MRV Engenharia e Participacoes SA
BOVESPA:MRVE3
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
MRV Engenharia e Participacoes SA
BOVESPA:MRVE3
|
BR |
|
Voyager Digital Ltd
TSX:VOYG
|
US |
|
P
|
Prosperous Future Holdings Ltd
HKEX:1259
|
CN |
|
Chongqing Rural Commercial Bank Co Ltd
SSE:601077
|
CN |
|
C
|
CNSIG Inner Mongolia Chemical Industry Co Ltd
SSE:600328
|
CN |
|
Y
|
Yantai Eddie Precision Machinery Co Ltd
SSE:603638
|
CN |
|
W
|
Wallbox NV
NYSE:WBX
|
ES |
|
Wacker Chemie AG
XETRA:WCH
|
DE |
|
S
|
Shangri-La Hotels (Malaysia) Bhd
KLSE:SHANG
|
MY |
|
M
|
Misawa & Co Ltd
TSE:3169
|
JP |
|
M
|
MHC JSC
VN:MHC
|
VN |
|
N
|
NZ Automotive Investments Ltd
NZX:NZA
|
NZ |
|
Lundin Energy AB
OTC:LNDNF
|
SE |
|
N
|
Nan Yang Dyeing & Finishing Co Ltd
TWSE:1410
|
TW |
|
HFCL Ltd
NSE:HFCL
|
IN |
|
James Latham PLC
LSE:LTHM
|
UK |
|
GameStop Corp
NYSE:GME
|
US |
|
S
|
Stendorren Fastigheter AB
STO:STEF B
|
SE |
|
Y
|
Yunnan Wenshan Electric Power Co Ltd
SSE:600995
|
CN |
|
Valid Solucoes SA
BOVESPA:VLID3
|
BR |
|
Y
|
Y's Table Corp
TSE:2798
|
JP |
|
R
|
Red Metal Resources Ltd
CNSX:RMES
|
CA |
|
Kama Holdings Ltd
BSE:532468
|
IN |
|
Honda India Power Products Ltd
NSE:HONDAPOWER
|
IN |
MRV Engenharia e Participacoes SA
MRV Engenharia e Participaçoes SA engages in the management of company-owned assets. The company is headquartered in Belo Horizonte, Minas Gerais. The company went IPO on 2007-07-13. The firm's activities are divided into three business segments: Real estate development (Residential), which is active in the development, construction and sale of own and third-party real estate; Investment property (LOG), which focuses on the construction and rental, under operating leases, of industrial warehouses, shopping malls and strip malls, as well as subdivision and sale of industrial land, and Urban land subdivisions (Urbamais), which is responsible for the development and sale of residential and commercial urban land subdivisions. The Company’s project developments and construction works are carried out directly by the Company or through its partnerships and special purpose entities. Its subsidiaries include MDI Desenvolvimento Imobiliario Ltda, MRV Construcoes Ltda and Urbamais Propriedades e Participacoes SA, among others.
MRV Engenharia e Participaçoes SA engages in the management of company-owned assets. The company is headquartered in Belo Horizonte, Minas Gerais. The company went IPO on 2007-07-13. The firm's activities are divided into three business segments: Real estate development (Residential), which is active in the development, construction and sale of own and third-party real estate; Investment property (LOG), which focuses on the construction and rental, under operating leases, of industrial warehouses, shopping malls and strip malls, as well as subdivision and sale of industrial land, and Urban land subdivisions (Urbamais), which is responsible for the development and sale of residential and commercial urban land subdivisions. The Company’s project developments and construction works are carried out directly by the Company or through its partnerships and special purpose entities. Its subsidiaries include MDI Desenvolvimento Imobiliario Ltda, MRV Construcoes Ltda and Urbamais Propriedades e Participacoes SA, among others.
Profitability: Gross margin hit multi-year highs (company said highest in 26 quarters) and 2025 closed at 30.4%, above guidance.
Revenue & Volume: Q4 net operating revenue was BRL 2.8 billion and 2025 net operating revenue totaled BRL 10.1 billion (slightly above guidance midpoint).
Cash/Cash generation: Adjusted cash generation ex-credit assignment was BRL 182 million in Q4, but cash fell short for the year due to a 5,000-unit transfer lag that reduced cash by BRL 600 million.
Margins & Earnings: Q4 EBITDA was BRL 602 million and adjusted net income was BRL 268 million; full-year EBITDA BRL 1.9 billion and net income BRL 611 million (both strong YoY improvements).
Capital allocation / balance sheet: Net leverage around 1x net debt / annualized EBITDA (about half prior-year level) and no need to roll corporate debt over the next two years.
Subsidiaries & restructuring: Urba and Luggo showed improvement (Urba net operating revenue BRL 371 million, net income BRL 20 million); Resia is being delevered and MRV will not start new Resia projects within MRV&Co.
Costs & SG&A: SG&A as % of net operating revenue improved (Q4 at 11.8%; full year 13.9%) and management expects further dilution as revenue grows and headcount/sales structure is optimized.
