Create a free account

B3 · BRL

JHSF3

JHSF Participacoes S.A.

R$11.58-0.43% (-R$0.05)
Day's range
R$11.72 – R$12.05
Day's volume
R$50.8m
52-week range
R$5.86 – R$14.50

Follow JHSF3 on Fuolio

See how JHSF3 weighs in your net worth, what it has paid you and how far it is from your target allocation.

Create a free account

JHSF3 in numbers

Market cap
R$8bn
P/E
3.71
P/B
1.05
Dividend yield (12m)
6.49%
Net debt/EBITDA
2.64

The 12-month dividend yield of JHSF3 is 6.49%, below its 5-year average of 9.72%.

JHSF3 price history

01/10/202501/10/2026
Compare with

JHSF3 risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return+96.63%+208.97%+191.58%
Volatility (annualised)44.51%41.57%44.10%
Largest drawdown-10.91%-29.15%-47.89%
Positive months8/1220/3632/60

How much did investing in JHSF3 return?

R$1,000.00 invested on 01/10/2021 would be worth R$3,309.80 today.

Value today in JHSF3
R$3,309.80
Return over the period
+230.98%
Return per year
+27.05%
In the Ibovespa
R$1,798.95

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

JHSF3 fundamentals

Valuation

  • P/E
    3.71
  • P/B
    1.05
  • EV/EBITDA
    5.69
  • EV/EBIT
    5.84
  • EV/Revenue
    3.70
  • P/EBIT
    3.13
  • P/S
    1.98
  • P/OCF
    2.21
  • P/FCF
    7.35
  • Earnings yield
    17.13%
  • PEG ratio
    0.04
  • Earnings per share
    R$3.12
  • Book value per share
    R$10.98

Debt

  • Net debt
    R$7bn
  • Net debt/EBITDA
    2.64
  • Net debt/Equity
    0.88
  • Debt/Equity
    1.42
  • Current ratio
    1.73
  • Quick ratio
    1.34
  • Cash ratio
    1.01

Efficiency

  • Gross margin
    63.24%
  • EBITDA margin
    64.98%
  • Operating margin
    63.32%
  • Net margin
    51.79%
  • Asset turnover
    0.21

Profitability

  • ROE
    28.40%
  • ROA
    11.00%
  • ROIC
    16.37%
  • Payout
    24.12%

Growth

  • Revenue CAGR (5 years)
    17.65%
  • Earnings CAGR (5 years)
    19.22%
  • Revenue growth (year)
    116.37%
  • Earnings growth (year)
    121.65%
  • Revenue growth (quarter)
    123.00%
  • Earnings growth (quarter)
    86.49%

What is JHSF3's fair price?

Two classic value formulas, with today's numbers. The current price is R$11.58.

Graham's fair price
R$27.75
139.62% above the price

√(22.50 × R$3.12 × R$10.98)

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$8.32
28.13% below the price

R$0.50 (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.

JHSF3 indicators by year

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

Indicator20252024202320222021202020192018
P/E2.853.228.365.513.808.3614.195.58
P/B0.760.470.720.660.841.411.500.45
EV/EBITDA4.527.379.448.575.378.199.407.68
Dividend yield7.83%19.36%10.13%4.16%7.10%2.93%1.63%0.00%
Earnings per shareR$2.78R$1.14R$0.67R$0.91R$1.46R$0.93R$0.50R$0.34
Book value per shareR$10.47R$7.76R$7.69R$7.60R$6.63R$5.55R$4.77R$4.28
ROE26.54%14.64%8.66%11.99%22.07%16.82%10.54%8.04%
ROIC16.53%8.38%6.02%7.98%15.62%12.99%9.47%7.84%
Gross margin63.44%57.11%59.13%59.65%69.44%69.23%48.75%50.19%
EBITDA margin72.58%80.69%61.08%50.09%58.32%71.91%99.83%70.44%
Net margin54.43%53.14%28.40%32.54%49.99%54.99%50.60%37.54%
Net debt/EBITDA2.385.255.564.992.121.802.214.71

