Risk factor
Very poor trading liquidity
Profitability factor
Very low or no dividends
About
PBG S.A. is a Brazilian-based company that manufactures, exports, and sells a wide array of ceramic and porcelain products both domestically and internationally. Their product line features various types of tiles, including those for flooring, technical and enameled porcelain, decorative items, mosaic tiles, and materials for interior walls and exterior facades. Additionally, the company provides supplementary services within the civil construction materials industry. PBG S.A. distributes its products through a diverse set of channels, including its approximately 142 Portobello Shop retail stores, home improvement centers, and directly to development and construction firms. Established in 1977, the company, formerly known as Portobello S.A., rebranded to PBG S.A. in December 2015 and maintains its headquarters in Tijucas, Brazil.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is neutral on EV/EBITDA.