Patria Investments (PAX) Financials: Revenue & Earnings
PAX$9.29-0.24 -2.52%
$1.52B
Market Cap
21.68
P/E
6.93
Forward P/E
57
Score
Patria Investments (PAX) Financials: Revenue & Earnings
PAX price $9.29 -0.24 -2.52%
- Ticker
- PAX
- Price
- $9.29
- Change
- -0.24 -2.52%
- Market cap ?
- $1.52B
- P/E ?
- 21.68
- Forward P/E ?
- 6.93
- Dividend yield ?
- 6.40%
- Beta ?
- 0.78
- Sector
- Financial Services
- Industry
- Asset Management
- Stocklytics score
- 57
- Value
- 76
- Quality
- 51
- Growth
- 43
Stocklytics score rationale: value 76, quality 51, growth 43.
Financials
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| 105670000 | 123485000 | 115017000 | 235515000 | 258877000 | 327617000 | 374204000 | 383800000 |
Patria Investments Limited operates as a private market investment firm. It specializes in investments in private equity, secondary direct and indirect and venture capital with focus in middle market, buyout and growth capital investments. It seeks to be sector agnostic with focus on agribusiness, power & energy, healthcare, logistics & transportations, food & beverage, agricultural products, packaged foods and…
Fair value
PAX fair value $32.41. Price $9.29. Price is 71% below fair value.
Below fair value, around its usual discount.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 148.40M. Growth 3.55%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 8.70% (beta 0.8). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 163.95M. Net debt 145.08M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Model uncertainty high for this stock
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-03 | — | 0.28 | — | 101.71M |
| 2026-07-31 | 0.32 | 0.28 | 82.50M | 98.12M |
| 2026-05-07 | 0.27 | 0.28 | 97.10M | 92.57M |
| 2026-02-03 | 0.50 | 0.47 | 131.20M | 117.09M |
| 2025-11-04 | 0.30 | 0.26 | 86.50M | 117.32M |
| 2025-08-01 | 0.24 | 0.30 | 82.52M | 84.06M |
| 2025-05-02 | 0.23 | 0.25 | 79.70M | 98.81M |
| 2025-02-12 | 0.58 | 0.36 | 157.30M | 92.31M |
| 2024-11-05 | 0.23 | 0.24 | 78.00M | 95.71M |
| 2024-08-01 | 0.22 | 0.22 | 75.00M | 87.55M |
| 2024-05-02 | 0.21 | 0.34 | 63.68M | 68.46M |
| 2024-02-15 | 0.47 | 0.34 | 112.07M | 83.08M |
| 2023-11-07 | 0.23 | 0.35 | 63.54M | 72.85M |
| 2023-08-03 | 0.30 | 0.27 | 78.59M | 61.88M |
| 2023-05-04 | 0.27 | 0.19 | 73.75M | 58.50M |
| 2023-02-14 | 0.36 | 0.34 | 91.28M | 67.03M |
| 2022-11-03 | 0.20 | 0.17 | 56.99M | 56.63M |
| 2022-08-09 | 0.20 | 0.18 | 55.62M | 54.90M |
| 2022-05-10 | 0.24 | 0.15 | 54.99M | 54.60M |
| 2022-02-15 | 0.19 | 0.14 | 46.21M | 40.93M |
| 2021-11-18 | 0.17 | 0.15 | 39.70M | 36.24M |
| 2021-08-19 | 0.55 | 0.13 | 119.00M | 36.24M |
| 2021-05-20 | 0.13 | 0.13 | 30.61M | — |
| 2021-03-18 | 0.15 | 0.13 | 31.75M | — |
| 2021-01-25 | 0.18 | — | 33.14M | — |
| 2020-06-30 | 0.12 | — | 24.60M | — |
| 2020-03-31 | 0.10 | — | 25.52M | — |
| 2019-12-31 | 0.16 | — | 35.17M | — |
Dividends
Yield 6.73%. Payout ratio 140.69%. Frequency Quarterly.
Safety score 52/100 · Watch. Payout ratio is 141% of earnings, above what earnings cover. Dividends use a moderate share of free cash flow. Dividends were paid in 6 separate years. Yield is 6.7%, which is on the high side.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2026-08-10 | $0.16 | 2026-08-10 | 2026-09-14 | Quarterly |
| 2026-05-18 | $0.16 | 2026-05-18 | 2026-06-11 | Quarterly |
| 2026-02-20 | $0.15 | 2026-02-20 | 2026-03-12 | Quarterly |
| 2025-11-14 | $0.15 | 2025-11-14 | 2025-12-12 | Quarterly |
| 2025-08-15 | $0.15 | 2025-08-15 | 2025-09-15 | Quarterly |
| 2025-05-14 | $0.15 | 2025-05-14 | 2025-06-12 | Quarterly |
| 2025-02-25 | $0.15 | 2025-02-25 | 2025-03-17 | Quarterly |
| 2024-11-18 | $0.15 | 2024-11-18 | 2024-12-09 | Quarterly |
| 2024-08-19 | $0.15 | 2024-08-19 | 2024-09-09 | Quarterly |
| 2024-05-17 | $0.17 | 2024-05-20 | 2024-06-10 | Quarterly |
| 2024-02-21 | $0.40 | 2024-02-22 | 2024-03-08 | Quarterly |
| 2023-11-21 | $0.20 | 2023-11-22 | 2023-12-08 | Quarterly |
| 2023-08-15 | $0.25 | 2023-08-16 | 2023-09-08 | Quarterly |
| 2023-05-16 | $0.23 | 2023-05-17 | 2023-06-08 | Quarterly |
| 2023-02-28 | $0.31 | 2023-03-01 | 2023-03-22 | Quarterly |
| 2022-11-14 | $0.17 | 2022-11-15 | 2022-12-07 | Quarterly |
| 2022-09-01 | $0.17 | 2022-09-02 | 2022-09-16 | Quarterly |
| 2022-06-01 | $0.20 | 2022-06-02 | 2022-06-16 | Quarterly |
| 2022-03-01 | $0.16 | 2022-03-02 | 2022-03-16 | Quarterly |
| 2021-12-01 | $0.14 | 2021-12-02 | 2021-12-16 | Quarterly |
| 2021-09-01 | $0.46 | 2021-09-02 | 2021-09-16 | Quarterly |
| 2021-06-01 | $0.11 | 2021-06-02 | 2021-06-16 | Quarterly |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-08-17 | Teixeira Jose Augusto Goncalves de Araujo | Buy | 6.61K | — | — |
| 2026-08-17 | Teixeira Jose Augusto Goncalves de Araujo | Buy | 10.95K | — | — |
| 2026-08-17 | Teixeira Jose Augusto Goncalves de Araujo | Buy | 18.36K | — | — |
| 2026-08-17 | Teixeira Jose Augusto Goncalves de Araujo | Buy | 100.23K | — | — |
| 2026-08-06 | D'Ippolito Marco Nicola | Sell | 7.00K | $11.29 | 79.08K |
| 2026-08-03 | Teixeira Jose Augusto Goncalves de Araujo | Buy | 113 | — | — |
| 2026-08-03 | D'Ippolito Marco Nicola | Buy | 7.00K | $11.29 | 79.08K |
| 2026-06-05 | Neto Olimpio Matarazzo | Buy | 50.00K | $11.46 | 573.00K |
| 2026-06-03 | Neto Olimpio Matarazzo | Buy | 35.00K | $11.14 | 389.90K |
| 2026-06-03 | Neto Olimpio Matarazzo | Buy | 15.00K | $11.09 | 166.35K |
| 2026-05-29 | Neto Olimpio Matarazzo | Buy | 15.00K | $11.46 | 171.90K |
| 2026-05-28 | Neto Olimpio Matarazzo | Buy | 15.00K | $11.50 | 172.50K |
| 2026-05-27 | Neto Olimpio Matarazzo | Buy | 15.00K | $11.48 | 172.20K |
| 2026-05-26 | Neto Olimpio Matarazzo | Buy | 15.00K | $11.31 | 169.65K |
| 2026-05-21 | Neto Olimpio Matarazzo | Buy | 15.00K | $11.14 | 167.10K |
| 2026-05-20 | Neto Olimpio Matarazzo | Buy | 15.00K | $10.99 | 164.85K |
| 2026-05-15 | Neto Olimpio Matarazzo | Buy | 15.00K | $11.40 | 171.00K |
| 2026-04-14 | D'Ippolito Marco Nicola | Sell | 7.50K | $11.56 | 86.70K |
| 2026-03-18 | Wigney Glen George | Other | 0 | — | — |
| 2026-03-18 | Collins Jennifer Anne | Other | 0 | — | — |
| 2026-03-18 | Sales Andre Franco | Other | 0 | — | — |
| 2026-03-18 | Sales Andre Franco | Other | 276.62K | — | — |
| 2026-03-18 | Santos Ana Paula Alves | Other | 0 | — | — |
