Bicicletas Monark S.A (BMKS3) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of Bicicletas Monark S.A BRL 1,110, price BRL 370, upside +200.0%, quality 76 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Bicicletas Monark S.A for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
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 Sep 24, 2026.
How to read this chart
60‑month range R$104.38 – R$471.79 · fair‑value band R$832.50 – R$1,796 · the R$370.00 price screens below the R$1,110 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Follow Bicicletas Monark in your weekly email
Every Wednesday you see whether Bicicletas Monark is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Bicicletas Monark S.A. manufactures and sells bicycles in Brazil. The company provides steel, aluminum, transport line, ride line, and a children's line, BMX, BRISA and KIDS models. Bicicletas Monark S.A. was formerly known as Monark Indústria e Comércio Ltda. The company was founded in 1948 and is based in São Paulo, Brazil. Bicicletas Monark S.A.
Show more
Bicicletas Monark S.A. manufactures and sells bicycles in Brazil. The company provides steel, aluminum, transport line, ride line, and a children's line, BMX, BRISA and KIDS models. Bicicletas Monark S.A. was formerly known as Monark Indústria e Comércio Ltda. The company was founded in 1948 and is based in São Paulo, Brazil. Bicicletas Monark S.A. operates as a subsidiary of Monark Participações Ltda.
Stock analysis
Bicicletas Monark S.A (BMKS3) currently trades at R$370.00, while our model-based Fair Value estimate is R$1,110, implying the stock looks roughly 66.7% undervalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of R$2,158 per share, and 15 of the 17 models we run sit above the R$370.00 price.
Bear case: the Asset-Based group reads lowest at R$280.32, and 2 of the 17 models stay below the price. Evidence for this calculation is low.
Scenario range: R$832.50 (bear) to R$1,796 (bull), the price of R$370.00 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 76/100 (high quality), in the Consumer Cyclical sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Bicicletas Monark S.A reported revenue of R$14.5M in FY2025 versus R$17.6M in FY2021, a compound −4.8%/yr. Reported net income was R$59.0M in FY2025, compounding +64.5%/yr from FY2021.
Key figures
Market cap R$168M (≈ $32.4M) · P/E ratio 2.8 · P/S ratio 11.5 · EPS (TTM) R$130.96 · Net margin 445% · Return on equity 28.8% · Return on assets (EBIT) −3.1% · Operating margin −75.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 52 out of 100 (low confidence).
What moves the price
The share trades about 22% below its 52-week high and 18% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at 38% fair-value upside, at 200%, BMKS3 screens cheaper than that median.
Fair Value models
Bear R$832.50Fair Value R$1,110Bull R$1,796
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$0.6623 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.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 is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−3.8%
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.
−7.8%
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.
−7.8%
Start year 2020 (pandemic). Over 10 years: −3.5% a year
Revenue growth 25 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.
−7.0%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
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.
+64.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year+64.5%
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.76% vs 18%, 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.−11% → −143%
2025 sits 231% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Start year 2020 (pandemic)
⚠ Revenue per share shrinking 7.4%/yr over ~10Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Growth Forecast
Little optimism in the price
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).
less than -40 %
Yearly growth needed for the next five years to justify today's price.
Price, fair value, quality and upside side by side.
Free, no sign-up
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.Leisure · 190 stocks
Beats the industry median on 7/11 measures
Overall it ranks above its industry peers.
Valuation
Quality Score76 · Top 25%
Fair Value upside+200% · Top 25%
Profitability
Return on equity (TTM)29% · Top 25%
Return on assets−2% · Bottom 25%
Operating margin (TTM)−76% · Bottom 25%
Growth and dividend
Revenue growth−34% · Bottom 25%
Dividend yield (TTM)33.4% · Top 25%
Valuation Multiplesvs Leisure 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.
Is Bicicletas Monark S.A (BMKS3) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of R$1,110 versus a price of R$370.00, about +200% upside (undervalued).
What is the fair value of BMKS3?
Our model-based fair value for Bicicletas Monark S.A is R$1,110 (as of Sep 24, 2026), built from audited fundamentals. The current price: R$370.00.
What is the quality score of BMKS3?
Bicicletas Monark S.A has a Quality Score of 76/100. 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 Bicicletas Monark S.A (BMKS3)?
Our model-based price target is the fair value of R$1,110 (as of Sep 24, 2026) from 17 valuation models. Cautious scenario R$832.50, optimistic scenario R$1,796. It is a calculation from audited fundamentals, not an analyst target.
What is the Bicicletas Monark S.A stock forecast for 2026?
Our models put fair value at R$1,110, about +200% upside versus a price of R$370.00 (undervalued). Cautious scenario R$832.50, optimistic scenario R$1,796. The calculation is refreshed regularly with new filings.
What is the revenue of Bicicletas Monark S.A (BMKS3)?
Bicicletas Monark S.A reported trailing-twelve-month revenue of about R$13.4M (latest available figure, as of Sep 24, 2026).
What growth is priced into Bicicletas Monark S.A (BMKS3)?
For today's price to be fair in a discounted-cash-flow model, Bicicletas Monark S.A would have to grow free cash flow by less than minus 40 % 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 -7.8 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of BMKS3 use?
