Plano & Plano Desenvolvimento Imobiliario (BSP:PLPL3) Return-on-Tangible-Equity: 16.00% (As of Mar. 2026) — 70% Below Median


BSP:PLPL3 Plano & Plano Desenvolvimento Imobiliario SA BSP:PLPL3
83 GF Score
Price R$8.55
GF Value R$18.87
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Plano & Plano Desenvolvimento Imobiliario Return-on-Tangible-Equity?

Plano & Plano Desenvolvimento Imobiliario BSP:PLPL3 +0.12% 83 Return-on-Tangible-Equity is 16.00% as of Mar. 2026, which is 70% below its 10-year median of 52.97. GuruFocus rates BSP:PLPL3 with a GF Score™ of 83/100 and a GF Value™ of R$18.87 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,718 Real Estate companies, Plano & Plano Desenvolvimento Imobiliario ranks better than 94.41% 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. Plano & Plano Desenvolvimento Imobiliario's annualized net income for the quarter that ended in Mar. 2026 was R$163 Mil. Plano & Plano Desenvolvimento Imobiliario's average shareholder tangible equity for the quarter that ended in Mar. 2026 was R$1,020 Mil. Therefore, Plano & Plano Desenvolvimento Imobiliario's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 16.00%.

The historical rank and industry rank for Plano & Plano Desenvolvimento Imobiliario's Return-on-Tangible-Equity or its related term are showing as below:

BSP:PLPL3' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 35.82   Med: 52.97   Max: 227.9
Current: 35.82

During the past 10 years, Plano & Plano Desenvolvimento Imobiliario's highest Return-on-Tangible-Equity was 227.90%. The lowest was 35.82%. And the median was 52.97%.

BSP:PLPL3's Return-on-Tangible-Equity is ranked better than
94.41% of 1718 companies
in the Real Estate industry
Industry Median: 4.195 vs BSP:PLPL3: 35.82

Plano & Plano Desenvolvimento Imobiliario  (BSP:PLPL3) 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.


Plano & Plano Desenvolvimento Imobiliario Return-on-Tangible-Equity Related Terms


Plano & Plano Desenvolvimento Imobiliario Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Plano & Plano Desenvolvimento Imobiliario'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.

Plano & Plano Desenvolvimento Imobiliario Return-on-Tangible-Equity Chart

Plano & Plano Desenvolvimento Imobiliario Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.45 37.01 52.97 47.80 39.54

Plano & Plano Desenvolvimento Imobiliario 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 33.13 39.78 33.56 54.21 16.00

Plano & Plano Desenvolvimento Imobiliario Return-on-Tangible-Equity Competitor Comparison

For the Real Estate - Development subindustry, Plano & Plano Desenvolvimento Imobiliario'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.


Plano & Plano Desenvolvimento Imobiliario Return-on-Tangible-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Plano & Plano Desenvolvimento Imobiliario's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Plano & Plano Desenvolvimento Imobiliario's Return-on-Tangible-Equity falls into.


BSP:PLPL3
83GF Score
Plano & Plano Desenvolvimento Imobiliario SA BSP:PLPL3
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Plano & Plano Desenvolvimento Imobiliario Return-on-Tangible-Equity Calculation

Plano & Plano Desenvolvimento Imobiliario's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=362.009/( (830.884+1000.122 )/ 2 )
=362.009/915.503
=39.54 %

Plano & Plano Desenvolvimento Imobiliario'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 )
=163.216/( (1000.122+1040.584)/ 2 )
=163.216/1020.353
=16.00 %

