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CIA DE PARTICIPAÇÕES ALIANÇA DA BAHIA

PEAB3 — CIA DE PARTICIPAÇÕES ALIANÇA DA BAHIA

CNPJ 01.938.783/0001-11 · listed classes: PEAB3, PEAB4 · CVM code 18708

Participações em outras sociedades, na qualidade de sócia e/ou quotista e administração de bens própriosAs filed by the company in its registration form (FCA), reference 2026-01-01 · CVM sector: Emp. Adm. Part. - Sem Setor Principal

Básicolisting segment
1997founded
Salvador · BAheadquarters
Privado Holdingcontrol
Itaú Corretora de Valores S.A.share registrar
BDO Rcs Auditores Independentes - Sociedade Simples Limitadaauditor
aliancaparticipacoes.com.brinvestor site
R$ 0.0 mavg. daily traded value (63 sessions)

Verdict

Net margin 28.7%; ROIC 3.2%; net cash; P/E does not apply (negative profit); 2025 data, with a relevant recent restatement.

Confidence flag: Incomplete or flagged snapshot

Data for fiscal year 2025, received by the CVM on 2026-03-30; 4 of the 5 core figures published; last restatement recorded in 2024.

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 PEAB3: 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 PEAB3.

Quote

R$ 38.86close of 2026-09-10 · B3 (COTAHIST), updated nightly — the price the API, the MCP and the dump serve

1m -0.4% · 12m +8.9% · YTD +3.5% · 52-week R$ 34.55–42.00

15-minute delayed quote, shown by TradingView — display only: it never enters our API, MCP or dump
Close, daily, 5 years · return -38.6% (-9.3% a year) · not split-adjustedR$ 38.86 2026-09-10
high 2021-11-16: R$ 79.50low 2023-05-08: R$ 28.002026-09-10: R$ 38.86
2021low R$ 28.00 · high R$ 79.502026

Return by window

1 month3 months1 year2 years5 years10 years
Price-0.4%-2.8%+8.9%-9.6%-38.6%+38.8%
With dividends reinvested-0.4%-2.8%+11.4%-4.4%-19.8%+270.2%
Real, net of inflation (IPCA to 08/2026)-0.2%-2.7%+6.9%-12.6%-38.0%+123.9%
R$ 1,000 would be worthR$ 996R$ 972R$ 1,114R$ 956R$ 802R$ 3,702

Closing prices from the base up to 2026-09-10. 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.

Valuation

Today

R$ 705 mmarket value
close of 2026-09-10 × sharesprice × shares outstanding
R$ 700 menterprise value
+ net debt 2025market value + net debt
R$ 0.00EPS 2025
profit per sharenet income for the year ÷ shares
R$ 50.30BVPS 2025
book value per shareshareholders' equity ÷ shares
0.76P/B 2T26
latest quarterly balancetoday's market value ÷ equity to controlling shareholders at quarter end
0.0%ROE 12m
to 2T26net income of the last 12 months ÷ average equity over the same 12 months
0.0%net margin 12m
to 2T26net income ÷ net revenue, both over the last 12 months
18.1 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)

0.8P/B 2025
price of 2026-04-01price ÷ book value per share
15.6EV/EBITDA 2025
price of 2026-04-01enterprise value on the filing date ÷ EBITDA for the year (other sites use trailing 12 months and today's price)
-6.2%FCF yield 2025
price of 2026-04-01(operating cash flow + capex) ÷ market value
0.0%ROE 2025
sector 2.5% · 8 cos. · 5th of 9net income to controlling ÷ average equity
3.2%ROIC 2025
sector 14.9% · 6 cos. · 7th 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 2026-04-01 (R$ 42.00), the first one after the 2025 filing became public on 2026-03-30 — point-in-time, not the 31 December price. 1 caveat

By theme, fiscal year 2025

Valuation

P/Receita todaymarket value ÷ net revenue for the year6.01×
EV/Receita todayenterprise value ÷ net revenue5.97×
P/EBITDA todaymarket value ÷ EBITDA14.53×
P/EBIT todaymarket value ÷ EBIT22.76×
EV/EBIT todayenterprise value ÷ EBIT22.59×
Earning yield todaynet income ÷ market value (the inverse of P/E)0.0%

