The best Brazilian stocks are the ones
that clear your bar

Start with the business, then the price. Profitability (ROE and margins) tells you whether the company makes money on what it has; five-year growth tells you whether that is a trend or one good year; net debt over EBITDA tells you how much of the result is already committed. Only then the price: P/E and EV/EBITDA say how many years of earnings you pay. Each of these is a criterion here — tick what you require and see how many are left.

Sort by DY and compare it with the DY without one-offs. The first adds up everything paid in 12 months; the second removes out-of-pattern payments — more than 2.5 times the three-year median, or whatever exceeds the year's earnings. When the two are far apart, the high yield came from an event that tends not to repeat. Also filter the payout: above 100% the company paid more than it earned.

A low P/E alone is not enough: a company with falling earnings looks cheap on the earnings it is losing. Cross P/E with earnings growth, P/B with ROE, and check EV/EBITDA, which includes debt. The ready-made question “Cheap and profitable” does that cross-check.

Banks and insurers file with the CVM under a different chart of accounts: there is no EBITDA or net debt in the sense of an ordinary company, and equity is not read from the same line. Instead of showing a wrong number, the screener leaves those fields empty for them — each criterion says how many stocks it measures, and the “Exclude banks and insurers” filter separates the two worlds.

Revenue, earnings, EBITDA, debt and equity come from the ITR and DFP filings delivered to the CVM (Brazil's SEC), quarter by quarter; price, volume and dividends from the trading history. Multiples use the trailing 12 months and the latest close. Nothing is estimated by a model: data the company did not publish stays blank.