Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SAJA) - Net Assets
Based on the latest financial reports, Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SAJA) has net assets worth €42.40 Billion EUR (≈ $49.57 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€104.20 Billion ≈ $121.82 Billion USD) and total liabilities (€61.80 Billion ≈ $72.25 Billion 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. Also explore balance sheet size of Companhia de Saneamento Básico do Estado for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €42.40 Billion |
| % of Total Assets | 40.69% |
| Annual Growth Rate | 11.9% |
| 5-Year Change | 70.07% |
| 10-Year Change | N/A |
| Growth Volatility | 4.87 |
Companhia de Saneamento Básico do Estado de São Paulo - SABESP - Net Assets Trend (2016–2025)
This chart illustrates how Companhia de Saneamento Básico do Estado de São Paulo - SABESP's net assets have evolved over time, based on quarterly financial data. Check SAJA tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Companhia de Saneamento Básico do Estado de São Paulo - SABESP (2016–2025)
The table below shows the annual net assets of Companhia de Saneamento Básico do Estado de São Paulo - SABESP from 2016 to 2025. For live valuation and market cap data, see Companhia de Saneamento Básico do Estado stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €42.40 Billion ≈ $49.57 Billion |
+14.82% |
| 2024-12-31 | €36.93 Billion ≈ $43.17 Billion |
+23.68% |
| 2023-12-31 | €29.86 Billion ≈ $34.91 Billion |
+9.23% |
| 2022-12-31 | €27.33 Billion ≈ $31.96 Billion |
+9.63% |
| 2021-12-31 | €24.93 Billion ≈ $29.15 Billion |
+9.38% |
| 2020-12-31 | €22.79 Billion ≈ $26.65 Billion |
+5.35% |
| 2019-12-31 | €21.64 Billion ≈ $25.29 Billion |
+10.66% |
| 2018-12-31 | €19.55 Billion ≈ $22.86 Billion |
+11.64% |
| 2017-12-31 | €17.51 Billion ≈ $20.47 Billion |
+13.58% |
| 2016-12-31 | €15.42 Billion ≈ $18.03 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Companhia de Saneamento Básico do Estado de São Paulo - SABESP'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €42.40 Billion | 100.00% |
| Total Equity | €42.40 Billion | 100.00% |
Companhia de Saneamento Básico do Estado de São Paulo - SABESP Competitors by Market Cap
The table below lists competitors of Companhia de Saneamento Básico do Estado de São Paulo - SABESP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
IHH Healthcare Bhd
KLSE:5225
|
$18.41 Billion |
|
Canon Inc
F:CNNA
|
$18.41 Billion |
|
DSM-Firmenich AG
AS:DSFIR
|
$18.41 Billion |
|
General Mills Inc
NYSE:GIS
|
$18.42 Billion |
|
Volkswagen AG VZO O.N.
XETRA:VOW3
|
$18.40 Billion |
|
Wistron Corp
TW:3231
|
$18.39 Billion |
|
Norsk Hydro ASA
F:NOHA
|
$18.38 Billion |
|
Baoshan Iron & Steel Co Ltd
SHG:600019
|
$18.36 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Companhia de Saneamento Básico do Estado de São Paulo - SABESP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 36,928,054,000 to 42,401,124,000, a change of 5,473,070,000 (14.8%).
- Net income of 8,462,059,000 contributed positively to equity growth.
- Share repurchases of 475,385,000 reduced equity.
- Other factors decreased equity by 2,513,604,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €8.46 Billion | +19.96% |
| Share Repurchases | €475.38 Million | -1.12% |
| Other Changes | €-2.51 Billion | -5.93% |
| Total Change | €- | 14.82% |
Book Value vs Market Value Analysis
This analysis compares Companhia de Saneamento Básico do Estado de São Paulo - SABESP'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: 0.08x
- 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 decreased from 0.18x to 0.08x 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 | €25.62 | €4.62 | x |
| 2018-12-31 | €28.60 | €4.62 | x |
| 2019-12-31 | €31.65 | €4.62 | x |
| 2020-12-31 | €33.35 | €4.62 | x |
| 2021-12-31 | €36.48 | €4.62 | x |
| 2022-12-31 | €39.99 | €4.62 | x |
| 2023-12-31 | €8.47 | €4.62 | x |
| 2024-12-31 | €54.03 | €4.62 | x |
| 2025-12-31 | €60.55 | €4.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Companhia de Saneamento Básico do Estado de São Paulo - SABESP 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): 19.96%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.21%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 2.46x
- Recent ROE (19.96%) is above the historical average (14.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 19.11% | 20.90% | 0.38x | 2.38x | €1.41 Billion |
| 2017 | 14.39% | 17.25% | 0.37x | 2.26x | €768.01 Million |
| 2018 | 14.50% | 17.63% | 0.37x | 2.23x | €879.90 Million |
| 2019 | 15.56% | 18.73% | 0.39x | 2.15x | €1.20 Billion |
| 2020 | 4.27% | 5.47% | 0.35x | 2.21x | €-1.31 Billion |
| 2021 | 9.25% | 11.83% | 0.37x | 2.13x | €-187.32 Million |
| 2022 | 11.42% | 14.15% | 0.39x | 2.09x | €387.91 Million |
| 2023 | 11.80% | 13.78% | 0.42x | 2.06x | €537.79 Million |
| 2024 | 25.94% | 26.50% | 0.45x | 2.19x | €5.89 Billion |
| 2025 | 19.96% | 22.21% | 0.37x | 2.46x | €4.22 Billion |
Industry Comparison
This section compares Companhia de Saneamento Básico do Estado de São Paulo - SABESP's net assets metrics with peer companies in the Utilities - Regulated Water industry.
Industry Context
- Industry: Utilities - Regulated Water
- Average net assets among peers: $4,543,599,232
- Average return on equity (ROE) among peers: -3.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SAJA) | €42.40 Billion | 19.11% | 1.46x | $18.41 Billion |
| Kangda International Environmental Company Limited (27K) | $5.12 Billion | 9.19% | 2.45x | $173.03 Million |
| Yunnan Water Investment Co. Limited (2WI) | $6.93 Billion | 6.94% | 3.71x | $3.40 Million |
| PENNON GROUP PLC UNS.ADR2 (3PN0) | $1.45 Billion | -3.99% | 3.86x | $3.04 Billion |
| Eastern Water Resources Development and Management Public Company Limited (7ES1) | $7.90 Billion | 16.62% | 0.71x | $119.79 Million |
| MEMIONTEC HOLDINGS LTD (8900) | $19.37 Million | 13.17% | 0.97x | $668.80K |
| CLEAN TEQ WATER LTD (9NK) | $8.74 Million | -126.61% | 0.44x | $20.35 Million |
| AQUA SA ZY 16 (9S0) | $392.03 Million | 2.72% | 0.31x | $30.13 Million |
| AS Tallinna Vesi (A1T) | $115.52 Million | 24.03% | 1.28x | $227.00 Million |
| American Water Works Company Inc. (AWC) | $10.33 Billion | 10.17% | 2.18x | $20.87 Billion |
| CN EVERBRIGHT WATER HD 1 (BIU2) | $13.16 Billion | 9.12% | 1.50x | $420.55 Million |
About Companhia de Saneamento Básico do Estado de São Paulo - SABESP
Companhia de Saneamento Básico do Estado de São Paulo - SABESP provides basic and environmental sanitation services in the São Paulo State, Brazil. The company supplies treated water and sewage services on a wholesale basis. As of December 31, 2024, it provided water services through 9.5 million water connections; and sewage services through 8.2 million sewage connections in the 375 municipalitie… Read more