Construtora TendaBSP:TEND3 +2.11%68 Gross Margin % is 33.72% as of Mar. 2026, which is 11% above its 10-year median of 30.38. GuruFocus rates BSP:TEND3 with a GF Score™ of 68/100 and a GF Value™ of R$20.58 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,646 Real Estate companies, Construtora Tenda ranks worse than 61.18% on this metric.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Construtora Tenda had a gross margin of 33.72% for the quarter that ended in Mar. 2026 => Competition eroding margins
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Construtora Tenda Gross Margin % Related Terms
Construtora Tenda Gross Margin % Historical Data
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The historical data trend for Construtora Tenda's Gross Margin % 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.
For the Real Estate - Development subindustry, Construtora Tenda's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Construtora Tenda's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Construtora Tenda's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Construtora Tenda (BSP:TEND3) has a Gross Margin % of 33.72% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Construtora Tenda and its competitors. This is 11% above median its historical median of 30.38. Over the past decade, Construtora Tenda's Gross Margin % has ranged from 11.39 to 34.84. According to the industry distribution chart, Construtora Tenda ranks #1007 out of 1646 companies in the Real Estate industry, placing it in the top 61.2%.
Is Construtora Tenda's Gross Margin % too high?
Construtora Tenda's current Gross Margin % of 33.72% is 11% above median its 10-year median of 30.38. Over the past 10 years, this metric has ranged from a low of 11.39 to a high of 34.84. The Real Estate industry median Gross Margin % is 36.96. Construtora Tenda's value of 33.72% is 8.8% below this industry median. Based on the distribution chart, Construtora Tenda ranks #1007 out of 1646 companies in the Real Estate industry, which is below the industry midpoint. Overall, Construtora Tenda has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Construtora Tenda's Gross Margin % compare to competitors?
According to the Real Estate industry distribution chart, Construtora Tenda ranks #1007 out of 1646 companies for Gross Margin %. This places Construtora Tenda in the lower half of its industry. The industry median Gross Margin % is 36.96. Construtora Tenda's value of 33.72% is 8.8% below this benchmark. Historically, Construtora Tenda's own Gross Margin % has ranged from 11.39 to 34.84 over the past decade. While the company's 10-year median is 30.38 vs. the industry median of 36.96, Construtora Tenda has consistently been below 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 Gross Margin % for a Real Estate company?
The median Gross Margin % among Real Estate companies is 36.96, based on 1,646 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Construtora Tenda's current Gross Margin % of 33.72% is 8.8% below 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Construtora Tenda and its competitors. For the Real Estate industry, the median Gross Margin % is 36.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Construtora Tenda's current Gross Margin % is 33.72%, which is 11% above median its own 10-year median of 30.38. 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$20.58, compared to a current price of R$36.85 — trading 79.1% above its estimated fair value. The current Gross Margin % is 33.72%, which is 11% above median its 10-year median of 30.38 and 8.8% below the Real Estate industry median of 36.96. Construtora Tenda's overall GF Score™ is 68/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Construtora Tenda (BSP:TEND3), the current Gross Margin % is 33.72% 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$36.85 is trading 79.1% above its estimated GF Value™ of R$20.58.
GuruFocus considers Construtora Tenda to be Significantly Overvalued.
Key valuation signals for BSP:TEND3:
Gross Margin %: 33.72% (11% above median its 10-year median of 30.38)
GF Value™: R$20.58 vs. price of R$36.85 (79.1% above fair value)
Industry Position: 8.8% below the Real Estate median (#1007 of 1646)
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 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.
68GF Score
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