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Santos Brasil Participações

BOVESPA:STBP3
Snowflake Description

Reasonable growth potential with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
STBP3
BOVESPA
R$2B
Market Cap
  1. Home
  2. BR
  3. Transportation
Company description

Santos Brasil Participações S.A., through its subsidiaries, provides port container handling and logistics services in Brazil. The last earnings update was 30 days ago. More info.


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  • Santos Brasil Participações has significant price volatility in the past 3 months.
STBP3 Share Price and Events
7 Day Returns
-17.1%
BOVESPA:STBP3
-7.4%
South America Infrastructure
-2.9%
BR Market
1 Year Returns
-3.1%
BOVESPA:STBP3
-24.3%
South America Infrastructure
-22%
BR Market
STBP3 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Santos Brasil Participações (STBP3) -17.1% -36.2% -55.8% -3.1% 67.3% -
South America Infrastructure -7.4% -33.7% -38.9% -24.3% -29.9% -12.2%
BR Market -2.9% -30.3% -36.2% -22% 6.9% 18%
1 Year Return vs Industry and Market
  • STBP3 outperformed the Infrastructure industry which returned -24.3% over the past year.
  • STBP3 outperformed the Market in Brazil which returned -22% over the past year.
Price Volatility
STBP3
Industry
5yr Volatility vs Market
Related Companies

STBP3 Value

 Is Santos Brasil Participações undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Santos Brasil Participações to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Santos Brasil Participações.

BOVESPA:STBP3 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 14.7%
Perpetual Growth Rate 10-Year BR Government Bond Rate 7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BOVESPA:STBP3
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year BR Govt Bond Rate 7%
Equity Risk Premium S&P Global 9.3%
Infrastructure Unlevered Beta Simply Wall St/ S&P Global 0.67
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.669 (1 + (1- 34%) (18.76%))
0.834
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.83
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 6.96% + (0.834 * 9.25%)
14.67%

Discounted Cash Flow Calculation for BOVESPA:STBP3 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Santos Brasil Participações is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

BOVESPA:STBP3 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (BRL, Millions) Source Present Value
Discounted (@ 14.67%)
2020 109.00 Analyst x1 95.05
2021 97.33 Analyst x3 74.02
2022 184.50 Analyst x2 122.35
2023 212.00 Analyst x1 122.60
2024 235.38 Est @ 11.03% 118.70
2025 258.46 Est @ 9.81% 113.66
2026 281.60 Est @ 8.95% 107.99
2027 305.12 Est @ 8.35% 102.04
2028 329.34 Est @ 7.94% 96.04
2029 354.51 Est @ 7.64% 90.15
Present value of next 10 years cash flows R$1,042.00
BOVESPA:STBP3 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= R$354.51 × (1 + 6.96%) ÷ (14.67% – 6.96%)
R$4,915.68
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= R$4,915.68 ÷ (1 + 14.67%)10
R$1,250.09
BOVESPA:STBP3 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= R$1,042.00 + R$1,250.09
R$2,292.09
Equity Value per Share
(BRL)
= Total value / Shares Outstanding
= R$2,292.09 / 667.66
R$3.43
BOVESPA:STBP3 Discount to Share Price
Calculation Result
Value per share (BRL) From above. R$3.43
Current discount Discount to share price of R$3.73
= -1 x (R$3.73 - R$3.43) / R$3.43
-8.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Santos Brasil Participações is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Santos Brasil Participações's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Santos Brasil Participações's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BOVESPA:STBP3 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in BRL R$0.02
BOVESPA:STBP3 Share Price ** BOVESPA (2020-04-03) in BRL R$3.73
South America Infrastructure Industry PE Ratio Median Figure of 17 Publicly-Listed Infrastructure Companies 11.77x
Brazil Market PE Ratio Median Figure of 231 Publicly-Listed Companies 11.32x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Santos Brasil Participações.

BOVESPA:STBP3 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BOVESPA:STBP3 Share Price ÷ EPS (both in BRL)

= 3.73 ÷ 0.02

161.54x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Santos Brasil Participações is overvalued based on earnings compared to the South America Infrastructure industry average.
  • Santos Brasil Participações is overvalued based on earnings compared to the Brazil market.
Price based on expected Growth
Does Santos Brasil Participações's expected growth come at a high price?
Raw Data
BOVESPA:STBP3 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 161.54x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
42.3%per year
South America Infrastructure Industry PEG Ratio Median Figure of 6 Publicly-Listed Infrastructure Companies 1.49x
Brazil Market PEG Ratio Median Figure of 118 Publicly-Listed Companies 0.9x

*Line of best fit is calculated by linear regression .

