Prio Valuation

Is PRIO3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

6/6

Valuation Score 6/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of PRIO3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
R$141.37
Fair Value
69.8% undervalued intrinsic discount
13
Number of Analysts

Below Fair Value: PRIO3 (R$42.76) is trading below our estimate of fair value (R$141.37)

Significantly Below Fair Value: PRIO3 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for PRIO3?

Key metric: As PRIO3 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for PRIO3. This is calculated by dividing PRIO3's market cap by their current earnings.
What is PRIO3's PE Ratio?
PE Ratio3.1x
EarningsR$11.33b
Market CapR$34.86b

Price to Earnings Ratio vs Peers

How does PRIO3's PE Ratio compare to its peers?

The above table shows the PE ratio for PRIO3 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.2x
BRAV3 Brava Energia
55.2x50.09%R$8.6b
RECV3 Petroreconcavo
7.2x10.71%R$4.0b
UGPA3 Ultrapar Participações
7.5x8.53%R$16.9b
CHRD Chord Energy
7x-6.45%US$6.1b
PRIO3 Prio
3.1x-7.61%R$34.9b

Price-To-Earnings vs Peers: PRIO3 is good value based on its Price-To-Earnings Ratio (3.1x) compared to the peer average (19.2x).


Price to Earnings Ratio vs Industry

How does PRIO3's PE Ratio compare vs other companies in the Global Oil and Gas Industry?

24 CompaniesPrice / EarningsEstimated GrowthMarket Cap
PRIO3 3.1xIndustry Avg. 11.6xNo. of Companies81PE0816243240+
24 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PRIO3 is good value based on its Price-To-Earnings Ratio (3.1x) compared to the Global Oil and Gas industry average (11.7x).


Price to Earnings Ratio vs Fair Ratio

What is PRIO3's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

PRIO3 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio3.1x
Fair PE Ratio7x

Price-To-Earnings vs Fair Ratio: PRIO3 is good value based on its Price-To-Earnings Ratio (3.1x) compared to the estimated Fair Price-To-Earnings Ratio (7x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst PRIO3 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentR$42.76
R$58.21
+36.13%
12.99%R$68.00R$45.00n/a13
Jul ’26R$41.80
R$58.06
+38.90%
13.53%R$68.00R$43.00n/a13
Jun ’26R$38.95
R$54.95
+41.08%
16.35%R$67.00R$40.00n/a14
May ’26R$33.71
R$55.40
+64.34%
15.87%R$68.00R$40.00n/a15
Apr ’26R$40.06
R$60.87
+51.96%
9.88%R$70.00R$47.60n/a15
Mar ’26R$38.17
R$61.69
+61.61%
10.87%R$72.00R$41.00n/a15
Feb ’26R$40.99
R$62.05
+51.39%
10.76%R$72.00R$41.00n/a15
Jan ’26R$40.15
R$62.89
+56.65%
10.93%R$72.00R$41.00n/a15
Dec ’25R$40.14
R$64.67
+61.11%
13.61%R$79.00R$41.00n/a14
Nov ’25R$39.85
R$65.14
+63.47%
13.56%R$79.00R$41.00n/a14
Oct ’25R$44.26
R$64.50
+45.73%
12.12%R$77.00R$45.00n/a14
Sep ’25R$46.84
R$63.88
+36.38%
12.61%R$77.00R$45.00n/a15
Aug ’25R$47.99
R$62.68
+30.61%
17.85%R$82.00R$34.70n/a15
Jul ’25R$45.10
R$62.82
+39.29%
18.84%R$82.00R$34.70R$41.8013
Jun ’25R$41.61
R$64.22
+54.34%
14.11%R$82.00R$45.90R$38.9513
May ’25R$48.00
R$65.23
+35.89%
14.79%R$81.00R$45.90R$33.7113
Apr ’25R$48.39
R$62.83
+29.84%
14.22%R$81.00R$45.90R$40.0613
Mar ’25R$44.35
R$63.57
+43.33%
14.04%R$81.00R$45.90R$38.1713
Feb ’25R$43.15
R$63.72
+47.67%
14.02%R$81.00R$45.90R$40.9913
Jan ’25R$46.05
R$62.97
+36.75%
12.55%R$81.00R$45.90R$40.1513
Dec ’24R$44.57
R$63.98
+43.55%
14.78%R$87.00R$45.90R$40.1413
Nov ’24R$48.07
R$62.93
+30.92%
14.57%R$87.00R$45.90R$39.8513
Oct ’24R$47.04
R$59.90
+27.34%
18.36%R$87.00R$44.20R$44.2613
Sep ’24R$46.95
R$59.73
+27.22%
17.56%R$87.00R$44.80R$46.8413
Aug ’24R$45.80
R$56.12
+22.54%
18.98%R$87.00R$40.00R$47.9914
Jul ’24R$37.08
R$55.12
+48.66%
19.40%R$87.00R$40.00R$45.1014
AnalystConsensusTarget
Consensus Narrative from 13 Analysts
R$58.21
Fair Value
26.5% undervalued intrinsic discount
13
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/22 16:16
End of Day Share Price 2025/07/21 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Prio S.A. is covered by 30 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andre FagundesBarclays
Felipe MattarBarclays
Caio RibeiroBofA Global Research