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Trisul SA
BOVESPA:TRIS3

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Trisul SA
BOVESPA:TRIS3
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Price: 4.87 BRL 1.46% Market Closed
Market Cap: R$1.2B

EV/GP

3.1
Current
33%
Cheaper
vs 3-y average of 4.6

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
3.1
=
Enterprise Value
R$1.4B
/
Gross Profit
R$404.5m

Enterprise Value to Gross Profit (EV/GP) ratio compares a company`s total enterprise value to its gross profit. It shows how much investors are paying for each dollar of the company`s gross profit, including both equity and debt.

EV/GP
3.1
=
Enterprise Value
R$1.4B
/
Gross Profit
R$404.5m

Valuation Scenarios

Trisul SA is trading below its 3-year average

If EV/GP returns to its 3-Year Average (4.6), the stock would be worth R$7.22 (48% upside from current price).

Statistics
Positive Scenarios
4/4
Maximum Downside
No Downside Scenarios
Maximum Upside
+57%
Average Upside
42%
Scenario EV/GP Value Implied Price Upside/Downside
Current Multiple 3.1 R$4.87
0%
3-Year Average 4.6 R$7.22
+48%
5-Year Average 4.6 R$7.09
+46%
Industry Average 3.7 R$5.73
+18%
Country Average 4.9 R$7.63
+57%

Forward EV/GP
Today’s price vs future gross profit

Not enough data available to calculate forward EV/GP

Peer Comparison

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

In line with most companies in Brazil
Percentile
30th
Based on 434 companies
30th percentile
3.1
Low
0.3 — 3.1
Typical Range
3.1 — 6.9
High
6.9 —
Distribution Statistics
Brazil
Min 0.3
30th Percentile 3.1
Median 4.9
70th Percentile 6.9
Max 121

Trisul SA
Glance View

Market Cap
1.2B BRL
Industry
Consumer products

Trisul SA engages in the development of residential projects. The company is headquartered in Sao Paulo, Sao Paulo and currently employs 380 full-time employees. The company went IPO on 2007-10-15. The company was founded as a result of a merger between two companies: Incosul Incorporacao e Construcao Ltda and Tricury Construcoes e Participacoes Ltda. Together with its subsidiaries, the Company is principally engaged in the construction, purchase, sale and lease of residential buildings, as well as in the acquisition and subdivision of land. The company mainly operates in the Brazilian state of Sao Paulo. The firm develops its operations in such cities as Sao Paulo, Santos, Guarulhos and Ribeirao Preto, among others. Trisul Life and Trisul Lar, the main products developed by the Company, consist of residential units ranging in size from 45 to 65 square meters. As of December 31, 2011, Trisul SA had a number of subsidiaries, including Tricury Construcoes e Participacoes Ltda, Incosul Incorporacao e Construcao Ltda and Ribeirao VIII Empreendimentos Imobiliarios Ltda, among others.

TRIS3 Intrinsic Value
7.78 BRL
Undervaluation 37%
Intrinsic Value
Price R$4.87
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