Companhia de Saneamento Básico do Estado de São Paulo - SABESP
Companhia de Saneamento Básico do Estado de São Paulo - SABESP provides basic and environmental sanitation services in the São Paulo State, Brazil. The company supplies treated water and sewage services on a wholesale basis. As of December 31, 2024, it provided water services through 9.5 million water connections; and sewage services through 8.2 million sewage connections in the 375 municipalitie… Read more
Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBSP3) - Net Assets
Latest net assets as of September 2025: R$42.71 Billion BRL
Based on the latest financial reports, Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBSP3) has net assets worth R$42.71 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$95.99 Billion) and total liabilities (R$53.28 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$42.71 Billion |
| % of Total Assets | 44.5% |
| Annual Growth Rate | 6.43% |
| 5-Year Change | 62.01% |
| 10-Year Change | 169.22% |
| Growth Volatility | 9.23 |
Companhia de Saneamento Básico do Estado de São Paulo - SABESP - Net Assets Trend (2000–2024)
This chart illustrates how Companhia de Saneamento Básico do Estado de São Paulo - SABESP's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Companhia de Saneamento Básico do Estado de São Paulo - SABESP (2000–2024)
The table below shows the annual net assets of Companhia de Saneamento Básico do Estado de São Paulo - SABESP from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$36.93 Billion | +23.68% |
| 2023-12-31 | R$29.86 Billion | +9.23% |
| 2022-12-31 | R$27.33 Billion | +9.63% |
| 2021-12-31 | R$24.93 Billion | +9.38% |
| 2020-12-31 | R$22.79 Billion | +5.35% |
| 2019-12-31 | R$21.64 Billion | +10.66% |
| 2018-12-31 | R$19.55 Billion | +11.64% |
| 2017-12-31 | R$17.51 Billion | +13.58% |
| 2016-12-31 | R$15.42 Billion | +12.41% |
| 2015-12-31 | R$13.72 Billion | +3.10% |
| 2014-12-31 | R$13.30 Billion | +2.89% |
| 2013-12-31 | R$12.93 Billion | +14.87% |
| 2012-12-31 | R$11.26 Billion | +6.74% |
| 2011-12-31 | R$10.55 Billion | +8.92% |
| 2010-12-31 | R$9.68 Billion | +14.73% |
| 2009-12-31 | R$8.44 Billion | +15.20% |
| 2008-12-31 | R$7.32 Billion | -25.13% |
| 2007-12-31 | R$9.78 Billion | +8.49% |
| 2006-12-31 | R$9.02 Billion | +6.32% |
| 2005-12-31 | R$8.48 Billion | +6.68% |
| 2004-12-31 | R$7.95 Billion | +4.94% |
| 2003-12-31 | R$7.58 Billion | +4.56% |
| 2002-12-31 | R$7.25 Billion | -8.92% |
| 2001-12-31 | R$7.96 Billion | -3.78% |
| 2000-12-31 | R$8.27 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Companhia de Saneamento Básico do Estado de São Paulo - SABESP'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 1142.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$21.65 Billion | 58.62% |
| Common Stock | R$15.00 Billion | 40.62% |
| Other Comprehensive Income | R$280.34 Million | 0.76% |
| Total Equity | R$36.93 Billion | 100.00% |
Companhia de Saneamento Básico do Estado de São Paulo - SABESP Competitors by Market Cap
The table below lists competitors of Companhia de Saneamento Básico do Estado de São Paulo - SABESP ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Advanced Energy Industries Inc
NASDAQ:AEIS
|
$11.51 Billion |
|
JSW Steel Limited
NSE:JSWSTEEL
|
$11.54 Billion |
|
Bajaj Auto Limited
NSE:BAJAJ-AUTO
|
$11.54 Billion |
|
Align Technology Inc
NASDAQ:ALGN
|
$11.55 Billion |
|
SITC International Holdings Company Limited
PINK:SITIY
|
$11.47 Billion |
|
Samsung Fire & Marine Insurance
KO:000810
|
$11.46 Billion |
|
Samsung C and T 1P Pref
KO:02826K
|
$11.46 Billion |
|
Catalent Inc
NYSE:CTLT
|
$11.45 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Companhia de Saneamento Básico do Estado de São Paulo - SABESP's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 29,857,376,000 to 36,928,054,000, a change of 7,070,678,000 (23.7%).
- Net income of 9,579,563,000 contributed positively to equity growth.
- Dividend payments of 928,851,000 reduced retained earnings.
- Other comprehensive income increased equity by 133,977,000.
