Companies which are undervalued more than 20% based on the Discounted Cash Flow valuation.

Analysts Target

Company	Last Price	7D Return	1Y Return	Market Cap	Analysts Target	Valuation	Growth	Div Yield	Industry
AXIA3	R$54.03	0.1%	37.4%	R$152.7b	R$67.12	16.1	18.9%	3.3%	Utilities
VIVT3	R$35.75	2.9%	11.4%	R$114.2b	R$39.09	17.9	12.7%	2.5%	Telecom
BBSE3	R$40.35	4.4%	14.6%	R$78.3b	R$37.00	8.5	0.2%	11.2%	Insurance
ENEV3	R$27.55	3.5%	108.1%	R$52.8b	R$29.54	40.7	32.0%	n/a	Utilities
SUZB3 New	R$41.55	1.8%	-16.7%	R$51.4b	R$64.78	4.5	-13.9%	2.7%	Materials
EGIE3	R$33.58	4.5%	13.1%	R$38.4b	R$34.24	15.0	15.2%	3.6%	Utilities
RAIL3	R$14.36	5.4%	-16.1%	R$26.6b	R$18.78	25.6	29.5%	0.8%	Transportation
PASS3	R$25.50	2.9%	n/a	R$18.2b	R$36.08	14.7	14.1%	4.5%	Utilities
CSAN3	R$4.07	7.7%	-36.2%	R$16.0b	R$5.93	0.4	101.4%	11.1%	Retail
HYPE3	R$21.11	0.6%	-21.8%	R$14.9b	R$29.57	8.8	15.1%	5.5%	Pharmaceuticals & Biotech
LREN3 New	R$14.62	-1.2%	-21.8%	R$14.3b	R$19.01	9.6	10.4%	5.7%	Retail
SMFT3	R$21.17	5.1%	-6.4%	R$13.0b	R$31.12	18.9	23.1%	2.8%	Consumer Services
CURY3	R$34.21	-2.1%	15.0%	R$10.5b	R$45.29	9.9	16.3%	11.3%	Consumer Durables
CYRE3	R$23.06	-1.5%	-9.9%	R$9.9b	R$35.83	5.1	10.1%	4.6%	Consumer Durables
GGPS3	R$12.82	3.5%	-9.6%	R$9.6b	R$20.93	14.6	25.8%	2.5%	Commercial Services
BRAV3	R$18.94	5.8%	6.5%	R$8.8b	R$22.68	37.9	26.2%	0.7%	Energy
IGTI11	R$26.58	3.0%	20.6%	R$7.9b	R$33.31	11.0	3.4%	0.09%	Real Estate Management and Development
DIRR3	R$13.28	-7.0%	0.6%	R$6.9b	R$19.54	8.2	12.5%	10.2%	Consumer Durables
MDIA3	R$17.97	1.0%	-32.8%	R$6.0b	R$25.64	8.7	12.3%	2.0%	Food, Beverage & Tobacco
VIVA3	R$23.53	3.3%	-7.8%	R$5.5b	R$33.14	9.5	13.2%	3.0%	Consumer Durables
BTLG11	R$102.48	-0.1%	2.3%	R$5.5b	n/a	1.2	n/a	9.3%	Real Estate
SMTO3	R$16.37	5.5%	-4.4%	R$5.3b	R$19.98	6.3	-6.0%	4.1%	Food, Beverage & Tobacco
HBSA3	R$3.45	2.1%	-0.6%	R$4.7b	R$4.40	332.6	47.8%	n/a	Transportation
DXCO3	R$4.99	0.6%	4.5%	R$4.5b	R$7.66	527.5	60.7%	0%	Materials

Undervalued over 20% based on DCF