Grazziotin S.A (CGRA3) - Net Assets
Based on the latest financial reports, Grazziotin S.A (CGRA3) has net assets worth R$883.32 Million BRL (≈ $173.32 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$1.26 Billion ≈ $246.39 Million USD) and total liabilities (R$372.38 Million ≈ $73.07 Million 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. Check Grazziotin S.A (CGRA3) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$883.32 Million |
| % of Total Assets | 70.34% |
| Annual Growth Rate | 11.69% |
| 5-Year Change | 17.44% |
| 10-Year Change | 91.19% |
| Growth Volatility | 28.36 |
Grazziotin S.A - Net Assets Trend (2004–2025)
This chart illustrates how Grazziotin S.A's net assets have evolved over time, based on quarterly financial data. See CGRA3 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Grazziotin S.A (2004–2025)
The table below shows the annual net assets of Grazziotin S.A from 2004 to 2025. For live valuation and market cap data, see market value of Grazziotin S.A.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$878.11 Million ≈ $172.30 Million |
-7.86% |
| 2024-12-31 | R$952.98 Million ≈ $186.99 Million |
+7.77% |
| 2023-12-31 | R$884.24 Million ≈ $173.50 Million |
+6.23% |
| 2022-12-31 | R$832.36 Million ≈ $163.32 Million |
+11.32% |
| 2021-12-31 | R$747.74 Million ≈ $146.72 Million |
+18.24% |
| 2020-12-31 | R$632.41 Million ≈ $124.09 Million |
+6.85% |
| 2019-12-31 | R$591.89 Million ≈ $116.14 Million |
+19.64% |
| 2018-12-31 | R$494.73 Million ≈ $97.08 Million |
+3.44% |
| 2017-12-31 | R$478.29 Million ≈ $93.85 Million |
+4.14% |
| 2016-12-31 | R$459.29 Million ≈ $90.12 Million |
+6.37% |
| 2015-12-31 | R$431.80 Million ≈ $84.73 Million |
+7.90% |
| 2014-12-31 | R$400.20 Million ≈ $78.53 Million |
+12.37% |
| 2013-12-31 | R$356.15 Million ≈ $69.88 Million |
+11.78% |
| 2012-12-31 | R$318.62 Million ≈ $62.52 Million |
+9.23% |
| 2011-12-31 | R$291.70 Million ≈ $57.24 Million |
+5.33% |
| 2010-12-31 | R$276.94 Million ≈ $54.34 Million |
+6.70% |
| 2009-12-31 | R$259.54 Million ≈ $50.93 Million |
+78.44% |
| 2008-12-31 | R$145.45 Million ≈ $28.54 Million |
+15.53% |
| 2007-12-31 | R$125.90 Million ≈ $24.70 Million |
+109.83% |
| 2006-12-31 | R$60.00 Million ≈ $11.77 Million |
-34.43% |
| 2005-12-31 | R$91.50 Million ≈ $17.95 Million |
+6.12% |
| 2004-12-31 | R$86.23 Million ≈ $16.92 Million |
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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 13836700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$138.37 Million | 15.76% |
| Common Stock | R$670.67 Million | 76.38% |
| Other Comprehensive Income | R$218.06 Million | 24.83% |
| Total Equity | R$878.11 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 |
|---|---|
|
Verusaturk Girisim Sermayesi
IS:VERTU
|
$48.17 Million |
|
The Beachbody Company, Inc.
NYSE:BODI
|
$48.17 Million |
|
Wallbox NV
NYSE:WBX
|
$48.17 Million |
|
FatPipe, Inc. Common Stock
NASDAQ:FATN
|
$48.18 Million |
|
Thai Nippon Rubber Industry Public Co. Ltd
BK:TNR
|
$48.16 Million |
|
Telcoware
KO:078000
|
$48.15 Million |
|
Agile Content SA
MC:AGIL
|
$48.14 Million |
|
Azimut Exploration Inc.
V:AZM
|
$48.12 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 2024 to 2025, total equity changed from 952,978,000 to 878,113,000, a change of -74,865,000 (-7.9%).
- Net income of 83,855,000 contributed positively to equity growth.
- Dividend payments of 129,119,000 reduced retained earnings.
- Share repurchases of 18,652,000 reduced equity.
- New share issuances of 1,301,000 increased equity.
- Other comprehensive income increased equity by 153,320,000.
- Other factors decreased equity by 165,570,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$83.86 Million | +9.55% |
| Dividends Paid | R$129.12 Million | -14.7% |
| Share Repurchases | R$18.65 Million | -2.12% |
| Share Issuances | R$1.30 Million | +0.15% |
| Other Comprehensive Income | R$153.32 Million | +17.46% |
| Other Changes | R$-165.57 Million | -18.86% |
| Total Change | R$- | -7.86% |
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: 0.58x
- 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 4.86x to 0.58x 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$24.61 | x |
| 2005-12-31 | R$5.38 | R$24.61 | x |
| 2006-12-31 | R$3.53 | R$24.61 | x |
| 2007-12-31 | R$7.30 | R$24.61 | x |
| 2008-12-31 | R$6.75 | R$24.61 | x |
| 2009-12-31 | R$11.99 | R$24.61 | x |
| 2010-12-31 | R$12.76 | R$24.61 | x |
| 2011-12-31 | R$13.44 | R$24.61 | x |
| 2012-12-31 | R$14.64 | R$24.61 | x |
| 2013-12-31 | R$16.31 | R$24.61 | x |
| 2014-12-31 | R$18.30 | R$24.61 | x |
| 2015-12-31 | R$19.68 | R$24.61 | x |
| 2016-12-31 | R$20.84 | R$24.61 | x |
| 2017-12-31 | R$22.87 | R$24.61 | x |
| 2018-12-31 | R$24.63 | R$24.61 | x |
| 2019-12-31 | R$29.92 | R$24.61 | x |
| 2020-12-31 | R$31.34 | R$24.61 | x |
| 2021-12-31 | R$38.18 | R$24.61 | x |
| 2022-12-31 | R$43.05 | R$24.61 | x |
| 2023-12-31 | R$44.03 | R$24.61 | x |
| 2024-12-31 | R$45.85 | R$24.61 | x |
| 2025-12-31 | R$42.39 | R$24.61 | 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): 9.55%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.26%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.44x
- Recent ROE (9.55%) is below the historical average (13.62%), 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$9.35 Million |
| 2025 | 9.55% | 11.26% | 0.59x | 1.44x | R$-3.96 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: $9,283,768,500
- Average return on equity (ROE) among peers: 14.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grazziotin S.A (CGRA3) | R$883.32 Million | 18.80% | 0.42x | $48.16 Million |
| Atacadão S.A (CRFB3) | $13.14 Billion | 12.17% | 1.58x | $3.51 Billion |
| Grupo Mateus S.A (GMAT3) | $6.48 Billion | 11.72% | 0.54x | $1.76 Billion |
| Lojas Renner S.A. (LREN3) | $711.49 Million | 22.83% | 1.29x | $2.74 Billion |
| Companhia Brasileira de Distribuição (PCAR3) | $16.81 Billion | 12.96% | 2.17x | $195.43 Million |
About 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, houseware, 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 insuranc… Read more