Looks like there`s been an error while trying to load this page.
Our team has been notified but please contact us using the email support widget if the problem persists.
| Metrics | Range | Conclusion |
|---|---|---|
| Selected LTM Ps Multiple | 0.8x - 0.9x | 0.9x |
| Selected Fwd Ps Multiple | 0.6x - 0.6x | 0.6x |
| Fair Value | R$4.26 - R$4.71 | R$4.49 |
| Upside | 30.8% - 44.6% | 37.7% |
| Benchmarks | Ticker | Full Ticker |
|---|---|---|
| Helbor Empreendimentos S.A. | - | BOVESPA:HBOR3 |
| Moura Dubeux Engenharia S.A. | - | BOVESPA:MDNE3 |
| LPS Brasil - Consultoria de Imóveis S.A. | - | BOVESPA:LPSB3 |
| JHSF Participações S.A. | - | BOVESPA:JHSF3 |
| Lavvi Empreendimentos Imobiliários S.A. | - | BOVESPA:LAVV3 |
| Melnick Desenvolvimento Imobiliário S.A. | - | BOVESPA:MELK3 |
| Select Price / LTM Sales Ratio | ||||||||
| Benchmark Companies | ||||||||
| HBOR3 | MDNE3 | LPSB3 | JHSF3 | LAVV3 | MELK3 | |||
| BOVESPA:HBOR3 | BOVESPA:MDNE3 | BOVESPA:LPSB3 | BOVESPA:JHSF3 | BOVESPA:LAVV3 | BOVESPA:MELK3 | |||
| Historical Sales Growth | ||||||||
| 5Y CAGR | -0.3% | 30.9% | 10.8% | 20.4% | 51.5% | 12.8% | ||
| 3Y CAGR | 10.2% | 36.3% | 3.0% | -7.1% | 36.5% | 10.1% | ||
| Latest Twelve Months | -0.4% | 36.4% | 0.5% | 0.9% | 71.5% | -13.1% | ||
| Historical Net Income Profit Margin | ||||||||
| 5 Year Average Margin | 10.3% | 1.4% | 14.8% | 44.8% | 28.3% | 11.4% | ||
| Prior Fiscal Year | 4.0% | 13.5% | 6.1% | 2.8% | 25.6% | 8.8% | ||
| Latest Fiscal Year | 4.4% | 16.0% | 12.9% | 53.6% | 22.1% | 6.9% | ||
| Latest Twelve Months | 4.4% | 16.0% | 6.6% | 53.6% | 22.1% | 6.9% | ||
| Current Trading Multiples | ||||||||
| EV / LTM EBITDA | 11.3x | 4.7x | 2.5x | 9.3x | 4.2x | 9.6x | ||
| Price / LTM Sales | 0.2x | 0.8x | 1.1x | 1.8x | 1.2x | 0.6x | ||
| LTM P/E Ratio | 4.3x | 4.8x | 16.4x | 13.3x | 5.4x | 9.3x | ||
| Low | Mid | High | ||||||
| Benchmark LTM P/S Ratio | 0.2x | 1.1x | 1.8x | |||||
| Historical LTM P/S Ratio | 0.6x | 1.0x | 2.8x | |||||
| Selected Price / Sales Multiple | 0.8x | 0.9x | 0.9x | |||||
| (x) LTM Sales | 1,029 | 1,029 | 1,029 | |||||
| (=) Equity Value | 861 | 906 | 951 | |||||
| (/) Shares Outstanding | 204.3 | 204.3 | 204.3 | |||||
| Implied Value Range | 4.21 | 4.44 | 4.66 | |||||
| FX Rate: BRL/BRL | 1.0 | 1.0 | 1.0 | Market Price | ||||
| Implied Value Range (Trading Cur) | 4.21 | 4.44 | 4.66 | 3.26 | ||||
| Upside / (Downside) | 29.3% | 36.1% | 42.9% | |||||
| Equity Value | |||||||
| Benchmark Companies | |||||||
| (in millions) | HBOR3 | MDNE3 | LPSB3 | JHSF3 | LAVV3 | MELK3 | |
| Value of Common Equity | 242 | 1,218 | 199 | 2,800 | 1,862 | 666 | |
| (/) Shares Outstanding | 132.7 | 83.8 | 137.3 | 678.0 | 195.4 | 204.3 | |
| Implied Stock Price | 1.82 | 14.53 | 1.45 | 4.13 | 9.53 | 3.26 | |
| FX Conversion Rate to Trading Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |
| Implied Stock Price (Trading Cur) | 1.82 | 14.53 | 1.45 | 4.13 | 9.53 | 3.26 | |
| Trading Currency | BRL | BRL | BRL | BRL | BRL | BRL | |
| FX Rate to Reporting Currency | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |