Minerva Future Growth

Future criteria checks 5/6

Minerva is forecast to grow earnings and revenue by 77.3% and 19.6% per annum respectively. EPS is expected to grow by 70.2% per annum. Return on equity is forecast to be 40.9% in 3 years.

Key information

77.3%

Earnings growth rate

70.2%

EPS growth rate

Food earnings growth	-13.1%
Revenue growth rate	19.6%
Future return on equity	40.9%
Analyst coverage	Good
Last updated	13 Dec 2024

Recent future growth updates

Minerva S.A. Just Missed Earnings - But Analysts Have Updated Their Models

Nov 10

Minerva S.A. Just Missed EPS By 35%: Here's What Analysts Think Will Happen Next

Aug 11

Recent updates

Minerva S.A. Just Missed Earnings - But Analysts Have Updated Their Models

Nov 10

A Piece Of The Puzzle Missing From Minerva S.A.'s (BVMF:BEEF3) 26% Share Price Climb

Aug 28

We Think You Can Look Beyond Minerva's (BVMF:BEEF3) Lackluster Earnings

Aug 14

Minerva S.A. Just Missed EPS By 35%: Here's What Analysts Think Will Happen Next

Aug 11

Earnings and Revenue Growth Forecasts

BOVESPA:BEEF3 - Analysts future estimates and past financials data (BRL Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	44,798	543	3,153	2,562	7
12/31/2025	43,114	535	2,535	1,951	10
12/31/2024	32,460	206	-4,038	970	9
9/30/2024	29,521	1	4,236	4,950	N/A
6/30/2024	28,087	71	3,473	4,249	N/A
3/31/2024	27,697	100	3,297	4,061	N/A
12/31/2023	26,892	421	1,983	2,697	N/A
9/30/2023	27,565	365	2,067	2,838	N/A
6/30/2023	28,935	351	1,984	2,759	N/A
3/31/2023	30,130	658	1,519	2,286	N/A
12/31/2022	30,978	653	2,321	3,135	N/A
9/30/2022	31,645	831	1,928	2,705	N/A
6/30/2022	30,575	762	1,265	2,007	N/A
3/31/2022	28,391	454	1,752	2,385	N/A
12/31/2021	26,965	599	2,090	2,595	N/A
9/30/2021	25,162	563	1,415	1,786	N/A
6/30/2021	22,931	549	2,005	2,329	N/A
3/31/2021	21,043	685	2,252	2,556	N/A
12/31/2020	19,406	697	2,869	3,224	N/A
9/30/2020	18,563	827	3,285	3,625	N/A
6/30/2020	17,937	686	3,355	3,625	N/A
3/31/2020	17,562	319	2,922	3,237	N/A
12/31/2019	17,123	16	1,511	1,758	N/A
9/30/2019	16,873	-320	1,630	1,857	N/A
6/30/2019	16,700	-369	1,097	1,308	N/A
3/31/2019	16,411	-1,181	1,214	1,382	N/A
12/31/2018	16,215	-1,265	1,141	1,330	N/A
9/30/2018	15,570	-1,486	643	877	N/A
6/30/2018	14,650	-1,268	N/A	1,048	N/A
3/31/2018	13,493	-398	N/A	621	N/A
12/31/2017	12,104	-281	N/A	550	N/A
9/30/2017	10,695	45	N/A	1,041	N/A
6/30/2017	9,811	6	N/A	311	N/A
3/31/2017	9,453	151	N/A	494	N/A
12/31/2016	9,649	195	N/A	582	N/A
9/30/2016	9,846	249	N/A	426	N/A
6/30/2016	9,700	-245	N/A	994	N/A
3/31/2016	9,706	-167	N/A	722	N/A
12/31/2015	9,525	-801	N/A	959	N/A
9/30/2015	8,898	-1,179	N/A	971	N/A
6/30/2015	8,316	-926	N/A	718	N/A
3/31/2015	7,745	-1,074	N/A	940	N/A
12/31/2014	6,987	-418	N/A	319	N/A
9/30/2014	6,304	-231	N/A	364	N/A
6/30/2014	5,993	-36	N/A	301	N/A
3/31/2014	5,659	-251	N/A	389	N/A
12/31/2013	5,457	-314	N/A	475	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BEEF3's forecast earnings growth (77.3% per year) is above the savings rate (10.4%).

Earnings vs Market: BEEF3's earnings (77.3% per year) are forecast to grow faster than the BR market (13% per year).

High Growth Earnings: BEEF3's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BEEF3's revenue (19.6% per year) is forecast to grow faster than the BR market (7.8% per year).

High Growth Revenue: BEEF3's revenue (19.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BEEF3's Return on Equity is forecast to be very high in 3 years time (40.9%).

Discover growth companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/19 17:36
End of Day Share Price	2024/12/19 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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 here.

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 .

