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$11.03) 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 Ratio14x
EarningsR$1.58b
Market CapR$22.26b

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 Average9.7x
ECOR3 EcoRodovias Infraestrutura e Logística
4.3x-6.5%R$3.8b
STBP3 Santos Brasil Participações
14.6x12.2%R$11.1b
TPIS3 Triunfo Participações e Investimentos
5.3xn/aR$281.9m
PORT3 Wilson Sons
14.6x-3.0%R$6.9b
14x19.4%R$22.3b

Price-To-Earnings vs Peers: CCRO3 is expensive based on its Price-To-Earnings Ratio (14x) compared to the peer average (9.7x).


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 14.0xIndustry Avg. 14.2xNo. of Companies37PE01020304050+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CCRO3 is good value based on its Price-To-Earnings Ratio (14x) compared to the Global Infrastructure industry average (14.1x).


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 Ratio14x
Fair PE Ratio16.8x

Price-To-Earnings vs Fair Ratio: CCRO3 is good value based on its Price-To-Earnings Ratio (14x) compared to the estimated Fair Price-To-Earnings Ratio (16.8x).


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$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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