View ValuationGafisa 将来の成長Future 基準チェック /06現在、 Gafisaの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Consumer Durables 収益成長17.3%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報Price Target Changed • Aug 02Price target decreased to R$3.00Down from R$5.50, the current price target is provided by 1 analyst. New target price is 148% above last closing price of R$1.21. Stock is down 68% over the past year. The company posted earnings per share of R$0.27 last year.Price Target Changed • Apr 26Price target decreased to R$5.50Down from R$10.75, the current price target is provided by 1 analyst. New target price is 231% above last closing price of R$1.66. Stock is down 64% over the past year. The company posted earnings per share of R$0.27 last year.Price Target Changed • Jul 30Price target decreased to R$5.50Down from R$10.75, the current price target is provided by 1 analyst. New target price is 40% above last closing price of R$3.92. Stock is down 36% over the past year.すべての更新を表示Recent updatesReported Earnings • May 20First quarter 2026 earnings released: R$2.05 loss per share (vs R$4.53 profit in 1Q 2025)First quarter 2026 results: R$2.05 loss per share (down from R$4.53 profit in 1Q 2025). Revenue: R$99.9m (down 56% from 1Q 2025). Net loss: R$45.6m (down 316% from profit in 1Q 2025).お知らせ • May 02+ 1 more updateGafisa S.A.(BOVESPA:GFSA3) dropped from Brazil Industrial Sector IndexGafisa S.A. removed from Brazil Industrial Sector Index.お知らせ • Mar 31Gafisa S.A., Annual General Meeting, Apr 29, 2026Gafisa S.A., Annual General Meeting, Apr 29, 2026.Reported Earnings • Mar 31Full year 2025 earnings releasedFull year 2025 results: Revenue: R$619.7m (down 39% from FY 2024). Net loss: R$544.5m (loss widened R$504.0m from FY 2024).New Risk • Mar 04New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: R$47.8m (US$9.17m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-R$119m free cash flow). Share price has been highly volatile over the past 3 months (10.0% average weekly change). Earnings have declined by 24% per year over the past 5 years. Shareholders have been substantially diluted in the past year (323% increase in shares outstanding). Market cap is less than US$10m (R$47.8m market cap, or US$9.17m).分析記事 • Jan 21Little Excitement Around Gafisa S.A.'s (BVMF:GFSA3) RevenuesWhen close to half the companies operating in the Consumer Durables industry in Brazil have price-to-sales ratios (or...New Risk • Dec 02New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -R$119m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-R$119m free cash flow). Share price has been highly volatile over the past 3 months (10.0% average weekly change). Earnings have declined by 24% per year over the past 5 years. Shareholders have been substantially diluted in the past year (93% increase in shares outstanding). Minor Risk Market cap is less than US$100m (R$55.1m market cap, or US$10.3m).New Risk • Nov 21New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: R$52.6m (US$9.86m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.1% average weekly change). Earnings have declined by 22% per year over the past 5 years. Shareholders have been substantially diluted in the past year (93% increase in shares outstanding). Market cap is less than US$10m (R$52.6m market cap, or US$9.86m).Reported Earnings • Nov 17Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: R$120.8m (down 45% from 3Q 2024). Net loss: R$92.1m (down 237% from profit in 3Q 2024).お知らせ • Oct 24Gafisa S.A. to Report Q3, 2025 Results on Nov 13, 2025Gafisa S.A. announced that they will report Q3, 2025 results on Nov 13, 2025New Risk • Sep 06New major risk - Revenue and earnings growthEarnings have declined by 17% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-R$13m free cash flow). Share price has been highly volatile over the past 3 months (8.9% average weekly change). Earnings have declined by 17% per year over the past 5 years. Shareholders have been substantially diluted in the past year (93% increase in shares outstanding). Minor Risk Market cap is less than US$100m (R$136.7m market cap, or US$25.3m).分析記事 • Aug 22Shareholders In Gafisa (BVMF:GFSA3) Should Look Beyond Earnings For The Full StoryInvestors were disappointed with Gafisa S.A.'s ( BVMF:GFSA3 ) recent earnings release. Our analysis found several...New Risk • Aug 17New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 0.5% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.5% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.4% average weekly change). Shareholders have been substantially diluted in the past year (93% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (R$154.0m market cap, or US$28.5m).Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: R$1.06 (vs R$29.11 loss in 2Q 2024)Second quarter 2025 results: EPS: R$1.06 (up from R$29.11 loss in 2Q 2024). Revenue: R$162.3m (down 9.0% from 2Q 2024). Net income: R$6.83m (up R$136.6m from 2Q 2024). Profit margin: 4.2% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 60% per year, which means it is significantly lagging earnings.分析記事 • Jul 15Gafisa S.A. (BVMF:GFSA3) Shares May Have Slumped 25% But Getting In Cheap Is Still UnlikelyTo the annoyance of some shareholders, Gafisa S.A. ( BVMF:GFSA3 ) shares are down a considerable 25% in the last month...分析記事 • May 24More Unpleasant Surprises Could Be In Store For Gafisa S.A.'s (BVMF:GFSA3) Shares After Tumbling 26%Gafisa S.A. ( BVMF:GFSA3 ) shares have retraced a considerable 26% in the last month, reversing a fair amount of their...Reported Earnings • May 19First quarter 2025 earnings released: EPS: R$0.18 (vs R$0.30 in 1Q 2024)First quarter 2025 results: EPS: R$0.18. Revenue: R$226.8m (down 11% from 1Q 2024). Net income: R$21.1m (up 3.3% from 1Q 2024). Profit margin: 9.3% (up from 8.1% in 1Q 2024).お知らせ • Apr 01Gafisa S.A., Annual General Meeting, Apr 29, 2025Gafisa S.A., Annual General Meeting, Apr 29, 2025.Reported Earnings • Mar 31Full year 2024 earnings released: R$0.44 loss per share (vs R$3.25 loss in FY 2023)Full year 2024 results: R$0.44 loss per share (improved from R$3.25 loss in FY 2023). Revenue: R$1.01b (down 8.3% from FY 2023). Net loss: R$40.6m (loss narrowed 79% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 51% per year and the company’s share price has also fallen by 51% per year.