Melnick Even Desenvolvimento Imobiliário S.A (MELK3) - Net Assets
Based on the latest financial reports, Melnick Even Desenvolvimento Imobiliário S.A (MELK3) has net assets worth R$1.10 Billion BRL (≈ $215.36 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$2.69 Billion ≈ $528.24 Million USD) and total liabilities (R$1.59 Billion ≈ $312.88 Million 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. Also explore MELK3 net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$1.10 Billion |
| % of Total Assets | 40.77% |
| Annual Growth Rate | 14.29% |
| 5-Year Change | 14.12% |
| 10-Year Change | N/A |
| Growth Volatility | 45.35 |
Melnick Even Desenvolvimento Imobiliário S.A - Net Assets Trend (2016–2024)
This chart illustrates how Melnick Even Desenvolvimento Imobiliário S.A's net assets have evolved over time, based on quarterly financial data. Check Melnick Even Desenvolvimento Imobiliário (MELK3) strategic asset index to assess the company's strategic physical and investment asset allocation.
Annual Net Assets for Melnick Even Desenvolvimento Imobiliário S.A (2016–2024)
The table below shows the annual net assets of Melnick Even Desenvolvimento Imobiliário S.A from 2016 to 2024. For live market cap and overall valuation, see Melnick Even Desenvolvimento Imobiliário (MELK3) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$1.37 Billion ≈ $268.42 Million |
+3.27% |
| 2023-12-31 | R$1.32 Billion ≈ $259.93 Million |
+9.83% |
| 2022-12-31 | R$1.21 Billion ≈ $236.66 Million |
+0.59% |
| 2021-12-31 | R$1.20 Billion ≈ $235.27 Million |
+0.03% |
| 2020-12-31 | R$1.20 Billion ≈ $235.20 Million |
+139.56% |
| 2019-12-31 | R$500.36 Million ≈ $98.18 Million |
+7.51% |
| 2018-12-31 | R$465.42 Million ≈ $91.32 Million |
-2.35% |
| 2017-12-31 | R$476.63 Million ≈ $93.52 Million |
+1.41% |
| 2016-12-31 | R$469.99 Million ≈ $92.22 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Melnick Even Desenvolvimento Imobiliário 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 9076100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$90.76 Million | 7.49% |
| Common Stock | R$1.11 Billion | 91.54% |
| Other Components | R$11.77 Million | 0.97% |
| Total Equity | R$1.21 Billion | 100.00% |
Melnick Even Desenvolvimento Imobiliário S.A Competitors by Market Cap
The table below lists competitors of Melnick Even Desenvolvimento Imobiliário S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ZJK Industrial Co., Ltd
NASDAQ:ZJK
|
$112.12 Million |
|
Global Fashion Group S.A
F:GFG
|
$112.13 Million |
|
MPH Health Care AG
F:93M1
|
$112.17 Million |
|
Trigg Minerals Ltd
AU:TMG
|
$112.23 Million |
|
Baby Bunting Group Ltd
AU:BBN
|
$112.09 Million |
|
Spigen Korea Co. Ltd
KQ:192440
|
$112.09 Million |
|
Zeotech Ltd
AU:ZEO
|
$112.09 Million |
|
SBI Investment KOREA Co. Ltd
KQ:019550
|
$112.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Melnick Even Desenvolvimento Imobiliário S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,205,197,000 to 1,211,564,000, a change of 6,367,000 (0.5%).
- Net income of 71,368,000 contributed positively to equity growth.
- Dividend payments of 81,416,000 reduced retained earnings.
- Other factors increased equity by 16,415,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$71.37 Million | +5.89% |
| Dividends Paid | R$81.42 Million | -6.72% |
| Other Changes | R$16.41 Million | +1.35% |
| Total Change | R$- | 0.53% |
Book Value vs Market Value Analysis
This analysis compares Melnick Even Desenvolvimento Imobiliário 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: 0.47x
- 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 decreased from 1.33x to 0.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | R$2.09 | R$2.78 | x |
| 2018-12-31 | R$2.03 | R$2.78 | x |
| 2019-12-31 | R$2.15 | R$2.78 | x |
| 2020-12-31 | R$5.59 | R$2.78 | x |
| 2021-12-31 | R$5.71 | R$2.78 | x |
| 2022-12-31 | R$5.97 | R$2.78 | x |
| 2023-12-31 | R$5.95 | R$2.78 | x |
| 2024-12-31 | R$5.93 | R$2.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Melnick Even Desenvolvimento Imobiliário 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): 5.89%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.94%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 2.14x
- Recent ROE (5.89%) is below the historical average (8.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 11.26% | 10.01% | 0.43x | 2.59x | R$5.59 Million |
| 2017 | 10.21% | 8.64% | 0.43x | 2.73x | R$918.30K |
| 2018 | 11.97% | 8.55% | 0.51x | 2.74x | R$8.33 Million |
| 2019 | 10.15% | 8.08% | 0.46x | 2.73x | R$674.60K |
| 2020 | 3.66% | 7.31% | 0.32x | 1.54x | R$-73.76 Million |
| 2021 | 7.18% | 10.75% | 0.40x | 1.69x | R$-32.56 Million |
| 2022 | 7.00% | 8.20% | 0.45x | 1.91x | R$-36.23 Million |
| 2023 | 8.62% | 8.78% | 0.49x | 2.01x | R$-16.63 Million |
| 2024 | 5.89% | 6.94% | 0.40x | 2.14x | R$-49.79 Million |
Industry Comparison
This section compares Melnick Even Desenvolvimento Imobiliário S.A's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $1,640,012,333
- Average return on equity (ROE) among peers: 14.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Melnick Even Desenvolvimento Imobiliário S.A (MELK3) | R$1.10 Billion | 11.26% | 1.45x | $112.11 Million |
| Allos S.A. (ALOS3) | $3.31 Billion | 2.94% | 0.48x | $2.66 Billion |
| Helbor Empreendimentos S.A (HBOR3) | $727.83 Million | 26.64% | 1.88x | $49.21 Million |
| HBR Realty Empreendimentos Imobiliários S.A (HBRE3) | $2.73 Billion | 4.83% | 0.72x | $44.85 Million |
| Jereissati Participações S.A. (IGTI11) | $2.53 Billion | 30.78% | 0.72x | $44.25K |
| Jereissati Participações S.A. (IGTI3) | $2.60 Billion | 2.85% | 0.87x | $468.45 Million |
| João Fortes Engenharia S.A. (JFEN3) | $333.13 Million | 26.75% | 2.62x | $1.21 Million |
| Lavvi Empreendimentos Imobiliários S.A (LAVV3) | $1.25 Billion | 14.22% | 0.40x | $368.14 Million |
| LPS Brasil - Consultoria de Imóveis S.A (LPSB3) | $663.36 Million | 0.54% | 0.48x | $37.44 Million |
| Moura Dubeux Engenharia S.A (MDNE3) | $614.14 Million | 16.56% | 2.61x | $407.78 Million |
About Melnick Even Desenvolvimento Imobiliário S.A
Melnick Desenvolvimento Imobiliário S.A. operates as a real estate development company in Brazil. The company undertakes development of residential, commercial, condominium, land, and hotel projects; and provides reversible leasing programs. Melnick Desenvolvimento Imobiliário S.A. was founded in 1970 and is headquartered in Porto Alegre, Brazil.