Embraer S.A.

BOVESPA:EMBJ3 Stock Report

Market Cap: R$50.7b

Embraer Valuation

Is EMBJ3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of EMBJ3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: EMBJ3 (R$71.2) is trading above our estimate of future cash flow value (R$22.92)

Significantly Below Future Cash Flow Value: EMBJ3 is trading above our estimate of future cash flow value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for EMBJ3?

Key metric: As EMBJ3 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for EMBJ3. This is calculated by dividing EMBJ3's market cap by their current earnings.
What is EMBJ3's PE Ratio?
PE Ratio29.9x
EarningsR$1.69b
Market CapR$50.68b

Price to Earnings Ratio vs Peers

How does EMBJ3's PE Ratio compare to its peers?

The above table shows the PE ratio for EMBJ3 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average52.4x
WEGE3 WEG
28.3x12.64%R$177.7b
MAZDOCK Mazagon Dock Shipbuilders
36.7x11.86%₹946.9b
A079550 LIG Defense&Aerospace
53.7x29.48%₩16.7t
HAG Hensoldt
91.1x30.76%€9.1b
EMBJ3 Embraer
29.9x20.89%R$50.7b

Price-To-Earnings vs Peers: EMBJ3 is good value based on its Price-To-Earnings Ratio (29.9x) compared to the peer average (52.4x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does EMBJ3's PE Ratio compare vs other companies in the Global Aerospace & Defense Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
EMBJ3 29.9xIndustry Avg. 43.8xNo. of Companies24PE020406080100+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: EMBJ3 is good value based on its Price-To-Earnings Ratio (29.9x) compared to the Global Aerospace & Defense industry average (43.8x).

Price to Earnings Ratio vs Fair Ratio

What is EMBJ3's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

EMBJ3 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio29.9x
Fair PE Ratio20.5x

Price-To-Earnings vs Fair Ratio: EMBJ3 is expensive based on its Price-To-Earnings Ratio (29.9x) compared to the estimated Fair Price-To-Earnings Ratio (20.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst EMBJ3 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentR$71.20
R$92.16
+29.44%
5.67%R$100.12R$86.30n/a5
Jun ’27R$72.17
R$92.16
+27.70%
5.67%R$100.12R$86.30n/a5
May ’27R$77.04
R$93.06
+20.80%
9.84%R$109.20R$83.25n/a5
Apr ’27R$80.60
R$94.08
+16.72%
11.41%R$111.20R$80.47n/a5
Mar ’27R$92.42
R$92.44
+0.022%
9.93%R$103.68R$78.85n/a5
Feb ’27R$96.95
R$92.74
-4.34%
10.08%R$104.11R$78.76n/a5
Jan ’27R$88.60
R$97.00
+9.48%
10.58%R$109.23R$81.12n/a5
Dec ’26R$82.67
R$88.82
+7.44%
17.71%R$107.91R$64.49n/a5
Nov ’26R$86.99
R$83.35
-4.19%
19.15%R$105.27R$63.94n/a4
Oct ’26R$80.39
R$82.44
+2.55%
19.26%R$104.26R$63.33n/a4
Sep ’26R$76.54
R$81.36
+6.30%
18.91%R$106.22R$64.52n/a5
Aug ’26R$79.05
R$74.24
-6.08%
16.20%R$92.82R$57.13n/a5
Jul ’26R$80.41
R$72.27
-10.12%
17.88%R$91.88R$55.28n/a5
Jun ’26R$65.49
R$70.28
+7.32%
19.39%R$94.83R$57.05R$72.175
May ’26R$64.92
R$69.78
+7.49%
18.50%R$92.88R$57.16R$77.045
Apr ’26R$65.74
R$67.50
+2.67%
22.38%R$93.11R$50.03R$80.605
Mar ’26R$69.72
R$62.93
-9.73%
17.77%R$79.58R$51.61R$92.426
Feb ’26R$59.70
R$62.39
+4.51%
18.79%R$81.65R$44.79R$96.957
Jan ’26R$56.19
R$61.24
+8.99%
18.91%R$81.80R$45.21R$88.607
Dec ’25R$58.13
R$57.30
-1.42%
18.98%R$77.55R$44.98R$82.677
Nov ’25R$48.47
R$51.43
+6.11%
13.52%R$61.73R$39.89R$86.997
Oct ’25R$47.13
R$49.67
+5.39%
13.13%R$59.28R$39.23R$80.397
Sep ’25R$46.83
R$43.66
-6.77%
19.14%R$58.57R$32.56R$76.547
Aug ’25R$42.02
R$44.14
+5.05%
16.20%R$55.82R$35.96R$79.057
Jul ’25R$36.70
R$41.04
+11.83%
14.99%R$51.75R$33.34R$80.415
Jun ’25R$36.23
R$41.04
+13.28%
14.99%R$51.75R$33.34R$65.495
R$92.16
Fair Value
22.7% undervalued intrinsic discount
5
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/12 01:34
End of Day Share Price 2026/06/11 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Embraer S.A. is covered by 26 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ronald EpsteinBofA Global Research
Andre FerreiraBradesco S.A. Corretora de Títulos e Valores Mobiliários
Lucas MarquioriBTG Pactual