Bradespar S.A.

Bradespar S.A.

3.26
EUR
0.00
(0.00%)
0.30EPS
10.78P/E
1.27BMarket Cap
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
0.02
-0.03
-6.06
1.6
6.26
6.51
-0.83
3.62
19.45
9.03
4.69
3.01
1.54
2.07
Basic EPS, GAAP
-0.12
0.26
-6.16
1.5
5.54
2.84
-0.96
3.51
19.3
8.9
4.53
2.85
1.31
1.78
Free Cash Flow per Basic Share
1.05
1.51
0.92
0.15
-0.13
-1.87
0.29
2.34
10.16
3.01
2.36
1.88
1.6
2.39
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
9.6
2.74
2.75
1.78
2.24
2.85
Book Value per Share
22.88
22.64
20.14
20.12
22.4
25.34
24.32
28.63
19.09
19.02
19.93
21.58
19.46
20.48
Tangible Book Value per Share
22.88
22.64
20.14
20.12
22.4
25.34
24.32
28.63
19.08
19.02
19.93
21.58
19.44
20.47
Basic Weighted Avg Shares
395
395
420
420
420
419
419
418
419
419
419
419
419
329
Sales/Revenue/Turnover
9
-13
-2,549
674
2,633
2,724
-346
1,513
8,143
3,780
1,962
1,261
646
681
Operating Margin (%)
- -
- -
- -
116.02
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-48
101
-2,590
629
2,328
1,190
-403
1,467
8,079
3,728
1,897
1,192
547
584
Effective Tax Rate (%)
- -
- -
- -
3.16
7.26
0.68
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-541.9
-789.75
101.6
93.38
88.44
43.7
116.66
96.96
99.22
98.63
96.67
94.52
84.63
85.84
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
1,046
1,165
1,348
1,548
1,712
210
224
1
1
1
1
2
4
4
Total Equity
9,034
8,938
7,917
7,911
8,806
9,960
9,561
11,255
7,503
7,477
7,834
8,483
7,648
8,050
Return on Invested Capital (%)
- -
- -
- -
7.85
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
8.79
23.31
11.51
- -
13.94
86.13
49.76
24.77
14.61
6.78
- -
Return on Common Equity (%)
-0.52
1.13
-30.74
7.95
27.86
12.69
-4.13
14.1
86.14
49.77
24.77
14.61
6.78
6.95

Capital Structure

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
393
393
393
Market Capitalization
6,577
6,823
7,521

Working Capital

BRL

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
18
256
254
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

BRL

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.76%
-6.09%
-9.85%
Free Cash Flow
182.52%
41.48%
-15.07%
Net Income, GAAP
-24.44%
51.29%
-54.12%
Sales/Revenue/Turnover
-23.07%
50.4%
-48.76%
Total Cash Common Dividend
- -
- -
25.75%

Quarterly Revenue

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
351
545
514
-148
1,261
2025
328
465
560
-706
646
2026
564
263
- -
- -
- -

Quarterly Earnings Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.82
1.28
0.96
-1.42
2.85
2025
0.76
1.08
1.07
-10.98
1.31
2026
1.32
0.6
- -
- -
- -

Quarterly Dividends Per Share

BRL

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
12.2
1.78
2025
- -
- -
- -
15.42
2.24
2026
- -
- -
- -
- -
- -

Company Description

CEO
Fernando Jorge Buso Gomes
Full Time Employees
8
Sector
Finance
Industry
Financial conglomerates
Address
1309 Presidente Juscelino Kubitschek Avenue São Paulo SP Brazil 04543-011
IPO Date
Aug 10, 2000
Business
Bradespar S.A. (BRAP3.SA) is a holding company focused on investments in the natural resources sector, primarily holding significant stakes in mining and steel companies. The company maintains a concentrated portfolio including its controlling interest in Vale S.A., one of the world's largest iron ore producers, as well as minority positions in companies such as CSN and Usiminas; it provides no direct operational services but generates revenue through dividends, capital gains, and portfolio management. Bradespar operates exclusively in Brazil, with its headquarters in Belo Horizonte, Minas Gerais, where it was founded in 2000 as a spin-off from Banco Bradesco S.A. to consolidate its industrial investments. The company's core holdings encompass equity investments in ferrous minerals and steel production; specifically, its flagship asset is a direct and indirect stake exceeding 20% in Vale S.A., complemented by participations in steelmakers like Companhia Siderúrgica Nacional (CSN) and Usiminas, which produce steel slabs, flat products, and related derivatives for domestic and export markets. Bradespar targets institutional investors and financial markets through its publicly traded shares on the B3 exchange, emphasizing long-term value creation from commodity cycles. No major subsidiaries operate independently, as Bradespar functions as a pure investment vehicle without a parent company. In recent developments, Bradespar completed a strategic corporate reorganization in 2024, simplifying its capital structure through a merger with its controlling shareholder Bradespar Holdings to enhance governance and liquidity; the company also announced a share buyback program in early 2025 amid favorable iron ore prices, repurchasing up to 10% of its free float. Additionally, Bradespar expanded its portfolio oversight by increasing engagement with Vale's sustainability initiatives, including new iron ore projects in Brazil's Carajás region launched in late 2024. These moves reflect a focus on portfolio optimization without significant new acquisitions or partnerships reported in the past year.