B3 · BRL

TIMS3

TIM S.A.

R$18.12-2.21% (-R$0.41)
Day's range
R$18.33 – R$19.08
Day's volume
R$220.7M
52-week range
R$17.85 – R$28.74

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TIMS3 in numbers

Market cap
R$43.6B
P/E
10.02
P/B
1.73
Dividend yield (12m)
8.13%
Net debt/EBITDA
-0.06

The 12-month dividend yield of TIMS3 is 8.13%, above its 5-year average of 6.19%.

TIMS3 price history

10/01/202510/01/2026
Compare with

TIMS3 risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return-14.64%+59.14%+140.83%
Volatility (annualized)32.87%27.92%27.27%
Largest drawdown-32.38%-32.38%-32.38%
Positive months6/1223/3636/60

How much did investing in TIMS3 return?

R$1,000.00 invested on 10/01/2021 would be worth R$2,434.74 today.

Value today in TIMS3
R$2,434.74
Return over the period
+143.47%
Return per year
+19.48%
In the Ibovespa
R$1,790.58

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

TIMS3 fundamentals

Valuation

  • P/E
    10.02
  • P/B
    1.73
  • EV/EBITDA
    3.12
  • EV/EBIT
    —
  • EV/Revenue
    1.57
  • P/EBIT
    —
  • P/S
    1.60
  • P/OCF
    3.18
  • P/FCF
    4.57
  • Earnings yield
    —
  • PEG ratio
    0.53
  • Earnings per share
    R$1.81
  • Book value per share
    R$10.46

Debt

  • Net debt
    -R$770.2M
  • Net debt/EBITDA
    -0.06
  • Net debt/Equity
    -0.03
  • Debt/Equity
    0.15
  • Current ratio
    0.85
  • Quick ratio
    0.82
  • Cash ratio
    0.31

Efficiency

  • Gross margin
    54.72%
  • EBITDA margin
    50.29%
  • Operating margin
    24.56%
  • Net margin
    15.84%
  • Asset turnover
    0.48

Profitability

  • ROE
    17.29%
  • ROA
    7.56%
  • ROIC
    —
  • Payout
    81.42%

Growth

  • Revenue CAGR (5 years)
    —
  • Earnings CAGR (5 years)
    —
  • Revenue growth (year)
    —
  • Earnings growth (year)
    —
  • Revenue growth (quarter)
    4.83%
  • Earnings growth (quarter)
    19.29%

What is TIMS3's fair price?

Two classic value formulas, with today's numbers. The current price is R$18.12.

Graham's fair price
R$20.63
13.84% above the price

√(22.50 × R$1.81 × R$10.46)

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$17.46
3.67% below the price

R$1.05 (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.

TIMS3's indicators by year

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

Indicator20252024202320222021202020192018
P/E——15.3017.9710.7619.24171.7018.48
P/B2.131.331.671.181.271.5330.051.46
EV/EBITDA——3.723.212.923.9868.1318.58
Dividend yield10.33%7.89%5.17%4.20%3.36%3.18%1.97%2.00%
Earnings per shareR$0.00R$0.00R$1.17R$0.69R$1.22R$0.76R$0.09R$0.64
Book value per shareR$10.02R$10.91R$10.75R$10.49R$10.37R$9.58R$0.52R$8.10
ROE0.00%0.00%10.91%6.58%11.78%7.95%17.50%7.91%
ROIC0.00%0.00%15.80%11.20%17.19%12.38%17.52%3.50%
Gross margin——51.76%50.51%53.25%53.69%57.22%54.11%
EBITDA margin——49.65%46.39%52.32%48.31%55.91%45.01%
Net margin——11.90%7.76%16.38%10.68%22.21%45.54%
Net debt/EBITDA——0.050.20-0.45-0.28-0.09-0.12

TIMS3's financial statements

Line202520242023202220212020
Net revenueR$0R$0R$23.8BR$21.5BR$18.1BR$17.3B
Cost of revenueR$0R$0-R$11.5B-R$10.7B-R$8.4B-R$8B
Gross profitR$0R$0R$12.3BR$10.9BR$9.6BR$9.3B
EBITDAR$0R$0R$11.8BR$10BR$9.4BR$8.3B
EBITR$0R$0R$4.7BR$3.2BR$3.8BR$2.8B
Financial resultR$0R$0-R$1.5B-R$1.4B-R$652.8M-R$807.3M
Income before taxR$0R$0R$3.2BR$1.7BR$3.1BR$2B
Income taxR$0R$0-R$346.6M-R$50.2M-R$146.1M-R$164M
Net incomeR$0R$0R$2.8BR$1.7BR$3BR$1.8B

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

TIMS3 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
TIMS3Tim10.021.738.13%17.29%R$43.6B
VIVT3TELEFÔNICA BRASIL S.A14.581.478.54%10.05%R$96.2B
DESK3DESKTOP S.A.40.481.580.96%3.91%R$2.3B
FIQE3UNIFIQUE TELECOMUNICAÇÕES S.A.8.991.6513.61%18.40%R$2B
TELB4TELEC BRASILEIRAS S.A. TELEBRAS6.710.550.00%8.14%R$1.9B
TELB3TELEC BRASILEIRAS S.A. TELEBRAS15.101.230.00%8.14%R$1.9B

Does TIMS3 pay dividends?

