Best Brazilian Stocks: October 2026
Quality 81: high return on equity and strong free cash flow. Value 81: cheap on P/E and cheap on EV/EBITDA. Momentum 68: outperforming the market over 6 months and above its moving averages.
October 2026 edition · data as of ·6 new, 6 out, biggest climb TGMA3.SA since September·Next edition forms ·How we score stocks·How past rankings did·All Brazil stocks, refreshed daily
Top 25 Brazilian Stocks by StockRank
- New in October 2026: Equinor ASA E1QN34.SA, Transmissora Aliança de Energia Elétrica S.A. TAEE3.SA, Petróleo Brasileiro S.A. - Petrobras PETR4.SA, Sendas Distribuidora S.A. ASAI3.SA, Companhia Energética do Ceará - COELCE COCE5.SA, Cruzeiro do Sul Educacional S.A. CSED3.SA
- Dropped out: Transmissora Aliança de Energia Elétrica S.A. TAEE4.SA, Vibra Energia S.A. VBBR3.SA, São Martinho S.A. SMTO3.SA, Construtora Tenda S.A. TEND3.SA, Petróleo Brasileiro S.A. - Petrobras PETR3.SA, Gold Fields Limited G1FI34.SA
- Biggest climbs: Tegma Gestão Logística S.A. TGMA3.SA #14 to #7, ISA Energía Brasil S.A. ISAE3.SA #17 to #11, Eucatex S.A. Indústria e Comércio EUCA4.SA #19 to #14
- Biggest falls: PagSeguro Digital Ltd. PAGS34.SA #4 to #15, Bradsaúde S.A. SAUD3.SA #12 to #23, Intelbras S.A. - Indústria de Telecomunicação Eletrônica Brasileira INTB3.SA #6 to #13
What changed since September: 6 new, 6 out
- New in October 2026: Equinor ASA E1QN34.SA, Transmissora Aliança de Energia Elétrica S.A. TAEE3.SA, Petróleo Brasileiro S.A. - Petrobras PETR4.SA, Sendas Distribuidora S.A. ASAI3.SA, Companhia Energética do Ceará - COELCE COCE5.SA, Cruzeiro do Sul Educacional S.A. CSED3.SA
- Dropped out: Transmissora Aliança de Energia Elétrica S.A. TAEE4.SA, Vibra Energia S.A. VBBR3.SA, São Martinho S.A. SMTO3.SA, Construtora Tenda S.A. TEND3.SA, Petróleo Brasileiro S.A. - Petrobras PETR3.SA, Gold Fields Limited G1FI34.SA
- Biggest climbs: Tegma Gestão Logística S.A. TGMA3.SA #14 to #7, ISA Energía Brasil S.A. ISAE3.SA #17 to #11, Eucatex S.A. Indústria e Comércio EUCA4.SA #19 to #14
- Biggest falls: PagSeguro Digital Ltd. PAGS34.SA #4 to #15, Bradsaúde S.A. SAUD3.SA #12 to #23, Intelbras S.A. - Indústria de Telecomunicação Eletrônica Brasileira INTB3.SA #6 to #13
| # | Stock | Yield | P/E | Score | Q | V | M | Style · Activity | |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Yield 6.3% | P/E 3.7 | 100 Score | 81 Q | 81 V | 68 M | Full HouseBuyback | ||
| 2 | Momentum 78: above its moving averages and quarterly earnings growing. Quality 78: F-Score 4/4 and ROIC in the top 5% of its sector. Value 73: below book value and cheap on EV/EBITDA. | Yield 2.6% | P/E 11.7 | 100 Score | 78 Q | 73 V | 78 M | Full House | |
| 3 | Value 77: a high yield and below book value. Momentum 75: near its 52-week high and outperforming the market over 6 months. Quality 73: wide operating margins and high return on equity. | Yield 7.3% | P/E 8.7 | 99 Score | 73 Q | 77 V | 75 M | Full House | |
| 4 | Value 80: cheap on P/E and cheap on EV/EBITDA. Momentum 76: near its 52-week high and outperforming the market over 6 months. Quality 68: wide operating margins and high return on equity. | Yield 3.4% | P/E 6.5 | 99 Score | 68 Q | 80 V | 76 M | Full House | |
| 5 | Momentum 77: quarterly earnings growing and near its 52-week high. Quality 76: wide operating margins and F-Score 8/9. Value 68: cheap on free cash flow and cheap on EV/EBITDA. | Yield 3.3% | P/E 13.0 | 99 Score | 76 Q | 68 V | 77 M | Full HouseDeep dive → | |
