Even Construtora e Incorporadora S.A (EVEN3) - Net Assets
Based on the latest financial reports, Even Construtora e Incorporadora S.A (EVEN3) has net assets worth R$2.30 Billion BRL (≈ $452.23 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$5.16 Billion ≈ $1.01 Billion USD) and total liabilities (R$2.86 Billion ≈ $561.08 Million 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 EVEN3 strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$2.30 Billion |
| % of Total Assets | 44.63% |
| Annual Growth Rate | 28.46% |
| 5-Year Change | -15.34% |
| 10-Year Change | -9.27% |
| Growth Volatility | 121.77 |
Even Construtora e Incorporadora S.A - Net Assets Trend (2003–2025)
This chart illustrates how Even Construtora e Incorporadora S.A's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Even Construtora e Incorporadora S.A worth.
Annual Net Assets for Even Construtora e Incorporadora S.A (2003–2025)
The table below shows the annual net assets of Even Construtora e Incorporadora S.A from 2003 to 2025. Also explore EVEN3 net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$2.19 Billion ≈ $430.65 Million |
+6.08% |
| 2024-12-31 | R$2.07 Billion ≈ $405.98 Million |
-28.16% |
| 2023-12-31 | R$2.88 Billion ≈ $565.09 Million |
+5.59% |
| 2022-12-31 | R$2.73 Billion ≈ $535.17 Million |
+5.21% |
| 2021-12-31 | R$2.59 Billion ≈ $508.66 Million |
+4.47% |
| 2020-12-31 | R$2.48 Billion ≈ $486.90 Million |
+32.17% |
| 2019-12-31 | R$1.88 Billion ≈ $368.39 Million |
+3.87% |
| 2018-12-31 | R$1.81 Billion ≈ $354.66 Million |
-9.03% |
| 2017-12-31 | R$1.99 Billion ≈ $389.87 Million |
-17.87% |
| 2016-12-31 | R$2.42 Billion ≈ $474.68 Million |
-1.91% |
| 2015-12-31 | R$2.47 Billion ≈ $483.91 Million |
+1.93% |
| 2014-12-31 | R$2.42 Billion ≈ $474.75 Million |
+4.47% |
| 2013-12-31 | R$2.32 Billion ≈ $454.42 Million |
+9.06% |
| 2012-12-31 | R$2.12 Billion ≈ $416.67 Million |
+33.18% |
| 2011-12-31 | R$1.59 Billion ≈ $312.86 Million |
+13.10% |
| 2010-12-31 | R$1.41 Billion ≈ $276.64 Million |
+53.60% |
| 2009-12-31 | R$917.85 Million ≈ $180.10 Million |
+14.16% |
| 2008-12-31 | R$804.00 Million ≈ $157.76 Million |
+19.50% |
| 2007-12-31 | R$672.81 Million ≈ $132.02 Million |
+398.07% |
| 2006-12-31 | R$135.08 Million ≈ $26.51 Million |
+451.25% |
| 2005-12-31 | R$24.50 Million ≈ $4.81 Million |
+21.13% |
| 2004-12-31 | R$20.23 Million ≈ $3.97 Million |
+128.05% |
| 2003-12-31 | R$8.87 Million ≈ $1.74 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Even Construtora e Incorporadora 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 6595.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$137.85 Million | 7.33% |
| Common Stock | R$1.76 Billion | 93.46% |
| Other Comprehensive Income | R$21.97 Million | 1.17% |
| Total Equity | R$1.88 Billion | 100.00% |
Even Construtora e Incorporadora S.A Competitors by Market Cap
The table below lists competitors of Even Construtora e Incorporadora S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Signpost India Limited
NSE:SIGNPOST
|
$156.94 Million |
|
Dekpol SA
WAR:DEK
|
$156.96 Million |
|
Duksan Hi Metal Co.Ltd
KQ:077360
|
$157.03 Million |
|
Intellego Technologies AB
ST:INT
|
$157.08 Million |
|
Bank Bumi Arta Tbk
JK:BNBA
|
$156.83 Million |
|
Greenland Resources Inc
NEO:MOLY
|
$156.78 Million |
|
Daeho Al Co. Ltd.
KO:069460
|
$156.77 Million |
|
Fursys
KO:016800
|
$156.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Even Construtora e Incorporadora S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,799,389,000 to 1,880,417,000, a change of 81,028,000 (4.5%).
- Net income of 237,691,000 contributed positively to equity growth.
- Dividend payments of 149,988,000 reduced retained earnings.
- Share repurchases of 20,379,000 reduced equity.
