Español 
Deutsch 
Français 
MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
Azzas 2154 S.A. (AZZA3.SA)
BRL18.78
-0.07 (-0.37%)
BR SAO Consumer Cyclical Apparel - Manufacturers
Address
Rua Fernandes Tourinho, 147 30112-000
Belo Horizonte, MG, BR
Belo Horizonte, MG, BR
CEO
Alexandre Cafe Birman
Website
ri.azzas2154.com.br
IPO
2011-02-02
ISIN BRAZZAACNOR9
Description
Azzas 2154 S.A. is engaged in the complete lifecycle of fashion items, from conceptual design and development to manufacturing, marketing, and sales of shoes, handbags, clothing, and accessories for both male and female demographics. The firm makes its diverse product offerings accessible through a robust multi-channel distribution network, which includes franchised outlets, proprietary retail stores, and a dedicated e-commerce platform. Its array of well-known brands features Arezzo, Schutz, Anacapri, Alexandre Birman, Alme, Vans, AR&CO, TROC, ZZ mall, Baw clothing, Carol Bassi, and Vicenza. Established in 1972, this Brazilian company, based in Belo Horizonte, previously operated under the name Arezzo Indústria e Comércio S.A. until its rebranding to Azzas 2154 S.A. in July 2024.
Market Cap & Enterprise Value
Merger & Acquisition History
No mergers or acquisitions recorded for this company.
Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary
Loading…
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
BRL18.78
-0.07 (-0.37%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
3M
Beta
0.03
Float Shares
159.07M
Free Float %
78.8%
Price Performance
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -3.29% | -9.81% | -9.89% | -20.75% | -33.97% | -23.59% | -53.04% | -72.16% | -76.10% | -28.36% | -8.71% |
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From
To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
Loading histogram data…
Revenue flow
Revenue by geography
Revenue by segment
From
To
Revenue composition
From
To
By product
By geography
Financial Statements
Select metrics from the tables below to build your comparison.
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
Price Targets & DCF
Current price
18.78
DCF (Levered)
90.33
+381.0%
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
Ratings Trend (MoM)
50% Bullish
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 2 | -1 |
| Buy | 5 | -2 |
| Hold | 7 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 0 | 0 |
Quality scores
Altman Z-Score
1.65
Distress
Piotroski F-Score
6 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
1 / 5
Low
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
5 / 5
High
Operational MOAT
✗ Below peers
-
Revenue growth Apparel - Manufacturers: +3.9%+41.1% ★ Q1'26: -8.0% (vs Q1'25)
-
EPS growth Apparel - Manufacturers: +10.5%+76.6% ★ Q1'26: -66.7% (vs Q1'25)
-
FCF margin FCF growth · Apparel - Manufacturers: +37.5%+8.5% Q1'26: -2.9% (vs Q1'25)
-
EBIT margin Apparel - Manufacturers: +8.0%+7.1% Q1'26: +3.1% (vs Q1'25)
-
ROIC Apparel - Manufacturers: +6.0%+7.7% ★ Q1'26: +1.7% (vs Q1'25)
-
Share dilution Apparel - Manufacturers: +0.0%+51.4% Q1'26: -2.4% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Apparel - Manufacturers: 0.02×2.60× Q1'26: 4.01× (vs Q1'25)
Valuation Multiples
From
To
Price Forecast (3Y)
From
To
Theoretical Return — If Invested Today
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
Consensus Estimates
| Metric |
Dec 2016 actual |
Dec 2017 actual |
Dec 2018 actual |
