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Suzano USD

Update

Re-runs extraction for each period with period-end year from max(2023, current year − 2) through the current year, oldest first (up to three reporting years). This can take a long time.

Sector: Pulp & paper

COMM_SUZ

Price chart

8.125 USDDay -0.31%

Key metrics

Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.

Market

Price
8.125 USD · -0.31%
Market cap
10.0 bn USD

Growth

Δ revenue y/y
6.3%
Δ EBITDA y/y
8.5%

Multiples

P/E (LTM)
2.4x
P/B (FY)
P/E (ann.)
2.9x
EV/EBITDA (LTM)
4.0x
EV/EBITDA (ann.)
6.4x

Cash return

Dividend yield
0.0%
FCF yield (LTM)
5.2%

Liquidity

Daily turnover (listing)
13.1 mln USD

Shares: yahoo_fundamentals_timeseries/SUZ

🔍 Sanity check — subtotal consistency (Level-1 + Level-2) OK: 9 / Warn: 3 / Err: 4 / Autofix applied: 0
Port of PHP subtotal-total + sign-flip detection logic
PeriodIssues
2023-03-31 Q1OK
2023-06-30 Q2OK
2023-09-30 Q3Warn 1
2023-12-31 FYOK
2023-12-31 Q4OK
2024-03-31 Q1Warn 1
2024-06-30 Q2Errors 1
2024-09-30 Q3OK
2024-12-31 FYErrors 1
2024-12-31 Q4Errors 1
2025-03-31 Q1Errors 1
2025-06-30 Q2OK
2025-09-30 Q3OK
2025-12-31 FYOK
2025-12-31 Q4Warn 1
2026-03-31 Q1OK
All checks pass · Has warnings (review) · Has errors (needs fix) · ✓* Autofix applied (see evidence)

Financial dynamics

Monetary columns are in M USD, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.

DatePeriodStatusRevenueM USDOperating profitM USDD&AM USDEBITDAM USDNet profitM USDOperating CFM USDCapex + M&AM USDAssetsM USDEquityM USDROE (annualized)Net debtM USDSource
2026-03-31Q1 2026 (3M)PARTIAL2186.0
y/y 6.3%
y/y
y/y
924.8
y/y 8.5%
859.4
y/y -23.9%
578.1-598.4
y/y
y/y
13629.5
2025-12-31FY 2025 (12M)PARTIAL6893.4
y/y 24.4%
y/y
y/y
3118.2
y/y 6.4%
2089.4
y/y 222.8%
2565.2-1649.1
y/y
y/y
12725.7
2025-09-30Q3 2025 (3M)PARTIAL2258.1
y/y 6.0%
y/y
y/y
908.0
y/y -18.6%
364.4
y/y -35.1%
749.6-647.2
y/y
y/y
12892.7
2025-06-30Q2 2025 (3M)PARTIAL2384.7
y/y 16.4%
y/y
y/y
1027.8
y/y -14.7%
898.9
y/y
778.5-574.5
y/y
y/y
12780.4
2025-03-31Q1 2025 (3M)PARTIAL2055.7
y/y 11.2%
y/y
y/y
852.0
y/y -4.2%
1129.6
y/y 2526.9%
786.1-548.0
y/y
y/y
13276.1
2024-12-31FY 2024 (12M)PARTIAL5543.1
y/y -14.0%
y/y
y/y
2929.9
y/y -12.0%
-1702.1
y/y -155.6%
2419.1-1963.3
y/y
y/y
12859.6
2024-09-30Q3 2024 (3M)PARTIAL2130.0
y/y 20.1%
y/y
y/y
1116.0
y/y 54.7%
1232.9
y/y
916.1-712.8
y/y
y/y
12259.1
2024-06-30Q2 2024 (3M)PARTIAL2048.5
y/y 5.6%
y/y
y/y
1205.6
y/y 15.5%
-714.1
y/y -162.4%
1081.5-771.0
y/y
y/y
11943.6
2024-03-31Q1 2024 (3M)PARTIAL1848.5
y/y -18.3%
y/y
y/y
889.5
y/y -26.9%
43.0
y/y -95.9%
596.9-829.2
y/y
y/y
11740.2
2023-12-31FY 2023 (12M)PARTIAL6442.5
y/y
y/y
y/y
3330.0
y/y
3059.6
y/y
3085.8-2735.8
y/y
y/y
11573.4
2023-09-30Q3 2023 (3M)PARTIAL1773.3
y/y
y/y
y/y
721.5
y/y
-144.4
y/y
492.6-892.5
y/y
y/y
11509.3
2023-06-30Q2 2023 (3M)PARTIAL1939.2
y/y
y/y
y/y
1043.9
y/y
1075.0
y/y
1264.1-1019.5
y/y
y/y
11593.2
2023-03-31Q1 2023 (3M)PARTIAL2262.0
y/y
y/y
y/y
1217.6
y/y
1051.7
y/y
862.0-770.9
y/y
y/y
11165.0
Data quality — review suggested

