Direcional Engenharia S.A. Net Assets
Direcional Engenharia S.A. net assets. Based on the latest financial reports, Direcional Engenharia S.A. (DIRR3) has net assets worth R$2.72 Billion BRL (≈ $533.75 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$12.42 Billion ≈ $2.44 Billion USD) and total liabilities (R$9.70 Billion ≈ $1.90 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. Also explore Direcional Engenharia S.A. equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$2.72 Billion |
| % of Total Assets | 21.91% |
| Annual Growth Rate | 19.46% |
| 5-Year Change | 65.95% |
| 10-Year Change | 25.11% |
| Growth Volatility | 56.82 |
Net Assets of Direcional Engenharia S.A. (2004–2024)
Net assets of Direcional Engenharia S.A. from 2004 to 2024. This chart illustrates how Direcional Engenharia S.A.'s net assets have evolved over time, based on quarterly financial data. See Direcional Engenharia S.A. balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for Direcional Engenharia S.A. (2004–2024)
The table below shows the annual net assets of Direcional Engenharia S.A. from 2004 to 2024. For live market cap and overall valuation, see Direcional Engenharia S.A. stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$2.22 Billion ≈ $436.34 Million |
+5.36% |
| 2023-12-31 | R$2.11 Billion ≈ $414.14 Million |
+45.59% |
| 2022-12-31 | R$1.45 Billion ≈ $284.46 Million |
+1.06% |
| 2021-12-31 | R$1.43 Billion ≈ $281.47 Million |
+7.05% |
| 2020-12-31 | R$1.34 Billion ≈ $262.93 Million |
-2.14% |
| 2019-12-31 | R$1.37 Billion ≈ $268.69 Million |
-1.72% |
| 2018-12-31 | R$1.39 Billion ≈ $273.39 Million |
-13.15% |
| 2017-12-31 | R$1.60 Billion ≈ $314.80 Million |
-8.19% |
| 2016-12-31 | R$1.75 Billion ≈ $342.87 Million |
-1.69% |
| 2015-12-31 | R$1.78 Billion ≈ $348.77 Million |
+2.42% |
| 2014-12-31 | R$1.74 Billion ≈ $340.54 Million |
+8.37% |
| 2013-12-31 | R$1.60 Billion ≈ $314.23 Million |
+5.68% |
| 2012-12-31 | R$1.52 Billion ≈ $297.33 Million |
+22.95% |
| 2011-12-31 | R$1.23 Billion ≈ $241.84 Million |
+48.88% |
| 2010-12-31 | R$827.86 Million ≈ $162.44 Million |
+22.31% |
| 2009-12-31 | R$676.86 Million ≈ $132.81 Million |
+111.68% |
| 2008-12-31 | R$319.76 Million ≈ $62.74 Million |
+245.31% |
| 2007-12-31 | R$92.60 Million ≈ $18.17 Million |
+18.91% |
| 2006-12-31 | R$77.87 Million ≈ $15.28 Million |
+10.54% |
| 2005-12-31 | R$70.45 Million ≈ $13.82 Million |
+11.05% |
| 2004-12-31 | R$63.44 Million ≈ $12.45 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Direcional Engenharia 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 1830.7% over the analyzed period, indicating profitable operations and earnings retention.
Direcional Engenharia S.A. Net Assets Breakdown (December 2024)
Direcional Engenharia S.A. net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$711.71 Million | 35.31% |
| Common Stock | R$1.16 Billion | 57.55% |
| Other Comprehensive Income | R$-46.27 Million | -2.30% |
| Other Components | R$190.15 Million | 9.43% |
| Total Equity | R$2.02 Billion | 100.00% |
Direcional Engenharia S.A. Competitors by Market Cap
The table below lists competitors of Direcional Engenharia S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Asiainfo Security Technologies Corp. A
SHG:688225
|
$894.99 Million |
|
Hunan Changgao High Voltage Switchgear Group Co Ltd
SHE:002452
|
$895.03 Million |
|
Cikarang Listrindo Tbk PT
JK:POWR
|
$895.11 Million |
|
Ningbo Kbe Electrical Technology Co
SHE:300863
|
$895.20 Million |
|
Entero Healthcare Solutions Ltd.
NSE:ENTERO
|
$894.49 Million |
|
GrocerIQ, Inc
NYSE:WPFHD
|
$894.41 Million |
|
Array Technologies Inc
NASDAQ:ARRY
|
$894.34 Million |
|
Synsam AB
ST:SYNSAM
|
$893.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Direcional Engenharia S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,953,405,000 to 2,015,457,000, a change of 62,052,000 (3.2%).
- Net income of 638,378,000 contributed positively to equity growth.
- Dividend payments of 358,379,000 reduced retained earnings.
- Other comprehensive income increased equity by 939,000.
