When Should You Buy EZTEC Empreendimentos e Participações S.A. (BVMF:EZTC3)?
Apr 16
Brazilian (BOVESPA) Homebuilding Industry Analysis
UpdatedApr 25, 2024
DataAggregated Company Financials
Companies13
- 7D1.0%
- 3M-7.6%
- 1Y31.7%
- YTDn/a
Over the last 7 days, the Homebuilding industry has dropped 5.5%, driven by EZTEC Empreendimentos e Participações declining 4.6%. Over the past 12 months, the industry was up 34%. As for the next few years, earnings are expected to grow by 29% per annum.
Industry Valuation and Performance
Has the Brazilian Homebuilding Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 25 Apr 2024 | R$30.8b | R$31.0b | R$2.0b | 8.5x | 15.7x | 1x |
| Sat, 23 Mar 2024 | R$34.9b | R$31.3b | R$2.1b | 10.9x | 16.4x | 1.1x |
| Mon, 19 Feb 2024 | R$31.7b | R$29.4b | R$1.5b | 11.1x | 21.5x | 1.1x |
| Wed, 17 Jan 2024 | R$33.1b | R$29.4b | R$1.5b | 11x | 22.5x | 1.1x |
| Fri, 15 Dec 2023 | R$35.3b | R$29.4b | R$1.5b | 10.7x | 23.7x | 1.2x |
| Sun, 12 Nov 2023 | R$31.5b | R$28.8b | R$1.6b | 10.5x | 19.6x | 1.1x |
| Tue, 10 Oct 2023 | R$29.3b | R$28.7b | R$1.6b | 9x | 18.5x | 1x |
| Thu, 07 Sep 2023 | R$34.0b | R$28.7b | R$1.6b | 10.4x | 21.4x | 1.2x |
| Sat, 05 Aug 2023 | R$36.9b | R$27.7b | R$1.3b | 13.7x | 29x | 1.3x |
| Mon, 03 Jul 2023 | R$31.2b | R$27.6b | R$1.2b | 12.4x | 26.6x | 1.1x |
| Wed, 31 May 2023 | R$27.2b | R$27.6b | R$1.2b | 10.7x | 23.2x | 1x |
| Fri, 28 Apr 2023 | R$22.1b | R$26.6b | R$1.2b | 9.6x | 18.9x | 0.8x |
| Sun, 26 Mar 2023 | R$20.9b | R$26.6b | R$1.3b | 8.4x | 16.6x | 0.8x |
| Tue, 21 Feb 2023 | R$21.4b | R$26.2b | R$1.7b | 8.4x | 12.6x | 0.8x |
| Thu, 19 Jan 2023 | R$21.7b | R$26.2b | R$1.7b | 8.7x | 12.8x | 0.8x |
| Sat, 17 Dec 2022 | R$19.5b | R$26.2b | R$1.7b | 8.4x | 11.5x | 0.7x |
| Mon, 14 Nov 2022 | R$22.9b | R$25.8b | R$1.7b | 9.9x | 13.5x | 0.9x |
| Wed, 12 Oct 2022 | R$28.0b | R$25.4b | R$2.1b | 11.3x | 13.5x | 1.1x |
| Fri, 09 Sep 2022 | R$25.3b | R$25.4b | R$2.1b | 9.9x | 12.2x | 1x |
| Sun, 07 Aug 2022 | R$23.8b | R$25.1b | R$2.5b | 7.8x | 9.4x | 0.9x |
| Tue, 05 Jul 2022 | R$18.4b | R$25.1b | R$2.5b | 5.6x | 7.2x | 0.7x |
| Thu, 02 Jun 2022 | R$20.7b | R$25.1b | R$2.5b | 6.8x | 8.2x | 0.8x |
| Sat, 30 Apr 2022 | R$22.0b | R$24.8b | R$2.8b | 6.4x | 7.8x | 0.9x |
| Mon, 28 Mar 2022 | R$27.8b | R$25.1b | R$2.5b | 7.7x | 11.2x | 1.1x |
| Wed, 23 Feb 2022 | R$26.5b | R$24.8b | R$2.9b | 8.3x | 9.1x | 1.1x |
| Fri, 21 Jan 2022 | R$26.3b | R$24.8b | R$2.9b | 8.1x | 9.1x | 1.1x |
| Sun, 19 Dec 2021 | R$27.0b | R$24.8b | R$2.9b | 8.1x | 9.3x | 1.1x |
| Tue, 16 Nov 2021 | R$27.6b | R$24.6b | R$2.8b | 8.7x | 9.8x | 1.1x |
| Thu, 14 Oct 2021 | R$30.7b | R$24.3b | R$4.0b | 8.5x | 7.7x | 1.3x |
| Sat, 11 Sep 2021 | R$31.4b | R$24.3b | R$4.0b | 8.6x | 7.8x | 1.3x |
| Mon, 09 Aug 2021 | R$34.5b | R$24.3b | R$4.0b | 9.8x | 8.6x | 1.4x |
| Sun, 02 May 2021 | R$40.3b | R$22.7b | R$3.6b | 12.8x | 11.3x | 1.8x |
Price to Earnings Ratio
11.3x
Current Industry PE
- Investors are relatively neutral on the Brazilian Homebuilding industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 14.4x.
- The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Homebuilding industry have declined 18% per year over the last three years.
- Meanwhile revenues for these companies have grown 11% 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 Comparison
How does Brazilian Homebuilding compare with similar industries?
| BR Market | 0.37% | |
| Consumer Discretionary | 0.97% | |
| Consumer Durables | 0.83% | |
| Homebuilding | 1.00% | |
| Housewares and Specialties | 6.11% | |
| Home Furnishings | 0.60% | |
| Consumer Electronics | 0% | |
| Household Appliances | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CYRE3 Cyrela Brazil Realty Empreendimentos e Participações | R$21.25 | 3.4% +R$258.7m | 39.7% | PE8.5x | |
| GFSA3 Gafisa | R$5.30 | -8.9% R$70.6m | -4.5% | PS0.4x | |
| DIRR3 Direcional Engenharia | R$22.78 | 1.2% +R$44.9m | 47.0% | PE11.9x | |
| EZTC3 EZTEC Empreendimentos e Participações | R$13.57 | 1.3% +R$39.3m | -4.1% | PE12.4x | |
| CURY3 Cury Construtora e Incorporadora | R$18.92 | 0.6% +R$34.8m | 56.5% | PE11.4x |
