São Martinho S.A (SMTO3) - Net Assets
Based on the latest financial reports, São Martinho S.A (SMTO3) has net assets worth R$7.36 Billion BRL (≈ $1.44 Billion 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$23.42 Billion ≈ $4.60 Billion USD) and total liabilities (R$16.05 Billion ≈ $3.15 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 SMTO3 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$7.36 Billion |
| % of Total Assets | 31.45% |
| Annual Growth Rate | 14.76% |
| 5-Year Change | 38.47% |
| 10-Year Change | 116.38% |
| Growth Volatility | 74.6 |
São Martinho S.A - Net Assets Trend (2004–2026)
This chart illustrates how São Martinho S.A's net assets have evolved over time, based on quarterly financial data. See São Martinho S.A (SMTO3) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for São Martinho S.A (2004–2026)
The table below shows the annual net assets of São Martinho S.A from 2004 to 2026. For live valuation and market cap data, see how much is São Martinho S.A worth.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | R$7.36 Billion ≈ $1.44 Billion |
+9.92% |
| 2025-03-31 | R$6.70 Billion ≈ $1.31 Billion |
-2.38% |
| 2024-03-31 | R$6.86 Billion ≈ $1.35 Billion |
+16.07% |
| 2023-03-31 | R$5.91 Billion ≈ $1.16 Billion |
+11.17% |
| 2022-03-31 | R$5.32 Billion ≈ $1.04 Billion |
+33.41% |
| 2021-03-31 | R$3.99 Billion ≈ $782.24 Million |
+19.12% |
| 2020-03-31 | R$3.35 Billion ≈ $656.68 Million |
-1.31% |
| 2019-03-31 | R$3.39 Billion ≈ $665.38 Million |
+3.08% |
| 2018-03-31 | R$3.29 Billion ≈ $645.51 Million |
-3.34% |
| 2017-03-31 | R$3.40 Billion ≈ $667.79 Million |
+28.59% |
| 2016-03-31 | R$2.65 Billion ≈ $519.31 Million |
+0.80% |
| 2015-03-31 | R$2.63 Billion ≈ $515.17 Million |
+26.47% |
| 2014-03-31 | R$2.08 Billion ≈ $407.34 Million |
-1.17% |
| 2013-03-31 | R$2.10 Billion ≈ $412.18 Million |
+3.75% |
| 2012-03-31 | R$2.02 Billion ≈ $397.28 Million |
+3.64% |
| 2011-03-31 | R$1.95 Billion ≈ $383.31 Million |
+2.31% |
| 2010-03-31 | R$1.91 Billion ≈ $374.66 Million |
+21.22% |
| 2009-03-31 | R$1.58 Billion ≈ $309.08 Million |
-4.91% |
| 2008-03-31 | R$1.66 Billion ≈ $325.05 Million |
-1.34% |
| 2007-03-31 | R$1.68 Billion ≈ $329.47 Million |
+362.14% |
| 2006-03-31 | R$363.33 Million ≈ $71.29 Million |
+0.13% |
| 2005-03-31 | R$362.86 Million ≈ $71.20 Million |
+1.87% |
| 2004-03-31 | R$356.20 Million ≈ $69.89 Million |
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Equity Component Analysis
This analysis shows how different components contribute to São Martinho 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 7196.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$954.41 Million | 12.96% |
| Common Stock | R$4.82 Billion | 65.44% |
| Other Comprehensive Income | R$1.77 Billion | 24.04% |
| Total Equity | R$7.36 Billion | 100.00% |
São Martinho S.A Competitors by Market Cap
The table below lists competitors of São Martinho S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
E2E Networks Limited
NSE:E2E
|
$946.02 Million |
|
Otokar Otomotiv ve Savunma Sanayi AS
IS:OTKAR
|
$946.07 Million |
|
Aebi Schmidt Holding AG - Common Stock
NASDAQ:AEBI
|
$946.35 Million |
|
Lanzhou Haimo Technologies Co
SHE:300084
|
$947.55 Million |
|
Unilumin Group Co Ltd
SHE:300232
|
$945.22 Million |
|
Jiangsu Tongxingbao Intelligent Transportation Technology Co. Ltd. A
SHE:301339
|
$945.17 Million |
|
Piraeus Port Authority S.A
AT:PPA
|
$945.00 Million |
|
National Presto Industries Inc
NYSE:NPK
|
$944.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in São Martinho S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 6,699,362,000 to 7,364,220,000, a change of 664,858,000 (9.9%).
- Net income of 836,177,000 contributed positively to equity growth.
- Dividend payments of 128,680,000 reduced retained earnings.
- Share repurchases of 89,431,000 reduced equity.
- Other comprehensive income increased equity by 1,770,458,999.