- Other factors decreased equity by 218,886,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$638.38 Million | +31.67% |
| Dividends Paid | R$358.38 Million | -17.78% |
| Other Comprehensive Income | R$939.00K | +0.05% |
| Other Changes | R$-218.89 Million | -10.86% |
| Total Change | R$- | 3.18% |
Book Value vs Market Value Analysis
This analysis compares Direcional Engenharia 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: 2.29x
- 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 43.86x to 2.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | R$0.20 | R$8.79 | x |
| 2007-12-31 | R$0.24 | R$8.79 | x |
| 2008-12-31 | R$0.79 | R$8.79 | x |
| 2009-12-31 | R$2.00 | R$8.79 | x |
| 2010-12-31 | R$1.90 | R$8.79 | x |
| 2011-12-31 | R$2.51 | R$8.79 | x |
| 2012-12-31 | R$2.83 | R$8.79 | x |
| 2013-12-31 | R$3.18 | R$8.79 | x |
| 2014-12-31 | R$3.51 | R$8.79 | x |
| 2015-12-31 | R$3.73 | R$8.79 | x |
| 2016-12-31 | R$3.62 | R$8.79 | x |
| 2017-12-31 | R$3.31 | R$8.79 | x |
| 2018-12-31 | R$2.91 | R$8.79 | x |
| 2019-12-31 | R$2.81 | R$8.79 | x |
| 2020-12-31 | R$2.74 | R$8.79 | x |
| 2021-12-31 | R$2.91 | R$8.79 | x |
| 2022-12-31 | R$2.87 | R$8.79 | x |
| 2023-12-31 | R$3.99 | R$8.79 | x |
| 2024-12-31 | R$3.84 | R$8.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Direcional Engenharia 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): 31.67%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.06%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 5.00x
- Recent ROE (31.67%) is above the historical average (12.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 19.53% | 23.98% | 0.55x | 1.49x | R$7.42 Million |
| 2007 | 26.84% | 23.81% | 0.47x | 2.41x | R$15.59 Million |
| 2008 | 20.95% | 24.48% | 0.45x | 1.88x | R$33.67 Million |
| 2009 | 12.05% | 20.95% | 0.35x | 1.66x | R$13.45 Million |
| 2010 | 20.99% | 21.30% | 0.47x | 2.12x | R$87.20 Million |
| 2011 | 15.15% | 16.34% | 0.44x | 2.12x | R$59.54 Million |
| 2012 | 16.95% | 15.53% | 0.46x | 2.40x | R$92.24 Million |
| 2013 | 15.49% | 13.09% | 0.51x | 2.33x | R$80.91 Million |
| 2014 | 12.74% | 11.22% | 0.46x | 2.45x | R$44.27 Million |
| 2015 | 7.51% | 7.88% | 0.40x | 2.36x | R$-40.91 Million |
| 2016 | -0.74% | -0.87% | 0.33x | 2.57x | R$-171.28 Million |
| 2017 | -9.88% | -19.12% | 0.18x | 2.85x | R$-289.28 Million |
| 2018 | -6.04% | -6.65% | 0.25x | 3.63x | R$-205.76 Million |
| 2019 | 7.99% | 6.89% | 0.31x | 3.70x | R$-25.22 Million |
| 2020 | 9.22% | 7.53% | 0.29x | 4.16x | R$-9.56 Million |
| 2021 | 11.46% | 8.25% | 0.31x | 4.42x | R$18.72 Million |
| 2022 | 14.73% | 8.79% | 0.33x | 5.03x | R$61.02 Million |
| 2023 | 16.97% | 14.08% | 0.31x | 3.88x | R$136.22 Million |
| 2024 | 31.67% | 19.06% | 0.33x | 5.00x | R$436.83 Million |
Industry Comparison
This section compares Direcional Engenharia 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: $1,101,680,000
- Average return on equity (ROE) among peers: 16.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Direcional Engenharia S.A. (DIRR3) | R$2.72 Billion | 19.53% | 3.56x | $894.57 Million |
| Cury Construtora e Incorporadora S.A (CURY3) | $738.33 Million | 40.60% | 2.52x | $1.64 Billion |
| Even Construtora e Incorporadora S.A (EVEN3) | $2.19 Billion | 10.83% | 1.38x | $136.65 Million |
| EZTEC Empreendimentos e Participações S.A (EZTC3) | $2.71 Billion | 16.41% | 0.22x | $515.93 Million |
| JHSF Participações S.A. (JHSF3) | $2.66 Billion | 4.07% | 1.46x | $1.31 Billion |
| MRV Engenharia e Participações S.A (MRVE3) | $5.11 Billion | 13.51% | 1.87x | $491.44 Million |
| PDG Realty S.A. Empreendimentos e Participações (PDGR3) | $-4.92 Billion | 0.00% | 0.00x | $135.46K |
| Plano & Plano Desenvolvimento Imobiliário S.A (PLPL3) | $410.24 Million | 32.59% | 2.95x | $184.74 Million |
| RNI Negócios Imobiliários S.A (RDNI3) | $898.77 Million | 9.39% | 1.24x | $17.72 Million |
| Tecnisa S.A (TCSA3) | $117.14 Million | 21.67% | 1.46x | $78.29 Million |
About Direcional Engenharia S.A.
Direcional Engenharia S.A. engages in the development and construction of real estate properties in Brazil. It primarily develops and constructs projects for low-income and middle-income families. The company was incorporated in 1981 and is based in Belo Horizonte, Brazil.