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.
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.
The historical rank and industry rank for Banestes Banco Estado Espirito's Return-on-Tangible-Asset or its related term are showing as below:
BSP:BEES4'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.72 Med: 0.83 Max: 1.1
Current: 0.84
During the past 13 years, Banestes Banco Estado Espirito's highest Return-on-Tangible-Asset was 1.10%. The lowest was 0.72%. And the median was 0.83%.
BSP:BEES4's Return-on-Tangible-Asset is ranked worse than 61.15% of 1529
companies
in the Banks industry
Industry Median: 1
vs BSP:BEES4: 0.84
Banestes Banco Estado Espirito (BSP:BEES4) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Banestes Banco Estado Espirito Return-on-Tangible-Asset Related Terms
Banestes Banco Estado Espirito Return-on-Tangible-Asset Historical Data
* 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.
Banestes Banco Estado Espirito Return-on-Tangible-Asset Chart
Banestes Banco Estado Espirito Return-on-Tangible-Asset Competitor Comparison
For the Banks - Regional subindustry, Banestes Banco Estado Espirito's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Banestes Banco Estado Espirito Return-on-Tangible-Asset vs Banks Industry
For the Banks industry and Financial Services sector, Banestes Banco Estado Espirito's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Banestes Banco Estado Espirito's Return-on-Tangible-Asset 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 0.99% mean?
Banestes Banco Estado Espirito (BSP:BEES4) has a Return-on-Tangible-Asset of 0.99% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Banestes Banco Estado Espirito and its competitors. This is 19% above median its historical median of 0.83. Over the past decade, Banestes Banco Estado Espirito's Return-on-Tangible-Asset has ranged from 0.72 to 1.10. According to the industry distribution chart, Banestes Banco Estado Espirito ranks #935 out of 1529 companies in the Banks industry, placing it in the top 61.2%.
Is Banestes Banco Estado Espirito's Return-on-Tangible-Asset too high?
Banestes Banco Estado Espirito's current Return-on-Tangible-Asset of 0.99% is 19% above median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 1.10. The Banks industry median Return-on-Tangible-Asset is 1.00. Banestes Banco Estado Espirito's value of 0.99% is 1% below this industry median. Based on the distribution chart, Banestes Banco Estado Espirito ranks #935 out of 1529 companies in the Banks industry, which is below the industry midpoint. Overall, Banestes Banco Estado Espirito has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banestes Banco Estado Espirito's Return-on-Tangible-Asset compare to competitors?
According to the Banks industry distribution chart, Banestes Banco Estado Espirito ranks #935 out of 1529 companies for Return-on-Tangible-Asset. This places Banestes Banco Estado Espirito in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.00. Banestes Banco Estado Espirito's value of 0.99% is 1% below this benchmark. Historically, Banestes Banco Estado Espirito's own Return-on-Tangible-Asset has ranged from 0.72 to 1.10 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 1.00, Banestes Banco Estado Espirito 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 Return-on-Tangible-Asset for a Banks company?
The median Return-on-Tangible-Asset among Banks companies is 1.00, based on 1,529 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Banestes Banco Estado Espirito's current Return-on-Tangible-Asset of 0.99% is 1% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Banestes Banco Estado Espirito and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banestes Banco Estado Espirito's current Return-on-Tangible-Asset is 0.99%, which is 19% above median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banestes Banco Estado Espirito stock overvalued right now?
Based on GuruFocus' analysis, Banestes Banco Estado Espirito (BSP:BEES4) is currently considered Modestly Overvalued. The stock's GF Value™ is R$7.98, compared to a current price of R$8.94 — trading 12% above its estimated fair value. The current Return-on-Tangible-Asset is 0.99%, which is 19% above median its 10-year median of 0.83 and 1% below the Banks industry median of 1.00. Banestes Banco Estado Espirito's overall GF Score™ is 59/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Banestes Banco Estado Espirito (BSP:BEES4), the current Return-on-Tangible-Asset is 0.99% 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 Banestes Banco Estado Espirito (BSP:BEES4) Overvalued in 2026?
Based on GuruFocus' analysis, Banestes Banco Estado Espirito stock appears to be overvalued.
The current stock price of R$8.94 is trading 12% above its estimated GF Value™ of R$7.98.
GuruFocus considers Banestes Banco Estado Espirito to be Modestly Overvalued.
Key valuation signals for BSP:BEES4:
Return-on-Tangible-Asset: 0.99% (19% above median its 10-year median of 0.83)
GF Value™: R$7.98 vs. price of R$8.94 (12% above fair value)
Industry Position: 1% below the Banks median (#935 of 1529)
No single metric tells the full story. See the BSP:BEES4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Banestes Banco Estado Espirito Business Description
Banestes SA Banco Estado Espirito operates as a bank. Its activities are focused on the credit operations. It also operates in foreign exchange market, offering products geared mainly to finance imports and exports like letter of credit. The Bank offers credit, securities brokerage services, foreign exchange, and other financial services.
59GF Score
Get the complete analysis for BSP:BEES4
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:BEES4 has been successfully added to your 
