Vale S.A
Vale S.A., together with its subsidiaries, produces iron ore and nickel in Asia, the Americas, Europe, and internationally. It operates through Iron Solutions and Energy Transition Materials segments. The company extracts and produces iron ore, iron ore pellets, briquettes, and other ferrous products; provides logistic related services; and operates mining complexes, railways, maritime terminals,… Read more
Vale S.A (VALEN) - Net Assets
Latest net assets as of September 2025: MX$42.28 Billion MXN
Based on the latest financial reports, Vale S.A (VALEN) has net assets worth MX$42.28 Billion MXN as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$91.19 Billion) and total liabilities (MX$48.91 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 | MX$42.28 Billion |
| % of Total Assets | 46.37% |
| Annual Growth Rate | -12.64% |
| 5-Year Change | -0.84% |
| 10-Year Change | -75.23% |
| Growth Volatility | 21.32 |
Vale S.A - Net Assets Trend (2013–2024)
This chart illustrates how Vale 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 Vale S.A (2013–2024)
The table below shows the annual net assets of Vale S.A from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | MX$34.53 Billion | -15.75% |
| 2023-12-31 | MX$40.98 Billion | +9.70% |
| 2022-12-31 | MX$37.36 Billion | +5.81% |
| 2021-12-31 | MX$35.31 Billion | +1.39% |
| 2020-12-31 | MX$34.82 Billion | -10.70% |
| 2019-12-31 | MX$38.99 Billion | -13.02% |
| 2018-12-31 | MX$44.83 Billion | +0.13% |
| 2017-12-31 | MX$44.77 Billion | +9.14% |
| 2016-12-31 | MX$41.02 Billion | -70.58% |
| 2015-12-31 | MX$139.42 Billion | -7.21% |
| 2014-12-31 | MX$150.25 Billion | -1.65% |
| 2013-12-31 | MX$152.77 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vale 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | MX$33.41 Billion | 100.00% |
| Total Equity | MX$33.41 Billion | 100.00% |
Vale S.A Competitors by Market Cap
The table below lists competitors of Vale S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vistra Energy Corp
NYSE:VST
|
$51.93 Billion |
|
Fortinet Inc
NASDAQ:FTNT
|
$52.03 Billion |
|
Tokyo Electron Ltd.
PINK:TOELF
|
$52.22 Billion |
|
Midea Group Co Ltd
SHE:000333
|
$52.26 Billion |
|
L3Harris Technologies Inc
NYSE:LHX
|
$51.53 Billion |
|
Compagnie de Saint-Gobain S.A
PINK:CODGF
|
$51.28 Billion |
|
Engie S.A.
PA:ENGI
|
$51.04 Billion |
|
Cardinal Health Inc
NYSE:CAH
|
$50.81 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vale S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 39,461,000,000 to 33,406,000,000, a change of -6,055,000,000 (-15.3%).
- Net income of 6,166,000,000 contributed positively to equity growth.
- Dividend payments of 3,914,000,000 reduced retained earnings.
- Share repurchases of 409,000,000 reduced equity.
- Other factors decreased equity by 7,898,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | MX$6.17 Billion | +18.46% |
| Dividends Paid | MX$3.91 Billion | -11.72% |
| Share Repurchases | MX$409.00 Million | -1.22% |
| Other Changes | MX$-7.90 Billion | -23.64% |
| Total Change | MX$- | -15.34% |
Book Value vs Market Value Analysis
This analysis compares Vale 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: 34.30x
- 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 increased from 32.10x to 34.30x 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 | MX$8.36 | MX$268.40 | x |
| 2018-12-31 | MX$8.58 | MX$268.40 | x |
| 2019-12-31 | MX$7.81 | MX$268.40 | x |
| 2020-12-31 | MX$6.79 | MX$268.40 | x |
| 2021-12-31 | MX$7.12 | MX$268.40 | x |
| 2022-12-31 | MX$8.00 | MX$268.40 | x |
| 2023-12-31 | MX$9.18 | MX$268.40 | x |
| 2024-12-31 | MX$7.83 | MX$268.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vale S.A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.46%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.20%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 2.40x
- Recent ROE (18.46%) is above the historical average (14.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.08% | 0.11% | 0.35x | 1.97x | MX$-14.72 Billion |
| 2014 | 0.65% | 1.15% | 0.27x | 2.11x | MX$-13.69 Billion |
| 2015 | -33.71% | -56.64% | 0.23x | 2.63x | MX$-57.33 Billion |
| 2016 | 10.20% | 14.49% | 0.28x | 2.54x | MX$77.80 Million |
| 2017 | 12.67% | 16.21% | 0.34x | 2.28x | MX$1.16 Billion |
| 2018 | 15.60% | 18.76% | 0.41x | 2.01x | MX$2.46 Billion |
| 2019 | -4.20% | -4.48% | 0.41x | 2.29x | MX$-5.69 Billion |
| 2020 | 14.02% | 12.20% | 0.43x | 2.64x | MX$1.40 Billion |
| 2021 | 65.11% | 41.18% | 0.61x | 2.59x | MX$19.00 Billion |
| 2022 | 52.38% | 42.86% | 0.50x | 2.42x | MX$15.20 Billion |
| 2023 | 20.23% | 19.11% | 0.44x | 2.39x | MX$4.04 Billion |
| 2024 | 18.46% | 16.20% | 0.47x | 2.40x | MX$2.83 Billion |
Industry Comparison
This section compares Vale S.A's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vale S.A (VALEN) | MX$42.28 Billion | 0.08% | 1.16x | $51.70 Billion |
| CFECAPITAL S. De R.L. De C.V (FCFE18) | $3.64 Billion | 15.81% | 12.85x | $11.30K |
| Monex S.A.B. de C.V (MONEXB) | $1.44 Billion | 0.00% | 11.70x | $123.89 Million |