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B3 · BRL

TGMA3

Tegma Gestao Logistica S.A.

R$38.40+1.80% (R$0.68)
Day's range
R$37.61 – R$38.58
Day's volume
R$17.1M
52-week range
R$26.95 – R$40.89

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See how TGMA3 weighs in your net worth, what it has paid you and how far it is from your target allocation.

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TGMA3 in numbers

Market cap
R$2.5B
P/E
9.98
P/B
2.55
Dividend yield (12m)
9.45%
Net debt/EBITDA
0.07

The 12-month dividend yield of TGMA3 is 9.45%, above its 5-year average of 7.67%.

TGMA3 price history

10/02/202510/01/2026
Compare with

TGMA3 risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return+16.49%+106.69%+278.16%
Volatility (annualized)32.34%24.82%32.03%
Largest drawdown-24.46%-24.46%-24.46%
Positive months8/1225/3638/60

How much did investing in TGMA3 return?

R$1,000.00 invested on 09/01/2021 would be worth R$3,446.76 today.

Value today in TGMA3
R$3,446.76
Return over the period
+244.68%
Return per year
+28.08%
In the Ibovespa
R$1,679.06

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

TGMA3 fundamentals

Valuation

  • P/E
    9.98
  • P/B
    2.55
  • EV/EBITDA
    6.56
  • EV/EBIT
    7.18
  • EV/Revenue
    1.02
  • P/EBIT
    7.11
  • P/S
    1.01
  • P/OCF
    12.92
  • P/FCF
    23.25
  • Earnings yield
    13.92%
  • PEG ratio
    —
  • Earnings per share
    R$3.85
  • Book value per share
    R$15.06

Debt

  • Net debt
    R$27.3M
  • Net debt/EBITDA
    0.07
  • Net debt/Equity
    0.03
  • Debt/Equity
    0.23
  • Current ratio
    2.22
  • Quick ratio
    2.21
  • Cash ratio
    0.56

Efficiency

  • Gross margin
    18.75%
  • EBITDA margin
    15.58%
  • Operating margin
    14.23%
  • Net margin
    10.14%
  • Asset turnover
    1.64

Profitability

  • ROE
    25.55%
  • ROA
    16.62%
  • ROIC
    24.63%
  • Payout
    94.32%

Growth

  • Revenue CAGR (5 years)
    18.49%
  • Earnings CAGR (5 years)
    19.75%
  • Revenue growth (year)
    6.47%
  • Earnings growth (year)
    -9.95%
  • Revenue growth (quarter)
    13.44%
  • Earnings growth (quarter)
    -9.33%

What is TGMA3's fair price?

Two classic value formulas, with today's numbers. The current price is R$38.40.

Graham's fair price
R$36.11
5.95% below the price

√(22.50 × R$3.85 × R$15.06)

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$35.86
6.62% below the price

R$2.15 (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.

TGMA3's indicators by year

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

Indicator20252024202320222021202020192018
P/E10.057.0010.298.039.4424.1812.8116.77
P/B2.802.052.231.671.502.854.323.75
EV/EBITDA7.064.627.205.577.1713.8810.0110.89
Dividend yield11.98%9.47%6.04%5.79%5.08%1.26%4.17%4.16%
Earnings per shareR$3.68R$4.09R$2.75R$2.41R$1.64R$1.12R$2.94R$1.64
Book value per shareR$13.22R$13.96R$12.67R$11.62R$10.32R$9.48R$8.71R$7.34
ROE27.86%29.28%21.69%20.77%15.87%11.77%33.73%22.35%
ROIC24.44%30.84%22.54%21.10%15.07%12.48%22.86%17.46%
Gross margin19.28%21.58%19.69%20.04%18.66%19.78%21.29%20.58%
EBITDA margin16.09%18.89%15.84%16.29%14.83%12.81%19.92%14.57%
Net margin10.92%12.91%11.46%11.62%10.73%7.28%14.40%8.63%
Net debt/EBITDA0.25-0.16-0.24-0.160.340.150.750.96

TGMA3's financial statements

Line202520242023202220212020
Net revenueR$2.2BR$2.1BR$1.6BR$1.4BR$1BR$1B
Cost of revenue-R$1.8B-R$1.6B-R$1.3B-R$1.1B-R$819.4M-R$811.9M
Gross profitR$429.2MR$451MR$311.8MR$274.7MR$187.9MR$200.1M
EBITDAR$358.1MR$394.8MR$250.9MR$223.3MR$149.4MR$129.6M
EBITR$326.9MR$368.7MR$226.5MR$201.2MR$127.4MR$106.2M
Financial resultR$11.5MR$8.8MR$8.9MR$6.7M-R$3M-R$9.2M
Income before taxR$338.4MR$377.5MR$235.5MR$207.9MR$124.4MR$97.1M
Income tax-R$95.4M-R$106.9M-R$53.6M-R$48.2M-R$16.6M-R$23.5M
Net incomeR$243MR$269.8MR$181.4MR$159.3MR$108.1MR$73.6M

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

TGMA3 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
TGMA3Tegma Gestao Logistica9.982.559.45%25.55%R$2.5B
MOTV3MOTIVA INFRAESTRUTURA DE MOBILIDADE S.A.8.821.935.50%21.85%R$34.2B
RAIL3RUMO S.A.24.982.120.66%8.48%R$30.7B

Does TGMA3 pay dividends?

Dividend yield per year

  • 1.71%2017
  • 4.16%2018
  • 4.17%2019
  • 1.26%2020
  • 5.08%2021
  • 5.79%2022
  • 6.04%2023
  • 9.47%2024
  • 11.98%2025
  • 2.97%2026
Payment history
TypeLast day to ownPaymentPer share
Dividend08/06/202608/18/2026R$0.85
Interest on equity08/06/202608/18/2026R$0.29
Dividend12/02/202512/29/2025R$1.52
Dividend11/06/202511/18/2025R$0.79
Interest on equity11/06/202511/18/2025R$0.18
Dividend08/07/202508/19/2025R$1.21
Interest on equity08/07/202508/19/2025R$0.14
Interest on equity04/09/202504/23/2025R$0.15
Dividend04/09/202504/23/2025R$0.44
Interest on equity11/07/202411/21/2024R$0.19
Dividend11/07/202411/21/2024R$0.58
Interest on equity08/08/202408/21/2024R$0.10
See all 83 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Dividend08/08/202408/21/2024R$1.12
Interest on equity04/11/202404/23/2024R$0.18
Dividend04/11/202404/23/2024R$0.54
Interest on equity11/09/202311/23/2023R$0.14
Dividend11/09/202311/23/2023R$0.40
Dividend08/08/202308/17/2023R$0.43
Interest on equity08/08/202308/17/2023R$0.14
Interest on equity04/12/202304/24/2023R$0.15
Dividend04/12/202304/24/2023R$0.45
Dividend11/08/202211/21/2022R$0.31
Interest on equity11/08/202211/21/2022R$0.10
Interest on equity08/08/202208/18/2022R$0.09
Dividend08/08/202208/18/2022R$0.28
Dividend04/13/202204/27/2022R$0.25
Interest on equity04/13/202204/27/2022R$0.08
Interest on equity11/09/202111/19/2021R$0.06
Dividend11/09/202111/19/2021R$0.19
Interest on equity08/09/202108/19/2021R$0.08
Dividend08/09/202108/19/2021R$0.25
Dividend04/13/202104/27/2021R$0.14
Interest on equity04/13/202104/27/2021R$0.05
Interest on equity11/11/202011/24/2020R$0.09
Dividend11/11/202011/24/2020R$0.26
Dividend11/12/201911/26/2019R$0.52
Interest on equity11/12/201911/26/2019R$0.17
Interest on equity09/04/201909/16/2019R$0.11
Dividend09/04/201909/16/2019R$0.34
Interest on equity04/24/201905/07/2019R$0.11
Dividend04/24/201905/07/2019R$0.32
Interest on equity11/13/201811/26/2018R$0.06
Dividend11/13/201811/26/2018R$0.18
Interest on equity08/10/201808/22/2018R$0.08
Dividend08/10/201808/22/2018R$0.24
Interest on equity04/20/201805/04/2018R$0.17
Dividend04/20/201805/04/2018R$0.42
Dividend11/09/201711/22/2017R$0.06
Interest on equity11/09/201711/22/2017R$0.06
Dividend08/09/201708/21/2017R$0.22
Dividend08/31/201509/10/2015R$0.08
Dividend04/29/201405/12/2014R$0.26
Dividend11/12/201311/27/2013R$0.15
Interest on equity11/12/201311/27/2013R$0.08
Dividend08/16/201308/28/2013R$0.14
Interest on equity08/16/201308/28/2013R$0.09
Dividend04/30/201305/13/2013R$0.45
Interest on equity11/08/201211/23/2012R$0.14
Dividend11/08/201211/23/2012R$0.12
Dividend08/17/201208/30/2012R$0.15
Interest on equity08/17/201208/30/2012R$0.11
Dividend04/10/201204/20/2012R$0.45
Dividend11/08/201111/23/2011R$0.15
Interest on equity11/08/201111/23/2011R$0.12
Dividend08/11/201108/25/2011R$0.15
Interest on equity08/11/201108/25/2011R$0.12
Dividend04/04/201104/18/2011R$0.45
Dividend11/04/201011/26/2010R$0.14
Interest on equity11/04/201011/26/2010R$0.11
Interest on equity08/04/201008/18/2010R$0.14
Dividend08/04/201008/18/2010R$0.11
Dividend04/20/201004/30/2010R$0.45
Dividend10/28/200911/12/2009R$0.15
Dividend08/13/200908/24/2009R$0.30
Dividend04/30/200905/12/2009R$0.19
Dividend03/09/200903/18/2009R$0.18
Dividend10/13/200810/22/2008R$0.23
Dividend08/27/200809/05/2008R$0.22
Dividend04/23/200805/05/2008R$0.09
Dividend03/17/200803/26/2008R$0.31
Dividend11/09/200711/21/2007R$0.11
Dividend04/28/2017—R$0.12
Dividend08/10/2007—R$0.11

