Energisa S.A (ENGI11) - Net Assets
Based on the latest financial reports, Energisa S.A (ENGI11) has net assets worth R$21.18 Billion BRL (≈ $4.16 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$83.47 Billion ≈ $16.38 Billion USD) and total liabilities (R$62.29 Billion ≈ $12.22 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 how resilient are Energisa S.A's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$21.18 Billion |
| % of Total Assets | 25.38% |
| Annual Growth Rate | 16.33% |
| 5-Year Change | 133.17% |
| 10-Year Change | 343.84% |
| Growth Volatility | 25.24 |
Energisa S.A - Net Assets Trend (2004–2025)
This chart illustrates how Energisa S.A's net assets have evolved over time, based on quarterly financial data. Also explore how large is Energisa S.A's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Energisa S.A (2004–2025)
The table below shows the annual net assets of Energisa S.A from 2004 to 2025. For live valuation and market cap data, see ENGI11 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$21.18 Billion ≈ $4.16 Billion |
-4.33% |
| 2024-12-31 | R$22.14 Billion ≈ $4.34 Billion |
+40.90% |
| 2023-12-31 | R$15.72 Billion ≈ $3.08 Billion |
+25.89% |
| 2022-12-31 | R$12.48 Billion ≈ $2.45 Billion |
+37.40% |
| 2021-12-31 | R$9.09 Billion ≈ $1.78 Billion |
+20.89% |
| 2020-12-31 | R$7.52 Billion ≈ $1.47 Billion |
+16.30% |
| 2019-12-31 | R$6.46 Billion ≈ $1.27 Billion |
+6.86% |
| 2018-12-31 | R$6.05 Billion ≈ $1.19 Billion |
+26.40% |
| 2017-12-31 | R$4.78 Billion ≈ $938.81 Million |
+0.24% |
| 2016-12-31 | R$4.77 Billion ≈ $936.56 Million |
+43.85% |
| 2015-12-31 | R$3.32 Billion ≈ $651.08 Million |
+10.65% |
| 2014-12-31 | R$3.00 Billion ≈ $588.43 Million |
+64.18% |
| 2013-12-31 | R$1.83 Billion ≈ $358.40 Million |
+25.31% |
| 2012-12-31 | R$1.46 Billion ≈ $286.00 Million |
+14.80% |
| 2011-12-31 | R$1.27 Billion ≈ $249.14 Million |
+6.86% |
| 2010-12-31 | R$1.19 Billion ≈ $233.14 Million |
+5.55% |
| 2009-12-31 | R$1.13 Billion ≈ $220.89 Million |
+86.19% |
| 2008-12-31 | R$604.62 Million ≈ $118.64 Million |
-13.66% |
| 2007-12-31 | R$700.25 Million ≈ $137.40 Million |
-28.24% |
| 2006-12-31 | R$975.78 Million ≈ $191.47 Million |
-1.77% |
| 2005-12-31 | R$993.38 Million ≈ $194.92 Million |
+12.43% |
| 2004-12-31 | R$883.55 Million ≈ $173.37 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Energisa 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 496110900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$4.95 Billion | 25.76% |
| Common Stock | R$10.88 Billion | 56.65% |
| Other Comprehensive Income | R$3.38 Billion | 17.59% |
| Total Equity | R$19.20 Billion | 100.00% |
Energisa S.A Competitors by Market Cap
The table below lists competitors of Energisa S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Liberty Broadband Srs C
NASDAQ:LBRDK
|
$4.35 Billion |
|
Fortune Brands Innovations Inc.
NYSE:FBIN
|
$4.35 Billion |
|
Alaska Air Group Inc
NYSE:ALK
|
$4.35 Billion |
|
1&1 AG
XETRA:1U1
|
$4.35 Billion |
|
Northland Power Inc.
TO:NPI
|
$4.35 Billion |
|
Seaboard Corporation
NYSE MKT:SEB
|
$4.35 Billion |
|
Cousins Properties Incorporated
NYSE:CUZ
|
$4.35 Billion |
|
Espressif Systems Shanghai Co Ltd
SHG:688018
|
$4.35 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Energisa S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 17,279,498,000 to 19,198,419,000, a change of 1,918,921,000 (11.1%).
- Net income of 2,214,439,000 contributed positively to equity growth.
- Dividend payments of 2,723,741,000 reduced retained earnings.
- Share repurchases of 1,313,650,000 reduced equity.
- Other comprehensive income increased equity by 2,418,887,000.
