Grendene S.A. Logo

Grendene S.A.

GRND3.SA

(2.5)
Stock Price

5,92 BRL

13.61% ROA

16.04% ROE

12.18x PER

Market Cap.

6.297.058.156,00 BRL

2.66% DER

18.13% Yield

22.92% NPM

Grendene S.A. Stock Analysis

Grendene S.A. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Grendene S.A. Fundamental Stock Analysis
# Analysis Rating
1 ROA

The stock's ability to make a lot of money from its assets shows that it is very profitable, making it a good choice for people who want to invest and make a lot of money.

2 DER

The stock has a minimal amount of debt (3%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

3 Dividend

With a solid track record of dividend payments over the past five years, the company has established itself as a dependable choice for investors seeking consistent income.

4 ROE

The stock's ROE falls within an average range (14.48%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

5 PBV

The stock's PBV ratio (1.82x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Graham Number

The company's Graham number indicates that it is undervalued compared to its stock price, suggesting a potentially favorable investment opportunity.

7 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (25), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

8 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

9 Net Profit Growth

This company's net profit has remained stagnant over the past five years, indicating a lack of growth and making it a less favorable investment option.

10 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

11 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

Grendene S.A. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Grendene S.A. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

Grendene S.A. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Grendene S.A. Revenue
Year Revenue Growth
2003 1.061.093.000
2004 1.211.618.000 12.42%
2005 1.068.046.000 -13.44%
2006 1.102.878.000 3.16%
2007 1.203.213.000 8.34%
2008 1.324.611.000 9.16%
2009 1.455.757.000 9.01%
2010 1.604.507.000 9.27%
2011 1.482.636.000 -8.22%
2012 1.882.326.000 21.23%
2013 2.187.264.000 13.94%
2014 2.233.298.000 2.06%
2015 2.202.796.000 -1.38%
2016 2.045.115.000 -7.71%
2017 2.251.972.000 9.19%
2018 2.333.452.000 3.49%
2019 2.071.034.000 -12.67%
2020 1.896.785.000 -9.19%
2021 2.342.546.000 19.03%
2022 2.512.656.000 6.77%
2023 2.756.412.000 8.84%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Grendene S.A. Research and Development Expenses
Year Research and Development Expenses Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 551.000 100%
2015 387.000 -42.38%
2016 3.000 -12800%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Grendene S.A. General and Administrative Expenses
Year General and Administrative Expenses Growth
2003 61.801.000
2004 66.370.000 6.88%
2005 49.904.000 -33%
2006 46.211.000 -7.99%
2007 44.199.000 -4.55%
2008 50.790.000 12.98%
2009 58.977.000 13.88%
2010 61.878.000 4.69%
2011 61.177.000 -1.15%
2012 70.413.000 13.12%
2013 79.032.000 10.91%
2014 31.612.000 -150.01%
2015 31.346.000 -0.85%
2016 22.669.000 -38.28%
2017 16.767.000 -35.2%
2018 15.026.000 -11.59%
2019 15.446.000 2.72%
2020 15.250.000 -1.29%
2021 17.301.000 11.85%
2022 20.003.000 13.51%
2023 109.316.000 81.7%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Grendene S.A. EBITDA
Year EBITDA Growth
2003 283.831.000
2004 129.107.000 -119.84%
2005 157.125.000 17.83%
2006 232.772.000 32.5%
2007 199.359.000 -16.76%
2008 246.376.000 19.08%
2009 178.491.000 -38.03%
2010 414.988.000 56.99%
2011 432.006.000 3.94%
2012 532.681.000 18.9%
2013 567.102.000 6.07%
2014 601.590.000 5.73%
2015 714.467.000 15.8%
2016 717.853.000 0.47%
2017 787.025.000 8.79%
2018 711.851.000 -10.56%
2019 611.452.000 -16.42%
2020 565.440.000 -8.14%
2021 626.638.000 9.77%
2022 572.781.000 -9.4%
2023 733.956.000 21.96%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Grendene S.A. Gross Profit
Year Gross Profit Growth
2003 518.115.000
2004 511.584.000 -1.28%
2005 443.590.000 -15.33%
2006 492.992.000 10.02%
2007 517.870.000 4.8%
2008 599.169.000 13.57%
2009 566.046.000 -5.85%
2010 651.246.000 13.08%
2011 642.139.000 -1.42%
2012 882.158.000 27.21%
2013 993.702.000 11.23%
2014 1.025.919.000 3.14%
2015 1.067.883.000 3.93%
2016 996.527.000 -7.16%
2017 1.100.756.000 9.47%
2018 1.106.124.000 0.49%
2019 944.523.000 -17.11%
2020 874.455.000 -8.01%
2021 1.030.067.000 15.11%
2022 1.007.762.000 -2.21%
