Sociedad Comercial del Plata S.A. (COME) - Net Assets
Based on the latest financial reports, Sociedad Comercial del Plata S.A. (COME) has net assets worth AR$536.63 Billion ARS (≈ $388.31 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AR$759.96 Billion ≈ $549.91 Million USD) and total liabilities (AR$223.33 Billion ≈ $161.60 Million USD). 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. Check COME asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AR$536.63 Billion |
| % of Total Assets | 70.61% |
| Annual Growth Rate | 85.53% |
| 5-Year Change | 1680.56% |
| 10-Year Change | N/A |
| Growth Volatility | 216.05 |
Sociedad Comercial del Plata S.A. - Net Assets Trend (2015–2024)
This chart illustrates how Sociedad Comercial del Plata S.A.'s net assets have evolved over time, based on quarterly financial data. Also explore Sociedad Comercial del Plata S.A. assets under control for the complete picture of this company's asset base.
Annual Net Assets for Sociedad Comercial del Plata S.A. (2015–2024)
The table below shows the annual net assets of Sociedad Comercial del Plata S.A. from 2015 to 2024. For live valuation and market cap data, see Sociedad Comercial del Plata S.A. market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AR$461.43 Billion ≈ $333.89 Million |
+5.18% |
| 2023-12-31 | AR$438.69 Billion ≈ $317.44 Million |
+511.97% |
| 2022-12-31 | AR$71.68 Billion ≈ $51.87 Million |
+98.59% |
| 2021-12-31 | AR$36.10 Billion ≈ $26.12 Million |
+39.29% |
| 2020-12-31 | AR$25.91 Billion ≈ $18.75 Million |
+36.03% |
| 2019-12-31 | AR$19.05 Billion ≈ $13.79 Million |
+71.13% |
| 2018-12-31 | AR$11.13 Billion ≈ $8.06 Million |
+582.14% |
| 2017-12-31 | AR$1.63 Billion ≈ $1.18 Million |
-13.79% |
| 2016-12-31 | AR$1.89 Billion ≈ $1.37 Million |
+6.98% |
| 2015-12-31 | AR$1.77 Billion ≈ $1.28 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sociedad Comercial del Plata 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 70275.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AR$43.94 Billion | 9.71% |
| Other Components | AR$408.62 Billion | 90.29% |
| Total Equity | AR$452.57 Billion | 100.00% |
Sociedad Comercial del Plata S.A. Competitors by Market Cap
The table below lists competitors of Sociedad Comercial del Plata S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TTS (TRANSPORT TRADE SERVICES)
RO:TTS
|
$229.80 Million |
|
Iberpapel Gestion SA
MC:IBG
|
$230.02 Million |
|
Bank Nationalnobu Tbk
JK:NOBU
|
$230.06 Million |
|
Sern Kou Resources Bhd
KLSE:7180
|
$230.07 Million |
|
Cathay Consolidated Inc
TW:1342
|
$229.70 Million |
|
Stille AB
ST:STIL
|
$229.66 Million |
|
WEST RED LAKE GOLD MINES
F:UJ0
|
$229.58 Million |
|
Cricut Inc
NASDAQ:CRCT
|
$229.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sociedad Comercial del Plata S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 429,606,820,000 to 452,565,145,000, a change of 22,958,325,000 (5.3%).
- Net income of 65,660,630,000 contributed positively to equity growth.
- Other factors decreased equity by 42,702,305,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AR$65.66 Billion | +14.51% |
| Other Changes | AR$-42.70 Billion | -9.44% |
| Total Change | AR$- | 5.34% |
Book Value vs Market Value Analysis
This analysis compares Sociedad Comercial del Plata 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: 0.70x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.09x to 0.70x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | AR$489.54 | AR$45.35 | x |
| 2018-12-31 | AR$3846.89 | AR$45.35 | x |
| 2019-12-31 | AR$5726.37 | AR$45.35 | x |
| 2020-12-31 | AR$7739.54 | AR$45.35 | x |
| 2021-12-31 | AR$11468.31 | AR$45.35 | x |
| 2022-12-31 | AR$22983.08 | AR$45.35 | x |
| 2023-12-31 | AR$61.37 | AR$45.35 | x |
| 2024-12-31 | AR$64.65 | AR$45.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sociedad Comercial del Plata 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): 14.51%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.74%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 1.41x
- Recent ROE (14.51%) is above the historical average (10.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 25.72% | 17.40% | 0.58x | 2.54x | AR$219.96 Million |
| 2016 | 9.02% | 6.09% | 0.64x | 2.30x | AR$-16.52 Million |
| 2017 | -10.05% | -7.01% | 0.48x | 2.98x | AR$-327.04 Million |
| 2018 | 40.49% | 98.61% | 0.26x | 1.61x | AR$3.39 Billion |
| 2019 | 5.93% | 4.31% | 0.82x | 1.68x | AR$-727.28 Million |
| 2020 | 3.66% | 3.18% | 0.75x | 1.53x | AR$-1.54 Billion |
| 2021 | 2.88% | 2.14% | 0.97x | 1.39x | AR$-2.57 Billion |
| 2022 | 28.11% | 7.09% | 2.99x | 1.33x | AR$12.98 Billion |
| 2023 | -15.16% | -11.49% | 0.82x | 1.61x | AR$-108.08 Billion |
| 2024 | 14.51% | 11.74% | 0.88x | 1.41x | AR$20.40 Billion |
Industry Comparison
This section compares Sociedad Comercial del Plata S.A.'s net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $44,613,885,183
- Average return on equity (ROE) among peers: 10.18%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sociedad Comercial del Plata S.A. (COME) | AR$536.63 Billion | 25.72% | 0.42x | $229.71 Million |
| Carlos Casado (CADO) | $5.21 Billion | -4.15% | 0.22x | $48.84 Million |
| Cresud SA (CRES) | $206.79 Billion | 17.94% | 1.56x | $788.67 Million |
| Garovaglio y Zorraquin S.A. (GARO) | $30.12 Million | 16.06% | 2.02x | $8.18 Million |
| Ledesma SAAI (LEDE) | $8.63 Billion | 8.53% | 2.15x | $276.82 Million |
| Pampa Energia SA (PAMP) | $2.41 Billion | 12.52% | 0.96x | $4.83 Billion |
About Sociedad Comercial del Plata S.A.
Sociedad Comercial del Plata S.A. operates in construction, energy, agribusiness, transport and infrastructure, and real estate sectors in Argentina and internationally. It operates through Construction; Oil; and Agribusiness segments. The company provides construction materials, such as hollow ceramic bricks, floor and wall coverings, ceramics, porcelain tiles, and processed glasses under the CE… Read more