Trisul S.A.

Trisul S.A.

6.75
BRL
-0.10
(-1.46%)
0.93EPS
4.74P/E
1.01BMarket Cap
Nov 12Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.45
1.81
1.97
1.59
4.63
2.87
3.93
3.63
3.22
3.21
4.42
5.77
7.4
7.33
Basic EPS, GAAP
0.14
0.1
0.1
0.01
0.37
0.38
0.69
0.7
0.5
0.29
0.52
0.73
1.09
0.91
Free Cash Flow per Basic Share
1.88
0.82
0.23
0.73
0.57
-0.17
0.15
-0.85
-0.46
-1.25
-0.08
1.46
0.24
1.22
Dividend per Share
- -
- -
- -
- -
- -
0.06
0.1
0.17
0.19
0.17
0.11
0.15
0.83
0.96
Book Value per Share
2.39
2.5
2.65
2.65
2.75
2.95
4.31
4.8
5.16
5.33
5.69
6.25
6.21
6.53
Tangible Book Value per Share
2.39
2.49
2.64
2.65
2.74
2.95
4.3
4.79
5.15
5.32
5.67
6.23
6.19
6.51
Basic Weighted Avg Shares
212
205
193
190
95
190
203
242
240
237
237
234
186
208
Sales/Revenue/Turnover
520
370
380
302
442
545
799
879
774
760
1,047
1,347
1,379
1,526
Operating Margin (%)
10.73
11.18
9.41
3.93
11.13
16.16
19.64
19.67
19.4
12.62
10.09
14.46
15.99
13.65
Depreciation Expense
5
7
5
6
8
10
11
16
18
23
26
25
28
33
Net Income, GAAP
31
20
19
3
35
72
140
170
121
68
124
172
204
189
Effective Tax Rate (%)
16.63
21.49
24.98
69.34
21.28
13.93
10.27
8.88
11.68
23.77
17.78
16.54
15.82
17.65
Profit Margin (%)
5.91
5.46
5.04
0.86
7.92
13.19
17.54
19.35
15.57
8.93
11.84
12.74
14.78
12.4
Working Capital
514
479
450
362
436
521
975
1,224
1,124
1,270
1,298
1,788
1,934
1,882
LT Debt
178
188
120
94
151
146
234
395
496
730
564
723
636
607
Total Equity
599
570
546
524
548
600
1,093
1,213
1,271
1,308
1,391
1,488
1,478
1,530
Return on Invested Capital (%)
5.31
3.38
3
0.49
5.52
9.48
12.17
9.85
7.15
3.38
4.25
6.29
6.84
6.36
Return on Capital (%)
0.21
0.97
2.69
0.77
5.85
9.3
12.65
10.75
7.34
5.48
6.86
8.87
9.9
9.77
Return on Common Equity (%)
6.17
3.96
3.74
0.51
6.82
13.29
17.45
15.42
10.12
5.47
9.5
12.23
14.01
12.37

Capital Structure

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
425
348
247
LT Borrowings
636
618
607
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
234
234
234
Market Capitalization
1,448
1,324
1,006

Working Capital

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,917
2,776
2,557
Cash, Cash Equivalents & STI
527
508
409
Accounts Receivable, Net
992
947
892
Inventories
1,365
1,295
1,214
Total Current Liabilities
983
864
675
Payables & Accruals
- -
- -
- -
ST Debt
425
348
247
Deferred Revenue
- -
- -
- -

Growth Rates

BRL

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.34%
4.07%
-0.66%
Free Cash Flow
-296.85%
-401.42%
-86.87%
Net Income, GAAP
145.11%
13.38%
18.79%
Sales/Revenue/Turnover
16.07%
11%
2.37%
Total Cash Common Dividend
- -
67.14%
327.78%

Quarterly Revenue

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
303
319
307
419
1,347
2025
272
294
373
440
1,379
2026
343
370
- -
- -
- -

Quarterly Earnings Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
0.13
0.16
0.31
0.73
2025
0.23
0.27
0.22
0.35
1.09
2026
0.15
0.2
- -
- -
- -

Quarterly Dividends Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.08
0.08
- -
0.15
2025
- -
0.3
- -
0.56
0.83
2026
- -
0.43
- -
- -
- -

Company Description

CEO
Jorge Cury Neto
Full Time Employees
267
Sector
Consumer durables
Industry
Homebuilding
Address
Rua Major Quedinho, 90 São Paulo SP Brazil 01050-030
IPO Date
Oct 22, 2007
Business
Trisul S.A. Trisul S.A. engages in real estate development and construction in Brazil, focusing on residential properties including studios, apartments, and multi-bedroom units with amenities such as bike racks, toy libraries, games rooms, sports courts, party rooms, and swimming pools; core product lines comprise Trisul Life and Trisul Lar, featuring compact residential units ranging from 45 to 65 square meters, alongside land subdivision, property purchase, sale, and lease activities. The company operates primarily in São Paulo and select cities including Santos, Guarulhos, and Ribeirão Preto within São Paulo state, targeting urban middle-income buyers with projects in phases from pre-launch to ready-to-occupy. Founded in 2007 through the merger of Incosul Incorporação e Construção Ltda. and Tricury Construções e Participações Ltda., which originated in the 1970s and 1980s, Trisul S.A. maintains headquarters at Al dos Jauás, 70, Moema, São Paulo. Recent developments include expansion of its landbank to R$5.7 billion as of mid-2025, with R$3.6 billion on-balance sheet and R$2.1 billion off-balance sheet, alongside new project launches such as one achieving R$102.2 million potential sales value in 2Q25 and delivery of The Collection Vila Madalena, while contracted sales reach R$318 million Trisul-share in 2Q25 and launches forecast R$1.5-2.0 billion for 2025.