Multiplan Emprendientos Imobiliarios S.A. is one of the largest companies in the shopping center sector in Brazil, acting as an integrated company that plans, develops, owns and manages its projects. Its core portfolio consists of 20 malls and two corporate complexes spread across the country, totaling approximately 6,000 stores. The company's main source of revenue comes from the rental of commercial spaces, complemented by revenues from parking and mall and media services. Additionally, Multiplan acts strategically in the development and sale of commercial and residential properties. Many of these real estate projects are built in areas adjacent to their malls, creating multipurpose complexes that create synergies and value surrounding assets. The company also uses its super app, Multi, to integrate its loyalty program and digital services, improving the consumer experience. Fonts Create Audio Brief
How many years of EBITDA are required to pay off the company's net debt considering the lease agreements, according to the official accounting standard IFRS16. As a market consensus, a value of up to 3 years of leverage is accepted for most companies.
How much the company's debt represents in % in relation to its equity. As a market consensus, a value less than or equal to 1 is accepted, above that leverage can end up hurting the final result at some point.
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