Alpargatas S.A (ALPA3) - Net Assets
Based on the latest financial reports, Alpargatas S.A (ALPA3) has net assets worth R$3.62 Billion BRL (≈ $710.18 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$6.29 Billion ≈ $1.23 Billion USD) and total liabilities (R$2.67 Billion ≈ $523.47 Million USD). 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. Check Alpargatas S.A PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$3.62 Billion |
| % of Total Assets | 57.57% |
| Annual Growth Rate | 6.63% |
| 5-Year Change | -4.14% |
| 10-Year Change | 60.9% |
| Growth Volatility | 19.46 |
Alpargatas S.A - Net Assets Trend (2003–2025)
This chart illustrates how Alpargatas S.A's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see ALPA3 market cap overview.
Annual Net Assets for Alpargatas S.A (2003–2025)
The table below shows the annual net assets of Alpargatas S.A from 2003 to 2025. Also explore net asset growth rate of Alpargatas S.A to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$3.32 Billion ≈ $652.18 Million |
-17.65% |
| 2024-12-31 | R$4.04 Billion ≈ $792.01 Million |
+8.29% |
| 2023-12-31 | R$3.73 Billion ≈ $731.40 Million |
-35.28% |
| 2022-12-31 | R$5.76 Billion ≈ $1.13 Billion |
+66.12% |
| 2021-12-31 | R$3.47 Billion ≈ $680.33 Million |
+14.86% |
| 2020-12-31 | R$3.02 Billion ≈ $592.29 Million |
+10.38% |
| 2019-12-31 | R$2.73 Billion ≈ $536.58 Million |
+10.72% |
| 2018-12-31 | R$2.47 Billion ≈ $484.63 Million |
+9.07% |
| 2017-12-31 | R$2.26 Billion ≈ $444.31 Million |
+9.62% |
| 2016-12-31 | R$2.07 Billion ≈ $405.34 Million |
+6.97% |
| 2015-12-31 | R$1.93 Billion ≈ $378.94 Million |
-8.08% |
| 2014-12-31 | R$2.10 Billion ≈ $412.24 Million |
+14.52% |
| 2013-12-31 | R$1.83 Billion ≈ $359.95 Million |
+10.45% |
| 2012-12-31 | R$1.66 Billion ≈ $325.90 Million |
+11.48% |
| 2011-12-31 | R$1.49 Billion ≈ $292.34 Million |
+10.52% |
| 2010-12-31 | R$1.35 Billion ≈ $264.52 Million |
+19.30% |
| 2009-12-31 | R$1.13 Billion ≈ $221.72 Million |
+16.35% |
| 2008-12-31 | R$971.19 Million ≈ $190.57 Million |
+10.31% |
| 2007-12-31 | R$880.43 Million ≈ $172.76 Million |
+16.22% |
| 2006-12-31 | R$757.56 Million ≈ $148.65 Million |
+21.85% |
| 2005-12-31 | R$621.73 Million ≈ $121.99 Million |
+12.17% |
| 2004-12-31 | R$554.29 Million ≈ $108.76 Million |
-31.46% |
| 2003-12-31 | R$808.72 Million ≈ $158.69 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Alpargatas 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 25806700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$258.07 Million | 7.76% |
| Common Stock | R$3.06 Billion | 91.97% |
| Other Comprehensive Income | R$8.95 Million | 0.27% |
| Other Components | R$1.00 | 0.00% |
| Total Equity | R$3.32 Billion | 100.00% |
Alpargatas S.A Competitors by Market Cap
The table below lists competitors of Alpargatas S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Beingmate Baby & Child Food Co Ltd
SHE:002570
|
$692.23 Million |
|
Aeon Credit Service Bhd
KLSE:5139
|
$692.27 Million |
|
Tourism Finance Corporation of India Limited
NSE:TFCILTD
|
$692.51 Million |
|
ChongQing Zhengchuan Pharmaceutical Packaging Co Ltd
SHG:603976
|
$692.54 Million |
|
UEM Sunrise Bhd
KLSE:5148
|
$692.16 Million |
|
Tianjin Zhong Xin Pharmaceutical Group Corporation Limited
STU:2TZ
|
$692.11 Million |
|
Qingmu Digital Technology Co.Ltd.
SHE:301110
|
$691.94 Million |
|
CoinShares PLC Ordinary Shares
NASDAQ:CSHR
|
$691.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alpargatas S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,035,592,000 to 3,323,904,000, a change of -711,688,000 (-17.6%).
- Net income of 568,809,000 contributed positively to equity growth.
- Dividend payments of 304,065,000 reduced retained earnings.
- Share repurchases of 838,987,000 reduced equity.
- Other comprehensive income decreased equity by 80,497,000.
