Pet Retail Market and Valuation Outlook slide image

Pet Retail Market and Valuation Outlook

Petz Projections Source: Team 7 107 73 168 87 141 109 128 127 59 Store Expansion Store Renovation CAPEX: High but Sustainable Megastores have very high capex but Petz is able to generate cash on that... CAPEX will increase in the next following years.... Expansion & Renovation CAPEX; [BRL mn] 118 143 100 158 130 Payment only in 26E adjusted to CPI... ...however, the company should sustent it with great cash generation... CFO CFI Evolution; [BRL mn] Zee.Dog Acquisition Payment Driven by stores maturation... 992 96 171 81 182 63 191 47 199 21E 22E 23E 24E 25E 26E 27E 28E 29E 30E Overview | Promissing Industry | Assertive Hub-and-Spoke Strategy | Expansion to Outpace | Healthy and Solid Ecosystem | ESG | Valuation & Risks 830 670 525 397 121 120 16 -69 -75 21E 22E 23E 24E 25E 26E 27E 28E 29E 30E
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