Minerva S.A.

Minerva S.A.

4.24
BRL
-0.05
(-1.17%)
0.71EPS
4.66P/E
3.68BMarket Cap
Nov 04Next Earn
Minerva S.A.
B3:BEEF3
(B3)

Recent

price

4.24

P/E

ratio

4.66

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
BRL
28.58
33.06
26.66
32.75
34.18
43.19
35.67
47.76
37.83
37.86
32.71
40.91
46.89
40.58
51.27
55.64
56.49
Revenue per Share
0.19
0.38
-1.18
-1.88
-2.05
-3.63
0.72
-1.11
-2.95
0.04
1.17
0.91
0.99
0.64
-2.35
0.82
0.8
Basic EPS, GAAP
-1.51
-1.47
1.45
1.78
0.06
2.92
1.49
1.09
2.66
3.34
4.84
3.17
3.51
2.99
8.75
3.62
-0.19
Free Cash Flow per Basic Share
0.05
0.05
0.07
- -
- -
- -
0.18
0.05
- -
- -
0.23
0.89
0.5
0.45
- -
0.16
- -
Dividend per Share
4.25
4.52
4.58
2.66
2.35
-1.74
1.92
0.28
-0.7
-0.51
1.36
0.99
0.77
0.26
-0.72
1.33
1.59
Book Value per Share
2.72
1.66
1.98
0.1
-0.77
-4.59
-0.35
-2.58
-2.34
-1.76
0.1
-0.26
-2.05
-2.34
-11.7
-5.67
-5.23
Tangible Book Value per Share
119
120
164
167
204
221
271
253
429
452
593
659
661
663
664
985
985
Basic Weighted Avg Shares
3,408
3,977
4,380
5,457
6,987
9,525
9,649
12,104
16,215
17,123
19,406
26,965
30,978
26,892
34,069
54,830
55,633
Sales/Revenue/Turnover
6.36
7.1
9.55
9.05
8.49
9.92
9.42
8.18
4.28
8.54
9.24
7.55
7.82
7.62
7.23
7.02
6.84
Operating Margin (%)
29
45
51
58
59
75
80
145
222
264
309
347
415
512
669
974
1,018
Depreciation Expense
23
45
-194
-314
-418
-801
195
-281
-1,265
16
697
599
653
421
-1,559
810
783
Net Income, GAAP
- -
- -
- -
- -
- -
- -
22.17
- -
- -
- -
9
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
0.67
1.14
-4.43
-5.75
-5.99
-8.41
2.02
-2.32
-7.8
0.09
3.59
2.22
2.11
1.57
-4.58
1.48
1.41
Profit Margin (%)
752
722
1,243
1,501
2,309
1,971
2,848
3,405
2,154
2,641
4,891
6,529
4,857
8,389
7,884
7,269
8,870
Working Capital
1,397
1,678
2,273
3,030
4,602
5,461
5,431
7,420
6,823
7,650
9,409
11,946
11,717
17,780
24,997
22,507
23,758
LT Debt
540
613
754
444
481
-383
522
71
-301
-282
840
654
1,062
660
87
1,893
2,182
Total Equity
- -
- -
- -
- -
- -
- -
9.77
- -
- -
- -
13.53
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
12.05
- -
- -
- -
14.53
- -
- -
- -
- -
- -
- -
Return on Capital (%)
4.44
8.7
-30.14
-52.56
-90.65
- -
- -
-94.99
- -
- -
- -
80.16
112.41
123.62
- -
- -
- -
Return on Common Equity (%)

Capital Structure

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
5,319
3,525
5,626
LT Borrowings
22,481
21,064
23,688
LT Finance Leases
26
74
70
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
985
987
991
Market Capitalization
5,676
4,197
3,677

Working Capital

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
28,504
24,253
29,428
Cash, Cash Equivalents & STI
15,031
10,882
14,935
Accounts Receivable, Net
6,042
6,107
6,623
Inventories
4,536
4,698
5,106
Total Current Liabilities
21,235
18,395
20,558
Payables & Accruals
- -
- -
- -
ST Debt
5,319
3,525
5,626
Deferred Revenue
- -
- -
- -

Growth Rates

BRL

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
73.51%
397.26%
2,070.7%
Free Cash Flow
48.91%
24.77%
-38.71%
Net Income, GAAP
343.19%
-132.56%
-152%
Sales/Revenue/Turnover
20.79%
25.65%
60.94%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7,187
7,666
8,501
10,714
34,069
2025
11,196
13,918
- -
14,204
54,830
2026
13,409
14,102
- -
- -
- -

Quarterly Earnings Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.3
0.13
0.13
-2.31
-2.35
2025
0.24
0.45
- -
0.09
0.82
2026
0.06
0.19
- -
- -
- -

