Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Brazilian (BOVESPA) Market Analysis & Valuation

UpdatedSep 15, 2024
DataAggregated Company Financials
Companies345
  • 7D0.03%
  • 3M11.9%
  • 1Y7.8%
  • YTD-1.1%

Over the last 7 days, the market has remained flat, although notably the Healthcare sector gained 3.4% in that time. Meanwhile, the market is actually up 7.8% over the past year. Looking forward, earnings are forecast to grow by 14% annually.

Trending IndustriesOil and GasRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 15 Sep 2024R$4.7tR$4.4tR$427.1b10.5x10.9x1.1x
Tue, 13 Aug 2024R$4.6tR$4.4tR$421.4b10.4x10.8x1x
Thu, 11 Jul 2024R$4.4tR$4.3tR$446.4b9.9x9.9x1x
Sat, 08 Jun 2024R$4.3tR$4.4tR$447.0b9.8x9.7x1x
Mon, 06 May 2024R$4.5tR$4.3tR$454.8b10.2x10x1x
Wed, 03 Apr 2024R$4.6tR$4.3tR$459.1b10.5x9.9x1x
Fri, 01 Mar 2024R$4.7tR$4.4tR$456.9b10.5x10.2x1.1x
Sun, 28 Jan 2024R$4.6tR$4.3tR$466.8b11.4x9.8x1.1x
Tue, 26 Dec 2023R$4.7tR$4.4tR$467.0b11.9x10.1x1.1x
Thu, 23 Nov 2023R$4.5tR$4.4tR$468.0b10.8x9.6x1x
Sat, 21 Oct 2023R$4.1tR$4.5tR$504.1b10.3x8.2x0.9x
Mon, 18 Sep 2023R$4.4tR$4.5tR$505.2b11.1x8.6x1x
Wed, 16 Aug 2023R$4.3tR$4.5tR$503.6b11.3x8.6x1x
Fri, 14 Jul 2023R$4.4tR$4.6tR$552.8b11.7x8x1x
Sun, 11 Jun 2023R$4.4tR$4.6tR$554.5b12x7.9x1x
Tue, 09 May 2023R$4.0tR$4.6tR$569.2b10.2x7.1x0.9x
Thu, 06 Apr 2023R$3.9tR$4.6tR$595.6b9.5x6.5x0.8x
Sat, 04 Mar 2023R$4.0tR$4.6tR$604.9b9.4x6.6x0.9x
Mon, 30 Jan 2023R$4.3tR$4.5tR$628.4b10x6.8x0.9x
Wed, 28 Dec 2022R$4.1tR$4.5tR$628.4b9.5x6.6x0.9x
Fri, 25 Nov 2022R$4.2tR$4.5tR$630.1b9.6x6.7x0.9x
Sun, 23 Oct 2022R$4.7tR$4.4tR$635.1b9.6x7.5x1.1x
Tue, 20 Sep 2022R$4.5tR$4.4tR$635.3b9.5x7.1x1x
Thu, 18 Aug 2022R$4.6tR$4.4tR$642.7b9.4x7.1x1x
Sat, 16 Jul 2022R$4.0tR$4.2tR$682.1b7.9x5.9x0.9x
Mon, 13 Jun 2022R$4.3tR$4.2tR$683.7b8.4x6.3x1x
Wed, 11 May 2022R$4.4tR$4.1tR$671.4b8.9x6.5x1.1x
Fri, 08 Apr 2022R$5.0tR$4.0tR$626.5b10.2x8x1.3x
Sun, 06 Mar 2022R$4.9tR$3.9tR$618.7b9.6x7.9x1.3x
Tue, 01 Feb 2022R$4.8tR$3.8tR$614.9b10.1x7.8x1.3x
Thu, 30 Dec 2021R$4.6tR$3.8tR$615.5b10.6x7.4x1.2x
Sat, 27 Nov 2021R$4.6tR$3.8tR$617.1b10.5x7.4x1.2x
Mon, 25 Oct 2021R$4.8tR$3.5tR$536.2b11.6x8.9x1.3x
Wed, 22 Sep 2021R$5.0tR$3.5tR$535.7b12.6x9.4x1.4x
Price to Earnings Ratio

9.4x


Total Market Cap: R$5.0tTotal Earnings: R$535.7bTotal Revenue: R$3.5tTotal Market Cap vs Earnings and Revenue0%0%0%
Brazilian Market Price to Earnings3Y Average 8.1x202220232024
Current Market PE
  • Investors are optimistic on the Brazilian market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 10.9x which is higher than its 3-year average PE of 8.1x.
Past Earnings Growth
  • The earnings for Brazilian listed companies have declined 7.3% per year over the last three years.
  • Meanwhile revenues for these companies have grown 7.8% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Sector Trends

Which sectors have driven the changes within the Brazilian Market?

