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Vivara Participações S.A. (VIVA3.SA)

BRL23.32 -0.11 (-0.47%)
BR SAO Consumer Cyclical Luxury Goods
Address 105, Arquiteto Olavo Redig de Campos Str 04709-000
São Paulo, SP, BR
CEO Thiago Lima Borges
IPO 2019-10-11
ISIN BRVIVAACNOR0

Explore sections of this company profile

Description

Founded in 1962 and headquartered in Sao Paulo, Brazil, Vivara Participações S.A. is a Brazilian enterprise specializing in the production and retail of a diverse array of jewelry and other merchandise. Its extensive product catalog features a wide selection of fine jewelry pieces, including rings, earrings, necklaces, chains, pendants, and bracelets. Beyond jewelry, the company also offers various accessories such as cufflinks, pens, belts, sunglasses, specialized cases for jewelry and watches, gift sets, notebooks, wallets, bags and backpacks, perfumers, and passport holders, alongside a collection of clocks and watches. As of year-end 2021, Vivara maintained a significant physical presence with 229 Vivara-branded stores, 33 Life stores, and numerous kiosks, complementing its robust online sales channel.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
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
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Price Chart
Averages
Trend
Price
Levels
Draw
BRL23.32 -0.11 (-0.47%)
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Volume Profile
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Liquidity & share structure
Average Volume
3M
Beta
0.25
Float Shares
123.70M
Free Float %
52.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-3.11% -15.40% -11.96% -19.73% -27.62% -25.60% +11.73% +4.12% -6.07% +5.63% +5.63%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
23.32
DCF (Unlevered) 46.01 +97.3%
DCF (Levered) 32.73 +40.4%

