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Multiplan Empreendimentos Imobiliários S.A.BOVESPA:MULT3 Stock Report

Market Cap R$13.9b
Share Price
n/a
1Y12.9%
7D-4.4%
1D-0.7%
Portfolio Value
View

Multiplan Empreendimentos Imobiliários S.A.

BOVESPA:MULT3 Stock Report

Market Cap: R$13.9b

Multiplan Empreendimentos Imobiliários (MULT3) Stock Overview

Multiplan Empreendimentos Imobiliários S.A. More details

MULT3 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends4/6

MULT3 Community Fair Values

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Multiplan Empreendimentos Imobiliários S.A. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Multiplan Empreendimentos Imobiliários
Historical stock prices
Current Share PriceR$28.32
52 Week HighR$35.96
52 Week LowR$24.73
Beta0.11
1 Month Change1.07%
3 Month Change-15.89%
1 Year Change12.87%
3 Year Change7.15%
5 Year Change23.34%
Change since IPO254.00%

Recent News & Updates

Narrative Update Jun 26

MULT3: Higher Margin Outlook Will Support Repriced Fair Value Estimate

Analysts have raised their price target on Multiplan Empreendimentos Imobiliários to R$46.00 from R$43.35, citing updated assumptions that include a different discount rate, adjusted expectations for revenue growth, higher projected profit margins, and a revised future P/E multiple. What’s in the News for Multiplan Empreendimentos Imobiliários Board meeting scheduled for March 30, 2026, at 15:00 US Eastern Standard Time to discuss and resolve on the re-election of Multiplan Empreendimentos Imobiliários S.A. executive officers for a new 2 year term.
Narrative Update Jun 12

MULT3: Future Board Incentives And Governance Changes Will Support Fair Value

Analysts have slightly reduced their price target for Multiplan Empreendimentos Imobiliários from about R$37.85 to around R$37.54, reflecting updated assumptions for the discount rate, revenue growth, profit margins and future P/E levels. What's in the News Board meeting scheduled for Mar 25, 2026, at 14:00 US Eastern Standard Time, with no specific agenda disclosed in the summary provided.
Narrative Update May 28

MULT3: Bylaw Updates And Capitalization Plan Will Support Higher Fair Value

Analysts have nudged their price target for Multiplan Empreendimentos Imobiliários slightly higher to R$37.85 from R$37.46, citing updated assumptions on discount rates, revenue growth, margins and future P/E that modestly lift estimated fair value. What's in the News An extraordinary shareholders meeting is scheduled for Mar 27, 2026 to approve updates to the bylaws following the cancellation of 87,597,174 treasury shares, with no change in the total capital value.
Narrative Update Apr 28

MULT3: Bylaw Changes And Capitalization Plan Will Support Positive Future Outlook

Analysts have nudged their price target for Multiplan Empreendimentos Imobiliários slightly higher, from about R$36.91 to roughly R$37.46, citing updated assumptions around revenue growth, profit margin and future P/E as key drivers of the change. What's in the News A special shareholders meeting is set for Mar 27, 2026 to update Article 5 of the bylaws after the cancellation of 87,597,174 treasury shares, with no change to total capital value, and to reflect this new share count in the company’s capital structure (Key Developments).
Narrative Update Apr 11

MULT3: Remote Bylaw Changes And Capitalization Plan Will Shape Balanced Outlook

Analysts have raised their price target for Multiplan Empreendimentos Imobiliários slightly, to R$36.91 from R$36.60, reflecting updated assumptions for discount rates, revenue trends, profit margins and future P/E levels. What's in the News Board meeting scheduled for February 4, 2026, at 18:00 UTC, with the agenda described broadly as a Board Meeting for Multiplan Empreendimentos Imobiliários S.A. (company event) Extraordinary shareholders meeting set for March 27, 2026, to be held exclusively remotely in Brazil at 19:00 UTC, to update Article 5 of the bylaws after the cancellation of 87,597,174 treasury shares, with no change to the total capital stock value (company event) The same March 27, 2026, meeting will also vote on a R$320,000,000.00 capital stock increase via capitalization of profit reserves, without issuing new shares, along with amendments to Articles 3 and 5 and consolidation of the bylaws (company event) Board meeting scheduled for March 30, 2026, at 15:00 US Eastern Standard Time, to discuss and decide on the re-election of the company’s executive officers for a new 2-year term (company event) Valuation Changes Fair Value: R$36.91, up slightly from R$36.60, reflecting refreshed model assumptions.