- Other factors decreased equity by 56,948,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$568.81 Million | +17.11% |
| Dividends Paid | R$304.06 Million | -9.15% |
| Share Repurchases | R$838.99 Million | -25.24% |
| Other Comprehensive Income | R$-80.50 Million | -2.42% |
| Other Changes | R$-56.95 Million | -1.71% |
| Total Change | R$- | -17.64% |
Book Value vs Market Value Analysis
This analysis compares Alpargatas 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: 2.17x
- 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 13.06x to 2.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | R$0.80 | R$10.39 | x |
| 2004-12-31 | R$0.89 | R$10.39 | x |
| 2005-12-31 | R$1.08 | R$10.39 | x |
| 2006-12-31 | R$1.28 | R$10.39 | x |
| 2007-12-31 | R$1.51 | R$10.39 | x |
| 2008-12-31 | R$2.09 | R$10.39 | x |
| 2009-12-31 | R$1.84 | R$10.39 | x |
| 2010-12-31 | R$2.23 | R$10.39 | x |
| 2011-12-31 | R$2.53 | R$10.39 | x |
| 2012-12-31 | R$2.69 | R$10.39 | x |
| 2013-12-31 | R$3.13 | R$10.39 | x |
| 2014-12-31 | R$3.47 | R$10.39 | x |
| 2015-12-31 | R$3.18 | R$10.39 | x |
| 2016-12-31 | R$3.41 | R$10.39 | x |
| 2017-12-31 | R$3.78 | R$10.39 | x |
| 2018-12-31 | R$5.14 | R$10.39 | x |
| 2019-12-31 | R$4.57 | R$10.39 | x |
| 2020-12-31 | R$5.09 | R$10.39 | x |
| 2021-12-31 | R$5.81 | R$10.39 | x |
| 2022-12-31 | R$8.38 | R$10.39 | x |
| 2023-12-31 | R$5.38 | R$10.39 | x |
| 2024-12-31 | R$5.88 | R$10.39 | x |
| 2025-12-31 | R$4.79 | R$10.39 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alpargatas 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): 17.11%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.46%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.83x
- Recent ROE (17.11%) is above the historical average (11.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 16.27% | 7.65% | 1.13x | 1.89x | R$30.93 Million |
| 2004 | 16.93% | 7.75% | 1.16x | 1.88x | R$38.39 Million |
| 2005 | 25.22% | 12.18% | 1.23x | 1.69x | R$99.73 Million |
| 2006 | 16.71% | 9.32% | 1.28x | 1.40x | R$50.86 Million |
| 2007 | 13.65% | 8.79% | 1.02x | 1.52x | R$32.17 Million |
| 2008 | 1.77% | 1.04% | 0.91x | 1.87x | R$-79.93 Million |
| 2009 | 11.48% | 6.43% | 1.07x | 1.67x | R$15.98 Million |
| 2010 | 23.69% | 13.86% | 1.01x | 1.70x | R$179.40 Million |
| 2011 | 20.80% | 11.94% | 1.07x | 1.63x | R$159.65 Million |
| 2012 | 16.91% | 9.31% | 1.10x | 1.66x | R$114.42 Million |
| 2013 | 16.90% | 9.05% | 1.02x | 1.83x | R$126.57 Million |
| 2014 | 14.02% | 7.92% | 0.97x | 1.83x | R$80.38 Million |
| 2015 | 14.80% | 6.74% | 1.07x | 2.05x | R$88.36 Million |
| 2016 | 18.30% | 8.92% | 1.07x | 1.91x | R$163.96 Million |
| 2017 | 16.57% | 9.73% | 0.97x | 1.76x | R$143.65 Million |
| 2018 | 13.92% | 9.81% | 0.85x | 1.67x | R$93.42 Million |
| 2019 | 10.37% | 8.36% | 0.73x | 1.71x | R$9.81 Million |
| 2020 | 4.75% | 4.46% | 0.65x | 1.63x | R$-154.68 Million |
| 2021 | 20.31% | 17.46% | 0.49x | 2.37x | R$350.04 Million |
| 2022 | 2.11% | 2.90% | 0.49x | 1.48x | R$-454.35 Million |
| 2023 | -50.09% | -49.99% | 0.59x | 1.70x | R$-2.24 Billion |
| 2024 | 2.68% | 2.63% | 0.60x | 1.69x | R$-295.58 Million |
| 2025 | 17.11% | 12.46% | 0.75x | 1.83x | R$236.42 Million |
Industry Comparison
This section compares Alpargatas S.A's net assets metrics with peer companies in the Footwear & Accessories industry.
Industry Context
- Industry: Footwear & Accessories
- Average net assets among peers: $2,004,749,000
- Average return on equity (ROE) among peers: 17.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alpargatas S.A (ALPA3) | R$3.62 Billion | 16.27% | 0.74x | $692.16 Million |
| Grendene S.A (GRND3) | $2.92 Billion | 21.71% | 0.11x | $667.37 Million |
| Vulcabras Azaleia S.A (VULC3) | $1.09 Billion | 13.16% | 0.25x | $824.05 Million |
About Alpargatas S.A
Alpargatas S.A. manufactures and sells footwear and accessories in Brazil and internationally. The company offers its products under the Havaianas, ioasys, and Rothys brands. The company was formerly known as São Paulo Alpargatas S.A. and changed its name to Alpargatas S.A. in 2010. The company was founded in 1907 and is headquartered in São Paulo, Brazil.