Patria Investments Ltd
Patria Investments Limited operates as a private market investment firm. It specializes in investments in private equity, secondary direct and indirect and venture capital with focus in middle market, buyout and growth capital investments. It seeks to be sector agnostic with focus on agribusiness, power & energy, healthcare, logistics & transportations, food & beverage, agricultural products, pac… Read more
Patria Investments Ltd (PAX) - Net Assets
Latest net assets as of December 2025: $639.00 Million USD
Based on the latest financial reports, Patria Investments Ltd (PAX) has net assets worth $639.00 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 ($1.49 Billion) and total liabilities ($850.60 Million). 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 | $639.00 Million |
| % of Total Assets | 42.9% |
| Annual Growth Rate | 35.14% |
| 5-Year Change | 13.24% |
| 10-Year Change | N/A |
| Growth Volatility | 299.96 |
Patria Investments Ltd - Net Assets Trend (2018–2025)
This chart illustrates how Patria Investments Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Patria Investments Ltd (2018–2025)
The table below shows the annual net assets of Patria Investments Ltd from 2018 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $639.00 Million | +30.16% |
| 2024-12-31 | $490.93 Million | -5.83% |
| 2023-12-31 | $521.34 Million | +1.54% |
| 2022-12-31 | $513.46 Million | -9.01% |
| 2021-12-31 | $564.28 Million | +855.23% |
| 2020-12-31 | $59.07 Million | -33.44% |
| 2019-12-31 | $88.75 Million | +14.33% |
| 2018-12-31 | $77.62 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Patria Investments Ltd'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 Comprehensive Income | $28.80 Million | 4.66% |
| Other Components | $589.40 Million | 95.34% |
| Total Equity | $618.20 Million | 100.00% |
Patria Investments Ltd Competitors by Market Cap
The table below lists competitors of Patria Investments Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Laobaixing Pharmacy
SHG:603883
|
$739.96 Million |
|
Cellcom Israel Ltd
PINK:CELJF
|
$740.08 Million |
|
Abcellera Biologics Inc
NASDAQ:ABCL
|
$740.10 Million |
|
Jiangsu Shuangxing Color Plastic New Materials Co Ltd
SHE:002585
|
$740.21 Million |
|
TSEC Corp
TW:6443
|
$739.29 Million |
|
Ta Liang Technology Co Ltd
TW:3167
|
$739.26 Million |
|
Sunway Construction Group Bhd
KLSE:5263
|
$739.13 Million |
|
Esquire Financial Holdings Inc
NASDAQ:ESQ
|
$738.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Patria Investments Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 481,078,000 to 618,200,000, a change of 137,122,000 (28.5%).
- Net income of 85,600,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 74,976,000.
- Other factors decreased equity by 23,454,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $85.60 Million | +13.85% |
| Other Comprehensive Income | $74.98 Million | +12.13% |
| Other Changes | $-23.45 Million | -3.79% |
| Total Change | $- | 28.50% |
Book Value vs Market Value Analysis
This analysis compares Patria Investments Ltd'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: 2.91x
- 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 18.61x to 2.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.61 | $11.39 | x |
| 2019-12-31 | $0.61 | $11.39 | x |
| 2020-12-31 | $0.43 | $11.39 | x |
| 2021-12-31 | $4.15 | $11.39 | x |
| 2022-12-31 | $3.75 | $11.39 | x |
| 2023-12-31 | $3.65 | $11.39 | x |
| 2024-12-31 | $3.13 | $11.39 | x |
| 2025-12-31 | $3.91 | $11.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Patria Investments Ltd 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): 13.85%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.30%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 2.41x
- Recent ROE (13.85%) is below the historical average (41.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 60.98% | 41.33% | 0.86x | 1.72x | $36.51 Million |
| 2019 | 72.13% | 47.41% | 1.08x | 1.42x | $50.42 Million |
| 2020 | 108.54% | 54.09% | 1.07x | 1.87x | $56.48 Million |
| 2021 | 21.70% | 52.00% | 0.31x | 1.35x | $66.05 Million |
| 2022 | 16.82% | 35.91% | 0.27x | 1.77x | $37.68 Million |
| 2023 | 21.83% | 36.14% | 0.32x | 1.86x | $64.15 Million |
| 2024 | 14.94% | 19.21% | 0.31x | 2.51x | $23.77 Million |
| 2025 | 13.85% | 22.30% | 0.26x | 2.41x | $23.78 Million |
Industry Comparison
This section compares Patria Investments Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $505,123,774
- Average return on equity (ROE) among peers: -2.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Patria Investments Ltd (PAX) | $639.00 Million | 60.98% | 1.33x | $739.57 Million |
| Aberdeen International Inc (AABVF) | $214.75K | -122.83% | 0.39x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $87.10 Million | 97.59% | 7.07x | $1.38 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.60 Billion | 15.33% | 0.00x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $1.11 Billion | 1.70% | 0.06x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $317.00 Million | -43.61% | 0.05x | $72.80K |
| AGF Management Limited (AGFMF) | $1.02 Billion | 17.11% | 0.33x | $298.43 Million |
| Agronomics Limited (AGNMF) | $157.27 Million | -6.99% | 0.00x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $-40.08K | 0.00% | 0.00x | $2.71 Million |