Recent updates

Narrative Update Jun 26

MULT3: Higher Margin Outlook Will Support Repriced Fair Value Estimate

Analysts have raised their price target on Multiplan Empreendimentos Imobiliários to R$46.00 from R$43.35, citing updated assumptions that include a different discount rate, adjusted expectations for revenue growth, higher projected profit margins, and a revised future P/E multiple. What’s in the News for Multiplan Empreendimentos Imobiliários Board meeting scheduled for March 30, 2026, at 15:00 US Eastern Standard Time to discuss and resolve on the re-election of Multiplan Empreendimentos Imobiliários S.A. executive officers for a new 2 year term.
Narrative Update Jun 12

MULT3: Future Board Incentives And Governance Changes Will Support Fair Value

Analysts have slightly reduced their price target for Multiplan Empreendimentos Imobiliários from about R$37.85 to around R$37.54, reflecting updated assumptions for the discount rate, revenue growth, profit margins and future P/E levels. What's in the News Board meeting scheduled for Mar 25, 2026, at 14:00 US Eastern Standard Time, with no specific agenda disclosed in the summary provided.
Narrative Update May 28

MULT3: Bylaw Updates And Capitalization Plan Will Support Higher Fair Value

Analysts have nudged their price target for Multiplan Empreendimentos Imobiliários slightly higher to R$37.85 from R$37.46, citing updated assumptions on discount rates, revenue growth, margins and future P/E that modestly lift estimated fair value. What's in the News An extraordinary shareholders meeting is scheduled for Mar 27, 2026 to approve updates to the bylaws following the cancellation of 87,597,174 treasury shares, with no change in the total capital value.
Narrative Update Apr 28

MULT3: Bylaw Changes And Capitalization Plan Will Support Positive Future Outlook

Analysts have nudged their price target for Multiplan Empreendimentos Imobiliários slightly higher, from about R$36.91 to roughly R$37.46, citing updated assumptions around revenue growth, profit margin and future P/E as key drivers of the change. What's in the News A special shareholders meeting is set for Mar 27, 2026 to update Article 5 of the bylaws after the cancellation of 87,597,174 treasury shares, with no change to total capital value, and to reflect this new share count in the company’s capital structure (Key Developments).
Narrative Update Apr 11

MULT3: Remote Bylaw Changes And Capitalization Plan Will Shape Balanced Outlook

Analysts have raised their price target for Multiplan Empreendimentos Imobiliários slightly, to R$36.91 from R$36.60, reflecting updated assumptions for discount rates, revenue trends, profit margins and future P/E levels. What's in the News Board meeting scheduled for February 4, 2026, at 18:00 UTC, with the agenda described broadly as a Board Meeting for Multiplan Empreendimentos Imobiliários S.A. (company event) Extraordinary shareholders meeting set for March 27, 2026, to be held exclusively remotely in Brazil at 19:00 UTC, to update Article 5 of the bylaws after the cancellation of 87,597,174 treasury shares, with no change to the total capital stock value (company event) The same March 27, 2026, meeting will also vote on a R$320,000,000.00 capital stock increase via capitalization of profit reserves, without issuing new shares, along with amendments to Articles 3 and 5 and consolidation of the bylaws (company event) Board meeting scheduled for March 30, 2026, at 15:00 US Eastern Standard Time, to discuss and decide on the re-election of the company’s executive officers for a new 2-year term (company event) Valuation Changes Fair Value: R$36.91, up slightly from R$36.60, reflecting refreshed model assumptions.
Narrative Update Mar 27

MULT3: Remote Bylaw Changes And Capitalization Plan Will Support Long-Term Upside

Analysts have lifted their price target for Multiplan Empreendimentos Imobiliários to R$36.60. The revision is tied to updated fair value estimates, a modestly higher discount rate, mixed views on revenue growth, a slightly stronger profit margin outlook, and a higher expected future P/E multiple.
Narrative Update Mar 11

