Méliuz S.A (CASH3) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Méliuz S.A stock BRL 5.22, price BRL 4.02, upside +29.8%, quality 55 out of 100. Rating: undervalued. Calculated from audited financials with 14 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 9, 2026.
How to read this chart
60‑month range R$2.52 – R$46.46 · fair‑value band R$3.69 – R$7.62 · the R$4.02 price screens below the R$5.22 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 9, 2026.
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Méliuz S.A., together with its subsidiaries, operate a virtual portal for the placement and dissemination of brands, products, services, and other advertising and publicity materials. It operates through B2C (BusinesstoCustomers)National; and Other segments.
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The company offers leasing of virtual advertising space for the insertion of texts, drawings, and other materials, as well as rental of space. The company was incorporated in 2011 and is based in São Bernardo do Campo, Brazil.
Stock analysis
Méliuz S.A (CASH3) currently trades at R$4.02, while our model-based Fair Value estimate is R$5.22, implying the stock looks roughly 23% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of R$11.44 per share, and 10 of the 14 models we run sit above the R$4.02 price.
Bear case: the Asset-Based group reads lowest at R$0.7000, and 4 of the 14 models stay below the price. Data coverage for this calculation is low.
Scenario range: R$3.69 (bear) to R$7.62 (bull), the price of R$4.02 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 55/100 (solid quality), in the Communication Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Méliuz S.A reported revenue of R$460M in FY2025 versus R$263M in FY2021, a compound +15.0%/yr. Reported net income was −R$621K in FY2025.
Key figures
Market cap R$455M (≈ $82.6M) Micro · P/S ratio 0.91 · EPS (TTM) R$−0.8800 · Dividend yield 0.1% · Net margin −20.3% · Return on equity −20.8% · Return on assets (EBIT) −0.7% (5-year average) · Operating margin 11.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 24 out of 100 (low confidence).
What moves the price
The share trades about 32% below its 52-week high and 24% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at 11% fair-value upside, at 30%, CASH3 screens cheaper than that median.
Fair Value models
BearR$3.69Fair Value R$5.22BullR$7.62
Price R$4.02 · Upside +29.8%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCFR$4.58R$5.87R$9.5880
Growth DCFR$4.34R$6.14R$8.9778
Owner EarningsR$1.53R$2.22R$3.3576
All 14 models by family
DCF Models
FCF DCFR$4.58R$5.87R$9.5880
Owner EarningsR$1.53R$2.22R$3.3576
5Y Revenue ExitR$6.39R$10.83R$20.1469
5Y EBITDA ExitR$6.96R$11.97R$21.8172
10Y Revenue ExitR$5.36R$11.10R$14.8466
10Y EBITDA ExitR$5.86R$12.03R$22.7764
Earnings-Based
EPVR$3.26R$3.51R$3.7274
Multiples
EV/EBITR$9.41R$12.31R$15.2166
EV/EBITDAR$8.75R$11.44R$14.1267
EV/RevenueR$7.30R$10.13R$12.9654
Asset-Based
NCAV (Graham)R$0.4600R$0.7000R$0.880054
Growth DCF
Growth DCFR$4.34R$6.14R$8.9778
Rev-Margin DCFR$6.93R$12.27R$23.2569
Economic Profit
ROIC CompounderR$3.26R$3.51R$3.7272
The fair value above starts from this blend and is adjusted for dilution from new shares.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.59/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+26.1%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.7%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+29.7%
Start year 2020 (pandemic). Over 10 years: +47.7% a year
Revenue growth 10 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+47.7%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
22.3% (2020) → 16.5% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
Price in line with expectations
The price assumes less growth than the company has delivered so far and about what analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+4.7%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+4.2%
Yearly sales growth analysts expect, extended to five years.
After inflation (Brazil: IMF forecast 3.3% a year to 2030, 5.4% from 2016 to 2025) that is about +1.4% a year for the price and +0.9% for the forecasts.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Internet Content & Information · 122 stocks
Beats the industry median on 7/11 measures
Overall it ranks above its industry peers.
Valuation
Quality Score55 · Below median
Fair Value upside+29.8% · Above median
Profitability
Return on assets−0.1% · Below median
Net margin (12 months)−20.3% · Bottom 25%
Operating margin (12 months)11.3% · Above median
Growth and dividend
Revenue growth (quarter YoY)18.2% · Above median
Dividend yield (12 months)0.1% · Bottom 25%
Valuation Multiplesvs Internet Content & Information median · lower = cheaper
P/B0.89× · Cheaper than median
P/S (12 months)0.92× · Cheaper than median
Price / free cash flow (fiscal year)11.2× · Cheaper than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Méliuz S.A Fair Value". https://www.fairvalue-calculator.com/stock/CASH3
Frequently asked questions
Is Méliuz S.A (CASH3) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of R$5.22 versus a price of R$4.02, about +30% upside (undervalued).
What is the fair value of CASH3?
Our model-based fair value for Méliuz S.A is R$5.22 (as of Nov 9, 2026), built from audited fundamentals. The current price: R$4.02.
What is the quality score of CASH3?
Méliuz S.A has a Quality Score of 55/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Méliuz S.A (CASH3)?
Our model-based price target is the fair value of R$5.22 (as of Nov 9, 2026) from 14 valuation models. Cautious scenario R$3.69, optimistic scenario R$7.62. It is a calculation from audited fundamentals, not an analyst target.
What is the Méliuz S.A stock forecast for 2026?
Our models put fair value at R$5.22, about +30% upside versus a price of R$4.02 (undervalued). Cautious scenario R$3.69, optimistic scenario R$7.62. The calculation is refreshed regularly with new filings.
What is the revenue of Méliuz S.A (CASH3)?
Méliuz S.A reported trailing-twelve-month revenue of about R$496M (latest available figure, as of Nov 9, 2026).
Does Méliuz S.A pay a dividend?
Méliuz S.A currently shows a dividend yield of 0.07% relative to its recent price (as of Nov 9, 2026).
How much is the dividend of Méliuz S.A (CASH3)?
Méliuz S.A has a dividend yield of 0.1%.
What growth is priced into Méliuz S.A (CASH3)?
For today's price to be fair in a discounted-cash-flow model, Méliuz S.A would have to grow free cash flow by +4.7 % per year for five years (discount rate 15.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +29.7 % per year. As of Nov 9, 2026.
What discount rate (WACC) does the fair value of CASH3 use?
Our models discount Méliuz S.A at 15.0 %: a base by market capitalisation (micro), damped by beta 0.80, country premium for Brazil. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Méliuz S.A that is +4.7 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (15.0 %) and the same formula as our fair value.
How much growth has Méliuz S.A (CASH3) delivered so far?
Over the past 5 years revenue at Méliuz S.A grew +29.7 % a year. The price currently implies free-cash-flow growth of +4.7 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Méliuz S.A (CASH3) growing?
The median revenue growth in the sector is +3.8 % a year. That is the yardstick for the growth priced into Méliuz S.A (+4.7 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Méliuz S.A (CASH3)?
The free-cash-flow yield on the price is 8.93 %: that much free cash flow Méliuz S.A produces per unit of market value. When it exceeds the discount rate of our models (15.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Méliuz S.A (CASH3)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Méliuz S.A it is R$5.22 per share (as of Nov 9, 2026), against a price of R$4.02. It is the blended result of 14 valuation models in 6 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is Méliuz S.A stock overvalued or undervalued in 2026?
As of Nov 9, 2026, CASH3 trades below its calculated fair value: price R$4.02, fair value R$5.22, a gap of about +30% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of CASH3?
No. The price is what the market pays today (R$4.02); the fair value is what the company's own numbers justify (R$5.22). For Méliuz S.A the two are R$1.20 per share apart. That gap is exactly why we show both numbers side by side.
How much is Méliuz S.A worth?
The market values Méliuz S.A at about R$455M (market capitalisation, as of Nov 9, 2026). Per share that is R$4.02; our models calculate a fair value of R$5.22 per share.
What do the bullish and bearish scenarios say about CASH3?
Our models span a range for Méliuz S.A: cautious scenario R$3.69, base R$5.22, optimistic R$7.62 per share (as of Nov 9, 2026, price R$4.02). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Méliuz S.A (CASH3)?
Balance-sheet figures for Méliuz S.A (as of Nov 9, 2026): return on equity −20.8%. They feed the Quality Score of 55/100, which measures business quality independently of the share price.
How far is CASH3 from its 52-week high?
Méliuz S.A trades at R$4.02, about 32% below its 52-week high of R$5.91 and 24% above the low of R$3.24 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of R$5.22 is for.
Which stocks are comparable to Méliuz S.A?
From the same area (Communication Services) we also value Alphabet Inc, Meta Platforms, Inc, Tencent Holdings, Spotify Technology S.A, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Méliuz S.A stock attractive at the current price?
The data as of Nov 9, 2026: price R$4.02, calculated fair value R$5.22 (+30%), Quality Score 55/100, from 14 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of CASH3 calculated?
We run Méliuz S.A through 14 models from 6 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of R$5.22 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Méliuz S.A currently trades 23% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Méliuz S.A (CASH3)?
The closing price on Nov 6, 2026 was R$4.02. Our model-based fair value is R$5.22, about +30% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Méliuz S.A right now?
Solid quality (55/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (R$3.69 to R$7.62) leaves room in how you read the outcome. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of Méliuz S.A
How large is the market capitalisation of Méliuz S.A (CASH3)?
The market capitalisation of Méliuz S.A is R$455M (≈ $82.6M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Méliuz S.A (CASH3)?
The price-to-sales ratio of Méliuz S.A is 0.91 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Méliuz S.A (CASH3)?
Earnings per share at Méliuz S.A are R$−0.8800. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Méliuz S.A (CASH3)?
The dividend yield of Méliuz S.A is 0.1%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Méliuz S.A (CASH3)?
The net margin of Méliuz S.A is −20.3% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Méliuz S.A (CASH3)?
The return on equity (ROE) of Méliuz S.A is −20.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Méliuz S.A (CASH3)?
On an EBIT basis the return on assets of Méliuz S.A is −0.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Méliuz S.A (CASH3)?
The operating margin of Méliuz S.A is 11.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Méliuz S.A (CASH3)?
Revenue at Méliuz S.A is growing +18.2% versus a year earlier (3y avg +7.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Méliuz S.A (CASH3)?
Earnings per share at Méliuz S.A are growing +19.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Méliuz S.A (CASH3) hold?
Méliuz S.A holds more cash than debt, R$72.9M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Thin data
Nov 9, 2026