Markets · Stocks & ETFs · ADR
SYN prop e tech (OTC: SYYNY)
Brazilian ADR trading on the OTC, priced in US dollars.
- Market Cap
- $107.46M
- P/E (TTM)
- 12.3x
- P/B
- 0.9x
- EPS (TTM)
- $0.27
- Dividend Yield
- 18.92%
- 52-Week Range
- $2.67 – $5.94
- Volume
- 100
- Previous Close
- $3.32
TTM = trailing twelve months — the most recent 12 months (a rolling window), used for P/E, EPS and dividends. On the tables and charts below, the in-progress current year appears as a “Last 12M” column labelled with the quarter range it covers.
Performance
About SYN prop e tech
- US Ticker
- SYYNY
- B3 Ticker
- SYNE3
- Exchange
- OTC
- Currency
- USD
- Sector
- Real Estate
- Industry
- Real Estate Services
- Headquarters
- São Paulo, SP, Brazil
- Employees
- —
- CEO
- Mr. Thiago Kiyoshi Vieira Muramatsu
- Founded
- 1962
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.
Financial Results
Revenue, EBITDA and net profit (in USD) with net margin (net profit ÷ revenue).
Financial Health
Margins, leverage and cash-flow quality derived from SYN prop e tech's income statement, balance sheet and cash flow (absolute figures in USD).
Overall: Financially Strong
- Net Margin
- 20.1%
- ROE
- 9.5%
- Rev Growth (YoY)
- -0.44%
- Net Debt / EBITDA
- 1.28×
- Current Ratio
- 1.27×
- Interest Coverage
- 1.98×
- Free Cash Flow
- 64.9M
- Payout Ratio
- —
Income — Margins & Efficiency
| Metric | Last 12MQ2'25 – Q1'26 | Δ | 2025 | Δ | 2024 | Δ | 2023 | Δ | 2022 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $62,824,873 | +5.0% | $59,834,739 | -72.8% | $219,774,195 | +151.0% | $87,565,049 | -2.5% | $89,789,010 |
| Gross profit | $34,005,739 | +7.0% | $31,771,301 | -65.8% | $92,793,830 | +91.7% | $48,403,365 | +23.9% | $39,076,184 |
| Operating income | $29,659,143 | +4.8% | $28,306,125 | -79.0% | $134,785,607 | +273.8% | $36,059,338 | +31.8% | $27,368,770 |
| EBITDA | $47,897,859 | -2.9% | $49,348,453 | -71.8% | $175,141,553 | +188.2% | $60,770,071 | +21.0% | $50,213,072 |
| Net profit | $12,633,069 | +7.0% | $11,802,710 | -86.7% | $88,420,823 | +4370.7% | -$2,070,430 | +80.8% | -$10,786,247 |
| Gross margin | 54.1% | +1.0 p.p. | 53.1% | +10.9 p.p. | 42.2% | -13.1 p.p. | 55.3% | +11.8 p.p. | 43.5% |
| Operating margin | 47.2% | -0.1 p.p. | 47.3% | -14.0 p.p. | 61.3% | +20.1 p.p. | 41.2% | +10.7 p.p. | 30.5% |
| EBITDA margin | 76.2% | -6.2 p.p. | 82.5% | +2.8 p.p. | 79.7% | +10.3 p.p. | 69.4% | +13.5 p.p. | 55.9% |
| Net margin | 20.1% | +0.4 p.p. | 19.7% | -20.5 p.p. | 40.2% | +42.6 p.p. | -2.4% | +9.6 p.p. | -12.0% |
| Revenue growth (YoY) | -0.4% | +75.4 p.p. | -75.9% | -295.6 p.p. | 219.7% | +230.2 p.p. | -10.5% | — | — |
| Effective tax rate | 25.3% | -4.2 p.p. | 29.6% | +10.3 p.p. | 19.2% | -67.9 p.p. | 87.1% | +526.3 p.p. | -439.2% |
| Interest coverage | 1.98× | +5.9% | 1.87× | -70.3% | 6.29× | +411.9% | 1.23× | +26.6% | 0.97× |
Newest column (“Last 12M”) = trailing 12 months, the last 4 reported quarters — shown with the quarter range it spans; earlier columns are full fiscal years.