分析記事 • Mar 27Subdued Growth No Barrier To Gafisa S.A. (BVMF:GFSA3) With Shares Advancing 58%Gafisa S.A. ( BVMF:GFSA3 ) shareholders have had their patience rewarded with a 58% share price jump in the last month...分析記事 • Mar 12Gafisa (BVMF:GFSA3) Takes On Some Risk With Its Use Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Jan 16Gafisa S.A.'s (BVMF:GFSA3) Shares Climb 27% But Its Business Is Yet to Catch UpGafisa S.A. ( BVMF:GFSA3 ) shareholders are no doubt pleased to see that the share price has bounced 27% in the last...分析記事 • Jan 16What Gafisa S.A.'s (BVMF:GFSA3) 27% Share Price Gain Is Not Telling YouThose holding Gafisa S.A. ( BVMF:GFSA3 ) shares would be relieved that the share price has rebounded 27% in the last...New Risk • Nov 26New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 83% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 15% per year over the past 5 years. Shareholders have been substantially diluted in the past year (83% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (R$182.0m market cap, or US$31.3m).New Risk • Nov 17New major risk - Revenue and earnings growthEarnings have declined by 9.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Shareholders have been diluted in the past year (41% increase in shares outstanding). Market cap is less than US$100m (R$125.2m market cap, or US$21.6m).分析記事 • Oct 13Some Gafisa S.A. (BVMF:GFSA3) Shareholders Look For Exit As Shares Take 26% PoundingTo the annoyance of some shareholders, Gafisa S.A. ( BVMF:GFSA3 ) shares are down a considerable 26% in the last month...分析記事 • Oct 08Health Check: How Prudently Does Gafisa (BVMF:GFSA3) Use Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...分析記事 • Aug 15Some Confidence Is Lacking In Gafisa S.A. (BVMF:GFSA3) As Shares Slide 25%Unfortunately for some shareholders, the Gafisa S.A. ( BVMF:GFSA3 ) share price has dived 25% in the last thirty days...Reported Earnings • Aug 11Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: R$178.3m (down 37% from 2Q 2023). Net income: R$4.09m (up R$95.1m from 2Q 2023). Profit margin: 2.3% (up from net loss in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance.分析記事 • Jun 05Some Gafisa S.A. (BVMF:GFSA3) Shareholders Look For Exit As Shares Take 25% PoundingTo the annoyance of some shareholders, Gafisa S.A. ( BVMF:GFSA3 ) shares are down a considerable 25% in the last month...分析記事 • May 23Is Gafisa (BVMF:GFSA3) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Reported Earnings • May 18First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: R$253.7m (down 13% from 1Q 2023). Net income: R$20.5m (up R$54.5m from 1Q 2023). Profit margin: 8.1% (up from net loss in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance.Board Change • May 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Fiscal Council Member Elias de Brito was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.分析記事 • Apr 10Gafisa S.A. (BVMF:GFSA3) Shares May Have Slumped 42% But Getting In Cheap Is Still UnlikelyUnfortunately for some shareholders, the Gafisa S.A. ( BVMF:GFSA3 ) share price has dived 42% in the last thirty days...Reported Earnings • Mar 28Full year 2023 earnings released: R$3.09 loss per share (vs R$2.22 loss in FY 2022)Full year 2023 results: R$3.09 loss per share (further deteriorated from R$2.22 loss in FY 2022). Revenue: R$1.10b (down 2.9% from FY 2022). Net loss: R$195.3m (loss widened 135% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 42% per year whereas the company’s share price has fallen by 46% per year.New Risk • Feb 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: R$496.3m (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-R$42m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Minor Risks Shareholders have been diluted in the past year (24% increase in shares outstanding). Market cap is less than US$100m (R$496.3m market cap, or US$99.4m).分析記事 • Feb 08Gafisa S.A. (BVMF:GFSA3) Stock's 26% Dive Might Signal An Opportunity But It Requires Some ScrutinyGafisa S.A. ( BVMF:GFSA3 ) shares have retraced a considerable 26% in the last month, reversing a fair amount of their...分析記事 • Dec 22Gafisa S.A. (BVMF:GFSA3) Soars 27% But It's A Story Of Risk Vs RewardGafisa S.A. ( BVMF:GFSA3 ) shares have continued their recent momentum with a 27% gain in the last month alone. Looking...お知らせ • Dec 16+ 3 more updatesGafisa S.A. to Report Q4, 2023 Results on Mar 21, 2024Gafisa S.A. announced that they will report Q4, 2023 results on Mar 21, 2024New Risk • Nov 16New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -R$42m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-R$42m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Shareholders have been substantially diluted in the past year (67% increase in shares outstanding). Minor Risk Market cap is less than US$100m (R$342.7m market cap, or US$70.5m).Reported Earnings • Nov 13Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: R$286.4m (down 19% from 3Q 2022). Net loss: R$88.7m (loss widened 80% from 3Q 2022).New Risk • Oct 20New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Brazilian stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Shareholders have been substantially diluted in the past year (69% increase in shares outstanding). Minor Risk Market cap is less than US$100m (R$224.4m market cap, or US$44.4m).Reported Earnings • Aug 18Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: R$284.2m (up 8.0% from 2Q 2022). Net loss: R$91.0m (loss widened 201% from 2Q 2022).分析記事 • Jul 19Investors Don't See Light At End Of Gafisa S.A.'s (BVMF:GFSA3) Tunnel And Push Stock Down 27%Gafisa S.A. ( BVMF:GFSA3 ) shareholders won't be pleased to see that the share price has had a very rough month...New Risk • Jun 23New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 61% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Shareholders have been substantially diluted in the past year (61% increase in shares outstanding).