- Other factors decreased equity by 1,723,666,999.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$836.18 Million | +11.35% |
| Dividends Paid | R$128.68 Million | -1.75% |
| Share Repurchases | R$89.43 Million | -1.21% |
| Other Comprehensive Income | R$1.77 Billion | +24.04% |
| Other Changes | R$-1.72 Billion | -23.41% |
| Total Change | R$- | 9.92% |
Book Value vs Market Value Analysis
This analysis compares São Martinho 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: 0.67x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 14.21x to 0.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-03-31 | R$1.05 | R$14.93 | x |
| 2005-03-31 | R$1.07 | R$14.93 | x |
| 2006-03-31 | R$1.07 | R$14.93 | x |
| 2007-03-31 | R$4.93 | R$14.93 | x |
| 2008-03-31 | R$4.79 | R$14.93 | x |
| 2009-03-31 | R$4.59 | R$14.93 | x |
| 2010-03-31 | R$5.64 | R$14.93 | x |
| 2011-03-31 | R$5.77 | R$14.93 | x |
| 2012-03-31 | R$5.98 | R$14.93 | x |
| 2013-03-31 | R$6.23 | R$14.93 | x |
| 2014-03-31 | R$6.15 | R$14.93 | x |
| 2015-03-31 | R$7.73 | R$14.93 | x |
| 2016-03-31 | R$7.79 | R$14.93 | x |
| 2017-03-31 | R$10.07 | R$14.93 | x |
| 2018-03-31 | R$9.84 | R$14.93 | x |
| 2019-03-31 | R$10.38 | R$14.93 | x |
| 2020-03-31 | R$9.66 | R$14.93 | x |
| 2021-03-31 | R$11.51 | R$14.93 | x |
| 2022-03-31 | R$15.84 | R$14.93 | x |
| 2023-03-31 | R$17.07 | R$14.93 | x |
| 2024-03-31 | R$19.81 | R$14.93 | x |
| 2025-03-31 | R$20.09 | R$14.93 | x |
| 2026-03-31 | R$22.25 | R$14.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently São Martinho S.A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.35%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.25%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 3.18x
- Recent ROE (11.35%) is above the historical average (9.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -1.79% | -3.15% | 0.32x | 1.81x | R$-42.01 Million |
| 2005 | 2.74% | 4.15% | 0.37x | 1.78x | R$-26.33 Million |
| 2006 | 5.75% | 7.39% | 0.44x | 1.77x | R$-15.44 Million |
| 2007 | 4.01% | 8.74% | 0.29x | 1.58x | R$-100.14 Million |
| 2008 | -3.00% | -6.85% | 0.24x | 1.80x | R$-211.25 Million |
| 2009 | -5.03% | -10.11% | 0.23x | 2.18x | R$-233.96 Million |
| 2010 | 5.55% | 8.96% | 0.28x | 2.19x | R$-84.94 Million |
| 2011 | 7.28% | 10.99% | 0.32x | 2.06x | R$-53.06 Million |
| 2012 | 6.25% | 9.26% | 0.33x | 2.08x | R$-75.86 Million |
| 2013 | 3.47% | 5.65% | 0.26x | 2.34x | R$-137.11 Million |
| 2014 | 6.50% | 8.80% | 0.30x | 2.43x | R$-72.59 Million |
| 2015 | 10.93% | 14.93% | 0.27x | 2.74x | R$24.45 Million |
| 2016 | 7.82% | 8.85% | 0.32x | 2.79x | R$-57.71 Million |
| 2017 | 8.34% | 10.88% | 0.30x | 2.55x | R$-56.47 Million |
| 2018 | 14.95% | 14.31% | 0.38x | 2.77x | R$162.73 Million |
| 2019 | 9.26% | 9.35% | 0.34x | 2.87x | R$-25.06 Million |
| 2020 | 19.09% | 17.30% | 0.30x | 3.62x | R$304.34 Million |
| 2021 | 23.26% | 21.54% | 0.35x | 3.11x | R$528.47 Million |
| 2022 | 27.84% | 25.89% | 0.33x | 3.26x | R$949.03 Million |
| 2023 | 17.18% | 15.33% | 0.35x | 3.18x | R$424.51 Million |
| 2024 | 21.51% | 21.42% | 0.34x | 2.97x | R$790.04 Million |
| 2025 | 8.31% | 7.77% | 0.33x | 3.25x | R$-113.21 Million |
| 2026 | 11.35% | 11.25% | 0.32x | 3.18x | R$99.75 Million |
Industry Comparison
This section compares São Martinho S.A's net assets metrics with peer companies in the Specialty Chemicals industry.
No peer company data available for comparison.
About São Martinho S.A
São Martinho S.A., together with its subsidiaries, engages in the production and sale of sugar, ethanol, and other sugarcane byproducts in Brazil. The company operates through Sugar, Ethanol, Corm Ethanol, Electric Power, Real Estate Businesses, Yeast, and Other Products segment. It offers a range of raw sugar; hydrated ethanol, which is used in tanks of cars powered by ethanol; anhydrous ethanol… Read more