Localiza Rent a Car S.A (RENT3) - Net Assets
Based on the latest financial reports, Localiza Rent a Car S.A (RENT3) has net assets worth R$25.14 Billion BRL (≈ $4.93 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$83.08 Billion ≈ $16.30 Billion USD) and total liabilities (R$57.93 Billion ≈ $11.37 Billion 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$25.14 Billion |
| % of Total Assets | 30.26% |
| Annual Growth Rate | 24.18% |
| 5-Year Change | 335.23% |
| 10-Year Change | 1256.77% |
| Growth Volatility | 37.61 |
Localiza Rent a Car S.A - Net Assets Trend (2000–2024)
This chart illustrates how Localiza Rent a Car 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 Localiza Rent a Car S.A (2000–2024)
The table below shows the annual net assets of Localiza Rent a Car S.A from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$26.34 Billion ≈ $5.17 Billion |
+3.72% |
| 2023-12-31 | R$25.40 Billion ≈ $4.98 Billion |
+23.47% |
| 2022-12-31 | R$20.57 Billion ≈ $4.04 Billion |
+170.06% |
| 2021-12-31 | R$7.62 Billion ≈ $1.49 Billion |
+25.85% |
| 2020-12-31 | R$6.05 Billion ≈ $1.19 Billion |
+11.11% |
| 2019-12-31 | R$5.45 Billion ≈ $1.07 Billion |
+76.04% |
| 2018-12-31 | R$3.09 Billion ≈ $607.20 Million |
+18.99% |
| 2017-12-31 | R$2.60 Billion ≈ $510.31 Million |
+18.38% |
| 2016-12-31 | R$2.20 Billion ≈ $431.09 Million |
+13.15% |
| 2015-12-31 | R$1.94 Billion ≈ $380.97 Million |
+17.28% |
| 2014-12-31 | R$1.66 Billion ≈ $324.84 Million |
+23.43% |
| 2013-12-31 | R$1.34 Billion ≈ $263.17 Million |
+1.24% |
| 2012-12-31 | R$1.32 Billion ≈ $259.94 Million |
+18.22% |
| 2011-12-31 | R$1.12 Billion ≈ $219.88 Million |
+24.68% |
| 2010-12-31 | R$898.74 Million ≈ $176.35 Million |
+23.74% |
| 2009-12-31 | R$726.30 Million ≈ $142.51 Million |
+65.37% |
| 2008-12-31 | R$439.19 Million ≈ $86.18 Million |
+1.71% |
| 2007-12-31 | R$431.79 Million ≈ $84.72 Million |
-32.92% |
| 2006-12-31 | R$643.71 Million ≈ $126.31 Million |
+63.18% |
| 2005-12-31 | R$394.48 Million ≈ $77.40 Million |
+53.82% |
| 2004-12-31 | R$256.46 Million ≈ $50.32 Million |
+31.11% |
| 2003-12-31 | R$195.61 Million ≈ $38.38 Million |
+5.23% |
| 2002-12-31 | R$185.89 Million ≈ $36.48 Million |
-2.76% |
| 2001-12-31 | R$191.18 Million ≈ $37.51 Million |
+31.23% |
| 2000-12-31 | R$145.68 Million ≈ $28.59 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Localiza Rent a Car 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 24262.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$4.89 Billion | 18.57% |
| Common Stock | R$17.91 Billion | 68.00% |
| Other Comprehensive Income | R$4.61 Billion | 17.51% |
| Total Equity | R$26.33 Billion | 100.00% |
Localiza Rent a Car S.A Competitors by Market Cap
The table below lists competitors of Localiza Rent a Car S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BALOISE HLDG AG ADR/1/10
F:BLO
|
$10.20 Billion |
|
Absa Group Ltd
JSE:ABG
|
$10.21 Billion |
|
Orient Sec Co Ltd
SHG:600958
|
$10.21 Billion |
|
Spic Yuanda Environmental Protection Co Ltd
SHG:600292
|
$10.21 Billion |
|
Encompass Health Corp
NYSE:EHC
|
$10.20 Billion |
|
Dynatrace Holdings LLC
NYSE:DT
|
$10.20 Billion |
|
CCL Industries Inc
TO:CCL-B
|
$10.19 Billion |
|
Zhejiang Chint Electrics Co
SHG:601877
|
$10.19 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Localiza Rent a Car S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 25,388,882,000 to 26,334,098,000, a change of 945,216,000 (3.7%).
- Net income of 1,813,627,000 contributed positively to equity growth.
- Dividend payments of 1,294,383,000 reduced retained earnings.
- Share repurchases of 795,635,000 reduced equity.
- New share issuances of 350,650,000 increased equity.
