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Holdings/Diversified

TREVISA  INVESTIMENTOS SA

LUXM4 — TREVISA INVESTIMENTOS SA

CNPJ 92.660.570/0001-26 · listed classes: LUXM4, LUXM3 · CVM code 8192

Part. Capital outras empresas qualquer setor econômico.Locação de conjuntos comerciais.As filed by the company in its registration form (FCA), reference 2026-01-01 · CVM sector: Emp. Adm. Part. - Sem Setor Principal

1930founded
Porto Alegre · RSheadquarters
Privadocontrol
Itau Corretora de Valores S. A.share registrar
Ernst & Young Auditores Independentes S/S Ltda.auditor
trevisa.com.brinvestor site
R$ 0.0 mavg. daily traded value (63 sessions)

Verdict

Net margin 14.4%; ROIC 13.5%; net cash; P/E 7.3 against 9.5 for the sector; 2025 data, no relevant restatement.

Confidence flag: Clean data

Data for fiscal year 2025, received by the CVM on 2026-03-27; 5 of the 5 core figures published; last restatement recorded in 2023.

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 LUXM4: 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 LUXM4.

Quote

R$ 2.99close of 2026-09-25 · B3 (COTAHIST), updated nightly — the price the API, the MCP and the dump serve

1m +24.6% · 12m -13.3% · YTD -31.6% · 52-week R$ 2.40–4.54

15-minute delayed quote, shown by TradingView — display only: it never enters our API, MCP or dump
Close, weekly, 5 years — adjusted for 3 corporate action(s) · return -40.9% (-10.0% a year) · adjusted with the exchange's corporate actions checked against the priceR$ 2.99 2026-09-25
2025-04-29: 2x shares2025-04-29: 2x shares2023-04-27: 4x shareshigh 2025-05-30: R$ 6.00low 2026-08-28: R$ 2.482026-09-25: R$ 2.99
2021low R$ 2.48 · high R$ 6.002026

Return by window

1 month3 months1 year2 years5 years10 years
Price+24.6%-3.5%-13.3%-11.1% 2×-40.9% 3×+241.7% 3×
With dividends reinvested+24.6%-3.5%-10.3%-4.5%-33.2%+452.6%
Real, net of inflation (IPCA to 08/2026)+24.6%-3.3%-13.6%-12.7%-48.1%+220.4%
R$ 1,000 would be worthR$ 1,246R$ 965R$ 897R$ 955R$ 668R$ 5,526

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
2025-04-29bonus issue2.00× shareschecked against the price move
2025-04-29bonus issue2.00× shareschecked against the price move
2023-04-27stock split inferred4.00× shareschecked against the price move
2012-11-21reverse split inferred0.01× sharesnot checked
2012-11-21stock split inferred100.00× sharesnot checked
2012-11-21reverse split inferred0.01× sharesnot checked
2012-11-21stock split inferred100.00× 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$ 124 mmarket value
close of 2026-09-25 × sharesprice × shares outstanding
R$ 115 menterprise value
+ net debt 2025market value + net debt
R$ 0.55EPS 2025
profit per sharenet income for the year ÷ shares
R$ 4.10BVPS 2025
book value per shareshareholders' equity ÷ shares
6.1P/E 12m
to 2T26today's market value ÷ net income of the last 12 months (built by identity from the quarterly filings)
0.71P/B 2T26
latest quarterly balancetoday's market value ÷ equity to controlling shareholders at quarter end
12.1%ROE 12m
to 2T26net income of the last 12 months ÷ average equity over the same 12 months
12.9%net margin 12m
to 2T26net income ÷ net revenue, both over the last 12 months
3.1P/FCO 2025
FCO R$ 40 mmarket value ÷ operating cash flow
14.4P/FCF 2025
FCF R$ 9 mmarket value ÷ (operating cash flow + capex)
41.6 mshares outstanding !latest 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. share count caveat

At the filing date (point-in-time)

7.3P/E 2025
price of 2026-03-27 · sector 9.5 · 3 cos. · 2th of 4price ÷ earnings per share for the year
1.0P/B 2025
price of 2026-03-27price ÷ book value per share
3.3EV/EBITDA 2025
price of 2026-03-27enterprise value on the filing date ÷ EBITDA for the year (other sites use trailing 12 months and today's price)
5.2%FCF yield 2025
price of 2026-03-27(operating cash flow + capex) ÷ market value
14.1%ROE 2025
sector 0.0% · 8 cos. · 3th of 9net income to controlling ÷ average equity
13.5%ROIC 2025
sector 11.6% · 6 cos. · 4th of 7EBIT × (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 2026-03-27 (R$ 4.00), the first one after the 2025 filing became public on 2026-03-27 — point-in-time, not the 31 December price. 1 caveat

