Consórcio Alfa de Administração S.A
Consórcio Alfa de Administração S.A. provides financing and insurance services in Brazil. The company operates through Insurance and Pension; and Services segments. The company was formerly known as Consórcio Real Brasileiro de Administração S.A. and changed its name to Consórcio Alfa de Administração S.A. in 1999. Consórcio Alfa de Administração S.A. was founded in 1952 and is headquartered in S… Read more
Consórcio Alfa de Administração S.A (BRGE3) - Net Assets
Latest net assets as of December 2023: R$1.88 Billion BRL
Based on the latest financial reports, Consórcio Alfa de Administração S.A (BRGE3) has net assets worth R$1.88 Billion BRL as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$2.99 Billion) and total liabilities (R$1.11 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$1.88 Billion |
| % of Total Assets | 62.97% |
| Annual Growth Rate | 7.22% |
| 5-Year Change | 6.94% |
| 10-Year Change | 39.74% |
| Growth Volatility | 13.01 |
Consórcio Alfa de Administração S.A - Net Assets Trend (2000–2023)
This chart illustrates how Consórcio Alfa de Administração S.A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Consórcio Alfa de Administração S.A (2000–2023)
The table below shows the annual net assets of Consórcio Alfa de Administração S.A from 2000 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | R$1.88 Billion | +3.41% |
| 2022-12-31 | R$1.82 Billion | +2.84% |
| 2021-12-31 | R$1.77 Billion | -2.13% |
| 2020-12-31 | R$1.81 Billion | +2.75% |
| 2019-12-31 | R$1.76 Billion | +4.31% |
| 2018-12-31 | R$1.69 Billion | +5.64% |
| 2017-12-31 | R$1.60 Billion | +3.58% |
| 2016-12-31 | R$1.54 Billion | +3.91% |
| 2015-12-31 | R$1.48 Billion | +10.17% |
| 2014-12-31 | R$1.35 Billion | +5.64% |
| 2013-12-31 | R$1.28 Billion | +15.06% |
| 2012-12-31 | R$1.11 Billion | +7.35% |
| 2011-12-31 | R$1.03 Billion | +10.29% |
| 2010-12-31 | R$935.97 Million | +3.98% |
| 2009-12-31 | R$900.14 Million | +56.24% |
| 2008-12-31 | R$576.12 Million | +10.90% |
| 2007-12-31 | R$519.49 Million | +15.78% |
| 2006-12-31 | R$448.67 Million | -23.82% |
| 2005-12-31 | R$588.98 Million | +6.45% |
| 2004-12-31 | R$553.27 Million | +4.45% |
| 2003-12-31 | R$529.72 Million | +5.63% |
| 2002-12-31 | R$501.49 Million | +20.09% |
| 2001-12-31 | R$417.60 Million | +10.16% |
| 2000-12-31 | R$379.09 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Consórcio Alfa de Administração 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 285.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$787.79 Million | 59.49% |
| Common Stock | R$501.90 Million | 37.90% |
| Other Comprehensive Income | R$34.49 Million | 2.60% |
| Total Equity | R$1.32 Billion | 100.00% |
Consórcio Alfa de Administração S.A Competitors by Market Cap
The table below lists competitors of Consórcio Alfa de Administração S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NanoCarrier Co. Ltd
F:3NQ
|
$58.74 Million |
|
Yuen Chang Stainless Steel Co Ltd
TW:2069
|
$58.74 Million |
|
CO2 Energy Transition Corp. Unit
NASDAQ:NOEMU
|
$58.79 Million |
|
J Resources Asia Pasifik Tbk
JK:PSAB
|
$58.79 Million |
|
Nucleus Software Exports Limited
NSE:NUCLEUS
|
$58.71 Million |
|
UY Scuti Acquisition Corp.
NASDAQ:UYSC
|
$58.70 Million |
|
Cat Loi JSC
VN:CLC
|
$58.69 Million |
|
Starry Sea Acquisition Corp Ordinary Shares
NASDAQ:SSEA
|
$58.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Consórcio Alfa de Administração S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,289,789,000 to 1,324,184,000, a change of 34,395,000 (2.7%).
- Net income of 29,317,000 contributed positively to equity growth.
- Dividend payments of 4,802,000 reduced retained earnings.
- Other comprehensive income decreased equity by 534,053,000.
