Header cover image

Brazilian (BOVESPA) Capital Markets Industry Analysis

UpdatedDec 01, 2022
DataAggregated Company Financials
Companies12
  • 7D4.2%
  • 3M0.4%
  • 1Y2.8%
  • YTD9.0%

The Capital Markets industry is up 4.2% in the last week, with Banco BTG Pactual up 4.1%. Overall in the last year, the industry is flat. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

Has the Brazilian Capital Markets Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 01 Dec 2022R$216.4bR$38.4bR$12.4b14.3x17.4x5.6x
Sat, 29 Oct 2022R$232.8bR$35.9bR$12.3b11.3x18.9x6.5x
Mon, 26 Sep 2022R$222.9bR$35.9bR$12.3b12.7x18.1x6.2x
Wed, 24 Aug 2022R$220.7bR$36.3bR$12.7b15x17.4x6.1x
Fri, 22 Jul 2022R$195.4bR$35.4bR$13.2b14.5x14.8x5.5x
Sun, 19 Jun 2022R$197.1bR$35.3bR$13.1b15.1x15x5.6x
Tue, 17 May 2022R$212.7bR$34.7bR$12.9b17.8x16.5x6.1x
Thu, 14 Apr 2022R$233.3bR$28.5bR$12.1b19.9x19.2x8.2x
Sat, 12 Mar 2022R$220.9bR$28.6bR$11.9b23.1x18.5x7.7x
Mon, 07 Feb 2022R$227.2bR$30.4bR$11.5b26.5x19.7x7.5x
Wed, 05 Jan 2022R$193.8bR$30.5bR$11.6b23.6x16.7x6.4x
Fri, 03 Dec 2021R$207.0bR$30.5bR$11.6b24.1x17.9x6.8x
Sun, 31 Oct 2021R$219.5bR$28.2bR$10.2b31.3x21.6x7.8x
Tue, 28 Sep 2021R$251.4bR$28.1bR$10.2b35.7x24.8x8.9x
Thu, 26 Aug 2021R$265.4bR$28.4bR$10.2b30.5x26.1x9.4x
Fri, 02 Jul 2021R$286.0bR$28.3bR$10.2b29.4x28.1x10.1x
Mon, 05 Apr 2021R$230.5bR$23.1bR$8.8b25.4x26.1x10x
Thu, 07 Jan 2021R$237.5bR$20.3bR$8.1b30.1x29.3x11.7x
Wed, 30 Sep 2020R$206.6bR$15.3bR$7.7b40.3x26.9x13.5x
Sat, 04 Jul 2020R$200.1bR$13.6bR$7.3b27.8x27.5x14.7x
Tue, 07 Apr 2020R$121.0bR$12.4bR$7.0b17.7x17.2x9.8x
Fri, 10 Jan 2020R$184.8bR$13.6bR$6.8b25x27x13.6x
Price to Earnings Ratio

29.1x


Total Market Cap: R$169.1bTotal Earnings: R$5.8bTotal Revenue: R$11.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Capital Markets Industry Price to Earnings3Y Average 23.6x202020212022
Current Industry PE
  • Investors are pessimistic on the Brazilian Capital Markets industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 17.4x which is lower than its 3-year average PE of 23.6x.
  • The 3-year average PS ratio of 10.2x is higher than the industry's current PS ratio of 5.6x.
Past Earnings Growth
  • The earnings for companies in the Capital Markets industry have grown 29% per year over the last three years.
  • Revenues for these companies have grown 51% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Brazilian Financials industry?

BR Market1.66%
Financials0.75%
Capital Markets4.16%
Financial Exchanges and Data4.51%
Diversified Capital Markets4.10%
Investment Banking and Brokerage2.01%
Asset Management0.84%
Industry PE
  • Investors are most optimistic about the Investment Banking and Brokerage industry even though it's trading below its 3-year average PE ratio of 42.1x.
    • Analysts are expecting annual earnings growth of 19.3%, which is lower than the prior year's growth of 24.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Investment Banking and Brokerage industry, expecting annual earnings growth of 19% over the next 5 years.
  • However this is lower than its past earnings growth rate of 24% per year.
  • In contrast, the Financial Exchanges and Data industry is expected to see its earnings grow by 13% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
BPAC3 Banco BTG PactualR$13.474.1%
+R$6.1b
0.9%PE19.5x
B3SA3 B3 - Brasil Bolsa BalcĆ£oR$12.534.5%
+R$3.2b
13.8%PE17x
BRBI11 BR Advisory Partners ParticipaƧƵesR$12.563.4%
+R$129.1m
-23.3%PE27.4x
TRAD3 TC Traders ClubR$2.045.7%
+R$30.8m
-70.9%PS6x
FIGE3 Investimentos BemgeR$14.2547.7%
+R$10.9m
n/aPE2.4x
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

FIGE3

R$14.25

Investimentos Bemge

7D

47.7%

1Y

n/a

G2DI33

R$2.65

G2D Investments

7D

3.1%

1Y

-55.8%

TRAD3

R$2.04

TC Traders Club

7D

5.7%

1Y

-70.9%

MODL3

R$2.44

Banco Modal

7D

-0.8%

1Y

-39.2%

B3SA3

R$12.53

B3 - Brasil Bolsa BalcĆ£o

7D

4.5%

1Y

13.8%

BPAC3

R$13.47

Banco BTG Pactual

7D

4.1%

1Y

0.9%

BAHI3

R$13.28

Bahema EducaĆ§Ć£o

7D

0.6%

1Y

-4.5%

GPIV33

R$2.96

GP Investments

7D

-4.2%

1Y

-51.5%