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    Financial - Conglomerates
Consórcio Alfa de Administração S.A.

Consórcio Alfa de Administração S.A.

BRGE3.SA
Consórcio Alfa de Administração S.A.BR flagB3 S.A.
13.50
BRL
- -
- -
998.24MMarket Cap
Consórcio Alfa de Administração S.A.
BRGE3.SA
(B3 S.A.)

Recent

price

13.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
TTM
FRC
0.32
4.55
4.35
6.15
0.37
5.14
6.14
6.79
11.08
10.31
6.58
6.74
6.73
9.41
14.37
12.93
12.37
Revenue per Share
0.88
0.74
0.66
0.74
0.86
0.71
0.56
0.87
0.83
0.7
0.72
0.68
0.56
0.29
1.14
0.4
0.38
Basic EPS, GAAP
-2.62
2.46
-12.69
2.42
-0.81
0.2
1.91
1.69
1.65
1.75
0.95
1.34
-1.96
-0.92
1.98
0.74
0.76
Free Cash Flow per Basic Share
0.12
0.08
0.07
0.04
0.07
0.05
0.04
0.07
0.05
0.05
0.05
0.06
0.04
0.06
0.06
0.07
0.06
Dividend per Share
4.48
5.18
5.04
3.35
3.8
4.12
4.39
4.6
4.94
5.26
5.53
5.8
6.06
6.27
6.38
6.82
6.52
Book Value per Share
12.08
12.45
12.16
13.4
16.33
17.29
18.27
20.14
20.92
21.64
22.87
23.87
24.54
24.02
24.58
25.53
24.43
Tangible Book Value per Share
74
74
77
77
74
74
74
74
74
74
74
74
74
74
74
74
77
Basic Weighted Avg Shares
23
335
335
473
27
378
452
500
816
759
485
496
496
693
1,058
952
952
Sales/Revenue/Turnover
294.35
89.92
78.97
31.38
-95.39
15.87
12.15
11.65
15.66
13.04
3.18
2.48
9.36
0.58
12.33
7.73
7.43
Operating Margin (%)
3
1
1
1
- -
1
1
1
1
1
1
1
1
2
14
12
12
Depreciation Expense
65
55
51
57
63
53
41
64
61
51
53
50
41
21
84
29
29
Net Income, GAAP
21.69
26.51
28.56
31.81
14.72
13.34
25.2
21.37
22.47
22.24
27.94
18.32
20.19
- -
2.08
33.26
33.26
Effective Tax Rate (%)
279.06
16.31
15.16
11.97
233.86
13.88
9.09
12.84
7.5
6.74
10.94
10.11
8.29
3.09
7.94
3.08
3.08
Profit Margin (%)
- -
-77
- -
- -
402
-189
520
565
573
587
615
1,224
1,294
1,158
1,167
1,142
1,142
Working Capital
3,037
3,312
2,335
2,450
235
- -
259
298
311
153
52
17
- -
- -
- -
- -
- -
LT Debt
890
917
936
1,032
1,204
1,275
1,347
1,484
1,542
1,597
1,687
1,760
1,808
1,770
1,820
1,882
1,882
Total Equity
1.9
5.4
5
3
-0.86
3.55
2.56
2.36
4.95
3.96
0.61
0.55
2.03
- -
7.05
2.62
2.51
Return on Invested Capital (%)
0.48
0.55
0.91
1.13
5.72
12.33
1.51
2.74
2.06
1.44
7.78
8.17
15.71
- -
20.47
0.93
7.5
Return on Capital (%)
20.87
15.39
13.18
17.53
23.49
18.03
13.11
19.39
17.4
13.62
13.35
12.03
9.41
4.72
18.03
6.03
6.03
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'23
Sep'23
Dec'23
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
74
74
74
Market Capitalization
762
805
866

Working Capital

FRC

•

in mil. unless spec.
Jun'23
Sep'23
Dec'23
Total Current Assets
1,630
1,637
1,696
Cash, Cash Equivalents & STI
1,530
1,537
1,594
Accounts Receivable, Net
32
33
32
Inventories
- -
- -
- -
Total Current Liabilities
527
524
554
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.01%
2.24%
3.41%
Free Cash Flow
15.35%
-127.11%
-62.6%
Net Income, GAAP
17.23%
31.06%
-65.09%
Sales/Revenue/Turnover
13.48%
16.94%
-10.01%
Total Cash Common Dividend
5.06%
7.03%
3.14%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
1
1
1
540
693
2022
1
1
1
1,055
1,058
2023
1
1
1
950
952

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
0.08
0.05
0.11
- -
0.29
2022
0.09
0.21
0.68
- -
1.14
2023
0.1
0.14
0.25
- -
0.4

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
0.05
0.02
- -
- -
0.06
2022
0.04
0.07
-0.07
- -
0.06
2023
0.04
- -
- -
- -
0.07
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Business
Consórcio Alfa de Administração S.A. (BRGE3.SA) operates as a Brazilian consortium administrator focused on providing financial services through structured savings and credit plans for consumers seeking vehicle, real estate, and durable goods acquisitions. The company offers consórcio plans for automobiles, motorcycles, trucks, real estate properties, heavy machinery, and household appliances; services include plan administration, credit facilitation, bidding processes, parcel management, and portfolio oversight for individual and corporate participants. Headquartered in São Paulo, Brazil, and founded in 1991, it primarily serves the Brazilian market across all regions, targeting middle-class consumers and small to medium enterprises in the automotive, construction, and agribusiness sectors. Its core offerings encompass tiered consórcio products differentiated by asset type and credit value, such as auto consórcios up to BRL 300,000 with 60-80 month terms; imóvel consórcios for residential and commercial properties up to BRL 2 million; and serviços consórcios for equipment and services; the company manages over 500,000 active quotas generating recurring fee-based revenue from administration spreads and contemplação advances. In the last two years, Consórcio Alfa expanded through a strategic partnership with Banco Alfa in 2024 to integrate digital bidding platforms and enhance credit disbursement efficiency; it launched new agronegócio consórcio lines in early 2025 tailored for farm machinery amid Brazil's agricultural boom; the firm acquired a smaller regional administrator in Minas Gerais in late 2024, boosting its market share to approximately 2% nationally; additionally, it reorganized its subsidiary structure in mid-2025 to streamline operations under a unified digital ecosystem, supporting a 25% quota growth year-over-year.