Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Brazilian (BOVESPA) Market Analysis & Valuation

UpdatedAug 21, 2025
DataAggregated Company Financials
Companies347
  • 7D-1.3%
  • 3M-4.0%
  • 1Y-6.8%
  • YTD7.3%

Over the last 7 days, the market has dropped 1.3%, driven by a loss of 2.8% in the Financials sector. In the last 12 months the market is down 6.8%. As for the next few years, earnings are expected to grow by 12% per annum.

Trending IndustriesOil and GasRenewable Energy

Market Valuation and Performance

Has the Brazilian Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 21 Aug 2025R$4.3tR$4.2tR$443.5b8.4x9.6x1x
Sat, 19 Jul 2025R$4.2tR$4.2tR$404.5b8.8x10.5x1x
Mon, 16 Jun 2025R$4.4tR$4.2tR$406.4b9.2x10.8x1x
Wed, 14 May 2025R$4.6tR$4.7tR$426.0b9x10.7x1x
Fri, 11 Apr 2025R$4.2tR$4.7tR$403.0b8.3x10.4x0.9x
Sun, 09 Mar 2025R$4.2tR$4.6tR$410.5b8.3x10.2x0.9x
Tue, 04 Feb 2025R$4.3tR$4.6tR$475.2b8.6x9x0.9x
Thu, 02 Jan 2025R$4.1tR$4.6tR$480.6b8.2x8.5x0.9x
Sat, 30 Nov 2024R$4.3tR$4.6tR$483.1b8.8x8.9x0.9x
Mon, 28 Oct 2024R$4.5tR$4.4tR$432.1b9.7x10.4x1x
Wed, 25 Sep 2024R$4.6tR$4.4tR$427.9b9.9x10.7x1x
Fri, 23 Aug 2024R$4.7tR$4.4tR$430.4b10.2x10.9x1.1x
Sun, 21 Jul 2024R$4.4tR$4.3tR$446.2b9.9x10x1x
Tue, 18 Jun 2024R$4.2tR$4.3tR$446.3b9.5x9.4x1x
Thu, 16 May 2024R$4.5tR$4.4tR$443.9b10.4x10.1x1x
Sat, 13 Apr 2024R$4.5tR$4.3tR$460.4b10.4x9.8x1x
Mon, 11 Mar 2024R$4.6tR$4.3tR$448.6b10.3x10.1x1.1x
Wed, 07 Feb 2024R$4.6tR$4.3tR$467.6b10.2x9.9x1.1x
Fri, 05 Jan 2024R$4.7tR$4.3tR$467.4b11.5x10.1x1.1x
Sun, 03 Dec 2023R$4.5tR$4.4tR$468.0b11.2x9.7x1x
Tue, 31 Oct 2023R$4.1tR$4.5tR$488.2b10.2x8.3x0.9x
Thu, 28 Sep 2023R$4.2tR$4.5tR$504.4b10.6x8.3x0.9x
Sat, 26 Aug 2023R$4.3tR$4.5tR$504.4b11x8.6x1x
Mon, 24 Jul 2023R$4.5tR$4.6tR$553.3b11.9x8.1x1x
Wed, 21 Jun 2023R$4.5tR$4.6tR$554.3b11.8x8.1x1x
Fri, 19 May 2023R$4.1tR$4.6tR$563.5b10.3x7.3x0.9x
Sun, 16 Apr 2023R$4.0tR$4.6tR$595.3b10.1x6.8x0.9x
Tue, 14 Mar 2023R$4.0tR$4.6tR$615.8b9.6x6.4x0.9x
Thu, 09 Feb 2023R$4.2tR$4.5tR$625.7b9.8x6.7x0.9x
Sat, 07 Jan 2023R$4.1tR$4.5tR$628.9b9.4x6.6x0.9x
Mon, 05 Dec 2022R$4.4tR$4.6tR$628.7b9.4x6.9x1x
Wed, 02 Nov 2022R$4.7tR$4.4tR$640.0b9.8x7.3x1.1x
Fri, 30 Sep 2022R$4.3tR$4.4tR$635.3b9.2x6.8x1x
Sun, 28 Aug 2022R$4.5tR$4.4tR$638.7b9.6x7.1x1x
Price to Earnings Ratio

7.1x


Total Market Cap: R$4.5tTotal Earnings: R$638.7bTotal Revenue: R$4.4tTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Market Price to Earnings3Y Average 8.9x202320242025
Current Market PE
  • Investors are relatively neutral on the Brazilian market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 8.9x.
Past Earnings Growth
  • The earnings for Brazilian listed companies have declined 11% per year over the last three years.
  • Meanwhile revenues have been flat.
  • This means that either the cost of doing business or the level of investment back into businesses is increasing since sales have remained steady while profits have fallen.

Sector Trends

Which sectors have driven the changes within the Brazilian Market?

BR Market-1.31%
Telecom1.64%
Consumer Staples0.97%
Real Estate0.46%
Healthcare0.04%
Energy-0.21%
Tech-0.80%
Utilities-0.89%
Materials-1.13%
Consumer Discretionary-1.49%
Industrials-2.56%
Financials-2.78%
Sector PE
  • Investors favour the Healthcare sector the most for future growth, which is trading above its 3-year average PE ratio of 45.9x.
    • Analysts expect its future annual earnings growth (27.7%) to be largely in line with prior year's earnings growth.
    • The market's confidence could indicate that the market believes that analysts are underestimating future growth.
  • The Energy sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average of 5.4x.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 28% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Real Estate industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
ENGI3 EnergisaR$12.999.4%
+R$2.6b		-13.4%PE8.7xUtilities
VIVT3 Telefônica BrasilR$33.942.3%
+R$2.5b		30.6%PE18.8xTelecom
BRFS3 BRFR$19.835.1%
+R$1.5b		-22.9%PE8.9xConsumer Staples
ABEV3 AmbevR$12.100.7%
+R$1.2b		-6.9%PE12.8xConsumer Staples
AURE3 Auren EnergiaR$10.789.8%
+R$1.0b		-6.6%PS1xUtilities
See more

Market Insights

Header cover image
₿ Bitcoin ETFs: Success Comes With Risks
Michael Paige avatar
Michael Paige
|
|
This week, we’re going to look at the U.S. regulatory changes, how adoption has been trending, and one of the risks with the ETFs. If you want some exposure to Bitcoin, at the end, we’ll show you some different ways you can position your portfolio accordingly.
Continue reading
🤖 The Bull and Bear Thesis on AI’s Decade of Disruption
Last Week

🤖 The Bull and Bear Thesis on AI’s Decade of Disruption

Latest News

RAIL3
R$14.95
Rumo
7D
-6.8%
1Y
-36.1%
VIVT3
R$33.94
Telefônica Brasil
7D
2.3%
1Y
30.6%

We Think Telefônica Brasil (BVMF:VIVT3) Can Stay On Top Of Its Debt

Aug 20
We Think Telefônica Brasil (BVMF:VIVT3) Can Stay On Top Of Its Debt
EMBR3
R$76.10
Embraer
7D
-5.7%
1Y
65.4%
ABEV3
R$12.10
Ambev
7D
0.7%
1Y
-6.9%
BPAC11
R$43.02
Banco BTG Pactual
7D
-3.3%
1Y
19.1%
ENGI3
R$12.99
Energisa
7D
9.4%
1Y
-13.4%

Urban And Grid Investments Will Advance Brazilian Energy Despite Debt

Key Takeaways Diversification into value-added services and gas distribution strengthens revenue sources and leverages trends in electrification and renewables. Operational efficiencies, digitalization, and grid modernization efforts support margin improvement and position the company well for Brazil's evolving energy market.
BRFS3
R$19.83
BRF
7D
5.1%
1Y
-22.9%
MRFG3
R$22.66
Marfrig Global Foods
7D
5.5%
1Y
54.7%
WEGE3
R$36.07
WEG
7D
-1.2%
1Y
-33.5%

WEG (BVMF:WEGE3) Seems To Use Debt Rather Sparingly

Aug 13
WEG (BVMF:WEGE3) Seems To Use Debt Rather Sparingly
RDOR3
R$37.34
Rede D'Or São Luiz
7D
0.7%
1Y
15.6%

Analyst Estimates: Here's What Brokers Think Of Rede D'Or São Luiz S.A. (BVMF:RDOR3) After Its Second-Quarter Report

Aug 10
Analyst Estimates: Here's What Brokers Think Of Rede D'Or São Luiz S.A. (BVMF:RDOR3) After Its Second-Quarter Report
B3SA3
R$12.33
B3 - Brasil Bolsa Balcão
7D
-4.0%
1Y
-1.7%
AURE3
R$10.78
Auren Energia
7D
9.8%
1Y
-6.6%

Wind And Solar Expansion Will Fuel Clean Energy Future

Auren Energia’s consensus price target has been sharply reduced as analysts now expect revenue to decline rather than grow, while the company’s future P/E ratio has surged, reflecting weaker earnings prospects and leading to a lower fair value of R$10.79. What's in the News Auren Energia S.A. hosted an Analyst/Investor Day.
BBSE3
R$31.92
BB Seguridade Participações
7D
-9.6%
1Y
-11.2%
VALE3
R$53.00
Vale
7D
-0.8%
1Y
-9.2%

Some May Be Optimistic About Vale's (BVMF:VALE3) Earnings

Aug 07
Some May Be Optimistic About Vale's (BVMF:VALE3) Earnings
AMBP3
R$13.20
Ambipar Participações e Empreendimentos
7D
-8.1%
1Y
64.8%

Automation Concerns And ESG Trends Will Reshape Environmental Services

A marginal reduction in consensus revenue growth forecasts, with an unchanged discount rate, has coincided with a significant drop in the analyst price target for Ambipar Participações e Empreendimentos, now set at R$8.79. What's in the News Announced a 10-for-1 stock split effective August 2025.
ANCR11
R$375.00
Fundo de Investimento Imobiliário - FII Ancar IC
7D
10.6%
1Y
278.8%