Banco Alfa de Investimento S.A Net Assets
Banco Alfa de Investimento S.A net assets. Based on the latest financial reports, Banco Alfa de Investimento S.A (BRIV3) has net assets worth R$1.71 Billion BRL (≈ $335.83 Million USD) as of December 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$27.67 Billion ≈ $5.43 Billion USD) and total liabilities (R$25.96 Billion ≈ $5.09 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. Also explore Banco Alfa de Investimento S.A annual equity growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$1.71 Billion |
| % of Total Assets | 6.19% |
| Annual Growth Rate | 4.45% |
| 5-Year Change | -40.27% |
| 10-Year Change | 38.05% |
| Growth Volatility | 48.16 |
Net Assets of Banco Alfa de Investimento S.A (2007–2023)
Net assets of Banco Alfa de Investimento S.A from 2007 to 2023. This chart illustrates how Banco Alfa de Investimento S.A's net assets have evolved over time, based on quarterly financial data. See Banco Alfa de Investimento S.A net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Banco Alfa de Investimento S.A (2007–2023)
The table below shows the annual net assets of Banco Alfa de Investimento S.A from 2007 to 2023. For live market cap and overall valuation, see Banco Alfa de Investimento S.A stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | R$1.71 Billion ≈ $335.83 Million |
-1.71% |
| 2022-12-31 | R$1.74 Billion ≈ $341.66 Million |
-84.60% |
| 2021-12-31 | R$11.31 Billion ≈ $2.22 Billion |
+62.30% |
| 2020-12-31 | R$6.97 Billion ≈ $1.37 Billion |
+143.13% |
| 2019-12-31 | R$2.87 Billion ≈ $562.29 Million |
+98.57% |
| 2018-12-31 | R$1.44 Billion ≈ $283.18 Million |
+2.68% |
| 2017-12-31 | R$1.41 Billion ≈ $275.79 Million |
+3.67% |
| 2016-12-31 | R$1.36 Billion ≈ $266.02 Million |
+5.23% |
| 2015-12-31 | R$1.29 Billion ≈ $252.80 Million |
+3.92% |
| 2014-12-31 | R$1.24 Billion ≈ $243.26 Million |
+3.18% |
| 2013-12-31 | R$1.20 Billion ≈ $235.77 Million |
+3.65% |
| 2012-12-31 | R$1.16 Billion ≈ $227.47 Million |
-4.18% |
| 2011-12-31 | R$1.21 Billion ≈ $237.38 Million |
+5.64% |
| 2010-12-31 | R$1.15 Billion ≈ $224.72 Million |
+6.03% |
| 2009-12-31 | R$1.08 Billion ≈ $211.94 Million |
+16.64% |
| 2008-12-31 | R$926.01 Million ≈ $181.70 Million |
+8.57% |
| 2007-12-31 | R$852.90 Million ≈ $167.35 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Banco Alfa de Investimento 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 513900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Banco Alfa de Investimento S.A Net Assets Breakdown (December 2023)
Banco Alfa de Investimento S.A net assets breakdown by equity component as of December 2023.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$5.14 Million | 0.31% |
| Common Stock | R$820.92 Million | 48.96% |
| Other Comprehensive Income | R$851.04 Million | 50.76% |
| Total Equity | R$1.68 Billion | 100.00% |
Banco Alfa de Investimento S.A Competitors by Market Cap
The table below lists competitors of Banco Alfa de Investimento S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Huons Co. Ltd
KQ:243070
|
$134.79 Million |
|
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class B
IS:KRDMB
|
$134.86 Million |
|
Tai-Saw Technology Co Ltd
TWO:3221
|
$134.88 Million |
|
HAPPY BELLY FOOD GRO.INC.
F:W3J
|
$134.93 Million |
|
Chenghe Acquisition III Co. Class A Ordinary Share
NASDAQ:CHEC
|
$134.76 Million |
|
Guardian Capital Group Limited
TO:GCG
|
$134.64 Million |
|
Donegal Group B Inc
NASDAQ:DGICB
|
$134.57 Million |
|
Genesis Land Development Corp.
TO:GDC
|
$134.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Banco Alfa de Investimento S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,696,682,000 to 1,676,627,000, a change of -20,055,000 (-1.2%).
- Net income of 2,931,000 contributed positively to equity growth.
- Dividend payments of 28,149,000 reduced retained earnings.
- Other comprehensive income decreased equity by 49,875,999.