Quarterly Dividends Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
0.16
2026
- -
- -
- -
- -
- -
Business
Minerva S.A. (BEEF3.SA) is a leading South American exporter of fresh beef, live cattle, and by-products, operating 25 slaughterhouses across Brazil (10 units), Paraguay (five), Uruguay (three), Argentina (five), and Colombia (two) with a combined daily cattle slaughter capacity of 26,380 head; it also maintains meat processing plants including Minerva Fine Foods in Brazil for cooked frozen products and Swift Argentina plants for beef, pork, and poultry processing with capacities of 162 and 55 tons per day respectively, alongside offerings of chilled, frozen, and processed meats such as hormone-free pasture-raised lamb under the Sovereign brand and convenient ready-to-eat products under the PUL brand, as well as veal cuts including tenderloin, chops, shank, and cutlets; the company exports to over 100 countries across five continents via 15 sales offices and 14 distribution centers (nine in Brazil), trades in electric power, food products, carbon credits, third-party brands like Swift, and animal by-products including meat/bone meal, blood, and tallow, while breeding and selling live cattle, lambs, pigs, and other animals. Founded by the Vilela de Queiroz family with cattle raising and logistics in 1957 and industrial operations beginning in 1992 upon acquiring its first slaughterhouse in Barretos, São Paulo—its current headquarters—Minerva operates primarily in the beef industry with segments in live cattle exports and other proteins, targeting wholesale, retail, and foodservice customers globally including major markets in China, North America, Europe, the Middle East, Asia, Africa, and the Americas. In October 2024, the company completed its largest-ever acquisition for BRL 7.5 billion, purchasing 13 cattle and sheep slaughter/deboning plants plus a distribution center in Brazil from Marfrig Global Foods following CADE approval, expanding its Brazilian slaughter capacity to 22,336 head per day across 21 plants and reinforcing its position as South America's top beef exporter with enhanced synergies, market arbitrage, and access to key international destinations; this follows prior expansions like the 2017 JBS Mercosur acquisition and includes ongoing initiatives such as J.P. Morgan Payments partnership for working capital optimization, MyCarbon subsidiary advancements in carbon credits across 145,700 hectares, and investment in The EVERY Company's precision fermentation for egg proteins.

Company News

  • Minerva S.A. (OTCMKTS:MRVSY) Short Interest Update

  • Minerva Neurosciences to Participate in Two Upcoming Investor Conferences

  • MINERVA FOODS REPORTS RECORD NET REVENUE OF R$ 57,2 BILLION FOR THE PAST 12 MONTHS

  • Minerva Neurosciences Provides Second Quarter 2026 Financial Results and Business Updates

  • Minerva Launches AI Platform for Consumer Marketing with $20M from The General Partnership, 8VC, Lingotto Innovation, Topology Ventures and NBA Investments, Alongside OpenAI Collaboration

  • Minerva Neurosciences Establishes Scientific Advisory Board to Advance Development of Roluperidone and Future Pipeline Programs

  • Minerva Neurosciences to Participate in the 2026 Jefferies Global Healthcare Conference

  • Minerva S.A. (MRVSY) Q1 2026 Earnings Call Transcript

  • MINERVA FOODS REPORTS R$ 13.4 BILLION IN NET REVENUE IN THE FIRST QUARTER OF 2026

  • Minerva Neurosciences Provides First Quarter 2026 Financial Results and Business Updates

  • Minerva Announces Leadership Transition

  • Minerva Neurosciences Announces First Patient Screened in Global Phase 3 Confirmatory Trial of Roluperidone for the Treatment of Negative Symptoms of Schizophrenia

  • Minerva Neurosciences Presents Data from its Open-label Safety Trial Evaluating Roluperidone Co-administered with Olanzapine at SIRS 2026

  • Minerva S.A. (MRVSY) Q4 2025 Earnings Call Transcript

  • MINERVA FOODS REPORTS RECORD NET REVENUE OF R$ 54.8 BILLION IN 2025

  • MINERVA FOODS REPORTS RECORD NET REVENUE OF R$ 54.8 BILLION IN 2025

  • Minerva Neurosciences to Participate in The Stifel 2026 Virtual CNS Forum

  • Minerva Neurosciences Reports Fourth Quarter and Fiscal Year 2025 Financial Results and Business Updates

  • Minerva Neurosciences to Participate in The Citizens Life Sciences Conference

  • Minerva Neurosciences to Host Virtual KOL Event to Discuss Roluperidone: From Unmet Need to Reality – Potentially the First Treatment for Patients with Negative Symptoms of Schizophrenia, on February 3, 2026