Taurus Armas S.A (TASA3) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Taurus Armas S.A stock BRL 2.26, price BRL 5.28, that is 57.2% below the price, quality 33 out of 100. Rating: strongly overvalued. Calculated from audited financials with 13 of our 26 valuation models and 37 quality factors, updated daily.
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. As of Nov 8, 2026.
How to read this chart
60‑month range R$4.56 – R$98.14 · fair‑value band R$1.58 – R$2.94 · the R$5.28 price screens above the R$2.26 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. As of Nov 8, 2026.
Follow Taurus Armas in your weekly email
Every Wednesday you see whether Taurus Armas 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.
Taurus Armas S.A., together with its subsidiaries, operates as a firearms company in Brazil and internationally. It operates through Weapons and Accessories, Helmets, and Others segments.
Show moreShow less
The company offers pistols, revolvers, tactical weapons, long guns, and accessories to state, federal, and civil and military police forces, as well as the civilian market. It sells its products under the Taurus, Heritage, and Rossi brand names.
The company was incorporated in 1939 and is headquartered in São Leopoldo, Brazil. Taurus Armas S.A. is a subsidiary of BYK Participações S.A.
Stock analysis
Taurus Armas S.A (TASA3) currently trades at R$5.28, while our model-based Fair Value estimate is R$2.26, 57% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Economic Profit group reads highest at a median of R$4.89 per share, and 1 of the 12 models we run sit above the R$5.28 price.
Bear case: the Earnings-Based group reads lowest at R$0.6600, and 11 of the 12 models stay below the price. Data coverage for this calculation is low.
Scenario range: R$1.58 (bear) to R$2.94 (bull), the price of R$5.28 sits above 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 33/100 (below-average quality), in the Industrials sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Taurus Armas S.A reported revenue of R$1.5B in FY2025 versus R$2.7B in FY2021, a compound −14.5%/yr. Reported net income was R$17.7M in FY2025, compounding −59.2%/yr from FY2021.
Key figures
Market cap R$735M (≈ $133M) Micro · P/E ratio 34.4 · P/S ratio 0.52 · EPS (TTM) R$0.1700 · Dividend yield 0.1% · Net margin 1.9% · Return on equity 2.1% · Return on assets (EBIT) 19.8% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
The share trades about 57% below its 52-week high and 16% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −23% fair-value upside, at −57%, TASA3 screens richer than that median.
Fair Value models
BearR$1.58Fair Value R$2.26BullR$2.94
Price R$5.28 · Downside -57.2%
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. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (R$0.1432 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. 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.14/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−12.5%
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.
−16.8%
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.
−4.7%
Start year 2020 (pandemic). Over 10 years: +5.9% a year
Revenue growth 21 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.
+8.8%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 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 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. 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.
−45.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year−45.9%
Dividend (yield on the price)0.1%
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.−17% → 3%
⚠ Revenue per share shrinking 12.2%/yr over ~10Y (margins intact) ⓘ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.
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.Aerospace & Defense · 238 stocks
Beats the industry median on 4/13 measures
Overall it trails its industry peers.
Valuation
Quality Score33 · Bottom 25%
Fair Value upside−57.2% · Below median
Profitability
Return on equity (12 months)2.1% · Below median
Return on assets0.7% · Bottom 25%
Net margin (12 months)1.9% · Bottom 25%
Operating margin (12 months)29.7% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)−10.3% · Bottom 25%
Dividend yield (12 months)0.1% · Bottom 25%
Balance sheet
Debt / equity0.20× · Above median
Valuation Multiplesvs Aerospace & Defense median · lower = cheaper
P/E (12 months)34.4× · Pricier than median
P/B0.59× · Cheapest 25%
P/S (12 months)0.52× · Cheapest 25%
EV/EBITDA12.3× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 0
FUTURE (revenue growth)0· sector 65
PAST (return on equity)8· sector 41
HEALTH (low debt)90· sector 94
DIVIDEND (yield)1· sector 19
VALUE 0: the price sits above our fair-value range.
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). "Taurus Armas S.A Fair Value". https://www.fairvalue-calculator.com/stock/TASA3
Frequently asked questions
Is Taurus Armas S.A (TASA3) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of R$2.26 versus a price of R$5.28, about 57% lower (overvalued).
What is the fair value of TASA3?
Our model-based fair value for Taurus Armas S.A is R$2.26 (as of Nov 8, 2026), built from audited fundamentals. The current price: R$5.28.
What is the quality score of TASA3?
Taurus Armas S.A has a Quality Score of 33/100. 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 Taurus Armas S.A (TASA3)?
Our model-based price target is the fair value of R$2.26 (as of Nov 8, 2026) from 13 valuation models. Cautious scenario R$1.58, optimistic scenario R$2.94. It is a calculation from audited fundamentals, not an analyst target.
What is the Taurus Armas S.A stock forecast for 2026?
Our models put fair value at R$2.26, about 57% lower versus a price of R$5.28 (overvalued). Cautious scenario R$1.58, optimistic scenario R$2.94. The calculation is refreshed regularly with new filings.
What is the revenue of Taurus Armas S.A (TASA3)?
Taurus Armas S.A reported trailing-twelve-month revenue of about R$1.4B (latest available figure, as of Nov 8, 2026).
Does Taurus Armas S.A pay a dividend?
