Magazine Luiza S.A (MGLU3) - Net Assets
Based on the latest financial reports, Magazine Luiza S.A (MGLU3) has net assets worth R$11.16 Billion BRL (≈ $2.19 Billion 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$37.22 Billion ≈ $7.30 Billion USD) and total liabilities (R$26.06 Billion ≈ $5.11 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 Magazine Luiza S.A asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$11.16 Billion |
| % of Total Assets | 29.98% |
| Annual Growth Rate | 35.59% |
| 5-Year Change | 54.52% |
| 10-Year Change | 1609.31% |
| Growth Volatility | 306.22 |
Magazine Luiza S.A - Net Assets Trend (2008–2024)
This chart illustrates how Magazine Luiza S.A's net assets have evolved over time, based on quarterly financial data. Also explore MGLU3 current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Magazine Luiza S.A (2008–2024)
The table below shows the annual net assets of Magazine Luiza S.A from 2008 to 2024. For live valuation and market cap data, see MGLU3 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$11.32 Billion ≈ $2.22 Billion |
+17.78% |
| 2023-12-31 | R$9.61 Billion ≈ $1.89 Billion |
-9.75% |
| 2022-12-31 | R$10.65 Billion ≈ $2.09 Billion |
-5.44% |
| 2021-12-31 | R$11.26 Billion ≈ $2.21 Billion |
+53.73% |
| 2020-12-31 | R$7.33 Billion ≈ $1.44 Billion |
-3.17% |
| 2019-12-31 | R$7.56 Billion ≈ $1.48 Billion |
+228.50% |
| 2018-12-31 | R$2.30 Billion ≈ $451.87 Million |
+11.04% |
| 2017-12-31 | R$2.07 Billion ≈ $406.95 Million |
+233.66% |
| 2016-12-31 | R$621.59 Million ≈ $121.97 Million |
-6.13% |
| 2015-12-31 | R$662.21 Million ≈ $129.94 Million |
-12.23% |
| 2014-12-31 | R$754.47 Million ≈ $148.04 Million |
+8.62% |
| 2013-12-31 | R$694.61 Million ≈ $136.30 Million |
+12.76% |
| 2012-12-31 | R$615.99 Million ≈ $120.87 Million |
-0.80% |
| 2011-12-31 | R$620.95 Million ≈ $121.84 Million |
+1209.02% |
| 2010-12-31 | R$47.44 Million ≈ $9.31 Million |
+890.60% |
| 2009-12-31 | R$-6.00 Million ≈ $-1.18 Million |
-106.92% |
| 2008-12-31 | R$86.70 Million ≈ $17.01 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Magazine Luiza 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 90875400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$768.55 Million | 6.79% |
| Common Stock | R$13.60 Billion | 120.17% |
| Other Comprehensive Income | R$-2.55 Billion | -22.51% |
| Total Equity | R$11.32 Billion | 100.00% |
Magazine Luiza S.A Competitors by Market Cap
The table below lists competitors of Magazine Luiza S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Uniqure NV
NASDAQ:QURE
|
$1.19 Billion |
|
Arafura Rare EARTHS Ltd
AU:ARU
|
$1.19 Billion |
|
Yueyang Forest & Paper Co Ltd
SHG:600963
|
$1.19 Billion |
|
Ujjivan Small Finance Bank Limited
NSE:UJJIVANSFB
|
$1.19 Billion |
|
Wuxi Xinhongtai ElecTech
SHG:603016
|
$1.19 Billion |
|
FGV Holdings Bhd
KLSE:5222
|
$1.19 Billion |
|
Guangzhou Pearl River Piano Group Co Ltd
SHE:002678
|
$1.19 Billion |
|
Nationwide Building Society
LSE:NBS
|
$1.19 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Magazine Luiza S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 9,610,534,000 to 11,319,262,000, a change of 1,708,728,000 (17.8%).
- Net income of 448,717,000 contributed positively to equity growth.
- New share issuances of 1,250,000,000 increased equity.
- Other comprehensive income decreased equity by 477,018,000.
