MRS Logística S.A.

SA:MRSA3B Brazil Railroads
Market Cap
$1.29 Billion
R$7.86 Billion BRL
Market Cap Rank
#22806 Global
#210 in Brazil
Share Price
R$42.00
Change (1 day)
+0.00%
52-Week Range
R$25.04 - R$49.99
All Time High
R$49.99
Categories
Companies in Brazil Railroads
About

MRS Logística S.A. is a logistics operator that manages a railway network in Brazil. The company manages a railway network of 1,643 km in the states of Minas Gerais, Rio de Janeiro, and São Paulo. It transports containers; cement; bauxite; agricultural commodities, such as corn, sugar, soybeans, and soybean meal; and steel products, including iron ore, coal, and coke. The company was incorporated… Read more

MRS Logística S.A. (MRSA3B) - Net Assets

Latest net assets as of September 2025: R$5.91 Billion BRL

Based on the latest financial reports, MRS Logística S.A. (MRSA3B) has net assets worth R$5.91 Billion 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$22.75 Billion) and total liabilities (R$16.85 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$5.91 Billion
% of Total Assets 25.97%
Annual Growth Rate 15.56%
5-Year Change 73.11%
10-Year Change 150.19%
Growth Volatility 12.91

MRS Logística S.A. - Net Assets Trend (2004–2024)

This chart illustrates how MRS Logística 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 MRS Logística S.A. (2004–2024)

The table below shows the annual net assets of MRS Logística S.A. from 2004 to 2024.

Year Net Assets Change
2024-12-31 R$7.47 Billion +16.91%
2023-12-31 R$6.39 Billion +15.82%
2022-12-31 R$5.51 Billion +13.74%
2021-12-31 R$4.85 Billion +12.40%
2020-12-31 R$4.31 Billion +5.13%
2019-12-31 R$4.10 Billion +6.72%
2018-12-31 R$3.84 Billion +8.13%
2017-12-31 R$3.56 Billion +7.64%
2016-12-31 R$3.30 Billion +10.68%
2015-12-31 R$2.98 Billion +4.79%
2014-12-31 R$2.85 Billion +6.70%
2013-12-31 R$2.67 Billion +6.36%
2012-12-31 R$2.51 Billion +9.22%
2011-12-31 R$2.30 Billion +14.62%
2010-12-31 R$2.00 Billion +10.52%
2009-12-31 R$1.81 Billion +16.87%
2008-12-31 R$1.55 Billion +28.68%
2007-12-31 R$1.21 Billion +32.06%
2006-12-31 R$913.21 Million +45.13%
2005-12-31 R$629.22 Million +52.05%
2004-12-31 R$413.83 Million --

Equity Component Analysis

This analysis shows how different components contribute to MRS Logística 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 341722100000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings R$3.42 Billion 45.77%
Common Stock R$4.04 Billion 54.07%
Other Comprehensive Income R$11.84 Million 0.16%
Total Equity R$7.47 Billion 100.00%

MRS Logística S.A. Competitors by Market Cap

The table below lists competitors of MRS Logística S.A. ranked by their market capitalization.

Company Market Cap
HS Valve Co. Ltd
KQ:039610
 		$35.81 Million
Jaeren Sparebank
OL:JAREN
 		$35.81 Million
Ulusal Faktoring AS
IS:ULUFA
 		$35.82 Million
Onyx Healthcare Inc.
TWO:6569
 		$35.87 Million
Sea & Land Integrated Co
TWO:5603
 		$35.78 Million
Azure Power Global Limited
PINK:AZREF
 		$35.77 Million
Powernet Technologies Corp.
KQ:037030
 		$35.76 Million
Kumkang Kind Co Ltd
KO:014285
 		$35.76 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in MRS Logística S.A.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 6,385,802,000 to 7,465,937,000, a change of 1,080,135,000 (16.9%).
  • Net income of 1,415,510,000 contributed positively to equity growth.
  • Dividend payments of 284,989,000 reduced retained earnings.
  • Other comprehensive income increased equity by 809,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income R$1.42 Billion +18.96%
Dividends Paid R$284.99 Million -3.82%
Other Comprehensive Income R$809.00K +0.01%
Other Changes R$-51.20 Million -0.69%
Total Change R$- 16.91%

