Sao Martinho (BSP:SMTO3) EV-to-EBITDA: 4.46 (As of Jul. 24, 2026) — 31% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:SMTO3 Sao Martinho SA BSP:SMTO3
78 GF Score
Price R$15.71
GF Value R$25.49
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Sao Martinho EV-to-EBITDA?

Sao Martinho BSP:SMTO3 -2.12% 78 EV-to-EBITDA is 4.46 as of Jul. 24, 2026, which is 31% below its 10-year median of 6.43. GuruFocus rates BSP:SMTO3 with a GF Score™ of 78/100 and a GF Value™ of R$25.49 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,318 Chemicals companies, Sao Martinho ranks better than 88.32% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Sao Martinho's enterprise value is R$10,812 Mil. Sao Martinho's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was R$2,424 Mil. Therefore, Sao Martinho's EV-to-EBITDA for today is 4.46.

The historical rank and industry rank for Sao Martinho's EV-to-EBITDA or its related term are showing as below:

BSP:SMTO3' s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.34   Med: 6.43   Max: 13.11
Current: 4.46

During the past 13 years, the highest EV-to-EBITDA of Sao Martinho was 13.11. The lowest was 3.34. And the median was 6.43.

BSP:SMTO3's EV-to-EBITDA is ranked better than
88.32% of 1318 companies
in the Chemicals industry
Industry Median: 13.295 vs BSP:SMTO3: 4.46

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-24), Sao Martinho's stock price is R$15.71. Sao Martinho's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was R$3.048. Therefore, Sao Martinho's PE Ratio (TTM) for today is 5.15.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Sao Martinho  (BSP:SMTO3) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Sao Martinho's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=15.71/3.048
=5.15

Sao Martinho's share price for today is R$15.71.
Sao Martinho's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$3.048.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Sao Martinho EV-to-EBITDA Related Terms


Sao Martinho EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Sao Martinho's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sao Martinho EV-to-EBITDA Chart

Sao Martinho Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.23 4.56 3.69 5.14 5.21

Sao Martinho Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.14 4.49 4.81 4.87 5.21

BSP:SMTO3 vs LIN, SHW, ECL: EV-to-EBITDA Comparison

For the Specialty Chemicals subindustry, Sao Martinho's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sao Martinho EV-to-EBITDA vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sao Martinho's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Sao Martinho's EV-to-EBITDA falls into.


BSP:SMTO3
78GF Score
Sao Martinho SA BSP:SMTO3
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sao Martinho EV-to-EBITDA Calculation

Sao Martinho's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=10812.468/2423.682
=4.46

Sao Martinho's current Enterprise Value is R$10,812 Mil.
Sao Martinho's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$2,424 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 4.46 mean?
Sao Martinho (BSP:SMTO3) has a EV-to-EBITDA of 4.46 as of Jul. 24, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Sao Martinho. This is 31% below median its historical median of 6.43. Over the past decade, Sao Martinho's EV-to-EBITDA has ranged from 3.34 to 13.11. According to the industry distribution chart, Sao Martinho ranks #154 out of 1318 companies in the Chemicals industry, placing it in the top 11.7%.
Is Sao Martinho's EV-to-EBITDA too high?
Sao Martinho's current EV-to-EBITDA of 4.46 is 31% below median its 10-year median of 6.43. Over the past 10 years, this metric has ranged from a low of 3.34 to a high of 13.11. The Chemicals industry median EV-to-EBITDA is 13.30. Sao Martinho's value of 4.46 is 66.5% below this industry median. Based on the distribution chart, Sao Martinho ranks #154 out of 1318 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Sao Martinho has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sao Martinho's EV-to-EBITDA compare to LIN and SHW?
According to the Chemicals industry distribution chart, Sao Martinho ranks #154 out of 1318 companies for EV-to-EBITDA. This places Sao Martinho in the top 12% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 13.30. Sao Martinho's value of 4.46 is 66.5% below this benchmark. Historically, Sao Martinho's own EV-to-EBITDA has ranged from 3.34 to 13.11 over the past decade. While the company's 10-year median is 6.43 vs. the industry median of 13.30, Sao Martinho has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Chemicals company?
The median EV-to-EBITDA among Chemicals companies is 13.30, based on 1,318 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Sao Martinho's current EV-to-EBITDA of 4.46 is 66.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Sao Martinho. For the Chemicals industry, the median EV-to-EBITDA is 13.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sao Martinho's current EV-to-EBITDA is 4.46, which is 31% below median its own 10-year median of 6.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sao Martinho stock overvalued right now?
Based on GuruFocus' analysis, Sao Martinho (BSP:SMTO3) is currently considered Possible Value Trap. The stock's GF Value™ is R$25.49, compared to a current price of R$15.71 — trading 38.4% below its estimated fair value. The current EV-to-EBITDA is 4.46, which is 31% below median its 10-year median of 6.43 and 66.5% below the Chemicals industry median of 13.30. Sao Martinho's overall GF Score™ is 78/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Sao Martinho (BSP:SMTO3), the current EV-to-EBITDA is 4.46 as of Jul. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sao Martinho (BSP:SMTO3) Overvalued in 2026?

Based on GuruFocus' analysis, Sao Martinho stock appears to be undervalued. The current stock price of R$15.71 is trading 38.4% below its estimated GF Value™ of R$25.49. GuruFocus considers Sao Martinho to be Possible Value Trap.

Key valuation signals for BSP:SMTO3:

  • EV-to-EBITDA: 4.46 (31% below median its 10-year median of 6.43)
  • GF Value™: R$25.49 vs. price of R$15.71 (38.4% below fair value)
  • GF Score™: 78/100 with 8 warning signs
  • Industry Position: 66.5% below the Chemicals median (#154 of 1318)

No single metric tells the full story. See the BSP:SMTO3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sao Martinho Business Description

Address Fazenda Sao Martinho, Pradopolis, SP, BRA, CEP 14850-000
Sao Martinho SA operates the following segments: sugar, ethanol, electricity, real estate ventures, Yeast, and other products. Sales of sugar and ethanol, both of which the company produces with sugar cane, comprise the vast majority of the company's revenue. Sao Martinho produces sugar and ethanol in its four Brazilian mills. The company derives its sugar cane mostly from its own plantations, agricultural partnerships, shareholders, and related companies. Sao Martinho exports most of its sugar, and it sells most of its ethanol domestically.
78GF Score

Get the complete analysis for BSP:SMTO3

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$15.71
Price
R$25.49
GF Value