CVC Brasil Operadora e Agencia de Viagens (BSP:CVCB3) Return-on-Tangible-Asset: -9.65% (As of Mar. 2026)


BSP:CVCB3 CVC Brasil Operadora e Agencia de Viagens SA BSP:CVCB3
52 GF Score
Price R$1.22
GF Value R$2.00
Valuation Possible Value Trap
! 3 Warning Signs
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What is CVC Brasil Operadora e Agencia de Viagens Return-on-Tangible-Asset?

CVC Brasil Operadora e Agencia de Viagens BSP:CVCB3 -1.61% 52 Return-on-Tangible-Asset is -9.65% as of Mar. 2026. GuruFocus rates BSP:CVCB3 with a GF Score™ of 52/100 and a GF Value™ of R$2.00 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 853 Travel & Leisure companies, CVC Brasil Operadora e Agencia de Viagens ranks worse than 78.55% on this metric.

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. CVC Brasil Operadora e Agencia de Viagens's annualized Net Income for the quarter that ended in Mar. 2026 was R$-289 Mil. CVC Brasil Operadora e Agencia de Viagens's average total tangible assets for the quarter that ended in Mar. 2026 was R$2,998 Mil. Therefore, CVC Brasil Operadora e Agencia de Viagens's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -9.65%.

The historical rank and industry rank for CVC Brasil Operadora e Agencia de Viagens's Return-on-Tangible-Asset or its related term are showing as below:

BSP:CVCB3' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -26.39   Med: -2.37   Max: 7.01
Current: -3.58

During the past 13 years, CVC Brasil Operadora e Agencia de Viagens's highest Return-on-Tangible-Asset was 7.01%. The lowest was -26.39%. And the median was -2.37%.

BSP:CVCB3's Return-on-Tangible-Asset is ranked worse than
78.55% of 853 companies
in the Travel & Leisure industry
Industry Median: 2.75 vs BSP:CVCB3: -3.58

CVC Brasil Operadora e Agencia de Viagens  (BSP:CVCB3) 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 company’s 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 company’s 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.


CVC Brasil Operadora e Agencia de Viagens Return-on-Tangible-Asset Related Terms


CVC Brasil Operadora e Agencia de Viagens Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for CVC Brasil Operadora e Agencia de Viagens'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.

CVC Brasil Operadora e Agencia de Viagens Return-on-Tangible-Asset Chart

CVC Brasil Operadora e Agencia de Viagens Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.25 -13.06 -15.47 -3.37 -1.36

CVC Brasil Operadora e Agencia de Viagens Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset 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 -1.00 -6.26 5.56 -3.79 -9.65

BSP:CVCB3 vs BKNG, ABNB, RCL: Return-on-Tangible-Asset Comparison

For the Travel Services subindustry, CVC Brasil Operadora e Agencia de Viagens'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.


CVC Brasil Operadora e Agencia de Viagens Return-on-Tangible-Asset vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, CVC Brasil Operadora e Agencia de Viagens's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where CVC Brasil Operadora e Agencia de Viagens's Return-on-Tangible-Asset falls into.


BSP:CVCB3
52GF Score
CVC Brasil Operadora e Agencia de Viagens SA BSP:CVCB3
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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CVC Brasil Operadora e Agencia de Viagens Return-on-Tangible-Asset Calculation

CVC Brasil Operadora e Agencia de Viagens's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-40.935/( (3010.835+3006.972)/ 2 )
=-40.935/3008.9035
=-1.36 %

CVC Brasil Operadora e Agencia de Viagens's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-289.284/( (3006.972+2989.758)/ 2 )
=-289.284/2998.365
=-9.65 %

* 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 -9.65% mean?
CVC Brasil Operadora e Agencia de Viagens (BSP:CVCB3) has a Return-on-Tangible-Asset of -9.65% 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 CVC Brasil Operadora e Agencia de Viagens and its competitors. According to the industry distribution chart, CVC Brasil Operadora e Agencia de Viagens ranks #670 out of 853 companies in the Travel & Leisure industry, placing it in the top 78.5%.
Is CVC Brasil Operadora e Agencia de Viagens' Return-on-Tangible-Asset too high?
CVC Brasil Operadora e Agencia de Viagens' current Return-on-Tangible-Asset is -9.65%. Based on the distribution chart, CVC Brasil Operadora e Agencia de Viagens ranks #670 out of 853 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, CVC Brasil Operadora e Agencia de Viagens has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does CVC Brasil Operadora e Agencia de Viagens' Return-on-Tangible-Asset compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, CVC Brasil Operadora e Agencia de Viagens ranks #670 out of 853 companies for Return-on-Tangible-Asset. This places CVC Brasil Operadora e Agencia de Viagens in the lower half of its industry. The industry median Return-on-Tangible-Asset is 2.75. 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 Travel & Leisure company?
The median Return-on-Tangible-Asset among Travel & Leisure companies is 2.75, based on 853 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 CVC Brasil Operadora e Agencia de Viagens and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Asset is 2.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CVC Brasil Operadora e Agencia de Viagens's current Return-on-Tangible-Asset is -9.65%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CVC Brasil Operadora e Agencia de Viagens stock overvalued right now?
Based on GuruFocus' analysis, CVC Brasil Operadora e Agencia de Viagens (BSP:CVCB3) is currently considered Possible Value Trap. The stock's GF Value™ is R$2.00, compared to a current price of R$1.22 — trading 39% below its estimated fair value. The current Return-on-Tangible-Asset is -9.65%. CVC Brasil Operadora e Agencia de Viagens' overall GF Score™ is 52/100 with 3 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 CVC Brasil Operadora e Agencia de Viagens (BSP:CVCB3), the current Return-on-Tangible-Asset is -9.65% 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 CVC Brasil Operadora e Agencia de Viagens (BSP:CVCB3) Overvalued in 2026?

Based on GuruFocus' analysis, CVC Brasil Operadora e Agencia de Viagens stock appears to be undervalued. The current stock price of R$1.22 is trading 39% below its estimated GF Value™ of R$2.00. GuruFocus considers CVC Brasil Operadora e Agencia de Viagens to be Possible Value Trap.

Key valuation signals for BSP:CVCB3:

  • Return-on-Tangible-Asset: -9.65%
  • GF Value™: R$2.00 vs. price of R$1.22 (39% below fair value)
  • GF Score™: 52/100 with 3 warning signs

No single metric tells the full story. See the BSP:CVCB3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CVC Brasil Operadora e Agencia de Viagens Business Description

Address 227, Rua Da Catequese, 11 andar, sala 111, Santo Andre, Sao Paulo, SP, BRA, 09090-400
CVC Brasil Operadora e Agencia de Viagens SA is mainly engaged in advising and organizing tourist packages through intermediation between clients and service providers in areas such as accommodation, entertainment, land and air transport, cruises, and cultural and professional exchanges. The Company operates mainly in Brazil, which generates the maximum revenue, and also in Argentina.
52GF Score

Get the complete analysis for BSP:CVCB3

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$1.22
Price
R$2.00
GF Value