Companhia de Saneamento de Minas Gerais
Companhia de Saneamento de Minas Gerais plans, executes, expands, remodels, and explores public services, basic sanitation, water supply, sewage, sanitary, and solid waste in Brazil and internationally. It is involved in collection, treatment, and distribution of treated water to end consumers; collection, transportation, treatment, and final disposal of sewage, from the building connection to fi… Read more
Companhia de Saneamento de Minas Gerais (CSMG3) - Net Assets
Latest net assets as of December 2025: R$8.58 Billion BRL
Based on the latest financial reports, Companhia de Saneamento de Minas Gerais (CSMG3) has net assets worth R$8.58 Billion BRL as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$17.74 Billion) and total liabilities (R$9.16 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$8.58 Billion |
| % of Total Assets | 48.36% |
| Annual Growth Rate | 7.54% |
| 5-Year Change | 26.9% |
| 10-Year Change | 44.42% |
| Growth Volatility | 13.17 |
Companhia de Saneamento de Minas Gerais - Net Assets Trend (2000–2025)
This chart illustrates how Companhia de Saneamento de Minas Gerais'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 Saneamento de Minas Gerais (2000–2025)
The table below shows the annual net assets of Companhia de Saneamento de Minas Gerais from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$8.58 Billion | +6.59% |
| 2024-12-31 | R$8.05 Billion | +6.26% |
| 2023-12-31 | R$7.57 Billion | +4.40% |
| 2022-12-31 | R$7.25 Billion | +7.32% |
| 2021-12-31 | R$6.76 Billion | +4.70% |
| 2020-12-31 | R$6.46 Billion | -4.26% |
| 2019-12-31 | R$6.74 Billion | +8.30% |
| 2018-12-31 | R$6.23 Billion | -0.28% |
| 2017-12-31 | R$6.24 Billion | +5.13% |
| 2016-12-31 | R$5.94 Billion | +5.19% |
| 2015-12-31 | R$5.65 Billion | +1.99% |
| 2014-12-31 | R$5.54 Billion | +3.73% |
| 2013-12-31 | R$5.34 Billion | +8.16% |
| 2012-12-31 | R$4.93 Billion | +8.85% |
| 2011-12-31 | R$4.53 Billion | +7.38% |
| 2010-12-31 | R$4.22 Billion | +11.80% |
| 2009-12-31 | R$3.78 Billion | +16.15% |
| 2008-12-31 | R$3.25 Billion | -7.40% |
| 2007-12-31 | R$3.51 Billion | +7.81% |
| 2006-12-31 | R$3.26 Billion | +58.30% |
| 2005-12-31 | R$2.06 Billion | +8.21% |
| 2004-12-31 | R$1.90 Billion | +38.20% |
| 2003-12-31 | R$1.38 Billion | +4.25% |
| 2002-12-31 | R$1.32 Billion | -5.49% |
| 2001-12-31 | R$1.40 Billion | +0.15% |
| 2000-12-31 | R$1.39 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Companhia de Saneamento de Minas Gerais'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 293856600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$2.94 Billion | 34.26% |
| Common Stock | R$5.00 Billion | 58.29% |
| Other Comprehensive Income | R$648.31 Million | 7.56% |
| Total Equity | R$8.58 Billion | 100.00% |
Companhia de Saneamento de Minas Gerais Competitors by Market Cap
The table below lists competitors of Companhia de Saneamento de Minas Gerais ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KEIHAN HOLDINGS CO. LTD.
F:59X
|
$1.62 Billion |
|
Genmab AS
NASDAQ:GMAB
|
$1.62 Billion |
|
Bavarian Nordic A/S
PINK:BVNKF
|
$1.62 Billion |
|
FRESHWORKS CL.A DL-00001
F:7DF
|
$1.62 Billion |
|
The Chemours Company
MX:CC
|
$1.62 Billion |
|
Schneider National Inc
NYSE:SNDR
|
$1.62 Billion |
|
Shanghai Phichem Material Co Ltd Class A
SHE:300398
|
$1.61 Billion |
|
Wuxi Nce Power Co Ltd
SHG:605111
|
$1.61 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Companhia de Saneamento de Minas Gerais's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,048,229,000 to 8,578,303,000, a change of 530,074,000 (6.6%).
- Net income of 1,415,744,000 contributed positively to equity growth.
- Dividend payments of 827,570,000 reduced retained earnings.
- Share repurchases of 36,005,000 reduced equity.
- Other comprehensive income increased equity by 630,799,000.
