Azevedo & Travassos S.A.

Azevedo & Travassos S.A.

AZEV4.SA
Azevedo & Travassos S.A.BR flagB3 S.A.
1.73
BRL
-0.08
- -
51.84MMarket Cap
Azevedo & Travassos S.A.
AZEV4.SA
(B3 S.A.)

Recent

price

1.73

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
132
126

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
- -
- -
- -
- -
- -
Business
Azevedo & Travassos S.A. functions as a diversified Brazilian engineering and infrastructure conglomerate. Established in 1922, the company's operations are segmented across several key areas. Its heavy and civil construction division undertakes the development of vital infrastructure, including roads, railways, metropolitan transit systems, tunnels, dams, and airport facilities. This segment also constructs complex concrete structures such as bridges and viaducts, alongside a range of buildings for residential, commercial, industrial, and healthcare applications, serving both public and private clients. The company's electromechanical assembly services encompass the construction and installation of gas, oil, and slurry pipelines, as well as maintaining and rehabilitating existing oil and gas transportation networks. It also provides expertise in setting up compression, pressure reduction, and measurement stations. Furthermore, Azevedo & Travassos offers specialized well drilling and completion services for oil, natural gas, mining, and water sources, utilizing onshore drilling and well-servicing equipment. Beyond these core engineering activities, the group is engaged in real estate ventures, including the acquisition, sale, and integration of various property developments, specifically focusing on residential projects. The company also holds investments in concession management, overseeing assets such as sanitation and highway projects through dedicated platforms. In a recent strategic development, Azevedo & Travassos secured a significant contract with Petrobras for the Gaslub Project in Itaboraí, aimed at constructing a hydrogen generation unit to support energy transition initiatives. Through its subsidiaries, the company continues its involvement in oil and natural gas exploration and production, offering a complete suite of services from engineering and construction to asset management and industrial maintenance. Azevedo & Travassos S.A. is headquartered in São Paulo, Brazil.