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Dados B3 › Stocks › FESA4

Basic Materials

CIA FERRO LIGAS BAHIA FERBASA

FESA4 — CIA FERRO LIGAS BAHIA FERBASA

CNPJ 15.141.799/0001-03 · listed classes: FESA4, FESA3 · CVM code 3069

Fabricação e comercialização dos diversos tipos de ferroligasAs filed by the company in its registration form (FCA), reference 2026-01-01 · CVM sector: Metalurgia e Siderurgia

Nível 1 de Governança Corporativalisting segment
1961founded
Pojuca · BAheadquarters
Privadocontrol
Itaú Corretora de Valores S.A.share registrar
Pricewaterhousecoopers Auditores Independentes Ltda.auditor
ferbasa.com.brinvestor site
R$ 6.3 mavg. daily traded value (63 sessions)

Verdict

Net margin 8.1%; ROIC 1.7%; net cash; P/E 14.0 against 11.0 for the sector; 2025 data, no relevant restatement.

Confidence flag: Clean data

Data for fiscal year 2025, received by the CVM on 2026-03-06; 5 of the 5 core figures published; last restatement recorded in 2015.

Does the company make money?

Is it sound or indebted?

Is the share expensive or cheap relative to the sector and its own history?

Descriptive: number, numeric band and comparison with the sector, the company's own history and the whole universe. Not investment advice. JSON · how the verdict works

Follow FESA4: get an e-mail when profit turns into loss, debt or margin change band, or the statements are restated. That is all, and you can cancel in one click. See every event already recorded for FESA4.

Quote

R$ 5.38close of 2026-09-25 · B3 (COTAHIST), updated nightly — the price the API, the MCP and the dump serve

1m +3.5% · 12m -17.6% · YTD -22.4% · 52-week R$ 4.80–8.69

15-minute delayed quote, shown by TradingView — display only: it never enters our API, MCP or dump
Close, weekly, 5 years — since 2024-01-26, after a corporate action · return -50.1% (-23.0% a year) · not split-adjustedR$ 5.38 2026-09-25
high 2024-01-26: R$ 10.79low 2026-08-14: R$ 4.802026-09-25: R$ 5.38
2024low R$ 4.80 · high R$ 10.792026

Return by window

1 month3 months1 year2 years5 years10 years
Price+3.5%-11.2%-17.6%-29.8%——
With dividends reinvested+3.5%-11.2%-10.2%-18.2%——
Real, net of inflation (IPCA to 08/2026)+3.5%-11.0%-13.5%-25.1%——
R$ 1,000 would be worthR$ 1,035R$ 888R$ 898R$ 818——

Closing prices from the base up to 2026-09-25. The starting price is adjusted by the corporate actions checked against the price (the small mark says how many); a jump they do not explain leaves the window blank. Reinvestment buys more shares at the close of the ex-date, with no tax or cost; only the main ticker class. The real line divides the reinvested return by the IPCA accumulated in the window (Banco Central series 433, monthly, edge months pro rata by days); the latest month is only published around the 10th of the following month.

Corporate actions

last day with rightseventmultipliercheck
2024-01-23stock split4.00× shareschecked against the price move
2024-01-23stock split4.00× shareschecked against the price move
2005-05-05reverse split inferred0.01× sharesnot checked
2005-05-05reverse split inferred0.01× sharesnot checked
1989-12-26bonus issue inferred10.00× sharesnot checked
1989-12-15bonus issue inferred10.00× sharesnot checked
1989-12-15bonus issue inferred10.00× sharesnot checked

Why the price chart jumps: prices are not split-adjusted. Inferred means detected from the share count and the price, not announced in the exchange file.

Valuation

Today

R$ 1.9 bnmarket value
close of 2026-09-25 × sharesprice × shares outstanding
R$ 1.3 bnenterprise value
+ net debt 2025market value + net debt
R$ 0.53EPS 2025
profit per sharenet income for the year ÷ shares
R$ 9.30BVPS 2025
book value per shareshareholders' equity ÷ shares
12.9P/E 12m
to 2T26today's market value ÷ net income of the last 12 months (built by identity from the quarterly filings)
0.58P/B 2T26
latest quarterly balancetoday's market value ÷ equity to controlling shareholders at quarter end
4.4%ROE 12m
to 2T26net income of the last 12 months ÷ average equity over the same 12 months
6.8%net margin 12m
to 2T26net income ÷ net revenue, both over the last 12 months
4.7P/FCO 2025
FCO R$ 403 mmarket value ÷ operating cash flow
11.1P/FCF 2025
FCF R$ 171 mmarket value ÷ (operating cash flow + capex)
353.2 mshares outstandinglatest public count, treasury excluded

Snapshot: today's close over the latest public share count. Cards marked 12m use the last four quarterly filings; the others use the 2025 annual filing. The multiples below are point-in-time: priced on the day the filing became public.

