Added to YB: 2026-04-24
Pitch date: 2026-04-23
EMBJ [bullish]
Embraer S.A.
-10.64%
current return
Author Info
Aurelion Research is a research analyst with a passion for markets, specializing in high‑conviction ideas across shipping, offshore drilling, and thematic equity research. Sign up for the newsletter.
Company Info
Embraer S.A., together with its subsidiaries, engages in the design, development, manufacture, and sale of aircraft and systems worldwide.
Market Cap
BRL 50.2B
Pitch Price
BRL 63.20
Price Target
76.70 (+41%)
Dividend
1.01%
EV/EBITDA
13.49
P/E
30.33
EV/Sales
1.30
Sector
Aerospace and Defense
Category
growth
Embraer: A Multi Decade Growth Story
EMBJ (new position): Clear 10-yr roadmap to $13B rev by 2030 (from $7.6B in 2025), driven by $31.6B backlog (16.5% CAGR since 2020). Services & Support = 42% EBIT at 15% margins. ROIC 10.2% (2024), expanding to 10.8% (2026). FCF $491M (2025), targeting $1B by 2030. $265M capex in 3 expansion projects: exec aviation production, OGMA engine line ($650M annual rev by 2030), NA MRO. PT $76.7 (2026) / $152 (2030) = 163.8% upside / 21.4% CAGR on 11x EBITDA.
Read full article (5 min)