Baumer S.A (BALM3) fair value: what the stock is really worth
As of Sep 30, 2026: fair value of Baumer S.A BRL 40.65, price BRL 26.00, upside +56.4%, quality 70 out of 100. Calculated from audited financials with 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, dashed = 300-day average. As of Oct 2, 2026.
How to read this chart
60‑month range R$3.70 – R$30.00 · fair‑value band R$30.48 – R$50.81 · the R$26.00 price screens below the R$40.65 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 2, 2026.
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Baumer S.A., together with its subsidiaries, engages in the development, industrialization, trade, production, import, export, and technical assistance in products for hospitals and industries related to the health area in Brazil and internationally.
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Baumer S.A., together with its subsidiaries, engages in the development, industrialization, trade, production, import, export, and technical assistance in products for hospitals and industries related to the health area in Brazil and internationally. The company offers orthopedic devices, such as conventional prosthesis, spine and neurosurgery, non-conventional prosthesis, trauma, and biomaterials; and hospital equipment, including CSSD, surgical center and ICU, and sterilization process monitoring. It also provides life science equipment comprising pharmaceutical production and research laboratory; bone regeneration consisting of structural, raw material, and specialties; and maintenance, sterilization process monitoring, rental, CME equipment management, technological update, and replacement parts, as well as inspection, qualification, and calibration services. In addition, the company offers the Baumer Academy platform for specialized courses in the areas of hospital equipment, bone regeneration, and orthopedic devices. Baumer S.A. was incorporated in 1952 and is headquartered in Pacaembu, Brazil.
Stock analysis
Baumer S.A (BALM3) currently trades at R$26.00, while our model-based Fair Value estimate is R$40.65, implying the stock looks roughly 36.0% undervalued today.
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Valuation
Bull case: the Dividend Discount group reads highest at a median of R$94.36 per share, and 22 of the 26 models we run sit above the R$26.00 price.
Bear case: the Asset-Based group reads lowest at R$10.48, and 4 of the 26 models stay below the price. Evidence for this calculation is medium.
Scenario range: R$30.48 (bear) to R$50.81 (bull), the price of R$26.00 sits below 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 70/100 (solid quality), in the Healthcare sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Baumer S.A reported revenue of R$214M in FY2025 versus R$268M in FY2021, a compound −5.5%/yr. Reported net income was R$18.1M in FY2025, compounding +15.6%/yr from FY2021.
Key figures
Market cap R$254M (≈ $48.7M) · P/E ratio 10.1 · P/S ratio 0.85 · EPS (TTM) R$2.18 · Net margin 8.5% · Return on equity 14.8% · Return on assets (EBIT) 8.7% · Operating margin 14.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 51 out of 100 (low confidence).
What moves the price
The share trades about 13% below its 52-week high and 46% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Healthcare peers we cover trades at −37% fair-value upside, at 56%, BALM3 screens cheaper than that median.
Fair Value models
Bear R$30.48Fair Value R$40.65Bull R$50.81
Price R$26.00 · Upside +56.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (R$1.65 per share) are deliberately not added.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.Evidence ⓘEvidence = 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.
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.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+10.0%
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.
−13.4%
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.
−8.1%
Start year 2020 (pandemic). Over 10 years: +6.7% a year
Revenue growth 22 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.
+7.9%
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What shareholders gained per year (last 5 years), in BRL (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. Measured in BRL: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+15.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year+15.6%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.12.3% vs 4.6%, picking up
Profit margin 2020 to 2025 ⓘ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.7% → 19%
2025 sits 102% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Start year 2020 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
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).
−17.8%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Brazil: IMF forecast 3.3% a year to 2030, 5.4% from 2016 to 2025) that is about −20.4% a year for the price.
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.Medical Instruments & Supplies · 190 stocks
Beats the industry median on 11/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score70 · Top 25%
Fair Value upside+56.3% · Top 25%
Profitability
Return on equity (TTM)14.8% · Top 25%
Return on assets7.5% · Top 25%
Net margin (TTM)11.0% · Above median
Operating margin (TTM)14.1% · Above median
Growth and dividend
Revenue growth−12.5% · Bottom 25%
Balance sheet
Debt / equity0.12× · Above median
Valuation Multiplesvs Medical Instruments & Supplies median · lower = cheaper
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). "Baumer S.A Fair Value". https://www.fairvalue-calculator.com/stock/BALM3
Frequently asked questions
Is Baumer S.A (BALM3) overvalued or undervalued?
As of Oct 2, 2026, our model estimates a fair value of R$40.65 versus a price of R$26.00, about +56% upside (undervalued).
What is the fair value of BALM3?
Our model-based fair value for Baumer S.A is R$40.65 (as of Oct 2, 2026), built from audited fundamentals. The current price: R$26.00.
What is the quality score of BALM3?
Baumer S.A has a Quality Score of 70/100. 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 Baumer S.A (BALM3)?
Our model-based price target is the fair value of R$40.65 (as of Oct 2, 2026) from 26 valuation models. Cautious scenario R$30.48, optimistic scenario R$50.81. It is a calculation from audited fundamentals, not an analyst target.
What is the Baumer S.A stock forecast for 2026?
Our models put fair value at R$40.65, about +56% upside versus a price of R$26.00 (undervalued). Cautious scenario R$30.48, optimistic scenario R$50.81. The calculation is refreshed regularly with new filings.
What is the revenue of Baumer S.A (BALM3)?
