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SOJA3: Higher Future P/E Will Support Repricing Despite Revised Assumptions

Rising Global Food Demand Will Fuel Resilient Seed Systems

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SOJA3
AnalystHighTarget
Not Invested
Published 31 Aug 2025
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Update shared on 30 Mar 2026

Fair value Decreased 2.08%
28 Apr
R$6.15
AnalystHighTarget's Fair Value
R$12.00
48.8% undervalued intrinsic discount
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1Y
-43.5%
7D
0.7%

Analysts have trimmed their price target for Boa Safra Sementes from R$15.10 to about R$14.79, citing updates to fair value estimates that reflect revised assumptions for future revenue growth, profit margins, and a higher expected P/E multiple.

Valuation Changes

  • Fair Value: Revised from R$15.10 to about R$14.79, a small reduction in the central valuation estimate.
  • Discount Rate: Adjusted from 18.09% to about 18.75%, indicating a higher required return in the updated model.
  • Revenue Growth: Assumption moved from about 13.06% to roughly 4.65%, pointing to a more conservative outlook for top line expansion in R$ terms.
  • Profit Margin: Updated from roughly 6.15% to about 5.76%, reflecting slightly lower expected profitability on R$ revenue.
  • Future P/E: Reset from around 16.83x to about 28.76x, indicating a higher valuation multiple applied to projected earnings.

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