B3 · BRL
BRAP3
Bradespar S.A.
- Day's range
- R$17.85 – R$18.08
- Day's volume
- R$1.5M
- 52-week range
- R$15.45 – R$22.11
Follow BRAP3 in the Fuolio
See how BRAP3 weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountBRAP3 in numbers
- Market cap
- R$7.6B
- P/E
- 12.09
- P/B
- 0.88
- Dividend yield (12m)
- 11.92%
- Net debt/EBITDA
- -0.48
The 12-month dividend yield of BRAP3 is 11.92%, below its 5-year average of 19.18%.
BRAP3 price history
BRAP3 risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +19.44% | +24.58% | +63.87% |
| Volatility (annualized) | 23.56% | 20.30% | 25.22% |
| Largest drawdown | -16.18% | -26.40% | -31.67% |
| Positive months | 6/12 | 16/36 | 27/60 |
How much did investing in BRAP3 return?
R$1,000.00 invested on 09/01/2021 would be worth R$1,576.23 today.
- Value today in BRAP3
- R$1,576.23
- Return over the period
- +57.62%
- Return per year
- +9.53%
- 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.
BRAP3 fundamentals
Valuation
- P/E12.09
- P/B0.88
- EV/EBITDA14.04
- EV/EBIT14.04
- EV/Revenue—
- P/EBIT14.53
- P/S—
- P/OCF9.72
- P/FCF9.72
- Earnings yield7.12%
- PEG ratio—
- Earnings per shareR$1.49
- Book value per shareR$20.48
Debt
- Net debt-R$254.5M
- Net debt/EBITDA-0.48
- Net debt/Equity-0.03
- Debt/Equity0.00
- Current ratio5.69
- Quick ratio5.69
- Cash ratio5.68
Efficiency
- Gross margin—
- EBITDA margin—
- Operating margin—
- Net margin—
- Asset turnover0.00
Profitability
- ROE7.26%
- ROA7.22%
- ROIC6.75%
- Payout144.13%
Growth
- Revenue CAGR (5 years)—
- Earnings CAGR (5 years)-35.07%
- Revenue growth (year)—
- Earnings growth (year)-54.12%
- Revenue growth (quarter)—
- Earnings growth (quarter)-45.99%
What is BRAP3's fair price?
Two classic value formulas, with today's numbers. The current price is R$17.98.
- Graham's fair price
- R$26.17
- 45.57% above the price
√(22.50 × R$1.49 × R$20.48)
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$67.41
- 274.89% above the price
R$4.04 (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.
BRAP3's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 12.83 | 5.20 | 4.84 | 2.70 | 1.06 | 6.86 | -15.41 | 4.32 |
| P/B | 0.92 | 0.73 | 1.17 | 1.34 | 1.14 | 0.89 | 0.65 | 0.52 |
| EV/EBITDA | 14.83 | 5.21 | 4.88 | 2.64 | 1.03 | 6.84 | — | 4.14 |
| Dividend yield | 13.25% | 12.01% | 12.43% | 11.02% | 47.18% | 9.96% | 7.12% | 15.55% |
| Earnings per share | R$1.39 | R$3.03 | R$4.82 | R$9.48 | R$20.55 | R$4.22 | -R$1.16 | R$3.42 |
| Book value per share | R$19.46 | R$21.58 | R$19.93 | R$19.02 | R$19.09 | R$32.34 | R$27.47 | R$28.62 |
| ROE | 7.15% | 14.05% | 24.21% | 49.86% | 107.68% | 13.03% | -4.22% | 11.95% |
| ROIC | 6.19% | 13.84% | 24.10% | 51.59% | 111.23% | 13.05% | -4.24% | 12.36% |
| Net debt/EBITDA | -0.04 | -0.25 | -0.13 | -0.11 | -0.04 | -0.04 | — | -0.03 |
BRAP3's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | R$0 | R$0 | R$0 | R$0 | R$0 | R$0 |
| Cost of revenue | R$0 | R$0 | R$0 | R$0 | R$0 | R$0 |
| Gross profit | R$0 | R$0 | R$0 | R$0 | R$0 | R$0 |
| EBITDA | R$471.9M | R$1.1B | R$1.8B | R$3.6B | R$8B | R$1.5B |
| EBIT | R$471.9M | R$1.1B | R$1.8B | R$3.6B | R$8B | R$1.5B |
| Financial result | R$75.1M | R$57.6M | R$67.8M | R$81.3M | R$62M | R$6.5M |
| Income before tax | R$547M | R$1.2B | R$1.9B | R$3.7B | R$8.1B | R$1.5B |
| Income tax | R$0 | R$0 | R$0 | R$0 | R$0 | R$0 |
| Net income | R$547M | R$1.2B | R$1.9B | R$3.7B | R$8.1B | R$1.5B |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
BRAP3 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 |
|---|---|---|---|---|---|
| BRAP3Bradespar | 12.09 | 0.88 | 11.92% | 7.26% | R$7.6B |
| ITUB4ITAU UNIBANCO HOLDING S.A. | 10.43 | 2.24 | 7.15% | 21.50% | R$511.8B |
| ITUB3ITAU UNIBANCO HOLDING S.A. | 11.41 | 2.45 | 6.53% | 21.50% | R$511.8B |
| BPAC3BCO BTG PACTUAL S.A. | 15.68 | 3.48 | 1.91% | 22.20% | R$271.9B |
| BPAC5BCO BTG PACTUAL S.A. | 13.14 | 2.92 | 2.28% | 22.20% | R$271.9B |
| BBDC4BCO BRADESCO S.A. | 7.92 | 1.08 | 6.80% | 13.66% | R$183.9B |
| BBDC3BCO BRADESCO S.A. | 6.94 | 0.95 | 7.05% | 13.66% | R$183.9B |
Does BRAP3 pay dividends?
