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MRVE

MRV Engenharia e Participações BOVESPA:MRVE3 Stock Report

Last Price

R$9.52

Market Cap

R$4.6b

7D

-2.0%

1Y

-46.5%

Updated

19 May, 2022

Data

Company Financials +
MRVE3 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance4/6
Financial Health2/6
Dividends3/6

MRVE3 Stock Overview

MRV Engenharia e Participações S.A., together with its subsidiaries, operates as a real estate developer and homebuilder in Brazil and the United States.

MRV Engenharia e Participações Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for MRV Engenharia e Participações
Historical stock prices
Current Share PriceR$9.52
52 Week HighR$18.22
52 Week LowR$9.29
Beta1.22
1 Month Change-14.00%
3 Month Change-25.57%
1 Year Change-46.46%
3 Year Change-40.35%
5 Year Change-28.69%
Change since IPO-7.87%

Recent News & Updates

May 03
These 4 Measures Indicate That MRV Engenharia e Participações (BVMF:MRVE3) Is Using Debt In A Risky Way

These 4 Measures Indicate That MRV Engenharia e Participações (BVMF:MRVE3) Is Using Debt In A Risky Way

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Mar 27
Is It Too Late To Consider Buying MRV Engenharia e Participações S.A. (BVMF:MRVE3)?

Is It Too Late To Consider Buying MRV Engenharia e Participações S.A. (BVMF:MRVE3)?

MRV Engenharia e Participações S.A. ( BVMF:MRVE3 ), might not be a large cap stock, but it saw a significant share...

Feb 06
Be Wary Of MRV Engenharia e Participações (BVMF:MRVE3) And Its Returns On Capital

Be Wary Of MRV Engenharia e Participações (BVMF:MRVE3) And Its Returns On Capital

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Amongst other things, we'll want to...

Shareholder Returns

MRVE3BR Consumer DurablesBR Market
7D-2.0%1.4%1.9%
1Y-46.5%-44.8%-20.5%

Return vs Industry: MRVE3 underperformed the BR Consumer Durables industry which returned -44.8% over the past year.

Return vs Market: MRVE3 underperformed the BR Market which returned -20.5% over the past year.

Price Volatility

Is MRVE3's price volatile compared to industry and market?
MRVE3 volatility
MRVE3 Average Weekly Movement8.1%
Consumer Durables Industry Average Movement7.5%
Market Average Movement6.4%
10% most volatile stocks in BR Market9.9%
10% least volatile stocks in BR Market3.0%

Stable Share Price: MRVE3 is more volatile than 75% of BR stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: MRVE3's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of BR stocks.

About the Company

FoundedEmployeesCEOWebsite
1979n/aRafael Menin Teixeira de Souzahttps://www.mrv.com.br

MRV Engenharia e Participações S.A., together with its subsidiaries, operates as a real estate developer and homebuilder in Brazil and the United States. It offers housing solution platform for the apartments, urbanized properties, and rental units. The company also focuses on the development of projects for residential leasing; and sale of the projects leased to an investment fund.

MRV Engenharia e Participações Fundamentals Summary

How do MRV Engenharia e Participações's earnings and revenue compare to its market cap?
MRVE3 fundamental statistics
Market CapR$4.64b
Earnings (TTM)R$739.57m
Revenue (TTM)R$7.20b

6.2x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MRVE3 income statement (TTM)
RevenueR$7.20b
Cost of RevenueR$5.47b
Gross ProfitR$1.73b
Other ExpensesR$988.37m
EarningsR$739.57m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 10, 2022

Earnings per share (EPS)1.53
Gross Margin24.01%
Net Profit Margin10.28%
Debt/Equity Ratio93.8%

How did MRVE3 perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

24%

Payout Ratio

Valuation

Is MRV Engenharia e Participações undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


6.22x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: MRVE3 (R$9.52) is trading above our estimate of fair value (R$8.41)

Significantly Below Fair Value: MRVE3 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: MRVE3 is good value based on its PE Ratio (6.2x) compared to the BR Consumer Durables industry average (6.7x).

