BEEF3: Index Addition And Shareholder Meeting Will Shape Near-Term Outlook

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

12 Feb 25

Updated

15 Dec 25

Views

53

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

3.5%

7D

-6.5%

Loading

1Y

3.5%

7D

-6.5%

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

Author's Valuation

R$8.1430.8% undervalued

AnalystConsensusTarget Fair Value

Shared on 15 Dec 25

Fair value Decreased 0.71%

BEEF3: Higher Required Returns May Still Allow Shares To Climb

Analysts have trimmed their price target on Minerva by approximately $0.06 per share. This reflects slightly higher perceived risk from a modestly increased discount rate, which more than offsets small improvements in projected revenue growth and future valuation multiples.

Shared on 01 Dec 25

Fair value Increased 3.31%

BEEF3: Fair Value Shift And Rising Margins Could Lift Shares This Year

Analysts have raised their fair value estimate for Minerva from $7.93 to $8.20 per share. This reflects slightly more optimistic forecasts for revenue growth and profitability.

Shared on 17 Nov 25

Fair value Increased 1.06%

BEEF3: Future Index Inclusion Could Drive Shares Higher This Year

Analysts have marginally raised their price target for Minerva from $7.85 to $7.93, citing updates to the discount rate and growth assumptions as reasons for the adjustment. What's in the News Minerva S.A. was recently added to the Brazil Valor BM&FBOVESPA Index (Key Developments) Valuation Changes Fair Value increased slightly from R$7.85 to R$7.93 per share.

Shared on 01 Nov 25

Fair value Increased 3.01%

Narrative Update: Minerva Price Target Revision Analysts have raised their fair value estimate for Minerva from $7.62 to $7.85. This increase reflects modest improvements in projected revenue growth and a slightly lower discount rate.

Shared on 17 Oct 25

Fair value Increased 3.39%

Analysts have raised Minerva's fair value estimate from $7.37 to $7.62. This change reflects updates in the discount rate, revenue growth, profit margin, and future price-to-earnings expectations.

Shared on 03 Oct 25

Fair value Increased 4.49%

Analysts have raised their price target for Minerva from $7.05 to $7.37, citing improved revenue growth forecasts and a slightly higher profit margin outlook as key drivers of the increase. What's in the News Minerva S.A. is being added to the Brazil Valor BM&FBOVESPA Index, marking an important milestone for the company (Key Developments).

Shared on 01 May 25

Fair value Decreased 19%

Shared on 23 Apr 25

Fair value Increased 1.16%

AnalystConsensusTarget has increased profit margin from 1.5% to 1.8% and decreased future PE multiple from 11.9x to 9.2x.

Shared on 17 Apr 25

Fair value Increased 1.29%

AnalystConsensusTarget has decreased revenue growth from 21.6% to 15.4%.

Shared on 19 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 13 Mar 25

Fair value Increased 22%

AnalystConsensusTarget has increased revenue growth from 16.8% to 21.6%, decreased profit margin from 1.9% to 1.4% and increased future PE multiple from 7.5x to 11.9x.

AnalystConsensusTarget Fair Value

R$8.14

30.8% undervalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

5.88%

Food revenue growth rate

0.44%

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

23.87%

Calculation

R$2.14b

Earnings '28

x

15.51x

PE Ratio '28

=

R$33.15b

Market Cap '28

R$33.15b

Market Cap '28

/

2.16b

No. shares '28

=

R$15.32

Share Price '28

R$15.32 Share Price '28

Discounted to 2025 @ 23.47% p.a.

=

R$8.14

Fair Value '25