Vale S.A.
Vale S.A., together with its subsidiaries, produces iron ore and nickel in Asia, the Americas, Europe, and internationally. It operates through Iron Solutions and Energy Transition Materials segments. The company extracts and produces iron ore, iron ore pellets, briquettes, and other ferrous products; provides logistic related services; and operates mining complexes, railways, maritime terminals,… Read more
Vale S.A. (VALE3) - Net Assets
Latest net assets as of December 2025: R$34.40 Billion BRL
Based on the latest financial reports, Vale S.A. (VALE3) has net assets worth R$34.40 Billion 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$86.70 Billion) and total liabilities (R$52.29 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$34.40 Billion |
| % of Total Assets | 39.68% |
| Annual Growth Rate | 8.4% |
| 5-Year Change | -2.56% |
| 10-Year Change | -16.14% |
| Growth Volatility | 29.28 |
Vale S.A. - Net Assets Trend (2000–2025)
This chart illustrates how Vale 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 Vale S.A. (2000–2025)
The table below shows the annual net assets of Vale S.A. from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | R$34.40 Billion | -0.36% |
| 2024-12-31 | R$34.53 Billion | -15.75% |
| 2023-12-31 | R$40.98 Billion | +9.70% |
| 2022-12-31 | R$37.36 Billion | +5.81% |
| 2021-12-31 | R$35.31 Billion | +1.39% |
| 2020-12-31 | R$34.82 Billion | -10.70% |
| 2019-12-31 | R$38.99 Billion | -13.02% |
| 2018-12-31 | R$44.83 Billion | +0.13% |
| 2017-12-31 | R$44.77 Billion | +9.14% |
| 2016-12-31 | R$41.02 Billion | +14.90% |
| 2015-12-31 | R$35.70 Billion | -36.61% |
| 2014-12-31 | R$56.32 Billion | -13.27% |
| 2013-12-31 | R$64.94 Billion | -13.22% |
| 2012-12-31 | R$74.83 Billion | -3.84% |
| 2011-12-31 | R$77.81 Billion | +7.42% |
| 2010-12-31 | R$72.44 Billion | +19.74% |
| 2009-12-31 | R$60.50 Billion | +34.30% |
| 2008-12-31 | R$45.05 Billion | +25.72% |
| 2007-12-31 | R$35.83 Billion | +59.36% |
| 2006-12-31 | R$22.48 Billion | +70.40% |
| 2005-12-31 | R$13.20 Billion | +73.44% |
| 2004-12-31 | R$7.61 Billion | +45.94% |
| 2003-12-31 | R$5.21 Billion | +57.30% |
| 2002-12-31 | R$3.31 Billion | -28.65% |
| 2001-12-31 | R$4.64 Billion | +1.46% |
| 2000-12-31 | R$4.58 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vale 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 78.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | R$1.10 Billion | 3.27% |
| Common Stock | R$14.08 Billion | 41.94% |
| Other Comprehensive Income | R$21.99 Billion | 65.52% |
| Total Equity | R$33.56 Billion | 100.00% |
Vale S.A. Competitors by Market Cap
The table below lists competitors of Vale S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ING Groep N.V
PINK:INGVF
|
$49.33 Billion |
|
PICC Property and Casualty
PINK:PPCCY
|
$49.41 Billion |
|
Holcim Ltd
PINK:HCMLF
|
$49.46 Billion |
|
Eoptolink Technology Inc Ltd
SHE:300502
|
$49.60 Billion |
|
Dell Technologies Inc
NYSE:DELL
|
$49.07 Billion |
|
Autodesk Inc
NASDAQ:ADSK
|
$48.93 Billion |
|
Cardinal Health Inc
NYSE:CAH
|
$48.80 Billion |
|
Hong Kong Exchange & Clearing
PINK:HKXCY
|
$48.70 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vale S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 33,406,000,000 to 33,560,848,000, a change of 154,848,000 (0.5%).
- Net income of 2,515,529,000 contributed positively to equity growth.
- Dividend payments of 3,636,719,000 reduced retained earnings.
- Other comprehensive income increased equity by 46,287,578,000.
- Other factors decreased equity by 45,011,540,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | R$2.52 Billion | +7.5% |
| Dividends Paid | R$3.64 Billion | -10.84% |
| Other Comprehensive Income | R$46.29 Billion | +137.92% |
| Other Changes | R$-45.01 Billion | -134.12% |
| Total Change | R$- | 0.46% |
Book Value vs Market Value Analysis
This analysis compares Vale 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: 9.62x
- 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 76.37x to 9.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | R$0.99 | R$75.55 | x |
| 2001-12-31 | R$1.00 | R$75.55 | x |
| 2002-12-31 | R$0.71 | R$75.55 | x |
| 2003-12-31 | R$1.06 | R$75.55 | x |
| 2004-12-31 | R$1.49 | R$75.55 | x |
| 2005-12-31 | R$2.60 | R$75.55 | x |
| 2006-12-31 | R$4.05 | R$75.55 | x |
| 2007-12-31 | R$6.81 | R$75.55 | x |
| 2008-12-31 | R$8.41 | R$75.55 | x |
| 2009-12-31 | R$10.61 | R$75.55 | x |
| 2010-12-31 | R$13.13 | R$75.55 | x |
| 2011-12-31 | R$14.50 | R$75.55 | x |
| 2012-12-31 | R$14.34 | R$75.55 | x |
| 2013-12-31 | R$12.29 | R$75.55 | x |
| 2014-12-31 | R$10.70 | R$75.55 | x |
| 2015-12-31 | R$6.52 | R$75.55 | x |
| 2016-12-31 | R$7.58 | R$75.55 | x |
| 2017-12-31 | R$8.62 | R$75.55 | x |
| 2018-12-31 | R$8.46 | R$75.55 | x |
| 2019-12-31 | R$7.81 | R$75.55 | x |
| 2020-12-31 | R$6.97 | R$75.55 | x |
| 2021-12-31 | R$6.88 | R$75.55 | x |
| 2022-12-31 | R$7.73 | R$75.55 | x |
| 2023-12-31 | R$9.03 | R$75.55 | x |
| 2024-12-31 | R$7.83 | R$75.55 | x |
| 2025-12-31 | R$7.85 | R$75.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vale 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): 7.50%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.47%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 2.58x
- Recent ROE (7.50%) is below the historical average (20.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 23.77% | 27.60% | 0.40x | 2.14x | R$629.10 Million |
| 2001 | 27.74% | 32.26% | 0.42x | 2.05x | R$823.00 Million |
| 2002 | 20.69% | 16.49% | 0.52x | 2.42x | R$351.30 Million |
| 2003 | 31.70% | 28.93% | 0.47x | 2.34x | R$1.06 Billion |
| 2004 | 37.60% | 31.90% | 0.49x | 2.39x | R$1.89 Billion |
| 2005 | 40.42% | 37.84% | 0.56x | 1.89x | R$3.64 Billion |
| 2006 | 33.18% | 33.22% | 0.32x | 3.10x | R$4.56 Billion |
| 2007 | 35.54% | 36.68% | 0.42x | 2.31x | R$8.50 Billion |
| 2008 | 31.06% | 35.32% | 0.47x | 1.88x | R$8.96 Billion |
| 2009 | 9.39% | 22.95% | 0.23x | 1.80x | R$-344.50 Million |
| 2010 | 25.06% | 35.80% | 0.37x | 1.87x | R$10.37 Billion |
| 2011 | 29.95% | 37.94% | 0.47x | 1.67x | R$15.19 Billion |
| 2012 | 7.45% | 11.72% | 0.36x | 1.78x | R$-1.87 Billion |
| 2013 | 0.92% | 1.25% | 0.38x | 1.97x | R$-5.75 Billion |
| 2014 | 1.19% | 1.87% | 0.30x | 2.11x | R$-4.86 Billion |
| 2015 | -36.11% | -51.87% | 0.26x | 2.63x | R$-15.49 Billion |
| 2016 | 10.20% | 14.49% | 0.28x | 2.54x | R$77.80 Million |
| 2017 | 12.30% | 16.21% | 0.34x | 2.22x | R$1.03 Billion |
| 2018 | 15.60% | 18.76% | 0.41x | 2.01x | R$2.46 Billion |
| 2019 | -4.20% | -4.60% | 0.40x | 2.29x | R$-5.69 Billion |
| 2020 | 13.66% | 12.34% | 0.43x | 2.57x | R$1.31 Billion |
| 2021 | 65.11% | 41.18% | 0.61x | 2.59x | R$19.00 Billion |
| 2022 | 52.38% | 42.86% | 0.50x | 2.42x | R$15.20 Billion |
| 2023 | 20.23% | 19.11% | 0.44x | 2.39x | R$4.04 Billion |
| 2024 | 18.46% | 16.20% | 0.47x | 2.40x | R$2.83 Billion |
| 2025 | 7.50% | 6.47% | 0.45x | 2.58x | R$-840.56 Million |
Industry Comparison
This section compares Vale S.A.'s net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
No peer company data available for comparison.