Bradespar SA
BOVESPA:BRAP4

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Bradespar SA
BOVESPA:BRAP4
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Price: 21.7 BRL 1.35%
Market Cap: 8.5B BRL

Relative Value

The Relative Value of one BRAP4 stock under the Base Case scenario is 29.84 BRL. Compared to the current market price of 21.7 BRL, Bradespar SA is Undervalued by 27%.

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.

BRAP4 Relative Value
Base Case
29.84 BRL
Undervaluation 27%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
19
vs Industry
Median 3Y
3.2
Median 5Y
2.9
Industry
2
Forward
4.9
vs History
17
vs Industry
Median 3Y
3.1
Median 5Y
3
Industry
18.8
Forward
2.8
vs History
15
vs Industry
Median 3Y
9
Median 5Y
8.5
Industry
10.9
vs History
15
vs Industry
Median 3Y
9
Median 5Y
8.5
Industry
18.4
vs History
68
vs Industry
Median 3Y
1
Median 5Y
1.1
Industry
2.1
vs History
19
vs Industry
Median 3Y
3.1
Median 5Y
2.6
Industry
2.5
Forward
4.6
vs History
vs Industry
Median 3Y
0
Median 5Y
0
Industry
8.3
vs History
12
vs Industry
Median 3Y
3.1
Median 5Y
2.7
Industry
12.3
Forward
4.8
vs History
12
vs Industry
Median 3Y
3.1
Median 5Y
2.7
Industry
14.9
Forward
4.8
vs History
15
vs Industry
Median 3Y
8.3
Median 5Y
8.2
Industry
12.4
vs History
15
vs Industry
Median 3Y
8.3
Median 5Y
8.2
Industry
16.8
vs History
68
vs Industry
Median 3Y
0.9
Median 5Y
1.1
Industry
1.9

Multiples Across Competitors

BRAP4 Competitors Multiples
Bradespar SA 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
Bradespar SA
BOVESPA:BRAP4
8.5B BRL 6.5 7.5 7.6 7.6
ZA
Kumba Iron Ore Ltd
JSE:KIO
109.3B Zac 0 0 0 0
BR
Vale SA
BOVESPA:VALE3
299.5B BRL 1.4 9.9 4.7 6.1
AU
Fortescue Metals Group Ltd
ASX:FMG
69.3B AUD 3 13.6 9 9
AU
Fortescue Ltd
XMUN:FVJ
39B EUR 2.9 13.6 9 9
US
Nucor Corp
NYSE:NUE
36.8B USD 1.2 22.3 10.3 16.2
LU
ArcelorMittal SA
AEX:MT
29.4B EUR 0.6 13.4 6.4 12.4
IN
JSW Steel Ltd
NSE:JSWSTEEL
2.6T INR 1.5 43.9 12.8 20.2
US
Steel Dynamics Inc
NASDAQ:STLD
25.4B USD 1.4 22.6 14.7 20.3
IN
Tata Steel Ltd
NSE:TATASTEEL
2.1T INR 0.9 30.8 9.4 15.2
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
154.9B CNY 0.5 16.4 15.9 15.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
BR
Bradespar SA
BOVESPA:BRAP4
Average EV/EBITDA: 10
7.6
6%
1.3
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
6%
N/A
BR
Vale SA
BOVESPA:VALE3
4.7
7%
0.7
AU
Fortescue Metals Group Ltd
ASX:FMG
9
10%
0.9
AU
F
Fortescue Ltd
XMUN:FVJ
9
10%
0.9
US
Nucor Corp
NYSE:NUE
10.3
10%
1
LU
ArcelorMittal SA
AEX:MT
6.4
13%
0.5
IN
JSW Steel Ltd
NSE:JSWSTEEL
12.8
24%
0.5
US
Steel Dynamics Inc
NASDAQ:STLD
14.7
13%
1.1
IN
Tata Steel Ltd
NSE:TATASTEEL
9.4
20%
0.5
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
15.9
59%
0.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
BR
Bradespar SA
BOVESPA:BRAP4
Average EV/EBIT: 13.2
7.6
79%
0.1
ZA
K
Kumba Iron Ore Ltd
JSE:KIO
Not Available
-4%
N/A
BR
Vale SA
BOVESPA:VALE3
6.1
5%
1.2
AU
Fortescue Metals Group Ltd
ASX:FMG
9
-8%
N/A
AU
F
Fortescue Ltd
XMUN:FVJ
9
-8%
N/A
US
Nucor Corp
NYSE:NUE
16.2
13%
1.2
LU
ArcelorMittal SA
AEX:MT
12.4
15%
0.8
IN
JSW Steel Ltd
NSE:JSWSTEEL
20.2
37%
0.5
US
Steel Dynamics Inc
NASDAQ:STLD
20.3
13%
1.6
IN
Tata Steel Ltd
NSE:TATASTEEL
15.2
30%
0.5
CN
Baoshan Iron & Steel Co Ltd
SSE:600019
15.9
24%
0.7