BB Seguridade Participações S.A (BBSE3) Fair Value & Analysis
Financial Services · BR · Market cap R$78.2B
Fair value as of: Jul 16, 2026
From 25 valuation models · updated 22 days ago
Share price +6.3% over the past month.
A strong business, screening 47% undervalued on our models.
What matters now
- The rarer combination: high quality (80/100) AND below fair value. That earns a closer look rather than a quick verdict.
- The price is below even our cautious bear case (R$45.29). The market is more pessimistic than our downside scenario.
- For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.
How to read this chart
60‑month range R$11.87 – R$42.40 · fair‑value band R$45.29 – R$75.48 · the R$40.96 price screens below the R$60.39 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.
Analysis
BB Seguridade Participações S.A (BBSE3) currently trades at R$40.96, while our model-based Fair Value estimate is R$60.39, implying the stock looks roughly 47.4% undervalued today. We read business quality at 80/100 (high quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.
Over the trailing twelve months, BB Seguridade Participações S.A generated revenue of R$10.5B at a net margin of 87.8%. Revenue grew 6.0% year over year. It earns a return on equity of 75.7%. The balance sheet holds a net cash position of R$9.1B. Fundamentals as of Jul 16, 2026
Our scenario range runs from R$45.29 (bear case) to R$75.48 (bull case); at R$40.96, 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. The share trades near its 52-week high and 42% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -15% fair-value upside, at 47%, BBSE3 screens cheaper than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted 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.
All 25 models by family
Widest divergence: Growth Earnings (R$73.46) versus Asset-Based (R$3.58). Highest evidence: Residual Income (76).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 74 · Market factors (momentum, volatility) 80
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.
About the company
BB Seguridade Participações S.A., through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil. The company operates through two segments, Insurance and Brokerage.
Full company description
BB Seguridade Participações S.A., through its subsidiaries operates in the insurance, pension plans, and bonds, businesses in Brazil. The company operates through two segments, Insurance and Brokerage. The Insurance segment offers insurance products and services, including life, property and vehicle insurance, property insurance, rural, special risks and financial, transport, hulls, and housing people, as well as supplementary pension, dental, and capitalization plans. Its Brokerage segment engages in the brokerage and administration, implementation, promotion, and viability of insurance businesses in the basic, life, and capitalization sectors, as well as open pension plans and dental plans. The company was founded in 1981 and is headquartered in Brasília, Brazil. BB Seguridade Participações S.A. operates as a subsidiary of Banco do Brasil S.A.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
BB Seguridade Participações S.A reported revenue of R$6.0B in FY2025 versus R$5.3B in FY2021, a compound +2.8%/yr. Reported net income was R$9.0B in FY2025, compounding +23.1%/yr from FY2021.
Watch BBSE3: get an alert when its fair value changes →
Earlier news
External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.
- Is BB Seguridade Participacoes (BBSEY) Outperforming Other Finance Stocks This Year?
- BB Seguridade (BOVESPA:BBSE3) Stock Gets Fair Value Bump After Market Perform Upgrade
- What Makes BB Seguridade Participacoes (BBSEY) a New Buy Stock
- How The Investment Story For BB Seguridade (BOVESPA:BBSE3) Is Shifting After Analyst Downgrades
Peer Group
Insurance - Diversified · 84 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.
Valuation Multiples vs Insurance - Diversified median · lower = cheaper
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.
Insider activity: 45/100
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Insurance - Diversified stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Berkshire Hathaway Inc BRKB | 8,562 MXN | 10,844 MXN | +27% |
| Allianz SE ALV | €421.00 | €369.31 | -12% |
| Zurich Insurance Group ZURN | CHF 624.40 | CHF 619.80 | -1% |
| AXA SA AXAN | 888.28 MXN | 1,249 MXN | +41% |
| Assicurazioni Generali S.p.A G | €42.90 | €12.18 | -72% |
| Sun Life Financial Inc SLF | C$114.20 | C$87.83 | -23% |
| Tryg A/S TRYG | kr 154.00 | kr 116.45 | -24% |
| PT Sinar Mas Multiartha Tbk SMMA | 20,625 IDR | 4,176 IDR | -80% |
| Caixa Seguridade Participações S.A CXSE3 | R$21.77 | R$18.60 | -15% |
| ICICI Lombard General Insurance Company ICICIGI | ₹1,624 | ₹721.66 | -56% |
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Frequently asked questions
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How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
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