Analyst Sources

Minerva S.A. is covered by 25 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Gabriel Vaz de Lima	Barclays
Mary Cleia da Silva	BB Banco de Investimento S.A.
Isabella Simonato	BofA Global Research

Minerva Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Minerva S.A. Just Missed Earnings - But Analysts Have Updated Their Models

Consensus EPS estimates increase by 11%

Minerva S.A. Just Missed EPS By 35%: Here's What Analysts Think Will Happen Next

Price target decreased by 9.1% to R$8.41

Consensus EPS estimates fall by 21%

Price target decreased by 9.9% to R$11.85

Recent updates

Minerva S.A. Just Missed Earnings - But Analysts Have Updated Their Models

Third quarter 2024 earnings: Revenues exceed analyst expectations

Consensus EPS estimates increase by 11%

Minerva S.A. (BOVESPA:BEEF3) completed the acquisition of Certain cattle and sheep slaughter units from Marfrig Global Foods S.A.

A Piece Of The Puzzle Missing From Minerva S.A.'s (BVMF:BEEF3) 26% Share Price Climb

We Think You Can Look Beyond Minerva's (BVMF:BEEF3) Lackluster Earnings

Minerva S.A. Just Missed EPS By 35%: Here's What Analysts Think Will Happen Next

Second quarter 2024 earnings: EPS misses analyst expectations

Price target decreased by 9.1% to R$8.41

New minor risk - Profit margin trend

New minor risk - Profit margin trend

Consensus EPS estimates fall by 21%

Full year 2023 earnings: EPS and revenues miss analyst expectations

Minerva S.A., Annual General Meeting, Apr 29, 2024

Is Minerva S.A. (BVMF:BEEF3) Potentially Undervalued?

Price target decreased by 9.9% to R$11.85

Investors Can Find Comfort In Minerva's (BVMF:BEEF3) Earnings Quality

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Consensus EPS estimates increase by 10%, revenue downgraded

Consensus EPS estimates fall by 15%

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Consensus EPS estimates fall by 19%

Is Now An Opportune Moment To Examine Minerva S.A. (BVMF:BEEF3)?

Price target decreased by 8.2% to R$13.70

Minerva S.A. (BOVESPA:BEEF3) agreed to acquire Minerva S.A. (BOVESPA:BEEF3) for BRL 7.5 billion.

Consensus EPS estimates fall by 25%

Minerva's (BVMF:BEEF3) Dividend Will Be Reduced To R$0.1943

New minor risk - Profit margin trend

Second quarter 2023 earnings: Revenues in line with analyst expectations

Minerva S.A. Announces Interim Dividend, Payable on August 23, 2023

Minerva (BVMF:BEEF3) Is Experiencing Growth In Returns On Capital

Minerva (BVMF:BEEF3) Has A Somewhat Strained Balance Sheet

First quarter 2023 earnings: EPS misses analyst expectations

Is Minerva S.A. (BVMF:BEEF3) Potentially Undervalued?

Consensus EPS estimates fall by 11%

Minerva Foods Declares Dividend

Consensus EPS estimates fall by 47%

Full year 2022 earnings released

Teys, Cargill Reportedly on Track to Offload Australian Abattoir Business

Now 21% undervalued after recent price drop

Minerva (BVMF:BEEF3) Has A Pretty Healthy Balance Sheet

Minerva (BVMF:BEEF3) Knows How To Allocate Capital Effectively

Consensus EPS estimates fall by 10%

Minerva S.A. (BOVESPA:BEEF3) entered into a non binding agreement to acquire Breeders & Packers Uruguay S.A from NH Foods Ltd. (TSE:2282).

Minerva Reportedly to Buy Uruguayan Meatpacker from NH Foods

Consensus forecasts updated

Less than half of directors are independent

Minerva Reportedly Hungry for Meat Venture

Third quarter 2022 earnings released

Is Minerva (BVMF:BEEF3) Using Too Much Debt?

Minerva S.A. to Report Q3, 2022 Results on Nov 09, 2022

What Does Minerva S.A.'s (BVMF:BEEF3) Share Price Indicate?

Australian Lamb Reportedly on the Menu for Minerva

Consensus EPS estimates increase by 33%

Minerva Foods Announces Dividend for the Second Quarter of 2022

Minerva S.A. to Report Q2, 2022 Results on Aug 10, 2022

Does Minerva (BVMF:BEEF3) Have A Healthy Balance Sheet?

At R$14.18, Is Minerva S.A. (BVMF:BEEF3) Worth Looking At Closely?

Under The Bonnet, Minerva's (BVMF:BEEF3) Returns Look Impressive

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Less than half of directors are independent

Minerva S.A. to Report Q1, 2022 Results on May 11, 2022

Now 21% undervalued

Should You Investigate Minerva S.A. (BVMF:BEEF3) At R$13.17?

These 4 Measures Indicate That Minerva (BVMF:BEEF3) Is Using Debt Extensively

Full year 2021 earnings: EPS misses analyst expectations

Minerva S.A. Proposes Supplementary Dividend

Consensus forecasts updated

Return Trends At Minerva (BVMF:BEEF3) Aren't Appealing