Construtora Tenda S.A. is a Brazilian developer and builder focused on developing popular residential developments. The company's business model focuses on the production of housing units for low-income families, with most of its projects under the federal government's housing program, My House, My Life. The company stands out for its use of an industrialized and standardized construction method, known as off-site construction, which uses wood frame structures to gain scale and efficiency. Tenda's operations are concentrated in large metropolitan regions in several Brazilian states. The company manages the entire project cycle, from land acquisition and project development to construction, sales and client financing.
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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