Sendas Distribuidora S.A.

Sendas Distribuidora S.A.

ASAI3.SA
Sendas Distribuidora S.A.BR flagB3 S.A.
8.60
BRL
-0.19
- -
11.54BMarket Cap
Sendas Distribuidora S.A.
ASAI3.SA
(B3 S.A.)

Recent

price

8.60

P/E

ratio

- -

div

yld

- -

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
13.82
17.15
20.93
26.86
31.17
40.45
49.26
54.64
56.84
Revenue per Share
0.37
0.8
0.78
1.04
1.2
0.91
0.53
0.57
0.68
Basic EPS, GAAP
0.27
0.44
1.3
1.38
0.14
0.73
1.98
2.4
3.64
Free Cash Flow per Basic Share
0.06
0.09
0.22
0.36
0.11
0.12
0.09
- -
0.09
Dividend per Share
1.68
1.75
3.29
0.57
0.59
0.94
0.94
0.94
1.08
Book Value per Share
1.7
2.29
4.03
0.23
0.65
-0.82
-0.4
0.05
0.4
Tangible Book Value per Share
1,342
1,342
1,342
1,342
1,344
1,348
1,350
1,351
1,349
Basic Weighted Avg Shares
18,544
23,017
28,082
36,043
41,898
54,520
66,503
73,819
76,673
Sales/Revenue/Turnover
4.82
7.46
5.91
5.96
6.17
5.28
4.79
5.15
5.33
Operating Margin (%)
263
341
484
1,372
687
990
1,476
1,640
1,728
Depreciation Expense
497
1,076
1,047
1,398
1,610
1,220
710
769
918
Net Income, GAAP
29.8
30.71
28.36
26.83
12.93
8.61
- -
17.75
3.97
Effective Tax Rate (%)
2.68
4.67
3.73
3.88
3.84
2.24
1.07
1.04
1.2
Profit Margin (%)
-289
-927
-1,648
-437
128
-2,237
-1,809
136
1,647
Working Capital
1,395
1,201
10,696
8,315
11,227
19,256
21,721
23,713
24,722
LT Debt
3,024
4,092
9,701
1,347
2,766
3,896
4,630
5,255
5,720
Total Equity
- -
21.26
8.05
8.73
15.92
12.79
- -
9.99
12.06
Return on Invested Capital (%)
- -
29.44
10.96
11.28
19.28
14.27
- -
12.2
15.56
Return on Capital (%)
- -
46.75
30.92
53.96
207.88
118.97
56.02
60.46
67.3
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Mar'25
Jun'25
Sep'25
ST Debt
1,648
1,705
1,398
LT Borrowings
15,070
15,331
15,354
LT Finance Leases
8,976
9,379
9,368
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,348
1,347
1,344
Market Capitalization
10,180
15,186
12,828

Working Capital

FRC

in mil. unless spec.
Mar'25
Jun'25
Sep'25
Total Current Assets
15,707
15,053
15,965
Cash, Cash Equivalents & STI
4,402
4,459
4,456
Accounts Receivable, Net
1,820
1,567
1,829
Inventories
8,074
7,795
8,246
Total Current Liabilities
14,897
13,619
14,318
Payables & Accruals
12,877
11,648
12,738
ST Debt
1,648
1,705
1,398
Deferred Revenue
372
266
182

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
18.49%
13.5%
Free Cash Flow
- -
107.1%
21.1%
Net Income, GAAP
- -
-1.81%
8.31%
Sales/Revenue/Turnover
- -
21.54%
11%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
17,222
17,871
18,563
20,163
73,819
2025
18,552
19,002
18,956
18,638
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.09
0.12
- -
0.57
2025
0.09
0.16
0.11
0.24
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
0.08
0.01
- -
- -
- -
Business
Sendas Distribuidora S.A., operating under the brand Assaí Atacadista, is a leading Brazilian company in the wholesale and retail food distribution sector. Founded in 2004 and headquartered in Rio de Janeiro, it specializes in cash-and-carry wholesale operations, serving a diversified customer base that includes food retailers, restaurants, pizzerias, snack bars, grocery stores, supermarkets, schools, small businesses, religious institutions, hospitals, hotels, and individual consumers. Its core products encompass a comprehensive range of over 9,000 grocery items, including food, perishables, beverages (both alcoholic and non-alcoholic), personal hygiene products, cleaning supplies, wrapping products, and automotive and pet lines. The company operates approximately 305 stores and 12 distribution centers across Brazil, providing well-lit, air-conditioned environments with additional services such as butcher counters and parking facilities. In recent developments, Sendas Distribuidora has seen significant shareholder activity with strategic investments by funds linked to the Muffato family, which own substantial share and swap positions in the company as of late 2025. This activity is part of a broader strategy of financial discipline focused on deleveraging and strengthening the balance sheet for 2026. The company continues to expand its footprint and reinforce its position in the Brazilian market by optimizing its cash-and-carry business model under the Assaí brand. There have been no major publicized acquisitions in the past one to two years, but operational and governance revisions were announced recently to support the company’s strategic growth and governance framework. Assaí maintains a commitment to providing a value-driven shopping experience through its broad product offerings, operational excellence, and customer-centric services. Sendas Distribuidora operates exclusively within Brazil, targeting wholesale and retail markets primarily in the food distribution and consumer goods sectors. It holds a strong position in these segments with extensive distribution infrastructure and a large workforce of over 87,000 employees. The company's ongoing focus on enhancing its operational efficiency and governance reflects its intent to capitalize on growth opportunities in Brazil's cash-and-carry retail environment, maintaining robust engagement with diverse customer groups in both urban and regional markets. This comprehensive profile underscores Sendas Distribuidora’s role as a key player in Brazil’s retail wholesale food industry through its Assaí Atacadista brand, its extensive product range, widespread distribution network, and recent shareholder-led strategic initiatives to strengthen financial health and governance.