Dec 2019 actual |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 8 Rev. Ana. 3 EPS Ana. |
Dec 2027 11 Rev. Ana. 5 EPS Ana. |
Dec 2028 9 Rev. Ana. 4 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue |
1.24B
est: 1.22B (+1.9%)
|
1.36B
est: 1.36B (-0.2%)
|
1.53B
est: 1.52B (+0.2%)
|
1.68B
est: 1.69B (-0.4%)
|
1.59B
est: 1.59B (0.0%)
|
2.92B
est: 2.87B (+1.9%)
|
4.23B
est: 4.25B (-0.3%)
|
4.85B
est: 4.90B (-1.1%)
|
8.38B
est: 11.55B (-27.5%)
|
11.82B
est: 11.88B (-0.5%)
|
12.35B
11.81B – 12.88B
+4.0% YoY
|
13.27B
12.59B – 14.49B
+7.4% YoY
|
14.16B
14.14B – 14.18B
+6.7% YoY
|
| EBITDA |
186.18M
est: 173.67M (+7.2%)
|
218.78M
est: 194.74M (+12.3%)
|
219.33M
est: 217.60M (+0.8%)
|
297.19M
est: 240.87M (+23.4%)
|
159.15M
est: 227.26M (-30.0%)
|
550.58M
est: 409.85M (+34.3%)
|
763.77M
est: 606.84M (+25.9%)
|
741.63M
est: 684.45M (+8.4%)
|
642.61M
est: 1.68B (-61.8%)
|
1.53B
est: 1.73B (-11.3%)
|
1.80B
1.72B – 1.88B
+4.0% YoY
|
1.93B
1.83B – 2.11B
+7.4% YoY
|
2.06B
2.06B – 2.06B
+6.7% YoY
|
| EBIT |
160.36M
est: 119.72M (+34.0%)
|
186.15M
est: 134.24M (+38.7%)
|
178.45M
est: 150.00M (+19.0%)
|
216.86M
est: 166.04M (+30.6%)
|
78.05M
est: 156.66M (-50.2%)
|
444.83M
est: 282.53M (+57.4%)
|
597.74M
est: 418.33M (+42.9%)
|
518.69M
est: 467.03M (+11.1%)
|
227.75M
est: 1.15B (-80.2%)
|
836.99M
est: 1.18B (-29.3%)
|
1.23B
1.18B – 1.28B
+4.0% YoY
|
1.32B
1.25B – 1.44B
+7.4% YoY
|
1.41B
1.41B – 1.41B
+6.7% YoY
|
| Net Income |
116.15M
est: 177.11M (-34.4%)
|
154.47M
est: 206.47M (-25.2%)
|
142.64M
est: 224.04M (-36.3%)
|
162.14M
est: 248.50M (-34.8%)
|
48.58M
est: 54.19M (-10.3%)
|
345.23M
est: 427.84M (-19.3%)
|
424.71M
est: 540.63M (-21.4%)
|
399.40M
est: 506.43M (-21.1%)
|
341.73M
est: 605.41M (-43.6%)
|
911.25M
est: 832.02M (+9.5%)
|
721.19M
674.61M – 767.77M
-13.3% YoY
|
952.33M
769.22M – 999.06M
+32.0% YoY
|
1.07B
890.45M – 1.16B
+12.2% YoY
|
| SGA |
395.55M
est: 528.67M (-25.2%)
|
448.03M
est: 592.81M (-24.4%)
|
519.79M
est: 662.42M (-21.5%)
|
608.38M
est: 733.26M (-17.0%)
|
692.19M
est: 691.83M (+0.1%)
|
1.20B
est: 1.25B (-3.8%)
|
1.82B
est: 1.85B (-1.5%)
|
2.11B
est: 2.13B (-1.0%)
|
3.88B
est: 5.08B (-23.5%)
|
5.43B
est: 5.22B (+3.9%)
|
5.43B
5.19B – 5.66B
+4.0% YoY
|
5.83B
5.54B – 6.37B
+7.4% YoY
|
6.22B
6.22B – 6.23B
+6.7% YoY
|
| EPS |
1.31
est: 1.33 (-1.4%)
|
1.73
est: 1.55 (+11.7%)
|
1.59
est: 1.68 (-5.4%)
|
1.79
est: 1.86 (-4.0%)
|
0.53
est: 0.41 (+30.4%)
|
3.45
est: 3.21 (+7.5%)
|
3.89
est: 4.05 (-4.1%)
|
3.60
est: 3.80 (-5.2%)
|
2.61
est: 3.00 (-13.0%)
|
4.52
est: 3.92 (+15.3%)
|
3.53
3.34 – 3.80
-10.0% YoY
|
4.41
3.81 – 4.95
+25.0% YoY
|
4.95
4.41 – 5.73
+12.3% YoY
|
Historical Ratings (3M)
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-08 | A- | 4/5 | 1/5 | 4/5 | 5/5 | 2/5 | 4/5 | 5/5 |
| 2026-05-07 | A- | 4/5 | 1/5 | 4/5 | 5/5 | 2/5 | 4/5 | 5/5 |
| 2026-05-06 | A- | 4/5 | 1/5 | 4/5 | 5/5 | 2/5 | 4/5 | 5/5 |
| 2026-05-05 | A- | 4/5 | 1/5 | 4/5 | 5/5 | 2/5 | 4/5 | 5/5 |
| 2026-05-04 | A- | 4/5 | 1/5 | 4/5 | 5/5 | 2/5 | 4/5 | 5/5 |
| 2026-04-30 | A- | 4/5 | 1/5 | 4/5 | 5/5 | 2/5 | 4/5 | 5/5 |
| 2026-04-29 | A- | 4/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 5/5 |
| 2026-04-28 | A- | 4/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 5/5 |
| 2026-04-27 | A- | 4/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 5/5 |
| 2026-04-24 | A- | 4/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 5/5 |
| 2026-04-23 | A- | 4/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 5/5 |
