Vamos Locação de Caminhões, Máquinas e Equipamentos S.A.

BOVESPA:VAMO3 Stock Report

Market Cap: R$5.7b

Vamos Locação de Caminhões Máquinas e Equipamentos Valuation

Is VAMO3 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 VAMO3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: VAMO3 (R$5.3) is trading below our estimate of fair value (R$45.6)

Significantly Below Fair Value: VAMO3 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for VAMO3?

Key metric: As VAMO3 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for VAMO3. This is calculated by dividing VAMO3's market cap by their current earnings.
What is VAMO3's PE Ratio?
PE Ratio8.1x
EarningsR$694.32m
Market CapR$5.66b

Price to Earnings Ratio vs Peers

How does VAMO3's PE Ratio compare to its peers?

The above table shows the PE ratio for VAMO3 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average6.7x
7.4x27.6%R$1.9b
TGMA3 Tegma Gestão Logística
8.9x2.4%R$2.1b
MRSA3B MRS Logística
6.6xn/aR$9.7b
ECOR3 EcoRodovias Infraestrutura e Logística
4x-7.9%R$3.5b
VAMO3 Vamos Locação de Caminhões Máquinas e Equipamentos
8.1x22.3%R$5.7b

Price-To-Earnings vs Peers: VAMO3 is expensive based on its Price-To-Earnings Ratio (8.1x) compared to the peer average (6.7x).


Price to Earnings Ratio vs Industry

How does VAMO3's PE Ratio compare vs other companies in the Global Transportation Industry?

8 CompaniesPrice / EarningsEstimated GrowthMarket Cap
VAMO3 8.1xIndustry Avg. 14.8xNo. of Companies40PE01224364860+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: VAMO3 is good value based on its Price-To-Earnings Ratio (8.1x) compared to the Global Transportation industry average (14.8x).


Price to Earnings Ratio vs Fair Ratio

What is VAMO3'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.

VAMO3 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.1x
Fair PE Ratio13.2x

Price-To-Earnings vs Fair Ratio: VAMO3 is good value based on its Price-To-Earnings Ratio (8.1x) compared to the estimated Fair Price-To-Earnings Ratio (13.2x).


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 VAMO3 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentR$5.30
R$12.32
+132.4%
18.0%R$15.00R$7.20n/a11
Dec ’25R$5.79
R$12.55
+116.8%
18.7%R$15.00R$7.20n/a11
Nov ’25R$5.77
R$13.49
+133.8%
14.7%R$15.90R$9.00n/a11
Oct ’25R$6.46
R$13.49
+108.8%
14.7%R$15.90R$9.00n/a11
Sep ’25R$7.60
R$13.38
+76.1%
14.1%R$15.90R$9.90n/a12
Aug ’25R$8.47
R$13.21
+56.0%
13.8%R$15.00R$9.50n/a12
Jul ’25R$7.62
R$13.32
+74.8%
14.7%R$16.00R$9.50n/a11
Jun ’25R$8.11
R$14.37
+77.2%
17.0%R$18.00R$9.50n/a11
May ’25R$7.11
R$14.79
+108.1%
20.9%R$20.00R$9.50n/a10
Apr ’25R$8.28
R$16.30
+96.9%
15.7%R$21.00R$12.50n/a11
Mar ’25R$8.75
R$16.67
+90.5%
14.0%R$21.00R$12.50n/a11
Feb ’25R$8.06
R$17.12
+112.5%
14.1%R$21.00R$12.50n/a11
Jan ’25R$10.07
R$17.40
+72.8%
13.4%R$21.00R$12.50n/a11
Dec ’24R$9.40
R$17.44
+85.6%
13.3%R$21.00R$12.50R$5.7911
Nov ’24R$7.93
R$17.58
+121.7%
14.4%R$21.00R$11.00R$5.7711
Oct ’24R$9.75
R$19.24
+97.4%
16.3%R$25.08R$13.50R$6.4611
Sep ’24R$11.96
R$20.71
+73.2%
11.0%R$25.08R$17.50R$7.6011
Aug ’24R$12.01
R$20.71
+72.4%
11.0%R$25.08R$17.50R$8.4711
Jul ’24R$12.11
R$21.04
+73.8%
9.7%R$25.08R$18.00R$7.6212
Jun ’24R$13.46
R$21.53
+60.0%
8.4%R$25.08R$18.70R$8.1112
May ’24R$12.22
R$21.76
+78.0%
11.2%R$27.40R$18.00R$7.1114
Apr ’24R$13.35
R$21.71
+62.6%
11.5%R$27.40R$18.00R$8.2814
Mar ’24R$13.43
R$21.48
+59.9%
12.2%R$27.40R$18.00R$8.7514
Feb ’24R$14.73
R$21.01
+42.6%
12.4%R$27.40R$17.00R$8.0613
Jan ’24R$12.64
R$20.66
+63.5%
11.9%R$27.40R$17.00R$10.0713
Dec ’23R$13.02
R$20.29
+55.9%
12.5%R$27.40R$17.00R$9.4013

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.


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