BVMF:HBRE3 Ratios and Metrics

Market cap in millions BRL. Fiscal year is January - December.

Millions BRL. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 6, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	356	307	623	465	908	-
Market Cap Growth	11.31%	-50.81%	33.95%	-48.75%	-	-
Enterprise Value	2,648	2,479	2,344	1,720	1,656	-
Last Close Price	3.46	2.23	4.54	3.37	6.58	-
PE Ratio	33.86	6.44	4.73	7.38	5.82	-
PS Ratio	1.71	1.90	4.62	3.83	10.97	-
PB Ratio	0.13	0.10	0.23	0.19	0.39	-
P/OCF Ratio	2.85	-	-	5.18	5.22	-
EV/Sales Ratio	12.75	15.32	17.38	14.15	20.00	-
EV/EBITDA Ratio	33.29	30.32	45.76	25.93	28.99	-
EV/EBIT Ratio	36.30	32.11	47.59	26.29	29.31	-
Debt / Equity Ratio	0.58	0.52	0.46	0.47	0.45	0.65
Debt / EBITDA Ratio	20.20	18.67	24.32	17.63	18.69	17.71
Asset Turnover	0.04	0.03	0.03	0.03	0.03	0.04
Quick Ratio	0.54	0.66	0.93	1.09	2.22	0.54
Current Ratio	1.57	1.64	1.65	1.20	2.38	0.61
Return on Equity (ROE)	3.33%	4.77%	10.27%	4.99%	9.72%	-1.99%
Return on Assets (ROA)	0.93%	0.99%	0.69%	1.02%	1.11%	1.24%
Return on Invested Capital (ROIC)	1.34%	1.63%	1.03%	1.52%	1.71%	-3.61%
Earnings Yield	2.55%	15.54%	21.14%	13.54%	17.20%	-
Buyback Yield / Dilution	13.76%	-	0.00%	0.00%	-58.78%	-3.60%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.