Hidrovias do Brasil S.A. (HBSA3.SA)
São Paulo, SP, BR
Hidrovias do Brasil S.A. (HBSA) is a Latin American company specializing in comprehensive, end-to-end logistics solutions. Its diverse offerings include freight warehousing and handling, brokerage and agency services, domestic maritime transport (cabotage), general storage and distribution, specialized terminal management, inland waterway shipping, and the leasing of navigation assets. Additionally, the company operates a dedicated financial services unit. HBSA organizes its operations across distinct logistics corridors. The Southern Corridor primarily focuses on the riverine transport of bulk commodities – including grains, fertilizers, and iron ore – across the Paraná-Paraguay waterway, as well as pulp via the Uruguay River. Further supporting this, it operates a grain terminal in Montevideo. The Northern Corridor encompasses the Miritituba transshipment station and the private Barcarena terminal. This segment is bolstered by its proprietary fleet of pushboats and barges for efficient cargo movement. Established in 2010, Hidrovias do Brasil S.A. is headquartered in São Paulo, Brazil.
No mergers or acquisitions recorded for this company.
| Indicator | 1D | 1W | 2W | 3W | 1M |
|---|
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
| 1D | 5D | 1M | 3M | 6M | YTD | 1Y | 3Y | 5Y | 10Y | Max |
|---|---|---|---|---|---|---|---|---|---|---|
| -2.89% | -3.17% | -17.24% | -15.15% | -12.50% | -5.08% | +15.46% | +20.43% | -50.15% | -54.72% | -54.72% |
Revenue flow
Revenue by geography
Revenue by segment
Revenue composition
By product
By geography
Income Statement
Balance Sheet
Cash Flow Statement
Key Metrics
Financial Ratios
Employees
Financial Growth (CAGR)
Market Data
DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.
| Rating | 2026-05 | Change |
|---|---|---|
| Strong Buy | 2 | 0 |
| Buy | 2 | 0 |
| Hold | 2 | 0 |
| Sell | 0 | 0 |
| Strong Sell | 1 | 0 |
-
Revenue growth Integrated Freight & Logistics: +6.5%+65.7% ★ Q1'26: -7.6% (vs Q1'25)
-
EPS growth Integrated Freight & Logistics: +7.1%+84.4% ★ Q1'26: -182.3% (vs Q1'25)
-
FCF margin FCF growth · Integrated Freight & Logistics: +60.0%+11.2% Q1'26: -29.7% (vs Q1'25)
-
EBIT margin Integrated Freight & Logistics: +6.9%+27.1% ★ Q1'26: +11.4% (vs Q1'25)
-
ROIC Integrated Freight & Logistics: +6.4%+7.6% ★ Q1'26: +4.2% (vs Q1'25)
-
Share dilution Integrated Freight & Logistics: +0.1%+43.3% Q1'26: +78.9% (vs Q1'25)
-
Debt / EBITDA Net debt/EBITDA · Integrated Freight & Logistics: 0.95×3.81× Q1'26: 6.53× (vs Q1'25)
* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.
| Metric |
Dec 2020 actual |
Dec 2021 actual |
Dec 2022 actual |
Dec 2023 actual |
Dec 2024 actual |
Dec 2025 actual |
Dec 2026 4 Rev. Ana. 2 EPS Ana. |
Dec 2027 5 Rev. Ana. 3 EPS Ana. |
Dec 2028 3 Rev. Ana. 2 EPS Ana. |
|---|---|---|---|---|---|---|---|---|---|
| Revenue |
1.46B
est: 1.47B (-0.7%)
|
1.12B
est: 1.22B (-8.8%)
|
1.77B
est: 1.73B (+2.1%)
|
1.92B
est: 1.65B (+16.6%)
|
1.35B
est: 1.67B (-19.1%)
|
2.24B
est: 2.24B (+0.2%)
|
2.34B
2.30B – 2.41B
+4.7% YoY
|
2.66B
2.39B – 2.85B
+13.4% YoY
|
2.82B
2.76B – 2.87B
+6.0% YoY
|
| EBITDA |
385.01M
est: 476.61M (-19.2%)
|
462.77M
est: 396.14M (+16.8%)
|
752.80M
est: 560.62M (+34.3%)
|
715.10M
est: 591.94M (+20.8%)
|
194.15M
est: 599.30M (-67.6%)
|
978.94M
est: 802.15M (+22.0%)
|
840.08M
826.32M – 862.36M
+4.7% YoY
|
952.42M
857.04M – 1.02B
+13.4% YoY
|
1.01B
989.16M – 1.03B
+6.0% YoY
|
| EBIT |
161.25M
est: 138.83M (+16.2%)
|
124.77M
est: 115.39M (+8.1%)
|
303.15M
est: 163.29M (+85.6%)
|
367.68M
est: 208.75M (+76.1%)
|
-224.48M
est: 211.34M (-206.2%)
|
607.01M
est: 282.88M (+114.6%)
|
296.26M
291.41M – 304.12M
+4.7% YoY
|
335.88M
302.24M – 360.27M
+13.4% YoY
|
356.11M
348.83M – 363.39M
+6.0% YoY
|
| Net Income |
-105.55M
est: -77.65M (-35.9%)
|
-339.13M
est: -221.68M (-53.0%)
|
-8.16M
est: 165.89M (-104.9%)
|
17.60M
est: -375.15M (+104.7%)
|
-621.70M
est: -303.27M (-105.0%)
|
-140.92M
est: 211.36M (-166.7%)
|
257.56M
250.96M – 264.16M
+21.9% YoY
