B3 · BRL
HBOR3
Helbor Empreendimentos S.A.
- Day's range
- R$2.13 – R$2.23
- Day's volume
- R$1.2M
- 52-week range
- R$1.65 – R$4.29
Follow HBOR3 in the Fuolio
See how HBOR3 weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountHBOR3 in numbers
- Market cap
- R$290.5M
- P/E
- 63.74
- P/B
- 0.20
- Dividend yield (12m)
- 7.01%
- Net debt/EBITDA
- 12.93
The 12-month dividend yield of HBOR3 is 7.01%, above its 5-year average of 4.62%.
HBOR3 price history
HBOR3 risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | -45.17% | -15.15% | -57.29% |
| Volatility (annualized) | 50.15% | 53.35% | 52.16% |
| Largest drawdown | -53.44% | -59.56% | -72.89% |
| Positive months | 5/12 | 18/36 | 29/60 |
How much did investing in HBOR3 return?
R$1,000.00 invested on 09/01/2021 would be worth R$427.07 today.
- Value today in HBOR3
- R$427.07
- Return over the period
- -57.29%
- Return per year
- -15.65%
- 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.
HBOR3 fundamentals
Valuation
- P/E63.74
- P/B0.20
- EV/EBITDA15.04
- EV/EBIT16.85
- EV/Revenue1.87
- P/EBIT2.37
- P/S0.26
- P/OCF-5.56
- P/FCF-1.47
- Earnings yield5.93%
- PEG ratio—
- Earnings per shareR$0.03
- Book value per shareR$10.82
Debt
- Net debtR$1.8B
- Net debt/EBITDA12.93
- Net debt/Equity0.63
- Debt/Equity0.71
- Current ratio2.55
- Quick ratio0.74
- Cash ratio0.17
Efficiency
- Gross margin29.90%
- EBITDA margin12.44%
- Operating margin11.10%
- Net margin5.95%
- Asset turnover0.16
Profitability
- ROE0.31%
- ROA0.97%
- ROIC1.97%
- Payout446.57%
Growth
- Revenue CAGR (5 years)1.12%
- Earnings CAGR (5 years)-46.00%
- Revenue growth (year)-11.17%
- Earnings growth (year)-80.07%
- Revenue growth (quarter)-10.85%
- Earnings growth (quarter)-90.93%
What is HBOR3's fair price?
Two classic value formulas, with today's numbers. The current price is R$2.17.
- Graham's fair price
- R$2.88
- 32.67% above the price
√(22.50 × R$0.03 × R$10.82)
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$1.71
- 21.40% below the price
R$0.10 (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.
HBOR3'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 | 29.72 | 3.27 | 9.29 | 5.35 | 6.10 | 61.73 | -29.23 | -2.03 |
| P/B | 0.12 | 0.07 | 0.20 | 0.13 | 0.34 | 0.98 | 1.90 | 0.60 |
| EV/EBITDA | 13.96 | 6.26 | 8.42 | 10.78 | 9.58 | 40.12 | 182.29 | — |
| Dividend yield | 4.05% | 6.60% | 2.59% | 8.86% | 1.03% | 0.00% | 0.00% | 0.00% |
| Earnings per share | R$0.08 | R$0.42 | R$0.38 | R$0.38 | R$0.75 | R$0.20 | -R$0.16 | -R$0.74 |
| Book value per share | R$20.82 | R$20.26 | R$17.70 | R$15.87 | R$13.56 | R$12.51 | R$2.40 | R$2.51 |
| ROE | 0.40% | 2.08% | 2.15% | 2.40% | 5.56% | 1.58% | -6.50% | -29.67% |
| ROIC | 2.25% | 4.82% | 4.82% | 3.40% | 4.65% | 1.44% | 0.50% | -10.81% |
| Gross margin | 31.02% | 33.54% | 29.68% | 27.90% | 26.46% | 19.73% | 11.72% | -11.23% |
| EBITDA margin | 12.37% | 21.31% | 20.09% | 18.84% | 17.94% | 6.82% | 1.71% | -48.21% |
| Net margin | 1.00% | 4.45% | 3.98% | 5.63% | 10.65% | 2.72% | -8.07% | -53.81% |
| Net debt/EBITDA | 11.57 | 5.58 | 6.58 | 9.18 | 5.96 | 15.47 | 44.54 | — |
HBOR3's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | R$1.1B | R$1.3B | R$1.3B | R$906.4M | R$948M | R$973.8M |
| Cost of revenue | -R$778.4M | -R$844.2M | -R$897.4M | -R$653.5M | -R$697.2M | -R$781.7M |
| Gross profit | R$350M | R$426.1M | R$378.7M | R$252.9M | R$250.8M | R$192.1M |
| EBITDA | R$139.6M | R$270.8M | R$256.3M | R$170.7M | R$170.1M | R$66.4M |
| EBIT | R$125M | R$240M | R$227.4M | R$147.3M | R$150.7M | R$53.1M |
| Financial result | -R$9M | -R$47.8M | -R$26.5M | -R$20.9M | R$15.6M | R$31.4M |
| Income before tax | R$115.9M | R$192.2M | R$200.9M | R$126.4M | R$166.3M | R$84.6M |
| Income tax | -R$23.9M | -R$29.1M | -R$28M | -R$18.7M | -R$21.4M | -R$22.6M |
| Net income | R$11.3M | R$56.5M | R$50.8M | R$51.1M | R$101M | R$26.5M |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
HBOR3 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 |
|---|---|---|---|---|---|
| HBOR3Helbor Empreendimentos | 63.74 | 0.20 | 7.01% | 0.31% | R$290.5M |
| VIVA3VIVARA PARTICIPAÇOES S.A | 9.52 | 1.75 | 2.96% | 18.40% | R$5.6B |
| WHRL4WHIRLPOOL S.A. | 18.45 | 2.75 | 8.96% | 14.89% | R$5.2B |
| WHRL3WHIRLPOOL S.A. | 17.53 | 2.61 | 9.10% | 14.89% | R$5.2B |
| MRVE3MRV ENGENHARIA E PARTICIPACOES S.A. | -5.35 | 0.67 | 0.00% | -12.58% | R$3.1B |
| TRIS3TRISUL S.A. | 6.18 | 0.77 | 19.66% | 12.42% | R$1.2B |
| TECN3TECHNOS S.A. | 5.06 | 1.23 | 4.00% | 24.27% | R$616.8M |
Does HBOR3 pay dividends?
Dividend yield per year
- 0.00%2017
- 0.00%2018
- 0.00%2019
- 0.00%2020
- 1.03%2021
- 8.86%2022
- 2.59%2023
- 6.60%2024
- 4.05%2025
- 7.01%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 04/24/2026 | 05/29/2026 | R$0.00 |
| Dividend | 01/05/2026 | 05/29/2026 | R$0.02 |
| Dividend | 01/05/2026 | 05/29/2026 | R$0.13 |
| Dividend | 04/23/2025 | 05/30/2025 | R$0.10 |
| Dividend | 04/30/2024 | 05/31/2024 | R$0.09 |
| Dividend | 04/28/2023 | 05/31/2023 | R$0.09 |
| Dividend | 04/29/2022 | 05/31/2022 | R$0.18 |
| Dividend | 04/30/2021 | 05/31/2021 | R$0.05 |
| Dividend | 04/29/2016 | 05/10/2016 | R$0.06 |
| Dividend | 04/29/2015 | 05/11/2015 | R$0.40 |
| Dividend | 04/19/2013 | 05/03/2013 | R$0.52 |
| Dividend | 04/16/2012 | 04/26/2012 | R$1.09 |
See all 17 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 04/15/2011 | 04/29/2011 | R$0.80 |
| Dividend | 04/26/2010 | 05/31/2010 | R$0.34 |
| Dividend | 04/22/2009 | 05/29/2009 | R$0.22 |
| Dividend | 02/15/2008 | 03/05/2008 | R$0.03 |
| Dividend | 04/23/2014 | — | R$0.50 |
| Event | Last day to own | Ratio |
|---|---|---|
| Reverse split | 08/12/2020 | 1 for 5 |
| Bonus shares | 04/19/2013 | 30.00% in shares |
| Split | 04/20/2012 | 3 for 1 |
About Helbor Empreendimentos
- Sector
- Construção e Imobiliário
- Segment
- Incorporações
- Listing segment
- Novo Mercado
- Tag along
- 100.00%
- Free float
- 49.01%
- Shares issued
- 133.85M common
- Average daily trading
- R$1.9M
- Listed since
- 10/29/2007
- CNPJ
- 49.263.189/0001-02
Helbor Empreendimentos S.A. é uma das maiores incorporadoras imobiliárias do Brasil, com forte presença na região metropolitana de São Paulo, que concentra mais de 21 milhões de habitantes. Fundada em 1977 pelo empresário Hélio Borenstein, a Helbor desenvolveu ao longo de seus 42 anos de operação significativa expertise no mercado imobiliário, tendo entregue 265 projetos totalizando mais de 42 mil unidades e mais de 8 milhões de metros quadrados de área construída. A empresa opera com um modelo de negócio focado exclusivamente em desenvolvimento imobiliário, buscando soluções estratégicas para construção e vendas através de parcerias com construtoras e desenvolvedoras experientes. Helbor mantém um portfólio estratégico de terras adquiridas concentrado no município de São Paulo, com valor geral de vendas estimado em R$ 11 bilhões. A companhia está posicionada para aproveitar oportunidades em segmentos diversos do mercado imobiliário, oferecendo soluções customizadas que atendem demandas específicas com forte potencial de retorno aos acionistas.
Investor website| Shareholder | Common | Preferred | Total |
|---|---|---|---|
| Hélio Borenstein S.A. - Administração, Participações e ComércioControlling | 38.56% | 0.00% | 38.56% |
| HENRIQUE BORENSTEINControlling | 7.39% | 0.00% | 7.39% |
| CAIXA DISTRIBUIDORA DE TÍTULOS E VALORES MOBILIÁRIOS S.A. | 5.26% | 0.00% | 5.26% |
| HENRY BORENSTEINControlling | 4.18% | 0.00% | 4.18% |
| Outros | 43.74% | 0.00% | 43.74% |
| Ações Tesouraria | 0.87% | 0.00% | 0.87% |
Questions about HBOR3
How much is HBOR3 today?
HBOR3 is at R$2.17 (0.46% on the day), last traded on 10/01/2026.
How much did HBOR3 pay in dividends in 2025?
HBOR3 paid R$0.10 per share in 2025, a dividend yield of 4.05%.
What are the P/E and P/B of HBOR3?
HBOR3 trades at a P/E of 63.74 and a P/B of 0.20.
How much did HBOR3 return in 12 months?
HBOR3 returned -45.17% in 12 months, with annualized volatility of 50.15% and a largest drawdown of -53.44%.
What sector is HBOR3 in?
Helbor Empreendimentos is in the Construção e Imobiliário sector, Incorporações segment.