* 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 16.00% mean?
Plano & Plano Desenvolvimento Imobiliario (BSP:PLPL3) has a Return-on-Tangible-Equity of 16.00% 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 Plano & Plano Desenvolvimento Imobiliario and its competitors. This is 70% below median its historical median of 52.97. Over the past decade, Plano & Plano Desenvolvimento Imobiliario's Return-on-Tangible-Equity has ranged from 35.82 to 227.90. According to the industry distribution chart, Plano & Plano Desenvolvimento Imobiliario ranks #96 out of 1718 companies in the Real Estate industry, placing it in the top 5.6%.
Is Plano & Plano Desenvolvimento Imobiliario's Return-on-Tangible-Equity too high?
Plano & Plano Desenvolvimento Imobiliario's current Return-on-Tangible-Equity of 16.00% is 70% below median its 10-year median of 52.97. Over the past 10 years, this metric has ranged from a low of 35.82 to a high of 227.90. The Real Estate industry median Return-on-Tangible-Equity is 4.20. Plano & Plano Desenvolvimento Imobiliario's value of 16.00% is 281.4% above this industry median. Based on the distribution chart, Plano & Plano Desenvolvimento Imobiliario ranks #96 out of 1718 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Plano & Plano Desenvolvimento Imobiliario has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Plano & Plano Desenvolvimento Imobiliario's Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, Plano & Plano Desenvolvimento Imobiliario ranks #96 out of 1718 companies for Return-on-Tangible-Equity. This places Plano & Plano Desenvolvimento Imobiliario in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 4.20. Plano & Plano Desenvolvimento Imobiliario's value of 16.00% is 281.4% above this benchmark. Historically, Plano & Plano Desenvolvimento Imobiliario's own Return-on-Tangible-Equity has ranged from 35.82 to 227.90 over the past decade. While the company's 10-year median is 52.97 vs. the industry median of 4.20, Plano & Plano Desenvolvimento Imobiliario 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 4.20, based on 1,718 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. Plano & Plano Desenvolvimento Imobiliario's current Return-on-Tangible-Equity of 16.00% is 281.4% 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 Plano & Plano Desenvolvimento Imobiliario and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plano & Plano Desenvolvimento Imobiliario's current Return-on-Tangible-Equity is 16.00%, which is 70% below median its own 10-year median of 52.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plano & Plano Desenvolvimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Plano & Plano Desenvolvimento Imobiliario (BSP:PLPL3) is currently considered Possible Value Trap. The stock's GF Value™ is R$18.87, compared to a current price of R$8.55 — trading 54.7% below its estimated fair value. The current Return-on-Tangible-Equity is 16.00%, which is 70% below median its 10-year median of 52.97 and 281.4% above the Real Estate industry median of 4.20. Plano & Plano Desenvolvimento Imobiliario's overall GF Score™ is 83/100 with 4 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 Plano & Plano Desenvolvimento Imobiliario (BSP:PLPL3), the current Return-on-Tangible-Equity is 16.00% 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 Plano & Plano Desenvolvimento Imobiliario (BSP:PLPL3) Overvalued in 2026?

Based on GuruFocus' analysis, Plano & Plano Desenvolvimento Imobiliario stock appears to be undervalued. The current stock price of R$8.55 is trading 54.7% below its estimated GF Value™ of R$18.87. GuruFocus considers Plano & Plano Desenvolvimento Imobiliario to be Possible Value Trap.

Key valuation signals for BSP:PLPL3:

  • Return-on-Tangible-Equity: 16.00% (70% below median its 10-year median of 52.97)
  • GF Value™: R$18.87 vs. price of R$8.55 (54.7% below fair value)
  • GF Score™: 83/100 with 4 warning signs
  • Industry Position: 281.4% above the Real Estate median (#96 of 1718)

No single metric tells the full story. See the BSP:PLPL3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Plano & Plano Desenvolvimento Imobiliario Business Description

Address Rua Samuel Morse, no 74, conjunto no 132, parte, Brooklin, Sao Paulo, SP, BRA, 04576-060
Plano & Plano Desenvolvimento Imobiliario SA is one of the largest construction companies and real estate developers in the Sao Paulo Metropolitan Region.
83GF Score

Get the complete analysis for BSP:PLPL3

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

R$8.55
Price
R$18.87
GF Value