BOVESPA:STBP3 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 161.54x ÷ 42.3%

3.82x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Santos Brasil Participações is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Santos Brasil Participações's assets?
Raw Data
BOVESPA:STBP3 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in BRL R$2.03
BOVESPA:STBP3 Share Price * BOVESPA (2020-04-03) in BRL R$3.73
South America Infrastructure Industry PB Ratio Median Figure of 22 Publicly-Listed Infrastructure Companies 1.33x
Brazil Market PB Ratio Median Figure of 279 Publicly-Listed Companies 1.15x
BOVESPA:STBP3 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BOVESPA:STBP3 Share Price ÷ Book Value per Share (both in BRL)

= 3.73 ÷ 2.03

1.84x

* Primary Listing of Santos Brasil Participações.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Santos Brasil Participações is overvalued based on assets compared to the South America Infrastructure industry average.
X
Value checks
We assess Santos Brasil Participações's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Infrastructure industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Infrastructure industry average (and greater than 0)? (1 check)
  5. Santos Brasil Participações has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

STBP3 Future Performance

 How is Santos Brasil Participações expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
42.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Santos Brasil Participações expected to grow at an attractive rate?
  • Santos Brasil Participações's earnings growth is expected to exceed the low risk savings rate of 7%.
Growth vs Market Checks
  • Santos Brasil Participações's earnings growth is expected to exceed the Brazil market average.
  • Santos Brasil Participações's revenue growth is expected to exceed the Brazil market average.
Annual Growth Rates Comparison
Raw Data
BOVESPA:STBP3 Future Growth Rates Data Sources
Data Point Source Value (per year)
BOVESPA:STBP3 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 42.3%
BOVESPA:STBP3 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 13.8%
South America Infrastructure Industry Earnings Growth Rate Market Cap Weighted Average 10.3%
South America Infrastructure Industry Revenue Growth Rate Market Cap Weighted Average 5.4%
Brazil Market Earnings Growth Rate Market Cap Weighted Average 17.5%
Brazil Market Revenue Growth Rate Market Cap Weighted Average 8.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BOVESPA:STBP3 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in BRL Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BOVESPA:STBP3 Future Estimates Data
Date (Data in BRL Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 1,691 99 2
2022-12-31 1,418 305 78 3
2021-12-31 1,247 284 78 6
2020-12-31 907 198 -9 2
2020-04-04
BOVESPA:STBP3 Past Financials Data
Date (Data in BRL Millions) Revenue Cash Flow Net Income *
2019-12-31 973 99 15
2019-09-30 964 95 9
2019-06-30 969 71 10
2019-03-31 935 81 0
2018-12-31 922 75 3
2018-09-30 911 103 18
2018-06-30 863 87 7
2018-03-31 822 95 -11
2017-12-31 824 108 -5
2017-09-30 820 105 -24
2017-06-30 836 132 -24
2017-03-31 848 121 -7

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Santos Brasil Participações's earnings are expected to grow significantly at over 20% yearly.
  • Santos Brasil Participações's revenue is expected to grow by 13.8% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BOVESPA:STBP3 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from Santos Brasil Participações Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BOVESPA:STBP3 Future Estimates Data
Date (Data in BRL Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31 0.13 0.13 0.13 1.00
2021-12-31 0.14 0.21 0.08 2.00
2020-12-31 -0.01 -0.01 -0.01 1.00
2020-04-04
BOVESPA:STBP3 Past Financials Data
Date (Data in BRL Millions) EPS *
2019-12-31 0.02
2019-09-30 0.01
2019-06-30 0.02
2019-03-31 0.00
2018-12-31 0.00
2018-09-30 0.03
2018-06-30 0.01
2018-03-31 -0.02
2017-12-31 -0.01
2017-09-30 -0.04
2017-06-30 -0.03
2017-03-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Santos Brasil Participações is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Santos Brasil Participações's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the South America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the South America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Santos Brasil Participações has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

STBP3 Past Performance

  How has Santos Brasil Participações performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Santos Brasil Participações's growth in the last year to its industry (Infrastructure).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Santos Brasil Participações's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Santos Brasil Participações's 1-year earnings growth exceeds its 5-year average (416.1% vs -20.7%)
  • Santos Brasil Participações's earnings growth has exceeded the South America Infrastructure industry average in the past year (416.1% vs 8.3%).
Earnings and Revenue History
Santos Brasil Participações's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Santos Brasil Participações Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BOVESPA:STBP3 Past Revenue, Cash Flow and Net Income Data
Date (Data in BRL Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 972.59 15.38 187.10
2019-09-30 963.81 8.76 187.23
2019-06-30 969.33 10.19 191.38
2019-03-31 935.02 -0.11 191.05
2018-12-31 921.52 2.98 188.65
2018-09-30 910.94 17.65 185.92
2018-06-30 862.62 7.48 170.89
2018-03-31 821.55 -11.22 163.21
2017-12-31 824.05 -5.32 162.58
2017-09-30 820.23 -24.27 146.17
2017-06-30 835.55 -24.32 149.02
2017-03-31 848.30 -7.39 141.71
2016-12-31 829.25 -19.91 144.64
2016-09-30 832.21 -47.57 87.91
2016-06-30 834.69 -57.08 130.21
2016-03-31 864.49 -46.62 91.96
2015-12-31 964.32 -18.13 147.80
2015-09-30 966.66 28.16 205.58
2015-06-30 990.08 54.92 155.87
2015-03-31 1,020.43 75.36 191.69
2014-12-31 1,003.55 91.56 134.55
2014-09-30 1,146.73 152.25 155.55
2014-06-30 1,233.97 181.25 170.09
2014-03-31 1,304.04 211.87 174.94
2013-12-31 1,377.35 255.06 177.43
2013-09-30 1,364.43 262.55 173.43
2013-06-30 1,382.97 296.97 164.15

