Even Construtora EorporadoraBSP:EVEN3 +5.91%72 Return-on-Tangible-Equity is 6.83% as of Mar. 2026, which is 74% above its 10-year median of 3.92. GuruFocus rates BSP:EVEN3 with a GF Score™ of 72/100 and a GF Value™ of R$15.85 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,714 Real Estate companies, Even Construtora Eorporadora ranks better than 75.2% 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. Even Construtora Eorporadora's annualized net income for the quarter that ended in Mar. 2026 was R$130 Mil. Even Construtora Eorporadora's average shareholder tangible equity for the quarter that ended in Mar. 2026 was R$1,904 Mil. Therefore, Even Construtora Eorporadora's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 6.83%.
The historical rank and industry rank for Even Construtora Eorporadora's Return-on-Tangible-Equity or its related term are showing as below:
BSP:EVEN3'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -17.74 Med: 3.92 Max: 12.97
Current: 11.3
During the past 13 years, Even Construtora Eorporadora's highest Return-on-Tangible-Equity was 12.97%. The lowest was -17.74%. And the median was 3.92%.
BSP:EVEN3's Return-on-Tangible-Equity is ranked better than 75.2% of 1714
companies
in the Real Estate industry
Industry Median: 4.325
vs BSP:EVEN3: 11.30
Even Construtora Eorporadora (BSP:EVEN3) Return-on-Tangible-Equity Explanation
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.
Even Construtora Eorporadora Return-on-Tangible-Equity Related Terms
Even Construtora Eorporadora Return-on-Tangible-Equity 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.
Even Construtora Eorporadora Return-on-Tangible-Equity Chart
Even Construtora Eorporadora Return-on-Tangible-Equity Competitor Comparison
For the Real Estate - Development subindustry, Even Construtora Eorporadora'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.
Even Construtora Eorporadora Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Even Construtora Eorporadora's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Even Construtora Eorporadora'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 6.83% mean?
Even Construtora Eorporadora (BSP:EVEN3) has a Return-on-Tangible-Equity of 6.83% 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 Even Construtora Eorporadora and its competitors. This is 74% above median its historical median of 3.92. According to the industry distribution chart, Even Construtora Eorporadora ranks #425 out of 1714 companies in the Real Estate industry, placing it in the top 24.8%.
Is Even Construtora Eorporadora's Return-on-Tangible-Equity too high?
Even Construtora Eorporadora's current Return-on-Tangible-Equity of 6.83% is 74% above median its 10-year median of 3.92. The Real Estate industry median Return-on-Tangible-Equity is 4.33. Even Construtora Eorporadora's value of 6.83% is 57.9% above this industry median. Based on the distribution chart, Even Construtora Eorporadora ranks #425 out of 1714 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Even Construtora Eorporadora has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Even Construtora Eorporadora's Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, Even Construtora Eorporadora ranks #425 out of 1714 companies for Return-on-Tangible-Equity. This places Even Construtora Eorporadora in the top 25% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.33. Even Construtora Eorporadora's value of 6.83% is 57.9% above this benchmark. While the company's 10-year median is 3.92 vs. the industry median of 4.33, Even Construtora Eorporadora 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-Equity for a Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.33, based on 1,714 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. Even Construtora Eorporadora's current Return-on-Tangible-Equity of 6.83% is 57.9% 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-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 Even Construtora Eorporadora and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Even Construtora Eorporadora's current Return-on-Tangible-Equity is 6.83%, which is 74% above median its own 10-year median of 3.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Even Construtora Eorporadora stock overvalued right now?
Based on GuruFocus' analysis, Even Construtora Eorporadora (BSP:EVEN3) is currently considered Possible Value Trap. The stock's GF Value™ is R$15.85, compared to a current price of R$5.73 — trading 63.8% below its estimated fair value. The current Return-on-Tangible-Equity is 6.83%, which is 74% above median its 10-year median of 3.92 and 57.9% above the Real Estate industry median of 4.33. Even Construtora Eorporadora's overall GF Score™ is 72/100 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 Even Construtora Eorporadora (BSP:EVEN3), the current Return-on-Tangible-Equity is 6.83% 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 Even Construtora Eorporadora (BSP:EVEN3) Overvalued in 2026?
Based on GuruFocus' analysis, Even Construtora Eorporadora stock appears to be undervalued.
The current stock price of R$5.73 is trading 63.8% below its estimated GF Value™ of R$15.85.
GuruFocus considers Even Construtora Eorporadora to be Possible Value Trap.
Key valuation signals for BSP:EVEN3:
Return-on-Tangible-Equity: 6.83% (74% above median its 10-year median of 3.92)
GF Value™: R$15.85 vs. price of R$5.73 (63.8% below fair value)
Industry Position: 57.9% above the Real Estate median (#425 of 1714)
No single metric tells the full story. See the BSP:EVEN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Even Construtora E Incorporadora SA engages in residential property development. The firm develops residential building projects and also offers commercial properties. It is involved in site prospecting, property development, brokerage and project construction activities. Geographically, the company mainly operates in following segments: States of Sao Paulo, Rio de Janeiro and the Rio Grande do Sul and Other Markets. The States of Sao Paulo segment accounts for the majority of the firm's revenue.
72GF Score
Get the complete analysis for BSP:EVEN3
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