分析記事 • Jun 21Does Gafisa (BVMF:GFSA3) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Reported Earnings • May 17First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: R$292.5m (up 50% from 1Q 2022). Net loss: R$34.0m (down R$34.1m from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 31Full year 2022 earnings released: R$2.22 loss per share (vs R$2.47 profit in FY 2021)Full year 2022 results: R$2.22 loss per share (down from R$2.47 profit in FY 2021). Revenue: R$1.14b (up 39% from FY 2021). Net loss: R$83.2m (down 202% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings.お知らせ • Jan 19+ 3 more updatesGafisa S.A. to Report Q4, 2022 Results on Mar 28, 2023Gafisa S.A. announced that they will report Q4, 2022 results on Mar 28, 2023お知らせ • Jan 12Albali Fundo de Investimento acquired 80.37% in Hotel Fasano Itaim from Gafisa S.A. (BOVESPA:GFSA3) for BRL 330 million.Albali Fundo de Investimento acquired 80.37% in Hotel Fasano Itaim from Gafisa S.A. (BOVESPA:GFSA3) for BRL 330 million on January 10, 2023. In the transaction Cescon Barrieu acted as legal advisor to Gafisa S.A. in the transaction.Albali Fundo de Investimento completed the acquisition on 80.37% in Hotel Fasano Itaim from Gafisa S.A. (BOVESPA:GFSA3) for BRL 330 million on January 10, 2023.Board Change • Nov 16High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Fiscal Council Member Elias de Brito was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improved over the past weekAfter last week's 16% share price gain to R$8.36, the stock trades at a trailing P/E ratio of 12.5x. Average forward P/E is 9x in the Consumer Durables industry in Brazil. Total loss to shareholders of 82% over the past three years.Valuation Update With 7 Day Price Move • Sep 26Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to R$9.21, the stock trades at a trailing P/E ratio of 13.8x. Average forward P/E is 8x in the Consumer Durables industry in Brazil. Total loss to shareholders of 81% over the past three years.Reported Earnings • Aug 18Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: R$263.3m (up 1.6% from 2Q 2021). Net loss: R$30.2m (down 331% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 42%, compared to a 18% growth forecast for the Consumer Durables industry in Brazil. Over the last 3 years on average, earnings per share has increased by 158% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improved over the past weekAfter last week's 16% share price gain to R$1.49, the stock trades at a trailing P/E ratio of 7.3x. Average forward P/E is 7x in the Consumer Durables industry in Brazil. Total loss to shareholders of 71% over the past three years.分析記事 • Aug 11What Does Gafisa S.A.'s (BVMF:GFSA3) Share Price Indicate?Gafisa S.A. ( BVMF:GFSA3 ), might not be a large cap stock, but it saw a significant share price rise of over 20% in...Price Target Changed • Aug 02Price target decreased to R$3.00Down from R$5.50, the current price target is provided by 1 analyst. New target price is 148% above last closing price of R$1.21. Stock is down 68% over the past year. The company posted earnings per share of R$0.27 last year.Board Change • Aug 02High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Fiscal Council Member Elias de Brito was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Price Target Changed • Apr 26Price target decreased to R$5.50Down from R$10.75, the current price target is provided by 1 analyst. New target price is 231% above last closing price of R$1.66. Stock is down 64% over the past year. The company posted earnings per share of R$0.27 last year.Board Change • Apr 26High number of new directorsDirector Nelson de Queiroz Tanure was the last director to join the board, commencing their role in 2020.Valuation Update With 7 Day Price Move • Mar 30Investor sentiment improved over the past weekAfter last week's 15% share price gain to R$1.99, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 8x in the Consumer Durables industry in Brazil. Total loss to shareholders of 70% over the past three years.分析記事 • Mar 22What Does Gafisa S.A.'s (BVMF:GFSA3) Share Price Indicate?Gafisa S.A. ( BVMF:GFSA3 ), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in...Buying Opportunity • Feb 22Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 9.2%. The fair value is estimated to be R$2.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% per annum over the last 3 years. The company has become profitable over the last year.Buying Opportunity • Feb 04Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.2%. The fair value is estimated to be R$2.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% per annum over the last 3 years. The company has become profitable over the last year.Valuation Update With 7 Day Price Move • Jan 26Investor sentiment improved over the past weekAfter last week's 15% share price gain to R$1.96, the stock trades at a trailing P/E ratio of 10.8x. Average forward P/E is 6x in the Consumer Durables industry in Brazil. Total loss to shareholders of 82% over the past three years.Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improved over the past weekAfter last week's 18% share price gain to R$2.29, the stock trades at a trailing P/E ratio of 12.6x. Average forward P/E is 6x in the Consumer Durables industry in Brazil. Total loss to shareholders of 83% over the past three years.分析記事 • Nov 24Gafisa's (BVMF:GFSA3) Earnings Aren't As Good As They AppearWe didn't see Gafisa S.A.'s ( BVMF:GFSA3 ) stock surge when it reported robust earnings recently. We decided to have a...Reported Earnings • Nov 23Third quarter 2021 earnings: EPS in line with expectations, revenues disappointThird quarter 2021 results: EPS: R$0.02 (up from R$0.39 loss in 3Q 2020). Revenue: R$166.8m (up 12% from 3Q 2020). Net income: R$6.19m (up R$62.7m from 3Q 2020). Profit margin: 3.7% (up from net loss in 3Q 2020). Revenue missed analyst estimates by 44%. Over the next year, revenue is expected to shrink by 13% compared to a 26% growth forecast for the industry in Brazil. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings.Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS R$0.044 (vs R$0.20 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: R$259.2m (up 209% from 2Q 2020). Net income: R$13.1m (up R$36.7m from 2Q 2020). Profit margin: 5.1% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings.分析記事 • Aug 13At R$3.23, Is Gafisa S.A. (BVMF:GFSA3) Worth Looking At Closely?While Gafisa S.A. ( BVMF:GFSA3 ) might not be the most widely known stock at the moment, it saw significant share price...Price Target Changed • Jul 30Price target decreased to R$5.50Down from R$10.75, the current price target is provided by 1 analyst. New target price is 40% above last closing price of R$3.92. Stock is down 36% over the past year.Reported Earnings • Mar 19Full year 2020 earnings released: R$0.26 loss per share (vs R$0.38 loss in FY 2019)The company reported a decent full year result with improved revenues, although losses increased and control over costs was weaker. Full year 2020 results: Revenue: R$884.0m (up 121% from FY 2019). Net loss: R$76.5m (loss widened 194% from FY 2019). Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.分析記事 • Mar 18Reflecting on Gafisa's(BVMF:GFSA3) Total Shareholder Returns Over The Last Five YearsThis week we saw the Gafisa S.A. ( BVMF:GFSA3 ) share price climb by 10%. But that is little comfort to those holding...Is New 90 Day High Low • Feb 02New 90-day high: R$4.94The company is up 30% from its price of R$3.81 on 03 November 2020. The Brazilian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 12% over the same period.分析記事 • Jan 24Gafisa (BVMF:GFSA3) Is Making Moderate Use Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...Is New 90 Day High Low • Dec 10New 90-day high: R$4.80The company is up 2.0% from its price of R$4.70 on 10 September 2020. The Brazilian market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 9.0% over the same period.分析記事 • Dec 01Gafisa's (BVMF:GFSA3) Shareholders Are Down 59% On Their Investment Over The Past Five Years.Gafisa S.A. (BVMF:GFSA3) shareholders should be happy to see the share price up 12% in the last month. But that is...Reported Earnings • Nov 20Third quarter 2020 earnings released: R$0.39 loss per shareThe company reported a mediocre third quarter result with increased losses and weaker control over expenses, although revenues were improved. Third quarter 2020 results: Revenue: R$148.6m (up 67% from 3Q 2019). Net loss: R$56.5m (loss widened R$54.8m from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings.Is New 90 Day High Low • Oct 31New 90-day low: R$3.81The company is down 34% from its price of R$5.80 on 31 July 2020. The Brazilian market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is down 13% over the same period.Is New 90 Day High Low • Sep 29New 90-day low: R$4.19The company is down 38% from its price of R$6.71 on 01 July 2020. The Brazilian market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is down 3.0% over the same period.お知らせ • Sep 10Gafisa S.A. (BOVESPA:GFSA3) announced an agreement to acquire certain real estate assets of Calçada SA.Gafisa S.A. (BOVESPA:GFSA3) announced an agreement to acquire certain real estate assets of Calçada SA on September 3, 2020.お知らせ • Aug 20Gafisa S.A. (BOVESPA:GFSA3) made a proposal to acquire Tecnisa S.A. (BOVESPA:TCSA3).Gafisa S.A. (BOVESPA:GFSA3) made a proposal to acquire Tecnisa S.A. (BOVESPA:TCSA3) on August 19, 2020. Post completion, Tecnisa and Gafisa will be merged together. Part of the transaction includes Gafisa’s request to alter Tecnisa’s Bylaws and management. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Gafisa は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測BOVESPA:GFSA3 - アナリストの将来予測と過去の財務データ ( )BRL Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数3/31/2026493-611-330-318N/A12/31/2025620-545-199-185N/A9/30/2025870-62-119-98N/A6/30/2025969-37-137N/A3/31/2025985-403250N/A12/31/20241,012-41149161N/A9/30/2024893-22566566N/A6/30/2024959-44650651N/A3/31/20241,065-139280293N/A12/31/20231,104-193118133N/A9/30/20231,189-217-42-18N/A6/30/20231,254-178-347-210N/A3/31/20231,233-117-213-81N/A12/31/20221,136-83-220-91N/A9/30/20221,032-30-721-424N/A6/30/202284825-326-134N/A3/31/202284368-380-181N/A12/31/202181881-317-114N/A9/30/20211,17664-356-316N/A6/30/20211,1581-648-615N/A3/31/2021982-36-425-405N/A12/31/2020884-74-470-453N/A9/30/2020420-58-246-243N/A6/30/2020361-463N/A3/31/202037773538N/A12/31/2019400-9N/A44N/A9/30/2019492-376N/A126N/A6/30/2019640-400N/A47N/A3/31/2019822-412N/A62N/A12/31/2018961-420N/A31N/A9/30/20181,095-478N/A-146N/A6/30/20181,018-609N/A-84N/A3/31/2018884-755N/A-51N/A12/31/2017786-858N/A82N/A9/30/2017708-892N/A377N/A6/30/2017816-823N/A383N/A3/31/2017881-702N/A298N/A1/1/2017923-581N/A270N/A9/30/2016360-233N/A211N/A6/30/2016716-130N/A177N/A3/31/20161,095-53N/A198N/A12/31/20151,44338N/A105N/A9/30/20152,38482N/A30N/A6/30/20152,25458N/A36N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: GFSA3の予測収益成長が 貯蓄率 ( 12.4% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: GFSA3の収益がBR市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: GFSA3の収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: GFSA3の収益がBR市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: GFSA3の収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: GFSA3の 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YConsumer-durables 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/26 01:28終値2026/06/25 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Gafisa S.A. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。11 アナリスト機関Guilherme CastroBarclaysDaniel GaspareteBofA Global ResearchBruno MendoncaBradesco S.A. Corretora de Títulos e Valores Mobiliários8 その他のアナリストを表示
Price Target Changed • Aug 02Price target decreased to R$3.00Down from R$5.50, the current price target is provided by 1 analyst. New target price is 148% above last closing price of R$1.21. Stock is down 68% over the past year. The company posted earnings per share of R$0.27 last year.
