BrasilAgro - Companhia Brasileira de Propriedades Agrícolas stock: fair value
LNDThe fair value of BrasilAgro - Companhia Brasileira de Propriedades Agrícolas under our model is $0.95, the price is 230% above.
The fair value is an estimate from our model, not a price target.
Daily figure as of 13 Nov 2026
Valuation signal
Significantly overvaluedIn our model the price counts as cheap below $0.68 and expensive above $1.58 (uncertainty high, one part of the fair value is more than twice the other).
The two parts of the fair value come to $0.19 (cash-flow model) and $1.71 (industry comparison), and the gap between them shows how uncertain the estimate is. The price is above both.
Calculated with a cost of equity of 13.5%. At 14.5% the fair value would be $0.94, at 12.5% it would be $0.96.
Where the number comes from
Half from the cash-flow model, half from earnings times the industry P/E (16.8).
Ten-year cash-flow model from smoothed free cash flow and its past growth until it reaches 7.5%. Discounted at 13.5% (government bond yield 7.5% plus beta 0.8 times a risk premium of 7.5%); no analyst estimates were available.
Calculate with your own assumptionsThe calculation step by step
With these figures the cash flow model arrives at $0.19 per share: free cash flow for the next ten years, each year discounted to today at 13.5%, plus the terminal value for the years after. The table explains the calculation; it is not a recommendation.
Calculation as a table
| Year | Free cash flow | Source | Discount factor | Present value (discounted at 13.5%) |
|---|---|---|---|---|
| 2027 | $2.75M | extrapolated at −40.4% | 0.8812 | $2.42M |
| 2028 | $2.03M | extrapolated at −26.0% | 0.7765 | $1.58M |
| 2029 | $1.71M | extrapolated at −16.0% | 0.6842 | $1.17M |
| 2030 | $1.55M | extrapolated at −8.9% | 0.6029 | $937.32K |
| 2031 | $1.49M | extrapolated at −4.0% | 0.5312 | $792.93K |
| 2032 | $1.48M | extrapolated at −0.5% | 0.4681 | $694.91K |
| 2033 | $1.51M | extrapolated at 1.9% | 0.4125 | $623.79K |
| 2034 | $1.57M | extrapolated at 3.6% | 0.3635 | $569.25K |
| 2035 | $1.64M | extrapolated at 4.8% | 0.3203 | $525.42K |
| 2036 | $1.73M | extrapolated at 5.6% | 0.2822 | $488.8K |
| Step | Value |
|---|---|
| Sum of present values (ten years) | $9.8M |
| Terminal value: cash flow 2036 × (1 + 7.5%) / (13.5% − 7.5%) | $31.16M |
| Present value of terminal value (× 0.2822) | $8.79M |
| Equity value (sum plus present value of terminal value) | $18.59M |
| Shares (diluted) | 99.62M |
| Value per share (equity value divided by shares) | $0.19 |
| Earnings per share, last twelve months | $0.10 |
| × 16.8 (industry P/E) | $1.71 |
| Fair value (average of both parts) | $0.95 |
The model uses free cash flow after interest, which belongs to shareholders, discounted at the cost of equity. Net debt is therefore not deducted again.
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 30 Jun 2026
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = R$5.6169)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 24 Apr 2026)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.