Cyrela Brazil Realty S.A. Empreendimentos e Participações
Cyrela Brazil Realty S.A. Empreendimentos e Participações engages in the development and construction of residential properties in Brazil. The company also provides real estate services, such as construction management and technical consultancy services. Cyrela Brazil Realty S.A. Empreendimentos e Participações was founded in 1962 and is headquartered in São Paulo, Brazil.
Cyrela Brazil Realty S.A. Empreendimentos e Participações (CYRE3) - Net Assets
Latest net assets as of September 2025: R$11.49 Billion BRL
Based on the latest financial reports, Cyrela Brazil Realty S.A. Empreendimentos e Participações (CYRE3) has net assets worth R$11.49 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$24.95 Billion) and total liabilities (R$13.46 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$11.49 Billion |
| % of Total Assets | 46.05% |
| Annual Growth Rate | 16.78% |
| 5-Year Change | 71.64% |
| 10-Year Change | 48.97% |
| Growth Volatility | 46.56 |
Cyrela Brazil Realty S.A. Empreendimentos e Participações - Net Assets Trend (2000–2024)
This chart illustrates how Cyrela Brazil Realty S.A. Empreendimentos e Participações's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cyrela Brazil Realty S.A. Empreendimentos e Participações (2000–2024)
The table below shows the annual net assets of Cyrela Brazil Realty S.A. Empreendimentos e Participações from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$9.95 Billion | +17.05% |
| 2023-12-31 | R$8.50 Billion | +10.40% |
| 2022-12-31 | R$7.70 Billion | +13.19% |
| 2021-12-31 | R$6.80 Billion | +17.34% |
| 2020-12-31 | R$5.80 Billion | +12.00% |
| 2019-12-31 | R$5.18 Billion | -6.54% |
| 2018-12-31 | R$5.54 Billion | -13.00% |
| 2017-12-31 | R$6.37 Billion | -5.93% |
| 2016-12-31 | R$6.77 Billion | +1.32% |
| 2015-12-31 | R$6.68 Billion | +4.88% |
| 2014-12-31 | R$6.37 Billion | +2.81% |
| 2013-12-31 | R$6.19 Billion | +10.04% |
| 2012-12-31 | R$5.63 Billion | +14.34% |
| 2011-12-31 | R$4.92 Billion | +5.14% |
| 2010-12-31 | R$4.68 Billion | +14.04% |
| 2009-12-31 | R$4.11 Billion | +70.37% |
| 2008-12-31 | R$2.41 Billion | +6.18% |
| 2007-12-31 | R$2.27 Billion | +10.77% |
| 2006-12-31 | R$2.05 Billion | +86.71% |
| 2005-12-31 | R$1.10 Billion | +220.99% |
| 2004-12-31 | R$341.86 Million | +11.71% |
| 2003-12-31 | R$306.02 Million | +8.58% |
| 2002-12-31 | R$281.85 Million | +14.42% |
| 2001-12-31 | R$246.33 Million | +2.55% |
| 2000-12-31 | R$240.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cyrela Brazil Realty S.A. Empreendimentos e Participações'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 6497.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$5.05 Billion | 56.81% |
| Common Stock | R$3.69 Billion | 41.43% |
| Other Comprehensive Income | R$422.02 Million | 4.74% |
| Total Equity | R$8.89 Billion | 100.00% |
Cyrela Brazil Realty S.A. Empreendimentos e Participações Competitors by Market Cap
The table below lists competitors of Cyrela Brazil Realty S.A. Empreendimentos e Participações ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GUYANA FRONTIER
F:58S
|
$1.12 Billion |
|
Fraser Neave Holdings Bhd
KLSE:3689
|
$1.12 Billion |
|
Alpha Bank SA
PINK:ALBKY
|
$1.12 Billion |
|
PROS Holdings Inc
NYSE:PRO
|
$1.12 Billion |
|
ISC Co. Ltd
KQ:095340
|
$1.12 Billion |
|
J+J SNACK FOODS
MU:JJ1
|
$1.12 Billion |
|
Everi Holdings Inc
NYSE:EVRI
|
$1.12 Billion |
|
SYLVAMO CORP. DL 100
F:88L
|
$1.12 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cyrela Brazil Realty S.A. Empreendimentos e Participações's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,690,341,000 to 8,894,662,000, a change of 1,204,321,000 (15.7%).
- Net income of 1,648,996,000 contributed positively to equity growth.
- Dividend payments of 223,746,000 reduced retained earnings.
- Share repurchases of 152,379,000 reduced equity.
- Other comprehensive income increased equity by 99,341,000.
