Latest Ratios: P/E Ratio 23.8x · EV/EBITDA 56.6x · ROE 23.8%. (2023–2024 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2024 | FY 2023 |
|---|---|---|---|
| Market Cap | $893M | — | — |
| Enterprise Value | $2.7B | — | — |
| P/E Ratio → | 23.84 | — | — |
| P/S Ratio | 0.62 | — | — |
| P/B Ratio | 5.74 | — | — |
| P/FCF | 52.86 | — | — |
| P/OCF | 51.21 | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2024 | FY 2023 |
|---|---|---|---|
| EV / Revenue | — | — | — |
| EV / EBITDA | 56.57 | — | — |
| EV / EBIT | 58.35 | — | — |
| EV / FCF | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 |
|---|---|---|---|
| Gross Margin | 5.9% | 5.9% | 4.8% |
| Operating Margin | 3.2% | 3.2% | 3.1% |
| Net Profit Margin | 2.6% | 2.6% | 2.4% |
| Metric | TTM | FY 2024 | FY 2023 |
|---|---|---|---|
| ROE | 23.8% | 23.8% | 18.9% |
| ROA | 1.5% | 1.5% | 1.4% |
| ROIC | 2.0% | 2.0% | 2.1% |
| ROCE | 2.3% | 2.3% | 2.3% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2024 | FY 2023 |
|---|---|---|---|
| Debt / Equity | 12.34 | 12.34 | 7.70 |
| Debt / EBITDA | 40.20 | 40.20 | 30.53 |
| Net Debt / Equity | — | 11.62 | 7.35 |
| Net Debt / EBITDA | 37.87 | 37.87 | 29.14 |
| Debt / FCF | — | 107.05 | 26.83 |
| Interest Coverage | — | — | — |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2024 | FY 2023 |
|---|---|---|---|
| Current Ratio | 1.25 | 1.25 | 0.80 |
| Quick Ratio | 1.25 | 1.25 | 0.80 |
| Cash Ratio | 0.21 | 0.21 | 0.13 |
| Asset Turnover | — | 0.49 | 0.61 |
| Inventory Turnover | — | — | — |
| Days Sales Outstanding | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 |
|---|---|---|---|
| Dividend Yield | — | — | — |
| Payout Ratio | — | — | — |
| Metric | TTM | FY 2024 | FY 2023 |
|---|---|---|---|
| Earnings Yield | 4.2% | — | — |
| FCF Yield | 1.9% | — | — |
| Buyback Yield | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | — | — |
| Shares Outstanding | — | $79M | $79M |
Transactional revenue volatility
Based on current market data, BRBI trades at an EV/EBITDA multiple of 56.31, which appears significantly detached from the firm's underlying profitability and suggests that investors are pricing in an optimistic growth trajectory that is not currently supported by the reported 2025Q2 financial performance metrics.
The elevated P/E of 23.50 and P/FCF of 52.11 indicate that the market is assigning a premium to the firm's independent advisory brand, yet this valuation is difficult to justify given the thin net margins and volatile cash flow. Investors should monitor whether this multiple reflects a mispricing of the firm's treasury-heavy business model compared to more pure-play advisory peers.
As reported in recent financial statements, BRBI's ROIC has stagnated at a negligible 0.4% in 2025Q2, reflecting a persistent inability to generate meaningful returns on invested capital within the current Brazilian interest rate environment and the firm's specific operational cost structure.
The low ROIC and ROE figures suggest that the firm is struggling to compound value, likely due to the high capital requirements of its treasury operations relative to the net income generated. This trend warrants further investigation into whether the firm's partnership-heavy structure is effectively allocating capital toward high-growth mandates.
According to the latest quarterly filings, BRBI's asset turnover ratio of 0.21 in 2025Q2 highlights a significant inefficiency in utilizing the balance sheet to drive revenue, suggesting that the firm's current scale is insufficient to overcome the fixed costs inherent in its advisory and treasury operations.
The low turnover ratio implies that the firm's assets are not being deployed with the velocity required to sustain higher margins. This inefficiency appears structural, as the firm's reliance on complex, project-based mandates limits the frequency with which it can cycle capital through its core business lines.
Based on the provided balance sheet data, BRBI's current ratio plummeted to 0.30 in 2025Q2, signaling a rapid deterioration in the firm's ability to cover short-term obligations with liquid assets during a period of heightened operational volatility and market-wide uncertainty in the Brazilian financial sector.
This sharp decline in liquidity suggests that the firm's treasury activities may be consuming cash at an unsustainable rate, leaving little room for error in the event of a market shock. Investors should monitor the firm's ability to maintain sufficient liquidity to meet its short-term debt obligations without further diluting shareholder equity.
The debt-to-equity ratio of 13.79 is frequently misapplied to BRBI, as it fails to account for the unique nature of a banking license where client deposits and repurchase agreements are categorized as debt, thereby distorting the firm's true financial leverage and risk profile.
Analysts should instead focus on the firm's net interest margin and the quality of its credit provisions, as these metrics provide a more accurate view of the risks associated with its treasury operations. Relying on headline leverage ratios likely leads to an overestimation of the firm's insolvency risk while ignoring the operational volatility of its advisory business.
Includes 30+ ratios · 2 years · Updated daily
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Quick answers to the most common questions about buying BRBI stock.
BRBI BR Partners S.A. ADSs's current P/E ratio is 23.8x. This places it at the 50th percentile of its historical range.
BRBI BR Partners S.A. ADSs's current EV/EBITDA is 56.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA.
BRBI BR Partners S.A. ADSs's return on equity (ROE) is 23.8%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 21.4%.
Based on historical data, BRBI BR Partners S.A. ADSs is trading at a P/E of 23.8x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
BRBI BR Partners S.A. ADSs has 5.9% gross margin and 3.2% operating margin.
BRBI BR Partners S.A. ADSs's Debt/EBITDA ratio is 40.2x, indicating high leverage. A ratio above 4x may signal elevated financial risk.