Irani Papel e Embalagem S.A (RANI3) - Net Assets
Based on the latest financial reports, Irani Papel e Embalagem S.A (RANI3) has net assets worth R$1.47 Billion BRL (≈ $288.71 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$4.14 Billion ≈ $812.24 Million USD) and total liabilities (R$2.67 Billion ≈ $523.53 Million USD). 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. Check RANI3 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$1.47 Billion |
| % of Total Assets | 35.54% |
| Annual Growth Rate | 12.58% |
| 5-Year Change | 51.65% |
| 10-Year Change | 225.35% |
| Growth Volatility | 155.76 |
Irani Papel e Embalagem S.A - Net Assets Trend (2000–2025)
This chart illustrates how Irani Papel e Embalagem S.A's net assets have evolved over time, based on quarterly financial data. See RANI3 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Irani Papel e Embalagem S.A (2000–2025)
The table below shows the annual net assets of Irani Papel e Embalagem S.A from 2000 to 2025. For live valuation and market cap data, see Irani Papel e Embalagem S.A (RANI3) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$1.45 Billion ≈ $284.90 Million |
+6.25% |
| 2024-12-31 | R$1.37 Billion ≈ $268.14 Million |
+6.79% |
| 2023-12-31 | R$1.28 Billion ≈ $251.10 Million |
+13.74% |
| 2022-12-31 | R$1.13 Billion ≈ $220.76 Million |
+17.51% |
| 2021-12-31 | R$957.44 Million ≈ $187.87 Million |
+21.79% |
| 2020-12-31 | R$786.16 Million ≈ $154.26 Million |
+133.63% |
| 2019-12-31 | R$336.49 Million ≈ $66.03 Million |
+9.47% |
| 2018-12-31 | R$307.39 Million ≈ $60.32 Million |
-9.78% |
| 2017-12-31 | R$340.72 Million ≈ $66.86 Million |
-23.65% |
| 2016-12-31 | R$446.27 Million ≈ $87.57 Million |
+12.52% |
| 2015-12-31 | R$396.63 Million ≈ $77.83 Million |
-20.30% |
| 2014-12-31 | R$497.62 Million ≈ $97.64 Million |
+1.92% |
| 2013-12-31 | R$488.24 Million ≈ $95.80 Million |
+7.54% |
| 2012-12-31 | R$454.00 Million ≈ $89.08 Million |
-2.21% |
| 2011-12-31 | R$464.25 Million ≈ $91.09 Million |
-0.62% |
| 2010-12-31 | R$467.13 Million ≈ $91.66 Million |
+5.51% |
| 2009-12-31 | R$442.72 Million ≈ $86.87 Million |
+786.45% |
| 2008-12-31 | R$49.94 Million ≈ $9.80 Million |
-50.52% |
| 2007-12-31 | R$100.94 Million ≈ $19.81 Million |
-14.43% |
| 2006-12-31 | R$117.96 Million ≈ $23.15 Million |
+27.26% |
| 2005-12-31 | R$92.69 Million ≈ $18.19 Million |
+0.29% |
| 2004-12-31 | R$92.42 Million ≈ $18.14 Million |
+16.27% |
| 2003-12-31 | R$79.49 Million ≈ $15.60 Million |
+13.55% |
| 2002-12-31 | R$70.01 Million ≈ $13.74 Million |
-5.42% |
| 2001-12-31 | R$74.02 Million ≈ $14.52 Million |
-1.38% |
| 2000-12-31 | R$75.05 Million ≈ $14.73 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Irani Papel e Embalagem 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 71712100000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$717.12 Million | 49.39% |
| Common Stock | R$623.93 Million | 42.97% |
| Other Comprehensive Income | R$110.88 Million | 7.64% |
| Other Components | R$1.00 | 0.00% |
| Total Equity | R$1.45 Billion | 100.00% |
Irani Papel e Embalagem S.A Competitors by Market Cap
The table below lists competitors of Irani Papel e Embalagem S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Saratoga Investment Corp
NYSE:SAR
|
$357.51 Million |
|
KINX Inc
KQ:093320
|
$357.52 Million |
|
Belo Sun Mining Corp.
TO:BSX
|
$357.59 Million |
|
Siward Crystal Technology Co Ltd
TW:2484
|
$357.61 Million |
|
Ãlgerðin Egill SkallagrÃmsson hf.
IC:OLGERD
|
$357.19 Million |
|
BrasilAgro - Companhia Brasileira de Propriedades Agrícolas
SA:AGRO3
|
$357.11 Million |
|
eDreams Odigeo SA
MC:EDR
|
$356.95 Million |
|
Chalice Mining Ltd
AU:CHN
|
$356.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Irani Papel e Embalagem S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,366,538,000 to 1,451,934,000, a change of 85,396,000 (6.2%).
- Net income of 242,050,000 contributed positively to equity growth.
- Dividend payments of 169,796,000 reduced retained earnings.
- Share repurchases of 22,052,000 reduced equity.
- Other comprehensive income decreased equity by 8,949,001.
- Other factors increased equity by 44,143,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$242.05 Million | +16.67% |
| Dividends Paid | R$169.80 Million | -11.69% |
| Share Repurchases | R$22.05 Million | -1.52% |
| Other Comprehensive Income | R$-8.95 Million | -0.62% |
| Other Changes | R$44.14 Million | +3.04% |
| Total Change | R$- | 6.25% |
Book Value vs Market Value Analysis
This analysis compares Irani Papel e Embalagem 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: 1.26x
- 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 13.82x to 1.26x 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$0.57 | R$7.90 | x |
| 2005-12-31 | R$0.57 | R$7.90 | x |
| 2006-12-31 | R$0.73 | R$7.90 | x |
| 2007-12-31 | R$0.62 | R$7.90 | x |
| 2008-12-31 | R$0.31 | R$7.90 | x |
| 2009-12-31 | R$2.73 | R$7.90 | x |
| 2010-12-31 | R$2.88 | R$7.90 | x |
| 2011-12-31 | R$2.89 | R$7.90 | x |
| 2012-12-31 | R$2.84 | R$7.90 | x |
| 2013-12-31 | R$3.04 | R$7.90 | x |
| 2014-12-31 | R$3.03 | R$7.90 | x |
| 2015-12-31 | R$2.41 | R$7.90 | x |
| 2016-12-31 | R$2.72 | R$7.90 | x |
| 2017-12-31 | R$2.07 | R$7.90 | x |
| 2018-12-31 | R$1.87 | R$7.90 | x |
| 2019-12-31 | R$2.05 | R$7.90 | x |
| 2020-12-31 | R$3.09 | R$7.90 | x |
| 2021-12-31 | R$3.81 | R$7.90 | x |
| 2022-12-31 | R$4.54 | R$7.90 | x |
| 2023-12-31 | R$5.31 | R$7.90 | x |
| 2024-12-31 | R$5.73 | R$7.90 | x |
| 2025-12-31 | R$6.28 | R$7.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Irani Papel e Embalagem S.A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.67%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.35%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 2.92x
- Recent ROE (16.67%) is above the historical average (3.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 4.68% | 3.28% | 0.69x | 2.06x | R$-3.99 Million |
| 2003 | 15.86% | 4.77% | 1.53x | 2.18x | R$4.66 Million |
| 2004 | 18.75% | 6.06% | 1.35x | 2.30x | R$8.09 Million |
| 2005 | 0.05% | 0.02% | 1.11x | 2.73x | R$-9.22 Million |
| 2006 | 0.83% | 0.32% | 0.91x | 2.80x | R$-10.82 Million |
| 2007 | 14.46% | 4.17% | 0.73x | 4.76x | R$4.50 Million |
| 2008 | -108.57% | -13.96% | 0.69x | 11.28x | R$-59.22 Million |
| 2009 | 4.96% | 6.21% | 0.33x | 2.40x | R$-22.32 Million |
| 2010 | 7.36% | 7.76% | 0.39x | 2.45x | R$-12.35 Million |
| 2011 | 2.01% | 1.92% | 0.41x | 2.55x | R$-37.07 Million |
| 2012 | 5.81% | 5.46% | 0.40x | 2.66x | R$-19.02 Million |
| 2013 | 13.81% | 11.16% | 0.37x | 3.34x | R$18.59 Million |
| 2014 | 11.37% | 7.66% | 0.44x | 3.37x | R$6.82 Million |
| 2015 | 0.12% | 0.07% | 0.46x | 4.18x | R$-39.17 Million |
| 2016 | -2.42% | -1.39% | 0.45x | 3.88x | R$-55.41 Million |
| 2017 | -31.75% | -12.59% | 0.57x | 4.41x | R$-142.24 Million |
| 2018 | -0.07% | -0.03% | 0.52x | 4.97x | R$-30.96 Million |
| 2019 | -23.65% | -8.86% | 0.57x | 4.69x | R$-113.24 Million |
| 2020 | 11.80% | 9.01% | 0.57x | 2.31x | R$14.15 Million |
| 2021 | 29.80% | 17.77% | 0.68x | 2.47x | R$189.57 Million |
| 2022 | 33.62% | 22.42% | 0.48x | 3.12x | R$265.70 Million |
| 2023 | 29.96% | 24.05% | 0.46x | 2.71x | R$255.46 Million |
| 2024 | 22.28% | 18.71% | 0.45x | 2.65x | R$167.87 Million |
| 2025 | 16.67% | 14.35% | 0.40x | 2.92x | R$96.86 Million |
Industry Comparison
This section compares Irani Papel e Embalagem S.A's net assets metrics with peer companies in the Packaging & Containers industry.
No peer company data available for comparison.
About Irani Papel e Embalagem S.A
Irani Papel e Embalagem S.A. manufactures and sells corrugated cardboard and packaging papers in Brazil and internationally. It operates through three segments: Sustainable Packaging; Paper Segment for Sustainable Packaging; and RS Forestry. The company offers light, corrugated, and heavy cardboard boxes and sheets; and low and high density kraft papers and recycled papers. It also provides fores… Read more