Tecnisa S.A., together with its subsidiaries, develops, constructs, and sells residential, commercial, industrial, and service real estate properties in Brazil. More Details
High growth potential with mediocre balance sheet.
Share Price & News
How has Tecnisa's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TCSA3 is more volatile than 90% of BR stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: TCSA3's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of BR stocks.
7 Day Return
BR Consumer Durables
1 Year Return
BR Consumer Durables
Return vs Industry: TCSA3 underperformed the BR Consumer Durables industry which returned 37.6% over the past year.
Return vs Market: TCSA3 underperformed the BR Market which returned 46.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Tecnisa's share price compared to the market and industry in the last 5 years?
Simply Wall St News
9 months ago | Simply Wall StReflecting on Tecnisa's (BVMF:TCSA3) Share Price Returns Over The Last Five Years
10 months ago | Simply Wall StThe Tecnisa S.A. (BVMF:TCSA3) Analysts Have Been Trimming Their Sales Forecasts
11 months ago | Simply Wall StTecnisa S.A.'s (BVMF:TCSA3) Path To Profitability
Is Tecnisa undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: TCSA3 (R$8.04) is trading above our estimate of fair value (R$1.39)
Significantly Below Fair Value: TCSA3 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TCSA3 is unprofitable, so we can't compare its PE Ratio to the BR Consumer Durables industry average.
PE vs Market: TCSA3 is unprofitable, so we can't compare its PE Ratio to the BR market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TCSA3's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TCSA3 is good value based on its PB Ratio (0.8x) compared to the BR Consumer Durables industry average (1.6x).
How is Tecnisa forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TCSA3 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (9.3%).
Earnings vs Market: TCSA3 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: TCSA3's is expected to become profitable in the next 3 years.
Revenue vs Market: TCSA3's revenue (27.1% per year) is forecast to grow faster than the BR market (8.5% per year).
High Growth Revenue: TCSA3's revenue (27.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TCSA3's Return on Equity is forecast to be low in 3 years time (17.5%).
How has Tecnisa performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TCSA3 is currently unprofitable.
Growing Profit Margin: TCSA3 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TCSA3 is unprofitable, and losses have increased over the past 5 years at a rate of 11% per year.
Accelerating Growth: Unable to compare TCSA3's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TCSA3 is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (6.6%).
Return on Equity
High ROE: TCSA3 has a negative Return on Equity (-21.09%), as it is currently unprofitable.
How is Tecnisa's financial position?
Financial Position Analysis
Short Term Liabilities: TCSA3's short term assets (R$704.4M) exceed its short term liabilities (R$299.9M).
Long Term Liabilities: TCSA3's short term assets (R$704.4M) exceed its long term liabilities (R$652.7M).
Debt to Equity History and Analysis
Debt Level: TCSA3's debt to equity ratio (65.6%) is considered high.
Reducing Debt: TCSA3's debt to equity ratio has reduced from 78.5% to 65.6% over the past 5 years.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: TCSA3 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TCSA3 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Tecnisa current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TCSA3's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TCSA3's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TCSA3's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TCSA3's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: TCSA3 is not paying a notable dividend for the BR market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TCSA3's dividend in 3 years as they are not forecast to pay a notable one for the BR market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Joseph Nigri (38 yo)
Mr. Joseph Meyer Nigri has been the Chief Executive Officer of Tecnisa S.A. since September 2017 and its Vice President of Executive Board since September 2012. Mr. Nigri served as Deputy Chief Executive O...
Experienced Management: TCSA3's management team is considered experienced (4 years average tenure).
Experienced Board: TCSA3's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Tecnisa S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Tecnisa S.A.
- Ticker: TCSA3
- Exchange: BOVESPA
- Founded: 1977
- Industry: Homebuilding
- Sector: Consumer Durables
- Market Cap: R$591.899m
- Shares outstanding: 73.62m
- Website: https://www.tecnisa.com.br
Number of Employees
- Tecnisa S.A.
- Avenida Brigadeiro Faria Lima, 3729
- 1st floor
- Sao Paulo
- São Paulo
Tecnisa S.A., together with its subsidiaries, develops, constructs, and sells residential, commercial, industrial, and service real estate properties in Brazil. The company was formerly known as Tecnisa En...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/09 23:38|
|End of Day Share Price||2021/05/07 00:00|
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.