Price Target Changed • Apr 26Price target decreased to R$5.50Down from R$10.75, the current price target is provided by 1 analyst. New target price is 231% above last closing price of R$1.66. Stock is down 64% over the past year. The company posted earnings per share of R$0.27 last year.
Price Target Changed • Jul 30Price target decreased to R$5.50Down from R$10.75, the current price target is provided by 1 analyst. New target price is 40% above last closing price of R$3.92. Stock is down 36% over the past year.
Reported Earnings • May 20First quarter 2026 earnings released: R$2.05 loss per share (vs R$4.53 profit in 1Q 2025)First quarter 2026 results: R$2.05 loss per share (down from R$4.53 profit in 1Q 2025). Revenue: R$99.9m (down 56% from 1Q 2025). Net loss: R$45.6m (down 316% from profit in 1Q 2025).
お知らせ • May 02+ 1 more updateGafisa S.A.(BOVESPA:GFSA3) dropped from Brazil Industrial Sector IndexGafisa S.A. removed from Brazil Industrial Sector Index.
お知らせ • Mar 31Gafisa S.A., Annual General Meeting, Apr 29, 2026Gafisa S.A., Annual General Meeting, Apr 29, 2026.
Reported Earnings • Mar 31Full year 2025 earnings releasedFull year 2025 results: Revenue: R$619.7m (down 39% from FY 2024). Net loss: R$544.5m (loss widened R$504.0m from FY 2024).
New Risk • Mar 04New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: R$47.8m (US$9.17m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-R$119m free cash flow). Share price has been highly volatile over the past 3 months (10.0% average weekly change). Earnings have declined by 24% per year over the past 5 years. Shareholders have been substantially diluted in the past year (323% increase in shares outstanding). Market cap is less than US$10m (R$47.8m market cap, or US$9.17m).
分析記事 • Jan 21Little Excitement Around Gafisa S.A.'s (BVMF:GFSA3) RevenuesWhen close to half the companies operating in the Consumer Durables industry in Brazil have price-to-sales ratios (or...
New Risk • Dec 02New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -R$119m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-R$119m free cash flow). Share price has been highly volatile over the past 3 months (10.0% average weekly change). Earnings have declined by 24% per year over the past 5 years. Shareholders have been substantially diluted in the past year (93% increase in shares outstanding). Minor Risk Market cap is less than US$100m (R$55.1m market cap, or US$10.3m).
New Risk • Nov 21New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: R$52.6m (US$9.86m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.1% average weekly change). Earnings have declined by 22% per year over the past 5 years. Shareholders have been substantially diluted in the past year (93% increase in shares outstanding). Market cap is less than US$10m (R$52.6m market cap, or US$9.86m).
Reported Earnings • Nov 17Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: R$120.8m (down 45% from 3Q 2024). Net loss: R$92.1m (down 237% from profit in 3Q 2024).
お知らせ • Oct 24Gafisa S.A. to Report Q3, 2025 Results on Nov 13, 2025Gafisa S.A. announced that they will report Q3, 2025 results on Nov 13, 2025
New Risk • Sep 06New major risk - Revenue and earnings growthEarnings have declined by 17% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-R$13m free cash flow). Share price has been highly volatile over the past 3 months (8.9% average weekly change). Earnings have declined by 17% per year over the past 5 years. Shareholders have been substantially diluted in the past year (93% increase in shares outstanding). Minor Risk Market cap is less than US$100m (R$136.7m market cap, or US$25.3m).
分析記事 • Aug 22Shareholders In Gafisa (BVMF:GFSA3) Should Look Beyond Earnings For The Full StoryInvestors were disappointed with Gafisa S.A.'s ( BVMF:GFSA3 ) recent earnings release. Our analysis found several...
New Risk • Aug 17New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 0.5% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.5% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (9.4% average weekly change). Shareholders have been substantially diluted in the past year (93% increase in shares outstanding). Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (R$154.0m market cap, or US$28.5m).
Reported Earnings • Aug 17Second quarter 2025 earnings released: EPS: R$1.06 (vs R$29.11 loss in 2Q 2024)Second quarter 2025 results: EPS: R$1.06 (up from R$29.11 loss in 2Q 2024). Revenue: R$162.3m (down 9.0% from 2Q 2024). Net income: R$6.83m (up R$136.6m from 2Q 2024). Profit margin: 4.2% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 60% per year, which means it is significantly lagging earnings.
分析記事 • Jul 15Gafisa S.A. (BVMF:GFSA3) Shares May Have Slumped 25% But Getting In Cheap Is Still UnlikelyTo the annoyance of some shareholders, Gafisa S.A. ( BVMF:GFSA3 ) shares are down a considerable 25% in the last month...
