TOTVS S.A.

BOVESPA:TOTS3 Stok Raporu

Piyasa değeri: R$19.5b

TOTVS Gelecekteki Büyüme

Future kriter kontrolleri 5/6

TOTVS kazanç ve gelirin sırasıyla yıllık 20.8% ve 17.3% oranında artacağı tahmin edilmektedir. EPS'nin yıllık 23.6% oranında büyümesi beklenmektedir. Özkaynak kârlılığının 3 yıl içinde 26.5% olacağı tahmin edilmektedir.

Anahtar bilgiler

20.8%

Kazanç büyüme oranı

23.62%

EPS büyüme oranı

Software kazanç büyümesi19.7%
Gelir büyüme oranı17.3%
Gelecekteki özkaynak getirisi26.54%
Analist kapsamı

Good

Son güncelleme16 Apr 2026

Gelecekteki son büyüme güncellemeleri

Analiz Makalesi Nov 08

Analyst Estimates: Here's What Brokers Think Of TOTVS S.A. (BVMF:TOTS3) After Its Third-Quarter Report

The quarterly results for TOTVS S.A. ( BVMF:TOTS3 ) were released last week, making it a good time to revisit its...
Analiz Makalesi May 10

TOTVS S.A. (BVMF:TOTS3) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

It's been a good week for TOTVS S.A. ( BVMF:TOTS3 ) shareholders, because the company has just released its latest...
Analiz Makalesi Feb 15

Here's What Analysts Are Forecasting For TOTVS S.A. (BVMF:TOTS3) After Its Yearly Results

Investors in TOTVS S.A. ( BVMF:TOTS3 ) had a good week, as its shares rose 2.6% to close at R$34.40 following the...

Recent updates

Analiz Güncellemesi Apr 29

TOTS3: Rating Upgrade And Execution Progress Will Support Future Repricing Potential

Analysts have modestly reduced their price target on TOTVS to R$50.45 from R$51.75, pointing to slightly adjusted assumptions around fair value, discount rate, revenue growth, profit margin and future P/E forecasts after incorporating recent research updates, including a fresh R$47 target from Bradesco BBI alongside an upgraded rating. Analyst Commentary Recent research points to a cautiously constructive stance on TOTVS, with the move to a higher rating and a R$47 price target framed as a recalibration rather than a call for aggressive revaluation.
Analiz Güncellemesi Apr 15

TOTS3: Recent Rating Upgrade And Lower Discount Rate May Support Repricing

Analysts have nudged their fair value target for TOTVS to R$51.75, using a slightly lower discount rate and almost unchanged growth and margin assumptions, citing recent research that includes an upgrade to Outperform with a R$47 price target. Analyst Commentary Recent research has led bullish analysts to lift their fair value estimates for TOTVS and support an upgraded rating, with a published price target of R$47 used as a reference point for upside potential relative to the revised fair value of R$51.75.
Analiz Güncellemesi Apr 01

TOTS3: Recent Upgrade And Buyback Plans Will Support Bullish Repricing

Analysts have nudged their fair value estimate for TOTVS up from R$51.28 to R$51.75, citing updated assumptions around revenue growth, profitability, discount rate and future P/E, along with a recent upgrade to Outperform from Neutral with a R$47 price target. Analyst Commentary Bullish analysts see the updated fair value and the R$47 price target as consistent with a thesis that the company can support its current P/E assumptions through solid execution on revenue and profitability goals.
Analiz Güncellemesi Mar 18

TOTS3: Upcoming Board Decisions And Upgrade Are Expected To Unlock Upside

Analysts have maintained their fair value estimate for TOTVS at R$61.00 and refined their assumptions on discount rate, growth, margins and future P/E, supported in part by recent Street research that includes an upgrade to Outperform with a R$47.00 price target. Analyst Commentary Bullish analysts are framing the reaffirmed fair value estimate of R$61.00 for TOTVS as consistent with the more constructive tone seen in recent external research, including the upgrade to an Outperform rating with a R$47.00 price target.
Analiz Güncellemesi Mar 03

TOTS3: Upcoming Board Decisions On Dimensa Stake Will Support Upside Potential

Analysts have nudged their fair value estimate for TOTVS slightly lower to R$61.0 from R$62.0, reflecting modest tweaks to forecasts for revenue growth, profit margins and future P/E assumptions. What's in the News Board meeting scheduled for Feb 10, 2026 to review and consider approval of TOTVS's individual and consolidated financial statements for the year ended Dec 31, 2025 (company filing).
Analiz Güncellemesi Feb 17

