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Brazilian (BOVESPA) Capital Markets Industry Analysis

UpdatedFeb 24, 2024
DataAggregated Company Financials
Companies12
  • 7D0.5%
  • 3M6.4%
  • 1Y59.3%
  • YTD-4.0%

Over the last 7 days, the Capital Markets industry has risen 2.1%, driven by gains from Banco BTG Pactual of 1.5%. In the last 12 months, the industry was up 59%. Earnings are forecast to grow by 15% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 Feb 2024R$262.7bR$40.7bR$14.1b10.3x18.7x6.5x
Mon, 22 Jan 2024R$257.0bR$38.4bR$13.0b8.4x19.8x6.7x
Wed, 20 Dec 2023R$262.4bR$38.4bR$13.0b8x20.2x6.8x
Fri, 17 Nov 2023R$239.0bR$38.4bR$13.0b8x18.4x6.2x
Sun, 15 Oct 2023R$217.3bR$38.0bR$12.5b8.2x17.4x5.7x
Tue, 12 Sep 2023R$225.0bR$38.0bR$12.5b7.5x18x5.9x
Thu, 10 Aug 2023R$245.8bR$40.9bR$12.6b11.8x19.6x6x
Sat, 08 Jul 2023R$241.3bR$40.7bR$12.2b11.8x19.8x5.9x
Mon, 05 Jun 2023R$229.1bR$40.7bR$12.2b9.1x18.8x5.6x
Wed, 03 May 2023R$185.0bR$40.0bR$12.1b10x15.2x4.6x
Fri, 31 Mar 2023R$168.1bR$39.9bR$12.2b9.4x13.8x4.2x
Sun, 26 Feb 2023R$172.3bR$40.0bR$12.2b13.3x14.1x4.3x
Tue, 24 Jan 2023R$189.0bR$38.4bR$12.4b13.7x15.2x4.9x
Thu, 22 Dec 2022R$202.0bR$38.4bR$12.4b13.7x16.3x5.3x
Sat, 19 Nov 2022R$213.2bR$39.0bR$12.4b14.1x17.2x5.5x
Mon, 17 Oct 2022R$231.1bR$35.9bR$12.3b12.2x18.8x6.4x
Wed, 14 Sep 2022R$231.8bR$35.9bR$12.3b12.1x18.8x6.5x
Fri, 12 Aug 2022R$220.6bR$37.6bR$13.5b16x16.3x5.9x
Sun, 10 Jul 2022R$198.4bR$35.3bR$13.2b15.1x15.1x5.6x
Tue, 07 Jun 2022R$212.8bR$35.2bR$13.1b16.2x16.2x6x
Thu, 05 May 2022R$213.0bR$28.5bR$12.2b18.8x17.5x7.5x
Sat, 02 Apr 2022R$249.0bR$28.9bR$12.3b22x20.2x8.6x
Mon, 28 Feb 2022R$243.6bR$28.5bR$11.9b28x20.5x8.5x
Wed, 26 Jan 2022R$207.4bR$30.5bR$11.6b25x17.9x6.8x
Fri, 24 Dec 2021R$213.9bR$30.5bR$11.6b24.1x18.5x7x
Sun, 21 Nov 2021R$219.1bR$31.1bR$11.6b26.9x19x7x
Tue, 19 Oct 2021R$234.0bR$28.1bR$10.2b32.7x23x8.3x
Thu, 16 Sep 2021R$259.6bR$28.1bR$10.1b31.2x25.6x9.2x
Sat, 14 Aug 2021R$281.5bR$28.4bR$10.2b31.3x27.7x9.9x
Wed, 09 Jun 2021R$292.0bR$23.5bR$8.9b33.4x32.8x12.4x
Tue, 02 Mar 2021R$228.2bR$20.3bR$8.1b27.9x28.2x11.2x
Price to Earnings Ratio

28.2x


Total Market Cap: R$228.2bTotal Earnings: R$8.1bTotal Revenue: R$20.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Capital Markets Industry Price to Earnings3Y Average 19.9x202220232024
Current Industry PE
  • Investors are relatively neutral on the Brazilian Capital Markets 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 19.9x.
  • The industry is trading close to its 3-year average PS ratio of 7.1x.
Past Earnings Growth
  • The earnings for companies in the Capital Markets industry have grown 20% per year over the last three years.
  • Revenues for these companies have grown 26% 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 Market0.42%
Financials0.21%
Capital Markets0.48%
Diversified Capital Markets1.46%
Asset Management-0.014%
Financial Exchanges and Data-2.15%
Investment Banking and Brokerage-2.45%
Industry PE
  • Investors are most optimistic about the Diversified Capital Markets industry, which is trading close to its 3-year average PE ratio of 21.4x.
    • Analysts are expecting annual earnings growth of 15.2%, which is lower than the prior year's growth of 26.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Capital Markets industry, expecting annual earnings growth of 15% over the next 5 years.
  • However this is lower than its past earnings growth rate of 27% per year.
  • In contrast, the Financial Exchanges and Data industry is expected to see its earnings grow by 14% 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
BPAC11 Banco BTG PactualR$36.951.5%
+R$2.8b
81.8%PE19.5x
TRAD3 TC Traders ClubR$0.8514.9%
+R$30.8m
-41.4%PS4.2x
GPIV33 GP InvestmentsR$2.851.8%
+R$6.7m
29.5%PB0.4x
G2DI33 G2D InvestmentsR$1.871.1%
+R$2.3m
-4.1%PE3.1x
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Latest News

GPIV33

R$2.85

GP Investments

7D

1.8%

1Y

29.5%

BPAC11

R$36.95

Banco BTG Pactual

7D

1.5%

1Y

81.8%

B3SA3

R$12.45

B3 - Brasil Bolsa Balcão

7D

-2.2%

1Y

19.8%

G2DI33

R$1.87

G2D Investments

7D

1.1%

1Y

-4.1%

BAHI3

R$6.70

Bahema Educação

7D

-1.3%

1Y

-44.2%