Forus S.A (FORUS) - Net Assets
Based on the latest financial reports, Forus S.A (FORUS) has net assets worth CL$259.47 Billion CLP (≈ $290.18 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CL$376.17 Billion ≈ $420.69 Million USD) and total liabilities (CL$116.70 Billion ≈ $130.51 Million 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 financial resilience of Forus S.A to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CL$259.47 Billion |
| % of Total Assets | 68.98% |
| Annual Growth Rate | 4.13% |
| 5-Year Change | 1.82% |
| 10-Year Change | 34.28% |
| Growth Volatility | 8.05 |
Forus S.A - Net Assets Trend (2014–2024)
This chart illustrates how Forus S.A's net assets have evolved over time, based on quarterly financial data. Also explore how large is Forus S.A's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Forus S.A (2014–2024)
The table below shows the annual net assets of Forus S.A from 2014 to 2024. For live valuation and market cap data, see FORUS market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CL$237.14 Billion ≈ $265.20 Million |
+11.47% |
| 2023-12-31 | CL$212.73 Billion ≈ $237.90 Million |
+8.14% |
| 2022-12-31 | CL$196.72 Billion ≈ $220.00 Million |
+1.83% |
| 2021-12-31 | CL$193.20 Billion ≈ $216.06 Million |
-17.04% |
| 2020-12-31 | CL$232.89 Billion ≈ $260.45 Million |
-0.93% |
| 2019-12-31 | CL$235.09 Billion ≈ $262.91 Million |
+6.48% |
| 2018-12-31 | CL$220.77 Billion ≈ $246.90 Million |
+8.11% |
| 2017-12-31 | CL$204.22 Billion ≈ $228.38 Million |
+7.26% |
| 2016-12-31 | CL$190.40 Billion ≈ $212.93 Million |
+7.82% |
| 2015-12-31 | CL$176.59 Billion ≈ $197.49 Million |
+11.57% |
| 2014-12-31 | CL$158.28 Billion ≈ $177.01 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Forus 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 66.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CL$189.26 Billion | 80.02% |
| Other Components | CL$47.27 Billion | 19.98% |
| Total Equity | CL$236.52 Billion | 100.00% |
Forus S.A Competitors by Market Cap
The table below lists competitors of Forus S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dark Horse Beijing Technology Co Ltd
SHE:300688
|
$636.57 Million |
|
Reitir fasteignafélag hf
IC:REITIR
|
$636.62 Million |
|
Troilus Gold Corp
TO:TLG
|
$636.71 Million |
|
Hindustan Foods Limited
NSE:HNDFDS
|
$636.97 Million |
|
China Railway Harbin Group of Technology Corp. A
SHG:688459
|
$636.37 Million |
|
Bajaj Consumer Care Limited
NSE:BAJAJCON
|
$636.30 Million |
|
Matrix Concepts Holdings Bhd
KLSE:5236
|
$636.20 Million |
|
Tianjin Zhong Xin Pharmaceutical Group Corporation Limited
STU:2TZ
|
$635.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Forus S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 212,291,437,000 to 236,524,320,000, a change of 24,232,883,000 (11.4%).
- Net income of 30,093,199,000 contributed positively to equity growth.
- Dividend payments of 11,537,015,000 reduced retained earnings.
- Other factors increased equity by 5,676,699,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CL$30.09 Billion | +12.72% |
| Dividends Paid | CL$11.54 Billion | -4.88% |
| Other Changes | CL$5.68 Billion | +2.4% |
| Total Change | CL$- | 11.41% |
Book Value vs Market Value Analysis
This analysis compares Forus 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: 2.41x
- 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 2.80x to 2.41x 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 | CL$786.73 | CL$2201.80 | x |
| 2018-12-31 | CL$850.80 | CL$2201.80 | x |
| 2019-12-31 | CL$905.95 | CL$2201.80 | x |
| 2020-12-31 | CL$898.45 | CL$2201.80 | x |
| 2021-12-31 | CL$744.67 | CL$2201.80 | x |
| 2022-12-31 | CL$761.11 | CL$2201.80 | x |
| 2023-12-31 | CL$821.34 | CL$2201.80 | x |
| 2024-12-31 | CL$915.10 | CL$2201.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Forus 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): 12.72%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.00%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 1.52x
- Recent ROE (12.72%) is below the historical average (14.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 23.50% | 15.72% | 1.24x | 1.20x | CL$21.15 Billion |
| 2015 | 18.90% | 14.19% | 1.12x | 1.19x | CL$15.60 Billion |
| 2016 | 14.16% | 11.08% | 1.11x | 1.15x | CL$7.88 Billion |
| 2017 | 13.28% | 10.76% | 1.06x | 1.16x | CL$6.66 Billion |
| 2018 | 11.64% | 10.33% | 0.98x | 1.15x | CL$3.60 Billion |
| 2019 | 9.99% | 9.85% | 0.75x | 1.36x | CL$-27.38 Million |
| 2020 | 2.03% | 2.56% | 0.62x | 1.28x | CL$-18.50 Billion |
| 2021 | 20.44% | 13.35% | 1.08x | 1.42x | CL$20.10 Billion |
| 2022 | 16.03% | 10.01% | 1.10x | 1.46x | CL$11.87 Billion |
| 2023 | 13.59% | 8.84% | 1.06x | 1.45x | CL$7.63 Billion |
| 2024 | 12.72% | 8.00% | 1.05x | 1.52x | CL$6.44 Billion |
Industry Comparison
This section compares Forus S.A's net assets metrics with peer companies in the Apparel Retail industry.
Industry Context
- Industry: Apparel Retail
- Average net assets among peers: $142,417,410,000
- Average return on equity (ROE) among peers: 12.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Forus S.A (FORUS) | CL$259.47 Billion | 23.50% | 0.45x | $636.45 Million |
| Empresas Tricot S.A (TRICOT) | $142.42 Billion | 12.15% | 1.44x | $306.84 Million |
About Forus S.A
Forus S.A. designs, develops, markets, and distributes footwear, apparel, accessories, and beauty/ personal care products in Chile, Peru, Colombia, and Uruguay. The company offers its products under the CAT, RKF, Columbia, Under Armour, Merrell, BSoul, VANS, Hush Puppies, Azaleia, Norseg and, as of this year, Crocs, and L'OCCITANE en Provence brand names. It serves its customers through sales cha… Read more