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São Martinho S.A. (SMTO3.SA)

BRL15.45 -0.67 (-4.16%)
BR SAO Consumer Defensive Food Confectioners
Address Fazenda São Martinho 14850-000
São Paulo, SP, BR
CEO Fabio Venturelli
IPO 2007-02-12
ISIN BRSMTOACNOR3

Explore sections of this company profile

Description

São Martinho S.A. is a Brazilian enterprise, operating through its subsidiaries, primarily engaged in the production and commercialization of sugar, ethanol, and a wide array of sugarcane-derived products. Its multifaceted business model encompasses segments such as Sugar, Ethanol, Electric Power, Real Estate, Yeast, and other offerings. The company provides various forms of raw sugar, alongside a diverse ethanol portfolio: hydrated ethanol for vehicle consumption, anhydrous ethanol as a gasoline additive, and industrial ethanol essential for paint, cosmetic, and alcoholic beverage production. Beyond these staples, São Martinho generates electricity by harnessing sugarcane bagasse and produces valuable byproducts like yeast, utilized in animal feed, and fusel oil, a solvent and source of pure amyl ethanol. Complementing its industrial operations, the company cultivates sugarcane, manages real estate development (including rental and sales), participates in the import and export of goods, develops land via agricultural leases and partnerships, undertakes real estate and mining exploitation, and offers general storage services. Founded in São Paulo, Brazil, in 1914, São Martinho S.A. is a subsidiary of LJN Participações S.A.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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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
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Price Chart
Averages
Trend
Price
Levels
Draw
BRL15.45 -0.67 (-4.16%)
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Volume Profile
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Liquidity & share structure
Average Volume
3M
Beta
-0.16
Float Shares
135.17M
Free Float %
41.9%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.06% -2.89% +7.13% -4.57% +25.66% +15.81% -18.77% -51.91% -49.53% -0.35% +117.24%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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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
15.45
DCF (Unlevered) 18.55 +20.1%
DCF (Levered) 34.30 +122.0%

