Cia de Ferro Ligas da Bahia - FERBASA
Cia de Ferro Ligas da Bahia S.A. - FERBASA manufactures and sells ferroalloys, ferrochrome, and ferrosilicon in Brazil and internationally. It operates through Ferroalloys, Wind Energy, and Others segments. The company offers high carbon ferrochrome, low carbon ferrochrome, ferrochrome silicon, ferrosilicon, chromite sand, lump, concentrate, quicklime, and active silica/microsilica. It also engag… Read more
Cia de Ferro Ligas da Bahia - FERBASA (FESA3) - Net Assets
Latest net assets as of September 2025: R$3.39 Billion BRL
Based on the latest financial reports, Cia de Ferro Ligas da Bahia - FERBASA (FESA3) has net assets worth R$3.39 Billion 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$4.23 Billion) and total liabilities (R$842.09 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$3.39 Billion |
| % of Total Assets | 80.1% |
| Annual Growth Rate | 11.32% |
| 5-Year Change | 88.55% |
| 10-Year Change | 150.01% |
| Growth Volatility | 11.23 |
Cia de Ferro Ligas da Bahia - FERBASA - Net Assets Trend (2003–2024)
This chart illustrates how Cia de Ferro Ligas da Bahia - FERBASA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cia de Ferro Ligas da Bahia - FERBASA (2003–2024)
The table below shows the annual net assets of Cia de Ferro Ligas da Bahia - FERBASA from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$3.34 Billion | +4.68% |
| 2023-12-31 | R$3.19 Billion | +4.95% |
| 2022-12-31 | R$3.04 Billion | +28.29% |
| 2021-12-31 | R$2.37 Billion | +33.78% |
| 2020-12-31 | R$1.77 Billion | -3.61% |
| 2019-12-31 | R$1.84 Billion | +5.09% |
| 2018-12-31 | R$1.75 Billion | +14.88% |
| 2017-12-31 | R$1.52 Billion | +12.16% |
| 2016-12-31 | R$1.36 Billion | +1.58% |
| 2015-12-31 | R$1.34 Billion | +4.57% |
| 2014-12-31 | R$1.28 Billion | +4.90% |
| 2013-12-31 | R$1.22 Billion | +4.75% |
| 2012-12-31 | R$1.16 Billion | +6.00% |
| 2011-12-31 | R$1.10 Billion | +6.44% |
| 2010-12-31 | R$1.03 Billion | +11.52% |
| 2009-12-31 | R$924.24 Million | +9.26% |
| 2008-12-31 | R$845.90 Million | +40.59% |
| 2007-12-31 | R$601.69 Million | +12.96% |
| 2006-12-31 | R$532.64 Million | +5.57% |
| 2005-12-31 | R$504.53 Million | +10.94% |
| 2004-12-31 | R$454.78 Million | +29.46% |
| 2003-12-31 | R$351.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cia de Ferro Ligas da Bahia - FERBASA'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 186131400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$1.86 Billion | 55.70% |
| Common Stock | R$1.47 Billion | 44.03% |
| Other Comprehensive Income | R$34.57 Million | 1.04% |
| Total Equity | R$3.34 Billion | 100.00% |
Cia de Ferro Ligas da Bahia - FERBASA Competitors by Market Cap
The table below lists competitors of Cia de Ferro Ligas da Bahia - FERBASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen AV-Display Co. Ltd.
SHE:300939
|
$308.13 Million |
|
Xinjiang Ba Yi Iron & Steel Co Ltd
SHG:600581
|
$308.15 Million |
|
Garware Technical Fibres Limited
NSE:GARFIBRES
|
$308.25 Million |
|
Oneconnect Financial Technology Co
NYSE:OCFT
|
$308.62 Million |
|
Zhejiang Tieliu Clutch Co Ltd
SHG:603926
|
$308.09 Million |
|
Donegal Group A Inc
NASDAQ:DGICA
|
$308.08 Million |
|
Wuhan Langold Real Estate Co Ltd
SHE:002305
|
$308.03 Million |
|
Cashway Technology Co Ltd
SHG:603106
|
$307.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cia de Ferro Ligas da Bahia - FERBASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,190,099,000 to 3,339,257,000, a change of 149,158,000 (4.7%).
- Net income of 327,505,000 contributed positively to equity growth.
- Dividend payments of 173,618,000 reduced retained earnings.
- New share issuances of 196,099,000 increased equity.
