Eternit S.A
Eternit S.A., together with its subsidiaries, engages in roofing and industrialized construction business in China. The company offers cement, concrete, and solar tile products, as well as other construction materials and accessories. It also provides fiber cement and concrete tiles for roofing; panels for drywall; steel frame systems; and raw materials for the manufacture of cement tiles and pan… Read more
Eternit S.A (ETER3) - Net Assets
Latest net assets as of September 2025: R$845.79 Million BRL
Based on the latest financial reports, Eternit S.A (ETER3) has net assets worth R$845.79 Million 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$1.42 Billion) and total liabilities (R$569.41 Million). 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$845.79 Million |
| % of Total Assets | 59.76% |
| Annual Growth Rate | 4.78% |
| 5-Year Change | 274.91% |
| 10-Year Change | 61.18% |
| Growth Volatility | 50.04 |
Eternit S.A - Net Assets Trend (2000–2024)
This chart illustrates how Eternit 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 Eternit S.A (2000–2024)
The table below shows the annual net assets of Eternit S.A from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$806.09 Million | +4.71% |
| 2023-12-31 | R$769.81 Million | +13.83% |
| 2022-12-31 | R$676.30 Million | +20.05% |
| 2021-12-31 | R$563.36 Million | +162.01% |
| 2020-12-31 | R$215.01 Million | +7839.78% |
| 2019-12-31 | R$-2.78 Million | -122.68% |
| 2018-12-31 | R$12.25 Million | -92.82% |
| 2017-12-31 | R$170.51 Million | -62.90% |
| 2016-12-31 | R$459.65 Million | -8.09% |
| 2015-12-31 | R$500.12 Million | -2.85% |
| 2014-12-31 | R$514.81 Million | +1.71% |
| 2013-12-31 | R$506.13 Million | +5.55% |
| 2012-12-31 | R$479.53 Million | +9.46% |
| 2011-12-31 | R$438.11 Million | +6.21% |
| 2010-12-31 | R$412.49 Million | +10.56% |
| 2009-12-31 | R$373.10 Million | +50.48% |
| 2008-12-31 | R$247.95 Million | -0.98% |
| 2007-12-31 | R$250.41 Million | +8.76% |
| 2006-12-31 | R$230.23 Million | +0.48% |
| 2005-12-31 | R$229.14 Million | -5.69% |
| 2004-12-31 | R$242.97 Million | +1.20% |
| 2003-12-31 | R$240.10 Million | +1.21% |
| 2002-12-31 | R$237.24 Million | +0.56% |
| 2001-12-31 | R$235.91 Million | -10.28% |
| 2000-12-31 | R$262.94 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eternit 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 1127.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$279.85 Million | 34.72% |
| Common Stock | R$438.08 Million | 54.35% |
| Other Comprehensive Income | R$89.26 Million | 11.07% |
| Total Equity | R$806.06 Million | 100.00% |
Eternit S.A Competitors by Market Cap
The table below lists competitors of Eternit S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kartal Yenilenebilir Enerji Uretim AS
IS:KARYE
|
$33.67 Million |
|
NEXTSOURCE MAT. DL-001
F:1JWA
|
$33.68 Million |
|
BioXcel Therapeutics Inc
NASDAQ:BTAI
|
$33.68 Million |
|
Main Street Financial Services Corp
OTCQX:MSWV
|
$33.71 Million |
|
NTG Clarity Networks Inc
PINK:NYWKF
|
$33.67 Million |
|
Hastings Technology Metals Limited
PINK:HSRMF
|
$33.66 Million |
|
Gol Linhas Aéreas Inteligentes S.A
NYSE:GOLLQ
|
$33.65 Million |
|
Voip-Pal.Com Inc
OTCQB:VPLM
|
$33.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eternit S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 684,216,000 to 806,063,000, a change of 121,847,000 (17.8%).
- Net income of 38,771,000 contributed positively to equity growth.
- Dividend payments of 27,188,000 reduced retained earnings.
- Share repurchases of 531,000 reduced equity.
- Other comprehensive income increased equity by 13,712,999.
