B3 · BRL
BEEF3
Minerva S.A.
- Day's range
- R$3.91 – R$4.06
- Day's volume
- R$71.4m
- 52-week range
- R$2.97 – R$7.58
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See how BEEF3 weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountBEEF3 in numbers
- Market cap
- R$3.9bn
- P/E
- 8.60
- P/B
- 2.50
- Dividend yield (12m)
- 4.97%
- Net debt/EBITDA
- 4.55
The 12-month dividend yield of BEEF3 is 4.97%, below its 5-year average of 5.04%.
BEEF3 price history
BEEF3 risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | -43.14% | -46.07% | -52.80% |
| Volatility (annualised) | 29.57% | 41.32% | 42.01% |
| Largest drawdown | -47.18% | -49.90% | -74.15% |
| Positive months | 4/12 | 14/36 | 25/60 |
How much did investing in BEEF3 return?
R$1,000.00 invested on 01/09/2021 would be worth R$452.22 today.
- Value today in BEEF3
- R$452.22
- Return over the period
- -54.78%
- Return per year
- -14.68%
- 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.
BEEF3 fundamentals
Valuation
- P/E8.60
- P/B2.50
- EV/EBITDA5.35
- EV/EBIT6.75
- EV/Revenue0.46
- P/EBIT1.01
- P/S0.07
- P/OCF1.00
- P/FCF1.44
- Earnings yield14.82%
- PEG ratio0.06
- Earnings per shareR$0.46
- Book value per shareR$1.58
Debt
- Net debtR$22.3bn
- Net debt/EBITDA4.55
- Net debt/Equity10.22
- Debt/Equity17.07
- Current ratio1.43
- Quick ratio1.20
- Cash ratio0.73
Efficiency
- Gross margin16.83%
- EBITDA margin8.57%
- Operating margin6.80%
- Net margin0.85%
- Asset turnover1.22
Profitability
- ROE29.04%
- ROA1.05%
- ROIC15.88%
- Payout42.69%
Growth
- Revenue CAGR (5 years)20.07%
- Earnings CAGR (5 years)-3.52%
- Revenue growth (year)60.94%
- Earnings growth (year)152.00%
- Revenue growth (quarter)29.10%
- Earnings growth (quarter)154.14%
What is BEEF3's fair price?
Two classic value formulas, with today's numbers. The current price is R$3.94.
- Graham's fair price
- R$4.03
- 2.40% above the price
√(22.50 × R$0.46 × R$1.58)
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$7.99
- 102.91% above the price
R$0.48 (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.
BEEF3 indicators by year
Multiples at each year's closing price; margins and returns from that year's accounts.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 7.11 | -1.98 | 10.77 | 12.06 | 10.70 | 8.03 | 380.39 | -1.46 |
| P/B | 3.04 | 35.44 | 6.88 | 7.41 | 9.79 | 6.66 | -21.82 | -6.14 |
| EV/EBITDA | 5.29 | 7.62 | 6.95 | 6.49 | 6.48 | 6.01 | 7.76 | 9.23 |
| Dividend yield | 2.86% | 0.00% | 7.37% | 4.33% | 10.63% | 2.53% | 0.00% | 0.00% |
| Earnings per share | R$0.81 | -R$2.57 | R$0.69 | R$1.07 | R$0.99 | R$1.27 | R$0.03 | -R$3.36 |
| Book value per share | R$1.89 | R$0.14 | R$1.09 | R$1.75 | R$1.08 | R$1.53 | -R$0.58 | -R$0.80 |
| ROE | 42.81% | -1,787.17% | 63.84% | 61.42% | 91.55% | 82.98% | -5.74% | 420.03% |
| ROIC | 17.79% | 11.78% | 14.72% | 20.86% | 21.03% | 20.73% | 0.00% | 7.70% |
| Gross margin | 17.35% | 20.56% | 20.50% | 18.52% | 17.23% | 19.76% | 19.23% | 17.57% |
| EBITDA margin | 8.80% | 9.09% | 9.53% | 9.16% | 8.83% | 10.83% | 10.08% | 5.53% |
| Net margin | 1.48% | -4.58% | 1.57% | 2.11% | 2.22% | 3.59% | 0.09% | -7.80% |
| Net debt/EBITDA | 4.09 | 6.63 | 5.18 | 3.72 | 3.79 | 3.35 | 4.20 | 7.17 |
BEEF3 financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | R$54.8bn | R$34.1bn | R$26.9bn | R$31bn | R$27bn | R$19.4bn |
| Cost of sales | -R$45.3bn | -R$27.1bn | -R$21.4bn | -R$25.2bn | -R$22.3bn | -R$15.6bn |
| Gross profit | R$9.5bn | R$7bn | R$5.5bn | R$5.7bn | R$4.6bn | R$3.8bn |
| EBITDA | R$4.8bn | R$3.1bn | R$2.6bn | R$2.8bn | R$2.4bn | R$2.1bn |
| EBIT | R$3.8bn | R$2.4bn | R$2.1bn | R$2.4bn | R$2bn | R$1.8bn |
| Net finance result | -R$3.2bn | -R$3.9bn | -R$1.7bn | -R$2bn | -R$1.4bn | -R$1bn |
| Profit before tax | R$698.3m | -R$1.5bn | R$341.2m | R$388.1m | R$585.6m | R$766m |
| Income tax | R$150m | -R$58.8m | R$54.4m | R$267m | R$13.3m | -R$68.9m |
| Net income | R$810.5m | -R$1.6bn | R$421.1m | R$652.5m | R$598.9m | R$697.1m |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
BEEF3 against its sector
The same indicators for the company's other shares and the sector's largest stocks.
| Stock | P/E | P/B | Dividend yield (12m) | ROE | Market cap |
|---|---|---|---|---|---|
| BEEF3Minerva | 8.60 | 2.50 | 4.97% | 29.04% | R$3.9bn |
| RIAA3RIAA3 | 2.32 | 0.66 | 45.91% | 28.35% | R$3.6bn |
| PFRM3PROFARMA DISTRIB PROD FARMACEUTICOS S.A. | 5.92 | 0.63 | 8.72% | 10.71% | R$915m |
| WLMM4WLM PART. E COMÉRCIO DE MÁQUINAS E VEÍCULOS S.A. | 7.35 | 0.71 | 12.42% | 9.63% | R$589.4m |
| WLMM3WLM PART. E COMÉRCIO DE MÁQUINAS E VEÍCULOS S.A. | 7.74 | 0.75 | 10.71% | 9.63% | R$589.4m |
| DMVF3D1000 VAREJO FARMA PARTICIPAÇÕES S.A. | 14.20 | 0.33 | 0.00% | 2.35% | R$308.7m |
Does BEEF3 pay dividends?
Dividend yield per year
- 2.52%2017
- 0.00%2018
- 0.00%2019
- 2.53%2020
- 10.63%2021
- 4.33%2022
- 7.37%2023
- 0.00%2024
- 2.86%2025
- 0.79%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 28/04/2026 | 13/05/2026 | R$0.03 |
| Dividend | 15/12/2025 | 29/12/2025 | R$0.16 |
| Dividend | 14/08/2023 | 23/08/2023 | R$0.19 |
| Dividend | 18/04/2023 | 02/05/2023 | R$0.36 |
| Dividend | 17/08/2022 | 29/08/2022 | R$0.22 |
| Dividend | 27/04/2022 | 09/05/2022 | R$0.34 |
| Dividend | 10/11/2021 | 25/11/2021 | R$0.35 |
| Dividend | 12/04/2021 | 20/04/2021 | R$0.73 |
| Interest on equity | 30/12/2020 | 11/01/2021 | R$0.04 |
| Dividend | 06/11/2020 | 13/11/2020 | R$0.26 |
| Dividend | 03/04/2017 | 17/04/2017 | R$0.26 |
| Dividend | 06/03/2012 | 15/03/2012 | R$0.11 |
See all 15 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Interest on equity | 06/03/2012 | 15/03/2012 | R$0.20 |
| Dividend | 03/03/2011 | 04/04/2011 | R$0.06 |
| Dividend | 30/04/2008 | 15/05/2008 | R$0.12 |
| Event | Last day to own | Ratio |
|---|---|---|
| Bonus shares | 22/10/2009 | 2.00% in shares |
About Minerva
- Sector
- Consumo Não Cíclico
- Segment
- Carnes e Derivados
- Listing segment
- Novo Mercado
- Tag along
- 100.00%
- Free float
- 44.49%
- Shares issued
- 1bn ordinary
- Average daily trading
- R$59.9m
- Ibovespa weight
- 0.07%
- Listed since
- 20/07/2007
- CNPJ
- 67.620.377/0001-14
A Minerva S.A. é uma companhia brasileira de alimentos com foco em carne bovina in natura, processados e subprodutos, com plataforma produtiva distribuída no Brasil e em outros países da América do Sul. A empresa tem perfil exportador relevante e atende mercados da Ásia, Oriente Médio e demais destinos internacionais. No segmento de carnes e derivados, a companhia opera plantas de abate e desossa, além de ativos de industrialização e distribuição voltados a canais de varejo e food service. O desempenho operacional acompanha variáveis como ciclo pecuário, disponibilidade de gado e spread entre custos e preços de venda. Na B3, a empresa negocia sob o ticker BEEF3. A organização foi fundada em 1924 e reporta quadro superior a 21 mil colaboradores.
Investor website| Shareholder | Ordinary | Preferred | Total |
|---|---|---|---|
| VDQ HOLDING S.A.Controlling | 28.89% | 0.00% | 28.89% |
| SALIC INTERNATIONAL INVESTMENT COMPANY | 24.34% | 0.00% | 24.34% |
| Outros | 45.88% | 0.00% | 45.88% |
| Ações Tesouraria | 0.88% | 0.00% | 0.88% |
Questions about BEEF3
How much is BEEF3 today?
BEEF3 is at R$3.94 (0.51% on the day), last traded on 30/09/2026.
How much did BEEF3 pay in dividends in 2025?
BEEF3 paid R$0.16 per share in 2025, a dividend yield of 2.86%.
What are the P/E and P/B of BEEF3?
BEEF3 trades at a P/E of 8.60 and a P/B of 2.50.
How much did BEEF3 return in 12 months?
BEEF3 returned -43.14% in 12 months, with annualised volatility of 29.57% and a largest drawdown of -47.18%.
What sector is BEEF3 in?
Minerva is in the Consumo Não Cíclico sector, Carnes e Derivados segment.