B3 · BRL
CALI3
Construtora Adolpho Lindenberg SA
- Day's range
- R$32.99 – R$32.99
- Day's volume
- R$66K
- 52-week range
- R$15.25 – R$32.99
Follow CALI3 in the Fuolio
See how CALI3 weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountCALI3 in numbers
- Market cap
- R$230.6M
- P/E
- 4.73
- P/B
- 1.06
- Dividend yield (12m)
- 2.74%
- Net debt/EBITDA
- 1.74
The 12-month dividend yield of CALI3 is 2.74%, below its 5-year average of 6.51%.
CALI3 price history
CALI3 risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +114.79% | +78.04% | +212.56% |
| Volatility (annualized) | 37.98% | 42.95% | 60.96% |
| Largest drawdown | -5.51% | -43.75% | -51.13% |
| Positive months | 7/12 | 11/36 | 23/60 |
How much did investing in CALI3 return?
R$1,000.00 invested on 12/01/2021 would be worth R$3,125.58 today.
- Value today in CALI3
- R$3,125.58
- Return over the period
- +212.56%
- Return per year
- +26.05%
- In the Ibovespa
- R$1,579.14
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
CALI3 fundamentals
Valuation
- P/E4.73
- P/B1.06
- EV/EBITDA4.82
- EV/EBIT5.00
- EV/Revenue0.84
- P/EBIT3.20
- P/S0.54
- P/OCF-1.86
- P/FCF-2.74
- Earnings yield20.00%
- PEG ratio0.03
- Earnings per shareR$6.98
- Book value per shareR$31.05
Debt
- Net debtR$130.1M
- Net debt/EBITDA1.74
- Net debt/Equity0.32
- Debt/Equity0.73
- Current ratio6.29
- Quick ratio2.54
- Cash ratio1.42
Efficiency
- Gross margin30.13%
- EBITDA margin17.39%
- Operating margin16.76%
- Net margin13.08%
- Asset turnover0.41
Profitability
- ROE22.47%
- ROA5.37%
- ROIC11.24%
- Payout12.95%
Growth
- Revenue CAGR (5 years)46.61%
- Earnings CAGR (5 years)78.52%
- Revenue growth (year)386.52%
- Earnings growth (year)234.55%
- Revenue growth (quarter)178.38%
- Earnings growth (quarter)135.55%
What is CALI3's fair price?
Two classic value formulas, with today's numbers. The current price is R$32.99.
- Graham's fair price
- R$69.82
- 111.63% above the price
√(22.50 × R$6.98 × R$31.05)
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$11.65
- 64.69% below the price
R$0.70 (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.
CALI3'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 | 4.22 | 21.98 | 7.69 | 4.39 | 3.06 | 11.76 | -0.93 | 9.14 |
| P/B | 0.40 | 4.71 | 2.40 | 1.30 | 2.49 | 6.92 | 16.81 | 0.88 |
| EV/EBITDA | 4.36 | 11.49 | 6.16 | 5.74 | 5.91 | 11.48 | — | 11.00 |
| Dividend yield | 1.68% | 2.47% | 2.23% | 26.15% | 0.00% | 0.00% | 0.00% | 11.97% |
| Earnings per share | R$3.81 | R$1.14 | R$2.60 | R$1.88 | R$20.07 | R$5.22 | -R$66.29 | R$6.72 |
| Book value per share | R$40.57 | R$5.31 | R$8.34 | R$6.36 | R$24.62 | R$8.87 | R$3.65 | R$69.94 |
| ROE | 9.38% | 21.43% | 31.19% | 29.60% | 81.51% | 58.84% | -1,815.01% | 9.61% |
| ROIC | 11.09% | 15.61% | 19.94% | 14.99% | 17.20% | 10.34% | -1,296.37% | 7.86% |
| Gross margin | 27.16% | 26.78% | 34.24% | 23.54% | 35.13% | 18.39% | -72.89% | -0.51% |
| EBITDA margin | 16.10% | 27.58% | 18.92% | 12.04% | 19.21% | 13.63% | -621.86% | 29.94% |
| Net margin | 7.27% | 10.58% | 10.11% | 4.69% | 10.23% | 6.47% | -605.15% | 36.69% |
| Net debt/EBITDA | 2.46 | 3.06 | 2.05 | 4.02 | 4.28 | 5.90 | — | -0.20 |
CALI3's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | R$365.6M | R$75.1M | R$95.7M | R$149.2M | R$73M | R$30M |
| Cost of revenue | -R$266.3M | -R$55M | -R$62.9M | -R$114.1M | -R$47.4M | -R$24.5M |
| Gross profit | R$99.3M | R$20.1M | R$32.8M | R$35.1M | R$25.6M | R$5.5M |
| EBITDA | R$58.9M | R$20.7M | R$18.1M | R$18M | R$14M | R$4.1M |
| EBIT | R$56.4M | R$18.6M | R$17.4M | R$17.6M | R$13.8M | R$3.8M |
| Financial result | -R$1.9M | -R$9.2M | -R$5M | -R$9M | -R$5.1M | -R$1.2M |
| Income before tax | R$54.5M | R$9.4M | R$12.4M | R$8.6M | R$8.6M | R$2.6M |
| Income tax | -R$8.6M | -R$1.5M | -R$2.7M | -R$1.6M | -R$1.2M | -R$676K |
| Net income | R$26.6M | R$8M | R$9.7M | R$7M | R$7.5M | R$1.9M |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
CALI3 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 |
|---|---|---|---|---|---|
| CALI3Construtora Adolpho Lindenberg | 4.73 | 1.06 | 2.74% | 22.47% | R$230.6M |
| TAEE4TRANSMISSORA ALIANÇA DE ENERGIA ELÉTRICA S.A. | 8.39 | 1.69 | 7.60% | 20.14% | R$13.6B |
| TAEE3TRANSMISSORA ALIANÇA DE ENERGIA ELÉTRICA S.A. | 8.18 | 1.65 | 7.79% | 20.14% | R$13.6B |
| LOGG3LOG COMMERCIAL PROPERTIES | 4.73 | 0.50 | 34.15% | 10.63% | R$1.8B |
| PRNR3PRINER SERVIÇOS INDUSTRIAIS S.A. | 16.36 | 1.50 | 0.00% | 9.17% | R$717.3M |
| MELK3MELNICK DESENVOLVIMENTO IMOBILIÁRIO S.A. | 4.07 | 0.44 | 17.81% | 10.91% | R$455.1M |
| AZEV4AZEVEDO E TRAVASSOS S.A. | -0.11 | 0.18 | 0.00% | -160.82% | R$423.2M |
Does CALI3 pay dividends?
