Header cover image

Brazilian (BOVESPA) Homebuilding Industry Analysis

UpdatedNov 30, 2023
DataAggregated Company Financials
Companies13
  • 7D3.2%
  • 3M-5.5%
  • 1Y40.6%
  • YTD48.3%

Over the last 7 days, the Homebuilding industry has dropped 4.5%, driven by MRV Engenharia e ParticipaƧƵes declining 10%. In contrast, Gafisa has gained 9.0%. Over the past 12 months, the industry was up 39%. Looking forward, earnings are forecast to grow by 37% annually.

Industry Valuation and Performance

Has the Brazilian Homebuilding Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 30 Nov 2023R$33.4bR$29.0bR$1.5b9.4x22.2x1.1x
Sat, 28 Oct 2023R$29.1bR$28.7bR$1.6b9.3x18.3x1x
Mon, 25 Sep 2023R$32.3bR$28.7bR$1.6b9.8x20.4x1.1x
Wed, 23 Aug 2023R$37.3bR$28.7bR$1.6b11x23.5x1.3x
Fri, 21 Jul 2023R$33.7bR$27.6bR$1.2b12.5x28.8x1.2x
Sun, 18 Jun 2023R$30.0bR$27.6bR$1.2b12x25.6x1.1x
Tue, 16 May 2023R$24.8bR$27.2bR$1.1b10.5x21.7x0.9x
Thu, 13 Apr 2023R$23.1bR$26.6bR$1.2b9.9x19.7x0.9x
Sat, 11 Mar 2023R$22.2bR$26.1bR$1.2b9.9x18.8x0.8x
Mon, 06 Feb 2023R$21.6bR$26.2bR$1.7b8.6x12.8x0.8x
Wed, 04 Jan 2023R$20.4bR$26.2bR$1.7b8x12x0.8x
Fri, 02 Dec 2022R$21.5bR$26.2bR$1.7b9.3x12.7x0.8x
Sun, 30 Oct 2022R$26.4bR$25.4bR$2.1b10.7x12.7x1x
Tue, 27 Sep 2022R$26.4bR$25.4bR$2.1b10.5x12.7x1x
Thu, 25 Aug 2022R$23.5bR$25.4bR$2.0b9.2x11.5x0.9x
Sat, 23 Jul 2022R$20.0bR$25.1bR$2.5b6.5x7.9x0.8x
Mon, 20 Jun 2022R$18.7bR$25.1bR$2.5b6x7.4x0.7x
Wed, 18 May 2022R$21.9bR$25.1bR$2.7b6.5x8x0.9x
Fri, 15 Apr 2022R$23.3bR$24.8bR$2.8b7x8.3x0.9x
Sun, 13 Mar 2022R$22.8bR$24.7bR$2.6b7.2x8.9x0.9x
Tue, 08 Feb 2022R$27.2bR$24.8bR$2.9b8.5x9.3x1.1x
Thu, 06 Jan 2022R$24.9bR$24.8bR$2.9b7.2x8.6x1x
Sat, 04 Dec 2021R$26.1bR$24.7bR$2.9b8.2x9x1.1x
Mon, 01 Nov 2021R$24.6bR$24.3bR$4.0b7.5x6.1x1x
Wed, 29 Sep 2021R$31.7bR$24.3bR$4.0b8.4x7.9x1.3x
Fri, 27 Aug 2021R$34.2bR$24.3bR$4.0b9.6x8.6x1.4x
Sat, 03 Jul 2021R$39.6bR$24.3bR$4.0b11.5x9.9x1.6x
Tue, 06 Apr 2021R$40.8bR$22.7bR$3.6b12.8x11.4x1.8x
Fri, 08 Jan 2021R$47.5bR$21.3bR$3.2b15.7x15x2.2x
Price to Earnings Ratio

14.5x


Total Market Cap: R$45.7bTotal Earnings: R$3.2bTotal Revenue: R$20.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Homebuilding Industry Price to Earnings3Y Average 13.4x202120222023
Current Industry PE
  • Investors are optimistic on the Brazilian Homebuilding industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 21.2x which is higher than its 3-year average PE of 13.4x.
  • The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Homebuilding industry have declined 22% per year over the last three years.
  • Meanwhile revenues for these companies have grown 13% 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 Market0.37%
Consumer Discretionary1.44%
Consumer Durables2.64%
Homebuilding3.20%
Housewares and Specialties9.17%
Home Furnishings0.17%
Consumer Electronics0%
Household Appliances-0.24%
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?

CompanyLast Price7D1YValuation
CYRE3 Cyrela Brazil Realty Empreendimentos e ParticipaƧƵesR$20.873.5%
+R$262.4m
45.3%PE8.7x
CURY3 Cury Construtora e IncorporadoraR$16.804.9%
+R$226.1m
52.6%PE11.9x
EZTC3 EZTEC Empreendimentos e ParticipaƧƵesR$18.445.5%
+R$209.4m
22.5%PE21.4x
DIRR3 Direcional EngenhariaR$19.655.3%
+R$171.0m
32.8%PE10.3x
EVEN3 Even Construtora e IncorporadoraR$6.974.0%
+R$55.8m
31.5%PE9x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

CYRE3

R$20.87

Cyrela Brazil Realty Empreendimentos e ParticipaƧƵes

7D

3.5%

1Y

45.3%

AVLL3

R$4.90

Alphaville

7D

6.3%

1Y

-17.5%

TRIS3

R$5.54

Trisul

7D

-0.2%

1Y

51.0%

EVEN3

R$6.97

Even Construtora e Incorporadora

7D

4.0%

1Y

31.5%

MRVE3

R$9.66

MRV Engenharia e ParticipaƧƵes

7D

-0.1%

1Y

12.5%

GFSA3

R$6.32

Gafisa

7D

13.9%

1Y

2.3%

PLPL3

R$11.36

Plano & Plano Desenvolvimento ImobiliƔrio

7D

-0.4%

1Y

207.0%

CURY3

R$16.80

Cury Construtora e Incorporadora

7D

4.9%

1Y

52.6%

RSID3

R$4.08

Rossi Residencial

7D

-2.6%

1Y

73.6%