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.
Arandu InvestimentosBSP:ARND3 31 Return-on-Tangible-Equity is 58.31% as of Mar. 2026. GuruFocus rates BSP:ARND3 with a GF Score™ of 31/100 and a GF Value™ of R$2.10 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,589 Asset Management companies, Arandu Investimentos ranks worse than 98.74% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Arandu Investimentos's annualized net income for the quarter that ended in Mar. 2026 was R$70.42 Mil. Arandu Investimentos's average shareholder tangible equity for the quarter that ended in Mar. 2026 was R$120.77 Mil. Therefore, Arandu Investimentos's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 58.31%.
The historical rank and industry rank for Arandu Investimentos's Return-on-Tangible-Equity or its related term are showing as below:
BSP:ARND3'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -318.99 Med: -5.75 Max: 12.07
Current: -318.99
During the past 8 years, Arandu Investimentos's highest Return-on-Tangible-Equity was 12.07%. The lowest was -318.99%. And the median was -5.75%.
BSP:ARND3's Return-on-Tangible-Equity is ranked worse than 98.74% of 1589
companies
in the Asset Management industry
Industry Median: 7.21
vs BSP:ARND3: -318.99
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Arandu Investimentos Return-on-Tangible-Equity Related Terms
Arandu Investimentos Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Arandu Investimentos's Return-on-Tangible-Equity 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:ARND3 vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison
For the Asset Management subindustry, Arandu Investimentos's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Arandu Investimentos Return-on-Tangible-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Arandu Investimentos's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Arandu Investimentos's Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 58.31% mean?
Arandu Investimentos (BSP:ARND3) has a Return-on-Tangible-Equity of 58.31% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Arandu Investimentos and its competitors. According to the industry distribution chart, Arandu Investimentos ranks #1569 out of 1589 companies in the Asset Management industry, placing it in the top 98.7%.
Is Arandu Investimentos' Return-on-Tangible-Equity too high?
Arandu Investimentos' current Return-on-Tangible-Equity is 58.31%. The Asset Management industry median Return-on-Tangible-Equity is 7.21. Arandu Investimentos' value of 58.31% is 708.7% above this industry median. Based on the distribution chart, Arandu Investimentos ranks #1569 out of 1589 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Arandu Investimentos has a GF Score™ of 31/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Arandu Investimentos' Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Arandu Investimentos ranks #1569 out of 1589 companies for Return-on-Tangible-Equity. This places Arandu Investimentos in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.21. Arandu Investimentos' value of 58.31% is 708.7% above this benchmark. 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-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.21, based on 1,589 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Arandu Investimentos's current Return-on-Tangible-Equity of 58.31% is 708.7% 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Arandu Investimentos and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arandu Investimentos's current Return-on-Tangible-Equity is 58.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arandu Investimentos stock overvalued right now?
Based on GuruFocus' analysis, Arandu Investimentos (BSP:ARND3) is currently considered Possible Value Trap. The stock's GF Value™ is R$2.10, compared to a current price of R$0.63 — trading 70% below its estimated fair value. The current Return-on-Tangible-Equity is 58.31% and 708.7% above the Asset Management industry median of 7.21. Arandu Investimentos' overall GF Score™ is 31/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Arandu Investimentos (BSP:ARND3), the current Return-on-Tangible-Equity is 58.31% 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 Arandu Investimentos (BSP:ARND3) Overvalued in 2026?
Based on GuruFocus' analysis, Arandu Investimentos stock appears to be undervalued.
The current stock price of R$0.63 is trading 70% below its estimated GF Value™ of R$2.10.
GuruFocus considers Arandu Investimentos to be Possible Value Trap.
Key valuation signals for BSP:ARND3:
Return-on-Tangible-Equity: 58.31%
GF Value™: R$2.10 vs. price of R$0.63 (70% below fair value)
Industry Position: 708.7% above the Asset Management median (#1569 of 1589)
No single metric tells the full story. See the BSP:ARND3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arandu Investimentos SA, formerly known as REAG Investimentos SA, is an independent business platform that develops customized financial solutions. The company has a wide portfolio of financial products and services allows customer segments to consider different objectives and risk profiles. The financial solutions of the company are structured and interconnected by Business Areas and supported by management, resource management, securitization, and fiduciary services.
31GF Score
Get the complete analysis for BSP:ARND3
Return-on-Tangible-Equity 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:ARND3 has been successfully added to your 