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) 22% Bullish
Rating 2026-05 Change
Strong Buy 2 -1
Buy 0 0
Hold 7 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.94
Distress
Piotroski F-Score
7 / 9
Strong
MOAT Score
5 / 10
Developing
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
ROE Score
4 / 5
High
ROA Score
4 / 5
High
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Food Confectioners: +6.2%
    +3.8% Q1'26: +29.1% (vs Q1'25)
  • EPS growth Food Confectioners: +8.5%
    +51.5% Q1'26: -100.0% (vs Q1'25)
  • FCF margin FCF growth · Food Confectioners: +8.1%
    +13.5% Q1'26: +53.0% (vs Q1'25)
  • EBIT margin Food Confectioners: +8.2%
    +17.9% Q1'26: +18.4% (vs Q1'25)
  • ROIC Food Confectioners: +7.0%
    +10.2% Q1'26: +10.3% (vs Q1'25)
  • Share dilution Food Confectioners: +0.0%
    -0.7% Q1'26: -100.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Food Confectioners: 0.54×
    4.12× Q1'26: 3.06× (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 (-0.19) × ERP
WACC = 36% × Ke + 64% × Kd (7.9%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 18.60 Current price: 15.45
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 Mar 2015
actual
Mar 2016
actual
Mar 2017
actual
Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
7 Rev. Ana.
3 EPS Ana.
Mar 2027
2 Rev. Ana.
2 EPS Ana.
Mar 2028
8 Rev. Ana.
5 EPS Ana.
Mar 2029
4 Rev. Ana.
1 EPS Ana.
Revenue
1.92B
est: 2.36B (-18.8%)
2.34B
est: 2.77B (-15.4%)
2.61B
est: 3.01B (-13.2%)
3.44B
est: 3.60B (-4.6%)
3.36B
est: 3.37B (-0.2%)
3.69B
est: 3.78B (-2.2%)
4.31B
est: 4.35B (-1.0%)
5.72B
est: 5.79B (-1.3%)
6.63B
est: 6.44B (+2.9%)
6.89B
est: 7.19B (-4.2%)
7.16B
est: 7.38B (-2.9%)
7.37B
7.00B – 7.53B
-0.1% YoY
7.36B
7.35B – 7.36B
-0.2% YoY
8.14B
8.13B – 8.16B
+10.7% YoY
7.74B
7.74B – 7.75B
-4.9% YoY
EBITDA
707.17M
est: 1.24B (-42.9%)
1.02B
est: 1.45B (-29.6%)
1.26B
est: 1.58B (-20.2%)
1.86B
est: 1.89B (-1.9%)
1.10B
est: 1.77B (-37.7%)
1.65B
est: 1.98B (-16.6%)
2.07B
est: 2.28B (-9.3%)
3.91B
est: 3.04B (+28.4%)
3.96B
est: 3.38B (+17.1%)
3.60B
est: 3.78B (-4.8%)
2.45B
est: 3.87B (-36.8%)
3.87B
3.68B – 3.96B
-0.1% YoY
3.86B
3.86B – 3.86B
-0.2% YoY
4.28B
4.27B – 4.28B
+10.7% YoY
4.07B
4.07B – 4.07B
-4.9% YoY
EBIT
499.68M
est: 722.79M (-30.9%)
453.45M
est: 846.84M (-46.5%)
438.94M
est: 921.02M (-52.3%)
921.17M
est: 1.10B (-16.5%)
662.75M
est: 1.03B (-35.7%)
1.01B
est: 1.16B (-12.6%)
1.40B
est: 1.33B (+4.7%)
2.27B
est: 1.77B (+28.1%)
1.83B
est: 1.97B (-7.0%)
2.45B
est: 2.20B (+11.1%)
1.26B
est: 2.26B (-44.0%)
2.26B
2.14B – 2.31B
-0.1% YoY
2.25B
2.25B – 2.25B
-0.2% YoY
2.49B
2.49B – 2.50B
+10.7% YoY
2.37B
2.37B – 2.37B
-4.9% YoY
Net Income
286.06M
est: 331.66M (-13.8%)
206.95M
est: 330.76M (-37.4%)
283.87M
est: 443.82M (-36.0%)
491.71M
est: 561.16M (-12.4%)
314.05M
est: 406.81M (-22.8%)
639.01M
est: 616.29M (+3.7%)
927.12M
est: 835.91M (+10.9%)
1.48B
est: 1.37B (+8.0%)
1.02B
est: 1.01B (+0.1%)
1.48B
est: 1.31B (+12.8%)
556.73M
est: 548.38M (+1.5%)
836.18M
581.90M – 915.22M
+52.5% YoY
511.83M
368.70M – 661.00M
-38.8% YoY
671.99M
391.61M – 954.54M
+31.3% YoY
— – —
-100.0% YoY
SGA
230.20M
est: 199.96M (+15.1%)
240.29M
est: 234.28M (+2.6%)
249.75M
est: 254.80M (-2.0%)
299.85M
est: 305.15M (-1.7%)
292.29M
est: 285.15M (+2.5%)
355.07M
est: 319.86M (+11.0%)
430.31M
est: 368.45M (+16.8%)
453.74M
est: 490.98M (-7.6%)
485.96M
est: 545.49M (-10.9%)
598.72M
est: 609.41M (-1.8%)
602.63M
est: 625.07M (-3.6%)
624.38M
593.32M – 638.09M
-0.1% YoY
623.18M
622.85M – 623.51M
-0.2% YoY
689.71M
688.47M – 690.95M
+10.7% YoY
656.18M
655.84M – 656.53M
-4.9% YoY
EPS
0.85
est: 0.99 (-14.5%)
0.61
est: 0.99 (-38.5%)
0.84
est: 1.33 (-36.9%)
1.47
est: 1.68 (-12.7%)
0.96
est: 1.22 (-21.3%)
1.83
est: 1.85 (-1.0%)
2.68
est: 2.51 (+6.9%)
4.28
est: 4.11 (+4.1%)
2.93
est: 3.01 (-2.7%)
4.26
est: 3.95 (+7.7%)
1.67
est: 1.66 (+0.8%)
2.23
1.76 – 2.77
+34.9% YoY
1.56
1.11 – 2.00
-30.4% YoY
1.71
1.18 – 2.88
+10.1% YoY
— – —
-100.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-27 B 3/5 5/5 4/5 4/5 1/5 1/5 1/5
2026-05-26 A- 4/5 5/5 3/5 3/5 1/5 4/5 4/5
2026-05-25 A- 4/5 5/5 3/5 3/5 1/5 4/5 4/5
2026-05-22 A- 4/5 5/5 3/5 3/5 1/5 4/5 4/5
2026-05-21 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5
2026-05-20 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5
2026-05-19 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5
2026-05-18 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5
2026-05-15 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5
2026-05-14 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5
2026-05-13 A 4/5 5/5 3/5 4/5 1/5 4/5 5/5
2026-05-12 A 4/5 5/5 3/5 4/5 1/5 4/5 5/5
2026-05-11 A 4/5 5/5 3/5 4/5 1/5 4/5 5/5
2026-05-08 A 4/5 5/5 3/5 4/5 1/5 4/5 5/5
2026-05-07 A 4/5 5/5 3/5 4/5 1/5 4/5 5/5
2026-05-06 A 4/5 5/5 3/5 4/5 1/5 4/5 5/5
2026-05-05 A 4/5 5/5 3/5 4/5 1/5 4/5 5/5
2026-05-04 A 4/5 5/5 3/5 4/5 1/5 4/5 5/5
2026-04-30 A 4/5 5/5 3/5 4/5 1/5 4/5 5/5
2026-04-29 A 4/5 5/5 3/5 4/5 1/5 4/5 5/5
2026-04-28 A 4/5 5/5 3/5 4/5 1/5 4/5 5/5
2026-04-27 A 4/5 5/5 3/5 4/5 1/5 4/5 5/5
2026-04-24 A 4/5 5/5 3/5 4/5 1/5 4/5 5/5
2026-04-23 A 4/5 5/5 3/5 4/5 1/5 4/5 5/5
2026-04-22 A 4/5 5/5 3/5 4/5 1/5 4/5 5/5
2026-04-20 A 4/5 5/5 3/5 4/5 1/5 4/5 5/5
2026-04-17 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5
2026-04-16 A- 4/5 5/5 3/5 4/5 1/5 4/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-1.62B
OE per share TTM
-4.89
Owner's Yield
-28.49%
Maintenance CapEx ratio
245.43%
Maint CapEx / Avg PPE
167.0%

