Minerva S.A. (BVMF:BEEF3)

Minerva Ratios and Metrics

Market cap in millions BRL. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Oct 10, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	6,406	2,995	4,383	7,572	6,091	5,551
Market Cap Growth	63.67%	-31.68%	-42.11%	24.31%	9.73%	7.96%
Enterprise Value	21,220	12,482	13,863	14,146	11,946	10,318
Last Close Price	6.53	4.51	6.61	10.82	8.49	7.34
PE Ratio	-	-	10.41	11.60	10.17	7.96
Forward PE	6.53	9.09	5.66	6.97	10.11	10.73
PS Ratio	0.14	0.09	0.16	0.24	0.23	0.29
PB Ratio	3.15	34.34	6.65	7.13	9.31	6.61
P/TBV Ratio	-	-	-	-	-	86.93
P/FCF Ratio	1.61	0.51	2.19	3.19	2.86	1.92
P/OCF Ratio	1.33	0.46	1.63	2.42	2.35	1.72
EV/Sales Ratio	0.48	0.37	0.52	0.46	0.44	0.53
EV/EBITDA Ratio	5.33	4.03	5.40	4.88	5.03	4.90
EV/EBIT Ratio	6.68	5.06	6.71	5.67	5.86	5.75
EV/FCF Ratio	5.33	2.14	6.92	5.97	5.62	3.56
Debt / Equity Ratio	13.18	345.32	32.73	12.99	20.55	13.83
Debt / EBITDA Ratio	6.72	9.69	8.37	4.75	5.63	5.52
Debt / FCF Ratio	6.72	5.16	10.77	5.82	6.32	4.01
Asset Turnover	1.12	0.96	1.08	1.49	1.46	1.29
Inventory Turnover	9.01	8.72	10.26	10.79	11.35	13.54
Quick Ratio	1.06	1.23	1.65	1.34	1.55	1.55
Current Ratio	1.34	1.48	1.86	1.60	1.90	1.77
Return on Equity (ROE)	-50.71%	-418.82%	45.94%	76.32%	80.16%	249.67%
Return on Assets (ROA)	5.00%	4.36%	5.17%	7.52%	6.89%	7.44%
Return on Capital (ROIC)	7.07%	5.88%	6.96%	10.76%	9.60%	9.89%
Return on Capital Employed (ROCE)	13.20%	9.60%	11.00%	18.80%	15.90%	17.10%
Earnings Yield	-13.22%	-52.05%	9.61%	8.62%	9.83%	12.56%
FCF Yield	62.16%	195.00%	45.72%	31.32%	34.92%	52.19%
Dividend Yield	-	-	-	5.32%	8.11%	13.97%
Payout Ratio	-	-	27.07%	50.28%	64.03%	19.86%
Buyback Yield / Dilution	-33.35%	-0.26%	-0.44%	-0.10%	-11.09%	-31.20%
Total Shareholder Return	-	-0.26%	-0.44%	5.22%	-2.98%	-17.23%

Updated Mar 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.