Even Construtora Eorporadora (BSP:EVEN3) Debt-to-Equity: 0.78 (As of Mar. 2026) — 11% Above Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:EVEN3 Even Construtora E Incorporadora SA BSP:EVEN3
69 GF Score
Price R$4.28
GF Value R$18.61
Valuation Possible Value Trap
! 5 Warning Signs
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What is Even Construtora Eorporadora Debt-to-Equity?

Even Construtora Eorporadora BSP:EVEN3 -3.17% 69 Debt-to-Equity is 0.78 as of Mar. 2026, which is 11% above its 10-year median of 0.70. GuruFocus rates BSP:EVEN3 with a GF Score™ of 69/100 and a GF Value™ of R$18.61 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,545 Real Estate companies, Even Construtora Eorporadora ranks worse than 51.07% on this metric.

Even Construtora Eorporadora's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R$259 Mil. Even Construtora Eorporadora's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R$1,236 Mil. Even Construtora Eorporadora's Total Stockholders Equity for the quarter that ended in Mar. 2026 was R$1,928 Mil. Even Construtora Eorporadora's debt to equity for the quarter that ended in Mar. 2026 was 0.78.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Even Construtora Eorporadora's Debt-to-Equity or its related term are showing as below:

BSP:EVEN3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.17   Med: 0.7   Max: 0.99
Current: 0.78

During the past 13 years, the highest Debt-to-Equity Ratio of Even Construtora Eorporadora was 0.99. The lowest was 0.17. And the median was 0.70.

BSP:EVEN3's Debt-to-Equity is ranked worse than
51.07% of 1545 companies
in the Real Estate industry
Industry Median: 0.75 vs BSP:EVEN3: 0.78

Even Construtora Eorporadora  (BSP:EVEN3) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Even Construtora Eorporadora Debt-to-Equity Related Terms


Even Construtora Eorporadora Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Even Construtora Eorporadora's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Even Construtora Eorporadora Debt-to-Equity Chart

Even Construtora Eorporadora Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.41 0.68 0.65 0.79

Even Construtora Eorporadora Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 0.59 0.56 0.79 0.78

Even Construtora Eorporadora Debt-to-Equity Competitor Comparison

For the Real Estate - Development subindustry, Even Construtora Eorporadora's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Even Construtora Eorporadora Debt-to-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Even Construtora Eorporadora's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Even Construtora Eorporadora's Debt-to-Equity falls into.


BSP:EVEN3
69GF Score
Even Construtora E Incorporadora SA BSP:EVEN3
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Even Construtora Eorporadora Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Even Construtora Eorporadora's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Even Construtora Eorporadora's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.78 mean?
Even Construtora Eorporadora (BSP:EVEN3) has a Debt-to-Equity of 0.78 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Even Construtora Eorporadora and its competitors. This is 11% above median its historical median of 0.70. Over the past decade, Even Construtora Eorporadora's Debt-to-Equity has ranged from 0.17 to 0.99. According to the industry distribution chart, Even Construtora Eorporadora ranks #789 out of 1545 companies in the Real Estate industry, placing it in the top 51.1%.
Is Even Construtora Eorporadora's Debt-to-Equity too high?
Even Construtora Eorporadora's current Debt-to-Equity of 0.78 is 11% above median its 10-year median of 0.70. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.99. The Real Estate industry median Debt-to-Equity is 0.75. Even Construtora Eorporadora's value of 0.78 is 4% above this industry median. Based on the distribution chart, Even Construtora Eorporadora ranks #789 out of 1545 companies in the Real Estate industry, which is below the industry midpoint. Overall, Even Construtora Eorporadora has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Even Construtora Eorporadora's Debt-to-Equity compare to competitors?
According to the Real Estate industry distribution chart, Even Construtora Eorporadora ranks #789 out of 1545 companies for Debt-to-Equity. This places Even Construtora Eorporadora in the lower half of its industry. The industry median Debt-to-Equity is 0.75. Even Construtora Eorporadora's value of 0.78 is 4% above this benchmark. Historically, Even Construtora Eorporadora's own Debt-to-Equity has ranged from 0.17 to 0.99 over the past decade. While the company's 10-year median is 0.70 vs. the industry median of 0.75, Even Construtora Eorporadora has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.75, based on 1,545 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Even Construtora Eorporadora's current Debt-to-Equity of 0.78 is 4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Even Construtora Eorporadora and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Even Construtora Eorporadora's current Debt-to-Equity is 0.78, which is 11% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Even Construtora Eorporadora stock overvalued right now?
Based on GuruFocus' analysis, Even Construtora Eorporadora (BSP:EVEN3) is currently considered Possible Value Trap. The stock's GF Value™ is R$18.61, compared to a current price of R$4.28 — trading 77% below its estimated fair value. The current Debt-to-Equity is 0.78, which is 11% above median its 10-year median of 0.70 and 4% above the Real Estate industry median of 0.75. Even Construtora Eorporadora's overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Even Construtora Eorporadora (BSP:EVEN3), the current Debt-to-Equity is 0.78 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Even Construtora Eorporadora (BSP:EVEN3) Overvalued in 2026?

Based on GuruFocus' analysis, Even Construtora Eorporadora stock appears to be undervalued. The current stock price of R$4.28 is trading 77% below its estimated GF Value™ of R$18.61. GuruFocus considers Even Construtora Eorporadora to be Possible Value Trap.

Key valuation signals for BSP:EVEN3:

  • Debt-to-Equity: 0.78 (11% above median its 10-year median of 0.70)
  • GF Value™: R$18.61 vs. price of R$4.28 (77% below fair value)
  • GF Score™: 69/100 with 5 warning signs
  • Industry Position: 4% above the Real Estate median (#789 of 1545)

No single metric tells the full story. See the BSP:EVEN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Even Construtora Eorporadora Business Description

Address Rua Hungria, 1400 - 3rd Floor Garden America, Sao Paulo, SP, BRA, 01455000
Even Construtora E Incorporadora SA engages in residential property development. The firm develops residential building projects and also offers commercial properties. It is involved in site prospecting, property development, brokerage and project construction activities. Geographically, the company mainly operates in following segments: States of Sao Paulo, Rio de Janeiro and the Rio Grande do Sul and Other Markets. The States of Sao Paulo segment accounts for the majority of the firm's revenue.
69GF Score

Get the complete analysis for BSP:EVEN3

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$4.28
Price
R$18.61
GF Value