Debt and liquidity

Dívida líquida/PLnet debt ÷ shareholders' equity-0.01×
Dívida bruta/PLshort- and long-term borrowings ÷ equity0.17×
Dívida líquida/EBITDAnet debt ÷ EBITDA for the year-0.11×
PL/Ativosequity ÷ total assets0.71×
Passivos/Ativos(total assets − equity) ÷ total assets0.29×
Liquidez correntecurrent assets ÷ current liabilities3.34×

Efficiency

Margem brutagross profit ÷ net revenue40.7%
Margem EBITDAEBITDA ÷ net revenue41.4%
Margem EBITEBIT ÷ net revenue26.4%
Margem líquidanet income ÷ net revenue28.7%

Profitability

ROEnet income to controlling ÷ average equity0.0%
ROICEBIT × (1 − effective tax rate) ÷ average invested capital (gross debt + total equity − cash − investments), goodwill included3.2%
ROAnet income ÷ total assets2.7%
Giro do ativonet revenue ÷ total assets0.09×

Growth

Receita, 1 anorevenue this year ÷ previous year − 133.8%
Receita, CAGR 5 anoscompound annual growth of revenue over 5 years34.3%
EBITDA, CAGR 5 anoscompound annual growth of EBITDA over 5 years (positive at both ends only)-41.7%

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 4 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.

ROE0.0% 2025
2010: 4.4% — pl_final_sem_media2011: -0.3%2012: 0.5%2013: -2.1%2014: 3.5%2015: 5.6%2016: 14.1%2017: 7.2%2018: 6.8%2019: 8.7%2020: 84.9%2021: 22.0%2022: 6.0%2023: 0.0%2024: 0.0%2025: 0.0%
20102025
ROIC3.2% 2025
2010: 7.5% — capital_final_sem_media2011: -0.6% — aliq_travada_452012: -0.6% — aliq_travada_452013: -5.0% — aliq_fallback_342014: 2.2%2015: 4.1%2016: 13.4% — aliq_travada_02017: 7.4%2018: 6.8%2019: 9.6%2020: 130.6%2021: 33.2%2022: 7.3%2023: 0.2%2024: 4.2%2025: 3.2%
20102025
Net margin28.7% 2025
2010: 13.8%2011: -1.0%2012: 1.4%2013: -4.8%2014: 6.8%2015: 9.0%2016: 21.4%2017: 10.5%2018: 9.5%2019: 11.2%2020: 256.9%2021: 451.6%2022: 95.1%2023: 24.5%2024: 46.8%2025: 28.7%
20102025
Point-in-time P/E9.5x 2022
2010: 15.4x — acoes_do_fre_sem_tesouraria;acoes_defasadas2011: -196.7x — acoes_do_fre_sem_tesouraria;acoes_defasadas;pl_negativo2012: 140.5x — acoes_do_fre_sem_tesouraria;acoes_defasadas2013: -31.8x — acoes_do_fre_sem_tesouraria;pl_negativo2014: 21.3x — acoes_do_fre_sem_tesouraria;acoes_defasadas2015: 13.9x — acoes_do_fre_sem_tesouraria;acoes_defasadas2016: 7.1x — acoes_do_fre_sem_tesouraria;acoes_defasadas2017: 14.2x — acoes_do_fre_sem_tesouraria;acoes_defasadas2018: 13.9x — acoes_do_fre_sem_tesouraria;acoes_defasadas2019: 16.9x — acoes_do_fre_sem_tesouraria;acoes_defasadas2020: 1.7x — sem_capex2021: 5.9x2022: 9.5x
20102025

