Markets · Stocks & ETFs · ADR

SYN prop e tech (OTC: SYYNY)

$3.32+0.00%today

Brazilian ADR trading on the OTC, priced in US dollars.

Display currency
Market Cap, EPS and the financial totals below — switch between US dollars and BRL.
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

Today
+0.00%
1 Week
+0.00%
1 Month
+0.00%
YTD
-8.67%
1 Year
-29.01%
5 Years
+28.19%
SYN prop e tech logo

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.

www.syn.com.br/en

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).

ProfitabilityLeverageGrowth

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

MetricLast 12MQ2'25 – Q1'26Δ2025Δ2024Δ2023Δ2022
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 margin54.1%+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 margin47.2%-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 margin76.2%-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 margin20.1%+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 rate25.3%-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 coverage1.98×+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

MetricLast 12MQ2'25 – Q1'26Δ2025Δ2024Δ2023Δ2022
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 / Equity0.46×+3.1%0.45×-13.9%0.52×-4.0%0.54×-8.3%0.59×
Net Debt / EBITDA1.28×+15.2%1.11×+116.3%0.51×-81.5%2.78×-18.0%3.38×
Debt / Equity0.68×-2.0%0.70×-9.5%0.77×+18.4%0.65×-3.9%0.68×
Current ratio1.27×-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).

ExchangeTickerCurrency
OTCpriced hereSYYNYUSD
B3 (São Paulo)SYNE3BRL

Frequently Asked Questions

Why hold SYN prop e tech SYYNY ADR instead of local B3 SYNE3 shares?

Buying directly on Brazil’s B3 exchange means opening a local brokerage account, converting currency and dealing with Brazilian tax paperwork. ADRs remove that friction: they settle in dollars, follow US market hours, and report in formats foreign investors already understand.

The trade-off is that an ADR’s price reflects two moving parts: (1) the underlying share price, quoted in reais on the B3, and (2) the USD/BRL exchange rate. Because of that second part, a rising company can still deliver a flat, or even negative, dollar return if the real weakens against the dollar. The same applies to ETFs: funds such as EWZ, EWZS and FLBR bundle dozens of these companies into a single ticker for instant diversification, but their dollar value still moves with the real.

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