Positivo Tecnologia S.A

SA:POSI3 Brazil Computer Hardware
Market Cap
$103.09 Million
R$627.84 Million BRL
Market Cap Rank
#20999 Global
#180 in Brazil
Share Price
R$4.51
Change (1 day)
+1.12%
52-Week Range
R$3.92 - R$6.15
All Time High
R$13.23
About

Positivo Tecnologia S.A., together with its subsidiaries, develops, manufactures, sells, and distributes hardware, software, and information technology (IT) solutions in Brazil and internationally. It operates through Consumer, Public Institutions, and Corporate segments. The company offers computers, smartphones, tablets, accessories, smart home and environment devices, office products, electron… Read more

Positivo Tecnologia S.A (POSI3) - Net Assets

Latest net assets as of September 2025: R$1.61 Billion BRL

Based on the latest financial reports, Positivo Tecnologia S.A (POSI3) has net assets worth R$1.61 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$4.45 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$1.61 Billion
% of Total Assets 36.18%
Annual Growth Rate 23.47%
5-Year Change 59.33%
10-Year Change 185.59%
Growth Volatility 132.63

Positivo Tecnologia S.A - Net Assets Trend (2003–2024)

This chart illustrates how Positivo Tecnologia 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 Positivo Tecnologia S.A (2003–2024)

The table below shows the annual net assets of Positivo Tecnologia S.A from 2003 to 2024.

Year Net Assets Change
2024-12-31 R$1.65 Billion +3.11%
2023-12-31 R$1.60 Billion +13.52%
2022-12-31 R$1.41 Billion +19.01%
2021-12-31 R$1.18 Billion +14.38%
2020-12-31 R$1.03 Billion +93.15%
2019-12-31 R$534.89 Million +4.90%
2018-12-31 R$509.91 Million +0.70%
2017-12-31 R$506.38 Million -9.45%
2016-12-31 R$559.25 Million -2.98%
2015-12-31 R$576.39 Million -12.77%
2014-12-31 R$660.76 Million +2.33%
2013-12-31 R$645.73 Million +0.89%
2012-12-31 R$640.03 Million +3.37%
2011-12-31 R$619.17 Million -9.78%
2010-12-31 R$686.31 Million +7.49%
2009-12-31 R$638.51 Million +12.02%
2008-12-31 R$570.01 Million +7.67%
2007-12-31 R$529.43 Million +65.71%
2006-12-31 R$319.48 Million +623.40%
2005-12-31 R$44.16 Million +16.07%
2004-12-31 R$38.05 Million +93.53%
2003-12-31 R$19.66 Million --

Equity Component Analysis

This analysis shows how different components contribute to Positivo Tecnologia 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 82012200000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings R$820.12 Million 50.13%
Common Stock R$742.70 Million 45.40%
Other Comprehensive Income R$94.21 Million 5.76%
Total Equity R$1.64 Billion 100.00%

Positivo Tecnologia S.A Competitors by Market Cap

The table below lists competitors of Positivo Tecnologia S.A ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,587,400,000 to 1,635,829,000, a change of 48,429,000 (3.1%).
  • Net income of 80,378,000 contributed positively to equity growth.
  • Dividend payments of 61,992,000 reduced retained earnings.
  • Share repurchases of 9,201,000 reduced equity.
  • New share issuances of 2,799,000 increased equity.
  • Other comprehensive income increased equity by 11,438,000.
  • Other factors increased equity by 25,007,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income R$80.38 Million +4.91%
Dividends Paid R$61.99 Million -3.79%
Share Repurchases R$9.20 Million -0.56%
Share Issuances R$2.80 Million +0.17%
Other Comprehensive Income R$11.44 Million +0.7%
Other Changes R$25.01 Million +1.53%
Total Change R$- 3.05%

Book Value vs Market Value Analysis

This analysis compares Positivo Tecnologia 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: 0.38x
  • 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 21.80x to 0.38x 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$0.21 R$4.51 x
2005-12-31 R$0.51 R$4.51 x
2006-12-31 R$3.67 R$4.51 x
2007-12-31 R$6.03 R$4.51 x
2008-12-31 R$6.63 R$4.51 x
2009-12-31 R$7.43 R$4.51 x
2010-12-31 R$7.98 R$4.51 x
2011-12-31 R$7.19 R$4.51 x
2012-12-31 R$7.43 R$4.51 x
2013-12-31 R$7.50 R$4.51 x
2014-12-31 R$7.73 R$4.51 x
2015-12-31 R$6.76 R$4.51 x
2016-12-31 R$6.54 R$4.51 x
2017-12-31 R$5.83 R$4.51 x
2018-12-31 R$5.86 R$4.51 x
2019-12-31 R$6.09 R$4.51 x
2020-12-31 R$7.49 R$4.51 x
2021-12-31 R$8.33 R$4.51 x
2022-12-31 R$9.97 R$4.51 x
2023-12-31 R$11.31 R$4.51 x
2024-12-31 R$11.72 R$4.51 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Positivo Tecnologia 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): 4.91%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.18%
  • • Asset Turnover: 0.83x
  • • Equity Multiplier: 2.73x
  • Recent ROE (4.91%) is below the historical average (6.28%), 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 -41.42% -3.93% 1.34x 7.87x R$-9.26 Million
2005 38.30% 3.13% 1.86x 6.57x R$12.50 Million
2006 6.56% 2.04% 1.76x 1.83x R$-11.01 Million
2007 12.42% 4.14% 1.68x 1.78x R$12.83 Million
2008 23.87% 7.06% 1.66x 2.04x R$79.07 Million
2009 20.05% 5.87% 1.62x 2.11x R$64.17 Million
2010 13.00% 3.83% 1.43x 2.38x R$20.57 Million
2011 -10.97% -3.26% 1.33x 2.53x R$-129.82 Million
2012 4.72% 1.44% 1.19x 2.76x R$-33.81 Million
2013 2.41% 0.68% 1.21x 2.91x R$-48.98 Million
2014 3.52% 1.13% 1.17x 2.66x R$-42.80 Million
2015 -13.86% -4.33% 0.96x 3.33x R$-137.52 Million
2016 1.58% 0.51% 0.96x 3.26x R$-47.09 Million
2017 -9.39% -2.77% 0.99x 3.42x R$-98.19 Million
2018 -0.09% -0.03% 0.94x 3.52x R$-51.36 Million
2019 3.12% 0.97% 0.88x 3.69x R$-36.24 Million
2020 18.69% 9.72% 0.70x 2.76x R$88.78 Million
2021 17.09% 5.95% 0.90x 3.20x R$83.07 Million
2022 21.71% 6.89% 1.05x 3.01x R$163.51 Million
2023 15.54% 6.28% 0.86x 2.89x R$88.02 Million
2024 4.91% 2.18% 0.83x 2.73x R$-83.20 Million

Industry Comparison

This section compares Positivo Tecnologia S.A's net assets metrics with peer companies in the Computer Hardware industry.

No peer company data available for comparison.