B3 · BRL
ECOR3
EcoRodovias Infraestrutura e Logistica S.A.
- Day's range
- R$8.72 – R$9.03
- Day's volume
- R$112.1M
- 52-week range
- R$5.84 – R$12.38
Follow ECOR3 in the Fuolio
See how ECOR3 weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountECOR3 in numbers
- Market cap
- R$6.3B
- P/E
- 11.51
- P/B
- 1.53
- Dividend yield (12m)
- 3.35%
- Net debt/EBITDA
- 8.47
The 12-month dividend yield of ECOR3 is 3.35%, above its 5-year average of 1.71%.
ECOR3 price history
ECOR3 risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +17.55% | +45.00% | +24.52% |
| Volatility (annualized) | 53.41% | 48.64% | 47.66% |
| Largest drawdown | -39.17% | -53.77% | -53.77% |
| Positive months | 6/12 | 19/36 | 33/60 |
How much did investing in ECOR3 return?
R$1,000.00 invested on 09/01/2021 would be worth R$1,123.07 today.
- Value today in ECOR3
- R$1,123.07
- Return over the period
- +12.31%
- Return per year
- +2.35%
- 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.
ECOR3 fundamentals
Valuation
- P/E11.51
- P/B1.53
- EV/EBITDA9.56
- EV/EBIT13.29
- EV/Revenue4.63
- P/EBIT1.52
- P/S0.53
- P/OCF1.19
- P/FCF-5.45
- Earnings yield7.52%
- PEG ratio—
- Earnings per shareR$0.78
- Book value per shareR$5.91
Debt
- Net debtR$48.8B
- Net debt/EBITDA8.47
- Net debt/Equity11.10
- Debt/Equity12.26
- Current ratio2.53
- Quick ratio2.53
- Cash ratio2.06
Efficiency
- Gross margin36.37%
- EBITDA margin48.50%
- Operating margin34.87%
- Net margin4.36%
- Asset turnover0.30
Profitability
- ROE13.28%
- ROA1.31%
- ROIC3.05%
- Payout38.56%
Growth
- Revenue CAGR (5 years)22.99%
- Earnings CAGR (5 years)—
- Revenue growth (year)16.70%
- Earnings growth (year)-2.02%
- Revenue growth (quarter)13.50%
- Earnings growth (quarter)-27.69%
What is ECOR3's fair price?
Two classic value formulas, with today's numbers. The current price is R$9.03.
- Graham's fair price
- R$10.21
- 13.07% above the price
√(22.50 × R$0.78 × R$5.91)
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$1.98
- 78.05% below the price
R$0.12 (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.
ECOR3'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 | 8.33 | 3.27 | 11.52 | 12.61 | 13.76 | -17.40 | -48.50 | 13.82 |
| P/B | 1.69 | 0.80 | 2.20 | 1.23 | 2.20 | 131.32 | 19.75 | 8.08 |
| EV/EBITDA | 9.12 | 8.00 | 10.00 | 10.71 | 8.83 | 14.05 | 16.83 | 10.41 |
| Dividend yield | 2.91% | 4.59% | 0.89% | 0.17% | 0.00% | 0.00% | 0.00% | 7.79% |
| Earnings per share | R$1.27 | R$1.30 | R$0.82 | R$0.35 | R$0.53 | -R$0.76 | -R$0.33 | R$0.67 |
| Book value per share | R$6.28 | R$5.30 | R$4.29 | R$3.62 | R$3.35 | R$0.10 | R$0.82 | R$1.15 |
| ROE | 20.25% | 24.50% | 19.07% | 9.75% | 15.97% | -754.68% | -40.73% | 58.49% |
| ROIC | 4.28% | 5.08% | 4.02% | 3.29% | 5.15% | 0.00% | 0.00% | 5.33% |
| Gross margin | 38.76% | 39.59% | 36.80% | 31.79% | 39.55% | 41.08% | 38.05% | 43.84% |
| EBITDA margin | 48.95% | 45.65% | 40.48% | 35.04% | 48.56% | 35.32% | 34.49% | 51.05% |
| Net margin | 7.69% | 9.16% | 6.44% | 4.05% | 8.00% | -10.60% | -4.69% | 11.82% |
| Net debt/EBITDA | 7.81 | 7.35 | 8.16 | 9.25 | 6.56 | 8.83 | 10.23 | 7.21 |
ECOR3's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | R$11.5B | R$9.9B | R$8.8B | R$6.1B | R$4.7B | R$4B |
| Cost of revenue | -R$7.1B | -R$6B | -R$5.6B | -R$4.1B | -R$2.8B | -R$2.4B |
| Gross profit | R$4.5B | R$3.9B | R$3.3B | R$1.9B | R$1.8B | R$1.6B |
| EBITDA | R$5.6B | R$4.5B | R$3.6B | R$2.1B | R$2.3B | R$1.4B |
| EBIT | R$4.3B | R$3.5B | R$2.8B | R$1.5B | R$1.6B | R$865.7M |
| Financial result | -R$2.5B | -R$1.8B | -R$1.5B | -R$1B | -R$915.5M | -R$786.7M |
| Income before tax | R$1.8B | R$1.7B | R$1.3B | R$510.3M | R$652.5M | R$79.1M |
| Income tax | -R$925.7M | -R$806.8M | -R$684.1M | -R$268.9M | -R$285.2M | -R$497.1M |
| Net income | R$885.9M | R$904.1M | R$569.6M | R$245.7M | R$372M | -R$424M |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
ECOR3 against its sector
The same indicators for the company's other shares and the sector's largest stocks.
