Cury Construtora e Incorporadora S.A
Cury Construtora e Incorporadora S.A. operates in real estate businesses in Brazil. The company sells real estate units; and offers real estate agent and brokers, and credit analysis services. It also provides construction, management, real estate administration, and electrical and hydraulic installation services. The company was founded in 1963 and is headquartered in São Paulo, Brazil.
Cury Construtora e Incorporadora S.A (CURY3) - Net Assets
Latest net assets as of September 2025: R$1.64 Billion BRL
Based on the latest financial reports, Cury Construtora e Incorporadora S.A (CURY3) has net assets worth R$1.64 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$5.63 Billion) and total liabilities (R$3.99 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$1.64 Billion |
| % of Total Assets | 29.16% |
| Annual Growth Rate | 12.17% |
| 5-Year Change | 103.86% |
| 10-Year Change | 204.37% |
| Growth Volatility | 25.36 |
Cury Construtora e Incorporadora S.A - Net Assets Trend (2012–2024)
This chart illustrates how Cury Construtora e Incorporadora 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 Cury Construtora e Incorporadora S.A (2012–2024)
The table below shows the annual net assets of Cury Construtora e Incorporadora S.A from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$1.31 Billion | +31.35% |
| 2023-12-31 | R$996.98 Million | +13.58% |
| 2022-12-31 | R$877.75 Million | +18.88% |
| 2021-12-31 | R$738.33 Million | +14.94% |
| 2020-12-31 | R$642.39 Million | +76.58% |
| 2019-12-31 | R$363.80 Million | +4.95% |
| 2018-12-31 | R$346.65 Million | +2.95% |
| 2017-12-31 | R$336.70 Million | +6.84% |
| 2016-12-31 | R$315.15 Million | -26.75% |
| 2015-12-31 | R$430.25 Million | -20.20% |
| 2014-12-31 | R$539.15 Million | +24.80% |
| 2013-12-31 | R$432.01 Million | +30.82% |
| 2012-12-31 | R$330.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cury Construtora e Incorporadora 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 250.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$599.03 Million | 54.68% |
| Common Stock | R$491.05 Million | 44.83% |
| Other Components | R$5.39 Million | 0.49% |
| Total Equity | R$1.10 Billion | 100.00% |
Cury Construtora e Incorporadora S.A Competitors by Market Cap
The table below lists competitors of Cury Construtora e Incorporadora S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Porton Fine Chemicals Ltd
SHE:300363
|
$900.30 Million |
|
Zhejiang Fenglong Electric Co Ltd Class A
SHE:002931
|
$900.63 Million |
|
Pharvaris BV
NASDAQ:PHVS
|
$901.02 Million |
|
Guangzhou Development Group Inc
SHG:600098
|
$902.01 Million |
|
Hubei TKD Crystal Electn
SHG:603738
|
$900.08 Million |
|
Changzheng Engineering Co Ltd
SHG:603698
|
$899.67 Million |
|
Guizhou Panjiang Refined Coal Co Ltd
SHG:600395
|
$899.58 Million |
|
Machvision Inc
TW:3563
|
$899.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cury Construtora e Incorporadora S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 864,965,000 to 1,095,470,000, a change of 230,505,000 (26.6%).
- Net income of 649,843,000 contributed positively to equity growth.
- Dividend payments of 483,537,000 reduced retained earnings.
- Other factors increased equity by 64,199,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$649.84 Million | +59.32% |
| Dividends Paid | R$483.54 Million | -44.14% |
| Other Changes | R$64.20 Million | +5.86% |
| Total Change | R$- | 26.65% |
Book Value vs Market Value Analysis
This analysis compares Cury Construtora e Incorporadora 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: 9.51x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 9.86x to 9.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | R$3.65 | R$35.94 | x |
| 2013-12-31 | R$3.55 | R$35.94 | x |
| 2014-12-31 | R$3.99 | R$35.94 | x |
| 2015-12-31 | R$2.30 | R$35.94 | x |
| 2016-12-31 | R$1.12 | R$35.94 | x |
| 2017-12-31 | R$0.73 | R$35.94 | x |
| 2018-12-31 | R$0.73 | R$35.94 | x |
| 2019-12-31 | R$0.73 | R$35.94 | x |
| 2020-12-31 | R$1.68 | R$35.94 | x |
| 2021-12-31 | R$2.03 | R$35.94 | x |
| 2022-12-31 | R$2.58 | R$35.94 | x |
| 2023-12-31 | R$2.98 | R$35.94 | x |
| 2024-12-31 | R$3.78 | R$35.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cury Construtora e Incorporadora 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): 59.32%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.55%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 3.96x
- Recent ROE (59.32%) is above the historical average (48.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 32.00% | 16.55% | 0.69x | 2.80x | R$55.06 Million |
| 2013 | 35.84% | 14.25% | 1.01x | 2.50x | R$75.76 Million |
| 2014 | 34.90% | 14.96% | 0.93x | 2.50x | R$95.98 Million |
| 2015 | 45.78% | 15.24% | 0.78x | 3.83x | R$102.47 Million |
| 2016 | 44.91% | 11.25% | 0.73x | 5.47x | R$70.73 Million |
| 2017 | 53.18% | 13.86% | 0.64x | 6.01x | R$91.62 Million |
| 2018 | 61.54% | 14.24% | 0.81x | 5.31x | R$109.71 Million |
| 2019 | 74.96% | 15.71% | 0.79x | 6.03x | R$138.77 Million |
| 2020 | 32.85% | 14.05% | 0.70x | 3.36x | R$111.87 Million |
| 2021 | 50.71% | 17.24% | 0.67x | 4.40x | R$240.64 Million |
| 2022 | 43.88% | 14.61% | 0.81x | 3.72x | R$254.71 Million |
| 2023 | 55.70% | 16.69% | 0.93x | 3.57x | R$395.27 Million |
| 2024 | 59.32% | 16.55% | 0.90x | 3.96x | R$540.30 Million |
Industry Comparison
This section compares Cury Construtora e Incorporadora S.A's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $1,725,262,333
- Average return on equity (ROE) among peers: 6.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cury Construtora e Incorporadora S.A (CURY3) | R$1.64 Billion | 32.00% | 2.43x | $900.19 Million |
| Alphaville S.A (AVLL3) | $-771.73 Million | 0.00% | 0.00x | $14.14 Million |
| Direcional Engenharia S.A. (DIRR3) | $319.76 Million | 20.15% | 0.81x | $731.83 Million |
| Even Construtora e Incorporadora S.A (EVEN3) | $1.81 Billion | -8.89% | 1.68x | $184.49 Million |
| EZTEC Empreendimentos e Participações S.A (EZTC3) | $1.41 Billion | 23.41% | 0.22x | $237.39 Million |
| Fica Empreendimentos Imobiliarios S.A (FIEI3) | $80.08 Million | -15.81% | 0.17x | $1.33 Million |
| JHSF Participações S.A. (JHSF3) | $2.66 Billion | 4.07% | 1.46x | $413.50 Million |
| MRV Engenharia e Participações S.A (MRVE3) | $3.05 Billion | 20.78% | 1.22x | $395.75 Million |
| Mitre Realty Empreendimentos e Participações S.A (MTRE3) | $1.00 Billion | 3.47% | 1.05x | $38.43 Million |
| PDG Realty S.A. Empreendimentos e Participações (PDGR3) | $5.96 Billion | 13.24% | 1.58x | $410.71K |