Revenue & EBITDA

RevenueEBITDA

Quarterly values ($ mln)

05001 0001 5002 0002 5002023 q42024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q1

Year-over-year change

-50%-25%0%25%50%2023 q42024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q1

Cash flow

Net debt / cash ($ mln)

05 00010 00015 0002023 q42024 q12024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q1

Key-commodity price — Northern bleached softwood kraft (pulp benchmark)

Current 1 190spot vs LTM +0%

Commodity-player potential

Target market cap from conservative EBITDA and the historical EV/EBITDA

Upside: +8.1%

Main driver: Northern bleached softwood kraft (pulp benchmark) +0% vs LTM; revenue ×1.00 vs costs ×1.04; EBITDA 4 099→5 043; at 4.9× EV/EBITDA → +8%.

Product prices — moves vs the LTM average

CommodityShareSpotLTM3-yrvs LTM, $3y vs LTM
Northern bleached softwood kraft (pulp benchmark) (rev)+85%1 189.761 188.531 362.06+0%+15%

How it is calculated — revenue → costs → EBITDA → target market cap

1 · Reported baseline (LTM)
LTM revenue9 282
LTM EBITDA4 099
LTM cash costs (revenue − EBITDA)5 183
2 · Revenue projection
Revenue multiplier — spot×1.001 (+0%)
= Spot revenue9 290
Revenue multiplier — 3y price×1.124 (+12%)
= 3-year-price revenue10 434
3 · Costs projection
Cost multiplier — spot×1.040 (+4%)
= Spot cash costs5 390
Cost multiplier — 3y price×1.040 (+4%)
= 3-year-price cash costs5 390
4 · EBITDA projection (revenue − costs)
= Spot EBITDA3 900
= 3-year-price EBITDA5 043
Conservative EBITDA = min(spot, avg)5 043
5 · Valuation → target market cap
Historical EV/projected-EBITDA (3-yr average)4.9x
Target EV = EV/EBITDA × conservative EBITDA24 523
Net debt13 630
Target market cap = EV − net debt10 893
Current market cap10 073

Upside = target market cap ÷ current − 1 = +8.1%

Spot model vs reported — what the spot model projected (trailing-LTM base brought to the period × the period's commodity-price move) against the actual report, per reported period (quarter, half-year or full year — per the filer's calendar); amounts in USD mln. green = reported above projection, pink = below.

PeriodAct. revModel revΔ revAct. EBITDAModel EBITDAΔ EBITDA
2023 Q21 9392 312-16.1%1 0441 306-20.1%
2023 Q31 7732 056-13.7%7211 070-32.6%
2023 Q42 2411 875+19.5%1 068878+21.7%
2024 Q11 8481 925-4.0%889858+3.7%
2024 Q22 0481 898+7.9%1 206853+41.4%
2024 Q32 1301 979+7.6%1 116947+17.8%

EV/EBITDA — LTM vs projected

Projected EV/EBITDA 5.0x · target 3-yr avg 5.3x · LTM avg 6.0x

EV/EBITDA (LTM)EV/EBITDA (projected)target avg (projected, 3y)

Dividends

Paid (completed)

DatePer shareDetailsStatusSource
2026-05-040.001 USDEx-dividend: 0.001 USD per sharePaidYahoo Finance (ex-div)
2024-12-180.33 USDEx-dividend: 0.33 USD per sharePaidYahoo Finance (ex-div)
2023-12-080.237 USDEx-dividend: 0.237 USD per sharePaidYahoo Finance (ex-div)
2022-12-190.34 USDEx-dividend: 0.34 USD per sharePaidYahoo Finance (ex-div)
2022-05-050.116 USDEx-dividend: 0.116 USD per sharePaidYahoo Finance (ex-div)
2022-01-190.137 USDEx-dividend: 0.137 USD per sharePaidYahoo Finance (ex-div)

KASE: status follows wording in the news headline (paid vs intends to pay). Yahoo: amounts are cash dividends per share on ex-dividend dates (UTC calendar date). stockscope.uz (UZ): amounts are per share in UZS by publication date (not necessarily ex-div).

Reporting forms detected in loaded periods: (Balance sheet / Profit or loss (P&L) / Cash flows)