PE vs Market: MRVE3 is good value based on its PE Ratio (6.2x) compared to the BR market (8.9x).


Price to Earnings Growth Ratio

PEG Ratio: MRVE3 is good value based on its PEG Ratio (0.5x)


Price to Book Ratio

PB vs Industry: MRVE3's PB Ratio (0.8x) is in line with the BR Consumer Durables industry average.


Future Growth

How is MRV Engenharia e Participações forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


12.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MRVE3's forecast earnings growth (12.6% per year) is above the savings rate (9.1%).

Earnings vs Market: MRVE3's earnings (12.6% per year) are forecast to grow faster than the BR market (5.9% per year).

High Growth Earnings: MRVE3's earnings are forecast to grow, but not significantly.

Revenue vs Market: MRVE3's revenue (2.5% per year) is forecast to grow slower than the BR market (6.2% per year).

High Growth Revenue: MRVE3's revenue (2.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MRVE3's Return on Equity is forecast to be low in 3 years time (13.3%).


Past Performance

How has MRV Engenharia e Participações performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


1.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MRVE3 has a large one-off gain of R$588.1M impacting its March 31 2022 financial results.

Growing Profit Margin: MRVE3's current net profit margins (10.3%) are higher than last year (8.6%).


Past Earnings Growth Analysis

Earnings Trend: MRVE3's earnings have grown by 1.6% per year over the past 5 years.

Accelerating Growth: MRVE3's earnings growth over the past year (27%) exceeds its 5-year average (1.6% per year).

Earnings vs Industry: MRVE3 earnings growth over the past year (27%) exceeded the Consumer Durables industry 15.3%.


Return on Equity

High ROE: MRVE3's Return on Equity (12.7%) is considered low.


Financial Health

How is MRV Engenharia e Participações's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MRVE3's short term assets (R$10.0B) exceed its short term liabilities (R$3.7B).

Long Term Liabilities: MRVE3's short term assets (R$10.0B) do not cover its long term liabilities (R$10.6B).


Debt to Equity History and Analysis

Debt Level: MRVE3's net debt to equity ratio (53%) is considered high.

Reducing Debt: MRVE3's debt to equity ratio has increased from 60.6% to 93.8% over the past 5 years.

Debt Coverage: MRVE3's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: MRVE3's interest payments on its debt are well covered by EBIT (18.7x coverage).


Balance Sheet


Dividend

What is MRV Engenharia 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


4.16%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: MRVE3's dividend (4.16%) is higher than the bottom 25% of dividend payers in the BR market (1.4%).

High Dividend: MRVE3's dividend (4.16%) is low compared to the top 25% of dividend payers in the BR market (6.61%).


Stability and Growth of Payments

Stable Dividend: MRVE3's dividend payments have been volatile in the past 10 years.

Growing Dividend: MRVE3's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (23.7%), MRVE3's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: MRVE3 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?

3.2yrs

Average management tenure


CEO

Rafael Menin Teixeira de Souza (41 yo)

8.17yrs

Tenure

Mr. Rafael Nazareth Menin Teixeira de Souza served as Director at MRV Engenharia e Participações S.A. from 2020 until 2021. He serves as Member of Executive Board at MRV Engenharia e Participações S.A. He...


Leadership Team

Experienced Management: MRVE3's management team is considered experienced (3.2 years average tenure).


Board Members

Experienced Board: MRVE3's board of directors are considered experienced (5.1 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

MRV Engenharia e Participações S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: MRV Engenharia e Participações S.A.
  • Ticker: MRVE3
  • Exchange: BOVESPA
  • Founded: 1979
  • Industry: Homebuilding
  • Sector: Consumer Durables
  • Implied Market Cap: R$4.639b
  • Shares outstanding: 483.23m
  • Website: https://www.mrv.com.br

Number of Employees


Location

  • MRV Engenharia e Participações S.A.
  • Avenida Professor Mário Werneck, 621
  • Estoril
  • Belo Horizonte
  • Minas Gerais
  • 30455-610
  • Brazil

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/19 00:00
End of Day Share Price2022/05/19 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.