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VIVA

Vivara Participações BOVESPA:VIVA3 Stock Report

Last Price

R$24.24

Market Cap

R$5.7b

7D

-2.8%

1Y

-12.7%

Updated

24 May, 2022

Data

Company Financials +
VIVA3 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance5/6
Financial Health6/6
Dividends1/6

VIVA3 Stock Overview

Vivara Participações S.A. engages in the manufacture and sale of jewelry and other articles in Brazil.

Vivara Participações Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Vivara Participações
Historical stock prices
Current Share PriceR$24.24
52 Week HighR$35.08
52 Week LowR$20.85
Beta1.77
1 Month Change-8.25%
3 Month Change-9.52%
1 Year Change-12.71%
3 Year Changen/a
5 Year Changen/a
Change since IPO0.54%

Recent News & Updates

Shareholder Returns

VIVA3BR LuxuryBR Market
7D-2.8%-3.0%0.04%
1Y-12.7%-30.1%-19.7%

Return vs Industry: VIVA3 exceeded the BR Luxury industry which returned -29.6% over the past year.

Return vs Market: VIVA3 exceeded the BR Market which returned -19.1% over the past year.

Price Volatility

Is VIVA3's price volatile compared to industry and market?
VIVA3 volatility
VIVA3 Average Weekly Movement5.8%
Luxury Industry Average Movement6.3%
Market Average Movement6.3%
10% most volatile stocks in BR Market9.9%
10% least volatile stocks in BR Market3.0%

Stable Share Price: VIVA3 is not significantly more volatile than the rest of BR stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: VIVA3's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1962n/aPaulo Kruglenskyhttps://www.vivara.com.br

Vivara Participações S.A. engages in the manufacture and sale of jewelry and other articles in Brazil. It offers jewelry products, including rings, earrings, necklaces, chains, pendants, and bracelets. The company also provides various accessories, such as cufflinks, pens, belts, sunglasses, jewelry and watch cases, sets, notebooks, wallets, bags and backpacks, perfumers, and passport holders, as well as clocks and watches.

Vivara Participações Fundamentals Summary

How do Vivara Participações's earnings and revenue compare to its market cap?
VIVA3 fundamental statistics
Market CapR$5.72b
Earnings (TTM)R$340.50m
Revenue (TTM)R$1.59b

16.8x

P/E Ratio

3.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VIVA3 income statement (TTM)
RevenueR$1.59b
Cost of RevenueR$509.14m
Gross ProfitR$1.08b
Other ExpensesR$736.44m
EarningsR$340.50m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Aug 11, 2022

Earnings per share (EPS)1.44
Gross Margin67.90%
Net Profit Margin21.47%
Debt/Equity Ratio19.9%

How did VIVA3 perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

19%

Payout Ratio

Valuation

Is Vivara Participações undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


16.81x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: VIVA3 (R$24.24) is trading above our estimate of fair value (R$21.61)

Significantly Below Fair Value: VIVA3 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: VIVA3 is poor value based on its Price-To-Earnings Ratio (16.8x) compared to the BR Luxury industry average (8.8x).

PE vs Market: VIVA3 is poor value based on its Price-To-Earnings Ratio (16.8x) compared to the BR market (9x).


Price to Earnings Growth Ratio

PEG Ratio: VIVA3 is good value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: VIVA3 is overvalued based on its Price-To-Book Ratio (4x) compared to the BR Luxury industry average (1.2x).


Future Growth

How is Vivara Participações forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


17.1%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VIVA3's forecast earnings growth (17.1% per year) is above the savings rate (9.1%).

Earnings vs Market: VIVA3's earnings (17.1% per year) are forecast to grow faster than the BR market (6% per year).

High Growth Earnings: VIVA3's earnings are forecast to grow, but not significantly.

Revenue vs Market: VIVA3's revenue (16.7% per year) is forecast to grow faster than the BR market (6.1% per year).

High Growth Revenue: VIVA3's revenue (16.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: VIVA3's Return on Equity is forecast to be high in 3 years time (24.4%)


Past Performance

How has Vivara Participações performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


1.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: VIVA3 has a high level of non-cash earnings.

Growing Profit Margin: VIVA3's current net profit margins (21.5%) are higher than last year (12.4%).


Past Earnings Growth Analysis

Earnings Trend: VIVA3's earnings have grown by 1.7% per year over the past 5 years.

Accelerating Growth: VIVA3's earnings growth over the past year (158.8%) exceeds its 5-year average (1.7% per year).

Earnings vs Industry: VIVA3 earnings growth over the past year (158.8%) exceeded the Luxury industry 112.5%.


Return on Equity

High ROE: VIVA3's Return on Equity (23.7%) is considered high.


Financial Health

How is Vivara 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: VIVA3's short term assets (R$1.5B) exceed its short term liabilities (R$612.7M).

Long Term Liabilities: VIVA3's short term assets (R$1.5B) exceed its long term liabilities (R$481.6M).


Debt to Equity History and Analysis

Debt Level: VIVA3 has more cash than its total debt.

Reducing Debt: VIVA3's debt to equity ratio has reduced from 141.5% to 19.9% over the past 5 years.

Debt Coverage: VIVA3's debt is well covered by operating cash flow (57.9%).

Interest Coverage: VIVA3's interest payments on its debt are well covered by EBIT (13.3x coverage).


Balance Sheet


Dividend

What is Vivara Participações's current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.14%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: VIVA3's dividend (1.14%) isn’t notable compared to the bottom 25% of dividend payers in the BR market (1.39%).

High Dividend: VIVA3's dividend (1.14%) is low compared to the top 25% of dividend payers in the BR market (6.54%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, VIVA3 has been paying a dividend for less than 10 years.

Growing Dividend: VIVA3's dividend payments have increased, but the company has only paid a dividend for 2 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (19.1%), VIVA3's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (129.1%), VIVA3'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?

2.0yrs

Average management tenure


CEO

Paulo Kruglensky (40 yo)

2.75yrs

Tenure

Mr. Paulo Kruglensky serves as the Chief Executive Officer and Operations Officer of Vivara Participações S.A since 201. He was Vice President of Operations at Vivara Participações S.A. (formerly known as...


Leadership Team

Experienced Management: VIVA3's management team is considered experienced (2 years average tenure).


Board Members

Experienced Board: VIVA3's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


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

Vivara Participações S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Vivara Participações S.A.
  • Ticker: VIVA3
  • Exchange: BOVESPA
  • Founded: 1962
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Implied Market Cap: R$5.724b
  • Shares outstanding: 236.13m
  • Website: https://www.vivara.com.br

Number of Employees


Location

  • Vivara Participações S.A.
  • 105, Arquiteto Olavo Redig de Campos Str
  • 15 floor
  • São Paulo
  • São Paulo
  • 04709-000
  • Brazil

Listings


Company Analysis and Financial Data Status

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