Tres Tentos Agroindustrial SA
Três Tentos Agroindustrial S/A, together with its subsidiaries, operates in the agribusiness sector in Brazil. It operates through three segments: Ag Inputs, Grains, and Industrial. It markets foliar fertilizers and plant-protection products, as well as seeds for soybean, corn, and wheat. The company is also involved in the physical receipt, standardization and trading of grain acquired from thir… Read more
Tres Tentos Agroindustrial SA (TTEN3) - Net Assets
Latest net assets as of September 2025: R$4.70 Billion BRL
Based on the latest financial reports, Tres Tentos Agroindustrial SA (TTEN3) has net assets worth R$4.70 Billion BRL as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (R$12.38 Billion) and total liabilities (R$7.68 Billion). 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$4.70 Billion |
| % of Total Assets | 37.98% |
| Annual Growth Rate | 41.97% |
| 5-Year Change | 468.11% |
| 10-Year Change | N/A |
| Growth Volatility | 71.14 |
Tres Tentos Agroindustrial SA - Net Assets Trend (2013–2024)
This chart illustrates how Tres Tentos Agroindustrial SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tres Tentos Agroindustrial SA (2013–2024)
The table below shows the annual net assets of Tres Tentos Agroindustrial SA from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | R$4.05 Billion | +20.70% |
| 2023-12-31 | R$3.35 Billion | +18.92% |
| 2022-12-31 | R$2.82 Billion | +26.04% |
| 2021-12-31 | R$2.24 Billion | +214.02% |
| 2020-12-31 | R$712.13 Million | +78.11% |
| 2019-12-31 | R$399.82 Million | +33.51% |
| 2018-12-31 | R$299.46 Million | +154.66% |
| 2016-12-31 | R$117.59 Million | +84.43% |
| 2015-12-31 | R$63.76 Million | -25.54% |
| 2013-12-31 | R$85.63 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tres Tentos Agroindustrial 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 5764.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$2.47 Billion | 61.21% |
| Common Stock | R$1.52 Billion | 37.61% |
| Other Comprehensive Income | R$2.52 Billion | 62.42% |
| Total Equity | R$4.04 Billion | 100.00% |
Tres Tentos Agroindustrial SA Competitors by Market Cap
The table below lists competitors of Tres Tentos Agroindustrial SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fenix Outdoor International AG
PINK:FNXTF
|
$275.50 Million |
|
Meeka Metals Ltd
AU:MEK
|
$275.54 Million |
|
Xinjiang Zhundong Petroleum
SHE:002207
|
$275.58 Million |
|
Waterstone Financial Inc
NASDAQ:WSBF
|
$275.73 Million |
|
Private Bancorp of America
OTCQX:PBAM
|
$275.41 Million |
|
Prisma Properties
ST:PRISMA
|
$275.40 Million |
|
TXT e-solutions S.p.A.
LSE:0NLD
|
$275.28 Million |
|
Shenzhen Heungkong Holding Co Ltd
SHG:600162
|
$275.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tres Tentos Agroindustrial SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,347,737,000 to 4,037,714,000, a change of 689,977,000 (20.6%).
- Net income of 758,623,000 contributed positively to equity growth.
- Dividend payments of 58,411,000 reduced retained earnings.
- Share repurchases of 6,416,000 reduced equity.
- New share issuances of 6,416,000 increased equity.
- Other comprehensive income increased equity by 2,533,196,000.
- Other factors decreased equity by 2,543,431,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$758.62 Million | +18.79% |
| Dividends Paid | R$58.41 Million | -1.45% |
| Share Repurchases | R$6.42 Million | -0.16% |
| Share Issuances | R$6.42 Million | +0.16% |
| Other Comprehensive Income | R$2.53 Billion | +62.74% |
| Other Changes | R$-2.54 Billion | -62.99% |
| Total Change | R$- | 20.61% |
Book Value vs Market Value Analysis
This analysis compares Tres Tentos Agroindustrial 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: 1.83x
- 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 8.79x to 1.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | R$1.68 | R$14.77 | x |
| 2015-12-31 | R$1.25 | R$14.77 | x |
| 2016-12-31 | R$2.22 | R$14.77 | x |
| 2018-12-31 | R$0.77 | R$14.77 | x |
| 2019-12-31 | R$1.03 | R$14.77 | x |
| 2020-12-31 | R$1.44 | R$14.77 | x |
| 2021-12-31 | R$4.96 | R$14.77 | x |
| 2022-12-31 | R$5.62 | R$14.77 | x |
| 2023-12-31 | R$6.67 | R$14.77 | x |
| 2024-12-31 | R$8.06 | R$14.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tres Tentos Agroindustrial 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): 18.79%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.91%
- • Asset Turnover: 1.44x
- • Equity Multiplier: 2.20x
- Recent ROE (18.79%) is below the historical average (23.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 14.11% | 1.34% | 1.45x | 7.24x | R$3.52 Million |
| 2015 | 19.18% | 1.10% | 1.41x | 12.37x | R$5.85 Million |
| 2016 | 21.20% | 2.19% | 1.37x | 7.08x | R$13.17 Million |
| 2018 | 41.82% | 6.63% | 1.75x | 3.61x | R$95.28 Million |
| 2019 | 30.22% | 5.43% | 1.46x | 3.81x | R$80.84 Million |
| 2020 | 34.58% | 7.91% | 1.34x | 3.26x | R$175.05 Million |
| 2021 | 19.24% | 8.06% | 1.21x | 1.97x | R$206.68 Million |
| 2022 | 20.29% | 8.30% | 1.13x | 2.16x | R$289.74 Million |
| 2023 | 17.18% | 6.39% | 1.31x | 2.06x | R$240.51 Million |
| 2024 | 18.79% | 5.91% | 1.44x | 2.20x | R$354.85 Million |
Industry Comparison
This section compares Tres Tentos Agroindustrial SA's net assets metrics with peer companies in the Agricultural Inputs industry.
Industry Context
- Industry: Agricultural Inputs
- Average net assets among peers: $690,528,750
- Average return on equity (ROE) among peers: 7.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tres Tentos Agroindustrial SA (TTEN3) | R$4.70 Billion | 14.11% | 1.63x | $275.46 Million |
| Agrogalaxy Participacoes SA (AGXY3) | $-25.00K | 0.00% | 0.00x | $449.10K |
| Fertilizantes Heringer S.A (FHER3) | $227.48 Million | 0.00% | 2.50x | $3.75 Million |
| Boa Safra Sementes S.A (SOJA3) | $1.95 Billion | 4.78% | 0.36x | $78.90 Million |
| Vittia Fertilizantes (VITT3) | $580.39 Million | 25.85% | 0.65x | $34.48 Million |