Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
JHSF3.SA
Strong BuyFull HouseAPPROVEJHSF Participações S.A. · Real Estate · Brazil · $1.3B · Avg Vol: $8M/d
JHSF operates in the high-end luxury real estate and hospitality market, catering to an ultra-wealthy demographic that remains insulated from broader inflationary pressures. The combination of insider buying and active, aggressive buyback programs demonstrates strong management conviction in intrinsic value. The business model generates strong owner earnings through recurring revenue streams from its luxury malls and private airport services, acting as a structural inflation hedge within the Brazilian market.
COMPANY DESCRIPTION
JHSF Participações S.A., together with its subsidiaries, engages in the real estate business in Brazil and internationally. It operates through five segments: Recurring Income; Real Estate Business; Airport, Hotels and Restaurants; and Holding.
FINANCIAL SUMMARY (BRL)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.9B | 1.6B | 1.6B | 3.5B | 21.6% | 4.1B | 3.7B | 2.7B | -12.1% |
| EPS (BRL) | 0.95 | 0.67 | 1.26 | 2.78 | 43.1% | 3.13 | 2.66 | 1.70 | -21.9% |
| Shares | 676.4M | 677.9M | 675.7M | 666.3M | -1.5% | 662.7M | — | — | — |
| Debt | 3.1B | 3.3B | 4.5B | 5.9B | 24.1% | 6.9B | — | — | — |
| Equity | 4.7B | 4.8B | 5.4B | 6.7B | 12.4% | — | — | — | — |
| Op CF | -215.1M | 119.9M | 330.0M | 3.7B | 452.1% | 3.7B | — | — | — |
| Inv CF | -758.4M | 45.1M | -379.9M | -1.8B | — | — | — | — | — |
| Fin CF | 820.8M | -115.9M | 857.8M | 632.2M | — | — | — | — | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Real Estate, ranked by industry match, size, and score similarity. Cross-listings of JHSF3.SA are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| JHSF3.SA | JHSF Participações S.A.(you) | $1.3B | 100 | Strong Buy |
| TEND3.SA | Construtora Tenda S.A. | $772M | 94 | Strong Buy |
| CURY3.SA | Cury Construtora e Incorporadora S.A. | $1.9B | 89 | Strong Buy |
| EZTC3.SA | EZTEC Empreendimentos e Participações S.A. | $626M | 89 | Strong Buy |
| DIRR3.SA | Direcional Engenharia S.A. | $1.1B | 67 | Buy |
| EVEN3.SA | Even Construtora e Incorporadora S.A. | $162M | 78 | Buy |
| TRIS3.SA | Trisul S.A. | $211M | 70 | Buy |
| MTRE3.SA | Mitre Realty Empreendimentos e Participações S.A. | $63M | 88 | Strong Buy |
| MRVE3.SA | MRV Engenharia e Participações S.A. | $561M | 36 | Hold |
| PLPL3.SA | Plano & Plano Desenvolvimento Imobiliário S.A. | $274M | 49 | Hold |
Peer medians: ROE 9.6% · P/E 9.1x · Gross margin 81.1%