Invercap (INVERCAP) - Net Assets
Based on the latest financial reports, Invercap (INVERCAP) has net assets worth CL$3.50 Billion CLP (≈ $3.91 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CL$6.84 Billion ≈ $7.65 Million USD) and total liabilities (CL$3.34 Billion ≈ $3.74 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 INVERCAP tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CL$3.50 Billion |
| % of Total Assets | 51.16% |
| Annual Growth Rate | 17.41% |
| 5-Year Change | -18.71% |
| 10-Year Change | 489.66% |
| Growth Volatility | 145.5 |
Invercap - Net Assets Trend (2014–2025)
This chart illustrates how Invercap's net assets have evolved over time, based on quarterly financial data. See Invercap (INVERCAP) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Invercap (2014–2025)
The table below shows the annual net assets of Invercap from 2014 to 2025. For live valuation and market cap data, see Invercap (INVERCAP) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CL$3.50 Billion ≈ $3.91 Million |
-5.03% |
| 2024-12-31 | CL$3.69 Billion ≈ $4.12 Million |
-12.06% |
| 2023-12-31 | CL$4.19 Billion ≈ $4.69 Million |
-1.68% |
| 2022-12-31 | CL$4.26 Billion ≈ $4.77 Million |
-1.01% |
| 2021-12-31 | CL$4.31 Billion ≈ $4.82 Million |
+505.39% |
| 2020-12-31 | CL$711.24 Million ≈ $795.41K |
+19.51% |
| 2019-12-31 | CL$595.14 Million ≈ $665.57K |
-5.72% |
| 2018-12-31 | CL$631.28 Million ≈ $705.99K |
+2.07% |
| 2017-12-31 | CL$618.46 Million ≈ $691.65K |
+4.20% |
| 2016-12-31 | CL$593.56 Million ≈ $663.81K |
-0.49% |
| 2015-12-31 | CL$596.50 Million ≈ $667.10K |
-0.36% |
| 2014-12-31 | CL$598.65 Million ≈ $669.50K |
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Equity Component Analysis
This analysis shows how different components contribute to Invercap'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 62.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CL$788.61 Million | 89.77% |
| Other Components | CL$89.90 Million | 10.23% |
| Total Equity | CL$878.50 Million | 100.00% |
Invercap Competitors by Market Cap
The table below lists competitors of Invercap ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Stalprodukt SA
WAR:STP
|
$317.92 Million |
|
Kordsa Global Endustriyel Iplik ve Kord Bezi Sanayi ve Ticaret AS
IS:KORDS
|
$318.06 Million |
|
Yulie Sekurindo Tbk
JK:YULE
|
$318.09 Million |
|
Keyfield International Berhad
KLSE:5321
|
$318.10 Million |
|
Zhejiang Baida Precision Mnfg
SHG:603331
|
$317.74 Million |
|
Dear U Co. Ltd.
KQ:376300
|
$317.72 Million |
|
Chengdu Shengbang Seals Co.Ltd.
SHE:301233
|
$317.69 Million |
|
Chongqing Wanli New Energy Co Ltd
SHG:600847
|
$317.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Invercap's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 921,757,000 to 878,503,000, a change of -43,254,000 (-4.7%).
- Net loss of 43,586,000 reduced equity.
- Dividend payments of 912,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CL$-43.59 Million | -4.96% |
| Dividends Paid | CL$912.00K | -0.1% |
| Other Changes | CL$1.24 Million | +0.14% |
| Total Change | CL$- | -4.69% |
Book Value vs Market Value Analysis
This analysis compares Invercap'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: 323.49x
- 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 459.51x to 323.49x 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$4.14 | CL$1901.60 | x |
| 2018-12-31 | CL$4.22 | CL$1901.60 | x |
| 2019-12-31 | CL$3.98 | CL$1901.60 | x |
| 2020-12-31 | CL$4.76 | CL$1901.60 | x |
| 2021-12-31 | CL$7.80 | CL$1901.60 | x |
| 2022-12-31 | CL$7.75 | CL$1901.60 | x |
| 2023-12-31 | CL$7.56 | CL$1901.60 | x |
| 2024-12-31 | CL$6.17 | CL$1901.60 | x |
| 2025-12-31 | CL$5.88 | CL$1901.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Invercap utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -4.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.26%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 7.79x
- Recent ROE (-4.96%) is below the historical average (4.56%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 2.77% | 475.30% | 0.01x | 1.15x | CL$-43.04 Million |
| 2015 | 0.02% | 5.74% | 0.00x | 1.14x | CL$-59.19 Million |
| 2016 | -0.15% | -12.66% | 0.01x | 1.12x | CL$-60.00 Million |
| 2017 | 5.88% | 944.57% | 0.01x | 1.11x | CL$-25.48 Million |
| 2018 | 2.96% | 314.40% | 0.01x | 1.08x | CL$-44.41 Million |
| 2019 | -5.84% | -469.92% | 0.01x | 1.09x | CL$-94.24 Million |
| 2020 | 21.00% | 3162.39% | 0.01x | 1.15x | CL$78.20 Million |
| 2021 | 48.12% | 137.15% | 0.05x | 6.50x | CL$444.23 Million |
| 2022 | 7.49% | 2.89% | 0.41x | 6.36x | CL$-29.06 Million |
| 2023 | -0.92% | -0.43% | 0.31x | 6.90x | CL$-123.33 Million |
| 2024 | -21.64% | -11.07% | 0.25x | 7.70x | CL$-291.61 Million |
| 2025 | -4.96% | -2.26% | 0.28x | 7.79x | CL$-131.44 Million |
Industry Comparison
This section compares Invercap's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $1,606,093,000
- Average return on equity (ROE) among peers: 2.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Invercap (INVERCAP) | CL$3.50 Billion | 2.77% | 0.95x | $317.82 Million |
| CAP S.A (CAP) | $3.02 Billion | -2.81% | 1.03x | $1.10 Billion |
| Cintac (CINTAC) | $194.44 Million | 8.05% | 0.64x | $74.58 Million |
About Invercap
Invercap S.A. operates in the mining and non-steel businesses in Chile, Argentina, and Peru. It operates through three segments: Mining, Industrial, and Infrastructure. The company is involved in extraction and sale of limestone, development of port, iron mining, and logistics activities, including the unloading of caustic soda, as well as provision of engineering and project operation services. … Read more