Sendas Distribuidora S.A. Sponsored ADR

ASAIY Consumer Defensive Grocery Stores

Sendas Distribuidora S.A. Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $13.8 billion, up 1.17% from fiscal 2024.

Revenue
+13.2%
EPS
+157.1%
Free cash flow
+91.0%
Total debt
+14.3%

Quarter to June 2026, against a year earlier

7.63 0.29 +3.95%
Market cap
$1.3B
P/E
10.9×
Fwd P/E
7.5×
Dividend yield
0.00%
F-score
7/9
Altman Z
2.15
Beneish M
−2.82
Dividend safety
52/100

Insider Decisions last twelve months

Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 4.48%

Capital & Financial Ratios $m

Size
Market Cap 1,260.00
Revenue ttm 14,659.09
Net income ttm 188.82
Free cash flow ttm 859.22
Net debt Q 4,354.59
Valuation
P/E 10.90
Forward P/E 7.46
Price / sales 0.14
Forward P/S Powerpack
Price / FCF 2.38
Price / book 1.63
Financial health
Current ratio Q 1.12
Debt / equity Q 4.17 (above 2: weak)
Interest coverage Q 0.00
Growth
Revenue growth Q +13.15% (above 0%: growing)
Operating income growth Q +56.84% (above 0%: growing)
EPS, this year −1.06% (below 0%: weak)
EPS, next year A +16.85% (at or above 15%: strong)
Revenue, next year A +661.77% (at or above 10%: strong)
EPS, past 5 yrs −20.06% (below 0%: weak)
EPS, next 5 yrs A +23.98% (at or above 15%: strong)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 2.66%
10-year low 10-year high
P/S against its own 10 years 11.49%
10-year low 10-year high
P/B against its own 10 years 3.92%
10-year low 10-year high
EV/Sales against its own 10 years 16.12%
10-year low 10-year high
EV/FCF against its own 10 years 19.05%
10-year low 10-year high

Dividends

Yield
0.00%
Annual rate
0.00
Payout ratio
0.00%
Growth, 2021–25
−8.22%/yr
  1. 0.11 ’21
  2. 0.16 ’22 +47
  3. 0.05 ’23 −66
  4. 0.00 ’24 −100
  5. 0.08 ’25
  6. 0.13 ’26e +73
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 1,103 1,061 1,050 886
Receivables 490 649 771 921
Inventory 1,335 1,321 1,344 1,558
Other — — 3 4
2,928 3,049 3,188 3,411
2023 2024 2025 Q'26
Payables 2,426 2,159 2,226 2,125
ST’ Debt 424 386 308 431
Other — 24 22 0
3,290 3,024 3,012 3,038

Compound Annual Growth %

10y 5y 3y
Sales — 14.64% 9.45%
Cash Flow — 8.32% 0.51%
Earnings — (19.97%) (27.78%)
Book Value — 30.65% 9.64%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 0.23 0.36 — — —
’25 0.07 0.14 0.10 0.01 0.33
’24 0.05 0.09 0.10 0.27 0.53
’23 0.05 0.12 0.14 0.22 0.53
’22 0.03 0.05 0.20 0.06 0.87
’21 0.03 0.21 0.12 0.07 1.10
’20 0.00 0.00 0.06 — 1.01
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 3,539 3,795 — — —
’25 3,167 3,354 3,480 3,845 13,846
’24 3,477 3,424 3,347 3,438 13,686
’23 2,906 3,229 3,482 3,704 13,321
’22 2,394 2,546 2,639 3,016 10,561
’21 1,643 1,897 2,076 2,075 7,764
’20 2,487 2,468 2,575 — 6,992
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (76) 292 — — —
’25 68 176 300 468 1,012
’24 92 13 223 586 914
’23 5 527 163 499 1,194
’22 169 249 305 356 996
’21 (38) 94 121 386 606
’20 (367) 187 43 679 679
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (101) 272 — — —
’25 15 142 259 430 846
’24 8 (70) 168 495 602
’23 (98) 352 (67) 353 540
’22 169 (283) 136 356 191
’21 (38) (49) (1) 386 74
’20 (367) 187 43 493 477
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Jun ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue — 5,602 5,932 6,986 6,992 7,764 10,561 13,321 13,686 13,846 14,659 +12.0% 105,472 110,961 116,531 +103.4%
Gross margin, % — 14.71 16.77 15.45 16.41 17.05 16.44 16.27 16.56 16.87 18.07 +2.2 pt
EBT — 214 400 374 315 343 259 111 173 42 204 (18.4%)
EBT margin, % — 3.82 6.75 5.35 4.51 4.41 2.45 0.83 1.27 0.30 1.39 (3.5) pt
Net income — 0 277 264 302 298 236 142 143 89 189 n/m
Per share, $
Per share, $ Revenue — 34.03 34.34 27.11 26.09 28.88 39.17 49.34 50.65 51.43 54.67 +5.3%
Earnings — 0.92 1.60 1.01 1.01 1.11 0.88 0.53 0.53 0.33 0.70 (12.0%)
Cash flow — 2.02 2.30 3.05 2.53 2.26 3.70 4.42 3.38 3.76 3.67 +8.1%
Capex — 0.00 0.00 0.00 (0.75) (1.98) (2.99) (2.42) (1.16) (0.62) (0.46) n/m
Free cash flow — 2.02 2.30 3.05 1.78 0.28 0.71 2.00 2.23 3.14 3.20 +5.7%
Book value — 5.55 6.10 6.85 0.98 1.91 2.80 3.43 3.61 3.70 4.68 (5.0%)
Shares, m — 165 173 258 268 269 270 270 270 269 269 +6.3%
Valuation, ×
Valuation, × P/E — 39.91 39.91 39.91 39.91 27.44 50.42 24.91 8.76 20.75 10.90 32.4
P/S — 0.35 0.35 0.35 0.35 0.42 0.43 0.27 0.09 0.13 0.14 0.3
P/B — 13.35 13.35 13.35 13.35 6.43 6.20 3.84 1.24 1.80 1.63 8.1
EV/Sales — 0.48 0.48 0.48 0.48 0.64 0.70 0.54 0.36 0.39 0.44 0.5
EV/FCF — 8.89 8.89 8.89 8.89 8.72 65.45 13.39 8.19 6.44 7.45 15.3
Cash, $m
Cash, $m Operating cash flow — 333 398 786 679 606 996 1,194 914 1,012 984 +14.9%
Capex — (224) (244) (350) (202) (532) (806) (654) (313) (166) (125) (3.7%)
Free cash flow — 333 398 786 477 74 191 540 602 846 859 +12.4%
Balance, $m
Balance, $m Working capital — (87) (239) (410) (85) 24 (433) (362) 25 176 373 n/m
Net debt — 179 141 1,877 1,328 1,721 2,837 3,671 3,722 3,663 4,355 +45.9%
Shareholders’ equity — 914 1,055 1,766 261 513 755 927 974 995 1,256 +1.1%
Returns, %
Returns, % ROA — 5.68 19.68 4.43 4.31 7.57 3.91 1.72 1.67 1.05 2.19 (4.6) pt
ROIC — 0.00 0.00 0.00 15.78 13.37 9.61 8.94 9.48 8.71 9.33 +8.7 pt
ROE — 15.26 28.18 18.47 26.76 77.10 37.30 16.91 14.99 9.04 16.66 (6.2) pt
People
People Employees — — — — 39,197 50,154 73,898 77,370 86,749 92,878 — +18.8%
Revenue/emp, $m — 0.00 0.00 0.00 0.18 0.15 0.14 0.17 0.16 0.15 — n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026

Sendas Distribuidora S.A. Sponsored ADR vs peers in Grocery Stores (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
WMK Weis Markets, Inc. $2.0B 19.6× 16.0× +4.64% (above 0%: growing) −8.91% (below 0%: shrinking) +16,012.87% (above 0%: growing) 25.75% 2.28% Compare
YSWY Yesway Inc. $1.6B — — — — — 19.26% 5.19% Compare
IMKTA Ingles Markets, Incorporated $1.6B 15.1× — (loss-making) +1.64% (above 0%: growing) −1.42% (below 0%: shrinking) −4.33% (below 0%: shrinking) 24.30% 2.52% Compare
GO Grocery Outlet Holding Corp. $1.3B — (loss-making) — (loss-making) +1.10% (above 0%: growing) +20.00% (above 0%: growing) −95.75% (below 0%: shrinking) 30.24% 1.32% Compare
ASAIY Sendas Distribuidora S.A. Sponsored ADR $1.3B 10.9× 7.5× +13.15% (above 0%: growing) +157.14% (above 0%: growing) +90.96% (above 0%: growing) 19.21% 7.24%
DNUT Krispy Kreme, Inc. $798.1M — (loss-making) — (loss-making) −12.40% (below 0%: shrinking) n/m −43.97% (below 0%: shrinking) 73.90% (2.73%) Compare
NGVC Natural Grocers by Vitamin Cottage, Inc. $674.3M 14.2× 13.8× +1.84% (above 0%: growing) −5.88% (below 0%: shrinking) +130.15% (above 0%: growing) 29.28% 4.48% Compare
VLGEA Village Super Market, Inc. $569.1M 10.8× 12.3× +1.65% (above 0%: growing) −12.82% (below 0%: shrinking) −11.47% (below 0%: shrinking) 28.24% 2.85% Compare
DDL Dingdong (Cayman) Limited Sponsored ADR $329.9M 4.9× 10.6× −98.71% (below 0%: shrinking) +200.00% (above 0%: growing) −81.43% (below 0%: shrinking) 15.27% (96.20%) Compare
Median of peers $1.0B 14.2× 13.1× +1.64% −3.65% −11.47% 27.00% 2.40%

All 14 Grocery Stores stocks →

Sendas Distribuidora S.A. Sponsored ADR (ASAIY) Latest News

26 Sep

Impact 4 ·
stockrow.com/ASAIY · Data as of Oct 26, 2026 · For information only; not investment advice. · © 2026 stockrow.com