Porto Seguro S.A
Porto Seguro S.A., together with its subsidiaries, provides a range of insurance products and services in Brazil and Uruguay. It offers auto, residential, travel, cell phone, life, motorcycle, notebook and tablet, photo and video, smart and games, bike, real estate, green card, bail, and moving insurance products, as well as reinsurance, combined protection, professional civil liability, machines… Read more
Porto Seguro S.A (PSSA3) - Net Assets
Latest net assets as of December 2025: R$15.87 Billion BRL
Based on the latest financial reports, Porto Seguro S.A (PSSA3) has net assets worth R$15.87 Billion BRL as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$55.86 Billion) and total liabilities (R$39.99 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$15.87 Billion |
| % of Total Assets | 28.41% |
| Annual Growth Rate | 15.39% |
| 5-Year Change | 69.48% |
| 10-Year Change | 126.71% |
| Growth Volatility | 13.67 |
Porto Seguro S.A - Net Assets Trend (2000–2025)
This chart illustrates how Porto Seguro 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 Porto Seguro S.A (2000–2025)
The table below shows the annual net assets of Porto Seguro S.A from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$15.87 Billion | +12.20% |
| 2024-12-31 | R$14.15 Billion | +13.18% |
| 2023-12-31 | R$12.50 Billion | +18.14% |
| 2022-12-31 | R$10.58 Billion | +12.96% |
| 2021-12-31 | R$9.36 Billion | +4.01% |
| 2020-12-31 | R$9.00 Billion | +8.88% |
| 2019-12-31 | R$8.27 Billion | +8.19% |
| 2018-12-31 | R$7.64 Billion | -0.94% |
| 2017-12-31 | R$7.72 Billion | +10.22% |
| 2016-12-31 | R$7.00 Billion | +8.78% |
| 2015-12-31 | R$6.44 Billion | +7.27% |
| 2014-12-31 | R$6.00 Billion | +1.80% |
| 2013-12-31 | R$5.89 Billion | +13.31% |
| 2012-12-31 | R$5.20 Billion | +10.59% |
| 2011-12-31 | R$4.70 Billion | +5.87% |
| 2010-12-31 | R$4.44 Billion | +42.07% |
| 2009-12-31 | R$3.13 Billion | +59.21% |
| 2008-12-31 | R$1.96 Billion | +8.21% |
| 2007-12-31 | R$1.82 Billion | +18.64% |
| 2006-12-31 | R$1.53 Billion | +39.63% |
| 2005-12-31 | R$1.10 Billion | +23.63% |
| 2004-12-31 | R$886.31 Million | +34.59% |
| 2003-12-31 | R$658.54 Million | +14.41% |
| 2002-12-31 | R$575.60 Million | +15.32% |
| 2001-12-31 | R$499.12 Million | +12.70% |
| 2000-12-31 | R$442.87 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Porto Seguro 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 380.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$885.80 Million | 5.63% |
| Common Stock | R$8.50 Billion | 54.00% |
| Other Comprehensive Income | R$708.30 Million | 4.50% |
| Other Components | R$5.65 Billion | 35.87% |
| Total Equity | R$15.74 Billion | 100.00% |
Porto Seguro S.A Competitors by Market Cap
The table below lists competitors of Porto Seguro S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HKBN Ltd
PINK:HKBNY
|
$1.48 Billion |
|
Six Flags Entertainment Corporation
NYSE:FUN
|
$1.48 Billion |
|
Eurocommercial Properties N.V.
AS:ECMPA
|
$1.48 Billion |
|
Anhui XDLK Microsystem Corp. Ltd. A
SHG:688582
|
$1.48 Billion |
|
H. Lundbeck A/S
PINK:HLBBF
|
$1.48 Billion |
|
Alphatec Holdings Inc
NASDAQ:ATEC
|
$1.48 Billion |
|
X Trade Brokers Dom Maklerski SA
WAR:XTB
|
$1.48 Billion |
|
Hilltop Holdings Inc
NYSE:HTH
|
$1.48 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Porto Seguro S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 14,050,794,000 to 15,741,223,000, a change of 1,690,429,000 (12.0%).
- Net income of 3,380,884,000 contributed positively to equity growth.
- Dividend payments of 1,190,052,000 reduced retained earnings.
- Share repurchases of 250,641,000 reduced equity.
- New share issuances of 2,047,523,000 increased equity.
- Other comprehensive income decreased equity by 41,659,000.
