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Alphaville S.A (AVLL3) Fair Value & Analysis

Real Estate · BR · Market cap R$82.0M (≈ $15.8M)

What is Alphaville S.A really worth?

AS Alphaville S.A AVLL3 · SA
PriceR$6.90
Fair ValueR$13.10
Upside+89.9%
Quality31/100

Below-average quality, trading 47% below our fair value of R$13.10.

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Strengths

Ranks above peers (6/9)

Risks

!Expensive Growth (revenue 5y +32.8 %/yr)
!Loss-making · -23.6% net margin
!Negative equity (buybacks among others) · negative free cash flow
!Narrow moat 36/100
!Evidence only low, so the estimate is less certain
Evidence: Low Range R$8.69 – R$17.51

Fair value as of: Aug 29, 2026

From 3 valuation models · updated 3 days ago

Fair value updated Aug 29, 2026, revised from R$13.37 to R$13.10 (−2.0%) since Aug 13, 2026. Share price −34.3% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The large discount to fair value meets weak quality (31/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (R$8.69). The market is more pessimistic than our downside scenario.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (R$8.69 to R$17.51) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

R$697.97 R$0.8700 Fair Value R$13.10 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 29, 2026.

How to read this chart

60‑month range R$0.8700 – R$697.97 · fair‑value band R$8.69 – R$17.51 · the R$6.90 price screens below the R$13.10 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 29, 2026.

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Analysis

Alphaville S.A (AVLL3) currently trades at R$6.90, while our model-based Fair Value estimate is R$13.10, implying the stock looks roughly 47.3% undervalued today. The Quality Score stands at 31/100 (below-average quality), in the Real Estate sector. How firm this estimate is: it rests on 5 models at a data quality of 95/100, which puts the evidence level at low.

Over the trailing twelve months, Alphaville S.A generated revenue of R$571M at a net margin of −23.6%. Revenue declined 10.9% year over year. Net debt stands at R$588M. Fundamentals as of Aug 29, 2026

Our scenario range runs from R$8.69 (bear case) to R$17.51 (bull case); at R$6.90, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Real Estate peers we cover trades at −19% fair-value upside, at 90%, AVLL3 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model 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. Evidence
Highest evidence
EV/EBITDA R$131.01 R$203.96 R$276.90 66
EV/EBIT R$192.14 R$285.46 R$378.78 65
EV/Revenue R$66.58 R$132.76 R$198.93 51
All 3 models by family
Multiples
EV/EBIT R$192.14 R$285.46 R$378.78 65
EV/EBITDA R$131.01 R$203.96 R$276.90 66
EV/Revenue R$66.58 R$132.76 R$198.93 51

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Key figures & financial health

P/S ratio 0.21 TTM
EPS (TTM) R$−0.6400
Net margin −21.5% FY2025
Return on equity −1,333% TTM
Return on assets (EBIT) −3.8% avg 5y
Operating margin 19.0% TTM
More key figures
Growth
Revenue (TTM) R$571M TTM
Revenue growth (YoY) −10.9% 3y avg +30.2%
EPS growth (YoY) −67.5%
Balance sheet & cash flow
Free cash flow −R$43.9M FY2025
Net debt R$588M FY2025

Figures from reported company fundamentals · as of Aug 29, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 31/100

Of which business quality 29 · Market factors (momentum, volatility) 15

Profitability 13
Margins and returns on capital today
Quality Growth 23
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 34
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 40
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Alphaville S.A. engages in residential subdivision business under the Alphaville brand in Brazil.It also offers real estate purchase and sale of residential and commercial properties and asset management. Alphaville S.A. was formerly known as Private Equity AE Investimentos e Participações S.A.

Full company description

Alphaville S.A. engages in residential subdivision business under the Alphaville brand in Brazil.It also offers real estate purchase and sale of residential and commercial properties and asset management. Alphaville S.A. was formerly known as Private Equity AE Investimentos e Participações S.A. The company was founded in 1973 and is based in São Paulo, Brazil.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Alphaville S.A reported revenue of R$585M in FY2025 versus R$228M in FY2021, a compound +26.6%/yr. Reported net income was −R$126M in FY2025.

Growth Quality 44/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
R$585M
Avg. revenue growth/yr (3Y) 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.
+43.9%
Avg. revenue growth/yr (5Y) 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.
+32.8%
Avg. revenue growth/yr (7Y) 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.
+30.0%
Value creation/yr 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
Revenue +26.6%/yr
FY21 R$228M
FY22 R$265M
FY23 R$479M
FY24 R$679M
FY25 R$585M
Net income
FY21 −R$377M
FY22 −R$411M
FY23 −R$584M
FY24 R$66.1M
FY25 −R$126M

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Cite: Fair Value Calculator (2026). "Alphaville S.A Fair Value". https://www.fairvalue-calculator.com/stock/AVLL3

Peer Group

Real Estate - Development · 596 stocks

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.

Quality Score 32 · Bottom 25%
Fair Value upside +90% · Top 25%
Return on assets 5% · Top 25%
Net margin (TTM) −24% · Bottom 25%
Operating margin (TTM) 19% · Above median
Revenue growth −11% · Below median

Valuation Multiples vs Real Estate - Development median · lower = cheaper

P/S (TTM) 0.03× · Cheaper than 75% of peers
EV/EBITDA 5.9× · Cheaper than median

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 48
FUTURE0 · sector 0
PAST0 · sector 9
HEALTH100 · sector 85
DIVIDEND0 · sector 55

PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.

Insider activity: 40/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Aug 29, 2026).

Stock Price Fair Value vs Fair Value
Sun Hung Kai Properties Limited 80016 HK$109.70 HK$88.93 −19%
China Resources Land Limited 1109 HK$35.24 HK$72.16 +105%
Vinhomes Joint Stock Company VHM 71,700 VND 109,431 VND +53%
CK Asset Holdings 1113 HK$46.12 HK$68.85 +49%
Hongkong Land Holdings H78 $8.20 $1.52 −81%
DLF Limited DLF ₹667.10 ₹170.24 −74%
China Overseas Land & Investment Limited 0688 HK$13.76 HK$22.92 +67%
Macrotech Developers Limited LODHA ₹1,244 ₹583.42 −53%
Sino Land Company 0083 HK$10.33 HK$6.99 −32%
PT Pantai Indah Kapuk Dua Tbk, PANI 5,925 IDR 1,325 IDR −78%

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Frequently asked questions

Is Alphaville S.A (AVLL3) overvalued or undervalued?
As of Aug 29, 2026, our model estimates a fair value of R$13.10 versus a price of R$6.90, about +90% upside (undervalued).
What is the fair value of AVLL3?
Our model-based fair value for Alphaville S.A is R$13.10 (as of Aug 29, 2026), built from audited fundamentals. The current price: R$6.90.
What is the quality score of AVLL3?
Alphaville S.A has a Quality Score of 31/100. 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 revenue of Alphaville S.A (AVLL3)?
Alphaville S.A reported trailing-twelve-month revenue of about R$571M (latest available figure, as of Aug 29, 2026).
What is the net profit margin of AVLL3?
The net profit margin of Alphaville S.A is about −23.6%, meaning it is currently running at a net loss. Based on the latest reported figures.
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