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
Klabin S.A (KLBN3) - Net Assets
Latest net assets as of December 2025: R$7.89 Billion BRL
Based on the latest financial reports, Klabin S.A (KLBN3) has net assets worth R$7.89 Billion BRL 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) and total liabilities (R$55.91 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$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. Explore and compare other companies by net assets.
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.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$14.40 Billion | +66.72% |
| 2024-12-31 | R$8.64 Billion | -37.10% |
| 2023-12-31 | R$13.73 Billion | +18.71% |
| 2022-12-31 | R$11.57 Billion | +63.25% |
| 2021-12-31 | R$7.09 Billion | +61.61% |
| 2020-12-31 | R$4.38 Billion | -32.56% |
| 2019-12-31 | R$6.50 Billion | -0.49% |
| 2018-12-31 | R$6.53 Billion | -9.69% |
| 2017-12-31 | R$7.23 Billion | +1.88% |
| 2016-12-31 | R$7.10 Billion | +32.66% |
| 2015-12-31 | R$5.35 Billion | -24.17% |
| 2014-12-31 | R$7.06 Billion | +30.89% |
| 2013-12-31 | R$5.39 Billion | -0.52% |
| 2012-12-31 | R$5.42 Billion | +9.33% |
| 2011-12-31 | R$4.96 Billion | -0.72% |
| 2010-12-31 | R$4.99 Billion | +5.83% |
| 2009-12-31 | R$4.72 Billion | +110.00% |
| 2008-12-31 | R$2.25 Billion | -17.19% |
| 2007-12-31 | R$2.71 Billion | +5.46% |
| 2006-12-31 | R$2.57 Billion | +14.63% |
| 2005-12-31 | R$2.24 Billion | +3.59% |
| 2004-12-31 | R$2.17 Billion | -- |
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 |
|---|---|
|
DTS Corporation
F:DA9
|
$773.82 Million |
|
Jinzi Ham Co Ltd
SHE:002515
|
$773.86 Million |
|
Gansu Jiu Steel Group Hongxing Iron & Steel Co Ltd
SHG:600307
|
$774.08 Million |
|
Financial Street Holdings Co Ltd
SHE:000402
|
$774.22 Million |
|
NOLATO AB SER.B
F:NBF
|
$773.08 Million |
|
Shanxi Zhangze Electric Power Co Ltd
SHE:000767
|
$772.95 Million |
|
Ennoconn Corp
TW:6414
|
$772.89 Million |
|
GNI Group Ltd
F:3G6
|
$772.60 Million |
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: 2.99x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.72x to 2.99x 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$3.84 | x |
| 2005-12-31 | R$2.34 | R$3.84 | x |
| 2006-12-31 | R$2.68 | R$3.84 | x |
| 2007-12-31 | R$3.00 | R$3.84 | x |
| 2008-12-31 | R$2.49 | R$3.84 | x |
| 2009-12-31 | R$5.08 | R$3.84 | x |
| 2010-12-31 | R$5.56 | R$3.84 | x |
| 2011-12-31 | R$5.58 | R$3.84 | x |
| 2012-12-31 | R$6.11 | R$3.84 | x |
| 2013-12-31 | R$6.08 | R$3.84 | x |
| 2014-12-31 | R$6.71 | R$3.84 | x |
| 2015-12-31 | R$4.96 | R$3.84 | x |
| 2016-12-31 | R$6.75 | R$3.84 | x |
| 2017-12-31 | R$6.88 | R$3.84 | x |
| 2018-12-31 | R$5.99 | R$3.84 | x |
| 2019-12-31 | R$1.15 | R$3.84 | x |
| 2020-12-31 | R$0.69 | R$3.84 | x |
| 2021-12-31 | R$1.05 | R$3.84 | x |
| 2022-12-31 | R$1.74 | R$3.84 | x |
| 2023-12-31 | R$1.91 | R$3.84 | x |
| 2024-12-31 | R$1.09 | R$3.84 | x |
| 2025-12-31 | R$1.29 | R$3.84 | 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: $2,746,261,000
- Average return on equity (ROE) among peers: 21.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Klabin S.A (KLBN3) | R$7.89 Billion | 22.24% | 7.09x | $773.72 Million |
| Suzano S.A. (SUZB3) | $2.75 Billion | 21.96% | 1.13x | $5.90 Billion |