EcoRodovias Infraestrutura e Logística

ECOR3: Urbanization And Technology Will Drive Toll Road Modernization

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

17 Feb 25

Updated

27 Nov 25

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

104.7%

7D

-3.9%

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1Y

104.7%

7D

-3.9%

You can edit this narrative until Nov 28 7:05 PM. Then, changes will post as Updates.

Author's Valuation

R$10.291.0% overvalued

AnalystConsensusTarget Fair Value

Shared on 27 Nov 25

Fair value Increased 1.29%

ECOR3: Modestly Lower Discount Rate And Improved Margins Will Sustain Fair Value

Analysts have slightly raised their price target for EcoRodovias Infraestrutura e Logística from R$10.16 to R$10.29. This adjustment reflects updated expectations for improved profit margins and a modestly lower discount rate, despite more conservative revenue growth assumptions.

Shared on 13 Nov 25

Fair value Increased 1.93%

ECOR3: Lower Discount Rate And Stable Margins Will Support Fair Valuation

Analysts have increased their price target for EcoRodovias Infraestrutura e Logística, raising the fair value estimate from R$9.97 to R$10.16. They cite a lower discount rate and favorable financial projections as key factors in the revision.

Shared on 30 Oct 25

Narrative Update on EcoRodovias Infraestrutura e Logística Analysts have maintained their price target for EcoRodovias Infraestrutura e Logística at R$9.97. They cite stable fair value estimates, along with only marginal adjustments to discount rates and projected profit margins.

Shared on 15 Oct 25

Fair value Increased 3.18%

Analysts have raised their price target for EcoRodovias Infraestrutura e Logística from R$9.66 to R$9.97. This change is due to adjustments to discount rates and modest improvements in projected revenue declines.

Shared on 01 May 25

Fair value Increased 10%

Shared on 23 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 17 Apr 25

Fair value Increased 0.92%

AnalystConsensusTarget has decreased profit margin from 11.9% to 10.0% and increased future PE multiple from 11.8x to 14.3x.

Shared on 09 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Increased 3.46%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

Fair value Decreased 4.66%

AnalystConsensusTarget has increased profit margin from 10.2% to 11.9% and decreased future PE multiple from 15.1x to 12.2x.

Shared on 19 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 13 Mar 25

Fair value Decreased 5.87%

AnalystConsensusTarget has decreased discount rate from 26.5% to 23.5%.

AnalystConsensusTarget Fair Value

R$10.29

1.0% overvalued

Future estimation in

% p.a.

0

Decrease

Increase

Current revenue growth rate

-9.31%

Infrastructure revenue growth rate

0.26%

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

18.53%

Calculation

R$855.23m

Earnings '28

x

13.95x

PE Ratio '28

=

R$11.93b

Market Cap '28

R$11.93b

Market Cap '28

/

695.62m

No. shares '28

=

R$17.15

Share Price '28

R$17.15 Share Price '28

Discounted to 2025 @ 18.59% p.a.

=

R$10.28

Fair Value '25