Grupo Carso S.A.B. de C.V
Grupo Carso, S.A.B. de C.V., together with its subsidiaries, operates in the commercial, industrial, infrastructure and construction, and energy sectors. It operates through Commercial and Consumer Products, Industrial and Manufacturing, Infrastructure and Construction, and Energy divisions. The Commercial and Consumer Products division operates department stores and boutiques, gift shops, restau… Read more
Grupo Carso S.A.B. de C.V (GPOVF) - Net Assets
Latest net assets as of June 2025: $161.02 Billion USD
Based on the latest financial reports, Grupo Carso S.A.B. de C.V (GPOVF) has net assets worth $161.02 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 ($268.93 Billion) and total liabilities ($107.91 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 | $161.02 Billion |
| % of Total Assets | 59.88% |
| Annual Growth Rate | 6.56% |
| 5-Year Change | 60.01% |
| 10-Year Change | 152.61% |
| Growth Volatility | 15.82 |
Grupo Carso S.A.B. de C.V - Net Assets Trend (2005–2024)
This chart illustrates how Grupo Carso S.A.B. de C.V's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Grupo Carso S.A.B. de C.V (2005–2024)
The table below shows the annual net assets of Grupo Carso S.A.B. de C.V from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $161.15 Billion | +11.79% |
| 2023-12-31 | $144.16 Billion | +6.90% |
| 2022-12-31 | $134.85 Billion | +18.22% |
| 2021-12-31 | $114.07 Billion | +13.26% |
| 2020-12-31 | $100.71 Billion | +6.41% |
| 2019-12-31 | $94.64 Billion | +1.57% |
| 2018-12-31 | $93.18 Billion | +15.13% |
| 2017-12-31 | $80.93 Billion | +13.06% |
| 2016-12-31 | $71.58 Billion | +12.20% |
| 2015-12-31 | $63.79 Billion | +4.26% |
| 2014-12-31 | $61.19 Billion | +8.02% |
| 2013-12-31 | $56.64 Billion | +35.24% |
| 2012-12-31 | $41.88 Billion | -0.92% |
| 2011-12-31 | $42.27 Billion | +9.46% |
| 2010-12-31 | $38.62 Billion | -35.31% |
| 2009-12-31 | $59.70 Billion | +9.94% |
| 2008-12-31 | $54.30 Billion | -16.75% |
| 2007-12-31 | $65.23 Billion | +39.88% |
| 2006-12-31 | $46.63 Billion | -3.26% |
| 2005-12-31 | $48.20 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Grupo Carso S.A.B. de C.V'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 78.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $127.41 Billion | 90.10% |
| Common Stock | $2.53 Billion | 1.79% |
| Other Comprehensive Income | $11.14 Billion | 7.87% |
| Other Components | $340.15 Million | 0.24% |
| Total Equity | $141.42 Billion | 100.00% |
Grupo Carso S.A.B. de C.V Competitors by Market Cap
The table below lists competitors of Grupo Carso S.A.B. de C.V ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dun & Bradstreet Holdings Inc.
NYSE:DNB
|
$2.89 Billion |
|
Jiangsu Wujiang China Eastern Silk Market Co Ltd
SHE:000301
|
$2.89 Billion |
|
Azimut Holding S.p.A
PINK:AZIHF
|
$2.89 Billion |
|
Red Rock Resorts Inc
NASDAQ:RRR
|
$2.89 Billion |
|
PVH Corp
NYSE:PVH
|
$2.88 Billion |
|
Tongcheng Travel Holdings Limited
PINK:TNGCF
|
$2.88 Billion |
|
LCI Industries
NYSE:LCII
|
$2.88 Billion |
|
GMR Airports Limited
NSE:GMRAIRPORT
|
$2.88 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grupo Carso S.A.B. de C.V's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 128,456,544,000 to 141,415,004,000, a change of 12,958,460,000 (10.1%).
- Net income of 14,969,798,000 contributed positively to equity growth.
- Dividend payments of 3,998,341,000 reduced retained earnings.
- Share repurchases of 236,043,000 reduced equity.
