Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Brazilian (BOVESPA) Industrials Sector Analysis

UpdatedMay 02, 2026
DataAggregated Company Financials
Companies43
  • 7D-4.5%
  • 3M-10.5%
  • 1Y3.5%
  • YTD-2.8%

Over the last 7 days, the Industrials industry has dropped 4.5%, driven by WEG declining 6.2%. On the other hand Azul is actually up 13%. Over the past 12 months, the industry was up 3.5%. As for the next few years, earnings are expected to grow by 21% per annum.

Sector Valuation and Performance

Has the Brazilian Industrials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 02 May 2026R$449.0bR$342.2bR$19.1b12.6x23.5x1.3x
Mon, 30 Mar 2026R$455.4bR$344.6bR$18.0b11.4x25.3x1.3x
Wed, 25 Feb 2026R$513.9bR$341.8bR$18.4b12.3x27.9x1.5x
Fri, 23 Jan 2026R$474.3bR$344.8bR$18.4b11.2x25.8x1.4x
Sun, 21 Dec 2025R$471.4bR$344.8bR$18.4b10.8x25.6x1.4x
Tue, 18 Nov 2025R$455.7bR$344.9bR$20.0b11.1x22.8x1.3x
Thu, 16 Oct 2025R$404.9bR$340.1bR$20.2b9x20.1x1.2x
Sat, 13 Sep 2025R$436.6bR$343.5bR$21.0b9.1x20.8x1.3x
Mon, 11 Aug 2025R$434.7bR$335.9bR$20.0b9.2x21.7x1.3x
Wed, 09 Jul 2025R$460.8bR$335.3bR$17.5b9x26.3x1.4x
Fri, 06 Jun 2025R$470.6bR$336.0bR$16.6b9.1x28.3x1.4x
Sun, 04 May 2025R$438.4bR$306.8bR$14.8b9.4x29.7x1.4x
Tue, 01 Apr 2025R$441.7bR$326.4bR$16.6b8x26.6x1.4x
Thu, 27 Feb 2025R$468.8bR$315.0bR$17.7b8.1x26.5x1.5x
Sat, 25 Jan 2025R$486.7bR$313.7bR$18.5b8.1x26.2x1.6x
Mon, 23 Dec 2024R$482.6bR$313.7bR$18.5b8.2x26x1.5x
Wed, 20 Nov 2024R$508.3bR$313.6bR$18.7b9.3x27.2x1.6x
Fri, 18 Oct 2024R$508.7bR$295.8bR$16.5b11.1x30.9x1.7x
Sun, 15 Sep 2024R$503.9bR$295.8bR$16.5b12.2x30.6x1.7x
Tue, 13 Aug 2024R$502.3bR$289.9bR$19.2b11.7x26.1x1.7x
Thu, 11 Jul 2024R$450.1bR$282.7bR$18.4b11.5x24.5x1.6x
Sat, 08 Jun 2024R$409.2bR$297.5bR$18.6b12.9x22x1.4x
Mon, 06 May 2024R$427.4bR$287.7bR$17.3b12.2x24.7x1.5x
Wed, 03 Apr 2024R$434.9bR$287.0bR$17.2b11.6x25.4x1.5x
Fri, 01 Mar 2024R$422.0bR$293.3bR$16.6b10.3x25.3x1.4x
Sun, 28 Jan 2024R$412.3bR$292.2bR$15.5b11.1x26.6x1.4x
Tue, 26 Dec 2023R$445.9bR$292.2bR$15.5b11.9x28.8x1.5x
Thu, 23 Nov 2023R$418.7bR$292.0bR$16.0b12.3x26.2x1.4x
Sat, 21 Oct 2023R$388.5bR$285.9bR$15.3b12.4x25.4x1.4x
Mon, 18 Sep 2023R$430.2bR$285.9bR$15.3b13.4x28.1x1.5x
Wed, 16 Aug 2023R$446.5bR$288.6bR$15.7b12.3x28.4x1.5x
Fri, 14 Jul 2023R$431.1bR$274.4bR$15.0b12.7x28.7x1.6x
Sun, 11 Jun 2023R$439.0bR$273.8bR$15.2b13.3x28.9x1.6x
Tue, 09 May 2023R$411.4bR$267.8bR$15.8b11.5x26x1.5x
Price to Earnings Ratio

26x


Total Market Cap: R$411.4bTotal Earnings: R$15.8bTotal Revenue: R$267.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Industrials Sector Price to Earnings3Y Average 25.7x202420252026
Current Industry PE
  • Investors are relatively neutral on the Brazilian Industrials 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 25.7x.
  • The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 6.6% per year over the last three years.
  • Revenues for these companies have grown 8.5% 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 Industrials sector?