| 2026-03-18 | Santos Ana Paula Alves | Other | 139.35K | — | — |
| 2026-03-18 | Scavazza Ricardo Leonel | Other | 0 | — | — |
| 2026-03-18 | Scavazza Ricardo Leonel | Other | 436.99K | — | — |
| 2026-03-18 | Sorrentino Daniel Rizardi | Other | 0 | — | — |
| 2026-03-18 | Sorrentino Daniel Rizardi | Other | 222.52K | — | — |
| 2026-03-18 | Sorrentino Daniel Rizardi | Other | 159.26K | — | — |
| 2026-03-18 | D'Ippolito Marco Nicola | Other | 0 | — | — |
| 2026-03-18 | D'Ippolito Marco Nicola | Other | 158.91K | — | — |
| 2026-03-18 | D'Ippolito Marco Nicola | Other | 123.53K | — | — |
| 2026-03-18 | Teixeira Jose Augusto Goncalves de Araujo | Other | 0 | — | — |
| 2026-03-18 | Teixeira Jose Augusto Goncalves de Araujo | Other | 0 | — | — |
| 2026-03-18 | Teixeira Jose Augusto Goncalves de Araujo | Other | 79.63K | — | — |
| 2026-03-18 | Whitfield Nick | Other | 0 | — | — |
| 2026-03-18 | Psyllakis Nikitas | Other | 0 | — | — |
| 2026-03-18 | Saigh Alexandre Teixeira de Assumpcao | Other | 0 | — | — |
| 2026-03-18 | Saigh Alexandre Teixeira de Assumpcao | Other | 464.50K | — | — |
| 2026-03-18 | Saigh Alexandre Teixeira de Assumpcao | Other | 1.59M | — | — |
| 2026-03-18 | Russo Ana Cristina | Other | 0 | — | — |
| 2026-03-18 | Russo Ana Cristina | Other | 42.16K | — | — |
| 2026-03-18 | Benitez Pablo Echeverria | Other | 0 | — | — |
| 2026-03-18 | Pocas Guilherme Ferrante | Other | 0 | — | — |
| 2026-03-18 | Pocas Guilherme Ferrante | Other | 7.96K | — | — |
| 2026-03-18 | Foster Sabrina Bridgett | Other | 0 | — | — |
| 2026-03-18 | Neto Olimpio Matarazzo | Other | 0 | — | — |
| 2026-03-18 | Neto Olimpio Matarazzo | Other | 325.15K | — | — |
| 2026-03-18 | Neto Olimpio Matarazzo | Other | 1.59M | — | — |
| 2009-11-16 | LANDMAN WILLIAM | Sell | 18.57K | $12.50 | 232.10K |
| 2009-11-16 | LANDMAN WILLIAM | Buy | 9.26K | $9.92 | 91.84K |
| 2009-11-16 | LANDMAN WILLIAM | Buy | 23.99K | $9.95 | 238.71K |
| 2009-11-13 | Castine Michael P | Sell | 104.90K | — | — |
| 2009-11-13 | Castine Michael P | Sell | 17.98K | — | — |
| 2009-11-13 | Merchant John E | Sell | 17.98K | — | — |
| 2009-11-13 | Merchant John E | Sell | 104.90K | — | — |
| 2009-11-13 | LANDMAN WILLIAM | Sell | 22.04K | — | — |
| 2009-11-13 | LANDMAN WILLIAM | Sell | 286.05K | — | — |
| 2009-11-13 | Gressel Daniel L | Sell | 17.98K | — | — |
| 2009-11-13 | Gressel Daniel L | Sell | 104.90K | — | — |
| 2009-11-13 | Downey Michael | Sell | 17.98K | — | — |
| 2009-11-13 | Downey Michael | Sell | 104.90K | — | — |
| 2009-11-13 | Cvengros William D | Sell | 17.98K | — | — |
| 2009-11-13 | Cvengros William D | Sell | 104.90K | — | — |
| 2009-11-13 | Del Mar Asset Management, LP | Other | 458.00K | $7.50 | 3.44M |
| 2009-11-12 | LANDMAN WILLIAM | Sell | 40.00K | $12.50 | 500.00K |
| 2009-11-06 | Del Mar Asset Management, LP | Other | 0 | — | — |
| 2009-11-06 | Malibu Partner LLC | Sell | 1.37M | — | — |
| 2009-11-06 | Malibu Partner LLC | Buy | 1.37M | — | — |
| 2009-10-30 | Malibu Partner LLC | Sell | 1.39M | — | — |
| 2009-10-30 | Malibu Partner LLC | Buy | 1.39M | — | — |
| 2009-10-21 | Malibu Partner LLC | Sell | 200.00K | — | — |
| 2009-10-16 | Malibu Partner LLC | Sell | 1.00M | — | — |
| 2009-10-16 | Malibu Partner LLC | Other | 0 | — | — |
| 2009-10-16 | Malibu Partner LLC | Other | 0 | — | — |
| 2009-10-16 | Malibu Partner LLC | Sell | 0 | — | — |
| 2009-10-14 | Malibu Partner LLC | Sell | 1.05M | — | — |
| 2007-12-31 | Merchant John E | Other | 0 | — | — |
| 2007-12-31 | Downey Michael | Other | 0 | — | — |
| 2007-12-31 | Cvengros William D | Other | 0 | — | — |
| 2007-12-31 | Castine Michael P | Other | 0 | — | — |
| 2007-12-19 | LANDMAN WILLIAM | Sell | 56.46K | $0.00 | 6 |
| 2007-12-19 | Merchant John E | Sell | 20.70K | $0.00 | 2 |
| 2007-12-19 | Downey Michael | Sell | 20.70K | $0.00 | 2 |
| 2007-12-19 | Cvengros William D | Sell | 20.70K | $0.00 | 2 |
| 2007-12-19 | Castine Michael P | Sell | 20.70K | $0.00 | 2 |
| 2007-12-03 | Gressel Daniel L | Buy | 200.00K | $7.50 | 1.50M |
| 2007-11-20 | LANDMAN WILLIAM | Buy | 420.00K | $7.50 | 3.15M |
| 2007-11-14 | LANDMAN WILLIAM | Other | 0 | — | — |
| 2007-11-14 | LANDMAN WILLIAM | Other | 0 | — | — |
| 2007-11-14 | Castine Michael P | Sell | 0 | — | — |
| 2007-11-14 | Gressel Daniel L | Sell | 0 | — | — |
| 2007-11-14 | Cvengros William D | Other | 0 | — | — |
| 2007-11-14 | Merchant John E | Sell | 0 | — | — |
| 2007-11-14 | Downey Michael | Sell | 0 | — | — |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 156, holders -9 vs prior quarter. Ownership 32.35%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| CAPITAL RESEARCH GLOBAL INVESTORS | 7.79M | -731.25K | -8.58% | 85.55M |
| FMR LLC | 6.83M | 180.89K | +2.72% | 75.02M |
| ENDURE CAPITAL MANAGEMENT, LLC | 6.37M | 6.35M | +30990.96% | 69.98M |
| BLACKROCK, INC. | 5.85M | -4.29K | -0.07% | 64.28M |
| PERTENTO PARTNERS LLP | 5.34M | 137.93K | +2.65% | 58.68M |
| INHERENT MANAGEMENT CORP. | 290.83K | 290.83K | New | 53.01M |
| ZENO EQUITY PARTNERS LLP | 1.70M | 351.76K | +26.06% | 18.68M |
| MIZUHO MARKETS AMERICAS LLC | 1.50M | 0 | 0.00% | 16.47M |
| STATE STREET CORP | 1.39M | 78.12K | +5.94% | 15.29M |
| FOURTH SAIL CAPITAL LP | 1.37M | 1.37M | New | 15.09M |
| UBS GROUP AG | 1.21M | 293.61K | +32.00% | 13.30M |
| MHR FUND MANAGEMENT LLC | 1.00M | 100.00K | +11.11% | 10.98M |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | 967.40K | -32.60K | -3.26% | 10.62M |
| GEODE CAPITAL MANAGEMENT, LLC | 961.76K | 86.82K | +9.92% | 10.56M |
| GOLDMAN SACHS GROUP INC | 688.18K | 185.39K | +36.87% | 7.56M |
| NORTHERN TRUST CORP | 522.91K | -18.85K | -3.48% | 5.74M |
| BANK OF AMERICA CORP /DE/ | 518.37K | 271.81K | +110.25% | 5.69M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 451.45K | 59.73K | +15.25% | 4.96M |
| MORGAN STANLEY | 433.02K | 106.75K | +32.72% | 4.75M |
| SEB ASSET MANAGEMENT AB | 404.63K | -29.12K | -6.71% | 4.44M |
| AQR CAPITAL MANAGEMENT LLC | 334.59K | 173.62K | +107.85% | 3.67M |
| ALLIANZ ASSET MANAGEMENT GMBH | 290.00K | 0 | 0.00% | 3.65M |
| JPMORGAN CHASE & CO | 253.98K | 374 | +0.15% | 2.73M |
| HRT FINANCIAL LP | 247.79K | -115.34K | -31.76% | 2.72M |
| INVESCO LTD. | 240.22K | 33.79K | +16.37% | 2.64M |
Earnings and financials
Patria Investments Ltd (PAX) trades at $9.29, with a market cap of $1.52B and a trailing P/E of 21.68. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
Financials
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| 105670000 | 123485000 | 115017000 | 235515000 | 258877000 | 327617000 | 374204000 | 383800000 |
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