Baumer S.A reported trailing-twelve-month revenue of about R$205M (latest available figure, as of Oct 2, 2026).
What growth is priced into Baumer S.A (BALM3)?
For today's price to be fair in a discounted-cash-flow model, Baumer S.A would have to grow free cash flow by -17.8 % per year for five years (discount rate 11.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -8.1 % per year. As of Oct 2, 2026.
What discount rate (WACC) does the fair value of BALM3 use?
Our models discount Baumer S.A at 11.2 %: a base by market capitalisation (nano), damped by beta 0.40, 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 Baumer S.A that is -17.8 % per year a year over ten years, using the same discount rate (11.2 %) and the same formula as our fair value.
How much growth has Baumer S.A (BALM3) delivered so far?
Over the past 5 years revenue at Baumer S.A grew -8.1 % a year. The price currently implies -17.8 % per year free-cash-flow growth a 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 Baumer S.A (BALM3) growing?
The median revenue growth in the sector is +5.2 % a year. That is the yardstick for the growth priced into Baumer S.A (-17.8 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Baumer S.A (BALM3)?
The free-cash-flow yield on the price is 21.20 %: that much free cash flow Baumer S.A produces per unit of market value. When it exceeds the discount rate of our models (11.2 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Baumer S.A (BALM3)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Baumer S.A it is R$40.65 per share (as of Oct 2, 2026), against a price of R$26.00. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is Baumer S.A stock overvalued or undervalued in 2026?
As of Oct 2, 2026, BALM3 trades below its calculated fair value: price R$26.00, fair value R$40.65, a gap of about +56% (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 BALM3?
No. The price is what the market pays today (R$26.00); the fair value is what the company's own numbers justify (R$40.65). For Baumer S.A the two are R$14.65 per share apart. That gap is exactly why we show both numbers side by side.
How much is Baumer S.A worth?
The market values Baumer S.A at about R$254M (market capitalisation, as of Oct 2, 2026). Per share that is R$26.00; our models calculate a fair value of R$40.65 per share.
What do the bullish and bearish scenarios say about BALM3?
Our models span a range for Baumer S.A: cautious scenario R$30.48, base R$40.65, optimistic R$50.81 per share (as of Oct 2, 2026, price R$26.00). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of BALM3?
Baumer S.A trades at a price-to-earnings ratio of 10.1 (as of Oct 2, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of R$40.65 is built from several models across several years. Other multiples: P/B 1.7, P/S 1.2, EV/EBITDA 6.3.
How solid is the balance sheet of Baumer S.A (BALM3)?
Balance-sheet figures for Baumer S.A (as of Oct 2, 2026): return on equity 14.8%, debt of 0.12 per unit of equity. They feed the Quality Score of 70/100, which measures business quality independently of the share price.
How far is BALM3 from its 52-week high?
Baumer S.A trades at R$26.00, about 13% below its 52-week high of R$30.00 and 46% above the low of R$17.82 (as of Sep 30, 2026). Distance from the high says nothing about value: that is what the fair value of R$40.65 is for.
Which stocks are comparable to Baumer S.A?
From the same area (Healthcare) we also value Intuitive Surgical, Inc, EssilorLuxottica Société anonyme, Becton, Dickinson and Company, Medline Inc, 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 Baumer S.A stock attractive at the current price?
The data as of Oct 2, 2026: price R$26.00, calculated fair value R$40.65 (+56%), Quality Score 70/100, from 26 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 BALM3 calculated?
We run Baumer S.A through 26 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of R$40.65, 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 14.9 % above its aggregate fair value. Baumer S.A currently trades 36 % 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 Baumer S.A (BALM3)?
The closing price on Sep 30, 2026 was R$26.00. Our model-based fair value is R$40.65, about +56% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Baumer S.A right now?
The rarer combination: high quality (70/100) AND below fair value. That earns a closer look rather than a quick verdict. The price is below even our cautious bear case (R$30.48). The market is more pessimistic than our downside scenario.
Where does the earnings growth of Baumer S.A (BALM3) come from?
Earnings per share at Baumer S.A grew +8.2 % a year from 2014 to 2025. Broken into its drivers: revenue per share +6.0 %, EBIT margin +1.4 %, tax rate +0.8 %, residual (interest, one-offs) −0.2 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Baumer S.A
How large is the market capitalisation of Baumer S.A (BALM3)?
The market capitalisation of Baumer S.A is R$254M (≈ $48.7M). 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 Baumer S.A (BALM3)?
The price-to-sales ratio of Baumer S.A is 0.85 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Baumer S.A (BALM3)?
Earnings per share at Baumer S.A are R$2.18 (price ÷ EPS = P/E 10.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Baumer S.A (BALM3)?
The net margin of Baumer S.A is 8.5% (fiscal year 2025). 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 Baumer S.A (BALM3)?
The return on equity (ROE) of Baumer S.A is 14.8% (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 Baumer S.A (BALM3)?
On an EBIT basis the return on assets of Baumer S.A is 8.7% (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 Baumer S.A (BALM3)?
The operating margin of Baumer S.A is 14.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Baumer S.A (BALM3)?
Revenue at Baumer S.A is growing −12.5% versus a year earlier (3y avg −13.4%). 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 Baumer S.A (BALM3)?
Earnings per share at Baumer S.A are growing +65.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Baumer S.A (BALM3) carry?
The net debt of Baumer S.A is R$5.4M (fiscal year 2025, ≈ 0.1 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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