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CYRE

Cyrela Brazil Realty Empreendimentos e Participações BOVESPA:CYRE3 Stock Report

Last Price

R$14.79

Market Cap

R$5.7b

7D

2.6%

1Y

-32.6%

Updated

21 May, 2022

Data

Company Financials +
CYRE3 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance2/6
Financial Health5/6
Dividends4/6

CYRE3 Stock Overview

Cyrela Brazil Realty S.A. Empreendimentos e Participações develops, constructs, sells, and services residential and commercial properties in Brazil.

Cyrela Brazil Realty Empreendimentos e Participações Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Cyrela Brazil Realty Empreendimentos e Participações
Historical stock prices
Current Share PriceR$14.79
52 Week HighR$26.54
52 Week LowR$13.16
Beta1.43
1 Month Change-3.46%
3 Month Change-8.93%
1 Year Change-32.62%
3 Year Change-9.71%
5 Year Change35.19%
Change since IPO248.00%

Recent News & Updates

Apr 15
Cyrela Brazil Realty Empreendimentos e Participações' (BVMF:CYRE3) Returns On Capital Are Heading Higher

Cyrela Brazil Realty Empreendimentos e Participações' (BVMF:CYRE3) Returns On Capital Are Heading Higher

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Mar 31
These 4 Measures Indicate That Cyrela Brazil Realty Empreendimentos e Participações (BVMF:CYRE3) Is Using Debt Reasonably Well

These 4 Measures Indicate That Cyrela Brazil Realty Empreendimentos e Participações (BVMF:CYRE3) Is Using Debt Reasonably Well

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

CYRE3BR Consumer DurablesBR Market
7D2.6%0.2%0.9%
1Y-32.6%-41.5%-19.5%

Return vs Industry: CYRE3 exceeded the BR Consumer Durables industry which returned -41.5% over the past year.

Return vs Market: CYRE3 underperformed the BR Market which returned -19.4% over the past year.

Price Volatility

Is CYRE3's price volatile compared to industry and market?
CYRE3 volatility
CYRE3 Average Weekly Movement6.5%
Consumer Durables Industry Average Movement7.5%
Market Average Movement6.4%
10% most volatile stocks in BR Market9.9%
10% least volatile stocks in BR Market2.9%

Stable Share Price: CYRE3 is not significantly more volatile than the rest of BR stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: CYRE3's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1962n/aEfraim Hornhttps://www.cyrela.com.br

Cyrela Brazil Realty S.A. Empreendimentos e Participações develops, constructs, sells, and services residential and commercial properties in Brazil. The company also engages in the leasing, management, and construction of properties; and the provision of consultancy services related to real estate.

Cyrela Brazil Realty Empreendimentos e Participações Fundamentals Summary

How do Cyrela Brazil Realty Empreendimentos e Participações's earnings and revenue compare to its market cap?
CYRE3 fundamental statistics
Market CapR$5.69b
Earnings (TTM)R$883.82m
Revenue (TTM)R$5.12b

6.4x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CYRE3 income statement (TTM)
RevenueR$5.12b
Cost of RevenueR$3.36b
Gross ProfitR$1.76b
Other ExpensesR$878.69m
EarningsR$883.82m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 12, 2022

Earnings per share (EPS)2.30
Gross Margin34.44%
Net Profit Margin17.27%
Debt/Equity Ratio52.2%

How did CYRE3 perform over the long term?

See historical performance and comparison

Dividends

17.9%

Current Dividend Yield

47%

Payout Ratio

Valuation

Is Cyrela Brazil Realty Empreendimentos e Participações undervalued compared to its fair value and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


38.2%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: CYRE3 (R$14.79) is trading below our estimate of fair value (R$23.94)

Significantly Below Fair Value: CYRE3 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: CYRE3 is good value based on its PE Ratio (6.4x) compared to the BR Consumer Durables industry average (6.5x).

PE vs Market: CYRE3 is good value based on its PE Ratio (6.4x) compared to the BR market (8.9x).


Price to Earnings Growth Ratio

PEG Ratio: CYRE3 is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: CYRE3 is overvalued based on its PB Ratio (0.9x) compared to the BR Consumer Durables industry average (0.8x).


Future Growth

How is Cyrela Brazil Realty Empreendimentos e Participações forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


10.3%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CYRE3's forecast earnings growth (10.3% per year) is above the savings rate (9.1%).

Earnings vs Market: CYRE3's earnings (10.3% per year) are forecast to grow faster than the BR market (5.8% per year).

High Growth Earnings: CYRE3's earnings are forecast to grow, but not significantly.

Revenue vs Market: CYRE3's revenue (7.2% per year) is forecast to grow faster than the BR market (6.1% per year).

High Growth Revenue: CYRE3's revenue (7.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CYRE3's Return on Equity is forecast to be low in 3 years time (17.2%).


Past Performance

How has Cyrela Brazil Realty Empreendimentos e Participações performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


61.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CYRE3 has high quality earnings.

Growing Profit Margin: CYRE3's current net profit margins (17.3%) are lower than last year (47.4%).


Past Earnings Growth Analysis

Earnings Trend: CYRE3's earnings have grown significantly by 61.6% per year over the past 5 years.

Accelerating Growth: CYRE3's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CYRE3 had negative earnings growth (-54.1%) over the past year, making it difficult to compare to the Consumer Durables industry average (15.3%).


Return on Equity

High ROE: CYRE3's Return on Equity (14%) is considered low.


Financial Health

How is Cyrela Brazil Realty Empreendimentos e Participações's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: CYRE3's short term assets (R$8.0B) exceed its short term liabilities (R$2.5B).

Long Term Liabilities: CYRE3's short term assets (R$8.0B) exceed its long term liabilities (R$4.7B).


Debt to Equity History and Analysis

Debt Level: CYRE3's net debt to equity ratio (21.3%) is considered satisfactory.

Reducing Debt: CYRE3's debt to equity ratio has reduced from 53.4% to 52.2% over the past 5 years.

Debt Coverage: CYRE3's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: CYRE3 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Cyrela Brazil Realty Empreendimentos e Participações's current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


17.90%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: CYRE3's dividend (17.9%) is higher than the bottom 25% of dividend payers in the BR market (1.37%).

High Dividend: CYRE3's dividend (17.9%) is in the top 25% of dividend payers in the BR market (6.52%)


Stability and Growth of Payments

Stable Dividend: CYRE3's dividend payments have been volatile in the past 10 years.

Growing Dividend: CYRE3's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (47.3%), CYRE3's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: CYRE3 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

4.1yrs

Average management tenure


CEO

Efraim Horn (41 yo)

8.08yrs

Tenure

Mr. Efraim Schmuel Horn serves as Co-President of Cyrela Brazil Realty S.A. Empreendimentos e Participações and has been its Member of Board of Executive Officers since April 28, 2014. Mr. Horn serves as V...


Leadership Team

Experienced Management: CYRE3's management team is considered experienced (4.1 years average tenure).


Board Members

Experienced Board: CYRE3's board of directors are seasoned and experienced ( 11.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Cyrela Brazil Realty S.A. Empreendimentos e Participações's employee growth, exchange listings and data sources


Key Information

  • Name: Cyrela Brazil Realty S.A. Empreendimentos e Participações
  • Ticker: CYRE3
  • Exchange: BOVESPA
  • Founded: 1962
  • Industry: Homebuilding
  • Sector: Consumer Durables
  • Implied Market Cap: R$5.687b
  • Shares outstanding: 384.50m
  • Website: https://www.cyrela.com.br

Number of Employees


Location

  • Cyrela Brazil Realty S.A. Empreendimentos e Participações
  • Rua do Rocio
  • 109 2nd Floor
  • São Paulo
  • São Paulo
  • 04552-000
  • Brazil

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/21 00:00
End of Day Share Price2022/05/20 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.