Offshore Production Improvements Will Yield Potential Gains Amid Risks

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

05 Dec 24

Updated

01 May 25

AnalystConsensusTarget's Fair Value

R$57.43

35.1% undervalued

04 Sep

R$37.28

1Y

-15.8%

7D

-2.5%

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1Y

-15.8%

7D

-2.5%

You can edit this narrative until May 12 6:02 AM. Then, changes will post as Updates.

Author's Valuation

R$57.4335.1% undervalued

AnalystConsensusTarget Fair Value

Shared on01 May 25
Fair value Decreased 12%

Shared on23 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on17 Apr 25
Fair value Decreased 1.31%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on09 Apr 25
Fair value Decreased 0.56%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on02 Apr 25
Fair value Increased 8.45%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on26 Mar 25
Fair value Decreased 9.56%

AnalystConsensusTarget has decreased future PE multiple from 9.9x to 8.3x.

Shared on12 Mar 25
Fair value Increased 19%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

AnalystConsensusTarget Fair Value

R$57.43

35.1% undervalued

Future estimation in

% p.a.

0

Decrease

Increase

Current revenue growth rate

20.54%

Oil and Gas revenue growth rate

1.27%

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

19.32%

Calculation

R$6.57b

Earnings '28

x

11.12x

PE Ratio '28

=

R$73.08b

Market Cap '28

R$73.08b

Market Cap '28

/

746.14m

No. shares '28

=

R$97.94

Share Price '28

R$97.94 Share Price '28

Discounted to 2025 @ 19.48% p.a.

=

R$57.42

Fair Value '25