Brava Energia S.A (BVENY) fair value: what the stock is really worth
As of Oct 23, 2026: fair value (intrinsic value) of Brava Energia S.A stock $12.51, price $4.17, upside +200.0%, quality 48 out of 100. Rating: strongly undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Fair value above price?Yes
Good quality?No
Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with oneYes, for free
Brava Energia S.A. engages in the exploration and production of oil and natural gas in Brazil. It is also involved in treatment, refining, and processing, as well as engages in the trading of oil, gas and derivatives.
Show moreShow less
The company was formerly known as 3R Petroleum Óleo e Gás S.A. and changed its name to Brava Energia S.A. in September 2024. The company was founded in 2010 and is headquartered in Rio De Janeiro, Brazil.
Stock analysis
Brava Energia S.A (BVENY) currently trades at $4.17, while our model-based Fair Value estimate is $12.51, implying the stock looks roughly 66.7% undervalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of $26.17 per share, and 18 of the 25 models we run sit above the $4.17 price.
Bear case: the Multiples group reads lowest at $5.35, and 7 of the 25 models stay below the price. Data coverage for this calculation is low.
Scenario range: $6.88 (bear) to $16.26 (bull), the price of $4.17 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 48/100 (below-average quality), in the Energy sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Brava Energia S.A reported revenue of R$11.6B in FY2025 versus R$1.7B in FY2022, a compound +89.0%/yr. Reported net income was R$1.4B in FY2025, compounding +111.3%/yr from FY2022.
Key figures
Market cap $1.9B Small · P/E ratio 208.5 · P/S ratio 0.16 · EPS (TTM) $0.0200 · Dividend yield 0.7% · Net margin 0.4% · Return on equity 0.4% · Return on assets (EBIT) 5.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 43 out of 100 (low confidence).
What moves the price
For context, the median of 10 Energy peers we cover trades at 10% fair-value upside, at 200%, BVENY screens cheaper than that median.
Fair Value models
Bear$6.88Fair Value $12.51Bull$16.26
Price $4.17 · Upside +200.0%
Capped: our models arrive at a very high value here. We deliberately show a more cautious Fair Value.
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.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.Coverage ⓘCoverage = 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.90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+33.2%
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.
+89.0%
’22
’23
’24
’25
What shareholders gained per year (last 3 years), in BRL ⓘ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 3 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. Basis: EBIT basis. 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.
≈ +9.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year+8.5%
Dividend (yield on the price)0.7%
⚠ Rate on operating basis: 2025 sits 152% above its own trend.
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far and less than analysts expect.
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).
−8.5%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+4.5%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in BRL, Brazil: IMF forecast 3.3% a year to 2030, 5.4% from 2016 to 2025) that is about −11.4% a year for the price and +1.2% for the forecasts.
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.Oil & Gas E&P · 260 stocks
Beats the industry median on 7/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score48 · Above median
Fair Value upside+200.0% · Top 25%
Profitability
Return on equity (12 months)0.4% · Below median
Return on assets3.3% · Above median
Net margin (12 months)0.4% · Below median
Operating margin (12 months)31.9% · Below median
Growth and dividend
Revenue growth (quarter YoY)14.5% · Below median
Dividend yield (12 months)0.7% · Bottom 25%
Balance sheet
Debt / equity1.31× · Highest 25%
Valuation Multiplesvs Oil & Gas E&P 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). "Brava Energia S.A Fair Value". https://www.fairvalue-calculator.com/stock/BVENY
Frequently asked questions
Is Brava Energia S.A (BVENY) overvalued or undervalued?
As of Oct 26, 2026, our model estimates a fair value of $12.51 versus a price of $4.17, about +200% upside (undervalued).
What is the fair value of BVENY?
Our model-based fair value for Brava Energia S.A is $12.51 (as of Oct 26, 2026), built from audited fundamentals. The current price: $4.17.
What is the quality score of BVENY?
Brava Energia S.A has a Quality Score of 48/100. 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 Brava Energia S.A (BVENY)?
Our model-based price target is the fair value of $12.51 (as of Oct 26, 2026) from 26 valuation models. Cautious scenario $6.88, optimistic scenario $16.26. It is a calculation from audited fundamentals, not an analyst target.
What is the Brava Energia S.A stock forecast for 2026?
Our models put fair value at $12.51, about +200% upside versus a price of $4.17 (undervalued). Cautious scenario $6.88, optimistic scenario $16.26. The calculation is refreshed regularly with new filings.
What is the revenue of Brava Energia S.A (BVENY)?
Brava Energia S.A reported trailing-twelve-month revenue of about R$12.3B (latest available figure, as of Oct 26, 2026).
Does Brava Energia S.A pay a dividend?
Brava Energia S.A currently shows a dividend yield of 0.72% relative to its recent price (as of Oct 26, 2026).
What growth is priced into Brava Energia S.A (BVENY)?
