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HBOR3.SA$2.42-4.72%
Fair $2.42+0.0%

HBOR3.SA

Helbor Empreendimentos S.A.

Real Estate / Real Estate ServicesSão Paulo

$2.42

-0.12 (-4.72%)

Fairly Valued+0.0%Fair Value $2.42Fund rank 25/100 · Data gapFallback financials|
SA 35/D
F-Score: 4/9
Declining RevenueLow Profitability

Book/ROE base 3Y

n/d

n/d CAGR · P/B n/d

Book/ROE base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 100% · confianza 20%

Book/ROE escenarios

weak_data · book/share n/d · quality 15.0/100

Data gap 25/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 26/100Data 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

35/100

D

Piotroski

4/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 2unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific NAV/AFFO model required: REIT/real-estate targets are disabled until FFO/AFFO/NAV/cap-rate data exists. REIT NAV/AFFO valuation requires positive AFFO/share history or TTM AFFO/share; generic FCF remains disabled. Revenue has declined for 2 consecutive years ROE is 0.8%, below the 5% threshold
Thesis & Journal · HBOR3.SALocal privado en este navegador · Helbor Empreendimentos S.A.
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

$321M

P/E

60.5x

↑

EV/EBITDA

11.7x

↓

ROE

0.8%

↓

Gross Margin

31.0%

↓

Debt/Equity

1.29

↑
52-Week Range$2
$2$4

TradingView lightweight chart

HBOR3.SA price, volumen y niveles de valoración

Último $2.420Periodo -81.4%
Fair value: $2.420

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

+7.6%

FCF CAGR

—

FCF margin

0.6%

FCF / Net income

0.60x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $1.13B · net income $11.3M · FCF $6.8M

2022-FY → 2025-FY

Gross margin

31.0%+3.1% pts

Operating margin

9.1%+1.5% pts

Net margin

1.0%-4.6% pts

FCF margin

0.6%+66.3% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$1.13B$1.13B$1.27B$1.28B$906.4M
Net Income$11.3M$11.3M$56.5M$50.8M$51.1M
EBITDA$177.6M$177.6M$312.9M$292.9M$206.3M
EPS0.080.080.430.380.38
Gross Margin31.0%31.0%33.5%29.7%27.9%
Operating Margin9.1%9.1%14.9%11.3%7.6%
Net Margin1.0%1.0%4.4%4.0%5.6%
Balance Sheet
Debt/Equity1.291.291.371.361.32
Current Ratio2.342.34———
Cash Flow
Free Cash Flow$6.8M$6.8M$513.4M$85.2M$-595.4M
Returns
ROE0.8%0.8%3.9%3.6%3.7%
Valuation
P/E60.5060.503.227.996.45
EV/EBITDA11.6911.696.227.519.66
P/B0.220.220.130.290.24
Growth & Yield
Revenue Growth-11.2%-11.2%-0.4%40.8%—
EPS Growth-80.1%-80.1%11.1%-0.4%—
Dividend Yield0.8%0.8%———

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

36.2%

muy exigente

EPS terminal req.

$0.21

Spread vs growth

-116.3%

5Y implied EPS CAGR

25.1%

muy exigente

EPS terminal req.

$0.26

Spread vs growth

-105.1%

10Y implied EPS CAGR

17.3%

exigente

EPS terminal req.

$0.42

Spread vs growth

-97.4%

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 · 1Y approxreconcilia total -2.4%

Total return

-2.4%

Start / end P/E

5.9x → 28.5x

EPS bridge

0.43 → 0.08

Residual

-308.7%

EPS growth-80.1%
Multiple rerating+385.6%
Dividend+0.8%
Residual / FX / buybacks / cross-term-308.7%

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.