分析記事 • May 24More Unpleasant Surprises Could Be In Store For Gafisa S.A.'s (BVMF:GFSA3) Shares After Tumbling 26%Gafisa S.A. ( BVMF:GFSA3 ) shares have retraced a considerable 26% in the last month, reversing a fair amount of their...
Reported Earnings • May 19First quarter 2025 earnings released: EPS: R$0.18 (vs R$0.30 in 1Q 2024)First quarter 2025 results: EPS: R$0.18. Revenue: R$226.8m (down 11% from 1Q 2024). Net income: R$21.1m (up 3.3% from 1Q 2024). Profit margin: 9.3% (up from 8.1% in 1Q 2024).
お知らせ • Apr 01Gafisa S.A., Annual General Meeting, Apr 29, 2025Gafisa S.A., Annual General Meeting, Apr 29, 2025.
Reported Earnings • Mar 31Full year 2024 earnings released: R$0.44 loss per share (vs R$3.25 loss in FY 2023)Full year 2024 results: R$0.44 loss per share (improved from R$3.25 loss in FY 2023). Revenue: R$1.01b (down 8.3% from FY 2023). Net loss: R$40.6m (loss narrowed 79% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 51% per year and the company’s share price has also fallen by 51% per year.
分析記事 • Mar 27Subdued Growth No Barrier To Gafisa S.A. (BVMF:GFSA3) With Shares Advancing 58%Gafisa S.A. ( BVMF:GFSA3 ) shareholders have had their patience rewarded with a 58% share price jump in the last month...
分析記事 • Mar 12Gafisa (BVMF:GFSA3) Takes On Some Risk With Its Use Of DebtDavid Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Jan 16Gafisa S.A.'s (BVMF:GFSA3) Shares Climb 27% But Its Business Is Yet to Catch UpGafisa S.A. ( BVMF:GFSA3 ) shareholders are no doubt pleased to see that the share price has bounced 27% in the last...
分析記事 • Jan 16What Gafisa S.A.'s (BVMF:GFSA3) 27% Share Price Gain Is Not Telling YouThose holding Gafisa S.A. ( BVMF:GFSA3 ) shares would be relieved that the share price has rebounded 27% in the last...
New Risk • Nov 26New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 83% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 15% per year over the past 5 years. Shareholders have been substantially diluted in the past year (83% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (8.1% average weekly change). Market cap is less than US$100m (R$182.0m market cap, or US$31.3m).
New Risk • Nov 17New major risk - Revenue and earnings growthEarnings have declined by 9.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 9.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Shareholders have been diluted in the past year (41% increase in shares outstanding). Market cap is less than US$100m (R$125.2m market cap, or US$21.6m).
分析記事 • Oct 13Some Gafisa S.A. (BVMF:GFSA3) Shareholders Look For Exit As Shares Take 26% PoundingTo the annoyance of some shareholders, Gafisa S.A. ( BVMF:GFSA3 ) shares are down a considerable 26% in the last month...
分析記事 • Oct 08Health Check: How Prudently Does Gafisa (BVMF:GFSA3) Use Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
分析記事 • Aug 15Some Confidence Is Lacking In Gafisa S.A. (BVMF:GFSA3) As Shares Slide 25%Unfortunately for some shareholders, the Gafisa S.A. ( BVMF:GFSA3 ) share price has dived 25% in the last thirty days...
Reported Earnings • Aug 11Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: R$178.3m (down 37% from 2Q 2023). Net income: R$4.09m (up R$95.1m from 2Q 2023). Profit margin: 2.3% (up from net loss in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance.
分析記事 • Jun 05Some Gafisa S.A. (BVMF:GFSA3) Shareholders Look For Exit As Shares Take 25% PoundingTo the annoyance of some shareholders, Gafisa S.A. ( BVMF:GFSA3 ) shares are down a considerable 25% in the last month...
分析記事 • May 23Is Gafisa (BVMF:GFSA3) A Risky Investment?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Reported Earnings • May 18First quarter 2024 earnings releasedFirst quarter 2024 results: Revenue: R$253.7m (down 13% from 1Q 2023). Net income: R$20.5m (up R$54.5m from 1Q 2023). Profit margin: 8.1% (up from net loss in 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance.
Board Change • May 01Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Fiscal Council Member Elias de Brito was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment.
分析記事 • Apr 10Gafisa S.A. (BVMF:GFSA3) Shares May Have Slumped 42% But Getting In Cheap Is Still UnlikelyUnfortunately for some shareholders, the Gafisa S.A. ( BVMF:GFSA3 ) share price has dived 42% in the last thirty days...
Reported Earnings • Mar 28Full year 2023 earnings released: R$3.09 loss per share (vs R$2.22 loss in FY 2022)Full year 2023 results: R$3.09 loss per share (further deteriorated from R$2.22 loss in FY 2022). Revenue: R$1.10b (down 2.9% from FY 2022). Net loss: R$195.3m (loss widened 135% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 42% per year whereas the company’s share price has fallen by 46% per year.
New Risk • Feb 08New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: R$496.3m (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-R$42m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Minor Risks Shareholders have been diluted in the past year (24% increase in shares outstanding). Market cap is less than US$100m (R$496.3m market cap, or US$99.4m).
分析記事 • Feb 08Gafisa S.A. (BVMF:GFSA3) Stock's 26% Dive Might Signal An Opportunity But It Requires Some ScrutinyGafisa S.A. ( BVMF:GFSA3 ) shares have retraced a considerable 26% in the last month, reversing a fair amount of their...
分析記事 • Dec 22Gafisa S.A. (BVMF:GFSA3) Soars 27% But It's A Story Of Risk Vs RewardGafisa S.A. ( BVMF:GFSA3 ) shares have continued their recent momentum with a 27% gain in the last month alone. Looking...
