Stock CYRE3 CYRELA BRAZIL REALTY S.A. EMPREENDIMENTOS E PARTICIPAÇÕES
Add to a list
To use this feature you must be a member
Log inSign up

Financials Cyrela Brazil Realty S.A. Empreendimentos e Participações

Equities

CYRE3

BRCYREACNOR7

Real Estate Development & Operations

Delayed Sao Paulo
Other stock markets
 09:31:52 2024-04-30 am EDT 		5-day change 1st Jan Change
20.54 BRL -0.23% Intraday chart for Cyrela Brazil Realty S.A. Empreendimentos e Participações -3.85% -14.95%
Mar. 15 Transcript : Cyrela Brazil Realty S.A. Empreendimentos e Participações, Q4 2023 Earnings Call, Mar 15, 2024
Mar. 14 Cyrela Brazil Realty S.A. Empreendimentos e Participações Reports Earnings Results for the Full Year Ended December 31, 2023 CI

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 11,414 11,335 6,067 4,953 9,028 7,900 - -
Enterprise Value (EV) 1 12,553 11,637 6,394 4,953 9,896 8,604 8,597 8,263
P/E ratio 27.5 x 6.44 x 6.64 x 6.14 x 9.57 x 6.72 x 5.68 x 5.16 x
Yield 4.38% 8.98% 6.89% - - 5.03% 7.22% 8.16%
Capitalization / Revenue 2.9 x 2.96 x 1.27 x 0.92 x 1.44 x 1.13 x 1.07 x 0.99 x
EV / Revenue 3.19 x 3.04 x 1.33 x 0.92 x 1.58 x 1.23 x 1.16 x 1.03 x
EV / EBITDA 18.9 x 5.16 x 5.8 x 5.18 x 8.3 x 6.22 x 5.32 x 4.57 x
EV / FCF 22.1 x 5.62 x -13.2 x - - 33 x 5.4 x 4.79 x
FCF Yield 4.52% 17.8% -7.56% - - 3.03% 18.5% 20.9%
Price to Book 2.4 x 2.06 x 1.02 x - - 0.97 x 0.9 x 0.86 x
Nbr of stocks (in thousands) 384,426 384,504 384,504 378,971 374,921 374,921 - -
Reference price 2 29.69 29.48 15.78 13.07 24.08 21.07 21.07 21.07
Announcement Date 3/19/20 3/18/21 3/17/22 3/16/23 3/14/24 - - -
1BRL in Million2BRL
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,931 3,824 4,791 5,412 6,253 6,983 7,402 8,014
EBITDA 1 664.6 2,256 1,103 956.8 1,193 1,384 1,616 1,808
EBIT 1 589 2,205 1,063 913 1,125 1,212 1,416 1,492
Operating Margin 14.98% 57.66% 22.19% 16.87% 18% 17.35% 19.13% 18.62%
Earnings before Tax (EBT) 1 620 2,289 1,106 982 1,262 1,512 1,664 1,970
Net income 1 416 1,760 914.4 809 942 1,248 1,374 1,574
Net margin 10.58% 46.04% 19.09% 14.95% 15.07% 17.87% 18.56% 19.64%
EPS 2 1.080 4.578 2.378 2.130 2.516 3.138 3.709 4.084
Free Cash Flow 1 566.9 2,070 -483.5 - - 261 1,593 1,726
FCF margin 14.42% 54.14% -10.09% - - 3.74% 21.52% 21.54%
FCF Conversion (EBITDA) 85.3% 91.76% - - - 18.86% 98.57% 95.46%
FCF Conversion (Net income) 136.27% 117.61% - - - 20.91% 115.95% 109.68%
Dividend per Share 2 1.301 2.648 1.087 - - 1.060 1.520 1.719
Announcement Date 3/19/20 3/18/21 3/17/22 3/16/23 3/14/24 - - -
1BRL in Million2BRL
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 1,288 1,317 1,232 1,250 1,560 1,371 1,283 1,633 1,626 1,710 1,564 1,724 1,866 1,910 1,857
EBITDA 1 295 269.7 190.7 176.3 357.9 235.2 196.2 330.3 359.9 332.8 303.4 335 386.3 374.4 443.9
EBIT 1 284 261.9 188 167 335.1 224 177.4 319 318 312 267 312 345.2 356.7 410.1
Operating Margin 22.05% 19.89% 15.26% 13.36% 21.48% 16.34% 13.83% 19.53% 19.56% 18.25% 17.07% 18.09% 18.51% 18.68% 22.09%
Earnings before Tax (EBT) 1 - - - - - - 223 348 346 346 383.3 408.6 385.9 433.8 436
Net income 1 238 217.4 162 151 288.6 208 164 279 251 248 231 - - - 355
Net margin 18.48% 16.51% 13.15% 12.08% 18.51% 15.17% 12.78% 17.09% 15.44% 14.5% 14.77% - - - 19.12%
EPS 2 0.6200 0.5680 0.4200 0.3900 0.7699 0.5500 0.4363 0.7500 0.6700 0.6600 0.6500 0.7000 0.7800 0.8500 1.080
Dividend per Share 2 - - - - - - - - - - - 0.3702 - 0.5598 -
Announcement Date 11/11/21 3/17/22 5/14/22 8/11/22 11/10/22 3/16/23 5/11/23 8/10/23 11/9/23 3/14/24 - - - - -
1BRL in Million2BRL
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 1,139 302 327 - 868 704 698 364
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.714 x 0.1337 x 0.2962 x - 0.7279 x 0.5087 x 0.4318 x 0.2011 x
Free Cash Flow 1 567 2,070 -484 - - 261 1,593 1,726
ROE (net income / shareholders' equity) 8.39% 34.3% 14.9% - 12.2% 14.3% 15.1% 15.7%
ROA (Net income/ Total Assets) 2.54% 16.4% 7.24% - 5.48% 6.64% 6.64% 6.99%
Assets 1 16,392 10,711 12,637 - 17,197 18,796 20,682 22,522
Book Value Per Share 2 12.40 14.30 15.50 - - 21.80 23.50 24.60
Cash Flow per Share - 5.540 -1.030 - - - - -
Capex 1 122 59.7 86.8 - - 104 108 116
Capex / Sales 3.12% 1.56% 1.81% - - 1.49% 1.46% 1.45%
Announcement Date 3/19/20 3/18/21 3/17/22 3/16/23 3/14/24 - - -
1BRL in Million2BRL
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Cyrela Brazil Realty S.A. Empreendimentos e Participações

