CASAN - Companhia Catarinense de Aguas e Saneamento
Companhia Catarinense de Águas e Saneamento " CASAN engages in the water supply business in Santa Catarina and Parana, Brazil. It is also involved in the collection, removal, and treatment of sanitary sewage. Companhia Catarinense de Águas e Saneamento " CASAN was founded in 1970 and is headquartered in Florianópolis, Brazil.
CASAN - Companhia Catarinense de Aguas e Saneamento (CASN3) - Net Assets
Latest net assets as of September 2025: R$2.58 Billion BRL
Based on the latest financial reports, CASAN - Companhia Catarinense de Aguas e Saneamento (CASN3) has net assets worth R$2.58 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$5.97 Billion) and total liabilities (R$3.39 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$2.58 Billion |
| % of Total Assets | 43.16% |
| Annual Growth Rate | 6.39% |
| 5-Year Change | 70.55% |
| 10-Year Change | 76.6% |
| Growth Volatility | 10.2 |
CASAN - Companhia Catarinense de Aguas e Saneamento - Net Assets Trend (2007–2024)
This chart illustrates how CASAN - Companhia Catarinense de Aguas e Saneamento's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CASAN - Companhia Catarinense de Aguas e Saneamento (2007–2024)
The table below shows the annual net assets of CASAN - Companhia Catarinense de Aguas e Saneamento from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$2.26 Billion | +12.72% |
| 2023-12-31 | R$2.00 Billion | +7.67% |
| 2022-12-31 | R$1.86 Billion | +11.30% |
| 2021-12-31 | R$1.67 Billion | +26.27% |
| 2020-12-31 | R$1.32 Billion | +5.34% |
| 2019-12-31 | R$1.26 Billion | +0.88% |
| 2018-12-31 | R$1.25 Billion | -4.64% |
| 2017-12-31 | R$1.31 Billion | -2.42% |
| 2016-12-31 | R$1.34 Billion | +4.71% |
| 2015-12-31 | R$1.28 Billion | +0.03% |
| 2014-12-31 | R$1.28 Billion | +4.76% |
| 2013-12-31 | R$1.22 Billion | -1.32% |
| 2012-12-31 | R$1.24 Billion | -3.23% |
| 2011-12-31 | R$1.28 Billion | +27.31% |
| 2010-12-31 | R$1.00 Billion | -1.50% |
| 2009-12-31 | R$1.02 Billion | +2.94% |
| 2008-12-31 | R$989.92 Million | +25.62% |
| 2007-12-31 | R$788.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CASAN - Companhia Catarinense de Aguas e Saneamento'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 73657600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$736.58 Million | 32.61% |
| Common Stock | R$1.36 Billion | 60.01% |
| Other Comprehensive Income | R$166.54 Million | 7.37% |
| Total Equity | R$2.26 Billion | 100.00% |
CASAN - Companhia Catarinense de Aguas e Saneamento Competitors by Market Cap
The table below lists competitors of CASAN - Companhia Catarinense de Aguas e Saneamento ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Boss Holdings Inc
PINK:BSHI
|
$145.28K |
|
BASLER (BSL.SG)
STU:BSL
|
$145.39K |
|
Economic Investment Trust Ltd
TO:EVT
|
$145.52K |
|
SFC ENERGY - Dusseldorf Stock Exchang
DU:F3C
|
$145.56K |
|
Axon Partners Group S.A.
MC:APG
|
$145.21K |
|
MainStay CBRE Global Infrastructure Megatrends Fund
NYSE:MEGI
|
$145.19K |
|
CANADIAN SOLAR (L5A.SG)
STU:L5A
|
$145.13K |
|
Jyske Invest Nye Obl.mark. Mix
CO:JYINOM
|
$145.05K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CASAN - Companhia Catarinense de Aguas e Saneamento's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,003,578,000 to 2,258,409,000, a change of 254,831,000 (12.7%).
- Net income of 243,028,000 contributed positively to equity growth.
- Dividend payments of 57,719,000 reduced retained earnings.
- New share issuances of 7,000 increased equity.
- Other comprehensive income decreased equity by 71,436,000.