Dividend yield per year
- 4.80%2017
- 15.55%2018
- 7.12%2019
- 9.96%2020
- 47.18%2021
- 11.02%2022
- 12.43%2023
- 12.01%2024
- 13.25%2025
- 4.48%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 12/17/2025 | 03/13/2026 | R$0.19 |
| Interest on equity | 12/17/2025 | 03/13/2026 | R$0.61 |
| Dividend | 12/17/2025 | 12/30/2025 | R$0.60 |
| Interest on equity | 11/12/2025 | 11/24/2025 | R$0.74 |
| Dividend | 04/25/2025 | 05/15/2025 | R$0.84 |
| Interest on equity | 12/19/2024 | 05/15/2025 | R$0.19 |
| Interest on equity | 11/12/2024 | 11/21/2024 | R$0.82 |
| Dividend | 04/29/2024 | 05/15/2024 | R$0.33 |
| Dividend | 04/29/2024 | 05/15/2024 | R$0.74 |
| Interest on equity | 11/21/2023 | 12/04/2023 | R$1.07 |
| Dividend | 11/21/2023 | 12/04/2023 | R$0.55 |
| Dividend | 04/27/2023 | 05/15/2023 | R$1.12 |
See all 70 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Interest on equity | 12/26/2022 | 05/15/2023 | R$0.16 |
| Dividend | 11/09/2022 | 11/21/2022 | R$0.74 |
| Interest on equity | 11/09/2022 | 11/21/2022 | R$0.64 |
| Dividend | 04/29/2022 | 05/10/2022 | R$1.43 |
| Dividend | 12/16/2021 | 12/29/2021 | R$5.49 |
| Dividend | 07/15/2021 | 07/26/2021 | R$1.62 |
| Dividend | 03/31/2021 | 05/12/2021 | R$2.47 |
| Interest on equity | 03/31/2021 | 05/12/2021 | R$0.66 |
| Interest on equity | 11/11/2020 | 11/19/2020 | R$0.78 |
| Dividend | 11/11/2020 | 11/19/2020 | R$1.04 |
| Interest on equity | 12/27/2019 | 08/20/2020 | R$0.73 |
| Interest on equity | 04/30/2019 | 05/15/2019 | R$0.42 |
| Dividend | 04/30/2019 | 05/15/2019 | R$0.12 |
| Interest on equity | 12/28/2018 | 01/31/2019 | R$0.59 |
| Dividend | 04/27/2018 | 05/15/2018 | R$1.17 |
| Interest on equity | 12/22/2017 | 03/30/2018 | R$0.87 |
| Dividend | 04/27/2017 | 05/31/2017 | R$0.43 |
| Interest on equity | 12/22/2016 | 01/09/2017 | R$0.10 |
| Interest on equity | 10/30/2015 | 11/13/2015 | R$0.37 |
| Dividend | 04/24/2015 | 05/14/2015 | R$0.22 |
| Interest on equity | 04/24/2015 | 05/14/2015 | R$0.35 |
| Dividend | 10/31/2014 | 11/14/2014 | R$0.31 |
| Interest on equity | 10/31/2014 | 11/13/2014 | R$0.50 |
| Interest on equity | 04/28/2014 | 05/15/2014 | R$0.33 |
| Dividend | 04/28/2014 | 05/15/2014 | R$0.42 |
| Dividend | 10/31/2013 | 11/14/2013 | R$0.10 |
| Interest on equity | 10/31/2013 | 11/14/2013 | R$0.55 |
| Interest on equity | 04/29/2013 | 05/15/2013 | R$0.35 |
| Dividend | 04/29/2013 | 05/15/2013 | R$0.24 |
| Interest on equity | 10/31/2012 | 11/14/2012 | R$0.59 |
| Dividend | 04/27/2012 | 05/15/2012 | R$0.64 |
| Interest on equity | 04/27/2012 | 05/15/2012 | R$0.17 |
| Dividend | 10/31/2011 | 11/14/2011 | R$0.00 |
| Interest on equity | 10/31/2011 | 11/14/2011 | R$0.68 |
| Interest on equity | 04/28/2011 | 05/13/2011 | R$0.18 |
| Dividend | 04/28/2011 | 05/13/2011 | R$0.69 |
| Dividend | 10/29/2010 | 11/12/2010 | R$0.03 |
| Interest on equity | 10/29/2010 | 11/12/2010 | R$0.43 |
| Dividend | 04/30/2010 | 05/14/2010 | R$0.21 |
| Interest on equity | 04/30/2010 | 05/14/2010 | R$0.26 |
| Interest on equity | 10/30/2009 | 11/13/2009 | R$0.34 |
| Dividend | 10/30/2009 | 11/13/2009 | R$0.12 |
| Dividend | 04/30/2009 | 05/15/2009 | R$0.14 |
| Interest on equity | 04/30/2009 | 05/15/2009 | R$0.44 |
| Interest on equity | 10/31/2008 | 11/14/2008 | R$0.18 |
