Companhia Paranaense de Energia - COPEL (CPLE3) - Net Assets
Based on the latest financial reports, Companhia Paranaense de Energia - COPEL (CPLE3) has net assets worth R$24.75 Billion BRL (≈ $4.86 Billion 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$62.93 Billion ≈ $12.35 Billion USD) and total liabilities (R$38.18 Billion ≈ $7.49 Billion 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 CPLE3 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$24.75 Billion |
| % of Total Assets | 39.33% |
| Annual Growth Rate | 6.05% |
| 5-Year Change | 8.46% |
| 10-Year Change | 60.57% |
| Growth Volatility | 8.99 |
Companhia Paranaense de Energia - COPEL - Net Assets Trend (1998–2025)
This chart illustrates how Companhia Paranaense de Energia - COPEL's net assets have evolved over time, based on quarterly financial data. See Companhia Paranaense de Energia - COPEL defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Companhia Paranaense de Energia - COPEL (1998–2025)
The table below shows the annual net assets of Companhia Paranaense de Energia - COPEL from 1998 to 2025. For live valuation and market cap data, see CPLE3 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$24.05 Billion ≈ $4.72 Billion |
-6.19% |
| 2024-12-31 | R$25.64 Billion ≈ $5.03 Billion |
+5.97% |
| 2023-12-31 | R$24.19 Billion ≈ $4.75 Billion |
+14.48% |
| 2022-12-31 | R$21.13 Billion ≈ $4.15 Billion |
-4.71% |
| 2021-12-31 | R$22.18 Billion ≈ $4.35 Billion |
+9.50% |
| 2020-12-31 | R$20.25 Billion ≈ $3.97 Billion |
+15.07% |
| 2019-12-31 | R$17.60 Billion ≈ $3.45 Billion |
+7.73% |
| 2018-12-31 | R$16.34 Billion ≈ $3.21 Billion |
+5.32% |
| 2017-12-31 | R$15.51 Billion ≈ $3.04 Billion |
+3.55% |
| 2016-12-31 | R$14.98 Billion ≈ $2.94 Billion |
+3.44% |
| 2015-12-31 | R$14.48 Billion ≈ $2.84 Billion |
+5.83% |
| 2014-12-31 | R$13.68 Billion ≈ $2.68 Billion |
+5.83% |
| 2013-12-31 | R$12.93 Billion ≈ $2.54 Billion |
+4.59% |
| 2012-12-31 | R$12.36 Billion ≈ $2.43 Billion |
+2.42% |
| 2011-12-31 | R$12.07 Billion ≈ $2.37 Billion |
+6.85% |
| 2010-12-31 | R$11.30 Billion ≈ $2.22 Billion |
+24.35% |
| 2009-12-31 | R$9.08 Billion ≈ $1.78 Billion |
+9.54% |
| 2008-12-31 | R$8.29 Billion ≈ $1.63 Billion |
+11.05% |
| 2007-12-31 | R$7.47 Billion ≈ $1.47 Billion |
+12.34% |
| 2006-12-31 | R$6.65 Billion ≈ $1.30 Billion |
+18.06% |
| 2005-12-31 | R$5.63 Billion ≈ $1.10 Billion |
+8.68% |
| 2004-12-31 | R$5.18 Billion ≈ $1.02 Billion |
+6.65% |
| 2003-12-31 | R$4.86 Billion ≈ $953.27 Million |
+2.80% |
| 2002-12-31 | R$4.73 Billion ≈ $927.34 Million |
-5.85% |
| 2001-12-31 | R$5.02 Billion ≈ $984.95 Million |
-22.68% |
| 2000-12-31 | R$6.49 Billion ≈ $1.27 Billion |
+11.11% |
| 1999-12-31 | R$5.84 Billion ≈ $1.15 Billion |
+18.61% |
| 1998-12-31 | R$4.93 Billion ≈ $966.55 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Companhia Paranaense de Energia - COPEL'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 1110.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$8.21 Billion | 35.51% |
| Common Stock | R$12.82 Billion | 55.43% |
| Other Comprehensive Income | R$2.21 Billion | 9.54% |
| Total Equity | R$23.13 Billion | 100.00% |
Companhia Paranaense de Energia - COPEL Competitors by Market Cap
The table below lists competitors of Companhia Paranaense de Energia - COPEL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AeroVironment Inc
NASDAQ:AVAV
|
$8.52 Billion |
|
ALK-Abelló A/S
CO:ALK-B
|
$8.52 Billion |
|
KAWASAKI KISEN K. ADR/1/2
F:KLI
|
$8.52 Billion |
|
Goke Microelectronics Co Ltd
SHE:300672
|
$8.52 Billion |
|
S-Oil Corp
KO:010950
|
$8.50 Billion |
|
Frontline Ltd
NYSE:FRO
|
$8.49 Billion |
|
Primo Brands Corporation
NYSE:PRMB
|
$8.48 Billion |
|
DISCOVERY LTD(UNSP.ADR)/3
F:D3H0
|
$8.48 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Companhia Paranaense de Energia - COPEL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 25,674,718,000 to 23,130,019,000, a change of -2,544,699,000 (-9.9%).
