Empreendimentos Pague Menos S.A
Empreendimentos Pague Menos S.A. engages in the retail sale of medicines, perfumes, personal hygiene and beauty products in Brazil. The company offers medicines and health care products in the areas of pediatrics, oncology, psychiatry, urology, orthopedics, dermatology, contraception, pediatric endocrinology, assisted reproduction, geriatric, gastrointestinal and hepatic, pain, fever, and inflamm… Read more
Empreendimentos Pague Menos S.A (PGMN3) - Net Assets
Latest net assets as of September 2025: R$2.86 Billion BRL
Based on the latest financial reports, Empreendimentos Pague Menos S.A (PGMN3) has net assets worth R$2.86 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$9.27 Billion) and total liabilities (R$6.41 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$2.86 Billion |
| % of Total Assets | 30.86% |
| Annual Growth Rate | 26.65% |
| 5-Year Change | 40.26% |
| 10-Year Change | 208.32% |
| Growth Volatility | 33.44 |
Empreendimentos Pague Menos S.A - Net Assets Trend (2009–2024)
This chart illustrates how Empreendimentos Pague Menos 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 Empreendimentos Pague Menos S.A (2009–2024)
The table below shows the annual net assets of Empreendimentos Pague Menos S.A from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$2.72 Billion | +2.33% |
| 2023-12-31 | R$2.66 Billion | +13.96% |
| 2022-12-31 | R$2.33 Billion | +11.69% |
| 2021-12-31 | R$2.09 Billion | +7.69% |
| 2020-12-31 | R$1.94 Billion | +89.45% |
| 2019-12-31 | R$1.02 Billion | -0.66% |
| 2018-12-31 | R$1.03 Billion | +9.56% |
| 2017-12-31 | R$941.27 Million | +7.23% |
| 2016-12-31 | R$877.83 Million | -0.58% |
| 2015-12-31 | R$882.99 Million | +90.26% |
| 2014-12-31 | R$464.10 Million | +17.54% |
| 2013-12-31 | R$394.86 Million | +20.39% |
| 2012-12-31 | R$327.98 Million | +32.64% |
| 2011-12-31 | R$247.26 Million | +68.30% |
| 2010-12-31 | R$146.92 Million | +86.77% |
| 2009-12-31 | R$78.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Empreendimentos Pague Menos 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 102387300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$1.02 Billion | 37.71% |
| Common Stock | R$1.72 Billion | 63.42% |
| Other Comprehensive Income | R$10.42 Million | 0.38% |
| Total Equity | R$2.71 Billion | 100.00% |
Empreendimentos Pague Menos S.A Competitors by Market Cap
The table below lists competitors of Empreendimentos Pague Menos S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Rare Earth Holdings Limited
PINK:CREQF
|
$97.65 Million |
|
Magyar Bancorp Inc
NASDAQ:MGYR
|
$97.66 Million |
|
NISSHIN GROUP HOLDINGS Company Limited
MU:NFU
|
$97.68 Million |
|
Graphisoft Park SE Real Estate Development European Company Limited
F:GUV
|
$97.71 Million |
|
Temapol Polimer Plastik ve Insaat Sanayi Ticaret AS
IS:TMPOL
|
$97.61 Million |
|
Colonial Coal International Corp
PINK:CCARF
|
$97.60 Million |
|
5EV0
F:5EV0
|
$97.49 Million |
|
UNIFIEDPOST GRP S.A./N.V.
F:60Z
|
$97.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Empreendimentos Pague Menos S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,652,989,000 to 2,714,843,000, a change of 61,854,000 (2.3%).
- Net income of 103,099,000 contributed positively to equity growth.
- Dividend payments of 43,233,000 reduced retained earnings.
- Share repurchases of 23,136,000 reduced equity.
- New share issuances of 2,415,000 increased equity.
- Other comprehensive income decreased equity by 1,037,718,001.