| Dividend | 10/31/2008 | 11/14/2008 | R$0.39 |
| Interest on equity | 04/30/2008 | 05/15/2008 | R$0.46 |
| Dividend | 10/31/2007 | 11/14/2007 | R$0.11 |
| Interest on equity | 10/31/2007 | 11/14/2007 | R$0.22 |
| Dividend | 04/30/2007 | 05/15/2007 | R$0.31 |
| Interest on equity | 04/30/2007 | 05/15/2007 | R$0.46 |
| Interest on equity | 12/21/2006 | 01/08/2007 | R$1.29 |
| Interest on equity | 10/30/2006 | 11/13/2006 | R$0.92 |
| Interest on equity | 04/28/2006 | 05/15/2006 | R$1.37 |
| Interest on equity | 10/10/2005 | 11/11/2005 | R$1.07 |
| Interest on equity | 01/06/2005 | 01/24/2005 | R$1.72 |
| Dividend | 04/30/2001 | 05/30/2001 | R$0.02 |
| Dividend | 04/27/2012 | — | R$0.28 |
| Event | Last day to own | Ratio |
|---|---|---|
| Bonus shares | 09/20/2021 | 13.00% in shares |
| Split | 10/16/2007 | 2 for 1 |
| Split | 01/09/2007 | 2 for 1 |
| Split | 04/29/2005 | 2 for 1 |
| Reverse split | 07/05/2004 | 1 for 50 |
| Reverse split | 07/02/2004 | 0.00002 for 1 |
About Bradespar
- Sector
- Materiais Básicos
- Segment
- Minerais Metálicos
- Listing segment
- Level 1
- Tag along
- 80.00%
- Free float
- 71.54%
- Shares issued
- 137.99M common · 255.11M preferred
- Average daily trading
- R$703.7K
- Listed since
- 08/10/2000
- CNPJ
- 03.847.461/0001-92
A Bradespar S.A. é uma holding de participações criada a partir da reorganização societária do Bradesco para concentrar investimentos em empresas não financeiras. Atualmente, seu principal ativo econômico é a participação acionária na Vale, o que faz com que o desempenho da companhia esteja fortemente correlacionado à geração de caixa, dividendos e preço de mercado da mineradora. Embora classificada no segmento de minerais metálicos pela exposição ao ativo investido, a Bradespar não opera minas diretamente nem possui atividade industrial própria de grande escala. Seu resultado é composto sobretudo por equivalência patrimonial, dividendos recebidos e gestão de estrutura de capital. Na B3, negocia ações ordinárias sob o ticker BRAP3, sendo um veículo de exposição indireta ao ciclo global de minério de ferro e metais.
Investor website| Shareholder | Common | Preferred | Total |
|---|---|---|---|
| Cidade de Deus Cia. Cial. de ParticipaçõesControlling | 36.74% | 0.13% | 12.98% |
| NCF Participações S.A.Controlling | 24.87% | 0.99% | 9.37% |
| Grantham, Mayo, Van Otterloo & Co LLC | 0.00% | 9.84% | 6.39% |
| Fundação BradescoControlling | 14.88% | 0.00% | 5.22% |
| BlackRock, Inc. | 0.00% | 5.27% | 3.42% |
| Fundo de Investimento Geração Futuro LPAR | 0.00% | 5.12% | 3.33% |
| Nova Cidade de Deus Participações S.A.Controlling | 1.37% | 0.00% | 0.48% |
| Outros | 22.14% | 78.64% | 58.81% |
Questions about BRAP3
How much is BRAP3 today?
BRAP3 is at R$17.98 (0.84% on the day), last traded on 09/30/2026.
How much did BRAP3 pay in dividends in 2025?
BRAP3 paid R$2.36 per share in 2025, a dividend yield of 13.25%.
What are the P/E and P/B of BRAP3?
BRAP3 trades at a P/E of 12.09 and a P/B of 0.88.
How much did BRAP3 return in 12 months?
BRAP3 returned 19.44% in 12 months, with annualized volatility of 23.56% and a largest drawdown of -16.18%.
What sector is BRAP3 in?
Bradespar is in the Materiais Básicos sector, Minerais Metálicos segment.