B3 · BRL

EVEN3

Even Construtora E Incorporadora S.A.

R$4.73-2.87% (-R$0.14)
Day's range
R$4.64 – R$4.99
Day's volume
R$9.3m
52-week range
R$3.94 – R$9.17

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EVEN3 in numbers

Market cap
R$946m
P/E
4.78
P/B
0.49
Dividend yield (12m)
19.37%
Net debt/EBITDA
3.39

The 12-month dividend yield of EVEN3 is 19.37%, above its 5-year average of 9.76%.

EVEN3 price history

01/10/202530/09/2026
Compare with

EVEN3 risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return-28.72%-2.31%+7.69%
Volatility (annualised)37.81%35.05%38.81%
Largest drawdown-47.49%-47.49%-47.49%
Positive months6/1219/3631/60

How much did investing in EVEN3 return?

R$1,000.00 invested on 01/09/2021 would be worth R$845.26 today.

Value today in EVEN3
R$845.26
Return over the period
-15.47%
Return per year
-3.31%
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.

EVEN3 fundamentals

Valuation

  • P/E
    4.78
  • P/B
    0.49
  • EV/EBITDA
    7.98
  • EV/EBIT
    8.14
  • EV/Revenue
    1.06
  • P/EBIT
    4.68
  • P/S
    0.61
  • P/OCF
    -6.28
  • P/FCF
    -138.75
  • Earnings yield
    12.28%
  • PEG ratio
    0.00
  • Earnings per share
    R$0.99
  • Book value per share
    R$9.63

Debt

  • Net debt
    R$698.7m
  • Net debt/EBITDA
    3.39
  • Net debt/Equity
    0.30
  • Debt/Equity
    0.64
  • Current ratio
    4.67
  • Quick ratio
    1.96
  • Cash ratio
    0.99

Efficiency

  • Gross margin
    28.75%
  • EBITDA margin
    13.35%
  • Operating margin
    13.07%
  • Net margin
    16.15%
  • Asset turnover
    0.30

Profitability

  • ROE
    10.28%
  • ROA
    4.83%
  • ROIC
    5.65%
  • Payout
    92.51%

Growth

  • Revenue CAGR (5 years)
    -5.92%
  • Earnings CAGR (5 years)
    17.26%
  • Revenue growth (year)
    -10.99%
  • Earnings growth (year)
    464.48%
  • Revenue growth (quarter)
    -11.10%
  • Earnings growth (quarter)
    1,039.95%

What is EVEN3's fair price?

Two classic value formulas, with today's numbers. The current price is R$4.73.

Graham's fair price
R$14.65
209.74% above the price

√(22.50 × R$0.99 × R$9.63)

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$10.51
122.16% above the price

R$0.63 (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.

EVEN3 indicators by year

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

Indicator20252024202320222021202020192018
P/E6.5525.467.599.306.08173.5428.33-8.10
P/B0.710.520.570.360.541.031.800.72
EV/EBITDA8.0813.516.735.792.846.1121.44—
Dividend yield9.84%21.54%4.90%0.00%12.53%1.20%0.00%0.00%
Earnings per shareR$1.19R$0.21R$1.08R$0.49R$1.09R$0.07R$0.55-R$0.74
Book value per shareR$10.97R$10.35R$14.40R$12.87R$12.23R$11.70R$8.65R$8.33
ROE10.83%2.04%7.50%3.83%8.92%0.59%6.35%-8.89%
ROIC7.92%3.19%7.36%3.85%11.78%14.63%5.66%-6.10%
Gross margin27.11%26.78%21.74%22.54%27.77%28.87%24.87%13.75%
EBITDA margin13.33%5.09%10.17%5.81%12.02%16.78%9.39%-10.29%
Net margin12.38%1.95%7.26%4.50%10.16%0.88%6.23%-10.90%
Net debt/EBITDA2.013.751.30-1.42-2.30-2.982.64—

EVEN3 financial statements

Line202520242023202220212020
Net revenueR$1.9bnR$2.2bnR$3bnR$2.3bnR$2.3bnR$1.7bn
Cost of sales-R$1.4bn-R$1.6bn-R$2.3bn-R$1.8bn-R$1.6bn-R$1.2bn
Gross profitR$520.6mR$577.7mR$646.6mR$522.5mR$632mR$482.4m
EBITDAR$256mR$109.8mR$302.5mR$134.7mR$273.5mR$280.4m
EBITR$251.9mR$105.1mR$292.6mR$125.6mR$265.1mR$272.1m
Net finance resultR$99.4mR$55.9mR$121.5mR$127.5mR$64.7mR$13.9m
Profit before taxR$351.3mR$161.1mR$414.2mR$253mR$329.8mR$286m
Income tax-R$52.3m-R$39.9m-R$72.9m-R$56.2m-R$41.9m-R$32.8m
Net incomeR$237.7mR$42.1mR$216mR$104.4mR$231.2mR$14.7m

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

EVEN3 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
EVEN3Even Construtora E Incorporadora4.780.4919.37%10.28%R$946m
ITUB4ITAU UNIBANCO HOLDING S.A.10.432.247.15%21.50%R$511.8bn
ITUB3ITAU UNIBANCO HOLDING S.A.11.412.456.53%21.50%R$511.8bn
BPAC3BCO BTG PACTUAL S.A.15.683.481.91%22.20%R$271.9bn
BPAC5BCO BTG PACTUAL S.A.13.142.922.28%22.20%R$271.9bn
BBDC4BCO BRADESCO S.A.7.921.086.80%13.66%R$183.9bn
BBDC3BCO BRADESCO S.A.6.940.957.05%13.66%R$183.9bn

Does EVEN3 pay dividends?

Dividend yield per year

  • 0.00%2017
  • 0.00%2018
  • 0.00%2019
  • 1.20%2020
  • 12.53%2021
  • 0.00%2022
  • 4.90%2023
  • 21.54%2024
  • 9.84%2025
  • 3.19%2026
Payment history
TypeLast day to ownPaymentPer share
Dividend01/06/202612/06/2026R$0.15
Dividend17/11/202528/11/2025R$0.77
Dividend08/10/202418/10/2024R$0.40
Dividend16/05/202427/05/2024R$0.20
Dividend16/05/202427/05/2024R$0.30
Dividend19/12/202305/01/2024R$0.25
Dividend20/09/202329/09/2023R$0.25
Dividend18/11/202211/01/2023R$0.15
Dividend20/12/202129/12/2021R$0.07
Dividend18/06/202130/06/2021R$0.19
Dividend28/04/202117/05/2021R$0.56
Dividend30/04/202002/07/2020R$0.14
See all 22 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Dividend23/05/201603/06/2016R$0.01
Dividend22/04/201603/05/2016R$0.16
Dividend20/05/201430/05/2014R$0.29
Dividend18/04/201230/04/2012R$0.23
Dividend29/04/201110/05/2011R$0.26
Dividend22/04/200905/05/2009R$0.08
Dividend14/04/200830/04/2008R$0.05
Dividend30/04/2015—R$0.26
Dividend29/04/2013—R$0.26
Dividend09/04/2010—R$0.17

About Even Construtora E Incorporadora

Sector
Construção e Imobiliário
Segment
Incorporações
Listing segment
Novo Mercado
Tag along
100.00%
Free float
44.85%
Shares issued
200m ordinary
Average daily trading
R$4.8m
Listed since
02/04/2007
CNPJ
43.470.988/0001-65

A Even Construtora e Incorporadora S.A. desenvolve e comercializa empreendimentos residenciais e, em menor escala, projetos comerciais no mercado imobiliário brasileiro, com concentração histórica na cidade de São Paulo e regiões adjacentes. A companhia atua em incorporação, construção e vendas, operando tanto marca própria quanto parcerias em projetos específicos. Fundada em 1974, a empresa estrutura sua operação na originação de terrenos, planejamento de produtos, execução de obras e monetização por lançamentos e repasses. O resultado é sensível ao ciclo de juros, crédito imobiliário, velocidade de vendas e custo de construção. Gestão de estoque, disciplina de alocação de capital e controle de distratos são fatores relevantes para geração de caixa e rentabilidade no segmento de incorporação residencial.

Investor website
ShareholdersAs of 31/12/2026, from the Formulário de Referência filed with the CVM.
ShareholderOrdinaryPreferredTotal
Nova Milano InvestimentosControlling51.19%0.00%51.19%
REAL INVESTOR ASSET MANAGEMENT LTDA9.92%0.00%9.92%
MELPAR INVEST LTDA7.62%0.00%7.62%
BTG PACTUAL GESTÃO E CONSULTORIA LTDA7.38%0.00%7.38%
Outros23.10%0.00%23.10%
Ações Tesouraria0.80%0.00%0.80%

Questions about EVEN3

How much is EVEN3 today?

EVEN3 is at R$4.73 (-2.87% on the day), last traded on 30/09/2026.

How much did EVEN3 pay in dividends in 2025?

EVEN3 paid R$0.77 per share in 2025, a dividend yield of 9.84%.

What are the P/E and P/B of EVEN3?

EVEN3 trades at a P/E of 4.78 and a P/B of 0.49.

How much did EVEN3 return in 12 months?

EVEN3 returned -28.72% in 12 months, with annualised volatility of 37.81% and a largest drawdown of -47.49%.

What sector is EVEN3 in?

Even Construtora E Incorporadora is in the Construção e Imobiliário sector, Incorporações segment.