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Brazilian (BOVESPA) Market Analysis & Valuation
UpdatedMar 03, 2025
DataAggregated Company Financials
Companies345
- 7D-3.4%
- 3M-4.5%
- 1Y-10.4%
- YTD1.5%
Over the last 7 days, the market has dropped 3.4%, driven by losses in the Financials and Energy sectors of 3.0% and 5.6%, respectively. The market has dropped 10% in the last year. As for the next few years, earnings are expected to grow by 16% per annum.
Market Valuation and Performance
Has the Brazilian Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 03 Mar 2025 | R$4.1t | R$4.6t | R$408.3b | 8.4x | 10.1x | 0.9x |
| Wed, 29 Jan 2025 | R$4.2t | R$4.6t | R$475.2b | 8.5x | 8.9x | 0.9x |
| Fri, 27 Dec 2024 | R$4.1t | R$4.6t | R$480.9b | 8.3x | 8.6x | 0.9x |
| Sun, 24 Nov 2024 | R$4.4t | R$4.6t | R$479.8b | 9.3x | 9.2x | 1x |
| Tue, 22 Oct 2024 | R$4.5t | R$4.4t | R$428.9b | 9.7x | 10.5x | 1x |
| Thu, 19 Sep 2024 | R$4.7t | R$4.4t | R$427.1b | 10.2x | 10.9x | 1.1x |
| Sat, 17 Aug 2024 | R$4.7t | R$4.4t | R$426.7b | 10.3x | 10.9x | 1x |
| Mon, 15 Jul 2024 | R$4.5t | R$4.3t | R$446.4b | 10x | 10x | 1x |
| Wed, 12 Jun 2024 | R$4.2t | R$4.4t | R$447.0b | 9.9x | 9.5x | 1x |
| Fri, 10 May 2024 | R$4.6t | R$4.4t | R$433.2b | 10.2x | 10.5x | 1x |
| Sun, 07 Apr 2024 | R$4.5t | R$4.3t | R$458.9b | 10.4x | 9.9x | 1x |
| Tue, 05 Mar 2024 | R$4.6t | R$4.3t | R$456.7b | 10.3x | 10x | 1.1x |
| Thu, 01 Feb 2024 | R$4.5t | R$4.3t | R$466.8b | 11.3x | 9.7x | 1x |
| Sat, 30 Dec 2023 | R$4.8t | R$4.4t | R$467.0b | 11.8x | 10.2x | 1.1x |
| Mon, 27 Nov 2023 | R$4.4t | R$4.4t | R$468.4b | 10.7x | 9.5x | 1x |
| Wed, 25 Oct 2023 | R$4.1t | R$4.5t | R$504.1b | 10.6x | 8.2x | 0.9x |
| Fri, 22 Sep 2023 | R$4.2t | R$4.5t | R$504.4b | 10.9x | 8.4x | 0.9x |
| Sun, 20 Aug 2023 | R$4.3t | R$4.5t | R$503.9b | 10.9x | 8.5x | 0.9x |
| Tue, 18 Jul 2023 | R$4.4t | R$4.6t | R$552.8b | 11.7x | 8x | 1x |
| Thu, 15 Jun 2023 | R$4.4t | R$4.6t | R$554.5b | 11.9x | 8x | 1x |
| Sat, 13 May 2023 | R$4.1t | R$4.6t | R$553.9b | 10.4x | 7.4x | 0.9x |
| Mon, 10 Apr 2023 | R$3.9t | R$4.6t | R$595.1b | 9.4x | 6.5x | 0.8x |
| Wed, 08 Mar 2023 | R$4.0t | R$4.6t | R$619.4b | 9.5x | 6.4x | 0.9x |
| Fri, 03 Feb 2023 | R$4.2t | R$4.5t | R$628.4b | 9.8x | 6.7x | 0.9x |
| Sun, 01 Jan 2023 | R$4.2t | R$4.5t | R$628.6b | 9.7x | 6.7x | 0.9x |
| Tue, 29 Nov 2022 | R$4.2t | R$4.5t | R$630.2b | 9.1x | 6.7x | 0.9x |
| Thu, 27 Oct 2022 | R$4.5t | R$4.4t | R$635.3b | 9.3x | 7x | 1x |
| Sat, 24 Sep 2022 | R$4.5t | R$4.4t | R$635.3b | 9.8x | 7.1x | 1x |
| Mon, 22 Aug 2022 | R$4.5t | R$4.4t | R$640.1b | 9.3x | 7x | 1x |
| Wed, 20 Jul 2022 | R$4.0t | R$4.2t | R$682.1b | 7.9x | 5.9x | 0.9x |
| Fri, 17 Jun 2022 | R$4.2t | R$4.2t | R$683.8b | 8.3x | 6.1x | 1x |
| Sun, 15 May 2022 | R$4.5t | R$4.1t | R$678.7b | 9x | 6.6x | 1.1x |
| Tue, 12 Apr 2022 | R$5.0t | R$4.0t | R$627.0b | 9.9x | 7.9x | 1.2x |
| Thu, 10 Mar 2022 | R$4.9t | R$3.9t | R$617.4b | 9.6x | 7.9x | 1.3x |
Price to Earnings Ratio
7.9x
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 10.1x which is higher than its 3-year average PE of 8.3x.
Past Earnings Growth
- The earnings for Brazilian listed companies have declined 13% per year over the last three years.
- Meanwhile revenues for these companies have grown 6.0% 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 Market | -3.36% | |
| Consumer Staples | 1.65% | |
| Information Technology | 0% | 0 |
| Financials | 0% | 0 |
| Health Care | 0% | 0 |
| Industrials | 0% | 0 |
| Utilities | -2.08% | |
| Financials | -3.04% | |
| Tech | -3.17% | |
| Real Estate | -3.47% | |
| Industrials | -3.84% | |
| Materials | -3.88% | |
| Energy | -5.62% | |
| Consumer Discretionary | -5.93% | |
| Healthcare | -6.89% | |
| Telecom | -7.15% | |
Sector PE
- Investors favour the Industrials sector the most for future growth, which is trading close to its 3-year average PE ratio of 24.5x.
- The market's confidence is likely because analysts are expecting annual earnings growth of 31.1%, which is higher than its past year's earnings growth of 3.9% per year.
- The Consumer Discretionary sector is the least preferred by investors for future growth, which is trading below its 3-year average of 29.1x.
Forecasted Growth
- Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 32% over the next 5 years.
- This is better than its past earnings decline of 3.2% per year.
- In contrast, the Utilities sector is expected to see its earnings decline by 3.2% 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 | Sector | |
|---|---|---|---|---|---|---|
| ABEV3 Ambev | R$12.22 | 10.8% +R$18.7b | -2.1% | PE13.3x | Consumer Staples | |
| EMBR3 Embraer | R$69.72 | 16.4% +R$7.2b | 158.2% | PE26.7x | Industrials | |
| PRIO3 Prio | R$38.17 | 3.9% +R$1.2b | -13.5% | PE6.5x | Energy | |
| JBSS3 JBS | R$30.99 | 1.3% +R$909.4m | 37.4% | PE9.4x | Consumer Staples | |
| BBSE3 BB Seguridade Participações | R$37.84 | 0.9% +R$679.4m | 15.0% | PE8.4x | Financials |
