Dexco S.A.

BOVESPA:DXCO3 Stock Report

Market Cap: R$4.5b

Dexco Valuation

Is DXCO3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of DXCO3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: DXCO3 (R$4.96) is trading below our estimate of future cash flow value (R$7.67)

Significantly Below Future Cash Flow Value: DXCO3 is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DXCO3?

Key metric: As DXCO3 is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for DXCO3. This is calculated by dividing DXCO3's market cap by their current revenue.
What is DXCO3's PS Ratio?
PS Ratio0.5x
SalesR$8.36b
Market CapR$4.50b

Price to Sales Ratio vs Peers

How does DXCO3's PS Ratio compare to its peers?

The above table shows the PS ratio for DXCO3 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average0.4x
EUCA4 Eucatex Indústria e Comércio
0.7xn/aR$2.3b
BRKM5 Braskem
0.07x6.98%R$4.6b
CSNA3 Companhia Siderúrgica Nacional
0.1x3.98%R$6.4b
CBAV3 Companhia Brasileira de Alumínio
0.8x6.00%R$7.0b
DXCO3 Dexco
0.5x6.02%R$4.5b

Price-To-Sales vs Peers: DXCO3 is expensive based on its Price-To-Sales Ratio (0.5x) compared to the peer average (0.4x).

Historical Price to Sales Ratio

Historical Price to Sales Ratio compares a stock's price to its sales over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Sales Ratio vs Industry

How does DXCO3's PS Ratio compare vs other companies in the Global Forestry Industry?

27 CompaniesPrice / SalesEstimated GrowthMarket Cap
DXCO3 0.5xIndustry Avg. 0.7xNo. of Companies37PS00.61.21.82.43+
27 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: DXCO3 is good value based on its Price-To-Sales Ratio (0.5x) compared to the Global Forestry industry average (0.7x).

Price to Sales Ratio vs Fair Ratio

What is DXCO3's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DXCO3 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.5x
Fair PS Ratio0.5x

Price-To-Sales vs Fair Ratio: DXCO3 is expensive based on its Price-To-Sales Ratio (0.5x) compared to the estimated Fair Price-To-Sales Ratio (0.5x).

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 DXCO3 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentR$4.96
R$7.66
+54.33%
12.26%R$9.00R$5.60n/a10
Jun ’27R$4.74
R$7.56
+59.39%
11.85%R$9.00R$5.60n/a10
May ’27R$5.21
R$7.28
+39.78%
13.68%R$9.00R$5.60n/a11
Apr ’27R$4.85
R$7.16
+47.65%
12.92%R$8.70R$5.36n/a11
Mar ’27R$5.42
R$7.25
+33.70%
14.48%R$8.70R$5.36n/a10
Feb ’27R$5.73
R$7.25
+26.53%
14.35%R$8.70R$5.36n/a11
Jan ’27R$5.00
R$6.92
+38.38%
13.64%R$8.93R$5.36n/a11
Dec ’26R$4.71
R$7.13
+51.61%
13.25%R$8.93R$5.80n/a10
Nov ’26R$4.79
R$7.13
+49.07%
13.25%R$8.93R$5.80n/a10
Oct ’26R$5.12
R$7.19
+40.49%
13.73%R$8.93R$5.80n/a10
Sep ’26R$5.14
R$7.28
+41.49%
16.92%R$9.38R$5.36n/a10
Aug ’26R$5.01
R$7.68
+53.30%
15.99%R$9.38R$5.36n/a10
Jul ’26R$5.08
R$7.79
+53.29%
17.74%R$9.38R$5.36R$4.959
Jun ’26R$4.96
R$8.03
+61.96%
14.46%R$9.38R$5.80R$4.749
May ’26R$4.94
R$8.03
+62.55%
14.46%R$9.38R$5.80R$5.219
Apr ’26R$4.89
R$8.10
+65.45%
13.01%R$9.38R$6.25R$4.859
Mar ’26R$5.04
R$8.38
+66.08%
13.12%R$9.82R$6.25R$5.429
Feb ’26R$5.27
R$8.38
+59.04%
13.12%R$9.82R$6.25R$5.739
Jan ’26R$5.32
R$8.73
+64.11%
14.43%R$11.16R$6.70R$5.008
Dec ’25R$6.47
R$9.12
+40.95%
9.59%R$11.16R$8.04R$4.718
Nov ’25R$7.20
R$9.07
+26.01%
8.25%R$10.71R$8.04R$4.798
Oct ’25R$7.79
R$9.01
+15.75%
8.92%R$10.71R$8.04R$5.128
Sep ’25R$7.33
R$8.83
+20.50%
9.54%R$10.71R$8.04R$5.147
Aug ’25R$6.24
R$8.78
+40.61%
6.12%R$9.82R$8.04R$5.017
Jul ’25R$5.81
R$8.78
+50.98%
6.12%R$9.82R$8.04R$5.087
R$7.66
Fair Value
35.2% undervalued intrinsic discount
10
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.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/05 11:45
End of Day Share Price 2026/07/03 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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

Dexco S.A. is covered by 15 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Guilherme RositoBofA Global Research
Rafael BarcellosBradesco S.A. Corretora de Títulos e Valores Mobiliários
Carlos Palhares SequeiraBTG Pactual