When Should You Buy EZTEC Empreendimentos e Participações S.A. (BVMF:EZTC3)?
Apr 16
Brazilian (BOVESPA) Consumer Durables Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies17
- 7D-0.3%
- 3M-6.0%
- 1Y22.5%
- YTD-11.1%
Last week, the Consumer Durables industry hasn't moved much but Cyrela Brazil Realty Empreendimentos e Participações is up 3.4% in that time. The past year has been better, since the industry has gained 25% in that time. Earnings are forecast to grow by 29% annually.
Industry Valuation and Performance
Has the Brazilian Consumer Durables Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | R$38.1b | R$44.6b | R$1.4b | 10.3x | 26.6x | 0.9x |
| Sun, 24 Mar 2024 | R$42.0b | R$44.3b | R$2.6b | 11.8x | 16x | 0.9x |
| Tue, 20 Feb 2024 | R$38.5b | R$42.5b | R$2.0b | 12.2x | 19.5x | 0.9x |
| Thu, 18 Jan 2024 | R$39.9b | R$42.5b | R$2.0b | 12.1x | 20.2x | 0.9x |
| Sat, 16 Dec 2023 | R$43.0b | R$42.5b | R$2.0b | 11.2x | 21.5x | 1x |
| Mon, 13 Nov 2023 | R$38.6b | R$41.9b | R$2.3b | 10.5x | 17.1x | 0.9x |
| Wed, 11 Oct 2023 | R$36.2b | R$42.0b | R$2.5b | 9.7x | 14.6x | 0.9x |
| Fri, 08 Sep 2023 | R$41.4b | R$42.0b | R$2.5b | 10.4x | 16.7x | 1x |
| Sun, 06 Aug 2023 | R$44.9b | R$40.9b | R$2.2b | 13.6x | 20.8x | 1.1x |
| Tue, 04 Jul 2023 | R$38.2b | R$40.9b | R$2.1b | 11.9x | 18.5x | 0.9x |
| Thu, 01 Jun 2023 | R$34.3b | R$40.9b | R$2.1b | 10.5x | 16.6x | 0.8x |
| Sat, 29 Apr 2023 | R$29.6b | R$39.9b | R$2.0b | 9.8x | 14.4x | 0.7x |
| Mon, 27 Mar 2023 | R$27.7b | R$39.2b | R$1.4b | 8.4x | 20x | 0.7x |
| Wed, 22 Feb 2023 | R$28.5b | R$38.9b | R$1.8b | 8.4x | 15.7x | 0.7x |
| Fri, 20 Jan 2023 | R$28.7b | R$38.9b | R$1.8b | 8.4x | 15.8x | 0.7x |
| Sun, 18 Dec 2022 | R$26.7b | R$39.0b | R$2.0b | 8.4x | 13.6x | 0.7x |
| Tue, 15 Nov 2022 | R$31.2b | R$38.9b | R$2.2b | 9.9x | 13.9x | 0.8x |
| Thu, 13 Oct 2022 | R$36.2b | R$38.6b | R$2.6b | 10.7x | 13.8x | 0.9x |
| Sat, 10 Sep 2022 | R$34.7b | R$38.6b | R$2.6b | 10.2x | 13.2x | 0.9x |
| Mon, 08 Aug 2022 | R$31.4b | R$38.4b | R$3.1b | 7.8x | 10x | 0.8x |
| Wed, 06 Jul 2022 | R$26.0b | R$38.5b | R$3.3b | 5.7x | 7.9x | 0.7x |
| Fri, 03 Jun 2022 | R$28.5b | R$38.5b | R$3.3b | 6.8x | 8.7x | 0.7x |
| Sun, 01 May 2022 | R$30.7b | R$38.1b | R$3.7b | 6.8x | 8.4x | 0.8x |
| Tue, 29 Mar 2022 | R$37.0b | R$38.5b | R$3.4b | 7.8x | 11x | 1x |
| Thu, 24 Feb 2022 | R$36.3b | R$38.1b | R$3.9b | 8.5x | 9.3x | 1x |
| Sat, 22 Jan 2022 | R$37.3b | R$38.1b | R$3.9b | 9.3x | 9.5x | 1x |
| Mon, 20 Dec 2021 | R$38.4b | R$38.1b | R$3.9b | 9.5x | 9.8x | 1x |
| Wed, 17 Nov 2021 | R$39.2b | R$37.6b | R$3.7b | 9.2x | 10.6x | 1x |
| Fri, 15 Oct 2021 | R$42.0b | R$37.2b | R$4.9b | 9x | 8.6x | 1.1x |
| Sun, 12 Sep 2021 | R$43.8b | R$37.2b | R$4.9b | 9.2x | 9x | 1.2x |
| Tue, 10 Aug 2021 | R$46.4b | R$37.2b | R$4.9b | 9.9x | 9.5x | 1.2x |
| Mon, 03 May 2021 | R$52.5b | R$34.4b | R$4.3b | 14.1x | 12.3x | 1.5x |
Price to Earnings Ratio
12.3x
Current Industry PE
- Investors are optimistic on the Brazilian Consumer Durables industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 26.7x which is higher than its 3-year average PE of 14.0x.
- The industry is trading close to its 3-year average PS ratio of 0.95x.
Past Earnings Growth
- The earnings for companies in the Consumer Durables industry have declined 30% per year over the last three years.
- Meanwhile revenues for these companies have grown 9.0% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Brazilian Consumer Discretionary industry?
| BR Market | -0.20% | |
| Consumer Discretionary | -0.31% | |
| Consumer Durables | -0.27% | |
| Home Furnishings | 1.03% | |
| Consumer Electronics | 0% | |
| Household Appliances | 0% | |
| Housewares and Specialties | -0.30% | |
| Homebuilding | -0.34% | |
Industry PE
- Investors are most optimistic about the Household Appliances industry which is trading above its 3-year average PE ratio of 13.3x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Homebuilding industry, expecting annual earnings growth of 29% over the next 5 years.
- However this is lower than its past earnings growth rate of 74% per year.
- In contrast, the Homebuilding industry is expected to see its earnings grow by 29% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DIRR3 Direcional Engenharia | R$23.16 | 4.0% +R$153.7m | 47.5% | PE12.1x | |
| CURY3 Cury Construtora e Incorporadora | R$19.11 | 2.4% +R$127.5m | 54.4% | PE11.5x | |
| GFSA3 Gafisa | R$5.26 | -8.8% R$70.4m | -8.2% | PS0.4x | |
| CYRE3 Cyrela Brazil Realty Empreendimentos e Participações | R$20.98 | 0.4% +R$33.7m | 35.8% | PE8.3x | |
| SGPS3 Springs Global Participações | R$0.79 | 5.3% +R$2.0m | -38.8% | PS0.04x |