TOTS3: Board Decisions And Revised Assumptions Will Shape Measured Future Outlook

Analysts have nudged their fair value estimate for TOTVS up from roughly R$33.00 to about R$35.02, citing updated assumptions around revenue growth, margins, and future P/E multiples in their price target work. What's in the News Board meeting scheduled for February 10, 2026, to review and consider approval of TOTVS S.A.'s individual and consolidated financial statements for the year ended December 31, 2025 (Key Developments).
Analiz Güncellemesi Feb 03

TOTS3: Board Oversight And Margin Outlook Will Support Upside Potential

Analysts have kept their fair value estimate for TOTVS steady at R$62.00, citing slightly lower discount rate assumptions and modest adjustments to revenue growth, profit margin and future P/E inputs as the key reasons for maintaining their view. What's in the News A board meeting is scheduled for Dec 16, 2025, to review committee reports, receive a CEO update, conduct Corporate Integrity training for the Board, and hold an executive session, signaling a broad governance and oversight agenda (company board materials).
Analiz Güncellemesi Jan 20

TOTS3: Higher Margins And Buyback Activity Will Support Bullish Repricing

Analysts have slightly increased their fair value estimate for TOTVS from R$50.57 to R$51.28, citing updated assumptions that reflect a modest change in the discount rate and future P/E, along with a shift toward lower revenue growth and higher profit margins. What's in the News Board meeting scheduled for December 16, 2025, to review committee reports, CEO update, Corporate Integrity training for the Board, and an executive session.
Analiz Makalesi Jan 11

TOTVS (BVMF:TOTS3) Could Easily Take On More Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analiz Güncellemesi Jan 06

TOTS3: Higher Fair Value Will Be Supported By Stronger Revenue Outlook

Analysts have raised their fair value estimate for TOTVS from R$55.00 to R$62.00, reflecting updated assumptions on revenue, profit margins and future P/E levels. What's in the News A board meeting is scheduled for December 2, 2025, to review the 2026 budgeting process for TOTVS S.A., TOTVS Techfin S.A., and Dimensa S.A., along with key company initiatives and committee reports, followed by an executive session (company filing).
Analiz Güncellemesi Dec 17

TOTS3: Linx Acquisition Vote Will Drive Bullish Repricing Ahead

Analysts have nudged their price target on TOTVS higher from R$47.85 to R$50.57. This reflects slightly stronger expected revenue growth and a modestly higher future earnings multiple, despite largely unchanged margin and discount rate assumptions.
Analiz Güncellemesi Dec 03

TOTS3: Share Buyback Completion And Linx Vote Will Shape Fair Outlook

Analysts have nudged their price target on TOTVS slightly higher from R$47.44 to R$47.85. This reflects modestly stronger expectations for revenue growth and valuation multiples that more than offset a small downward tweak to projected profit margins and a marginally higher discount rate.
Analiz Makalesi Nov 29

Earnings Tell The Story For TOTVS S.A. (BVMF:TOTS3)

TOTVS S.A.'s ( BVMF:TOTS3 ) price-to-earnings (or "P/E") ratio of 31x might make it look like a strong sell right now...
Analiz Güncellemesi Nov 19

TOTS3: Shareholder Meeting and Acquisition Decision Will Shape Near-Term Outlook

Analysts have raised their price target for TOTVS from R$46.44 to R$47.44. They cite increased revenue growth expectations, even though there is a slight decrease in projected profit margins.
Analiz Makalesi Nov 08

Analyst Estimates: Here's What Brokers Think Of TOTVS S.A. (BVMF:TOTS3) After Its Third-Quarter Report

The quarterly results for TOTVS S.A. ( BVMF:TOTS3 ) were released last week, making it a good time to revisit its...
Analiz Güncellemesi Nov 05

TOTS3: Upcoming Linx Acquisition And Techfin Developments Will Support Balanced Outlook

Analysts have raised their price target for TOTVS from R$44.85 to R$46.44, citing slight improvements in profit margin and a favorable adjustment to the discount rate, which supports their outlook. What's in the News A Special/Extraordinary Shareholders Meeting is scheduled for October 30, 2025, to decide on the acquisition of all shares of Linx Participações S.A. and address other business matters (Key Developments).
Analiz Güncellemesi Sep 27

Linx Integration And Techfin Launches Will Unlock Market Opportunities

The slight downward revision in TOTVS’s price target appears driven by a modest decrease in its forward P/E ratio, with fair value now at R$44.85. What's in the News Board discussions on Linx integration, RD Station business unit operations, regulatory compliance action plan, and 2026 budget guidelines.
Analiz Makalesi Sep 18

