EN DE
STOCK COMPARISON

B3 S.A. - Brasil Bolsa Balcão vs S&P Global: Fair Value & Quality

Both stocks run through our valuation models. Here is how B3 S.A. - Brasil Bolsa Balcão (B3SA3) and S&P Global (SPGI) compare, as of Sep 5, 2026.

As of Sep 5, 2026, Fair Value Calculator sees B3 S.A. - Brasil Bolsa Balcão as the less overvalued of the two: B3 S.A. - Brasil Bolsa Balcão trades at BRL 17.35 versus a fair value of BRL 9.85 (-43%), while S&P Global trades at $451 versus $196 (-56%).
B3 S.A. - Brasil Bolsa Balcão
B3SA3.SA · BRL · Financials
-43%
upside to fair value
overvalued
PriceBRL 17.35
Fair ValueBRL 9.85
Quality63/100
S&P Global
SPGI · USD · Financials
-56%
upside to fair value
overvalued
Price$451
Fair Value$196
Quality80/100
Get comparisons like this free by email every month: the most undervalued quality stocks.

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

B3 S.A. - Brasil Bolsa BalcãoS&P Global
Valuation
18.6×P/E (TTM)28.1×
7.20×P/S (TTM)8.61×
4.36×P/B4.33×
12.3×EV/EBITDA18.6×
1.21×PEG1.85×
−43.2%Fair value upside−56.4%
1.8%Dividend yield0.9%
BRL 0.31Dividend per share$3.85
Profitability
67%Operating margin44%
0.93×EBIT margin trend (5Y)0.87×
27%Return on equity14%
9%Return on assets7%
Growth
20%Revenue growth (YoY)10%
3.5%Avg. growth/yr (3Y)11.1%
4.4%Avg. growth/yr (5Y)15.6%
+7.3%Value creation/yr+8.4%
Balance & size
3.8×Interest coverage (EBIT/interest)22.6×
0.81×Debt / equity0.40×
$15BMarket cap$135B
expensiveGrowth qualityhealthy

B3 S.A. - Brasil Bolsa Balcão leads: 9 to 7 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

B3 S.A. - Brasil Bolsa Balcãoof which business quality 55 · market factors 67 S&P Globalof which business quality 74 · market factors 45
ProfitabilityMargins and returns on capital today
57
50
Quality GrowthAre margins and returns improving?
54
59
CashflowEarnings quality: real cash, not paper profit
19
88
Fin. StrengthBalance sheet, leverage, solvency risk
36
66
InvestmentDisciplined investing over empire-building
98
100
Low VolatilityCalm price path (market factor)
77
59
MomentumPrice trend over the last 3–12 months (market factor)
57
41
52W MomentumDistance to the 52-week high (market factor)
72
35
Net IssuanceBuybacks instead of dilution
100
99

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyB3 S.A. - Brasil Bolsa BalcãoPrice BRL 17.35S&P GlobalPrice $451
DCF Models-37%below the priceBRL 10.86-52%below the price$217
Earnings-Based+47%above the priceBRL 25.52-52%below the price$214
Dividend Discount-71%below the priceBRL 5.09-85%below the price$68.00
Multiples-52%below the priceBRL 8.41-62%below the price$172
Asset-Based-87%below the priceBRL 2.34-84%below the price$70.70
Growth DCF-89%below the priceBRL 1.98-54%below the price$208
Economic Profit-51%below the priceBRL 8.47-70%below the price$133
Minimum-89%below the priceBRL 1.98-85%below the price$68.00
Maximum+47%above the priceBRL 25.52-52%below the price$217
Median-52%below the priceBRL 8.41-62%below the price$172
Geometric mean-63%below the priceBRL 6.45-69%below the price$140

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

B3 S.A. - Brasil Bolsa Balcão: 10 of 12 models see the stock below the current price.

S&P Global: 13 of 13 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

B3 S.A. - Brasil Bolsa Balcão
Bear BRL 5.39Fair Value BRL 9.85Bull BRL 18.16
BRL 17.35 = current price (white tick)
S&P Global
Bear $135Fair Value $196Bull $300
$451 = current price (white tick)

Compare two other stocks

Tap a field and type again, ticker or company name.

Free, no sign-up

Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

B3 S.A. - Brasil Bolsa Balcão · Financials

Quality score63 · Top 25%
Fair value upside-43% · bottom 25%

S&P Global · Financials

Quality score80 · Top 25%
Fair value upside-56% · bottom 25%

Bottom line

As of Sep 5, 2026, Fair Value Calculator sees B3 S.A. - Brasil Bolsa Balcão as the less overvalued of the two: B3 S.A. - Brasil Bolsa Balcão trades at BRL 17.35 versus a fair value of BRL 9.85 (-43%), while S&P Global trades at $451 versus $196 (-56%).

S&P Global has the higher quality score (80/100).

See the full analysis →

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

Free · Top-25 report

See the undervalued quality stocks every month

Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.

A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.