Dividend yield per year
- 7.82%2017
- 11.97%2018
- 0.00%2019
- 0.00%2020
- 0.00%2021
- 26.15%2022
- 2.23%2023
- 2.47%2024
- 1.68%2025
- 2.74%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 04/17/2026 | 06/30/2026 | R$0.90 |
| Dividend | 04/24/2025 | 06/25/2025 | R$0.27 |
| Dividend | 04/15/2024 | 05/23/2024 | R$0.62 |
| Dividend | 04/24/2023 | 06/13/2023 | R$0.45 |
| Dividend | 04/04/2022 | 04/26/2022 | R$2.16 |
| Dividend | 04/23/2018 | 05/30/2018 | R$1.47 |
| Dividend | 03/22/2017 | 05/19/2017 | R$1.23 |
| Dividend | 03/22/2016 | 04/04/2016 | R$4.65 |
| Dividend | 04/30/2014 | 05/09/2014 | R$3.90 |
| Dividend | 05/29/2015 | — | R$2.66 |
| Dividend | 03/31/2015 | — | R$2.66 |
| Dividend | 04/30/2007 | — | R$4.23 |
See all 14 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 06/18/1996 | — | R$0.50 |
| Dividend | 06/18/1996 | — | R$0.21 |
| Event | Last day to own | Ratio |
|---|---|---|
| Split | 06/03/2022 | 5 for 1 |
| Reverse split | 06/03/2005 | 1 for 1000 |
| Bonus shares | 06/06/1986 | 900.00% in shares |
| Bonus shares | 05/14/1986 | 900.00% in shares |
About Construtora Adolpho Lindenberg
- Sector
- Construção e Imobiliário
- Segment
- Incorporações
- Listing segment
- Traditional
- Tag along
- 80.00%
- Free float
- 6.42%
- Shares issued
- 6.99M common
- Average daily trading
- R$30.8K
- Listed since
- 07/20/1977
- CNPJ
- 61.022.042/0001-18
A Construtora Adolpho Lindenberg S.A. atua no desenvolvimento, incorporação e construção de empreendimentos imobiliários, com foco histórico em projetos residenciais e comerciais de médio e alto padrão na cidade de São Paulo e em regiões selecionadas. A empresa participa de etapas de aquisição de terrenos, estruturação imobiliária, execução de obras e comercialização de unidades, além de parcerias com outros agentes do setor. No segmento de incorporações, a companhia é reconhecida por atuação de longo prazo em nichos de padrão elevado e por projetos com arquitetura de linguagem clássica em parte do portfólio. O desempenho financeiro depende de ciclos de lançamentos, velocidade de vendas, custo de construção e condições de crédito imobiliário no Brasil. Na B3, as ações ordinárias da empresa são negociadas sob o ticker CALI3.
Investor website| Shareholder | Common | Preferred | Total |
|---|---|---|---|
| EZTEC Empreendimentos e Participações S.A.Controlling | 46.76% | 0.00% | 46.76% |
| Lindenberg Investimentos Ltda.Controlling | 46.76% | 0.00% | 46.76% |
| MARCOS RIBEIRO SIMON | 3.24% | 0.00% | 3.24% |
| JOSE OSWALDO MORALES JUNIOR | 1.66% | 0.00% | 1.66% |
| HELENICE HONORIO MORALES | 0.60% | 0.00% | 0.60% |
| Outros | 0.99% | 0.00% | 0.99% |
Questions about CALI3
How much is CALI3 today?
CALI3 is at R$32.99 (4.73% on the day), last traded on 11/04/2026.
How much did CALI3 pay in dividends in 2025?
CALI3 paid R$0.27 per share in 2025, a dividend yield of 1.68%.
What are the P/E and P/B of CALI3?
CALI3 trades at a P/E of 4.73 and a P/B of 1.06.
How much did CALI3 return in 12 months?
CALI3 returned 114.79% in 12 months, with annualized volatility of 37.98% and a largest drawdown of -5.51%.
What sector is CALI3 in?
Construtora Adolpho Lindenberg is in the Construção e Imobiliário sector, Incorporações segment.