B3 · BRL

RANI3

Irani Papel e Embalagem SA

R$7.78-0.26% (-R$0.02)
Day's range
R$7.76 – R$7.86
Day's volume
R$3.9M
52-week range
R$7.55 – R$10.12

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RANI3 in numbers

Market cap
R$1.8B
P/E
13.85
P/B
1.25
Dividend yield (12m)
5.17%
Net debt/EBITDA
3.68

The 12-month dividend yield of RANI3 is 5.17%, below its 5-year average of 7.40%.

RANI3 price history

10/01/202509/30/2026
Compare with

RANI3 risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return-8.56%-11.58%+80.94%
Volatility (annualized)22.86%21.79%25.76%
Largest drawdown-19.87%-33.73%-42.52%
Positive months5/1216/3631/60

How much did investing in RANI3 return?

R$1,000.00 invested on 09/01/2021 would be worth R$1,858.19 today.

Value today in RANI3
R$1,858.19
Return over the period
+85.82%
Return per year
+13.19%
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.

RANI3 fundamentals

Valuation

  • P/E
    13.85
  • P/B
    1.25
  • EV/EBITDA
    6.93
  • EV/EBIT
    11.78
  • EV/Revenue
    2.26
  • P/EBIT
    5.52
  • P/S
    1.06
  • P/OCF
    3.68
  • P/FCF
    7.01
  • Earnings yield
    8.49%
  • PEG ratio
    —
  • Earnings per share
    R$0.56
  • Book value per share
    R$6.22

Debt

  • Net debt
    R$2B
  • Net debt/EBITDA
    3.68
  • Net debt/Equity
    1.42
  • Debt/Equity
    2.00
  • Current ratio
    2.10
  • Quick ratio
    1.92
  • Cash ratio
    1.29

Efficiency

  • Gross margin
    35.35%
  • EBITDA margin
    32.64%
  • Operating margin
    19.19%
  • Net margin
    7.65%
  • Asset turnover
    0.43

Profitability

  • ROE
    9.03%
  • ROA
    3.29%
  • ROIC
    6.80%
  • Payout
    71.63%

Growth

  • Revenue CAGR (5 years)
    5.22%
  • Earnings CAGR (5 years)
    -6.78%
  • Revenue growth (year)
    3.62%
  • Earnings growth (year)
    -20.51%
  • Revenue growth (quarter)
    0.23%
  • Earnings growth (quarter)
    -66.53%

What is RANI3's fair price?

Two classic value formulas, with today's numbers. The current price is R$7.78.

Graham's fair price
R$8.86
13.93% above the price

√(22.50 × R$0.56 × R$6.22)

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$10.36
33.12% above the price

R$0.62 (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.

RANI3's indicators by year

Multiples at each year's closing price; margins and returns from that year's statements.

Indicator20252024202320222021202020192018
P/E8.275.376.835.246.2814.92-8.38163.34
P/B1.381.202.051.761.871.761.981.59
EV/EBITDA6.166.886.715.945.238.795.836.35
Dividend yield8.45%7.72%7.81%7.94%5.07%1.28%0.57%0.00%
Earnings per shareR$1.05R$1.27R$1.60R$1.54R$1.11R$0.36-R$0.48R$0.02
Book value per shareR$6.30R$5.70R$5.34R$4.57R$3.73R$3.06R$2.02R$1.85
ROE16.67%22.28%29.96%33.62%29.80%11.80%-23.65%0.97%
ROIC10.34%9.74%13.41%13.22%16.51%9.09%0.00%2.27%
Gross margin41.53%38.43%43.07%47.91%39.36%31.60%29.86%28.21%
EBITDA margin38.70%31.53%41.65%40.49%32.90%23.58%36.42%20.01%
Net margin14.35%18.71%24.05%22.42%17.77%9.01%-8.86%0.32%
Net debt/EBITDA3.093.702.773.041.843.093.793.71

