Antonio Carneiro - Joo Fortes Chairman of the Board

JFEN3 Stock  BRL 3.06  0.19  5.85%   

Chairman

Mr. Antonio Jose de Almeida Carneiro serves as Chairman of the Board of Directors of Joao Fortes Engenharia SA since October 21, 2008. He was Member of the Companys Board of Directors since August 23, 2007. He was Member of the Executive Board of Sobrapar Soc. Bras. de Org. Participacoes Ltda since 1974. He acted at Banco Mercantil do Brasil from 1959 to 1967 and at Marcelo Leite Barbosa from 1967 to 1969. He also served as Member of the Executive Board of Multiplic Ltda and 196 Participacoes Ltda. since 2008.
Age 75
Tenure 16 years
Phone55 21 3501 4900
Webhttp://www.joaofortes.com.br

Joo Fortes Management Efficiency

The company has return on total asset (ROA) of (6.66) % which means that it has lost $6.66 on every $100 spent on assets. This is way below average. Joo Fortes' management efficiency ratios could be used to measure how well Joo Fortes manages its routine affairs as well as how well it operates its assets and liabilities.
Joo Fortes Engenharia has accumulated 585.25 M in total debt with debt to equity ratio (D/E) of 2.75, implying the company greatly relies on financing operations through barrowing. Joo Fortes Engenharia has a current ratio of 0.91, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Joo Fortes until it has trouble settling it off, either with new capital or with free cash flow. So, Joo Fortes' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Joo Fortes Engenharia sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Joo to invest in growth at high rates of return. When we think about Joo Fortes' use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 1 records

CHAIRMAN Age

Meyer NigriTecnisa SA
68
Joo Fortes Engenharia S.A. develops, constructs, and sells real estate properties in Brazil. Joo Fortes Engenharia S.A. was founded in 1950 and is headquartered in Rio de Janeiro, Brazil. JOAO FORTES operates under Real Estate Services classification in Brazil and is traded on Sao Paolo Stock Exchange. Joo Fortes Engenharia (JFEN3) is traded on Sao Paulo Exchange in Brazil and employs 10 people.

Management Performance

Joo Fortes Engenharia Leadership Team

Elected by the shareholders, the Joo Fortes' board of directors comprises two types of representatives: Joo Fortes inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Joo. The board's role is to monitor Joo Fortes' management team and ensure that shareholders' interests are well served. Joo Fortes' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Joo Fortes' outside directors are responsible for providing unbiased perspectives on the board's policies.
Wagner Lofare, Chief National Operations Officer, Member of the Executive Board
Ricardo Pierozzi, Chief Executive Officer, Director of Investor Relations
Luiz Santos, Independent Director
Fernando Perrone, Independent Director
Antonio Carneiro, Chairman of the Board
Roberto Correa, Chief Financial Officer, Member of the Executive Board
Christian Schneider, Independent Director
Jorge Lourenco, National Business Director, Member of the Executive Board
Julia Nobrega, Chief Legal Officer, Member of the Executive Board

Joo Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Joo Fortes a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Joo Stock Analysis

When running Joo Fortes' price analysis, check to measure Joo Fortes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Joo Fortes is operating at the current time. Most of Joo Fortes' value examination focuses on studying past and present price action to predict the probability of Joo Fortes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Joo Fortes' price. Additionally, you may evaluate how the addition of Joo Fortes to your portfolios can decrease your overall portfolio volatility.