MULT3: Upcoming Shareholder Meetings Will Support Bullish Long-Term Outlook

Analysts have kept their R$36.29 price target for Multiplan Empreendimentos Imobiliários broadly unchanged, as small tweaks to the discount rate and assumed future P/E multiple did not materially alter their fair value view. What's in the News A Special and Extraordinary Shareholders Meeting is scheduled for Mar 27, 2026, to be held exclusively remotely in Brazil, giving investors a chance to monitor any potential corporate or governance decisions that may emerge from the agenda (Key Developments).
Narrative Update Feb 24

MULT3: Softer Assumptions And Board Meeting Will Shape Fair Value Outlook

Analysts have lifted their price target for Multiplan Empreendimentos Imobiliários from R$34.75 to R$36.29, citing updated assumptions that include a slightly lower discount rate, a small shift to positive revenue growth, improved profit margin expectations, and a lower future P/E multiple. What's in the News A board meeting is scheduled for February 4, 2026, at 18:00 Coordinated Universal Time to address regular corporate matters of Multiplan Empreendimentos Imobiliários S.A. (Key Developments) Valuation Changes Fair Value: R$34.75 updated to R$36.29, a small upward adjustment in the estimated share value.
New Narrative Feb 16

Expansion Plans And Margin Assumptions Will Likely Strain Cash Flows Over Time

Catalysts About Multiplan Empreendimentos Imobiliários Multiplan Empreendimentos Imobiliários develops, owns and operates shopping malls and related real estate projects in Brazil. What are the underlying business or industry changes driving this perspective?
Narrative Update Feb 09

MULT3: Softer Assumptions And Board Meeting Timing Will Support Fair Value

Analysts have nudged their price target for Multiplan Empreendimentos Imobiliários slightly higher to R$34.75 from R$34.19, citing adjusted assumptions around discount rates, revenue contraction, profit margins and future P/E as the key drivers of the change. What's in the News Multiplan Empreendimentos Imobiliários S.A. scheduled a board meeting for February 4, 2026 at 18:00 Coordinated Universal Time.
New Narrative Jan 31

Long-Term Development Pipeline And Urban Rule Changes Will Drive Future Earnings Power

Catalysts About Multiplan Empreendimentos Imobiliários Multiplan Empreendimentos Imobiliários develops, owns and manages shopping malls and large mixed use real estate projects in Brazil. What are the underlying business or industry changes driving this perspective?
Narrative Update Jan 24

MULT3: Slightly Softer Assumptions Will Sustain Fairly Valued Outlook

Analysts have made only a marginal adjustment to their price target for Multiplan Empreendimentos Imobiliários, citing slightly lower discount rate assumptions and a modestly revised revenue contraction and margin outlook rather than any major change in their core valuation view. Valuation Changes Fair Value: Unchanged at R$34.19 per share, indicating no adjustment to the core fair value estimate.
Analysis Article Jan 10

Does Multiplan Empreendimentos Imobiliários (BVMF:MULT3) Deserve A Spot On Your Watchlist?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Narrative Update Jan 09

MULT3: Stable Assumptions And Higher Future P/E Will Support Upside

Analysts have maintained their fair value target for Multiplan Empreendimentos Imobiliários at R$34.19, explaining that recent adjustments were limited to inputs such as the discount rate, revenue growth expectations, profit margin and future P/E assumptions, rather than indicating a change in their overall view. Valuation Changes Fair Value: Fair value per share remains at R$34.19.
Narrative Update Dec 22

MULT3: Lower Discount Rate Will Support Future Upside Potential

Analysts have nudged their price target on Multiplan Empreendimentos Imobiliários slightly higher to R$34.19, from R$33.96. This reflects minor adjustments to discount rates and long term earnings assumptions, despite modestly softer revenue growth and profit margin forecasts.
Narrative Update Dec 08

MULT3: Stable Margins And Higher Multiple Will Support Future Upside Potential

Analysts have nudged their price target for Multiplan Empreendimentos Imobiliários slightly higher to R$33.96. This reflects modest tweaks to discount rate and forward valuation assumptions while keeping growth and margin expectations broadly unchanged.
Analysis Article Nov 28

Multiplan Empreendimentos Imobiliários S.A.'s (BVMF:MULT3) Popularity With Investors Is Under Threat From Overpricing

When close to half the companies in Brazil have price-to-earnings ratios (or "P/E's") below 9x, you may consider...
Narrative Update Nov 24