- Other comprehensive income decreased equity by 230,104,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$327.50 Million | +9.81% |
| Dividends Paid | R$173.62 Million | -5.2% |
| Share Issuances | R$196.10 Million | +5.87% |
| Other Comprehensive Income | R$-230.10 Million | -6.89% |
| Other Changes | R$29.28 Million | +0.88% |
| Total Change | R$- | 4.68% |
Book Value vs Market Value Analysis
This analysis compares Cia de Ferro Ligas da Bahia - FERBASA'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: 1.19x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.96x to 1.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | R$2.95 | R$11.70 | x |
| 2004-12-31 | R$127.79 | R$11.70 | x |
| 2005-12-31 | R$1.41 | R$11.70 | x |
| 2006-12-31 | R$1.49 | R$11.70 | x |
| 2007-12-31 | R$1.63 | R$11.70 | x |
| 2008-12-31 | R$2.66 | R$11.70 | x |
| 2009-12-31 | R$2.61 | R$11.70 | x |
| 2010-12-31 | R$2.91 | R$11.70 | x |
| 2011-12-31 | R$5.09 | R$11.70 | x |
| 2012-12-31 | R$3.08 | R$11.70 | x |
| 2013-12-31 | R$3.22 | R$11.70 | x |
| 2014-12-31 | R$3.66 | R$11.70 | x |
| 2015-12-31 | R$3.91 | R$11.70 | x |
| 2016-12-31 | R$3.97 | R$11.70 | x |
| 2017-12-31 | R$4.46 | R$11.70 | x |
| 2018-12-31 | R$5.12 | R$11.70 | x |
| 2019-12-31 | R$5.38 | R$11.70 | x |
| 2020-12-31 | R$5.19 | R$11.70 | x |
| 2021-12-31 | R$6.96 | R$11.70 | x |
| 2022-12-31 | R$8.93 | R$11.70 | x |
| 2023-12-31 | R$37.36 | R$11.70 | x |
| 2024-12-31 | R$9.81 | R$11.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cia de Ferro Ligas da Bahia - FERBASA 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): 9.81%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.64%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.31x
- Recent ROE (9.81%) is below the historical average (13.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 22.83% | 21.87% | 0.87x | 1.20x | R$44.64 Million |
| 2004 | 21.53% | 20.31% | 0.89x | 1.20x | R$52.02 Million |
| 2005 | 8.88% | 10.32% | 0.77x | 1.11x | R$-5.57 Million |
| 2006 | 6.07% | 8.03% | 0.69x | 1.09x | R$-20.75 Million |
| 2007 | 9.97% | 12.85% | 0.69x | 1.13x | R$-182.10K |
| 2008 | 39.90% | 38.23% | 0.89x | 1.17x | R$251.80 Million |
| 2009 | 3.11% | 6.35% | 0.42x | 1.17x | R$-63.46 Million |
| 2010 | 13.04% | 19.38% | 0.58x | 1.17x | R$31.26 Million |
| 2011 | 8.29% | 13.81% | 0.52x | 1.16x | R$-18.71 Million |
| 2012 | 7.36% | 11.79% | 0.55x | 1.13x | R$-30.56 Million |
| 2013 | 6.05% | 8.90% | 0.60x | 1.14x | R$-47.91 Million |
| 2014 | 7.18% | 10.95% | 0.57x | 1.15x | R$-35.94 Million |
| 2015 | 13.01% | 18.50% | 0.57x | 1.24x | R$40.08 Million |
| 2016 | 5.15% | 6.35% | 0.66x | 1.23x | R$-65.57 Million |
| 2017 | 17.79% | 24.34% | 0.60x | 1.22x | R$118.15 Million |
| 2018 | 17.71% | 22.36% | 0.52x | 1.53x | R$134.47 Million |
| 2019 | 12.07% | 17.29% | 0.47x | 1.50x | R$37.97 Million |
| 2020 | 3.95% | 4.30% | 0.58x | 1.60x | R$-106.79 Million |
| 2021 | 27.13% | 26.90% | 0.70x | 1.43x | R$405.96 Million |
| 2022 | 34.95% | 33.84% | 0.77x | 1.34x | R$758.31 Million |
| 2023 | 11.99% | 15.71% | 0.59x | 1.29x | R$63.64 Million |
| 2024 | 9.81% | 14.64% | 0.51x | 1.31x | R$-6.42 Million |
Industry Comparison
This section compares Cia de Ferro Ligas da Bahia - FERBASA's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $9,752,511,731
- Average return on equity (ROE) among peers: 21.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cia de Ferro Ligas da Bahia - FERBASA (FESA3) | R$3.39 Billion | 22.83% | 0.25x | $308.12 Million |
| CSN Mineração S.A (CMIN3) | $11.39 Billion | 25.89% | 1.20x | $337.73 Million |
| Gerdau S.A (GGBR3) | $2.18 Billion | 16.21% | 1.92x | $3.29 Billion |
| Metalurgica Gerdau S.A (GOAU3) | $25.37 Billion | 3.15% | 1.02x | $1.04 Billion |
| Panatlântica S.A (PATI3) | $68.34 Million | 40.99% | 0.65x | $4.15 Million |