Plano & Plano Desenvolvimento Imobiliário S.A

SA:PLPL3 Brazil Real Estate - Development
Market Cap
$478.12 Million
R$2.91 Billion BRL
Market Cap Rank
#17002 Global
#143 in Brazil
Share Price
R$14.35
Change (1 day)
+5.59%
52-Week Range
R$11.45 - R$18.00
All Time High
R$18.00
About

Plano & Plano Desenvolvimento Imobiliário S.A., through its subsidiaries develops, constructs, and sells real estate projects in the São Paulo Metropolitan Region. The company was founded in 1997 and is based in São Paulo, Brazil.

Plano & Plano Desenvolvimento Imobiliário S.A (PLPL3) - Net Assets

Latest net assets as of September 2025: R$989.58 Million BRL

Based on the latest financial reports, Plano & Plano Desenvolvimento Imobiliário S.A (PLPL3) has net assets worth R$989.58 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$3.83 Billion) and total liabilities (R$2.84 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$989.58 Million
% of Total Assets 25.85%
Annual Growth Rate N/A
5-Year Change 297.86%
10-Year Change N/A
Growth Volatility 36.64

Plano & Plano Desenvolvimento Imobiliário S.A - Net Assets Trend (2016–2024)

This chart illustrates how Plano & Plano Desenvolvimento Imobiliário 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 Plano & Plano Desenvolvimento Imobiliário S.A (2016–2024)

The table below shows the annual net assets of Plano & Plano Desenvolvimento Imobiliário S.A from 2016 to 2024.

Year Net Assets Change
2024-12-31 R$915.65 Million +41.72%
2023-12-31 R$646.11 Million +57.50%
2022-12-31 R$410.24 Million +29.32%
2021-12-31 R$317.22 Million +37.84%
2020-12-31 R$230.14 Million +139.99%
2019-12-31 R$95.90 Million +39.26%
2018-12-31 R$68.86 Million +88.71%
2017-12-31 R$36.49 Million +1633.84%
2016-12-31 R$-2.38 Million --

Equity Component Analysis

This analysis shows how different components contribute to Plano & Plano 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 68830200000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings R$688.30 Million 81.24%
Common Stock R$175.23 Million 20.68%
Total Equity R$847.24 Million 100.00%

Plano & Plano Desenvolvimento Imobiliário S.A Competitors by Market Cap

The table below lists competitors of Plano & Plano Desenvolvimento Imobiliário S.A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Plano & Plano Desenvolvimento Imobiliário S.A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 617,147,000 to 847,235,000, a change of 230,088,000 (37.3%).
  • Net income of 343,824,000 contributed positively to equity growth.
  • Dividend payments of 118,484,000 reduced retained earnings.
  • Share repurchases of 4,270,000 reduced equity.
  • New share issuances of 4,270,000 increased equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income R$343.82 Million +40.58%
Dividends Paid R$118.48 Million -13.98%
Share Repurchases R$4.27 Million -0.5%
Share Issuances R$4.27 Million +0.5%
Other Changes R$4.75 Million +0.56%
Total Change R$- 37.28%

Book Value vs Market Value Analysis

This analysis compares Plano & Plano 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: 3.37x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 80.33x to 3.37x 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$0.18 R$14.35 x
2018-12-31 R$0.34 R$14.35 x
2019-12-31 R$0.47 R$14.35 x
2020-12-31 R$1.13 R$14.35 x
2021-12-31 R$1.57 R$14.35 x
2022-12-31 R$2.07 R$14.35 x
2023-12-31 R$3.11 R$14.35 x
2024-12-31 R$4.26 R$14.35 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Plano & Plano 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): 40.58%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 13.28%
  • • Asset Turnover: 1.00x
  • • Equity Multiplier: 3.05x
  • Recent ROE (40.58%) is below the historical average (61.82%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2017 106.52% 12.36% 1.01x 8.50x R$35.22 Million
2018 64.75% 10.10% 0.89x 7.21x R$37.70 Million
2019 106.60% 14.23% 1.04x 7.23x R$92.63 Million
2020 57.44% 14.67% 0.94x 4.18x R$109.19 Million
2021 42.58% 10.63% 1.00x 4.00x R$103.36 Million
2022 32.59% 8.96% 0.92x 3.95x R$92.66 Million
2023 43.52% 12.96% 1.02x 3.30x R$206.84 Million
2024 40.58% 13.28% 1.00x 3.05x R$259.10 Million

Industry Comparison

This section compares Plano & Plano Desenvolvimento Imobiliário S.A's net assets metrics with peer companies in the Real Estate - Development industry.

Industry Context

  • Industry: Real Estate - Development
  • Average net assets among peers: $1,584,251,200
  • Average return on equity (ROE) among peers: 8.93%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Plano & Plano Desenvolvimento Imobiliário S.A (PLPL3) R$989.58 Million 106.52% 2.87x $133.29 Million
Alphaville S.A (AVLL3) $-771.73 Million 0.00% 0.00x $14.14 Million
Cury Construtora e Incorporadora S.A (CURY3) $315.15 Million 28.87% 2.51x $900.19 Million
Direcional Engenharia S.A. (DIRR3) $319.76 Million 20.15% 0.81x $731.83 Million
Even Construtora e Incorporadora S.A (EVEN3) $1.81 Billion -8.89% 1.68x $184.49 Million
EZTEC Empreendimentos e Participações S.A (EZTC3) $1.41 Billion 23.41% 0.22x $237.39 Million
Fica Empreendimentos Imobiliarios S.A (FIEI3) $80.08 Million -15.81% 0.17x $1.33 Million
JHSF Participações S.A. (JHSF3) $2.66 Billion 4.07% 1.46x $413.50 Million
MRV Engenharia e Participações S.A (MRVE3) $3.05 Billion 20.78% 1.22x $395.75 Million
Mitre Realty Empreendimentos e Participações S.A (MTRE3) $1.00 Billion 3.47% 1.05x $38.43 Million
PDG Realty S.A. Empreendimentos e Participações (PDGR3) $5.96 Billion 13.24% 1.58x $410.71K