Does ECOR3 pay dividends?
Dividend yield per year
- 3.48%2017
- 7.79%2018
- 0.00%2019
- 0.00%2020
- 0.00%2021
- 0.17%2022
- 0.89%2023
- 4.59%2024
- 2.91%2025
- 3.35%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 05/12/2026 | 06/12/2026 | R$0.30 |
| Dividend | 08/04/2025 | 08/29/2025 | R$0.31 |
| Dividend | 05/13/2024 | 07/29/2024 | R$0.19 |
| Dividend | 11/14/2023 | 11/27/2023 | R$0.08 |
| Dividend | 12/05/2022 | 12/14/2022 | R$0.01 |
| Dividend | 11/05/2018 | 11/16/2018 | R$0.29 |
| Dividend | 11/05/2018 | 11/16/2018 | R$0.06 |
| Dividend | 04/30/2018 | 05/15/2018 | R$0.37 |
| Dividend | 11/01/2017 | 11/14/2017 | R$0.23 |
| Dividend | 03/29/2017 | 04/13/2017 | R$0.19 |
| Dividend | 11/09/2016 | 11/18/2016 | R$0.08 |
| Dividend | 11/09/2016 | 11/18/2016 | R$0.19 |
See all 26 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 05/14/2015 | 05/28/2015 | R$0.42 |
| Dividend | 11/24/2014 | 12/10/2014 | R$0.18 |
| Dividend | 11/24/2014 | 12/10/2014 | R$0.23 |
| Interest on equity | 03/25/2014 | 12/10/2014 | R$0.04 |
| Interest on equity | 11/24/2014 | 12/09/2014 | R$0.11 |
| Dividend | 04/29/2014 | 05/15/2014 | R$0.87 |
| Dividend | 11/11/2013 | 11/25/2013 | R$0.32 |
| Dividend | 05/28/2013 | 06/07/2013 | R$0.46 |
| Dividend | 11/12/2012 | 11/26/2012 | R$0.26 |
| Dividend | 11/08/2011 | 11/18/2011 | R$0.25 |
| Interest on equity | 12/08/2010 | 12/20/2010 | R$0.02 |
| Dividend | 12/08/2010 | 12/20/2010 | R$0.21 |
| Dividend | 03/16/2012 | — | R$0.09 |
| Dividend | 04/26/2011 | — | R$0.26 |
About Ecorodovias Infraestrutura E Logística
- Sector
- Infraestrutura
- Segment
- Exploração de Rodovias
- Listing segment
- Novo Mercado
- Tag along
- 100.00%
- Free float
- 47.24%
- Shares issued
- 696.33M common
- Average daily trading
- R$49.4M
- Listed since
- 04/01/2010
- CNPJ
- 04.149.454/0001-80
A EcoRodovias Infraestrutura e Logística S.A., listada na B3 sob o ticker ECOR3, é uma empresa brasileira de infraestrutura de transporte fundada em 2003. A companhia atua principalmente na concessão e operação de corredores rodoviários no Brasil. Seus negócios incluem administração de rodovias pedagiadas, operação de serviços aos usuários, engenharia de manutenção e expansão de capacidade. O grupo também manteve ou desenvolveu participações em ativos logísticos e operações complementares ligadas ao transporte. No segmento de concessões, a EcoRodovias compete com outros grandes operadores privados em leilões federais e estaduais, com contratos de longo prazo e metas reguladas de investimento e desempenho. A empresa é uma das plataformas relevantes do mercado brasileiro de rodovias concedidas. A companhia tem sede no estado de São Paulo e operações distribuídas em diferentes corredores de alto fluxo de cargas e passageiros. Sua escala soma milhares de quilômetros sob concessão e estrutura operacional com milhares de empregados diretos.
Investor website| Shareholder | Common | Preferred | Total |
|---|---|---|---|
| Igli do Brasil Participações LtdaControlling | 46.19% | 0.00% | 46.19% |
| IGLI S.p.AControlling | 6.46% | 0.00% | 6.46% |
| ANTIPODES PARTNERS HOLDINGS PTY LIMITED | 5.53% | 0.00% | 5.53% |
| Outros | 41.72% | 0.00% | 41.72% |
| Ações Tesouraria | 0.10% | 0.00% | 0.10% |
Questions about ECOR3
How much is ECOR3 today?
ECOR3 is at R$9.03 (4.15% on the day), last traded on 09/30/2026.
How much did ECOR3 pay in dividends in 2025?
ECOR3 paid R$0.31 per share in 2025, a dividend yield of 2.91%.
What are the P/E and P/B of ECOR3?
ECOR3 trades at a P/E of 11.51 and a P/B of 1.53.
How much did ECOR3 return in 12 months?
ECOR3 returned 17.55% in 12 months, with annualized volatility of 53.41% and a largest drawdown of -39.17%.
What sector is ECOR3 in?
Ecorodovias Infraestrutura E Logística is in the Infraestrutura sector, Exploração de Rodovias segment.