Eneva S.A
Eneva S.A., together with its subsidiaries, operates as an integrated power generation company in Brazil. It generates electricity through natural gas, steam, coal, and solar energy. The company also engages in the exploration, development, and production of natural gas through its concessions covering an area of approximately 60,000 square kilometers located in Parnaíba, Amazonas, Solimões, and … Read more
Eneva S.A (ENEV3) - Net Assets
Latest net assets as of December 2025: R$21.41 Billion BRL
Based on the latest financial reports, Eneva S.A (ENEV3) has net assets worth R$21.41 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$56.84 Billion) and total liabilities (R$35.43 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$21.41 Billion |
| % of Total Assets | 37.66% |
| Annual Growth Rate | N/A |
| 5-Year Change | 137.94% |
| 10-Year Change | 377.73% |
| Growth Volatility | 3536.59 |
Eneva S.A - Net Assets Trend (2004–2025)
This chart illustrates how Eneva 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 Eneva S.A (2004–2025)
The table below shows the annual net assets of Eneva S.A from 2004 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$21.41 Billion | +5.89% |
| 2024-12-31 | R$20.21 Billion | +35.33% |
| 2023-12-31 | R$14.94 Billion | +8.75% |
| 2022-12-31 | R$13.74 Billion | +52.68% |
| 2021-12-31 | R$9.00 Billion | +13.44% |
| 2020-12-31 | R$7.93 Billion | +14.94% |
| 2019-12-31 | R$6.90 Billion | +9.81% |
| 2018-12-31 | R$6.28 Billion | +16.89% |
| 2017-12-31 | R$5.38 Billion | +19.98% |
| 2016-12-31 | R$4.48 Billion | +25.26% |
| 2015-12-31 | R$3.58 Billion | +193.76% |
| 2014-12-31 | R$1.22 Billion | -52.69% |
| 2013-12-31 | R$2.57 Billion | -4.71% |
| 2012-12-31 | R$2.70 Billion | +97.15% |
| 2011-12-31 | R$1.37 Billion | -19.48% |
| 2010-12-31 | R$1.70 Billion | -9.45% |
| 2009-12-31 | R$1.88 Billion | -10.34% |
| 2008-12-31 | R$2.10 Billion | +15.23% |
| 2007-12-31 | R$1.82 Billion | +16246.37% |
| 2006-12-31 | R$11.13 Million | -13.85% |
| 2005-12-31 | R$12.92 Million | +1955.75% |
| 2004-12-31 | R$-696.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eneva 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 decreased by 11331700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | R$17.90 Billion | 90.29% |
| Other Comprehensive Income | R$2.26 Billion | 11.39% |
| Total Equity | R$19.82 Billion | 100.00% |
Eneva S.A Competitors by Market Cap
The table below lists competitors of Eneva S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zheshang Securities Co Ltd
SHG:601878
|
$3.23 Billion |
|
Avista Corporation
NYSE:AVA
|
$3.23 Billion |
|
Sichuan Huafeng Technology Co. Ltd. A
SHG:688629
|
$3.23 Billion |
|
La Francaise Des Jeux Sa
PA:FDJ
|
$3.24 Billion |
|
Arkema SA
PA:AKE
|
$3.23 Billion |
|
Taiwan Business Bank
TW:2834
|
$3.23 Billion |
|
Loongson Technology Corp. Ltd. A
SHG:688047
|
$3.23 Billion |
|
Americold Realty Trust
NYSE:COLD
|
$3.22 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eneva S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 18,909,488,000 to 19,822,386,000, a change of 912,898,000 (4.8%).
- Net income of 1,157,575,000 contributed positively to equity growth.
- Share repurchases of 223,621,000 reduced equity.
- Other comprehensive income increased equity by 2,257,667,000.
- Other factors decreased equity by 2,278,723,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$1.16 Billion | +5.84% |
| Share Repurchases | R$223.62 Million | -1.13% |
| Other Comprehensive Income | R$2.26 Billion | +11.39% |
| Other Changes | R$-2.28 Billion | -11.5% |
| Total Change | R$- | 4.83% |
Book Value vs Market Value Analysis
This analysis compares Eneva S.A's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.94x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | R$-0.03 | R$20.04 | x |
| 2005-12-31 | R$0.29 | R$20.04 | x |
| 2006-12-31 | R$0.23 | R$20.04 | x |
| 2007-12-31 | R$62.90 | R$20.04 | x |
| 2008-12-31 | R$71.22 | R$20.04 | x |
| 2009-12-31 | R$62.56 | R$20.04 | x |
| 2010-12-31 | R$56.13 | R$20.04 | x |
| 2011-12-31 | R$42.72 | R$20.04 | x |
| 2012-12-31 | R$71.85 | R$20.04 | x |
| 2013-12-31 | R$49.73 | R$20.04 | x |
| 2014-12-31 | R$25.03 | R$20.04 | x |
| 2015-12-31 | R$5.54 | R$20.04 | x |
| 2016-12-31 | R$6.21 | R$20.04 | x |
| 2017-12-31 | R$5.24 | R$20.04 | x |
| 2018-12-31 | R$5.00 | R$20.04 | x |
| 2019-12-31 | R$5.43 | R$20.04 | x |
| 2020-12-31 | R$6.25 | R$20.04 | x |
| 2021-12-31 | R$7.06 | R$20.04 | x |
| 2022-12-31 | R$9.80 | R$20.04 | x |
| 2023-12-31 | R$7.80 | R$20.04 | x |
| 2024-12-31 | R$11.31 | R$20.04 | x |
| 2025-12-31 | R$10.34 | R$20.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eneva 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): 5.84%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.29%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 2.87x
- Recent ROE (5.84%) is above the historical average (-10.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 0.00% | 0.00% | 0.00x | 0.00x | R$24.72 Million |
| 2005 | -24.31% | 0.00% | 0.00x | 2.14x | R$-2.89 Million |
| 2006 | -26.96% | 0.00% | 0.00x | 2.75x | R$-2.45 Million |
| 2007 | -5.73% | 0.00% | 0.00x | 1.16x | R$-286.03 Million |
| 2008 | 9.74% | 2517.93% | 0.00x | 1.65x | R$-5.51 Million |
| 2009 | -11.96% | -344.52% | 0.01x | 2.62x | R$-404.34 Million |
| 2010 | -15.42% | -259.63% | 0.02x | 3.79x | R$-421.43 Million |
| 2011 | -32.36% | -242.78% | 0.02x | 6.95x | R$-534.82 Million |
| 2012 | -17.07% | -892.08% | 0.01x | 3.15x | R$-690.16 Million |
| 2013 | -38.46% | -65.50% | 0.15x | 3.95x | R$-1.19 Billion |
| 2014 | -133.64% | -84.38% | 0.26x | 6.21x | R$-1.63 Billion |
| 2015 | 3.98% | 9.39% | 0.18x | 2.35x | R$-216.06 Million |
| 2016 | -2.41% | -5.00% | 0.21x | 2.31x | R$-557.47 Million |
| 2017 | 1.77% | 3.51% | 0.25x | 2.02x | R$-443.55 Million |
| 2018 | 14.10% | 28.37% | 0.25x | 1.95x | R$258.07 Million |
| 2019 | 8.70% | 19.15% | 0.23x | 2.01x | R$-89.45 Million |
| 2020 | 12.70% | 31.07% | 0.20x | 2.04x | R$214.19 Million |
| 2021 | 13.04% | 22.90% | 0.28x | 2.03x | R$273.29 Million |
| 2022 | 2.75% | 6.13% | 0.15x | 3.05x | R$-992.06 Million |
| 2023 | 1.76% | 2.16% | 0.23x | 3.53x | R$-1.02 Billion |
| 2024 | 0.22% | 0.37% | 0.22x | 2.79x | R$-1.85 Billion |
| 2025 | 5.84% | 6.29% | 0.32x | 2.87x | R$-824.66 Million |
Industry Comparison
This section compares Eneva S.A's net assets metrics with peer companies in the Utilities - Diversified industry.
Industry Context
- Industry: Utilities - Diversified
- Average net assets among peers: $8,164,000,000
- Average return on equity (ROE) among peers: 4.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eneva S.A (ENEV3) | R$21.41 Billion | 0.00% | 1.66x | $3.23 Billion |
| Companhia Energética de Minas Gerais - CEMIG (CMIG3) | $8.16 Billion | 4.48% | 0.56x | $6.04 Billion |