ITSA4: Stable Earnings Outlook Will Drive Long-Term Value Appreciation

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

23 Mar 25

Updated

15 Dec 25

Views

54

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

32.8%

7D

-2.6%

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1Y

32.8%

7D

-2.6%

You can edit this narrative until Dec 16 3:10 PM. Then, changes will post as Updates.

Author's Valuation

R$13.6215.8% undervalued

AnalystConsensusTarget Fair Value

Shared on 15 Dec 25

ITSA4: Future Returns Will Reflect Stable Earnings Multiple And Undervalued Upside Potential

Analysts have slightly adjusted their price target on Itaúsa to reflect a refined discount rate and a modestly lower future earnings multiple. However, the implied fair value remains effectively unchanged at R$13.62.

Shared on 01 Dec 25

Fair value Increased 3.81%

ITSA4: Future Returns Will Reflect Balanced Risks And Modest Opportunities Ahead

Analysts have raised their price target for Itaúsa from R$13.12 to R$13.62, citing modest improvements in projected revenue growth and fair value estimates, even with minor adjustments in other financial metrics. Valuation Changes Fair Value: Increased from R$13.12 to R$13.62, reflecting a modest upward adjustment.

Shared on 17 Nov 25

Fair value Increased 1.29%

ITSA4: Future Returns Will Balance Modest Risks And Opportunities Ahead

Analysts have raised their price target for Itaúsa from R$12.95 to R$13.12, citing stronger projected revenue growth. This comes despite marginal increases in the discount rate and a slight reduction in profit margins.

Shared on 03 Nov 25

Analysts have maintained the fair value estimate for Itaúsa at R$12,95, citing stability in market fundamentals despite minor adjustments in key financial projections. What's in the News Itaúsa S.A. has scheduled a Board Meeting for August 11, 2025.

Shared on 20 Oct 25

Itaúsa Price Target Receives Minor Upward Revision Analysts have slightly increased their price target for Itaúsa to R$12.95. This marginal adjustment reflects minor changes in key financial assumptions.

Shared on 05 Oct 25

Fair value Increased 1.57%

Analysts have raised their price target for Itaúsa from $12.75 to $12.95. They cite slight improvements in discount rate assumptions and other financial metrics as factors behind the update.

Shared on 05 Sep 25

With Itaúsa’s discount rate and future P/E both essentially unchanged, the consensus analyst price target also remained steady at R$12.75. What's in the News Board meetings held to consider interest on capital.

Shared on 01 May 25

Fair value Increased 6.25%

Shared on 23 Apr 25

Fair value Decreased 4.51%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

Fair value Increased 4.73%

Shared on 09 Apr 25

Fair value Increased 0.33%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Decreased 0.42%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

Fair value Decreased 4.11%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget Fair Value

R$13.62

15.8% undervalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

27.04%

Banks revenue growth rate

0.27%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

20.30%

Calculation

R$22.49b

Earnings '28

x

12.07x

PE Ratio '28

=

R$271.36b

Market Cap '28

R$271.36b

Market Cap '28

/

11.45b

No. shares '28

=

R$23.69

Share Price '28

R$23.69 Share Price '28

Discounted to 2025 @ 20.28% p.a.

=

R$13.62

Fair Value '25