JHSF3 financial statements

Line202520242023202220212020
Net revenueR$3.5bnR$1.6bnR$1.6bnR$1.9bnR$2bnR$1.2bn
Cost of sales-R$1.3bn-R$689.6m-R$651.3m-R$767.4m-R$613.5m-R$360.1m
Gross profitR$2.2bnR$918.3mR$942.2mR$1.1bnR$1.4bnR$810.4m
EBITDAR$2.5bnR$1.3bnR$973.2mR$952.8mR$1.2bnR$841.7m
EBITR$2.5bnR$1.2bnR$920.9mR$892.3mR$1.1bnR$816.2m
Net finance result-R$344.7m-R$228.3m-R$204.9m-R$179.5m-R$117.7m-R$65.1m
Profit before taxR$2.1bnR$995.4mR$716mR$712.8mR$995.8mR$751.1m
Income tax-R$247.7m-R$133.9m-R$218.1m-R$80.7m-R$14.5m-R$112.2m
Net incomeR$1.9bnR$854.4mR$452.5mR$618.9mR$1bnR$643.7m

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

JHSF3 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
JHSF3Jhsf Participacoes3.711.056.49%28.40%R$8bn
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 JHSF3 pay dividends?

Announced payments
TypeLast day to ownPaymentPer share
Dividend30/09/202609/10/2026R$0.07
Dividend28/10/202609/11/2026R$0.07
Dividend30/11/202609/12/2026R$0.07

Dividend yield per year

  • 0.00%2017
  • 0.00%2018
  • 1.63%2019
  • 2.93%2020
  • 7.10%2021
  • 4.16%2022
  • 10.13%2023
  • 19.36%2024
  • 7.83%2025
  • 5.29%2026
Payment history
TypeLast day to ownPaymentPer share
Dividend28/08/202609/09/2026R$0.07
Dividend30/07/202610/08/2026R$0.07
Dividend01/07/202610/07/2026R$0.07
Dividend28/05/202609/06/2026R$0.07
Dividend29/04/202611/05/2026R$0.07
Dividend30/03/202609/04/2026R$0.07
Dividend26/02/202609/03/2026R$0.07
Dividend29/01/202609/02/2026R$0.07
Dividend20/01/202629/01/2026R$0.07
Dividend28/11/202509/12/2025R$0.03
Dividend30/10/202510/11/2025R$0.03
Dividend30/09/202509/10/2025R$0.03
See all 63 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Dividend29/08/202509/09/2025R$0.03
Dividend31/07/202511/08/2025R$0.03
Dividend01/07/202510/07/2025R$0.03
Dividend29/05/202509/06/2025R$0.03
Dividend29/04/202509/05/2025R$0.03
Dividend03/04/202514/04/2025R$0.28
Dividend25/02/202510/03/2025R$0.03
Dividend30/01/202510/02/2025R$0.03
Dividend27/12/202409/01/2025R$0.03
Dividend28/11/202409/12/2024R$0.03
Dividend31/10/202411/11/2024R$0.03
Dividend30/09/202409/10/2024R$0.03
Dividend29/08/202409/09/2024R$0.03
Dividend31/07/202409/08/2024R$0.03
Dividend28/06/202410/07/2024R$0.03
Dividend29/05/202410/06/2024R$0.03
Dividend29/04/202409/05/2024R$0.03
Dividend28/03/202409/04/2024R$0.03
Dividend29/02/202411/03/2024R$0.03
Dividend31/01/202409/02/2024R$0.03
Dividend27/12/202309/01/2024R$0.37
Dividend11/09/202320/09/2023R$0.04
Dividend10/08/202321/08/2023R$0.04
Dividend26/07/202302/08/2023R$0.04
Dividend19/06/202328/06/2023R$0.05
Dividend18/05/202329/05/2023R$0.05
Dividend19/04/202328/04/2023R$0.05
Dividend18/04/202328/04/2023R$0.14
Dividend16/03/202327/03/2023R$0.05
Dividend14/02/202327/02/2023R$0.05
Dividend17/01/202326/01/2023R$0.05
Dividend15/12/202226/12/2022R$0.05
Dividend03/03/202214/03/2022R$0.16
Dividend14/10/202125/10/2021R$0.18
Dividend01/04/202112/04/2021R$0.21
Dividend07/10/202019/10/2020R$0.07
Dividend18/08/202028/08/2020R$0.08
Dividend27/12/201920/01/2020R$0.08
Dividend03/04/201911/04/2019R$0.12
Dividend07/11/201418/11/2014R$0.01
Dividend30/04/201315/05/2013R$0.12
Dividend24/01/201210/02/2012R$0.14
Dividend29/04/201113/06/2011R$0.23
Interest on equity27/10/201008/11/2010R$0.11
Interest on equity23/12/200912/01/2010R$0.12
Dividend28/04/200915/12/2009R$0.11
Dividend13/03/200827/03/2008R$0.04
Dividend30/04/2014—R$0.05
Dividend12/04/2013—R$0.07
Dividend26/03/2012—R$0.05
Dividend30/04/2010—R$0.07

About Jhsf Participacoes

Sector
Construção e Imobiliário
Segment
Incorporações
Listing segment
Novo Mercado
Tag along
100.00%
Free float
37.31%
Shares issued
683.76m ordinary
Average daily trading
R$40.2m
Listed since
12/04/2007
CNPJ
08.294.224/0001-65

JHSF Participações S.A., listada na B3 sob o ticker JHSF3, atua em incorporação imobiliária e renda recorrente por meio de ativos de alta renda. O portfólio inclui projetos residenciais, shopping centers, hospitalidade e ativos associados à mobilidade e serviços, com concentração em empreendimentos premium. A companhia desenvolve e opera ativos próprios, combinando receita de vendas imobiliárias com receitas recorrentes de locação e operação. A estratégia corporativa é baseada em ativos de longo prazo e na gestão integrada de negócios imobiliários e de consumo, com presença no Brasil e projetos internacionais selecionados. O resultado financeiro tende a refletir tanto ciclos de lançamentos quanto desempenho dos ativos recorrentes, como shoppings e hospitalidade. Em comparação com incorporadoras focadas em baixa e média renda, JHSF3 possui exposição maior ao segmento de alta renda e turismo de padrão elevado.

Investor website
ShareholdersAs of 31/12/2026, from the Formulário de Referência filed with the CVM.
ShareholderOrdinaryPreferredTotal
JHSF PAR S.A.Controlling39.71%0.00%39.71%
JHSF UK LIMITEDControlling12.10%0.00%12.10%
JOSÉ AURIEMO NETOControlling3.75%0.00%3.75%
Flatly Global Ltd.Controlling0.25%0.00%0.25%
Outros40.36%0.00%40.36%
Ações Tesouraria3.83%0.00%3.83%

Questions about JHSF3

How much is JHSF3 today?

JHSF3 is at R$11.58 (-0.43% on the day), last traded on 01/10/2026.

How much did JHSF3 pay in dividends in 2025?

JHSF3 paid R$0.62 per share in 2025, a dividend yield of 7.83%.

When is the next JHSF3 dividend?

The next announced payment is R$0.07 per share on 09/10/2026.

What are the P/E and P/B of JHSF3?

JHSF3 trades at a P/E of 3.71 and a P/B of 1.05.

How much did JHSF3 return in 12 months?

JHSF3 returned 96.63% in 12 months, with annualised volatility of 44.51% and a largest drawdown of -10.91%.

What sector is JHSF3 in?

Jhsf Participacoes is in the Construção e Imobiliário sector, Incorporações segment.