Risk factor
Low price volatility
Profitability factor
Good margins and returns
About
Motiva S.A., established in 1998 and headquartered in São Paulo, Brazil, functions as a global infrastructure concession firm. It oversees a diverse array of infrastructure concessions, totaling 3,955 kilometers across various Brazilian states, including São Paulo, Rio de Janeiro, Paraná, Mato Grosso do Sul, and Rio Grande do Sul. In the telecommunications sector, Motiva provides multimedia and IP connectivity services, utilizing an extensive network of approximately 4,700 kilometers of underground and aerial optical fiber that also facilitates high-capacity data transmission. Its operational scope further extends to urban transport, managing subway systems in São Paulo and Bahia, as well as light rail services in Rio de Janeiro. The company holds substantial airport concessions globally, notably for international airports in Quito, Ecuador; San José, Costa Rica; and Curaçao, Netherlands Antilles. Within Brazil, it operates the BH Airport concessionaire for the Belo Horizonte International Airport in Minas Gerais and manages Total Airport Services. Additionally, Motiva offers specialized engineering, technology, and administration solutions.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. In particular, the stock is underpriced on P/E, of fair value on EV/EBIT
Target Price
The average target price of MOTV3.SA is 18.7 and suggests 13.9% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommend