Fras-le S.A
Frasle Mobility S.A. provides friction materials for braking systems and other products in Brazil, England, Argentina, the United States, China, India, Uruguay, Holland, Chile, Colombia, Germany, South America, and internationally. It operates through Automakers and Replacement segments. The company offers brake linings for commercial vehicles, brake pads for commercial vehicles, automobiles, mot… Read more
Fras-le S.A (FRAS3) - Net Assets
Latest net assets as of September 2025: R$2.43 Billion BRL
Based on the latest financial reports, Fras-le S.A (FRAS3) has net assets worth R$2.43 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$6.89 Billion) and total liabilities (R$4.46 Billion). 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$2.43 Billion |
| % of Total Assets | 35.28% |
| Annual Growth Rate | 15.82% |
| 5-Year Change | 135.8% |
| 10-Year Change | 419.67% |
| Growth Volatility | 18.83 |
Fras-le S.A - Net Assets Trend (2000–2024)
This chart illustrates how Fras-le 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 Fras-le S.A (2000–2024)
The table below shows the annual net assets of Fras-le S.A from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$2.25 Billion | +20.98% |
| 2023-12-31 | R$1.86 Billion | +4.65% |
| 2022-12-31 | R$1.78 Billion | +60.81% |
| 2021-12-31 | R$1.11 Billion | +15.83% |
| 2020-12-31 | R$954.81 Million | +22.52% |
| 2019-12-31 | R$779.33 Million | -5.71% |
| 2018-12-31 | R$826.56 Million | +5.56% |
| 2017-12-31 | R$783.02 Million | +1.29% |
| 2016-12-31 | R$773.04 Million | +78.43% |
| 2015-12-31 | R$433.25 Million | +5.94% |
| 2014-12-31 | R$408.97 Million | +3.31% |
| 2013-12-31 | R$395.85 Million | +7.28% |
| 2012-12-31 | R$368.98 Million | +5.15% |
| 2011-12-31 | R$350.90 Million | +7.95% |
| 2010-12-31 | R$325.06 Million | +10.71% |
| 2009-12-31 | R$293.60 Million | +40.79% |
| 2008-12-31 | R$208.54 Million | +8.73% |
| 2007-12-31 | R$191.79 Million | +16.51% |
| 2006-12-31 | R$164.62 Million | +20.20% |
| 2005-12-31 | R$136.96 Million | +19.17% |
| 2004-12-31 | R$114.92 Million | +29.03% |
| 2003-12-31 | R$89.07 Million | +19.90% |
| 2002-12-31 | R$74.28 Million | +4.51% |
| 2001-12-31 | R$71.08 Million | +7.27% |
| 2000-12-31 | R$66.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fras-le 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 104735600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$1.05 Billion | 47.20% |
| Common Stock | R$1.23 Billion | 55.41% |
| Total Equity | R$2.22 Billion | 100.00% |
Fras-le S.A Competitors by Market Cap
The table below lists competitors of Fras-le S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ACQ BURE AB
F:0FE
|
$162.36 Million |
|
Newtechwood Corp
SHE:301588
|
$162.43 Million |
|
Sonix Technology Co Ltd
TW:5471
|
$162.49 Million |
|
Energy Services Of America Corp
NASDAQ:ESOA
|
$162.49 Million |
|
Fortnox AB
ST:FNOX
|
$162.31 Million |
|
SOS Lab
KQ:464080
|
$162.31 Million |
|
CRICUT INC. CL.A DL-001
F:398
|
$162.31 Million |
|
Heung-A Shipping Co. Ltd.
KO:003280
|
$162.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fras-le S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,838,188,000 to 2,218,850,000, a change of 380,662,000 (20.7%).
- Net income of 367,742,000 contributed positively to equity growth.
- Dividend payments of 162,805,000 reduced retained earnings.
- Other comprehensive income increased equity by 230,356,999.