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Santos Brasil Participações has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Santos Brasil Participações used its assets less efficiently than the South America Infrastructure industry average last year based on Return on Assets.
  • Santos Brasil Participações has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Santos Brasil Participações's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Infrastructure industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Santos Brasil Participações has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

STBP3 Health

 How is Santos Brasil Participações's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Santos Brasil Participações's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Santos Brasil Participações is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Santos Brasil Participações's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Santos Brasil Participações's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Santos Brasil Participações Company Filings, last reported 3 months ago.

BOVESPA:STBP3 Past Debt and Equity Data
Date (Data in BRL Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 1,352.38 436.40 425.44
2019-09-30 1,357.50 460.89 464.24
2019-06-30 1,342.81 480.11 460.31
2019-03-31 1,337.19 217.89 249.32
2018-12-31 1,341.13 227.40 253.66
2018-09-30 1,336.44 208.77 247.91
2018-06-30 1,326.47 218.14 247.51
2018-03-31 1,331.03 220.49 253.44
2017-12-31 1,330.82 233.20 270.73
2017-09-30 1,375.81 234.88 232.33
2017-06-30 1,371.47 277.26 270.78
2017-03-31 1,391.82 167.47 145.73
2016-12-31 1,389.13 232.69 192.56
2016-09-30 1,391.95 233.16 164.67
2016-06-30 1,391.53 267.25 173.31
2016-03-31 1,395.76 297.02 208.30
2015-12-31 1,407.22 339.06 231.64
2015-09-30 1,434.93 365.47 242.89
2015-06-30 1,444.00 324.23 175.13
2015-03-31 1,437.20 335.98 227.97
2014-12-31 1,429.16 357.95 220.06
2014-09-30 1,472.59 357.25 202.91
2014-06-30 1,454.79 353.48 137.10
2014-03-31 1,429.37 307.36 143.28
2013-12-31 1,447.97 321.69 126.36
2013-09-30 1,526.84 366.88 203.66
2013-06-30 1,480.17 375.20 144.31
  • Santos Brasil Participações's level of debt (32.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (25% vs 32.3% today).
  • Debt is well covered by operating cash flow (22.7%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.6x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Santos Brasil Participações's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Santos Brasil Participações has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

STBP3 Dividends

 What is Santos Brasil Participações's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.11%
Current annual income from Santos Brasil Participações dividends. Estimated to be 1.79% next year.
If you bought R$2,000 of Santos Brasil Participações shares you are expected to receive R$2 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Santos Brasil Participações's pays a lower dividend yield than the bottom 25% of dividend payers in Brazil (2.28%).
  • Santos Brasil Participações's dividend is below the markets top 25% of dividend payers in Brazil (6.75%).
Upcoming dividend payment

Purchase Santos Brasil Participações before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BOVESPA:STBP3 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
South America Infrastructure Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 5.7%
Brazil Market Average Dividend Yield Market Cap Weighted Average of 166 Stocks 5.2%
Brazil Minimum Threshold Dividend Yield 10th Percentile 0.9%
Brazil Bottom 25% Dividend Yield 25th Percentile 2.3%
Brazil Top 25% Dividend Yield 75th Percentile 6.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BOVESPA:STBP3 Future Dividends Estimate Data
Date (Data in R$) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31 0.18 2.00
2021-12-31 0.05 4.00
2020-12-31 0.03 4.00
2020-04-04
BOVESPA:STBP3 Past Annualized Dividends Data
Date (Data in R$) Dividend per share (annual) Avg. Yield (%)
2020-03-05 0.004 0.102
2019-02-21 0.004 0.080

