Armac rents the machines that keep Brazil's warehouses, mines and construction sites moving — from forklifts to heavy yellow-line equipment. It is a simple business with a complicated balance sheet. Full nameArmac Locação, Logística e Serviços S.A. Tickers / exchangeARML3 — B3 (São Paulo) HeadquartersBarueri, São Paulo, Brazil SectorIndustrials — Rental & Leasing Services EmployeesNot disclosed in available sources Market valueR$1.46 billion (US$282 million) Yearly salesR$1.99 billion (US$384 million) Net profitR$67.1 million (US$12.9 million) Net margin3.1% Return on equity6.3% Price-to-earnings23.4 Dividend yield0.1% Websitearmac.com.br What it is Armac rents out industrial …
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