お知らせ • Dec 16+ 3 more updatesGafisa S.A. to Report Q4, 2023 Results on Mar 21, 2024Gafisa S.A. announced that they will report Q4, 2023 results on Mar 21, 2024
New Risk • Nov 16New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -R$42m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-R$42m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Shareholders have been substantially diluted in the past year (67% increase in shares outstanding). Minor Risk Market cap is less than US$100m (R$342.7m market cap, or US$70.5m).
Reported Earnings • Nov 13Third quarter 2023 earnings releasedThird quarter 2023 results: Revenue: R$286.4m (down 19% from 3Q 2022). Net loss: R$88.7m (loss widened 80% from 3Q 2022).
New Risk • Oct 20New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Brazilian stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Shareholders have been substantially diluted in the past year (69% increase in shares outstanding). Minor Risk Market cap is less than US$100m (R$224.4m market cap, or US$44.4m).
Reported Earnings • Aug 18Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: R$284.2m (up 8.0% from 2Q 2022). Net loss: R$91.0m (loss widened 201% from 2Q 2022).
分析記事 • Jul 19Investors Don't See Light At End Of Gafisa S.A.'s (BVMF:GFSA3) Tunnel And Push Stock Down 27%Gafisa S.A. ( BVMF:GFSA3 ) shareholders won't be pleased to see that the share price has had a very rough month...
New Risk • Jun 23New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 61% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Shareholders have been substantially diluted in the past year (61% increase in shares outstanding).
分析記事 • Jun 21Does Gafisa (BVMF:GFSA3) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Reported Earnings • May 17First quarter 2023 earnings releasedFirst quarter 2023 results: Revenue: R$292.5m (up 50% from 1Q 2022). Net loss: R$34.0m (down R$34.1m from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 31Full year 2022 earnings released: R$2.22 loss per share (vs R$2.47 profit in FY 2021)Full year 2022 results: R$2.22 loss per share (down from R$2.47 profit in FY 2021). Revenue: R$1.14b (up 39% from FY 2021). Net loss: R$83.2m (down 202% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 41% per year, which means it is significantly lagging earnings.
お知らせ • Jan 19+ 3 more updatesGafisa S.A. to Report Q4, 2022 Results on Mar 28, 2023Gafisa S.A. announced that they will report Q4, 2022 results on Mar 28, 2023
お知らせ • Jan 12Albali Fundo de Investimento acquired 80.37% in Hotel Fasano Itaim from Gafisa S.A. (BOVESPA:GFSA3) for BRL 330 million.Albali Fundo de Investimento acquired 80.37% in Hotel Fasano Itaim from Gafisa S.A. (BOVESPA:GFSA3) for BRL 330 million on January 10, 2023. In the transaction Cescon Barrieu acted as legal advisor to Gafisa S.A. in the transaction.Albali Fundo de Investimento completed the acquisition on 80.37% in Hotel Fasano Itaim from Gafisa S.A. (BOVESPA:GFSA3) for BRL 330 million on January 10, 2023.
Board Change • Nov 16High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Fiscal Council Member Elias de Brito was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Nov 03Investor sentiment improved over the past weekAfter last week's 16% share price gain to R$8.36, the stock trades at a trailing P/E ratio of 12.5x. Average forward P/E is 9x in the Consumer Durables industry in Brazil. Total loss to shareholders of 82% over the past three years.
Valuation Update With 7 Day Price Move • Sep 26Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to R$9.21, the stock trades at a trailing P/E ratio of 13.8x. Average forward P/E is 8x in the Consumer Durables industry in Brazil. Total loss to shareholders of 81% over the past three years.
Reported Earnings • Aug 18Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: R$263.3m (up 1.6% from 2Q 2021). Net loss: R$30.2m (down 331% from profit in 2Q 2021). Over the next year, revenue is forecast to grow 42%, compared to a 18% growth forecast for the Consumer Durables industry in Brazil. Over the last 3 years on average, earnings per share has increased by 158% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improved over the past weekAfter last week's 16% share price gain to R$1.49, the stock trades at a trailing P/E ratio of 7.3x. Average forward P/E is 7x in the Consumer Durables industry in Brazil. Total loss to shareholders of 71% over the past three years.
分析記事 • Aug 11What Does Gafisa S.A.'s (BVMF:GFSA3) Share Price Indicate?Gafisa S.A. ( BVMF:GFSA3 ), might not be a large cap stock, but it saw a significant share price rise of over 20% in...
Price Target Changed • Aug 02Price target decreased to R$3.00Down from R$5.50, the current price target is provided by 1 analyst. New target price is 148% above last closing price of R$1.21. Stock is down 68% over the past year. The company posted earnings per share of R$0.27 last year.
Board Change • Aug 02High number of new directorsThere are 6 new directors who have joined the board in the last 3 years. Fiscal Council Member Elias de Brito was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Price Target Changed • Apr 26Price target decreased to R$5.50Down from R$10.75, the current price target is provided by 1 analyst. New target price is 231% above last closing price of R$1.66. Stock is down 64% over the past year. The company posted earnings per share of R$0.27 last year.
Board Change • Apr 26High number of new directorsDirector Nelson de Queiroz Tanure was the last director to join the board, commencing their role in 2020.
Valuation Update With 7 Day Price Move • Mar 30Investor sentiment improved over the past weekAfter last week's 15% share price gain to R$1.99, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 8x in the Consumer Durables industry in Brazil. Total loss to shareholders of 70% over the past three years.
