João Fortes Engenharia is one of Rio de Janeiro's oldest construction and real-estate names. It is also a company whose liabilities now exceed its assets, a rare and serious position for a listed firm. Full nameJoão Fortes Engenharia S.A. Tickers / exchangeJFEN3 / B3 (São Paulo) HeadquartersRio de Janeiro, Brazil SectorReal estate development and construction EmployeesNot disclosed in available sources Market valueR$5.25 million (US$1.02 million) Yearly salesR$174.98 million (US$33.96 million) Net profit−R$223.22 million (US$−43.33 million) Net margin−127.6% (our calculation) Return on equityNegative; equity is negative Price-to-earningsNot meaningful (loss-making) Dividend yieldNone …
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