TOTVS 将来の成長
Future 基準チェック /56
TOTVS利益と収益がそれぞれ年間20.7%と16.8%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に21.4% 23.9%なると予測されています。
主要情報
20.7%
収益成長率
23.92%
EPS成長率
| Software 収益成長 | 20.6% |
| 収益成長率 | 16.8% |
| 将来の株主資本利益率 | 21.41% |
| アナリストカバレッジ | Good |
| 最終更新日 | 23 May 2026 |
今後の成長に関する最新情報
分析記事 • Nov 08
Analyst Estimates: Here's What Brokers Think Of TOTVS S.A. (BVMF:TOTS3) After Its Third-Quarter Report
The quarterly results for TOTVS S.A. ( BVMF:TOTS3 ) were released last week, making it a good time to revisit its...分析記事 • May 10
TOTVS S.A. (BVMF:TOTS3) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
It's been a good week for TOTVS S.A. ( BVMF:TOTS3 ) shareholders, because the company has just released its latest...分析記事 • Feb 15
Here's What Analysts Are Forecasting For TOTVS S.A. (BVMF:TOTS3) After Its Yearly Results
Investors in TOTVS S.A. ( BVMF:TOTS3 ) had a good week, as its shares rose 2.6% to close at R$34.40 following the...Recent updates
ナラティブの更新 • Apr 29
TOTS3: Rating Upgrade And Execution Progress Will Support Future Repricing Potential
Analysts have modestly reduced their price target on TOTVS to R$50.45 from R$51.75, pointing to slightly adjusted assumptions around fair value, discount rate, revenue growth, profit margin and future P/E forecasts after incorporating recent research updates, including a fresh R$47 target from Bradesco BBI alongside an upgraded rating. Analyst Commentary Recent research points to a cautiously constructive stance on TOTVS, with the move to a higher rating and a R$47 price target framed as a recalibration rather than a call for aggressive revaluation.ナラティブの更新 • Apr 15
TOTS3: Recent Rating Upgrade And Lower Discount Rate May Support Repricing
Analysts have nudged their fair value target for TOTVS to R$51.75, using a slightly lower discount rate and almost unchanged growth and margin assumptions, citing recent research that includes an upgrade to Outperform with a R$47 price target. Analyst Commentary Recent research has led bullish analysts to lift their fair value estimates for TOTVS and support an upgraded rating, with a published price target of R$47 used as a reference point for upside potential relative to the revised fair value of R$51.75.ナラティブの更新 • Apr 01
TOTS3: Recent Upgrade And Buyback Plans Will Support Bullish Repricing
Analysts have nudged their fair value estimate for TOTVS up from R$51.28 to R$51.75, citing updated assumptions around revenue growth, profitability, discount rate and future P/E, along with a recent upgrade to Outperform from Neutral with a R$47 price target. Analyst Commentary Bullish analysts see the updated fair value and the R$47 price target as consistent with a thesis that the company can support its current P/E assumptions through solid execution on revenue and profitability goals.
ナラティブの更新 • Mar 18
TOTS3: Upcoming Board Decisions And Upgrade Are Expected To Unlock Upside
Analysts have maintained their fair value estimate for TOTVS at R$61.00 and refined their assumptions on discount rate, growth, margins and future P/E, supported in part by recent Street research that includes an upgrade to Outperform with a R$47.00 price target. Analyst Commentary Bullish analysts are framing the reaffirmed fair value estimate of R$61.00 for TOTVS as consistent with the more constructive tone seen in recent external research, including the upgrade to an Outperform rating with a R$47.00 price target.ナラティブの更新 • Mar 03
TOTS3: Upcoming Board Decisions On Dimensa Stake Will Support Upside Potential
Analysts have nudged their fair value estimate for TOTVS slightly lower to R$61.0 from R$62.0, reflecting modest tweaks to forecasts for revenue growth, profit margins and future P/E assumptions. What's in the News Board meeting scheduled for Feb 10, 2026 to review and consider approval of TOTVS's individual and consolidated financial statements for the year ended Dec 31, 2025 (company filing).