|
384.36M
358.74M – 409.99M
+49.2% YoY
|
444.58M
424.18M – 464.99M
+15.7% YoY
|
| SGA |
198.34M
est: 269.47M (-26.4%)
|
240.44M
est: 223.97M (+7.4%)
|
326.73M
est: 316.96M (+3.1%)
|
300.08M
est: 301.85M (-0.6%)
|
302.26M
est: 305.60M (-1.1%)
|
301.05M
est: 409.04M (-26.4%)
|
428.38M
421.37M – 439.74M
+4.7% YoY
|
485.67M
437.03M – 520.93M
+13.4% YoY
|
514.92M
504.40M – 525.45M
+6.0% YoY
|
| EPS |
-0.14
est: -0.10 (-46.0%)
|
-0.45
est: -0.27 (-64.4%)
|
-0.01
est: 0.20 (-105.0%)
|
0.02
est: -0.33 (+107.1%)
|
-0.77
est: -0.26 (-192.8%)
|
-0.12
est: 0.18 (-165.9%)
|
0.22
0.22 – 0.23
+21.9% YoY
|
0.33
0.31 – 0.35
+49.2% YoY
|
0.38
0.37 – 0.40
+15.7% YoY
|
| Date | Rating | Overall | DCF | ROE | ROA | D/E | P/E | P/B |
|---|---|---|---|---|---|---|---|---|
| 2026-05-12 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 2/5 |
| 2026-05-11 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-05-08 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-05-07 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-05-06 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-05-05 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-05-04 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-30 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-29 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-28 | C | 2/5 | 4/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-27 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-24 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-23 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-22 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-20 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-17 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
| 2026-04-16 | C | 2/5 | 3/5 | 1/5 | 1/5 | 1/5 | 1/5 | 3/5 |
Owner Earnings
Ownership Overview
Ownership breakdown not available.
No beneficial ownership filings recorded.
Institutional Activity (13F)
Institutional history not available.
Top holders not available.
ETF Ownership
| # | ETF | Weight | Est. AUM exposure | TER |
|---|---|---|---|---|
| 1 | VanEck Brazil Small-Cap ETF BRF | 0.62% | 140.7K | 0.60% |
| 2 | iShares MSCI Brazil Small-Cap ETF EWZS | 0.61% | 1.48M | 0.59% |
| 3 | Avantis Emerging Markets Small Cap Equity ETF AVEE | 0.04% | 53.3K | 0.42% |
| 4 | State Street SPDR S&P Emerging Markets Small Cap ETF EWX | 0.04% | 262.9K | 0.65% |
| 5 | State Street SPDR MSCI Emerging Markets Small Cap UCITS ETF EMSD.L | 0.03% | 174.6K | 0.55% |
| 6 | iShares MSCI Emerging Markets Small-Cap ETF EEMS | 0.03% | 97.7K | 0.72% |
| 7 | iShares MSCI EM Small Cap UCITS ETF IEMS.L | 0.02% | 71.2K | 0.74% |
| 8 | Avantis Emerging Markets Value ETF AVES | 0.02% | 246.4K | 0.36% |
| 9 | Avantis Responsible Emerging Markets Equity ETF AVSE | 0.01% | 22.5K | 0.33% |
| 10 | Vanguard FTSE All-World ex-US Small-Cap ETF VSS | 0.01% | 1.36M | 0.06% |
Insider Activity
No insider activity available.
Insider history not available.
No recent insider transactions.
Executive team
Executive compensation
Executive compensation not available.
No CEO compensation history available.
Proxy statements
No proxy statements available for this company yet.
Recent SEC filings
No SEC filings available for this company yet.
Executive team
| Name | Title | Compensation | Gender |
|---|---|---|---|
| Andre Saleme Hachem | Member of Executive Board, Chief Financial Officer & Investor Relations Director | — | male |
| Carlos Arruti | Legal & Regulatory Director and Member of Executive Board | — | male |
| Decio de Sampaio Amaral | Chief Executive Officer & Member of Executive Board | — | male |
| Harro Ricardo Schlorke Burmann | Operations Director & Member of Executive Board | — | male |
No data available for this company.
No Senate trading activity found for this company.
No House trading activity found for this company.
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Community Opinion for HBSA3.SA
Short-term intention
Target Price Distribution
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