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Azevedo & Travassos S.A.

Azevedo & Travassos S.A.

AZEV3.SA
Azevedo & Travassos S.A.BR flagB3 S.A.
1.56
BRL
-0.16
- -
46.23MMarket Cap
Azevedo & Travassos S.A.
AZEV3.SA
(B3 S.A.)

Recent

price

1.56

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
26.15
14.99
13.43
22.97
26.58
23.03
9.77
5.09
3.92
0.14
0.88
1.41
5
2.54
0.77
0.59
0.74
Revenue per Share
1.29
0.65
0.54
0.61
0.57
0.1
-3.18
-6.73
-10.66
-2.86
-1.28
3.49
-1.04
-0.3
-1.35
-1.05
-1.01
Basic EPS, GAAP
-1.9
0.04
0.25
-0.04
0.8
-0.8
-1.79
-0.4
0.49
0.12
0.35
-0.14
-0.84
-0.53
-0.7
- -
-0.31
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.24
0.89
1.25
2.24
2.63
2.74
-0.28
-7
-17.66
-20.24
-8.54
1.96
1.26
1.87
0.69
0.19
0.19
Book Value per Share
1.68
2.32
1.93
3.12
3.53
3.53
0.41
-6.3
-16.94
-19.69
-8.3
-1.7
-0.9
1.05
-0.6
-0.02
-0.01
Tangible Book Value per Share
13
13
16
13
13
13
13
13
13
13
29
54
77
169
197
591
599
Basic Weighted Avg Shares
327
188
218
288
333
288
122
64
49
2
26
77
384
430
152
349
446
Sales/Revenue/Turnover
9.44
3.97
5.25
3.44
4.6
3.38
-38.46
-117.55
-170.7
-1,493.61
3.75
-85.64
-34.37
-31.96
-91.1
-53.41
-96.68
Operating Margin (%)
- -
4
4
4
4
4
4
4
3
3
2
1
39
37
40
216
216
Depreciation Expense
16
8
9
8
7
1
-40
-84
-133
-36
-37
190
-80
-51
-266
-620
-606
Net Income, GAAP
31.16
- -
- -
- -
32.48
47.13
- -
- -
- -
- -
- -
13.5
- -
- -
- -
- -
- -
Effective Tax Rate (%)
4.94
4.3
4.03
2.67
2.13
0.43
-32.51
-132.08
-272.11
-2,041.3
-144.38
247.37
-20.8
-11.82
-175.53
-177.52
-135.85
Profit Margin (%)
46
43
43
42
46
53
9
-39
-154
-197
-118
20
-49
-161
-188
-292
-312
Working Capital
3
4
9
4
3
4
12
24
22
- -
- -
- -
16
9
34
37
27
LT Debt
22
30
32
40
45
45
6
-78
-212
-246
-240
107
97
317
136
112
113
Total Equity
60.17
- -
- -
- -
15.36
7.24
- -
- -
- -
- -
- -
1,694.78
- -
- -
- -
- -
- -
Return on Invested Capital (%)
164.78
- -
- -
- -
24.2
11.56
- -
- -
- -
- -
- -
-393.56
- -
- -
- -
- -
- -
Return on Capital (%)
- -
113.86
55.93
31.75
23.21
3.7
- -
- -
- -
- -
- -
- -
-78.42
-24.54
-117.53
-500.08
-145.78
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
34
203
216
LT Borrowings
4
11
3
LT Finance Leases
27
26
25
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
593
593
593
Market Capitalization
251
157
156

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
214
241
374
Cash, Cash Equivalents & STI
7
30
40
Accounts Receivable, Net
39
35
46
Inventories
21
20
25
Total Current Liabilities
331
533
686
Payables & Accruals
- -
- -
- -
ST Debt
34
203
216
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-133.77%
-0.41%
-18.09%
Free Cash Flow
87.25%
111.67%
-98.32%
Net Income, GAAP
-343.06%
-47.39%
132.77%
Sales/Revenue/Turnover
181.02%
135.7%
130.16%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
50
43
38
21
152
2025
52
79
116
102
349
2026
149
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.1
-0.41
-0.12
- -
-1.35
2025
-0.02
0.1
-1.05
- -
-1.05
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Azevedo & Travassos S.A. (AZEV3.SA) operates as an engineering and construction company focused on infrastructure, petroleum, oil and gas, and investments segments in Brazil. The company provides heavy and pipeline construction, sanitation works, electromechanical assembly, and industrial assembly services; engineering, procurement, construction, and assembly for the oil and gas sector, including modification and repair, production asset management, hookup and integration, onshore and offshore industrial maintenance, and decommissioning; civil engineering projects involving forms, modules, and refineries; real estate purchase, sale, and development; manufacture of cement artifacts, fiber fabrication, and ferrosteel; as well as oil and gas exploration, production, marketing of oil derivatives, natural gas, and other hydrocarbons, oil well retrofits, and related investment activities. Azevedo & Travassos Energia S.A., its subsidiary founded in 2023 and listed as AZTE3.SA, concentrates on oil and gas exploration and production. Founded in 1922 and headquartered in São Paulo, Brazil, the company primarily serves industrial, energy, and infrastructure sectors with operations concentrated in Brazil, including the Potiguar Basin. Recent developments include a binding memorandum of understanding in July 2025 with Petro-Victory Energy Corp. for its acquisition by Azevedo & Travassos Energia S.A., aiming to combine assets and enhance growth through diversified production and exploration portfolios valued at approximately US$39.5 million; partnerships and option agreements since 2024 with Azevedo & Travassos Petróleo S.A. to develop assets like the Andorinha field and Block POT-T-281 in the Potiguar Basin; and in October 2025, an Azevedo & Travassos-led consortium signing a 1.3 billion-real contract with Petrobras for engineering and construction services.