EZTEC Empreendimentos e Participações (EZTC3) Stock Overview
EZTEC Empreendimentos e Participações S.A. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 3/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 4/6 |
EZTC3 Community Fair Values
Create NarrativeSee what 8 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
EZTEC Empreendimentos e Participações S.A. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R$13.35 |
| 52 Week High | R$16.72 |
| 52 Week Low | R$10.12 |
| Beta | 0.44 |
| 1 Month Change | 1.52% |
| 3 Month Change | -6.12% |
| 1 Year Change | 22.39% |
| 3 Year Change | -6.11% |
| 5 Year Change | -43.00% |
| Change since IPO | 120.38% |
Recent News & Updates
Narrative Update • Jun 15
EZTC3: Future Discount Rate Refinement Will Support Bullish Repricing Narrative
Analysts have kept their R$23.00 price target for EZTEC Empreendimentos e Participações unchanged, citing slightly adjusted assumptions on discount rate, revenue growth, profit margin and future P/E as the key drivers of their maintained view. What's in the News No recent company specific news items for EZTEC Empreendimentos e Participações were identified in the provided sources.
Narrative Update • Jun 01
EZTC3: Fair Outlook Will Balance Slightly Firmer Margins And Softer Assumptions
Analysts kept their fair value estimate for EZTEC Empreendimentos e Participações steady at R$13.00. They pointed to slightly adjusted assumptions for the discount rate, revenue growth, profit margin and future P/E as the key drivers behind the unchanged price target.Narrative Update • May 05
EZTC3: Fair Outlook As Meeting Plans Offset Margin And Growth Shifts
Analysts are keeping their R$13.00 price target for EZTEC Empreendimentos e Participações unchanged, citing updated assumptions that combine slightly higher forecast revenue growth and a marginally lower profit margin with a similar future P/E outlook. What's in the News EZTEC Empreendimentos e Participações has scheduled a Special and Extraordinary Shareholders Meeting for February 27, 2026, in São Paulo, Brazil, at Avenida Alcides Sangirardi, s/n, 301, Usina SP, Espaço C.01.01, city and state of São Paulo/SP (Key Developments).Narrative Update • Apr 21
EZTC3: Extraordinary Meeting And Slower Revenue Outlook Will Pressure Future Upside
Analysts have kept the fair value estimate for EZTEC Empreendimentos e Participações steady at R$13.00, with updated assumptions reflecting a lower projected revenue growth rate, a higher profit margin, and a higher expected future P/E multiple. What's in the News Special and extraordinary shareholders meeting scheduled for February 27, 2026, for EZTEC Empreendimentos e Participações S.A. (Key Developments) Meeting to be held at avenida alcides sangirardi, s/n, 301, usina sp, espaco c.01.01, city and state of Sao Paulo/SP, Sao Paulo, Brazil (Key Developments) Valuation Changes Fair Value: The R$13.00 fair value estimate is unchanged, with updated assumptions supporting the same headline valuation.Recent updates
Narrative Update • Jun 15
EZTC3: Future Discount Rate Refinement Will Support Bullish Repricing Narrative
Analysts have kept their R$23.00 price target for EZTEC Empreendimentos e Participações unchanged, citing slightly adjusted assumptions on discount rate, revenue growth, profit margin and future P/E as the key drivers of their maintained view. What's in the News No recent company specific news items for EZTEC Empreendimentos e Participações were identified in the provided sources.Narrative Update • Jun 01
EZTC3: Fair Outlook Will Balance Slightly Firmer Margins And Softer Assumptions
Analysts kept their fair value estimate for EZTEC Empreendimentos e Participações steady at R$13.00. They pointed to slightly adjusted assumptions for the discount rate, revenue growth, profit margin and future P/E as the key drivers behind the unchanged price target.Narrative Update • May 05
EZTC3: Fair Outlook As Meeting Plans Offset Margin And Growth Shifts
Analysts are keeping their R$13.00 price target for EZTEC Empreendimentos e Participações unchanged, citing updated assumptions that combine slightly higher forecast revenue growth and a marginally lower profit margin with a similar future P/E outlook. What's in the News EZTEC Empreendimentos e Participações has scheduled a Special and Extraordinary Shareholders Meeting for February 27, 2026, in São Paulo, Brazil, at Avenida Alcides Sangirardi, s/n, 301, Usina SP, Espaço C.01.01, city and state of São Paulo/SP (Key Developments).Narrative Update • Apr 21
EZTC3: Extraordinary Meeting And Slower Revenue Outlook Will Pressure Future Upside
