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Companhia Tecidos Santanense Ltda (CTSA3) Fair Value & Analysis

Consumer Cyclical · BR · Market cap R$13.9M (≈ $2.7M) · ISIN BRCTSAACNOR3

CT Companhia Tecidos Santanense Ltda CTSA3 · SA
PriceR$2.00
Fair ValueR$1.52
Upside-23.9%
Quality44/100
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Strengths

Low debt · generates free cash flow

Risks

!Trades 31% ABOVE our fair value of R$1.52
!Weak Growth (revenue 5y −40.1 %/yr)
!Thin margins · 0.0% net margin
!Trails peers (2/9)
Weak Growth (revenue 5y −40.1 %/yr)
Thin margins · 0.0% net margin
Low debt · generates free cash flow
Trails peers (2/9)
Narrow moat 0/100
Evidence: Low Range R$1.37 – R$1.65 Share as image

Fair value as of: Aug 13, 2026

From 6 valuation models · updated 15 days ago

Fair value updated Aug 13, 2026, revised from R$1.92 to R$1.52 (−20.6%) since Jul 16, 2026.

Below-average quality, and trading another 31% above our fair value.

What runs behind every stock

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

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What matters now

  • The price sits above even our optimistic bull case (R$1.65). The favourable scenario is already priced in.
  • Weak quality (44/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (5 years)

R$267.52 R$2.00 Fair Value R$1.52 Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range R$2.00 – R$267.52 · fair‑value band R$1.37 – R$1.65 · the R$2.00 price screens above the R$1.52 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Companhia Tecidos Santanense Ltda (CTSA3) currently trades at R$2.00, while our model-based Fair Value estimate is R$1.52, implying the stock looks roughly 23.9% overvalued today. The Quality Score stands at 44/100 (below-average quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: low).

Trailing-twelve-month revenue stands at R$35.6M. Revenue declined 70.2% year over year. Net debt stands at R$236M. Fundamentals as of Aug 13, 2026

Our scenario range runs from R$1.37 (bear case) to R$1.65 (bull case); at R$2.00, the current price sits above 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 about 53% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -26% fair-value upside, at -24%, CTSA3 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.

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
Growth DCF R$32.31 R$41.01 R$53.97 80
NCAV (Graham) R$7.12 R$9.55 R$14.25 50
EV/Revenue R$1.84 R$3.68 43
All 6 models by family
DCF Models
FCF DCF R$31.41 R$40.68 R$55.60 38
5Y Revenue Exit R$14.74 R$17.37 R$21.08 39
10Y Revenue Exit R$22.48 R$24.96 R$27.10 36
Multiples
EV/Revenue R$1.84 R$3.68 43
Asset-Based
NCAV (Graham) R$7.12 R$9.55 R$14.25 50
Growth DCF
Growth DCF R$32.31 R$41.01 R$53.97 80

Widest divergence: Growth DCF (R$41.01) versus Multiples (R$1.84). Highest evidence: Growth DCF (80).

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Key figures & financial health

P/S ratio 0.39 TTM
EPS (TTM) R$-21.76
Return on equity -102% TTM
Return on assets (EBIT) -2.7% avg 5y
Operating margin -226% TTM
Revenue (TTM) R$35.6M TTM
More key figures
Growth
Revenue growth (YoY) -70.2% 3y avg -61.0%
EPS growth (YoY) +866%
Balance sheet & cash flow
Free cash flow R$34.4M FY2024
Net debt R$236M FY2024 · ≈ 6.9 yrs of FCF

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 44/100

Of which business quality 46 · Market factors (momentum, volatility) 23

Profitability 0
Margins and returns on capital today
Quality Growth 0
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 3
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 17
Price trend over the last 3–12 months (market factor)
52W Momentum 1
Distance to the 52-week high (market factor)
Net Issuance 100
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

Companhia Tecidos Santanense Ltda., together with its subsidiary Santanense Argentina S.A., engages in the textile industry in Brazil and internationally. The company is involved in the manufacture, sale, and export of clothing products, including professional uniforms, accessories, and personal protective equipment.

