Luiz Santos - Joo Fortes Independent Director

JFEN3 Stock  BRL 3.18  0.23  6.74%   

Director

Mr. Luiz Serafim Spinola Santos serves as Independent Director of Joao Fortes Engenharia SA since April 30, 2007. He was Member of the Board of Directors of Cremer SA since 2006, Metalurgica Gerdau since 2008 and Medidata Informatica since 1983. He was Director of ABRASCA from 1995 to 2004, having been elected Vice President in 2009. He has served as Chairman of the Corporationrationrate Governance Committee of ABRASCA since 2002. He is Representative of Conselho de AutoRegulacao de Ofertas Publicas of ANBID and Comissao de Abertura de Capital da BOVESPA. He was Member of IBGC since 2005, ABVCAP since 2005 and APIMEC of which he was Founding Partner in 1970. He was Partner of UBS Capital Americas from 1998 to 2002 and Brasilpar from 1981 to 1997. He was Member of the Board of Directors of Directnet Telecomunicacoes from 2000 to 2004, and Fitch do Brasil from 1994 to 2002. In 2002, he acted as Vice Chairman of the Board of Directors of Varig. From 1977 to 1981, he was Managing Director at CVM. From 1974 to 1977, he worked at IBRASA, subsidiary of BNDES as Managing Director of Operations. He obtained a degree in Civil Engineering from Universidade Federal do Rio de Janeiro in 1970 and a Master degree in Production Engineering from Universidade Federal do Rio de Janeiro in 1972. Additionally, he attended a post graduate course in Business Administration at INSEAD, France, in 1977. since 2007.
Age 72
Tenure 17 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.
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.

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Additional Tools for Joo Stock Analysis

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