São Martinho S.A (SMTO3) - Net Assets
Based on the latest financial reports, São Martinho S.A (SMTO3) has net assets worth R$7.30 Billion BRL (≈ $1.43 Billion 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$23.14 Billion ≈ $4.54 Billion USD) and total liabilities (R$15.84 Billion ≈ $3.11 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 São Martinho S.A liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | R$7.30 Billion |
| % of Total Assets | 31.54% |
| Annual Growth Rate | 15.0% |
| 5-Year Change | 68.05% |
| 10-Year Change | 153.13% |
| Growth Volatility | 76.29 |
São Martinho S.A - Net Assets Trend (2004–2025)
This chart illustrates how São Martinho S.A's net assets have evolved over time, based on quarterly financial data. Also explore São Martinho S.A assets under control for the complete picture of this company's asset base.
Annual Net Assets for São Martinho S.A (2004–2025)
The table below shows the annual net assets of São Martinho S.A from 2004 to 2025. For live valuation and market cap data, see how much is São Martinho S.A worth.
| Year | Net Assets | Change |
|---|---|---|
| 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 8800.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$1.16 Billion | 17.38% |
| Common Stock | R$4.45 Billion | 66.35% |
| Other Components | R$1.09 Billion | 16.27% |
| Total Equity | R$6.70 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 |
|---|---|
|
Sinodata Co Ltd
SHE:002657
|
$1.03 Billion |
|
Quechen Silicon Chemical Co. Ltd.
SHG:605183
|
$1.03 Billion |
|
NeoGenomics Inc
NASDAQ:NEO
|
$1.03 Billion |
|
Sinoseal Holding Co Ltd
SHE:300470
|
$1.03 Billion |
|
E2open Parent Holdings Inc
NYSE:ETWO
|
$1.03 Billion |
|
Flowco Holdings Inc.
NYSE:FLOC
|
$1.03 Billion |
|
Iovance Biotherapeutics Inc
NASDAQ:IOVA
|
$1.03 Billion |
|
alstria office REIT-AG
XETRA:AOX
|
$1.03 Billion |
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 2024 to 2025, total equity changed from 6,862,371,000 to 6,699,362,000, a change of -163,009,000 (-2.4%).
- Net income of 556,731,000 contributed positively to equity growth.
- Dividend payments of 407,408,000 reduced retained earnings.
- Share repurchases of 502,152,000 reduced equity.
- Other comprehensive income decreased equity by 2,009,009,999.
- Other factors increased equity by 2,198,829,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$556.73 Million | +8.31% |
| Dividends Paid | R$407.41 Million | -6.08% |
| Share Repurchases | R$502.15 Million | -7.5% |
| Other Comprehensive Income | R$-2.01 Billion | -29.99% |
| Other Changes | R$2.20 Billion | +32.82% |
| Total Change | R$- | -2.38% |
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: 0.80x
- 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 15.39x to 0.80x 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$16.17 | x |
| 2005-03-31 | R$1.07 | R$16.17 | x |
| 2006-03-31 | R$1.07 | R$16.17 | x |
| 2007-03-31 | R$4.93 | R$16.17 | x |
| 2008-03-31 | R$4.79 | R$16.17 | x |
| 2009-03-31 | R$4.59 | R$16.17 | x |
| 2010-03-31 | R$5.64 | R$16.17 | x |
| 2011-03-31 | R$5.77 | R$16.17 | x |
| 2012-03-31 | R$5.98 | R$16.17 | x |
| 2013-03-31 | R$6.23 | R$16.17 | x |
| 2014-03-31 | R$6.15 | R$16.17 | x |
| 2015-03-31 | R$7.73 | R$16.17 | x |
| 2016-03-31 | R$7.79 | R$16.17 | x |
| 2017-03-31 | R$10.07 | R$16.17 | x |
| 2018-03-31 | R$9.84 | R$16.17 | x |
| 2019-03-31 | R$10.38 | R$16.17 | x |
| 2020-03-31 | R$9.66 | R$16.17 | x |
| 2021-03-31 | R$11.51 | R$16.17 | x |
| 2022-03-31 | R$15.84 | R$16.17 | x |
| 2023-03-31 | R$17.07 | R$16.17 | x |
| 2024-03-31 | R$19.81 | R$16.17 | x |
| 2025-03-31 | R$20.09 | R$16.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently São Martinho S.A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.31%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.77%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 3.25x
- Recent ROE (8.31%) is below the historical average (9.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -1.79% | -3.15% | 0.32x | 1.81x | R$-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 |
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