Itaúsa S.A (ITSA3) Fair Value & Analysis

Industrials · BR · Market cap R$154B

A solid business, screening 84% undervalued on our models.

What matters now

• The price is below even our cautious bear case (R$18.83). The market is more pessimistic than our downside scenario.
• Solid quality (63/100) at a price below fair value, the discount is the argument here, not the business quality.

Price vs Fair Value (5 years)

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

60‑month range R$4.59 – R$14.69 · fair‑value band R$18.83 – R$31.39 · the R$13.65 price screens below the R$25.11 fair value. Dashed = 300-day average. As of Jul 19, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

Itaúsa S.A (ITSA3) currently trades at R$13.65, while our model-based Fair Value estimate is R$25.11, implying the stock looks roughly 84.0% undervalued today. We read business quality at 63/100 (solid quality), in the Industrials 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: medium), always confirm before acting.

Trailing-twelve-month revenue stands at R$8.4B. Revenue grew 6.1% year over year. It earns a return on equity of 18.4%. Net debt stands at R$7.6B. Fundamentals as of Jul 19, 2026

Our scenario range runs from R$18.83 (bear case) to R$31.39 (bull case); at R$13.65, 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 about 9% below its 52-week high and 51% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -14% fair-value upside, at 84%, ITSA3 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.

Widest divergence: Growth DCF (R$60.88) versus Multiples (R$4.12). Highest evidence: Growth DCF (80).

Key figures & financial health

Quality Score breakdown

About the company

Itaúsa S.A., through its subsidiaries, operates a banking institution in Brazil and internationally. It operates through Dexco, Itaúsa, and Other segments. The company offers credit products, credit cards, asset management, investments, private banking, insurance, pension plans, and other financial services to individual and corporate clients.

Full company description

Itaúsa S.A., through its subsidiaries, operates a banking institution in Brazil and internationally. It operates through Dexco, Itaúsa, and Other segments. The company offers credit products, credit cards, asset management, investments, private banking, insurance, pension plans, and other financial services to individual and corporate clients. It also engages in the operation of platforms for highways, subways, trains, light rail, ferries, and airports; the distribution of LPG; and the transportation of natural gas through gas pipelines to distribution companies. In addition, the company manufactures and sells bathroom fixtures, fittings, and showers under the Deca, Hydra and Elizabeth brands; ceramic tiles under the Ceusa, Portinari, and Castelatto brands; medium- and high-density wood panels under the Duratex brand; laminate flooring under the Durafloor brand; dissolving wood pulp; and footwear, apparel, and textiles, as well as related components, including leather, resin, and natural and artificial rubber. Further, it provides private sanitation services. The company was formerly known as Itaúsa - Investimentos Itaú SA and changed its name to Itaúsa S.A. in June 2020. Itaúsa S.A. was incorporated in 1966 and is headquartered in São Paulo, Brazil.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Itaúsa S.A reported revenue of R$8.2B in FY2025 versus R$23.1B in FY2021, a compound −22.7%/yr. Reported net income was R$16.5B in FY2025, compounding +7.8%/yr from FY2021.

Watch ITSA3: get an alert when its fair value changes →

Peer Group

Conglomerates · 371 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 Conglomerates 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: 30/100

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 Conglomerates stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Explore undervalued stocks

More undervalued Industrials stocks →

Frequently asked questions

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.