RANI3's financial statements

Line202520242023202220212020
Net revenueR$1.7BR$1.6BR$1.6BR$1.7BR$1.6BR$1B
Cost of revenue-R$986.1M-R$1B-R$907.6M-R$878.6M-R$973.8M-R$704.3M
Gross profitR$700.2MR$625.4MR$686.6MR$808.1MR$632MR$325.3M
EBITDAR$652.6MR$513.2MR$664MR$682.9MR$528.3MR$242.8M
EBITR$447.8MR$317.9MR$551.4MR$579.9MR$435.8MR$165.5M
Financial result-R$130.9M-R$110.4M-R$45.6M-R$61.5M-R$45.6M-R$55.6M
Income before taxR$316.9MR$207.5MR$505.8MR$518.4MR$390.2MR$109.9M
Income tax-R$63MR$97M-R$122.4M-R$140.2M-R$104.9M-R$17.2M
Net incomeR$242.1MR$304.5MR$383.4MR$378.2MR$285.3MR$92.8M

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

RANI3 against its sector

The same indicators for the company's other shares and the sector's largest stocks.

StockP/EP/BDividend yield (12m)ROEMarket cap
RANI3Irani Papel E Embalagem13.851.255.17%9.03%R$1.8B
SUZB3SUZANO S.A.6.841.122.54%16.44%R$55.9B
SLCE3SLC AGRICOLA S.A.21.591.555.39%7.16%R$8.4B
UNIP6UNIPAR CARBOCLORO S.A.23.913.1911.50%13.34%R$6.4B
UNIP3UNIPAR CARBOCLORO S.A.23.283.1010.74%13.34%R$6.4B
UNIP5UNIPAR CARBOCLORO S.A.24.233.2311.35%13.34%R$6.4B
SMTO3SAO MARTINHO S.A.8.470.811.21%9.51%R$5.9B

Does RANI3 pay dividends?

Dividend yield per year

  • 1.24%2017
  • 0.00%2018
  • 0.57%2019
  • 1.28%2020
  • 5.07%2021
  • 7.94%2022
  • 7.81%2023
  • 7.72%2024
  • 8.45%2025
  • 4.60%2026
Payment history
TypeLast day to ownPaymentPer share
Dividend08/07/202608/20/2026R$0.03
Dividend05/07/202605/20/2026R$0.02
Dividend04/24/202605/20/2026R$0.26
Dividend03/05/202603/20/2026R$0.04
Dividend11/10/202511/25/2025R$0.04
Dividend08/08/202508/22/2025R$0.11
Dividend05/07/202505/21/2025R$0.06
Dividend04/23/202505/21/2025R$0.32
Dividend03/10/202503/26/2025R$0.19
Dividend11/07/202411/22/2024R$0.04
Dividend08/07/202408/22/2024R$0.04
Dividend05/08/202405/23/2024R$0.04
See all 65 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Dividend04/26/202405/15/2024R$0.39
Dividend03/05/202403/21/2024R$0.01
Dividend11/08/202311/22/2023R$0.07
Dividend08/07/202308/23/2023R$0.23
Dividend05/08/202305/24/2023R$0.08
Dividend04/24/202305/18/2023R$0.39
Dividend03/07/202303/22/2023R$0.09
Dividend11/09/202211/25/2022R$0.10
Dividend08/08/202208/26/2022R$0.10
Dividend05/06/202205/25/2022R$0.10
Dividend04/28/202205/18/2022R$0.28
Dividend03/08/202203/30/2022R$0.06
Dividend11/08/202111/30/2021R$0.10
Dividend08/10/202108/30/2021R$0.06
Dividend05/11/202105/25/2021R$0.05
Dividend04/28/202105/20/2021R$0.10
Dividend03/04/202103/30/2021R$0.04
Dividend11/17/202012/30/2020R$0.02
Dividend08/26/202009/15/2020R$0.02
Interest on equity08/26/202009/15/2020R$0.02
Dividend04/28/202005/31/2020R$0.01
Dividend04/29/201905/30/2019R$0.02
Dividend03/08/201703/24/2017R$0.02
Dividend11/18/201512/14/2015R$0.01
Dividend08/20/201509/15/2015R$0.02
Dividend09/09/201409/30/2014R$0.02
Dividend04/16/201405/29/2014R$0.02
Dividend04/29/201306/04/2013R$0.06
Dividend01/24/201302/15/2013R$0.09
Dividend04/19/201205/09/2012R$0.68
Interest on equity11/16/201111/30/2011R$0.62
Dividend04/29/201105/31/2011R$1.20
Dividend04/30/201005/31/2010R$0.47
Dividend04/30/200806/25/2008R$0.03
Interest on equity11/13/200712/17/2007R$0.19
Interest on equity08/14/200709/12/2007R$0.12
Interest on equity07/19/200708/23/2007R$0.22
Dividend03/21/200704/13/2007R$0.12
Dividend03/22/200610/27/2006R$0.09
Dividend03/29/200511/29/2005R$15.45
Interest on equity09/16/200412/29/2004R$3.24
Interest on equity08/10/200412/29/2004R$3.24
Interest on equity07/12/200412/29/2004R$3.24
Interest on equity06/14/200411/26/2004R$3.20
Dividend03/31/200410/28/2004R$10.68
Interest on equity04/19/200406/30/2004R$9.64
Interest on equity08/22/200312/04/2003R$12.02
Interest on equity04/16/200308/25/2003R$8.28
Dividend04/26/200112/27/2001R$12.00
Dividend04/28/200010/10/2000R$3.00
Dividend03/06/2015—R$0.08
Dividend01/31/2014—R$0.10
Dividend07/23/2012—R$0.09
Splits, reverse splits and bonus shares
EventLast day to ownRatio
Split04/19/201220 for 1
Reverse split05/27/20051 for 20
Bonus shares11/01/19891.00% in shares

