quick ratio of 1.05. This is in the better half of the industry: BRFS outperforms 64.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.52 | ||
| Quick Ratio | 1.05 |
3. Growth
3.1 Past
- BRFS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 59.91%, which is quite impressive.
- The Earnings Per Share has been growing by 37.09% on average over the past years. This is a very strong growth
- The Revenue has grown by 13.10% in the past year. This is quite good.
- The Revenue has been growing by 12.91% on average over the past years. This is quite good.
EPS 1Y (TTM)59.91%
EPS 3Y46.31%
EPS 5Y37.09%
EPS Q2Q%-22.3%
Revenue 1Y (TTM)13.1%
Revenue growth 3Y8.28%
Revenue growth 5Y12.91%
Sales Q2Q%2.91%
3.2 Future
- The Earnings Per Share is expected to decrease by -5.99% on average over the next years.
- Based on estimates for the next years, BRFS will show a small growth in Revenue. The Revenue will grow by 5.38% on average per year.
EPS Next Y17.53%
EPS Next 2Y-3.05%
EPS Next 3Y-5.99%
EPS Next 5YN/A
Revenue Next Year6.34%
Revenue Next 2Y5.94%
Revenue Next 3Y5.38%
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 8.05, the valuation of BRFS can be described as reasonable.
- 89.89% of the companies in the same industry are more expensive than BRFS, based on the Price/Earnings ratio.
- The average S&P500 Price/Earnings ratio is at 27.47. BRFS is valued rather cheaply when compared to this.
- BRFS is valuated reasonably with a Price/Forward Earnings ratio of 9.82.
- Based on the Price/Forward Earnings ratio, BRFS is valued cheaply inside the industry as 91.01% of the companies are valued more expensively.
- BRFS's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.26.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.05 | ||
| Fwd PE | 9.82 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, BRFS is valued cheaper than 95.51% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, BRFS is valued cheaply inside the industry as 94.38% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.02 | ||
| EV/EBITDA | 3.51 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- The decent profitability rating of BRFS may justify a higher PE ratio.
- A cheap valuation may be justified as BRFS's earnings are expected to decrease with -5.99% in the coming years.
PEG (NY)0.46
PEG (5Y)0.22
EPS Next 2Y-3.05%
EPS Next 3Y-5.99%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 17.17%, BRFS is a good candidate for dividend investing.
- BRFS's Dividend Yield is rather good when compared to the industry average which is at 2.43. BRFS pays more dividend than 98.88% of the companies in the same industry.
- BRFS's Dividend Yield is rather good when compared to the S&P500 average which is at 1.89.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 17.17% |
5.2 History
- The dividend of BRFS is nicely growing with an annual growth rate of 6.52%!
- BRFS has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)6.52%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- BRFS pays out 31.92% of its income as dividend. This is a sustainable payout ratio.
DP31.92%
EPS Next 2Y-3.05%
EPS Next 3Y-5.99%
3.38
-0.44 (-11.52%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)08-13 2025-08-13/amc
Earnings (Next)11-13 2025-11-13
Inst Owners25.73%
Inst Owner Change0%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap5.41B
Revenue(TTM)63.95B
Net Income(TTM)3.59B
Analysts78.46
Price Target4.94 (46.15%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 17.17% |
