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.
Caixa Seguridade ParticipacoesBSP:CXSE3 -2.59%90 Return-on-Tangible-Asset is 30.99% as of Mar. 2026, which is 15% above its 10-year median of 26.87. GuruFocus rates BSP:CXSE3 with a GF Score™ of 90/100 and a GF Value™ of R$17.01 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 509 Insurance companies, Caixa Seguridade Participacoes ranks better than 98.62% on this metric.
The historical rank and industry rank for Caixa Seguridade Participacoes's Return-on-Tangible-Asset or its related term are showing as below:
BSP:CXSE3'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 18.86 Med: 26.87 Max: 32.25
Current: 30.08
During the past 9 years, Caixa Seguridade Participacoes's highest Return-on-Tangible-Asset was 32.25%. The lowest was 18.86%. And the median was 26.87%.
BSP:CXSE3's Return-on-Tangible-Asset is ranked better than 98.62% of 509
companies
in the Insurance industry
Industry Median: 2.76
vs BSP:CXSE3: 30.08
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.
Caixa Seguridade Participacoes Return-on-Tangible-Asset Related Terms
Caixa Seguridade Participacoes 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.
BSP:CXSE3 vs BRK.A, AIG, HIG: Return-on-Tangible-Asset Comparison
For the Insurance - Diversified subindustry, Caixa Seguridade 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.
Caixa Seguridade Participacoes Return-on-Tangible-Asset vs Insurance Industry
For the Insurance industry and Financial Services sector, Caixa Seguridade Participacoes's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Caixa Seguridade 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 30.99% mean?
Caixa Seguridade Participacoes (BSP:CXSE3) has a Return-on-Tangible-Asset of 30.99% 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 Caixa Seguridade Participacoes and its competitors. This is 15% above median its historical median of 26.87. Over the past decade, Caixa Seguridade Participacoes' Return-on-Tangible-Asset has ranged from 18.86 to 32.25. According to the industry distribution chart, Caixa Seguridade Participacoes ranks #7 out of 509 companies in the Insurance industry, placing it in the top 1.4%.
Is Caixa Seguridade Participacoes' Return-on-Tangible-Asset too high?
Caixa Seguridade Participacoes' current Return-on-Tangible-Asset of 30.99% is 15% above median its 10-year median of 26.87. Over the past 10 years, this metric has ranged from a low of 18.86 to a high of 32.25. The Insurance industry median Return-on-Tangible-Asset is 2.76. Caixa Seguridade Participacoes' value of 30.99% is 1022.8% above this industry median. Based on the distribution chart, Caixa Seguridade Participacoes ranks #7 out of 509 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Caixa Seguridade Participacoes has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Caixa Seguridade Participacoes' Return-on-Tangible-Asset compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Caixa Seguridade Participacoes ranks #7 out of 509 companies for Return-on-Tangible-Asset. This places Caixa Seguridade Participacoes in the top 1% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.76. Caixa Seguridade Participacoes' value of 30.99% is 1022.8% above this benchmark. Historically, Caixa Seguridade Participacoes' own Return-on-Tangible-Asset has ranged from 18.86 to 32.25 over the past decade. While the company's 10-year median is 26.87 vs. the industry median of 2.76, Caixa Seguridade Participacoes has consistently been above 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 an Insurance company?
The median Return-on-Tangible-Asset among Insurance companies is 2.76, based on 509 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. Caixa Seguridade Participacoes's current Return-on-Tangible-Asset of 30.99% is 1022.8% above 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 Caixa Seguridade Participacoes and its competitors. For the Insurance industry, the median Return-on-Tangible-Asset is 2.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caixa Seguridade Participacoes's current Return-on-Tangible-Asset is 30.99%, which is 15% above median its own 10-year median of 26.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caixa Seguridade Participacoes stock overvalued right now?
Based on GuruFocus' analysis, Caixa Seguridade Participacoes (BSP:CXSE3) is currently considered Modestly Overvalued. The stock's GF Value™ is R$17.01, compared to a current price of R$20.72 — trading 21.8% above its estimated fair value. The current Return-on-Tangible-Asset is 30.99%, which is 15% above median its 10-year median of 26.87 and 1022.8% above the Insurance industry median of 2.76. Caixa Seguridade Participacoes' overall GF Score™ is 90/100 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 Caixa Seguridade Participacoes (BSP:CXSE3), the current Return-on-Tangible-Asset is 30.99% 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 Caixa Seguridade Participacoes (BSP:CXSE3) Overvalued in 2026?
Based on GuruFocus' analysis, Caixa Seguridade Participacoes stock appears to be overvalued.
The current stock price of R$20.72 is trading 21.8% above its estimated GF Value™ of R$17.01.
GuruFocus considers Caixa Seguridade Participacoes to be Modestly Overvalued.
Key valuation signals for BSP:CXSE3:
Return-on-Tangible-Asset: 30.99% (15% above median its 10-year median of 26.87)
GF Value™: R$17.01 vs. price of R$20.72 (21.8% above fair value)
Industry Position: 1022.8% above the Insurance median (#7 of 509)
No single metric tells the full story. See the BSP:CXSE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Caixa Seguridade Participacoes Business Description
Caixa Seguridade Participacoes SA is engaged in the structuring and marketing of a broad range of insurance products, private pension plans, and premium bonds, management, marketing, and offering of private medical and dental care plans, and rendering of brokerage services for these products. It has three operating segments; Run-off / Open sea (insurance businesses), Security (investment in security businesses established as a result of the competitive process of choosing strategic partners to operate the CAIXA distribution network) and Distribution (businesses related to the management of access to the distribution network and use of the CAIXA brand and the brokerage and intermediation of security products). Maximum revenue is generated from the Security segment.
90GF Score
Get the complete analysis for BSP:CXSE3
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:CXSE3 has been successfully added to your 
