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.
KlabinBSP:KLBN4 +0.29%67 Return-on-Tangible-Equity is -26.63% as of Mar. 2026. GuruFocus rates BSP:KLBN4 with a GF Score™ of 67/100 and a GF Value™ of R$4.18 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 280 Forest Products companies, Klabin ranks better than 67.14% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Klabin's annualized net income for the quarter that ended in Mar. 2026 was R$-2,120 Mil. Klabin's average shareholder tangible equity for the quarter that ended in Mar. 2026 was R$7,961 Mil. Therefore, Klabin's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -26.63%.
The historical rank and industry rank for Klabin's Return-on-Tangible-Equity or its related term are showing as below:
BSP:KLBN4'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -51.28 Med: 20.8 Max: 64.72
Current: 5.41
During the past 13 years, Klabin's highest Return-on-Tangible-Equity was 64.72%. The lowest was -51.28%. And the median was 20.80%.
BSP:KLBN4's Return-on-Tangible-Equity is ranked better than 67.14% of 280
companies
in the Forest Products industry
Industry Median: 2.2
vs BSP:KLBN4: 5.41
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.
Klabin Return-on-Tangible-Equity Related Terms
Klabin Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Klabin'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:KLBN4 vs SLVM: Return-on-Tangible-Equity Comparison
For the Paper & Paper Products subindustry, Klabin'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.
Klabin Return-on-Tangible-Equity vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, Klabin's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Klabin'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 -26.63% mean?
Klabin (BSP:KLBN4) has a Return-on-Tangible-Equity of -26.63% 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 Klabin and its competitors. According to the industry distribution chart, Klabin ranks #92 out of 280 companies in the Forest Products industry, placing it in the top 32.9%.
Is Klabin's Return-on-Tangible-Equity too high?
Klabin's current Return-on-Tangible-Equity is -26.63%. Based on the distribution chart, Klabin ranks #92 out of 280 companies in the Forest Products industry, which is above the industry midpoint. Overall, Klabin has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Klabin's Return-on-Tangible-Equity compare to SLVM?
According to the Forest Products industry distribution chart, Klabin ranks #92 out of 280 companies for Return-on-Tangible-Equity. This puts Klabin in the upper half of its industry. The industry median Return-on-Tangible-Equity is 2.20. 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 Forest Products company?
The median Return-on-Tangible-Equity among Forest Products companies is 2.20, based on 280 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 Klabin and its competitors. For the Forest Products industry, the median Return-on-Tangible-Equity is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Klabin's current Return-on-Tangible-Equity is -26.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Klabin stock overvalued right now?
Based on GuruFocus' analysis, Klabin (BSP:KLBN4) is currently considered Modestly Undervalued. The stock's GF Value™ is R$4.18, compared to a current price of R$3.51 — trading 16% below its estimated fair value. The current Return-on-Tangible-Equity is -26.63%. Klabin's overall GF Score™ is 67/100 with 10 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 Klabin (BSP:KLBN4), the current Return-on-Tangible-Equity is -26.63% 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 Klabin (BSP:KLBN4) Overvalued in 2026?
Based on GuruFocus' analysis, Klabin stock appears to be undervalued.
The current stock price of R$3.51 is trading 16% below its estimated GF Value™ of R$4.18.
GuruFocus considers Klabin to be Modestly Undervalued.
Key valuation signals for BSP:KLBN4:
Return-on-Tangible-Equity: -26.63%
GF Value™: R$4.18 vs. price of R$3.51 (16% below fair value)
No single metric tells the full story. See the BSP:KLBN4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Klabin SA operates in various segments of the pulp and paper industry, supplying domestic and foreign markets with wood, bleached pulp, packaging paper, paper sacks, and corrugated cardboard boxes. The firm organizes itself into four segments based on product type: Forestry, Paper, Packaging, and Pulp. The Forestry segment involves operations related to planting and growing pine and eucalyptus trees and selling timber to third parties. The Paper segment mainly involves the production of cardboard, Kraftliner, and recycled paper rolls, and their sale. The Packaging segment, which derives maximum revenue, involves the production and sale of corrugated cardboard boxes, cardboard, and industrial bags. The Pulp segment includes the production and sale of short, long, and fluff fiber pulp.
67GF Score
Get the complete analysis for BSP:KLBN4
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:KLBN4 has been successfully added to your 
