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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. Investimentos Bemge's annualizedNet Income for the quarter that ended in Mar. 2026 was R$16.19 Mil. Investimentos Bemge's average total tangible assets for the quarter that ended in Mar. 2026 was R$194.36 Mil. Therefore, Investimentos Bemge's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 8.33%.
The historical rank and industry rank for Investimentos Bemge's Return-on-Tangible-Asset or its related term are showing as below:
BSP:FIGE3'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.48 Med: 5.56 Max: 8.6
Current: 8.6
During the past 13 years, Investimentos Bemge's highest Return-on-Tangible-Asset was 8.60%. The lowest was 1.48%. And the median was 5.56%.
BSP:FIGE3's Return-on-Tangible-Asset is not ranked
in the Asset Management industry.
Industry Median: 4.23
vs BSP:FIGE3: 8.60
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.
Investimentos Bemge Return-on-Tangible-Asset Related Terms
Investimentos Bemge Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Investimentos Bemge'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:FIGE3 vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Investimentos Bemge'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.
Investimentos Bemge Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Investimentos Bemge's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Investimentos Bemge'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 8.33% mean?
Investimentos Bemge (BSP:FIGE3) has a Return-on-Tangible-Asset of 8.33% 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 Investimentos Bemge and its competitors. This is 50% above median its historical median of 5.56. Over the past decade, Investimentos Bemge's Return-on-Tangible-Asset has ranged from 1.48 to 8.60.
Is Investimentos Bemge's Return-on-Tangible-Asset too high?
Investimentos Bemge's current Return-on-Tangible-Asset of 8.33% is 50% above median its 10-year median of 5.56. Over the past 10 years, this metric has ranged from a low of 1.48 to a high of 8.60. The Asset Management industry median Return-on-Tangible-Asset is 4.23. Investimentos Bemge's value of 8.33% is 96.9% above this industry median. Overall, Investimentos Bemge has a GF Score™ of 56/100, reflecting its overall financial health beyond just this single metric.
How does Investimentos Bemge's Return-on-Tangible-Asset compare to BLK and BX?
Investimentos Bemge's Return-on-Tangible-Asset of 8.33% can be compared against companies in the Asset Management industry. The industry median Return-on-Tangible-Asset is 4.23. Investimentos Bemge's value of 8.33% is 96.9% above this benchmark. Historically, Investimentos Bemge's own Return-on-Tangible-Asset has ranged from 1.48 to 8.60 over the past decade. While the company's 10-year median is 5.56 vs. the industry median of 4.23, Investimentos Bemge 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 Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.23, based on 1,637 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. Investimentos Bemge's current Return-on-Tangible-Asset of 8.33% is 96.9% 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 Investimentos Bemge and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Investimentos Bemge's current Return-on-Tangible-Asset is 8.33%, which is 50% above median its own 10-year median of 5.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Investimentos Bemge stock overvalued right now?
Investimentos Bemge (BSP:FIGE3) has a current Return-on-Tangible-Asset of 8.33%. The stock's GF Value™ is R$13.63, compared to a current price of R$33.00 — trading 142.1% above its estimated fair value. The current Return-on-Tangible-Asset is 8.33%, which is 50% above median its 10-year median of 5.56 and 96.9% above the Asset Management industry median of 4.23. Investimentos Bemge's overall GF Score™ is 56/100 with 4 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 Investimentos Bemge (BSP:FIGE3), the current Return-on-Tangible-Asset is 8.33% 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 Investimentos Bemge (BSP:FIGE3) Overvalued in 2026?
Based on GuruFocus' analysis, Investimentos Bemge stock appears to be overvalued.
The current stock price of R$33.00 is trading 142.1% above its estimated GF Value™ of R$13.63.
Key valuation signals for BSP:FIGE3:
Return-on-Tangible-Asset: 8.33% (50% above median its 10-year median of 5.56)
GF Value™: R$13.63 vs. price of R$33.00 (142.1% above fair value)
Industry Position: 96.9% above the Asset Management median
No single metric tells the full story. See the BSP:FIGE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Investimentos Bemge SA provides studies, analyses, and provides consultancy services on the company's operational policies and expansion projects. It also offers fund and investment management services.
56GF Score
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