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Brazilian (BOVESPA) Industrials Sector Analysis

UpdatedFeb 28, 2024
DataAggregated Company Financials
Companies48
  • 7D1.6%
  • 3M2.5%
  • 1Y8.5%
  • YTD-1.5%

Over the last 7 days, the Industrials industry has risen 1.6%, driven by gains from WEG of 0.9%. Meanwhile, Aeris Indústria e Comércio de Equipamentos para Geração de Energia actually underperformed within the industry, shrinking 14% in the last week. This takes the industry's 12 month performance to a gain of 8.5%. As for the next few years, earnings are expected to grow by 24% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 28 Feb 2024R$415.4bR$293.4bR$16.7b10.2x24.9x1.4x
Fri, 26 Jan 2024R$415.3bR$292.2bR$15.5b11x26.8x1.4x
Sun, 24 Dec 2023R$445.9bR$292.2bR$15.5b11.9x28.8x1.5x
Tue, 21 Nov 2023R$415.7bR$291.8bR$16.0b11.7x26x1.4x
Thu, 19 Oct 2023R$390.2bR$285.9bR$15.3b12.4x25.5x1.4x
Sat, 16 Sep 2023R$433.4bR$285.9bR$15.3b13.3x28.3x1.5x
Mon, 14 Aug 2023R$449.7bR$282.7bR$15.7b12.4x28.6x1.6x
Wed, 12 Jul 2023R$432.4bR$274.4bR$15.0b12.4x28.8x1.6x
Fri, 09 Jun 2023R$440.0bR$273.8bR$15.2b13.5x29x1.6x
Sun, 07 May 2023R$412.0bR$267.3bR$15.8b11x26.1x1.5x
Tue, 04 Apr 2023R$400.6bR$263.9bR$18.3b9.6x21.9x1.5x
Thu, 02 Mar 2023R$390.5bR$248.8bR$18.6b9.9x21x1.6x
Sat, 28 Jan 2023R$394.4bR$234.3bR$16.8b11.5x23.5x1.7x
Mon, 26 Dec 2022R$388.4bR$234.3bR$16.8b10.6x23.1x1.7x
Wed, 23 Nov 2022R$395.8bR$221.2bR$17.0b8.9x23.3x1.8x
Fri, 21 Oct 2022R$400.5bR$215.6bR$18.0b9.3x22.3x1.9x
Sun, 18 Sep 2022R$377.0bR$216.5bR$17.8b9.1x21.2x1.7x
Tue, 16 Aug 2022R$388.2bR$213.5bR$17.9b9.7x21.7x1.8x
Thu, 14 Jul 2022R$324.3bR$205.4bR$19.1b7.6x17x1.6x
Sat, 11 Jun 2022R$318.3bR$195.8bR$19.1b9.1x16.7x1.6x
Mon, 09 May 2022R$330.1bR$194.6bR$14.9b11.6x22.1x1.7x
Wed, 06 Apr 2022R$391.5bR$188.1bR$14.7b13.5x26.6x2.1x
Fri, 04 Mar 2022R$354.9bR$185.7bR$14.2b12.5x25x1.9x
Sun, 30 Jan 2022R$371.3bR$180.1bR$15.2b11.3x24.4x2.1x
Tue, 28 Dec 2021R$384.9bR$180.3bR$15.2b12.1x25.3x2.1x
Thu, 25 Nov 2021R$386.2bR$180.7bR$15.5b11.1x24.9x2.1x
Sat, 23 Oct 2021R$400.0bR$170.5bR$12.4b14.8x32.2x2.3x
Mon, 20 Sep 2021R$422.3bR$168.3bR$12.1b17.5x34.9x2.5x
Wed, 18 Aug 2021R$395.0bR$168.2bR$12.1b18.2x32.6x2.3x
Wed, 02 Jun 2021R$396.8bR$144.1bR$6.7b24.2x59.3x2.8x
Sat, 06 Mar 2021R$369.3bR$127.9bR$2.8b31.4x130.7x2.9x
Price to Earnings Ratio

130.7x


Total Market Cap: R$369.3bTotal Earnings: R$2.8bTotal Revenue: R$127.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Industrials Sector Price to Earnings3Y Average 28.4x202220232024
Current Industry PE
  • Investors are pessimistic on the Brazilian Industrials 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 24.9x which is lower than its 3-year average PE of 28.4x.
  • The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 81% per year over the last three years.
  • Revenues for these companies have grown 32% 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 Market0.82%
Industrials1.56%
Logistics6.98%
Industrials6.32%
Aerospace & Defense3.90%
Marine and Shipping3.41%
Building2.92%
Machinery2.81%
Infrastructure2.00%
Transportation1.86%
Trade Distributors1.02%
Electrical0.81%
Professional Services0.70%
Commercial Services0.37%
Airlines0%
Construction-3.74%
Industry PE
  • Investors are most optimistic about the Aerospace & Defense industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 81.8%, which is higher than its past year's earnings decline of 61.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Aerospace & Defense industry, expecting annual earnings growth of 82% over the next 5 years.
  • This is better than its past earnings decline of 62% per year.
  • In contrast, the Electrical industry is expected to see its earnings grow by 7.5% 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
WEGE3 WEGR$36.960.9%
+R$1.4b
-6.1%PE27.1x
EMBR3 EmbraerR$23.454.2%
+R$697.9m
38.8%PS0.6x
CCRO3 CCRR$14.052.5%
+R$685.8m
28.9%PE16.6x
VAMO3 Vamos Locação de Caminhões Máquinas e EquipamentosR$9.187.1%
+R$668.8m
-31.6%PE15.6x
RENT3 Localiza Rent a CarR$54.501.0%
+R$580.2m
2.2%PE37.2x
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