Semapa – Sociedade de Investimento e Gestão, SGPS, S.A.

Portugal · PTSEM0AM0004 · reports in EUR · Europe

The answers

From the annual report for the year to Dec 31, 2025. Each line says what it is based on.

Is it growing?Fair
Revenue −1.6% in the year to Dec 31, 2025, on the year before.
Is it a good business?Fair
It earned 9.0% on its shareholders' equity in the year to Dec 31, 2025.
Is it safe?Fair
Equity is 40% of its assets, and operations brought in cash in the year.
Is the price fair?n/a
Not answered: no exchange publishes this company's price for free reuse, so there is no P/E here.

The year

Year to Dec 31, 2025, consolidated, in EUR.

€2.1B

revenue

6.5%

operating margin

€157M

net profit

Year by year

As filed; an earlier year can differ from its own report when the company restated it.

Dec 2022Dec 2023Dec 2024Dec 2025
Revenue€3.1B€2.7B€2.1B€2.1B
Operating profit€642M€440M€339M€137M
Net profit to shareholders€307M€245M€233M€157M
Earnings per share€3.85€3.06€2.91€1.96
Cash from operations€731M€540M€552M€538M
Capital spending€179M€263M€241M€256M
Cash€593M€281M€501M€157M
Total assets€4.6B€4.7B€5.3B€5.3B
Equity€1.6B€1.8B€2.0B€2.1B

What they do

In the company's own words, from the annual report.

A Semapa lidera um Grupo Empresarial com atividades em ramos de negócio distintos, nomeadamente: pasta e papel, cimentos e derivados e outros negócios desenvolvidos, respetivamente, sob a égide das subsidiárias The Navigator Company (“Navigator” ou “Grupo Navigator”) no caso da pasta e papel, da ETSA – Investimentos, SGPS, S.A. (“ETSA” ou “Grupo ETSA”), da Triangle’s Cycling Equipments, S.A. (Triangle’s) e Industrias Mecánicas de Extremadura, S.A. ("Imedexa"), no caso dos Outros negócios. A Semapa detém ainda uma unidade de negócio de capital de risco, atividade exercida pela sua participada Semapa Next, S.A., cujo objetivo é promover investimentos em startups e fundos de venture capital com elevado potencial de crescimento. A atividade de cimentos, atualmente exercida pela Secil – Companhia Geral de Cal e Cimento, S.A. (“Secil” ou “Grupo Secil”), encontra-se em processo de descontinuaçã

Source: the company’s annual financial report in ESEF, via filings.xbrl.org (XBRL International). Listed shares from ESMA’s FIRDS register; ESMA does not endorse this site. Ryufin computed the answers and ratios from the filed figures.