Pague Menos is Brazil's third-largest pharmacy chain, built from a single store in Fortaleza in 1981. It now runs more than 1,600 stores and a fast-growing digital operation, yet the market values the whole company at barely more than one year's profit. Full nameEmpreendimentos Pague Menos S.A. Tickers / exchangePGMN3 / B3 (São Paulo) HeadquartersFortaleza, Ceará, Brazil SectorHealthcare — pharmaceutical retail Employees28,534 Market valueR$ 2.80 billion (US$ 544 million) Yearly salesR$ 15.64 billion (US$ 3.04 billion) Net profitR$ 260 million (US$ 50.5 million) Net margin2.1% Return on equity10.6% Price-to-earnings7.8 Dividend …
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