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Lavoro Limited Class A Ordinary Shares (LVRO)

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Upturn Advisory Summary
10/22/2025: LVRO (1-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $1.88
1 Year Target Price $1.88
| 2 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 1 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit -17.69% | Avg. Invested days 37 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance | Stock Returns Performance |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 165.00M USD | Price to earnings Ratio - | 1Y Target Price 1.88 |
Price to earnings Ratio - | 1Y Target Price 1.88 | ||
Volume (30-day avg) 3 | Beta 0.48 | 52 Weeks Range 1.25 - 5.60 | Updated Date 10/22/2025 |
52 Weeks Range 1.25 - 5.60 | Updated Date 10/22/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.54 |
Earnings Date
Report Date 2025-09-23 | When After Market | Estimate -0.25 | Actual - |
Profitability
Profit Margin -10.4% | Operating Margin (TTM) 0.17% |
Management Effectiveness
Return on Assets (TTM) 0.25% | Return on Equity (TTM) -62.35% |
Valuation
Trailing PE - | Forward PE 63.69 | Enterprise Value 462663348 | Price to Sales(TTM) 0.02 |
Enterprise Value 462663348 | Price to Sales(TTM) 0.02 | ||
Enterprise Value to Revenue 0.27 | Enterprise Value to EBITDA 6.36 | Shares Outstanding 114585757 | Shares Floating 5796600 |
Shares Outstanding 114585757 | Shares Floating 5796600 | ||
Percent Insiders 10.17 | Percent Institutions 86.36 |
Upturn AI SWOT
Lavoro Limited Class A Ordinary Shares

Company Overview
History and Background
Lavoro Limited was founded in 2017 and is headquartered in Sao Paulo, Brazil. It's a major agricultural inputs retailer in Brazil, formed through a series of acquisitions. In March 2023, Lavoro completed its business combination with TPB Acquisition Corp. I, resulting in Lavoro becoming a publicly listed company on the Nasdaq under the ticker symbol 'LVRO'.
Core Business Areas
- Inputs: Distribution of agricultural inputs like fertilizers, seeds, pesticides, and specialty products.
- Services: Provision of agricultural services including technical assistance, logistics, and financial solutions.
- Specialty Agriculture: Production and commercialization of specialty agricultural products, such as biological inputs.
Leadership and Structure
The CEO of Lavoro is Ruy Cunha. The company operates with a management team overseeing various business units across different regions. The structure is designed to manage its extensive retail network and supply chain effectively.
Top Products and Market Share
Key Offerings
- Fertilizers: Lavoro distributes a wide range of fertilizers. Data on market share is difficult to pinpoint exactly but they are a market leader in fertilizer distribution. Competitors include Nutrien (NTR), Mosaic (MOS), and CF Industries (CF).
- Seeds: Lavoro distributes seeds from various suppliers and their own seed production. No public information on exact numbers but they are a major player. Competitors include Bayer (BAYRY), Corteva (CTVA), and Syngenta (now ChemChina).
- Crop Protection: Lavoro distributes pesticides and herbicides. No exact market share numbers available publicly. Competitors include Bayer (BAYRY), Corteva (CTVA), and Syngenta (now ChemChina).
Market Dynamics
Industry Overview
The agricultural inputs market in Brazil is substantial and growing, driven by the country's significant agricultural output. Demand is influenced by crop prices, weather patterns, and technological advancements in farming practices.
Positioning
Lavoro is a leading agricultural inputs retailer in Brazil. Its competitive advantages include its extensive distribution network, strong relationships with suppliers and farmers, and a comprehensive product and service portfolio.
Total Addressable Market (TAM)
The Brazilian agricultural inputs market is estimated to be worth over $60 billion. Lavoro's is positioned well to address this TAM given its size.
Upturn SWOT Analysis
Strengths
- Extensive distribution network in Brazil
- Strong relationships with suppliers and farmers
- Comprehensive product and service portfolio
- Experienced management team
- Well established and known brand
Weaknesses
- Dependence on the Brazilian agricultural market
- Exposure to currency fluctuations
- Integration risks from acquisitions
- Leverage from acquisitions
- Potential impact of weather on crop yields
Opportunities
- Expanding into new regions within Brazil
- Increasing penetration of specialty agriculture products
- Developing new services and technologies
- Consolidating the fragmented agricultural inputs market
- Growing demand for sustainable agricultural practices
Threats
- Fluctuations in commodity prices
- Changes in government regulations
- Increased competition from other agricultural input retailers
- Economic downturns in Brazil
- Adverse weather conditions affecting crop yields
Competitors and Market Share
Key Competitors
- NTR
- MOS
- CTVA
- BAYRY
Competitive Landscape
Lavoro competes with established global players and regional distributors. Its advantages include a focus on the Brazilian market and a comprehensive product and service offering. Lavoro focuses almost exclusively on Brazil.
Major Acquisitions
Refer to company filings. Lavoro was formed through acquisitions.
- Year: 2017
- Acquisition Price (USD millions):
- Strategic Rationale: Expand market reach and product portfolio.
Growth Trajectory and Initiatives
Historical Growth: Historical growth is primarily from acquisitions, as the company was formed through consolidating retailers.
Future Projections: Future growth is expected to come from organic expansion, new product development, and further acquisitions. Analyst estimates vary. No concrete output available.
Recent Initiatives: Recent initiatives include expanding its digital platform and investing in specialty agriculture products.
Summary
Lavoro is a leading agricultural inputs retailer in Brazil. It grew quickly through acquisitions. The company is now focusing on organic growth and specialty agriculture products. Investors should be wary of its exposure to Brazilian economy, competition, and integration risks from aquisitions.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Industry reports
- Analyst estimates
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Market share estimates are approximate.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Lavoro Limited Class A Ordinary Shares
Exchange NASDAQ | Headquaters São Paulo, SP, Brazil | ||
IPO Launch date 2021-11-01 | CEO - | ||
Sector Basic Materials | Industry Agricultural Inputs | Full time employees 3767 | Website https://www.lavoroagro.com |
Full time employees 3767 | Website https://www.lavoroagro.com | ||
Lavoro Limited operates as an agricultural inputs retailer. The company operates through Brazil Ag Retail, LATAM Ag Retail, and Crop Care segments. It distributes agricultural inputs, such as crop protection, seeds, fertilizers, foliar fertilizers, biologicals, adjuvants, organominerals, and others for the agricultural industry. In addition, the company produces specialty fertilizers, crop protection products, and agricultural crop inputs. Lavoro Limited operates in Brazil, Colombia, Ecuador, Peru, Chile, Paraguay, and Uruguay. The company sells its products through its physical stores and digital channel. Lavoro Limited was founded in 2017 and is headquartered in São Paulo, Brazil.

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