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Priner Serviços Industriais S.A (PRNR3) Fair Value & Analysis

Industrials · BR · Market cap R$1.1B

PS Priner Serviços Industriais S.A PRNR3 · SA
PriceR$18.40
Fair ValueR$17.29
Upside-6.0%
Quality28/100
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Mixed Growth
Thin margins · 2.7% net margin
Moderate debt · generates free cash flow
Mixed vs. peers (6/13)
Narrow moat 41/100
Evidence: Medium Range R$10.04 – R$23.35 Share as image

Fair value as of: Jul 14, 2026

From 16 valuation models · updated 27 days ago

Share price +1.3% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (R$10.04 to R$23.35) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

R$21.97 R$4.82 Fair Value R$17.29 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 14, 2026.

How to read this chart

60‑month range R$4.82 – R$21.97 · fair‑value band R$10.04 – R$23.35 · the R$18.40 price screens above the R$17.29 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 14, 2026.

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Analysis

Priner Serviços Industriais S.A (PRNR3) currently trades at R$18.40, while our model-based Fair Value estimate is R$17.29, implying the stock looks roughly 6.0% fairly valued today. The Quality Score stands at 28/100 (below-average quality), in the Industrials 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: medium).

Over the trailing twelve months, Priner Serviços Industriais S.A generated revenue of R$1.6B at a net margin of 2.3%. Revenue grew 14.2% year over year. It earns a return on equity of 11.6%. Net debt stands at R$467M. Fundamentals as of Jul 14, 2026

Our scenario range runs from R$10.04 (bear case) to R$23.35 (bull case); at R$18.40, the current price sits within 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 17% below its 52-week high and 28% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -45% fair-value upside, at -6%, PRNR3 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$8.48 R$18.04 R$33.07 80
Rev-Margin DCF R$12.17 R$27.49 R$58.04 74
ROIC Compounder R$6.08 R$7.55 R$9.20 72
All 16 models by family
DCF Models
FCF DCF R$9.37 R$15.81 R$35.06 38
Owner Earnings R$3.37 R$11.97 R$27.93 31
5Y Revenue Exit R$11.16 R$23.47 R$49.29 39
5Y EBITDA Exit R$21.67 R$44.70 R$89.95 41
10Y Revenue Exit R$10.05 R$28.86 R$41.26 36
10Y EBITDA Exit R$17.64 R$49.51 R$106.52 37
Earnings-Based
EPV R$6.08 R$7.55 R$8.76 59
Dividend Discount
Gordon GGM R$1.82 R$3.29 R$4.52 70
DDM Multi-Stage R$1.82 R$3.00 R$3.51 61
Multiples
EV/EBIT R$16.76 R$23.89 R$31.03 53
EV/EBITDA R$26.95 R$37.48 R$48.01 54
EV/Revenue R$10.63 R$17.18 R$23.72 43
Asset-Based
NCAV (Graham) R$4.24 R$5.68 R$8.47 50
Growth DCF
Growth DCF R$8.48 R$18.04 R$33.07 80
Rev-Margin DCF R$12.17 R$27.49 R$58.04 74
Economic Profit
ROIC Compounder R$6.08 R$7.55 R$9.20 72

Widest divergence: Multiples (R$23.89) versus Dividend Discount (R$3.00). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) R$1.6B
Revenue growth (YoY) +14.2%
Net margin 2.3%
Return on equity 11.6%
Free cash flow R$58.7M FY2025
P/E ratio 25.7
More key figures
Operating margin 17.2%
EPS (TTM) R$0.6900
EPS growth (YoY) +2,399%
Net debt R$467M FY2025

Figures from reported company fundamentals · as of Jul 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 28/100

Of which business quality 29 · Market factors (momentum, volatility) 59

Profitability 24
Margins and returns on capital today
Quality Growth 54
Are margins and returns improving?
Cashflow 34
Earnings quality: real cash, not paper profit
Fin. Strength 30
Balance sheet, leverage, solvency risk
Investment 32
Disciplined investing over empire-building
Low Volatility 77
Calm price path (market factor)
Momentum 48
Price trend over the last 3–12 months (market factor)
52W Momentum 55
Distance to the 52-week high (market factor)
Net Issuance 0
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.

About the company

Priner Serviços Industriais S.A. provides industrial, infrastructure, integrity engineering, and inspection services in the petrochemical, pulp and paper, steel, offshore, naval, mining, and infrastructure sectors in Brazil.

