Suzano S.A. (SUZB3.SA) stock analysis

In our weekly check, Suzano S.A. is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 14 pass, warnings: 7, red flags: 4.

About Suzano S.A.

Suzano S.A. is a Basic Materials company (Paper, Lumber & Forest Products) based in Brazil, listed on SAO as SUZB3.SA.

What our checks show for SUZB3.SA

Red flags

• Operating profit covers interest only 1.3 times: a weak year could make the payments hard.
• The gross margin fell by 22 points, to 27.6%: costs are rising faster than prices.
• Analysts expect the net margin to shrink by 7.5 points from today's 17.1%.
• Revenue fell 1.4% a year over the last 3 years.

Warning signs

• Net debt is 2.9x a year of EBITDA (debt/equity 1.95). That limits room in a downturn and raises refinancing risk.
• The net margin fell by 4 points over 5 years, to 17.1%: the company keeps less of each sale as profit.
• Analysts expect earnings per share to shrink about 11.8% a year.
• Earnings per share fell 27.8% a year over the last 3 years.
• Net profit fell 29.6% a year over the last 3 years.
• The stock has fallen as much as 55% from a peak. Would you have held through that?
• Return on capital (ROCE) is only 5.6%.

Strengths

• Operating cash flow is 2.04x net profit: the profit arrives as real cash.
• Free cash flow is 10.5% of revenue: cash for dividends, buybacks or growth.
• The dividend takes 17% of profit: there is a cushion.
• A large company: market value $10.61 billion.
• Beta 0.02: the stock usually moves less than the market.
• Actively traded: about 6.9 million shares a day.

Next earnings report: 2026-11-05

Similar companies

SCA-B.ST · IP · UPM.HE

Questions

What grade does Suzano S.A. (SUZB3.SA) have?

In our weekly check, Suzano S.A. is graded C (A to F). Of 25 checks on debt, profit, cash flow and trend: 14 pass, warnings: 7, red flags: 4. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of SUZB3.SA stock?

This week's biggest flags for Suzano S.A.: Weak interest cover, Gross margin falling, Margins expected to shrink. In total 11 of 25 checks show a warning or a red flag.

What does Suzano S.A. do?

Suzano S.A. is a Basic Materials company (Paper, Lumber & Forest Products) based in Brazil, listed on SAO as SUZB3.SA.

When does Suzano S.A. report earnings next?

The next earnings report is expected on 2026-11-05. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-24

Open the full analysis