CTT - Correios De Portugal S.A
CTT - Correios De Portugal, S.A., together with its subsidiaries, provides postal and financial services worldwide. The company operates through Logistics- Mail & Others, Logistics - Express & Parcels, Bank & Financial Services- Financial Services & Retail, and Bank & Financial Service - Bank segments. It offers courier and urgent mail transport services; postal financial services; contact center… Read more
CTT - Correios De Portugal S.A (CTTOF) - Net Assets
Latest net assets as of September 2025: $311.00 Million USD
Based on the latest financial reports, CTT - Correios De Portugal S.A (CTTOF) has net assets worth $311.00 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.93 Billion) and total liabilities ($5.62 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 | $311.00 Million |
| % of Total Assets | 5.25% |
| Annual Growth Rate | 1.17% |
| 5-Year Change | 105.13% |
| 10-Year Change | 22.41% |
| Growth Volatility | 13.82 |
CTT - Correios De Portugal S.A - Net Assets Trend (2007–2024)
This chart illustrates how CTT - Correios De Portugal 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 CTT - Correios De Portugal S.A (2007–2024)
The table below shows the annual net assets of CTT - Correios De Portugal S.A from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $308.26 Million | +21.72% |
| 2023-12-31 | $253.25 Million | +12.59% |
| 2022-12-31 | $224.93 Million | +28.87% |
| 2021-12-31 | $174.55 Million | +16.15% |
| 2020-12-31 | $150.28 Million | +14.35% |
| 2019-12-31 | $131.41 Million | -10.45% |
| 2018-12-31 | $146.75 Million | -20.24% |
| 2017-12-31 | $183.99 Million | -21.14% |
| 2016-12-31 | $233.33 Million | -7.35% |
| 2015-12-31 | $251.83 Million | +1.05% |
| 2014-12-31 | $249.21 Million | -9.69% |
| 2013-12-31 | $275.93 Million | +0.90% |
| 2012-12-31 | $273.48 Million | +6.27% |
| 2011-12-31 | $257.36 Million | +8.84% |
| 2010-12-31 | $236.46 Million | +6.55% |
| 2009-12-31 | $221.92 Million | -10.65% |
| 2008-12-31 | $248.38 Million | -1.88% |
| 2007-12-31 | $253.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CTT - Correios De Portugal 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 grown by 121.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $163.38 Million | 65.99% |
| Common Stock | $69.22 Million | 27.96% |
| Other Comprehensive Income | $14.65 Million | 5.92% |
| Other Components | $330.26K | 0.13% |
| Total Equity | $247.58 Million | 100.00% |
CTT - Correios De Portugal S.A Competitors by Market Cap
The table below lists competitors of CTT - Correios De Portugal S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Angang Steel Company Limited
PINK:ANGGF
|
$641.51 Million |
|
Nine Dragons Paper (Holdings) Limited
PINK:NDGPF
|
$641.97 Million |
|
Eris Lifesciences Limited
NSE:ERIS
|
$642.00 Million |
|
Genertec Universal Medical Group Company Limited
F:5UM
|
$642.11 Million |
|
Century Iron And Steel Industrial Co Ltd
TW:9958
|
$641.27 Million |
|
Shanghai SK Automation Technology Co. Ltd. A
SHG:688155
|
$641.08 Million |
|
Edifier Technology Co Ltd
SHE:002351
|
$640.66 Million |
|
Collins Foods Limited
PINK:CLLFF
|
$640.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CTT - Correios De Portugal S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 251,628,671 to 247,582,768, a change of -4,045,903 (-1.6%).
- Net income of 45,536,317 contributed positively to equity growth.
- Dividend payments of 24,967,663 reduced retained earnings.
- Share repurchases of 20,717,148 reduced equity.
- New share issuances of 25,000,000 increased equity.
- Other comprehensive income decreased equity by 36,865,996.
- Other factors increased equity by 7,968,587.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $45.54 Million | +18.39% |
| Dividends Paid | $24.97 Million | -10.08% |
| Share Repurchases | $20.72 Million | -8.37% |
| Share Issuances | $25.00 Million | +10.1% |
| Other Comprehensive Income | $-36.87 Million | -14.89% |
| Other Changes | $7.97 Million | +3.22% |
| Total Change | $- | -1.61% |
Book Value vs Market Value Analysis
This analysis compares CTT - Correios De Portugal 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: 4.54x
- 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 decreased from 4.75x to 4.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | $1.74 | $8.25 | x |
| 2008-12-31 | $1.70 | $8.25 | x |
| 2009-12-31 | $1.52 | $8.25 | x |
| 2010-12-31 | $1.62 | $8.25 | x |
| 2011-12-31 | $1.76 | $8.25 | x |
| 2012-12-31 | $1.87 | $8.25 | x |
| 2013-12-31 | $1.89 | $8.25 | x |
| 2014-12-31 | $1.72 | $8.25 | x |
| 2015-12-31 | $1.73 | $8.25 | x |
| 2016-12-31 | $1.61 | $8.25 | x |
| 2017-12-31 | $1.27 | $8.25 | x |
| 2018-12-31 | $1.01 | $8.25 | x |
| 2019-12-31 | $0.87 | $8.25 | x |
| 2020-12-31 | $1.00 | $8.25 | x |
| 2021-12-31 | $1.17 | $8.25 | x |
| 2022-12-31 | $1.54 | $8.25 | x |
| 2023-12-31 | $1.77 | $8.25 | x |
| 2024-12-31 | $1.82 | $8.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CTT - Correios De Portugal 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): 18.39%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.28%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 23.06x
- Recent ROE (18.39%) is below the historical average (21.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 28.83% | 8.80% | 0.57x | 5.79x | $47.51 Million |
| 2008 | 23.50% | 6.88% | 0.65x | 5.27x | $33.41 Million |
| 2009 | 22.92% | 6.28% | 0.71x | 5.13x | $28.53 Million |
| 2010 | 25.09% | 7.56% | 0.71x | 4.68x | $35.47 Million |
| 2011 | 21.61% | 7.45% | 0.70x | 4.14x | $29.69 Million |
| 2012 | 13.14% | 5.11% | 0.66x | 3.91x | $8.55 Million |
| 2013 | 22.24% | 8.84% | 0.63x | 4.01x | $33.58 Million |
| 2014 | 30.93% | 10.97% | 0.60x | 4.73x | $52.22 Million |
| 2015 | 28.64% | 10.22% | 0.63x | 4.45x | $46.90 Million |
| 2016 | 26.63% | 9.28% | 0.51x | 5.64x | $38.82 Million |
| 2017 | 14.83% | 4.01% | 0.42x | 8.75x | $8.88 Million |
| 2018 | 14.67% | 3.10% | 0.39x | 12.07x | $6.84 Million |
| 2019 | 22.26% | 4.07% | 0.29x | 19.16x | $16.08 Million |
| 2020 | 11.12% | 2.32% | 0.25x | 19.31x | $1.67 Million |
| 2021 | 22.07% | 4.72% | 0.23x | 20.61x | $21.01 Million |
| 2022 | 16.28% | 4.22% | 0.21x | 18.15x | $14.05 Million |
| 2023 | 24.05% | 6.41% | 0.20x | 18.90x | $35.35 Million |
| 2024 | 18.39% | 4.28% | 0.19x | 23.06x | $20.78 Million |
Industry Comparison
This section compares CTT - Correios De Portugal S.A's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $368,651,163
- Average return on equity (ROE) among peers: 13.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CTT - Correios De Portugal S.A (CTTOF) | $311.00 Million | 28.83% | 18.05x | $641.47 Million |
| Andlauer Healthcare Group Inc (ANDHF) | $352.12 Million | 25.55% | 0.83x | $469.38 Million |
| Aqua Power Systems Inc (APSI) | $-106.64K | 0.00% | 0.00x | $383.65K |
| A-Sonic Aerospace Limited (ASNCF) | $38.42 Million | 0.28% | 1.15x | $7.03 Million |
| Addentax Group Corp (ATXG) | $86.00K | 65.43% | 97.87x | $2.89 Million |
| bpost SA/NV (BPOSF) | $682.60 Million | 22.59% | 4.53x | $472.00 Million |
| Armlogi Holding Corp. Common Stock (BTOC) | $25.09 Million | -61.17% | 5.78x | $4.28 Million |
| Compañía de Distribución Integral Logista Holdings S.A (CDNIF) | $641.80 Million | 48.03% | 11.59x | $1.70 Billion |
| Cargojet Inc (CGJTF) | $66.60 Million | 3.60% | 5.94x | $791.09 Million |
| CH Robinson Worldwide Inc (CHRW) | $1.88 Billion | 26.94% | 1.74x | $20.09 Billion |
| Tianci International, Inc. Common Stock (CIIT) | $-32.66K | 0.00% | 0.00x | $14.82 Million |