| 6 | Value 81: below book value and cheap on EV/EBITDA. Quality 75: ROIC in the top 10% of its sector and strong free cash flow. Momentum 64: EPS improving and outperforming the market over 6 months. | Yield 2.3% | P/E 6.1 | 99 Score | 75 Q | 81 V | 64 M | Full HouseDir. buyBuyback | |
| 7 | Quality 76: ROIC in the top 5% of its sector and high return on equity. Momentum 72: near its 52-week high and outperforming the market over 6 months. Value 72: a high yield and cheap on P/E. | Yield 10.3% | P/E 9.2 | 99 Score | 76 Q | 72 V | 72 M | Full House | |
| 8 | Quality 74: wide operating margins and high return on equity. Momentum 74: near its 52-week high and outperforming the market over 6 months. Value 70: cheap on P/E and cheap on EV/EBITDA. | Yield 1.2% | P/E 8.5 | 99 Score | 74 Q | 70 V | 74 M | Full House | |
| 9 | Momentum 82: near its 52-week high and outperforming the market over 6 months. Value 76: a high yield and cheap on free cash flow. Quality 59: strong free cash flow but high debt. | Yield 5.6% | P/E 18.4 | 99 Score | 59 Q | 76 V | 82 M | Full House | |
| 10 | Momentum 79: near its 52-week high and outperforming the market over 6 months. Value 75: a high yield and cheap on P/E. Quality 63: high return on equity and ROIC in the top 10% of its sector. | Yield 8.3% | P/E 7.4 | 99 Score | 63 Q | 75 V | 79 M | Full House | |
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| 11 | Momentum 76: quarterly earnings growing and near its 52-week high. Value 73: cheap on P/E and a high yield; P/FCF excluded. Quality 65: wide operating margins and a liquid balance sheet. | Yield 5.2% | P/E 8.3 | 98 Score | 65 Q | 73 V | 76 M | Full House | |
| 12 | Value 85: valuation ratios not meaningful for a financial. Momentum 74: near its 52-week high and outperforming the market over 6 months. Quality 54: mixed. | Yield 9.0% | P/E 4.6 | 98 Score | 54 Q | 85 V | 74 M | Full House | |
| 13 | Value 79: a high yield and cheap on P/E. Quality 72: strong free cash flow and high return on equity. Momentum 62: near its 52-week high and above its moving averages. | Yield 8.1% | P/E 8.2 | 98 Score | 72 Q | 79 V | 62 M | Full HouseDir. buy | |
| 14 | Value 90: cheap on P/E and cheap on EV/EBITDA. Quality 65: ROIC in the top 20% of its sector and strong free cash flow. Momentum 57: outperforming the market over 6 months but quarterly earnings shrinking. | Yield 5.3% | P/E 5.0 | 98 Score | 65 Q | 90 V | 57 M | Full House | |
| 15 | Value 95: a high yield and cheap on EV/EBITDA. Quality 63: wide operating margins and ROIC in the top 10% of its sector. Momentum 52: mixed. | Yield 9.7% | P/E 6.4 | 98 Score | 63 Q | 95 V | 52 M | Full House | |
| 16 | Value 82: cheap on P/E and a high yield. Momentum 65: near its 52-week high and outperforming the market over 6 months. Quality 63: wide operating margins and F-Score 7/9. | Yield 4.7% | P/E 9.0 | 98 Score | 63 Q | 82 V | 65 M | Full House | |
| 17 | Quality 74: ROIC in the top 5% of its sector and high return on equity. Value 71: a high yield and cheap on P/E. Momentum 65: near its 52-week high and outperforming the market over 6 months. | Yield 8.7% | P/E 6.4 | 98 Score | 74 Q | 71 V | 65 M | Full House | |
| 18 | Momentum 81: near its 52-week high and EPS improving. Value 74: cheap on EV/EBITDA and below book value. Quality 55: strong free cash flow. | Yield 3.6% | P/E 18.9 | 98 Score | 55 Q | 74 V | 81 M | Full House | |
