International Meal Company Alimentação S.A

SA:MEAL3 Brazil Restaurants
Market Cap
$48.96 Million
R$298.14 Million BRL
Market Cap Rank
#22188 Global
#200 in Brazil
Share Price
R$1.04
Change (1 day)
-0.95%
52-Week Range
R$1.04 - R$1.44
All Time High
R$10.36
About

International Meal Company Alimentação S.A., together with its subsidiaries, operates restaurants, bars, and cafes that offers food and beverages in Brazil, Colombia, and the United States. The company also for airlines; operates food courts at service stations and restaurant chains along highways; sells fuel for vehicles; provides services to franchisees of the KFC and Pizza Hut brands; and subl… Read more

International Meal Company Alimentação S.A (MEAL3) - Net Assets

Latest net assets as of September 2025: R$901.64 Million BRL

Based on the latest financial reports, International Meal Company Alimentação S.A (MEAL3) has net assets worth R$901.64 Million 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$2.29 Billion) and total liabilities (R$1.38 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$901.64 Million
% of Total Assets 39.45%
Annual Growth Rate 12.3%
5-Year Change -11.86%
10-Year Change -13.52%
Growth Volatility 30.06

International Meal Company Alimentação S.A - Net Assets Trend (2008–2024)

This chart illustrates how International Meal Company Alimentação 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 International Meal Company Alimentação S.A (2008–2024)

The table below shows the annual net assets of International Meal Company Alimentação S.A from 2008 to 2024.

Year Net Assets Change
2024-12-31 R$1.04 Billion +1.80%
2023-12-31 R$1.02 Billion -9.55%
2022-12-31 R$1.13 Billion +0.36%
2021-12-31 R$1.13 Billion -4.63%
2020-12-31 R$1.18 Billion +3.17%
2019-12-31 R$1.15 Billion +12.79%
2018-12-31 R$1.02 Billion +1.12%
2017-12-31 R$1.00 Billion -3.54%
2016-12-31 R$1.04 Billion -13.56%
2015-12-31 R$1.20 Billion +32.17%
2014-12-31 R$911.07 Million -1.18%
2013-12-31 R$921.91 Million +4.88%
2012-12-31 R$879.04 Million +7.02%
2011-12-31 R$821.35 Million +59.57%
2010-12-31 R$514.74 Million +59.88%
2009-12-31 R$321.95 Million +97.84%
2008-12-31 R$162.73 Million --

Equity Component Analysis

This analysis shows how different components contribute to International Meal Company Alimentação 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 64666100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock R$1.15 Billion 110.87%
Other Comprehensive Income R$539.05 Million 51.77%
Total Equity R$1.04 Billion 100.00%

International Meal Company Alimentação S.A Competitors by Market Cap

The table below lists competitors of International Meal Company Alimentação S.A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in International Meal Company Alimentação S.A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,022,851,000 to 1,041,298,000, a change of 18,447,000 (1.8%).
  • Net loss of 76,278,000 reduced equity.
  • Dividend payments of 30,022,000 reduced retained earnings.
  • Other comprehensive income increased equity by 94,725,000.
  • Other factors increased equity by 30,022,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income R$-76.28 Million -7.33%
Dividends Paid R$30.02 Million -2.88%
Other Comprehensive Income R$94.72 Million +9.1%
Other Changes R$30.02 Million +2.88%
Total Change R$- 1.80%

Book Value vs Market Value Analysis

This analysis compares International Meal Company Alimentação 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: 0.29x
  • 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.
  • The price-to-book ratio has increased from 0.09x to 0.29x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2010-12-31 R$11.22 R$1.04 x
2011-12-31 R$10.33 R$1.04 x
2012-12-31 R$10.48 R$1.04 x
2013-12-31 R$10.93 R$1.04 x
2014-12-31 R$11.91 R$1.04 x
2015-12-31 R$9.96 R$1.04 x
2016-12-31 R$6.27 R$1.04 x
2017-12-31 R$6.11 R$1.04 x
2018-12-31 R$6.26 R$1.04 x
2019-12-31 R$6.78 R$1.04 x
2020-12-31 R$4.13 R$1.04 x
2021-12-31 R$3.95 R$1.04 x
2022-12-31 R$3.96 R$1.04 x
2023-12-31 R$3.58 R$1.04 x
2024-12-31 R$3.65 R$1.04 x

Capital Efficiency Dashboard

This dashboard shows how efficiently International Meal Company Alimentação 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): -7.33%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -3.43%
  • • Asset Turnover: 0.80x
  • • Equity Multiplier: 2.69x
  • Recent ROE (-7.33%) is below the historical average (-4.69%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2010 1.53% 1.05% 0.67x 2.17x R$-43.60 Million
2011 0.23% 0.21% 0.67x 1.63x R$-80.26 Million
2012 2.03% 1.52% 0.82x 1.63x R$-70.05 Million
2013 0.45% 0.31% 0.84x 1.78x R$-88.01 Million
2014 -2.52% -1.36% 0.90x 2.07x R$-114.04 Million
2015 -8.30% -6.12% 0.73x 1.87x R$-218.11 Million
2016 -7.42% -4.96% 1.02x 1.46x R$-179.50 Million
2017 0.37% 0.25% 0.99x 1.52x R$-95.96 Million
2018 0.78% 0.50% 0.97x 1.61x R$-93.63 Million
2019 -1.38% -0.99% 0.60x 2.35x R$-130.35 Million
2020 -40.09% -41.05% 0.42x 2.33x R$-591.72 Million
2021 -7.14% -4.34% 0.63x 2.62x R$-193.12 Million
2022 6.43% 3.24% 0.76x 2.61x R$-40.41 Million
2023 -8.02% -3.68% 0.81x 2.68x R$-184.28 Million
2024 -7.33% -3.43% 0.80x 2.69x R$-180.41 Million

Industry Comparison

This section compares International Meal Company Alimentação S.A's net assets metrics with peer companies in the Restaurants industry.

Industry Context

  • Industry: Restaurants
  • Average net assets among peers: $1,546,026,000
  • Average return on equity (ROE) among peers: -12.37%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
International Meal Company Alimentação S.A (MEAL3) R$901.64 Million 1.53% 1.54x $40.88 Million
Zamp S.A. (ZAMP3) $1.55 Billion -12.37% 2.03x $718.92K