Book Value vs Market Value Analysis

This analysis compares MRS Logística 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: 1.99x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 34.51x to 1.99x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-12-31 R$1.22 R$42.00 x
2005-12-31 R$1.85 R$42.00 x
2006-12-31 R$2.69 R$42.00 x
2007-12-31 R$3.55 R$42.00 x
2008-12-31 R$4.56 R$42.00 x
2009-12-31 R$5.11 R$42.00 x
2010-12-31 R$5.64 R$42.00 x
2011-12-31 R$6.47 R$42.00 x
2012-12-31 R$7.06 R$42.00 x
2013-12-31 R$7.51 R$42.00 x
2014-12-31 R$8.02 R$42.00 x
2015-12-31 R$8.40 R$42.00 x
2016-12-31 R$9.30 R$42.00 x
2017-12-31 R$10.01 R$42.00 x
2018-12-31 R$10.82 R$42.00 x
2019-12-31 R$11.55 R$42.00 x
2020-12-31 R$12.14 R$42.00 x
2021-12-31 R$13.65 R$42.00 x
2022-12-31 R$15.52 R$42.00 x
2023-12-31 R$18.03 R$42.00 x
2024-12-31 R$21.15 R$42.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently MRS Logística 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): 18.96%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 20.15%
  • • Asset Turnover: 0.34x
  • • Equity Multiplier: 2.76x
  • Recent ROE (18.96%) is below the historical average (25.37%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 53.73% 15.92% 0.80x 4.20x R$180.96 Million
2005 65.20% 23.89% 0.84x 3.23x R$347.33 Million
2006 59.23% 27.55% 0.80x 2.68x R$449.62 Million
2007 46.03% 25.62% 0.69x 2.59x R$434.51 Million
2008 42.74% 22.44% 0.63x 3.01x R$508.01 Million
2009 33.40% 26.61% 0.47x 2.65x R$424.38 Million
2010 21.89% 19.53% 0.47x 2.38x R$238.39 Million
2011 22.68% 18.20% 0.50x 2.49x R$291.20 Million
2012 17.54% 14.72% 0.49x 2.42x R$189.15 Million
2013 17.59% 15.45% 0.46x 2.49x R$202.53 Million
2014 13.30% 12.37% 0.44x 2.46x R$93.99 Million
2015 9.91% 9.32% 0.39x 2.70x R$-2.61 Million
2016 12.64% 12.73% 0.42x 2.34x R$87.26 Million
2017 12.97% 13.21% 0.45x 2.20x R$105.72 Million
2018 13.57% 14.00% 0.45x 2.13x R$137.20 Million
2019 12.27% 15.73% 0.30x 2.61x R$93.10 Million
2020 9.98% 11.94% 0.32x 2.58x R$-999.90K
2021 14.43% 15.80% 0.33x 2.77x R$214.84 Million
2022 15.85% 15.63% 0.38x 2.64x R$322.81 Million
2023 18.79% 18.61% 0.36x 2.83x R$561.57 Million
2024 18.96% 20.15% 0.34x 2.76x R$668.92 Million

Industry Comparison

This section compares MRS Logística S.A.'s net assets metrics with peer companies in the Railroads industry.

Industry Context

  • Industry: Railroads
  • Average net assets among peers: $47,892,000,000
  • Average return on equity (ROE) among peers: 7.76%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
MRS Logística S.A. (MRSA3B) R$5.91 Billion 53.73% 2.85x $35.78 Million
Canadian Pacific Kansas City Limited (CPRL34) $47.89 Billion 7.76% 0.83x $15.15 Billion