Full company description

Priner Serviços Industriais S.A. provides industrial, infrastructure, integrity engineering, and inspection services in the petrochemical, pulp and paper, steel, offshore, naval, mining, and infrastructure sectors in Brazil. The company provides access solutions, including design, planning, assembly and rental of access equipment, tube and clamp and modular scaffolding systems, suspended scaffolding and the web prinerdeck platforms, tension netting system, and rope access; mechanical and manual surface treatment, abrasive and wet blasting, ultra-high-pressure water jetting (UHP); weather protection, passive fire protection(PFP), leak sealing, hot and cold thermal insulation, acoustic insulation, and process heating, and refractory lining, as well as civil maintenance, boilermaking; chemical analysis, metallographic analysis, corrosion testing, field solutions, procedure and welder qualification, and failure analysis, anchored retaining walls, soil nailing, shotcrete, soil treatment, and load testing; pressurized habitat solutions; non-destructive testing, inspection of equipment and facilities, welding engineering, advanced engineering, materials engineering and laboratory services, training and consulting, inspection software, and tank inspection services. It also offers conventional, removable and reusable, PFP, hot and cold insulation, and thermoplastic coating; industrial park; inspection and RBI, finite element analysis, and fracture mechanics. In addition, the company provides CIPP, Point repair, Steam curing process, pressurized networks, and UV Line curing process; and resin injection, gallery plugging, structural repair and reinforcement, waterproofing, hydrodemolition, and priner soil inspection. The company was formerly known as Mills SI Serviços Industriais S/A and changed its name to Priner Serviços Industriais S.A. in 2016. The company was founded in 1982 and is headquartered in Rio de Janeiro, Brazil.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Priner Serviços Industriais S.A reported revenue of R$1.6B in FY2025 versus R$433M in FY2021, a compound +37.8%/yr. Reported net income was −R$11.8M in FY2025.

Growth Quality 76/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
R$1.6B
Latest YoY
+42.1%
Avg. 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.
+24.3%
Avg. 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.
+45.2%
Avg. growth/yr (10Y) 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.
+24.8%
Revenue +37.8%/yr
FY21 R$433M
FY22 R$813M
FY23 R$1.0B
FY24 R$1.1B
FY25 R$1.6B
Net income
FY21 R$14.5M
FY22 R$20.2M
FY23 R$13.7M
FY24 R$10.2M
FY25 −R$11.8M

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Cite: Fair Value Calculator (2026). "Priner Serviços Industriais S.A Fair Value". https://www.fairvalue-calculator.com/stock/PRNR3

Peer Group

Engineering & Construction · 839 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 28 · Bottom 25%
Fair Value upside −6% · Above median
Return on equity (TTM) 12% · Above median
Return on assets 4% · Above median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 7% · Above median
Revenue growth 14% · Above median
Debt / equity 1.26× · Higher than 75% of peers

Valuation Multiples vs Engineering & Construction median · lower = cheaper

P/E (TTM) 27.5× · Pricier than median
P/B 2.24× · Pricier than median
P/S (TTM) 0.67× · Pricier than median
P/FCF 3.6× · Pricier than median
EV/EBITDA 6.7× · Cheaper than median

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.

VALUE 25 · sector 16
FUTURE 71 · sector 17
PAST 47 · sector 26
HEALTH 37 · sector 94
DIVIDEND 0 · sector 33

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jul 14, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LT ₹3,815 ₹1,994 -48%
Samsung C&T Corporation 028260 346,000 KRW 268,779 KRW -22%
Hyundai Engineering & Construction Co 000720 99,000 KRW 63,993 KRW -35%
United Integrated Services Co 2404 1,250 TWD 925.62 TWD -26%
Samsung E&A Co 028050 42,550 KRW 44,840 KRW +5%
Rail Vikas Nigam Limited RVNL ₹232.67 ₹61.46 -74%
Daewoo Engineering & Construction Co 047040 16,240 KRW 6,507 KRW -60%
NBCC (India) Limited NBCC ₹96.32 ₹48.22 -50%
Cemindia Projects Limited CEMPRO ₹1,330 ₹730.69 -45%
KEPCO Engineering & Construction Company 052690 92,700 KRW 20,172 KRW -78%

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Frequently asked questions

Is Priner Serviços Industriais S.A (PRNR3) overvalued or undervalued?
As of Jul 14, 2026, our model estimates a fair value of R$17.29 versus a price of R$18.40, about −6% (fairly valued).
What is the fair value of PRNR3?
Our model-based fair value for Priner Serviços Industriais S.A is R$17.29 (as of Jul 14, 2026), built from audited fundamentals. The current price is R$18.40.
What is the quality score of PRNR3?
Priner Serviços Industriais S.A has a Quality Score of 28/100. 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 Priner Serviços Industriais S.A (PRNR3)?
Priner Serviços Industriais S.A reported trailing-twelve-month revenue of about R$1.6B (latest available figure, as of Jul 14, 2026).
What is the net profit margin of PRNR3?
The net profit margin of Priner Serviços Industriais S.A is about 2.3%, meaning it keeps roughly 2.3% 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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