Announced payments
TypeLast day to ownPaymentPer share
Interest on equity09/22/202601/22/2027R$0.22

Dividend yield per year

  • 1.07%2017
  • 2.00%2018
  • 1.97%2019
  • 3.18%2020
  • 3.36%2021
  • 4.20%2022
  • 5.17%2023
  • 7.89%2024
  • 10.33%2025
  • 4.96%2026
Payment history
TypeLast day to ownPaymentPer share
Interest on equity06/22/202607/22/2026R$0.17
Interest on equity12/22/202506/30/2026R$0.18
Interest on equity03/23/202604/22/2026R$0.16
Interest on equity03/31/202504/22/2026R$0.20
Interest on equity09/26/202501/21/2026R$0.20
Dividend12/19/202512/30/2025R$0.75
Interest on equity07/25/202510/21/2025R$0.13
Dividend04/03/202510/21/2025R$0.28
Interest on equity05/21/202507/23/2025R$0.12
Dividend04/03/202507/23/2025R$0.28
Dividend04/03/202504/22/2025R$0.28
Interest on equity02/17/202504/22/2025R$0.08
See all 47 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Interest on equity12/23/202401/23/2025R$0.27
Interest on equity09/23/202410/23/2024R$0.12
Dividend04/09/202410/22/2024R$0.18
Interest on equity06/21/202407/23/2024R$0.12
Dividend04/09/202407/23/2024R$0.18
Dividend04/09/202404/22/2024R$0.18
Interest on equity03/22/202404/22/2024R$0.08
Interest on equity12/21/202301/23/2024R$0.27
Interest on equity09/21/202310/23/2023R$0.18
Interest on equity06/22/202307/12/2023R$0.12
Interest on equity04/25/202305/09/2023R$0.10
Dividend04/10/202304/18/2023R$0.25
Interest on equity12/21/202201/24/2023R$0.19
Interest on equity09/21/202201/24/2023R$0.10
Interest on equity09/21/202210/31/2022R$0.10
Interest on equity06/23/202207/20/2022R$0.11
Interest on equity03/28/202204/27/2022R$0.08
Interest on equity12/20/202101/25/2022R$0.23
Interest on equity09/29/202110/27/2021R$0.06
Interest on equity06/21/202107/20/2021R$0.14
Interest on equity12/18/202001/22/2021R$0.24
Interest on equity10/19/202011/10/2020R$0.21
Interest on equity10/07/201903/31/2020R$0.16
Interest on equity01/17/202001/29/2020R$0.10
Interest on equity08/09/201910/08/2019R$0.15
Interest on equity01/02/201901/24/2019R$0.16
Interest on equity07/25/201811/12/2018R$0.10
Interest on equity05/11/201808/10/2018R$0.10
Dividend04/19/201806/19/2018R$0.04
Interest on equity11/14/201711/24/2017R$0.08
Dividend04/19/201706/19/2017R$0.06
Dividend04/12/201606/10/2016R$0.19
Dividend05/12/201506/16/2015R$0.15
Dividend04/11/201206/11/2012R$0.22
Dividend04/11/201106/10/2011R$0.20
Splits, reverse splits and bonus shares
EventLast day to ownRatio
Split07/02/2025100 for 1
Reverse split07/02/20251 for 100
Reverse split07/03/20071 for 1000

About Tim

Sector
Telecomunicações
Segment
Telecomunicações
Listing segment
Novo Mercado
Tag along
100.00%
Free float
32.45%
Shares issued
2.38B common
Average daily trading
R$151.3M
Ibovespa weight
0.55%
Listed since
10/13/2020
CNPJ
02.421.421/0001-11

A TIM S.A. é uma operadora brasileira de telecomunicações, com foco em serviços móveis de voz e dados para clientes de varejo e corporativos. A companhia também atua com conectividade fixa em mercados selecionados e produtos digitais associados à sua base de assinantes. A operação brasileira foi fundada em 1995 e é controlada por grupo internacional do setor de telecomunicações. A empresa expandiu cobertura nacional ao longo das últimas décadas e participa do processo de evolução tecnológica da indústria, incluindo redes de quarta e quinta gerações. Listada na B3, a TIM combina receita de planos pós-pagos e pré-pagos, venda de serviços de dados e ofertas convergentes. Sua estratégia comercial inclui eficiência de rede, monetização de base de clientes e serviços digitais complementares.

Investor website
ShareholdersAs of 12/31/2026, from the Formulário de Referência filed with the CVM.
ShareholderCommonPreferredTotal
TIM Brasil Serviços e Participações S.A.Controlling67.39%0.00%67.39%
Outros32.47%0.00%32.47%
Ações Tesouraria0.15%0.00%0.15%

Questions about TIMS3

How much is TIMS3 today?

TIMS3 is at R$18.12 (-2.21% on the day), last traded on 10/01/2026.

How much did TIMS3 pay in dividends in 2025?

TIMS3 paid R$2.20 per share in 2025, a dividend yield of 10.33%.

When is the next TIMS3 dividend?

The next announced payment is R$0.22 per share on 01/22/2027.

What are the P/E and P/B of TIMS3?

TIMS3 trades at a P/E of 10.02 and a P/B of 1.73.

How much did TIMS3 return in 12 months?

TIMS3 returned -14.64% in 12 months, with annualized volatility of 32.87% and a largest drawdown of -32.38%.

What sector is TIMS3 in?

Tim is in the Telecomunicações sector, Telecomunicações segment.