Yearly Dividend0.13
Dividend Growth(5Y)6.52%
DP31.92%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)5.71%
Min EPS beat(2)-12.43%
Max EPS beat(2)23.85%
EPS beat(4)1
Avg EPS beat(4)-11.46%
Min EPS beat(4)-47.78%
Max EPS beat(4)23.85%
EPS beat(8)5
Avg EPS beat(8)30.62%
EPS beat(12)5
Avg EPS beat(12)-163.19%
EPS beat(16)6
Avg EPS beat(16)-245.27%
Revenue beat(2)0
Avg Revenue beat(2)-3.32%
Min Revenue beat(2)-3.99%
Max Revenue beat(2)-2.66%
Revenue beat(4)1
Avg Revenue beat(4)-1.89%
Min Revenue beat(4)-3.99%
Max Revenue beat(4)2.29%
Revenue beat(8)3
Avg Revenue beat(8)-1.19%
Revenue beat(12)3
Avg Revenue beat(12)-1.91%
Revenue beat(16)4
Avg Revenue beat(16)-1.67%
PT rev (1m)1.31%
PT rev (3m)0.59%
EPS NQ rev (1m)27.63%
EPS NQ rev (3m)40.46%
EPS NY rev (1m)13.64%
EPS NY rev (3m)8.33%
Revenue NQ rev (1m)-2.38%
Revenue NQ rev (3m)-1.61%
Revenue NY rev (1m)-1.19%
Revenue NY rev (3m)-2.83%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.05 | ||
| Fwd PE | 9.82 | ||
| P/S | 0.45 | ||
| P/FCF | 3.02 | ||
| P/OCF | 2.26 | ||
| P/B | 1.72 | ||
| P/tB | 2.78 | ||
| EV/EBITDA | 3.51 |
EPS(TTM)0.42
EY12.43%
EPS(NY)0.34
Fwd EY10.18%
FCF(TTM)1.12
FCFY33.14%
OCF(TTM)1.49
OCFY44.18%
SpS7.48
BVpS1.97
TBVpS1.22
PEG (NY)0.46
PEG (5Y)0.22
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.58% | ||
| ROE | 21.28% | ||
| ROCE | 16.93% | ||
| ROIC | 12.38% | ||
| ROICexc | 19.16% | ||
| ROICexgc | 25% | ||
| OM | 11.29% | ||
| PM (TTM) | 5.61% | ||
| GM | 26.31% | ||
| FCFM | 14.99% |
ROA(3y)-1.3%
ROA(5y)-0.07%
ROE(3y)-6.8%
ROE(5y)0.14%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y27.2%
ROICexgc growth 5Y12.59%
ROICexc growth 3Y27.5%
ROICexc growth 5Y12.1%
OM growth 3Y21.97%
OM growth 5Y3.91%
PM growth 3Y82.05%
PM growth 5Y42.54%
GM growth 3Y8.77%
GM growth 5Y1.33%
F-Score9
Asset Turnover0.99
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.3 | ||
| Debt/FCF | 2.59 | ||
| Debt/EBITDA | 2.04 | ||
| Cap/Depr | 90.36% | ||
| Cap/Sales | 4.99% | ||
| Interest Coverage | 4.32 | ||
| Cash Conversion | 118.84% | ||
| Profit Quality | 267.28% | ||
| Current Ratio | 1.52 | ||
| Quick Ratio | 1.05 | ||
| Altman-Z | 2.09 |
F-Score9
WACC9.21%
ROIC/WACC1.34
Cap/Depr(3y)82.09%
Cap/Depr(5y)86.85%
Cap/Sales(3y)4.72%
Cap/Sales(5y)5.03%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)59.91%
EPS 3Y46.31%
EPS 5Y37.09%
EPS Q2Q%-22.3%
EPS Next Y17.53%
EPS Next 2Y-3.05%
EPS Next 3Y-5.99%
EPS Next 5YN/A
Revenue 1Y (TTM)13.1%
Revenue growth 3Y8.28%
Revenue growth 5Y12.91%
Sales Q2Q%2.91%
Revenue Next Year6.34%
Revenue Next 2Y5.94%
Revenue Next 3Y5.38%
Revenue Next 5YN/A
EBIT growth 1Y64.5%
EBIT growth 3Y32.08%
EBIT growth 5Y17.33%
EBIT Next Year38.73%
EBIT Next 3Y9.09%
EBIT Next 5YN/A
FCF growth 1Y754.47%
FCF growth 3Y106.49%
FCF growth 5Y47.37%
OCF growth 1Y224.01%
OCF growth 3Y40.04%
OCF growth 5Y33.71%
BRF SA / BRFS FAQ
Can you provide the ChartMill fundamental rating for BRF SA?
ChartMill assigns a fundamental rating of 6 / 10 to BRFS.
Can you provide the valuation status for BRF SA?
ChartMill assigns a valuation rating of 8 / 10 to BRF SA (BRFS). This can be considered as Undervalued.
What is the profitability of BRFS stock?
BRF SA (BRFS) has a profitability rating of 7 / 10.
Can you provide the financial health for BRFS stock?
The financial health rating of BRF SA (BRFS) is 5 / 10.
Can you provide the dividend sustainability for BRFS stock?
The dividend rating of BRF SA (BRFS) is 7 / 10 and the dividend payout ratio is 31.92%.