General Shopping e Outlets do Brasil (BSP:GSHP3) Return-on-Tangible-Asset: -112.49% (As of Mar. 2026)

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BSP:GSHP3 General Shopping e Outlets do Brasil SA BSP:GSHP3
48 GF Score
Price R$3.70
GF Value R$8.61
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is General Shopping e Outlets do Brasil Return-on-Tangible-Asset?

General Shopping e Outlets do Brasil BSP:GSHP3 48 Return-on-Tangible-Asset is -112.49% as of Mar. 2026. GuruFocus rates BSP:GSHP3 with a GF Score™ of 48/100 and a GF Value™ of R$8.61 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,800 Real Estate companies, General Shopping e Outlets do Brasil ranks worse than 97.5% 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. General Shopping e Outlets do Brasil's annualized Net Income for the quarter that ended in Mar. 2026 was R$-1,131.4 Mil. General Shopping e Outlets do Brasil's average total tangible assets for the quarter that ended in Mar. 2026 was R$1,005.7 Mil. Therefore, General Shopping e Outlets do Brasil's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -112.49%.

The historical rank and industry rank for General Shopping e Outlets do Brasil's Return-on-Tangible-Asset or its related term are showing as below:

BSP:GSHP3' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -60.62   Med: -3.47   Max: 7.37
Current: -35.65

During the past 13 years, General Shopping e Outlets do Brasil's highest Return-on-Tangible-Asset was 7.37%. The lowest was -60.62%. And the median was -3.47%.

BSP:GSHP3's Return-on-Tangible-Asset is ranked worse than
97.5% of 1800 companies
in the Real Estate industry
Industry Median: 1.755 vs BSP:GSHP3: -35.65

General Shopping e Outlets do Brasil  (BSP:GSHP3) 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.


General Shopping e Outlets do Brasil Return-on-Tangible-Asset Related Terms


General Shopping e Outlets do Brasil Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for General Shopping e Outlets do Brasil'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.

General Shopping e Outlets do Brasil Return-on-Tangible-Asset Chart

General Shopping e Outlets do Brasil 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 -15.13 -5.45 6.26 -60.62 2.01

General Shopping e Outlets do Brasil 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 42.40 24.87 7.41 -72.94 -112.49

General Shopping e Outlets do Brasil Return-on-Tangible-Asset Competitor Comparison

For the Real Estate - Diversified subindustry, General Shopping e Outlets do Brasil'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.


General Shopping e Outlets do Brasil Return-on-Tangible-Asset vs Real Estate Industry

For the Real Estate industry and Real Estate sector, General Shopping e Outlets do Brasil's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where General Shopping e Outlets do Brasil's Return-on-Tangible-Asset falls into.


BSP:GSHP3
48GF Score
General Shopping e Outlets do Brasil SA BSP:GSHP3
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

General Shopping e Outlets do Brasil Return-on-Tangible-Asset Calculation

General Shopping e Outlets do Brasil'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 )
=22.17/( (1187.461+1023.227)/ 2 )
=22.17/1105.344
=2.01 %

General Shopping e Outlets do Brasil'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 )
=-1131.36/( (1023.227+988.238)/ 2 )
=-1131.36/1005.7325
=-112.49 %

* 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 -112.49% mean?
General Shopping e Outlets do Brasil (BSP:GSHP3) has a Return-on-Tangible-Asset of -112.49% 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 General Shopping e Outlets do Brasil and its competitors. According to the industry distribution chart, General Shopping e Outlets do Brasil ranks #1755 out of 1800 companies in the Real Estate industry, placing it in the top 97.5%.
Is General Shopping e Outlets do Brasil's Return-on-Tangible-Asset too high?
General Shopping e Outlets do Brasil's current Return-on-Tangible-Asset is -112.49%. Based on the distribution chart, General Shopping e Outlets do Brasil ranks #1755 out of 1800 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, General Shopping e Outlets do Brasil has a GF Score™ of 48/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does General Shopping e Outlets do Brasil's Return-on-Tangible-Asset compare to competitors?
According to the Real Estate industry distribution chart, General Shopping e Outlets do Brasil ranks #1755 out of 1800 companies for Return-on-Tangible-Asset. This places General Shopping e Outlets do Brasil in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.76. 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 Real Estate company?
The median Return-on-Tangible-Asset among Real Estate companies is 1.76, based on 1,800 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 General Shopping e Outlets do Brasil and its competitors. For the Real Estate industry, the median Return-on-Tangible-Asset is 1.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General Shopping e Outlets do Brasil's current Return-on-Tangible-Asset is -112.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General Shopping e Outlets do Brasil stock overvalued right now?
Based on GuruFocus' analysis, General Shopping e Outlets do Brasil (BSP:GSHP3) is currently considered Possible Value Trap. The stock's GF Value™ is R$8.61, compared to a current price of R$3.70 — trading 57% below its estimated fair value. The current Return-on-Tangible-Asset is -112.49%. General Shopping e Outlets do Brasil's overall GF Score™ is 48/100 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 General Shopping e Outlets do Brasil (BSP:GSHP3), the current Return-on-Tangible-Asset is -112.49% 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 General Shopping e Outlets do Brasil (BSP:GSHP3) Overvalued in 2026?

Based on GuruFocus' analysis, General Shopping e Outlets do Brasil stock appears to be undervalued. The current stock price of R$3.70 is trading 57% below its estimated GF Value™ of R$8.61. GuruFocus considers General Shopping e Outlets do Brasil to be Possible Value Trap.

Key valuation signals for BSP:GSHP3:

  • Return-on-Tangible-Asset: -112.49%
  • GF Value™: R$8.61 vs. price of R$3.70 (57% below fair value)
  • GF Score™: 48/100 with 3 warning signs

No single metric tells the full story. See the BSP:GSHP3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


General Shopping e Outlets do Brasil Business Description

Address Avenida Angelica 2466, Suite 241, 24th Floor, Sao Paulo, SP, BRA
General Shopping e Outlets do Brasil SA is engaged in the planning and management of shopping centers, leasing commercial stores, leasing advertising and promotional space, managing shopping center and parking lots, and planning and leasing of electrical and water supply equipment at the developments. It operates through two segments. The Rent segment refers to the lease of space to tenants and other commercial spaces such as sales stand for publicity and promotion, exploitation of parking lots, and fees concerning the transfer of rights to use property spaces. The Services segment relates to the management of energy and power supply of shopping malls as well as the exploitation of parking lots. The company makes the majority of its revenue from the Services segment.
48GF Score

Get the complete analysis for BSP:GSHP3

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

R$3.70
Price
R$8.61
GF Value