Sendas Distributor S.A. - Understand $asai stock

$ASAI Market Cap: $12.78 Billion

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Financial Snapshot

Revenue

$68.63B

TTM

Gross Margin

16.3%

TTM

Net Earnings

$698.0M

TTM

Current Assets

$13.30B

Q1 2024

Current Liabilities

$17.36B

Q1 2024

Current Ratio

76.59%

Q1 2024

Total Assets

$41.71B

Q1 2024

Total Liabilities

$37.01B

Q1 2024

Book Value

$4.698B

Q1 2024

Cash

$4.144B

Q1 2024

P/E

18.31

Nov 29, 2024 EST

Free Cash Flow

$3.244B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$66.50B	$54.52B	$41.90B	$36.04B	$28.08B	$23.02B	$18.54B
YoY Change	21.98%	30.13%	16.24%	28.35%	22.01%	24.12%	16.46%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017
Revenue	$66.50B	$54.52B	$41.90B	$36.04B	$28.08B	$23.02B	$18.54B
Cost Of Revenue	$55.68B	$45.56B	$34.75B	$30.13B	$23.35B	$18.85B	$15.58B
Gross Profit	$10.82B	$8.963B	$7.145B	$5.914B	$4.733B	$4.172B	$2.966B
Gross Profit Margin	16.27%	16.44%	17.05%	16.41%	16.85%	18.13%	15.99%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017
Selling, General & Admin	$6.242B	$5.166B	$3.922B	$3.246B	$2.625B	$2.183B	$1.798B
YoY Change	20.83%	31.72%	20.83%	23.66%	20.25%	21.41%	-2.39%
% of Gross Profit	57.68%	57.64%	54.89%	54.89%	55.46%	52.33%	60.62%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.476B	$990.0M	$687.0M	$1.372B	$484.0M	$341.0M	$263.0M
YoY Change	49.09%	44.1%	-49.93%	183.47%	41.94%	29.66%	73.03%
% of Gross Profit	13.64%	11.05%	9.62%	23.2%	10.23%	8.17%	8.87%
Operating Expenses	$7.636B	$6.071B	$4.551B	$3.581B	$3.020B	$2.539B	$2.081B
YoY Change	25.78%	33.4%	27.09%	18.58%	18.94%	22.01%	0.77%
Operating Profit	$3.185B	$2.892B	$2.594B	$2.333B	$1.713B	$1.633B	$885.0M
YoY Change	10.13%	11.49%	11.19%	36.19%	4.9%	84.52%	83.61%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017
Interest Expense	-$2.735B	-$1.535B	-$708.0M	-$405.0M	-$218.0M	-$113.0M	-$141.0M
YoY Change	78.18%	116.81%	74.81%	85.78%	92.92%	-19.86%	58.43%
% of Operating Profit	-85.87%	-53.08%	-27.29%	-17.36%	-12.73%	-6.92%	-15.93%
Other Income/Expense, Net	$55.00M	$64.00M	$25.00M	-$38.00M	$18.00M	-$7.000M	-$1.000M
YoY Change	-14.06%	156.0%	-165.79%	-311.11%	-357.14%	600.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017
Pretax Income	$554.0M	$1.335B	$1.849B	$1.625B	$1.502B	$1.553B	$708.0M
YoY Change	-58.5%	-27.8%	13.78%	8.19%	-3.28%	119.35%	73.11%
Income Tax	-$156.0M	$115.0M	$239.0M	$436.0M	$426.0M	$477.0M	$211.0M
% Of Pretax Income	-28.16%	8.61%	12.93%	26.83%	28.36%	30.71%	29.8%
Net Earnings	$710.0M	$1.220B	$1.610B	$1.398B	$1.047B	$1.076B	$497.0M
YoY Change	-41.8%	-24.22%	15.16%	33.52%	-2.7%	116.5%	63.49%
Net Earnings / Revenue	1.07%	2.24%	3.84%	3.88%	3.73%	4.67%	2.68%
Basic Earnings Per Share
Diluted Earnings Per Share	$0.52	$0.91	$1.198M	$1.042M	$3.902M	$4.010M	$1.852M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018
Cash & Short-Term Investments	$5.459B	$5.842B	$2.550B	$3.532B	$5.026B	$1.411B
YoY Change	-6.56%	129.1%	-27.8%	-29.73%	256.2%