At the filing date (point-in-time)

14.0P/E 2025
price of 2026-03-06 · sector 11.0 · 9 cos. · 7th of 10price ÷ earnings per share for the year
0.8P/B 2025
price of 2026-03-06 · sector 1.2 · 8 cos. · 4th of 9price ÷ book value per share
6.2EV/EBITDA 2025
price of 2026-03-06 · sector 5.8 · 8 cos. · 6th of 9enterprise value on the filing date ÷ EBITDA for the year (other sites use trailing 12 months and today's price)
6.5%FCF yield 2025
price of 2026-03-06 · sector 8.3% · 8 cos. · 6th of 9(operating cash flow + capex) ÷ market value
5.7%ROE 2025
sector 4.8% · 24 cos. · 13th of 25net income to controlling ÷ average equity
1.7%ROIC 2025
sector 7.8% · 16 cos. · 17th of 17EBIT × (1 − effective tax rate) ÷ average invested capital (gross debt + total equity − cash − investments), goodwill included — /metodologia/roic
P/E, P/B and EV/EBITDA use the price of 2026-03-06 (R$ 7.78), the first one after the 2025 filing became public on 2026-03-06 — point-in-time, not the 31 December price.

By theme, fiscal year 2025

Valuation

P/Receita todaymarket value ÷ net revenue for the year0.81×
EV/Receita todayenterprise value ÷ net revenue0.55×
P/EBITDA todaymarket value ÷ EBITDA5.85×
P/EBIT todaymarket value ÷ EBIT40.35×
EV/EBIT todayenterprise value ÷ EBIT27.07×
Earning yield todaynet income ÷ market value (the inverse of P/E)9.9%

Debt and liquidity

Dívida líquida/PLnet debt ÷ shareholders' equity-0.19×
Dívida bruta/PLshort- and long-term borrowings ÷ equity0.11×
Dívida líquida/EBITDAnet debt ÷ EBITDA for the year-1.92×
PL/Ativosequity ÷ total assets0.74×
Passivos/Ativos(total assets − equity) ÷ total assets0.26×
Liquidez correntecurrent assets ÷ current liabilities3.06×

Efficiency

Margem brutagross profit ÷ net revenue17.6%
Margem EBITDAEBITDA ÷ net revenue13.9%
Margem EBITEBIT ÷ net revenue2.0%
Margem líquidanet income ÷ net revenue8.1%

Profitability

ROEnet income to controlling ÷ average equity5.7%
ROICEBIT × (1 − effective tax rate) ÷ average invested capital (gross debt + total equity − cash − investments), goodwill included1.7%
ROAnet income ÷ total assets4.3%
Giro do ativonet revenue ÷ total assets0.52×

Growth

Receita, 1 anorevenue this year ÷ previous year − 14.4%
Receita, CAGR 5 anoscompound annual growth of revenue over 5 years7.6%
Lucro, CAGR 5 anoscompound annual growth of net income over 5 years (positive at both ends only)22.0%
EBITDA, CAGR 5 anoscompound annual growth of EBITDA over 5 years (positive at both ends only)-6.6%

Standardized accounts and published indicators of the fiscal year; items marked today divide today's market value or enterprise value by an account of that year.

Indicators, year by year

Four indicators as charts and the full table below. A hollow point carries a caveat; a gap is a year without the figure — we never draw a line across a hole. In the table, the arrow opens the path from the figure down to the line in the regulator's file; a cell with ! carries a caveat; a dashed dash is a suppressed figure — hover to see why. Nothing is hidden.

Fact checklist 7 of 9

Nine objective checks with the threshold written in each line and the figure behind it. Descriptive, not a recommendation; the thresholds are ours and are declared.