- Net income of 2,688,614,000 contributed positively to equity growth.
- Dividend payments of 2,522,772,000 reduced retained earnings.
- Share repurchases of 70,046,000 reduced equity.
- Other comprehensive income increased equity by 435,466,000.
- Other factors decreased equity by 3,075,961,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$2.69 Billion | +11.62% |
| Dividends Paid | R$2.52 Billion | -10.91% |
| Share Repurchases | R$70.05 Million | -0.3% |
| Other Comprehensive Income | R$435.47 Million | +1.88% |
| Other Changes | R$-3.08 Billion | -13.3% |
| Total Change | R$- | -9.91% |
Book Value vs Market Value Analysis
This analysis compares Companhia Paranaense de Energia - COPEL'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: 1.88x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.29x to 1.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | R$1.76 | R$14.61 | x |
| 1999-12-31 | R$2.10 | R$14.61 | x |
| 2000-12-31 | R$2.34 | R$14.61 | x |
| 2001-12-31 | R$1.83 | R$14.61 | x |
| 2002-12-31 | R$1.73 | R$14.61 | x |
| 2003-12-31 | R$1.78 | R$14.61 | x |
| 2004-12-31 | R$1.88 | R$14.61 | x |
| 2005-12-31 | R$2.01 | R$14.61 | x |
| 2006-12-31 | R$2.33 | R$14.61 | x |
| 2007-12-31 | R$2.64 | R$14.61 | x |
| 2008-12-31 | R$2.94 | R$14.61 | x |
| 2009-12-31 | R$3.23 | R$14.61 | x |
| 2010-12-31 | R$3.94 | R$14.61 | x |
| 2011-12-31 | R$4.32 | R$14.61 | x |
| 2012-12-31 | R$4.42 | R$14.61 | x |
| 2013-12-31 | R$4.62 | R$14.61 | x |
| 2014-12-31 | R$4.87 | R$14.61 | x |
| 2015-12-31 | R$5.18 | R$14.61 | x |
| 2016-12-31 | R$5.38 | R$14.61 | x |
| 2017-12-31 | R$5.56 | R$14.61 | x |
| 2018-12-31 | R$5.86 | R$14.61 | x |
| 2019-12-31 | R$6.30 | R$14.61 | x |
| 2020-12-31 | R$7.29 | R$14.61 | x |
| 2021-12-31 | R$7.98 | R$14.61 | x |
| 2022-12-31 | R$7.61 | R$14.61 | x |
| 2023-12-31 | R$8.44 | R$14.61 | x |
| 2024-12-31 | R$8.61 | R$14.61 | x |
| 2025-12-31 | R$7.79 | R$14.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Companhia Paranaense de Energia - COPEL utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.62%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.29%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 2.61x
- Recent ROE (11.62%) is above the historical average (9.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 7.65% | 26.10% | 0.18x | 1.59x | R$-115.56 Million |
| 1999 | 4.97% | 16.62% | 0.18x | 1.63x | R$-293.84 Million |
| 2000 | 6.63% | 20.33% | 0.20x | 1.60x | R$-218.81 Million |
| 2001 | 9.42% | 20.53% | 0.27x | 1.73x | R$-29.08 Million |
| 2002 | -6.77% | -8.51% | 0.44x | 1.81x | R$-792.63 Million |
| 2003 | 3.52% | 4.00% | 0.46x | 1.90x | R$-314.69 Million |
| 2004 | 7.28% | 6.75% | 0.56x | 1.92x | R$-139.48 Million |
| 2005 | 9.16% | 7.37% | 0.62x | 1.99x | R$-46.34 Million |
| 2006 | 19.49% | 16.74% | 0.62x | 1.87x | R$605.05 Million |
