BRF SA-ADR (BRFS) Stock Fundamental Analysis
NYSE:BRFS - US10552T1079 - ADR
3.665 USD
+0.02 (+0.41%)
Taking everything into account, BRFS scores 6 out of 10 in our fundamental rating. BRFS was compared to 90 industry peers in the Food Products industry. BRFS has an excellent profitability rating, but there are some minor concerns on its financial health. BRFS scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings would make BRFS suitable for value 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.
BRFS had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 5.58%, BRFS is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
Looking at the Return On Equity, with a value of 21.28%, BRFS belongs to the top of the industry, outperforming 92.22% 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 88.89% 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
With a decent Profit Margin value of 5.61%, BRFS is doing good in the industry, outperforming 75.56% of the companies in the same industry.
BRFS's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 11.29%, BRFS is in the better half of the industry, outperforming 76.67% of the companies in the same industry.
In the last couple of years the Operating Margin of BRFS has grown nicely.
BRFS has a Gross Margin of 26.31%. This is in the better half of the industry: BRFS outperforms 62.22% of its industry peers.
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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BRFS is still 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.
Compared to 1 year ago, BRFS has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 2.12 indicates that BRFS is not a great score, but indicates only limited risk for bankruptcy at the moment.
BRFS has a Altman-Z score of 2.12. This is comparable to the rest of the industry: BRFS outperforms 47.78% 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.
BRFS has a Debt to FCF ratio of 2.59. This is amongst the best in the industry. BRFS outperforms 83.33% of its industry peers.
BRFS has a Debt/Equity ratio of 1.30. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.30, BRFS is doing worse than 80.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.3 | ||
| Debt/FCF | 2.59 | ||
| Altman-Z | 2.12 |
ROIC/WACC1.35
WACC9.16%
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.
The Current ratio of BRFS (1.52) is comparable to the rest of the industry.
A Quick Ratio of 1.05 indicates that BRFS should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.05, BRFS is doing good in the industry, outperforming 64.44% of the companies in the same industry.
| 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.
BRFS shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 37.09% yearly.
The Revenue has grown by 13.10% in the past year. This is quite good.
Measured over the past years, BRFS shows a quite strong growth in Revenue. The Revenue has been growing by 12.91% on average per year.
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
Based on estimates for the next years, BRFS will show a decrease in Earnings Per Share. The EPS will decrease by -3.96% on average per year.
Based on estimates for the next years, BRFS will show a small growth in Revenue. The Revenue will grow by 5.70% on average per year.
EPS Next Y3.42%
EPS Next 2Y-5.1%
EPS Next 3Y-3.96%
EPS Next 5YN/A
Revenue Next Year7.62%
Revenue Next 2Y6.35%
Revenue Next 3Y5.7%
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 8.94.
Based on the Price/Earnings ratio, BRFS is valued cheaply inside the industry as 85.56% of the companies are valued more expensively.
BRFS's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.08.
A Price/Forward Earnings ratio of 11.24 indicates a reasonable valuation of BRFS.
BRFS's Price/Forward Earnings ratio is rather cheap when compared to the industry. BRFS is cheaper than 83.33% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.67, BRFS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.94 | ||
| Fwd PE | 11.24 |
4.2 Price Multiples
94.44% of the companies in the same industry are more expensive than BRFS, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, BRFS is valued cheaply inside the industry as 95.56% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.31 | ||
| EV/EBITDA | 3.76 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive 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 -3.96% in the coming years.
PEG (NY)2.61
PEG (5Y)0.24
EPS Next 2Y-5.1%
EPS Next 3Y-3.96%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.56%, BRFS has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 4.60, BRFS pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.34, BRFS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.56% |
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-5.1%
EPS Next 3Y-3.96%
NYSE:BRFS (8/27/2025, 1:41:58 PM)
3.665
+0.02 (+0.41%)
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 Cap5.87B
Analysts76.92
Price Target4.87 (32.88%)
Short Float %2.59%
Short Ratio3.65
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.56% |
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)0.47%
PT rev (3m)4.2%
EPS NQ rev (1m)10.14%
EPS NQ rev (3m)-24.61%
EPS NY rev (1m)-4.59%
EPS NY rev (3m)-6.31%
Revenue NQ rev (1m)0.79%
Revenue NQ rev (3m)-1.66%
Revenue NY rev (1m)-1.66%
Revenue NY rev (3m)-1.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.94 | ||
| Fwd PE | 11.24 | ||
| P/S | 0.5 | ||
| P/FCF | 3.31 | ||
| P/OCF | 2.48 | ||
| P/B | 1.88 | ||
| P/tB | 3.05 | ||
| EV/EBITDA | 3.76 |
EPS(TTM)0.41
EY11.19%
EPS(NY)0.33
Fwd EY8.9%
FCF(TTM)1.11
FCFY30.21%
OCF(TTM)1.48
OCFY40.27%
SpS7.39
BVpS1.95
TBVpS1.2
PEG (NY)2.61
PEG (5Y)0.24
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 | 2.12 |
F-Score9
WACC9.16%
ROIC/WACC1.35
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 Year7.62%
Revenue Next 2Y6.35%
Revenue Next 3Y5.7%
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%