Even Construtora e Incorporadora S.A. — Cyborg Score 5/10
Mixed
Residential Construction
Strategic Profile
Nova Milano Investimentos elevated its shareholding to 50.06% in May 2026, consolidating its position as controlling shareholder and reinforcing its influence over the company's strategic direction. The company operates in residential real estate incorporation with focus on middle and upper-standard developments, pursuing greater operational efficiency, financial discipline, and margin strengthening amid sector challenges.
Cyborg Score Rationale
Even3 accumulated a decline in 2026 year-to-date performance as of June. The company trades at a low trailing P/E of 4.29 and shows a price-to-book of 0.63, suggesting undervaluation, though debt-to-equity stands at 67.93%. The company executed a conservative strategy in Q1 2026, achieving net sales growth without new launches, indicating inventory optimization amid higher interest rates.
Top Insights
Nova Milano Investimentos became controlling shareholder with 50.06% stake in May 2026, refocusing strategic direction.
The company offers attractive dividend yield of 15.88% on trailing twelve months basis, with recent dividend of BRL 0.15 per share in June 2026.
Q1 2026 net sales reached BRL 252 million with no new launches, reflecting conservative portfolio optimization amid challenging macro conditions.
The company operates a vertically integrated model controlling all construction stages from land sourcing to commercialization, with two brokerage subsidiaries (Even Vendas and Even More).
Named Competitors
Cyrela — Residential and commercial real estate developer in Brazil
EZTEC — Real estate development company focused on residential projects
MRV — Residential and commercial property developer
Tenda — Mid-range residential real estate developer
Recent Developments
(May 2026) Nova Milano Investimentos elevated stake to 50.06% controlling position, repositioning strategic influence
(April 2026) Q1 2026 net sales reached BRL 252 million with no new launches; distratos declined substantially
(June 2026) Dividend of BRL 0.15 per share paid; stock traded around BRL 5.77 amid price pressure year-to-date
Open the full interactive Even Construtora e Incorporadora S.A. report
Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.