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
12
Last Close Price
21.07 BRL
Average target price
29.48 BRL
Spread / Average Target
+39.93%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Residential Real Estate Development

1st Jan change Capi.
CYRELA BRAZIL REALTY S.A. EMPREENDIMENTOS E PARTICIPAÇÕES Stock Cyrela Brazil Realty S.A. Empreendimentos e Participações
-14.95% 1.55B
VONOVIA SE Stock Vonovia SE
-3.40% 22.83B
CHINA VANKE CO., LTD. Stock China Vanke Co., Ltd.
-27.72% 11.47B
AKELIUS RESIDENTIAL PROPERTY AB Stock Akelius Residential Property AB
+8.63% 10.75B
DEUTSCHE WOHNEN SE Stock Deutsche Wohnen SE
-25.98% 7.36B
VINHOMES Stock Vinhomes
-5.56% 7.03B
VINGROUP Stock Vingroup
-0.34% 6.54B
LEG IMMOBILIEN SE Stock LEG Immobilien SE
+0.83% 6.16B
OPEN HOUSE GROUP CO., LTD. Stock Open House Group Co., Ltd.
+15.18% 3.58B
IIDA GROUP HOLDINGS CO., LTD. Stock Iida Group Holdings Co., Ltd.
-4.40% 3.55B
Residential Real Estate Development
  1. Stock Market
  2. Equities
  3. CYRE3 Stock
  4. Financials Cyrela Brazil Realty S.A. Empreendimentos e Participações