Risk factor
Resilient to price shocks
Profitability factor
Very strong margins and returns
About
Track & Field Co S.A. is dedicated to the creation and distribution of a diverse array of athletic and leisure goods. Their comprehensive product line features performance wear, everyday casual clothing, swimwear, footwear, and complementary accessories. The company markets its offerings through both its digital e-commerce platform and a widespread network of brick-and-mortar retail locations. As of March 31, 2022, this retail footprint included 300 physical stores, consisting of 41 directly owned establishments and 259 franchised outlets. Founded in 1988, the firm's primary corporate operations are managed from São Paulo, Brazil.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers. Specifically, the stock is fairly valued on P/E, neutral on EV/EBITDA, over
Target Price
The average target price of TFCO4.SA is 18 and suggests 22.5% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in