Full table

indicator2010201120122013201420152016201720182019202020212022202320242025sector
ROE ⟶4.4%!-0.3%0.5%-2.1%3.5%5.6%14.1%7.2%6.8%8.7%84.9%22.0%6.0%0.0%0.0%0.0%2.5%
ROIC ⟶7.5%!-0.6%!-0.6%!-5.0%!2.2%4.1%13.4%!7.4%6.8%9.6%130.6%33.2%7.3%0.2%4.2%3.2%14.9%
ROA ⟶3.3%!-0.3%0.4%-1.6%2.7%4.3%10.9%5.8%5.4%6.7%58.9%16.5%5.2%1.4%3.9%2.7%4.6%
Gross margin ⟶16.1%13.2%17.1%17.1%20.0%24.5%29.5%32.7%32.1%30.7%30.7%61.8%77.6%77.9%65.1%40.7%41.4%
EBIT margin ⟶11.3%-1.2%-1.3%-9.1%3.4%5.4%11.7%10.9%9.4%12.0%392.4%!562.9%!100.5%!2.4%35.7%26.4%18.2%
Net margin ⟶13.8%-1.0%1.4%-4.8%6.8%9.0%21.4%10.5%9.5%11.2%256.9%451.6%95.1%24.5%46.8%28.7%4.0%
Revenue growth (1y) ⟶—-1.4%5.5%12.1%12.6%7.3%9.3%12.7%6.0%8.4%-55.5%11.8%42.3%16.2%76.9%33.8%9.8%
Revenue growth (5y CAGR) ⟶—————7.6%9.9%11.3%10.3%8.7%-8.8%-37.5%-34.5%-33.3%-26.4%34.3%8.6%
Net debt/EBITDA ⟶-13.62x-57.97x-65.99x—-12.47x-8.26x-5.08x-3.64x-4.22x-3.05x-0.30x-1.49x-3.06x-18.23x-1.37x-0.11x0.77x
Current ratio ⟶3.78x3.42x4.81x3.82x4.07x4.42x4.27x3.98x3.47x3.49x2.08x16.04x15.32x8.61x5.21x3.34x2.60x

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)1991962072322592873143543754061813043508811728116
Cost of goods and services (R$ m)-167-170-172-192-207-217-221-238-255-282-125-11-10-11-31-69-12-69
Gross profit (R$ m)322635405270931161201255519333957481647
EBITDA (R$ m)3154-141623444643577171724764349——
Depreciation and amortization (R$ m)887777778873451218——
EBIT (operating result) (R$ m)23-2-3-21916373935497101694313131839
Pre-tax profit (R$ m)4158-6263758605366715182501743381049
Income taxes (R$ m)-13-7-5-5-8-1110-23-18-20-250-47-9-4-2-4-1-5
Net income (R$ m)27-23-1117266737364646513541124134944
Net income (controlling) (R$ m)27-23-111726673735464651354100000
Balance sheet
Total assets (R$ bn)0.80.80.70.70.60.60.60.60.70.70.90.80.80.91.21.31.31.3
Current assets (R$ m)513437374338291261318277291297558324261259232221218218
Current liabilities (R$ m)136128788872597569848526820173045665959
Gross debt (short + long term) (R$ m)34241728180000002258114113153145145
Cash and investments (R$ m)450326276271219186221166182174216278202222173158146146
Net debt (R$ m)-417-302-258-244-201-186-221-166-182-174-216-256-144-108-59-5——
Shareholders' equity (R$ m)619559549515473446510522526532564662687686896912926926
Cash flow
Operating cash flow (R$ m)1717-3534103432385560-273-117-1715-20-22——
Capital expenditures (R$ m)-3-2-5-12-2-2-4-4-8-15—-10-9-6-21-25——
Free cash flow (FCO + capex) (R$ m)1416-402283228344745—-127-269-41-47——

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!16.88.047.4%-1,376.00.922024-05-27
2024T2!19.67.437.7%-1,392.20.922024-08-14
2024T3!23.214.361.5%-1,327.80.862024-11-14
2025T126.52.810.6%—0.862025-05-15
2025T230.910.634.4%—0.812025-08-14
2025T329.77.926.6%—0.722025-11-14
2026T127.814.251.2%—0.782026-05-15
2026T228.29.332.8%—0.762026-08-11

Full series, every quarter: GET /empresas/PEAB3/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 PEAB3 was a dividend of R$ 0.5257 per share (record date 2026-05-18, payment 2026-06-03). In the last 12 months: 2 payments adding up to R$ 0.9200 per share. Average yield of the last 5 full years: 6.0%.

typerecord dateex-datepaymentper share
dividend2026-05-182026-05-252026-06-03R$ 0.5257
dividend2025-12-232025-12-292026-01-12R$ 0.3943
dividend2025-08-182025-08-19—R$ 0.5257
dividend2025-04-302025-05-02—R$ 0.2629
dividend2024-12-182024-12-19—R$ 0.0402
dividend2024-11-192024-11-21—R$ 0.5257
dividend2024-04-302024-05-03—R$ 0.6540
dividend2024-03-282024-04-09—R$ 0.0615
dividend2023-08-232023-09-04—R$ 0.2965
dividend2022-11-172022-12-01—R$ 0.2627
JCP2022-11-172022-12-01—R$ 0.2141
dividend2022-04-292022-05-04—R$ 0.5474
JCP2022-04-012022-04-13—R$ 0.7101
JCP2021-11-162021-12-23—R$ 1.4823
dividend2021-11-162021-12-23—R$ 9.1160
dividend2021-05-212021-05-28—R$ 0.6991
dividend2020-11-182020-11-19—R$ 29.6455
dividend2020-04-282020-04-30—R$ 2.4713
dividend2019-09-112019-10-22—R$ 1.1550
dividend2019-04-262019-04-29—R$ 2.7334
dividend2018-04-272018-05-03—R$ 3.1345
dividend2017-04-282017-07-24—R$ 2.8713
dividend2016-04-292016-11-07—R$ 1.2143
dividend2015-04-302015-06-30—R$ 2.5184