Cash & Equivalents	$5.085B	$5.605B	$2.451B	$3.439B	$1.935B
Short-Term Investments
Other Short-Term Assets	$194.0M	$193.0M	$642.0M	$94.00M	$250.0M	$68.00M
YoY Change	0.52%	-69.94%	582.98%	-62.4%	267.65%
Inventory	$6.664B	$6.467B	$4.380B	$3.739B	$5.190B	$2.235B
Prepaid Expenses
Receivables	$1.199B	$570.0M	$265.0M	$182.0M	$491.0M	$137.0M
Other Receivables	$1.100B	$1.107B	$935.0M	$802.0M	$1.325B	$347.0M
Total Short-Term Assets	$14.62B	$14.18B	$8.772B	$8.349B	$12.28B	$4.198B
YoY Change	3.08%	61.64%	5.07%	-32.02%	192.57%
Property, Plant & Equipment	$21.37B	$19.18B	$10.32B	$7.476B	$14.65B	$4.655B
YoY Change	11.4%	85.88%	38.04%	-48.98%	214.76%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$864.0M	$833.0M	$789.0M	$769.0M	$3.371B
YoY Change	3.72%	5.58%	2.6%	-77.19%
Other Assets	$559.0M	$226.0M	$202.0M	$146.0M	$216.0M	$138.0M
YoY Change	147.35%	11.88%	38.36%	-32.41%	56.52%
Total Long-Term Assets	$28.56B	$26.44B	$14.08B	$10.47B	$23.62B	$6.735B
YoY Change	8.03%	87.75%	34.47%	-55.67%	250.75%
Total Assets	$43.18B	$40.62B	$22.85B	$18.82B	$35.91B	$10.93B
YoY Change
Accounts Payable	$12.11B	$13.20B	$6.310B	$5.099B	$9.922B	$3.607B
YoY Change	-8.26%	109.19%	23.75%	-48.61%	175.08%
Accrued Expenses	$922.0M	$849.0M	$583.0M	$899.0M	$899.0M	$246.0M
YoY Change	8.6%	45.63%	-35.15%	0.0%	265.45%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$2.647B	$1.695B	$857.0M	$2.292B	$1.876B	$757.0M
YoY Change	56.17%	97.78%	-62.61%	22.17%	147.82%
Total Short-Term Liabilities	$16.43B	$16.42B	$8.644B	$8.723B	$13.93B	$5.125B
YoY Change	0.05%	89.91%	-0.91%	-37.38%	171.8%
Long-Term Debt	$21.72B	$19.26B	$11.23B	$8.315B	$10.70B	$1.201B
YoY Change	12.8%	71.52%	35.02%	-22.26%	790.59%
Other Long-Term Liabilities	$401.0M	$1.050B	$217.0M	$291.0M	$387.0M	$250.0M
YoY Change	-61.81%	383.87%	-25.43%	-24.81%	54.8%
Total Long-Term Liabilities	$22.12B	$20.31B	$11.44B	$8.606B	$11.08B	$1.451B
YoY Change	8.94%	77.44%	32.98%	-22.35%	663.82%
Total Liabilities	$38.55B	$36.72B	$20.09B	$17.41B	$28.81B	$6.841B
YoY Change	4.97%	82.81%	15.38%	-39.56%	321.09%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $12.777 Billion

About Sendas Distributor S.A.

Sendas Distribuidora SA engages in the retail and wholesale of food and other products through its stores. The company is headquartered in Rio De Janeiro, Rio De Janeiro and currently employs 80,000 full-time employees. The company went IPO on 2021-03-01. The Firm's activities are divided into two operational segments: Cash & Carry and Retail. Through the Cash & Carry segment, the Company offers food, bazaar items and other products to wholesale customers, through self-service stores operated in Brazil under the Assai brand name. The Retail segments includes operations of hypermarkets, supermarkets and convenience shops under following brands: Exito, Carulla, Surtimaorista, Surtimax, Super Inter and Viva Malls in Colombia; Devoto, Disco and Geant in Uruguay; and Libertad, Mini Libertad and Paseo Libertad Malls in Argentina.

Industry: Retail-Grocery Stores Peers: