B3 · BRL

ARML3

Armac Locacao Logistica e Servicos SA

R$4.31+9.39% (R$0.37)
Day's range
R$4.01 – R$4.44
Day's volume
R$4.9M
52-week range
R$2.66 – R$6.30

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ARML3 in numbers

Market cap
R$1.5B
P/E
24.10
P/B
1.09
Dividend yield (12m)
12.42%
Net debt/EBITDA
2.99

The 12-month dividend yield of ARML3 is 12.42%, above its 5-year average of 2.44%.

ARML3 price history

10/01/202509/30/2026
Compare with

ARML3 risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return+26.07%-57.37%-72.95%
Volatility (annualized)65.87%55.97%56.95%
Largest drawdown-50.17%-79.31%-86.25%
Positive months6/1214/3625/60

How much did investing in ARML3 return?

R$1,000.00 invested on 10/01/2021 would be worth R$270.47 today.

Value today in ARML3
R$270.47
Return over the period
-72.95%
Return per year
-23.03%
In the Ibovespa
R$1,777.43

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

ARML3 fundamentals

Valuation

  • P/E
    24.10
  • P/B
    1.09
  • EV/EBITDA
    4.85
  • EV/EBIT
    7.95
  • EV/Revenue
    1.95
  • P/EBIT
    3.05
  • P/S
    0.75
  • P/OCF
    20.38
  • P/FCF
    -2.39
  • Earnings yield
    12.58%
  • PEG ratio
    —
  • Earnings per share
    R$0.18
  • Book value per share
    R$3.97

Debt

  • Net debt
    R$2.4B
  • Net debt/EBITDA
    2.99
  • Net debt/Equity
    1.54
  • Debt/Equity
    2.12
  • Current ratio
    1.89
  • Quick ratio
    1.80
  • Cash ratio
    0.87

Efficiency

  • Gross margin
    31.83%
  • EBITDA margin
    40.22%
  • Operating margin
    24.55%
  • Net margin
    4.46%
  • Asset turnover
    0.34

Profitability

  • ROE
    4.51%
  • ROA
    1.50%
  • ROIC
    12.38%
  • Payout
    299.28%

Growth

  • Revenue CAGR (5 years)
    —
  • Earnings CAGR (5 years)
    —
  • Revenue growth (year)
    6.90%
  • Earnings growth (year)
    -60.59%
  • Revenue growth (quarter)
    7.06%
  • Earnings growth (quarter)
    -15.50%

What is ARML3's fair price?

Two classic value formulas, with today's numbers. The current price is R$4.31.

Graham's fair price
R$4.00
7.29% below the price

√(22.50 × R$0.18 × R$3.97)

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$3.43
20.44% below the price

R$0.21 (5-year average) ÷ 6%

Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.

Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.

ARML3's indicators by year

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

Indicator2025202420232022202120202019
P/E23.1410.2436.1827.36159.35——
P/B1.171.334.803.518.32——
EV/EBITDA5.094.9311.4211.5151.59——
Dividend yield1.68%6.14%1.70%2.45%0.25%——
Earnings per shareR$0.19R$0.49R$0.47R$0.43R$0.17R$0.05R$0.03
Book value per shareR$3.84R$3.78R$3.55R$3.35R$3.22R$0.25R$0.07
ROE5.04%12.98%13.28%12.83%5.22%20.61%39.66%
ROIC13.41%12.92%14.17%12.01%6.19%9.41%15.40%
Gross margin33.97%40.47%46.06%47.03%48.20%45.15%43.82%
EBITDA margin35.12%41.14%47.08%48.07%47.22%50.27%48.24%
Net margin3.55%9.64%12.00%15.61%14.90%15.75%14.93%
Net debt/EBITDA2.752.532.202.631.323.902.23

ARML3's financial statements

Line202520242023202220212020
Net revenueR$1.9BR$1.8BR$1.4BR$951.8MR$389.8MR$111.3M
Cost of revenue-R$1.2B-R$1.1B-R$734.1M-R$504.1M-R$201.9M-R$61M
Gross profitR$641.2MR$714.6MR$626.8MR$447.6MR$187.9MR$50.3M
EBITDAR$662.9MR$726.5MR$640.7MR$457.5MR$184.1MR$56M
EBITR$422.5MR$523.1MR$455.1MR$320.3MR$129.4MR$39.8M
Financial result-R$375.9M-R$297.2M-R$256.3M-R$152.3M-R$39.9M-R$15.3M
Income before taxR$46.6MR$225.8MR$198.8MR$168MR$89.6MR$24.5M
Income taxR$27.1M-R$50.2M-R$35.6M-R$19.4M-R$31.5M-R$6.9M
Net incomeR$67.1MR$170.2MR$163.3MR$148.6MR$58.1MR$17.5M

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

ARML3 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
ARML3Armac Locação. Logística E Serviços24.101.0912.42%4.51%R$1.5B
ITUB4ITAU UNIBANCO HOLDING S.A.10.432.247.15%21.50%R$511.8B
ITUB3ITAU UNIBANCO HOLDING S.A.11.412.456.53%21.50%R$511.8B
BPAC3BCO BTG PACTUAL S.A.15.683.481.91%22.20%R$271.9B
BPAC5BCO BTG PACTUAL S.A.13.142.922.28%22.20%R$271.9B
BBDC4BCO BRADESCO S.A.7.921.086.80%13.66%R$183.9B
BBDC3BCO BRADESCO S.A.6.940.957.05%13.66%R$183.9B

Does ARML3 pay dividends?

Announced payments
TypeLast day to ownPaymentPer share
Interest on equity01/08/202612/30/2026R$0.10
Dividend01/08/202612/30/2026R$0.30

Dividend yield per year

  • 0.25%2021
  • 2.45%2022
  • 1.70%2023
  • 6.14%2024
  • 1.68%2025
  • 3.16%2026
Payment history
TypeLast day to ownPaymentPer share
Interest on equity04/15/202604/30/2026R$0.07
Interest on equity04/15/202504/30/2026R$0.07
Interest on equity10/04/202406/09/2025R$0.08
Interest on equity07/03/202407/25/2024R$0.07
Dividend07/03/202407/25/2024R$0.10
Interest on equity04/02/202404/19/2024R$0.07
Interest on equity12/28/202304/19/2024R$0.07
Interest on equity10/02/202310/20/2023R$0.05
Interest on equity07/05/202310/20/2023R$0.09
Interest on equity04/03/202310/20/2023R$0.03
Dividend12/28/202202/23/2023R$0.05
Interest on equity12/28/202202/23/2023R$0.07
See all 21 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Dividend09/27/202210/20/2022R$0.04
Interest on equity09/27/202210/20/2022R$0.06
Dividend06/30/202207/22/2022R$0.03
Interest on equity06/30/202207/22/2022R$0.04
Interest on equity05/03/202205/26/2022R$0.04
Dividend05/05/202205/19/2022R$0.07
Dividend11/19/202111/30/2021R$0.07
Interest on equity10/14/2025—R$0.06
Interest on equity08/19/2025—R$0.08

About Armac Locação. Logística E Serviços

Sector
Bens Industriais
Segment
Máq. e Equip. Industriais
Listing segment
Novo Mercado
Tag along
100.00%
Free float
48.57%
Shares issued
346.49M common
Average daily trading
R$3.8M
Listed since
07/28/2021
CNPJ
00.242.184/0001-04

A Armac Locação, Logística e Serviços S.A. atua na locação de máquinas e equipamentos de linha amarela, caminhões e serviços operacionais para setores como mineração, agronegócio, infraestrutura, logística e indústria. O modelo de negócio combina locação de ativos com operação, manutenção e gestão de frota em contratos de média e longa duração. A companhia também comercializa equipamentos seminovos e presta serviços técnicos associados ao ciclo de vida dos ativos. A empresa é listada na B3 sob o ticker ARML3 e concentra sua atuação no mercado brasileiro. Sua receita está ligada à utilização da frota própria e à execução de serviços em campo, com presença em operações de alta intensidade de capital e demanda recorrente por disponibilidade mecânica. Nos últimos ciclos, a companhia ampliou o escopo para projetos de infraestrutura e terraplenagem, mantendo foco em eficiência operacional, renovação de frota e gestão de contratos corporativos.

Investor website
ShareholdersAs of 12/31/2026, from the Formulário de Referência filed with the CVM.
ShareholderCommonPreferredTotal
SPEED AB FUNDO DE INVESTIMENTO EM PARTICIPAÇÕES MULTIESTRATÉGIA17.28%0.00%17.28%
FERNANDO PEREIRA ARAGÃOControlling16.41%0.00%16.41%
JOSÉ AUGUSTO PEREIRA ARAGÃOControlling16.35%0.00%16.35%
JOSÉ AUGUSTO CARVALHO ARAGÃOControlling8.18%0.00%8.18%
LÚCIA ROSA PEREIRA ARAGÃOControlling8.18%0.00%8.18%
Opportunity Ações Fundo de Investimento em Ações - BDR Nível I - Investimento no Exterior5.83%0.00%5.83%
SPEED C FUNDO DE INVESTIMENTO EM PARTICIPAÇÕES MULTIESTRATÉGIA4.71%0.00%4.71%
FENIX FUNDO DE INVESTIMENTO FINANCEIRO EM ACOES RESP LIMITADA2.21%0.00%2.21%
Opportunity Lógica Master Fundo de Investimento em Ações1.85%0.00%1.85%
Opportunity Selection Master Fundo de Investimento em Ações0.14%0.00%0.14%
Outros18.75%0.00%18.75%
Ações Tesouraria0.11%0.00%0.11%

Questions about ARML3

How much is ARML3 today?

ARML3 is at R$4.31 (9.39% on the day), last traded on 09/30/2026.

How much did ARML3 pay in dividends in 2025?

ARML3 paid R$0.08 per share in 2025, a dividend yield of 1.68%.

When is the next ARML3 dividend?

The next announced payment is R$0.10 per share on 12/30/2026.

What are the P/E and P/B of ARML3?

ARML3 trades at a P/E of 24.10 and a P/B of 1.09.

How much did ARML3 return in 12 months?

ARML3 returned 26.07% in 12 months, with annualized volatility of 65.87% and a largest drawdown of -50.17%.

What sector is ARML3 in?

Armac Locação. Logística E Serviços is in the Bens Industriais sector, Máq. e Equip. Industriais segment.