BR Advisory Partners
BRBI BR Partners S.A., through its subsidiaries, operates as an investment bank that provides investment banking, capital market, treasury sales and structuring, investment, and wealth management services in Brazil. The company offers financial and strategic advisory services for mergers and acquisitions, capital markets and solutions, boards and shareholders, Pre-IPO, and privatizations. It also… Read more
BR Advisory Partners (BRBI11) - Net Assets
Latest net assets as of December 2025: R$783.30 Million BRL
Based on the latest financial reports, BR Advisory Partners (BRBI11) has net assets worth R$783.30 Million BRL as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$17.48 Billion) and total liabilities (R$16.70 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 | R$783.30 Million |
| % of Total Assets | 4.48% |
| Annual Growth Rate | 9.83% |
| 5-Year Change | 2.1% |
| 10-Year Change | 210.24% |
| Growth Volatility | 42.58 |
BR Advisory Partners - Net Assets Trend (2012–2025)
This chart illustrates how BR Advisory Partners's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BR Advisory Partners (2012–2025)
The table below shows the annual net assets of BR Advisory Partners from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$783.30 Million | -2.65% |
| 2024-12-31 | R$804.59 Million | -1.98% |
| 2023-12-31 | R$820.82 Million | +2.06% |
| 2022-12-31 | R$804.22 Million | +4.82% |
| 2021-12-31 | R$767.21 Million | +161.18% |
| 2020-12-31 | R$293.75 Million | -4.41% |
| 2019-12-31 | R$307.31 Million | +9.22% |
| 2018-12-31 | R$281.36 Million | +6.78% |
| 2017-12-31 | R$263.49 Million | +4.36% |
| 2016-12-31 | R$252.48 Million | +4.79% |
| 2015-12-31 | R$240.94 Million | +9.02% |
| 2014-12-31 | R$221.01 Million | +0.09% |
| 2013-12-31 | R$220.82 Million | -4.58% |
| 2012-12-31 | R$231.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BR Advisory Partners'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 544.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$149.03 Million | 19.03% |
| Common Stock | R$674.94 Million | 86.17% |
| Total Equity | R$783.30 Million | 100.00% |
BR Advisory Partners Competitors by Market Cap
The table below lists competitors of BR Advisory Partners ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Skjern Bank A/S
CO:SKJE
|
$324.35 Million |
|
Mia Teknoloji AS
IS:MIATK
|
$324.38 Million |
|
LiaonWellhope Agri-Tech Co Ltd
SHG:603609
|
$324.40 Million |
|
Anhui Higasket Plastics Co.Ltd.
SHG:603150
|
$324.48 Million |
|
WILLIS LEASE FIN. DL-01
F:WIJ
|
$324.24 Million |
|
Zhejiang Youpon Integrated Ceiling Co Ltd
SHE:002718
|
$324.16 Million |
|
Shandong Ruifeng Chemical Co Ltd
SHE:300243
|
$324.08 Million |
|
Cicor Technologies Ltd
SW:CICN
|
$324.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BR Advisory Partners's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 804,590,000 to 783,298,000, a change of -21,292,000 (-2.6%).
- Net income of 175,073,000 contributed positively to equity growth.
- Dividend payments of 195,293,000 reduced retained earnings.
- Other comprehensive income decreased equity by 129,650,000.
- Other factors increased equity by 128,578,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$175.07 Million | +22.35% |
| Dividends Paid | R$195.29 Million | -24.93% |
| Other Comprehensive Income | R$-129.65 Million | -16.55% |
| Other Changes | R$128.58 Million | +16.41% |
| Total Change | R$- | -2.65% |
Book Value vs Market Value Analysis
This analysis compares BR Advisory Partners'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: 7.56x
- 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 8.41x to 7.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | R$2.24 | R$18.81 | x |
| 2013-12-31 | R$2.04 | R$18.81 | x |
| 2014-12-31 | R$2.01 | R$18.81 | x |
| 2015-12-31 | R$2.19 | R$18.81 | x |
| 2016-12-31 | R$2.18 | R$18.81 | x |
| 2017-12-31 | R$2.18 | R$18.81 | x |
| 2018-12-31 | R$1.13 | R$18.81 | x |
| 2019-12-31 | R$1.18 | R$18.81 | x |
| 2020-12-31 | R$1.14 | R$18.81 | x |
| 2021-12-31 | R$7.33 | R$18.81 | x |
| 2022-12-31 | R$7.66 | R$18.81 | x |
| 2023-12-31 | R$7.82 | R$18.81 | x |
| 2024-12-31 | R$7.66 | R$18.81 | x |
| 2025-12-31 | R$2.49 | R$18.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BR Advisory Partners 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): 22.35%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.45%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 22.32x
- Recent ROE (22.35%) is above the historical average (18.07%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 17.29% | 64.94% | 0.24x | 1.13x | R$15.19 Million |
| 2013 | 9.57% | 31.15% | 0.23x | 1.35x | R$-947.40K |
| 2014 | 0.24% | 1.47% | 0.10x | 1.68x | R$-21.58 Million |
| 2015 | 18.48% | 59.99% | 0.14x | 2.15x | R$20.44 Million |
| 2016 | 17.98% | 78.21% | 0.13x | 1.75x | R$20.16 Million |
| 2017 | 14.76% | 51.28% | 0.17x | 1.68x | R$12.54 Million |
| 2018 | 17.82% | 7.60% | 1.27x | 1.85x | R$21.99 Million |
| 2019 | 24.90% | 11.76% | 1.19x | 1.78x | R$45.78 Million |
| 2020 | 30.21% | 6.57% | 1.77x | 2.59x | R$59.36 Million |
| 2021 | 18.07% | 6.39% | 0.71x | 3.97x | R$61.94 Million |
| 2022 | 18.29% | 4.00% | 0.47x | 9.79x | R$66.68 Million |
| 2023 | 18.89% | 2.37% | 0.61x | 13.09x | R$73.00 Million |
| 2024 | 24.07% | 2.61% | 0.49x | 18.71x | R$113.21 Million |
| 2025 | 22.35% | 1.45% | 0.69x | 22.32x | R$96.74 Million |
Industry Comparison
This section compares BR Advisory Partners's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $3,865,215,000
- Average return on equity (ROE) among peers: 21.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BR Advisory Partners (BRBI11) | R$783.30 Million | 17.29% | 21.32x | $324.30 Million |
| Banco BTG Pactual S.A. (BPAC11) | $3.87 Billion | 21.70% | 3.99x | $25.50 Billion |