| 2026-04-22 | A- | 4/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 5/5 |
| 2026-04-20 | A- | 4/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 5/5 |
| 2026-04-17 | A- | 4/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 5/5 |
| 2026-04-16 | A- | 4/5 | 1/5 | 4/5 | 5/5 | 1/5 | 4/5 | 5/5 |
Owner Earnings
Owner's Earnings (history)
From
To
Owner alignment
Owner's Earnings TTM
1.13B
OE per share TTM
5.55
Owner's Yield
27.32%
Maintenance CapEx ratio
271.81%
Maint CapEx / Avg PPE
19.9%
Ownership Overview
Ownership breakdown
Ownership breakdown not available.
At a glance
Institutional holders
—
Total invested
—
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional ownership trend
Institutional history not available.
Top institutional holders
Top holders not available.
ETF Ownership
Top ETFs holding this stock
Held by 69 ETFs in our universe
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | VanEck Brazil Small-Cap ETF BRF | 1.03% | 236.3K | 0.60% |
| 2 | Global X Superdividend UCITS ETF USD SDIP.L | 0.96% | 8.71M | 0.45% |
| 3 | Global X - SuperDividend ETF SDIV | 0.96% | 11.55M | 0.58% |
| 4 | iShares MSCI Brazil Small-Cap ETF EWZS | 0.77% | 1.87M | 0.59% |
| 5 | iShares Emerging Markets Dividend ETF DVYE | 0.44% | 5.30M | 0.50% |
| 6 | iShares EM Dividend UCITS ETF IEDY.L | 0.44% | 6.41M | 0.65% |
| 7 | WisdomTree Emerging Markets SmallCap Dividend UCITS ETF DGSD.L | 0.06% | 28.0K | 0.54% |
| 8 | iShares Global Monthly Dividend Index ETF (CAD-Hedged) CYH.TO | 0.05% | 63.6K | 0.66% |
| 9 | Avantis Emerging Markets Small Cap Equity ETF AVEE | 0.04% | 52.7K | 0.42% |
| 10 | State Street SPDR S&P Emerging Markets Small Cap ETF EWX | 0.04% | 266.5K | 0.65% |
Insider Activity
Insider Activity — Latest Quarter
No insider activity available.
Insider buys vs sells (history)
Insider history not available.
Recent insider transactions
No recent insider transactions.
Executive team
Top executives
EBIT / Employee
99.0K
Shares Outstanding
201.93M
Executive compensation
Executive compensation (annual)
Executive compensation not available.
CEO compensation breakdown
No CEO compensation history available.
Proxy statements
Proxy statements (DEF 14A)
No proxy statements available for this company yet.
Recent SEC filings
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Alexandre Cafe Birman | CEO, CCO, Member of Statutory Board of Directors & Director | — | male |
| Bianca Faim | Investor Relations Director | — | — |
| Cassiano Lemos | Operations Executive Officer | — | male |
| Eric Alexandre Alencar | Chief Financial & Investor Relations Officer and Member of Statutory Board of Directors | — | male |
| Mauricio Bastos Turquenitch | Chief Digital Officer | — | male |
| Rafael Sachete da Silva | Member of Board of Executive Officers | — | male |
| Roberto Luiz Jatahy Gonçalves | Member of Board of Executive Officers & Director | — | male |
| Ruy Kameyama | Member of Board of Executive Officers | — | male |
ESG Score History
No data available for this company.
Senate Trading Activity
No Senate trading activity found for this company.
House Trading Activity
No House trading activity found for this company.
Market share among peers
Peer comparison — filtered group (TTM)
Your opinion
Share your view on this stock and instantly see how the community has voted over the last 6 months.
Community Opinion for AZZA3.SA
Short-term intention
Target Price Distribution
These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.
