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Brazilian (BOVESPA) Market Analysis & Valuation

UpdatedMay 23, 2022
DataAggregated Company Financials
Companies365
  • 7D0.9%
  • 3M-4.6%
  • 1Y-19.5%
  • YTD0.3%

The Information Technology sector gained 4.9% while the market remained flat over the last week. Unfortunately though, the market is down 19% over the past year. Looking forward, earnings are forecast to grow by 6.1% annually.

Trending IndustriesOil and GasRenewable Energy

Market Valuation and Performance

Has the Brazilian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Mon, 23 May 2022R$4.5tR$4.2tR$678.8b8.8x
Wed, 20 Apr 2022R$4.9tR$4.0tR$626.9b10.1x
Fri, 18 Mar 2022R$4.8tR$3.9tR$650.5b9.5x
Sun, 13 Feb 2022R$4.9tR$3.8tR$609.9b9.6x
Tue, 11 Jan 2022R$4.4tR$3.8tR$615.2b9.5x
Thu, 09 Dec 2021R$4.7tR$3.8tR$617.1b10.7x
Sat, 06 Nov 2021R$4.8tR$3.7tR$588.0b11.8x
Mon, 04 Oct 2021R$5.1tR$3.5tR$535.7b12.5x
Wed, 01 Sep 2021R$5.4tR$3.5tR$529.5b13.3x
Thu, 08 Jul 2021R$5.6tR$3.4tR$526.0b13.5x
Wed, 31 Mar 2021R$4.9tR$2.9tR$355.3b14.3x
Sat, 02 Jan 2021R$4.9tR$2.6tR$216.0b16.4x
Tue, 06 Oct 2020R$3.8tR$2.4tR$126.1b15.4x
Fri, 10 Jul 2020R$3.8tR$2.3tR$113.2b15.1x
Thu, 02 Apr 2020R$3.0tR$2.3tR$155.2b12x
Sun, 05 Jan 2020R$4.6tR$2.3tR$232.9b17.8x
Wed, 09 Oct 2019R$4.1tR$2.4tR$240.8b14.2x
Tue, 02 Jul 2019R$3.9tR$2.4tR$249.9b13.8x
Median PE Ratio

13.1x


Total Market Cap: R$3.8tTotal Earnings: R$222.1bTotal Revenue: R$2.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Market Median PE3Y Average 14x202020212022
Current Market PE
  • Investors are pessimistic on the market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 8.8x which is lower than its 3-year average PE of 14.0x.
  • This is at odds with analyst estimates, who expect earnings to grow in the future.
Past Earnings Growth
  • The earnings for Brazilian listed companies have grown 45% per year over the last three years.
  • Revenues for these companies have grown 21% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Brazilian Market?

BR Market0.93%
Tech4.92%
Materials3.64%
Utilities2.70%
Energy1.76%
Telecom1.65%
Financials1.36%
Real Estate0.011%
Industrials-0.095%
Consumer Discretionary-2.23%
Consumer Staples-2.90%
Healthcare-3.13%
Sector PE
  • Investors are most optimistic about the Telecom sector even though it's trading below its 3-year average PE ratio of 21.7x.
  • Analysts are expecting annual earnings growth of 11%, which is lower than the prior year's growth of 58% per year.
  • This could indicate that the market believes that analysts are underestimating future growth.
  • Investors are most pessimistic about the Materials sector, which is trading below its 3-year average of 9.5x.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Discretionary sector, expecting annual earnings growth of 32% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Materials sector is expected to see its earnings decline by 25% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
VALE3 ValeR$81.264.4%
+R$16.4b
-25.7%PS3.1xMaterials
BBAS3 Banco do BrasilR$37.005.4%
+R$5.4b
11.9%PB0.7xFinancials
B3SA3 B3 - Brasil Bolsa BalcãoR$12.045.0%
+R$3.4b
-30.6%PS15.9xFinancials
RDOR3 Rede D'Or São LuizR$34.044.1%
+R$2.6b
-54.2%PS42.6xHealthcare
CSNA3 Companhia Siderúrgica NacionalR$19.8410.7%
+R$2.6b
-56.6%PS3.4xMaterials
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Latest News

ENEV3

R$14.84

Eneva

7D

9.1%

1Y

-11.4%

JBSS3

R$34.56

JBS

7D

-6.5%

1Y

14.9%

WEGE3

R$25.99

WEG

7D

-1.9%

1Y

-18.0%

VALE3

R$81.26

Vale

7D

4.4%

1Y

-25.7%

EMBR3

R$12.68

Embraer

7D

-8.5%

1Y

-23.9%