EN DE
STOCK COMPARISON

Allpark Empreendimentos Participações e Serviços S.A vs Merchant Express Class A: Fair Value & Quality

Both stocks run through our valuation models. Here is how Allpark Empreendimentos Participações e Serviços S.A (ALPK3) and Merchant Express Class A (001965) compare, as of Aug 11, 2026.

As of Aug 11, 2026, Fair Value Calculator sees Merchant Express Class A as the less overvalued of the two: Allpark Empreendimentos Participações e Serviços S.A trades at BRL 4.35 versus a fair value of BRL 1.05 (-76%), while Merchant Express Class A trades at ¥9.43 versus ¥9.16 (-3%).
Allpark Empreendimentos Participações e Serviços S.A
ALPK3.SA · BRL · Industrials
-76%
upside to fair value
overvalued
PriceBRL 4.35
Fair ValueBRL 1.05
Quality58/100
Merchant Express Class A
001965.SHE · CNY · Industrials
-3%
upside to fair value
fairly valued
Price¥9.43
Fair Value¥9.16
Quality59/100

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Allpark Empreendimentos Participações e Serviços S.AMerchant Express Class A
Valuation
70.0×P/E (TTM)15.0×
0.47×P/S (TTM)4.77×
2.58×P/B0.91×
4.3×EV/EBITDA16.3×
0.2%Dividend yield3.8%
BRL 0.01Dividend per share¥0.37
Profitability
1%Net margin33%
13%Operating margin20%
6%Return on equity6%
7%Return on assets1%
Growth
16%Revenue growth (YoY)27%
18.9%Avg. growth/yr (3Y)17.2%
23.6%Avg. growth/yr (5Y)13.6%
Balance & size
2.22×Debt / equity0.65×
$180MMarket cap$10B
healthyGrowth qualityhealthy

Merchant Express Class A leads: 5 to 7 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Allpark Empreendimentos Participações e Serviços S.Aof which business quality 56 · market factors 60 Merchant Express Class Aof which business quality 57 · market factors 47
ProfitabilityMargins and returns on capital today
30
34
Quality GrowthAre margins and returns improving?
69
48
CashflowEarnings quality: real cash, not paper profit
81
85
Fin. StrengthBalance sheet, leverage, solvency risk
24
33
InvestmentDisciplined investing over empire-building
84
55
Low VolatilityCalm price path (market factor)
58
92
MomentumPrice trend over the last 3–12 months (market factor)
54
33
52W MomentumDistance to the 52-week high (market factor)
71
19
Net IssuanceBuybacks instead of dilution
73
94

What the models say

The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.

Allpark Empreendimentos Participações e Serviços S.A

DCF ModelsBRL 20.23
Earnings-BasedBRL 0.87
Dividend DiscountBRL 0.46
MultiplesBRL 6.31
Asset-BasedBRL 1.09
Growth DCFBRL 23.62
Economic ProfitBRL 5.29
Growth EarningsBRL 0.74

12 of 26 models see the stock below the current price.

Merchant Express Class A

DCF Models¥12.99
Earnings-Based¥10.25
Dividend Discount¥11.63
Multiples¥7.50
Asset-Based¥7.32
Growth DCF¥8.98
Economic Profit¥9.16
Growth Earnings¥15.42

8 of 23 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

Allpark Empreendimentos Participações e Serviços S.A
Bear BRL 0.52Fair Value BRL 1.05Bull BRL 1.05
BRL 4.35 = current price (white tick)
Merchant Express Class A
Bear ¥8.65Fair Value ¥9.16Bull ¥10.93
¥9.43 = current price (white tick)

Compare two other stocks

Tap a field and type again, ticker or company name.

Free, no sign-up

Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Allpark Empreendimentos Participações e Serviços S.A · Industrials

Quality score58 · above median
Fair value upside-76% · bottom 25%

Merchant Express Class A · Industrials

Quality score59 · above median
Fair value upside-3% · above median

Bottom line

As of Aug 11, 2026, Fair Value Calculator sees Merchant Express Class A as the less overvalued of the two: Allpark Empreendimentos Participações e Serviços S.A trades at BRL 4.35 versus a fair value of BRL 1.05 (-76%), while Merchant Express Class A trades at ¥9.43 versus ¥9.16 (-3%).

Merchant Express Class A has the higher quality score (59/100).

See the full analysis →

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

Free · Top-25 report

See the undervalued quality stocks every month

Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.

A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.