Companhia de Gás de São Paulo - COMGÁS
Companhia de Gás de São Paulo " COMGÁS operates as a piped natural gas distributor in Brazil. The company's concession area covers approximately 180 municipalities in the São Paulo and Greater São Paulo regions. It serves customers in the residential, retail, industrial, vehicular, cogeneration, and thermal generation markets. The company was formerly known as Companhia Municipal de Gás (Comgás) … Read more
Companhia de Gás de São Paulo - COMGÁS (CGAS3) - Net Assets
Latest net assets as of September 2025: R$2.03 Billion BRL
Based on the latest financial reports, Companhia de Gás de São Paulo - COMGÁS (CGAS3) has net assets worth R$2.03 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$14.87 Billion) and total liabilities (R$12.85 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$2.03 Billion |
| % of Total Assets | 13.62% |
| Annual Growth Rate | 1.04% |
| 5-Year Change | 92.16% |
| 10-Year Change | -64.36% |
| Growth Volatility | 36.4 |
Companhia de Gás de São Paulo - COMGÁS - Net Assets Trend (2003–2024)
This chart illustrates how Companhia de Gás de São Paulo - COMGÁS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Companhia de Gás de São Paulo - COMGÁS (2003–2024)
The table below shows the annual net assets of Companhia de Gás de São Paulo - COMGÁS from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$1.13 Billion | -33.07% |
| 2023-12-31 | R$1.69 Billion | +64.04% |
| 2022-12-31 | R$1.03 Billion | -6.56% |
| 2021-12-31 | R$1.11 Billion | +87.31% |
| 2020-12-31 | R$590.05 Million | +13.58% |
| 2019-12-31 | R$519.51 Million | -80.91% |
| 2018-12-31 | R$2.72 Billion | +34.91% |
| 2017-12-31 | R$2.02 Billion | -22.14% |
| 2016-12-31 | R$2.59 Billion | -18.57% |
| 2015-12-31 | R$3.18 Billion | +2.33% |
| 2014-12-31 | R$3.11 Billion | +17.03% |
| 2013-12-31 | R$2.66 Billion | +22.21% |
| 2012-12-31 | R$2.17 Billion | +79.79% |
| 2011-12-31 | R$1.21 Billion | -12.16% |
| 2010-12-31 | R$1.38 Billion | +5.58% |
| 2009-12-31 | R$1.30 Billion | +14.65% |
| 2008-12-31 | R$1.14 Billion | +5.63% |
| 2007-12-31 | R$1.08 Billion | +5.23% |
| 2006-12-31 | R$1.02 Billion | +16.09% |
| 2005-12-31 | R$881.26 Million | -6.79% |
| 2004-12-31 | R$945.46 Million | +3.69% |
| 2003-12-31 | R$911.78 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Companhia de Gás de São Paulo - COMGÁS'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 239.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$602.23 Million | 53.11% |
| Common Stock | R$536.32 Million | 47.30% |
| Other Comprehensive Income | R$-4.68 Million | -0.41% |
| Total Equity | R$1.13 Billion | 100.00% |
Companhia de Gás de São Paulo - COMGÁS Competitors by Market Cap
The table below lists competitors of Companhia de Gás de São Paulo - COMGÁS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
The Farmers Bank of Appomattox
OTCQB:FBPA
|
$23.97 Million |
|
Hep Tech Co Ltd
TWO:3609
|
$23.97 Million |
|
Deniz Gayrimenkul Yatirim Ortakligi AS
IS:DZGYO
|
$23.99 Million |
|
Korea SPAC 2
KQ:206400
|
$23.99 Million |
|
Syntara Ltd
AU:SNT
|
$23.95 Million |
|
Cipherlab Co Ltd
TWO:6160
|
$23.95 Million |
|
TERACT EO 1
F:6O8
|
$23.95 Million |
|
SPSoft Inc.
KQ:443670
|
$23.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Companhia de Gás de São Paulo - COMGÁS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,694,174,000 to 1,133,863,000, a change of -560,311,000 (-33.1%).
- Net income of 1,792,464,000 contributed positively to equity growth.
- Dividend payments of 2,735,338,000 reduced retained earnings.
- Other comprehensive income increased equity by 99,354,000.
