Cyrela Brazil Realty S.A. Empreendimentos e Participações

Cyrela Brazil Realty S.A. Empreendimentos e Participações

CYRBY
Cyrela Brazil Realty S.A. Empreendimentos e ParticipaçõesUS flagOther OTC
4.12
USD
-0.46
- -
1.51BMarket Cap
Cyrela Brazil Realty S.A. Empreendimentos e Participações
CYRBY
(Other OTC)

Recent

price

4.28

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
11.88
15.2
13.7
13.19
14.71
11.46
8.48
7.04
8.19
10.23
9.94
12.46
14.4
16.68
18.13
21.46
24.75
Revenue per Share
1.66
1.24
1.61
1.77
1.67
1.18
0.4
-0.25
-0.22
1.08
4.58
2.38
2.15
2.51
3.75
4.57
5.15
Basic EPS, GAAP
-0.83
-0.07
0.96
0.42
2.33
1.61
-0.16
1.44
2.06
1.47
4.28
-1.26
-1.87
-1.64
0.14
-0.82
-1.38
Free Cash Flow per Basic Share
0.48
0.35
0.29
0.51
0.43
0.41
0.28
0.09
1.12
1.82
1.56
0.52
0.07
0.85
0.51
3.17
- -
Dividend per Share
10.39
11.16
12.09
13.41
14.2
15.66
16.03
15.65
13.33
12.27
8.83
8.83
9.04
9.06
8.39
14.08
16.89
Book Value per Share
11.15
12.31
13.48
14.99
15.85
17.4
17.77
16.65
14.35
13.39
15.02
17.6
19.92
22.17
22.31
25.87
31.02
Tangible Book Value per Share
412
403
411
407
395
379
377
380
384
384
385
385
376
375
439
439
384
Basic Weighted Avg Shares
4,890
6,127
5,633
5,372
5,818
4,341
3,195
2,674
3,146
3,931
3,824
4,791
5,412
6,253
7,966
9,423
9,496
Sales/Revenue/Turnover
15.31
11.9
16.22
17.55
14.47
13.65
5.62
-4.13
-2.28
10.55
12.35
16.08
10.2
13.27
16.29
15.38
14.84
Operating Margin (%)
64
140
123
101
84
76
97
55
61
76
52
40
43
67
51
79
97
Depreciation Expense
685
498
660
719
661
448
151
-95
-84
416
1,760
914
809
942
1,649
2,007
1,976
Net Income, GAAP
15.84
24.12
15.45
13.19
14.85
14.09
23.16
119.29
91.92
13.89
20.09
8.01
12.53
12.4
8.8
5.82
6.16
Effective Tax Rate (%)
14.01
8.13
11.72
13.38
11.37
10.32
4.74
-3.55
-2.68
10.58
46.04
19.09
14.95
15.07
20.7
21.3
20.81
Profit Margin (%)
4,268
3,766
5,147
4,802
4,584
5,401
5,641
4,438
4,240
3,163
3,952
5,399
5,465
6,314
8,413
11,001
11,140
Working Capital
2,555
3,352
3,235
3,306
2,574
2,508
2,289
1,294
2,072
1,952
2,140
2,922
3,360
3,752
4,970
7,215
7,433
LT Debt
4,682
5,049
5,629
6,194
6,368
6,679
6,767
6,365
5,538
5,175
5,797
6,802
7,699
8,500
9,949
11,467
11,928
Total Equity
7.12
6.07
7.82
7.91
6.78
4.84
1.32
0.22
-0.07
4.5
4.58
7.35
4.13
5.45
7.87
7.45
7.02
Return on Invested Capital (%)
9.24
6.78
6.7
6.66
6.52
4.97
1.95
-2.21
-1.93
5.21
25.03
13.53
13.61
12.94
17.88
16.43
16.16
Return on Capital (%)
16.92
11.35
13.95
13.78
11.94
7.75
2.53
-1.58
-1.52
8.46
43.4
26.93
23.82
27.74
46.58
40.67
37.66
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1,244
1,501
1,359
LT Borrowings
6,253
7,215
7,433
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
366
366
366
Market Capitalization
11,702
12,073
10,760

