| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 1/6 |
| Past Performance | 3/6 |
| Financial Health | 4/6 |
| Dividends | 4/6 |
B3SA3 Stock Overview
B3 S.A. - Brasil, Bolsa, Balcão, a financial market infrastructure company, provides trading services in an exchange and OTC environment.
B3 - Brasil Bolsa Balcão Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | R$13.04 |
| 52 Week High | R$21.37 |
| 52 Week Low | R$10.58 |
| Beta | 0.83 |
| 1 Month Change | 14.59% |
| 3 Month Change | 7.32% |
| 1 Year Change | -33.18% |
| 3 Year Change | 21.38% |
| 5 Year Change | 115.06% |
| Change since IPO | 60.33% |
Recent News & Updates
Shareholder Returns
| B3SA3 | BR Capital Markets | BR Market | |
|---|---|---|---|
| 7D | 5.5% | 9.6% | 0.9% |
| 1Y | -33.2% | -15.7% | -17.4% |
Return vs Industry: B3SA3 underperformed the BR Capital Markets industry which returned -13.6% over the past year.
Return vs Market: B3SA3 underperformed the BR Market which returned -16% over the past year.
Price Volatility
| B3SA3 volatility | |
|---|---|
| B3SA3 Average Weekly Movement | 5.9% |
| Capital Markets Industry Average Movement | 6.9% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in BR Market | 10.7% |
| 10% least volatile stocks in BR Market | 3.5% |
Stable Share Price: B3SA3 is not significantly more volatile than the rest of BR stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: B3SA3's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2007 | n/a | Gilson Finkelsztain | https://www.b3.com.br |
B3 S.A. - Brasil, Bolsa, Balcão, a financial market infrastructure company, provides trading services in an exchange and OTC environment. It operates through Listed; OTC; Infrastructure for Financing; and Technology, Data and Service segments. The company offers listed equities and securities for commodities, including anhydrous fuel ethanol, Arabica coffee 4/5 and 6/7, corn, crystal sugar, gold, hydrous ethanol, live cattle, and soybean; fixed income products, such as ETF and sovereign debt instruments; and exchange rates, interest rates, and equities, as well as collateral management products.
B3 - Brasil Bolsa Balcão Fundamentals Summary
| B3SA3 fundamental statistics | |
|---|---|
| Market Cap | R$82.83b |
| Earnings (TTM) | R$4.72b |
| Revenue (TTM) | R$9.46b |
16.8x
P/E Ratio8.4x
P/S RatioIs B3SA3 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| B3SA3 income statement (TTM) | |
|---|---|
| Revenue | R$9.46b |
| Cost of Revenue | R$277.28m |
| Gross Profit | R$9.18b |
| Expenses | R$4.46b |
| Earnings | R$4.72b |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Mar 17, 2022
| Earnings per share (EPS) | 0.78 |
| Gross Margin | 97.07% |
| Net Profit Margin | 49.92% |
| Debt/Equity Ratio | 64.6% |
How did B3SA3 perform over the long term?
See historical performance and comparisonDividends
5.5%
Current Dividend Yield11%
Payout RatioValuation
Is B3 - Brasil Bolsa Balcão undervalued compared to its fair value and its price relative to the market?
16.77x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: B3SA3 (R$13.04) is trading above our estimate of fair value (R$7.9)
Significantly Below Fair Value: B3SA3 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: B3SA3 is good value based on its PE Ratio (16.8x) compared to the BR Capital Markets industry average (23x).
PE vs Market: B3SA3 is poor value based on its PE Ratio (16.8x) compared to the BR market (9.7x).
Price to Earnings Growth Ratio
PEG Ratio: B3SA3 is poor value based on its PEG Ratio (3.2x)
Price to Book Ratio
PB vs Industry: B3SA3 is overvalued based on its PB Ratio (3.5x) compared to the BR Capital Markets industry average (2x).
