WinstonWınston
Back
Stock

Itaúsa S.A.

ITSA4.SA
47
Financial - Conglomerates · Financial Services
Price
R$13.95
+0.21 (+1.53%)
Market Cap
R$157.53B
Exchange
B3 S.A.
Winston Score
47
Winston is serious
Mixed quality — meaningful strengths and weaknesses.
Data as of Sep 7, 2026 · filings through Jun 30, 2026

§How the score breaks down

Quality
Weak
Growth
Good
Cash Flow
Good
Stability
Good
Valuation
Strong
Dividends
Weak

Share count rising — dilution

+9.0% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 10.24B (2021) → 11.16B (2025)

§Winston Score History

The full picture

Itaúsa S.A. is a diversified holding company, conducting its operations through various subsidiaries across financial and industrial sectors, both domestically in Brazil and on an international scale. Its financial arm provides a comprehensive suite of credit solutions and other banking services, catering to both individual consumers and corporate entities. Within its industrial divisions, the enterprise engages in the manufacturing and distribution of footwear, clothing, textiles, and their related constituents. This segment also encompasses goods made from leather, resin, various forms of rubber (both natural and synthetic), and a variety of sporting articles. Moreover, Itaúsa is involved in the energy sector, specifically through the conveyance of natural gas via pipelines to utility providers. The company's manufacturing portfolio extends to bathroom fixtures, including porcelain and metal components, showers, and electric faucets. It also produces ceramic floor and wall coverings, which are sold under prominent brand names such as Deca, Ceusa, Cecrisa, Hydra, and Portinari. Additionally, it produces pine and eucalyptus wood panels, which serve as essential raw materials for the creation of medium, high, and super-density fiberboards, alongside general fiberboards and chipboards, predominantly marketed under the Durafloor brand. Historically, the firm operated under the moniker Itaúsa - Investimentos Itaú SA. Established in 1966, Itaúsa S.A. maintains its principal office in São Paulo, Brazil.

Growth Profile

When traditional metrics don't capture the full picture, these are the signals growth stock investors use instead.

Revenue Growth

+5.2% YoY

YoY Growth Rate

Slow revenue growth

EPS Growth

+27.0% YoY

YoY Growth Rate

EPS growth accelerating

R&D Spend

R$0/ year

0.0% of revenue

Below sector average (7%)

Research and development spending

Cash Position

Cash flow positive

R$100.1B cash & investments

Quarterly Free Cash Flow

↑ Burn rate improving

Company generates more cash than it spends — no dilution risk from fundraising

Growth context

Itaúsa S.A. is growing revenue at 5% year-over-year. The Winston Score measures business quality today — these growth metrics show what could matter tomorrow.

The Winston Score above measures business quality today. Growth stocks often score lower because they invest in the future rather than maximising current profits. These metrics show what matters most for evaluating that future.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale
Gross Margin
22.7%
Thin — 22.7% gross margin
Profit after running costs
Operating Margin
1.1%
Thin — 1.1% operating margin
Return on the money invested
ROCE
0.1%
Weak — 0.1% return on capital

ROIC between 0% and 5%. They earn a few cents back per dollar invested in the business.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth
Sales YoY
+1.8%
Nearly flat sales (+1.8% YoY)
Profit growth
EPS YoY
+14.1%
Earnings growing (+14.1% YoY)

Healthy double-digit earnings growth — what compounders look like.

How steady the profit is
EPS Consistency
7/8 quarters
Every recent quarter grew earnings vs last year

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash
Cash Conversion
56%
Weak — only 56% of profit becomes cash
Spare cash per sale
FCF Margin
109.5%
Converts sales into free cash efficiently (109.5%)

Free cash flow margin above 20%. Out of every $100 in sales, more than $20 is real cash they keep.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns
Debt / Equity
0.11
Conservative — low debt load (0.11)
Covers its interest
Interest Cover
0.05x
Dangerous — barely covers interest (0.1x)

Interest coverage below 1. Their profits don't cover the interest bill.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit
P/E Ratio (TTM)
8.6x
Attractive valuation — P/E 8.6

P/E under 10. The price tag is small relative to last year's profit.

Cheaper or dearer next year
P/E vs Forward
+0.4
GROWING
Earnings roughly flat

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Dividend
Dividend Yield
0.70%
Small dividend — 0.70% yield

Modest yield. The bulk of any return needs to come from price appreciation.

Dividend record
Dividend Growth
-78.3%
Dividend cut (-78.3% YoY) — warning sign

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free
🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.
Start free trial