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
14,519
14,870
15,144
Cash, Cash Equivalents & STI
4,198
3,982
3,870
Accounts Receivable, Net
3,942
4,578
4,915
Inventories
5,693
5,775
5,786
Total Current Liabilities
4,137
3,869
4,004
Payables & Accruals
- -
- -
- -
ST Debt
1,244
1,501
1,359
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.11%
14.65%
15.25%
Free Cash Flow
-177.87%
-174.31%
-664.84%
Net Income, GAAP
-45.62%
10.72%
21.7%
Sales/Revenue/Turnover
9.66%
19.9%
18.3%
Total Cash Common Dividend
255.16%
301.05%
521.97%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,573
1,857
2,030
2,506
7,966
2025
1,953
2,107
2,128
3,235
9,423
2026
2,025
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.71
1.1
1.26
- -
3.75
2025
0.75
1.06
1.66
1.86
4.57
2026
0.68
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.51
2025
- -
- -
- -
- -
3.17
2026
- -
- -
- -
- -
- -
Business
Cyrela Brazil Realty S.A. Empreendimentos e Participações engages in the development, construction, promotion, and sale of residential real estate properties across Brazil. The company operates through three primary business segments: Real Estate, which focuses on high-end and luxury residential and commercial buildings developed independently or via partnerships; Housing, encompassing middle-segment residential projects under the Living brand and economy-segment initiatives under the Vivaz brand in conjunction with the Minha Casa Minha Vida government program; and Services, providing construction management, technical consultancy, land subdivision, and related real estate services. Cyrela employs a vertically integrated model spanning development, construction, sales, and post-sale services, leveraging standardized techniques for economies of scale in material procurement and operations, with projects executed in over 60 cities across more than 15 states. Founded in 1962 and headquartered in São Paulo, Brazil, Cyrela targets high-income, middle-income, low-income, and economy-segment customers, primarily in urban markets throughout the country. The company maintains control over its projects through strategic joint ventures and subsidiaries, including historic partnerships such as those with RJZ Engenharia and recent engagements like a 50:50 joint venture with Canada Pension Plan Investment Board signed in 2025 for residential developments. It also holds a minority stake in Tecnisa S.A. and operates distinct brands like Living for mid-market housing and Vivaz for affordable units. In recent developments, Cyrela launched 18 new projects valued at R$5.05 billion during the third quarter of 2025, reflecting accelerated expansion amid sustained housing demand. Contracted sales reached R$6.8 billion for the first nine months of 2025, up 19% year-over-year, with net income of R$609 million in the latest reported quarter and units delivered totaling R$4.9 billion year-to-date, a 68% increase. The company continues heavy investments in land acquisition to bolster its R$15 billion inventory, emphasizes digital sales platforms for efficiency, and anticipates growth from potential interest rate reductions enhancing mortgage affordability, while navigating challenges like the cancellation of the Jard das Perizes land deal impacting 2026 Vivaz launches.

Company News

APIChat
  • Cyrela Brazil Realty S.A. Empreendimentos e Participações (CYRBY) Q1 2026 Earnings Call Transcript

  • Cyrela Brazil Realty S.A. Empreendimentos e Participações (CYRBY) Q4 2025 Earnings Call Transcript

  • Cyrela Brazil Realty (OTCMKTS:CYRBY) Sees Unusually-High Trading Volume – What’s Next?

  • Cyrela Brazil Realty (OTCMKTS:CYRBY) Shares Up 6.9% – Here’s Why

  • Critical Review: Grow Capital (OTCMKTS:GRWC) versus Cyrela Brazil Realty (OTCMKTS:CYRBY)

  • Cyrela Brazil Realty (OTCMKTS:CYRBY) Shares Gap Up – Time to Buy?

  • Cyrela Brazil Realty S.A. Empreendimentos e Participações (CYRBY) Q3 2025 Earnings Call Transcript

  • Stock Picks From Seeking Alpha's June 2025 New Analysts

  • Cyrela: Paying You To Wait -- Deep Value In Brazil's High-End Homebuilde

  • Cyrela: High Interest Rates Could Benefit This Construction Company

  • Cyrela Brazil Realty S.A. Empreendimentos e Participações (CYRBY) Q4 2024 Earnings Call Transcript

  • Cyrela Brazil Realty S.A. Empreendimentos e Participacoes (CYRBY) Q4 2023 Earnings Call Transcript