Track & Field Co S.A
Track & Field Co S.A. engages in the development and sale of sports and leisure products in Brazil. The company offers athletic wear, lifestyle products, beachwear, footwear, and accessories. It also operates Coffee shop and minimarket; tfmall, a marketplace offering premium wellness products; and TFSports, a platform that integrates wellness events and experiences. The company sells its products… Read more
Track & Field Co S.A (TFCO4) - Net Assets
Latest net assets as of December 2025: R$565.40 Million BRL
Based on the latest financial reports, Track & Field Co S.A (TFCO4) has net assets worth R$565.40 Million BRL as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$974.21 Million) and total liabilities (R$408.81 Million). 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$565.40 Million |
| % of Total Assets | 58.04% |
| Annual Growth Rate | 25.61% |
| 5-Year Change | 111.12% |
| 10-Year Change | N/A |
| Growth Volatility | 491.87 |
Track & Field Co S.A - Net Assets Trend (2017–2025)
This chart illustrates how Track & Field Co S.A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Track & Field Co S.A (2017–2025)
The table below shows the annual net assets of Track & Field Co S.A from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$565.40 Million | +19.58% |
| 2024-12-31 | R$472.81 Million | +14.31% |
| 2023-12-31 | R$413.63 Million | +25.98% |
| 2022-12-31 | R$328.33 Million | +22.60% |
| 2021-12-31 | R$267.81 Million | +32.81% |
| 2020-12-31 | R$201.64 Million | +1488.73% |
| 2019-12-31 | R$12.69 Million | -87.39% |
| 2018-12-31 | R$100.62 Million | +10.31% |
| 2017-12-31 | R$91.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Track & Field Co 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | R$336.15 Million | 59.76% |
| Other Comprehensive Income | R$274.05 Million | 48.72% |
| Total Equity | R$562.49 Million | 100.00% |
Track & Field Co S.A Competitors by Market Cap
The table below lists competitors of Track & Field Co S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sinphar Pharmaceutical Co Ltd
TW:1734
|
$129.70 Million |
|
Eastern & Oriental Bhd
KLSE:3417
|
$129.70 Million |
|
Grupo Hotelero Santa Fe SAB
MX:HOTEL
|
$129.75 Million |
|
Altia Oyj
F:28Q
|
$129.75 Million |
|
Cyient DLM Limited
NSE:CYIENTDLM
|
$129.69 Million |
|
Gongwin Biopharm Holdings Co. Ltd.
TWO:6617
|
$129.68 Million |
|
Jeju Air Co Ltd
KO:089590
|
$129.67 Million |
|
AKATSUKI INC.
F:7QT
|
$129.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Track & Field Co S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 472,809,000 to 562,494,000, a change of 89,685,000 (19.0%).
- Net income of 143,927,000 contributed positively to equity growth.
- Dividend payments of 32,125,000 reduced retained earnings.
- Share repurchases of 16,349,000 reduced equity.
- Other comprehensive income increased equity by 283,620,000.
- Other factors decreased equity by 289,388,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$143.93 Million | +25.59% |
| Dividends Paid | R$32.12 Million | -5.71% |
| Share Repurchases | R$16.35 Million | -2.91% |
| Other Comprehensive Income | R$283.62 Million | +50.42% |
| Other Changes | R$-289.39 Million | -51.45% |
| Total Change | R$- | 18.97% |
Book Value vs Market Value Analysis
This analysis compares Track & Field Co 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: 4.29x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 27.37x to 4.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | R$0.58 | R$15.93 | x |
| 2018-12-31 | R$0.63 | R$15.93 | x |
| 2019-12-31 | R$0.08 | R$15.93 | x |
| 2020-12-31 | R$1.29 | R$15.93 | x |
| 2021-12-31 | R$1.71 | R$15.93 | x |
| 2022-12-31 | R$2.10 | R$15.93 | x |
| 2023-12-31 | R$2.66 | R$15.93 | x |
| 2024-12-31 | R$3.06 | R$15.93 | x |
| 2025-12-31 | R$3.71 | R$15.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Track & Field Co 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): 25.59%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.75%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 1.73x
- Recent ROE (25.59%) is below the historical average (43.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 37.03% | 16.47% | 1.52x | 1.48x | R$24.66 Million |
| 2018 | 20.72% | 10.36% | 1.38x | 1.45x | R$10.79 Million |
| 2019 | 184.71% | 10.75% | 0.82x | 21.01x | R$22.17 Million |
| 2020 | 12.81% | 9.66% | 0.75x | 1.77x | R$5.67 Million |
| 2021 | 28.81% | 17.75% | 0.92x | 1.77x | R$50.37 Million |
| 2022 | 29.38% | 17.00% | 0.98x | 1.77x | R$63.63 Million |
| 2023 | 27.66% | 16.73% | 1.00x | 1.65x | R$73.05 Million |
| 2024 | 24.90% | 14.16% | 1.01x | 1.75x | R$70.47 Million |
| 2025 | 25.59% | 13.75% | 1.07x | 1.73x | R$87.68 Million |
Industry Comparison
This section compares Track & Field Co S.A's net assets metrics with peer companies in the Apparel Retail industry.
Industry Context
- Industry: Apparel Retail
- Average net assets among peers: $197,300,000
- Average return on equity (ROE) among peers: -9.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Track & Field Co S.A (TFCO4) | R$565.40 Million | 37.03% | 0.72x | $129.69 Million |
| Marisa Lojas S.A (AMAR3) | $197.30 Million | -9.88% | 1.09x | $70.12 Million |