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Minerva SA (MRVSY)
OTHER OTC:MRVSY
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Minerva SA
(OTC:MRVSY)
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Select Model
Rating:56Neutral
Price Target:
$5.50
â–²(9.56% Upside)
Minerva SA's overall stock score is driven by strong earnings call performance and bullish technical indicators. However, financial performance concerns, particularly high leverage and profitability issues, weigh heavily on the score. The valuation is mixed, with a negative P/E ratio but a decent dividend yield.
Minerva SA (MRVSY) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.35B
Dividend Yield2.62%
Average Volume (3M)0.00
Price to Earnings (P/E)―
Beta (1Y)0.13
Revenue Growth58.84%
EPS Growth-6505.23%
CountryUS
Employees40,000
SectorConsumer Defensive
Sector Strength42
IndustryAgricultural Farm Products
Share Statistics
EPS (TTM)0.09
Shares Outstanding250,016,510
10 Day Avg. Volume0
30 Day Avg. Volume0
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)-6.67
Price to Sales (P/S)0.09
P/FCF Ratio0.55
Enterprise Value/Market Cap2.65
Enterprise Value/Revenue0.08
Enterprise Value/Gross Profit0.43
Enterprise Value/Ebitda1.11
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Minerva SA Business Overview & Revenue Model
Company DescriptionMinerva S.A. engages in the production and sale of fresh beef, livestock, and by-products in South America. It is also involved in slaughtering and deboning, and processing of cattle, meat, beef, and sheep meat; selling chilled, frozen, and processed meat, as well as beef, pork, and poultry products; exporting and selling live cattle; and breeding and selling live cattle, lambs, pigs, and other live animals. In addition, the company trades in and sells electric power; trades in food products; sells third parties' brands primarily Swift products; and prepares products for animals, which include meat/bone meal, blood, and tallow. It operates 25 cattle slaughtering plants in Brazil, Paraguay, Argentina, Uruguay, and Colombia. The company was founded in 1957 and is headquartered in Barretos, Brazil.
How the Company Makes MoneyMinerva SA generates revenue through multiple streams, primarily from the sale of beef and meat products to wholesalers, retailers, and food service companies. The company's revenue model is heavily reliant on its extensive supply chain, which encompasses livestock procurement, meat processing, and distribution. Additionally, Minerva benefits from exporting its products to international markets, which provides a significant boost to its earnings. The company also engages in strategic partnerships with local and global distributors, enhancing its market reach and operational efficiency. Factors contributing to Minerva's earnings include its focus on quality control, compliance with health and safety regulations, and the increasing global demand for protein-rich diets.
Minerva SA Earnings Call Summary
Earnings Call Date:Nov 05, 2025
(Q3-2025)
| % Change Since: |
Next Earnings Date:Feb 19, 2026
Earnings Call Sentiment Positive
Minerva Foods reported strong financial and operational performance in Q3 2025, with record revenue, EBITDA, and free cash flow generation. The successful integration of new assets and reduction in net leverage further strengthened the company's position. However, challenges such as increased cattle prices and potential risks in the Chinese market were noted. Overall, the company's strategic initiatives and geographic diversification have positioned it well to navigate these challenges.Q3-2025 Updates
Positive Updates
Record-Breaking Revenue and EBITDA
Minerva Foods achieved a record gross revenue of BRL 16.3 billion and a record EBITDA of BRL 1.4 billion with an EBITDA margin of 8.9% for Q3 2025. Annual gross revenue also reached a record high of approximately BRL 54.4 billion with EBITDA totaling BRL 4.6 billion.
Successful Integration of Acquired Assets
Integration of the newly acquired assets was completed ahead of schedule, reflecting operational efficiency and the strong commitment of Minerva's teams. The new assets contributed BRL 3.9 billion in gross revenue for Q3 2025.
Reduction in Net Leverage
Minerva Foods reduced net leverage to 2.5x net debt over EBITDA, the lowest level since 2022, aligning with the company's commitment to improving its capital structure.
Strong Free Cash Flow Generation
The company generated a record positive free cash flow of BRL 2.5 billion in Q3 2025, with a total of BRL 2.9 billion over the last 12 months.
Geographic Diversification and Export Performance
Exports accounted for 70% of gross revenue in Q3 2025 with strong demand from China and the U.S. due to favorable market conditions.
Sustainability and ESG Commitment
Minerva Foods published its 14th sustainability report, confirming its commitment to the ESG agenda and achieving 100% compliance in the socioenvironmental audit of cattle purchases in Paraguay for six consecutive years.
Negative Updates
Impact of Cattle Price Increases on Gross Margin
The gross margin was impacted negatively due to a 25% increase in cattle prices compared to the previous quarter, although this was partially offset by scale gains and cost dilution.
Potential Market Risks in China
Concerns about potential safeguard measures in China could impact future exports, despite record import volumes driven by the Chinese New Year preparations.
