Jalles Machado (BSP:JALL3) Return-on-Tangible-Equity: -10.17% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BSP:JALL3 Jalles Machado SA BSP:JALL3
70 GF Score
Price R$2.15
GF Value R$5.83
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Jalles Machado Return-on-Tangible-Equity?

Jalles Machado BSP:JALL3 +5.39% 70 Return-on-Tangible-Equity is -10.17% as of Mar. 2026. GuruFocus rates BSP:JALL3 with a GF Score™ of 70/100 and a GF Value™ of R$5.83 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 1,879 Consumer Packaged Goods companies, Jalles Machado ranks worse than 75.68% 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. Jalles Machado's annualized net income for the quarter that ended in Mar. 2026 was R$-203 Mil. Jalles Machado's average shareholder tangible equity for the quarter that ended in Mar. 2026 was R$2,001 Mil. Therefore, Jalles Machado's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -10.17%.

The historical rank and industry rank for Jalles Machado's Return-on-Tangible-Equity or its related term are showing as below:

BSP:JALL3' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.77   Med: 13.81   Max: 41.92
Current: 0.48

During the past 9 years, Jalles Machado's highest Return-on-Tangible-Equity was 41.92%. The lowest was -2.77%. And the median was 13.81%.

BSP:JALL3's Return-on-Tangible-Equity is ranked worse than
75.68% of 1879 companies
in the Consumer Packaged Goods industry
Industry Median: 7.78 vs BSP:JALL3: 0.48

Jalles Machado  (BSP:JALL3) 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.


Jalles Machado Return-on-Tangible-Equity Related Terms


Jalles Machado Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Jalles Machado'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.

Jalles Machado Return-on-Tangible-Equity Chart

Jalles Machado Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 30.94 41.92 4.27 -2.77 0.48

Jalles Machado 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-Equity 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 -2.79 -2.83 3.84 11.06 -10.17

BSP:JALL3 vs MDLZ, HSY, TR: Return-on-Tangible-Equity Comparison

For the Confectioners subindustry, Jalles Machado'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.


Jalles Machado Return-on-Tangible-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jalles Machado's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Jalles Machado's Return-on-Tangible-Equity falls into.


BSP:JALL3
70GF Score
Jalles Machado SA BSP:JALL3
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jalles Machado Return-on-Tangible-Equity Calculation

Jalles Machado's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=9.496/( (1982.43+1973.862 )/ 2 )
=9.496/1978.146
=0.48 %

Jalles Machado's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-203.492/( (2029.023+1973.862)/ 2 )
=-203.492/2001.4425
=-10.17 %

* 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 -10.17% mean?
Jalles Machado (BSP:JALL3) has a Return-on-Tangible-Equity of -10.17% 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 Jalles Machado and its competitors. According to the industry distribution chart, Jalles Machado ranks #1422 out of 1879 companies in the Consumer Packaged Goods industry, placing it in the top 75.7%.
Is Jalles Machado's Return-on-Tangible-Equity too high?
Jalles Machado's current Return-on-Tangible-Equity is -10.17%. Based on the distribution chart, Jalles Machado ranks #1422 out of 1879 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Jalles Machado has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jalles Machado's Return-on-Tangible-Equity compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Jalles Machado ranks #1422 out of 1879 companies for Return-on-Tangible-Equity. This places Jalles Machado in the lower half of its industry. The industry median Return-on-Tangible-Equity is 7.78. 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.78, based on 1,879 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 Jalles Machado and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jalles Machado's current Return-on-Tangible-Equity is -10.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jalles Machado stock overvalued right now?
Based on GuruFocus' analysis, Jalles Machado (BSP:JALL3) is currently considered Possible Value Trap. The stock's GF Value™ is R$5.83, compared to a current price of R$2.15 — trading 63.1% below its estimated fair value. The current Return-on-Tangible-Equity is -10.17%. Jalles Machado's overall GF Score™ is 70/100 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 Jalles Machado (BSP:JALL3), the current Return-on-Tangible-Equity is -10.17% 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 Jalles Machado (BSP:JALL3) Overvalued in 2026?

Based on GuruFocus' analysis, Jalles Machado stock appears to be undervalued. The current stock price of R$2.15 is trading 63.1% below its estimated GF Value™ of R$5.83. GuruFocus considers Jalles Machado to be Possible Value Trap.

Key valuation signals for BSP:JALL3:

  • Return-on-Tangible-Equity: -10.17%
  • GF Value™: R$5.83 vs. price of R$2.15 (63.1% below fair value)
  • GF Score™: 70/100 with 8 warning signs

No single metric tells the full story. See the BSP:JALL3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jalles Machado Business Description

Address Highway GO-080 Km 75.1, PO Box 04, Sao Pedro Farm, Rural Zone, Goianesia, GO, BRA, 76388-899
Jalles Machado SA is engaged in the in the production of sugar and ethanol, cogeneration of electricity and production of cleaning products, yeast and latex.
70GF Score

Get the complete analysis for BSP:JALL3

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

R$2.15
Price
R$5.83
GF Value