- Other factors increased equity by 140,951,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$243.03 Million | +10.76% |
| Dividends Paid | R$57.72 Million | -2.56% |
| Share Issuances | R$7.00K | +0.0% |
| Other Comprehensive Income | R$-71.44 Million | -3.16% |
| Other Changes | R$140.95 Million | +6.24% |
| Total Change | R$- | 12.72% |
Book Value vs Market Value Analysis
This analysis compares CASAN - Companhia Catarinense de Aguas e Saneamento'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: 4.34x
- 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 8.66x to 4.34x 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$0.98 | R$8.51 | x |
| 2008-12-31 | R$1.14 | R$8.51 | x |
| 2009-12-31 | R$1.17 | R$8.51 | x |
| 2010-12-31 | R$1.41 | R$8.51 | x |
| 2011-12-31 | R$1.79 | R$8.51 | x |
| 2012-12-31 | R$1.42 | R$8.51 | x |
| 2013-12-31 | R$1.40 | R$8.51 | x |
| 2014-12-31 | R$1.46 | R$8.51 | x |
| 2015-12-31 | R$1.46 | R$8.51 | x |
| 2016-12-31 | R$1.54 | R$8.51 | x |
| 2017-12-31 | R$1.49 | R$8.51 | x |
| 2018-12-31 | R$1.43 | R$8.51 | x |
| 2019-12-31 | R$1.26 | R$8.51 | x |
| 2020-12-31 | R$1.50 | R$8.51 | x |
| 2021-12-31 | R$1.76 | R$8.51 | x |
| 2022-12-31 | R$1.81 | R$8.51 | x |
| 2023-12-31 | R$1.76 | R$8.51 | x |
| 2024-12-31 | R$1.96 | R$8.51 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CASAN - Companhia Catarinense de Aguas e Saneamento utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.76%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.46%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 2.46x
- Recent ROE (10.76%) is above the historical average (3.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 6.91% | 14.35% | 0.27x | 1.76x | R$-24.37 Million |
| 2008 | 1.83% | 4.36% | 0.29x | 1.46x | R$-80.87 Million |
| 2009 | 3.19% | 6.97% | 0.29x | 1.58x | R$-69.39 Million |
| 2010 | -1.14% | -2.35% | 0.28x | 1.72x | R$-111.85 Million |
| 2011 | 0.62% | 1.47% | 0.24x | 1.79x | R$-119.89 Million |
| 2012 | 1.73% | 3.51% | 0.27x | 1.82x | R$-102.25 Million |
| 2013 | 3.41% | 6.30% | 0.28x | 1.91x | R$-80.44 Million |
| 2014 | 5.85% | 10.04% | 0.31x | 1.88x | R$-53.10 Million |
| 2015 | 0.86% | 1.37% | 0.30x | 2.09x | R$-116.95 Million |
| 2016 | 2.12% | 3.09% | 0.32x | 2.16x | R$-105.53 Million |
| 2017 | -2.18% | -2.79% | 0.32x | 2.47x | R$-159.14 Million |
| 2018 | -9.57% | -10.98% | 0.33x | 2.67x | R$-243.83 Million |
| 2019 | 9.52% | 10.65% | 0.32x | 2.83x | R$-6.02 Million |
| 2020 | 8.50% | 9.84% | 0.30x | 2.85x | R$-19.91 Million |
| 2021 | 8.07% | 11.08% | 0.31x | 2.34x | R$-32.25 Million |
| 2022 | 4.94% | 6.52% | 0.32x | 2.33x | R$-94.10 Million |
| 2023 | 2.53% | 3.11% | 0.33x | 2.50x | R$-149.61 Million |
| 2024 | 10.76% | 12.46% | 0.35x | 2.46x | R$17.19 Million |
Industry Comparison
This section compares CASAN - Companhia Catarinense de Aguas e Saneamento's net assets metrics with peer companies in the Utilities - Regulated Water industry.
Industry Context
- Industry: Utilities - Regulated Water
- Average net assets among peers: $4,723,967,500
- Average return on equity (ROE) among peers: 5.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CASAN - Companhia Catarinense de Aguas e Saneamento (CASN3) | R$2.58 Billion | 6.91% | 1.32x | $145.28K |
| Companhia de Saneamento de Minas Gerais (CSMG3) | $5.65 Billion | -0.21% | 0.94x | $1.62 Billion |
| Companhia de Saneamento do Paraná - SANEPAR (SAPR3) | $3.80 Billion | 11.09% | 0.99x | $438.22 Million |