ナラティブの更新 • Feb 17
TOTS3: Board Decisions And Revised Assumptions Will Shape Measured Future Outlook
Analysts have nudged their fair value estimate for TOTVS up from roughly R$33.00 to about R$35.02, citing updated assumptions around revenue growth, margins, and future P/E multiples in their price target work. What's in the News Board meeting scheduled for February 10, 2026, to review and consider approval of TOTVS S.A.'s individual and consolidated financial statements for the year ended December 31, 2025 (Key Developments).ナラティブの更新 • Feb 03
TOTS3: Board Oversight And Margin Outlook Will Support Upside Potential
Analysts have kept their fair value estimate for TOTVS steady at R$62.00, citing slightly lower discount rate assumptions and modest adjustments to revenue growth, profit margin and future P/E inputs as the key reasons for maintaining their view. What's in the News A board meeting is scheduled for Dec 16, 2025, to review committee reports, receive a CEO update, conduct Corporate Integrity training for the Board, and hold an executive session, signaling a broad governance and oversight agenda (company board materials).ナラティブの更新 • Jan 20
TOTS3: Higher Margins And Buyback Activity Will Support Bullish Repricing
Analysts have slightly increased their fair value estimate for TOTVS from R$50.57 to R$51.28, citing updated assumptions that reflect a modest change in the discount rate and future P/E, along with a shift toward lower revenue growth and higher profit margins. What's in the News Board meeting scheduled for December 16, 2025, to review committee reports, CEO update, Corporate Integrity training for the Board, and an executive session.分析記事 • Jan 11
TOTVS (BVMF:TOTS3) Could Easily Take On More Debt
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...ナラティブの更新 • Jan 06
TOTS3: Higher Fair Value Will Be Supported By Stronger Revenue Outlook
Analysts have raised their fair value estimate for TOTVS from R$55.00 to R$62.00, reflecting updated assumptions on revenue, profit margins and future P/E levels. What's in the News A board meeting is scheduled for December 2, 2025, to review the 2026 budgeting process for TOTVS S.A., TOTVS Techfin S.A., and Dimensa S.A., along with key company initiatives and committee reports, followed by an executive session (company filing).ナラティブの更新 • Dec 17
TOTS3: Linx Acquisition Vote Will Drive Bullish Repricing Ahead
Analysts have nudged their price target on TOTVS higher from R$47.85 to R$50.57. This reflects slightly stronger expected revenue growth and a modestly higher future earnings multiple, despite largely unchanged margin and discount rate assumptions.ナラティブの更新 • Dec 03
TOTS3: Share Buyback Completion And Linx Vote Will Shape Fair Outlook
Analysts have nudged their price target on TOTVS slightly higher from R$47.44 to R$47.85. This reflects modestly stronger expectations for revenue growth and valuation multiples that more than offset a small downward tweak to projected profit margins and a marginally higher discount rate.分析記事 • Nov 29
Earnings Tell The Story For TOTVS S.A. (BVMF:TOTS3)
TOTVS S.A.'s ( BVMF:TOTS3 ) price-to-earnings (or "P/E") ratio of 31x might make it look like a strong sell right now...ナラティブの更新 • Nov 19
TOTS3: Shareholder Meeting and Acquisition Decision Will Shape Near-Term Outlook
Analysts have raised their price target for TOTVS from R$46.44 to R$47.44. They cite increased revenue growth expectations, even though there is a slight decrease in projected profit margins.分析記事 • Nov 08
Analyst Estimates: Here's What Brokers Think Of TOTVS S.A. (BVMF:TOTS3) After Its Third-Quarter Report
The quarterly results for TOTVS S.A. ( BVMF:TOTS3 ) were released last week, making it a good time to revisit its...ナラティブの更新 • Nov 05
TOTS3: Upcoming Linx Acquisition And Techfin Developments Will Support Balanced Outlook
Analysts have raised their price target for TOTVS from R$44.85 to R$46.44, citing slight improvements in profit margin and a favorable adjustment to the discount rate, which supports their outlook. What's in the News A Special/Extraordinary Shareholders Meeting is scheduled for October 30, 2025, to decide on the acquisition of all shares of Linx Participações S.A. and address other business matters (Key Developments).ナラティブの更新 • Sep 27
Linx Integration And Techfin Launches Will Unlock Market Opportunities
The slight downward revision in TOTVS’s price target appears driven by a modest decrease in its forward P/E ratio, with fair value now at R$44.85. What's in the News Board discussions on Linx integration, RD Station business unit operations, regulatory compliance action plan, and 2026 budget guidelines.分析記事 • Sep 18
TOTVS (BVMF:TOTS3) Seems To Use Debt Rather Sparingly
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...ナラティブの更新 • Aug 30
Linx Integration And Techfin Launches Will Unlock Market Opportunities
Analysts have raised their price target for TOTVS to R$46.30, citing robust sector fundamentals, resilient long-term growth, and supportive valuations. Analyst Commentary Robust structural drivers in the Brazilian software sector.分析記事 • Aug 07
Pinning Down TOTVS S.A.'s (BVMF:TOTS3) P/E Is Difficult Right Now
BOVESPA:TOTS3 1 Year Share Price vs Fair Value Explore TOTVS's Fair Values from the Community and select yours TOTVS...分析記事 • Jun 02
TOTVS (BVMF:TOTS3) Seems To Use Debt Rather Sparingly
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • May 10
TOTVS S.A. (BVMF:TOTS3) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
It's been a good week for TOTVS S.A. ( BVMF:TOTS3 ) shareholders, because the company has just released its latest...分析記事 • May 01
At R$37.62, Is It Time To Put TOTVS S.A. (BVMF:TOTS3) On Your Watch List?
TOTVS S.A. ( BVMF:TOTS3 ), is not the largest company out there, but it saw a significant share price rise of 30% in...
新しいナラティブ • Mar 02
Expanding Cloud And AI Services Will Capture Brazil's Growing SMB Market
TOTVS is focusing on an immature market in Brazil to drive revenue through cloud and AI with potential for capturing significant market share.分析記事 • Feb 15
Here's What Analysts Are Forecasting For TOTVS S.A. (BVMF:TOTS3) After Its Yearly Results
Investors in TOTVS S.A. ( BVMF:TOTS3 ) had a good week, as its shares rose 2.6% to close at R$34.40 following the...分析記事 • Feb 01
After Leaping 27% TOTVS S.A. (BVMF:TOTS3) Shares Are Not Flying Under The Radar
TOTVS S.A. ( BVMF:TOTS3 ) shares have had a really impressive month, gaining 27% after a shaky period beforehand...分析記事 • Jan 20
Is Now The Time To Look At Buying TOTVS S.A. (BVMF:TOTS3)?
TOTVS S.A. ( BVMF:TOTS3 ), might not be a large cap stock, but it saw significant share price movement during recent...分析記事 • Jan 02
TOTVS (BVMF:TOTS3) Seems To Use Debt Rather Sparingly
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...分析記事 • Nov 04
Why We're Not Concerned About TOTVS S.A.'s (BVMF:TOTS3) Share Price
TOTVS S.A.'s ( BVMF:TOTS3 ) price-to-earnings (or "P/E") ratio of 33.7x might make it look like a strong sell right now...分析記事 • Oct 17
Should You Think About Buying TOTVS S.A. (BVMF:TOTS3) Now?
While TOTVS S.A. ( BVMF:TOTS3 ) might not have the largest market cap around , it saw significant share price movement...分析記事 • Sep 26
We Think TOTVS (BVMF:TOTS3) Can Manage Its Debt With Ease
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...分析記事 • Jul 30
TOTVS S.A.'s (BVMF:TOTS3) Earnings Haven't Escaped The Attention Of Investors
When close to half the companies in Brazil have price-to-earnings ratios (or "P/E's") below 9x, you may consider TOTVS...分析記事 • Jul 11
Is Now An Opportune Moment To Examine TOTVS S.A. (BVMF:TOTS3)?
TOTVS S.A. ( BVMF:TOTS3 ), is not the largest company out there, but it saw a decent share price growth of 14% on the...分析記事 • May 10
These 4 Measures Indicate That TOTVS (BVMF:TOTS3) Is Using Debt Safely
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Apr 03
Earnings Tell The Story For TOTVS S.A. (BVMF:TOTS3)
When close to half the companies in Brazil have price-to-earnings ratios (or "P/E's") below 10x, you may consider TOTVS...分析記事 • Feb 27
Is There Now An Opportunity In TOTVS S.A. (BVMF:TOTS3)?