2023 1.253.512.000 19.6%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Grendene S.A. Net Profit
Year Net Profit Growth
2003 203.221.000
2004 67.654.000 -200.38%
2005 85.401.000 20.78%
2006 134.983.000 36.73%
2007 126.008.000 -7.12%
2008 243.162.000 48.18%
2009 272.211.000 10.67%
2010 312.467.000 12.88%
2011 305.451.000 -2.3%
2012 429.003.000 28.8%
2013 433.540.000 1.05%
2014 490.244.000 11.57%
2015 551.223.000 11.06%
2016 634.492.000 13.12%
2017 660.929.000 4%
2018 585.530.000 -12.88%
2019 494.954.000 -18.3%
2020 405.206.000 -22.15%
2021 601.005.000 32.58%
2022 568.027.000 -5.81%
2023 537.104.000 -5.76%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Grendene S.A. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 1 0%
2015 1 0%
2016 0 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 0 0%
2021 1 0%
2022 1 0%
2023 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Grendene S.A. Free Cashflow
Year Free Cashflow Growth
2003 106.156.000
2004 158.072.000 32.84%
2005 250.707.000 36.95%
2006 170.620.000 -46.94%
2007 261.820.000 34.83%
2008 167.980.000 -55.86%
2009 215.579.000 22.08%
2010 293.215.000 26.48%
2011 28.404.000 -932.3%
2012 129.023.000 77.99%
2013 149.269.000 13.56%
2014 365.869.000 59.2%
2015 369.493.000 0.98%
2016 495.003.000 25.36%
2017 418.243.000 -18.35%
2018 411.569.000 -1.62%
2019 374.395.000 -9.93%
2020 42.639.000 -778.06%
2021 450.675.000 90.54%
2022 362.944.000 -24.17%
2023 17.336.000 -1993.59%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Grendene S.A. Operating Cashflow
Year Operating Cashflow Growth
2003 163.440.000
2004 185.573.000 11.93%
2005 291.334.000 36.3%
2006 182.060.000 -60.02%
2007 281.388.000 35.3%
2008 192.181.000 -46.42%
2009 250.956.000 23.42%
2010 326.231.000 23.07%
2011 68.147.000 -378.72%
2012 193.188.000 64.73%
2013 303.305.000 36.31%
2014 484.959.000 37.46%
2015 442.718.000 -9.54%
2016 566.471.000 21.85%
2017 525.726.000 -7.75%
2018 483.835.000 -8.66%
2019 426.826.000 -13.36%
2020 108.886.000 -291.99%
2021 556.396.000 80.43%
2022 536.078.000 -3.79%
2023 48.796.000 -998.61%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Grendene S.A. Capital Expenditure
Year Capital Expenditure Growth
2003 57.284.000
2004 27.501.000 -108.3%
2005 40.627.000 32.31%
2006 11.440.000 -255.13%
2007 19.568.000 41.54%
2008 24.201.000 19.14%
2009 35.377.000 31.59%
2010 33.016.000 -7.15%
2011 39.743.000 16.93%
2012 64.165.000 38.06%
2013 154.036.000 58.34%
2014 119.090.000 -29.34%
2015 73.225.000 -62.64%
2016 71.468.000 -2.46%
2017 107.483.000 33.51%
2018 72.266.000 -48.73%
2019 52.431.000 -37.83%
2020 66.247.000 20.86%
2021 105.721.000 37.34%
2022 173.134.000 38.94%
2023 31.460.000 -450.33%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Grendene S.A. Equity
Year Equity Growth
2003 692.726.000
2004 737.286.000 6.04%
2005 851.170.000 13.38%
2006 979.029.000 13.06%
2007 1.117.928.000 12.42%
2008 1.258.970.000 11.2%
2009 1.464.396.000 14.03%
2010 1.675.292.000 12.59%
2011 1.800.563.000 6.96%
2012 1.952.332.000 7.77%
2013 2.060.734.000 5.26%
2014 2.315.374.000 11%
2015 2.616.489.000 11.51%
2016 2.921.998.000 10.46%
2017 3.217.609.000 9.19%
2018 3.465.042.000 7.14%
2019 3.682.436.000 5.9%
2020 4.230.168.000 12.95%
2021 4.094.330.000 -3.32%
2022 4.364.132.000 6.18%
2023 3.483.508.000 -25.28%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Grendene S.A. Assets
Year Assets Growth
2003 922.398.000
2004 1.050.068.000 12.16%
2005 1.159.440.000 9.43%
2006 1.417.403.000 18.2%
2007 1.460.458.000 2.95%
2008 1.628.300.000 10.31%
2009 1.764.469.000 7.72%
2010 1.999.297.000 11.75%
2011 2.045.624.000 2.26%
2012 2.291.452.000 10.73%
2013 2.369.342.000 3.29%
2014 2.682.013.000 11.66%
2015 3.045.642.000 11.94%
2016 3.253.820.000 6.4%
2017 3.576.008.000 9.01%
2018 3.860.756.000 7.38%
2019 4.064.447.000 5.01%
2020 4.675.706.000 13.07%
2021 4.554.495.000 -2.66%
2022 4.821.920.000 5.55%
2023 3.865.075.000 -24.76%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Grendene S.A. Liabilities
Year Liabilities Growth
2003 229.672.000
2004 312.782.000 26.57%
2005 157.255.000 -98.9%
2006 438.374.000 64.13%
2007 342.530.000 -27.98%
2008 368.560.000 7.06%
2009 299.900.000 -22.89%
2010 323.631.000 7.33%
2011 244.672.000 -32.27%
2012 337.890.000 27.59%
2013 301.382.000 -12.11%
2014 354.079.000 14.88%
2015 428.882.000 17.44%
2016 331.750.000 -29.28%
2017 358.399.000 7.44%
2018 395.714.000 9.43%
2019 382.011.000 -3.59%
2020 445.538.000 14.26%
2021 460.165.000 3.18%
2022 457.788.000 -0.52%
2023 381.567.000 -19.98%

