- Localiza’s net income for the 4th quarter was R$750.9 million, which is an 18% increase from the previous year.
- This net income met the estimated R$751 million.
- The company’s revenue was R$7.91 billion, up by 34% from the previous year.
- However, this was slightly lower than the estimated revenue of R$8.08 billion.
- The Ebitda was R$2.88 billion, falling short of the estimated R$2.95 billion.
- The Ebit margin was 44.9%, down from 46.3% the previous year.
- Ebit was R$1.83 billion, slightly lower than the estimated R$1.85 billion.
- The net debt/Ebitda ratio was 2.78 times.
- Looking at the full year results for 2023, the net income was R$2.48 billion, a decrease of 9.7% from the previous year.
- On the investment front, there were 12 buys and 4 holds, with no sells.
A look at Localiza Rent A Car Sa Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 1 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Localiza Rent A Car Sa, a company that rents automobiles, has a promising long-term outlook according to the Smartkarma Smart Scores. The company scored a 2 out of 5 for value, indicating that it may be undervalued in the market. Additionally, with a score of 3 for both growth and resilience, Localiza shows potential for future expansion and stability in the face of challenges. The company also scored a 3 for momentum, suggesting positive market sentiment and potential for continued growth. However, with a score of 1 for dividends, investors may not see significant returns in the form of dividends from Localiza. Overall, the Smart Scores indicate a positive outlook for Localiza Rent A Car Sa as it continues to operate and expand primarily through airport locations in Brazil and other parts of Latin America, while also offering additional services such as used car sales and fleet management.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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