AZZA3AZZAS 2154 S.A.Company Data · 2T26updated 2026-08-24
1 Overview 4T10 — 2T26 · 63 quarters
AZZAS 2154 S.A.
AZZA3Têxtil e Vestuário

Azzas 2154 S.A. engages in the development and marketing of women's, men's and children's footwear, handbags, accessories, and clothing in Brazil and internationally. It offers its products through franchise stores, company-operated store, and web commerce channel under the Arezzo, Schutz, Anacapri, Alexandre Birman, Alme, Vans, Reserva, Reserva Mini, Reserva INK, Reserva Go, Oficina Reserva, Brizza, Troc, Baw, Carol Bassi, ZZMALL, Reversa, Simples Reserva, Paris Texas, Vicenza, Animale, Farm, Farm Global, Fabula, Foxton, Cris Barros, Off Premium, Maria Filo, NV, Hering and Dzarm brands. The company was formerly known as Arezzo Indústria e Comércio S.A. and changed its name to Azzas 2154 S.A. in July 2024. Azzas 2154 S.A. was founded in 1972 and is headquartered in Belo Horizonte, Brazil.

SectorTêxtil e Vestuário
Company HeadquartersBelo Horizonte, MG
Full Time Employees
CEOMr. Alexandre Cafe Birman
Listing SegmentNovo Mercado
Foundation1972
Customer Rating
Employee Rating
Estrutura Acionária
65%Free Float
Alexandre Café Birman10%
Westwood Investments, Llc10%
BlackRock, Inc.6%
Fidelity Management & Research (Fmr)5%
Roberto Luiz Jatahy Gonçalves4%
Free Float65%
Valuation
PriceR$ 15,14
Shares Outstanding202.176
Market Capitalization3.061
( - ) Cash & Equivalents1.136
( + ) Total Debt3.268
( = ) Enterprise Value5.193
P/E9,4x
EV / EBITDA3,6x
R$ 15,14
Adj close · daily
▲ +0,9%
Income Statement
Revenue11.365
EBITDA1.459
EBIT760
Net Income324
SG&A %(48,1%)
Balance Sheet
Assets15.053
Cash1.136
Total Debt3.268
Net Debt2.132
Fixed Assets5.434
Working Capital3.273
Equity8.040
Invested Capital & Reinvestment
Invested Capital Turnover1,02x
Marginal IC Turnover1,98x
Reinvestment % NOPAT11,4%
Working Capital Turnover3,32x
Cash Conv. Cycle127,7
Fixed Assets Turnover2,05x
D&A % Fixed Assets12,4%
Capex % Revenue3,0%
-64,1 %
RoIC · LTM
RoIC (LTM)
Margins & Returns
Revenue Growth(1,6%)
Gross Margin54,6%
EBITDA Margin12,8%
Net Income Margin2,9%
Effective Tax Rate1031,0%
Operating Leverage1,72x
RoIC(64,1%)
RoE4,0%
Capital Structure
Current Ratio2,26x
Financial Leverage1,87x
Asset Turnover0,74x
Net Debt / EBITDA1,46x
Net Debt & Lease / EBITDA1,94x
Cash Flow
CFO Conversion120,8%
FCFF Yield22,1%
FCFE Yield126,6%
Payout Ratio154,2%
Dividend Yield11,6%
Interest % FCFF28,4%
Latest CVM filings
  • 2026-08-12reported 2T26
  • 2026-05-07reported 1T26
  • 2026-03-11reported 4T25
  • 2025-11-10reported 3T25
  • 2025-08-07reported 2T25
  • 2025-05-07reported 1T25