While TOTVS S.A. ( BVMF:TOTS3 ) might not have the largest market cap around , it received a lot of attention from a...分析記事 • Jan 24
Does TOTVS (BVMF:TOTS3) Have A Healthy Balance Sheet?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...分析記事 • Dec 25
Investors Still Waiting For A Pull Back In TOTVS S.A. (BVMF:TOTS3)
When close to half the companies in Brazil have price-to-earnings ratios (or "P/E's") below 11x, you may consider TOTVS...分析記事 • Nov 24
Is It Too Late To Consider Buying TOTVS S.A. (BVMF:TOTS3)?
TOTVS S.A. ( BVMF:TOTS3 ), is not the largest company out there, but it led the BOVESPA gainers with a relatively large...分析記事 • Nov 09
If EPS Growth Is Important To You, TOTVS (BVMF:TOTS3) Presents An Opportunity
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...分析記事 • Aug 13
Is Now The Time To Look At Buying TOTVS S.A. (BVMF:TOTS3)?
While TOTVS S.A. ( BVMF:TOTS3 ) might not be the most widely known stock at the moment, it saw significant share price...分析記事 • Jul 26
We Think TOTVS (BVMF:TOTS3) Can Manage Its Debt With Ease
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...分析記事 • Jun 07
Does TOTVS (BVMF:TOTS3) Deserve A Spot On Your Watchlist?
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...分析記事 • May 06
At R$26.55, Is It Time To Put TOTVS S.A. (BVMF:TOTS3) On Your Watch List?
TOTVS S.A. ( BVMF:TOTS3 ), might not be a large cap stock, but it received a lot of attention from a substantial price...分析記事 • Apr 15
TOTVS (BVMF:TOTS3) Seems To Use Debt Rather Sparingly
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...分析記事 • Mar 01
With EPS Growth And More, TOTVS (BVMF:TOTS3) Makes An Interesting Case
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...分析記事 • Jan 27
Is Now The Time To Look At Buying TOTVS S.A. (BVMF:TOTS3)?
TOTVS S.A. ( BVMF:TOTS3 ), is not the largest company out there, but it saw a double-digit share price rise of over 10...分析記事 • Jan 12
Does TOTVS (BVMF:TOTS3) Have A Healthy Balance Sheet?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...分析記事 • Nov 28
Here's Why We Think TOTVS (BVMF:TOTS3) Is Well Worth Watching
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...分析記事 • Oct 14
What Is TOTVS S.A.'s (BVMF:TOTS3) Share Price Doing?
TOTVS S.A. ( BVMF:TOTS3 ), is not the largest company out there, but it saw a significant share price rise of over 20...分析記事 • Sep 14
TOTVS (BVMF:TOTS3) Has A Rock Solid Balance Sheet
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...分析記事 • Aug 29
Is Now The Time To Put TOTVS (BVMF:TOTS3) On Your Watchlist?
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...業績と収益の成長予測
| 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 |
|---|---|---|---|---|---|
| 12/31/2028 | 10,769 | 1,678 | 1,646 | 1,878 | 5 |
| 12/31/2027 | 8,877 | 1,317 | 1,443 | 1,599 | 9 |
| 12/31/2026 | 7,850 | 1,058 | 1,344 | 1,485 | 7 |
| 3/31/2026 | 6,083 | 855 | 1,024 | 1,346 | N/A |
| 12/31/2025 | 5,772 | 813 | 946 | 1,203 | N/A |
| 9/30/2025 | 5,531 | 746 | 898 | 1,153 | N/A |
| 6/30/2025 | 5,291 | 794 | 822 | 1,063 | N/A |
