Minerva S.A (BEEF3) - Net Assets
Based on the latest financial reports, Minerva S.A (BEEF3) has net assets worth R$2.18 Billion BRL (≈ $428.21 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$46.74 Billion ≈ $9.17 Billion USD) and total liabilities (R$44.55 Billion ≈ $8.74 Billion 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 Minerva 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$2.18 Billion |
| % of Total Assets | 4.67% |
| Annual Growth Rate | N/A |
| 5-Year Change | 189.43% |
| 10-Year Change | 262.64% |
| Growth Volatility | 517.11 |
Minerva S.A - Net Assets Trend (2004–2025)
This chart illustrates how Minerva S.A's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Minerva S.A stock valuation.
Annual Net Assets for Minerva S.A (2004–2025)
The table below shows the annual net assets of Minerva S.A from 2004 to 2025. Also explore Minerva S.A (BEEF3) equity growth momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$1.89 Billion ≈ $371.48 Million |
+2070.70% |
| 2024-12-31 | R$87.22 Million ≈ $17.11 Million |
-86.78% |
| 2023-12-31 | R$659.55 Million ≈ $129.42 Million |
-37.92% |
| 2022-12-31 | R$1.06 Billion ≈ $208.48 Million |
+62.43% |
| 2021-12-31 | R$654.13 Million ≈ $128.35 Million |
-22.13% |
| 2020-12-31 | R$840.07 Million ≈ $164.84 Million |
+398.26% |
| 2019-12-31 | R$-281.66 Million ≈ $-55.27 Million |
+6.46% |
| 2018-12-31 | R$-301.11 Million ≈ $-59.08 Million |
-523.64% |
| 2017-12-31 | R$71.08 Million ≈ $13.95 Million |
-86.39% |
| 2016-12-31 | R$522.07 Million ≈ $102.44 Million |
+236.40% |
| 2015-12-31 | R$-382.75 Million ≈ $-75.10 Million |
-179.65% |
| 2014-12-31 | R$480.55 Million ≈ $94.29 Million |
+8.32% |
| 2013-12-31 | R$443.63 Million ≈ $87.05 Million |
-41.19% |
| 2012-12-31 | R$754.31 Million ≈ $148.01 Million |
+23.12% |
| 2011-12-31 | R$612.67 Million ≈ $120.22 Million |
+13.40% |
| 2010-12-31 | R$540.27 Million ≈ $106.01 Million |
+2.80% |
| 2009-12-31 | R$525.53 Million ≈ $103.12 Million |
+84.36% |
| 2008-12-31 | R$285.06 Million ≈ $55.93 Million |
-46.23% |
| 2007-12-31 | R$530.11 Million ≈ $104.02 Million |
+182.00% |
| 2006-12-31 | R$187.98 Million ≈ $36.89 Million |
+204.28% |
| 2005-12-31 | R$61.78 Million ≈ $12.12 Million |
+20093.53% |
| 2004-12-31 | R$-309.00K ≈ $-60.63K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Minerva 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 67455600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$619.16 Million | 47.26% |
| Common Stock | R$3.06 Billion | 233.28% |
| Other Comprehensive Income | R$-2.21 Billion | -168.57% |
| Total Equity | R$1.31 Billion | 100.00% |
Minerva S.A Competitors by Market Cap
The table below lists competitors of Minerva S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Southern Missouri Bancorp Inc
NASDAQ:SMBC
|
$795.66 Million |
|
Zhejiang Int'L Group Co Ltd
SHE:000411
|
$795.77 Million |
|
Cita Mineral Investindo Tbk PT
JK:CITA
|
$795.97 Million |
|
Scholastic Corporation
NASDAQ:SCHL
|
$796.25 Million |
|
Independent Bank Corporation
NASDAQ:IBCP
|
$795.40 Million |
|
Newonder Special Electric Co.Ltd
SHE:301120
|
$795.19 Million |
|
Carlyle Secured Lending Inc
NASDAQ:CGBD
|
$795.12 Million |
|
Guanghui Logistics Co Ltd
SHG:600603
|
$795.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Minerva S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -478,639,000 to 1,310,215,000, a change of 1,788,854,000.
- Net income of 810,488,000 contributed positively to equity growth.
- Dividend payments of 162,122,000 reduced retained earnings.
- Share repurchases of 21,374,000 reduced equity.
- Other comprehensive income decreased equity by 867,886,000.