- Other factors decreased equity by 2,255,626,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$3.38 Billion | +21.48% |
| Dividends Paid | R$1.19 Billion | -7.56% |
| Share Repurchases | R$250.64 Million | -1.59% |
| Share Issuances | R$2.05 Billion | +13.01% |
| Other Comprehensive Income | R$-41.66 Million | -0.26% |
| Other Changes | R$-2.26 Billion | -14.33% |
| Total Change | R$- | 12.03% |
Book Value vs Market Value Analysis
This analysis compares Porto Seguro 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: 2.03x
- 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 25.49x to 2.03x 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$1.93 | R$49.31 | x |
| 2005-12-31 | R$2.37 | R$49.31 | x |
| 2006-12-31 | R$9.95 | R$49.31 | x |
| 2007-12-31 | R$11.80 | R$49.31 | x |
| 2008-12-31 | R$4.26 | R$49.31 | x |
| 2009-12-31 | R$6.15 | R$49.31 | x |
| 2010-12-31 | R$6.78 | R$49.31 | x |
| 2011-12-31 | R$7.20 | R$49.31 | x |
| 2012-12-31 | R$7.77 | R$49.31 | x |
| 2013-12-31 | R$9.06 | R$49.31 | x |
| 2014-12-31 | R$9.28 | R$49.31 | x |
| 2015-12-31 | R$9.92 | R$49.31 | x |
| 2016-12-31 | R$10.82 | R$49.31 | x |
| 2017-12-31 | R$11.90 | R$49.31 | x |
| 2018-12-31 | R$11.81 | R$49.31 | x |
| 2019-12-31 | R$12.80 | R$49.31 | x |
| 2020-12-31 | R$13.97 | R$49.31 | x |
| 2021-12-31 | R$14.54 | R$49.31 | x |
| 2022-12-31 | R$16.33 | R$49.31 | x |
| 2023-12-31 | R$19.19 | R$49.31 | x |
| 2024-12-31 | R$21.66 | R$49.31 | x |
| 2025-12-31 | R$24.27 | R$49.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Porto Seguro 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): 21.48%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.91%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 3.55x
- Recent ROE (21.48%) is above the historical average (17.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 21.42% | 6.90% | 0.83x | 3.75x | R$75.22 Million |
| 2004 | 16.78% | 5.10% | 3.29x | 1.00x | R$60.53 Million |
| 2005 | 22.70% | 7.23% | 0.75x | 4.18x | R$139.12 Million |
| 2006 | 30.08% | 9.05% | 0.89x | 3.72x | R$307.20 Million |
| 2007 | 23.14% | 9.25% | 0.69x | 3.63x | R$238.47 Million |
| 2008 | 14.79% | 5.92% | 0.63x | 3.95x | R$93.96 Million |
| 2009 | 10.18% | 4.40% | 0.63x | 3.69x | R$5.65 Million |
| 2010 | 14.03% | 6.29% | 0.67x | 3.33x | R$179.19 Million |
| 2011 | 12.34% | 5.76% | 0.60x | 3.57x | R$110.09 Million |
| 2012 | 13.47% | 5.83% | 0.62x | 3.72x | R$175.87 Million |
| 2013 | 23.86% | 10.80% | 0.64x | 3.47x | R$816.29 Million |
| 2014 | 14.60% | 5.80% | 0.71x | 3.57x | R$276.03 Million |
| 2015 | 15.57% | 6.10% | 0.71x | 3.60x | R$358.09 Million |
| 2016 | 13.08% | 5.28% | 0.68x | 3.62x | R$215.69 Million |
| 2017 | 14.27% | 5.88% | 0.65x | 3.76x | R$329.43 Million |
| 2018 | 17.15% | 7.34% | 0.58x | 4.00x | R$546.30 Million |
| 2019 | 16.68% | 7.18% | 0.59x | 3.96x | R$552.12 Million |
| 2020 | 18.75% | 8.53% | 0.54x | 4.08x | R$787.83 Million |
| 2021 | 16.49% | 6.94% | 0.52x | 4.58x | R$607.79 Million |
| 2022 | 10.84% | 4.66% | 0.61x | 3.79x | R$87.92 Million |
| 2023 | 18.25% | 6.70% | 0.76x | 3.56x | R$1.02 Billion |
| 2024 | 18.82% | 8.09% | 0.68x | 3.41x | R$1.24 Billion |
| 2025 | 21.48% | 7.91% | 0.77x | 3.55x | R$1.81 Billion |
Industry Comparison
This section compares Porto Seguro S.A's net assets metrics with peer companies in the Insurance - Diversified industry.
Industry Context
- Industry: Insurance - Diversified
- Average net assets among peers: $15,653,185,000
- Average return on equity (ROE) among peers: 22.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Porto Seguro S.A (PSSA3) | R$15.87 Billion | 21.42% | 2.52x | $1.48 Billion |
| Caixa Seguridade Participações S.A (CXSE3) | $12.33 Billion | 24.41% | 0.07x | $1.79 Billion |
| The Hartford Financial Services Group, Inc. (H1IG34) | $18.98 Billion | 20.21% | 3.53x | $23.63 Billion |