| 19 | Momentum 80: near its 52-week high and outperforming the market over 6 months. Value 77: cheap on sales and below book value. Quality 51: mixed. | Yield 3.7% | P/E 16.8 | 97 Score | 51 Q | 77 V | 80 M | Full HouseDir. buy | |
| 20 | Value 86: cheap on P/E and cheap on EV/EBITDA. Quality 77: high return on equity and ROIC in the top 10% of its sector. Momentum 44: EPS deteriorating. | Yield 5.0% | P/E 6.0 | 97 Score | 77 Q | 86 V | 44 M | Unloved Quality | |
| 21 | Momentum 81: near its 52-week high and outperforming the market over 6 months. Quality 78: high gross profitability and high return on equity. Value 46: a high yield but far above book value. | Yield 7.6% | P/E — | 96 Score | 78 Q | 46 V | 81 M | Premium Grower | |
| 22 | Momentum 83: near its 52-week high and quarterly earnings growing. Value 66: cheap on sales and cheap on free cash flow. Quality 55: F-Score 8/9 but high debt. | Yield 1.0% | P/E 14.3 | 96 Score | 55 Q | 66 V | 83 M | Full House | |
| 23 | Quality 85: high gross profitability and ROIC in the top 5% of its sector. Momentum 69: quarterly earnings growing and above its moving averages. Value 49: cheap on P/E but expensive on free cash flow. | Yield 2.5% | P/E 12.9 | 96 Score | 85 Q | 49 V | 69 M | Premium Grower | |
| 24 | Value 87: cheap on free cash flow and cheap on sales. Momentum 62: outperforming the market over 6 months and near its 52-week high. Quality 55: strong free cash flow but a tight balance sheet. | Yield 4.7% | P/E 13.2 | 96 Score | 55 Q | 87 V | 62 M | Full House | |
| 25 | Value 85: a high yield and cheap on free cash flow. Quality 65: strong free cash flow and F-Score 8/9. Momentum 53: quarterly earnings growing but EPS deteriorating. | Yield 9.2% | P/E 6.2 | 96 Score | 65 Q | 85 V | 53 M | Full House | |
Ranked by StockRank (Quality + Value + Momentum composite) at a minimum market cap of $250M. Yield and P/E are as of the data date; click a ticker for today’s price and score. A new edition is generated on the first scoring run of each month.
Director buying reported in the 90 days to : Iguatemi S.A. IGTI3.SA, Intelbras S.A. - Indústria de Telecomunicação Eletrônica Brasileira INTB3.SA, Metalurgica Gerdau S.A. GOAU3.SA
Active share buybacks in the 180 days to : JHSF Participações S.A. JHSF3.SA, Iguatemi S.A. IGTI3.SA
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How Brazil scores
Where the top 25 come from, and how the whole Brazilian market sits against the global universe. StockRank is a global percentile, so the universe splits evenly into five bands by construction; a market that piles up on the right is scoring well as a whole.
Top 25 by sector
- Utilities5
- Healthcare4
- Industrials4
- Consumer Defensive3
- Basic Materials2
- Energy2
- Other5
Share of Brazilian stocks by StockRank band
- 0-194% / 20%
- 20-3913% / 20%
- 40-5914% / 20%
- 60-7931% / 20%
- 80-10038% / 20%
Brazilall markets
A Cheap Market Priced Off the Policy Rate
Brazil is where a double-digit policy rate collides with a market full of cash-generative businesses, and the result is some of the lowest earnings multiples and highest dividend yields in the investable world. The discount is macro, not company by company, which is exactly the condition a factor screen is built for. The list below is where the factors line up.
MoatMap scored 346 Brazilian stocks on 2026-10-01; 256 cleared the $250M market-cap floor this list applies. The market's average StockRank is 69. Utilities is the most represented sector in the top 10 (3 names).