TOTVS (BVMF:TOTS3) Seems To Use Debt Rather Sparingly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analiz Güncellemesi Aug 30

Linx Integration And Techfin Launches Will Unlock Market Opportunities

Analysts have raised their price target for TOTVS to R$46.30, citing robust sector fundamentals, resilient long-term growth, and supportive valuations. Analyst Commentary Robust structural drivers in the Brazilian software sector.
Analiz Makalesi Aug 07

Pinning Down TOTVS S.A.'s (BVMF:TOTS3) P/E Is Difficult Right Now

BOVESPA:TOTS3 1 Year Share Price vs Fair Value Explore TOTVS's Fair Values from the Community and select yours TOTVS...
Analiz Makalesi Jun 02

TOTVS (BVMF:TOTS3) Seems To Use Debt Rather Sparingly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analiz Makalesi May 10

TOTVS S.A. (BVMF:TOTS3) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year

It's been a good week for TOTVS S.A. ( BVMF:TOTS3 ) shareholders, because the company has just released its latest...
Analiz Makalesi May 01

At R$37.62, Is It Time To Put TOTVS S.A. (BVMF:TOTS3) On Your Watch List?

TOTVS S.A. ( BVMF:TOTS3 ), is not the largest company out there, but it saw a significant share price rise of 30% in...
User avatar
Yeni Analiz Mar 02

Expanding Cloud And AI Services Will Capture Brazil's Growing SMB Market

TOTVS is focusing on an immature market in Brazil to drive revenue through cloud and AI with potential for capturing significant market share.
Analiz Makalesi Feb 15

Here's What Analysts Are Forecasting For TOTVS S.A. (BVMF:TOTS3) After Its Yearly Results

Investors in TOTVS S.A. ( BVMF:TOTS3 ) had a good week, as its shares rose 2.6% to close at R$34.40 following the...
Analiz Makalesi Feb 01

After Leaping 27% TOTVS S.A. (BVMF:TOTS3) Shares Are Not Flying Under The Radar

TOTVS S.A. ( BVMF:TOTS3 ) shares have had a really impressive month, gaining 27% after a shaky period beforehand...
Analiz Makalesi Jan 20

Is Now The Time To Look At Buying TOTVS S.A. (BVMF:TOTS3)?

TOTVS S.A. ( BVMF:TOTS3 ), might not be a large cap stock, but it saw significant share price movement during recent...
Analiz Makalesi Jan 02

TOTVS (BVMF:TOTS3) Seems To Use Debt Rather Sparingly

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analiz Makalesi Nov 04

Why We're Not Concerned About TOTVS S.A.'s (BVMF:TOTS3) Share Price

TOTVS S.A.'s ( BVMF:TOTS3 ) price-to-earnings (or "P/E") ratio of 33.7x might make it look like a strong sell right now...
Analiz Makalesi Oct 17

Should You Think About Buying TOTVS S.A. (BVMF:TOTS3) Now?

While TOTVS S.A. ( BVMF:TOTS3 ) might not have the largest market cap around , it saw significant share price movement...
Analiz Makalesi Sep 26

We Think TOTVS (BVMF:TOTS3) Can Manage Its Debt With Ease

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analiz Makalesi Jul 30

TOTVS S.A.'s (BVMF:TOTS3) Earnings Haven't Escaped The Attention Of Investors

When close to half the companies in Brazil have price-to-earnings ratios (or "P/E's") below 9x, you may consider TOTVS...
Analiz Makalesi Jul 11

Is Now An Opportune Moment To Examine TOTVS S.A. (BVMF:TOTS3)?

TOTVS S.A. ( BVMF:TOTS3 ), is not the largest company out there, but it saw a decent share price growth of 14% on the...
Analiz Makalesi May 10

These 4 Measures Indicate That TOTVS (BVMF:TOTS3) Is Using Debt Safely

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analiz Makalesi Apr 03

Earnings Tell The Story For TOTVS S.A. (BVMF:TOTS3)

When close to half the companies in Brazil have price-to-earnings ratios (or "P/E's") below 10x, you may consider TOTVS...
Analiz Makalesi Feb 27

Is There Now An Opportunity In TOTVS S.A. (BVMF:TOTS3)?

While TOTVS S.A. ( BVMF:TOTS3 ) might not have the largest market cap around , it received a lot of attention from a...
Analiz Makalesi Jan 24

Does TOTVS (BVMF:TOTS3) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analiz Makalesi Dec 25

Investors Still Waiting For A Pull Back In TOTVS S.A. (BVMF:TOTS3)

When close to half the companies in Brazil have price-to-earnings ratios (or "P/E's") below 11x, you may consider TOTVS...
Analiz Makalesi Nov 24

Is It Too Late To Consider Buying TOTVS S.A. (BVMF:TOTS3)?