- Other factors increased equity by 543,933,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$29.32 Million | +2.21% |
| Dividends Paid | R$4.80 Million | -0.36% |
| Other Comprehensive Income | R$-534.05 Million | -40.33% |
| Other Changes | R$543.93 Million | +41.08% |
| Total Change | R$- | 2.67% |
Book Value vs Market Value Analysis
This analysis compares Consórcio Alfa de Administração 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: 0.75x
- 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 3.97x to 0.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | R$3.40 | R$13.50 | x |
| 2007-12-31 | R$3.54 | R$13.50 | x |
| 2008-12-31 | R$3.72 | R$13.50 | x |
| 2009-12-31 | R$8.66 | R$13.50 | x |
| 2010-12-31 | R$9.06 | R$13.50 | x |
| 2011-12-31 | R$9.82 | R$13.50 | x |
| 2012-12-31 | R$11.12 | R$13.50 | x |
| 2013-12-31 | R$11.74 | R$13.50 | x |
| 2014-12-31 | R$12.37 | R$13.50 | x |
| 2015-12-31 | R$13.57 | R$13.50 | x |
| 2016-12-31 | R$14.18 | R$13.50 | x |
| 2017-12-31 | R$14.81 | R$13.50 | x |
| 2018-12-31 | R$15.55 | R$13.50 | x |
| 2019-12-31 | R$16.18 | R$13.50 | x |
| 2020-12-31 | R$16.76 | R$13.50 | x |
| 2021-12-31 | R$16.97 | R$13.50 | x |
| 2022-12-31 | R$17.51 | R$13.50 | x |
| 2023-12-31 | R$17.98 | R$13.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Consórcio Alfa de Administração S.A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.08%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 2.26x
- Recent ROE (2.21%) is below the historical average (8.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 5.29% | 20.40% | 0.07x | 3.59x | R$-13.87 Million |
| 2001 | 7.08% | 23.94% | 0.07x | 4.27x | R$-9.06 Million |
| 2002 | 13.86% | 33.30% | 0.11x | 3.77x | R$13.60 Million |
| 2003 | 6.93% | 16.91% | 0.10x | 4.13x | R$-11.41 Million |
| 2004 | 5.94% | 17.24% | 0.07x | 5.16x | R$-15.76 Million |
| 2005 | 7.26% | 19.34% | 0.07x | 5.61x | R$-11.29 Million |
| 2006 | 16.97% | 346.25% | 0.00x | 10.02x | R$17.45 Million |
| 2007 | 29.71% | 384.73% | 0.00x | 16.08x | R$51.33 Million |
| 2008 | 23.75% | 279.06% | 0.00x | 17.13x | R$37.65 Million |
| 2009 | 7.26% | 301.84% | 0.00x | 8.41x | R$-17.51 Million |
| 2010 | 7.27% | 18.96% | 0.06x | 6.86x | R$-19.05 Million |
| 2011 | 7.49% | 15.34% | 0.07x | 6.99x | R$-18.95 Million |
| 2012 | 7.71% | 10.51% | 0.09x | 7.90x | R$-18.75 Million |
| 2013 | 6.08% | 189.11% | 0.01x | 2.92x | R$-33.94 Million |
| 2014 | 4.51% | 9.09% | 0.16x | 3.14x | R$-50.03 Million |
| 2015 | 6.42% | 12.84% | 0.16x | 3.04x | R$-35.74 Million |
| 2016 | 5.86% | 12.25% | 0.15x | 3.11x | R$-43.25 Million |
| 2017 | 4.69% | 7.09% | 0.23x | 2.88x | R$-57.89 Million |
| 2018 | 4.63% | 8.47% | 0.20x | 2.76x | R$-61.51 Million |
| 2019 | 6.41% | 12.63% | 0.18x | 2.79x | R$-42.81 Million |
| 2020 | 5.17% | 9.75% | 0.22x | 2.46x | R$-59.65 Million |
| 2021 | 1.72% | 3.41% | 0.20x | 2.46x | R$-103.52 Million |
| 2022 | 9.84% | 13.83% | 0.27x | 2.62x | R$-2.09 Million |
| 2023 | 2.21% | 3.08% | 0.32x | 2.26x | R$-103.10 Million |
Industry Comparison
This section compares Consórcio Alfa de Administração S.A's net assets metrics with peer companies in the Financial Conglomerates industry.
Industry Context
- Industry: Financial Conglomerates
- Average net assets among peers: $358,512,000
- Average return on equity (ROE) among peers: 14.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Consórcio Alfa de Administração S.A (BRGE3) | R$1.88 Billion | 5.29% | 0.59x | $58.72 Million |
| Financeira Alfa S.A. - Crédito Financiamento e Investimentos (CRIV3) | $358.51 Million | 14.28% | 3.62x | $57.54 Million |