BRF SA-ADR (BRFS) Stock Fundamental Analysis
USA - NYSE:BRFS - US10552T1079 - ADR
4.14 USD
-0.02 (-0.48%)
BRFS gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 89 industry peers in the Food Products industry. While BRFS belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. BRFS has a correct valuation and a medium growth rate. Finally BRFS also has an excellent dividend rating. These ratings would make BRFS suitable for 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.
In multiple years BRFS reported negative net income over the last 5 years.
Each year in the past 5 years BRFS had a positive operating cash flow.
1.2 Ratios
BRFS has a better Return On Assets (5.58%) than 75.28% of its industry peers.
BRFS has a better Return On Equity (21.28%) than 92.13% of its industry peers.
With an excellent Return On Invested Capital value of 12.38%, BRFS belongs to the best of the industry, outperforming 88.76% of the companies in the same industry.
| 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's Profit Margin of 5.61% is fine compared to the rest of the industry. BRFS outperforms 74.16% of its industry peers.
In the last couple of years the Profit Margin of BRFS has grown nicely.
BRFS has a better Operating Margin (11.29%) than 76.40% of its industry peers.
In the last couple of years the Operating Margin of BRFS has grown nicely.
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.
In the last couple of years the Gross Margin of BRFS has remained more or less at the same level.
| 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.
Compared to 1 year ago, BRFS has less shares outstanding
The number of shares outstanding for BRFS has been increased compared to 5 years ago.
BRFS has a better debt/assets ratio than last year.
2.2 Solvency
BRFS has an Altman-Z score of 2.17. 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 has a Altman-Z score of 2.17. This is comparable 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.
With an excellent Debt to FCF ratio value of 2.59, BRFS belongs to the best of the industry, outperforming 82.02% of the companies in the same industry.
A Debt/Equity ratio of 1.30 is on the high side and indicates that BRFS has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.30, BRFS is doing worse than 78.65% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.3 | ||
| Debt/FCF | 2.59 | ||
| Altman-Z | 2.17 |
ROIC/WACC1.31
WACC9.45%
2.3 Liquidity
A Current Ratio of 1.52 indicates that BRFS should not have too much problems paying its short term obligations.
With a Current ratio value of 1.52, BRFS perfoms like the industry average, outperforming 50.56% of the companies in the same industry.
A Quick Ratio of 1.05 indicates that BRFS should not have too much problems paying its short term obligations.
BRFS has a better Quick ratio (1.05) than 61.80% 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.
BRFS shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 37.09% yearly.
Looking at the last year, BRFS shows a quite strong growth in Revenue. The Revenue has grown by 13.10% in the last year.
BRFS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 12.91% yearly.
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
BRFS is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -3.96% yearly.
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 Y3.42%
EPS Next 2Y-5.1%
EPS Next 3Y-3.96%
EPS Next 5YN/A
Revenue Next Year6.34%
Revenue Next 2Y5.94%
Revenue Next 3Y5.38%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
BRFS is valuated reasonably with a Price/Earnings ratio of 9.86.
BRFS's Price/Earnings ratio is rather cheap when compared to the industry. BRFS is cheaper than 84.27% of the companies in the same industry.
When comparing the Price/Earnings ratio of BRFS to the average of the S&P500 Index (27.20), we can say BRFS is valued rather cheaply.
With a Price/Forward Earnings ratio of 12.48, BRFS is valued correctly.
BRFS's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BRFS is cheaper than 79.78% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of BRFS to the average of the S&P500 Index (22.71), we can say BRFS is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.86 | ||
| Fwd PE | 12.48 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BRFS is valued cheaper than 89.89% of the companies in the same industry.
94.38% of the companies in the same industry are more expensive than BRFS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.67 | ||
| EV/EBITDA | 4.11 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BRFS does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of BRFS may justify a higher PE ratio.
BRFS's earnings are expected to decrease with -3.96% in the coming years. This may justify a cheaper valuation.
PEG (NY)2.88
PEG (5Y)0.27
EPS Next 2Y-5.1%
EPS Next 3Y-3.96%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 18.77%, BRFS is a good candidate for dividend investing.
BRFS's Dividend Yield is rather good when compared to the industry average which is at 5.03. BRFS pays more dividend than 98.88% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.38, BRFS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 18.77% |
5.2 History
On average, the dividend of BRFS grows each year by 6.52%, which is quite nice.
BRFS has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)6.52%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
31.92% of the earnings are spent on dividend by BRFS. This is a low number and sustainable payout ratio.
DP31.92%
EPS Next 2Y-5.1%
EPS Next 3Y-3.96%
NYSE:BRFS (9/17/2025, 11:10:10 AM)
4.14
-0.02 (-0.48%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners30.62%
Inst Owner Change-18.11%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap6.63B
Analysts78.46
Price Target4.94 (19.32%)
Short Float %1.93%
Short Ratio4.93
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 18.77% |
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)0.86%
PT rev (3m)4%
EPS NQ rev (1m)27.63%
EPS NQ rev (3m)-2.11%
EPS NY rev (1m)-4.59%
EPS NY rev (3m)-4.68%
Revenue NQ rev (1m)-2.38%
Revenue NQ rev (3m)-4.01%
Revenue NY rev (1m)-1.23%
Revenue NY rev (3m)-2.83%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.86 | ||
| Fwd PE | 12.48 | ||
| P/S | 0.55 | ||
| P/FCF | 3.67 | ||
| P/OCF | 2.76 | ||
| P/B | 2.09 | ||
| P/tB | 3.38 | ||
| EV/EBITDA | 4.11 |
EPS(TTM)0.42
EY10.14%
EPS(NY)0.33
Fwd EY8.02%
FCF(TTM)1.13
FCFY27.22%
OCF(TTM)1.5
OCFY36.29%
SpS7.52
BVpS1.98
TBVpS1.22
PEG (NY)2.88
PEG (5Y)0.27
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
ROICexcg growth 3Y27.2%
ROICexcg 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 | 2.17 |
F-Score9
WACC9.45%
ROIC/WACC1.31
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 Y3.42%
EPS Next 2Y-5.1%
EPS Next 3Y-3.96%
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 Year39%
EBIT Next 3Y8.99%
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%