B3 · BRL

SAPR3

Companhia de Saneamento do Parana - Sanepar

R$7.22+2.41% (R$0.17)
Day's range
R$7.00 – R$7.33
Day's volume
R$2m
52-week range
R$6.62 – R$11.79

Follow SAPR3 on Fuolio

See how SAPR3 weighs in your net worth, what it has paid you and how far it is from your target allocation.

Create a free account

SAPR3 in numbers

Market cap
R$10.3bn
P/E
7.99
P/B
0.30
Dividend yield (12m)
1.42%
Net debt/EBITDA
2.02

The 12-month dividend yield of SAPR3 is 1.42%, below its 5-year average of 4.80%.

SAPR3 price history

02/10/202501/10/2026
Compare with

SAPR3 risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return-11.53%+79.77%+143.44%
Volatility (annualised)42.82%33.22%27.17%
Largest drawdown-38.16%-38.16%-38.16%
Positive months3/1216/3629/60

How much did investing in SAPR3 return?

R$1,000.00 invested on 01/09/2021 would be worth R$2,434.35 today.

Value today in SAPR3
R$2,434.35
Return over the period
+143.44%
Return per year
+19.48%
In the Ibovespa
R$1,679.06

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

SAPR3 fundamentals

Valuation

  • P/E
    7.99
  • P/B
    0.30
  • EV/EBITDA
    5.83
  • EV/EBIT
    7.76
  • EV/Revenue
    2.08
  • P/EBIT
    5.07
  • P/S
    1.36
  • P/OCF
    1.48
  • P/FCF
    2.40
  • Earnings yield
    12.89%
  • PEG ratio
    —
  • Earnings per share
    R$0.90
  • Book value per share
    R$24.03

Debt

  • Net debt
    R$5.4bn
  • Net debt/EBITDA
    2.02
  • Net debt/Equity
    0.45
  • Debt/Equity
    0.83
  • Current ratio
    1.86
  • Quick ratio
    1.83
  • Cash ratio
    1.37

Efficiency

  • Gross margin
    57.51%
  • EBITDA margin
    35.74%
  • Operating margin
    26.88%
  • Net margin
    6.04%
  • Asset turnover
    0.28

Profitability

  • ROE
    3.76%
  • ROA
    1.72%
  • ROIC
    4.15%
  • Payout
    11.32%

Growth

  • Revenue CAGR (5 years)
    8.99%
  • Earnings CAGR (5 years)
    -15.14%
  • Revenue growth (year)
    5.22%
  • Earnings growth (year)
    34.57%
  • Revenue growth (quarter)
    7.80%
  • Earnings growth (quarter)
    -79.88%

What is SAPR3's fair price?

Two classic value formulas, with today's numbers. The current price is R$7.22.

Graham's fair price
R$22.10
206.15% above the price

√(22.50 × R$0.90 × R$24.03)

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$4.11
43.07% below the price

R$0.25 (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.

SAPR3 indicators by year

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

Indicator20252024202320222021202020192018
P/E6.545.425.641.521.633.038.129.47
P/B1.100.770.870.200.240.441.421.48
EV/EBITDA6.275.595.583.693.093.816.537.35
Dividend yield3.19%5.07%4.78%6.14%4.84%10.25%13.60%10.84%
Earnings per shareR$1.38R$1.02R$0.99R$2.29R$2.34R$1.98R$2.14R$1.77
Book value per shareR$8.17R$7.17R$6.45R$17.44R$15.54R$13.78R$12.26R$11.35
ROE16.84%14.27%15.43%13.11%15.05%14.35%17.49%15.61%
ROIC12.19%9.34%10.23%8.75%10.66%10.16%11.81%11.25%
Gross margin56.27%57.79%60.03%57.99%60.60%59.97%60.64%59.64%
EBITDA margin41.13%42.88%44.93%39.16%43.68%40.26%41.75%39.45%
Net margin28.86%22.57%23.89%20.30%22.63%20.76%22.87%21.44%
Net debt/EBITDA1.682.742.582.902.252.242.082.20

SAPR3 financial statements

Line202520242023202220212020
Net revenueR$7.2bnR$6.8bnR$6.3bnR$5.7bnR$5.2bnR$4.8bn
Cost of sales-R$3.2bn-R$2.9bn-R$2.5bn-R$2.4bn-R$2.1bn-R$1.9bn
Gross profitR$4.1bnR$4bnR$3.8bnR$3.3bnR$3.2bnR$2.9bn
EBITDAR$3bnR$2.9bnR$2.8bnR$2.2bnR$2.3bnR$1.9bn
EBITR$2.3bnR$2.4bnR$2.3bnR$1.8bnR$1.9bnR$1.6bn
Net finance result-R$34.9m-R$294.5m-R$323m-R$243m-R$275.2m-R$204.8m
Profit before taxR$2.3bnR$2.1bnR$2bnR$1.5bnR$1.6bnR$1.4bn
Income tax-R$223.1m-R$536.8m-R$521m-R$394m-R$425.9m-R$369.4m
Net incomeR$2.1bnR$1.5bnR$1.5bnR$1.2bnR$1.2bnR$996.3m

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

SAPR3 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
SAPR3Cia Saneamento Do Parana - Sanepar7.990.301.42%3.76%R$10.3bn
AXIA3AXIA313.391.323.41%9.86%R$156.5bn
AXIA7AXIA7——0.00%—R$156.5bn
SBSP3CIA SANEAMENTO BASICO EST SAO PAULO12.092.1512.64%17.80%R$96.9bn
ENEV3ENEVA S.A56.632.680.00%4.73%R$54.5bn
CPFE3CPFL ENERGIA S.A.8.942.368.01%26.43%R$53.7bn
EQTL3EQUATORIAL S.A.53.751.973.87%3.67%R$51.5bn

Does SAPR3 pay dividends?

Dividend yield per year

  • 7.16%2017
  • 10.84%2018
  • 13.60%2019
  • 10.25%2020
  • 4.84%2021
  • 6.14%2022
  • 4.78%2023
  • 5.07%2024
  • 3.19%2025
  • 5.03%2026
Payment history
TypeLast day to ownPaymentPer share
Interest on equity30/12/202526/06/2026R$0.10
Interest on equity30/06/202526/06/2026R$0.26
Interest on equity30/12/202426/06/2025R$0.15
Interest on equity28/06/202426/06/2025R$0.14
Interest on equity28/12/202327/06/2024R$0.11
Interest on equity30/06/202327/06/2024R$0.17
Interest on equity29/12/202227/06/2023R$0.17
Interest on equity30/06/202227/06/2023R$0.10
Dividend28/04/202224/06/2022R$0.01
Interest on equity30/12/202124/06/2022R$0.11
Interest on equity30/06/202124/06/2022R$0.09
Interest on equity30/12/202018/06/2021R$0.09
See all 54 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Interest on equity30/06/202018/06/2021R$0.09
Interest on equity30/12/201922/06/2020R$0.29
Interest on equity28/06/201922/06/2020R$0.32
Dividend24/04/201921/06/2019R$0.18
Interest on equity28/12/201821/06/2019R$0.31
Interest on equity02/07/201821/06/2019R$0.30
Dividend26/04/201825/06/2018R$0.01
Interest on equity28/12/201725/06/2018R$0.30
Interest on equity30/06/201725/06/2018R$0.30
Dividend27/04/201726/06/2017R$0.01
Interest on equity30/06/201626/06/2017R$0.29
Dividend28/04/201623/06/2016R$0.01
Interest on equity30/12/201523/06/2016R$0.21
Interest on equity30/06/201523/06/2016R$0.19
Interest on equity30/12/201426/06/2015R$0.17
Interest on equity30/06/201426/06/2015R$0.17
Dividend28/04/201525/06/2015R$0.06
Interest on equity30/12/201324/06/2014R$0.14
Interest on equity28/06/201320/12/2013R$0.14
Dividend25/04/201324/06/2013R$0.09
Interest on equity28/12/201224/06/2013R$0.14
Interest on equity29/06/201224/06/2013R$0.15
Interest on equity30/06/201122/06/2012R$0.14
Interest on equity30/06/201024/06/2011R$0.07
Interest on equity30/12/200925/06/2010R$0.03
Interest on equity30/06/200925/06/2010R$0.06
Interest on equity30/12/200819/06/2009R$0.03
Interest on equity30/06/200819/06/2009R$0.06
Interest on equity30/12/2016—R$0.28
Dividend25/04/2014—R$0.13
Interest on equity29/12/2011—R$0.14
Interest on equity30/12/2010—R$0.02
Interest on equity28/12/2007—R$0.05
Interest on equity29/06/2007—R$0.06
Interest on equity28/12/2006—R$0.05
Interest on equity30/06/2006—R$0.06
Interest on equity29/12/2005—R$0.06
Interest on equity30/06/2005—R$0.06
Interest on equity30/12/2004—R$0.14
Interest on equity30/12/2003—R$0.24
Interest on equity30/12/2002—R$0.06
Interest on equity28/06/2002—R$0.09
Splits, share consolidations and bonus shares
EventLast day to ownRatio
Split27/03/20203 for 1
Bonus shares22/03/200225.00% in shares

