Gafisa S.A
Gafisa S.A. operates as a development and construction company under the Gafisa brand name in Brazil. The company is involved in residential, commercial projects. It also provides technical consultancy services, real estate management and construction services, and development and implementation of marketing strategies for real estate projects. Gafisa S.A. was founded in 1954 and is headquartered… Read more
Gafisa S.A (GFSA3) - Net Assets
Latest net assets as of September 2025: R$1.99 Billion BRL
Based on the latest financial reports, Gafisa S.A (GFSA3) has net assets worth R$1.99 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$4.98 Billion) and total liabilities (R$2.99 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$1.99 Billion |
| % of Total Assets | 39.91% |
| Annual Growth Rate | 14.06% |
| 5-Year Change | 25.26% |
| 10-Year Change | -36.98% |
| Growth Volatility | 53.63 |
Gafisa S.A - Net Assets Trend (2000–2024)
This chart illustrates how Gafisa 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 Gafisa S.A (2000–2024)
The table below shows the annual net assets of Gafisa S.A from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$1.95 Billion | +14.33% |
| 2023-12-31 | R$1.71 Billion | -3.70% |
| 2022-12-31 | R$1.77 Billion | -2.37% |
| 2021-12-31 | R$1.82 Billion | +16.53% |
| 2020-12-31 | R$1.56 Billion | +74.09% |
| 2019-12-31 | R$895.14 Million | +81.50% |
| 2018-12-31 | R$493.19 Million | -35.06% |
| 2017-12-31 | R$759.40 Million | -60.66% |
| 2016-12-31 | R$1.93 Billion | -37.67% |
| 2015-12-31 | R$3.10 Billion | +1.27% |
| 2014-12-31 | R$3.06 Billion | -4.86% |
| 2013-12-31 | R$3.21 Billion | +19.39% |
| 2012-12-31 | R$2.69 Billion | -1.99% |
| 2011-12-31 | R$2.75 Billion | -27.40% |
| 2010-12-31 | R$3.78 Billion | +58.70% |
| 2009-12-31 | R$2.38 Billion | +14.41% |
| 2008-12-31 | R$2.08 Billion | +34.63% |
| 2007-12-31 | R$1.55 Billion | +90.59% |
| 2006-12-31 | R$812.12 Million | +200.76% |
| 2005-12-31 | R$270.02 Million | +84.30% |
| 2004-12-31 | R$146.51 Million | +19.60% |
| 2003-12-31 | R$122.50 Million | -9.40% |
| 2002-12-31 | R$135.22 Million | +45.13% |
| 2001-12-31 | R$93.17 Million | +12.22% |
| 2000-12-31 | R$83.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gafisa 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 decreased by 1100800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | R$1.70 Billion | 87.21% |
| Other Comprehensive Income | R$263.23 Million | 13.49% |
| Total Equity | R$1.95 Billion | 100.00% |
Gafisa S.A Competitors by Market Cap
The table below lists competitors of Gafisa S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Stradim Espace Finances SA
PA:ALSAS
|
$3.04 Million |
|
Ahlada Engineers Limited
NSE:AHLADA
|
$3.04 Million |
|
Farmaceutica R
RO:RMAH
|
$3.04 Million |
|
Altshuler Shaham Financial LTD
TA:ALTF
|
$3.04 Million |
|
Trinitan Metals and Minerals
JK:PURE
|
$3.04 Million |
|
ROCKWELL AUTOMATION - Dusseldorf Stock Exchang
DU:RWL
|
$3.04 Million |
|
Hilton Metal Forging Limited
NSE:HILTON
|
$3.04 Million |
|
Readyplanet PCL
BK:READY
|
$3.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gafisa S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,706,333,000 to 1,951,187,000, a change of 244,854,000 (14.3%).
- Net loss of 40,577,000 reduced equity.
- Share repurchases of 184,978,000 reduced equity.
- New share issuances of 184,978,000 increased equity.
- Other comprehensive income increased equity by 62,260,999.
- Other factors increased equity by 223,170,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$-40.58 Million | -2.08% |
| Share Repurchases | R$184.98 Million | -9.48% |
| Share Issuances | R$184.98 Million | +9.48% |
| Other Comprehensive Income | R$62.26 Million | +3.19% |
| Other Changes | R$223.17 Million | +11.44% |
| Total Change | R$- | 14.35% |
Book Value vs Market Value Analysis
This analysis compares Gafisa 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: 0.09x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | R$41.86 | R$1.94 | x |
| 2004-12-31 | R$50.06 | R$1.94 | x |
| 2005-12-31 | R$100.76 | R$1.94 | x |
| 2006-12-31 | R$333.96 | R$1.94 | x |
| 2007-12-31 | R$502.61 | R$1.94 | x |
| 2008-12-31 | R$521.12 | R$1.94 | x |
| 2009-12-31 | R$592.75 | R$1.94 | x |
| 2010-12-31 | R$761.37 | R$1.94 | x |
| 2011-12-31 | R$521.71 | R$1.94 | x |
| 2012-12-31 | R$500.46 | R$1.94 | x |
| 2013-12-31 | R$654.50 | R$1.94 | x |
| 2014-12-31 | R$686.84 | R$1.94 | x |
| 2015-12-31 | R$716.13 | R$1.94 | x |
| 2016-12-31 | R$451.65 | R$1.94 | x |
| 2017-12-31 | R$198.67 | R$1.94 | x |
| 2018-12-31 | R$85.09 | R$1.94 | x |
| 2019-12-31 | R$87.68 | R$1.94 | x |
| 2020-12-31 | R$64.67 | R$1.94 | x |
| 2021-12-31 | R$45.66 | R$1.94 | x |
| 2022-12-31 | R$40.32 | R$1.94 | x |
| 2023-12-31 | R$22.98 | R$1.94 | x |
| 2024-12-31 | R$20.99 | R$1.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gafisa 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): -2.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.01%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 2.72x
- Recent ROE (-2.08%) is above the historical average (-5.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 11.88% | 7.54% | 0.42x | 3.78x | R$1.56 Million |
| 2001 | 16.60% | 7.86% | 0.36x | 5.83x | R$6.15 Million |
| 2002 | 31.09% | 12.45% | 0.46x | 5.40x | R$28.52 Million |
| 2003 | 35.45% | 10.58% | 0.48x | 6.99x | R$31.18 Million |
| 2004 | 16.01% | 5.62% | 0.56x | 5.11x | R$8.80 Million |
| 2005 | 11.35% | 6.38% | 0.51x | 3.50x | R$3.66 Million |
| 2006 | 5.66% | 6.66% | 0.46x | 1.84x | R$-35.27 Million |
| 2007 | 7.42% | 9.33% | 0.41x | 1.93x | R$-39.47 Million |
| 2008 | 6.82% | 6.32% | 0.31x | 3.44x | R$-51.32 Million |
| 2009 | 9.18% | 7.07% | 0.39x | 3.31x | R$-19.02 Million |
| 2010 | 11.18% | 11.18% | 0.39x | 2.57x | R$43.83 Million |
| 2011 | -35.68% | -32.13% | 0.31x | 3.59x | R$-1.21 Billion |
| 2012 | -4.89% | -3.15% | 0.44x | 3.56x | R$-378.95 Million |
| 2013 | 27.19% | 34.96% | 0.30x | 2.56x | R$548.37 Million |
| 2014 | -1.39% | -1.98% | 0.30x | 2.36x | R$-348.08 Million |
| 2015 | 2.41% | 3.24% | 0.34x | 2.18x | R$-235.10 Million |
| 2016 | -60.34% | -127.07% | 0.18x | 2.70x | R$-1.36 Billion |
| 2017 | -112.48% | -139.59% | 0.21x | 3.81x | R$-925.41 Million |
| 2018 | -85.39% | -43.66% | 0.38x | 5.14x | R$-468.66 Million |
| 2019 | -1.58% | -3.52% | 0.16x | 2.86x | R$-103.47 Million |
| 2020 | -4.93% | -8.71% | 0.24x | 2.40x | R$-233.24 Million |
| 2021 | 4.97% | 11.02% | 0.17x | 2.60x | R$-91.33 Million |
| 2022 | -4.69% | -7.32% | 0.21x | 3.12x | R$-260.38 Million |
| 2023 | -11.45% | -17.70% | 0.22x | 3.00x | R$-365.94 Million |
| 2024 | -2.08% | -4.01% | 0.19x | 2.72x | R$-235.70 Million |
Industry Comparison
This section compares Gafisa S.A's net assets metrics with peer companies in the Residential Construction industry.
Industry Context
- Industry: Residential Construction
- Average net assets among peers: $1,501,549,000
- Average return on equity (ROE) among peers: -25.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gafisa S.A (GFSA3) | R$1.99 Billion | 11.88% | 1.51x | $3.04 Million |
| Cyrela Brazil Realty S.A. Empreendimentos e Participações (CYRE3) | $2.27 Billion | 18.60% | 1.08x | $1.12 Billion |
| Rossi Residencial S.A (RSID3) | $733.58 Million | -70.12% | 5.57x | $2.82 Million |