VANECK BRAZIL SMALL-CAP ETF (BRF) Stock Overview
USA - NYSEARCA:BRF - US92189F8251 - ETF
15.62 USD
-0.18 (-1.14%)
We assign a fundamental rating of 6 out of 10 to BRF. BRF was compared to 81 industry peers in the Automobile Components industry. While BRF belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. BRF scores decently on growth, while it is valued quite cheap. This could make an interesting combination. These ratings would make BRF suitable for value investing!
1. Profitability
1.1 Basic Checks
BRF had positive earnings in the past year.
BRF had a positive operating cash flow in the past year.
Each year in the past 5 years BRF has been profitable.
In the past 5 years BRF always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 4.39%, BRF belongs to the top of the industry, outperforming 86.42% of the companies in the same industry.
Looking at the Return On Equity, with a value of 8.81%, BRF belongs to the top of the industry, outperforming 85.19% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 8.17%, BRF belongs to the top of the industry, outperforming 83.95% of the companies in the same industry.
BRF had an Average Return On Invested Capital over the past 3 years of 9.25%. This is in line with the industry average of 8.51%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.39% | ||
| ROE | 8.81% | ||
| ROIC | 8.17% |
ROA(3y)5.45%
ROA(5y)4.73%
ROE(3y)10.95%
ROE(5y)10.02%
ROIC(3y)9.25%
ROIC(5y)8.5%
1.3 Margins
Looking at the Profit Margin, with a value of 5.84%, BRF belongs to the top of the industry, outperforming 90.12% of the companies in the same industry.
BRF's Profit Margin has been stable in the last couple of years.
BRF has a better Operating Margin (10.65%) than 91.36% of its industry peers.
BRF's Operating Margin has been stable in the last couple of years.
The Gross Margin of BRF (27.60%) is better than 82.72% of its industry peers.
BRF's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 10.65% | ||
| PM (TTM) | 5.84% | ||
| GM | 27.6% |
OM growth 3Y-2.46%
OM growth 5Y-1.24%
PM growth 3Y-3.58%
PM growth 5Y-0.79%
GM growth 3Y-0.99%
GM growth 5Y-0.59%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so BRF is still creating some value.
BRF has less shares outstanding than it did 1 year ago.
The number of shares outstanding for BRF has been reduced compared to 5 years ago.
BRF has a worse debt/assets ratio than last year.
2.2 Solvency
BRF has an Altman-Z score of 2.20. This is not the best score and indicates that BRF is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of BRF (2.20) is worse than 70.37% of its industry peers.
The Debt to FCF ratio of BRF is 6.05, which is on the high side as it means it would take BRF, 6.05 years of fcf income to pay off all of its debts.
BRF's Debt to FCF ratio of 6.05 is fine compared to the rest of the industry. BRF outperforms 76.54% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that BRF is not too dependend on debt financing.
BRF has a better Debt to Equity ratio (0.32) than 79.01% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Altman-Z | 2.2 |
ROIC/WACC1.34
WACC6.1%
2.3 Liquidity
A Current Ratio of 1.80 indicates that BRF should not have too much problems paying its short term obligations.
BRF's Current ratio of 1.80 is fine compared to the rest of the industry. BRF outperforms 67.90% of its industry peers.
BRF has a Quick Ratio of 1.12. This is a normal value and indicates that BRF is financially healthy and should not expect problems in meeting its short term obligations.
BRF's Quick ratio of 1.12 is fine compared to the rest of the industry. BRF outperforms 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.12 |
3. Growth
3.1 Past
BRF shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -18.28%.
BRF shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.64% yearly.
BRF shows a decrease in Revenue. In the last year, the revenue decreased by -3.62%.
Measured over the past years, BRF shows a small growth in Revenue. The Revenue has been growing by 2.41% on average per year.
EPS 1Y (TTM)-18.28%
EPS 3Y0.78%
EPS 5Y1.64%
EPS Q2Q%-26.88%
Revenue 1Y (TTM)-3.62%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.36%
3.2 Future
Based on estimates for the next years, BRF will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.63% on average per year.
Based on estimates for the next years, BRF will show a small growth in Revenue. The Revenue will grow by 2.47% on average per year.
EPS Next Y21.13%
EPS Next 2Y18.35%
EPS Next 3Y15.63%
EPS Next 5YN/A
Revenue Next Year-2%
Revenue Next 2Y0.2%
Revenue Next 3Y1.31%
Revenue Next 5Y2.47%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 6.13 indicates a rather cheap valuation of BRF.
Based on the Price/Earnings ratio, BRF is valued cheaply inside the industry as 96.30% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 27.91. BRF is valued rather cheaply when compared to this.
BRF is valuated cheaply with a Price/Forward Earnings ratio of 3.66.
BRF's Price/Forward Earnings ratio is rather cheap when compared to the industry. BRF is cheaper than 98.77% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.30, BRF is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.13 | ||
| Fwd PE | 3.66 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BRF is valued cheaper than 97.53% of the companies in the same industry.