Brazilian equity valuations are dominated by one number: the Selic policy rate. When local investors can earn a double-digit yield on government paper with no equity risk, capital leaves the stock market wholesale and the exchange derates regardless of what individual companies earn. That is why B3 routinely trades at single-digit earnings multiples across banks, utilities, insurers and commodity producers at the same time. The corollary matters just as much for a screen: when the rate cycle eventually turns, the rerating is broad rather than name by name, and the businesses that were compounding through the tight-money period start from the cheapest base.
The market's income culture is written into company law rather than into custom. Brazilian corporations must distribute a minimum share of adjusted net profit each year, and many go well beyond it, which is one reason the exchange's headline dividend yield sits among the highest of any market MoatMap covers. Distributions often arrive partly as interest on equity, a Brazilian instrument that is deductible for the company and taxed at the shareholder, so the headline yield and the cash that reaches a foreign holder can differ. Read shareholder yield here as dividends plus buybacks plus that third channel, and check how a given company splits them.
Two structural quirks shape what a Brazilian screen surfaces. Share classes are the first: most large issuers list ordinary (ON, ticker ending 3) and preferred (PN, ending 4) lines, sometimes plus a stapled unit ending 11, and the two lines of one company can trade at meaningfully different prices while scoring almost identically. This page collapses them, so each company occupies one slot at its better-scoring class. The second is governance tiering: B3's Novo Mercado segment demands one share one vote and a genuinely independent board, and its members behave differently from legacy dual-class structures on exactly the minority-protection questions that decide whether cheap stays cheap.
Disclosure runs through the CVM, and its shape is worth knowing before reading the activity callout below the table. The insider register is a MONTHLY filing that reports trades by role GROUP (controlling shareholder, board, executive officers, fiscal council) rather than naming individuals, and it is due after month end, so Brazilian insider activity can surface up to about forty days after the trade. Buyback disclosure is programme-level: what files is the authorization, not a daily print. Both signals are real and both are slower and coarser than the US or UK equivalents, which is a reason to treat them as confirmation rather than as a trigger.
Frequently Asked Questions
- What are the top-ranked Brazilian stocks right now?
- The table above ranks MoatMap's top 25 B3-listed stocks by StockRank, a composite of Quality (ROIC, F-Score, leverage), Value (P/E, EV/EBITDA, P/B, shareholder yield) and Momentum (price trend plus earnings revisions). It refreshes monthly with a stated data date, and each ticker links to a full score breakdown.
- Why are Brazilian stocks so cheap?
- Mostly because of the domestic interest rate. A high Selic rate gives local investors a large risk-free yield, which pulls capital out of equities and compresses multiples across the whole exchange at once. Currency volatility and fiscal worries add to it. The screen's job is separating businesses whose cash flows genuinely deteriorate in that environment from the majority that simply get repriced alongside them.
- What is the difference between ON, PN and unit shares?
- ON shares (ticker ending 3) carry votes; PN shares (ending 4) usually trade without votes but with a dividend preference; units (ending 11) bundle both into one tradable security. One company can therefore have two or three listed lines at different prices. This page shows one line per company, keeping the higher-scoring class, so a top 25 is 25 businesses rather than 25 tickers.
- Is Brazil just Vale and Petrobras?
- They dominate the index weight, but not the opportunity set. B3 also lists large private-sector banks and insurers, electricity utilities and transmission concessions with regulated returns, protein and agribusiness exporters, retail, healthcare and a mid-cap tail with almost no international coverage. Commodity names swing the screen's composition with the cycle, so check the sector column rather than assuming.
- How do foreigners buy Brazilian stocks, and what about the real?
- Larger international brokers offer direct B3 access (tickers like PETR4.SA), and a number of the biggest names also trade as US ADRs, though the interesting mid-cap tail generally does not. Every position carries Brazilian real exposure on top of the equity, and the currency can move enough to dominate a year's return in either direction. Dividend and withholding treatment for non-residents has been under active reform, so confirm the current rules with your broker before comparing Brazilian yields against other markets.
- How often does this Brazil ranking refresh?
- A new edition forms on the first scoring run of each calendar month and the page states its data-as-of date. Underlying scores recompute nightly; for the daily view, use the ranked-stocks screener filtered to Brazil.