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Vulcabras S.A. (VULC3.SA)

BRL14.36 +0.02 (+0.14%)
BR SAO Consumer Cyclical Apparel - Footwear & Accessories
Address Av. Antônio Frederico Ozanan, 1440 13219-001
Jundiaí, SP, BR
CEO Pedro Bartelle
IPO 2000-02-25
ISIN BRVULCACNOR2

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Description

Vulcabras S.A., together with its subsidiaries, engages in the production and sale of synthetic footwear products in Brazil and internationally. The company provides sports-oriented clothing products, footwear, and accessories. It also offers safety boots for hospital workers, mining companies, steelmakers, agribusiness, civil construction, and other sectors. The company markets its products through e-commerce and brand-owned stores primarily under the Mizuno, Olympikus, Under Armour, and Botas Vulcabras brands. The company was formerly known as Vulcabras Azaleia S.A. and changed its name to Vulcabras S.A. in April 2022. The company was founded in 1952 and is headquartered in Jundiaí, Brazil. Vulcabras S.A. operates as a subsidiary of Gianpega Negócios e Participações S.A.

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
BRL14.36 +0.02 (+0.14%)
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Volume Profile
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Liquidity & share structure
Average Volume
1M
Beta
0.01
Float Shares
110.35M
Free Float %
35.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-3.66% -3.42% -10.86% -13.01% -22.91% -22.10% -25.04% +8.39% +93.15% +1,023.91% +57.14%
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
14.36
DCF (Unlevered) 117.99 +721.7%
DCF (Levered) 148.96 +937.4%

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) 100% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 4 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
4.13
Safe zone
Piotroski F-Score
4 / 9
Average
MOAT Score
6 / 10
Developing
Composite Rating
A+
Overall Score
5 / 5
High
DCF Score
5 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Apparel - Footwear & Accessories: +5.0%
    +16.8% Q1'26: +10.7% (vs Q1'25)
  • EPS growth Apparel - Footwear & Accessories: +5.0%
    +101.4% Q1'26: -33.3% (vs Q1'25)
  • FCF margin FCF growth · Apparel - Footwear & Accessories: +7.7%
    +22.1% Q1'26: +12.3% (vs Q1'25)
  • EBIT margin Apparel - Footwear & Accessories: +8.8%
    +21.5% Q1'26: +15.1% (vs Q1'25)
  • ROIC Apparel - Footwear & Accessories: +7.3%
    +23.6% Q1'26: +13.1% (vs Q1'25)
  • Share dilution Apparel - Footwear & Accessories: +0.0%
    +1.2% Q1'26: +15.6% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Apparel - Footwear & Accessories: -0.25×
    1.13× Q1'26: 1.75× (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 (0.07) × ERP
WACC = 81% × Ke + 19% × Kd (9.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 115.82 Current price: 14.36
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 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
2 Rev. Ana.
2 EPS Ana.
Dec 2027
6 Rev. Ana.
3 EPS Ana.
Dec 2028
3 Rev. Ana.
2 EPS Ana.
Revenue
1.26B
est: 1.26B (+0.5%)
1.25B
est: 1.25B (-0.4%)
1.36B
est: 1.36B (+0.1%)
1.18B
est: 1.12B (+5.5%)
1.87B
est: 1.88B (-0.4%)
2.54B
est: 2.53B (+0.4%)
2.82B
est: 2.88B (-2.2%)
3.05B
est: 3.01B (+1.2%)
3.56B
est: 3.56B (+0.1%)
3.98B
3.93B – 4.04B
+11.8% YoY
4.39B
4.30B – 4.53B
+10.5% YoY
4.79B
4.76B – 4.83B
+9.1% YoY
EBITDA
284.05M
est: 273.39M (+3.9%)
222.04M
est: 272.81M (-18.6%)
230.80M
est: 295.65M (-21.9%)
126.77M
est: 243.22M (-47.9%)
441.75M
est: 408.02M (+8.3%)
610.84M
est: 549.90M (+11.1%)
688.08M
est: 793.34M (-13.3%)
788.61M
est: 829.44M (-4.9%)
896.43M
est: 979.27M (-8.5%)
1.09B
1.08B – 1.11B
+11.8% YoY
1.21B
1.18B – 1.25B
+10.5% YoY
1.32B
1.31B – 1.33B
+9.1% YoY
EBIT
228.63M
est: 221.63M (+3.2%)
164.22M
est: 221.16M (-25.7%)
150.12M
est: 239.68M (-37.4%)
50.82M
est: 197.18M (-74.2%)
368.56M
est: 330.77M (+11.4%)
528.59M
est: 445.79M (+18.6%)
590.72M
est: 690.75M (-14.5%)
682.34M
est: 722.18M (-5.5%)
765.48M
est: 852.64M (-10.2%)
953.21M
942.65M – 968.43M
+11.8% YoY
1.05B
1.03B – 1.08B
+10.5% YoY
1.15B
1.14B – 1.16B
+9.1% YoY
Net Income
188.91M
est: 183.20M (+3.1%)
152.11M
est: 161.35M (-5.7%)
143.07M
est: 141.18M (+1.3%)
31.59M
est: 161.35M (-80.4%)
313.83M
est: 294.97M (+6.4%)
469.90M
est: 371.86M (+26.4%)
494.89M
est: 536.76M (-7.8%)
569.87M
est: 504.70M (+12.9%)
1.17B
est: 617.36M (+88.8%)
535.37M
525.99M – 544.75M
-13.3% YoY
625.56M
586.18M – 664.94M
+16.8% YoY
673.92M
657.34M – 690.49M
+7.7% YoY
SGA
191.17M
est: 216.17M (-11.6%)
209.56M
est: 215.71M (-2.9%)
229.15M
est: 233.77M (-2.0%)
220.46M
est: 192.31M (+14.6%)
299.35M
est: 322.62M (-7.2%)
399.47M
est: 434.80M (-8.1%)
489.02M
est: 492.24M (-0.7%)
554.19M
est: 514.63M (+7.7%)
645.06M
est: 607.60M (+6.2%)
679.26M
671.74M – 690.11M
+11.8% YoY
750.41M
734.64M – 773.16M
+10.5% YoY
818.88M
812.47M – 825.30M
+9.1% YoY
EPS
0.95
est: 0.68 (+40.3%)
0.61
est: 0.60 (+2.3%)
0.57
est: 0.52 (+9.2%)
0.13
est: 0.60 (-78.2%)
1.26
est: 1.09 (+15.6%)
1.89
est: 1.37 (+37.5%)
2.01
est: 1.95 (+2.9%)
2.12
est: 1.84 (+15.4%)
4.27
est: 2.25 (+90.0%)
1.95
1.92 – 1.99
-13.3% YoY
2.31
2.14 – 2.43
+18.3% YoY
2.46
2.40 – 2.52
+6.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-07 A+ 5/5 5/5 5/5 5/5 3/5 4/5 3/5
2026-05-06 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-05-05 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-05-04 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-04-30 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-04-29 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-04-28 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-04-27 A+ 4/5 5/5 5/5 5/5 2/5 4/5 3/5
2026-04-24 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-04-23 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-04-22 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-04-20 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-04-17 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-04-16 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
362.56M
OE per share TTM
1.27
Owner's Yield
7.22%
Maintenance CapEx ratio
37.39%
Maint CapEx / Avg PPE
17.5%