- Other factors decreased equity by 167,891,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$1.65 Billion | +18.54% |
| Dividends Paid | R$223.75 Million | -2.52% |
| Share Repurchases | R$152.38 Million | -1.71% |
| Other Comprehensive Income | R$99.34 Million | +1.12% |
| Other Changes | R$-167.89 Million | -1.89% |
| Total Change | R$- | 15.66% |
Book Value vs Market Value Analysis
This analysis compares Cyrela Brazil Realty S.A. Empreendimentos e Participações'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: 1.10x
- 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 29.24x to 1.10x 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$0.91 | R$26.58 | x |
| 2005-12-31 | R$2.87 | R$26.58 | x |
| 2006-12-31 | R$5.50 | R$26.58 | x |
| 2007-12-31 | R$5.82 | R$26.58 | x |
| 2008-12-31 | R$5.96 | R$26.58 | x |
| 2009-12-31 | R$9.27 | R$26.58 | x |
| 2010-12-31 | R$10.40 | R$26.58 | x |
| 2011-12-31 | R$11.06 | R$26.58 | x |
| 2012-12-31 | R$12.14 | R$26.58 | x |
| 2013-12-31 | R$13.19 | R$26.58 | x |
| 2014-12-31 | R$14.07 | R$26.58 | x |
| 2015-12-31 | R$15.29 | R$26.58 | x |
| 2016-12-31 | R$15.82 | R$26.58 | x |
| 2017-12-31 | R$15.59 | R$26.58 | x |
| 2018-12-31 | R$13.40 | R$26.58 | x |
| 2019-12-31 | R$12.39 | R$26.58 | x |
| 2020-12-31 | R$14.32 | R$26.58 | x |
| 2021-12-31 | R$16.12 | R$26.58 | x |
| 2022-12-31 | R$18.95 | R$26.58 | x |
| 2023-12-31 | R$20.51 | R$26.58 | x |
| 2024-12-31 | R$24.27 | R$26.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cyrela Brazil Realty S.A. Empreendimentos e Participações 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): 18.54%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.70%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 2.39x
- Recent ROE (18.54%) is above the historical average (13.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 21.72% | 26.31% | 0.40x | 2.09x | R$26.79 Million |
| 2001 | 11.87% | 15.48% | 0.35x | 2.18x | R$4.41 Million |
| 2002 | 17.45% | 29.07% | 0.28x | 2.14x | R$20.25 Million |
| 2003 | 11.16% | 21.47% | 0.25x | 2.10x | R$3.43 Million |
| 2004 | 14.25% | 18.28% | 0.35x | 2.22x | R$13.71 Million |
| 2005 | 12.54% | 18.55% | 0.39x | 1.74x | R$25.92 Million |
| 2006 | 12.43% | 21.70% | 0.37x | 1.56x | R$47.43 Million |
| 2007 | 20.39% | 21.12% | 0.42x | 2.28x | R$215.07 Million |
| 2008 | 13.09% | 9.75% | 0.38x | 3.56x | R$65.61 Million |
| 2009 | 21.46% | 20.23% | 0.39x | 2.74x | R$441.62 Million |
| 2010 | 15.83% | 14.01% | 0.41x | 2.78x | R$252.42 Million |
| 2011 | 10.96% | 8.13% | 0.46x | 2.95x | R$43.70 Million |
| 2012 | 13.04% | 11.72% | 0.41x | 2.69x | R$153.92 Million |
| 2013 | 13.16% | 13.38% | 0.37x | 2.63x | R$172.67 Million |
| 2014 | 11.69% | 11.37% | 0.43x | 2.37x | R$95.59 Million |
| 2015 | 7.61% | 10.32% | 0.34x | 2.16x | R$-140.90 Million |
| 2016 | 2.52% | 4.74% | 0.27x | 1.98x | R$-450.00 Million |
| 2017 | -1.60% | -3.55% | 0.26x | 1.76x | R$-687.46 Million |
| 2018 | -1.64% | -2.68% | 0.32x | 1.91x | R$-599.22 Million |
| 2019 | 8.73% | 10.58% | 0.39x | 2.10x | R$-60.40 Million |
| 2020 | 31.98% | 46.04% | 0.33x | 2.08x | R$1.21 Billion |
| 2021 | 14.75% | 19.09% | 0.35x | 2.23x | R$294.55 Million |
| 2022 | 11.36% | 14.95% | 0.33x | 2.33x | R$96.71 Million |
| 2023 | 12.25% | 15.07% | 0.36x | 2.26x | R$173.06 Million |
| 2024 | 18.54% | 20.70% | 0.38x | 2.39x | R$759.53 Million |
Industry Comparison
This section compares Cyrela Brazil Realty S.A. Empreendimentos e Participações's net assets metrics with peer companies in the Residential Construction industry.
Industry Context
- Industry: Residential Construction
- Average net assets among peers: $1,558,878,000
- Average return on equity (ROE) among peers: -30.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cyrela Brazil Realty S.A. Empreendimentos e Participações (CYRE3) | R$11.49 Billion | 21.72% | 1.17x | $1.12 Billion |
| Gafisa S.A (GFSA3) | $2.38 Billion | 8.96% | 2.22x | $3.04 Million |
| Rossi Residencial S.A (RSID3) | $733.58 Million | -70.12% | 5.57x | $2.82 Million |