Our models discount Bicicletas Monark S.A at 11.2 %: a base by market capitalisation (nano), damped by beta 0.08, 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 Bicicletas Monark S.A that is less than minus 40 % 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 Bicicletas Monark S.A (BMKS3) delivered so far?
Over the past 5 years revenue at Bicicletas Monark S.A grew -7.8 % a year. The price currently implies less than minus 40 % 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 Bicicletas Monark S.A (BMKS3) growing?
The median revenue growth in the sector is +2.6 % a year. That is the yardstick for the growth priced into Bicicletas Monark S.A (less than minus 40 % 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 Bicicletas Monark S.A (BMKS3)?
The free-cash-flow yield on the price is 35.20 %: that much free cash flow Bicicletas Monark 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 Bicicletas Monark S.A (BMKS3)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Bicicletas Monark S.A it is R$1,110 per share (as of Sep 24, 2026), against a price of R$370.00. It is the blended result of 17 valuation models (cash flow, earnings, asset, dividend).
Is Bicicletas Monark S.A stock overvalued or undervalued in 2026?
As of Sep 24, 2026, BMKS3 trades below its calculated fair value: price R$370.00, fair value R$1,110, a gap of about +200% (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 BMKS3?
No. The price is what the market pays today (R$370.00); the fair value is what the company's own numbers justify (R$1,110). For Bicicletas Monark S.A the two are R$740.00 per share apart. That gap is exactly why we show both numbers side by side.
How much is Bicicletas Monark S.A worth?
The market values Bicicletas Monark S.A at about R$168M (market capitalisation, as of Sep 24, 2026). Per share that is R$370.00; our models calculate a fair value of R$1,110 per share.
What do the bullish and bearish scenarios say about BMKS3?
Our models span a range for Bicicletas Monark S.A: cautious scenario R$832.50, base R$1,110, optimistic R$1,796 per share (as of Sep 24, 2026, price R$370.00). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of BMKS3?
Bicicletas Monark S.A trades at a price-to-earnings ratio of 2.8 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of R$1,110 is built from several models across several years. Other multiples: P/B 0.2, P/S 2.5.
How solid is the balance sheet of Bicicletas Monark S.A (BMKS3)?
Balance-sheet figures for Bicicletas Monark S.A (as of Sep 24, 2026): return on equity 28.8%. They feed the Quality Score of 76/100, which measures business quality independently of the share price.
How far is BMKS3 from its 52-week high?
Bicicletas Monark S.A trades at R$370.00, about 22% below its 52-week high of R$471.79 and 18% above the low of R$312.33 (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of R$1,110 is for.
Which stocks are comparable to Bicicletas Monark S.A?
From the same area (Consumer Cyclical) we also value ANTA Sports Products Limited, Pop Mart International Group, Amer Sports, Inc, Hasbro, 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 Bicicletas Monark S.A stock attractive at the current price?
The data as of Sep 24, 2026: price R$370.00, calculated fair value R$1,110 (+200%), Quality Score 76/100, from 17 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 BMKS3 calculated?
We run Bicicletas Monark S.A through 17 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$1,110, 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 14.0 % above its aggregate fair value. Bicicletas Monark S.A currently trades 200 % 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 Bicicletas Monark S.A (BMKS3)?
The closing price on Sep 24, 2026 was R$370.00. Our model-based fair value is R$1,110, about +200% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Bicicletas Monark S.A right now?
The rarer combination: high quality (76/100) AND below fair value. That earns a closer look rather than a quick verdict. The price is below even our cautious bear case (R$832.50). 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$832.50 to R$1,796) leaves room in how you read the outcome.
Key figures of Bicicletas Monark S.A
How large is the market capitalisation of Bicicletas Monark S.A (BMKS3)?
The market capitalisation of Bicicletas Monark S.A is R$168M (≈ $32.4M). 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 Bicicletas Monark S.A (BMKS3)?
The price-to-sales ratio of Bicicletas Monark S.A is 11.5 (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 Bicicletas Monark S.A (BMKS3)?
Earnings per share at Bicicletas Monark S.A are R$130.96 (price ÷ EPS = P/E 2.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Bicicletas Monark S.A (BMKS3)?
The net margin of Bicicletas Monark S.A is 445% (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 Bicicletas Monark S.A (BMKS3)?
The return on equity (ROE) of Bicicletas Monark S.A is 28.8% (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 Bicicletas Monark S.A (BMKS3)?
On an EBIT basis the return on assets of Bicicletas Monark S.A is −3.1% (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 Bicicletas Monark S.A (BMKS3)?
The operating margin of Bicicletas Monark S.A is −75.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Bicicletas Monark S.A (BMKS3)?
Revenue at Bicicletas Monark S.A is growing −33.6% versus a year earlier (3y avg −7.8%). 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 Bicicletas Monark S.A (BMKS3)?
Earnings per share at Bicicletas Monark S.A are growing +15.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does Bicicletas Monark S.A (BMKS3) hold?
Bicicletas Monark S.A holds more cash than debt, R$159M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch Bicicletas Monark S.A in the live analysis
One click puts Bicicletas Monark S.A on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