By theme, fiscal year 2025

Valuation

P/Receita todaymarket value ÷ net revenue for the year0.79×
EV/Receita todayenterprise value ÷ net revenue0.72×
P/EBITDA todaymarket value ÷ EBITDA2.61×
P/EBIT todaymarket value ÷ EBIT4.28×
EV/EBIT todayenterprise value ÷ EBIT3.94×
Earning yield todaynet income ÷ market value (the inverse of P/E)18.4%

Debt and liquidity

Dívida líquida/PLnet debt ÷ shareholders' equity-0.06×
Dívida bruta/PLshort- and long-term borrowings ÷ equity0.11×
Dívida líquida/EBITDAnet debt ÷ EBITDA for the year-0.20×
PL/Ativosequity ÷ total assets0.70×
Passivos/Ativos(total assets − equity) ÷ total assets0.30×
Liquidez correntecurrent assets ÷ current liabilities1.79×

Efficiency

Margem brutagross profit ÷ net revenue30.7%
Margem EBITDAEBITDA ÷ net revenue30.2%
Margem EBITEBIT ÷ net revenue18.4%
Margem líquidanet income ÷ net revenue14.4%

Profitability

ROEnet income to controlling ÷ average equity14.1%
ROICEBIT × (1 − effective tax rate) ÷ average invested capital (gross debt + total equity − cash − investments), goodwill included13.5%
ROAnet income ÷ total assets10.1%
Giro do ativonet revenue ÷ total assets0.65×

Growth

Receita, 1 anorevenue this year ÷ previous year − 115.8%
Receita, CAGR 5 anoscompound annual growth of revenue over 5 years8.6%
Lucro, CAGR 5 anoscompound annual growth of net income over 5 years (positive at both ends only)22.1%
EBITDA, CAGR 5 anoscompound annual growth of EBITDA over 5 years (positive at both ends only)10.4%

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.

ROE14.1% 2025
2010: 4.6% — pl_final_sem_media2011: 9.0%2012: 5.5%2013: 5.1%2014: 4.8%2015: 9.5%2016: 9.4%2017: 3.9%2018: 6.0%2019: 12.6%2020: 8.6%2021: 15.0%2022: 11.0%2023: 16.3%2024: 27.1%2025: 14.1%
20102025
ROIC13.5% 2025
2010: 5.7% — capital_final_sem_media2011: 9.6%2012: 6.9%2013: 5.4%2014: 4.3%2015: 8.0%2016: 7.2%2017: 4.5% — aliq_travada_452018: 6.4% — aliq_travada_452019: 8.2%2020: 7.9%2021: 15.7%2022: 10.8%2023: 17.2%2024: 16.7% — aliq_travada_02025: 13.5%
20102025
Net margin14.4% 2025
2010: 6.1%2011: 13.0%2012: 9.5%2013: 7.1%2014: 6.4%2015: 11.4%2016: 9.6%2017: 3.8%2018: 4.8%2019: 10.9%2020: 8.1%2021: 11.0%2022: 8.2%2023: 13.5%2024: 27.2%2025: 14.4%
20102025
Point-in-time P/E7.3x! 2025
2020: 42.6x — acoes_escala_milhares2021: 29.8x — acoes_escala_milhares2022: 37.7x — acoes_escala_milhares2023: 17.6x — acoes_escala_milhares2024: 6.7x — acoes_escala_milhares2025: 7.3x — acoes_escala_milhares
20102025

