B3 · BRL

AMER3

Americanas SA

R$5.49+8.07% (R$0.41)
Day's range
R$5.12 – R$5.52
Day's volume
R$15m
52-week range
R$3.37 – R$7.89

Follow AMER3 on Fuolio

See how AMER3 weighs in your net worth, what it has paid you and how far it is from your target allocation.

Create a free account

AMER3 in numbers

Market cap
R$1.1bn
P/E
-3.93
P/B
0.26
Dividend yield (12m)
0.00%
Net debt/EBITDA
3.99

AMER3 price history

01/10/202530/09/2026
Compare with

AMER3 risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return-14.08%-94.47%-99.83%
Volatility (annualised)45.83%106.03%95.14%
Largest drawdown-37.15%-96.11%-99.89%
Positive months6/1214/3625/60

How much did investing in AMER3 return?

R$1,000.00 invested on 01/09/2021 would be worth R$1.74 today.

Value today in AMER3
R$1.74
Return over the period
-99.83%
Return per year
-71.94%
In the Ibovespa
R$1,657.66

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

AMER3 fundamentals

Valuation

  • P/E
    -3.93
  • P/B
    0.26
  • EV/EBITDA
    5.13
  • EV/EBIT
    19.63
  • EV/Revenue
    0.42
  • P/EBIT
    4.36
  • P/S
    0.09
  • P/OCF
    2.69
  • P/FCF
    5.82
  • Earnings yield
    5.09%
  • PEG ratio
    —
  • Earnings per share
    -R$1.40
  • Book value per share
    R$20.75

Debt

  • Net debt
    R$3.8bn
  • Net debt/EBITDA
    3.99
  • Net debt/Equity
    0.93
  • Debt/Equity
    1.04
  • Current ratio
    1.70
  • Quick ratio
    1.15
  • Cash ratio
    0.12

Efficiency

  • Gross margin
    25.59%
  • EBITDA margin
    8.17%
  • Operating margin
    2.14%
  • Net margin
    -2.37%
  • Asset turnover
    0.81

Profitability

  • ROE
    -6.74%
  • ROA
    -1.92%
  • ROIC
    0.00%
  • Payout
    —

Growth

  • Revenue CAGR (5 years)
    -2.40%
  • Earnings CAGR (5 years)
    —
  • Revenue growth (year)
    -14.24%
  • Earnings growth (year)
    -103.27%
  • Revenue growth (quarter)
    -18.10%
  • Earnings growth (quarter)
    -103.08%

What is AMER3's fair price?

Two classic value formulas, with today's numbers. The current price is R$5.49.

Graham's fair price
—
Does not apply to AMER3: the formula needs positive earnings and book value.

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price
R$2.79
49.25% below the price

R$0.17 (5-year average) ÷ 6%

Décio Bazin only bought shares yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years divided by 6%.

Graham ignores growth and debt; Bazin assumes past distributions will repeat. They are reference points for comparison, not a buy recommendation.

AMER3 indicators by year

Multiples at each year's closing price; margins and returns from that year's accounts.

Indicator20252024202320222021202020192018
P/E-3.790.15-0.36-0.6752.39-199.83-102.44-47.37
P/B0.220.25-0.03-0.331.794.445.685.32
EV/EBITDA3.482.16——17.5350.1452.2950.53
Dividend yield0.00%0.00%0.00%0.06%0.01%0.00%0.00%0.00%
Earnings per share-R$1.35R$41.35-R$2.52-R$14.31R$0.60-R$0.38-R$0.61-R$0.87
Book value per shareR$23.77R$24.82-R$31.97-R$29.55R$17.54R$16.94R$10.96R$7.74
ROE-5.69%166.62%7.88%48.42%3.42%-2.22%-5.55%-11.24%
ROIC2.52%5.65%——0.00%2.31%1.21%-0.28%
Gross margin27.01%32.25%29.15%19.46%29.79%28.42%29.72%25.81%
EBITDA margin9.26%11.57%-18.77%-24.03%9.06%7.73%9.25%6.35%
Net margin-2.20%57.71%-15.21%-50.03%2.40%-2.08%-4.70%-6.13%
Net debt/EBITDA2.581.41——3.68-3.700.244.87

AMER3 financial statements

Line202520242023202220212020
Net revenueR$12.3bnR$14.3bnR$14.9bnR$25.8bnR$22.7bnR$10.1bn
Cost of sales-R$9bn-R$9.7bn-R$10.6bn-R$20.8bn-R$15.9bn-R$7.2bn
Gross profitR$3.3bnR$4.6bnR$4.4bnR$5bnR$6.8bnR$2.9bn
EBITDAR$1.1bnR$1.7bn-R$2.8bn-R$6.2bnR$2.1bnR$782.3m
EBITR$331mR$650m-R$4.2bn-R$7.8bnR$756.2mR$180.6m
Net finance result-R$164mR$12.3bn-R$2.9bn-R$5.2bn-R$772.4m-R$430.2m
Profit before taxR$167mR$13bn-R$7bn-R$13bn-R$16.2m-R$249.6m
Income tax-R$69m-R$4.7bnR$4.8bnR$130.8mR$560mR$38.8m
Net income-R$271mR$8.3bn-R$2.3bn-R$12.9bnR$543.8m-R$210.8m

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

AMER3 against its sector

The same indicators for the company's other shares and the sector's largest stocks.

StockP/EP/BDividend yield (12m)ROEMarket cap
AMER3Americanas-3.930.260.00%-6.74%R$1.1bn
VBBR3VIBRA ENERGIA S.A.8.811.895.32%21.49%R$44.5bn
UGPA3ULTRAPAR PARTICIPACOES S.A.12.152.345.31%19.25%R$42bn
RADL3RAIA DROGASIL S.A.23.984.422.42%18.41%R$32.2bn
ASAI3SENDAS DISTRIBUIDORA S.A.15.342.330.95%15.21%R$14.8bn
GMAT3GRUPO MATEUS S.A.7.201.050.98%14.52%R$11.7bn
LREN3LOJAS RENNER S.A.7.821.137.93%14.41%R$11.7bn

Does AMER3 pay dividends?

Dividend yield per year

  • 0.00%2017
  • 0.00%2018
  • 0.00%2019
  • 0.00%2020
  • 0.01%2021
  • 0.06%2022
  • 0.00%2023
  • 0.00%2024
  • 0.00%2025
  • 0.00%2026
Payment history
TypeLast day to ownPaymentPer share
Interest on equity31/01/202209/03/2022R$0.62
Interest on equity30/12/202028/02/2021R$0.21
Interest on equity09/01/202012/04/2020R$0.01
Interest on equity06/12/201902/02/2020R$0.17
Interest on equity03/01/201921/04/2019R$0.08
Interest on equity04/10/201616/04/2017R$0.02
Dividend10/03/201627/03/2016R$0.02
Interest on equity31/08/201527/03/2016R$0.04
Dividend12/03/201505/04/2015R$0.05
Interest on equity07/01/201505/04/2015R$0.02
Dividend25/03/201125/04/2011R$0.05
Dividend25/03/201125/04/2011R$0.01
See all 36 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Dividend19/03/201012/04/2010R$0.10
Dividend20/03/200913/04/2009R$0.16
Dividend14/03/200802/04/2008R$0.13
Interest on equity03/01/2018—R$0.08
Interest on equity03/01/2017—R$0.02
Interest on equity04/07/2016—R$0.04
Interest on equity30/12/2015—R$0.04
Interest on equity05/09/2014—R$0.03
Dividend20/03/2014—R$0.08
Interest on equity07/01/2014—R$0.01
Interest on equity05/09/2013—R$0.03
Dividend14/03/2013—R$0.07
Interest on equity07/01/2013—R$0.01
Interest on equity06/09/2012—R$0.03
Dividend08/03/2012—R$0.07
Interest on equity05/01/2012—R$0.01
Interest on equity20/10/2011—R$0.03
Dividend24/03/2011—R$0.07
Interest on equity06/01/2011—R$0.01
Interest on equity14/10/2010—R$0.02
Dividend18/03/2010—R$0.03
Interest on equity18/03/2010—R$0.02
Interest on equity19/03/2009—R$0.02
Dividend19/03/2009—R$0.02
Splits, share consolidations and bonus shares
EventLast day to ownRatio
Share consolidation26/08/20241 for 100

About Americanas

Sector
Consumo Cíclico
Segment
Produtos Diversos
Listing segment
Novo Mercado
Tag along
100.00%
Free float
50.00%
Shares issued
200.25m ordinary
Average daily trading
R$7.8m
Listed since
08/08/2007
CNPJ
00.776.574/0001-56

A Americanas S.A. (AMER3) é uma varejista brasileira com operação multicanal em lojas físicas, comércio eletrônico e serviços digitais associados ao ecossistema de consumo. A companhia atua na venda de produtos de diversas categorias, com capilaridade logística e presença em centros urbanos de diferentes portes. O modelo combina receita de varejo, marketplace, serviços financeiros e soluções digitais para recorrência de compra e integração de canais. Desde 2023, a empresa atravessa um processo de recuperação judicial após a divulgação de inconsistências contábeis relevantes, com impactos sobre estrutura de capital, relacionamento com credores e dinâmica operacional. O foco de gestão passou a incluir geração de caixa, renegociação de passivos e simplificação de portfólio, preservando operação comercial e base de clientes. No ambiente competitivo, a Americanas disputa mercado com varejistas físicos, plataformas digitais e players especializados, em um setor de margens comprimidas e alta intensidade promocional.

Investor website
ShareholdersAs of 31/12/2026, from the Formulário de Referência filed with the CVM.
ShareholderOrdinaryPreferredTotal
SAWDOG HOLDINGS LLCControlling28.22%0.00%28.22%
Cedar Trade LLCControlling15.07%0.00%15.07%
SAMER INVESTMENT LLCControlling6.62%0.00%6.62%
CARLOS ALBERTO DA VEIGA SICUPIRAControlling0.09%0.00%0.09%
Outros50.00%0.00%50.00%

Questions about AMER3

How much is AMER3 today?

AMER3 is at R$5.49 (8.07% on the day), last traded on 01/10/2026.

How much did AMER3 pay in dividends in 2025?

AMER3 paid R$0.00 per share in 2025, a dividend yield of 0.00%.

What are the P/E and P/B of AMER3?

AMER3 trades at a P/E of -3.93 and a P/B of 0.26.

How much did AMER3 return in 12 months?

AMER3 returned -14.08% in 12 months, with annualised volatility of 45.83% and a largest drawdown of -37.15%.

What sector is AMER3 in?

Americanas is in the Consumo Cíclico sector, Produtos Diversos segment.