Company Guidance
In the third quarter of 2025, Minerva Foods reported record financial performance, achieving gross revenue of BRL 16.3 billion and an EBITDA of BRL 1.4 billion, with an EBITDA margin of 8.9%. Over the last 12 months, the company posted gross revenue of approximately BRL 54.4 billion and EBITDA totaled BRL 4.7 billion. Exports were a significant driver, contributing 61% of consolidated gross revenue for the quarter. The company also reported a net income of BRL 120 million for Q3, bringing the year-to-date total to BRL 763 million. Net leverage improved, reaching 2.5x net debt over EBITDA, supported by a robust cash position of BRL 14.9 billion. Additionally, Minerva successfully completed the integration of newly acquired assets ahead of schedule, contributing BRL 3.9 billion in Q3 gross revenue. The company highlighted strategic advancements, including a BRL 2 billion debenture issuance and continued progress in sustainability initiatives.Minerva SA Financial Statement Overview
Summary
Minerva SA shows strong revenue growth but struggles with profitability and financial stability. High leverage and a negative equity position pose significant risks, while cash flow generation remains a relative strength.Income Statement
The income statement shows mixed results. While revenue has grown significantly by 16.42% in the TTM, the company is struggling with profitability, as indicated by a negative net profit margin of -3.16%. The gross profit margin remains stable at around 20%, but the negative net income suggests challenges in cost management or other operational issues.45
Neutral
Balance Sheet
The balance sheet reveals significant financial leverage, with a high debt-to-equity ratio of -42.25 in the TTM, indicating potential financial risk. The return on equity is negative, reflecting losses and a weak equity position. The equity ratio is low, suggesting a heavy reliance on debt financing.30
Negative
Cash Flow
Cash flow analysis shows a decline in free cash flow growth by -10.94% in the TTM. However, the company maintains a relatively strong free cash flow to net income ratio of 0.85, indicating good cash generation relative to its net losses. The operating cash flow to net income ratio is also positive, suggesting operational cash flow remains a strength.55
Neutral
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 44.33B | 34.07B | 26.89B | 30.98B | 26.97B | 19.41B |
| Gross Profit | 8.43B | 7.00B | 5.51B | 5.74B | 4.65B | 3.83B |
| EBITDA | 3.25B | 2.20B | 2.48B | 2.02B | 1.95B | 2.12B |
| Net Income | -847.11M | -1.56B | 421.05M | 652.53M | 598.88M | 697.09M |
Balance Sheet | ||||||
| Total Assets | 44.48B | 42.14B | 28.59B | 21.40B | 20.07B | 16.92B |
| Cash, Cash Equivalents and Short-Term Investments | 12.55B | 14.46B | 12.68B | 7.07B | 7.30B | 6.39B |
| Total Debt | 26.76B | 30.12B | 21.58B | 13.80B | 13.44B | 12.87B |
| Total Liabilities | 42.45B | 42.05B | 27.93B | 20.34B | 19.42B | 16.08B |
| Stockholders Equity | 1.43B | -478.64M | 174.38M | 506.83M | 654.13M | 840.07M |
Cash Flow | ||||||
| Free Cash Flow | 3.97B | 5.81B | 1.98B | 2.32B | 2.09B | 2.87B |
| Operating Cash Flow | 4.80B | 6.56B | 2.70B | 3.13B | 2.59B | 3.22B |
| Investing Cash Flow | -6.55B | -6.47B | -2.48B | -1.66B | -568.52M | -376.10M |
| Financing Cash Flow | -2.32B | 799.69M | 5.35B | -1.45B | -1.97B | -1.83B |
Minerva SA Technical Analysis
Positive
5.02
Price Trends
4.97
Positive
4.42
Positive
4.37
Positive
Market Momentum
-0.03
Positive
51.07
Neutral
34.50
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MRVSY, the sentiment is Positive. The current price of 5.02 is below the 20-day moving average (MA) of 5.09, above the 50-day MA of 4.97, and above the 200-day MA of 4.37, indicating a neutral trend. The MACD of -0.03 indicates Positive momentum. The RSI at 51.07 is Neutral, neither overbought nor oversold. The STOCH value of 34.50 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MRVSY.
Minerva SA Peers Comparison
UnderperformOutperform
Sector (62)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | $18.56B | 10.31 | 10.24% | 2.90% | 10.29% | 17.32% | |
69 Neutral | $1.69B | 21.63 | 3.95% | 3.44% | 1.11% | 414.23% | |
66 Neutral | $766.95M | 32.85 | 1.69% | 4.56% | -7.37% | -84.53% | |
63 Neutral | $28.17B | 23.85 | 5.35% | 3.58% | -4.31% | -29.96% | |
63 Neutral | $1.33B | 45.72 | 8.75% | 2.40% | 7.09% | -83.75% | |
62 Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% | |
56 Neutral | $1.35B | -5.49 | -74.36% | 2.62% | 58.84% | -6505.23% |
* Consumer Defensive Sector Average
MRVSY
Minerva SA
5.02
1.11
28.34%
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DOLE
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-4.03%
Minerva SA Corporate Events
Minerva S.A. Reports Record Q2 2025 Earnings
Aug 8, 2025
Minerva S.A. is a leading South American company specializing in the export of fresh beef and cattle byproducts, while also operating in the processed foods sector, with a significant presence in international markets.
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.