About Cia Saneamento Do Parana - Sanepar

Sector
Saneamento
Segment
Água e Saneamento
Listing segment
Level 2
Tag along
100.00%
Free float
79.97%
Shares issued
503.74m ordinary · 1.01bn preferred
Average daily trading
R$1m
Listed since
03/05/2002
CNPJ
76.484.013/0001-45

A Companhia de Saneamento do Paraná (Sanepar) é uma empresa estatal responsável pela distribuição de água, coleta e tratamento de esgoto, e gerenciamento de resíduos sólidos no estado do Paraná. Fundada em 1963, a Sanepar atua em 345 municípios paranaenses e em Porto União, Santa Catarina, servindo aproximadamente 26,7 milhões de clientes, o que representa 60% da população do estado. A companhia opera uma extensa rede de 84.600 quilômetros para captação, tratamento e distribuição de água potável, além de sistemas de coleta e tratamento de esgoto, com 100% do esgoto coletado sendo tratado antes do descarte em corpos hídricos. A Sanepar é uma das maiores empresas de saneamento e gestão de resíduos do Brasil, oferecendo serviços de saneamento que abrangem todas as fases do ciclo da água: abstração, tratamento, processamento e distribuição. Além disso, a companhia opera aterros sanitários em Apucarana, Cornélio Procópio e Cianorte. Com receita anual superior a R$ 6,8 bilhões e lucro líquido de aproximadamente R$ 1,5 bilhão, a Sanepar é uma empresa fundamental para a infraestrutura de saneamento básico da região Sul do Brasil.

Investor website
ShareholdersAs of 31/12/2026, from the Formulário de Referência filed with the CVM.
ShareholderOrdinaryPreferredTotal
Estado do ParanáControlling60.08%0.00%20.03%
Blackrock, Inc2.49%5.54%4.53%
Outros37.43%94.46%75.45%

Questions about SAPR3

How much is SAPR3 today?

SAPR3 is at R$7.22 (2.41% on the day), last traded on 02/10/2026.

How much did SAPR3 pay in dividends in 2025?

SAPR3 paid R$0.29 per share in 2025, a dividend yield of 3.19%.

What are the P/E and P/B of SAPR3?

SAPR3 trades at a P/E of 7.99 and a P/B of 0.30.

How much did SAPR3 return in 12 months?

SAPR3 returned -11.53% in 12 months, with annualised volatility of 42.82% and a largest drawdown of -38.16%.

What sector is SAPR3 in?

Cia Saneamento Do Parana - Sanepar is in the Saneamento sector, Água e Saneamento segment.