Brasilagro Companhia Brasileira de Propriedades Agricolas
BOVESPA:AGRO3

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Brasilagro Companhia Brasileira de Propriedades Agricolas
BOVESPA:AGRO3
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Price: 22.29 BRL -1.2% Market Closed
Market Cap: 2.2B BRL
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Relative Value

The Relative Value of one AGRO3 stock under the Base Case scenario is 17.39 BRL. Compared to the current market price of 22.29 BRL, Brasilagro Companhia Brasileira de Propriedades Agricolas is Overvalued by 22%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

AGRO3 Relative Value
Base Case
17.39 BRL
Overvaluation 22%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
28
vs Industry
13
Median 3Y
2.8
Median 5Y
2.6
Industry
1
Forward
1.7
vs History
49
vs Industry
49
Median 3Y
9
Median 5Y
8
Industry
16.7
Forward
7.2
vs History
1
vs Industry
32
Median 3Y
12.7
Median 5Y
10.9
Industry
9.9
vs History
11
vs Industry
41
Median 3Y
8.7
Median 5Y
8.9
Industry
17.2
vs History
53
vs Industry
46
Median 3Y
1.2
Median 5Y
1.1
Industry
1.5
vs History
11
vs Industry
12
Median 3Y
2.9
Median 5Y
2.6
Industry
1.1
Forward
2.2
vs History
30
vs Industry
1
Median 3Y
123.8
Median 5Y
66.5
Industry
4.8
vs History
vs Industry
Median 3Y
-62.5
Median 5Y
-46.1
Industry
10.6
Forward
6.7
vs History
vs Industry
Median 3Y
-28.2
Median 5Y
-28.2
Industry
13.7
Forward
9
vs History
1
vs Industry
30
Median 3Y
13.5
Median 5Y
12.1
Industry
11.2
vs History
11
vs Industry
25
Median 3Y
16.7
Median 5Y
14.5
Industry
15.6
vs History
46
vs Industry
45
Median 3Y
0.9
Median 5Y
0.9
Industry
1.1

Multiples Across Competitors

AGRO3 Competitors Multiples
Brasilagro Companhia Brasileira de Propriedades Agricolas Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
BR
Brasilagro Companhia Brasileira de Propriedades Agricolas
BOVESPA:AGRO3
2.2B BRL 2.7 7.5 -892.4 -31.5
US
Archer-Daniels-Midland Co
XETRA:ADM
23.3B EUR 0.3 13.5 9.1 13.2
SA
Ash-Sharqiyah Development Company SJSC
SAU:6060
55.2B SAR 0 -16 664.5 -10 714.4 -9 577.5
SG
Wilmar International Ltd
SGX:F34
19.2B SGD 0.2 9.1 3.7 5.4
CN
Tongwei Co Ltd
SSE:600438
99.3B CNY 1 -14.8 -23.8 -23.8
US
Bunge Ltd
NYSE:BG
11.3B USD 0.2 5.1 3.4 3.8
US
Ingredion Inc
NYSE:INGR
9B USD 1.2 13.2 8.5 10.4
MY
Sime Darby Plantation Bhd
KLSE:SIMEPLT
34.2B MYR 1.9 18.4 11.3 19.9
CN
New Hope Liuhe Co Ltd
SZSE:000876
42.2B CNY 0.4 10.2 -461.4 -461.4
MY
IOI Corporation Bhd
KLSE:IOICORP
23.9B MYR 2.4 15.8 15.1 19.8
MY
Kuala Lumpur Kepong Bhd
KLSE:KLK
23.7B MYR 1.1 40.1 11.4 18.2
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
BR
Brasilagro Companhia Brasileira de Propriedades Agricolas
BOVESPA:AGRO3
Average EV/EBITDA: 8.9
Negative Multiple: -892.4
N/A N/A
US
A
Archer-Daniels-Midland Co
XETRA:ADM
9.1
-3%
N/A
SA
Ash-Sharqiyah Development Company SJSC
SAU:6060
Negative Multiple: -10 714.4 N/A N/A
SG
Wilmar International Ltd
SGX:F34
3.7
6%
0.6
CN
Tongwei Co Ltd
SSE:600438
Negative Multiple: -23.8
-8%
N/A
US
Bunge Ltd
NYSE:BG
3.4
-12%
N/A
US
Ingredion Inc
NYSE:INGR
8.5
4%
2.1
MY
S
Sime Darby Plantation Bhd
KLSE:SIMEPLT
11.3
N/A N/A
CN
New Hope Liuhe Co Ltd
SZSE:000876
Negative Multiple: -461.4 N/A N/A
MY
IOI Corporation Bhd
KLSE:IOICORP
15.1
8%
1.9
MY
K
Kuala Lumpur Kepong Bhd
KLSE:KLK
11.4
N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
BR
Brasilagro Companhia Brasileira de Propriedades Agricolas
BOVESPA:AGRO3
Average EV/EBIT: 13
Negative Multiple: -31.5
N/A N/A
US
A
Archer-Daniels-Midland Co
XETRA:ADM
13.2
-17%
N/A
SA
Ash-Sharqiyah Development Company SJSC
SAU:6060
Negative Multiple: -9 577.5 N/A N/A
SG
Wilmar International Ltd
SGX:F34
5.4
5%
1.1
CN
Tongwei Co Ltd
SSE:600438
Negative Multiple: -23.8
-24%
N/A
US
Bunge Ltd
NYSE:BG
3.8
-15%
N/A
US
Ingredion Inc
NYSE:INGR
10.4
5%
2.1
MY
S
Sime Darby Plantation Bhd
KLSE:SIMEPLT
19.9
N/A N/A
CN
New Hope Liuhe Co Ltd
SZSE:000876
Negative Multiple: -461.4 N/A N/A
MY
IOI Corporation Bhd
KLSE:IOICORP
19.8
10%
2
MY
K
Kuala Lumpur Kepong Bhd
KLSE:KLK
18.2
7%
2.6