Full table

indicator2010201120122013201420152016201720182019202020212022202320242025sector
ROE ⟶4.6%!9.0%5.5%5.1%4.8%9.5%9.4%3.9%6.0%12.6%8.6%15.0%11.0%16.3%27.1%14.1%0.0%
ROIC ⟶5.7%!9.6%6.9%5.4%4.3%8.0%7.2%4.5%!6.4%!8.2%7.9%15.7%10.8%17.2%16.7%!13.5%11.6%
ROA ⟶2.5%!5.1%3.3%3.0%2.8%5.1%5.0%2.1%3.3%6.8%4.9%9.3%7.2%11.3%19.6%10.1%3.5%
Gross margin ⟶31.2%26.1%23.6%27.1%27.1%26.6%29.6%27.6%30.3%27.5%24.6%31.6%27.8%31.8%30.1%30.7%41.4%
EBIT margin ⟶12.9%19.9%17.1%12.9%11.3%16.9%16.5%12.0%12.5%15.7%12.8%18.0%14.3%19.7%15.8%18.4%22.1%
Net margin ⟶6.1%13.0%9.5%7.1%6.4%11.4%9.6%3.8%4.8%10.9%8.1%11.0%8.2%13.5%27.2%14.4%4.0%
Revenue growth (1y) ⟶—-0.2%-11.5%26.2%6.2%17.2%25.3%9.7%26.9%-8.3%-7.6%25.6%4.8%-0.7%3.6%15.8%9.8%
Revenue growth (5y CAGR) ⟶—————6.8%11.7%16.6%16.8%13.4%7.0%7.1%6.1%1.0%3.8%8.6%16.5%
Net debt/EBITDA ⟶—0.89x1.07x1.09x1.79x1.93x1.78x1.47x0.94x0.74x0.12x0.06x-0.12x-0.26x-0.15x-0.20x0.77x
Current ratio ⟶1.00x0.67x1.06x0.93x0.73x0.51x0.52x0.63x0.98x1.61x1.86x0.96x0.95x0.88x0.97x1.79x2.83x

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$ m)5654476064749310213011910513113813713615840158
Cost of goods and services (R$ m)-39-40-36-44-46-55-66-74-90-86-79-90-99-93-95-109-30-110
Gross profit (R$ m)181411161720282839332641384341491048
EBITDA (R$ m)—211920192530293235293935403848——
Depreciation and amortization (R$ m)—111112111215171516161615131619——
EBIT (operating result) (R$ m)7118871315121619132420272229428
Pre-tax profit (R$ m)58566101391417122320272732531
Income taxes (R$ m)-1-1-1-2-2-2-4-5-7-7-4-8-9-910-9-2-10
Net income (R$ m)3744489461381411183723320
Net income (controlling) (R$ m)3744489461381411183723320
Balance sheet
Total assets (R$ m)135135137142155174188186195189153156155171208242244244
Current assets (R$ m)117912128121526623830252326545656
Current liabilities (R$ m)11108131616232427382032262727303030
Gross debt (short + long term) (R$ m)242226303750544741322517935181818
Cash and investments (R$ m)735832141262215131411283030
Net debt (R$ m)1819202233485342302642-4-10-6-10——
Shareholders' equity (R$ m)758082848693991011051019498106120153171175175
Cash flow
Operating cash flow (R$ m)16181416162021273039-03829322540——
Capital expenditures (R$ m)—-11-6-11-24-32-21-14-13-21-5-34-21-24-26-31——
Free cash flow (FCO + capex) (R$ m)—785-8-12-0131718-6488-29——

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
2024T1!35.44.612.9%15.42.332024-06-14
2024T2!29.32.58.6%18.52.272024-08-13
2024T3!33.32.88.4%16.51.992024-11-13
2025T1!34.24.011.5%6.81.592025-05-15
2025T2!38.23.38.7%4.00.942025-08-20
2025T3!42.97.116.6%3.70.832025-11-14
2026T1!32.81.65.0%7.30.872026-05-15
2026T2!39.53.28.1%5.40.632026-08-14

Full series, every quarter: GET /empresas/LUXM4/trimestres

Dividends

Next: 2026-12-31 payment · dividend or interest on equity (the filing does not say) R$ 0.1369 filing to the regulator on 2026-04-29

The latest dividend by LUXM4 was a dividend of R$ 0.1369 per share (record date 2026-04-29, payment 2026-08-19). In the last 12 months: 1 payments adding up to R$ 0.1369 per share. Average yield of the last 5 full years: 2.7%.

typerecord dateex-datepaymentper share
dividend2023-04-272023-04-28—R$ 0.5945

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: JanFebMarApr5MayJunJulAugSepOctNovDec

