B3 · BRL
KLBN11
Klabin SA Ctf de Deposito de Acoes Cons of 1 Sh + 4 Pfd Shs
- Day's range
- R$18.08 – R$18.55
- Day's volume
- R$115.2m
- 52-week range
- R$16.10 – R$21.25
Follow KLBN11 on Fuolio
See how KLBN11 weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountKLBN11 in numbers
- Market cap
- R$22.8bn
- P/E
- 127.77
- P/B
- 2.38
- Dividend yield (12m)
- 6.48%
- Net debt/EBITDA
- 3.09
The 12-month dividend yield of KLBN11 is 6.48%, above its 5-year average of 5.40%.
KLBN11 price history
KLBN11 risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +9.01% | +1.47% | +13.71% |
| Volatility (annualised) | 22.31% | 20.29% | 22.66% |
| Largest drawdown | -18.92% | -20.57% | -26.03% |
| Positive months | 6/12 | 16/36 | 28/60 |
How much did investing in KLBN11 return?
R$1,000.00 invested on 01/09/2021 would be worth R$1,137.10 today.
- Value today in KLBN11
- R$1,137.10
- Return over the period
- +13.71%
- Return per year
- +2.60%
- 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.
KLBN11 fundamentals
Valuation
- P/E127.77
- P/B2.38
- EV/EBITDA5.95
- EV/EBIT15.28
- EV/Revenue2.30
- P/EBIT7.33
- P/S1.10
- P/OCF4.05
- P/FCF6.28
- Earnings yield6.55%
- PEG ratio—
- Earnings per shareR$0.14
- Book value per shareR$7.60
Debt
- Net debtR$24.8bn
- Net debt/EBITDA3.09
- Net debt/Equity1.55
- Debt/Equity2.18
- Current ratio2.00
- Quick ratio1.55
- Cash ratio1.14
Efficiency
- Gross margin28.00%
- EBITDA margin38.67%
- Operating margin15.05%
- Net margin2.59%
- Asset turnover0.32
Profitability
- ROE1.86%
- ROA0.84%
- ROIC6.36%
- Payout827.41%
Growth
- Revenue CAGR (5 years)8.21%
- Earnings CAGR (5 years)-39.32%
- Revenue growth (year)5.36%
- Earnings growth (year)-23.37%
- Revenue growth (quarter)1.55%
- Earnings growth (quarter)-91.53%
What is KLBN11's fair price?
Two classic value formulas, with today's numbers. The current price is R$18.11.
- Graham's fair price
- R$4.92
- 72.82% below the price
√(22.50 × R$0.14 × R$7.60)
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$17.95
- 0.87% below the price
R$1.08 (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.
KLBN11 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 | 84.28 | 78.30 | 50.96 | 25.13 | 47.85 | -59.95 | 148.01 | 624.99 |
| P/B | 8.21 | 16.60 | 10.00 | 9.69 | 20.39 | 34.02 | 15.39 | 13.15 |
| EV/EBITDA | 15.21 | 21.04 | 20.98 | 13.65 | 20.38 | 30.51 | 24.63 | 21.25 |
| Dividend yield | 5.32% | 5.72% | 6.16% | 8.22% | 1.58% | 0.89% | 6.88% | 5.58% |
| Earnings per share | R$0.22 | R$0.30 | R$0.44 | R$0.79 | R$0.54 | -R$0.44 | R$0.12 | R$0.03 |
| Book value per share | R$2.31 | R$1.40 | R$2.22 | R$2.06 | R$1.26 | R$0.78 | R$1.20 | R$1.21 |
| ROE | 9.74% | 21.20% | 19.62% | 38.56% | 42.62% | -56.74% | 10.40% | 2.10% |
| ROIC | 7.85% | 9.36% | 8.96% | 13.98% | 14.27% | 7.75% | 9.20% | 0.00% |
| Gross margin | 35.39% | 37.52% | 38.00% | 47.50% | 45.77% | 39.52% | 33.30% | 42.95% |
| EBITDA margin | 45.76% | 43.07% | 42.03% | 49.22% | 49.77% | 46.85% | 45.95% | 46.49% |
| Net margin | 6.78% | 9.32% | 14.95% | 22.27% | 18.32% | -20.82% | 6.58% | 1.37% |
| Net debt/EBITDA | 2.73 | 4.10 | 2.86 | 2.27 | 2.76 | 3.86 | 3.43 | 2.80 |
KLBN11 financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | R$20.7bn | R$19.6bn | R$18bn | R$20bn | R$16.5bn | R$11.9bn |
| Cost of sales | -R$13.4bn | -R$12.3bn | -R$11.2bn | -R$10.5bn | -R$8.9bn | -R$7.2bn |
| Gross profit | R$7.3bn | R$7.4bn | R$6.8bn | R$9.5bn | R$7.5bn | R$4.7bn |
| EBITDA | R$9.5bn | R$8.5bn | R$7.6bn | R$9.9bn | R$8.2bn | R$5.6bn |
| EBIT | R$4.5bn | R$4.5bn | R$4.2bn | R$6.7bn | R$5.5bn | R$3.2bn |
| Net finance result | -R$2.1bn | -R$2.2bn | -R$435.2m | -R$91.4m | -R$1.1bn | -R$7bn |
| Profit before tax | R$2.4bn | R$2.3bn | R$3.8bn | R$6.6bn | R$4.4bn | -R$3.8bn |
| Income tax | -R$701.2m | -R$222.7m | -R$966.7m | -R$1.9bn | -R$1bn | R$1.4bn |
| Net income | R$1.4bn | R$1.8bn | R$2.7bn | R$4.5bn | R$3bn | -R$2.5bn |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
KLBN11 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 |
|---|---|---|---|---|---|
| KLBN11Klabin | 127.77 | 2.38 | 6.48% | 1.86% | R$22.8bn |
| KLBN4KLABIN S.A. | 127.00 | 2.37 | 6.52% | 1.86% | R$22.8bn |
| KLBN3KLABIN S.A. | 132.29 | 2.47 | 6.25% | 1.86% | R$22.8bn |
| VALE3VALE S.A. | 29.93 | 1.58 | 8.03% | 5.27% | R$310.3bn |
| GGBR4GERDAU S.A. | 21.46 | 0.90 | 3.26% | 4.18% | R$45.4bn |
| GGBR3GERDAU S.A. | 18.25 | 0.76 | 3.83% | 4.18% | R$45.4bn |
| CMIN3CSN MINERAÇÃO S.A. | 11.66 | 3.71 | 7.70% | 31.79% | R$27.2bn |
Does KLBN11 pay dividends?
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 15/12/2025 | 12/11/2026 | R$0.23 |
Dividend yield per year
- 3.50%2017
- 5.58%2018
- 6.88%2019
- 0.89%2020
- 1.58%2021
- 8.22%2022
- 6.16%2023
- 5.72%2024
- 5.32%2025
- 3.78%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 15/12/2025 | 19/08/2026 | R$0.23 |
| Dividend | 15/12/2025 | 20/05/2026 | R$0.23 |
| Dividend | 15/12/2025 | 27/02/2026 | R$0.23 |
| Dividend | 07/11/2025 | 19/11/2025 | R$0.26 |
| Dividend | 08/08/2025 | 19/08/2025 | R$0.25 |
| Dividend | 13/05/2025 | 22/05/2025 | R$0.23 |
| Dividend | 05/03/2025 | 14/03/2025 | R$0.04 |
| Interest on equity | 16/12/2024 | 12/03/2025 | R$0.21 |
| Interest on equity | 11/11/2024 | 21/11/2024 | R$0.35 |
| Dividend | 05/08/2024 | 15/08/2024 | R$0.34 |
| Dividend | 03/05/2024 | 16/05/2024 | R$0.30 |
| Dividend | 15/02/2024 | 26/02/2024 | R$0.17 |
See all 56 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Interest on equity | 21/12/2023 | 26/02/2024 | R$0.15 |
| Interest on equity | 27/10/2023 | 14/11/2023 | R$0.29 |
| Dividend | 04/08/2023 | 15/08/2023 | R$0.24 |
| Dividend | 05/05/2023 | 16/05/2023 | R$0.35 |
| Dividend | 13/02/2023 | 24/02/2023 | R$0.31 |
| Interest on equity | 20/12/2022 | 22/02/2023 | R$0.03 |
| Dividend | 31/10/2022 | 14/11/2022 | R$0.26 |
| Interest on equity | 31/10/2022 | 14/11/2022 | R$0.20 |
| Dividend | 01/08/2022 | 11/08/2022 | R$0.36 |
| Dividend | 06/05/2022 | 18/05/2022 | R$0.31 |
| Dividend | 14/02/2022 | 25/02/2022 | R$0.34 |
| Dividend | 29/10/2021 | 11/11/2021 | R$0.27 |
| Interest on equity | 29/10/2021 | 11/11/2021 | R$0.09 |
| Dividend | 10/02/2020 | 20/02/2020 | R$0.02 |
| Interest on equity | 20/12/2019 | 20/02/2020 | R$0.19 |
| Interest on equity | 06/11/2019 | 14/11/2019 | R$0.09 |
| Dividend | 06/11/2019 | 14/11/2019 | R$0.18 |
| Dividend | 08/08/2019 | 19/08/2019 | R$0.18 |
| Dividend | 06/05/2019 | 17/05/2019 | R$0.19 |
| Dividend | 12/02/2019 | 25/02/2019 | R$0.02 |
| Interest on equity | 20/12/2018 | 22/02/2019 | R$0.12 |
| Interest on equity | 20/12/2018 | 22/02/2019 | R$0.24 |
| Dividend | 20/12/2018 | 22/02/2019 | R$0.12 |
| Interest on equity | 01/11/2018 | 14/11/2018 | R$0.25 |
| Dividend | 01/11/2018 | 14/11/2018 | R$0.07 |
| Dividend | 03/08/2018 | 15/08/2018 | R$0.17 |
| Dividend | 02/05/2018 | 14/05/2018 | R$0.14 |
| Dividend | 06/02/2018 | 19/02/2018 | R$0.16 |
| Dividend | 02/11/2017 | 14/11/2017 | R$0.16 |
| Dividend | 01/08/2017 | 11/08/2017 | R$0.11 |
| Dividend | 01/08/2017 | 11/08/2017 | R$0.02 |
| Dividend | 04/05/2017 | 12/05/2017 | R$0.06 |
| Dividend | 25/04/2017 | 12/05/2017 | R$0.05 |
| Dividend | 06/02/2017 | 16/02/2017 | R$0.14 |
| Dividend | 03/11/2016 | 14/11/2016 | R$0.13 |
| Dividend | 29/07/2016 | 10/08/2016 | R$0.12 |
| Dividend | 29/04/2016 | 11/05/2016 | R$0.11 |
| Dividend | 03/02/2016 | 22/02/2016 | R$0.13 |
| Dividend | 27/07/2015 | 06/08/2015 | R$0.19 |
| Dividend | 23/03/2015 | 06/04/2015 | R$0.11 |
| Dividend | 10/11/2014 | 18/11/2014 | R$0.10 |
| Dividend | 11/08/2014 | 19/08/2014 | R$0.17 |
| Dividend | 20/03/2014 | 09/04/2014 | R$0.49 |
| Dividend | 27/10/2015 | — | R$0.11 |
| Event | Last day to own | Ratio |
|---|---|---|
| Bonus shares | 17/12/2025 | 1.00% in shares |
| Split | 07/05/2024 | 11 for 10 |
| Split | 24/03/2014 | 5 for 1 |
About Klabin
- Sector
- Materiais Básicos
- Segment
- Papel e Celulose
- Listing segment
- Level 2
- Tag along
- Set by the bylaws
- Free float
- 65.72%
- Shares issued
- 2.31bn ordinary · 3.93bn preferred
- Average daily trading
- R$91.7m
- Ibovespa weight
- 0.55%
- Listed since
- 02/01/2002
- CNPJ
- 89.637.490/0001-45
A Klabin S.A. é uma companhia brasileira integrada de papel e celulose, com atuação em florestas plantadas, produção de celulose, papéis para embalagens e soluções de embalagem. A empresa opera ativos industriais em diferentes estados e possui perfil exportador relevante. O modelo de negócio combina base florestal própria, conversão industrial e fornecimento para cadeias de alimentos, bens de consumo e comércio eletrônico. A companhia mantém foco em papéis para embalagem, celulose de mercado e expansões de capacidade em projetos de longo prazo. Na B3, a empresa negocia unidades sob o ticker KLBN11 no setor de materiais básicos, segmento de papel e celulose. A companhia foi fundada em 1899 e reporta 9.071 empregados.
Investor website| Shareholder | Ordinary | Preferred | Total |
|---|---|---|---|
| KLABIN IRMÃOS S.A.Controlling | 52.24% | 0.00% | 19.36% |
| BlackRock Inc | 4.25% | 10.00% | 7.87% |
| The Bank Of New York Department | 3.03% | 7.15% | 5.62% |
| Guepardo Investimentos Ltda. | 2.15% | 5.06% | 3.98% |
| Outros | 37.46% | 75.75% | 61.56% |
| Ações Tesouraria | 0.87% | 2.05% | 1.61% |
Questions about KLBN11
How much is KLBN11 today?
KLBN11 is at R$18.11 (-0.88% on the day), last traded on 01/10/2026.
How much did KLBN11 pay in dividends in 2025?
KLBN11 paid R$1.00 per share in 2025, a dividend yield of 5.32%.
When is the next KLBN11 dividend?
The next announced payment is R$0.23 per share on 12/11/2026.
What are the P/E and P/B of KLBN11?
KLBN11 trades at a P/E of 127.77 and a P/B of 2.38.
How much did KLBN11 return in 12 months?
KLBN11 returned 9.01% in 12 months, with annualised volatility of 22.31% and a largest drawdown of -18.92%.
What sector is KLBN11 in?
Klabin is in the Materiais Básicos sector, Papel e Celulose segment.