B3 · BRL
MELK3
Melnick Desenvolvimento Imobiliario SA
- Day's range
- R$3.02 – R$3.09
- Day's volume
- R$1.1M
- 52-week range
- R$2.68 – R$4.22
Follow MELK3 in the Fuolio
See how MELK3 weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountMELK3 in numbers
- Market cap
- R$631.2M
- P/E
- 5.32
- P/B
- 0.58
- Dividend yield (12m)
- 13.62%
- Net debt/EBITDA
- 3.81
The 12-month dividend yield of MELK3 is 13.62%, below its 5-year average of 17.83%.
MELK3 price history
MELK3 risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | -12.98% | +28.86% | +93.02% |
| Volatility (annualized) | 22.62% | 25.35% | 29.85% |
| Largest drawdown | -28.14% | -28.14% | -30.53% |
| Positive months | 6/12 | 19/36 | 32/60 |
How much did investing in MELK3 return?
R$1,000.00 invested on 10/01/2021 would be worth R$1,930.20 today.
- Value today in MELK3
- R$1,930.20
- Return over the period
- +93.02%
- Return per year
- +14.07%
- 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.
MELK3 fundamentals
Valuation
- P/E5.32
- P/B0.58
- EV/EBITDA8.56
- EV/EBIT8.95
- EV/Revenue0.99
- P/EBIT4.96
- P/S0.55
- P/OCF-2.64
- P/FCF-4.16
- Earnings yield11.17%
- PEG ratio0.43
- Earnings per shareR$0.57
- Book value per shareR$5.27
Debt
- Net debtR$507.2M
- Net debt/EBITDA3.81
- Net debt/Equity0.42
- Debt/Equity0.67
- Current ratio2.39
- Quick ratio2.39
- Cash ratio0.37
Efficiency
- Gross margin24.18%
- EBITDA margin11.61%
- Operating margin11.10%
- Net margin14.41%
- Asset turnover0.40
Profitability
- ROE10.91%
- ROA5.71%
- ROIC6.17%
- Payout72.50%
Growth
- Revenue CAGR (5 years)13.50%
- Earnings CAGR (5 years)21.89%
- Revenue growth (year)8.58%
- Earnings growth (year)57.02%
- Revenue growth (quarter)-5.01%
- Earnings growth (quarter)12.38%
What is MELK3's fair price?
Two classic value formulas, with today's numbers. The current price is R$3.06.
- Graham's fair price
- R$8.25
- 169.68% above the price
√(22.50 × R$0.57 × R$5.27)
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$11.61
- 279.37% above 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.
MELK3'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 |
|---|---|---|---|---|---|---|---|
| P/E | 6.99 | 10.26 | 9.53 | 8.11 | 10.18 | 37.62 | — |
| P/B | 0.64 | 0.54 | 0.75 | 0.53 | 0.70 | 1.33 | — |
| EV/EBITDA | 11.50 | 7.71 | 8.65 | 6.48 | 6.95 | 16.96 | — |
| Dividend yield | 53.40% | 11.27% | 12.81% | 4.72% | 6.98% | — | — |
| Earnings per share | R$0.54 | R$0.35 | R$0.50 | R$0.41 | R$0.40 | R$0.20 | R$0.22 |
| Book value per share | R$5.90 | R$6.63 | R$6.42 | R$6.23 | R$5.77 | R$5.76 | R$2.43 |
| ROE | 9.21% | 5.22% | 7.84% | 6.51% | 6.92% | 3.55% | 9.09% |
| ROIC | 5.00% | 5.10% | 6.66% | 5.54% | 6.49% | 7.75% | 7.31% |
| Gross margin | 24.38% | 21.72% | 20.59% | 22.82% | 23.97% | 22.37% | 24.67% |
| EBITDA margin | 9.40% | 7.94% | 8.56% | 7.45% | 8.50% | 9.91% | 10.45% |
| Net margin | 10.03% | 6.94% | 8.78% | 8.20% | 10.75% | 7.31% | 8.08% |
| Net debt/EBITDA | 4.03 | -1.25 | -1.12 | -2.44 | -5.92 | -10.80 | 2.07 |
MELK3's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | R$1.1B | R$1B | R$1.2B | R$1B | R$771.8M | R$581.4M |
| Cost of revenue | -R$844.9M | -R$805.5M | -R$940M | -R$794.6M | -R$586.8M | -R$451.4M |
| Gross profit | R$272.4M | R$223.5M | R$243.7M | R$234.9M | R$185M | R$130.1M |
| EBITDA | R$105M | R$81.7M | R$101.3M | R$76.7M | R$65.6M | R$57.6M |
| EBIT | R$100.7M | R$77.5M | R$96.7M | R$72.7M | R$60.9M | R$54.7M |
| Financial result | R$83.5M | R$86.9M | R$85.6M | R$76M | R$39M | R$15.3M |
| Income before tax | R$184.2M | R$164.4M | R$182.3M | R$148.8M | R$99.9M | R$70M |
| Income tax | -R$34.1M | -R$27.6M | -R$30.4M | -R$23.2M | -R$13.6M | -R$12.8M |
| Net income | R$112.1M | R$71.4M | R$103.9M | R$84.4M | R$82.9M | R$42.5M |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
MELK3 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 |
|---|---|---|---|---|---|
| MELK3Melnick Desenvolvimento Imobiliário | 5.32 | 0.58 | 13.62% | 10.91% | R$631.2M |
| TAEE4TRANSMISSORA ALIANÇA DE ENERGIA ELÉTRICA S.A. | 8.86 | 1.78 | 7.19% | 20.14% | R$14.3B |
| TAEE3TRANSMISSORA ALIANÇA DE ENERGIA ELÉTRICA S.A. | 8.71 | 1.75 | 7.31% | 20.14% | R$14.3B |
| LOGG3LOG COMMERCIAL PROPERTIES | 5.84 | 0.62 | 27.63% | 10.63% | R$2.2B |
| PRNR3PRINER SERVIÇOS INDUSTRIAIS S.A. | 24.48 | 2.24 | 0.00% | 9.17% | R$1.1B |
| AZEV4AZEVEDO E TRAVASSOS S.A. | -0.20 | 0.32 | 0.00% | -160.82% | R$348.4M |
| AZEV3AZEVEDO E TRAVASSOS S.A. | -1.15 | 1.85 | 0.00% | -160.82% | R$348.4M |
Does MELK3 pay dividends?
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 04/29/2026 | 12/31/2026 | R$0.10 |
Dividend yield per year
- 6.98%2021
- 4.72%2022
- 12.81%2023
- 11.27%2024
- 53.40%2025
- 0.00%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 12/16/2025 | 12/29/2025 | R$0.07 |
| Dividend | 12/16/2025 | 12/29/2025 | R$0.25 |
| Dividend | 06/25/2025 | 07/04/2025 | R$0.11 |
| Dividend | 04/29/2025 | 07/04/2025 | R$0.14 |
| Dividend | 03/18/2025 | 03/28/2025 | R$0.73 |
| Other | 03/18/2025 | 03/28/2025 | R$0.73 |
| Dividend | 12/16/2024 | 12/27/2024 | R$0.20 |
| Dividend | 04/29/2024 | 06/05/2024 | R$0.20 |
| Dividend | 04/28/2023 | 12/31/2023 | R$0.16 |
| Dividend | 12/15/2023 | 12/27/2023 | R$0.09 |
| Dividend | 10/04/2023 | 10/17/2023 | R$0.20 |
| Dividend | 04/28/2023 | 06/01/2023 | R$0.11 |
See all 19 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 11/16/2022 | 01/11/2023 | R$0.05 |
| Dividend | 08/18/2022 | 09/01/2022 | R$0.03 |
| Dividend | 05/19/2022 | 06/09/2022 | R$0.03 |
| Dividend | 04/25/2022 | 05/30/2022 | R$0.09 |
| Dividend | 12/22/2021 | 12/30/2021 | R$0.07 |
| Dividend | 11/16/2021 | 11/24/2021 | R$0.21 |
| Dividend | 04/26/2021 | 05/31/2021 | R$0.01 |
About Melnick Desenvolvimento Imobiliário
- Sector
- Construção e Imobiliário
- Segment
- Incorporações
- Listing segment
- Novo Mercado
- Tag along
- 100.00%
- Free float
- 72.66%
- Shares issued
- 206.27M common
- Average daily trading
- R$1.2M
- Listed since
- 09/28/2020
- CNPJ
- 12.181.987/0001-77
Melnick Desenvolvimento Imobiliário S.A. é uma empresa brasileira especializada em desenvolvimento imobiliário residencial. A companhia atua no segmento de incorporações, desenvolvendo projetos de apartamentos e empreendimentos residenciais em diferentes regiões do Brasil. Melnick possui experiência consolidada no mercado imobiliário, com foco em qualidade de construção e satisfação do cliente. A empresa opera com um modelo de negócio centrado em desenvolvimento de projetos residenciais de qualidade, atendendo diferentes segmentos de mercado. Melnick está posicionada como uma incorporadora com presença significativa no mercado imobiliário brasileiro, contribuindo para o desenvolvimento habitacional do país.
Investor website| Shareholder | Common | Preferred | Total |
|---|---|---|---|
| MELPAR INVEST LTDA | 49.44% | 0.00% | 49.44% |
| Real Investor Gestão de Recursos LTDA | 15.99% | 0.00% | 15.99% |
| Outros | 32.99% | 0.00% | 32.99% |
| Ações Tesouraria | 1.57% | 0.00% | 1.57% |
Questions about MELK3
How much is MELK3 today?
MELK3 is at R$3.06 (0.00% on the day), last traded on 09/30/2026.
How much did MELK3 pay in dividends in 2025?
MELK3 paid R$2.03 per share in 2025, a dividend yield of 53.40%.
When is the next MELK3 dividend?
The next announced payment is R$0.10 per share on 12/31/2026.
What are the P/E and P/B of MELK3?
MELK3 trades at a P/E of 5.32 and a P/B of 0.58.
How much did MELK3 return in 12 months?
MELK3 returned -12.98% in 12 months, with annualized volatility of 22.62% and a largest drawdown of -28.14%.
What sector is MELK3 in?
Melnick Desenvolvimento Imobiliário is in the Construção e Imobiliário sector, Incorporações segment.