BR Market0.031%
Healthcare3.38%
Materials2.73%
Tech2.67%
Consumer Discretionary2.17%
Industrials1.82%
Real Estate1.00%
Information Technology0%
Financials0%
Health Care0%
Industrials0%
Telecom-0.12%
Financials-0.50%
Utilities-0.52%
Energy-1.84%
Consumer Staples-2.20%
Sector PE
  • Investors favour the Tech sector the most for future growth, which is trading above its 3-year average PE ratio of 26.5x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 26.6%, which is higher than its past year's earnings growth of 13.4% per year.
  • 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 3.9x.
Forecasted Growth
  • Analysts are most optimistic on the Tech sector, expecting annual earnings growth of 27% over the next 5 years.
  • This is better than its past earnings growth rate of 13% per year.
  • In contrast, the Materials sector is expected to see its earnings grow by 4.0% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
VALE3 ValeR$58.503.2%
+R$7.8b		-15.9%PE5.1xMaterials
RDOR3 Rede D'Or São LuizR$34.764.2%
+R$3.2b		20.8%PE24.2xHealthcare
WEGE3 WEGR$53.621.4%
+R$3.1b		48.5%PE38.6xIndustrials
EMBR3 EmbraerR$51.938.6%
+R$3.0b		193.1%PE20xIndustrials
CMIN3 CSN MineraçãoR$6.647.4%
+R$2.5b		47.9%PE7.9xMaterials
See more
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Market Insights

Header cover image

🇺🇸 The US Market’s ‘Exceptionalism’ Premium

Richard Bowman avatar
Richard Bowman
|
|

5 comments

You have probably noticed that US market volatility has increased. There are also several indications that the economy may be entering a recession at a time...

Continue reading

Competition Is Heating Up For Tesla In The Robotaxi Market
Last Week

Competition Is Heating Up For Tesla In The Robotaxi Market

Latest News

LREN3

R$18.94

Lojas Renner

7D

6.9%

1Y

21.6%

Is Now The Time To Look At Buying Lojas Renner S.A. (BVMF:LREN3)?

Sep 13
Is Now The Time To Look At Buying Lojas Renner S.A. (BVMF:LREN3)?

WEGE3

R$53.62

WEG

7D

1.4%

1Y

48.5%

These 4 Measures Indicate That WEG (BVMF:WEGE3) Is Using Debt Reasonably Well

Sep 09
These 4 Measures Indicate That WEG (BVMF:WEGE3) Is Using Debt Reasonably Well

RDOR3

R$34.76

Rede D'Or São Luiz

7D

4.2%

1Y

20.8%

Should You Think About Buying Rede D'Or São Luiz S.A. (BVMF:RDOR3) Now?

Sep 08
Should You Think About Buying Rede D'Or São Luiz S.A. (BVMF:RDOR3) Now?

CMIN3

R$6.64

CSN Mineração

7D

7.4%

1Y

47.9%

There's No Escaping CSN Mineração S.A.'s (BVMF:CMIN3) Muted Earnings Despite A 28% Share Price Rise

Sep 07
There's No Escaping CSN Mineração S.A.'s (BVMF:CMIN3) Muted Earnings Despite A 28% Share Price Rise

EMBR3

R$51.93

Embraer

7D

8.6%

1Y

193.1%

Embraer S.A. (BVMF:EMBR3) Stock Rockets 28% But Many Are Still Ignoring The Company

Sep 05
Embraer S.A. (BVMF:EMBR3) Stock Rockets 28% But Many Are Still Ignoring The Company

JBSS3

R$33.06

JBS

7D

-3.7%

1Y

74.7%

Here's What To Make Of JBS' (BVMF:JBSS3) Decelerating Rates Of Return

Sep 02
Here's What To Make Of JBS' (BVMF:JBSS3) Decelerating Rates Of Return

BBAS3

R$28.42

Banco do Brasil

7D

-1.2%

1Y

19.5%

Banco do Brasil's (BVMF:BBAS3) Dividend Will Be R$0.1866

Sep 01
Banco do Brasil's (BVMF:BBAS3) Dividend Will Be R$0.1866

VALE3

R$58.50

Vale

7D

3.2%

1Y

-15.9%

ABEV3

R$12.73

Ambev

7D

-2.0%

1Y

-5.1%

Ambev (BVMF:ABEV3) Could Easily Take On More Debt

Aug 21
Ambev (BVMF:ABEV3) Could Easily Take On More Debt

ENGI3

R$14.42

Energisa

7D

-3.0%

1Y

-6.6%

RENT3

R$44.20

Localiza Rent a Car

7D

5.2%

1Y

-26.7%

Localiza Rent a Car S.A. (BVMF:RENT3) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

Aug 16
Localiza Rent a Car S.A. (BVMF:RENT3) Just Released Its Second-Quarter Earnings: Here's What Analysts Think

MULT3

R$27.52

Multiplan Empreendimentos Imobiliários

7D

6.1%

1Y

9.2%

Multiplan Empreendimentos Imobiliários (BVMF:MULT3) Has A Pretty Healthy Balance Sheet

Aug 15
Multiplan Empreendimentos Imobiliários (BVMF:MULT3) Has A Pretty Healthy Balance Sheet

CXSE3

R$15.01

Caixa Seguridade Participações

7D

-5.3%

1Y

30.6%

BBSE3

R$36.19

BB Seguridade Participações

7D

-1.4%

1Y

14.4%

RADL3

R$26.70

Raia Drogasil

7D

-2.7%

1Y

-3.2%

Raia Drogasil S.A. Just Missed Earnings - But Analysts Have Updated Their Models

Aug 10
Raia Drogasil S.A. Just Missed Earnings - But Analysts Have Updated Their Models

GMAT3

R$7.47

Grupo Mateus

7D

-7.5%

1Y

0.7%