SYNE3SYN PROP & TECH S.A.Company Data · 2T26updated 2026-08-24
1 Overview 4T10 — 2T26 · 63 quarters
SYN PROP & TECH S.A.
SYNE3Emp. Adm. Part. - Const. Civil, Mat. Const. e Decoração

Syn Prop & Tech S.A. is one of the leading companies in the leasing, acquisition, sale, development, and operation of commercial real estate in Brazil. It focuses on the high-end corporate building and shopping center segments, with investments in the states of São Paulo and Rio de Janeiro. Currently, it has 192,017 square meters of leasable area in operation. With over 18 years of experience in the sector, the Company is the result of the 2007 spin-off of Cyrela Brazil Realty's commercial real estate activities and consistently delivers solid results in both growth and profitability. Its experience ensures a low vacant rate and high profitability. It is listed in the New Market segment of B3 (Brazil, Stock Exchange, Over the Counter), where its shares are traded under the symbol SYNE3, and is committed to its stakeholders by following best Corporate Governance practices. ASYN is committed to the best sustainability practices. Since 2007, it has become a founding member of the Green Building Council Brazil (GBCBrasil), an institution that promotes sustainable construction in the country and supports the transformation of the entire production chain in the sector. All projects managed by SYN meet strict social responsibility criteria, environmental, with several of these projects committed to obtaining and maintaining FEED (Leadership in Energy and Environmental Design) certification, awarded by the U.S. Green Building Council (USGBC) and recognized worldwide as a benchmark for measuring low environmental impact buildings that ensure healthy occupancy conditions. Syn Prop & Tech S.A. was incorporated in 1962 in Brazil.

SectorEmp. Adm. Part. - Const. Civil, Mat. Const. e Decoração
Company HeadquartersSão Paulo, SP
Full Time Employees
CEOMr. Thiago Kiyoshi Vieira Muramatsu
Listing SegmentNovo Mercado
Foundation2007
Customer Rating
Employee Rating
Estrutura Acionária
39%Free Float
Elie Horn24%
Leo Krakowiak22%
Danubio do Brasil ADM e Participacoes LT9%
Eirenor S.A3%
EH Capital Management3%
Free Float39%
Valuation
PriceR$ 3,62
Shares Outstanding152.644
Market Capitalization553
( - ) Cash & Equivalents240
( + ) Total Debt473
( = ) Enterprise Value785
P/E7,7x
EV / EBITDA5,3x
R$ 3,62
Adj close · daily
▲ +3,1%
Income Statement
Revenue334
EBITDA149
EBIT148
Net Income72
SG&A %(16,2%)
Balance Sheet
Assets2.264
Cash240
Total Debt473
Net Debt233
Fixed Assets2
Working Capital(135)
Equity1.471
Invested Capital & Reinvestment
Invested Capital Turnover0,21x
Marginal IC Turnover0,21x
Reinvestment % NOPAT6,0%
Working Capital Turnover(2,23x)
Cash Conv. Cycle3,5
Fixed Assets Turnover46,50x
D&A % Fixed Assets14,8%
Capex % Revenue0,0%
6,8 %
RoIC · LTM
RoIC (LTM)
Margins & Returns
Revenue Growth3,6%
Gross Margin55,2%
EBITDA Margin44,7%
Net Income Margin21,5%
Effective Tax Rate25,2%
Operating Leverage(2,75x)
RoIC6,8%
RoE5,1%
Capital Structure
Current Ratio1,45x
Financial Leverage1,54x
Asset Turnover0,15x
Net Debt / EBITDA1,56x
Net Debt & Lease / EBITDA1,57x
Cash Flow
CFO Conversion104,5%
FCFF Yield18,7%
FCFE Yield13,3%
Payout Ratio89,3%
Dividend Yield10,7%
Interest % FCFF53,7%