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Santos Brasil Participações is not paying a notable dividend for Brazil, therefore no need to check if the payments are stable.
  • Santos Brasil Participações is not paying a notable dividend for Brazil, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Santos Brasil Participações's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Santos Brasil Participações's dividends as it is not paying a notable one for Brazil.
Future Payout to shareholders
  • Dividends after 3 years are not well covered by earnings (1.1x coverage).
X
Income/ dividend checks
We assess Santos Brasil Participações's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Santos Brasil Participações afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Santos Brasil Participações has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

STBP3 Management

 What is the CEO of Santos Brasil Participações's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Antônio Carlos Sepúlveda
TENURE AS CEO 10.1 years
CEO Bio

Mr. Antônio Carlos Duarte Sepúlveda has been the Chief Executive Officer of Santos-Brasil Participacoes S.A since March 2010 and is its Interim Operations Officer since 2019 and is its Member of Executive Board and served as its Chief Operating Officer and Member of Executive Board. Mr. Duarte Sepúlveda has been the Chief Executive Officer of Numeral 80 Participações S.A. since March 2010 and served as its Chief Operating Officer and Member of Executive Board. Mr. Duarte Sepúlveda serves as the Chief Executive Officer of Santos-Brasil S.A and serves as its Member of Executive Board. He served as the Chief Operating Officer at Santos-Brasil S.A since 2002. He served as the Chief Operations Officer of Numeral 80 Participações S.A. He has served in the Port Industry since 1992 and in Santos-Brasil SA since 2000. He serves as Member of Executive Board of Santos Brasil Participações SA. Mr. Duarte Sepúlveda holds a Bachelors Degree in Civil Engineering from the Universidade Federal da Bahia and an MBA from the Saint Joseph’s University of Philadelphia.

CEO Compensation
  • Insufficient data for Antônio Carlos to compare compensation growth.
  • Insufficient data for Antônio Carlos to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team Tenure

Average tenure of the Santos Brasil Participações management team in years:

3.5
Average Tenure
  • The tenure for the Santos Brasil Participações management team is about average.
Management Team

Antônio Carlos Sepúlveda

TITLE
CEO, Interim Operations Officer & Member of Executive Board
TENURE
10.1 yrs

Daniel Dorea

TITLE
Economic-Financial Director of Finances
TENURE
3.5 yrs

Ricardo dos Buteri

TITLE
Chief Commercial Officer & Member of Executive Board
TENURE
1.3 yrs

Milton Júnior

TITLE
Controllership Manager
Board of Directors

Verônica Dantas

TITLE
President of the Board
AGE
62

Maria Amalia de Melo Coutrim

TITLE
Vice President of the Board
AGE
61

Gilberto Braga

TITLE
President of Fiscal Council
AGE
59

Eduardo de Azevedo

TITLE
Independent Director

Ricardo Wajnberg

TITLE
Independent Director

Valdecyr Gomes

TITLE
Independent Director

Jose Bringel Vidal

TITLE
Independent Director

Felipe Dias

TITLE
Independent Director

Leonardo Pinto

TITLE
Member of Fiscal Council

Ana Lima

TITLE
Alternate Director
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (R$) Value (R$)
X
Management checks
We assess Santos Brasil Participações's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Santos Brasil Participações has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

STBP3 News

Simply Wall St News

STBP3 Company Info

Description

Santos Brasil Participações S.A., through its subsidiaries, provides port container handling and logistics services in Brazil. The company operates container terminals, including Tecon Santos located in the State of São Paulo; Tecon Vila do Conde located in Barcarena, State of Pará; and Tecon Imbituba situated in the Port of Imbituba, State of Santa Catarina. It also operates TCG Imbituba general cargo terminal in the State of Santa Catarina; and a vehicle handling terminal in the Port of Santos, State of São Paulo. In addition, the company offers logistic, warehousing, transportation, and distribution services to port terminals and value added services for its customers, as well as special cargo and project solutions. Further, it provides integrated logistics and customized logistics solution development services and related activities. The company serves shipping companies, owners of vessels and containers, and import and export clients in various segments, such as automotive, auto parts, chemicals, petrochemicals, pharmaceuticals, food, electronics, consumer goods, and agribusiness. Santos Brasil Participações S.A. was founded in 1997 and is headquartered in São Paulo, Brazil.

Details
Name: Santos Brasil Participações S.A.
STBP3
Exchange: BOVESPA
Founded: 1997
R$2,490,383,694
667,663,189
Website: http://www.santosbrasil.com.br
Address: Santos Brasil Participações S.A.
Rua Dr. Eduardo de Souza Aranha, No. 387,
2nd Floor,
São Paulo,
São Paulo, 04543-121,
Brazil
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BOVESPA STBP3 New Common Shares Bolsa de Valores de Sao Paulo BR BRL 22. Aug 2016
Number of employees
Current staff
Staff numbers
3,041
Santos Brasil Participações employees.
Industry
Marine Ports and Services
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/04 18:04
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2020/03/30
Last earnings filing: 2020/03/05
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.