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Analyzing B3 – Brasil Bolsa Balcao (B3SA3) Earnings: 2025 CapEx, Dividends, and Buyback Insights

By December 14, 2024 No Comments
  • B3 projects its capital expenditure for 2025 to be between R$240 million and R$330 million.
  • The company anticipates adjusted operating expenses to range from R$2.26 billion to R$2.45 billion.
  • The expected dividend payout ratio is between 90% and 110%.
  • Depreciation and amortization are projected to be within R$340 million to R$400 million.
  • B3 has approved a buyback program for up to 380 million shares.
  • Financial leverage is expected to reach up to 2.1 times the recurring EBITDA of the past 12 months.
  • Analyst recommendations include 7 buys, 8 holds, and no sells.

B3 – Brasil Bolsa Balcao on Smartkarma

According to Victor Galliano, an independent analyst on Smartkarma, B3 – Brasil Bolsa Balcao presents an intriguing investment opportunity in the emerging market exchanges sector. In his report titled “Emerging Market Exchanges – Attractive Valuations with Defensive Qualities“, Galliano highlights B3’s diverse product offering and underestimation of its post-trade revenue share. Contrary to its recent share price performance, Galliano sees B3 as attractively priced compared to its peers, making it a core pick for investors looking for value.

Additionally, Galliano mentions Hong Kong Exchange as another favorable option due to its high share of post-trade revenues. With a positive outlook on China’s economic stimulus and investor sentiment, Hong Kong Exchange is poised to benefit from potential growth opportunities. Overall, Galliano’s bullish sentiment on B3 and Hong Kong Exchange underscores the potential for investors to capitalize on attractive valuations and defensive qualities in the emerging market exchanges sector.


A look at B3 – Brasil Bolsa Balcao Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth3
Resilience5
Momentum4
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

According to Smartkarma Smart Scores, B3 – Brasil Bolsa Balcao seems to have a favorable long-term outlook. The company received a solid score of 5 for Resilience, indicating its ability to withstand market challenges and economic downturns. Additionally, B3 scored a 4 for Momentum, suggesting a positive trend in the company’s performance. Although the Value score is rated at 2, the Dividend and Growth scores are at a decent 3. Overall, B3 – Brasil Bolsa Balcao appears to be well-positioned for the future based on these Smart Scores.

B3 S.A. – Brasil, Bolsa, Balcao is a regional exchange that offers various financial services, including clearing and settlement activities, central depository services, and trading in equity, commodity, and derivatives. With a global customer base, B3 is known for its integrated business model. The Smartkarma Smart Scores highlight B3’s strengths in resilience and momentum, portraying a positive outlook for the company’s long-term performance in the market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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