ROE5.7% 2025
2010: 13.0% — pl_final_sem_media2011: 8.5%2012: 7.6%2013: 6.2%2014: 7.3%2015: 13.3%2016: 5.2%2017: 18.8%2018: 18.9%2019: 12.4%2020: 3.9%2021: 31.1%2022: 39.3%2023: 12.3%2024: 10.0%2025: 5.7%
20102025
ROIC1.7%! 2025
2010: 16.1% — capital_final_sem_media2011: 7.4%2012: 7.3%2013: 6.4%2014: 6.5%2015: 16.9%2016: 0.4% — aliq_travada_02017: 19.6%2018: 22.7%2019: 7.8%2020: 13.0%2021: 35.0%2022: 42.3%2023: 10.7%2024: 6.2% — aliq_travada_02025: 1.7% — aliq_travada_0
20102025
Net margin8.1% 2025
2010: 19.9%2011: 14.1%2012: 12.1%2013: 9.2%2014: 11.1%2015: 18.6%2016: 6.4%2017: 24.4%2018: 22.4%2019: 17.3%2020: 4.3%2021: 26.9%2022: 33.8%2023: 15.7%2024: 14.7%2025: 8.1%
20102025
Point-in-time P/E14.0x 2025
2014: 5.9x — acoes_do_fre_sem_tesouraria;acoes_defasadas2015: 3.6x — acoes_do_fre_sem_tesouraria;acoes_defasadas2016: 12.7x — acoes_do_fre_sem_tesouraria;acoes_defasadas2017: 8.4x — acoes_do_fre_sem_tesouraria;acoes_defasadas2018: 6.8x — acoes_do_fre_sem_tesouraria;acoes_defasadas2019: 7.2x — acoes_do_fre_sem_tesouraria;acoes_defasadas2020: 32.4x2021: 6.5x2022: 4.7x2023: 8.2x — acoes_ajustadas_por_evento2024: 8.0x2025: 14.0x
20102025

Full table

indicator2010201120122013201420152016201720182019202020212022202320242025sector
ROE ⟶13.0%!8.5%7.6%6.2%7.3%13.3%5.2%18.8%18.9%12.4%3.9%31.1%39.3%12.3%10.0%5.7%4.8%
ROIC ⟶16.1%!7.4%7.3%6.4%6.5%16.9%0.4%!19.6%22.7%7.8%13.0%35.0%42.3%10.7%6.2%!1.7%!7.8%
ROA ⟶11.3%!7.4%6.6%5.5%6.4%11.2%4.3%15.4%13.7%8.2%2.5%20.7%28.5%9.4%7.7%4.3%2.6%
Gross margin ⟶28.8%21.1%21.8%20.3%22.2%37.9%15.8%35.3%35.0%20.2%27.4%43.3%46.3%24.9%21.1%17.6%22.8%
EBIT margin ⟶18.7%9.7%9.9%9.6%9.0%23.0%0.4%22.2%27.2%14.0%17.2%33.5%37.0%12.5%7.7%2.0%6.8%
Net margin ⟶19.9%14.1%12.1%9.2%11.1%18.6%6.4%24.4%22.4%17.3%4.3%26.9%33.8%15.7%14.7%8.1%3.6%
Revenue growth (1y) ⟶—-4.6%10.1%13.1%3.6%13.0%17.1%1.1%24.6%-7.3%26.8%47.3%31.4%-22.4%-8.1%4.4%4.2%
Revenue growth (5y CAGR) ⟶—————6.8%11.3%9.4%11.5%9.1%11.6%16.9%23.1%12.0%11.8%7.6%10.2%
Net debt/EBITDA ⟶-2.42x-3.18x-2.04x-1.68x-1.76x-0.24x-2.84x-1.26x0.20x0.88x0.54x-0.21x-0.40x-1.03x-0.99x-1.92x1.15x
Current ratio ⟶6.30x6.24x6.90x6.38x5.96x3.00x3.79x5.25x3.12x2.71x1.83x2.95x3.35x3.17x2.68x3.06x2.01x

In reais, year by year

The three statements behind the ratios — income statement, balance sheet and cash flow — in the standardized lines, consolidated as filed (or parent-only when that is what the company files). EBITDA and net debt follow the published methodology; gross debt, cash and investments and free cash flow are sums the line names spell out.

