Natura &Co Holding S.A.
Financial ratios & Valuation

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
60.27128.40182.5782.65117.90432.84-248.5867.86-12.67-13.76N/A117.90
Price/Sales ratio
5.968.346.845.624.824.653.501.770.861.71N/A4.82
Price/Book Value ratio
39.3164.1355.3333.8825.1120.014.722.491.401.97N/A25.11
Price/Cash Flow ratio
58.3141.7869.5755.9176.5851.75100.64-622.9346.72-21.41N/A76.58
Price/Free Cash Flow ratio
175.4655.17114.5688.44179.9794.26211.62-44.63-72.89-14.83N/A179.97
Price/Earnings Growth ratio
-4.54-4.36-4.210.65-6.98-6.020.74-0.240.030.06N/A-6.98
Dividend Yield
1.64%1.03%0.22%0.19%0.31%0.22%0.10%N/A0.57%N/A1.30%0.31%
Profitability Indicator Ratios
Gross Profit Margin
69.62%67.38%66.75%70.45%71.76%72.07%64.16%65.11%63.80%63.81%N/A71.76%
Operating Profit Margin
18.35%15.07%12.82%13.78%9.38%22.90%9.57%5.76%-0.07%-0.57%N/A9.38%
Pretax Profit Margin
14.79%11.08%5.39%9.85%5.02%2.10%-0.66%0.22%-6.48%-9.97%N/A5.02%
Net Profit Margin
9.89%6.50%3.74%6.80%4.09%1.07%-1.40%2.60%-6.81%-12.42%N/A4.09%
Effective Tax Rate
32.39%40.28%27.78%30.98%18.56%48.94%-111.75%-1148.44%-5.07%3.23%N/A18.56%
Return on Assets
10.17%5.46%3.52%4.48%3.56%0.73%-0.85%1.73%-4.53%-7.77%N/A3.56%
Return On Equity
65.21%49.94%30.30%41.00%21.30%4.62%-1.90%3.67%-11.09%-14.38%N/A21.30%
Return on Capital Employed
33.32%24.69%23.90%16.88%11.62%24.21%7.90%4.95%-0.06%-0.47%N/A11.62%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/A1.251.15N/AN/AN/A1.201.25
Quick Ratio
1.071.101.030.871.111.060.870.870.871.23N/A1.11
Cash ratio
0.370.340.260.080.260.600.360.290.310.36N/A0.26
Days of Sales Outstanding
41.7556.8063.7170.9765.3242.5935.5653.8535.1648.11N/A65.32
Days of Inventory outstanding
144.36136.54115.99155.96131.67129.45125.37140.76125.32116.47N/A131.67
Operating Cycle
186.12193.34179.71226.94196.99172.05160.93194.61160.49164.58N/A196.99
Days of Payables Outstanding
97.26113.75113.08194.81167.57165.57186.89176.37153.21175.32N/A167.57
Cash Conversion Cycle
88.8579.5966.6232.1229.416.47-25.9518.247.28-10.74N/A29.41
Debt Ratios
Debt Ratio
0.510.580.520.620.540.500.220.210.240.14N/A0.54
Debt Equity Ratio
3.285.384.485.703.253.200.500.440.600.26N/A3.25
Long-term Debt to Capitalization
0.660.760.720.760.730.680.260.290.370.20N/A0.73
Total Debt to Capitalization
0.760.840.810.850.760.760.330.300.370.20N/A0.76
Interest Coverage Ratio
N/AN/AN/AN/AN/A2.381.54N/AN/AN/A0.592.38
Cash Flow to Debt Ratio
0.200.280.170.100.100.120.09-0.000.04-0.34N/A0.10
Company Equity Multiplier
6.409.138.609.145.976.302.222.112.441.85N/A5.97
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.100.190.090.100.060.090.03-0.000.01-0.07N/A0.06
Free Cash Flow / Operating Cash Flow Ratio
0.330.750.600.630.420.540.4713.95-0.641.44N/A0.42
Cash Flow Coverage Ratio
0.200.280.170.100.100.120.09-0.000.04-0.34N/A0.10
Short Term Coverage Ratio
0.510.730.440.240.750.380.33-0.122.02-13.03N/A0.75
Dividend Payout Ratio
99.44%133.51%41.50%16.32%36.77%98.35%-25.73%N/A-7.28%N/AN/A98.35%