91.36% of the companies in the same industry are more expensive than BRF, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.65 | ||
| EV/EBITDA | 2.72 |
4.3 Compensation for Growth
BRF's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of BRF may justify a higher PE ratio.
BRF's earnings are expected to grow with 15.63% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.29
PEG (5Y)3.73
EPS Next 2Y18.35%
EPS Next 3Y15.63%
5. Dividend
5.1 Amount
BRF has a Yearly Dividend Yield of 4.41%, which is a nice return.
Compared to an average industry Dividend Yield of 3.93, BRF has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, BRF pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.41% |
5.2 History
The dividend of BRF is nicely growing with an annual growth rate of 7.84%!
BRF has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)7.84%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
62.40% of the earnings are spent on dividend by BRF. This is not a sustainable payout ratio.
BRF's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP62.4%
EPS Next 2Y18.35%
EPS Next 3Y15.63%
NYSEARCA:BRF (10/9/2025, 12:08:19 PM)
15.62
-0.18 (-1.14%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupAutomobiles & Components
GICS IndustryAutomobile Components
Earnings (Last)
Earnings (Next)
Inst Owners46.28%
Inst Owner Change0%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap11.02B
Analysts80
Price Target19.8 (26.76%)
Short Float %0%
Short Ratio0.79
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.41% |
Yearly Dividend1.59
Dividend Growth(5Y)7.84%
DP62.4%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)17.37%
PT rev (3m)21.76%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)-1.32%
EPS NY rev (3m)-10.51%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.37%
Revenue NY rev (3m)-2.81%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.13 | ||
| Fwd PE | 3.66 | ||
| P/S | 0.35 | ||
| P/FCF | 7.65 | ||
| P/OCF | 2.8 | ||
| P/B | 0.53 | ||
| P/tB | 0.73 | ||
| EV/EBITDA | 2.72 |
EPS(TTM)2.55
EY16.33%
EPS(NY)4.27
Fwd EY27.32%
FCF(TTM)2.04
FCFY13.08%
OCF(TTM)5.57
OCFY35.68%
SpS44.05
BVpS29.2
TBVpS21.49
PEG (NY)0.29
PEG (5Y)3.73
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.39% | ||
| ROE | 8.81% | ||
| ROCE | 10.41% | ||
| ROIC | 8.17% | ||
| ROICexc | 9.37% | ||
| ROICexgc | 11.66% | ||
| OM | 10.65% | ||
| PM (TTM) | 5.84% | ||
| GM | 27.6% | ||
| FCFM | 4.64% |
ROA(3y)5.45%
ROA(5y)4.73%
ROE(3y)10.95%
ROE(5y)10.02%
ROIC(3y)9.25%
ROIC(5y)8.5%
ROICexc(3y)10.37%
ROICexc(5y)9.81%
ROICexgc(3y)12.78%
ROICexgc(5y)12.13%
ROCE(3y)11.87%
ROCE(5y)10.97%
ROICexcg growth 3Y-1.65%
ROICexcg growth 5Y0.27%
ROICexc growth 3Y-2.16%
ROICexc growth 5Y0.21%
OM growth 3Y-2.46%
OM growth 5Y-1.24%
PM growth 3Y-3.58%
PM growth 5Y-0.79%
GM growth 3Y-0.99%
GM growth 5Y-0.59%
F-Score5
Asset Turnover0.75
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | 6.05 | ||
| Debt/EBITDA | 1.17 | ||
| Cap/Depr | 107.96% | ||
| Cap/Sales | 8.01% | ||
| Interest Coverage | 9.96 | ||
| Cash Conversion | 70% | ||
| Profit Quality | 79.44% | ||
| Current Ratio | 1.8 | ||
| Quick Ratio | 1.12 | ||
| Altman-Z | 2.2 |
F-Score5
WACC6.1%
ROIC/WACC1.34
Cap/Depr(3y)113.8%
Cap/Depr(5y)101.88%
Cap/Sales(3y)7.8%
Cap/Sales(5y)7.31%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-18.28%
EPS 3Y0.78%
EPS 5Y1.64%
EPS Q2Q%-26.88%
EPS Next Y21.13%
EPS Next 2Y18.35%
EPS Next 3Y15.63%
EPS Next 5YN/A
Revenue 1Y (TTM)-3.62%
Revenue growth 3Y4.55%
Revenue growth 5Y2.41%
Sales Q2Q%-3.36%
Revenue Next Year-2%
Revenue Next 2Y0.2%
Revenue Next 3Y1.31%
Revenue Next 5Y2.47%
EBIT growth 1Y-17.5%
EBIT growth 3Y1.98%
EBIT growth 5Y1.14%
EBIT Next Year59.12%
EBIT Next 3Y22.78%
EBIT Next 5Y17.41%
FCF growth 1Y-20.46%
FCF growth 3Y21.5%
FCF growth 5Y7.22%
OCF growth 1Y-10.1%
OCF growth 3Y14.27%
OCF growth 5Y5.48%