Subscribe

JHSF Participações S.A. (JHSF3.SA)

BRL10.68 -0.03 (-0.28%)
BR SAO Real Estate Real Estate - Diversified
Address Continental Tower 05502-001
São Paulo, SP, BR
CEO Adilson Augusto Martins Jr.
IPO 2007-04-12
ISIN BRJHSFACNOR2

Explore sections of this company profile

Description

Operating through its various subsidiaries, JHSF Participações S.A. primarily specializes in the development and management of retail complexes. Its business is structured into four main segments: Recurring Income, Real Estate, Airport, and Hospitality (encompassing Hotels and Restaurants). Beyond its core activities, the company's scope extends to property development, the buying and selling of both residential and commercial properties, leasing commercial spaces, managing hotels, gastronomic establishments, and tourist ventures, as well as overseeing the operation of an airport facility and providing administrative support. The company was founded in 2006 and has its corporate headquarters in São Paulo, Brazil.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
BRL10.68 -0.03 (-0.28%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
6M
Beta
0.44
Float Shares
275.50M
Free Float %
41.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-1.33% -10.09% -11.73% +15.44% +57.34% +42.09% +123.25% +243.83% +120.59% +1,111.01% +223.84%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
10.68
DCF (Unlevered) 49.56 +364.0%
DCF (Levered) 3.93 -63.2%

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.

