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Brazilian (BOVESPA) Tech Sector Analysis

UpdatedApr 22, 2026
DataAggregated Company Financials
Companies9
  • 7D-0.2%
  • 3M-16.1%
  • 1Y-1.2%
  • YTD-7.1%

In the last week, the Tech industry is up 1.2%, with Locaweb Serviços de Internet leading the way with a 5.3% gain. The industry has been flat over the past 12 months despite the gain this week. Earnings are forecast to grow by 23% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 22 Apr 2026R$30.7bR$25.9bR$1.3b13.7x22.9x1.2x
Fri, 20 Mar 2026R$29.6bR$25.7bR$1.4b13.8x21.8x1.2x
Sun, 15 Feb 2026R$31.4bR$25.8bR$1.3b8.6x24.5x1.2x
Tue, 13 Jan 2026R$35.2bR$26.0bR$1.3b8x27.4x1.4x
Thu, 11 Dec 2025R$36.2bR$26.0bR$1.3b9.1x28.3x1.4x
Sat, 08 Nov 2025R$35.8bR$25.7bR$1.3b20.6x28.4x1.4x
Mon, 06 Oct 2025R$35.3bR$25.5bR$1.3b30.5x27.1x1.4x
Wed, 03 Sep 2025R$33.6bR$25.5bR$1.3b31.4x25.9x1.3x
Fri, 01 Aug 2025R$34.9bR$25.1bR$1.2b21.3x29.5x1.4x
Sun, 29 Jun 2025R$34.6bR$25.1bR$1.2b21.5x29.6x1.4x
Tue, 27 May 2025R$34.7bR$25.1bR$1.2b21.2x29.7x1.4x
Thu, 24 Apr 2025R$31.7bR$25.4bR$1.2b9.2x27.3x1.2x
Sat, 22 Mar 2025R$30.8bR$25.7bR$1.1b8.3x29.2x1.2x
Mon, 17 Feb 2025R$32.3bR$26.2bR$1.2b13x26.1x1.2x
Wed, 15 Jan 2025R$26.7bR$26.0bR$1.2b12.4x22.8x1x
Fri, 13 Dec 2024R$30.4bR$26.0bR$1.2b13.8x25.9x1.2x
Sun, 10 Nov 2024R$31.6bR$26.1bR$976.9m18.9x32.3x1.2x
Tue, 08 Oct 2024R$31.0bR$25.8bR$863.0m21.1x35.9x1.2x
Thu, 05 Sep 2024R$32.6bR$25.8bR$863.0m22.7x37.7x1.3x
Sat, 03 Aug 2024R$31.8bR$25.9bR$918.2m12.5x34.6x1.2x
Mon, 01 Jul 2024R$33.7bR$25.6bR$917.8m13.4x36.7x1.3x
Wed, 29 May 2024R$33.1bR$25.6bR$917.7m13.3x36x1.3x
Fri, 26 Apr 2024R$31.2bR$24.8bR$473.3m11.4x65.9x1.3x
Sun, 24 Mar 2024R$33.9bR$25.1bR$592.9m12.6x57.2x1.4x
Tue, 20 Feb 2024R$32.7bR$24.8bR$550.6m12.5x59.4x1.3x
Thu, 18 Jan 2024R$41.2bR$28.6bR$1.2b13.4x34.9x1.4x
Sat, 16 Dec 2023R$43.2bR$28.6bR$1.2b13.7x36.5x1.5x
Mon, 13 Nov 2023R$40.4bR$28.7bR$1.5b12x27.1x1.4x
Wed, 11 Oct 2023R$38.1bR$28.7bR$1.5b15.5x26.2x1.3x
Fri, 08 Sep 2023R$41.2bR$28.7bR$1.5b17.4x28.3x1.4x
Sun, 06 Aug 2023R$42.7bR$29.4bR$1.6b19.6x26.3x1.5x
Tue, 04 Jul 2023R$44.8bR$29.4bR$1.6b20.2x27.9x1.5x
Thu, 01 Jun 2023R$42.0bR$29.4bR$1.6b17.6x26.2x1.4x
Sat, 29 Apr 2023R$36.7bR$29.5bR$2.1b16.7x17.6x1.2x
Price to Earnings Ratio

17.6x


Total Market Cap: R$36.7bTotal Earnings: R$2.1bTotal Revenue: R$29.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Tech Sector Price to Earnings3Y Average 32x202420252026
Current Industry PE
  • Investors are pessimistic on the Brazilian Information Technology 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 22.9x which is lower than its 3-year average PE of 32.0x.
  • The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have declined 14% per year over the last three years,
  • Revenues have also declined 4.2% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Brazilian Tech sector?

BR Market-0.77%
Tech-0.18%
Tech Hardware3.89%
Communications2.35%
IT0%0
Electronic Equipment and Components-0.44%
Software-1.14%
Industry PE
  • Investors are most optimistic about the Software industry even though it's trading below its 3-year average PE ratio of 35.8x.
    • Analysts expect its future annual earnings growth (20.0%) to be largely in line with prior year's earnings growth.
Forecasted Growth
  • Analysts are most optimistic on the IT industry, expecting annual earnings growth of 79% over the next 5 years.
  • In contrast, the Electronic Equipment and Components industry is expected to see its earnings decline by 10% 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
INTB3 Intelbras - Indústria de Telecomunicação Eletrônica BrasileiraR$14.702.4%
+R$114.5m
11.5%PE10x
MLAS3 Grupo MultiR$1.583.9%
+R$48.4m
18.8%PE10.5x
POSI3 Positivo TecnologiaR$4.683.8%
+R$23.7m
-21.1%PE75.4x
WDCN3 Livetech da Bahia Indústria e ComércioR$2.552.4%
+R$3.8m
-14.7%PS0.2x
NGRD3 Neogrid ParticipaçõesR$32.810.2%
+R$716.4k
61.3%PS1.1x

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