B3 · BRL

SUZB3

Suzano S.A.

R$44.20-0.38% (-R$0.17)
Day's range
R$44.20 – R$45.02
Day's volume
R$191.4m
52-week range
R$39.17 – R$59.65

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SUZB3 in numbers

Market cap
R$55.9bn
P/E
6.84
P/B
1.12
Dividend yield (12m)
2.54%
Net debt/EBITDA
3.46

The 12-month dividend yield of SUZB3 is 2.54%, above its 5-year average of 2.46%.

SUZB3 price history

01/10/202530/09/2026
Compare with

SUZB3 risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return-7.62%-7.45%+2.82%
Volatility (annualised)32.20%28.24%28.15%
Largest drawdown-31.46%-34.88%-34.88%
Positive months5/1218/3629/60

How much did investing in SUZB3 return?

R$1,000.00 invested on 01/09/2021 would be worth R$957.44 today.

Value today in SUZB3
R$957.44
Return over the period
-4.26%
Return per year
-0.87%
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.

SUZB3 fundamentals

Valuation

  • P/E
    6.84
  • P/B
    1.12
  • EV/EBITDA
    6.00
  • EV/EBIT
    13.09
  • EV/Revenue
    2.76
  • P/EBIT
    5.54
  • P/S
    1.17
  • P/OCF
    3.35
  • P/FCF
    17.42
  • Earnings yield
    7.64%
  • PEG ratio
    1.57
  • Earnings per share
    R$6.46
  • Book value per share
    R$39.31

Debt

  • Net debt
    R$76.1bn
  • Net debt/EBITDA
    3.46
  • Net debt/Equity
    1.53
  • Debt/Equity
    2.05
  • Current ratio
    3.38
  • Quick ratio
    2.75
  • Cash ratio
    1.89

Efficiency

  • Gross margin
    28.65%
  • EBITDA margin
    45.96%
  • Operating margin
    21.07%
  • Net margin
    17.14%
  • Asset turnover
    0.28

Profitability

  • ROE
    16.44%
  • ROA
    4.79%
  • ROIC
    5.32%
  • Payout
    17.35%

Growth

  • Revenue CAGR (5 years)
    6.93%
  • Earnings CAGR (5 years)
    -7.45%
  • Revenue growth (year)
    5.72%
  • Earnings growth (year)
    289.54%
  • Revenue growth (quarter)
    -6.77%
  • Earnings growth (quarter)
    4.38%

What is SUZB3's fair price?

Two classic value formulas, with today's numbers. The current price is R$44.20.

Graham's fair price
R$75.60
71.05% above the price

√(22.50 × R$6.46 × R$39.31)

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$21.03
52.42% below the price

R$1.26 (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.

SUZB3 indicators by year

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

Indicator20252024202320222021202020192018
P/E4.85-11.045.152.819.46-7.43-19.17162.84
P/B1.482.411.621.985.3810.862.994.31
EV/EBITDA6.566.727.014.345.569.4716.0910.16
Dividend yield3.92%1.88%0.00%6.49%0.00%0.00%1.12%0.50%
Earnings per shareR$10.61-R$5.60R$10.80R$17.18R$6.34-R$7.88-R$2.07R$0.23
Book value per shareR$34.77R$25.64R$34.36R$24.36R$11.15R$5.39R$13.29R$8.83
ROE30.51%-21.82%31.43%70.50%56.85%-146.17%-15.58%2.65%
ROIC5.70%6.93%8.77%18.87%24.11%7.20%2.32%18.58%
Gross margin32.38%42.19%36.92%50.19%49.68%37.73%20.26%48.51%
EBITDA margin43.79%52.56%49.14%59.50%61.56%49.77%27.18%48.89%
Net margin26.75%-14.92%35.43%46.92%21.06%-35.21%-10.83%2.37%
Net debt/EBITDA3.603.583.302.122.324.218.452.27

SUZB3 financial statements

Line202520242023202220212020
Net revenueR$50.1bnR$47.4bnR$39.8bnR$49.8bnR$41bnR$30.5bn
Cost of sales-R$33.9bn-R$27.4bn-R$25.1bn-R$24.8bn-R$20.6bn-R$19bn
Gross profitR$16.2bnR$20bnR$14.7bnR$25bnR$20.3bnR$11.5bn
EBITDAR$21.9bnR$24.9bnR$19.5bnR$29.6bnR$25.2bnR$15.2bn
EBITR$10.6bnR$15.7bnR$12.2bnR$22.2bnR$18.2bnR$8.4bn
Net finance resultR$9.8bn-R$28.8bnR$5.8bnR$6.4bn-R$9.3bn-R$26.1bn
Profit before taxR$20.4bn-R$13.1bnR$18bnR$28.7bnR$8.8bn-R$17.6bn
Income tax-R$7bnR$6.1bn-R$3.9bn-R$5.3bn-R$197.4mR$6.9bn
Net incomeR$13.4bn-R$7.1bnR$14.1bnR$23.4bnR$8.6bn-R$10.7bn

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

SUZB3 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
SUZB3Suzano6.841.122.54%16.44%R$55.9bn
SLCE3SLC AGRICOLA S.A.21.791.565.34%7.16%R$8.5bn
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.8.470.811.21%9.51%R$5.9bn

Does SUZB3 pay dividends?

Announced payments
TypeLast day to ownPaymentPer share
Dividend29/04/202631/12/2026R$0.00

Dividend yield per year

  • 0.98%2017
  • 0.50%2018
  • 1.12%2019
  • 0.00%2020
  • 0.00%2021
  • 6.49%2022
  • 0.00%2023
  • 1.88%2024
  • 3.92%2025
  • 2.53%2026
Payment history
TypeLast day to ownPaymentPer share
Dividend18/12/202504/02/2026R$1.12
Interest on equity16/12/202410/01/2025R$2.02
Interest on equity07/12/202310/01/2024R$1.16
Dividend16/12/202227/12/2022R$1.79
Dividend04/05/202213/05/2022R$0.59
Dividend18/01/202227/01/2022R$0.74
Dividend18/04/201930/04/2019R$0.44
Dividend26/04/201809/05/2018R$0.19
Interest on equity29/11/201711/12/2017R$0.18
Dividend25/04/201604/05/2016R$0.28
Dividend12/11/201524/11/2015R$0.11
Dividend30/04/201511/05/2015R$0.14
See all 35 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Dividend30/04/201412/05/2014R$0.11
Dividend30/04/201412/05/2014R$0.12
Dividend30/04/201310/05/2013R$0.09
Dividend30/04/201310/05/2013R$0.10
Interest on equity22/12/201115/03/2012R$0.23
Interest on equity22/12/201115/03/2012R$0.25
Dividend29/04/201109/05/2011R$0.03
Dividend29/04/201109/05/2011R$0.03
Interest on equity29/12/201015/03/2011R$0.36
Interest on equity10/08/201010/09/2010R$0.14
Dividend30/04/201017/05/2010R$0.01
Interest on equity29/12/200930/12/2009R$0.59
Interest on equity29/10/200911/11/2009R$0.11
Interest on equity20/12/200709/01/2008R$0.23
Interest on equity18/09/200728/09/2007R$0.27
Dividend25/04/200731/05/2007R$0.02
Interest on equity12/12/200604/01/2007R$0.16
Interest on equity19/07/200611/08/2006R$0.17
Interest on equity19/12/200504/01/2006R$0.46
Dividend27/04/200531/05/2005R$0.10
Interest on equity17/12/200428/02/2005R$0.20
Interest on equity21/09/200430/09/2004R$0.17
Dividend29/12/2017—R$0.17
Splits, share consolidations and bonus shares
EventLast day to ownRatio
Bonus shares30/04/201025.00% in shares

About Suzano

Sector
Materiais Básicos
Segment
Papel e Celulose
Listing segment
Novo Mercado
Tag along
100.00%
Free float
48.11%
Shares issued
1.26bn ordinary
Average daily trading
R$265.8m
Ibovespa weight
1.05%
Listed since
05/08/2004
CNPJ
16.404.287/0001-55

A Suzano S.A., listada na B3 sob o ticker SUZB3, é uma companhia brasileira de papel e celulose com origem empresarial em 1924. A empresa atua na produção de celulose de eucalipto, papéis e produtos de base florestal, com operações integradas no setor de materiais básicos. Os principais segmentos incluem celulose de mercado, papéis para diferentes aplicações e itens de higiene em mercados selecionados, além da gestão florestal necessária ao suprimento industrial. O modelo operacional combina base florestal própria, logística de exportação e unidades industriais de grande porte. No contexto competitivo, a Suzano disputa mercado com grandes produtores globais de celulose e papel, em especial na oferta de fibra curta de eucalipto. A companhia tem posição relevante em escala de produção e eficiência no segmento de celulose, em um setor sensível a ciclo de preços internacionais. A atuação geográfica da empresa inclui mercado doméstico e exportações para dezenas de países. Em escala operacional, a companhia reporta cerca de 37 mil empregados e presença comercial em mais de 80 países, com cadeia integrada entre florestas plantadas, fábricas e canais de distribuição.

Investor website
ShareholdersAs of 31/12/2026, from the Formulário de Referência filed with the CVM.
ShareholderOrdinaryPreferredTotal
Suzano Holding S.A.Controlling28.39%0.00%28.39%
DAVID FEFFERControlling4.28%0.00%4.28%
DANIEL FEFFERControlling3.84%0.00%3.84%
JORGE FEFFERControlling3.77%0.00%3.77%
RUBEN FEFFERControlling3.71%0.00%3.71%
Alden Fundo de Investimento em AçõesControlling2.15%0.00%2.15%
LISABETH S. SANDER0.46%0.00%0.46%
JANET GUPER0.36%0.00%0.36%
IAN BARUCH HORNETT GUPER0.29%0.00%0.29%
PEDRO NOAH HORNETT GUPER0.29%0.00%0.29%
GABRIEL PROVENZALE GUPER0.21%0.00%0.21%
RAFAEL PROVENZALE GUPER0.21%0.00%0.21%
BIANCA TERPINS GARCIA0.10%0.00%0.10%
DIEGO GUPER GERSGORIN0.02%0.00%0.02%
NINA GUPER SANDER0.01%0.00%0.01%
JULIA GUPER SANDER0.01%0.00%0.01%
Outros49.35%0.00%49.35%
Ações Tesouraria2.58%0.00%2.58%

Questions about SUZB3

How much is SUZB3 today?

SUZB3 is at R$44.20 (-0.38% on the day), last traded on 30/09/2026.

How much did SUZB3 pay in dividends in 2025?

SUZB3 paid R$2.02 per share in 2025, a dividend yield of 3.92%.

When is the next SUZB3 dividend?

The next announced payment is R$0.00 per share on 31/12/2026.

What are the P/E and P/B of SUZB3?

SUZB3 trades at a P/E of 6.84 and a P/B of 1.12.

How much did SUZB3 return in 12 months?

SUZB3 returned -7.62% in 12 months, with annualised volatility of 32.20% and a largest drawdown of -31.46%.

What sector is SUZB3 in?

Suzano is in the Materiais Básicos sector, Papel e Celulose segment.