Mitre Realty is a São Paulo homebuilder that has quietly become one of Brazil's more efficient developers of middle and upper-middle-class apartments. It is small, profitable, and unusually cheap by the market's usual measures. Full nameMitre Realty Empreendimentos e Participações S.A. Tickers / exchangeMTRE3 / B3 (São Paulo) HeadquartersSão Paulo, SP, Brazil SectorReal Estate — Development EmployeesNot disclosed in available sources Market valueR$355.4 million (US$69.4 million) Yearly salesR$1.115 billion (US$217.6 million) Net profitR$53.75 million (US$10.5 million) Net margin5.9% Return on equity9.4% Price-to-earnings5.4 Dividend yield6.0% Websitemitrerealty.com.br What it is Mitre Realty …
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