Risk factor
Very vulnerable to price shocks
Profitability factor
Very strong margins and returns
About
Founded in 1962 and headquartered in Sao Paulo, Brazil, Vivara Participações S.A. is a Brazilian enterprise specializing in the production and retail of a diverse array of jewelry and other merchandise. Its extensive product catalog features a wide selection of fine jewelry pieces, including rings, earrings, necklaces, chains, pendants, and bracelets. Beyond jewelry, the company also offers various accessories such as cufflinks, pens, belts, sunglasses, specialized cases for jewelry and watches, gift sets, notebooks, wallets, bags and backpacks, perfumers, and passport holders, alongside a collection of clocks and watches. As of year-end 2021, Vivara maintained a significant physical presence with 229 Vivara-branded stores, 33 Life stores, and numerous kiosks, complementing its robust online sales channel.
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 VIVA3.SA is 34.4 and suggests 88.4% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to