HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) Intangible Assets: R$32.7 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
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:HBRE3 HBR Realty Empreendimentos Imobiliarios SA BSP:HBRE3
64 GF Score
Price R$2.32
GF Value R$13.53
Valuation Possible Value Trap
! 9 Warning Signs
View Full Analysis

What is HBR Realty Empreendimentos Imobiliarios Intangible Assets?

HBR Realty Empreendimentos Imobiliarios BSP:HBRE3 +3.11% 64 Intangible Assets is R$32.7 Mil as of Jun. 2026. GuruFocus rates BSP:HBRE3 with a GF Score™ of 64/100 and a GF Value™ of R$13.53 (Possible Value Trap). The stock has 9 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. HBR Realty Empreendimentos Imobiliarios's intangible assets for the quarter that ended in Jun. 2026 was R$32.7 Mil.


HBR Realty Empreendimentos Imobiliarios  (BSP:HBRE3) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


HBR Realty Empreendimentos Imobiliarios Intangible Assets Related Terms


HBR Realty Empreendimentos Imobiliarios Intangible Assets Historical Data

* Premium members only.

The historical data trend for HBR Realty Empreendimentos Imobiliarios's Intangible Assets 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.

HBR Realty Empreendimentos Imobiliarios Intangible Assets Chart

HBR Realty Empreendimentos Imobiliarios Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intangible Assets
Get a 7-Day Free Trial 5.35 12.28 9.31 41.26 35.07

HBR Realty Empreendimentos Imobiliarios Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Intangible Assets 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 44.09 36.47 35.07 33.92 32.72
BSP:HBRE3
64GF Score
HBR Realty Empreendimentos Imobiliarios SA BSP:HBRE3
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HBR Realty Empreendimentos Imobiliarios Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of R$32.7 Mil mean?
HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) has a Intangible Assets of R$32.7 Mil as of Jun. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on HBR Realty Empreendimentos Imobiliarios and its competitors.
Is HBR Realty Empreendimentos Imobiliarios' Intangible Assets too high?
HBR Realty Empreendimentos Imobiliarios' current Intangible Assets is R$32.7 Mil. Overall, HBR Realty Empreendimentos Imobiliarios has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HBR Realty Empreendimentos Imobiliarios' Intangible Assets compare to CBRE and BEKE?
HBR Realty Empreendimentos Imobiliarios' Intangible Assets of R$32.7 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intangible Assets for a Real Estate company?
A good Intangible Assets depends on the Real Estate industry context. However, Intangible Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on HBR Realty Empreendimentos Imobiliarios and its competitors. HBR Realty Empreendimentos Imobiliarios's current Intangible Assets is R$32.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HBR Realty Empreendimentos Imobiliarios stock overvalued right now?
Based on GuruFocus' analysis, HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) is currently considered Possible Value Trap. The stock's GF Value™ is R$13.53, compared to a current price of R$2.32 — trading 82.9% below its estimated fair value. The current Intangible Assets is R$32.7 Mil. HBR Realty Empreendimentos Imobiliarios' overall GF Score™ is 64/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3), the current Intangible Assets is R$32.7 Mil as of Jun. 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 HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) Overvalued in 2026?

Based on GuruFocus' analysis, HBR Realty Empreendimentos Imobiliarios stock appears to be undervalued. The current stock price of R$2.32 is trading 82.9% below its estimated GF Value™ of R$13.53. GuruFocus considers HBR Realty Empreendimentos Imobiliarios to be Possible Value Trap.

Key valuation signals for BSP:HBRE3:

  • Intangible Assets: R$32.7 Mil
  • GF Value™: R$13.53 vs. price of R$2.32 (82.9% below fair value)
  • GF Score™: 64/100 with 9 warning signs

No single metric tells the full story. See the BSP:HBRE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HBR Realty Empreendimentos Imobiliarios Business Description

Address Avenida Vereador Narciso Yague Guimaraes, 1.145, 2nd Floor, Jardim Arenia, Helbor Concept- Edificio Corporate, Mogi das Cruzes, SP, BRA, CEP 08780-500
HBR Realty Empreendimentos Imobiliarios SA operates in the real estate development and management division. The company's business is focused on urban properties, distributed over four main platforms that house the developed and developing asset classes. These platforms are ComVem, HBR3A, HBR Malls, and HBR Opportunities. ComVem is a platform dedicated towards the development and administration of convenience centers; the HBR 3A platform is dedicated to the development and management of corporate buildings; the HBR Malls platform is dedicated to the acquisition, development, and management of shopping centers; and HBR Opportunities platform brings together assets of various classes, such as built to suits, development, and management of hotels, parking lots, and others.
64GF Score

Get the complete analysis for BSP:HBRE3

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

R$2.32
Price
R$13.53
GF Value