Vivara Participacoes SA
BOVESPA:VIVA3

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Vivara Participacoes SA
BOVESPA:VIVA3
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Price: 25.81 BRL 3.45% Market Closed
Market Cap: R$6.1B

EV/FCFF

16.9
Current
188%
Cheaper
vs 3-y average of -19.2

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
16.9
=
Enterprise Value
R$6.5B
/
Free Cash Flow to Firm
R$388.4m

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
16.9
=
Enterprise Value
R$6.5B
/
Free Cash Flow to Firm
R$388.4m

Valuation Scenarios

Vivara Participacoes SA is trading below its 5-year average

If EV/FCFF returns to its 5-Year Average (19.6), the stock would be worth R$29.95 (16% upside from current price).

Statistics
Positive Scenarios
2/3
Maximum Downside
-21%
Maximum Upside
+43%
Average Upside
13%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 16.9 R$25.81
0%
5-Year Average 19.6 R$29.95
+16%
Industry Average 24.2 R$36.92
+43%
Country Average 13.4 R$20.47
-21%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
BR
Vivara Participacoes SA
BOVESPA:VIVA3
6.1B BRL 16.9 9.8
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
224.1B EUR 17.1 20.6
FR
Hermes International SCA
PAR:RMS
170.2B EUR 38 37.6
KR
SBW
KRX:102280
235.5T KRW -632 676.8 -117 637.1
CH
Compagnie Financiere Richemont SA
SIX:CFR
87.3B CHF 23.8 23.5
FR
EssilorLuxottica SA
PAR:EL
84B EUR 24.7 36.3
FR
Christian Dior SE
PAR:CDI
76.7B EUR 7.1 16.9
IN
Titan Company Ltd
NSE:TITAN
3.9T INR 387.2 81.6
FR
Kering SA
PAR:KER
28.5B EUR 16.9 396.2
DE
Adidas AG
XETRA:ADS
26.3B EUR 104.4 19.7
US
Tapestry Inc
NYSE:TPR
28.9B USD 18.7 55.4
P/E Multiple
Earnings Growth PEG
BR
Vivara Participacoes SA
BOVESPA:VIVA3
Average P/E: 69.8
9.8
14%
0.7
FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
20.6
11%
1.9
FR
Hermes International SCA
PAR:RMS
37.6
12%
3.1
KR
SBW
KRX:102280
Negative Multiple: -117 637.1 N/A N/A
CH
Compagnie Financiere Richemont SA
SIX:CFR
23.5
16%
1.5
FR
EssilorLuxottica SA
PAR:EL
36.3
26%
1.4
FR
Christian Dior SE
PAR:CDI
16.9
N/A N/A
IN
Titan Company Ltd
NSE:TITAN
81.6
32%
2.6
FR
Kering SA
PAR:KER
396.2
186%
2.1
DE
Adidas AG
XETRA:ADS
19.7
23%
0.9
US
Tapestry Inc
NYSE:TPR
55.4
107%
0.5

Market Distribution

In line with most companies in Brazil
Percentile
57th
Based on 365 companies
57th percentile
16.9
Low
0.2 — 8.2
Typical Range
8.2 — 24.4
High
24.4 —
Distribution Statistics
Brazil
Min 0.2
30th Percentile 8.2
Median 13.4
70th Percentile 24.4
Max 1 667.2

Vivara Participacoes SA
Glance View

Vivara Participações SA is a holding company, which engages in the manufacturing and sale of jewelry and other articles. The company is headquartered in Sao Paulo, Sao Paulo and currently employs 4,430 full-time employees. The company went IPO on 2019-10-10. The company specializes in jewels that manufactures and sells across the country through its chain of more than 120 stores located in shopping malls in major Brazilian cities, such as Sao Paulo, Rio de Janeiro, Manaus, Belo Horizonte and Florianopolis, among others.

VIVA3 Intrinsic Value
28.37 BRL
Undervaluation 9%
Intrinsic Value
Price R$25.81
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