BRF SA Financials

BRFS Stock  USD 3.26  0.09  2.84%   
Based on the key measurements obtained from BRF SA's financial statements, BRF SA ADR is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. At this time, BRF SA's Property Plant And Equipment Gross is comparatively stable compared to the past year. Accumulated Other Comprehensive Income is likely to gain to about 1.8 B in 2024, whereas Short and Long Term Debt Total is likely to drop slightly above 12.5 B in 2024. Key indicators impacting BRF SA's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.571.4099
Moderately Up
Slightly volatile
Current Ratio1.151.3385
Fairly Down
Slightly volatile
The financial analysis of BRF SA is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for BRF SA includes many different criteria found on its balance sheet. For example, investors should never minimize BRF SA's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor BRF SA's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in BRF SA.

Net Income

(1.93 Billion)

With this module, you can analyze BRF financials for your investing period. You should be able to track the changes in BRF SA individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past BRF SA Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of BRF SA's financial statements are interrelated, with each one affecting the others. For example, an increase in BRF SA's assets may result in an increase in income on the income statement.
Evaluating BRF SA's financials involves analyzing a range of financial metrics and ratios to gain insights into the company's financial health and performance. However, considering all of BRF SA's profitability, liquidity ratios, and efficiency indicators at the same time could be an enormous task, and our Financial Distress score can provide you with a snapshot of the BRF SA's relative financial performance

Chance Of Distress

Less than 35

 
100  
 
Zero
Below Average
BRF SA ADR has less than 35 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for BRF SA stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity.
Please note, BRF SA's odds of distress score SHOULD NOT be confused with the real chance of BRF SA ADR filing for bankruptcy protection for chapters 7, 11, 12, or 13. We define Financial Distress as an operational condition where an entity such as BRF is having difficulty meeting its current financial obligations towards its creditors or delivering on the expectations of its investors. Macroaxis derives these conditions daily from public financial statements and analysis of stock prices reacting to market conditions or economic downturns, including short-term and long-term historical volatility. Other factors considered include BRF SA's liquidity analysis, revenue patterns, R&D expenses, and commitments, as well as public headlines and social sentiment.
More Info
The data published in BRF SA's official financial statements usually reflect BRF SA's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of BRF SA ADR. For example, before you start analyzing numbers published by BRF accountants, it's critical to develop an understanding of what BRF SA's liquidity, profitability, and earnings quality are in the context of the Food Products space in which it operates.
Please note, the presentation of BRF SA's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, BRF SA's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in BRF SA's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of BRF SA ADR. Please utilize our Beneish M Score to check the likelihood of BRF SA's management manipulating its earnings.

BRF SA Company Summary

BRF SA competes with Bunge, Altria, Philip Morris, and Everest Consolidator. BRF S.A. focuses on raising, producing, and slaughtering poultry and pork for processing, production, and sale of fresh meat, processed products, pasta, margarine, and other products. BRF S.A. was founded in 1934 and is headquartered in Itaja, Brazil. Brf-Brasil Foods is traded on New York Stock Exchange in the United States.
Specialization
Consumer Defensive, Food, Beverage & Tobacco
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS10552T1079
CUSIP10552T107 71361V303
LocationBrazil
Business AddressAv Das NaCOes
SectorFood Products
IndustryConsumer Staples
BenchmarkNYSE Composite
Websitewww.brf-global.com
Phone55 11 2322 5000
CurrencyUSD - US Dollar
You should never invest in BRF SA without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of BRF Stock, because this is throwing your money away. Analyzing the key information contained in BRF SA's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

BRF SA Key Financial Ratios

Generally speaking, BRF SA's financial ratios allow both analysts and investors to convert raw data from BRF SA's financial statements into concise, actionable information that can be used to evaluate the performance of BRF SA over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that BRF SA ADR reports annually and quarterly.

BRF SA Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets41.7B49.7B55.9B57.9B57.3B29.9B
Other Current Liab666.2M1.2B1.2B4.9B3.1B3.3B
Net Debt16.8B17.4B20.4B18.4B14.5B8.9B
Retained Earnings(4.0B)(2.6B)(2.1B)(2.4B)(2.1B)(2.0B)
Accounts Payable6.6B10.4B13.9B12.7B12.6B13.2B
Cash4.2B7.6B7.5B8.1B9.3B9.7B
Net Receivables3.7B5.1B5.2B5.6B6.3B3.3B
Inventory5.5B8.9B12.6B11.8B9.5B9.9B
Other Current Assets590.7M446.3M481.5M84.8M424.3M514.1M
Total Liab33.6B40.9B47.1B46.0B41.6B20.8B
Total Current Assets15.0B22.9B26.2B26.5B26.0B13.1B
Short Term Debt3.5B1.4B3.7B4.6B3.4B2.7B
Other Liab2.7B1.9B1.6B1.6B1.8B993.1M
Other Assets9.1B9.0B10.0B10.1B1.00.95
Long Term Debt15.5B21.3B22.3B19.6B22.6B23.7B
Good Will2.7B2.9B3.4B3.5B3.4B2.3B
Intangible Assets2.2B2.3B2.7B3.0B3.4B1.8B
Net Tangible Assets3.0B3.4B2.3B4.8B4.4B3.7B
Short Long Term Debt3.1B1.1B3.2B3.9B3.5B3.1B

