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Bradespar SA
BOVESPA:BRAP4

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Bradespar SA
BOVESPA:BRAP4
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Price: 22.94 BRL 1.46% Market Closed
Market Cap: R$9B

EV/IC

1
Current
5%
More Expensive
vs 3-y average of 0.9

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1
=
Enterprise Value
R$9.1B
/
Invested Capital
R$8.7B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1
=
Enterprise Value
R$9.1B
/
Invested Capital
R$8.7B

Valuation Scenarios

Bradespar SA is trading above its 3-year average

If EV/IC returns to its 3-Year Average (0.9), the stock would be worth R$21.95 (4% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-21%
Maximum Upside
+9%
Average Downside
8%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 1 R$22.94
0%
3-Year Average 0.9 R$21.95
-4%
5-Year Average 1.1 R$24.98
+9%
Industry Average 0.8 R$19.42
-15%
Country Average 0.8 R$18.05
-21%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
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Market Distribution

In line with most companies in Brazil
Percentile
67th
Based on 496 companies
67th percentile
1
Low
0 — 0.6
Typical Range
0.6 — 1
High
1 —
Distribution Statistics
Brazil
Min 0
30th Percentile 0.6
Median 0.8
70th Percentile 1
Max 36.6

Bradespar SA
Glance View

Bradespar SA, a prominent name in the Brazilian investment landscape, operates not merely as a traditional investment holding company, but as a strategic player deeply intertwined with the country's industrial fabric. Emerging from the reorganization of Bradesco Group, Bradespar holds a significant stake in Vale SA, one of the world's largest mining companies. This stake is central to its operations, shaping both its strategic direction and financial performance. By leveraging its influence in Vale, Bradespar aligns its growth trajectory with the booming demand for minerals, especially iron ore, which is pivotal to countries undergoing rapid infrastructural development. Through dividends and capital appreciation from its equity investments, particularly in Vale, Bradespar generates substantial revenue, essential for its consolidation in the market. What sets Bradespar apart is its ability to navigate the ebb and flow of global commodities cycles, acting almost like a barometer for the Brazilian economy's health. As iron ore prices swell and recede, Bradespar's financial health echoes these shifts, making it a reflection of both opportunity and risk within the commodities realm. Unlike diversified conglomerates, Bradespar’s focused investment strategy allows it to concentrate expertise and resources on its core assets. This strategic concentration ensures that Bradespar isn't merely a passive shareholder, but an active participant aiming to enhance the value of its holdings. Financial maneuvering and prudent investment management maintain its position, allowing Bradespar to chart a course that capitalizes on Brazil's natural resource influence while maintaining the flexibility to adapt to economic shifts.

BRAP4 Intrinsic Value
13.54 BRL
Overvaluation 41%
Intrinsic Value
Price R$22.94
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