Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Contax Participacoes's annualizedNet Income for the quarter that ended in Mar. 2026 was R$-98.0 Mil. Contax Participacoes's average total tangible assets for the quarter that ended in Mar. 2026 was R$510.2 Mil. Therefore, Contax Participacoes's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -19.21%.
The historical rank and industry rank for Contax Participacoes's Return-on-Tangible-Asset or its related term are showing as below:
BSP:CTAX3'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -46.17 Med: -21.13 Max: 67.55
Current: -3.44
During the past 13 years, Contax Participacoes's highest Return-on-Tangible-Asset was 67.55%. The lowest was -46.17%. And the median was -21.13%.
BSP:CTAX3's Return-on-Tangible-Asset is ranked worse than 79.45% of 1095
companies
in the Business Services industry
Industry Median: 3.89
vs BSP:CTAX3: -3.44
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.
Contax Participacoes Return-on-Tangible-Asset Related Terms
Contax Participacoes Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Contax Participacoes's Return-on-Tangible-Asset 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.
BSP:CTAX3 vs CTAS, CPRT, ULS: Return-on-Tangible-Asset Comparison
For the Specialty Business Services subindustry, Contax Participacoes'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.
Contax Participacoes Return-on-Tangible-Asset vs Business Services Industry
For the Business Services industry and Industrials sector, Contax Participacoes's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Contax Participacoes'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 -19.21% mean?
Contax Participacoes (BSP:CTAX3) has a Return-on-Tangible-Asset of -19.21% 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 Contax Participacoes and its competitors. According to the industry distribution chart, Contax Participacoes ranks #870 out of 1095 companies in the Business Services industry, placing it in the top 79.5%.
Is Contax Participacoes' Return-on-Tangible-Asset too high?
Contax Participacoes' current Return-on-Tangible-Asset is -19.21%. Based on the distribution chart, Contax Participacoes ranks #870 out of 1095 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Contax Participacoes has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Contax Participacoes' Return-on-Tangible-Asset compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Contax Participacoes ranks #870 out of 1095 companies for Return-on-Tangible-Asset. This places Contax Participacoes in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.89. 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 Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.89, based on 1,095 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. 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 Contax Participacoes and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Contax Participacoes's current Return-on-Tangible-Asset is -19.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Contax Participacoes stock overvalued right now?
Based on GuruFocus' analysis, Contax Participacoes (BSP:CTAX3) is currently considered Possible Value Trap. The stock's GF Value™ is R$1.48, compared to a current price of R$0.46 — trading 68.9% below its estimated fair value. The current Return-on-Tangible-Asset is -19.21%. Contax Participacoes' overall GF Score™ is 40/100 with 5 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 Contax Participacoes (BSP:CTAX3), the current Return-on-Tangible-Asset is -19.21% 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 Contax Participacoes (BSP:CTAX3) Overvalued in 2026?
Based on GuruFocus' analysis, Contax Participacoes stock appears to be undervalued.
The current stock price of R$0.46 is trading 68.9% below its estimated GF Value™ of R$1.48.
GuruFocus considers Contax Participacoes to be Possible Value Trap.
Key valuation signals for BSP:CTAX3:
Return-on-Tangible-Asset: -19.21%
GF Value™: R$1.48 vs. price of R$0.46 (68.9% below fair value)
No single metric tells the full story. See the BSP:CTAX3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Contax Participacoes SA formerly, ATMA Participacoes SA is engaged in Industrial Maintenance and Facilities, (ii) Customer Service (contact center and trade marketing) and (iii) Information Technology.
40GF Score
Get the complete analysis for BSP:CTAX3
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:CTAX3 has been successfully added to your 