Per year

yearper sharepaymentsyield
2026R$ 0.136914.6%
2025R$ 0.232415.3%
2024R$ 0.222411.8%
2023R$ 0.594513.7%
2022R$ 0.696310.8%
2021R$ 1.607122.0%
2020R$ 4.671027.3%
2019R$ 1.871227.2%
2018R$ 0.396412.2%
2017R$ 0.751916.3%

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

Shareholders and free float

32.44%free float
13,483,404 sharesshares outstanding held by the market, as filed in the FRE
515shareholders
500 individuals · 5 companies · 10 institutionalcount at the last shareholders meeting, from the FRE
80% ONtag along (minimum)
no listing segment on fileminimum guaranteed by the listing segment or by law; the bylaws may grant more
shareholdertype% ON% PN% total
Glarus S. A.PJ38.02%14.76%25.05%
BNDES PARTICIPACOES S/A BNDESPARPJ0.00%23.21%12.95%
Becker Participações S.A.PJ23.59%0.00%10.43%
FERNANDO FERREIRA BECKERPF0.00%15.53%8.66%
RAINBOW FUND LPPJ0.01%11.70%6.53%
EL Participações S.A.PJ14.54%0.00%6.43%
SILVIA HELENA BECKER LIVIPF0.00%9.70%5.41%
SCMG Participações Ltda.PJ6.33%0.00%2.80%
SIMG PARTICIPAÇÕES LTDAPJ6.33%0.00%2.80%
SÍLVIA CHRISTINA MALLMANN GUARIGLIAPF0.00%4.34%2.42%
JORGE LUIZ SILVA LOGEMANNPF0.00%3.89%2.17%
ELIANA LOGEMANNPF0.00%0.82%0.46%
JORGE LINDEMANNPF0.00%0.82%0.46%
ROBERTO LINDEMANNPF0.00%0.82%0.46%
ROGÉRIO POHLMANN LIVIPF0.00%0.03%0.02%
Others (market)———12.96%
Treasury shares———0.00%

Direct holdings from the reference form (FRE) filed on 2026-05-28, version 1. 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
2026-09-01Valores Mobiliários negociados e detidos (art. 11 da Instr. CVM nº 358) · Posição Consolidada—open
2026-08-04Valores Mobiliários negociados e detidos (art. 11 da Instr. CVM nº 358) · Posição Consolidada—open
2026-07-29Aviso aos Acionistas · Outros avisosaviso de pagamento de dividendosopen
2026-07-02Valores Mobiliários negociados e detidos (art. 11 da Instr. CVM nº 358) · Posição Consolidada—open
2026-06-03Valores Mobiliários negociados e detidos (art. 11 da Instr. CVM nº 358) · Posição Consolidada—open
2026-06-01Relatório de Sustentabilidade—open
2026-05-11Reunião da Administração · Conselho de AdministraçãoAprovar aquisição de embarcação||Aprovar as contas da Companhia referentes ao primeiro trimestre||Eleição da Diretoria||Fixar a remuneração da Diretoriaopen
2026-05-11Assembleia · AGODestinação do lucro líquido referente ao exercicio social encerrado em 31 12 2025||Distribuição de dividendos||Fixar o montante da remuneracao dos administradores||Instalacao do Coopen
2026-05-05Valores Mobiliários negociados e detidos (art. 11 da Instr. CVM nº 358) · Posição Consolidada—open
2026-05-04Reunião da Administração · Conselho de AdministraçãoAprovar aquisição de embarcação||Aprovar as contas da Companhia referentes ao primeiro trimestre||Eleição da Diretoria||Fixar a remuneração da Diretoriaopen

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 5/9 (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
2020DMPL 5.06-13.50.1
2020DMPL 5.04-2.0-15.5
2021DRE 3.0523.736.9
2021DRE 3.0722.635.8
2021DRE 3.0914.828.0
2021DRE 3.1114.427.6
2010BPA 1.01.010.66.5
2010BPA 1.01.025.9no value in the file

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.

LUXM4 × GGPS3 · LUXM4 × OSXB3 · LUXM4 × SCAR3 · LUXM4 × DEXP3 · LUXM4 × CSUD3 · LUXM4 × PEAB3

compare with the sector: GGPS3 × CSUD3 × DEXP3

Other companies in Holdings/Diversified

15 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/LUXM4/indicadores. WEGE3 is open for testing without a key; for the rest, create a free key (200 calls/day, no card).

Price coverage: 1,212 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 2026-09-27 10:50 UTC. If this does not match /saude, you are reading a cached copy.