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Brazilian (BOVESPA) IT Industry Analysis
UpdatedApr 19, 2024
DataAggregated Company Financials
Companies1
- 7D-6.5%
- 3M-15.5%
- 1Y-7.9%
- YTD-12.6%
Over the last 7 days, the IT industry has dropped 6.5%, driven by pullbacks from every company within the industry. However, the industry is down 7.9% over the past year. As for the next few years, earnings are expected to grow by 77% per annum.
Industry Valuation and Performance
Has the Brazilian IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 20 Apr 2024 | R$2.9b | R$1.3b | -R$73,735,000.00 | n/a | -39x | 2.2x |
| Mon, 18 Mar 2024 | R$3.3b | R$1.3b | -R$8,454,000.00 | n/a | -395.4x | 2.7x |
| Wed, 14 Feb 2024 | R$3.3b | R$1.3b | -R$8,454,000.00 | n/a | -389.8x | 2.6x |
| Fri, 12 Jan 2024 | R$8.1b | R$4.6b | R$585.2m | 7.5x | 13.9x | 1.8x |
| Sun, 10 Dec 2023 | R$8.0b | R$4.6b | R$585.2m | 7.5x | 13.7x | 1.7x |
| Tue, 07 Nov 2023 | R$8.4b | R$4.6b | R$574.5m | 7.5x | 14.7x | 1.8x |
| Thu, 05 Oct 2023 | R$8.1b | R$4.6b | R$574.5m | 7.5x | 14x | 1.8x |
| Sat, 02 Sep 2023 | R$8.7b | R$4.6b | R$574.5m | 7.5x | 15.1x | 1.9x |
| Mon, 31 Jul 2023 | R$8.7b | R$4.5b | R$626.6m | 67.4x | 13.8x | 1.9x |
| Wed, 28 Jun 2023 | R$9.4b | R$4.5b | R$626.6m | 79x | 15.1x | 2.1x |
| Fri, 26 May 2023 | R$8.8b | R$4.5b | R$626.6m | 69.7x | 14.1x | 1.9x |
| Sun, 23 Apr 2023 | R$7.6b | R$4.5b | R$623.9m | 55.4x | 12.2x | 1.7x |
| Tue, 21 Mar 2023 | R$7.9b | R$4.4b | R$597.8m | 416.5x | 13.3x | 1.8x |
| Thu, 16 Feb 2023 | R$23.5b | R$16.4b | R$1.9b | 8.9x | 12.6x | 1.4x |
| Sat, 14 Jan 2023 | R$23.3b | R$16.8b | R$1.9b | 8.3x | 12.4x | 1.4x |
| Mon, 12 Dec 2022 | R$22.0b | R$16.8b | R$1.9b | 7.8x | 11.7x | 1.3x |
| Wed, 09 Nov 2022 | R$27.3b | R$16.6b | R$1.9b | 9.7x | 14.3x | 1.7x |
| Fri, 07 Oct 2022 | R$28.0b | R$16.9b | R$1.7b | 10.5x | 16.5x | 1.7x |
| Sun, 04 Sep 2022 | R$26.5b | R$16.9b | R$1.7b | 10.2x | 15.6x | 1.6x |
| Tue, 02 Aug 2022 | R$22.5b | R$16.7b | R$1.4b | 9.1x | 16.1x | 1.3x |
| Thu, 30 Jun 2022 | R$19.4b | R$16.7b | R$1.4b | 8.4x | 13.9x | 1.2x |
| Sat, 28 May 2022 | R$19.6b | R$16.2b | R$1.5b | 8.9x | 13.1x | 1.2x |
| Mon, 25 Apr 2022 | R$17.8b | R$15.9b | R$1.5b | 9.6x | 11.9x | 1.1x |
| Wed, 23 Mar 2022 | R$17.1b | R$15.7b | R$1.5b | 9x | 11.4x | 1.1x |
| Fri, 18 Feb 2022 | R$16.9b | R$15.6b | R$1.4b | 9.4x | 12.2x | 1.1x |
| Sun, 16 Jan 2022 | R$14.4b | R$15.4b | R$1.3b | 9.3x | 10.7x | 0.9x |
| Tue, 14 Dec 2021 | R$19.2b | R$15.4b | R$1.3b | 10.1x | 14.3x | 1.2x |
| Thu, 11 Nov 2021 | R$24.5b | R$15.3b | R$1.4b | 12.7x | 18.1x | 1.6x |
| Sat, 09 Oct 2021 | R$21.0b | R$12.5b | R$886.3m | 14.7x | 23.7x | 1.7x |
| Mon, 06 Sep 2021 | R$22.4b | R$12.5b | R$886.3m | 15.7x | 25.3x | 1.8x |
| Wed, 04 Aug 2021 | R$25.0b | R$12.5b | R$886.3m | 16.6x | 28.2x | 2x |
| Sat, 08 May 2021 | R$27.3b | R$12.1b | R$628.6m | 21.5x | 43.4x | 2.3x |
Price to Earnings Ratio
43.4x
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
- Total earnings for the IT industry have declined over the last three years, with the industry now making a loss overall.
- Revenues have also declined 53% per year, which is driving profits down.
Industry Trends
Which industries have driven the changes within the Brazilian Tech industry?
| BR Market | -1.62% | |
| Tech | -0.51% | |
| IT | -6.53% | |
| IT Consulting | 0% | |
| Internet Services and Infrastructure | -6.53% | |
| Data Processing Services | -8.71% | |
Industry PE
- Investors are most optimistic about the Data Processing Services industry even though it's trading below its 3-year average PE ratio of 11.4x.
- Analysts are expecting annual earnings growth of 102.8% and investors are willing to pay a premium for that growth.
Forecasted Growth
- Analysts are most optimistic on the Data Processing Services industry, expecting annual earnings growth of 103% over the next 5 years.
- In contrast, the Internet Services and Infrastructure industry is expected to see its earnings grow by 77% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| No data available | |||||