CCR S.A.

BOVESPA:CCRO3 Stock Report

Market Cap: R$21.6b

CCR Valuation

Is CCRO3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • 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 CCRO3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CCRO3 (R$10.14) is trading below our estimate of fair value (R$12.61)

Significantly Below Fair Value: CCRO3 is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CCRO3?

Key metric: As CCRO3 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CCRO3. This is calculated by dividing CCRO3's market cap by their current earnings.
What is CCRO3's PE Ratio?
PE Ratio12.9x
EarningsR$1.58b
Market CapR$21.61b

Price to Earnings Ratio vs Peers

How does CCRO3's PE Ratio compare to its peers?

The above table shows the PE ratio for CCRO3 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average9.4x
ECOR3 EcoRodovias Infraestrutura e Logística
3.2x-8.1%R$3.0b
STBP3 Santos Brasil Participações
14.9x12.2%R$11.3b
TPIS3 Triunfo Participações e Investimentos
4.6xn/aR$233.8m
PORT3 Wilson Sons
15.1x-3.0%R$7.2b
CCRO3 CCR
12.9x18.3%R$21.6b

Price-To-Earnings vs Peers: CCRO3 is expensive based on its Price-To-Earnings Ratio (12.9x) compared to the peer average (9.4x).

Price to Earnings Ratio vs Industry

How does CCRO3's PE Ratio compare vs other companies in the Global Infrastructure Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CCRO3 12.9xIndustry Avg. 14.4xNo. of Companies33PE01020304050+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CCRO3 is good value based on its Price-To-Earnings Ratio (12.9x) compared to the Global Infrastructure industry average (14.4x).

Price to Earnings Ratio vs Fair Ratio

What is CCRO3'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.

CCRO3 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.9x
Fair PE Ratio16.2x

Price-To-Earnings vs Fair Ratio: CCRO3 is good value based on its Price-To-Earnings Ratio (12.9x) compared to the estimated Fair Price-To-Earnings Ratio (16.2x).

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 CCRO3 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentR$10.14
R$16.24
+60.2%
13.6%R$20.60R$11.60n/a12
Dec ’25R$11.03
R$16.81
+52.4%
12.4%R$20.60R$13.60n/a12
Nov ’25R$11.85
R$16.85
+42.2%
13.0%R$20.60R$13.60n/a12
Oct ’25R$12.08
R$16.93
+40.2%
12.5%R$20.60R$13.60n/a12
Sep ’25R$13.25
R$16.89
+27.5%
12.5%R$20.60R$13.60n/a12
Aug ’25R$12.52
R$16.74
+33.7%
12.1%R$20.60R$13.60n/a12
Jul ’25R$11.47
R$16.71
+45.7%
12.7%R$20.60R$13.60n/a11
Jun ’25R$12.04
R$17.00
+41.2%
10.7%R$20.60R$14.00n/a11
May ’25R$12.33
R$17.21
+39.6%
9.4%R$20.60R$15.00n/a11
Apr ’25R$13.65
R$17.21
+26.1%
9.4%R$20.60R$15.00n/a11
Mar ’25R$13.73
R$16.97
+23.6%
10.3%R$20.60R$14.10n/a11
Feb ’25R$13.22
R$16.56
+25.3%
8.5%R$19.00R$14.10n/a10
Jan ’25R$14.18
R$16.29
+14.9%
9.0%R$19.00R$14.00n/a10
Dec ’24R$13.84
R$16.29
+17.7%
9.0%R$19.00R$14.00R$11.0310
Nov ’24R$12.04
R$16.34
+35.7%
9.4%R$19.00R$14.00R$11.8510
Oct ’24R$12.89
R$16.22
+25.8%
9.0%R$19.00R$13.80R$12.0810
Sep ’24R$12.66
R$16.37
+29.3%
11.7%R$20.50R$13.80R$13.2511
Aug ’24R$13.27
R$16.42
+23.7%
11.5%R$20.50R$13.80R$12.5211
Jul ’24R$14.05
R$16.28
+15.8%
13.6%R$20.50R$12.70R$11.4712
Jun ’24R$13.86
R$16.20
+16.9%
14.1%R$20.50R$12.70R$12.0412
May ’24R$13.57
R$15.86
+16.9%
13.5%R$20.50R$12.70R$12.3314
Apr ’24R$12.80
R$15.71
+22.7%
13.7%R$20.50R$12.70R$13.6514
Mar ’24R$10.90
R$15.82
+45.2%
13.2%R$20.50R$12.70R$13.7314
Feb ’24R$11.69
R$15.78
+35.0%
11.5%R$19.30R$12.70R$13.2213
Jan ’24R$10.82
R$16.01
+48.0%
11.2%R$19.30R$12.70R$14.1813
Dec ’23R$11.47
R$16.21
+41.3%
11.3%R$19.30R$12.70R$13.8413

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 Analysis2024/12/18 08:35
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 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

CCR S.A. is covered by 31 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Daniel SpilbergBarclays
Renato Ramos de Almeida HallgrenBB Banco de Investimento S.A.
Rogerio AraujoBofA Global Research