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AZUL3.SA$21.39+0.56%
Fair $21.39+0.0%

AZUL3.SA

AZUL3.SA

Industrials / AirlinesSão Paulo

$21.39

+0.12 (+0.56%)

Fairly Valued+0.0%Fair Value $21.39Fund rank 26/100 · Data gapFallback financials|
SA 37/D
F-Score: 6/9
Low Profitability

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 33% · confianza 21%

FCF escenarios

weak_data · normalized FCF $1.3B · quality 43.7/100

Data gap 26/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 16/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

37/100

D

Piotroski

6/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 1unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified. ROE is -0.4%, below the 5% threshold
Thesis & Journal · AZUL3.SALocal privado en este navegador · AZUL3.SA
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$7.8B

P/E

0.0x

↓

EV/EBITDA

5.5x

↓

ROE

-0.4%

↓

Gross Margin

33.2%

↑

Debt/Equity

-1.25

↓
52-Week Range$21
$7$34496828

TradingView lightweight chart

AZUL3.SA price, volumen y niveles de valoración

Último $21.51Periodo -47.9%
Fair value: $21.39

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

+10.7%

FCF CAGR

—

FCF margin

-9.2%

FCF / Net income

-15.86x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $21.64B · net income $124.9M · FCF $-1.98B

2022-FY → 2025-FY

Gross margin

33.2%+13.3% pts

Operating margin

14.6%+12.6% pts

Net margin

0.6%+5.1% pts

FCF margin

-9.2%-15.3% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$21.64B$21.64B$19.53B$18.55B$15.95B
Net Income$124.9M$124.9M$-9.15B$-2.38B$-722.4M
EBITDA$9.96B$9.96B$-1.77B$4.62B$5.61B
EPS0.140.14-6562500.02-128437500.32-4.11
Gross Margin33.2%33.2%30.3%27.4%19.9%
Operating Margin14.6%14.6%16.6%7.6%2.0%
Net Margin0.6%0.6%-46.9%-12.8%-4.5%
Balance Sheet
Debt/Equity-1.25-1.25-1.23-1.23-1.26
Current Ratio0.500.50———
Cash Flow
Free Cash Flow$-1.98B$-1.98B$1.29B$2.47B$986.3M
Returns
ROE-0.4%-0.4%30.1%11.2%3.8%
Valuation
P/E0.000.00———
EV/EBITDA5.465.46———
Growth & Yield
Revenue Growth10.8%10.8%5.2%16.3%—
EPS Growth100.0%100.0%94.9%-3121316602.2%—

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

138.8%

muy exigente

EPS terminal req.

$1.90

Spread vs growth

-38.8%

5Y implied EPS CAGR

75.1%

muy exigente

EPS terminal req.

$2.30

Spread vs growth

24.9%

10Y implied EPS CAGR

38.8%

muy exigente

EPS terminal req.

$3.70

Spread vs growth

61.2%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · available periodreconcilia total -47.9%

Total return

-47.9%

Start / end P/E

n/dx → n/dx

EPS bridge

-6562500.02 → 0.14

Residual

-47.9%

EPS growthn/d
Multiple reratingn/d
Dividend+0.0%
Residual / FX / buybacks / cross-term-47.9%

EPS/multiple decomposition requires positive EPS at both endpoints; residual absorbs price move not explained by dividends.

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.