- Other comprehensive income increased equity by 1,038,603,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$1.81 Billion | +6.89% |
| Dividends Paid | R$1.29 Billion | -4.92% |
| Share Repurchases | R$795.63 Million | -3.02% |
| Share Issuances | R$350.65 Million | +1.33% |
| Other Comprehensive Income | R$1.04 Billion | +3.94% |
| Other Changes | R$-167.65 Million | -0.64% |
| Total Change | R$- | 3.72% |
Book Value vs Market Value Analysis
This analysis compares Localiza Rent a Car 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: 2.00x
- 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 170.97x to 2.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | R$0.29 | R$49.29 | x |
| 2003-12-31 | R$0.30 | R$49.29 | x |
| 2004-12-31 | R$0.40 | R$49.29 | x |
| 2005-12-31 | R$0.60 | R$49.29 | x |
| 2006-12-31 | R$0.93 | R$49.29 | x |
| 2007-12-31 | R$0.87 | R$49.29 | x |
| 2008-12-31 | R$0.72 | R$49.29 | x |
| 2009-12-31 | R$1.06 | R$49.29 | x |
| 2010-12-31 | R$1.30 | R$49.29 | x |
| 2011-12-31 | R$1.62 | R$49.29 | x |
| 2012-12-31 | R$2.00 | R$49.29 | x |
| 2013-12-31 | R$1.99 | R$49.29 | x |
| 2014-12-31 | R$2.38 | R$49.29 | x |
| 2015-12-31 | R$2.80 | R$49.29 | x |
| 2016-12-31 | R$3.16 | R$49.29 | x |
| 2017-12-31 | R$3.71 | R$49.29 | x |
| 2018-12-31 | R$4.41 | R$49.29 | x |
| 2019-12-31 | R$7.21 | R$49.29 | x |
| 2020-12-31 | R$8.00 | R$49.29 | x |
| 2021-12-31 | R$10.02 | R$49.29 | x |
| 2022-12-31 | R$23.53 | R$49.29 | x |
| 2023-12-31 | R$24.76 | R$49.29 | x |
| 2024-12-31 | R$24.59 | R$49.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Localiza Rent a Car 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): 6.89%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.87%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 3.31x
- Recent ROE (6.89%) is below the historical average (22.28%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 32.43% | 15.95% | 0.66x | 3.08x | R$32.66 Million |
| 2001 | 22.97% | 10.44% | 0.85x | 2.60x | R$24.78 Million |
| 2002 | 24.74% | 10.05% | 0.77x | 3.19x | R$27.39 Million |
| 2003 | 32.75% | 12.42% | 0.74x | 3.57x | R$44.50 Million |
| 2004 | 39.92% | 16.60% | 0.70x | 3.45x | R$76.70 Million |
| 2005 | 27.02% | 12.15% | 0.75x | 2.97x | R$67.10 Million |
| 2006 | 21.48% | 12.07% | 0.69x | 2.59x | R$73.87 Million |
| 2007 | 25.58% | 10.38% | 0.85x | 2.91x | R$95.18 Million |
| 2008 | 25.30% | 6.99% | 0.89x | 4.08x | R$77.14 Million |
| 2009 | 16.01% | 6.27% | 0.67x | 3.79x | R$43.68 Million |
| 2010 | 28.47% | 10.25% | 0.74x | 3.73x | R$166.02 Million |
| 2011 | 26.03% | 9.99% | 0.73x | 3.58x | R$179.58 Million |
| 2012 | 18.19% | 7.61% | 0.78x | 3.05x | R$108.46 Million |
| 2013 | 28.66% | 10.96% | 0.77x | 3.41x | R$250.22 Million |
| 2014 | 24.80% | 10.55% | 0.69x | 3.42x | R$245.04 Million |
| 2015 | 20.73% | 10.24% | 0.64x | 3.15x | R$208.27 Million |
| 2016 | 18.63% | 9.22% | 0.60x | 3.38x | R$189.62 Million |
| 2017 | 19.44% | 8.35% | 0.54x | 4.30x | R$245.60 Million |
| 2018 | 21.30% | 8.64% | 0.55x | 4.52x | R$349.76 Million |
| 2019 | 15.31% | 8.18% | 0.53x | 3.56x | R$289.18 Million |
| 2020 | 17.32% | 10.17% | 0.50x | 3.38x | R$442.91 Million |
| 2021 | 26.83% | 18.75% | 0.43x | 3.32x | R$1.28 Billion |
| 2022 | 8.97% | 10.37% | 0.27x | 3.19x | R$-211.61 Million |
| 2023 | 7.11% | 6.25% | 0.36x | 3.19x | R$-733.32 Million |
| 2024 | 6.89% | 4.87% | 0.43x | 3.31x | R$-819.78 Million |
Industry Comparison
This section compares Localiza Rent a Car S.A's net assets metrics with peer companies in the Rental & Leasing Services industry.
Industry Context
- Industry: Rental & Leasing Services
- Average net assets among peers: $879,694,250
- Average return on equity (ROE) among peers: 7.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Localiza Rent a Car S.A (RENT3) | R$25.14 Billion | 32.43% | 2.30x | $10.20 Billion |
| Armac Locacao Logistica (ARML3) | $1.31 Billion | 12.98% | 2.54x | $362.02 Million |
| Mills Estruturas e Serviços de Engenharia S.A (MILS3) | $750.31 Million | -12.66% | 0.35x | $585.41 Million |
| Movida Participações S.A (MOVI3) | $1.28 Billion | 5.17% | 2.12x | $914.02 Million |
| Vamos Locação de Caminhões Máquinas e Equipamentos S.A (VAMO3) | $172.61 Million | 24.76% | 3.93x | $874.39 Million |
About Localiza Rent a Car S.A
Localiza Rent a Car S.A. engages in car and fleet rental business in Brazil and internationally. The company is involved in granting franchises; sale of cars; and provision of insurance solutions. It also offers car rentals to app-based drivers through Zarp, a network dedicated to drivers. The company serves individuals and legal entities. Localiza Rent a Car S.A. was founded in 1973 and is headq… Read more