分析記事 • Mar 22What Does Gafisa S.A.'s (BVMF:GFSA3) Share Price Indicate?Gafisa S.A. ( BVMF:GFSA3 ), might not be a large cap stock, but it saw a double-digit share price rise of over 10% in...
Buying Opportunity • Feb 22Now 23% undervalued after recent price dropOver the last 90 days, the stock is down 9.2%. The fair value is estimated to be R$2.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% per annum over the last 3 years. The company has become profitable over the last year.
Buying Opportunity • Feb 04Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 4.2%. The fair value is estimated to be R$2.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.8% per annum over the last 3 years. The company has become profitable over the last year.
Valuation Update With 7 Day Price Move • Jan 26Investor sentiment improved over the past weekAfter last week's 15% share price gain to R$1.96, the stock trades at a trailing P/E ratio of 10.8x. Average forward P/E is 6x in the Consumer Durables industry in Brazil. Total loss to shareholders of 82% over the past three years.
Valuation Update With 7 Day Price Move • Dec 09Investor sentiment improved over the past weekAfter last week's 18% share price gain to R$2.29, the stock trades at a trailing P/E ratio of 12.6x. Average forward P/E is 6x in the Consumer Durables industry in Brazil. Total loss to shareholders of 83% over the past three years.
分析記事 • Nov 24Gafisa's (BVMF:GFSA3) Earnings Aren't As Good As They AppearWe didn't see Gafisa S.A.'s ( BVMF:GFSA3 ) stock surge when it reported robust earnings recently. We decided to have a...
Reported Earnings • Nov 23Third quarter 2021 earnings: EPS in line with expectations, revenues disappointThird quarter 2021 results: EPS: R$0.02 (up from R$0.39 loss in 3Q 2020). Revenue: R$166.8m (up 12% from 3Q 2020). Net income: R$6.19m (up R$62.7m from 3Q 2020). Profit margin: 3.7% (up from net loss in 3Q 2020). Revenue missed analyst estimates by 44%. Over the next year, revenue is expected to shrink by 13% compared to a 26% growth forecast for the industry in Brazil. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings.
Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS R$0.044 (vs R$0.20 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: R$259.2m (up 209% from 2Q 2020). Net income: R$13.1m (up R$36.7m from 2Q 2020). Profit margin: 5.1% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has fallen by 36% per year, which means it is significantly lagging earnings.
分析記事 • Aug 13At R$3.23, Is Gafisa S.A. (BVMF:GFSA3) Worth Looking At Closely?While Gafisa S.A. ( BVMF:GFSA3 ) might not be the most widely known stock at the moment, it saw significant share price...
Price Target Changed • Jul 30Price target decreased to R$5.50Down from R$10.75, the current price target is provided by 1 analyst. New target price is 40% above last closing price of R$3.92. Stock is down 36% over the past year.
Reported Earnings • Mar 19Full year 2020 earnings released: R$0.26 loss per share (vs R$0.38 loss in FY 2019)The company reported a decent full year result with improved revenues, although losses increased and control over costs was weaker. Full year 2020 results: Revenue: R$884.0m (up 121% from FY 2019). Net loss: R$76.5m (loss widened 194% from FY 2019). Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings.
分析記事 • Mar 18Reflecting on Gafisa's(BVMF:GFSA3) Total Shareholder Returns Over The Last Five YearsThis week we saw the Gafisa S.A. ( BVMF:GFSA3 ) share price climb by 10%. But that is little comfort to those holding...
Is New 90 Day High Low • Feb 02New 90-day high: R$4.94The company is up 30% from its price of R$3.81 on 03 November 2020. The Brazilian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 12% over the same period.
分析記事 • Jan 24Gafisa (BVMF:GFSA3) Is Making Moderate Use Of DebtWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Is New 90 Day High Low • Dec 10New 90-day high: R$4.80The company is up 2.0% from its price of R$4.70 on 10 September 2020. The Brazilian market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is up 9.0% over the same period.
分析記事 • Dec 01Gafisa's (BVMF:GFSA3) Shareholders Are Down 59% On Their Investment Over The Past Five Years.Gafisa S.A. (BVMF:GFSA3) shareholders should be happy to see the share price up 12% in the last month. But that is...
Reported Earnings • Nov 20Third quarter 2020 earnings released: R$0.39 loss per shareThe company reported a mediocre third quarter result with increased losses and weaker control over expenses, although revenues were improved. Third quarter 2020 results: Revenue: R$148.6m (up 67% from 3Q 2019). Net loss: R$56.5m (loss widened R$54.8m from 3Q 2019). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings.
Is New 90 Day High Low • Oct 31New 90-day low: R$3.81The company is down 34% from its price of R$5.80 on 31 July 2020. The Brazilian market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is down 13% over the same period.
Is New 90 Day High Low • Sep 29New 90-day low: R$4.19The company is down 38% from its price of R$6.71 on 01 July 2020. The Brazilian market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Durables industry, which is down 3.0% over the same period.
お知らせ • Sep 10Gafisa S.A. (BOVESPA:GFSA3) announced an agreement to acquire certain real estate assets of Calçada SA.Gafisa S.A. (BOVESPA:GFSA3) announced an agreement to acquire certain real estate assets of Calçada SA on September 3, 2020.
お知らせ • Aug 20Gafisa S.A. (BOVESPA:GFSA3) made a proposal to acquire Tecnisa S.A. (BOVESPA:TCSA3).Gafisa S.A. (BOVESPA:GFSA3) made a proposal to acquire Tecnisa S.A. (BOVESPA:TCSA3) on August 19, 2020. Post completion, Tecnisa and Gafisa will be merged together. Part of the transaction includes Gafisa’s request to alter Tecnisa’s Bylaws and management.