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 49 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Global X Superdividend UCITS ETF USD SDIP.L 0.85% 7.71M 0.45%
2 Global X - SuperDividend ETF SDIV 0.84% 10.12M 0.58%
3 VanEck Brazil Small-Cap ETF BRF 0.68% 156.1K 0.60%
4 iShares MSCI Brazil Small-Cap ETF EWZS 0.57% 1.37M 0.59%
5 iShares EM Dividend UCITS ETF IEDY.L 0.36% 5.26M 0.65%
6 iShares Emerging Markets Dividend ETF DVYE 0.36% 4.34M 0.50%
7 WisdomTree Emerging Markets SmallCap Dividend UCITS ETF DGSD.L 0.14% 62.1K 0.54%
8 WisdomTree Emerging Markets SmallCap Dividend Fund DGS 0.11% 1.97M 0.58%
9 WisdomTree Emerging Markets Equity Income UCITS ETF DEMD.L 0.09% 242.3K 0.46%
10 WisdomTree Emerging Markets Equity Income UCITS ETF - Acc DEMR.L 0.09% 242.3K 0.46%

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
41.8K
Shares Outstanding
314.11M

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
Evandro Saluar Kollet Chief Product Development & Technology Officer and Member of the Executive Board male
Márcio Kremer Callage Chief Marketing Officer & Member of the Executive Board male
Pedro Bartelle Chief Executive Officer, 2nd Vice Chairman & Member of the Executive Board male
Rafael Carqueijo Gouveia COO & Member of the Executive Board male
Rodrigo Miceli Piazer Chief Supply Chain, manufacturing & Human Resources Officer & Member of the Executive Board male
Wagner Dantas Da Silva CFO & Investor Relations Officer and Member of Executive Board 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