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Brazilian (BOVESPA) IT Industry Analysis

UpdatedNov 26, 2024
DataAggregated Company Financials
Companies1
  • 7D3.9%
  • 3M-10.4%
  • 1Y-28.9%
  • YTD-22.8%

Over the last 7 days, the IT industry has remained flat. As for the longer term, the industry has declined 28% in the last year. As for the next few years, earnings are expected to grow by 65% per annum.

Industry Valuation and Performance

Has the Brazilian IT Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 26 Nov 2024R$2.3bR$1.4bR$14.6m154.5x154.5x1.7x
Thu, 24 Oct 2024R$2.5bR$1.3bR$1.6m1585.7x1585.7x1.9x
Sat, 21 Sep 2024R$2.4bR$1.3bR$1.6m1537.6x1537.6x1.8x
Mon, 19 Aug 2024R$2.7bR$1.3bR$1.6m1715.4x1715.4x2x
Wed, 17 Jul 2024R$2.7bR$1.3b-R$56,498,000.00n/a-48.6x2.1x
Fri, 14 Jun 2024R$2.4bR$1.3b-R$56,498,000.00n/a-42.9x1.9x
Sun, 12 May 2024R$2.9bR$1.3b-R$73,735,000.00n/a-39.4x2.2x
Tue, 09 Apr 2024R$3.1bR$1.3b-R$73,735,000.00n/a-42.6x2.4x
Thu, 07 Mar 2024R$3.4bR$1.3b-R$8,454,000.00n/a-408x2.8x
Sat, 03 Feb 2024R$7.6bR$4.6bR$585.2m7.5x13x1.7x
Mon, 01 Jan 2024R$8.0bR$4.6bR$585.2m7.5x13.7x1.7x
Wed, 29 Nov 2023R$8.0bR$4.6bR$585.2m7.5x13.6x1.7x
Fri, 27 Oct 2023R$7.9bR$4.6bR$574.5m7.5x13.8x1.7x
Sun, 24 Sep 2023R$8.2bR$4.6bR$574.5m7.5x14.2x1.8x
Tue, 22 Aug 2023R$8.4bR$4.6bR$574.5m7.5x14.7x1.8x
Thu, 20 Jul 2023R$8.8bR$4.5bR$626.6m69.2x14x1.9x
Sat, 17 Jun 2023R$10.1bR$4.5bR$626.6m88.4x16.1x2.2x
Mon, 15 May 2023R$8.6bR$4.5bR$626.6m65.6x13.7x1.9x
Wed, 12 Apr 2023R$7.6bR$4.5bR$623.9m54.9x12.1x1.7x
Fri, 10 Mar 2023R$23.4bR$16.4bR$1.9b8.8x12.6x1.4x
Sun, 05 Feb 2023R$22.8bR$16.4bR$1.9b8.5x12.3x1.4x
Tue, 03 Jan 2023R$23.6bR$16.8bR$1.9b8.6x12.6x1.4x
Thu, 01 Dec 2022R$23.6bR$16.8bR$1.9b8.2x12.6x1.4x
Sat, 29 Oct 2022R$27.4bR$16.9bR$1.7b10.6x16.1x1.6x
Mon, 26 Sep 2022R$25.7bR$16.9bR$1.7b10.3x15.1x1.5x
Wed, 24 Aug 2022R$27.6bR$16.9bR$1.7b10.4x16.2x1.6x
Fri, 22 Jul 2022R$21.5bR$16.7bR$1.4b9.3x15.4x1.3x
Sun, 19 Jun 2022R$19.5bR$16.7bR$1.4b8.2x14x1.2x
Tue, 17 May 2022R$15.8bR$16.2bR$1.5b8.8x10.6x1x
Thu, 14 Apr 2022R$18.4bR$15.9bR$1.5b10x12.3x1.2x
Sat, 12 Mar 2022R$15.4bR$15.6bR$1.4b9.1x11.1x1x
Mon, 07 Feb 2022R$15.6bR$15.6bR$1.4b9.1x11.3x1x
Wed, 05 Jan 2022R$16.7bR$15.4bR$1.3b9.1x12.4x1.1x
Fri, 03 Dec 2021R$16.4bR$15.4bR$1.3b9.5x12.1x1.1x
Price to Earnings Ratio

12.1x


Total Market Cap: R$16.4bTotal Earnings: R$1.3bTotal Revenue: R$15.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian IT Industry Price to Earnings3Y Average 119x202220232024
Current Industry PE
    There is only one company in the Brazilian IT industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.
Past Earnings Growth
  • The earnings for companies in the IT industry have declined 78% per year over the last three years,
  • Revenues have also declined 56% 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 industry?

BR Market0.70%
Tech-0.61%
IT3.86%
Internet Services and Infrastructure3.86%
IT Consulting0%
Data Processing Services-2.99%
Industry PE
  • Investors are most optimistic about the Internet Services and Infrastructure industry even though it's trading below its 3-year average PE ratio of 2kx.
    • Analysts are expecting annual earnings growth of 64.6% and investors are willing to pay a premium for that growth.
  • Investors are most pessimistic about the Data Processing Services industry, which is trading below its 3-year average of 9.0x.
Forecasted Growth
  • Analysts are most optimistic on the Internet Services and Infrastructure industry, expecting annual earnings growth of 65% over the next 5 years.
  • In contrast, the Internet Services and Infrastructure industry is expected to see its earnings grow by 65% 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
LWSA3 Locaweb Serviços de InternetR$4.303.9%
+R$83.9m
-28.9%PE154.5x
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