Pet Retail Market and Valuation Outlook
DCF: FCFF
62
DCF: BRL 25.4 target price with a 39% upside
Petz proved to be a great company, with accurate projections, but how has this been reflected in the share price?
The most part of the company's value is in the future...
Target Price Breakdown; [BRL]
...and even in the worst macro scenarios, Petz is inexpensive...
Sensitivity Analysis - WACC; [BRL]
BRL 3.2
Source: Team 7
BRL 18.2
-BRL 0.3
BRL 4.0 BRL 25.4
Cost of Capital (WACC)
39% Upside
BRL 18.2
Perpetuity Growth (g)
4.4% 106% 79% 57%
4.8% 119% 88% 64%
45%
5.1% 135% 100% 73%
5.5% 156% 114% 83%
5.9% 182% 132% 95% 68%
51%
59%
37% 8.4% 8.9% 9.4% 9.9% 10.4% 10.9% 11.4% 11.9% 12.4%
4.0% 95% 70% 51% 34% 20% 9% -1% -10% -17%
39% 24% 12% 1% -8% -16%
29% 15% 4% -6% -14%
34% 19% 7% -3% -12%
24% 11% 0% -10%
29% 15% 3%
39%
46%
-7%
6.3% 218% 154% 111% 79%
54%
35% 19% 6%
-4%
6.6% 269% 185% 130% 92% 63% 42% 24% 10% -1%
7.0% 347% 226% 155% 108% 75% 50% 31% 15% 2%
BUY (Returns > 10%) = 74%
HOLD (-10% < Returns < 10%) = 19%
SELL (Returns < -10%) = 7%
21E-30E
Perpetuity
Net Debt
Zee.Dog
Target Price Current Price
Overview | Promissing Industry | Assertive Hub-and-Spoke Strategy | Expansion to Outpace | Healthy and Solid Ecosystem | ESG | Valuation & RisksView entire presentation