line20102011201220132014201520162017201820192020202120222023202420252T26TTM
Income statement
Net revenue (R$ bn)0.70.60.70.80.80.91.11.11.41.31.62.43.12.42.22.30.52.2
Cost of goods and services (R$ bn)-0.5-0.5-0.6-0.6-0.6-0.6-0.9-0.7-0.9-1.0-1.2-1.4-1.7-1.8-1.8-1.9-0.5-1.8
Gross profit (R$ bn)0.20.10.20.20.20.40.20.40.50.30.41.01.50.60.50.40.10.4
EBITDA (R$ bn)0.20.10.10.10.10.30.10.40.50.40.51.01.30.50.40.3——
Depreciation and amortization (R$ m)32425656595479110147186178157173216261278——
EBIT (operating result) (R$ bn)0.10.10.10.10.10.20.00.20.40.20.30.81.20.30.20.0-0.00.0
Pre-tax profit (R$ bn)0.20.10.10.10.10.20.00.30.30.30.10.71.20.40.30.20.00.1
Income taxes (R$ m)-28-18-12-19-12-1828-39-41-34-2-59-182-37816-1125
Net income (R$ bn)0.10.10.10.10.10.20.10.30.30.20.10.61.10.40.30.20.00.1
Net income (controlling) (R$ bn)0.10.10.10.10.10.20.10.30.30.20.10.61.10.40.30.20.00.1
Balance sheet
Total assets (R$ bn)1.21.31.31.41.51.61.71.92.72.72.83.44.14.14.44.54.34.3
Current assets (R$ bn)0.70.70.60.60.70.70.70.90.80.70.81.41.71.61.71.81.71.7
Current liabilities (R$ m)1111069199114226174169260256424475506499652583459459
Gross debt (short + long term) (R$ m)0140814183966397494529405338271421364353353
Cash and investments (R$ m)38434525723224883277514292174282602868805847990796796
Net debt (R$ m)-384-331-257-224-235-65-237-448105320246-197-530-534-426-625——
Shareholders' equity (R$ bn)1.01.11.21.21.31.31.41.51.71.81.82.43.03.23.33.33.33.3
Cash flow
Operating cash flow (R$ bn)0.10.10.10.10.20.00.30.40.30.20.30.81.20.50.40.4——
Capital expenditures (R$ m)-51-105-101-83-84-90-83-71-68-90-38-81-196-257-216-232——
Free cash flow (FCO + capex) (R$ m)31-11-32481-7721732123882220678999219141171——

The two right-hand columns come from the quarterly filing (ITR): the latest quarter alone and the last 12 months (TTM) built by the same identity as the TTM P/E. EBITDA and net debt have no quarterly series here.

The current year, quarter by quarter

As the company filed it in its interim report. The fourth quarter does not exist on its own in that filing — the closed year comes in the annual one, and we do not derive a Q4, so that a figure we computed never sits beside the figures the company reported. Filed on is the date the report became public, and the price is taken from it.

quarterrevenue (R$ m)profit (R$ m)net marginP/E TTMP/Bfiled on
2024T1509.541.28.1%9.30.842024-05-13
2024T2522.056.710.9%12.10.842024-08-12
2024T3597.7103.617.3%10.20.782024-11-11
2025T1549.824.24.4%7.70.712025-05-30
2025T2639.418.72.9%7.90.642025-08-11
2025T3542.646.08.5%11.60.732025-11-10
2026T1506.4-2.4-0.5%15.20.752026-05-11
2026T2523.54.50.9%12.90.582026-08-10

Full series, every quarter: GET /empresas/FESA4/trimestres

Dividends

No ex-date or payment scheduled in the base (exchange announcements through 2026-09-21 · filings to the regulator through 2026-09-18).

The latest dividend by FESA4 was a JCP of R$ 0.4266 per share (record date 2025-11-05, payment 2026-06-12). In the last 12 months: 2 payments adding up to R$ 0.6490 per share. Average yield of the last 5 full years: 7.0%.

typerecord dateex-datepaymentper share
JCP2025-11-052025-11-062026-06-12R$ 0.4266
JCP2025-11-052025-11-062025-12-05R$ 0.2224
JCP2025-09-022025-09-03—R$ 0.0533
JCP2025-06-052025-06-06—R$ 0.0273
JCP2024-12-172024-12-18—R$ 0.3640
JCP2024-12-052024-12-06—R$ 0.0546
JCP2024-09-052024-09-06—R$ 0.0546
JCP2024-06-052024-06-06—R$ 0.0531
JCP2023-12-182023-12-19—R$ 0.8465
JCP2023-12-072023-12-08—R$ 0.5041
JCP2023-09-062023-09-08—R$ 0.5071
JCP2023-06-072023-06-09—R$ 0.8827
JCP2022-12-192022-12-20—R$ 0.0574
dividend2022-12-192022-12-20—R$ 0.9859
JCP2022-12-082022-12-09—R$ 0.3718
dividend2022-12-082022-12-09—R$ 0.4683
JCP2022-09-082022-09-09—R$ 0.4018
dividend2022-09-082022-09-09—R$ 0.5688
JCP2022-06-092022-06-10—R$ 0.6286
dividend2022-06-092022-06-10—R$ 0.3230
dividend2022-04-262022-04-27—R$ 1.0531
dividend2022-04-262022-04-27—R$ 0.5192
JCP2022-01-032022-01-04—R$ 0.0664
JCP2021-12-072021-12-08—R$ 0.2471

Ex-date is the first trading session after the record date, from our own price history. Payment date comes from the exchange file; CVM marks a date taken from the filing to the regulator. Only the main ticker class.