About Irani Papel E Embalagem

Sector
Materiais
Segment
Embalagens
Listing segment
Novo Mercado
Tag along
100.00%
Free float
43.78%
Shares issued
230.5M common
Average daily trading
R$4.3M
Listed since
06/10/1981
CNPJ
92.791.243/0001-03

Irani Papel e Embalagem S.A. é uma empresa brasileira especializada na fabricação de papel e embalagens de papel. A companhia produz papéis para embalagem, incluindo papelão ondulado, papel kraft e outros tipos de papel para diversos segmentos industriais. Irani opera com tecnologia moderna de produção, investindo em sustentabilidade e eficiência operacional. A empresa fornece soluções de embalagem para indústrias de alimentos, bebidas, eletrônicos e outros segmentos, atuando como fornecedora integrada de papel e embalagens no mercado brasileiro.

Investor website
ShareholdersAs of 12/31/2026, from the Formulário de Referência filed with the CVM.
ShareholderCommonPreferredTotal
IRANI PARTICIPAÇÕES S.AControlling48.86%0.00%48.86%
Habitasul Desenvolvimentos Imobiliários S.A.Controlling5.84%0.00%5.84%
Companhia Habitasul de ParticipaçõesControlling0.77%0.00%0.77%
Companhia Comercial de Imóveis0.36%0.00%0.36%
Outros44.17%0.00%44.17%

Questions about RANI3

How much is RANI3 today?

RANI3 is at R$7.78 (-0.26% on the day), last traded on 09/30/2026.

How much did RANI3 pay in dividends in 2025?

RANI3 paid R$0.73 per share in 2025, a dividend yield of 8.45%.

What are the P/E and P/B of RANI3?

RANI3 trades at a P/E of 13.85 and a P/B of 1.25.

How much did RANI3 return in 12 months?

RANI3 returned -8.56% in 12 months, with annualized volatility of 22.86% and a largest drawdown of -19.87%.

What sector is RANI3 in?

Irani Papel E Embalagem is in the Materiais sector, Embalagens segment.