JBS SA
JBS S.A., together with its subsidiaries, engages in the processing of animal protein worldwide. The company trades in beef, pork, chicken, poultry, fish, and lamb products; cooked frozen meat; plant based products; and other food products. It also sells leather, leather, hygiene and cleaning products, collagen, metal packaging, biodiesel, and others, as well as wet blue leather, semi-finished, a… Read more
JBS SA (JBSAY) - Net Assets
Latest net assets as of June 2025: $50.39 Billion USD
Based on the latest financial reports, JBS SA (JBSAY) has net assets worth $50.39 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($228.12 Billion) and total liabilities ($177.73 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 | $50.39 Billion |
| % of Total Assets | 22.09% |
| Annual Growth Rate | -9.06% |
| 5-Year Change | -81.32% |
| 10-Year Change | 13.45% |
| Growth Volatility | 81.15 |
JBS SA - Net Assets Trend (2013–2024)
This chart illustrates how JBS 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 JBS SA (2013–2024)
The table below shows the annual net assets of JBS SA from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $8.13 Billion | -16.21% |
| 2023-12-31 | $9.71 Billion | -80.51% |
| 2022-12-31 | $49.81 Billion | +4.21% |
| 2021-12-31 | $47.80 Billion | +9.77% |
| 2020-12-31 | $43.54 Billion | +34.06% |
| 2019-12-31 | $32.48 Billion | +16.23% |
| 2018-12-31 | $27.95 Billion | +6.91% |
| 2017-12-31 | $26.14 Billion | +4.92% |
| 2016-12-31 | $24.91 Billion | +247.48% |
| 2015-12-31 | $7.17 Billion | -72.20% |
| 2014-12-31 | $25.79 Billion | +11.48% |
| 2013-12-31 | $23.13 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to JBS 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 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 | $7.09 Billion | 100.00% |
| Total Equity | $7.09 Billion | 100.00% |
JBS SA Competitors by Market Cap
The table below lists competitors of JBS SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Parkland Corporation
PINK:PKIUF
|
$3.10 Billion |
|
Willscot Mobile Mini Holdings Corp A
NASDAQ:WSC
|
$3.10 Billion |
|
Avient Corp
NYSE:AVNT
|
$3.10 Billion |
|
Advance Auto Parts Inc
NYSE:AAP
|
$3.10 Billion |
|
Seek Ltd
AU:SEK
|
$3.09 Billion |
|
Kinaxis Inc
PINK:KXSCF
|
$3.09 Billion |
|
Oracle Corporation Japan
PINK:OCLCF
|
$3.09 Billion |
|
TransAlta Corp
NYSE:TAC
|
$3.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in JBS SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,025,044,000 to 7,094,465,000, a change of -1,930,579,000 (-21.4%).
- Net income of 10,920,846,783 contributed positively to equity growth.
- Dividend payments of 4,693,163,551 reduced retained earnings.
- Share repurchases of 47,061,373 reduced equity.
- Other factors decreased equity by 8,111,200,860.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $10.92 Billion | +153.93% |
| Dividends Paid | $4.69 Billion | -66.15% |
| Share Repurchases | $47.06 Million | -0.66% |
| Other Changes | $-8.11 Billion | -114.33% |
| Total Change | $- | -21.39% |
Book Value vs Market Value Analysis
This analysis compares JBS 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: 4.39x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $14.05 | x |
| 2016-12-31 | $0.00 | $14.05 | x |
| 2017-12-31 | $8.56 | $14.05 | x |
| 2018-12-31 | $9.63 | $14.05 | x |
| 2019-12-31 | $11.12 | $14.05 | x |
| 2020-12-31 | $15.37 | $14.05 | x |
| 2021-12-31 | $19.23 | $14.05 | x |
| 2022-12-31 | $20.89 | $14.05 | x |
| 2023-12-31 | $4.07 | $14.05 | x |
| 2024-12-31 | $3.20 | $14.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently JBS 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): 153.93%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.29%
- • Asset Turnover: 11.73x
- • Equity Multiplier: 5.73x
- Recent ROE (153.93%) is above the historical average (24.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 4.22% | 1.00% | 1.35x | 3.13x | $-1.27 Billion |
| 2014 | 8.53% | 1.69% | 1.47x | 3.44x | $-353.49 Million |
| 2015 | 19.16% | 3.15% | 1.33x | 4.58x | $619.58 Million |
| 2016 | 1.58% | 0.22% | 1.66x | 4.33x | $-2.00 Billion |
| 2017 | 2.20% | 0.33% | 1.50x | 4.48x | $-1.89 Billion |
| 2018 | 0.10% | 0.01% | 1.59x | 4.45x | $-2.54 Billion |
| 2019 | 20.48% | 2.97% | 1.62x | 4.26x | $3.10 Billion |
| 2020 | 11.46% | 1.70% | 1.65x | 4.08x | $586.38 Million |
| 2021 | 46.43% | 5.84% | 1.69x | 4.69x | $16.07 Billion |
| 2022 | 34.20% | 4.13% | 1.85x | 4.49x | $11.22 Billion |
| 2023 | -10.69% | -0.27% | 8.31x | 4.72x | $-1.87 Billion |
| 2024 | 153.93% | 2.29% | 11.73x | 5.73x | $10.21 Billion |
Industry Comparison
This section compares JBS SA's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $5,681,533,529
- Average return on equity (ROE) among peers: 0.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| JBS SA (JBSAY) | $50.39 Billion | 4.22% | 3.53x | $3.10 Billion |
| Above Food Ingredients Inc. Common Stock (ABVE) | $30.90K | -3.31% | 7.66x | $18.76 Million |
| The a2 Milk Company Limited (ACOPF) | $7.27 Million | -30.19% | 0.14x | $3.91 Billion |
| Ayujoy Herbals Ltd (AJOY) | $22.20 Million | 29.29% | 0.00x | $95.71 |
| Alfa S.A.B. de C.V (ALFFF) | $53.35 Billion | 7.36% | 3.80x | $2.16 Billion |
| Amincor Inc (AMNCB) | $34.44 Million | -63.76% | 0.81x | $2.24K |
| Armanino Foods New (AMNF) | $21.40 Million | 30.30% | 0.33x | $72.33K |
| Amira Nature Foods Ltd (ANFIF) | $303.22 Million | 8.27% | 0.89x | $128.79 |
| AAK AB (publ.) (ARHUF) | $2.44 Billion | 12.85% | 2.63x | $5.07 Billion |
| Artisan Consumer Goods Inc (ARRT) | $-326.75K | 0.00% | 0.00x | $279.39K |
| ARYZTA AG (ARZTF) | $632.10 Million | 9.58% | 2.04x | $53.13 Million |