Construtora Tenda (BSP:TEND3) Debt-to-Equity: 1.07 (As of Mar. 2026) — 14% Above Median

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Director of Data and Quant Analytics at GuruFocus
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BSP:TEND3 Construtora Tenda SA BSP:TEND3
75 GF Score
Price R$31.69
GF Value R$21.14
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Construtora Tenda Debt-to-Equity?

Construtora Tenda BSP:TEND3 +4.48% 75 Debt-to-Equity is 1.07 as of Mar. 2026, which is 14% above its 10-year median of 0.94. GuruFocus rates BSP:TEND3 with a GF Score™ of 75/100 and a GF Value™ of R$21.14 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,542 Real Estate companies, Construtora Tenda ranks worse than 63.04% on this metric.

Construtora Tenda's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R$447 Mil. Construtora Tenda's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was R$1,007 Mil. Construtora Tenda's Total Stockholders Equity for the quarter that ended in Mar. 2026 was R$1,358 Mil. Construtora Tenda's debt to equity for the quarter that ended in Mar. 2026 was 1.07.

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 Construtora Tenda's Debt-to-Equity or its related term are showing as below:

BSP:TEND3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12   Med: 0.94   Max: 2.12
Current: 1.07

During the past 13 years, the highest Debt-to-Equity Ratio of Construtora Tenda was 2.12. The lowest was 0.12. And the median was 0.94.

BSP:TEND3's Debt-to-Equity is ranked worse than
63.04% of 1542 companies
in the Real Estate industry
Industry Median: 0.73 vs BSP:TEND3: 1.07

Construtora Tenda  (BSP:TEND3) 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.


Construtora Tenda Debt-to-Equity Related Terms


Construtora Tenda Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Construtora Tenda'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.

Construtora Tenda Debt-to-Equity Chart

Construtora Tenda 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 1.18 2.12 1.42 1.14 1.13

Construtora Tenda 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 0.98 1.04 0.94 1.13 1.07

Construtora Tenda Debt-to-Equity Competitor Comparison

For the Real Estate - Development subindustry, Construtora Tenda'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.


Construtora Tenda Debt-to-Equity vs Real Estate Industry

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

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


BSP:TEND3
75GF Score
Construtora Tenda SA BSP:TEND3
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Construtora Tenda Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Construtora Tenda'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 1.07 mean?
Construtora Tenda (BSP:TEND3) has a Debt-to-Equity of 1.07 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Construtora Tenda and its competitors. This is 14% above median its historical median of 0.94. Over the past decade, Construtora Tenda's Debt-to-Equity has ranged from 0.12 to 2.12. According to the industry distribution chart, Construtora Tenda ranks #972 out of 1542 companies in the Real Estate industry, placing it in the top 63%.
Is Construtora Tenda's Debt-to-Equity too high?
Construtora Tenda's current Debt-to-Equity of 1.07 is 14% above median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 2.12. The Real Estate industry median Debt-to-Equity is 0.73. Construtora Tenda's value of 1.07 is 46.6% above this industry median. Based on the distribution chart, Construtora Tenda ranks #972 out of 1542 companies in the Real Estate industry, which is below the industry midpoint. Overall, Construtora Tenda has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Construtora Tenda's Debt-to-Equity compare to competitors?
According to the Real Estate industry distribution chart, Construtora Tenda ranks #972 out of 1542 companies for Debt-to-Equity. This places Construtora Tenda in the lower half of its industry. The industry median Debt-to-Equity is 0.73. Construtora Tenda's value of 1.07 is 46.6% above this benchmark. Historically, Construtora Tenda's own Debt-to-Equity has ranged from 0.12 to 2.12 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 0.73, Construtora Tenda 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 0.73, based on 1,542 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. Construtora Tenda's current Debt-to-Equity of 1.07 is 46.6% 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 Construtora Tenda and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Construtora Tenda's current Debt-to-Equity is 1.07, which is 14% above median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Construtora Tenda stock overvalued right now?
Based on GuruFocus' analysis, Construtora Tenda (BSP:TEND3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$21.14, compared to a current price of R$31.69 — trading 49.9% above its estimated fair value. The current Debt-to-Equity is 1.07, which is 14% above median its 10-year median of 0.94 and 46.6% above the Real Estate industry median of 0.73. Construtora Tenda's overall GF Score™ is 75/100 with 4 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 Construtora Tenda (BSP:TEND3), the current Debt-to-Equity is 1.07 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 Construtora Tenda (BSP:TEND3) Overvalued in 2026?

Based on GuruFocus' analysis, Construtora Tenda stock appears to be overvalued. The current stock price of R$31.69 is trading 49.9% above its estimated GF Value™ of R$21.14. GuruFocus considers Construtora Tenda to be Significantly Overvalued.

Key valuation signals for BSP:TEND3:

  • Debt-to-Equity: 1.07 (14% above median its 10-year median of 0.94)
  • GF Value™: R$21.14 vs. price of R$31.69 (49.9% above fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 46.6% above the Real Estate median (#972 of 1542)

No single metric tells the full story. See the BSP:TEND3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Construtora Tenda Business Description

Address Rua Boa Vista, 280, Sao Paulo, SP, BRA, 01010-001
Construtora Tenda SA is engaged in the performance of general construction works: the merger of property; the purchase and sale of properties; providing construction management services; intermediating the sale of consortium shares; and participation in other companies. Subsidiaries share the managerial, operating structures, and corporate costs. The SPEs are exclusively engaged in real estate operations and are linked to specific projects. The company focuses on affordable housing which allows it to pursue scale gains and continuous improvement. It has a single SKU for no-elevator buildings. It has two segments On-site and Off-site.
75GF Score

Get the complete analysis for BSP:TEND3

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

R$31.69
Price
R$21.14
GF Value