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: JanFebMar1Apr4May1JunJulAug2SepOctNov5Dec2

Per year

yearper sharepaymentsyield
2026R$ 0.525711.4%
2025R$ 1.182933.1%
2024R$ 1.281443.0%
2023R$ 0.296510.9%
2022R$ 1.734243.4%
2021R$ 11.2973319.7%
2020R$ 32.1168256.3%
2019R$ 3.888428.3%
2018R$ 3.134518.4%
2017R$ 2.871317.6%

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

Shareholders and free float

35.40%free float
6,420,507 sharesshares outstanding held by the market, as filed in the FRE
1,391shareholders
1,361 individuals · 26 companies · 4 institutionalcount at the last shareholders meeting, from the FRE
ADRECOR ADMINISTRAÇÃO LTDA +3controlling shareholder
as declared in the FREshareholders the company marks as controlling
80% ONtag along (minimum)
Básicominimum guaranteed by the listing segment or by law; the bylaws may grant more
shareholdertype% ON% PN% total
ADRECOR ADMINISTRAÇÃO LTDA ctrl agreementPJ0.05%64.79%31.54%
FUNDAÇÃO MARIA EMILIA PEDREIRA FREIRE DE CARVALHOPJ18.86%3.22%11.25%
JOSÉ RENATO DE ALMEIDA GONÇALVES TOURINHO ctrl agreementPF16.57%0.74%8.87%
THEREZA DE ALMEIDA GONÇALVES TOURINHO ctrl agreementPF16.36%0.70%8.74%
Patrimonial Mundo Novo Ltda agreementPJ6.13%1.80%4.03%
SOCIEDADE AGRÍCOLA SANTA TEREZA LTDA ctrlPJ0.00%0.37%0.18%
Others (market)———35.40%
Treasury shares———0.00%

Direct holdings from the reference form (FRE) filed on 2026-06-01, 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
2026-09-14Reunião da Administração · Conselho de AdministraçãoINSTAURAÇÃO DE PROCEDIMENTO ARBITRALopen
2026-09-03Fato RelevanteINSTAURAÇÃO DE PROCEDIMENTO ARBITRALopen
2026-09-02Valores Mobiliários negociados e detidos (art. 11 da Instr. CVM nº 358) · Posição Consolidada—open
2026-08-17Reunião da Administração · Conselho FiscalParecer acerca das Demonstrações Financeirasopen
2026-08-17Reunião da Administração · Conselho de AdministraçãoInformações Trimestrais relativas ao 2º ITR de 2026open
2026-08-11Fato RelevanteAjuste de Preço - Relatorio Inicialopen
2026-08-10Valores Mobiliários negociados e detidos (art. 11 da Instr. CVM nº 358) · Posição Consolidada—open
2026-07-10Valores Mobiliários negociados e detidos (art. 11 da Instr. CVM nº 358) · Posição Consolidada—open
2026-06-10Valores Mobiliários negociados e detidos (art. 11 da Instr. CVM nº 358) · Posição Consolidada—open
2026-05-25Reunião da Administração · Conselho FiscalParecer acerca das Demonstrações Financeirasopen

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 3/9 (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
2020DRE 3.05709.8-26.4
2020DRE 3.07714.9-9.0
2020DRE 3.09464.6-9.0
2020BPA 1.01558.3236.9
2020BPP 2.01268.111.0
2020DRE 3.08-250.3no value in the file
2020DRE 3.01180.926.8
2020BPP 2.03564.2686.5

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.

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

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/PEAB3/indicadores. WEGE3 is open for testing without a key; for the rest, create a free key (200 calls/day, no card).

Price coverage: 854 sessions, 2010-01-27 → 2026-09-10 · 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 08:22 UTC. If this does not match /saude, you are reading a cached copy.