San Miguel AG (SAMI) - Net Assets
Based on the latest financial reports, San Miguel AG (SAMI) has net assets worth AR$107.40 Billion ARS (≈ $77.71 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AR$664.73 Billion ≈ $481.00 Million USD) and total liabilities (AR$557.34 Billion ≈ $403.29 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 SAMI financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AR$107.40 Billion |
| % of Total Assets | 16.16% |
| Annual Growth Rate | 58.79% |
| 5-Year Change | 495.38% |
| 10-Year Change | 7743.84% |
| Growth Volatility | 121.58 |
San Miguel AG - Net Assets Trend (2015–2025)
This chart illustrates how San Miguel AG's net assets have evolved over time, based on quarterly financial data. Also explore San Miguel AG balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for San Miguel AG (2015–2025)
The table below shows the annual net assets of San Miguel AG from 2015 to 2025. For live valuation and market cap data, see San Miguel AG (SAMI) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | AR$107.40 Billion ≈ $77.71 Million |
+54.85% |
| 2024-12-31 | AR$69.35 Billion ≈ $50.18 Million |
+310.22% |
| 2023-12-31 | AR$16.91 Billion ≈ $12.23 Million |
+49.66% |
| 2022-12-31 | AR$11.30 Billion ≈ $8.17 Million |
-37.37% |
| 2021-12-31 | AR$18.04 Billion ≈ $13.05 Million |
-5.36% |
| 2020-12-31 | AR$19.06 Billion ≈ $13.79 Million |
+18.33% |
| 2019-12-31 | AR$16.11 Billion ≈ $11.66 Million |
+51.66% |
| 2018-12-31 | AR$10.62 Billion ≈ $7.69 Million |
+336.58% |
| 2017-12-31 | AR$2.43 Billion ≈ $1.76 Million |
+77.67% |
| 2016-12-31 | AR$1.37 Billion ≈ $990.74K |
+29.99% |
| 2015-12-31 | AR$1.05 Billion ≈ $762.15K |
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Equity Component Analysis
This analysis shows how different components contribute to San Miguel AG'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 decreased by 9058.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | AR$180.15 Billion | 182.10% |
| Total Equity | AR$98.93 Billion | 100.00% |
San Miguel AG Competitors by Market Cap
The table below lists competitors of San Miguel AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Ellassay Fashion Co
SHG:603808
|
$599.51 Million |
|
BECE Legend Group Co Ltd
SHE:000803
|
$599.78 Million |
|
Sparebanken Møre
OL:MORG
|
$599.79 Million |
|
Beijing Piesat Information Technology Co Ltd
SHG:688066
|
$599.88 Million |
|
Zhejiang Huada New Materials Co Ltd
SHG:605158
|
$599.44 Million |
|
Xinjiang East Universe Group Gas Co Ltd
SHG:603706
|
$599.42 Million |
|
Haier Smart Home Co Ltd
XETRA:690D
|
$599.34 Million |
|
IFE Elevators Co Ltd
SHE:002774
|
$599.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in San Miguel AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 67,155,304,000 to 98,927,773,000, a change of 31,772,469,000 (47.3%).
- Net loss of 35,556,184,000 reduced equity.
- Share repurchases of 199,283,915,000 reduced equity.
- New share issuances of 3,559,199,000 increased equity.
- Other factors increased equity by 263,053,369,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AR$-35.56 Billion | -35.94% |
| Share Repurchases | AR$199.28 Billion | -201.44% |
| Share Issuances | AR$3.56 Billion | +3.6% |
| Other Changes | AR$263.05 Billion | +265.9% |
| Total Change | AR$- | 47.31% |
Book Value vs Market Value Analysis
This analysis compares San Miguel AG'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: 10.01x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 155.89x to 10.01x 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$3.42 | AR$533.00 | x |
| 2018-12-31 | AR$14.93 | AR$533.00 | x |
| 2019-12-31 | AR$22.64 | AR$533.00 | x |
| 2020-12-31 | AR$26.79 | AR$533.00 | x |
| 2021-12-31 | AR$25.35 | AR$533.00 | x |
| 2022-12-31 | AR$15.88 | AR$533.00 | x |
| 2023-12-31 | AR$21.90 | AR$533.00 | x |
| 2024-12-31 | AR$45.22 | AR$533.00 | x |
| 2025-12-31 | AR$53.23 | AR$533.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently San Miguel AG utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -35.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.61%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 6.72x
- Recent ROE (-35.94%) is below the historical average (-24.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -6.18% | -2.81% | 0.65x | 3.39x | AR$-170.42 Million |
| 2016 | 16.85% | 5.73% | 0.98x | 2.99x | AR$93.82 Million |
| 2017 | 6.96% | 4.38% | 0.55x | 2.91x | AR$-74.04 Million |
| 2018 | -10.38% | -11.07% | 0.44x | 2.15x | AR$-2.16 Billion |
| 2019 | -2.25% | -3.34% | 0.27x | 2.45x | AR$-1.97 Billion |
| 2020 | -16.24% | -17.81% | 0.34x | 2.68x | AR$-5.00 Billion |
| 2021 | -23.32% | -18.40% | 0.36x | 3.56x | AR$-6.01 Billion |
| 2022 | -83.99% | -68.21% | 0.18x | 6.89x | AR$-10.62 Billion |
| 2023 | -92.40% | -49.22% | 0.08x | 23.79x | AR$-15.95 Billion |
| 2024 | -26.91% | -17.44% | 0.24x | 6.53x | AR$-24.79 Billion |
| 2025 | -35.94% | -20.61% | 0.26x | 6.72x | AR$-45.45 Billion |
Industry Comparison
This section compares San Miguel AG's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $5,176,273,629
- Average return on equity (ROE) among peers: 9.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| San Miguel AG (SAMI) | AR$107.40 Billion | -6.18% | 5.19x | $599.44 Million |
| Inversora Juramento SA (INVJ) | $15.42 Billion | 4.62% | 0.57x | $199.66 Million |
| Molinos Agro SA (MOLA) | $1.46 Billion | 30.40% | 5.58x | $872.72 Million |
| Morixe Hermanos SACI (MORI) | $2.39 Billion | 7.42% | 1.62x | $40.54 Million |
| Molinos Juan Semino SA (SEMI) | $1.44 Billion | -6.38% | 0.62x | $46.37 Million |
About San Miguel AG
S.A. San Miguel A.G.I.C.I. y F. engages in cultivation, processing, producing, and commercializing citrus products in Argentina. It offers oil and essences, juices, peel, and pulp cells products. The company is involved in harvesting, packing, and grinding activities. It also exports its products. The company was incorporated in 1954 and is based in Vicente López, Argentina.