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 58 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 VanEck Brazil Small-Cap ETF BRF 1.28% 292.0K 0.60%
2 iShares MSCI Brazil Small-Cap ETF EWZS 0.79% 1.90M 0.59%
3 iShares MSCI Agriculture Producers ETF VEGI 0.09% 143.3K 0.39%
4 Avantis Emerging Markets Small Cap Equity ETF AVEE 0.06% 77.4K 0.42%
5 Avantis Emerging Markets Value ETF AVES 0.04% 543.5K 0.36%
6 State Street SPDR S&P Emerging Markets Small Cap ETF EWX 0.03% 201.0K 0.65%
7 iShares MSCI Emerging Markets Small-Cap ETF EEMS 0.03% 106.1K 0.72%
8 iShares MSCI EM Small Cap UCITS ETF IEMS.L 0.03% 96.4K 0.74%
9 State Street SPDR MSCI Emerging Markets Small Cap UCITS ETF EMSD.L 0.03% 163.9K 0.55%
10 Avantis Emerging Markets ex-China Equity ETF AVXC 0.02% 81.5K 0.33%

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
106.4K
Shares Outstanding
322.77M

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
Agnor Cunha Pavan Vice-President Director of Agroindustrial Superintendent & Member of Board of Executive Officers male
Carlos Fernando Zaneti De Andrade Agroindustrial Director of Santa Cruz Unit & Member of Board of Executive Officers male
Elias Eduardo Rosa Georges Legal, Compliance & Institutional Relations Director and Member of Board of Executive Officers male
Fabio Venturelli Chief Executive Officer & Member of Board of Executive Officers male
Felipe Vicchiato Chief Financial Officer, Investor Relation Director & Member of Board of Executive Officers male
Helder Luiz Gosling Commercial & Logistics Director and Member of Board of Executive Officers male
Ivan Barcellos Dalri Agroindustrial Director of Boa Vista & Member of Board of Executive Officers male
Luciana Cortes Carvas Human Resources, Health & Safety Officer and Member of Executive Board female
Marcos Helder Pavan Monaco Agroindustrial Director of Iracema Unit & Member of Board of Executive Officers male
Ricardo Azevedo Gonçalves Agroindustrial Director of São Martinho Mill & Member of Board of Executive Officers male
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

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits