TTVSY
TOTVS S.A. develops and sells management software, and productivity and collaboration platforms in Brazil and internationally. It offers an ERP platform, which integrates software management, social networks, real-time reporting, and other applications; business intelligence solutions; Fluig platform; and HR solutions, such as recruitment and selection, positions and salaries, electronic point, m… Read more
TTVSY (TTVSY) - Net Assets
Latest net assets as of December 2025: $5.44 Billion USD
Based on the latest financial reports, TTVSY (TTVSY) has net assets worth $5.44 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.45 Billion) and total liabilities ($4.01 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 | $5.44 Billion |
| % of Total Assets | 57.59% |
| Annual Growth Rate | 15.89% |
| 5-Year Change | 21.34% |
| 10-Year Change | N/A |
| Growth Volatility | 27.16 |
TTVSY - Net Assets Trend (2020–2025)
This chart illustrates how TTVSY's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TTVSY (2020–2025)
The table below shows the annual net assets of TTVSY from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $5.44 Billion | +9.15% |
| 2024-12-31 | $4.99 Billion | -0.51% |
| 2023-12-31 | $5.01 Billion | +9.33% |
| 2022-12-31 | $4.58 Billion | +2.20% |
| 2021-12-31 | $4.49 Billion | +72.26% |
| 2020-12-31 | $2.60 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to TTVSY'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $5.11 Billion | 100.00% |
| Total Equity | $5.11 Billion | 100.00% |
TTVSY Competitors by Market Cap
The table below lists competitors of TTVSY ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nordnet AB
ST:SAVE
|
$4.15 Billion |
|
AAR Corp
NYSE:AIR
|
$4.16 Billion |
|
37 Interactive Entertainment Network Technology Group Co Ltd
SHE:002555
|
$4.16 Billion |
|
Sailun Jinyu Group Co Ltd
SHG:601058
|
$4.16 Billion |
|
Broadex Technologies Co Ltd
SHE:300548
|
$4.15 Billion |
|
Hua Hong Semiconductor Limited
PINK:HHUSF
|
$4.15 Billion |
|
PriceSmart Inc
NASDAQ:PSMT
|
$4.15 Billion |
|
Mobile World Investment Corp
VN:MWG
|
$4.15 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TTVSY's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,681,352,000 to 5,105,280,000, a change of 423,928,000 (9.1%).
- Net income of 891,741,000 contributed positively to equity growth.
- Dividend payments of 357,783,000 reduced retained earnings.
- Other factors decreased equity by 110,030,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $891.74 Million | +17.47% |
| Dividends Paid | $357.78 Million | -7.01% |
| Other Changes | $-110.03 Million | -2.16% |
| Total Change | $- | 9.06% |
Book Value vs Market Value Analysis
This analysis compares TTVSY'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: 1.36x
- 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 2.58x to 1.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $4.58 | $11.82 | x |
| 2021-12-31 | $6.96 | $11.82 | x |
| 2022-12-31 | $7.11 | $11.82 | x |
| 2023-12-31 | $7.82 | $11.82 | x |
| 2024-12-31 | $7.99 | $11.82 | x |
| 2025-12-31 | $8.69 | $11.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TTVSY 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): 17.47%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.45%
- • Asset Turnover: 0.61x
- • Equity Multiplier: 1.85x
- Recent ROE (17.47%) is above the historical average (13.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 11.33% | 11.36% | 0.50x | 1.98x | $34.54 Million |
| 2021 | 8.71% | 12.38% | 0.30x | 2.35x | $-54.80 Million |
| 2022 | 11.56% | 13.13% | 0.36x | 2.46x | $67.27 Million |
| 2023 | 15.57% | 16.55% | 0.50x | 1.87x | $262.76 Million |
| 2024 | 15.33% | 14.60% | 0.58x | 1.82x | $249.38 Million |
| 2025 | 17.47% | 15.45% | 0.61x | 1.85x | $381.21 Million |
Industry Comparison
This section compares TTVSY's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TTVSY (TTVSY) | $5.44 Billion | 11.33% | 0.74x | $4.15 Billion |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |