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EZTC

EZTEC Empreendimentos e Participações BOVESPA:EZTC3 Stock Report

Last Price

R$17.69

Market Cap

R$3.9b

7D

2.1%

1Y

-40.0%

Updated

24 May, 2022

Data

Company Financials +
EZTC3 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance2/6
Financial Health6/6
Dividends3/6

EZTC3 Stock Overview

EZTEC Empreendimentos e Participações S.A.

EZTEC Empreendimentos e Participações Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for EZTEC Empreendimentos e Participações
Historical stock prices
Current Share PriceR$17.69
52 Week HighR$34.84
52 Week LowR$15.25
Beta0.86
1 Month Change8.13%
3 Month Change-3.96%
1 Year Change-40.03%
3 Year Change-14.75%
5 Year Change18.34%
Change since IPO129.66%

Recent News & Updates

May 17
Is EZTEC Empreendimentos e Participações (BVMF:EZTC3) A Risky Investment?

Is EZTEC Empreendimentos e Participações (BVMF:EZTC3) A Risky Investment?

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

Shareholder Returns

EZTC3BR Consumer DurablesBR Market
7D2.1%-0.1%1.7%
1Y-40.0%-40.8%-19.1%

Return vs Industry: EZTC3 exceeded the BR Consumer Durables industry which returned -41.5% over the past year.

Return vs Market: EZTC3 underperformed the BR Market which returned -19.5% over the past year.

Price Volatility

Is EZTC3's price volatile compared to industry and market?
EZTC3 volatility
EZTC3 Average Weekly Movement6.6%
Consumer Durables Industry Average Movement7.6%
Market Average Movement6.4%
10% most volatile stocks in BR Market9.8%
10% least volatile stocks in BR Market2.9%

Stable Share Price: EZTC3 is not significantly more volatile than the rest of BR stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: EZTC3's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a2,182Marcelo Zarzurhttps://www.eztec.com.br

EZTEC Empreendimentos e Participações S.A. operates in the property development and construction sector in Brazil. The company undertakes residential and office projects. It has built and under construction area of 4.3 million square meters.

EZTEC Empreendimentos e Participações Fundamentals Summary

How do EZTEC Empreendimentos e Participações's earnings and revenue compare to its market cap?
EZTC3 fundamental statistics
Market CapR$3.93b
Earnings (TTM)R$461.87m
Revenue (TTM)R$1.05b

8.5x

P/E Ratio

3.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EZTC3 income statement (TTM)
RevenueR$1.05b
Cost of RevenueR$578.91m
Gross ProfitR$471.15m
Other ExpensesR$9.28m
EarningsR$461.87m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)2.08
Gross Margin44.87%
Net Profit Margin43.98%
Debt/Equity Ratio0.9%

How did EZTC3 perform over the long term?

See historical performance and comparison

Dividends

2.6%

Current Dividend Yield

24%

Payout Ratio

Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


42.7%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: EZTC3 (R$17.69) is trading below our estimate of fair value (R$30.87)

Significantly Below Fair Value: EZTC3 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: EZTC3 is poor value based on its PE Ratio (8.5x) compared to the BR Consumer Durables industry average (6.5x).

PE vs Market: EZTC3 is good value based on its PE Ratio (8.5x) compared to the BR market (8.8x).


Price to Earnings Growth Ratio

PEG Ratio: EZTC3 is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: EZTC3 is overvalued based on its PB Ratio (0.9x) compared to the BR Consumer Durables industry average (0.8x).


Future Growth

How is EZTEC 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


10.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EZTC3's forecast earnings growth (10% per year) is above the savings rate (9.1%).

Earnings vs Market: EZTC3's earnings (10% per year) are forecast to grow faster than the BR market (6.1% per year).

High Growth Earnings: EZTC3's earnings are forecast to grow, but not significantly.

Revenue vs Market: EZTC3's revenue (13.4% per year) is forecast to grow faster than the BR market (6.1% per year).

High Growth Revenue: EZTC3's revenue (13.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: EZTC3's Return on Equity is forecast to be low in 3 years time (12.9%).


Past Performance

How has EZTEC 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


16.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: EZTC3 has high quality earnings.

Growing Profit Margin: EZTC3's current net profit margins (44%) are lower than last year (45.4%).


Past Earnings Growth Analysis

Earnings Trend: EZTC3's earnings have grown by 16.6% per year over the past 5 years.

Accelerating Growth: EZTC3's earnings growth over the past year (15.3%) is below its 5-year average (16.6% per year).

Earnings vs Industry: EZTC3 earnings growth over the past year (15.3%) underperformed the Consumer Durables industry 15.3%.


Return on Equity

High ROE: EZTC3's Return on Equity (10.9%) is considered low.


Financial Health

How is EZTEC Empreendimentos e Participações's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: EZTC3's short term assets (R$2.2B) exceed its short term liabilities (R$360.1M).

Long Term Liabilities: EZTC3's short term assets (R$2.2B) exceed its long term liabilities (R$233.3M).


Debt to Equity History and Analysis

Debt Level: EZTC3 has more cash than its total debt.

Reducing Debt: EZTC3's debt to equity ratio has reduced from 12.8% to 0.9% over the past 5 years.

Debt Coverage: EZTC3's debt is well covered by operating cash flow (135.1%).

Interest Coverage: EZTC3 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


2.60%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: EZTC3's dividend (2.6%) is higher than the bottom 25% of dividend payers in the BR market (1.38%).

High Dividend: EZTC3's dividend (2.6%) is low compared to the top 25% of dividend payers in the BR market (6.55%).


Stability and Growth of Payments

Stable Dividend: EZTC3's dividend payments have been volatile in the past 10 years.

Growing Dividend: EZTC3's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (24.2%), EZTC3's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (687.1%), EZTC3's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Management

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

13.9yrs

Average management tenure


CEO

Marcelo Zarzur (58 yo)

15yrs

Tenure

Mr. Marcelo Ernesto Zarzur serves as the Chief Operating Officer of EZTEC Empreendimentos e Participações S/A since May 03, 2007 and serves as its Chief Executive Officer since May, 5 2021 and had been its...


Leadership Team

Experienced Management: EZTC3's management team is seasoned and experienced (13.9 years average tenure).


Board Members

Experienced Board: EZTC3's board of directors are considered experienced (6.6 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

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


Key Information

  • Name: EZTEC Empreendimentos e Participações S.A.
  • Ticker: EZTC3
  • Exchange: BOVESPA
  • Founded: NaN
  • Industry: Homebuilding
  • Sector: Consumer Durables
  • Implied Market Cap: R$3.927b
  • Shares outstanding: 221.96m
  • Website: https://www.eztec.com.br

Number of Employees


Location

  • EZTEC Empreendimentos e Participações S.A.
  • Av. Republic of libano, 1,921
  • Ibirapuera
  • São Paulo
  • São Paulo
  • 04501-002
  • Brazil

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/24 00:00
End of Day Share Price2022/05/23 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.