Cogna Educação S.A

SA:COGN3 Brazil Education & Training Services
Market Cap
$966.66 Million
R$5.89 Billion BRL
Market Cap Rank
#8148 Global
#67 in Brazil
Share Price
R$2.95
Change (1 day)
-0.34%
52-Week Range
R$1.84 - R$4.59
All Time High
R$20.15
About

Cogna Educação S.A. operates as an educational organization in Brazil and internationally. It operates through three segments: Kroton, Vasta, and Saber. The company provides in-person and distance learning for higher education and postgraduate courses; and editing, marketing, and distribution of textbooks, paradidactic books and handouts. It also offers basic education, pre-university preparatory… Read more

Cogna Educação S.A (COGN3) - Net Assets

Latest net assets as of September 2025: R$13.89 Billion BRL

Based on the latest financial reports, Cogna Educação S.A (COGN3) has net assets worth R$13.89 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$23.82 Billion) and total liabilities (R$9.94 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$13.89 Billion
% of Total Assets 58.29%
Annual Growth Rate N/A
5-Year Change -5.18%
10-Year Change 8.71%
Growth Volatility 80.51

Cogna Educação S.A - Net Assets Trend (2004–2024)

This chart illustrates how Cogna Educação 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 Cogna Educação S.A (2004–2024)

The table below shows the annual net assets of Cogna Educação S.A from 2004 to 2024.

Year Net Assets Change
2024-12-31 R$13.55 Billion +6.60%
2023-12-31 R$12.71 Billion -4.04%
2022-12-31 R$13.24 Billion -3.84%
2021-12-31 R$13.77 Billion -3.60%
2020-12-31 R$14.29 Billion -9.79%
2019-12-31 R$15.84 Billion -9.37%
2018-12-31 R$17.47 Billion +14.90%
2017-12-31 R$15.21 Billion +9.81%
2016-12-31 R$13.85 Billion +11.15%
2015-12-31 R$12.46 Billion +8.85%
2014-12-31 R$11.45 Billion +337.10%
2013-12-31 R$2.62 Billion +16.58%
2012-12-31 R$2.25 Billion +52.25%
2011-12-31 R$1.48 Billion +80.76%
2010-12-31 R$816.18 Million +2.87%
2009-12-31 R$793.42 Million +82.83%
2008-12-31 R$433.97 Million -0.80%
2007-12-31 R$437.47 Million +133833.49%
2006-12-31 R$-327.12K -15.19%
2005-12-31 R$-283.98K -17.30%
2004-12-31 R$-242.09K --

Equity Component Analysis

This analysis shows how different components contribute to Cogna Educação 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 77812100000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings R$759.05 Million 6.12%
Common Stock R$7.67 Billion 61.86%
Other Comprehensive Income R$4.01 Billion 32.31%
Total Equity R$12.40 Billion 100.00%

Cogna Educação S.A Competitors by Market Cap

The table below lists competitors of Cogna Educação S.A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Cogna Educação S.A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 11,665,394,000 to 12,395,676,000, a change of 730,282,000 (6.3%).
  • Net income of 879,871,000 contributed positively to equity growth.
  • Share repurchases of 53,641,000 reduced equity.
  • Other comprehensive income decreased equity by 4,474,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income R$879.87 Million +7.1%
Share Repurchases R$53.64 Million -0.43%
Other Comprehensive Income R$-4.47 Million -0.04%
Other Changes R$-91.47 Million -0.74%
Total Change R$- 6.26%

Book Value vs Market Value Analysis

This analysis compares Cogna Educação 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: 0.46x
  • 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.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-12-31 R$0.00 R$2.95 x
2005-12-31 R$0.00 R$2.95 x
2006-12-31 R$0.00 R$2.95 x
2007-12-31 R$3.52 R$2.95 x
2008-12-31 R$3.68 R$2.95 x
2009-12-31 R$8.43 R$2.95 x
2010-12-31 R$9.04 R$2.95 x
2011-12-31 R$8.59 R$2.95 x
2012-12-31 R$2.12 R$2.95 x
2013-12-31 R$2.43 R$2.95 x
2014-12-31 R$8.47 R$2.95 x
2015-12-31 R$7.69 R$2.95 x
2016-12-31 R$8.47 R$2.95 x
2017-12-31 R$9.25 R$2.95 x
2018-12-31 R$9.62 R$2.95 x
2019-12-31 R$9.54 R$2.95 x
2020-12-31 R$7.14 R$2.95 x
2021-12-31 R$6.80 R$2.95 x
2022-12-31 R$6.48 R$2.95 x
2023-12-31 R$6.11 R$2.95 x
2024-12-31 R$6.48 R$2.95 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Cogna Educação 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): 7.10%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 13.77%
  • • Asset Turnover: 0.26x
  • • Equity Multiplier: 1.95x
  • Recent ROE (7.10%) is above the historical average (1.75%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 0.00% 0.00% 0.00x 0.00x R$-21.46K
2005 0.00% 0.00% 0.00x 0.00x R$-13.49K
2006 0.00% 0.00% 0.00x 0.00x R$-10.43K
2007 -3.79% -18.94% 0.17x 1.15x R$-60.33 Million
2008 7.04% 10.93% 0.52x 1.24x R$-12.84 Million
2009 -1.02% -2.37% 0.39x 1.10x R$-87.42 Million
2010 -3.63% -4.94% 0.55x 1.34x R$-111.24 Million
2011 2.53% 5.09% 0.25x 2.01x R$-110.16 Million
2012 8.99% 14.37% 0.37x 1.68x R$-22.58 Million
2013 19.73% 25.62% 0.49x 1.56x R$254.70 Million
2014 8.74% 26.51% 0.24x 1.35x R$-144.04 Million
2015 11.21% 26.52% 0.32x 1.34x R$150.17 Million
2016 13.46% 35.55% 0.30x 1.27x R$479.70 Million
2017 12.38% 33.87% 0.31x 1.20x R$361.54 Million
2018 8.83% 23.16% 0.19x 2.01x R$-186.52 Million
2019 1.49% 3.70% 0.19x 2.15x R$-1.35 Billion
2020 -43.95% -110.19% 0.17x 2.33x R$-7.13 Billion
2021 -3.84% -10.24% 0.17x 2.24x R$-1.76 Billion
2022 -4.34% -10.57% 0.19x 2.17x R$-1.75 Billion
2023 -4.23% -8.48% 0.23x 2.15x R$-1.66 Billion
2024 7.10% 13.77% 0.26x 1.95x R$-359.70 Million

Industry Comparison

This section compares Cogna Educação S.A's net assets metrics with peer companies in the Education & Training Services industry.

Industry Context

  • Industry: Education & Training Services
  • Average net assets among peers: $1,565,703,429
  • Average return on equity (ROE) among peers: 27.40%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Cogna Educação S.A (COGN3) R$13.89 Billion 0.00% 0.72x $815.17 Million
Afya Limited (A2FY34) $4.27 Billion 14.79% 1.07x $45.37 Million
GAEC Educacao SA (ANIM3) $18.36 Million 128.03% 13.25x $150.08 Million
Bahema Educação S.A (BAHI3) $22.30 Million 0.00% 1.35x $15.75 Million
Cruzeiro do Sul Educacional S.A (CSED3) $189.84 Million 6.81% 1.87x $128.71 Million
Ser Educacional Sa (SEER3) $1.51 Billion 13.09% 0.66x $218.32 Million
Vitru Brasil Empreendimentos, Participações e Comércio S.A. (VTRU3) $2.56 Billion 11.29% 1.28x $20.73K
Yduqs Participações S.A (YDUQ3) $2.39 Billion 17.79% 0.47x $288.17 Million