TOTVS S.A. ( BVMF:TOTS3 ), is not the largest company out there, but it led the BOVESPA gainers with a relatively large...
Analiz Makalesi Nov 09

If EPS Growth Is Important To You, TOTVS (BVMF:TOTS3) Presents An Opportunity

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analiz Makalesi Aug 13

Is Now The Time To Look At Buying TOTVS S.A. (BVMF:TOTS3)?

While TOTVS S.A. ( BVMF:TOTS3 ) might not be the most widely known stock at the moment, it saw significant share price...
Analiz Makalesi Jul 26

We Think TOTVS (BVMF:TOTS3) Can Manage Its Debt With Ease

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analiz Makalesi Jun 07

Does TOTVS (BVMF:TOTS3) Deserve A Spot On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analiz Makalesi May 06

At R$26.55, Is It Time To Put TOTVS S.A. (BVMF:TOTS3) On Your Watch List?

TOTVS S.A. ( BVMF:TOTS3 ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Analiz Makalesi Apr 15

TOTVS (BVMF:TOTS3) Seems To Use Debt Rather Sparingly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analiz Makalesi Mar 01

With EPS Growth And More, TOTVS (BVMF:TOTS3) Makes An Interesting Case

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analiz Makalesi Jan 27

Is Now The Time To Look At Buying TOTVS S.A. (BVMF:TOTS3)?

TOTVS S.A. ( BVMF:TOTS3 ), is not the largest company out there, but it saw a double-digit share price rise of over 10...
Analiz Makalesi Jan 12

Does TOTVS (BVMF:TOTS3) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analiz Makalesi Nov 28

Here's Why We Think TOTVS (BVMF:TOTS3) Is Well Worth Watching

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analiz Makalesi Oct 14

What Is TOTVS S.A.'s (BVMF:TOTS3) Share Price Doing?

TOTVS S.A. ( BVMF:TOTS3 ), is not the largest company out there, but it saw a significant share price rise of over 20...
Analiz Makalesi Sep 14

TOTVS (BVMF:TOTS3) Has A Rock Solid Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analiz Makalesi Aug 29

Is Now The Time To Put TOTVS (BVMF:TOTS3) On Your Watchlist?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...

Kazanç ve Gelir Büyüme Tahminleri

BOVESPA:TOTS3 - Analistlerin gelecek tahminleri ve geçmiş finansal verileri (BRL Millions )
TarihGelirKazançlarSerbest Nakit AkışıFaaliyetlerden NakitAvg. Analist Sayısı
12/31/202810,8081,6571,6841,9115
12/31/20278,9021,3051,4291,5669
12/31/20267,6101,0421,3411,4289
3/31/20265,9878461,0281,347N/A
12/31/20255,7728139461,203N/A
9/30/20255,9158131,0011,264N/A
6/30/20255,6768609251,174N/A
3/31/20255,4617868711,128N/A
12/31/20244,9156687991,033N/A
9/30/20244,9976497811,006N/A
6/30/20244,813545685990N/A
3/31/20244,6025357371,007N/A
12/31/20234,440507675952N/A
9/30/20234,269533672961N/A
6/30/20234,105482749975N/A
3/31/20233,959505616840N/A
12/31/20223,793495734916N/A
9/30/20223,617476626803N/A
6/30/20223,423437522716N/A
3/31/20223,211396669847N/A
12/31/20212,977389400574N/A
9/30/20212,838362282438N/A
6/30/20212,734344218314N/A
3/31/20212,659317120212N/A
12/31/20202,596296287372N/A
9/30/20202,486265361433N/A
6/30/20202,383273422492N/A
3/31/20202,320272333394N/A
12/31/20192,282253N/A345N/A
9/30/20192,242222N/A342N/A
6/30/20192,201172N/A419N/A
3/31/20192,156145N/A397N/A
12/31/20182,111137N/A418N/A
9/30/20182,127112N/A394N/A
6/30/20182,15497N/A329N/A
3/31/20182,18698N/A318N/A
12/31/20172,22793N/A330N/A
9/30/20172,223110N/A307N/A
6/30/20172,198127N/A315N/A
3/31/20172,192133N/A307N/A
12/31/20162,184153N/A261N/A
9/30/20162,168118N/A236N/A
6/30/20162,095152N/A244N/A
3/31/20162,001174N/A256N/A
12/31/20151,909196N/A313N/A
9/30/20151,831273N/A361N/A
6/30/20151,812269N/A369N/A

Analist Gelecek Büyüme Tahminleri

Kazançlar ve Tasarruf Oranları: TOTS3 'nin tahmini kazanç büyümesi (yıllık 20.8% ) tasarruf oranının ( 12.4% ) üzerindedir.