- Other factors increased equity by 1,060,427,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$103.10 Million | +3.8% |
| Dividends Paid | R$43.23 Million | -1.59% |
| Share Repurchases | R$23.14 Million | -0.85% |
| Share Issuances | R$2.42 Million | +0.09% |
| Other Comprehensive Income | R$-1.04 Billion | -38.22% |
| Other Changes | R$1.06 Billion | +39.06% |
| Total Change | R$- | 2.33% |
Book Value vs Market Value Analysis
This analysis compares Empreendimentos Pague Menos 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: 1.33x
- 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 4.02x to 1.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | R$1.50 | R$6.04 | x |
| 2010-12-31 | R$2.81 | R$6.04 | x |
| 2011-12-31 | R$1.58 | R$6.04 | x |
| 2012-12-31 | R$0.90 | R$6.04 | x |
| 2013-12-31 | R$1.09 | R$6.04 | x |
| 2014-12-31 | R$1.28 | R$6.04 | x |
| 2015-12-31 | R$2.52 | R$6.04 | x |
| 2016-12-31 | R$2.42 | R$6.04 | x |
| 2017-12-31 | R$2.63 | R$6.04 | x |
| 2018-12-31 | R$2.88 | R$6.04 | x |
| 2019-12-31 | R$2.86 | R$6.04 | x |
| 2020-12-31 | R$4.94 | R$6.04 | x |
| 2021-12-31 | R$4.53 | R$6.04 | x |
| 2022-12-31 | R$5.05 | R$6.04 | x |
| 2023-12-31 | R$5.47 | R$6.04 | x |
| 2024-12-31 | R$4.54 | R$6.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Empreendimentos Pague Menos 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): 3.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.82%
- • Asset Turnover: 1.41x
- • Equity Multiplier: 3.31x
- Recent ROE (3.80%) is below the historical average (17.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 53.37% | 2.32% | 2.95x | 7.78x | R$34.12 Million |
| 2010 | 49.68% | 3.37% | 2.93x | 5.03x | R$58.29 Million |
| 2011 | 44.12% | 3.92% | 2.77x | 4.07x | R$84.36 Million |
| 2012 | 32.73% | 3.42% | 2.41x | 3.96x | R$74.57 Million |
| 2013 | 27.70% | 3.05% | 1.99x | 4.55x | R$69.91 Million |
| 2014 | 25.06% | 2.85% | 1.83x | 4.82x | R$69.89 Million |
| 2015 | 3.50% | 0.67% | 1.53x | 3.42x | R$-57.36 Million |
| 2016 | 4.75% | 0.75% | 2.00x | 3.16x | R$-46.06 Million |
| 2017 | 8.67% | 1.37% | 2.05x | 3.10x | R$-12.56 Million |
| 2018 | 9.02% | 1.49% | 1.85x | 3.27x | R$-10.16 Million |
| 2019 | -0.68% | -0.11% | 1.34x | 4.69x | R$-109.40 Million |
| 2020 | 4.95% | 1.40% | 1.19x | 2.96x | R$-98.06 Million |
| 2021 | 7.87% | 2.18% | 1.15x | 3.14x | R$-44.56 Million |
| 2022 | 11.29% | 2.87% | 1.17x | 3.36x | R$30.21 Million |
| 2023 | 0.01% | 0.00% | 1.25x | 3.39x | R$-265.08 Million |
| 2024 | 3.80% | 0.82% | 1.41x | 3.31x | R$-168.39 Million |
Industry Comparison
This section compares Empreendimentos Pague Menos S.A's net assets metrics with peer companies in the Pharmaceutical Retailers industry.
Industry Context
- Industry: Pharmaceutical Retailers
- Average net assets among peers: $478,967,500
- Average return on equity (ROE) among peers: 4.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Empreendimentos Pague Menos S.A (PGMN3) | R$2.86 Billion | 53.37% | 2.24x | $97.64 Million |
| d1000 Varejo Farma Participações S.A (DMVF3) | $870.86 Million | 2.45% | 0.78x | $13.68 Million |
| Raia Drogasil S.A (RADL3) | $87.08 Million | 5.79% | 0.58x | $5.08 Billion |