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B3 · BRL

RANI3

Irani Papel e Embalagem SA

R$7.71-1.15% (-R$0.09)
Day's range
R$7.76 – R$7.86
Day's volume
R$3.9m
52-week range
R$7.55 – R$10.12

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See how RANI3 weighs in your net worth, what it has paid you and how far it is from your target allocation.

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RANI3 in numbers

Market cap
R$1.8bn
P/E
13.73
P/B
1.24
Dividend yield (12m)
5.22%
Net debt/EBITDA
3.68

The 12-month dividend yield of RANI3 is 5.22%, below its 5-year average of 7.40%.

RANI3 price history

01/10/202501/10/2026
Compare with

RANI3 risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return-2.08%-24.53%+85.82%
Volatility (annualised)24.06%23.37%25.76%
Largest drawdown-19.87%-42.52%-42.52%
Positive months6/1216/3632/60

How much did investing in RANI3 return?

R$1,000.00 invested on 01/10/2021 would be worth R$1,793.13 today.

Value today in RANI3
R$1,793.13
Return over the period
+79.31%
Return per year
+12.39%
In the Ibovespa
R$1,794.02

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

RANI3 fundamentals

Valuation

  • P/E
    13.73
  • P/B
    1.24
  • EV/EBITDA
    6.93
  • EV/EBIT
    11.78
  • EV/Revenue
    2.26
  • P/EBIT
    5.52
  • P/S
    1.06
  • P/OCF
    3.68
  • P/FCF
    7.01
  • Earnings yield
    8.49%
  • PEG ratio
    —
  • Earnings per share
    R$0.56
  • Book value per share
    R$6.22

Debt

  • Net debt
    R$2bn
  • Net debt/EBITDA
    3.68
  • Net debt/Equity
    1.42
  • Debt/Equity
    2.00
  • Current ratio
    2.10
  • Quick ratio
    1.92
  • Cash ratio
    1.29

Efficiency

  • Gross margin
    35.35%
  • EBITDA margin
    32.64%
  • Operating margin
    19.19%
  • Net margin
    7.65%
  • Asset turnover
    0.43

Profitability

  • ROE
    9.03%
  • ROA
    3.29%
  • ROIC
    6.80%
  • Payout
    71.63%

Growth

  • Revenue CAGR (5 years)
    5.22%
  • Earnings CAGR (5 years)
    -6.78%
  • Revenue growth (year)
    3.62%
  • Earnings growth (year)
    -20.51%
  • Revenue growth (quarter)
    0.23%
  • Earnings growth (quarter)
    -66.53%

What is RANI3's fair price?

Two classic value formulas, with today's numbers. The current price is R$7.71.

Graham's fair price
R$8.86
14.96% above the price

√(22.50 × R$0.56 × R$6.22)

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$10.36
34.33% above the price

R$0.62 (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.

RANI3 indicators by year

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

Indicator20252024202320222021202020192018
P/E8.275.376.835.246.2814.92-8.38163.34
P/B1.381.202.051.761.871.761.981.59
EV/EBITDA6.166.886.715.945.238.795.836.35
Dividend yield8.45%7.72%7.81%7.94%5.07%1.28%0.57%0.00%
Earnings per shareR$1.05R$1.27R$1.60R$1.54R$1.11R$0.36-R$0.48R$0.02
Book value per shareR$6.30R$5.70R$5.34R$4.57R$3.73R$3.06R$2.02R$1.85
ROE16.67%22.28%29.96%33.62%29.80%11.80%-23.65%0.97%
ROIC10.34%9.74%13.41%13.22%16.51%9.09%0.00%2.27%
Gross margin41.53%38.43%43.07%47.91%39.36%31.60%29.86%28.21%
EBITDA margin38.70%31.53%41.65%40.49%32.90%23.58%36.42%20.01%
Net margin14.35%18.71%24.05%22.42%17.77%9.01%-8.86%0.32%
Net debt/EBITDA3.093.702.773.041.843.093.793.71