- Other comprehensive income increased equity by 8,875,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$237.69 Million | +12.64% |
| Dividends Paid | R$149.99 Million | -7.98% |
| Share Repurchases | R$20.38 Million | -1.08% |
| Other Comprehensive Income | R$8.88 Million | +0.47% |
| Other Changes | R$4.83 Million | +0.26% |
| Total Change | R$- | 4.50% |
Book Value vs Market Value Analysis
This analysis compares Even Construtora e Incorporadora 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: 0.36x
- 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 32.58x to 0.36x 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$0.12 | R$4.03 | x |
| 2005-12-31 | R$0.14 | R$4.03 | x |
| 2006-12-31 | R$0.88 | R$4.03 | x |
| 2007-12-31 | R$4.06 | R$4.03 | x |
| 2008-12-31 | R$4.24 | R$4.03 | x |
| 2009-12-31 | R$4.97 | R$4.03 | x |
| 2010-12-31 | R$6.41 | R$4.03 | x |
| 2011-12-31 | R$6.72 | R$4.03 | x |
| 2012-12-31 | R$7.58 | R$4.03 | x |
| 2013-12-31 | R$8.52 | R$4.03 | x |
| 2014-12-31 | R$9.20 | R$4.03 | x |
| 2015-12-31 | R$9.72 | R$4.03 | x |
| 2016-12-31 | R$9.73 | R$4.03 | x |
| 2017-12-31 | R$7.90 | R$4.03 | x |
| 2018-12-31 | R$7.24 | R$4.03 | x |
| 2019-12-31 | R$7.85 | R$4.03 | x |
| 2020-12-31 | R$8.42 | R$4.03 | x |
| 2021-12-31 | R$8.84 | R$4.03 | x |
| 2022-12-31 | R$9.07 | R$4.03 | x |
| 2023-12-31 | R$9.20 | R$4.03 | x |
| 2024-12-31 | R$9.23 | R$4.03 | x |
| 2025-12-31 | R$11.22 | R$4.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Even Construtora e Incorporadora 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): 12.64%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.38%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 2.77x
- Recent ROE (12.64%) is above the historical average (8.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 15.82% | 8.10% | 0.47x | 4.16x | R$457.90K |
| 2004 | 18.41% | 6.29% | 0.54x | 5.38x | R$1.46 Million |
| 2005 | 10.44% | 2.74% | 0.52x | 7.35x | R$84.60K |
| 2006 | 18.10% | 10.90% | 0.49x | 3.36x | R$10.02 Million |
| 2007 | 5.28% | 7.02% | 0.39x | 1.94x | R$-26.93 Million |
| 2008 | 7.81% | 7.14% | 0.48x | 2.27x | R$-16.53 Million |
| 2009 | 15.31% | 11.61% | 0.51x | 2.56x | R$47.06 Million |
| 2010 | 18.35% | 13.04% | 0.64x | 2.20x | R$116.03 Million |
| 2011 | 14.43% | 11.85% | 0.55x | 2.23x | R$69.39 Million |
| 2012 | 14.52% | 10.23% | 0.57x | 2.47x | R$79.97 Million |
| 2013 | 14.23% | 11.50% | 0.51x | 2.42x | R$84.07 Million |
| 2014 | 11.89% | 11.44% | 0.45x | 2.30x | R$40.11 Million |
| 2015 | 4.69% | 4.60% | 0.43x | 2.38x | R$-114.58 Million |
| 2016 | 0.09% | 0.11% | 0.35x | 2.36x | R$-210.83 Million |
| 2017 | -19.34% | -24.32% | 0.29x | 2.72x | R$-511.17 Million |
| 2018 | -10.19% | -10.90% | 0.30x | 3.07x | R$-318.49 Million |
| 2019 | 7.14% | 6.46% | 0.37x | 2.99x | R$-47.67 Million |
| 2020 | 0.84% | 0.88% | 0.32x | 2.97x | R$-159.91 Million |
| 2021 | 12.70% | 10.16% | 0.38x | 3.26x | R$49.13 Million |
| 2022 | 5.46% | 4.50% | 0.35x | 3.50x | R$-86.90 Million |
| 2023 | 11.10% | 12.07% | 0.25x | 3.75x | R$21.36 Million |
| 2024 | 2.34% | 1.95% | 0.42x | 2.88x | R$-137.83 Million |
| 2025 | 12.64% | 12.38% | 0.37x | 2.77x | R$49.65 Million |
Industry Comparison
This section compares Even Construtora e Incorporadora 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: $873,562,936
- Average return on equity (ROE) among peers: 17.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Even Construtora e Incorporadora S.A (EVEN3) | R$2.30 Billion | 15.82% | 1.24x | $156.89 Million |
| Cury Construtora e Incorporadora S.A (CURY3) | $432.01 Million | 24.32% | 0.70x | $1.76 Billion |
| Direcional Engenharia S.A. (DIRR3) | $2.22 Billion | 28.71% | 3.53x | $1.02 Billion |
| EZTEC Empreendimentos e Participações S.A (EZTC3) | $81.69 Million | 22.60% | 0.37x | $728.18 Million |
| JHSF Participações S.A. (JHSF3) | $201.08 Million | 26.27% | 1.32x | $1.49 Billion |
| MRV Engenharia e Participações S.A (MRVE3) | $58.88 Million | 0.00% | 0.79x | $577.58 Million |
| PDG Realty S.A. Empreendimentos e Participações (PDGR3) | $2.93 Billion | 11.53% | 1.06x | $728.92K |
| Plano & Plano Desenvolvimento Imobiliário S.A (PLPL3) | $410.24 Million | 32.59% | 2.95x | $261.98 Million |
| RNI Negócios Imobiliários S.A (RDNI3) | $898.77 Million | 9.39% | 1.24x | $17.72 Million |
| Tecnisa S.A (TCSA3) | $622.02 Million | 0.17% | 1.58x | $8.96 Million |
About Even Construtora e Incorporadora S.A
Even Construtora e Incorporadora S.A. operates as a real estate developer and builder in Brazil. The company develops and sells residential projects, hotels, and art centers. It is also involved in land prospecting; real estate development and sale; broker portal operation; and project construction activities. The company was founded in 1974 and is based in São Paulo, Brazil.