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) 86% Bullish
Rating 2026-05 Change
Strong Buy 4 0
Buy 8 0
Hold 2 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.81
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
7 / 10
Strong MOAT
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Luxury Goods: +16.7%
    +17.4% Q1'26: +10.9% (vs Q1'25)
  • EPS growth Luxury Goods: +44.9%
    -5.4% Q1'26: -30.6% (vs Q1'25)
  • FCF margin FCF growth · Luxury Goods: +47.0%
    +16.0% Q1'26: -9.7% (vs Q1'25)
  • EBIT margin Luxury Goods: +9.4%
    +23.8% Q1'26: +15.1% (vs Q1'25)
  • ROIC Luxury Goods: +9.9%
    +19.1% Q1'26: +9.1% (vs Q1'25)
  • Share dilution Luxury Goods: +0.0%
    0.0% Q1'26: 0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Luxury Goods: 0.25×
    1.41× Q1'26: 2.35× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
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.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.30) × ERP
WACC = 83% × Ke + 17% × Kd (11.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 46.01 Current price: 23.32
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
6 Rev. Ana.
6 EPS Ana.
Dec 2027
12 Rev. Ana.
5 EPS Ana.
Dec 2028
9 Rev. Ana.
6 EPS Ana.
Revenue
749.67M
est: 1.17B (-36.1%)
1.05B
est: 1.07B (-1.7%)
1.47B
est: 1.48B (-0.8%)
1.84B
est: 1.85B (-0.3%)
2.19B
est: 2.34B (-6.4%)
2.58B
est: 2.59B (-0.7%)
3.03B
est: 3.02B (+0.4%)
3.43B
3.37B – 3.50B
+13.7% YoY
3.89B
3.77B – 4.04B
+13.5% YoY
4.32B
4.30B – 4.33B
+11.0% YoY
EBITDA
381.15M
est: 338.03M (+12.8%)
286.98M
est: 306.97M (-6.5%)
390.72M
est: 425.55M (-8.2%)
520.59M
est: 532.57M (-2.2%)
615.42M
est: 785.57M (-21.7%)
865.04M
est: 872.28M (-0.8%)
873.54M
est: 1.01B (-13.8%)
1.15B
1.13B – 1.18B
+13.7% YoY
1.31B
1.27B – 1.36B
+13.5% YoY
1.45B
1.45B – 1.46B
+11.0% YoY
EBIT
352.02M
est: 270.49M (+30.1%)
228.71M
est: 245.64M (-6.9%)
318.89M
est: 340.53M (-6.4%)
406.65M
est: 426.16M (-4.6%)
481.33M
est: 665.75M (-27.7%)
713.23M
est: 739.24M (-3.5%)
720.70M
est: 859.27M (-16.1%)
976.75M
961.26M – 996.38M
+13.7% YoY
1.11B
1.07B – 1.15B
+13.5% YoY
1.23B
1.23B – 1.23B
+11.0% YoY
Net Income
257.97M
est: 297.49M (-13.3%)
146.67M
est: 150.00M (-2.2%)
298.49M
est: 298.67M (-0.1%)
360.85M
est: 355.71M (+1.4%)
369.24M
est: 467.46M (-21.0%)
653.39M
est: 530.50M (+23.2%)
619.50M
est: 619.50M (+0.0%)
696.73M
643.43M – 761.61M
+12.5% YoY
805.33M
670.66M – 934.38M
+15.6% YoY
906.29M
820.95M – 966.33M
+12.5% YoY
SGA
126.12M
est: 343.33M (-63.3%)
518.97M
est: 311.79M (+66.4%)
687.45M
est: 432.23M (+59.0%)
347.06M
est: 540.93M (-35.8%)
359.87M
est: 635.73M (-43.4%)
374.76M
est: 705.90M (-46.9%)
1.19B
est: 820.52M (+45.1%)
932.70M
917.91M – 951.44M
+13.7% YoY
1.06B
1.03B – 1.10B
+13.5% YoY
1.17B
1.17B – 1.18B
+11.0% YoY
EPS
1.15
est: 1.27 (-9.1%)
0.62
est: 0.64 (-2.8%)
1.26
est: 1.27 (-0.8%)
1.53
est: 1.52 (+0.7%)
1.57
est: 1.99 (-21.0%)
2.78
est: 2.25 (+23.6%)
2.64
est: 2.75 (-4.1%)
2.91
2.74 – 3.24
+5.8% YoY
3.38
2.85 – 3.97
+16.2% YoY
3.79
3.49 – 4.11
+12.2% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-08 A 4/5 5/5 5/5 5/5 2/5 4/5 2/5
2026-05-07 A 4/5 5/5 5/5 5/5 2/5 4/5 2/5
2026-05-06 A 4/5 5/5 5/5 5/5 2/5 4/5 2/5
2026-05-05 A 4/5 5/5 5/5 5/5 2/5 4/5 2/5
2026-05-04 A 4/5 5/5 5/5 5/5 2/5 4/5 2/5
2026-04-30 A 4/5 5/5 5/5 5/5 2/5 4/5 2/5
2026-04-29 A 4/5 5/5 5/5 5/5 2/5 4/5 2/5
2026-04-28 A 4/5 5/5 5/5 5/5 2/5 4/5 2/5
2026-04-27 A 4/5 5/5 5/5 5/5 2/5 4/5 2/5
2026-04-24 A 4/5 5/5 5/5 5/5 1/5 4/5 2/5
2026-04-23 A 4/5 5/5 5/5 5/5 1/5 4/5 2/5
2026-04-22 A 4/5 5/5 5/5 5/5 1/5 4/5 2/5
2026-04-20 A 4/5 5/5 5/5 5/5 1/5 4/5 2/5
2026-04-17 A 4/5 5/5 5/5 5/5 1/5 4/5 2/5
2026-04-16 A 4/5 5/5 5/5 5/5 1/5 4/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
638.57M
OE per share TTM
2.72
Owner's Yield
10.97%
Maintenance CapEx ratio
2.15%
Maint CapEx / Avg PPE
33.8%

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 61 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 VanEck Brazil Small-Cap ETF BRF 1.43% 326.2K 0.60%
2 Global X - Brazil Active ETF BRAZ 1.26% 126.6K 0.75%
3 Matthews Emerging Markets Discovery Active ETF MEMS MEMS 1.04% 232.1K 0.99%
4 iShares MSCI Brazil Small-Cap ETF EWZS 0.95% 2.30M 0.59%
5 Global X - Emerging Markets Great Consumer ETF EMC 0.67% 438.4K 0.65%
6 FlexShares Morningstar Emerging Markets Factor Tilt Index Fund TLTE 0.06% 208.5K 0.58%
7 WisdomTree Emerging Markets SmallCap Dividend UCITS ETF DGSD.L 0.05% 19.8K 0.54%
8 iShares MSCI Emerging Markets Small-Cap ETF EEMS 0.04% 168.2K 0.72%
9 State Street SPDR S&P Emerging Markets Small Cap ETF EWX 0.04% 305.8K 0.65%
10 iShares MSCI EM Small Cap UCITS ETF IEMS.L 0.04% 123.7K 0.74%

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
115.9K
Shares Outstanding
235.07M

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

NameTitleCompensationGender
Cassiano Lemos Chief Operating Officer male
Elias Lima Leal Finance & IR Director and Member of Executive Board male
Marina Kaufman Bueno Netto President of the Board & Chief Sustainability Officer female
Melina Rodrigues Investor Relations Director
Thiago Lima Borges Chief Executive Officer 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

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits