The historical rank and industry rank for CIA de Ferro Ligas da Bahia - Ferbasa's Return-on-Tangible-Asset or its related term are showing as below:
BSP:FESA4'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.51 Med: 8.81 Max: 28.5
Current: 3.73
During the past 13 years, CIA de Ferro Ligas da Bahia - Ferbasa's highest Return-on-Tangible-Asset was 28.50%. The lowest was 2.51%. And the median was 8.81%.
BSP:FESA4's Return-on-Tangible-Asset is ranked better than 66.82% of 633
companies
in the Steel industry
Industry Median: 1.97
vs BSP:FESA4: 3.73
CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA4) 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.
CIA de Ferro Ligas da Bahia - Ferbasa Return-on-Tangible-Asset Related Terms
CIA de Ferro Ligas da Bahia - Ferbasa 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.
CIA de Ferro Ligas da Bahia - Ferbasa Return-on-Tangible-Asset Chart
BSP:FESA4 vs NUE, STLD, RS: Return-on-Tangible-Asset Comparison
For the Steel subindustry, CIA de Ferro Ligas da Bahia - Ferbasa'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.
CIA de Ferro Ligas da Bahia - Ferbasa Return-on-Tangible-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, CIA de Ferro Ligas da Bahia - Ferbasa's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where CIA de Ferro Ligas da Bahia - Ferbasa'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 -0.23% mean?
CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA4) has a Return-on-Tangible-Asset of -0.23% 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 CIA de Ferro Ligas da Bahia - Ferbasa and its competitors. Over the past decade, CIA de Ferro Ligas da Bahia - Ferbasa's Return-on-Tangible-Asset has ranged from 2.51 to 28.50. According to the industry distribution chart, CIA de Ferro Ligas da Bahia - Ferbasa ranks #210 out of 633 companies in the Steel industry, placing it in the top 33.2%.
Is CIA de Ferro Ligas da Bahia - Ferbasa's Return-on-Tangible-Asset too high?
CIA de Ferro Ligas da Bahia - Ferbasa's current Return-on-Tangible-Asset is -0.23%. Over the past 10 years, this metric has ranged from a low of 2.51 to a high of 28.50. Based on the distribution chart, CIA de Ferro Ligas da Bahia - Ferbasa ranks #210 out of 633 companies in the Steel industry, which is above the industry midpoint. Overall, CIA de Ferro Ligas da Bahia - Ferbasa has a GF Score™ of 67/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CIA de Ferro Ligas da Bahia - Ferbasa's Return-on-Tangible-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, CIA de Ferro Ligas da Bahia - Ferbasa ranks #210 out of 633 companies for Return-on-Tangible-Asset. This puts CIA de Ferro Ligas da Bahia - Ferbasa in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.97. Historically, CIA de Ferro Ligas da Bahia - Ferbasa's own Return-on-Tangible-Asset has ranged from 2.51 to 28.50 over the past decade. 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 Steel company?
The median Return-on-Tangible-Asset among Steel companies is 1.97, based on 633 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 CIA de Ferro Ligas da Bahia - Ferbasa and its competitors. For the Steel industry, the median Return-on-Tangible-Asset is 1.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CIA de Ferro Ligas da Bahia - Ferbasa's current Return-on-Tangible-Asset is -0.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIA de Ferro Ligas da Bahia - Ferbasa stock overvalued right now?
Based on GuruFocus' analysis, CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA4) is currently considered Significantly Undervalued. The stock's GF Value™ is R$8.49, compared to a current price of R$5.89 — trading 30.6% below its estimated fair value. The current Return-on-Tangible-Asset is -0.23%. CIA de Ferro Ligas da Bahia - Ferbasa's overall GF Score™ is 67/100 with 8 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 CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA4), the current Return-on-Tangible-Asset is -0.23% 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 CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA4) Overvalued in 2026?
Based on GuruFocus' analysis, CIA de Ferro Ligas da Bahia - Ferbasa stock appears to be undervalued.
The current stock price of R$5.89 is trading 30.6% below its estimated GF Value™ of R$8.49.
GuruFocus considers CIA de Ferro Ligas da Bahia - Ferbasa to be Significantly Undervalued.
Key valuation signals for BSP:FESA4:
Return-on-Tangible-Asset: -0.23%
GF Value™: R$8.49 vs. price of R$5.89 (30.6% below fair value)
No single metric tells the full story. See the BSP:FESA4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CIA de Ferro Ligas da Bahia - Ferbasa Business Description
CIA de Ferro Ligas da Bahia - Ferbasa produces ferroalloys, including chromium alloys and silicon ferroalloys. It operates in the areas of mining, reforestation, and metallurgy, offering high-carbon ferrochrome, low-carbon ferrochrome, and ferrosilicon. It also engages in the mining, forestry, metallurgy businesses.
67GF Score
Get the complete analysis for BSP:FESA4
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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