TIM Participacoes SA
TIM S.A., a telecommunications company, provides mobile, fixed, long-distance, data transmission, and broadband services in Brazil. The company offers landline switched telephone services in local, national, and international long-distance modes, as well as personal mobile, multimedia communication, and digital content services. It serves individuals and corporates, as well as small, medium, and … Read more
TIM Participacoes SA (TIMB) - Net Assets
Latest net assets as of September 2025: $25.21 Billion USD
Based on the latest financial reports, TIM Participacoes SA (TIMB) has net assets worth $25.21 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($57.37 Billion) and total liabilities ($32.16 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 | $25.21 Billion |
| % of Total Assets | 43.95% |
| Annual Growth Rate | 14.85% |
| 5-Year Change | 491.61% |
| 10-Year Change | 55.94% |
| Growth Volatility | 96.82 |
TIM Participacoes SA - Net Assets Trend (1998–2024)
This chart illustrates how TIM Participacoes SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TIM Participacoes SA (1998–2024)
The table below shows the annual net assets of TIM Participacoes SA from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $26.40 Billion | +1.49% |
| 2023-12-31 | $26.02 Billion | +2.44% |
| 2022-12-31 | $25.40 Billion | +1.16% |
| 2021-12-31 | $25.11 Billion | +462.54% |
| 2020-12-31 | $4.46 Billion | -19.96% |
| 2019-12-31 | $5.58 Billion | -71.83% |
| 2018-12-31 | $19.79 Billion | +9.06% |
| 2017-12-31 | $18.15 Billion | +5.61% |
| 2016-12-31 | $17.19 Billion | +1.50% |
| 2015-12-31 | $16.93 Billion | +10.51% |
| 2014-12-31 | $15.32 Billion | +4.98% |
| 2013-12-31 | $14.59 Billion | +5.51% |
| 2012-12-31 | $13.83 Billion | +6.76% |
| 2011-12-31 | $12.96 Billion | +25.78% |
| 2010-12-31 | $10.30 Billion | +23.77% |
| 2009-12-31 | $8.32 Billion | +6.83% |
| 2008-12-31 | $7.79 Billion | +0.52% |
| 2007-12-31 | $7.75 Billion | -1.49% |
| 2006-12-31 | $7.87 Billion | +186.51% |
| 2005-12-31 | $2.75 Billion | +13.75% |
| 2004-12-31 | $2.41 Billion | +119.46% |
| 2003-12-31 | $1.10 Billion | +9.47% |
| 2002-12-31 | $1.00 Billion | +4.90% |
| 2001-12-31 | $958.00 Million | +4.99% |
| 2000-12-31 | $912.43 Million | +11.98% |
| 1999-12-31 | $814.83 Million | +12.89% |
| 1998-12-31 | $721.78 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TIM Participacoes SA'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 5195.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $12.56 Billion | 47.57% |
| Common Stock | $13.48 Billion | 51.04% |
| Other Comprehensive Income | $370.74 Million | 1.40% |
| Total Equity | $26.40 Billion | 100.00% |
TIM Participacoes SA Competitors by Market Cap
The table below lists competitors of TIM Participacoes SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nova Minerals Limited Warrant
NASDAQ:NVAWW
|
$12.09 Billion |
|
Chongqing Changan Automobile Co Ltd
SHE:000625
|
$12.14 Billion |
|
Sigma Healthcare Limited
OTCGREY:SIGGF
|
$12.16 Billion |
|
Best Buy Co. Inc
NYSE:BBY
|
$12.17 Billion |
|
DraftKings Inc
NASDAQ:DKNG
|
$12.08 Billion |
|
Host Hotels & Resorts Inc
NASDAQ:HST
|
$12.06 Billion |
|
Banco Comercial Portugues
LS:BCP
|
$12.05 Billion |
|
Kyocera Corporation
PINK:KYOCF
|
$12.05 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TIM Participacoes SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 26,015,940,000 to 26,404,636,000, a change of 388,696,000 (1.5%).
- Net income of 3,153,881,000 contributed positively to equity growth.
- Dividend payments of 2,720,095,000 reduced retained earnings.
- Share repurchases of 45,004,000 reduced equity.
- Other comprehensive income decreased equity by 1,390,689,000.