Future Growth
How is B3 - Brasil Bolsa Balcão forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
5.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: B3SA3's forecast earnings growth (5.3% per year) is below the savings rate (9.1%).
Earnings vs Market: B3SA3's earnings (5.3% per year) are forecast to grow slower than the BR market (6.3% per year).
High Growth Earnings: B3SA3's earnings are forecast to grow, but not significantly.
Revenue vs Market: B3SA3's revenue (2.6% per year) is forecast to grow slower than the BR market (7.3% per year).
High Growth Revenue: B3SA3's revenue (2.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: B3SA3's Return on Equity is forecast to be high in 3 years time (24.2%)
Past Performance
How has B3 - Brasil Bolsa Balcão performed over the past 5 years?
30.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: B3SA3 has a high level of non-cash earnings.
Growing Profit Margin: B3SA3's current net profit margins (49.9%) are higher than last year (46.4%).
Past Earnings Growth Analysis
Earnings Trend: B3SA3's earnings have grown significantly by 30.9% per year over the past 5 years.
Accelerating Growth: B3SA3's earnings growth over the past year (24.7%) is below its 5-year average (30.9% per year).
Earnings vs Industry: B3SA3 earnings growth over the past year (24.7%) underperformed the Capital Markets industry 50.3%.
Return on Equity
High ROE: B3SA3's Return on Equity (20.9%) is considered high.
Financial Health
How is B3 - Brasil Bolsa Balcão's financial position?
Financial Position Analysis
Short Term Liabilities: B3SA3's short term assets (R$25.6B) exceed its short term liabilities (R$15.7B).
Long Term Liabilities: B3SA3's short term assets (R$25.6B) exceed its long term liabilities (R$16.6B).
Debt to Equity History and Analysis
Debt Level: B3SA3 has more cash than its total debt.
Reducing Debt: B3SA3's debt to equity ratio has increased from 12.5% to 64.6% over the past 5 years.
Debt Coverage: B3SA3's debt is not well covered by operating cash flow (8.1%).
Interest Coverage: B3SA3 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is B3 - Brasil Bolsa Balcão current dividend yield, its reliability and sustainability?
5.54%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: B3SA3's dividend (5.54%) is higher than the bottom 25% of dividend payers in the BR market (1.31%).
High Dividend: B3SA3's dividend (5.54%) is in the top 25% of dividend payers in the BR market (5.27%)
Stability and Growth of Payments
Stable Dividend: B3SA3's dividend payments have been volatile in the past 10 years.
Growing Dividend: B3SA3's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (11%), B3SA3's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: B3SA3's dividends in 3 years are not forecast to be well covered by earnings (96.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.0yrs
Average management tenure
CEO
Gilson Finkelsztain (49 yo)
4.67yrs
Tenure
Mr. Gilson Finkelsztain has been Chief Executive Officer at B3 S.A. - Brasil, Bolsa, Balcão since May 5, 2017 and serves as its President of Collegiate Board. Mr. Finkelsztain has been the Chief Executive...
Leadership Team
Experienced Management: B3SA3's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
Experienced Board: B3SA3's board of directors are not considered experienced ( 2.7 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
B3 S.A. - Brasil, Bolsa, Balcão's employee growth, exchange listings and data sources
Key Information
- Name: B3 S.A. - Brasil, Bolsa, Balcão
- Ticker: B3SA3
- Exchange: BOVESPA
- Founded: 2007
- Industry: Financial Exchanges and Data
- Sector: Diversified Financials
- Implied Market Cap: R$82.834b
- Shares outstanding: 6.07b
- Website: https://www.b3.com.br
Location
- B3 S.A. - Brasil, Bolsa, Balcão
- PraCa Antonio Prado, 48
- Rua XV de Novembro, 275
- São Paulo
- São Paulo
- 18970-020
- Brazil
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/24 22:55 |
| End of Day Share Price | 2022/01/24 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.