Eneva S.A (ENEV3) - Net Assets
Based on the latest financial reports, Eneva S.A (ENEV3) has net assets worth R$21.41 Billion BRL (≈ $4.20 Billion 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$56.84 Billion ≈ $11.15 Billion USD) and total liabilities (R$35.43 Billion ≈ $6.95 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. Check Eneva S.A liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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. Also explore how large is Eneva S.A's balance sheet for the complete picture of this company's asset base.
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. For live valuation and market cap data, see ENEV3 company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$21.41 Billion ≈ $4.20 Billion |
+5.89% |
| 2024-12-31 | R$20.21 Billion ≈ $3.97 Billion |
+35.33% |
| 2023-12-31 | R$14.94 Billion ≈ $2.93 Billion |
+8.75% |
| 2022-12-31 | R$13.74 Billion ≈ $2.70 Billion |
+52.68% |
| 2021-12-31 | R$9.00 Billion ≈ $1.77 Billion |
+13.44% |
| 2020-12-31 | R$7.93 Billion ≈ $1.56 Billion |
+14.94% |
| 2019-12-31 | R$6.90 Billion ≈ $1.35 Billion |
+9.81% |
| 2018-12-31 | R$6.28 Billion ≈ $1.23 Billion |
+16.89% |
| 2017-12-31 | R$5.38 Billion ≈ $1.05 Billion |
+19.98% |
| 2016-12-31 | R$4.48 Billion ≈ $879.22 Million |
+25.26% |
| 2015-12-31 | R$3.58 Billion ≈ $701.91 Million |
+193.76% |
| 2014-12-31 | R$1.22 Billion ≈ $238.94 Million |
-52.69% |
| 2013-12-31 | R$2.57 Billion ≈ $505.04 Million |
-4.71% |
| 2012-12-31 | R$2.70 Billion ≈ $530.01 Million |
+97.15% |
| 2011-12-31 | R$1.37 Billion ≈ $268.83 Million |
-19.48% |
| 2010-12-31 | R$1.70 Billion ≈ $333.88 Million |
-9.45% |
| 2009-12-31 | R$1.88 Billion ≈ $368.71 Million |
-10.34% |
| 2008-12-31 | R$2.10 Billion ≈ $411.24 Million |
+15.23% |
| 2007-12-31 | R$1.82 Billion ≈ $356.89 Million |
+16246.37% |
| 2006-12-31 | R$11.13 Million ≈ $2.18 Million |
-13.85% |
| 2005-12-31 | R$12.92 Million ≈ $2.53 Million |
+1955.75% |
| 2004-12-31 | R$-696.00K ≈ $-136.57K |
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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 |
|---|---|
|
CSPC Pharmaceutical Group Limited
F:CVG
|
$10.18 Billion |
|
Dynatrace Holdings LLC
NYSE:DT
|
$10.20 Billion |
|
BALOISE HLDG AG ADR/1/10
F:BLO
|
$10.20 Billion |
|
Orient Sec Co Ltd
SHG:600958
|
$10.21 Billion |
|
LG Corp
KO:003550
|
$10.15 Billion |
|
Maplebear Inc.
NASDAQ:CART
|
$10.15 Billion |
|
PIRAEUS F.HL.ADR NEW 2021
F:BKP0
|
$10.13 Billion |
|
MOL Nyrt.
BUD:MOL
|
$10.13 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$- | 4.83% |
Book Value vs Market Value Analysis
This analysis compares Eneva S.A's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.62x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | R$-0.03 | R$27.08 | x |
| 2005-12-31 | R$0.29 | R$27.08 | x |
| 2006-12-31 | R$0.23 | R$27.08 | x |
| 2007-12-31 | R$62.90 | R$27.08 | x |
| 2008-12-31 | R$71.22 | R$27.08 | x |
| 2009-12-31 | R$62.56 | R$27.08 | x |
| 2010-12-31 | R$56.13 | R$27.08 | x |
| 2011-12-31 | R$42.72 | R$27.08 | x |
| 2012-12-31 | R$71.85 | R$27.08 | x |
| 2013-12-31 | R$49.73 | R$27.08 | x |
| 2014-12-31 | R$25.03 | R$27.08 | x |
| 2015-12-31 | R$5.54 | R$27.08 | x |
| 2016-12-31 | R$6.21 | R$27.08 | x |
| 2017-12-31 | R$5.24 | R$27.08 | x |
| 2018-12-31 | R$5.00 | R$27.08 | x |
| 2019-12-31 | R$5.43 | R$27.08 | x |
| 2020-12-31 | R$6.25 | R$27.08 | x |
| 2021-12-31 | R$7.06 | R$27.08 | x |
| 2022-12-31 | R$9.80 | R$27.08 | x |
| 2023-12-31 | R$7.80 | R$27.08 | x |
| 2024-12-31 | R$11.31 | R$27.08 | x |
| 2025-12-31 | R$10.34 | R$27.08 | 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: $8,224,000,000
- Average return on equity (ROE) among peers: 19.67%
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 | $10.18 Billion |
| Companhia Energética de Minas Gerais - CEMIG (CMIG3) | $8.22 Billion | 19.67% | 1.96x | $3.16 Billion |
About Eneva S.A
Eneva S.A., an integrated energy company, engages in the exploration, production, and commercialization of natural gas and liquids in Brazil. The company generates electricity through natural gas, steam, coal, and solar energy. It also supplies natural gas solutions to the on-grid and off-grid market for thermal power plants, pipeline operators, and industrial clients; including transportation, L… Read more