Grendene S.A. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
2.7
Net Income per Share
0.57
Price to Earning Ratio
12.18x
Price To Sales Ratio
2.58x
POCF Ratio
8.03
PFCF Ratio
9.86
Price to Book Ratio
1.81
EV to Sales
2.61
EV Over EBITDA
9.67
EV to Operating CashFlow
8.11
EV to FreeCashFlow
9.96
Earnings Yield
0.08
FreeCashFlow Yield
0.1
Market Cap
6,30 Bil.
Enterprise Value
6,36 Bil.
Graham Number
7.06
Graham NetNet
0.68

Income Statement Metrics

Net Income per Share
0.57
Income Quality
1.52
ROE
0.14
Return On Assets
0.14
Return On Capital Employed
0.12
Net Income per EBT
0.92
EBT Per Ebit
1.32
Ebit per Revenue
0.19
Effective Tax Rate
0.06

Margins

Sales, General, & Administrative to Revenue
0.03
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.44
Operating Profit Margin
0.19
Pretax Profit Margin
0.25
Net Profit Margin
0.23

Dividends

Dividend Yield
0.18
Dividend Yield %
18.13
Payout Ratio
0.15
Dividend Per Share
1.27

Operating Metrics

Operating Cashflow per Share
0.87
Free CashFlow per Share
0.71
Capex to Operating CashFlow
-0.19
Capex to Revenue
-0.06
Capex to Depreciation
-1.52
Return on Invested Capital
0.13
Return on Tangible Assets
0.14
Days Sales Outstanding
0
Days Payables Outstanding
15.93
Days of Inventory on Hand
108.35
Receivables Turnover
0
Payables Turnover
22.92
Inventory Turnover
3.37
Capex per Share
-0.16

Balance Sheet

Cash per Share
0,88
Book Value per Share
3,86
Tangible Book Value per Share
3.79
Shareholders Equity per Share
3.86
Interest Debt per Share
0.15
Debt to Equity
0.03
Debt to Assets
0.02
Net Debt to EBITDA
0.1
Current Ratio
7.09
Tangible Asset Value
3,42 Bil.
Net Current Asset Value
2,10 Bil.
Invested Capital
0.03
Working Capital
2,13 Bil.
Intangibles to Total Assets
0.02
Average Receivables
0,53 Bil.
Average Payables
0,06 Bil.
Average Inventory
416595500
Debt to Market Cap
0.01

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Grendene S.A. Dividends
Year Dividends Growth
2008 1
2009 1 100%
2010 0 0%
2011 1 0%
2012 1 0%
2013 1 0%
2014 1 0%
2015 1 0%
2016 1 100%
2017 1 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 1 0%
2022 0 0%
2023 1 100%

Grendene S.A. Profile

About Grendene S.A.

Grendene S.A. develops, manufactures, distributes, and sells footwear for women, men, and children primarily in Brazil. The company sells its products under the Melissa, Rider, Grendha, Ipanema, Ilhabela, Zaxy, Cartago, Pega Forte, Grendene Kids, and Zizou brands. It also licenses the use of names and brands of Brazilian and international celebrities, and children's-market characters in the children's media. In addition, the company operates one Melissa showroom in Milan; a network of approximately 336 Clube Melissa franchised stores in Brazil; and four concept stores, including three Galeria Melissa stores in São Paulo, New York, and London, as well as a Casa Ipanema store in Rio de Janeiro. It sells its products through commercial representatives and distributors. The company also exports its products. Grendene S.A. was founded in 1971 and is headquartered in Sobral, Brazil.

CEO
Mr. Rudimar Dall'Onder
Employee
16.374
Address
Avenida Pimentel Gomes 214
Sobral, 62040-125

Grendene S.A. Executives & BODs

Grendene S.A. Executives & BODs
# Name Age
1 Luiz Carlos Schneider
Controller Division Manager
70
2 Mr. Alceu Demartini de Albuquerque
Chief Administrative & Financial Officer, Investor Relations Officer and Member of Executive Board
70
3 Mr. Rudimar Dall'Onder
Chief Executive Officer & Member of Executive Board
70
4 Mr. Gelson Luis Rostirolla
Deputy Chief Executive Officer & Member of Executive Board
70
5 Gisele Carina Pistore Pereira
Accountant
70
6 Paulo Antônio Pedó Filho
Brand Director of Melissa
70

Grendene S.A. Competitors