Pet Retail Market and Valuation Outlook
Appendix 15
87
15: Multiples Analysis
*0
-10
-20
When we look at Petz's FWD 1-Y P/E, we see that the stock is very
undervalued, being -20 below the fair average. In this regard, we
believe that it is an ideal time to buy Petz's stock...
20
10
0/20 12/20
12/20 02/21 04/21 06/21 08/21
10/21
Source: Refinitiv; Team 7
Ticker
5-Y EPS Growth (CAGR)
FWD P/E Ratio
ARZZ3
51.6%
24.4x
90x
ESPA3
20.0%
14.6x
RADL3
24.0%
35.5x
85x
SBFG3
15.6%
27.4x
80x
LREN3
1.4%
28.2x
PCAR3
-18.6%
12.0x
75x
PETZ3
49.0%
82.8x
AMER3
20.9%
86.0x
70x
65x
60x
Looking now at our fair 1-Y FWD P/E, we see that the company
is able to have high growth that will justify its CAGR in the
coming years. In our analysis, we decided to compare the
company to other retailers listed on the Brazilian stock
exchange that have an expansion plan throughout Brazil as a
common factor.View entire presentation