Full company description

Companhia Tecidos Santanense Ltda., together with its subsidiary Santanense Argentina S.A., engages in the textile industry in Brazil and internationally. The company is involved in the manufacture, sale, and export of clothing products, including professional uniforms, accessories, and personal protective equipment. It also offers workwear products for fire, techno, XTreme, master, top line, and service industries under the Workland, Safety Factor, and Worklux brands, as well as business consulting services. The company was founded in 1891 and is headquartered in Montes Claros, Brazil. Companhia Tecidos Santanense Ltda. is a subsidiary of Oxford Comércio e Participações S.A.

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

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Companhia Tecidos Santanense Ltda reported revenue of R$35.6M in FY2024 versus R$473M in FY2020, a compound −47.6%/yr. Reported net income was −R$161M in FY2024.

Growth Quality 15/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2024)
R$35.6M
Latest YoY
−64.5%
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.
−61.0%
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.
−40.1%
Avg. revenue growth/yr (24Y) 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.
−5.7%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2024 is a loss year, no rate is defined from a loss
not computed
Revenue −47.6%/yr
FY20 R$473M
FY21 R$601M
FY22 R$410M
FY23 R$100M
FY24 R$35.6M
Net income
FY20 −R$3.8M
FY21 R$27.1M
FY22 R$6.2M
FY23 −R$94.6M
FY24 −R$161M

CTSA3 screens 24% overvalued. Compare with Shenzhou International Group →

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Cite: Fair Value Calculator (2026). "Companhia Tecidos Santanense Ltda Fair Value". https://www.fairvalue-calculator.com/stock/CTSA3

Peer Group

Textile Manufacturing · 341 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 44 · Below median
Fair Value upside −24% · Below median
Return on assets -11% · Bottom 25%
Net margin (TTM) 0% · Below median
Revenue growth -70% · Bottom 25%
Debt / equity 0.34× · Higher than 75% of peers

Valuation Multiples vs Textile Manufacturing median · lower = cheaper

P/S (TTM) 0.08× · Cheaper than 75% of peers
P/FCF 0.1× · Cheaper than 75% of peers

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
VALUE1 · sector 6
FUTURE0 · sector 0
PAST0 · sector 14
HEALTH83 · sector 95
DIVIDEND0 · sector 34

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 Textile Manufacturing stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
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Tongkun Group 601233 ¥22.67 ¥14.53 -36%
Inner Mongolia ERDOS Resources Co 600295 ¥12.95 ¥14.35 +11%
Far Eastern New Century Corporation 1402 28.55 TWD 25.64 TWD -10%
K.P.R. Mill Limited KPRMILL ₹1,124 ₹467.49 -58%
HMT (Xiamen) New Technical Materials Co 603306 ¥71.55 ¥11.85 -83%
Zhejiang Orient Holdings 600120 ¥4.89 ¥2.21 -55%
Vardhman Textiles Limited VTL ₹591.90 ₹437.53 -26%
Albany International Corp AIN $59.92 $18.40 -69%
Isiklar Enerji ve Yapi Holding IEYHO 174.20 TRY 324.31 TRY +86%

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Frequently asked questions

Is Companhia Tecidos Santanense Ltda (CTSA3) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of R$1.52 versus a price of R$2.00, about −24% (overvalued).
What is the fair value of CTSA3?
Our model-based fair value for Companhia Tecidos Santanense Ltda is R$1.52 (as of Aug 13, 2026), built from audited fundamentals. The current price: R$2.00.
What is the quality score of CTSA3?
Companhia Tecidos Santanense Ltda has a Quality Score of 44/100. 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 Companhia Tecidos Santanense Ltda (CTSA3)?
Companhia Tecidos Santanense Ltda reported trailing-twelve-month revenue of about R$35.6M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of CTSA3?
The net profit margin of Companhia Tecidos Santanense Ltda is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

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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