MULT3: Profit Margin Stability Will Drive Improved Outlook And Future Upside

Analysts have slightly raised their price target for Multiplan Empreendimentos Imobiliários, increasing the fair value estimate from R$33.65 to R$33.96. They cite an improved revenue growth outlook and steadier profit margins.
Narrative Update Nov 09

MULT3: Profit Margin Improvements Are Expected To Increase Upside Potential

Analysts have modestly raised their price target for Multiplan Empreendimentos Imobiliários from R$33.50 to R$33.65. They cite improvements in projected profit margin and overall fair value, despite tempered expectations for revenue growth.
Analysis Article Nov 06

These 4 Measures Indicate That Multiplan Empreendimentos Imobiliários (BVMF:MULT3) Is Using Debt Reasonably Well

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Narrative Update Oct 26

Mall And Digital Projects Will Create Value Despite Economic Risks

Analysts have raised their price target for Multiplan Empreendimentos Imobiliários from R$33.12 to R$33.50. They cite slight adjustments to revenue growth estimates and an updated discount rate in their valuation models.
Analysis Article Oct 03

Here's Why We Think Multiplan Empreendimentos Imobiliários (BVMF:MULT3) Is Well Worth Watching

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Jul 13

Is Multiplan Empreendimentos Imobiliários (BVMF:MULT3) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Analysis Article Jun 25

Here's Why Multiplan Empreendimentos Imobiliários (BVMF:MULT3) Has Caught The Eye Of Investors

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Apr 28

Multiplan Empreendimentos Imobiliários S.A. (BVMF:MULT3) Just Released Its First-Quarter Earnings: Here's What Analysts Think

Investors in Multiplan Empreendimentos Imobiliários S.A. ( BVMF:MULT3 ) had a good week, as its shares rose 5.6% to...
Analysis Article Apr 04

Multiplan Empreendimentos Imobiliários (BVMF:MULT3) Has A Pretty Healthy Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
User avatar
New Narrative Mar 16

Upcoming Expansions Will Improve Customer Experience But May Impact Profit Margins

Expansion projects and technological investments, such as the Multi app, are set to drive revenue growth and enhance customer experiences in key shopping centers.
Analysis Article Feb 28

Risks To Shareholder Returns Are Elevated At These Prices For Multiplan Empreendimentos Imobiliários S.A. (BVMF:MULT3)

It's not a stretch to say that Multiplan Empreendimentos Imobiliários S.A.'s ( BVMF:MULT3 ) price-to-earnings (or...
Analysis Article Jan 31

We Ran A Stock Scan For Earnings Growth And Multiplan Empreendimentos Imobiliários (BVMF:MULT3) Passed With Ease

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Nov 17

Is Multiplan Empreendimentos Imobiliários (BVMF:MULT3) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Oct 23

Multiplan Empreendimentos Imobiliários S.A.'s (BVMF:MULT3) Shareholders Might Be Looking For Exit

When close to half the companies in Brazil have price-to-earnings ratios (or "P/E's") below 9x, you may consider...
Analysis Article Oct 05

Multiplan Empreendimentos Imobiliários (BVMF:MULT3) Is Due To Pay A Dividend Of R$0.199

Multiplan Empreendimentos Imobiliários S.A.'s ( BVMF:MULT3 ) investors are due to receive a payment of R$0.199 per...
Analysis Article Aug 15

Multiplan Empreendimentos Imobiliários (BVMF:MULT3) Has A Pretty Healthy Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jul 23

Here's Why Multiplan Empreendimentos Imobiliários (BVMF:MULT3) Has Caught The Eye Of Investors

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Apr 04

Multiplan Empreendimentos Imobiliários' (BVMF:MULT3) Dividend Will Be R$0.1548

Multiplan Empreendimentos Imobiliários S.A. ( BVMF:MULT3 ) has announced that it will pay a dividend of R$0.1548 per...
Analysis Article Mar 01

We Think Multiplan Empreendimentos Imobiliários (BVMF:MULT3) Can Stay On Top Of Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Feb 11

Analysts Are Updating Their Multiplan Empreendimentos Imobiliários S.A. (BVMF:MULT3) Estimates After Its Full-Year Results

