Carlos Casado
Carlos Casado S.A., together with its subsidiaries, operates as an agricultural company in Latin America. The company is involved in the real estate construction and development; development and operation of land; production of soybean and corn; and livestock and breeding activities. The company was founded in 1883 and is based in Buenos Aires, Argentina.
Carlos Casado (CADO) - Net Assets
Latest net assets as of December 2025: AR$64.93 Billion ARS
Based on the latest financial reports, Carlos Casado (CADO) has net assets worth AR$64.93 Billion ARS as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AR$82.37 Billion) and total liabilities (AR$17.44 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$64.93 Billion |
| % of Total Assets | 78.83% |
| Annual Growth Rate | 67.62% |
| 5-Year Change | 1182.84% |
| 10-Year Change | N/A |
| Growth Volatility | 125.69 |
Carlos Casado - Net Assets Trend (2015–2024)
This chart illustrates how Carlos Casado's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Carlos Casado (2015–2024)
The table below shows the annual net assets of Carlos Casado from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AR$51.89 Billion | -2.26% |
| 2023-12-31 | AR$53.08 Billion | +371.13% |
| 2022-12-31 | AR$11.27 Billion | +116.18% |
| 2021-12-31 | AR$5.21 Billion | +28.86% |
| 2020-12-31 | AR$4.04 Billion | +39.35% |
| 2019-12-31 | AR$2.90 Billion | +9.25% |
| 2018-12-31 | AR$2.66 Billion | +268.63% |
| 2017-12-31 | AR$720.76 Million | +19.32% |
| 2016-12-31 | AR$604.04 Million | +21.70% |
| 2015-12-31 | AR$496.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Carlos Casado'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 229.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AR$827.31 Million | 1.59% |
| Other Components | AR$51.06 Billion | 98.41% |
| Total Equity | AR$51.89 Billion | 100.00% |
Carlos Casado Competitors by Market Cap
The table below lists competitors of Carlos Casado ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HAVRF
PINK:HAVRF
|
$23.41 Million |
|
Dhunseri Investments Limited
NSE:DHUNINV
|
$23.41 Million |
|
Piolink Inc
KQ:170790
|
$23.41 Million |
|
Tex-Ray Industrial Co Ltd
TW:1467
|
$23.42 Million |
|
Chian Hsing Forging Industrial Co Ltd
TWO:4528
|
$23.41 Million |
|
Orexo AB (publ)
OTCQX:ORXOF
|
$23.41 Million |
|
Genetec Technology Bhd
KLSE:0104
|
$23.40 Million |
|
World Known MFG (Cayman) Limited
TW:4581
|
$23.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Carlos Casado's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 53,084,289,140 to 51,887,189,110, a change of -1,197,100,030 (-2.3%).
- Net income of 827,308,462 contributed positively to equity growth.
- Other factors decreased equity by 2,024,408,492.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AR$827.31 Million | +1.59% |
| Other Changes | AR$-2.02 Billion | -3.9% |
| Total Change | AR$- | -2.26% |
Book Value vs Market Value Analysis
This analysis compares Carlos Casado'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: 1.34x
- 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 96.58x to 1.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | AR$5.85 | AR$565.00 | x |
| 2018-12-31 | AR$21.57 | AR$565.00 | x |
| 2019-12-31 | AR$23.56 | AR$565.00 | x |
| 2020-12-31 | AR$32.83 | AR$565.00 | x |
| 2021-12-31 | AR$42.31 | AR$565.00 | x |
| 2022-12-31 | AR$91.46 | AR$565.00 | x |
| 2023-12-31 | AR$430.88 | AR$565.00 | x |
| 2024-12-31 | AR$421.16 | AR$565.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Carlos Casado 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): 1.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.03%
- • Asset Turnover: 0.18x
- • Equity Multiplier: 1.26x
- Recent ROE (1.59%) is below the historical average (5.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 12.89% | 169.31% | 0.06x | 1.21x | AR$14.34 Million |
| 2016 | 10.30% | 1456.45% | 0.01x | 1.11x | AR$1.84 Million |
| 2017 | 6.26% | 23.62% | 0.22x | 1.19x | AR$-26.95 Million |
| 2018 | 10.69% | 37.86% | 0.25x | 1.12x | AR$18.29 Million |
| 2019 | -0.81% | -4.96% | 0.14x | 1.14x | AR$-313.73 Million |
| 2020 | 6.89% | 30.84% | 0.19x | 1.15x | AR$-125.70 Million |
| 2021 | -4.15% | -19.70% | 0.17x | 1.22x | AR$-737.43 Million |
| 2022 | 16.60% | 12.84% | 1.08x | 1.20x | AR$744.20 Million |
| 2023 | -7.65% | -48.83% | 0.13x | 1.24x | AR$-9.37 Billion |
| 2024 | 1.59% | 7.03% | 0.18x | 1.26x | AR$-4.36 Billion |
Industry Comparison
This section compares Carlos Casado's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $43,017,039,847
- Average return on equity (ROE) among peers: -4.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Carlos Casado (CADO) | AR$64.93 Billion | 12.89% | 0.27x | $23.41 Million |
| Cresud SA (CRES) | $122.15 Billion | 3.22% | 4.62x | $554.95 Million |
| Garovaglio y Zorraquin S.A. (GARO) | $1.42 Billion | 11.45% | 2.29x | $3.75 Million |
| Ledesma SAAI (LEDE) | $5.48 Billion | -27.69% | 2.24x | $30.58 Million |