Ser Educacional Sa (SEER3) - Net Assets

Latest as of December 2025: R$1.34 Billion BRL ≈ $263.49 Million USD

Based on the latest financial reports, Ser Educacional Sa (SEER3) has net assets worth R$1.34 Billion BRL (≈ $263.49 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$3.30 Billion ≈ $647.33 Million USD) and total liabilities (R$1.96 Billion ≈ $383.84 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 SEER3 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$1.34 Billion
% of Total Assets	40.7%
Annual Growth Rate	17.85%
5-Year Change	-8.22%
10-Year Change	41.29%
Growth Volatility	34.61

Ser Educacional Sa - Net Assets Trend (2009–2025)

This chart illustrates how Ser Educacional Sa's net assets have evolved over time, based on quarterly financial data. See SEER3 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Ser Educacional Sa (2009–2025)

The table below shows the annual net assets of Ser Educacional Sa from 2009 to 2025. For live valuation and market cap data, see how much is Ser Educacional Sa worth.

Year	Net Assets	Change
2025-12-31	R$1.34 Billion ≈ $263.49 Million	+11.12%
2024-12-31	R$1.21 Billion ≈ $237.12 Million	-0.08%
2023-12-31	R$1.21 Billion ≈ $237.32 Million	-2.27%
2022-12-31	R$1.24 Billion ≈ $242.83 Million	-15.42%
2021-12-31	R$1.46 Billion ≈ $287.08 Million	+2.57%
2020-12-31	R$1.43 Billion ≈ $279.90 Million	+9.02%
2019-12-31	R$1.31 Billion ≈ $256.75 Million	-11.02%
2018-12-31	R$1.47 Billion ≈ $288.55 Million	-2.51%
2017-12-31	R$1.51 Billion ≈ $295.97 Million	+58.71%
2016-12-31	R$950.40 Million ≈ $186.49 Million	+25.51%
2015-12-31	R$757.23 Million ≈ $148.58 Million	+20.84%
2014-12-31	R$626.65 Million ≈ $122.96 Million	+38.83%
2013-12-31	R$451.37 Million ≈ $88.57 Million	+133.63%
2012-12-31	R$193.20 Million ≈ $37.91 Million	+37.08%
2011-12-31	R$140.94 Million ≈ $27.66 Million	+21.68%
2010-12-31	R$115.83 Million ≈ $22.73 Million	+19.45%
2009-12-31	R$96.97 Million ≈ $19.03 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Ser Educacional Sa'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 854.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	R$357.89 Million	26.65%
Common Stock	R$987.55 Million	73.54%
Other Comprehensive Income	R$4.45 Million	0.33%
Total Equity	R$1.34 Billion	100.00%

Ser Educacional Sa Competitors by Market Cap

The table below lists competitors of Ser Educacional Sa ranked by their market capitalization.

Company	Market Cap
Ramco Industries Limited NSE:RAMCOIND	$272.45 Million
Qudian Inc F:1QU	$272.58 Million
Bait Bakfar Ltd TA:BKFR	$272.61 Million
Empresas Gasco S.A SN:GASCO	$272.65 Million
Microbio Co Ltd TWO:4128	$272.40 Million
Arbonia AG SW:ARBN	$272.33 Million
Tudor Gold Corp V:TUD	$272.29 Million
Middlefield Banc NASDAQ:MBCN	$272.29 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Ser Educacional Sa's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,208,464,000 to 1,342,852,000, a change of 134,388,000 (11.1%).
Net income of 214,436,000 contributed positively to equity growth.
Dividend payments of 19,607,000 reduced retained earnings.
Other comprehensive income decreased equity by 5,642,000.
Other factors decreased equity by 54,799,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	R$214.44 Million	+15.97%
Dividends Paid	R$19.61 Million	-1.46%
Other Comprehensive Income	R$-5.64 Million	-0.42%
Other Changes	R$-54.80 Million	-4.08%
Total Change	R$-	11.12%

Book Value vs Market Value Analysis

This analysis compares Ser Educacional Sa'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: 1.03x
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 12.65x to 1.03x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2009-12-31	R$0.86	R$10.85	x
2010-12-31	R$1.02	R$10.85	x
2011-12-31	R$1.25	R$10.85	x
2012-12-31	R$1.71	R$10.85	x
2013-12-31	R$3.88	R$10.85	x
2014-12-31	R$4.76	R$10.85	x
2015-12-31	R$5.76	R$10.85	x
2016-12-31	R$7.61	R$10.85	x
2017-12-31	R$11.86	R$10.85	x
2018-12-31	R$10.83	R$10.85	x
2019-12-31	R$10.17	R$10.85	x
2020-12-31	R$11.08	R$10.85	x
2021-12-31	R$11.37	R$10.85	x
2022-12-31	R$9.64	R$10.85	x
2023-12-31	R$9.42	R$10.85	x
2024-12-31	R$9.48	R$10.85	x
2025-12-31	R$10.55	R$10.85	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ser Educacional Sa 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): 15.97%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 9.67%
• Asset Turnover: 0.67x
• Equity Multiplier: 2.46x
Recent ROE (15.97%) is above the historical average (15.91%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2009	30.64%	24.40%	0.66x	1.90x	R$20.01 Million
2010	30.83%	25.27%	0.67x	1.82x	R$24.13 Million
2011	22.39%	17.19%	0.64x	2.04x	R$17.46 Million
2012	33.25%	22.68%	0.75x	1.96x	R$44.92 Million
2013	25.77%	25.47%	0.57x	1.78x	R$71.18 Million
2014	34.13%	30.33%	0.56x	1.99x	R$151.20 Million
2015	21.27%	15.79%	0.55x	2.44x	R$85.34 Million
2016	24.25%	20.48%	0.56x	2.12x	R$135.41 Million
2017	13.09%	16.03%	0.49x	1.66x	R$46.64 Million
2018	13.69%	15.94%	0.52x	1.65x	R$54.22 Million
2019	10.42%	10.69%	0.50x	1.96x	R$5.52 Million
2020	11.57%	13.20%	0.40x	2.17x	R$22.39 Million
2021	3.59%	3.73%	0.46x	2.11x	R$-93.82 Million
2022	-17.95%	-13.25%	0.49x	2.74x	R$-345.90 Million
2023	-2.32%	-1.53%	0.52x	2.88x	R$-148.99 Million
2024	-0.10%	-0.06%	0.57x	2.86x	R$-122.01 Million
2025	15.97%	9.67%	0.67x	2.46x	R$80.15 Million

Industry Comparison

This section compares Ser Educacional Sa's net assets metrics with peer companies in the Education & Training Services industry.

Industry Context

Industry: Education & Training Services
Average net assets among peers: $696,441,000
Average return on equity (ROE) among peers: 12.23%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Ser Educacional Sa (SEER3)	R$1.34 Billion	30.64%	1.46x	$272.43 Million
GAEC Educacao SA (ANIM3)	$696.44 Million	12.23%	0.92x	$224.65 Million

About Ser Educacional Sa

SA:SEER3 Brazil Education & Training Services

Market Cap

$272.43 Million

R$1.39 Billion BRL

Market Cap Rank

#15410 Global

#145 in Brazil

Share Price

R$10.85

Change (1 day)

-3.73%

52-Week Range

R$7.80 - R$13.75

All Time High

R$32.12