Record dates in the last 5 years, by month: Jan1FebMarApr2MayJun5JulAugSep6OctNov2Dec9

Per year

yearper sharepaymentsyield
2025R$ 0.7297410.5%
2024R$ 0.526246.4%
2023R$ 2.740445.9%
2022R$ 5.44441110.2%
2021R$ 0.839331.7%
2020R$ 0.928344.9%
2019R$ 1.348856.7%
2018R$ 1.172445.7%
2017R$ 1.250066.1%
2016R$ 0.7969110.3%

Yield per year = the year's dividends over the close of its last session; the current year is partial.

Shareholders and free float

45.31%free float
160,029,654 sharesshares outstanding held by the market, as filed in the FRE
38,510shareholders
38,090 individuals · 135 companies · 285 institutionalcount at the last shareholders meeting, from the FRE
Fundação José Carvalhocontrolling shareholder
as declared in the FREshareholders the company marks as controlling
80% ONtag along (minimum)
Nível 1 de Governança Corporativaminimum guaranteed by the listing segment or by law; the bylaws may grant more
shareholdertype% ON% PN% total
Fundação José Carvalho ctrlPJ98.83%26.48%50.59%
Others (market)———45.35%
Treasury shares———4.05%

Direct holdings from the reference form (FRE) filed on 2026-08-12, version 2. The chain of control (who owns the holding) is not reproduced here. Names of individuals appear as in the public filing.

Filings and notices

filedcategorysubjectdocument
2026-09-09Valores Mobiliários negociados e detidos (art. 11 da Instr. CVM nº 358) · Posição Individual - Cia, Controladas e Coligadas—open
2026-09-09Valores Mobiliários negociados e detidos (art. 11 da Instr. CVM nº 358) · Posição Consolidada—open
2026-08-12Comunicado ao Mercado · Apresentações a analistas/agentes do mercadoConferência de Resultados - 2T26open
2026-08-10Dados Econômico-Financeiros · Press-releasePress Release 2T26open
2026-08-10Valores Mobiliários negociados e detidos (art. 11 da Instr. CVM nº 358) · Posição Individual - Cia, Controladas e Coligadas—open
2026-08-10Valores Mobiliários negociados e detidos (art. 11 da Instr. CVM nº 358) · Posição Consolidada—open
2026-08-10Valores Mobiliários negociados e detidos (art. 11 da Instr. CVM nº 358) · Posição Individual - Cia, Controladas e Coligadas—open
2026-07-08Valores Mobiliários negociados e detidos (art. 11 da Instr. CVM nº 358) · Posição Consolidada—open
2026-07-07Fato RelevanteCaptação de recursos financeirosopen
2026-07-01Comunicado ao Mercado · Outros Comunicados Não Considerados Fatos Relevantesnota de escalrecimento - noticias imprensa BNDESopen

The last filings this company sent to the CVM outside its financial statements, newest first, from the regulator's own IPE index. The subject line is the company's own free text. We do not summarise or classify these documents — read the original.

Piotroski F-Score 6/9 (2025) — what each criterion means.

Restated filings for this company

The regulator overwrites the old version; we keep both. Figures in R$ millions: first filing on the left, restatement on the right.

fiscal yearaccountfirst filingrestated
2011BPA 11,267.61,254.3
2011BPP 21,267.61,254.3
2010BPA 11,188.81,201.5
2010BPP 21,188.81,201.5
2015DMPL 5.05122.7119.2

Every restatement of this company, year by year

This company appears in

Compare

Side by side, with each figure's caveat and how often each company restated its filings.

FESA4 × VALE3 · FESA4 × SUZB3 · FESA4 × CSNA3 · FESA4 × GGBR4 · FESA4 × BRKM5 · FESA4 × CMIN3

compare with the sector: GGBR4 × CSNA3 × USIM5

Other companies in Basic Materials

31 more with a page, same CVM sector — a classification of the regulator's, not ours.

Take this into your code

Everything on this page is also JSON: GET /empresas/FESA4/indicadores. WEGE3 is open for testing without a key; for the rest, create a free key (200 calls/day, no card).

Price coverage: 4,151 sessions, 2010-01-04 → 2026-09-25 · methodology · how we verify

Sources: CVM (open data, ODbL) and B3 (COTAHIST). Not affiliated with B3 or the CVM. Not investment advice.

Numbers on this page are live. Data version 2026-09-27-reapresentacao-agreg · page generated 2026-09-28 08:53 UTC. If this does not match /saude, you are reading a cached copy.