CVC Brasil Operadora e Agencia (CVCB3) - Net Assets
Based on the latest financial reports, CVC Brasil Operadora e Agencia (CVCB3) has net assets worth R$478.79 Million BRL (≈ $93.95 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$4.22 Billion ≈ $827.31 Million USD) and total liabilities (R$3.74 Billion ≈ $733.36 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 CVCB3 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$478.79 Million |
| % of Total Assets | 11.36% |
| Annual Growth Rate | N/A |
| 5-Year Change | 27.58% |
| 10-Year Change | -33.24% |
| Growth Volatility | 143.86 |
CVC Brasil Operadora e Agencia - Net Assets Trend (2009–2025)
This chart illustrates how CVC Brasil Operadora e Agencia's net assets have evolved over time, based on quarterly financial data. See how many days can CVC Brasil Operadora e Agencia fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for CVC Brasil Operadora e Agencia (2009–2025)
The table below shows the annual net assets of CVC Brasil Operadora e Agencia from 2009 to 2025. For live valuation and market cap data, see CVC Brasil Operadora e Agencia market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$478.79 Million ≈ $93.95 Million |
-9.94% |
| 2024-12-31 | R$531.63 Million ≈ $104.32 Million |
-12.55% |
| 2023-12-31 | R$607.96 Million ≈ $119.29 Million |
+92.10% |
| 2022-12-31 | R$316.48 Million ≈ $62.10 Million |
-15.67% |
| 2021-12-31 | R$375.29 Million ≈ $73.64 Million |
+550.89% |
| 2020-12-31 | R$57.66 Million ≈ $11.31 Million |
-92.79% |
| 2019-12-31 | R$799.20 Million ≈ $156.82 Million |
+7.57% |
| 2018-12-31 | R$742.99 Million ≈ $145.79 Million |
-24.05% |
| 2017-12-31 | R$978.25 Million ≈ $191.95 Million |
+36.39% |
| 2016-12-31 | R$717.22 Million ≈ $140.73 Million |
+8.45% |
| 2015-12-31 | R$661.35 Million ≈ $129.77 Million |
+44.14% |
| 2014-12-31 | R$458.83 Million ≈ $90.03 Million |
+45.07% |
| 2013-12-31 | R$316.28 Million ≈ $62.06 Million |
+50.16% |
| 2012-12-31 | R$210.63 Million ≈ $41.33 Million |
+23.69% |
| 2011-12-31 | R$170.29 Million ≈ $33.41 Million |
+179.53% |
| 2010-12-31 | R$60.92 Million ≈ $11.95 Million |
+170.29% |
| 2009-12-31 | R$-86.67 Million ≈ $-17.01 Million |
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Equity Component Analysis
This analysis shows how different components contribute to CVC Brasil Operadora e Agencia'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 decreased by 174736000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | R$1.76 Billion | 366.60% |
| Other Comprehensive Income | R$1.12 Billion | 234.42% |
| Total Equity | R$478.79 Million | 100.00% |
CVC Brasil Operadora e Agencia Competitors by Market Cap
The table below lists competitors of CVC Brasil Operadora e Agencia ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Orma Orman Mahsulleri Integre Sanayi ve Ticaret AS
IS:ORMA
|
$126.72 Million |
|
ENIGMATIG LIMITED
NYSE MKT:EGG
|
$126.76 Million |
|
Cannara Biotech Inc
V:LOVE
|
$126.80 Million |
|
Silver X Mining Corp
V:AGX
|
$126.80 Million |
|
Humanica Public Company Limited
BK:HUMAN
|
$126.67 Million |
|
CASH CONVERTERS INTL
F:UKC
|
$126.65 Million |
|
Thai Sugar Terminal Public Company Limited
BK:TSTE
|
$126.65 Million |
|
Victoria Investama Tbk
JK:VICO
|
$126.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CVC Brasil Operadora e Agencia's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 531,632,000 to 478,791,000, a change of -52,841,000 (-9.9%).
- Net loss of 40,935,000 reduced equity.
- Share repurchases of 9,697,000 reduced equity.
- Other comprehensive income decreased equity by 2,208,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$-40.94 Million | -8.55% |
| Share Repurchases | R$9.70 Million | -2.03% |
| Other Comprehensive Income | R$-2.21 Million | -0.46% |
| Other Changes | R$-1.00 | -0.0% |
| Total Change | R$- | -9.94% |
Book Value vs Market Value Analysis
This analysis compares CVC Brasil Operadora e Agencia'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: 1.36x
- 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 9.61x to 1.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | R$0.13 | R$1.24 | x |
| 2011-12-31 | R$0.36 | R$1.24 | x |
| 2012-12-31 | R$1.34 | R$1.24 | x |
| 2013-12-31 | R$2.01 | R$1.24 | x |
| 2014-12-31 | R$2.88 | R$1.24 | x |
| 2015-12-31 | R$3.49 | R$1.24 | x |
| 2016-12-31 | R$3.77 | R$1.24 | x |
| 2017-12-31 | R$4.63 | R$1.24 | x |
| 2018-12-31 | R$6.09 | R$1.24 | x |
| 2019-12-31 | R$4.75 | R$1.24 | x |
| 2020-12-31 | R$0.27 | R$1.24 | x |
| 2021-12-31 | R$1.82 | R$1.24 | x |
| 2022-12-31 | R$1.25 | R$1.24 | x |
| 2023-12-31 | R$1.63 | R$1.24 | x |
| 2024-12-31 | R$1.01 | R$1.24 | x |
| 2025-12-31 | R$0.91 | R$1.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CVC Brasil Operadora e Agencia 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): -8.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.75%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 8.81x
- Recent ROE (-8.55%) is above the historical average (-164.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 122.98% | 15.31% | 0.33x | 24.14x | R$68.83 Million |
| 2011 | 64.54% | 18.44% | 0.38x | 9.21x | R$92.88 Million |
| 2012 | 9.55% | 3.23% | 0.36x | 8.17x | R$-951.20K |
| 2013 | 35.31% | 17.42% | 0.31x | 6.54x | R$80.05 Million |
| 2014 | 31.76% | 20.40% | 0.31x | 5.00x | R$99.86 Million |
| 2015 | 30.07% | 19.41% | 0.31x | 5.00x | R$114.26 Million |
| 2016 | 28.36% | 16.70% | 0.32x | 5.31x | R$115.04 Million |
| 2017 | 28.19% | 18.89% | 0.24x | 6.25x | R$144.47 Million |
| 2018 | 11.56% | 8.21% | 0.26x | 5.37x | R$17.03 Million |
| 2019 | -0.51% | -0.23% | 0.25x | 8.95x | R$-80.97 Million |
| 2020 | -2626.49% | -191.51% | 0.12x | 111.87x | R$-1.20 Billion |
| 2021 | -126.93% | -57.68% | 0.17x | 13.21x | R$-513.87 Million |
| 2022 | -136.96% | -35.48% | 0.31x | 12.38x | R$-465.09 Million |
| 2023 | -75.15% | -31.89% | 0.36x | 6.63x | R$-517.68 Million |
| 2024 | -19.44% | -7.27% | 0.37x | 7.22x | R$-156.50 Million |
| 2025 | -8.55% | -2.75% | 0.35x | 8.81x | R$-88.81 Million |
Industry Comparison
This section compares CVC Brasil Operadora e Agencia's net assets metrics with peer companies in the Travel Services industry.
No peer company data available for comparison.
About CVC Brasil Operadora e Agencia
CVC Brasil Operadora e Agência de Viagens S.A., together with its subsidiaries, provides tourism services in Brazil and internationally. The company offers services in the areas of accommodation, entertainment, land and air transportation, cruises seafarers, cultural and professional exchange, and others. It operates under Almundo.com, Biblos, CVC, and Ola brands. CVC Brasil Operadora e Agência d… Read more