Taurus Armas S.A currently shows a dividend yield of 0.06% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Taurus Armas S.A (TASA3) and when is the ex-dividend date?
Taurus Armas S.A pays a dividend of R$0.003 per share a year, a dividend yield of 0.1%. The last ex-dividend date was Apr 30, 2026. A dividend has been paid every year since 2022. The payout ratio is 1.8% of earnings. Our assessment: Token dividend. At a yield of 0.1% the dividend is symbolic. On paper it is not fully covered by earnings or free cash flow, but at this size that hardly matters: even scrapping it entirely would cost less than 0.1% a year, and coverage ratios on amounts this small swing with ordinary working-capital movements. Judge this company on its business, not on its dividend.
What is the intrinsic value of Taurus Armas S.A (TASA3)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Taurus Armas S.A it is R$2.26 per share (as of Nov 8, 2026), against a price of R$5.28. It is the blended result of 13 valuation models in 6 families (Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings).
Is Taurus Armas S.A stock overvalued or undervalued in 2026?
As of Nov 8, 2026, TASA3 trades above its calculated fair value: price R$5.28, fair value R$2.26, a gap of about −57% (overvalued). 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 TASA3?
No. The price is what the market pays today (R$5.28); the fair value is what the company's own numbers justify (R$2.26). For Taurus Armas S.A the two are R$3.02 per share apart. That gap is exactly why we show both numbers side by side.
How much is Taurus Armas S.A worth?
The market values Taurus Armas S.A at about R$735M (market capitalisation, as of Nov 8, 2026). Per share that is R$5.28; our models calculate a fair value of R$2.26 per share.
What do the bullish and bearish scenarios say about TASA3?
Our models span a range for Taurus Armas S.A: cautious scenario R$1.58, base R$2.26, optimistic R$2.94 per share (as of Nov 8, 2026, price R$5.28). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of TASA3?
Taurus Armas S.A trades at a price-to-earnings ratio of 34.4 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of R$2.26 is built from several models across several years. Other multiples: P/B 0.6, P/S 0.5, EV/EBITDA 12.3.
How solid is the balance sheet of Taurus Armas S.A (TASA3)?
Balance-sheet figures for Taurus Armas S.A (as of Nov 8, 2026): return on equity 2.1%, debt of 0.20 per unit of equity. They feed the Quality Score of 33/100, which measures business quality independently of the share price.
How far is TASA3 from its 52-week high?
Taurus Armas S.A trades at R$5.28, about 57% below its 52-week high of R$12.30 and 16% above the low of R$4.56 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of R$2.26 is for.
Which stocks are comparable to Taurus Armas S.A?
From the same area (Industrials) we also value General Electric Company, RTX Corporation, Airbus SE, Lockheed Martin Corporation, 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 Taurus Armas S.A stock attractive at the current price?
The data as of Nov 8, 2026: price R$5.28, calculated fair value R$2.26 (−57%), Quality Score 33/100, from 13 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 TASA3 calculated?
We run Taurus Armas S.A through 13 models from 6 families: Earnings-Based, Dividend Discount, Multiples, Asset-Based, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of R$2.26 builds on their evidence-weighted average, 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 13.3% above its aggregate fair value. Taurus Armas S.A itself currently trades above fair value. 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 Taurus Armas S.A (TASA3)?
The closing price on Nov 6, 2026 was R$5.28. Our model-based fair value is R$2.26, about 57% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Taurus Armas S.A right now?
The price sits above even our optimistic bull case (R$2.94). The favourable scenario is already priced in. Weak quality (33/100) and above fair value at the same time, the margin of safety is missing on both counts. 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$1.58 to R$2.94) leaves room in how you read the outcome.
Key figures of Taurus Armas S.A
How large is the market capitalisation of Taurus Armas S.A (TASA3)?
The market capitalisation of Taurus Armas S.A is R$735M (≈ $133M). 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 Taurus Armas S.A (TASA3)?
The price-to-sales ratio of Taurus Armas S.A is 0.52 (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 Taurus Armas S.A (TASA3)?
Earnings per share at Taurus Armas S.A are R$0.1700 (price ÷ EPS = P/E 34.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Taurus Armas S.A (TASA3)?
The dividend yield of Taurus Armas S.A is 0.1% (payout 1.8%). 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 Taurus Armas S.A (TASA3)?
The net margin of Taurus Armas S.A is 1.9% (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 Taurus Armas S.A (TASA3)?
The return on equity (ROE) of Taurus Armas S.A is 2.1% (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 Taurus Armas S.A (TASA3)?
On an EBIT basis the return on assets of Taurus Armas S.A is 19.8% (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 Taurus Armas S.A (TASA3)?
The operating margin of Taurus Armas S.A is 29.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Taurus Armas S.A (TASA3)?
Revenue at Taurus Armas S.A is growing −10.3% versus a year earlier (3y avg −16.8%). 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 Taurus Armas S.A (TASA3)?
Earnings per share at Taurus Armas S.A are growing +175% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Taurus Armas S.A (TASA3) generate?
The free cash flow of Taurus Armas S.A is −R$121M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Taurus Armas S.A (TASA3) carry?
The net debt of Taurus Armas S.A is R$840M (fiscal year 2025). 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 Taurus Armas S.A in the live analysis
One click puts Taurus Armas S.A on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Thin data
Nov 8, 2026