For today's price to be fair in a discounted-cash-flow model, Brava Energia S.A would have to grow free cash flow by -8.5 % per year for five years (discount rate 11.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 3 years revenue grew +89.0 % per year. As of Oct 26, 2026.
What discount rate (WACC) does the fair value of BVENY use?
Our models discount Brava Energia S.A at 11.2 %: a base by market capitalisation (small), country premium for USA. 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 Brava Energia S.A that is -8.5 % 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 Brava Energia S.A (BVENY) delivered so far?
Over the past 3 years revenue at Brava Energia S.A grew +89.0 % a year. The price currently implies -8.5 % 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 Brava Energia S.A (BVENY) growing?
The median revenue growth in the sector is +13.0 % a year. That is the yardstick for the growth priced into Brava Energia S.A (-8.5 % 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 Brava Energia S.A (BVENY)?
The free-cash-flow yield on the price is 41.30 %: that much free cash flow Brava Energia 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 Brava Energia S.A (BVENY)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Brava Energia S.A it is $12.51 per share (as of Oct 26, 2026), against a price of $4.17. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is Brava Energia S.A stock overvalued or undervalued in 2026?
As of Oct 26, 2026, BVENY trades below its calculated fair value: price $4.17, fair value $12.51, 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 BVENY?
No. The price is what the market pays today ($4.17); the fair value is what the company's own numbers justify ($12.51). For Brava Energia S.A the two are $8.34 per share apart. That gap is exactly why we show both numbers side by side.
How much is Brava Energia S.A worth?
The market values Brava Energia S.A at about $1.9B (market capitalisation, as of Oct 26, 2026). Per share that is $4.17; our models calculate a fair value of $12.51 per share.
What do the bullish and bearish scenarios say about BVENY?
Our models span a range for Brava Energia S.A: cautious scenario $6.88, base $12.51, optimistic $16.26 per share (as of Oct 26, 2026, price $4.17). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of BVENY?
Brava Energia S.A trades at a price-to-earnings ratio of 208.5 (as of Oct 26, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $12.51 is built from several models across several years. Other multiples: P/B 0.8, P/S 0.8, EV/EBITDA 5.1.
How solid is the balance sheet of Brava Energia S.A (BVENY)?
Balance-sheet figures for Brava Energia S.A (as of Oct 26, 2026): return on equity 0.4%, debt of 1.31 per unit of equity. They feed the Quality Score of 48/100, which measures business quality independently of the share price.
Which stocks are comparable to Brava Energia S.A?
From the same area (Energy) we also value ConocoPhillips explores for,, CNOOC Limited, Canadian Natural Resources Limited, EOG Resources, 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 Brava Energia S.A stock attractive at the current price?
The data as of Oct 26, 2026: price $4.17, calculated fair value $12.51 (+200%), Quality Score 48/100, 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 BVENY calculated?
We run Brava Energia 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 $12.51, 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 12.5 % above its aggregate fair value. Brava Energia S.A currently trades 67 % 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 Brava Energia S.A (BVENY)?
The closing price on Oct 23, 2026 was $4.17. Our model-based fair value is $12.51, about +200% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Brava Energia S.A right now?
The price is below even our cautious bear case ($6.88). 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. Solid quality (48/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range ($6.88 to $16.26) leaves room in how you read the outcome.
Key figures of Brava Energia S.A
How large is the market capitalisation of Brava Energia S.A (BVENY)?
The market capitalisation of Brava Energia S.A is $1.9B. 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 Brava Energia S.A (BVENY)?
The price-to-sales ratio of Brava Energia S.A is 0.16 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Brava Energia S.A (BVENY)?
Earnings per share at Brava Energia S.A are $0.0200 (price ÷ EPS = P/E 208.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Brava Energia S.A (BVENY)?
The dividend yield of Brava Energia S.A is 0.7% (payout 150%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Brava Energia S.A (BVENY)?
The net margin of Brava Energia S.A is 0.4% (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 Brava Energia S.A (BVENY)?
The return on equity (ROE) of Brava Energia S.A is 0.4% (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 Brava Energia S.A (BVENY)?
On an EBIT basis the return on assets of Brava Energia S.A is 5.2% (avg 4y). 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 Brava Energia S.A (BVENY)?
The operating margin of Brava Energia S.A is 31.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Brava Energia S.A (BVENY)?
Revenue at Brava Energia S.A is growing +14.5% versus a year earlier (3y avg +89.0%). 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 Brava Energia S.A (BVENY)?
Earnings per share at Brava Energia S.A are growing −17.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Brava Energia S.A (BVENY) carry?
The net debt of Brava Energia S.A is R$15.6B (fiscal year 2025, ≈ 3.9 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Brava Energia S.A in the live analysis
One click puts Brava Energia S.A on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 28,000+ stock screener.
Thin data
Oct 26, 2026