How does IGTI4's PE Ratio compare to its peers?

IGTI4 is good value based on its Price-To-Earnings Ratio (6.7x) compared to the peer average (9.8x).

How does IGTI4's PE Ratio compare vs other companies in the South American Real Estate Industry?

IGTI4 is good value based on its Price-To-Earnings Ratio (6.7x) compared to the South American Real Estate industry average (8.6x).

What is IGTI4'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.

IGTI4 is good value based on its Price-To-Earnings Ratio (6.7x) compared to the estimated Fair Price-To-Earnings Ratio (10.5x).

What is the Fair Price of IGTI4 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

IGTI4 (R$7.57) is trading below our estimate of [[fair value]] (R$16.06)

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

Insufficient data to show price forecast.

IGTI4 Stock Overview

Operates shopping centers in Brazil. More details

IGTI4 fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	4/6
Past Performance	5/6
Financial Health	2/6
Dividends	3/6

Rewards

Trading at 52.9% below our estimate of its fair value

Earnings are forecast to grow 20.75% per year

Earnings grew by 36% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Shares are highly illiquid

Debt is not well covered by operating cash flow

My Notes

Capture your thoughts, links and company narrative

Iguatemi S.A. Competitors

Multiplan Empreendimentos Imobiliários

BOVESPA:MULT3

R$10.9b

LOG Commercial Properties e Participações

BOVESPA:LOGG3

R$1.6b

JHSF Participações

BOVESPA:JHSF3

R$2.5b

Allos

BOVESPA:ALOS3

R$9.5b

Price History & Performance

Summary of share price highs, lows and changes for Iguatemi
Historical stock prices
Current Share Price	R$7.57
52 Week High	R$10.88
52 Week Low	R$7.57
Beta	0.55
1 Month Change	-8.46%
3 Month Change	-18.60%
1 Year Change	-29.78%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	-15.89%

Recent updates

Shareholder Returns

	IGTI4	BR Real Estate	BR Market
7D	-2.8%	-1.0%	0.5%
1Y	-29.8%	-27.0%	-13.1%

Return vs Industry: IGTI4 underperformed the BR Real Estate industry which returned -26.9% over the past year.

Return vs Market: IGTI4 underperformed the BR Market which returned -14.2% over the past year.

Price Volatility

Is IGTI4's price volatile compared to industry and market?
IGTI4 volatility
IGTI4 Average Weekly Movement	n/a
Real Estate Industry Average Movement	5.8%
Market Average Movement	5.2%
10% most volatile stocks in BR Market	9.9%
10% least volatile stocks in BR Market	3.1%

Stable Share Price: IGTI4's share price has been volatile over the past 3 months compared to the BR market.

Volatility Over Time: Insufficient data to determine IGTI4's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1946	n/a	n/a	iguatemi.com.br

Iguatemi S.A., together with its subsidiaries, operates shopping centers in Brazil. It also operates commercial towers. The company was formerly known as Jereissati Participações S.A. and changed its name to Iguatemi S.A. in November 2021.

Iguatemi S.A. Fundamentals Summary

How do Iguatemi's earnings and revenue compare to its market cap?
IGTI4 fundamental statistics
Market cap	R$5.01b
Earnings (TTM)	R$378.37m
Revenue (TTM)	R$1.16b

6.7x

P/E Ratio

2.2x

P/S Ratio

Is IGTI4 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IGTI4 income statement (TTM)
Revenue	R$1.16b
Cost of Revenue	R$396.81m
Gross Profit	R$766.01m
Other Expenses	R$387.64m
Earnings	R$378.37m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 18, 2025

Earnings per share (EPS)	0.31
Gross Margin	65.88%
Net Profit Margin	32.54%
Debt/Equity Ratio	81.9%

How did IGTI4 perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

29%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/07 22:24
End of Day Share Price	2025/01/07 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

Iguatemi S.A. is covered by 17 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.

Analyst	Institution
Carlos Peyrelongue	BofA Global Research
Aline Caldeira	BofA Global Research
Bruno Mendonca	Bradesco S.A. Corretora de Títulos e Valores Mobiliários

Iguatemi BOVESPA:IGTI4 Stock Report