- Other factors decreased equity by 1,714,011,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$9.58 Billion | +25.94% |
| Dividends Paid | R$928.85 Million | -2.52% |
| Other Comprehensive Income | R$133.98 Million | +0.36% |
| Other Changes | R$-1.71 Billion | -4.64% |
| Total Change | R$- | 23.68% |
Book Value vs Market Value Analysis
This analysis compares Companhia de Saneamento Básico do Estado de São Paulo - SABESP'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: 2.75x
- 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 12.76x to 2.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | R$11.64 | R$148.50 | x |
| 2002-12-31 | R$10.60 | R$148.50 | x |
| 2003-12-31 | R$11.09 | R$148.50 | x |
| 2004-12-31 | R$11.63 | R$148.50 | x |
| 2005-12-31 | R$12.41 | R$148.50 | x |
| 2006-12-31 | R$13.19 | R$148.50 | x |
| 2007-12-31 | R$14.31 | R$148.50 | x |
| 2008-12-31 | R$10.72 | R$148.50 | x |
| 2009-12-31 | R$15.40 | R$148.50 | x |
| 2010-12-31 | R$14.17 | R$148.50 | x |
| 2011-12-31 | R$15.43 | R$148.50 | x |
| 2012-12-31 | R$16.47 | R$148.50 | x |
| 2013-12-31 | R$18.92 | R$148.50 | x |
| 2014-12-31 | R$19.46 | R$148.50 | x |
| 2015-12-31 | R$20.07 | R$148.50 | x |
| 2016-12-31 | R$22.56 | R$148.50 | x |
| 2017-12-31 | R$25.62 | R$148.50 | x |
| 2018-12-31 | R$28.60 | R$148.50 | x |
| 2019-12-31 | R$31.65 | R$148.50 | x |
| 2020-12-31 | R$33.35 | R$148.50 | x |
| 2021-12-31 | R$36.48 | R$148.50 | x |
| 2022-12-31 | R$39.99 | R$148.50 | x |
| 2023-12-31 | R$43.68 | R$148.50 | x |
| 2024-12-31 | R$54.03 | R$148.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Companhia de Saneamento Básico do Estado de São Paulo - SABESP utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 25.94%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.50%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 2.19x
- Recent ROE (25.94%) is above the historical average (10.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 6.31% | 15.54% | 0.22x | 1.84x | R$-305.41 Million |
| 2001 | 2.72% | 6.29% | 0.22x | 1.99x | R$-579.39 Million |
| 2002 | -8.98% | -17.27% | 0.23x | 2.26x | R$-1.38 Billion |
| 2003 | 11.00% | 20.28% | 0.25x | 2.18x | R$75.63 Million |
| 2004 | 6.45% | 11.67% | 0.26x | 2.11x | R$-282.13 Million |
| 2005 | 10.21% | 17.48% | 0.28x | 2.06x | R$17.39 Million |
| 2006 | 8.64% | 14.09% | 0.31x | 2.00x | R$-122.94 Million |
| 2007 | 10.72% | 17.56% | 0.32x | 1.91x | R$70.30 Million |
| 2008 | 11.78% | 11.05% | 0.42x | 2.55x | R$130.45 Million |
| 2009 | 14.32% | 17.57% | 0.42x | 1.92x | R$454.98 Million |
| 2010 | 16.84% | 17.66% | 0.40x | 2.41x | R$662.27 Million |
| 2011 | 11.60% | 12.31% | 0.39x | 2.39x | R$168.92 Million |
| 2012 | 16.98% | 17.78% | 0.41x | 2.35x | R$786.22 Million |
| 2013 | 14.88% | 17.00% | 0.40x | 2.19x | R$630.48 Million |
| 2014 | 6.79% | 8.05% | 0.37x | 2.28x | R$-427.46 Million |
| 2015 | 3.91% | 4.58% | 0.35x | 2.46x | R$-835.38 Million |
| 2016 | 19.11% | 20.90% | 0.38x | 2.38x | R$1.41 Billion |
| 2017 | 14.39% | 17.25% | 0.37x | 2.26x | R$768.01 Million |
| 2018 | 14.50% | 17.63% | 0.37x | 2.23x | R$879.90 Million |
| 2019 | 15.56% | 18.73% | 0.39x | 2.15x | R$1.20 Billion |
| 2020 | 4.27% | 5.47% | 0.35x | 2.21x | R$-1.31 Billion |
| 2021 | 9.25% | 11.83% | 0.37x | 2.13x | R$-187.32 Million |
| 2022 | 11.42% | 14.15% | 0.39x | 2.09x | R$387.91 Million |
| 2023 | 11.80% | 13.78% | 0.42x | 2.06x | R$537.79 Million |
| 2024 | 25.94% | 26.50% | 0.45x | 2.19x | R$5.89 Billion |
Industry Comparison
This section compares Companhia de Saneamento Básico do Estado de São Paulo - SABESP's net assets metrics with peer companies in the Utilities - Regulated Water industry.
Industry Context
- Industry: Utilities - Regulated Water
- Average net assets among peers: $1,492,573,333
- Average return on equity (ROE) among peers: -0.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Companhia de Saneamento Básico do Estado de São Paulo - SABESP (SBSP3) | R$42.71 Billion | 6.31% | 1.25x | $11.50 Billion |
| CASAN - Companhia Catarinense de Aguas e Saneamento (CASN3) | $1.25 Billion | -9.57% | 1.67x | $145.28K |
| Companhia de Saneamento de Minas Gerais (CSMG3) | $1.40 Billion | 0.00% | 0.75x | $1.66 Billion |
| Companhia de Saneamento do Paraná - SANEPAR (SAPR3) | $1.84 Billion | 8.55% | 1.41x | $495.79 Million |