- Other comprehensive income increased equity by 2,987,135,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $14.97 Billion | +10.59% |
| Dividends Paid | $4.00 Billion | -2.83% |
| Share Repurchases | $236.04 Million | -0.17% |
| Other Comprehensive Income | $2.99 Billion | +2.11% |
| Other Changes | $-764.09 Million | -0.54% |
| Total Change | $- | 10.09% |
Book Value vs Market Value Analysis
This analysis compares Grupo Carso S.A.B. de C.V'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: 0.08x
- 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 0.32x to 0.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $16.31 | $5.29 | x |
| 2006-12-31 | $16.53 | $5.29 | x |
| 2007-12-31 | $24.49 | $5.29 | x |
| 2008-12-31 | $19.70 | $5.29 | x |
| 2009-12-31 | $21.84 | $5.29 | x |
| 2010-12-31 | $13.66 | $5.29 | x |
| 2011-12-31 | $15.21 | $5.29 | x |
| 2012-12-31 | $16.91 | $5.29 | x |
| 2013-12-31 | $21.36 | $5.29 | x |
| 2014-12-31 | $23.10 | $5.29 | x |
| 2015-12-31 | $24.16 | $5.29 | x |
| 2016-12-31 | $27.98 | $5.29 | x |
| 2017-12-31 | $32.04 | $5.29 | x |
| 2018-12-31 | $37.11 | $5.29 | x |
| 2019-12-31 | $37.84 | $5.29 | x |
| 2020-12-31 | $40.59 | $5.29 | x |
| 2021-12-31 | $46.31 | $5.29 | x |
| 2022-12-31 | $53.69 | $5.29 | x |
| 2023-12-31 | $57.02 | $5.29 | x |
| 2024-12-31 | $62.73 | $5.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grupo Carso S.A.B. de C.V 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): 10.59%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.37%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 1.99x
- Recent ROE (10.59%) is below the historical average (15.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 23.04% | 11.02% | 0.94x | 2.23x | $5.07 Billion |
| 2006 | 20.71% | 8.70% | 1.02x | 2.34x | $4.15 Billion |
| 2007 | 34.02% | 25.96% | 0.74x | 1.78x | $13.74 Billion |
| 2008 | 14.28% | 8.71% | 0.82x | 1.99x | $1.96 Billion |
| 2009 | 12.59% | 9.68% | 0.68x | 1.92x | $1.31 Billion |
| 2010 | 22.36% | 11.00% | 0.79x | 2.57x | $3.91 Billion |
| 2011 | 12.36% | 5.84% | 1.02x | 2.07x | $824.56 Million |
| 2012 | 19.73% | 9.08% | 1.10x | 1.99x | $3.77 Billion |
| 2013 | 28.48% | 16.22% | 1.00x | 1.76x | $9.04 Billion |
| 2014 | 10.75% | 6.90% | 0.90x | 1.73x | $396.53 Million |
| 2015 | 11.24% | 7.02% | 0.94x | 1.71x | $684.92 Million |
| 2016 | 15.01% | 10.01% | 0.87x | 1.73x | $3.18 Billion |
| 2017 | 13.79% | 10.71% | 0.79x | 1.64x | $2.76 Billion |
| 2018 | 10.83% | 9.49% | 0.70x | 1.63x | $703.00 Million |
| 2019 | 8.74% | 7.36% | 0.68x | 1.74x | $-1.08 Billion |
| 2020 | 6.18% | 6.03% | 0.56x | 1.84x | $-3.53 Billion |
| 2021 | 10.74% | 9.06% | 0.67x | 1.77x | $780.63 Million |
| 2022 | 15.77% | 10.50% | 0.76x | 1.98x | $6.97 Billion |
| 2023 | 10.52% | 6.81% | 0.79x | 1.95x | $673.73 Million |
| 2024 | 10.59% | 7.37% | 0.72x | 1.99x | $828.30 Million |
Industry Comparison
This section compares Grupo Carso S.A.B. de C.V's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $104,908,722,791
- Average return on equity (ROE) among peers: -580.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grupo Carso S.A.B. de C.V (GPOVF) | $161.02 Billion | 23.04% | 0.67x | $2.89 Billion |
| American Biltrite Inc (ABLT) | $54.10 Million | 22.74% | 0.53x | $786.16K |
| Agro Capital Management Corp (ACMB) | $-7.15 Million | 0.00% | 0.00x | $1.01 Million |
| African Discovery Group Inc (AFDG) | $54.66K | -5848.93% | 8.34x | $87.96 |
| Asahi Kaisei Corp (AHKSY) | $824.45 Billion | 6.51% | 1.18x | $14.57 Billion |
| Ai Holdings Corporation (AIHZF) | $80.51 Billion | 19.48% | 0.17x | $516.06 Million |
| Air T Inc (AIRT) | $21.31 Million | -34.15% | 5.60x | $21.25 Million |
| Alliance Global Group Inc (ALGGY) | $144.01 Billion | 9.65% | 0.89x | $1.28 Billion |
| Alpine 4 Holdings Inc (ALPP) | $-3.86 Million | 0.00% | 0.00x | $13.53K |
| Alaska Power & Telephone Company (APTL) | $48.02 Million | 21.25% | 1.61x | $538.24K |
| Alliance Recovery Corporation (ARVY) | $-1.81 Million | 0.00% | 0.00x | $26.21 |