Ratings Trend (MoM) 83% Bullish
Rating 2026-05 Change
Strong Buy 1 0
Buy 4 0
Hold 1 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.66
Distress
Piotroski F-Score
8 / 9
Strong
MOAT Score
5 / 10
Developing
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
3 / 5
Medium
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
4 / 5
High
P/Book Score
4 / 5
High
Operational MOAT
✓ MOAT relativo ★ Strong MOAT
  • Revenue growth Real Estate - Diversified: +7.3%
    +116.4% Q1'26: +33.3% (vs Q1'25)
  • EPS growth Real Estate - Diversified: +24.5%
    +121.4% Q1'26: +5.9% (vs Q1'25)
  • FCF margin FCF growth · Real Estate - Diversified: +20.5%
    +109.3% Q1'26: -70.6% (vs Q1'25)
  • EBIT margin Real Estate - Diversified: +35.8%
    +75.8% Q1'26: +109.7% (vs Q1'25)
  • ROIC Real Estate - Diversified: +3.0%
    +30.3% Q1'26: +24.9% (vs Q1'25)
  • Share dilution Real Estate - Diversified: +0.0%
    -0.1% Q1'26: +1.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Real Estate - Diversified: 3.57×
    2.18× Q1'26: 2.23× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* 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.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.54) × ERP
WACC = 59% × Ke + 41% × Kd (8.9%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 40.08 Current price: 10.68
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
3 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Dec 2029
1 Rev. Ana.
Revenue
630.96M
est: 603.00M (+4.6%)
385.05M
est: 653.00M (-41.0%)
355.89M
est: 435.00M (-18.2%)
485.69M
est: 407.50M (+19.2%)
636.79M
est: 602.00M (+5.8%)
1.17B
est: 961.26M (+21.8%)
2.01B
est: 2.05B (-2.2%)
1.94B
est: 1.89B (+2.4%)
1.59B
est: 1.56B (+2.0%)
1.61B
est: 1.58B (+1.7%)
3.48B
est: 2.10B (+65.4%)
2.76B
2.52B – 3.00B
+31.4% YoY
2.68B
2.44B – 3.04B
-3.1% YoY
3.30B
3.01B – 3.67B
+23.4% YoY
3.57B
3.25B – 3.96B
+7.9% YoY
EBITDA
164.29M
est: 367.93M (-55.3%)
-184.93M
est: 398.44M (-146.4%)
179.06M
est: 265.42M (-32.5%)
338.85M
est: 248.64M (+36.3%)
610.75M
est: 367.32M (+66.3%)
645.06M
est: 586.53M (+10.0%)
1.32B
est: 1.25B (+5.6%)
1.12B
est: 1.15B (-2.7%)
617.21M
est: 1.02B (-39.7%)
1.40B
est: 1.03B (+35.8%)
2.69B
est: 1.38B (+95.2%)
1.81B
1.65B – 1.97B
+31.4% YoY
1.75B
1.60B – 1.99B
-3.1% YoY
2.16B
1.97B – 2.40B
+23.4% YoY
2.33B
2.13B – 2.59B
+7.9% YoY
EBIT
145.16M
est: 347.94M (-58.3%)
-224.91M
est: 376.79M (-159.7%)
165.19M
est: 251.00M (-34.2%)
325.31M
est: 235.13M (+38.4%)
585.99M
est: 347.36M (+68.7%)
619.53M
est: 554.66M (+11.7%)
1.26B
est: 1.18B (+6.4%)
1.06B
est: 1.09B (-2.9%)
561.95M
est: 973.16M (-42.3%)
1.33B
est: 984.24M (+35.3%)
2.64B
est: 1.31B (+101.3%)
1.72B
1.57B – 1.87B
+31.4% YoY
1.67B
1.52B – 1.89B
-3.1% YoY
2.06B
1.88B – 2.28B
+23.4% YoY
2.22B
2.02B – 2.46B
+7.9% YoY
Net Income
108.38M
est: 13.57M (+698.6%)
-260.19M
est: -169.64M (-53.4%)
-22.65M
est: -54.28M (+58.3%)
182.33M
est: -74.64M (+344.3%)
322.23M
est: -108.57M (+396.8%)
643.71M
est: 485.17M (+32.7%)
1.00B
est: 979.39M (+2.5%)
642.28M
est: 531.44M (+20.9%)
452.53M
est: 166.23M (+172.2%)
854.42M
est: 474.22M (+80.2%)
1.89B
est: 577.31M (+228.0%)
658.90M
657.53M – 854.11M
+14.1% YoY
727.00M
542.29M – 738.87M
+10.3% YoY
822.00M
738.35M – 952.35M
+13.1% YoY
— – —
-100.0% YoY
SGA
106.92M
est: 108.82M (-1.7%)
119.81M
est: 117.85M (+1.7%)
113.45M
est: 78.50M (+44.5%)
127.90M
est: 73.54M (+73.9%)
143.01M
est: 108.64M (+31.6%)
168.26M
est: 173.48M (-3.0%)
258.72M
est: 370.58M (-30.2%)
336.21M
est: 341.08M (-1.4%)
350.58M
est: 288.99M (+21.3%)
379.55M
est: 292.28M (+29.9%)
577.63M
est: 388.99M (+48.5%)
510.95M
466.56M – 555.33M
+31.4% YoY
495.32M
451.10M – 561.27M
-3.1% YoY
610.99M
557.20M – 677.83M
+23.4% YoY
659.26M
601.22M – 731.38M
+7.9% YoY
EPS
0.21
est: 0.02 (+950.0%)
-0.50
est: -0.25 (-100.0%)
-0.04
est: -0.08 (+46.1%)
0.35
est: -0.11 (+418.2%)
0.59
est: -0.16 (+468.8%)
0.97
est: 0.72 (+35.7%)
1.46
est: 1.44 (+1.2%)
0.94
est: 0.77 (+22.1%)
0.67
est: 0.25 (+173.0%)
1.26
est: 0.69 (+82.6%)
2.84
est: 0.84 (+238.1%)
1.12
0.97 – 1.26
+32.7% YoY
0.95
0.80 – 1.09
-15.2% YoY
1.23
1.09 – 1.40
+30.2% YoY
— – —
-100.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 A 4/5 3/5 5/5 5/5 2/5 4/5 4/5
2026-05-11 A 4/5 3/5 5/5 5/5 2/5 4/5 4/5
2026-05-08 A 4/5 3/5 5/5 5/5 2/5 4/5 4/5
2026-05-07 A 4/5 3/5 5/5 5/5 2/5 4/5 4/5
2026-05-06 A 4/5 3/5 5/5 5/5 2/5 4/5 4/5
2026-05-05 A 4/5 3/5 5/5 5/5 2/5 4/5 4/5
2026-05-04 A 4/5 3/5 5/5 5/5 2/5 4/5 4/5
2026-04-30 A 4/5 3/5 5/5 5/5 2/5 4/5 4/5
2026-04-29 A 4/5 3/5 5/5 5/5 2/5 4/5 4/5
2026-04-28 A 4/5 3/5 5/5 5/5 2/5 4/5 4/5
2026-04-27 A 4/5 3/5 5/5 5/5 2/5 4/5 4/5
2026-04-24 A 4/5 3/5 5/5 5/5 2/5 4/5 4/5
2026-04-23 A 4/5 3/5 5/5 5/5 1/5 4/5 4/5
2026-04-22 A 4/5 3/5 5/5 5/5 1/5 4/5 4/5
2026-04-20 A 4/5 3/5 5/5 5/5 1/5 4/5 4/5
2026-04-17 A- 4/5 1/5 5/5 5/5 1/5 4/5 4/5
2026-04-16 A- 4/5 1/5 5/5 5/5 1/5 4/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
4.40B
OE per share TTM
6.49
Owner's Yield
52.12%
Maintenance CapEx ratio
100.87%
Maint CapEx / Avg PPE
88.0%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 59 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 VanEck Brazil Small-Cap ETF BRF 2.00% 456.8K 0.60%
2 iShares MSCI Brazil Small-Cap ETF EWZS 1.12% 2.71M 0.59%
3 Avantis Emerging Markets Small Cap Equity ETF AVEE 0.07% 87.1K 0.42%
4 FlexShares Morningstar Emerging Markets Factor Tilt Index Fund TLTE 0.07% 233.5K 0.58%
5 Vanguard Global ex-U.S. Real Estate ETF VNQI 0.06% 2.40M 0.12%
6 Avantis Emerging Markets Value ETF AVES 0.06% 850.1K 0.36%
7 State Street SPDR S&P Emerging Markets Small Cap ETF EWX 0.04% 297.8K 0.65%
8 iShares MSCI EM Small Cap UCITS ETF IEMS.L 0.04% 142.6K 0.74%
9 iShares MSCI Emerging Markets Small-Cap ETF EEMS 0.04% 151.1K 0.72%
10 Dimensional - Emerging Markets ex China Core Equity ETF DEXC 0.04% 118.6K 0.56%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
659.2K
Shares Outstanding
668.71M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Adilson Augusto Martins Jr. Chief Executive Officer, Member of Executive Board & Director male
Breno Perez Vicente Chief Financial Officer & Investor Relations Officer and Member of Executive Board male
Joao Alves Meira Neto Chief Legal Officer, Legal Director & Member of the Board of Executive Officers male
Karine Monteiro De Oliveira Chief People & Mgmt Officer, Human Resources Officer & Member of the Board of Executive Officer
Mara Boaventura Dias Chief Investor Relations Officer, Investor Relations Officer & Member of Board of Executive Officers female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits