Klabin S.A. (KLBN11) - Net Assets
Based on the latest financial reports, Klabin S.A. (KLBN11) has net assets worth R$7.89 Billion BRL (≈ $1.55 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$63.80 Billion ≈ $12.52 Billion USD) and total liabilities (R$55.91 Billion ≈ $10.97 Billion 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 KLBN11 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$7.89 Billion |
| % of Total Assets | 12.36% |
| Annual Growth Rate | 9.44% |
| 5-Year Change | 103.23% |
| 10-Year Change | 102.82% |
| Growth Volatility | 35.3 |
Klabin S.A. - Net Assets Trend (2004–2025)
This chart illustrates how Klabin S.A.'s net assets have evolved over time, based on quarterly financial data. Also explore Klabin S.A. asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Klabin S.A. (2004–2025)
The table below shows the annual net assets of Klabin S.A. from 2004 to 2025. For live valuation and market cap data, see KLBN11 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$14.40 Billion ≈ $2.83 Billion |
+66.72% |
| 2024-12-31 | R$8.64 Billion ≈ $1.69 Billion |
-37.10% |
| 2023-12-31 | R$13.73 Billion ≈ $2.69 Billion |
+18.71% |
| 2022-12-31 | R$11.57 Billion ≈ $2.27 Billion |
+63.25% |
| 2021-12-31 | R$7.09 Billion ≈ $1.39 Billion |
+61.61% |
| 2020-12-31 | R$4.38 Billion ≈ $860.37 Million |
-32.56% |
| 2019-12-31 | R$6.50 Billion ≈ $1.28 Billion |
-0.49% |
| 2018-12-31 | R$6.53 Billion ≈ $1.28 Billion |
-9.69% |
| 2017-12-31 | R$7.23 Billion ≈ $1.42 Billion |
+1.88% |
| 2016-12-31 | R$7.10 Billion ≈ $1.39 Billion |
+32.66% |
| 2015-12-31 | R$5.35 Billion ≈ $1.05 Billion |
-24.17% |
| 2014-12-31 | R$7.06 Billion ≈ $1.38 Billion |
+30.89% |
| 2013-12-31 | R$5.39 Billion ≈ $1.06 Billion |
-0.52% |
| 2012-12-31 | R$5.42 Billion ≈ $1.06 Billion |
+9.33% |
| 2011-12-31 | R$4.96 Billion ≈ $972.91 Million |
-0.72% |
| 2010-12-31 | R$4.99 Billion ≈ $979.93 Million |
+5.83% |
| 2009-12-31 | R$4.72 Billion ≈ $925.92 Million |
+110.00% |
| 2008-12-31 | R$2.25 Billion ≈ $440.90 Million |
-17.19% |
| 2007-12-31 | R$2.71 Billion ≈ $532.46 Million |
+5.46% |
| 2006-12-31 | R$2.57 Billion ≈ $504.87 Million |
+14.63% |
| 2005-12-31 | R$2.24 Billion ≈ $440.44 Million |
+3.59% |
| 2004-12-31 | R$2.17 Billion ≈ $425.18 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Klabin 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 171.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$2.79 Billion | 35.33% |
| Common Stock | R$6.88 Billion | 87.19% |
| Total Equity | R$7.89 Billion | 100.00% |
Klabin S.A. Competitors by Market Cap
The table below lists competitors of Klabin S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sensient Technologies Corporation
NYSE:SXT
|
$4.17 Billion |
|
United Breweries Limited
NSE:UBL
|
$4.17 Billion |
|
Group 1 Automotive Inc
NYSE:GPI
|
$4.17 Billion |
|
China International Marine Containers Group Ltd
SHE:000039
|
$4.17 Billion |
|
Shijiazhuang Yiling Pharmaceutical Co Ltd
SHE:002603
|
$4.17 Billion |
|
Science Applications International Corporation Common Stock
NASDAQ:SAIC
|
$4.16 Billion |
|
Dyno Nobel Ltd
AU:DNL
|
$4.16 Billion |
|
Trex Company Inc
NYSE:TREX
|
$4.16 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Klabin S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,653,000,000 to 7,885,946,000, a change of 1,232,946,000 (18.5%).
- Net income of 1,678,211,000 contributed positively to equity growth.
- Dividend payments of 957,000,000 reduced retained earnings.
- Share repurchases of 33,050,000 reduced equity.
- New share issuances of 33,050,000 increased equity.
- Other comprehensive income increased equity by 3,543,194,000.
- Other factors decreased equity by 3,031,459,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$1.68 Billion | +21.28% |
| Dividends Paid | R$957.00 Million | -12.14% |
| Share Repurchases | R$33.05 Million | -0.42% |
| Share Issuances | R$33.05 Million | +0.42% |
| Other Comprehensive Income | R$3.54 Billion | +44.93% |
| Other Changes | R$-3.03 Billion | -38.44% |
| Total Change | R$- | 18.53% |
Book Value vs Market Value Analysis
This analysis compares Klabin 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: 13.60x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 7.84x to 13.60x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | R$2.23 | R$17.48 | x |
| 2005-12-31 | R$2.34 | R$17.48 | x |
| 2006-12-31 | R$2.68 | R$17.48 | x |
| 2007-12-31 | R$3.00 | R$17.48 | x |
| 2008-12-31 | R$2.49 | R$17.48 | x |
| 2009-12-31 | R$5.08 | R$17.48 | x |
| 2010-12-31 | R$5.56 | R$17.48 | x |
| 2011-12-31 | R$5.58 | R$17.48 | x |
| 2012-12-31 | R$6.11 | R$17.48 | x |
| 2013-12-31 | R$6.08 | R$17.48 | x |
| 2014-12-31 | R$6.71 | R$17.48 | x |
| 2015-12-31 | R$4.96 | R$17.48 | x |
| 2016-12-31 | R$6.75 | R$17.48 | x |
| 2017-12-31 | R$6.88 | R$17.48 | x |
| 2018-12-31 | R$5.99 | R$17.48 | x |
| 2019-12-31 | R$1.15 | R$17.48 | x |
| 2020-12-31 | R$0.69 | R$17.48 | x |
| 2021-12-31 | R$1.05 | R$17.48 | x |
| 2022-12-31 | R$1.74 | R$17.48 | x |
| 2023-12-31 | R$1.91 | R$17.48 | x |
| 2024-12-31 | R$1.09 | R$17.48 | x |
| 2025-12-31 | R$1.29 | R$17.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Klabin 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): 21.28%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.11%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 8.09x
- Recent ROE (21.28%) is above the historical average (11.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 22.24% | 16.69% | 0.62x | 2.13x | R$250.73 Million |
| 2005 | 14.39% | 11.42% | 0.59x | 2.15x | R$94.37 Million |
| 2006 | 19.24% | 17.45% | 0.44x | 2.49x | R$227.41 Million |
| 2007 | 22.24% | 21.59% | 0.36x | 2.87x | R$332.26 Million |
| 2008 | -15.52% | -11.26% | 0.38x | 3.67x | R$-573.35 Million |
| 2009 | 3.68% | 5.80% | 0.26x | 2.45x | R$-294.47 Million |
| 2010 | 11.21% | 15.28% | 0.30x | 2.46x | R$60.37 Million |
| 2011 | 3.69% | 4.70% | 0.31x | 2.57x | R$-313.11 Million |
| 2012 | 13.87% | 18.06% | 0.30x | 2.60x | R$209.87 Million |
| 2013 | 5.38% | 6.31% | 0.31x | 2.77x | R$-249.17 Million |
| 2014 | 10.35% | 14.92% | 0.23x | 3.00x | R$24.50 Million |
| 2015 | -23.41% | -22.03% | 0.22x | 4.91x | R$-1.79 Billion |
| 2016 | 34.96% | 35.00% | 0.24x | 4.13x | R$1.77 Billion |
| 2017 | 7.36% | 6.36% | 0.27x | 4.22x | R$-191.25 Million |
| 2018 | 2.18% | 1.37% | 0.34x | 4.71x | R$-491.77 Million |
| 2019 | 11.18% | 6.58% | 0.30x | 5.74x | R$71.14 Million |
| 2020 | -65.29% | -20.82% | 0.34x | 9.26x | R$-2.87 Billion |
| 2021 | 52.61% | 18.32% | 0.39x | 7.33x | R$2.45 Billion |
| 2022 | 46.67% | 22.27% | 0.42x | 4.98x | R$3.51 Billion |
| 2023 | 23.26% | 14.95% | 0.33x | 4.78x | R$1.54 Billion |
| 2024 | 27.52% | 9.32% | 0.33x | 8.93x | R$1.17 Billion |
| 2025 | 21.28% | 8.11% | 0.32x | 8.09x | R$889.62 Million |
Industry Comparison
This section compares Klabin S.A.'s net assets metrics with peer companies in the Paper & Paper Products industry.
Industry Context
- Industry: Paper & Paper Products
- Average net assets among peers: $5,989,459,000
- Average return on equity (ROE) among peers: -7.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Klabin S.A. (KLBN11) | R$7.89 Billion | 22.24% | 7.09x | $4.17 Billion |
| Klabin S.A (KLBN3) | $2.25 Billion | -15.52% | 2.67x | $1.59 Billion |
| Suzano S.A. (SUZB3) | $9.73 Billion | 0.31% | 1.23x | $10.63 Billion |
About Klabin S.A.
Klabin S.A., together with its subsidiaries, produces and exports packaging paper and sustainable paper packaging solutions in Brazil and internationally. The company operates through Forestry, Pulp, Paper, and Packaging segments. It engages in the planting and growing of pine and eucalyptus trees, and in the forest management business. The company is also involved in the sale of commercial timbe… Read more