| 2007 | 15.29% | 13.97% | 0.64x | 1.71x | R$382.99 Million |
| 2008 | 13.40% | 19.76% | 0.41x | 1.65x | R$273.44 Million |
| 2009 | 11.62% | 18.27% | 0.41x | 1.57x | R$143.43 Million |
| 2010 | 9.16% | 14.64% | 0.39x | 1.62x | R$-92.73 Million |
| 2011 | 9.79% | 14.89% | 0.41x | 1.62x | R$-24.98 Million |
| 2012 | 5.79% | 8.21% | 0.40x | 1.75x | R$-509.05 Million |
| 2013 | 8.48% | 11.68% | 0.40x | 1.83x | R$-192.57 Million |
| 2014 | 9.05% | 8.66% | 0.54x | 1.92x | R$-127.12 Million |
| 2015 | 8.42% | 8.10% | 0.51x | 2.04x | R$-223.52 Million |
| 2016 | 6.51% | 7.32% | 0.43x | 2.06x | R$-513.16 Million |
| 2017 | 6.80% | 7.37% | 0.42x | 2.18x | R$-487.16 Million |
| 2018 | 8.78% | 9.42% | 0.42x | 2.24x | R$-196.23 Million |
| 2019 | 11.53% | 12.25% | 0.42x | 2.22x | R$264.70 Million |
| 2020 | 19.56% | 20.95% | 0.40x | 2.34x | R$1.91 Billion |
| 2021 | 17.67% | 16.09% | 0.48x | 2.27x | R$1.68 Billion |
| 2022 | 5.34% | 5.42% | 0.41x | 2.39x | R$-969.73 Million |
| 2023 | 9.46% | 10.52% | 0.38x | 2.34x | R$-129.81 Million |
| 2024 | 10.94% | 12.40% | 0.39x | 2.24x | R$242.16 Million |
| 2025 | 11.62% | 10.29% | 0.43x | 2.61x | R$375.61 Million |
Industry Comparison
This section compares Companhia Paranaense de Energia - COPEL's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $5,231,593,000
- Average return on equity (ROE) among peers: 32.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Companhia Paranaense de Energia - COPEL (CPLE3) | R$24.75 Billion | 7.65% | 1.54x | $8.51 Billion |
| Afluente Transmissão de Energia Elétrica S.A (AFLT3) | $79.67 Million | 22.21% | 0.17x | $95.19 Million |
| Companhia Energética de Brasília - CEB (CEBR3) | $684.45 Million | 7.15% | 1.80x | $190.45 Million |
| Companhiade Eletricidade do Estado da Bahia - COELBA (CEEB3) | $2.38 Billion | 39.79% | 1.26x | $1.43 Billion |
| Companhia Estadual de Distribuição de Energia Elétrica (CEED3) | $1.94 Billion | 98.37% | 1.08x | $130.80 Million |
| Companhia Energética do Ceará - Coelce (COCE3) | $850.45 Million | 28.78% | 2.03x | $349.14 Million |
| CPFL Energia S.A (CPFE3) | $16.81 Billion | 28.25% | 2.93x | $10.04 Billion |
| Energisa S.A (ENGI11) | $12.48 Billion | 17.11% | 3.78x | $4.25 Billion |
| Energisa S.A (ENGI3) | $9.09 Billion | 28.52% | 4.97x | $2.20 Billion |
| Energisa Mato Grosso - Distribuidora de Energia S/A (ENMT3) | $2.78 Billion | 24.38% | 2.40x | $558.58 Million |
About Companhia Paranaense de Energia - COPEL
Companhia Paranaense de Energia - COPEL, together with its subsidiaries, engages in the research, study, planning, construction, production, transformation, transportation, distribution, and commercialization of electricity in Brazil. The company operates through three segments: Generation and Transmission of Electrical Energy; Electrical Energy Distribution; and Commercialization. It produces el… Read more