Grazziotin S.A
Grazziotin S.A. engages in the retail and wholesale business in Brazil. The company's stores offer furniture, convenience store merchandise, home appliances, electronics, housewares, household clothing and accessories, sports articles, and perfumery, as well as cosmetics, foodstuffs, decoration, camping, hygiene, and cleaning products. It is also involved in the financial institutions and insuran… Read more
Grazziotin S.A (CGRA3) - Net Assets
Latest net assets as of September 2025: R$957.43 Million BRL
Based on the latest financial reports, Grazziotin S.A (CGRA3) has net assets worth R$957.43 Million 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$1.31 Billion) and total liabilities (R$355.82 Million). 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$957.43 Million |
| % of Total Assets | 72.91% |
| Annual Growth Rate | 12.76% |
| 5-Year Change | 50.69% |
| 10-Year Change | 120.7% |
| Growth Volatility | 28.6 |
Grazziotin S.A - Net Assets Trend (2004–2024)
This chart illustrates how Grazziotin 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 Grazziotin S.A (2004–2024)
The table below shows the annual net assets of Grazziotin S.A from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$952.98 Million | +7.77% |
| 2023-12-31 | R$884.24 Million | +6.23% |
| 2022-12-31 | R$832.36 Million | +11.32% |
| 2021-12-31 | R$747.74 Million | +18.24% |
| 2020-12-31 | R$632.41 Million | +6.85% |
| 2019-12-31 | R$591.89 Million | +19.64% |
| 2018-12-31 | R$494.73 Million | +3.44% |
| 2017-12-31 | R$478.29 Million | +4.14% |
| 2016-12-31 | R$459.29 Million | +6.37% |
| 2015-12-31 | R$431.80 Million | +7.90% |
| 2014-12-31 | R$400.20 Million | +12.37% |
| 2013-12-31 | R$356.15 Million | +11.78% |
| 2012-12-31 | R$318.62 Million | +9.23% |
| 2011-12-31 | R$291.70 Million | +5.33% |
| 2010-12-31 | R$276.94 Million | +6.70% |
| 2009-12-31 | R$259.54 Million | +78.44% |
| 2008-12-31 | R$145.45 Million | +15.53% |
| 2007-12-31 | R$125.90 Million | +109.83% |
| 2006-12-31 | R$60.00 Million | -34.43% |
| 2005-12-31 | R$91.50 Million | +6.12% |
| 2004-12-31 | R$86.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Grazziotin 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 44724000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$447.24 Million | 46.93% |
| Common Stock | R$442.37 Million | 46.42% |
| Other Comprehensive Income | R$64.74 Million | 6.79% |
| Total Equity | R$952.98 Million | 100.00% |
Grazziotin S.A Competitors by Market Cap
The table below lists competitors of Grazziotin S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yesco Holdings Co. Ltd
KO:015360
|
$60.49 Million |
|
Daejoo Inc
KQ:003310
|
$60.49 Million |
|
Syncom Formulations (India) Limited
NSE:SYNCOMF
|
$60.50 Million |
|
CONPET SA
RO:COTE
|
$60.50 Million |
|
Simply Better Brands Corp.
OTCQB:SBBCF
|
$60.46 Million |
|
Thermador Groupe SA
PA:THEP
|
$60.45 Million |
|
TK Chemical Corporation
KQ:104480
|
$60.43 Million |
|
Talisker Resources Ltd
OTCQX:TSKFF
|
$60.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grazziotin S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 884,239,000 to 952,978,000, a change of 68,739,000 (7.8%).
- Net income of 104,649,000 contributed positively to equity growth.
- Dividend payments of 45,881,000 reduced retained earnings.
- Share repurchases of 1,373,000 reduced equity.
- New share issuances of 13,199,000 increased equity.
- Other comprehensive income decreased equity by 102,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$104.65 Million | +10.98% |
| Dividends Paid | R$45.88 Million | -4.81% |
| Share Repurchases | R$1.37 Million | -0.14% |
| Share Issuances | R$13.20 Million | +1.39% |
| Other Comprehensive Income | R$-102.00K | -0.01% |
| Other Changes | R$-1.75 Million | -0.18% |
| Total Change | R$- | 7.77% |
Book Value vs Market Value Analysis
This analysis compares Grazziotin 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: 0.60x
- 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 5.47x to 0.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | R$5.07 | R$27.70 | x |
| 2005-12-31 | R$5.38 | R$27.70 | x |
| 2006-12-31 | R$3.53 | R$27.70 | x |
| 2007-12-31 | R$7.30 | R$27.70 | x |
| 2008-12-31 | R$6.75 | R$27.70 | x |
| 2009-12-31 | R$11.99 | R$27.70 | x |
| 2010-12-31 | R$12.76 | R$27.70 | x |
| 2011-12-31 | R$13.42 | R$27.70 | x |
| 2012-12-31 | R$14.64 | R$27.70 | x |
| 2013-12-31 | R$16.31 | R$27.70 | x |
| 2014-12-31 | R$18.30 | R$27.70 | x |
| 2015-12-31 | R$19.66 | R$27.70 | x |
| 2016-12-31 | R$20.84 | R$27.70 | x |
| 2017-12-31 | R$22.87 | R$27.70 | x |
| 2018-12-31 | R$24.63 | R$27.70 | x |
| 2019-12-31 | R$29.92 | R$27.70 | x |
| 2020-12-31 | R$31.34 | R$27.70 | x |
| 2021-12-31 | R$38.18 | R$27.70 | x |
| 2022-12-31 | R$43.05 | R$27.70 | x |
| 2023-12-31 | R$44.03 | R$27.70 | x |
| 2024-12-31 | R$45.85 | R$27.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grazziotin 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): 10.98%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.36%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.42x
- Recent ROE (10.98%) is below the historical average (13.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 18.80% | 11.58% | 1.14x | 1.42x | R$7.59 Million |
| 2005 | 11.52% | 7.97% | 1.03x | 1.40x | R$1.39 Million |
| 2006 | 26.85% | 10.43% | 1.05x | 2.46x | R$10.11 Million |
| 2007 | 18.96% | 12.33% | 1.09x | 1.41x | R$11.28 Million |
| 2008 | 20.99% | 13.82% | 1.11x | 1.37x | R$15.98 Million |
| 2009 | 10.85% | 12.06% | 0.63x | 1.42x | R$2.21 Million |
| 2010 | -12.01% | -12.74% | 0.66x | 1.43x | R$-60.97 Million |
| 2011 | 12.20% | 12.22% | 0.68x | 1.46x | R$6.41 Million |
| 2012 | 11.89% | 11.89% | 0.70x | 1.43x | R$6.01 Million |
| 2013 | 14.16% | 14.07% | 0.69x | 1.45x | R$14.82 Million |
| 2014 | 14.86% | 14.17% | 0.71x | 1.47x | R$19.44 Million |
| 2015 | 10.80% | 12.46% | 0.65x | 1.34x | R$3.44 Million |
| 2016 | 13.94% | 16.39% | 0.61x | 1.40x | R$18.08 Million |
| 2017 | 12.84% | 14.34% | 0.63x | 1.42x | R$13.57 Million |
| 2018 | 10.80% | 11.61% | 0.66x | 1.42x | R$3.97 Million |
| 2019 | 21.87% | 26.94% | 0.55x | 1.47x | R$70.26 Million |
| 2020 | 11.23% | 15.78% | 0.50x | 1.42x | R$7.76 Million |
| 2021 | 23.36% | 28.46% | 0.57x | 1.45x | R$99.89 Million |
| 2022 | 14.31% | 17.45% | 0.58x | 1.41x | R$35.83 Million |
| 2023 | 10.82% | 14.13% | 0.53x | 1.44x | R$7.23 Million |
| 2024 | 10.98% | 14.36% | 0.54x | 1.42x | R$9.35 Million |
Industry Comparison
This section compares Grazziotin S.A's net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $5,948,751,000
- Average return on equity (ROE) among peers: 17.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grazziotin S.A (CGRA3) | R$957.43 Million | 18.80% | 0.37x | $60.47 Million |
| Atacadão S.A (CRFB3) | $8.45 Billion | 13.90% | 2.35x | $915.21 Million |
| Grupo Mateus S.A (GMAT3) | $7.54 Billion | 13.95% | 0.76x | $404.49 Million |
| Lojas Renner S.A. (LREN3) | $1.86 Billion | 25.41% | 1.87x | $2.44 Billion |