Balance Sheet — Health & Leverage
| Metric | Last 12MQ2'25 – Q1'26 | Δ | 2025 | Δ | 2024 | Δ | 2023 | Δ | 2022 |
|---|---|---|---|---|---|---|---|---|---|
| Net debt | $61,326,259 | +11.8% | $54,866,331 | -39.1% | $90,035,611 | -46.6% | $168,731,186 | -0.7% | $169,949,476 |
| Net Debt / Equity | 0.46× | +3.1% | 0.45× | -13.9% | 0.52× | -4.0% | 0.54× | -8.3% | 0.59× |
| Net Debt / EBITDA | 1.28× | +15.2% | 1.11× | +116.3% | 0.51× | -81.5% | 2.78× | -18.0% | 3.38× |
| Debt / Equity | 0.68× | -2.0% | 0.70× | -9.5% | 0.77× | +18.4% | 0.65× | -3.9% | 0.68× |
| Current ratio | 1.27× | -1.6% | 1.30× | -75.1% | 5.21× | -1.3% | 5.28× | +9.2% | 4.84× |
| Return on equity (ROE) | 9.5% | -0.1 p.p. | 9.6% | -41.3 p.p. | 50.9% | +51.5 p.p. | -0.7% | +3.1 p.p. | -3.7% |
| Return on assets (ROA) | 2.9% | +0.1 p.p. | 2.8% | -14.5 p.p. | 17.4% | +17.6 p.p. | -0.3% | +1.1 p.p. | -1.4% |
| Book value / share | $0.87 | +8.5% | $0.81 | -29.2% | $1.14 | -44.4% | $2.05 | +8.2% | $1.89 |
Newest column (“Last 12M”) = trailing 12 months, the last 4 reported quarters — shown with the quarter range it spans; earlier columns are full fiscal years.
Net Debt & Leverage
Free Cash Flow
Margins
Dividend Payout Ratio
Capex ÷ Revenue
Cash Conversion (operating cash flow ÷ net income)
Ratios computed from company financial statements. Net Debt = total debt − cash & equivalents; FCF = operating cash flow − capital expenditure; absolute values in USD.
Valuation & Dividends
P/E Ratio History
Dividend History
Dividends and yield from Yahoo Finance (per ADR share, in US dollars). The current-year figures are calendar year-to-date (dividends actually paid this year), not the trailing 12 months.
Listings
SYN prop e tech trades on 2 exchanges. Prices on this page are the OTC ADR (SYYNY).
| Exchange | Ticker | Currency |
|---|---|---|
| OTCpriced here | SYYNY | USD |
| B3 (São Paulo) | SYNE3 | BRL |
Frequently Asked Questions
Where is SYN prop e tech listed?
SYN prop e tech trades on 2 exchanges. The line quoted on this page is OTC in the United States (SYYNY, US dollars). It also trades on B3 (São Paulo) in Brazil (SYNE3, Brazilian reais).
On how many exchanges does SYN prop e tech trade?
2. OTC — SYYNY (USD) · B3 (São Paulo) — SYNE3 (BRL). Prices shown on this page are the OTC line, SYYNY.
What is SYN prop e tech's primary listing?
SYN prop e tech's primary listing is on the B3 in Brazil, where the shares trade as SYNE3 in reais — the company's home market. The OTC line quoted on this page is an ADR over those same shares: it gives you the asset in US dollars, on US market hours, without opening a Brazilian brokerage account or trading in reais.
What is the difference between SYYNY and SYNE3?
They are the same company and, economically, the same asset. SYNE3 is the original Brazilian share, listed on the B3 and quoted in reais. SYYNY is an American Depositary Receipt over that share, listed on the OTC and quoted in US dollars — a wrapper whose purpose is to give foreign investors access to the Brazilian asset without opening an account in Brazil. The SYYNY price therefore tracks two things: SYNE3 in reais, and the USD/BRL exchange rate.
How can I buy SYN prop e tech stock in the United States?
SYN prop e tech is listed on the OTC under SYYNY, priced in US dollars. Any US brokerage offering over-the-counter securities can trade it, with no foreign-account paperwork and no currency conversion.
As of Fri, Aug 14, 17:00 BRT · Market closed
Financial data last updated: August 15, 2026






