Vivara Participacoes SA

Vivara Participacoes SA

27.09
BRL
-0.19
(-0.70%)
5.38BMarket Cap
Nov 05Next Earn
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.49
2.6
2.77
3.34
4.44
6.21
7.81
9.29
9.81
11.45
- -
Basic EPS, GAAP
0.26
0.59
0.52
1.15
0.62
1.26
1.53
1.62
2.78
2.64
- -
Free Cash Flow per Basic Share
0.34
0.86
0.37
0.12
0.88
0.49
-0.32
0.1
0.55
1.95
- -
Dividend per Share
0.13
0.38
0.19
0.01
- -
0.05
0.05
0.36
0.37
1.36
0.7
Book Value per Share
1.07
1.37
1.9
4.61
4.96
5.9
7.04
8.53
10.62
12.55
13.54
Tangible Book Value per Share
0.99
1.31
1.86
4.57
4.92
5.77
6.86
8.28
10.34
12.29
13.32
Basic Weighted Avg Shares
383
383
383
224
236
236
236
235
235
235
235
Sales/Revenue/Turnover
953
997
1,060
750
1,048
1,466
1,844
2,187
2,305
2,693
- -
Operating Margin (%)
20.54
19.97
24.19
38.92
19.58
20.1
20.41
20.59
29.64
26.99
- -
Depreciation Expense
18
17
16
29
58
72
114
134
155
163
- -
Net Income, GAAP
101
226
198
258
147
298
361
381
653
620
- -
Effective Tax Rate (%)
24.99
- -
10.39
18.68
10.31
- -
- -
4.92
- -
- -
- -
Profit Margin (%)
10.64
22.66
18.73
34.41
14
20.36
19.57
17.43
28.35
23.01
- -
Working Capital
229
301
409
860
833
909
1,035
1,361
1,786
2,221
2,399
LT Debt
80
196
100
305
348
474
523
593
757
898
907
Total Equity
253
325
451
1,090
1,171
1,393
1,658
2,006
2,497
2,950
3,184
Return on Invested Capital (%)
- -
- -
31.47
19.27
10.08
- -
- -
15.87
- -
- -
- -
Return on Capital (%)
- -
- -
33.93
24.39
11.82
- -
- -
17.69
- -
- -
- -
Return on Common Equity (%)
- -
78.12
51.14
33.49
12.97
23.28
23.66
20.81
29.02
22.75
- -

Capital Structure

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
331
311
319
LT Borrowings
298
298
298
LT Finance Leases
600
599
608
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
235
235
235
Market Capitalization
7,814
6,091
5,380

Working Capital

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,065
2,963
3,151
Cash, Cash Equivalents & STI
399
308
417
Accounts Receivable, Net
990
899
1,016
Inventories
1,479
1,550
1,538
Total Current Liabilities
844
715
752
Payables & Accruals
- -
- -
- -
ST Debt
331
311
319
Deferred Revenue
- -
- -
- -

Growth Rates

BRL

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
20.3%
18.13%
Free Cash Flow
- -
73.94%
255.02%
Net Income, GAAP
- -
39.25%
-5.19%
Sales/Revenue/Turnover
- -
21.31%
16.81%
Total Cash Common Dividend
- -
- -
263.97%

Quarterly Revenue

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
445
656
563
913
2,305
2025
456
761
- -
730
2,693
2026
531
833
- -
- -
- -

Quarterly Earnings Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.15
0.9
0.46
1.27
2.78
2025
0.49
0.64
- -
0.76
2.64
2026
0.34
0.65
- -
- -
- -

Quarterly Dividends Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.37
2025
- -
0.66
- -
0.7
1.36
2026
- -
- -
- -
- -
- -

Company Description

CEO
Thiago Lima Borges
Full Time Employees
5,923
Sector
Consumer durables
Industry
Other consumer specialties
Address
Rua Verbo Divino, 1207 São Paulo SP Brazil 04719-901
IPO Date
Oct 10, 2019
Business
Vivara Participações S.A. engages in the design, manufacture, marketing, and retail sale of jewelry and accessories as Latin America's largest jewelry chain, operating a vertically integrated model from conception through customer delivery. Founded in 1962 and headquartered in São Paulo, Brazil, the company serves all regions of Brazil through over 450 physical points of sale, including stores and kiosks under the Vivara and Life by Vivara brands, alongside a multichannel platform encompassing e-commerce, omnichannel initiatives such as Joias em Ação assisted sales and OMS orders, and coverage of more than 2,900 municipalities. Its core products encompass gold and silver jewelry including rings, necklaces, alliances, solitaires, earrings, chains, pendants, and bracelets; watches under Vivara Watches; accessories such as cufflinks, pens, sunglasses, passport holders, notebooks, wallets, bags, backpacks, pocket knives, keychains, watch bands, clocks, and gift cards; and fragrances under Vivara Fragrances; with recent emphases on high-margin categories like Life collections, lab-grown diamonds, and silver lines. The company maintains manufacturing facilities including its plant in Manaus, Amazonas, and a new distribution center in Espírito Santo that enhances operational efficiency, inventory turnover, tax credits, and margin expansion through optimized raw material management and e-commerce fulfillment ramp-up initiated in late 2024. Recent developments include historic store network expansion with 61 new outlets in 2023 bringing the total to 390 points of sale by year-end, transition to a new production plant, relocation to a new headquarters in São Paulo, record Q3 2025 revenue achieving the highest quarterly figure in company history driven by 14.1% jewelry and 22.6% Life category growth alongside strong same-store sales up 9.4%, sustained omnichannel digital sales growth, and ongoing operational improvements like lower CapEx/OpEx and strategic pricing diligence without gold purchase needs.