- Other factors increased equity by 283,209,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$1.79 Billion | +158.08% |
| Dividends Paid | R$2.74 Billion | -241.24% |
| Other Comprehensive Income | R$99.35 Million | +8.76% |
| Other Changes | R$283.21 Million | +24.98% |
| Total Change | R$- | -33.07% |
Book Value vs Market Value Analysis
This analysis compares Companhia de Gás de São Paulo - COMGÁS'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: 14.97x
- 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 16.84x to 14.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | R$7.61 | R$128.06 | x |
| 2004-12-31 | R$7.89 | R$128.06 | x |
| 2005-12-31 | R$7.35 | R$128.06 | x |
| 2006-12-31 | R$8.53 | R$128.06 | x |
| 2007-12-31 | R$8.98 | R$128.06 | x |
| 2008-12-31 | R$9.48 | R$128.06 | x |
| 2009-12-31 | R$10.87 | R$128.06 | x |
| 2010-12-31 | R$11.48 | R$128.06 | x |
| 2011-12-31 | R$10.08 | R$128.06 | x |
| 2012-12-31 | R$18.13 | R$128.06 | x |
| 2013-12-31 | R$22.16 | R$128.06 | x |
| 2014-12-31 | R$25.65 | R$128.06 | x |
| 2015-12-31 | R$24.99 | R$128.06 | x |
| 2016-12-31 | R$20.35 | R$128.06 | x |
| 2017-12-31 | R$15.27 | R$128.06 | x |
| 2018-12-31 | R$20.51 | R$128.06 | x |
| 2019-12-31 | R$3.91 | R$128.06 | x |
| 2020-12-31 | R$4.44 | R$128.06 | x |
| 2021-12-31 | R$8.32 | R$128.06 | x |
| 2022-12-31 | R$7.78 | R$128.06 | x |
| 2023-12-31 | R$12.78 | R$128.06 | x |
| 2024-12-31 | R$8.56 | R$128.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Companhia de Gás de São Paulo - COMGÁS 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): 158.08%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.61%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 13.75x
- Recent ROE (158.08%) is above the historical average (71.83%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 11.35% | 5.32% | 0.87x | 2.46x | R$12.29 Million |
| 2004 | 25.57% | 10.87% | 0.99x | 2.37x | R$147.20 Million |
| 2005 | 36.21% | 12.70% | 0.97x | 2.93x | R$230.95 Million |
| 2006 | 41.78% | 14.38% | 1.01x | 2.87x | R$325.09 Million |
| 2007 | 41.15% | 13.79% | 1.02x | 2.91x | R$335.34 Million |
| 2008 | 45.21% | 12.89% | 0.99x | 3.53x | R$400.34 Million |
| 2009 | 52.96% | 16.77% | 1.09x | 2.88x | R$560.03 Million |
| 2010 | 42.14% | 14.16% | 1.06x | 2.80x | R$442.34 Million |
| 2011 | 19.53% | 5.76% | 0.95x | 3.58x | R$115.24 Million |
| 2012 | 17.04% | 7.02% | 0.88x | 2.77x | R$153.11 Million |
| 2013 | 23.30% | 9.77% | 0.92x | 2.60x | R$353.27 Million |
| 2014 | 19.67% | 9.58% | 0.84x | 2.46x | R$300.71 Million |
| 2015 | 21.97% | 10.59% | 0.74x | 2.79x | R$380.71 Million |
| 2016 | 34.78% | 15.93% | 0.65x | 3.35x | R$642.02 Million |
| 2017 | 31.73% | 11.56% | 0.64x | 4.30x | R$438.41 Million |
| 2018 | 49.22% | 19.58% | 0.82x | 3.07x | R$1.07 Billion |
| 2019 | 263.17% | 14.37% | 1.13x | 16.27x | R$1.32 Billion |
| 2020 | 195.00% | 13.83% | 0.78x | 17.99x | R$1.09 Billion |
| 2021 | 191.74% | 18.10% | 0.95x | 11.10x | R$2.01 Billion |
| 2022 | 175.40% | 10.66% | 1.34x | 12.26x | R$1.71 Billion |
| 2023 | 83.15% | 9.29% | 1.10x | 8.11x | R$1.24 Billion |
| 2024 | 158.08% | 11.61% | 0.99x | 13.75x | R$1.68 Billion |
Industry Comparison
This section compares Companhia de Gás de São Paulo - COMGÁS's net assets metrics with peer companies in the Utilities - Regulated Gas industry.
No peer company data available for comparison.