A3 Mercados S.A.

BA:A3 Argentina Financial Data & Stock Exchanges
Market Cap
$692.98 Million
AR$720.82 Billion ARS
Market Cap Rank
#43394 Global
#70 in Argentina
Share Price
AR$2940.00
Change (1 day)
+3.16%
52-Week Range
AR$2745.00 - AR$2940.00
All Time High
AR$2940.00
About

A3 Mercados S.A. operates as a market for negotiable securities in Argentina and internationally. It offers financial and agricultural instruments, including spot, derivatives, and OTC trading; guaranteed spot PPT; over the counter A3 registration; and surety rate futures. The company also provides primary placements, secondary spot trading, and foreign exchange market; and FCI market and warrant… Read more

A3 Mercados S.A. (A3) - Net Assets

Latest net assets as of September 2025: AR$637.67 Billion ARS

Based on the latest financial reports, A3 Mercados S.A. (A3) has net assets worth AR$637.67 Billion ARS as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AR$873.87 Billion) and total liabilities (AR$236.20 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets AR$637.67 Billion
% of Total Assets 72.97%
Annual Growth Rate 150.14%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 108.55

A3 Mercados S.A. - Net Assets Trend (2022–2025)

This chart illustrates how A3 Mercados S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for A3 Mercados S.A. (2022–2025)

The table below shows the annual net assets of A3 Mercados S.A. from 2022 to 2025.

Year Net Assets Change
2025-06-30 AR$579.63 Billion +181.57%
2024-06-30 AR$205.86 Billion +37.85%
2023-06-30 AR$149.33 Billion +303.45%
2022-06-30 AR$37.01 Billion --

Equity Component Analysis

This analysis shows how different components contribute to A3 Mercados S.A.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 5533.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Retained Earnings AR$153.34 Billion 26.62%
Other Components AR$422.78 Billion 73.38%
Total Equity AR$576.12 Billion 100.00%

A3 Mercados S.A. Competitors by Market Cap

The table below lists competitors of A3 Mercados S.A. ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in A3 Mercados S.A.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 201,381,920,000 to 576,120,650,000, a change of 374,738,730,000 (186.1%).
  • Net income of 21,435,000,000 contributed positively to equity growth.
  • Dividend payments of 44,578,000,000 reduced retained earnings.
  • New share issuances of 199,000,000 increased equity.
  • Other factors increased equity by 397,682,730,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AR$21.43 Billion +3.72%
Dividends Paid AR$44.58 Billion -7.74%
Share Issuances AR$199.00 Million +0.03%
Other Changes AR$397.68 Billion +69.03%
Total Change AR$- 186.08%

Book Value vs Market Value Analysis

This analysis compares A3 Mercados S.A.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 1.25x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 10.01x to 1.25x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2022-06-30 AR$293.82 AR$2940.00 x
2023-06-30 AR$1179.89 AR$2940.00 x
2024-06-30 AR$1638.32 AR$2940.00 x
2025-06-30 AR$2349.82 AR$2940.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently A3 Mercados S.A. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 3.72%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 22.47%
  • • Asset Turnover: 0.13x
  • • Equity Multiplier: 1.26x
  • Recent ROE (3.72%) is below the historical average (6.67%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2022 7.40% 22.12% 0.15x 2.24x AR$-940.43 Million
2023 11.51% 29.02% 0.22x 1.78x AR$2.20 Billion
2024 4.05% 10.97% 0.22x 1.69x AR$-11.99 Billion
2025 3.72% 22.47% 0.13x 1.26x AR$-36.18 Billion

Industry Comparison

This section compares A3 Mercados S.A.'s net assets metrics with peer companies in the Financial Data & Stock Exchanges industry.

Industry Context

  • Industry: Financial Data & Stock Exchanges
  • Average net assets among peers: $548,638,203
  • Average return on equity (ROE) among peers: 15.30%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
A3 Mercados S.A. (A3) AR$637.67 Billion 7.40% 0.37x $26.19K
Matba Rofex SA (MTR) $548.64 Million 15.30% 0.18x $20.96K