Cyrela Brazil Realty S.A. Empreendimentos e Participações Sponsored ADR (CYRBY)
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Cyrela Brazil Realty S.A. Empreendimentos e Participações (CYRBY) Q1 2026 Earnings Call Transcript
Cyrela Brazil Realty S.A. Empreendimentos e Participações (CYRBY) Q1 2026 Earnings Call Transcript
Cyrela Brazil Realty S.A. Empreendimentos e Participações (CYRBY) Q4 2025 Earnings Call Transcript
Cyrela Brazil Realty S.A. Empreendimentos e Participações (CYRBY) Q4 2025 Earnings Call Transcript
Cyrela Brazil Realty S.A. Empreendimentos e Participações (CYRBY) Q3 2025 Earnings Call Transcript
Cyrela Brazil Realty S.A. Empreendimentos e Participações (OTCPK:CYRBY) Q3 2025 Earnings Call November 14, 2025 9:00 AM EST Company Participants Miguel Mickelberg - CFO, Investor Relations Officer & Member of the Board of Executive Officers Iuri Zanutto J.
Cyrela: Paying You To Wait -- Deep Value In Brazil's High-End Homebuilde
Cyrela combines high profitability with a deeply discounted valuation of 5× P/E while offering a 5% yield, offering strong cash returns while trading below historical and sector multiples. The company's focus is on luxury housing and exposure to middle and low-income segments (through subsidiaries) offering a resilient high-end mix and diversified brands supporting sales even amid high interest rates. A turn in Brazil's interest rate cycle would likely unlock substantial upside as valuations adjust and demand improves.
Cyrela: High Interest Rates Could Benefit This Construction Company
I recommend buying Cyrela shares due to its resilience in the luxury real estate segment, even amid high interest rates. Cyrela's strong market position in São Paulo and diversified income segments bolster its financial health and competitive advantage. The company's valuation is attractive, with a 45% upside potential based on P/B metrics and consistent revenue growth.
Cyrela Brazil Realty S.A. Empreendimentos e Participações (CYRBY) Q4 2024 Earnings Call Transcript
Cyrela Brazil Realty S.A. Empreendimentos e Participações (OTCPK:CYRBY) Q4 2024 Earnings Conference Call March 21, 2025 10:00 AM ET Company Participants Raphael Horn - Chief Executive Officer Miguel Maia Mickelberg - Chief Financial and Investor Relations Officer Conference Call Participants Pedro Lobato - Bradesco BBI Elvis Credendio - BTG Fanny Oreng - Santander Ygor Altero - XP Tainan Costa - UBS André Mazini - Citibank Carla Graca - Bank of America Rafael Rehder - Safra Mariangela de Castro - Itaú BBA Jorel Guilloty - Goldman Sachs Marcelo Motta - JPMorgan Operator Good morning, ladies and gentlemen, and welcome to Cyrela Brazil Realty S.A.