Last week, you might have seen that Multiplan Empreendimentos Imobiliários S.A. ( BVMF:MULT3 ) released its yearly...
Analysis Article Feb 05

Risks To Shareholder Returns Are Elevated At These Prices For Multiplan Empreendimentos Imobiliários S.A. (BVMF:MULT3)

When close to half the companies in Brazil have price-to-earnings ratios (or "P/E's") below 11x, you may consider...
Analysis Article Oct 27

Multiplan Empreendimentos Imobiliários (BVMF:MULT3) Seems To Use Debt Quite Sensibly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Aug 22

With EPS Growth And More, Multiplan Empreendimentos Imobiliários (BVMF:MULT3) Makes An Interesting Case

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Jul 17

We Think Multiplan Empreendimentos Imobiliários (BVMF:MULT3) Can Stay On Top Of Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Apr 07

We Think Multiplan Empreendimentos Imobiliários (BVMF:MULT3) Can Stay On Top Of Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Mar 01

Do Multiplan Empreendimentos Imobiliários' (BVMF:MULT3) Earnings Warrant Your Attention?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Dec 31

Multiplan Empreendimentos Imobiliários (BVMF:MULT3) Seems To Use Debt Quite Sensibly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Nov 25

Here's Why We Think Multiplan Empreendimentos Imobiliários (BVMF:MULT3) Is Well Worth Watching

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Sep 14

Multiplan Empreendimentos Imobiliários (BVMF:MULT3) Seems To Use Debt Quite Sensibly

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jun 05

Multiplan Empreendimentos Imobiliários (BVMF:MULT3) Seems To Use Debt Quite Sensibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

MULT3BR Real EstateBR Market
7D-4.4%-4.8%-2.3%
1Y12.9%20.2%17.0%

Return vs Industry: MULT3 underperformed the BR Real Estate industry which returned 20.2% over the past year.

Return vs Market: MULT3 underperformed the BR Market which returned 17% over the past year.

Price Volatility

Is MULT3's price volatile compared to industry and market?
MULT3 volatility
MULT3 Average Weekly Movement3.8%
Real Estate Industry Average Movement5.5%
Market Average Movement4.5%
10% most volatile stocks in BR Market7.8%
10% least volatile stocks in BR Market1.9%

Stable Share Price: MULT3 has not had significant price volatility in the past 3 months compared to the BR market.

Volatility Over Time: MULT3's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197480,513Eduardo Pereswww.multiplan.com.br

Multiplan Empreendimentos Imobiliários S.A. engages in the planning, implementation, development, and sale of real estate projects in Brazil. The company develops residential or commercial properties, including urban shopping malls. It is also involved in the purchase and sale of real estate properties, as well as acquisition and disposal of real estate rights, and its operation through leasing.

Multiplan Empreendimentos Imobiliários S.A. Fundamentals Summary

How do Multiplan Empreendimentos Imobiliários's earnings and revenue compare to its market cap?
MULT3 fundamental statistics
Market capR$13.89b
Earnings (TTM)R$1.22b
Revenue (TTM)R$3.04b
11.4x
P/E Ratio
4.6x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MULT3 income statement (TTM)
RevenueR$3.04b
Cost of RevenueR$680.16m
Gross ProfitR$2.36b
Other ExpensesR$1.14b
EarningsR$1.22b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Jul 30, 2026

Earnings per share (EPS)2.49
Gross Margin77.63%
Net Profit Margin40.23%
Debt/Equity Ratio83.7%

How did MULT3 perform over the long term?

See historical performance and comparison

Dividends

4.0%
Current Dividend Yield
36%
Payout Ratio

Does MULT3 pay a reliable dividends?

See MULT3 dividend history and benchmarks
When do you need to buy MULT3 by to receive an upcoming dividend?
Multiplan Empreendimentos Imobiliários dividend dates
Ex Dividend DateSep 29 2025
Dividend Pay DateSep 30 2026
Days until Ex dividend295 days
Days until Dividend pay date71 days

Does MULT3 pay a reliable dividends?

See MULT3 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/21 01:33
End of Day Share Price 2026/07/20 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Multiplan Empreendimentos Imobiliários S.A. is covered by 19 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Guilherme CastroBarclays
Felipe MesquitaBB Banco de Investimento S.A.
Victor Tapia MigliorinBofA Global Research