Analysts have kept the fair value estimate for EZTEC Empreendimentos e Participações steady at R$13.00, with updated assumptions reflecting a lower projected revenue growth rate, a higher profit margin, and a higher expected future P/E multiple. What's in the News Special and extraordinary shareholders meeting scheduled for February 27, 2026, for EZTEC Empreendimentos e Participações S.A. (Key Developments) Meeting to be held at avenida alcides sangirardi, s/n, 301, usina sp, espaco c.01.01, city and state of Sao Paulo/SP, Sao Paulo, Brazil (Key Developments) Valuation Changes Fair Value: The R$13.00 fair value estimate is unchanged, with updated assumptions supporting the same headline valuation.Narrative Update • Apr 07
EZTC3: Future Shareholder Meeting Will Support Bullish Repricing Narrative
Analysts have updated their view on EZTEC Empreendimentos e Participações, keeping the fair value estimate steady at R$23.00. They adjusted assumptions such as a slightly lower discount rate, a higher revenue growth outlook, a modestly softer profit margin, and a lower future P/E, which collectively frame the latest price target rationale.Narrative Update • Mar 23
EZTC3: Higher Margins And Extraordinary Meeting Will Shape Balanced Future Upside
Analysts have raised their price target for EZTEC Empreendimentos e Participações from R$11.01 to R$13.00, citing updated assumptions of higher revenue growth, stronger profit margins and a lower future P/E multiple. What's in the News Special/extraordinary shareholders meeting scheduled for February 27, 2026, for EZTEC Empreendimentos e Participações S.A. (Key Developments) Meeting to be held at Avenida Alcides Sangirardi, s/n, 301, Usina SP, Espaço C.01.01, city and state of São Paulo/SP, São Paulo, Brazil (Key Developments) Event classification as a special/extraordinary shareholders meeting signals that formal shareholder decisions are expected on that date, subject to the published agenda (Key Developments) Valuation Changes Fair Value: updated from R$11.01 to R$13.00, indicating a higher assessed value per share.
Narrative Update • Mar 09
EZTC3: Future Returns Will Reflect Lower Risk And Supportive Meeting Outlook
Analysts have moved their fair value estimate for EZTEC Empreendimentos e Participações from about R$18.46 to around R$18.88, citing updated assumptions on the discount rate, revenue growth, profit margins and future P/E levels. What's in the News EZTEC Empreendimentos e Participações has scheduled a Special and Extraordinary Shareholders Meeting for February 27, 2026, in São Paulo, Brazil, at Avenida Alcides Sangirardi, s/n, 301, Usina SP, Espaço C.01.01, city and state of São Paulo/SP (Key Developments).Narrative Update • Feb 23
EZTC3: Future Returns Will Reflect Stock Split And Stronger Margins
Analysts have lifted their price target for EZTEC Empreendimentos e Participações to R$18.46 from R$16.33, citing updated assumptions for higher revenue growth, stronger profit margins and a lower forward P/E multiple. What's in the News Special and Extraordinary Shareholders Meeting scheduled for February 27, 2026, at Avenida Alcides Sangirardi, s/n, 301, Usina SP, Espaço C.01.01, city and state of São Paulo, Brazil (Key Developments).Narrative Update • Feb 08
EZTC3: Future Shareholder Meeting Will Drive Bullish Repricing Potential
Analysts have trimmed their price target on EZTEC Empreendimentos e Participações from R$25.88 to R$23.00, citing updated assumptions around discount rates, revenue growth, profit margins and future P/E levels. What's in the News A special and extraordinary shareholders meeting is scheduled for February 27, 2026, at avenida Alcides Sangirardi, s/n, 301, Usina SP, Espaço C.01.01, city and state of São Paulo/SP, Brazil.Analysis Article • Jan 27
EZTEC Empreendimentos e Participações (BVMF:EZTC3) Has A Pretty Healthy Balance Sheet
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Narrative Update • Jan 25
EZTC3: Stock Split And Softer Margins Will Limit Future Upside
Analysts have revised their price target on EZTEC Empreendimentos e Participações to R$11.01. The change mainly reflects updated views on revenue growth, profit margins and the future P/E multiple rather than any shift in their fair value estimate.Narrative Update • Jan 11
EZTC3: Weaker Margins And Higher Discount Rate Will Restrain Future Upside
Analysts have trimmed their price target for EZTEC Empreendimentos e Participações from R$13.00 to about R$11.01, citing updated assumptions that include a slightly higher discount rate, a revenue decline of around 0.6% instead of 5.0%, a profit margin near 31.9% versus 35.3%, and a modestly higher future P/E estimate of roughly 10.8x versus 10.2x. What's in the News EZTEC Empreendimentos e Participações S.A. has scheduled a stock split or significant stock dividend with a 1.2715559 to 1 ratio, set for December 10, 2025 (Key Developments).Narrative Update • Dec 26
EZTC3: Future Outlook Will Reflect Stock Split And Modest Margin Pressure
Analysts have modestly raised their price target for EZTEC Empreendimentos e Participações to approximately R$16.33 from about R$15.79. This reflects expectations for slightly stronger revenue growth over the forecast period, which more than offset a marginally lower profit margin and a higher assumed future P/E multiple.Narrative Update • Dec 12
EZTC3: Future Outlook Will Balance Fair Value With Slight Margin Pressure
Analysts have trimmed their price target on EZTEC Empreendimentos e Participações to approximately R$15.80 from about R$19.55, reflecting slightly lower profit margin expectations that more than offset modestly stronger projected revenue growth and a marginally higher future P/E multiple. What's in the News Approved a 1.2715559-for-1 stock split or significant stock dividend effective December 10, 2025, which may increase share liquidity for investors (Key Developments) Valuation Changes The fair value estimate was reduced significantly from around R$19.55 to about R$15.79 per share, implying a lower intrinsic valuation.Analysis Article • Dec 03
Here's What To Make Of EZTEC Empreendimentos e Participações' (BVMF:EZTC3) Decelerating Rates Of Return
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Narrative Update • Nov 27
EZTC3: Improving Margins And Revenue Projections Expected To Support Steady Outlook
Analysts have raised their price target for EZTEC Empreendimentos e Participações from R$19.00 to R$19.55, reflecting improved expectations for revenue growth and profit margins. Valuation Changes Fair Value Estimate increased from R$19.00 to R$19.55, reflecting a modest upward revision.Analysis Article • Nov 14
What EZTEC Empreendimentos e Participações S.A.'s (BVMF:EZTC3) 29% Share Price Gain Is Not Telling You
EZTEC Empreendimentos e Participações S.A. ( BVMF:EZTC3 ) shares have continued their recent momentum with a 29% gain...Narrative Update • Nov 12
EZTC3: Revenue Outlook And Margins Expected To Support Steady Performance
Analysts have raised their price target for EZTEC Empreendimentos e Participações from R$18.35 to R$19.00, citing improved expectations for revenue growth and profit margins. Valuation Changes The Fair Value Estimate has increased slightly, rising from R$18.35 to R$19.00.Narrative Update • Oct 28
Brazil And São Paulo Demand Will Foster Robust Housing Prospects
Analysts have slightly raised their price target for EZTEC Empreendimentos e Participações from R$17.35 to R$18.35. They cite a marginally lower discount rate as justification for the revision.Analysis Article • Oct 22
These 4 Measures Indicate That EZTEC Empreendimentos e Participações (BVMF:EZTC3) Is Using Debt Reasonably Well
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Narrative Update • Sep 10
Brazil And São Paulo Demand Will Foster Robust Housing Prospects
The upward revision in fair value for EZTEC Empreendimentos e Participações reflects modest improvements in both revenue growth and net profit margin forecasts, raising the consensus price target from R$16.94 to R$17.35. Valuation Changes Summary of Valuation Changes for EZTEC Empreendimentos e Participações The Consensus Analyst Price Target has risen slightly from R$16.94 to R$17.35.Analysis Article • Aug 29
Investors Aren't Buying EZTEC Empreendimentos e Participações S.A.'s (BVMF:EZTC3) Earnings
When close to half the companies in Brazil have price-to-earnings ratios (or "P/E's") above 9x, you may consider EZTEC...Analysis Article • Mar 30
EZTEC Empreendimentos e Participações S.A.'s (BVMF:EZTC3) 26% Share Price Surge Not Quite Adding Up
Despite an already strong run, EZTEC Empreendimentos e Participações S.A. ( BVMF:EZTC3 ) shares have been powering on...Analysis Article • Mar 01
These 4 Measures Indicate That EZTEC Empreendimentos e Participações (BVMF:EZTC3) Is Using Debt Reasonably Well
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • Jan 31
EZTEC Empreendimentos e Participações (BVMF:EZTC3) Is Looking To Continue Growing Its Returns On Capital
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
New Narrative • Jan 17
Operational Changes And New Projects Will Secure Future Success
Strong initial sales in new projects and an extensive, diversified landbank support future revenue growth and stable project pipeline.Analysis Article • Nov 30
Is Now An Opportune Moment To Examine EZTEC Empreendimentos e Participações S.A. (BVMF:EZTC3)?
EZTEC Empreendimentos e Participações S.A. ( BVMF:EZTC3 ), is not the largest company out there, but it saw significant...Analysis Article • Sep 22
EZTEC Empreendimentos e Participações' (BVMF:EZTC3) Returns On Capital Are Heading Higher
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...Analysis Article • Aug 04
Results: EZTEC Empreendimentos e Participações S.A. Exceeded Expectations And The Consensus Has Updated Its Estimates
A week ago, EZTEC Empreendimentos e Participações S.A. ( BVMF:EZTC3 ) came out with a strong set of quarterly numbers...Analysis Article • Apr 16
When Should You Buy EZTEC Empreendimentos e Participações S.A. (BVMF:EZTC3)?
While EZTEC Empreendimentos e Participações S.A. ( BVMF:EZTC3 ) might not have the largest market cap around , it saw...Analysis Article • Mar 21
EZTEC Empreendimentos e Participações (BVMF:EZTC3) Has Announced That It Will Be Increasing Its Dividend To R$0.0902
The board of EZTEC Empreendimentos e Participações S.A. ( BVMF:EZTC3 ) has announced that it will be paying its...Analysis Article • Mar 16
EZTEC Empreendimentos e Participações S.A. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
As you might know, EZTEC Empreendimentos e Participações S.A. ( BVMF:EZTC3 ) last week released its latest annual, and...Analysis Article • Jan 03
EZTEC Empreendimentos e Participações' (BVMF:EZTC3) Returns On Capital Are Heading Higher
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Analysis Article • Oct 31
EZTEC Empreendimentos e Participações (BVMF:EZTC3) Has A Somewhat Strained Balance Sheet
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • Sep 14
EZTEC Empreendimentos e Participações (BVMF:EZTC3) Will Be Hoping To Turn Its Returns On Capital Around
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...Analysis Article • Jul 26
Is EZTEC Empreendimentos e Participações (BVMF:EZTC3) Using Too Much Debt?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Analysis Article • May 09
EZTEC Empreendimentos e Participações (BVMF:EZTC3) Will Want To Turn Around Its Return Trends
There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...Analysis Article • Apr 12
Is EZTEC Empreendimentos e Participações (BVMF:EZTC3) Using Too Much Debt?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Shareholder Returns
| EZTC3 | BR Consumer Durables | BR Market | |
|---|---|---|---|
| 7D | 1.8% | 3.8% | 1.1% |
| 1Y | 22.4% | -4.2% | 11.5% |
Return vs Industry: EZTC3 exceeded the BR Consumer Durables industry which returned -2.2% over the past year.
Return vs Market: EZTC3 exceeded the BR Market which returned 13.7% over the past year.
Price Volatility
| EZTC3 volatility | |
|---|---|
| EZTC3 Average Weekly Movement | 6.0% |
| Consumer Durables Industry Average Movement | 6.4% |
| Market Average Movement | 4.7% |
| 10% most volatile stocks in BR Market | 7.9% |
| 10% least volatile stocks in BR Market | 1.9% |
Stable Share Price: EZTC3 has not had significant price volatility in the past 3 months compared to the BR market.
Volatility Over Time: EZTC3's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1979 | 696 | Silvio Zarzur | www.eztec.com.br |
EZTEC Empreendimentos e Participações S.A. engages in engineering, construction, and real estate development activities in Brazil and internationally. The company develops and sells real estate properties; manages and leases properties; constructs condominiums; and subdivides land. It also engages in the provision of services related to construction, supervision, studies, and projects; and execution of civil engineering works and services.
EZTEC Empreendimentos e Participações S.A. Fundamentals Summary
| EZTC3 fundamental statistics | |
|---|---|
| Market cap | R$3.70b |
| Earnings (TTM) | R$560.61m |
| Revenue (TTM) | R$1.51b |
6.6x
P/E Ratio2.5x
P/S RatioIs EZTC3 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| EZTC3 income statement (TTM) | |
|---|---|
| Revenue | R$1.51b |
| Cost of Revenue | R$883.73m |
| Gross Profit | R$626.36m |
| Other Expenses | R$65.75m |
| Earnings | R$560.61m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Aug 06, 2026
| Earnings per share (EPS) | 2.02 |
| Gross Margin | 41.48% |
| Net Profit Margin | 37.12% |
| Debt/Equity Ratio | 32.7% |
How did EZTC3 perform over the long term?
See historical performance and comparisonDividends
6.4%
Current Dividend Yield61%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/30 06:24 |
| End of Day Share Price | 2026/06/29 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
EZTEC Empreendimentos e Participações S.A. is covered by 14 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Felipe Mesquita | BB Banco de Investimento S.A. |
| Victor Tapia Migliorin | BofA Global Research |
| Bruno Mendonca | Bradesco S.A. Corretora de Títulos e Valores Mobiliários |