- Other factors increased equity by 55,038,999.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$2.93 Million | +0.17% |
| Dividends Paid | R$28.15 Million | -1.68% |
| Other Comprehensive Income | R$-49.88 Million | -2.97% |
| Other Changes | R$55.04 Million | +3.28% |
| Total Change | R$- | -1.18% |
Book Value vs Market Value Analysis
This analysis compares Banco Alfa de Investimento 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: 0.68x
- 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 1.49x to 0.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | R$8.62 | R$12.86 | x |
| 2008-12-31 | R$9.21 | R$12.86 | x |
| 2009-12-31 | R$10.45 | R$12.86 | x |
| 2010-12-31 | R$11.50 | R$12.86 | x |
| 2011-12-31 | R$12.15 | R$12.86 | x |
| 2012-12-31 | R$12.83 | R$12.86 | x |
| 2013-12-31 | R$13.32 | R$12.86 | x |
| 2014-12-31 | R$13.74 | R$12.86 | x |
| 2015-12-31 | R$14.49 | R$12.86 | x |
| 2016-12-31 | R$15.24 | R$12.86 | x |
| 2017-12-31 | R$15.82 | R$12.86 | x |
| 2018-12-31 | R$16.29 | R$12.86 | x |
| 2019-12-31 | R$16.81 | R$12.86 | x |
| 2020-12-31 | R$17.43 | R$12.86 | x |
| 2021-12-31 | R$17.86 | R$12.86 | x |
| 2022-12-31 | R$19.16 | R$12.86 | x |
| 2023-12-31 | R$18.94 | R$12.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Banco Alfa de Investimento 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): 0.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.56%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 16.50x
- Recent ROE (0.17%) is below the historical average (6.68%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 17.23% | 76.11% | 0.02x | 14.86x | R$56.23 Million |
| 2008 | 12.08% | 57.81% | 0.01x | 14.67x | R$17.27 Million |
| 2009 | 7.83% | 26.08% | 0.03x | 10.93x | R$-21.27 Million |
| 2010 | 6.88% | 34.01% | 0.02x | 9.00x | R$-32.38 Million |
| 2011 | 5.86% | 26.13% | 0.02x | 9.90x | R$-45.39 Million |
| 2012 | 6.94% | 23.95% | 0.02x | 12.11x | R$-35.48 Million |
| 2013 | 7.58% | 26.66% | 0.03x | 11.26x | R$-29.06 Million |
| 2014 | 5.54% | 31.33% | 0.02x | 11.15x | R$-55.24 Million |
| 2015 | 6.26% | 27.43% | 0.02x | 9.56x | R$-48.18 Million |
| 2016 | 6.20% | 26.71% | 0.03x | 9.07x | R$-51.53 Million |
| 2017 | 5.52% | 29.27% | 0.02x | 8.98x | R$-62.99 Million |
| 2018 | 4.20% | 25.11% | 0.02x | 9.23x | R$-83.68 Million |
| 2019 | 4.81% | 27.09% | 0.02x | 8.08x | R$-77.27 Million |
| 2020 | 4.78% | 25.17% | 0.02x | 10.75x | R$-80.59 Million |
| 2021 | 4.67% | 20.37% | 0.01x | 15.49x | R$-84.21 Million |
| 2022 | 7.04% | 19.57% | 0.02x | 15.77x | R$-50.15 Million |
| 2023 | 0.17% | 0.56% | 0.02x | 16.50x | R$-164.73 Million |
Industry Comparison
This section compares Banco Alfa de Investimento S.A's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $50,641,990,556
- Average return on equity (ROE) among peers: 15.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Banco Alfa de Investimento S.A (BRIV3) | R$1.71 Billion | 17.23% | 15.17x | $134.78 Million |
| Banco da Amazônia S.A (BAZA3) | $2.42 Billion | 10.99% | 7.61x | $699.91 Million |
| Banco do Brasil S.A. (BBAS3) | $80.61 Billion | 13.95% | 15.01x | $18.13 Billion |
| Banco Bradesco S.A. (BBDC3) | $168.94 Billion | 10.21% | 11.25x | $12.92 Billion |
| Banestes S.A - Banco do Estado do Espírito Santo (BEES3) | $567.37 Million | 28.43% | 14.02x | $454.73 Million |
| Banco Mercantil do Brasil S.A (BMEB3) | $1.32 Billion | 15.20% | 10.25x | $788.35 Million |
| Banco do Nordeste do Brasil S.A (BNBR3) | $2.33 Billion | 13.51% | 10.35x | $2.13 Billion |
| Banco do Estado do Rio Grande do Sul S.A (BRSR3) | $11.47 Billion | 14.95% | 13.29x | $671.16 Million |
| Itaú Unibanco Holding S.A. (ITUB3) | $82.03 Billion | 17.17% | 6.30x | $47.21 Billion |
| Banco Santander (Brasil) S.A. (SANB11) | $106.09 Billion | 12.65% | 7.80x | $17.94 Billion |
About Banco Alfa de Investimento S.A
Banco Alfa de Investimento S.A. provides private banking, wealth management, and advisory services in Brazil. It offers financial services, including personal credit and overdraft facilities, vehicle financing, aircraft financing, leasing, working capital, capital market, and payroll loan services, as well as FINAME, FINEM, BNDES automatic, and EXIM services, and financing facilities for importin… Read more