- Other factors increased equity by 1,322,986,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$2.21 Billion | +11.53% |
| Dividends Paid | R$2.72 Billion | -14.19% |
| Share Repurchases | R$1.31 Billion | -6.84% |
| Other Comprehensive Income | R$2.42 Billion | +12.6% |
| Other Changes | R$1.32 Billion | +6.89% |
| Total Change | R$- | 11.11% |
Book Value vs Market Value Analysis
This analysis compares Energisa 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: 5.87x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 126.95x to 5.87x 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$0.38 | R$48.49 | x |
| 2005-12-31 | R$0.41 | R$48.49 | x |
| 2006-12-31 | R$0.44 | R$48.49 | x |
| 2007-12-31 | R$0.57 | R$48.49 | x |
| 2008-12-31 | R$0.50 | R$48.49 | x |
| 2009-12-31 | R$1.00 | R$48.49 | x |
| 2010-12-31 | R$1.07 | R$48.49 | x |
| 2011-12-31 | R$1.16 | R$48.49 | x |
| 2012-12-31 | R$1.26 | R$48.49 | x |
| 2013-12-31 | R$1.44 | R$48.49 | x |
| 2014-12-31 | R$1.43 | R$48.49 | x |
| 2015-12-31 | R$1.67 | R$48.49 | x |
| 2016-12-31 | R$2.29 | R$48.49 | x |
| 2017-12-31 | R$2.18 | R$48.49 | x |
| 2018-12-31 | R$3.10 | R$48.49 | x |
| 2019-12-31 | R$3.14 | R$48.49 | x |
| 2020-12-31 | R$3.66 | R$48.49 | x |
| 2021-12-31 | R$4.32 | R$48.49 | x |
| 2022-12-31 | R$5.78 | R$48.49 | x |
| 2023-12-31 | R$5.84 | R$48.49 | x |
| 2024-12-31 | R$7.56 | R$48.49 | x |
| 2025-12-31 | R$8.26 | R$48.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Energisa S.A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.53%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.25%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 4.35x
- Recent ROE (11.53%) is below the historical average (17.58%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 2.43% | 2.13% | 0.36x | 3.14x | R$-56.07 Million |
| 2005 | 9.11% | 7.59% | 0.38x | 3.15x | R$-7.10 Million |
| 2006 | 9.26% | 7.05% | 0.40x | 3.30x | R$-6.33 Million |
| 2007 | 51.59% | 20.35% | 0.50x | 5.08x | R$264.22 Million |
| 2008 | 23.36% | 7.72% | 0.49x | 6.13x | R$72.38 Million |
| 2009 | 25.92% | 14.61% | 0.56x | 3.17x | R$179.19 Million |
| 2010 | 16.38% | 9.04% | 0.59x | 3.06x | R$75.83 Million |
| 2011 | 16.55% | 8.51% | 0.58x | 3.32x | R$83.91 Million |
| 2012 | 20.21% | 9.70% | 0.59x | 3.53x | R$146.85 Million |
| 2013 | 11.14% | 7.14% | 0.51x | 3.06x | R$20.57 Million |
| 2014 | 14.90% | 3.39% | 0.45x | 9.88x | R$92.18 Million |
| 2015 | 14.69% | 2.50% | 0.70x | 8.37x | R$103.76 Million |
| 2016 | 4.20% | 1.19% | 0.65x | 5.44x | R$-213.47 Million |
| 2017 | 14.53% | 4.07% | 0.62x | 5.74x | R$174.27 Million |
| 2018 | 21.31% | 7.22% | 0.44x | 6.76x | R$609.62 Million |
| 2019 | 7.99% | 2.16% | 0.54x | 6.90x | R$-114.45 Million |
| 2020 | 22.09% | 7.26% | 0.44x | 6.85x | R$804.07 Million |
| 2021 | 32.24% | 9.79% | 0.49x | 6.75x | R$1.79 Billion |
| 2022 | 19.38% | 8.30% | 0.43x | 5.41x | R$1.03 Billion |
| 2023 | 15.92% | 6.64% | 0.42x | 5.72x | R$704.47 Million |
| 2024 | 21.93% | 11.24% | 0.44x | 4.47x | R$2.06 Billion |
| 2025 | 11.53% | 6.25% | 0.42x | 4.35x | R$294.60 Million |
Industry Comparison
This section compares Energisa S.A's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $1,382,254,552
- Average return on equity (ROE) among peers: 18.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Energisa S.A (ENGI11) | R$21.18 Billion | 2.43% | 2.94x | $4.35 Billion |
| Afluente Transmissão de Energia Elétrica S.A (AFLT3) | $254.15 Million | 11.30% | 0.14x | $90.98 Million |
| Companhia Energética de Brasília - CEB (CEBR3) | $1.23 Billion | 16.00% | 0.17x | $199.26 Million |
| Companhiade Eletricidade do Estado da Bahia - COELBA (CEEB3) | $1.54 Billion | 41.99% | 1.94x | $1.44 Billion |
| Companhia Estadual de Distribuição de Energia Elétrica (CEED3) | $-3.69 Billion | 0.00% | 0.00x | $130.80 Million |
| Companhia Energética do Ceará - Coelce (COCE3) | $1.47 Billion | 32.03% | 1.28x | $349.14 Million |
| CPFL Energia S.A (CPFE3) | $4.86 Billion | 28.84% | 1.89x | $9.88 Billion |
| Companhia Paranaense de Energia - COPEL (CPLE3) | $4.86 Billion | 3.52% | 0.90x | $8.68 Billion |
| Energisa S.A (ENGI3) | $604.62 Million | 20.93% | 4.49x | $2.32 Billion |
| Energisa Mato Grosso - Distribuidora de Energia S/A (ENMT3) | $1.32 Billion | 7.95% | 2.34x | $635.35 Million |
About Energisa S.A
Energisa S.A., through its subsidiaries, engages in the generation, transmission, and distribution of electricity in Brazil. The company generates electricity through hydraulic, solar, and wind projects. It also provides natural gas for businesses and vehicular natural gas, as well as value-added services. In addition, the company engages in aerial thermographic inspection and insurance brokerage… Read more