- Other factors decreased equity by 54,631,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$367.74 Million | +16.57% |
| Dividends Paid | R$162.81 Million | -7.34% |
| Other Comprehensive Income | R$230.36 Million | +10.38% |
| Other Changes | R$-54.63 Million | -2.46% |
| Total Change | R$- | 20.71% |
Book Value vs Market Value Analysis
This analysis compares Fras-le 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: 2.55x
- 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 24.20x to 2.55x 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$0.88 | R$21.20 | x |
| 2005-12-31 | R$1.04 | R$21.20 | x |
| 2006-12-31 | R$1.25 | R$21.20 | x |
| 2007-12-31 | R$1.46 | R$21.20 | x |
| 2008-12-31 | R$1.61 | R$21.20 | x |
| 2009-12-31 | R$1.02 | R$21.20 | x |
| 2010-12-31 | R$1.07 | R$21.20 | x |
| 2011-12-31 | R$2.67 | R$21.20 | x |
| 2012-12-31 | R$2.94 | R$21.20 | x |
| 2013-12-31 | R$3.85 | R$21.20 | x |
| 2014-12-31 | R$3.26 | R$21.20 | x |
| 2015-12-31 | R$3.54 | R$21.20 | x |
| 2016-12-31 | R$4.04 | R$21.20 | x |
| 2017-12-31 | R$3.55 | R$21.20 | x |
| 2018-12-31 | R$3.67 | R$21.20 | x |
| 2019-12-31 | R$3.56 | R$21.20 | x |
| 2020-12-31 | R$4.40 | R$21.20 | x |
| 2021-12-31 | R$5.11 | R$21.20 | x |
| 2022-12-31 | R$6.99 | R$21.20 | x |
| 2023-12-31 | R$6.88 | R$21.20 | x |
| 2024-12-31 | R$8.31 | R$21.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fras-le 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): 16.57%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.27%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 2.19x
- Recent ROE (16.57%) is below the historical average (16.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 22.25% | 8.51% | 1.26x | 2.07x | R$8.12 Million |
| 2001 | 16.37% | 6.44% | 1.23x | 2.07x | R$4.53 Million |
| 2002 | 26.20% | 8.73% | 1.12x | 2.68x | R$12.04 Million |
| 2003 | 35.90% | 11.62% | 1.26x | 2.46x | R$23.07 Million |
| 2004 | 33.09% | 10.14% | 1.52x | 2.15x | R$26.54 Million |
| 2005 | 24.35% | 8.92% | 1.27x | 2.14x | R$19.65 Million |
| 2006 | 24.88% | 10.42% | 1.39x | 1.72x | R$24.39 Million |
| 2007 | 21.38% | 9.77% | 1.15x | 1.91x | R$21.83 Million |
| 2008 | 12.26% | 5.90% | 0.93x | 2.23x | R$4.71 Million |
| 2009 | 13.68% | 9.38% | 0.69x | 2.10x | R$10.79 Million |
| 2010 | 14.89% | 9.49% | 0.74x | 2.11x | R$15.88 Million |
| 2011 | 12.57% | 8.07% | 0.70x | 2.23x | R$9.01 Million |
| 2012 | 6.72% | 3.73% | 0.74x | 2.44x | R$-12.06 Million |
| 2013 | 10.13% | 5.58% | 0.77x | 2.37x | R$508.70K |
| 2014 | 11.03% | 5.89% | 0.81x | 2.31x | R$4.20 Million |
| 2015 | 12.07% | 5.96% | 0.90x | 2.25x | R$8.94 Million |
| 2016 | 8.33% | 7.91% | 0.68x | 1.56x | R$-12.93 Million |
| 2017 | 8.20% | 7.69% | 0.61x | 1.74x | R$-14.02 Million |
| 2018 | 11.56% | 8.18% | 0.75x | 1.89x | R$12.62 Million |
| 2019 | 4.83% | 2.70% | 0.84x | 2.12x | R$-39.53 Million |
| 2020 | 19.96% | 11.27% | 0.58x | 3.06x | R$93.98 Million |
| 2021 | 19.28% | 8.18% | 0.84x | 2.81x | R$101.67 Million |
| 2022 | 11.61% | 6.70% | 0.81x | 2.13x | R$28.45 Million |
| 2023 | 20.53% | 11.14% | 0.87x | 2.13x | R$193.57 Million |
| 2024 | 16.57% | 9.27% | 0.81x | 2.19x | R$145.86 Million |
Industry Comparison
This section compares Fras-le S.A's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $669,093,667
- Average return on equity (ROE) among peers: 7.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fras-le S.A (FRAS3) | R$2.43 Billion | 22.25% | 1.83x | $162.34 Million |
| MAHLE Metal Leve S.A (LEVE3) | $1.35 Billion | 15.47% | 0.89x | $298.96 Million |
| Iochpe-Maxion S.A (MYPK3) | $265.16 Million | 21.79% | 1.62x | $172.28 Million |
| Plascar Participações Industriais S.A (PLAS3) | $396.84 Million | -14.52% | 1.47x | $1.75 Million |