- Other factors increased equity by 487,029,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$448.72 Million | +3.96% |
| Share Issuances | R$1.25 Billion | +11.04% |
| Other Comprehensive Income | R$-477.02 Million | -4.21% |
| Other Changes | R$487.03 Million | +4.3% |
| Total Change | R$- | 17.78% |
Book Value vs Market Value Analysis
This analysis compares Magazine Luiza 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: 0.54x
- 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 49.97x to 0.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | R$0.16 | R$8.23 | x |
| 2009-12-31 | R$-0.01 | R$8.23 | x |
| 2010-12-31 | R$0.09 | R$8.23 | x |
| 2011-12-31 | R$1.04 | R$8.23 | x |
| 2012-12-31 | R$0.97 | R$8.23 | x |
| 2013-12-31 | R$1.09 | R$8.23 | x |
| 2014-12-31 | R$1.19 | R$8.23 | x |
| 2015-12-31 | R$1.09 | R$8.23 | x |
| 2016-12-31 | R$1.04 | R$8.23 | x |
| 2017-12-31 | R$3.41 | R$8.23 | x |
| 2018-12-31 | R$3.53 | R$8.23 | x |
| 2019-12-31 | R$10.79 | R$8.23 | x |
| 2020-12-31 | R$10.46 | R$8.23 | x |
| 2021-12-31 | R$15.64 | R$8.23 | x |
| 2022-12-31 | R$14.78 | R$8.23 | x |
| 2023-12-31 | R$14.24 | R$8.23 | x |
| 2024-12-31 | R$15.38 | R$8.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Magazine Luiza S.A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.18%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 3.30x
- Recent ROE (3.96%) is below the historical average (8.90%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -88.57% | -2.94% | 1.25x | 24.21x | R$-85.36 Million |
| 2009 | 0.00% | -2.77% | 1.27x | 0.00x | R$-92.09 Million |
| 2010 | 145.04% | 1.43% | 1.22x | 82.80x | R$64.06 Million |
| 2011 | 1.88% | 0.18% | 1.83x | 5.64x | R$-50.43 Million |
| 2012 | -1.09% | -0.10% | 1.72x | 6.67x | R$-68.34 Million |
| 2013 | 16.38% | 1.41% | 1.72x | 6.79x | R$44.34 Million |
| 2014 | 17.04% | 1.31% | 1.85x | 7.01x | R$53.11 Million |
| 2015 | -9.91% | -0.73% | 1.61x | 8.44x | R$-131.83 Million |
| 2016 | 13.93% | 0.91% | 1.56x | 9.81x | R$24.41 Million |
| 2017 | 18.76% | 3.25% | 1.62x | 3.58x | R$181.62 Million |
| 2018 | 25.94% | 3.83% | 1.77x | 3.82x | R$367.14 Million |
| 2019 | 12.19% | 4.64% | 1.00x | 2.62x | R$165.33 Million |
| 2020 | 5.35% | 1.34% | 1.18x | 3.36x | R$-340.82 Million |
| 2021 | 5.25% | 1.67% | 0.92x | 3.41x | R$-535.46 Million |
| 2022 | -4.69% | -1.34% | 0.99x | 3.55x | R$-1.56 Billion |
| 2023 | -10.19% | -2.66% | 0.98x | 3.90x | R$-1.94 Billion |
| 2024 | 3.96% | 1.18% | 1.02x | 3.30x | R$-683.21 Million |
Industry Comparison
This section compares Magazine Luiza S.A's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $1,982,013,667
- Average return on equity (ROE) among peers: 4.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Magazine Luiza S.A (MGLU3) | R$11.16 Billion | -88.57% | 2.34x | $1.19 Billion |
| Grupo Casas Bahia S.A. (BHIA3) | $4.71 Billion | 19.89% | 2.39x | $490.11 Million |
| Pet Center Comércio e Participações S.A. (PETZ3) | $72.34 Million | -18.93% | 1.15x | $388.61 Million |
| Vibra Energia S.A. (VBBR3) | $1.16 Billion | 11.97% | 0.59x | $7.79 Billion |
About Magazine Luiza S.A
Magazine Luiza S.A. engages in the retail sale of consumer goods. It operates through Retail, Financial Operations, Insurance Operations, and Other Services segments. The company also grants credit and provides extended warranties for its products. In addition, it is involved in the provision of consortium and management services; and e-commerce of perfumes, cosmetics, sports, and fashion product… Read more