- Other factors increased equity by 1,390,603,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.15 Billion | +11.94% |
| Dividends Paid | $2.72 Billion | -10.3% |
| Share Repurchases | $45.00 Million | -0.17% |
| Other Comprehensive Income | $-1.39 Billion | -5.27% |
| Other Changes | $1.39 Billion | +5.27% |
| Total Change | $- | 1.49% |
Book Value vs Market Value Analysis
This analysis compares TIM Participacoes SA'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: 0.47x
- 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 2.96x to 0.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $8.66 | $25.63 | x |
| 1999-12-31 | $9.77 | $25.63 | x |
| 2000-12-31 | $11.51 | $25.63 | x |
| 2001-12-31 | $11.99 | $25.63 | x |
| 2002-12-31 | $12.32 | $25.63 | x |
| 2003-12-31 | $12.95 | $25.63 | x |
| 2004-12-31 | $14.38 | $25.63 | x |
| 2005-12-31 | $15.61 | $25.63 | x |
| 2006-12-31 | $16.92 | $25.63 | x |
| 2007-12-31 | $16.63 | $25.63 | x |
| 2008-12-31 | $16.62 | $25.63 | x |
| 2009-12-31 | $16.81 | $25.63 | x |
| 2010-12-31 | $20.80 | $25.63 | x |
| 2011-12-31 | $28.60 | $25.63 | x |
| 2012-12-31 | $28.61 | $25.63 | x |
| 2013-12-31 | $30.19 | $25.63 | x |
| 2014-12-31 | $31.67 | $25.63 | x |
| 2015-12-31 | $34.98 | $25.63 | x |
| 2016-12-31 | $35.51 | $25.63 | x |
| 2017-12-31 | $37.49 | $25.63 | x |
| 2018-12-31 | $40.88 | $25.63 | x |
| 2019-12-31 | $11.52 | $25.63 | x |
| 2020-12-31 | $9.22 | $25.63 | x |
| 2021-12-31 | $51.86 | $25.63 | x |
| 2022-12-31 | $52.47 | $25.63 | x |
| 2023-12-31 | $10747.02 | $25.63 | x |
| 2024-12-31 | $54.55 | $25.63 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TIM Participacoes SA 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): 11.94%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.39%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 2.13x
- Recent ROE (11.94%) is below the historical average (12.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 20.92% | 23.62% | 0.52x | 1.69x | $62.50 Million |
| 1999 | 3.29% | 3.03% | 0.53x | 2.05x | $-43.86 Million |
| 2000 | 2.00% | 2.14% | 0.49x | 1.90x | $-61.63 Million |
| 2001 | 7.41% | 7.57% | 0.53x | 1.86x | $-20.94 Million |
| 2002 | 7.78% | 7.38% | 0.54x | 1.95x | $-18.76 Million |
| 2003 | 13.03% | 11.10% | 0.66x | 1.77x | $27.99 Million |
| 2004 | 13.16% | 10.37% | 0.71x | 1.78x | $63.88 Million |
| 2005 | 14.54% | 13.68% | 0.67x | 1.60x | $124.61 Million |
| 2006 | -3.83% | -2.98% | 0.71x | 1.80x | $-1.09 Billion |
| 2007 | 0.98% | 0.61% | 0.86x | 1.88x | $-698.90 Million |
| 2008 | 2.31% | 1.38% | 0.81x | 2.08x | $-598.89 Million |
| 2009 | 2.58% | 1.64% | 0.75x | 2.10x | $-617.38 Million |
| 2010 | 21.47% | 15.30% | 0.75x | 1.88x | $1.18 Billion |
| 2011 | 9.89% | 7.50% | 0.73x | 1.81x | $-14.45 Million |
| 2012 | 10.47% | 7.72% | 0.72x | 1.88x | $65.60 Million |
| 2013 | 10.32% | 7.56% | 0.71x | 1.93x | $46.15 Million |
| 2014 | 10.09% | 7.93% | 0.60x | 2.13x | $14.22 Million |
| 2015 | 12.23% | 12.08% | 0.48x | 2.09x | $377.84 Million |
| 2016 | 4.37% | 4.81% | 0.45x | 2.02x | $-968.32 Million |
| 2017 | 6.80% | 7.60% | 0.50x | 1.80x | $-580.61 Million |
| 2018 | 12.86% | 14.99% | 0.53x | 1.61x | $565.62 Million |
| 2019 | 64.96% | 20.84% | 1.73x | 1.80x | $3.06 Billion |
| 2020 | 40.96% | 10.59% | 2.15x | 1.80x | $1.38 Billion |
| 2021 | 11.78% | 16.38% | 0.36x | 1.98x | $446.46 Million |
| 2022 | 6.58% | 7.76% | 0.38x | 2.22x | $-868.98 Million |
| 2023 | 10.91% | 11.90% | 0.43x | 2.12x | $235.83 Million |
| 2024 | 11.94% | 12.39% | 0.45x | 2.13x | $513.42 Million |
Industry Comparison
This section compares TIM Participacoes SA's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $44,462,353,944
- Average return on equity (ROE) among peers: -3489.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TIM Participacoes SA (TIMB) | $25.21 Billion | 20.92% | 1.28x | $12.09 Billion |
| Airtel Africa Plc (AARTY) | $2.77 Billion | 7.93% | 3.33x | $6.92 Billion |
| Airborne Wireless Network (ABWN) | $106.58K | -34635.01% | 3.96x | $437.69K |
| Access-Power & Co. Inc (ACCR) | $753.00 | -0.13% | 3.17x | $572.84K |
| Array Digital Infrastructure, Inc. (AD) | $3.69 Billion | 0.33% | 0.85x | $745.85 Million |
| Alvarion Ltd (ALVRQ) | $122.09 Million | -80.66% | 0.76x | $0.97 |
| América Móvil, S.A.B. de C.V. (AMXOF) | $437.83 Billion | 17.39% | 2.70x | $12.75 Billion |
| Alpha One Inc (AOAO) | $27.96 Million | -1.08% | 0.50x | $11.15 Million |
| American Nortel Communications Inc (ARTM) | $333.42K | -8.16% | 0.37x | $213.62 |
| Vapor Hub International Inc. (ASHI) | $15.12K | -175.34% | 0.19x | $5.26K |
| Anterix Inc (ATEX) | $180.76 Million | -23.23% | 0.09x | $481.87 Million |