BRISANET ON NM
Brisanet Serviços de Telecomunicações S.A. provides broadband internet services in Brazil. It offers fiber optic internet, pay TV, music streaming, and fixed and mobile telephony services. The company was founded in 1998 and is based in Pereiro, Brazil. Brisanet Serviços de Telecomunicações S.A. operates as a subsidiary of Brisanet Participações S.A.
BRISANET ON NM (BRST3) - Net Assets
Latest net assets as of September 2025: R$1.59 Billion BRL
Based on the latest financial reports, BRISANET ON NM (BRST3) has net assets worth R$1.59 Billion BRL as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$4.14 Billion) and total liabilities (R$2.55 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$1.59 Billion |
| % of Total Assets | 38.34% |
| Annual Growth Rate | 70.73% |
| 5-Year Change | 1095.57% |
| 10-Year Change | N/A |
| Growth Volatility | 348.93 |
BRISANET ON NM - Net Assets Trend (2018–2024)
This chart illustrates how BRISANET ON NM's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BRISANET ON NM (2018–2024)
The table below shows the annual net assets of BRISANET ON NM from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$1.52 Billion | +0.84% |
| 2023-12-31 | R$1.51 Billion | +9.39% |
| 2022-12-31 | R$1.38 Billion | +2.72% |
| 2021-12-31 | R$1.34 Billion | +955.13% |
| 2020-12-31 | R$127.20 Million | +18.08% |
| 2019-12-31 | R$107.72 Million | +75.59% |
| 2018-12-31 | R$61.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BRISANET ON NM'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 17019800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$170.20 Million | 11.22% |
| Common Stock | R$1.37 Billion | 90.43% |
| Total Equity | R$1.52 Billion | 100.00% |
BRISANET ON NM Competitors by Market Cap
The table below lists competitors of BRISANET ON NM ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Qrf Comm. VA
F:2QR
|
$41.03 Million |
|
Chin Hung Int'
KO:002780
|
$41.03 Million |
|
Cypark Resources Berhad
KLSE:5184
|
$41.04 Million |
|
WINS Co. Ltd
KQ:136540
|
$41.05 Million |
|
Northfield Capital Corporation
V:NFD-A
|
$41.00 Million |
|
OPAL Fuels Inc
NASDAQ:OPAL
|
$40.99 Million |
|
AVE S.A.
AT:AVE
|
$40.99 Million |
|
Kjell Group AB
ST:KJELL
|
$40.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BRISANET ON NM's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,504,507,000 to 1,517,175,000, a change of 12,668,000 (0.8%).
- Net income of 60,790,000 contributed positively to equity growth.
- Dividend payments of 64,532,000 reduced retained earnings.
- Share repurchases of 4,000 reduced equity.
- Other factors increased equity by 16,414,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$60.79 Million | +4.01% |
| Dividends Paid | R$64.53 Million | -4.25% |
| Share Repurchases | R$4.00K | -0.0% |
| Other Changes | R$16.41 Million | +1.08% |
| Total Change | R$- | 0.84% |
Book Value vs Market Value Analysis
This analysis compares BRISANET ON NM'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: 0.85x
- 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 21.67x to 0.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | R$0.14 | R$2.96 | x |
| 2019-12-31 | R$41.76 | R$2.96 | x |
| 2020-12-31 | R$1.92 | R$2.96 | x |
| 2021-12-31 | R$2.99 | R$2.96 | x |
| 2022-12-31 | R$3.09 | R$2.96 | x |
| 2023-12-31 | R$3.38 | R$2.96 | x |
| 2024-12-31 | R$3.46 | R$2.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BRISANET ON NM 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): 4.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.26%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 2.65x
- Recent ROE (4.01%) is below the historical average (18.70%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 41.12% | 11.74% | 0.86x | 4.05x | R$19.09 Million |
| 2019 | 47.41% | 17.43% | 0.63x | 4.30x | R$40.30 Million |
| 2020 | 22.90% | 6.17% | 0.46x | 8.01x | R$16.41 Million |
| 2021 | 0.17% | 0.31% | 0.25x | 2.16x | R$-131.97 Million |
| 2022 | 4.40% | 6.67% | 0.30x | 2.23x | R$-77.16 Million |
| 2023 | 10.88% | 13.33% | 0.38x | 2.12x | R$13.20 Million |
| 2024 | 4.01% | 4.26% | 0.35x | 2.65x | R$-90.93 Million |
Industry Comparison
This section compares BRISANET ON NM's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $984,287,609
- Average return on equity (ROE) among peers: 10.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BRISANET ON NM (BRST3) | R$1.59 Billion | 41.12% | 1.61x | $41.01 Million |
| Atom Empreendimentos e Participações S.A (ATOM3) | $-20.33 Million | 0.00% | 0.00x | $5.10 Million |
| Brisanet Participacoes SA (BRIT3) | $127.20 Million | 22.90% | 7.01x | $46.28 Million |
| Desktop - Sigmanet Comunicação Multimídia S.A. (DESK3) | $1.28 Billion | 7.97% | 1.54x | $71.45 Million |
| DTCOM - Direct to Company S.A (DTCY3) | $3.72 Million | -35.03% | 3.35x | $765.33K |
| Fictor Alimentos S.A. (FICT3) | $5.08 Million | 41.59% | 2.15x | $470.31K |
| Unifique Telecomunicações S.A. (FIQE3) | $33.76 Million | 42.28% | 1.01x | $87.71 Million |
| Livetech da Bahia Industria (LVTC3) | $635.11 Million | -1.87% | 1.13x | $11.09 Million |
| Oi S.A (OIBR3) | $5.83 Billion | 9.64% | 0.29x | $9.03 Million |
| TIM S.A. (TIMS3) | $958.00 Million | 6.25% | 0.57x | $42.98K |