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.
MarcopoloBSP:POMO4 -0.57%86 Return-on-Tangible-Equity is 29.17% as of Mar. 2026, which is 98% above its 10-year median of 14.74. GuruFocus rates BSP:POMO4 with a GF Score™ of 86/100 and a GF Value™ of R$6.71 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 199 Farm & Heavy Construction Machinery companies, Marcopolo ranks better than 87.94% 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. Marcopolo's annualized net income for the quarter that ended in Mar. 2026 was R$1,064 Mil. Marcopolo's average shareholder tangible equity for the quarter that ended in Mar. 2026 was R$3,649 Mil. Therefore, Marcopolo's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 29.17%.
The historical rank and industry rank for Marcopolo's Return-on-Tangible-Equity or its related term are showing as below:
BSP:POMO4'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.4 Med: 14.74 Max: 34.2
Current: 33.12
During the past 13 years, Marcopolo's highest Return-on-Tangible-Equity was 34.20%. The lowest was 4.40%. And the median was 14.74%.
BSP:POMO4's Return-on-Tangible-Equity is ranked better than 87.94% of 199
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 9.26
vs BSP:POMO4: 33.12
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.
Marcopolo Return-on-Tangible-Equity Related Terms
Marcopolo Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Marcopolo'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:POMO4 vs CAT, DE, PCAR: Return-on-Tangible-Equity Comparison
For the Farm & Heavy Construction Machinery subindustry, Marcopolo'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.
Marcopolo Return-on-Tangible-Equity vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Marcopolo's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Marcopolo'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 29.17% mean?
Marcopolo (BSP:POMO4) has a Return-on-Tangible-Equity of 29.17% 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 Marcopolo and its competitors. This is 98% above median its historical median of 14.74. Over the past decade, Marcopolo's Return-on-Tangible-Equity has ranged from 4.40 to 34.20. According to the industry distribution chart, Marcopolo ranks #24 out of 199 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 12.1%.
Is Marcopolo's Return-on-Tangible-Equity too high?
Marcopolo's current Return-on-Tangible-Equity of 29.17% is 98% above median its 10-year median of 14.74. Over the past 10 years, this metric has ranged from a low of 4.40 to a high of 34.20. The Farm & Heavy Construction Machinery industry median Return-on-Tangible-Equity is 9.26. Marcopolo's value of 29.17% is 215% above this industry median. Based on the distribution chart, Marcopolo ranks #24 out of 199 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, Marcopolo has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Marcopolo's Return-on-Tangible-Equity compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Marcopolo ranks #24 out of 199 companies for Return-on-Tangible-Equity. This places Marcopolo in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 9.26. Marcopolo's value of 29.17% is 215% above this benchmark. Historically, Marcopolo's own Return-on-Tangible-Equity has ranged from 4.40 to 34.20 over the past decade. While the company's 10-year median is 14.74 vs. the industry median of 9.26, Marcopolo 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 Farm & Heavy Construction Machinery company?
The median Return-on-Tangible-Equity among Farm & Heavy Construction Machinery companies is 9.26, based on 199 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. Marcopolo's current Return-on-Tangible-Equity of 29.17% is 215% 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 Marcopolo and its competitors. For the Farm & Heavy Construction Machinery industry, the median Return-on-Tangible-Equity is 9.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marcopolo's current Return-on-Tangible-Equity is 29.17%, which is 98% above median its own 10-year median of 14.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marcopolo stock overvalued right now?
Based on GuruFocus' analysis, Marcopolo (BSP:POMO4) is currently considered Modestly Undervalued. The stock's GF Value™ is R$6.71, compared to a current price of R$5.24 — trading 21.9% below its estimated fair value. The current Return-on-Tangible-Equity is 29.17%, which is 98% above median its 10-year median of 14.74 and 215% above the Farm & Heavy Construction Machinery industry median of 9.26. Marcopolo's overall GF Score™ is 86/100 with 5 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 Marcopolo (BSP:POMO4), the current Return-on-Tangible-Equity is 29.17% 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 Marcopolo (BSP:POMO4) Overvalued in 2026?
Based on GuruFocus' analysis, Marcopolo stock appears to be undervalued.
The current stock price of R$5.24 is trading 21.9% below its estimated GF Value™ of R$6.71.
GuruFocus considers Marcopolo to be Modestly Undervalued.
Key valuation signals for BSP:POMO4:
Return-on-Tangible-Equity: 29.17% (98% above median its 10-year median of 14.74)
GF Value™: R$6.71 vs. price of R$5.24 (21.9% below fair value)
Industry Position: 215% above the Farm & Heavy Construction Machinery median (#24 of 199)
No single metric tells the full story. See the BSP:POMO4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marcopolo SA is a Brazilian auto manufacturer. It is engaged in the manufacture and sale of buses, bus bodies, and components. The company's product line covers a wide variety of models, consisting of the coach, city, and micro bus groups, as well as the Volare micro bus family (complete bus, with chassis and body), electric and hybrid buses. It operates in two segments: Industrial and Financial. The majority of the company's revenue is generated from the Industrial segment, which produces buses, bus bodies, and spare parts. The Financial segment is responsible for financing operations through its wholly owned subsidiary. Geographically, it derives maximum revenue from Brazil, and the rest from the United States, Africa, Argentina, Australia, China, the UAE, and Mexico.
86GF Score
Get the complete analysis for BSP:POMO4
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:POMO4 has been successfully added to your 
