Simpar settles swaps. Simpar stock is valued at BRL 8.5 billion

Published on 10/16/2026 at 02:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Simpar lifted its Automob stake to 71.75 percent on October 2, 2026. Simpar stock was valued at BRL 8.5 billion on October 15, 2026.

Ownership and leverage update

Simpar raised its direct Automob stake to 71.75 percent on October 2, 2026.
Net leverage fell to 2.80 times EBITDA in the second quarter of 2026 from 3.60 times a year earlier.
Simpar had a BRL 8.5 billion market capitalization as of October 15, 2026.

Simpar, BRSIMHACNOR0, Illustration mit AI erstellt.

Simpar (BRSIMHACNOR0) raised its direct stake in Automob to 71.75 percent on October 2, 2026, after settling swap contracts and buying shares on the spot market. Valor Economico reported that the transaction preserved Simpar's economic exposure and control structure while resetting derivatives agreed in December 2023.

Three ownership milestones

The chronology shows a holding company working to strengthen control across its portfolio. On September 1, 2026, Moody's Local Brasil affirmed Simpar's AA+.br rating with a stable outlook, according to OBM. On September 30, 2026, BB Investimentos' analysis put net leverage at 2.80 times EBITDA, down from 3.60 times a year earlier, as reported by EuQueroInvestir. On October 2, 2026, the swap settlement lifted the direct Automob position to 71.75 percent.

What does 2.80 times leverage mean?

The improvement in leverage came alongside operating growth, but financing costs remained central to the investment case. For the second quarter of 2026, consolidated revenue reached BRL 11.2 billion, up 8.8 percent from the prior year, while adjusted EBITDA rose 15.7 percent to BRL 3.4 billion and the adjusted EBITDA margin reached 30.1 percent, according to EuQueroInvestir.

The reported result was weaker than the operating figures. Simpar posted a BRL 151.1 million loss in the second quarter of 2026, while financial expenses rose 18.0 percent to BRL 2.3 billion. The comparison shows why debt reduction matters even as services expand.

Control grows while debt remains relevant

Simpar's direct ownership also reached 58.80 percent at Movida, 55.90 percent at Vamos and 67.20 percent at JSL after the related swap settlements on October 2, 2026. The structure gives the holding company broad control across mobility, logistics and vehicle businesses, while the 2.80-times leverage figure provides a measurable counterweight to the portfolio expansion.

Simpar had a market capitalization of BRL 8.5 billion as of October 15, 2026. The company is listed on B3 under ticker SIMH3, and its latest reported quarter ended June 30, 2026.