About Tegma Gestao Logistica

Sector
Bens Industriais
Segment
Transporte Rodoviário
Listing segment
Novo Mercado
Tag along
100.00%
Free float
48.47%
Shares issued
66M common
Average daily trading
R$9.3M
Listed since
07/03/2007
CNPJ
02.351.144/0001-18

Tegma Logística S.A. é uma empresa brasileira de logística e distribuição, especializada em serviços de transporte, armazenagem e distribuição de cargas. Fundada em 1992, a Tegma é uma das principais empresas de logística do Brasil, operando uma rede de centros de distribuição e frotas de transporte em múltiplos estados. A companhia oferece serviços integrados de logística, incluindo transporte rodoviário, armazenagem, distribuição e serviços de valor agregado. A Tegma é um importante player na cadeia logística brasileira, operando com foco em eficiência, confiabilidade e inovação. Com receita anual superior a R$ 1,2 bilhão, a companhia é uma das maiores operadoras logísticas do Brasil, movimentando milhões de toneladas de cargas anualmente. A empresa está comprometida com modernização de sua frota, adoção de tecnologias sustentáveis e melhoria contínua de seus serviços logísticos.

Investor website
ShareholdersAs of 12/31/2026, from the Formulário de Referência filed with the CVM.
ShareholderCommonPreferredTotal
MOPIA PARTICIPAÇÕES E EMPREENDIMENTOS S.A.Controlling24.10%0.00%24.10%
Coimex Empreendimentos e Participações Ltda.Controlling20.01%0.00%20.01%
TPE GESTORA DE RECURSOS LTDA16.76%0.00%16.76%
Kayne Anderson Rudnick Investment Management, LLC9.30%0.00%9.30%
CABANA EMPREENDIMENTOS E PARTICIPAÇÕES LTDAControlling7.30%0.00%7.30%
Outono Participações Societárias Ltda.0.01%0.00%0.01%
MARIA THEREZA MOREIRA FRANCOControlling0.00%0.00%0.00%
Outros22.43%0.00%22.43%
Ações Tesouraria0.10%0.00%0.10%

Questions about TGMA3

How much is TGMA3 today?

TGMA3 is at R$38.40 (1.80% on the day), last traded on 10/01/2026.

How much did TGMA3 pay in dividends in 2025?

TGMA3 paid R$4.43 per share in 2025, a dividend yield of 11.98%.

What are the P/E and P/B of TGMA3?

TGMA3 trades at a P/E of 9.98 and a P/B of 2.55.

How much did TGMA3 return in 12 months?

TGMA3 returned 16.49% in 12 months, with annualized volatility of 32.34% and a largest drawdown of -24.46%.

What sector is TGMA3 in?

Tegma Gestao Logistica is in the Bens Industriais sector, Transporte Rodoviário segment.