BRF SA (BRFS) Stock Fundamental Analysis
NYSE:BRFS • US10552T1079
3.38 USD
-0.44 (-11.52%)
At close: Sep 22, 2025
3.49 USD
+0.11 (+3.25%)
After Hours: 9/22/2025, 9:29:07 PM
We assign a fundamental rating of 6 out of 10 to BRFS. BRFS was compared to 88 industry peers in the Food Products industry. BRFS has an excellent profitability rating, but there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on BRFS. Finally BRFS also has an excellent dividend rating. This makes BRFS very considerable for value and dividend investing!
1. Profitability
1.1 Basic Checks
- BRFS had positive earnings in the past year.
- 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.
- In the past 5 years BRFS always reported a positive cash flow from operatings.
1.2 Ratios
- BRFS's Return On Assets of 5.58% is fine compared to the rest of the industry. BRFS outperforms 76.40% of its industry peers.
- Looking at the Return On Equity, with a value of 21.28%, BRFS belongs to the top of the industry, outperforming 92.13% of the companies in the same industry.
- 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
- The Profit Margin of BRFS (5.61%) is better than 74.16% of its industry peers.
- BRFS's Profit Margin has improved in the last couple of years.
- BRFS has a Operating Margin of 11.29%. This is in the better half of the industry: BRFS outperforms 76.40% of its industry peers.
- In the last couple of years the Operating Margin of BRFS has grown nicely.
- With a decent Gross Margin value of 26.31%, BRFS is doing good in 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
- BRFS has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- The number of shares outstanding for BRFS has been reduced compared to 1 year ago.
- BRFS has more shares outstanding than it did 5 years ago.
- The debt/assets ratio for BRFS has been reduced compared to a year ago.
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.
- Looking at the Altman-Z score, with a value of 2.09, BRFS is in line with its industry, outperforming 48.31% of the companies in the same industry.
- 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 has a Debt to FCF ratio of 2.59. This is amongst the best in the industry. BRFS outperforms 82.02% of its industry peers.
- A Debt/Equity ratio of 1.30 is on the high side and indicates that BRFS has dependencies on debt financing.
- With a Debt to Equity ratio value of 1.30, BRFS is not doing good in the industry: 77.53% of the companies in the same industry are doing better.
| 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 has a Current ratio of 1.52. This is comparable 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 better Quick ratio (1.05) than 64.04% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.52 | ||
| Quick Ratio | 1.05 |
3. Growth
3.1 Past
- The Earnings Per Share has grown by an impressive 59.91% over the past year.
- Measured over the past years, BRFS shows a very strong growth in Earnings Per Share. The EPS has been growing by 37.09% on average per year.
- BRFS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 13.10%.
- 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.
- BRFS is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.38% yearly.
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
- With a Price/Earnings ratio of 8.05, the valuation of BRFS can be described as very reasonable.
- Based on the Price/Earnings ratio, BRFS is valued cheaper than 89.89% of the companies in the same industry.
- When comparing the Price/Earnings ratio of BRFS to the average of the S&P500 Index (27.07), we can say BRFS is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 9.82, the valuation of BRFS can be described as reasonable.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of BRFS indicates a rather cheap valuation: BRFS is cheaper than 91.01% of the companies listed in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 28.05. BRFS is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.05 | ||
| Fwd PE | 9.82 |
4.2 Price Multiples
- BRFS's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. BRFS is cheaper than 95.51% of the companies in the same industry.
- Based on the Price/Free Cash Flow ratio, BRFS is valued cheaper than 94.38% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.02 | ||
| EV/EBITDA | 3.51 |
4.3 Compensation for Growth
- BRFS's 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
- BRFS has a Yearly Dividend Yield of 17.17%, which is a nice return.
- Compared to an average industry Dividend Yield of 2.22, BRFS pays a better dividend. On top of this BRFS pays more dividend than 98.88% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.82, BRFS pays a better dividend.
| 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 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
- 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 Change-99.97%
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%.