B3 · BRL
LAND3
Terra Santa Propriedades Agricolas SA
- Day's range
- R$9.17 – R$9.45
- Day's volume
- R$142.6K
- 52-week range
- R$7.05 – R$10.48
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See how LAND3 weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountLAND3 in numbers
- Market cap
- R$885.3M
- P/E
- -62.06
- P/B
- 1.35
- Dividend yield (12m)
- 0.00%
LAND3 price history
LAND3 risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +23.66% | -47.29% | -54.90% |
| Volatility (annualized) | 18.01% | 31.11% | 30.43% |
| Largest drawdown | -7.47% | -57.37% | -74.09% |
| Positive months | 6/12 | 16/36 | 27/60 |
How much did investing in LAND3 return?
R$1,000.00 invested on 10/01/2021 would be worth R$451.02 today.
- Value today in LAND3
- R$451.02
- Return over the period
- -54.90%
- Return per year
- -14.73%
- 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.
LAND3 fundamentals
Valuation
- P/E-62.06
- P/B1.35
- EV/EBITDA-35.30
- EV/EBIT-31.23
- EV/Revenue9.64
- P/EBIT-31.59
- P/S9.76
- P/OCF21.78
- P/FCF22.83
- Earnings yield-3.20%
- PEG ratio—
- Earnings per share-R$0.15
- Book value per shareR$6.79
Debt
- Net debt-R$10.2M
- Net debt/EBITDA—
- Net debt/Equity-0.02
- Debt/Equity0.13
- Current ratio0.99
- Quick ratio0.99
- Cash ratio0.79
Efficiency
- Gross margin95.40%
- EBITDA margin-27.32%
- Operating margin-30.88%
- Net margin-15.72%
- Asset turnover0.10
Profitability
- ROE-2.18%
- ROA-1.52%
- ROIC-1.33%
- Payout—
Growth
- Revenue CAGR (5 years)—
- Earnings CAGR (5 years)—
- Revenue growth (year)41.33%
- Earnings growth (year)-35.28%
- Revenue growth (quarter)5.41%
- Earnings growth (quarter)-187.43%
What is LAND3's fair price?
Two classic value formulas, with today's numbers. The current price is R$9.20.
- Graham's fair price
- —
- Does not apply to LAND3: the formula needs positive earnings and book value.
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$7.16
- 22.16% below the price
R$0.43 (4-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.
LAND3'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 |
|---|---|---|---|---|---|
| P/E | 170.35 | 184.53 | 46.70 | 20.17 | 55.45 |
| P/B | 1.23 | 1.90 | 2.30 | 3.52 | 3.03 |
| EV/EBITDA | 429.73 | 60.58 | 27.67 | 45.13 | 26.73 |
| Dividend yield | 0.86% | 0.62% | 7.93% | 0.71% | — |
| Earnings per share | R$0.05 | R$0.08 | R$0.37 | R$1.43 | R$0.40 |
| Book value per share | R$6.85 | R$7.42 | R$7.42 | R$8.17 | R$7.23 |
| ROE | 0.72% | 1.03% | 4.93% | 17.45% | 5.46% |
| ROIC | 0.00% | 1.90% | 5.29% | 6.90% | 6.34% |
| Gross margin | 95.57% | 93.04% | 94.40% | 92.85% | 93.15% |
| EBITDA margin | 2.09% | 34.87% | 69.07% | 65.16% | 77.41% |
| Net margin | 4.91% | 10.73% | 38.39% | 144.37% | 36.47% |
| Net debt/EBITDA | 28.38 | 3.80 | 1.71 | 0.45 | 0.61 |
LAND3's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Net revenue | R$96.6M | R$68.3M | R$91.7M | R$95M | R$104.3M |
| Cost of revenue | -R$4.3M | -R$4.8M | -R$5.1M | -R$6.8M | -R$7.1M |
| Gross profit | R$92.3M | R$63.6M | R$86.6M | R$88.2M | R$97.1M |
| EBITDA | R$2M | R$23.8M | R$63.4M | R$61.9M | R$80.7M |
| EBIT | -R$987K | R$20.4M | R$59.4M | R$56.1M | R$75.3M |
| Financial result | -R$15.3M | -R$10.6M | -R$11.3M | -R$10.7M | -R$14.7M |
| Income before tax | -R$16.3M | R$9.8M | R$48.1M | R$45.4M | R$60.6M |
| Income tax | R$21M | -R$2.5M | -R$12.9M | R$91.8M | -R$22.6M |
| Net income | R$4.7M | R$7.3M | R$35.2M | R$137.2M | R$38M |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
LAND3 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 |
|---|---|---|---|---|---|
| LAND3Terra Santa Propriedades Agricolas | -62.06 | 1.35 | 0.00% | -2.18% | R$885.3M |
| 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 LAND3 pay dividends?
Dividend yield per year
- 0.71%2022
- 7.93%2023
- 0.62%2024
- 0.86%2025
- 0.00%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 04/24/2025 | 05/29/2025 | R$0.07 |
| Dividend | 04/26/2024 | 05/24/2024 | R$0.09 |
| Dividend | 03/17/2023 | 05/05/2023 | R$0.47 |
| Dividend | 03/17/2023 | 03/28/2023 | R$0.88 |
| Dividend | 04/26/2022 | 05/05/2022 | R$0.20 |
About Terra Santa Propriedades Agricolas
- Sector
- Consumo Não Cíclico
- Segment
- Agricultura
- Listing segment
- Novo Mercado
- Tag along
- 100.00%
- Free float
- 50.79%
- Shares issued
- 96.23M common
- Average daily trading
- R$887.5K
- Listed since
- 08/02/2021
- CNPJ
- 40.337.136/0001-06
Terra Santa Propriedades Agrícolas S.A., identificada no mercado pelo ticker LAND3, teve atuação no agronegócio brasileiro com foco em produção agrícola em larga escala, gestão de terras e desenvolvimento de ativos ligados a culturas como soja, milho e algodão. A companhia operava fazendas em regiões de fronteira agrícola e estruturava sua estratégia com base em produtividade por hectare, eficiência operacional e gestão de portfólio de propriedades rurais. Após movimentos societários no setor, os ativos operacionais e parte relevante das operações foram incorporados por outra plataforma agrícola listada. Assim, o ticker LAND3 passou a refletir um contexto de reestruturação societária e sucessão de atividades, com menor presença operacional independente em relação ao histórico da antiga Terra Santa. A leitura econômica do caso depende de eventos corporativos, termos da combinação de negócios e destinação dos ativos rurais.
Investor website| Shareholder | Common | Preferred | Total |
|---|---|---|---|
| SILVIO TINI DE ARAÚJO | 29.16% | 0.00% | 29.16% |
| Laplace Investimentos Gestão de Recursos LTDA. | 22.99% | 0.00% | 22.99% |
| BONSUCEX HOLDING S.A. | 20.03% | 0.00% | 20.03% |
| MARK KAMINITZ | 6.54% | 0.00% | 6.54% |
| Gavea Investimentos | 4.92% | 0.00% | 4.92% |
| EOS AMANPULO FIM IE CREDITO PRIVADO | 4.08% | 0.00% | 4.08% |
| BRUNO SZWARC | 1.69% | 0.00% | 1.69% |
| Outros | 10.57% | 0.00% | 10.57% |
| Ações Tesouraria | 0.02% | 0.00% | 0.02% |
Questions about LAND3
How much is LAND3 today?
LAND3 is at R$9.20 (1.10% on the day), last traded on 10/01/2026.
How much did LAND3 pay in dividends in 2025?
LAND3 paid R$0.07 per share in 2025, a dividend yield of 0.86%.
What are the P/E and P/B of LAND3?
LAND3 trades at a P/E of -62.06 and a P/B of 1.35.
How much did LAND3 return in 12 months?
LAND3 returned 23.66% in 12 months, with annualized volatility of 18.01% and a largest drawdown of -7.47%.
What sector is LAND3 in?
Terra Santa Propriedades Agricolas is in the Consumo Não Cíclico sector, Agricultura segment.