Smartfit Escola de Ginástica e Dança S.A (SMFT3) - Net Assets
Based on the latest financial reports, Smartfit Escola de Ginástica e Dança S.A (SMFT3) has net assets worth R$6.09 Billion BRL (≈ $1.20 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$21.49 Billion ≈ $4.22 Billion USD) and total liabilities (R$15.40 Billion ≈ $3.02 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. Check SMFT3 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$6.09 Billion |
| % of Total Assets | 28.35% |
| Annual Growth Rate | 33.58% |
| 5-Year Change | 27.86% |
| 10-Year Change | N/A |
| Growth Volatility | 61.98 |
Smartfit Escola de Ginástica e Dança S.A - Net Assets Trend (2016–2025)
This chart illustrates how Smartfit Escola de Ginástica e Dança S.A's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Smartfit Escola de Ginástica e Dança S.A (SMFT3) market capitalisation.
Annual Net Assets for Smartfit Escola de Ginástica e Dança S.A (2016–2025)
The table below shows the annual net assets of Smartfit Escola de Ginástica e Dança S.A from 2016 to 2025. Also explore Smartfit Escola de Ginástica e Dança S.A (SMFT3) equity growth momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$5.66 Billion ≈ $1.11 Billion |
+3.50% |
| 2024-12-31 | R$5.47 Billion ≈ $1.07 Billion |
+7.96% |
| 2023-12-31 | R$5.07 Billion ≈ $994.48 Million |
+21.07% |
| 2022-12-31 | R$4.19 Billion ≈ $821.44 Million |
-5.48% |
| 2021-12-31 | R$4.43 Billion ≈ $869.11 Million |
+79.41% |
| 2020-12-31 | R$2.47 Billion ≈ $484.42 Million |
+8.88% |
| 2019-12-31 | R$2.27 Billion ≈ $444.91 Million |
+87.93% |
| 2018-12-31 | R$1.21 Billion ≈ $236.74 Million |
+192.89% |
| 2017-12-31 | R$411.94 Million ≈ $80.83 Million |
-1.51% |
| 2016-12-31 | R$418.26 Million ≈ $82.07 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Smartfit Escola de Ginástica e Dança 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 176408900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$1.75 Billion | 30.84% |
| Common Stock | R$3.15 Billion | 55.60% |
| Other Components | R$768.03 Million | 13.57% |
| Total Equity | R$5.66 Billion | 100.00% |
Smartfit Escola de Ginástica e Dança S.A Competitors by Market Cap
The table below lists competitors of Smartfit Escola de Ginástica e Dança S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gansu Shangfeng Cement Co Ltd
SHE:000672
|
$2.06 Billion |
|
Torunlar Gayrimenkul Yatirim Ortakligi AS
IS:TRGYO
|
$2.06 Billion |
|
Greatek Electronics Inc
TW:2441
|
$2.06 Billion |
|
Greencore Group plc
F:GCG
|
$2.06 Billion |
|
Alkami Technology Inc
NASDAQ:ALKT
|
$2.06 Billion |
|
FADU Inc.
KQ:440110
|
$2.06 Billion |
|
Pan Ocean Co Ltd
KO:028670
|
$2.06 Billion |
|
Borusan Mannesmann Boru Sanayi ve Ticaret AS
IS:BRSAN
|
$2.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Smartfit Escola de Ginástica e Dança S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,455,896,000 to 5,661,543,000, a change of 205,647,000 (3.8%).
- Net income of 638,688,000 contributed positively to equity growth.
- Dividend payments of 1,255,000 reduced retained earnings.
- Share repurchases of 3,622,000 reduced equity.
- New share issuances of 6,558,000 increased equity.
- Other factors decreased equity by 434,722,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$638.69 Million | +11.28% |
| Dividends Paid | R$1.25 Million | -0.02% |
| Share Repurchases | R$3.62 Million | -0.06% |
| Share Issuances | R$6.56 Million | +0.12% |
| Other Changes | R$-434.72 Million | -7.68% |
| Total Change | R$- | 3.77% |
Book Value vs Market Value Analysis
This analysis compares Smartfit Escola de Ginástica e Dança 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: 1.82x
- 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 9.64x to 1.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | R$1.77 | R$17.10 | x |
| 2017-12-31 | R$31.05 | R$17.10 | x |
| 2018-12-31 | R$64.27 | R$17.10 | x |
| 2019-12-31 | R$106.35 | R$17.10 | x |
| 2020-12-31 | R$109.78 | R$17.10 | x |
| 2021-12-31 | R$7.50 | R$17.10 | x |
| 2022-12-31 | R$7.14 | R$17.10 | x |
| 2023-12-31 | R$8.57 | R$17.10 | x |
| 2024-12-31 | R$9.28 | R$17.10 | x |
| 2025-12-31 | R$9.42 | R$17.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Smartfit Escola de Ginástica e Dança S.A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.28%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.82%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 3.80x
- Recent ROE (11.28%) is above the historical average (0.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -5.31% | -3.47% | 0.56x | 2.76x | R$-64.05 Million |
| 2017 | -3.80% | -2.00% | 0.38x | 4.98x | R$-53.90 Million |
| 2018 | 29.77% | 30.38% | 0.30x | 3.26x | R$233.46 Million |
| 2019 | -15.14% | -17.10% | 0.27x | 3.31x | R$-563.32 Million |
| 2020 | -24.47% | -47.65% | 0.15x | 3.47x | R$-843.20 Million |
| 2021 | -14.43% | -37.18% | 0.15x | 2.65x | R$-1.07 Billion |
| 2022 | -2.14% | -3.05% | 0.24x | 2.88x | R$-508.07 Million |
| 2023 | 20.45% | 24.42% | 0.30x | 2.81x | R$529.73 Million |
| 2024 | 8.00% | 7.82% | 0.30x | 3.36x | R$-109.15 Million |
| 2025 | 11.28% | 8.82% | 0.34x | 3.80x | R$72.53 Million |
Industry Comparison
This section compares Smartfit Escola de Ginástica e Dança S.A's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $156,518,500
- Average return on equity (ROE) among peers: 3.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Smartfit Escola de Ginástica e Dança S.A (SMFT3) | R$6.09 Billion | -5.31% | 2.53x | $2.06 Billion |
| Bicicletas Monark S.A (BMKS3) | $191.97 Million | 4.20% | 0.13x | $33.28 Million |
| T4F Entretenimento S.A (SHOW3) | $121.07 Million | 3.19% | 2.92x | $8.25 Million |
About Smartfit Escola de Ginástica e Dança S.A
Smartfit Escola de Ginástica e Dança S.A. operates a network of Smart Fit gyms in Latin America. The company offers digital fitness services under the Queima Diária brand. It operates through owned and franchised units in Brazil, Mexico, Colombia, Chile, Peru, Argentina, Paraguay, Uruguay, Panama, Costa Rica, Dominican Republic, Ecuador, Guatemala, El Salvador and Honduras under the Smart Fit and… Read more