- Other factors increased equity by 97,082,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$38.77 Million | +4.81% |
| Dividends Paid | R$27.19 Million | -3.37% |
| Share Repurchases | R$531.00K | -0.07% |
| Other Comprehensive Income | R$13.71 Million | +1.7% |
| Other Changes | R$97.08 Million | +12.04% |
| Total Change | R$- | 17.81% |
Book Value vs Market Value Analysis
This analysis compares Eternit 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: 0.29x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.41x to 0.29x 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$9.21 | R$3.74 | x |
| 2005-12-31 | R$8.69 | R$3.74 | x |
| 2006-12-31 | R$8.39 | R$3.74 | x |
| 2007-12-31 | R$9.11 | R$3.74 | x |
| 2008-12-31 | R$9.04 | R$3.74 | x |
| 2009-12-31 | R$13.57 | R$3.74 | x |
| 2010-12-31 | R$12.08 | R$3.74 | x |
| 2011-12-31 | R$12.88 | R$3.74 | x |
| 2012-12-31 | R$14.04 | R$3.74 | x |
| 2013-12-31 | R$14.82 | R$3.74 | x |
| 2014-12-31 | R$15.08 | R$3.74 | x |
| 2015-12-31 | R$14.65 | R$3.74 | x |
| 2016-12-31 | R$13.46 | R$3.74 | x |
| 2017-12-31 | R$4.99 | R$3.74 | x |
| 2018-12-31 | R$0.36 | R$3.74 | x |
| 2019-12-31 | R$-0.08 | R$3.74 | x |
| 2020-12-31 | R$3.89 | R$3.74 | x |
| 2021-12-31 | R$9.12 | R$3.74 | x |
| 2022-12-31 | R$10.95 | R$3.74 | x |
| 2023-12-31 | R$11.09 | R$3.74 | x |
| 2024-12-31 | R$13.07 | R$3.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eternit 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): 4.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.34%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 1.62x
- Recent ROE (4.81%) is above the historical average (-36.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 19.92% | 20.23% | 0.77x | 1.29x | R$26.09 Million |
| 2001 | 16.13% | 15.58% | 0.76x | 1.37x | R$14.45 Million |
| 2002 | 22.47% | 17.30% | 0.88x | 1.48x | R$29.59 Million |
| 2003 | 11.69% | 9.23% | 0.97x | 1.31x | R$4.05 Million |
| 2004 | 13.71% | 9.45% | 1.08x | 1.35x | R$9.02 Million |
| 2005 | 14.92% | 9.79% | 1.10x | 1.39x | R$11.27 Million |
| 2006 | 16.60% | 10.77% | 1.06x | 1.45x | R$15.19 Million |
| 2007 | 20.74% | 12.94% | 1.02x | 1.57x | R$26.88 Million |
| 2008 | 32.75% | 14.92% | 1.41x | 1.56x | R$56.41 Million |
| 2009 | 19.62% | 12.58% | 1.06x | 1.47x | R$35.88 Million |
| 2010 | 24.75% | 13.45% | 1.15x | 1.60x | R$60.84 Million |
| 2011 | 22.19% | 11.85% | 1.19x | 1.58x | R$53.38 Million |
| 2012 | 23.57% | 12.47% | 1.12x | 1.69x | R$65.05 Million |
| 2013 | 20.20% | 10.68% | 1.15x | 1.65x | R$51.64 Million |
| 2014 | 16.54% | 8.71% | 1.09x | 1.74x | R$33.68 Million |
| 2015 | 5.88% | 3.02% | 1.04x | 1.87x | R$-20.59 Million |
| 2016 | -8.20% | -4.56% | 0.98x | 1.83x | R$-83.65 Million |
| 2017 | -162.10% | -41.52% | 1.18x | 3.31x | R$-293.44 Million |
| 2018 | -1221.62% | -27.82% | 0.94x | 46.55x | R$-150.59 Million |
| 2019 | 0.00% | -2.58% | 0.90x | 0.00x | R$-12.34 Million |
| 2020 | 73.87% | 23.23% | 0.92x | 3.47x | R$137.26 Million |
| 2021 | 47.83% | 23.98% | 1.11x | 1.80x | R$213.05 Million |
| 2022 | 20.35% | 11.59% | 0.97x | 1.81x | R$69.98 Million |
| 2023 | 18.59% | 11.26% | 0.87x | 1.90x | R$58.76 Million |
| 2024 | 4.81% | 3.34% | 0.89x | 1.62x | R$-41.84 Million |
Industry Comparison
This section compares Eternit S.A's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $378,797,825
- Average return on equity (ROE) among peers: 10.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eternit S.A (ETER3) | R$845.79 Million | 19.92% | 0.67x | $33.67 Million |
| Eucatex S.A. Indústria e Comércio (EUCA3) | $1.16 Billion | 2.36% | 0.67x | $70.28 Million |
| HAGA S/A Indústria e Comércio (HAGA3) | $-107.88 Million | 0.00% | 0.00x | $2.62 Million |
| PBG S.A (PTBL3) | $81.80 Million | 29.81% | 6.04x | $23.07 Million |