BR Market-1.78%
Industrials-4.52%
Construction1.75%
Building0%0
Industrials0%0
Logistics0%0
Airlines0%0
Marine and Shipping-0.98%
Commercial Services-1.56%
Aerospace & Defense-1.67%
Machinery-2.41%
Infrastructure-3.03%
Professional Services-4.75%
Transportation-4.78%
Trade Distributors-5.99%
Electrical-6.15%
Industry PE
  • Investors are most optimistic about the Marine and Shipping industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 31.7%, which is higher than its past year's earnings growth of 18.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Transportation industry, expecting annual earnings growth of 35% over the next 5 years.
  • This is better than its past earnings decline of 3.3% per year.
  • In contrast, the Professional Services industry is expected to see its earnings decline by 7.6% 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
AZUL3 AzulR$31.8513.2%
+R$1.4b		n/aPE93.1x
ORVR3 Orizon Valorização de ResíduosR$81.501.2%
+R$94.2m		69.6%PE130.3x
TPIS3 Triunfo Participações e InvestimentosR$11.3219.8%
+R$81.1m		153.8%PS0.5x
HBSA3 Hidrovias do BrasilR$3.340.3%
+R$13.6m		9.5%PE75.1x

Latest News

RENT3
R$45.91
Localiza Rent a Car
7D
-6.9%
1Y
6.5%
WEGE3
R$44.86
WEG
7D
-6.2%
1Y
1.0%

WEG S.A. Just Missed EPS By 13%: Here's What Analysts Think Will Happen Next

May 02
WEG S.A. Just Missed EPS By 13%: Here's What Analysts Think Will Happen Next
MOTV3
R$16.00
Motiva Infraestrutura de Mobilidade
7D
-2.9%
1Y
14.4%
ORVR3
R$81.50
Orizon Valorização de Resíduos
7D
1.2%
1Y
69.6%

ORVR3: Future Returns Will Rely On Biomethane Expansion And Margin Resilience

Analysts have lifted their price target for Orizon Valorização de Resíduos from roughly R$86.02 to about R$89.85, citing updated assumptions for the discount rate, revenue growth, profit margins and future P/E, which adjust their view of the company’s valuation profile. What's in the News Orizon Valorização de Resíduos inaugurated a new biomethane plant at Ecoparque Jaboatão in Pernambuco, Brazil, supported by a complete biogas upgrading system supplied by Greenlane and total investment of BRL 258 million (Key Developments).
GGPS3
R$15.08
GPS Participações e Empreendimentos
7D
-3.1%
1Y
9.9%

GGPS3: Higher Future P/E Will Support Upside Despite Slight Fair Value Trim

Analysts have adjusted their price target for GPS Participações e Empreendimentos slightly lower from R$23.01 to R$22.63, citing updated assumptions around the discount rate, revenue growth, profit margin, and future P/E levels. Valuation Changes Fair Value: Adjusted slightly lower from R$23.01 to R$22.63.
MRSA3B
R$41.79
MRS Logística
7D
-4.0%
1Y
44.1%
HBSA3
R$3.34
Hidrovias do Brasil
7D
0.3%
1Y
9.5%
ECOR3
R$8.79
EcoRodovias Infraestrutura e Logística
7D
-5.1%
1Y
31.0%

ECOR3: Fair Pricing Expected To Hold With Lower Margins And Higher P/E

Analysts have nudged their fair value estimate for EcoRodovias Infraestrutura e Logística slightly higher from R$9.50 to R$9.60. This reflects updated assumptions for revenue trajectory, profit margins, a higher future P/E multiple, and a modest adjustment to the discount rate.
EMBJ3
R$77.04
Embraer
7D
-1.7%
1Y
16.5%

Simply a smaller aircraft manufacturer benefiting from an Aerospace Upcycle, or is it a niche aerospace platform with moat?

Rating: Buy / Quality Cyclical Growth Style: Aerospace OEM with backlog-driven visibility and multi-segment optionality Core debate: Is Embraer simply a smaller aircraft manufacturer benefiting from an aerospace upcycle, or is it a niche aerospace platform with durable competitive positions, improving margins, and an unusually attractive backlog-to-revenue profile? Executive view Embraer looks increasingly like one of the more attractive ways to invest in aerospace without taking full exposure to the execution problems and balance-sheet complexity of the largest airframers.
MOVI3
R$12.14
Movida Participações
7D
-10.4%
1Y
70.5%
TPIS3
R$11.32
Triunfo Participações e Investimentos
7D
19.8%
1Y
153.8%
AZUL3
R$31.85
Azul
7D
13.2%
1Y
n/a