- Other factors decreased equity by 652,894,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$1.42 Billion | +16.5% |
| Dividends Paid | R$827.57 Million | -9.65% |
| Share Repurchases | R$36.01 Million | -0.42% |
| Other Comprehensive Income | R$630.80 Million | +7.35% |
| Other Changes | R$-652.89 Million | -7.61% |
| Total Change | R$- | 6.59% |
Book Value vs Market Value Analysis
This analysis compares Companhia de Saneamento de Minas Gerais'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: 2.30x
- 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 9.59x to 2.30x 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$5.43 | R$52.07 | x |
| 2005-12-31 | R$5.88 | R$52.07 | x |
| 2006-12-31 | R$9.30 | R$52.07 | x |
| 2007-12-31 | R$10.03 | R$52.07 | x |
| 2008-12-31 | R$9.61 | R$52.07 | x |
| 2009-12-31 | R$10.37 | R$52.07 | x |
| 2010-12-31 | R$11.59 | R$52.07 | x |
| 2011-12-31 | R$12.46 | R$52.07 | x |
| 2012-12-31 | R$13.56 | R$52.07 | x |
| 2013-12-31 | R$14.67 | R$52.07 | x |
| 2014-12-31 | R$15.24 | R$52.07 | x |
| 2015-12-31 | R$15.52 | R$52.07 | x |
| 2016-12-31 | R$16.22 | R$52.07 | x |
| 2017-12-31 | R$16.42 | R$52.07 | x |
| 2018-12-31 | R$16.42 | R$52.07 | x |
| 2019-12-31 | R$17.78 | R$52.07 | x |
| 2020-12-31 | R$17.03 | R$52.07 | x |
| 2021-12-31 | R$17.83 | R$52.07 | x |
| 2022-12-31 | R$19.13 | R$52.07 | x |
| 2023-12-31 | R$19.97 | R$52.07 | x |
| 2024-12-31 | R$21.23 | R$52.07 | x |
| 2025-12-31 | R$22.62 | R$52.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Companhia de Saneamento de Minas Gerais utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.50%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.00%
- • Asset Turnover: 0.47x
- • Equity Multiplier: 2.07x
- Recent ROE (16.50%) is above the historical average (10.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 6.84% | 8.48% | 0.42x | 1.93x | R$-43.47 Million |
| 2004 | 13.31% | 21.18% | 0.37x | 1.69x | R$62.89 Million |
| 2005 | 14.03% | 19.55% | 0.41x | 1.74x | R$82.87 Million |
| 2006 | 10.94% | 21.19% | 0.34x | 1.51x | R$30.73 Million |
| 2007 | 9.38% | 17.67% | 0.32x | 1.64x | R$-21.81 Million |
| 2008 | 11.85% | 19.79% | 0.33x | 1.82x | R$63.78 Million |
| 2009 | 13.75% | 15.88% | 0.47x | 1.85x | R$141.58 Million |
| 2010 | 15.86% | 20.68% | 0.44x | 1.72x | R$247.56 Million |
| 2011 | 10.25% | 14.40% | 0.39x | 1.82x | R$11.15 Million |
| 2012 | 9.76% | 13.97% | 0.38x | 1.84x | R$-11.77 Million |
| 2013 | 7.87% | 11.24% | 0.40x | 1.76x | R$-113.94 Million |
| 2014 | 5.75% | 7.70% | 0.41x | 1.84x | R$-235.52 Million |
| 2015 | -0.21% | -0.30% | 0.35x | 1.94x | R$-576.28 Million |
| 2016 | 7.31% | 10.77% | 0.37x | 1.84x | R$-159.81 Million |
| 2017 | 8.98% | 12.95% | 0.40x | 1.73x | R$-64.00 Million |
| 2018 | 9.29% | 12.22% | 0.42x | 1.80x | R$-43.96 Million |
| 2019 | 11.19% | 14.63% | 0.45x | 1.71x | R$80.00 Million |
| 2020 | 12.65% | 15.28% | 0.45x | 1.82x | R$170.82 Million |
| 2021 | 7.95% | 9.12% | 0.46x | 1.88x | R$-138.41 Million |
| 2022 | 11.63% | 13.65% | 0.47x | 1.82x | R$117.91 Million |
| 2023 | 18.21% | 18.63% | 0.52x | 1.87x | R$621.96 Million |
| 2024 | 16.36% | 16.72% | 0.51x | 1.93x | R$512.10 Million |
| 2025 | 16.50% | 17.00% | 0.47x | 2.07x | R$557.91 Million |
Industry Comparison
This section compares Companhia de Saneamento de Minas Gerais's net assets metrics with peer companies in the Utilities - Regulated Water industry.
Industry Context
- Industry: Utilities - Regulated Water
- Average net assets among peers: $2,570,073,000
- Average return on equity (ROE) among peers: 6.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Companhia de Saneamento de Minas Gerais (CSMG3) | R$8.58 Billion | 6.84% | 1.07x | $1.62 Billion |
| CASAN - Companhia Catarinense de Aguas e Saneamento (CASN3) | $1.34 Billion | 2.12% | 1.16x | $145.28K |
| Companhia de Saneamento do Paraná - SANEPAR (SAPR3) | $3.80 Billion | 11.09% | 0.99x | $438.22 Million |