The historical rank and industry rank for CIA de Ferro Ligas da Bahia - Ferbasa's Return-on-Tangible-Equity or its related term are showing as below:
BSP:FESA3'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 3.89 Med: 12.4 Max: 39.35
Current: 4.86
During the past 13 years, CIA de Ferro Ligas da Bahia - Ferbasa's highest Return-on-Tangible-Equity was 39.35%. The lowest was 3.89%. And the median was 12.40%.
BSP:FESA3's Return-on-Tangible-Equity is ranked better than 55.84% of 616
companies
in the Steel industry
Industry Median: 3.93
vs BSP:FESA3: 4.86
CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA3) 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.
CIA de Ferro Ligas da Bahia - Ferbasa Return-on-Tangible-Equity Related Terms
CIA de Ferro Ligas da Bahia - Ferbasa 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.
CIA de Ferro Ligas da Bahia - Ferbasa Return-on-Tangible-Equity Chart
BSP:FESA3 vs NUE, STLD, RS: Return-on-Tangible-Equity Comparison
For the Steel subindustry, CIA de Ferro Ligas da Bahia - Ferbasa'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.
CIA de Ferro Ligas da Bahia - Ferbasa Return-on-Tangible-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, CIA de Ferro Ligas da Bahia - Ferbasa's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where CIA de Ferro Ligas da Bahia - Ferbasa'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 -0.31% mean?
CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA3) has a Return-on-Tangible-Equity of -0.31% 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 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-Equity has ranged from 3.89 to 39.35. According to the industry distribution chart, CIA de Ferro Ligas da Bahia - Ferbasa ranks #272 out of 616 companies in the Steel industry, placing it in the top 44.2%.
Is CIA de Ferro Ligas da Bahia - Ferbasa's Return-on-Tangible-Equity too high?
CIA de Ferro Ligas da Bahia - Ferbasa's current Return-on-Tangible-Equity is -0.31%. Over the past 10 years, this metric has ranged from a low of 3.89 to a high of 39.35. Based on the distribution chart, CIA de Ferro Ligas da Bahia - Ferbasa ranks #272 out of 616 companies in the Steel industry, which is above the industry midpoint. Overall, CIA de Ferro Ligas da Bahia - Ferbasa has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CIA de Ferro Ligas da Bahia - Ferbasa's Return-on-Tangible-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, CIA de Ferro Ligas da Bahia - Ferbasa ranks #272 out of 616 companies for Return-on-Tangible-Equity. This puts CIA de Ferro Ligas da Bahia - Ferbasa in the upper half of its industry. The industry median Return-on-Tangible-Equity is 3.93. Historically, CIA de Ferro Ligas da Bahia - Ferbasa's own Return-on-Tangible-Equity has ranged from 3.89 to 39.35 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-Equity for a Steel company?
The median Return-on-Tangible-Equity among Steel companies is 3.93, based on 616 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. 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 CIA de Ferro Ligas da Bahia - Ferbasa and its competitors. For the Steel industry, the median Return-on-Tangible-Equity is 3.93 — 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-Equity is -0.31%. 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:FESA3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$12.96, compared to a current price of R$10.65 — trading 17.8% below its estimated fair value. The current Return-on-Tangible-Equity is -0.31%. CIA de Ferro Ligas da Bahia - Ferbasa's overall GF Score™ is 68/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA3), the current Return-on-Tangible-Equity is -0.31% 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 CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA3) 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$10.65 is trading 17.8% below its estimated GF Value™ of R$12.96.
GuruFocus considers CIA de Ferro Ligas da Bahia - Ferbasa to be Modestly Undervalued.
Key valuation signals for BSP:FESA3:
Return-on-Tangible-Equity: -0.31%
GF Value™: R$12.96 vs. price of R$10.65 (17.8% below fair value)
No single metric tells the full story. See the BSP:FESA3 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.
68GF Score
Get the complete analysis for BSP:FESA3
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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