| 3/31/2025 | 5,076 | 719 | 769 | 1,017 | N/A |
| 12/31/2024 | 4,915 | 668 | 799 | 1,033 | N/A |
| 9/30/2024 | 4,997 | 649 | 781 | 1,006 | N/A |
| 6/30/2024 | 4,813 | 545 | 685 | 990 | N/A |
| 3/31/2024 | 4,602 | 535 | 737 | 1,007 | N/A |
| 12/31/2023 | 4,440 | 507 | 675 | 952 | N/A |
| 9/30/2023 | 4,269 | 533 | 672 | 961 | N/A |
| 6/30/2023 | 4,105 | 482 | 749 | 975 | N/A |
| 3/31/2023 | 3,959 | 505 | 616 | 840 | N/A |
| 12/31/2022 | 3,793 | 495 | 734 | 916 | N/A |
| 9/30/2022 | 3,617 | 476 | 626 | 803 | N/A |
| 6/30/2022 | 3,423 | 437 | 522 | 716 | N/A |
| 3/31/2022 | 3,211 | 396 | 669 | 847 | N/A |
| 12/31/2021 | 2,977 | 389 | 400 | 574 | N/A |
| 9/30/2021 | 2,838 | 362 | 282 | 438 | N/A |
| 6/30/2021 | 2,734 | 344 | 218 | 314 | N/A |
| 3/31/2021 | 2,659 | 317 | 120 | 212 | N/A |
| 12/31/2020 | 2,596 | 296 | 287 | 372 | N/A |
| 9/30/2020 | 2,486 | 265 | 361 | 433 | N/A |
| 6/30/2020 | 2,383 | 273 | 422 | 492 | N/A |
| 3/31/2020 | 2,320 | 272 | 333 | 394 | N/A |
| 12/31/2019 | 2,282 | 253 | N/A | 345 | N/A |
| 9/30/2019 | 2,242 | 222 | N/A | 342 | N/A |
| 6/30/2019 | 2,201 | 172 | N/A | 419 | N/A |
| 3/31/2019 | 2,156 | 145 | N/A | 397 | N/A |
| 12/31/2018 | 2,111 | 137 | N/A | 418 | N/A |
| 9/30/2018 | 2,127 | 112 | N/A | 394 | N/A |
| 6/30/2018 | 2,154 | 97 | N/A | 329 | N/A |
| 3/31/2018 | 2,186 | 98 | N/A | 318 | N/A |
| 12/31/2017 | 2,227 | 93 | N/A | 330 | N/A |
| 9/30/2017 | 2,223 | 110 | N/A | 307 | N/A |
| 6/30/2017 | 2,198 | 127 | N/A | 315 | N/A |
| 3/31/2017 | 2,192 | 133 | N/A | 307 | N/A |
| 12/31/2016 | 2,184 | 153 | N/A | 261 | N/A |
| 9/30/2016 | 2,168 | 118 | N/A | 236 | N/A |
| 6/30/2016 | 2,095 | 152 | N/A | 244 | N/A |
| 3/31/2016 | 2,001 | 174 | N/A | 256 | N/A |
| 12/31/2015 | 1,909 | 196 | N/A | 313 | N/A |
| 9/30/2015 | 1,831 | 273 | N/A | 361 | N/A |
| 6/30/2015 | 1,812 | 269 | N/A | 369 | N/A |
アナリストによる今後の成長予測
収入対貯蓄率: TOTS3の予測収益成長率 (年間20.7% ) は 貯蓄率 ( 12.4% ) を上回っています。
収益対市場: TOTS3の収益 ( 20.7% ) はBR市場 ( 12.6% ) よりも速いペースで成長すると予測されています。
高成長収益: TOTS3の収益は今後 3 年間で 大幅に 増加すると予想されています。
収益対市場: TOTS3の収益 ( 16.8% ) BR市場 ( 6.9% ) よりも速いペースで成長すると予測されています。
高い収益成長: TOTS3の収益 ( 16.8% ) 20%よりも低い成長が予測されています。
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: TOTS3の 自己資本利益率 は、3年後には高くなると予測されています ( 21.4 %)
成長企業の発掘
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 | 2026/05/28 18:55 |
| 終値 | 2026/05/27 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 |
| |
| アナリストのコンセンサス予想 | +プラス3年 |
|
|
| 市場価格 | 30年 |
| |
| 所有権 | 10年 |
| |
| マネジメント | 10年 |
| |
| 主な進展 | 10年 |
|
* 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
本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、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。
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
TOTVS S.A. 9 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。19
| アナリスト | 機関 |
|---|---|
| Lucca Brendim | BofA Global Research |
| Daniel Federle | Bradesco S.A. Corretora de Títulos e Valores Mobiliários |
| Frederico Mendes | Bradesco S.A. Corretora de Títulos e Valores Mobiliários |