Banco BTG Pactual

Acquisitions Of Orama, MY Safra, And Julius Baer Will Expand Scale And Product Offerings In Asset And Wealth Management

AnalystConsensusTarget

Not Invested

Consensus Narrative from 12 Analysts

Published

24 Nov 24

Updated

31 Jul 25

AnalystConsensusTarget's Fair Value

R$44.25

11.7% undervalued

31 Jul

R$39.07

19.3%

-0.7%

Author's Valuation

R$44.3

11.7% undervalued

AnalystConsensusTarget Fair Value

Narrative

Updates8

Shared on01 May 25
Fair value Increased 7.12%

Shared on23 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on17 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on09 Apr 25
Fair value Decreased 0.39%

AnalystConsensusTarget has increased discount rate from 20.9% to 24.1%.

Shared on02 Apr 25
Fair value Increased 2.62%

AnalystConsensusTarget has decreased shares outstanding growth rate from 0.0% to -0.0%.

Shared on26 Mar 25
Fair value Increased 0.62%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on19 Mar 25
Fair value Decreased 4.95%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on12 Mar 25
Fair value Increased 0.20%

AnalystConsensusTarget Fair Value

R$44.3

11.7% undervalued

Future estimation in

% p.a.

Decrease

Increase

Current revenue growth rate

2.88%

Capital Markets revenue growth rate

0.21%

Risk Level (Discount Rate)

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

Decrease

Increase

Current discount rate

25.38%

Calculation

R$19.26b

Earnings '28

21.64x

PE Ratio '28

R$416.83b

Market Cap '28

R$416.83b

Market Cap '28

4.74b

No. shares '28

R$87.86

Share Price '28

R$87.86 Share Price '28

Discounted to 2025 @ 25.69% p.a.

R$44.25

Fair Value '25

Acquisitions Of Orama, MY Safra, And Julius Baer Will Expand Scale And Product Offerings In Asset And Wealth Management

Shared on01 May 25Fair value Increased 7.12%

Shared on23 Apr 25

Shared on17 Apr 25

Shared on09 Apr 25Fair value Decreased 0.39%

Shared on02 Apr 25Fair value Increased 2.62%

Shared on26 Mar 25Fair value Increased 0.62%

Shared on19 Mar 25Fair value Decreased 4.95%

Shared on12 Mar 25Fair value Increased 0.20%

Shared on01 May 25
Fair value Increased 7.12%

Shared on09 Apr 25
Fair value Decreased 0.39%

Shared on02 Apr 25
Fair value Increased 2.62%

Shared on26 Mar 25
Fair value Increased 0.62%

Shared on19 Mar 25
Fair value Decreased 4.95%

Shared on12 Mar 25
Fair value Increased 0.20%