Helbor EmpreendimentosBSP:HBOR3 +3.06%71 Return-on-Tangible-Equity is 0.53% as of Mar. 2026, which is 63% below its 10-year median of 1.45. GuruFocus rates BSP:HBOR3 with a GF Score™ of 71/100 and a GF Value™ of R$2.94 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,715 Real Estate companies, Helbor Empreendimentos ranks worse than 69.85% 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. Helbor Empreendimentos's annualized net income for the quarter that ended in Mar. 2026 was R$8 Mil. Helbor Empreendimentos's average shareholder tangible equity for the quarter that ended in Mar. 2026 was R$1,447 Mil. Therefore, Helbor Empreendimentos's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 0.53%.
The historical rank and industry rank for Helbor Empreendimentos's Return-on-Tangible-Equity or its related term are showing as below:
BSP:HBOR3'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -31.17 Med: 1.45 Max: 7.77
Current: 0.39
During the past 13 years, Helbor Empreendimentos's highest Return-on-Tangible-Equity was 7.77%. The lowest was -31.17%. And the median was 1.45%.
BSP:HBOR3's Return-on-Tangible-Equity is ranked worse than 69.85% of 1715
companies
in the Real Estate industry
Industry Median: 4.23
vs BSP:HBOR3: 0.39
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.
Helbor Empreendimentos Return-on-Tangible-Equity Related Terms
Helbor Empreendimentos Return-on-Tangible-Equity Historical Data
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The historical data trend for Helbor Empreendimentos'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:HBOR3 vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison
For the Real Estate Services subindustry, Helbor Empreendimentos'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.
Helbor Empreendimentos Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Helbor Empreendimentos's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Helbor Empreendimentos'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 0.53% mean?
Helbor Empreendimentos (BSP:HBOR3) has a Return-on-Tangible-Equity of 0.53% 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 Helbor Empreendimentos and its competitors. This is 63% below median its historical median of 1.45. According to the industry distribution chart, Helbor Empreendimentos ranks #1198 out of 1715 companies in the Real Estate industry, placing it in the top 69.9%.
Is Helbor Empreendimentos' Return-on-Tangible-Equity too high?
Helbor Empreendimentos' current Return-on-Tangible-Equity of 0.53% is 63% below median its 10-year median of 1.45. The Real Estate industry median Return-on-Tangible-Equity is 4.23. Helbor Empreendimentos' value of 0.53% is 87.5% below this industry median. Based on the distribution chart, Helbor Empreendimentos ranks #1198 out of 1715 companies in the Real Estate industry, which is below the industry midpoint. Overall, Helbor Empreendimentos has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Helbor Empreendimentos' Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Helbor Empreendimentos ranks #1198 out of 1715 companies for Return-on-Tangible-Equity. This places Helbor Empreendimentos in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.23. Helbor Empreendimentos' value of 0.53% is 87.5% below this benchmark. While the company's 10-year median is 1.45 vs. the industry median of 4.23, Helbor Empreendimentos has consistently been below 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 4.23, based on 1,715 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. Helbor Empreendimentos's current Return-on-Tangible-Equity of 0.53% is 87.5% below 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 Helbor Empreendimentos and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Helbor Empreendimentos's current Return-on-Tangible-Equity is 0.53%, which is 63% below median its own 10-year median of 1.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Helbor Empreendimentos stock overvalued right now?
Based on GuruFocus' analysis, Helbor Empreendimentos (BSP:HBOR3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$2.94, compared to a current price of R$2.36 — trading 19.7% below its estimated fair value. The current Return-on-Tangible-Equity is 0.53%, which is 63% below median its 10-year median of 1.45 and 87.5% below the Real Estate industry median of 4.23. Helbor Empreendimentos' overall GF Score™ is 71/100 with 6 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 Helbor Empreendimentos (BSP:HBOR3), the current Return-on-Tangible-Equity is 0.53% 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 Helbor Empreendimentos (BSP:HBOR3) Overvalued in 2026?
Based on GuruFocus' analysis, Helbor Empreendimentos stock appears to be undervalued.
The current stock price of R$2.36 is trading 19.7% below its estimated GF Value™ of R$2.94.
GuruFocus considers Helbor Empreendimentos to be Modestly Undervalued.
Key valuation signals for BSP:HBOR3:
Return-on-Tangible-Equity: 0.53% (63% below median its 10-year median of 1.45)
GF Value™: R$2.94 vs. price of R$2.36 (19.7% below fair value)
Industry Position: 87.5% below the Real Estate median (#1198 of 1715)
No single metric tells the full story. See the BSP:HBOR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Helbor Empreendimentos SA is a Brazil-based company which engages in incorporation of real estate projects, as well as the provision of venture management services and acquisition, administration, development, lease and management of corporate buildings, shopping malls, parking lots, strip malls, industrial warehouses and hotel. . The firm also provides real estate development management services. Its portfolio includes residential, industrial, and commercial properties. Its revenue sources include revenue from sales of properties and management fee.
71GF Score
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