RANI3 financial statements

Line202520242023202220212020
Net revenueR$1.7bnR$1.6bnR$1.6bnR$1.7bnR$1.6bnR$1bn
Cost of sales-R$986.1m-R$1bn-R$907.6m-R$878.6m-R$973.8m-R$704.3m
Gross profitR$700.2mR$625.4mR$686.6mR$808.1mR$632mR$325.3m
EBITDAR$652.6mR$513.2mR$664mR$682.9mR$528.3mR$242.8m
EBITR$447.8mR$317.9mR$551.4mR$579.9mR$435.8mR$165.5m
Net finance result-R$130.9m-R$110.4m-R$45.6m-R$61.5m-R$45.6m-R$55.6m
Profit before taxR$316.9mR$207.5mR$505.8mR$518.4mR$390.2mR$109.9m
Income tax-R$63mR$97m-R$122.4m-R$140.2m-R$104.9m-R$17.2m
Net incomeR$242.1mR$304.5mR$383.4mR$378.2mR$285.3mR$92.8m

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

RANI3 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
RANI3Irani Papel E Embalagem13.731.245.22%9.03%R$1.8bn
SUZB3SUZANO S.A.6.841.122.54%16.44%R$55.9bn
SLCE3SLC AGRICOLA S.A.21.591.555.39%7.16%R$8.4bn
UNIP6UNIPAR CARBOCLORO S.A.23.913.1911.50%13.34%R$6.4bn
UNIP3UNIPAR CARBOCLORO S.A.23.283.1010.74%13.34%R$6.4bn
UNIP5UNIPAR CARBOCLORO S.A.24.233.2311.35%13.34%R$6.4bn
SMTO3SAO MARTINHO S.A.8.420.801.22%9.51%R$5.9bn

Does RANI3 pay dividends?

Dividend yield per year

  • 1.24%2017
  • 0.00%2018
  • 0.57%2019
  • 1.28%2020
  • 5.07%2021
  • 7.94%2022
  • 7.81%2023
  • 7.72%2024
  • 8.45%2025
  • 4.60%2026
Payment history
TypeLast day to ownPaymentPer share
Dividend07/08/202620/08/2026R$0.03
Dividend07/05/202620/05/2026R$0.02
Dividend24/04/202620/05/2026R$0.26
Dividend05/03/202620/03/2026R$0.04
Dividend10/11/202525/11/2025R$0.04
Dividend08/08/202522/08/2025R$0.11
Dividend07/05/202521/05/2025R$0.06
Dividend23/04/202521/05/2025R$0.32
Dividend10/03/202526/03/2025R$0.19
Dividend07/11/202422/11/2024R$0.04
Dividend07/08/202422/08/2024R$0.04
Dividend08/05/202423/05/2024R$0.04
See all 65 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Dividend26/04/202415/05/2024R$0.39
Dividend05/03/202421/03/2024R$0.01
Dividend08/11/202322/11/2023R$0.07
Dividend07/08/202323/08/2023R$0.23
Dividend08/05/202324/05/2023R$0.08
Dividend24/04/202318/05/2023R$0.39
Dividend07/03/202322/03/2023R$0.09
Dividend09/11/202225/11/2022R$0.10
Dividend08/08/202226/08/2022R$0.10
Dividend06/05/202225/05/2022R$0.10
Dividend28/04/202218/05/2022R$0.28
Dividend08/03/202230/03/2022R$0.06
Dividend08/11/202130/11/2021R$0.10
Dividend10/08/202130/08/2021R$0.06
Dividend11/05/202125/05/2021R$0.05
Dividend28/04/202120/05/2021R$0.10
Dividend04/03/202130/03/2021R$0.04
Dividend17/11/202030/12/2020R$0.02
Dividend26/08/202015/09/2020R$0.02
Interest on equity26/08/202015/09/2020R$0.02
Dividend28/04/202031/05/2020R$0.01
Dividend29/04/201930/05/2019R$0.02
Dividend08/03/201724/03/2017R$0.02
Dividend18/11/201514/12/2015R$0.01
Dividend20/08/201515/09/2015R$0.02
Dividend09/09/201430/09/2014R$0.02
Dividend16/04/201429/05/2014R$0.02
Dividend29/04/201304/06/2013R$0.06
Dividend24/01/201315/02/2013R$0.09
Dividend19/04/201209/05/2012R$0.68
Interest on equity16/11/201130/11/2011R$0.62
Dividend29/04/201131/05/2011R$1.20
Dividend30/04/201031/05/2010R$0.47
Dividend30/04/200825/06/2008R$0.03
Interest on equity13/11/200717/12/2007R$0.19
Interest on equity14/08/200712/09/2007R$0.12
Interest on equity19/07/200723/08/2007R$0.22
Dividend21/03/200713/04/2007R$0.12
Dividend22/03/200627/10/2006R$0.09
Dividend29/03/200529/11/2005R$15.45
Interest on equity16/09/200429/12/2004R$3.24
Interest on equity10/08/200429/12/2004R$3.24
Interest on equity12/07/200429/12/2004R$3.24
Interest on equity14/06/200426/11/2004R$3.20
Dividend31/03/200428/10/2004R$10.68
Interest on equity19/04/200430/06/2004R$9.64
Interest on equity22/08/200304/12/2003R$12.02
Interest on equity16/04/200325/08/2003R$8.28
Dividend26/04/200127/12/2001R$12.00
Dividend28/04/200010/10/2000R$3.00
Dividend06/03/2015—R$0.08
Dividend31/01/2014—R$0.10
Dividend23/07/2012—R$0.09
Splits, share consolidations and bonus shares
EventLast day to ownRatio
Split19/04/201220 for 1
Share consolidation27/05/20051 for 20
Bonus shares01/11/19891.00% in shares

About Irani Papel E Embalagem

Sector
Materiais
Segment
Embalagens
Listing segment
Novo Mercado
Tag along
100.00%
Free float
43.78%
Shares issued
230.5m ordinary
Average daily trading
R$4.3m
Listed since
10/06/1981
CNPJ
92.791.243/0001-03

Irani Papel e Embalagem S.A. é uma empresa brasileira especializada na fabricação de papel e embalagens de papel. A companhia produz papéis para embalagem, incluindo papelão ondulado, papel kraft e outros tipos de papel para diversos segmentos industriais. Irani opera com tecnologia moderna de produção, investindo em sustentabilidade e eficiência operacional. A empresa fornece soluções de embalagem para indústrias de alimentos, bebidas, eletrônicos e outros segmentos, atuando como fornecedora integrada de papel e embalagens no mercado brasileiro.

Investor website
ShareholdersAs of 31/12/2026, from the Formulário de Referência filed with the CVM.
ShareholderOrdinaryPreferredTotal
IRANI PARTICIPAÇÕES S.AControlling48.86%0.00%48.86%
Habitasul Desenvolvimentos Imobiliários S.A.Controlling5.84%0.00%5.84%
Companhia Habitasul de ParticipaçõesControlling0.77%0.00%0.77%
Companhia Comercial de Imóveis0.36%0.00%0.36%
Outros44.17%0.00%44.17%

Questions about RANI3

How much is RANI3 today?

RANI3 is at R$7.71 (-1.15% on the day), last traded on 01/10/2026.

How much did RANI3 pay in dividends in 2025?

RANI3 paid R$0.73 per share in 2025, a dividend yield of 8.45%.

What are the P/E and P/B of RANI3?

RANI3 trades at a P/E of 13.73 and a P/B of 1.24.

How much did RANI3 return in 12 months?

RANI3 returned -2.08% in 12 months, with annualised volatility of 24.06% and a largest drawdown of -19.87%.

What sector is RANI3 in?

Irani Papel E Embalagem is in the Materiais sector, Embalagens segment.