BRF SA Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what BRF SA's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense2.8B2.2B2.9B3.2B2.9B3.1B
Total Revenue33.4B39.5B48.3B53.8B53.6B56.3B
Gross Profit8.1B9.5B10.2B8.1B8.3B5.6B
Operating Income3.9B2.8B3.0B484.1M788.0M1.4B
Ebit3.9B2.8B3.0B484.1M788.0M748.6M
Ebitda5.9B5.5B5.9B3.5B4.0B2.8B
Cost Of Revenue25.4B30.0B38.2B45.7B45.3B47.6B
Income Before Tax1.1B1.1B(34.8M)(2.8B)(2.0B)(1.9B)
Net Income1.2B1.5B419.5M(3.1B)(2.0B)(1.9B)
Income Tax Expense(125.9M)(242.3M)(552.1M)285.6M(115.9M)(110.1M)
Minority Interest252.7M227.8M(17.9M)(24.8M)(112.6M)(106.9M)
Research Development67.8M65.2M42.0M33.4M48.0M50.4M
Tax Provision(195.4M)(242.3M)(552.1M)285.6M(56.9M)(59.7M)
Interest Income1.2B378.1M489.9M651.9M790.1M599.3M
Net Interest Income(1.8B)(2.1B)(2.6B)(2.6B)(3.0B)(3.1B)

BRF SA Key Cash Accounts

Cash flow analysis captures how much money flows into and out of BRF SA ADR. It measures of how well BRF is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money BRF SA brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money BRF had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what BRF SA has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory(82.6M)(3.1B)(3.7B)712.9M2.0B2.1B
Change In Cash(2.5B)3.3B(47.8M)602.1M1.1B1.2B
Free Cash Flow586.3M3.5B2.2B194.9M(156.2M)(148.4M)
Depreciation2.0B2.4B2.7B3.0B3.2B3.4B
Other Non Cash Items2.6B3.0B3.3B2.0B10.0B10.5B
Capital Expenditures420.6M900.8M1.7B1.7B2.4B2.5B
Net Income1.2B1.4B517.3M(3.1B)(2.0B)(1.9B)
End Period Cash Flow1.4B7.6B7.5B8.1B9.3B9.7B
Investments1.4B25.3M237.0M(3.3B)(2.3B)(2.2B)
Net Borrowings(4.6B)(380.6M)890.0M(1.2B)(1.1B)(1.1B)
Change To Netincome753.5M1.5B1.9B3.9B4.4B4.7B

BRF Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining BRF SA's current stock value. Our valuation model uses many indicators to compare BRF SA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across BRF SA competition to find correlations between indicators driving BRF SA's intrinsic value. More Info.
BRF SA ADR is rated second in current liabilities category among related companies. It is number one stock in cash and equivalents category among related companies creating about  0.71  of Cash And Equivalents per Current Liabilities. The ratio of Current Liabilities to Cash And Equivalents for BRF SA ADR is roughly  1.41 . Comparative valuation analysis is a catch-all model that can be used if you cannot value BRF SA by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for BRF SA's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the BRF SA's earnings, one of the primary drivers of an investment's value.

BRF SA ADR Systematic Risk

BRF SA's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. BRF SA volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on BRF SA ADR correlated with the market. If Beta is less than 0 BRF SA generally moves in the opposite direction as compared to the market. If BRF SA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one BRF SA ADR is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of BRF SA is generally in the same direction as the market. If Beta > 1 BRF SA moves generally in the same direction as, but more than the movement of the benchmark.

About BRF SA Financials

What exactly are BRF SA Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include BRF SA's income statement, its balance sheet, and the statement of cash flows. Potential BRF SA investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although BRF SA investors may use each financial statement separately, they are all related. The changes in BRF SA's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on BRF SA's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze BRF SA Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as BRF SA is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of BRF has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if BRF SA's financials are consistent with your investment objective using the following steps:
  • Review BRF SA's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand BRF SA's liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare BRF SA's financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if BRF SA's stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.
Today, most investors in BRF SA Stock are looking for potential investment opportunities by analyzing not only static indicators but also various BRF SA's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of BRF SA growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.19

At this time, BRF SA's Price Earnings To Growth Ratio is comparatively stable compared to the past year.

BRF SA March 28, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of BRF SA help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of BRF SA ADR. We use our internally-developed statistical techniques to arrive at the intrinsic value of BRF SA ADR based on widely used predictive technical indicators. In general, we focus on analyzing BRF Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build BRF SA's daily price indicators and compare them against related drivers.
When determining whether BRF SA ADR is a strong investment it is important to analyze BRF SA's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BRF SA's future performance. For an informed investment choice regarding BRF Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BRF SA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the BRF SA ADR information on this page should be used as a complementary analysis to other BRF SA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Complementary Tools for BRF Stock analysis

When running BRF SA's price analysis, check to measure BRF SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BRF SA is operating at the current time. Most of BRF SA's value examination focuses on studying past and present price action to predict the probability of BRF SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BRF SA's price. Additionally, you may evaluate how the addition of BRF SA to your portfolios can decrease your overall portfolio volatility.
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Is BRF SA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BRF SA. If investors know BRF will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BRF SA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.02
Earnings Share
(0.30)
Revenue Per Share
39.415
Quarterly Revenue Growth
(0.02)
Return On Assets
0.0065
The market value of BRF SA ADR is measured differently than its book value, which is the value of BRF that is recorded on the company's balance sheet. Investors also form their own opinion of BRF SA's value that differs from its market value or its book value, called intrinsic value, which is BRF SA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BRF SA's market value can be influenced by many factors that don't directly affect BRF SA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BRF SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if BRF SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BRF SA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.