Simpar leverage falls to 2.80 times as Simpar stock sits below its high

Published on 10/14/2026 at 02:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted EBITDA rose 15.70 percent to BRL 3.4 billion in Q2 2026. Simpar stock last traded at BRL 15.82 on October 13, 8.40 percent below its high.

Leverage and valuation signals

Simpar's net debt ratio fell to 2.80 times in the second quarter of 2026.
Adjusted EBITDA rose 15.70 percent to BRL 3.4 billion in that quarter.
Simpar stock was last at BRL 15.82 on October 13, 2026, 8.40 percent below its yearly high.
The market capitalization stood at BRL 6.8 billion on October 13, 2026.

Simpar, BRSIMHACNOR0, Illustration mit AI erstellt.

Simpar's net debt to EBITDA ratio fell to 2.80 times in the second quarter of 2026, while Simpar stock was 8.40 percent below its BRL 17.27 52-week high on October 13, 2026. According to EuQueroInvestir on September 30, 2026, BB Investimentos linked the lower leverage to asset sales, stronger services and additional capital.

Three dated signals for Simpar

On August 12, 2026, the latest quarterly release covered the second quarter of 2026. Investing.com reported revenue of BRL 11.25 billion and net income of minus BRL 189.47 million for that period.

On September 30, 2026, the debt review showed consolidated gross debt of BRL 55.3 billion and net debt of BRL 41.3 billion at the end of June. The same review said adjusted EBITDA increased 15.70 percent year over year to BRL 3.4 billion, while the adjusted margin reached 30.10 percent.

On October 13, 2026, Simpar's B3 quote stood at BRL 15.82. The price was 8.40 percent below the BRL 17.27 52-week high and 183.18 percent above the BRL 5.59 52-week low, keeping leverage and refinancing capacity central to the stock's valuation.

What does leverage mean for debt?

The second-quarter ratio of 2.80 times compares with 3.60 times one year earlier, a reduction of 0.80 times. The improvement came alongside BRL 6.9 billion of capital raised over the previous 12 months through private capital increases and sales of interests in unlisted businesses, according to EuQueroInvestir on September 30, 2026.

The balance sheet still carries a material financing burden. Interest expense reached BRL 2.3 billion in the second quarter, while the average debt cost was 16.40 percent annually and the average maturity was 3.30 years.

For investors, the key trade-off is visible in the operating figures. Services revenue grew 14.40 percent to BRL 9.5 billion, but asset-sale revenue declined 17.60 percent, leaving the company dependent on recurring operations and continued debt reduction.

Stock stays below its yearly high

The last available B3 price was BRL 15.82 on October 13, 2026 at 5:04 p.m. BRT. It stood 8.40 percent below the 52-week high of BRL 17.27 and 183.18 percent above the low of BRL 5.59.

Simpar is listed on B3 under ticker SIMH3, and its market capitalization was BRL 6.8 billion on October 13, 2026. The company operates across vehicle rental, fleet management, logistics and infrastructure services in Brazil.

Market context: Market report Bovespa.