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Santos Brasil Participações S.A.

Santos Brasil Participações S.A.

STBP3.SA
Santos Brasil Participações S.A.BR flagB3 S.A.
14.42
BRL
- -
- -
12.46BMarket Cap
Santos Brasil Participações S.A.
STBP3.SA
(B3 S.A.)

Recent

price

14.42

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
1.01
1.32
1.71
1.95
2.07
1.52
1.46
1.26
1.25
1.39
1.46
1.29
1.78
2.24
2.47
3.38
3.85
Revenue per Share
0.1
0.17
0.37
0.41
0.38
0.14
-0.03
-0.03
-0.01
- -
0.02
-0.02
0.3
0.5
0.58
0.86
0.94
Basic EPS, GAAP
-0.39
-0.07
0.29
0.53
0.49
0.36
0.21
0.16
0.15
0.01
-0.03
-0.11
0.28
0.38
0.23
0.81
1.04
Free Cash Flow per Basic Share
0.03
0.08
0.25
0.3
0.29
0.18
0.08
0.01
- -
- -
- -
0.02
0.12
0.76
0.36
0.78
0.74
Dividend per Share
1.59
1.59
1.6
1.6
1.61
1.62
1.62
1.62
1.62
1.62
1.62
2.6
2.17
2.19
2.18
0.32
0.78
Book Value per Share
0.76
0.9
1.06
1.24
1.41
1.45
1.51
1.52
-0.78
-0.79
-0.97
-0.34
2.4
2.24
2.38
0.58
0.73
Tangible Book Value per Share
656
656
659
663
665
660
660
660
661
663
666
721
862
863
863
860
863
Basic Weighted Avg Shares
661
866
1,125
1,293
1,377
1,004
964
829
824
922
973
930
1,534
1,932
2,135
2,903
3,320
Sales/Revenue/Turnover
16.55
24.22
30.57
32.74
28.39
15.09
1.68
-0.92
3.72
7.17
8.83
5.6
26.68
29.94
37.01
41.82
44.9
Operating Margin (%)
110
100
110
127
136
140
132
96
133
124
136
152
167
207
221
262
278
Depreciation Expense
65
112
247
270
255
92
-18
-20
-5
3
15
-14
256
429
504
742
814
Net Income, GAAP
55.57
46.13
17.76
29.13
29.9
28.01
- -
- -
- -
63.59
38.49
- -
23.79
26.02
27.2
28.75
30.35
Effective Tax Rate (%)
9.86
12.94
21.92
20.9
18.52
9.12
-1.88
-2.4
-0.65
0.32
1.58
-1.48
16.71
22.23
23.62
25.56
24.53
Profit Margin (%)
-107
-122
-109
-47
-55
53
120
34
61
110
362
943
718
247
-51
181
163
Working Capital
338
304
359
268
174
200
199
66
61
97
404
414
1,265
1,454
1,546
3,722
3,651
LT Debt
1,160
1,214
1,286
1,369
1,448
1,429
1,407
1,389
1,331
1,341
1,352
2,097
2,218
2,093
2,217
661
802
Total Equity
3.02
6.41
15.21
15.45
14.81
5.96
- -
- -
- -
1.54
3.12
- -
9.76
11.05
14.09
18.66
21.74
Return on Invested Capital (%)
4.46
7.08
17.65
18.68
19.16
8.33
- -
- -
- -
2.17
4.46
- -
12.03
14.9
16.25
21.24
23.16
Return on Capital (%)
6.13
10.75
23.53
25.53
23.91
8.55
-1.69
-1.86
-0.5
0.28
1.43
-0.93
13.69
22.82
26.76
68.73
58.66
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
580
556
621
LT Borrowings
2,566
2,506
2,517
LT Finance Leases
1,156
1,152
1,134
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
860
860
864
Market Capitalization
10,926
11,479
11,929

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
1,161
856
1,092
Cash, Cash Equivalents & STI
730
382
572
Accounts Receivable, Net
359
399
438
Inventories
33
31
34
Total Current Liabilities
981
850
929
Payables & Accruals
- -
- -
- -
ST Debt
580
556
621
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-1.45%
-1.81%
-70.17%
Free Cash Flow
-75.83%
21.98%
248.03%
Net Income, GAAP
-194.39%
-404.15%
47.13%
Sales/Revenue/Turnover
13.19%
26.61%
35.98%
Total Cash Common Dividend
- -
339.58%
114.95%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
427
507
534
667
2,135
2024
645
703
764
791
2,903
2025
884
881
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.05
0.11
0.16
- -
0.58
2024
0.17
0.2
0.25
- -
0.86
2025
0.23
0.22
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.01
0.05
0.15
- -
0.36
2024
0.08
0.27
0.24
- -
0.78
2025
0.32
- -
- -
- -
- -
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Business
Santos Brasil Participações S.A. (STBP3.SA) operates as a leading Brazilian holding company in the port and logistics sector, managing container terminals, vehicle terminals, general cargo terminals, and bulk liquid terminals; providing integrated logistics services including warehousing, road transportation, cargo distribution, and supply chain solutions; and handling loading, unloading, storage, and movement of containers, vehicles, general cargo, and liquids for shipowners, importers, and exporters across industries such as chemicals, petrochemicals, agribusiness, automotive, pharmaceuticals, food, and consumer goods. The company oversees key facilities including Tecon Santos (Latin America's largest and most efficient container terminal), Tecon Imbituba, Tecon Vila do Conde, the Vehicle Terminal (TEV) at Port of Santos, General Cargo Terminal in Imbituba, and bulk liquid operations at Port of Itaqui, primarily serving domestic and international maritime trade through ports in São Paulo, Santa Catarina, Pará, and Maranhão. Founded in 1997 and headquartered at Rua Joaquim Floriano 413, 10th floor, Itaim Bibi, São Paulo, Brazil, Santos Brasil has invested over R$9 billion in expansions, modernizations, and acquisitions to enhance port capacity and logistics integration nationwide. In recent developments, CMA CGM Group acquired a 47.9% stake from Opportunity funds in April 2025, followed by a public tender offer that increased its ownership to approximately 95% by Q3 2025, resulting in delisting from the stock exchange and conversion to category "B" registration. The company reported record Q3 2025 results with net revenue of R$920.4 million (up 20.4% YoY), EBITDA of R$500.5 million (up 23.2% YoY), and ongoing capex of R$118.7 million focused on terminal expansions and modernizations, including quay works at Tecon Santos and capacity increases at Itaqui for bulk liquids. These strategic shifts under CMA CGM's majority control bolster Santos Brasil's global integration, aligning port operations with expanded logistics networks amid robust growth in container, vehicle, and liquid bulk volumes.