1. Brazil Stocks

  2. •

    Basic Materials

  3. •

    Steel
Panatlântica S.A.

Panatlântica S.A.

PATI3.SA
Panatlântica S.A.BR flagB3 S.A.
35.00
BRL
- -
- -
801.75MMarket Cap
Panatlântica S.A.
PATI3.SA
(B3 S.A.)

Recent

price

35.00

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
21.12
20.08
22.45
43.16
32.88
29.36
29.91
35.23
45.62
43.9
60.02
111.51
97.4
78.52
88.15
80.58
78.16
Revenue per Share
1.12
0.73
0.93
3.75
0.69
0.51
0.65
0.75
2.75
0.74
7.63
12.26
2.33
0.56
3.54
2.08
2.04
Basic EPS, GAAP
-0.81
2.14
-0.56
0.95
0.89
1.42
1.79
0.52
0.19
4.59
3.8
-4.2
10.87
9.56
6.94
7.54
7.54
Free Cash Flow per Basic Share
0.12
- -
- -
- -
0.2
0.17
0.12
0.15
0.18
0.64
0.18
1.81
2.91
0.55
6.52
2.73
- -
Dividend per Share
7.93
4.67
10.22
14.96
12.64
13.61
13.56
14.72
17.3
17.42
24.87
35.31
18.8
18.8
18.8
18.8
19.47
Book Value per Share
7.87
8.63
10.33
16.12
13.52
14.53
14.41
15
17.54
17.66
25.1
35.54
34.93
34.93
31.1
30.81
31.48
Tangible Book Value per Share
18
18
17
17
22
22
23
23
23
24
24
24
24
24
24
24
24
Basic Weighted Avg Shares
378
366
375
746
737
635
684
814
1,066
1,051
1,436
2,668
2,331
1,879
2,110
1,929
1,871
Sales/Revenue/Turnover
5.59
2.39
4.21
3.26
3.23
3.51
4.13
4.72
6.61
3.97
16.43
15.58
4.43
2.97
6.09
4.41
4.25
Operating Margin (%)
1
2
2
6
7
8
8
9
10
10
10
10
11
13
15
17
18
Depreciation Expense
20
13
15
65
16
11
15
17
64
18
182
293
56
13
85
50
49
Net Income, GAAP
27.75
20.9
23.9
17.34
31.38
36.08
30.07
29.8
17.04
36.26
34.08
33.51
36.81
59.17
29.45
35.4
34.86
Effective Tax Rate (%)
5.29
3.64
4.13
8.68
2.11
1.74
2.16
2.12
6.03
1.7
12.71
10.99
2.39
0.71
4.01
2.59
2.61
Profit Margin (%)
128
135
142
239
246
288
282
370
419
483
686
1,194
1,018
706
656
510
503
Working Capital
4
4
10
81
89
145
136
213
199
271
301
535
372
234
304
183
163
LT Debt
142
159
174
281
306
317
333
350
414
426
605
854
840
841
749
742
758
Total Equity
8.41
3.25
5.01
5.6
3.39
2.68
3.42
4.4
8.78
3.63
17.46
21
4.24
1.68
7.28
4.77
4.45
Return on Invested Capital (%)
15.27
7.65
7.75
31.5
3.4
2.18
7.69
7.48
14.03
5.19
22.83
25.17
10.23
5.43
14.18
11.06
10.64
Return on Capital (%)
15.15
11.73
12.1
30.19
5.74
3.83
4.9
5.32
17.26
4.34
36.07
40.74
8.6
2.98
18.81
11.08
10.45
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
158
135
130
LT Borrowings
205
183
163
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
24
24
24
Market Capitalization
1,125
699
838

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1,096
981
973
Cash, Cash Equivalents & STI
389
350
301
Accounts Receivable, Net
304
224
322
Inventories
292
285
254
Total Current Liabilities
513
471
470
Payables & Accruals
- -
- -
- -
ST Debt
158
135
130
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.11%
5.57%
-0.93%
Free Cash Flow
164.14%
-120.05%
8.61%
Net Income, GAAP
156.73%
78.73%
-41.1%
Sales/Revenue/Turnover
15.04%
11.49%
-8.59%
Total Cash Common Dividend
214.64%
385.08%
-58.17%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
460
494
599
557
2,110
2025
529
473
495
432
1,929
2026
471
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.62
0.59
1.73
- -
3.54
2025
0.72
0.33
0.21
- -
2.08
2026
0.67
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
6.52
2025
- -
- -
- -
- -
2.73
2026
- -
- -
- -
- -
- -
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Business
Panatlântica S.A. engages in the production and sale of flat steel products primarily in Brazil; its core offerings include steel coils and sheets such as hot-rolled, cold-rolled, zinc-coated, galvalume, pre-painted, and pickled varieties, along with LCG thick plates; steel strips encompassing hot-rolled, cold-rolled, zinc-plated, galvalume, pre-painted, and pickled materials, delaminated strips, special profiles, and standard profiles; tiles and accessories featuring trapezoidal and corrugated roofing surfaces; and value-added services like cross-section cutting, longitudinal slitting, and cut-to-length processing. The company serves commercial and industrial sectors including construction, manufacturing, and roofing applications from its industrial facilities in Gravataí and Glorinha, Rio Grande do Sul. Founded in 1952 and headquartered in Gravataí, Brazil, Panatlântica S.A. operates as a subsidiary of LP Aços Comércio e Participações Ltda., with a historical name change from Aços Laminados Panatlântica S.A. in April 1987; it maintains steady operations without major recent acquisitions, partnerships, funding rounds, or strategic expansions reported in the past two years.