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Brazilian (BOVESPA) Software Industry Analysis

UpdatedMar 27, 2026
DataAggregated Company Financials
Companies2
  • 7D2.0%
  • 3M-18.0%
  • 1Y4.0%
  • YTD-15.3%

In the last week, the Software industry is up 1.1%, with all of the companies up. This takes the industry's 12 month performance to a gain of 4.1%. Earnings are forecast to grow by 20% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 27 Mar 2026R$20.6bR$6.0bR$793.0m25x26x3.4x
Sun, 22 Feb 2026R$23.5bR$6.0bR$793.0m28.6x29.6x3.9x
Tue, 20 Jan 2026R$25.6bR$6.2bR$792.9m31.5x32.2x4.1x
Thu, 18 Dec 2025R$26.9bR$6.2bR$792.9m32.6x34x4.3x
Sat, 15 Nov 2025R$27.9bR$6.2bR$792.9m34.8x35.2x4.5x
Mon, 13 Oct 2025R$25.5bR$6.0bR$829.6m29.3x30.7x4.3x
Wed, 10 Sep 2025R$25.0bR$6.0bR$829.6m28.8x30.1x4.2x
Fri, 08 Aug 2025R$25.3bR$6.0bR$828.3m29.2x30.6x4.2x
Sun, 06 Jul 2025R$25.5bR$5.7bR$754.7m32.1x33.8x4.4x
Tue, 03 Jun 2025R$24.9bR$5.7bR$754.7m31.3x32.9x4.3x
Thu, 01 May 2025R$22.7bR$5.5bR$684.8m31.4x33.2x4.1x
Sat, 29 Mar 2025R$22.2bR$6.0bR$678.0m27.9x32.7x3.7x
Mon, 24 Feb 2025R$23.1bR$6.0bR$682.0m29.2x33.9x3.9x
Wed, 22 Jan 2025R$19.2bR$5.8bR$614.6m26.7x31.2x3.3x
Fri, 20 Dec 2024R$18.0bR$5.8bR$614.6m25.3x29.3x3.1x
Sun, 17 Nov 2024R$19.9bR$5.8bR$614.6m27.3x32.3x3.4x
Tue, 15 Oct 2024R$18.7bR$5.6bR$512.3m30.5x36.6x3.3x
Thu, 12 Sep 2024R$19.3bR$5.6bR$512.3m32x37.6x3.4x
Sat, 10 Aug 2024R$19.3bR$5.6bR$521.2m32.2x37.1x3.4x
Mon, 08 Jul 2024R$19.5bR$5.4bR$511.5m33.3x38.1x3.6x
Wed, 05 Jun 2024R$18.7bR$5.4bR$511.5m31.7x36.6x3.4x
Fri, 03 May 2024R$18.5bR$5.3bR$481.7m62.9x38.3x3.5x
Sun, 31 Mar 2024R$18.4bR$5.3bR$481.7m63.2x38.1x3.5x
Tue, 27 Feb 2024R$20.0bR$5.3bR$488.0m32.4x41x3.8x
Thu, 25 Jan 2024R$21.9bR$5.8bR$525.1m35x41.6x3.8x
Sat, 23 Dec 2023R$23.1bR$5.8bR$525.1m37.2x44x4x
Mon, 20 Nov 2023R$23.0bR$5.8bR$525.1m36.8x43.8x4x
Wed, 18 Oct 2023R$19.6bR$5.6bR$494.0m33.5x39.7x3.5x
Fri, 15 Sep 2023R$21.2bR$5.6bR$494.0m36.4x42.9x3.8x
Sun, 13 Aug 2023R$20.0bR$5.6bR$490.4m34.2x40.8x3.6x
Tue, 11 Jul 2023R$22.0bR$5.4bR$515.9m35.8x42.6x4.1x
Thu, 08 Jun 2023R$21.4bR$5.4bR$515.9m35.4x41.5x4x
Sat, 06 May 2023R$19.0bR$5.2bR$489.2m32.5x38.9x3.7x
Mon, 03 Apr 2023R$19.7bR$5.2bR$489.2m34.4x40.3x3.8x
Price to Earnings Ratio

40.3x


Total Market Cap: R$19.7bTotal Earnings: R$489.2mTotal Revenue: R$5.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Software Industry Price to Earnings3Y Average 36.2x202420252026
Current Industry PE
    There are only 2 companies in the Brazilian Software 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 Software industry have grown 17% per year over the last three years.
  • Revenues for these companies have grown 5.3% 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 Tech industry?

BR Market3.07%
Tech1.95%
Software1.96%
Systems Software1.97%
Application Software0.85%
Industry PE
  • Investors are most optimistic about the Systems Software industry even though it's trading below its 3-year average PE ratio of 34.7x.
    • Analysts expect its future annual earnings growth (20.4%) to be largely in line with prior year's earnings growth.
Forecasted Growth
  • Analysts are most optimistic on the Systems Software industry, expecting annual earnings growth of 20% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Systems Software industry is expected to see its earnings grow by 20% 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
TOTS3 TOTVSR$34.632.0%
+R$393.7m
3.7%PE25x
NGRD3 Neogrid ParticipaçõesR$29.500.9%
+R$2.2m
31.9%PS1x

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