Kazançlar ve Piyasa: TOTS3 şirketinin kazançlarının (yıllık 20.8% ) BR pazarından (yıllık 12.1% ) daha hızlı büyümesi öngörülüyor.

Yüksek Büyüme Kazançları: TOTS3 şirketinin kazançlarının önümüzdeki 3 yıl içerisinde önemli ölçüde artması bekleniyor.

Gelir ve Pazar: TOTS3 şirketinin gelirinin (yıllık 17.3% ) BR pazarından (yıllık 6.2% ) daha hızlı büyümesi öngörülüyor.

Yüksek Büyüme Geliri: TOTS3 şirketinin gelirinin (yıllık 17.3% ) yıllık 20% oranından daha yavaş büyümesi öngörülüyor.


Hisse Başına Kazanç Büyüme Tahminleri


Gelecekteki Özkaynak Getirisi

Gelecekteki ROE: TOTS3 'in Özsermaye Getirisi'nin 3 yıl içinde yüksek olması tahmin ediliyor ( 26.5 %)


Büyüyen şirketleri keşfedin

Şirket Analizi ve Finansal Veri Durumu

VeriSon Güncelleme (UTC saati)
Şirket Analizi2026/05/07 04:58
Gün Sonu Hisse Fiyatı2026/05/07 00:00
Kazançlar2026/03/31
Yıllık Kazançlar2025/12/31

Veri Kaynakları

Şirket analizimizde kullanılan veriler S&P Global Market Intelligence LLC'den alınmıştır. Bu raporu oluşturmak için analiz modelimizde aşağıdaki veriler kullanılmıştır. Veriler normalize edilmiştir, bu da kaynağın mevcut olmasından kaynaklanan bir gecikmeye neden olabilir.

PaketVeriZaman ÇerçevesiÖrnek ABD Kaynağı *
Şirket Finansalları10 yıl
  • Gelir tablosu
  • Nakit akış tablosu
  • Bilanço
Analist Konsensüs Tahminleri+3 yıl
  • Finansal tahminler
  • Analist fiyat hedefleri
Piyasa Fiyatları30 yıl
  • Hisse senedi fiyatları
  • Temettüler, Bölünmeler ve Eylemler
Sahiplik10 yıl
  • En büyük hissedarlar
  • İçeriden öğrenenlerin ticareti
Yönetim10 yıl
  • Liderlik ekibi
  • Yönetim Kurulu
Önemli Gelişmeler10 yıl
  • Şirket duyuruları

* ABD menkul kıymetleri için örnek, ABD dışı için eşdeğer düzenleyici formlar ve kaynaklar kullanılmıştır.

Belirtilmediği sürece tüm finansal veriler yıllık bir döneme dayanmaktadır ancak üç ayda bir güncellenmektedir. Bu, İzleyen On İki Ay (TTM) veya Son On İki Ay (LTM) Verileri olarak bilinir. Daha fazla bilgi edinin.

Analiz Modeli ve Kar Tanesi

Bu raporu oluşturmak için kullanılan analiz modelinin ayrıntılarına GitHub sayfamızdan ulaşabilirsiniz, ayrıca raporlarımızı nasıl kullanacağınızı anlatan kılavuzlarımız ve Youtube'da eğitim videolarımız da bulunmaktadır.

Simply Wall St analiz modelini tasarlayan ve oluşturan dünya standartlarındaki ekip hakkında bilgi edinin.

Endüstri ve Sektör Metrikleri

Sektör ve bölüm metriklerimiz Simply Wall St tarafından her 6 saatte bir hesaplanmaktadır, sürecimizin ayrıntıları Github'da mevcuttur.

Analist Kaynakları

TOTVS S.A. 19 Bu analistlerden 9, raporumuzun girdisi olarak kullanılan gelir veya kazanç tahminlerini sunmuştur. Analistlerin gönderimleri gün boyunca güncellenmektedir.

AnalistKurum
Lucca BrendimBofA Global Research
Daniel FederleBradesco S.A. Corretora de Títulos e Valores Mobiliários
Frederico MendesBradesco S.A. Corretora de Títulos e Valores Mobiliários