- Other factors increased equity by 2,029,748,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$810.49 Million | +61.86% |
| Dividends Paid | R$162.12 Million | -12.37% |
| Share Repurchases | R$21.37 Million | -1.63% |
| Other Comprehensive Income | R$-867.89 Million | -66.24% |
| Other Changes | R$2.03 Billion | +154.92% |
| Total Change | R$- | % |
Book Value vs Market Value Analysis
This analysis compares Minerva 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: 3.66x
- 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 |
|---|---|---|---|
| 2004-12-31 | R$0.00 | R$4.09 | x |
| 2005-12-31 | R$0.81 | R$4.09 | x |
| 2006-12-31 | R$2.46 | R$4.09 | x |
| 2007-12-31 | R$6.95 | R$4.09 | x |
| 2008-12-31 | R$3.74 | R$4.09 | x |
| 2009-12-31 | R$5.01 | R$4.09 | x |
| 2010-12-31 | R$4.80 | R$4.09 | x |
| 2011-12-31 | R$5.12 | R$4.09 | x |
| 2012-12-31 | R$5.26 | R$4.09 | x |
| 2013-12-31 | R$2.75 | R$4.09 | x |
| 2014-12-31 | R$2.52 | R$4.09 | x |
| 2015-12-31 | R$-1.97 | R$4.09 | x |
| 2016-12-31 | R$2.17 | R$4.09 | x |
| 2017-12-31 | R$0.32 | R$4.09 | x |
| 2018-12-31 | R$-0.79 | R$4.09 | x |
| 2019-12-31 | R$-0.70 | R$4.09 | x |
| 2020-12-31 | R$1.60 | R$4.09 | x |
| 2021-12-31 | R$1.12 | R$4.09 | x |
| 2022-12-31 | R$0.87 | R$4.09 | x |
| 2023-12-31 | R$0.30 | R$4.09 | x |
| 2024-12-31 | R$-0.81 | R$4.09 | x |
| 2025-12-31 | R$1.12 | R$4.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Minerva 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): 61.86%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.48%
- • Asset Turnover: 1.20x
- • Equity Multiplier: 35.01x
- Recent ROE (61.86%) is above the historical average (2.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 0.00% | 0.66% | 1.90x | 0.00x | R$5.43 Million |
| 2005 | 23.06% | 1.52% | 1.66x | 9.18x | R$8.07 Million |
| 2006 | 28.52% | 4.50% | 1.32x | 4.79x | R$34.81 Million |
| 2007 | 6.55% | 2.38% | 1.08x | 2.56x | R$-18.26 Million |
| 2008 | -86.00% | -11.55% | 1.07x | 6.99x | R$-273.33 Million |
| 2009 | 13.89% | 2.80% | 1.25x | 3.97x | R$20.41 Million |
| 2010 | 4.52% | 0.67% | 1.30x | 5.19x | R$-27.75 Million |
| 2011 | 8.46% | 1.14% | 1.14x | 6.53x | R$-8.23 Million |
| 2012 | -25.81% | -4.43% | 1.00x | 5.81x | R$-269.28 Million |
| 2013 | -70.89% | -5.75% | 1.10x | 11.24x | R$-358.26 Million |
| 2014 | -87.17% | -5.99% | 0.96x | 15.10x | R$-466.21 Million |
| 2015 | 0.00% | -8.41% | 1.15x | 0.00x | R$-762.31 Million |
| 2016 | 37.43% | 2.02% | 1.09x | 17.07x | R$142.81 Million |
| 2017 | -395.38% | -2.32% | 1.02x | 167.50x | R$-288.13 Million |
| 2018 | 0.00% | -7.80% | 1.26x | 0.00x | R$-1.23 Billion |
| 2019 | 0.00% | 0.09% | 1.29x | 0.00x | R$44.32 Million |
| 2020 | 82.98% | 3.59% | 1.15x | 20.15x | R$613.08 Million |
| 2021 | 91.55% | 2.22% | 1.34x | 30.68x | R$533.47 Million |
| 2022 | 128.75% | 2.11% | 1.45x | 42.22x | R$601.85 Million |
| 2023 | 241.46% | 1.57% | 0.94x | 163.98x | R$403.62 Million |
| 2024 | 0.00% | -4.58% | 0.81x | 0.00x | R$-1.51 Billion |
| 2025 | 61.86% | 1.48% | 1.20x | 35.01x | R$679.47 Million |
Industry Comparison
This section compares Minerva S.A's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $11,935,871,167
- Average return on equity (ROE) among peers: 12.07%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Minerva S.A (BEEF3) | R$2.18 Billion | 0.00% | 20.42x | $795.42 Million |
| BRF S.A (BRFS3) | $15.64 Billion | -12.97% | 2.66x | $5.61 Billion |
| Camil Alimentos S.A (CAML3) | $3.00 Billion | 15.93% | 2.07x | $340.64 Million |
| JBS S.A (JBSS3) | $47.80 Billion | 44.44% | 3.34x | $33.48 Billion |
| JOSAPAR Joaquim Oliveira S.A. Participações (JOPA3) | $210.00 Million | 13.17% | 1.77x | $36.71 Million |
| M. Dias Branco S.A. Indústria e Comércio de Alimentos (MDIA3) | $956.69 Million | 8.38% | 0.75x | $1.08 Billion |
| Marfrig Global Foods S.A. (MRFG3) | $4.01 Billion | 3.49% | 4.64x | $5.84 Billion |
About Minerva S.A
Minerva S.A. produces and sells fresh beef, livestock, and by-products in South America and internationally. The company is also involved in slaughtering, deboning, and meat processing; selling chilled, frozen, and processed meat, as well as beef, pork, and poultry products; exporting and selling live cattle; and breeding and selling live cattle, lambs, pigs, and other live animals. In addition, … Read more