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.
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. RNI Negocios Imobiliarios's annualized net income for the quarter that ended in Sep. 2025 was R$-114.4 Mil. RNI Negocios Imobiliarios's average shareholder tangible equity for the quarter that ended in Sep. 2025 was R$176.8 Mil. Therefore, RNI Negocios Imobiliarios's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2025 was -64.74%.
The historical rank and industry rank for RNI Negocios Imobiliarios's Return-on-Tangible-Equity or its related term are showing as below:
BSP:RDNI3'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -68.09 Med: -1.97 Max: 3.41
Current: -68.09
During the past 13 years, RNI Negocios Imobiliarios's highest Return-on-Tangible-Equity was 3.41%. The lowest was -68.09%. And the median was -1.97%.
BSP:RDNI3's Return-on-Tangible-Equity is not ranked
in the Real Estate industry.
Industry Median: 4.35
vs BSP:RDNI3: -68.09
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.
RNI Negocios Imobiliarios Return-on-Tangible-Equity Related Terms
RNI Negocios Imobiliarios Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for RNI Negocios Imobiliarios'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.
For the Real Estate - Development subindustry, RNI Negocios Imobiliarios'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.
RNI Negocios Imobiliarios Return-on-Tangible-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, RNI Negocios Imobiliarios's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where RNI Negocios Imobiliarios'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 (Sep. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -64.74% mean?
RNI Negocios Imobiliarios (BSP:RDNI3) has a Return-on-Tangible-Equity of -64.74% as of Sep. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on RNI Negocios Imobiliarios and its competitors.
Is RNI Negocios Imobiliarios' Return-on-Tangible-Equity too high?
RNI Negocios Imobiliarios' current Return-on-Tangible-Equity is -64.74%. Overall, RNI Negocios Imobiliarios has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does RNI Negocios Imobiliarios' Return-on-Tangible-Equity compare to competitors?
RNI Negocios Imobiliarios' Return-on-Tangible-Equity of -64.74% can be compared against companies in the Real Estate industry. The industry median Return-on-Tangible-Equity is 4.35. 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 4.35, based on 1,719 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 RNI Negocios Imobiliarios and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RNI Negocios Imobiliarios's current Return-on-Tangible-Equity is -64.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RNI Negocios Imobiliarios stock overvalued right now?
RNI Negocios Imobiliarios (BSP:RDNI3) has a current Return-on-Tangible-Equity of -64.74%. The stock's GF Value™ is R$2.92, compared to a current price of R$2.14 — trading 26.7% below its estimated fair value. The current Return-on-Tangible-Equity is -64.74%. RNI Negocios Imobiliarios' overall GF Score™ is 35/100 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 RNI Negocios Imobiliarios (BSP:RDNI3), the current Return-on-Tangible-Equity is -64.74% as of Sep. 2025. 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 RNI Negocios Imobiliarios (BSP:RDNI3) Overvalued in 2026?
Based on GuruFocus' analysis, RNI Negocios Imobiliarios stock appears to be undervalued.
The current stock price of R$2.14 is trading 26.7% below its estimated GF Value™ of R$2.92.
Key valuation signals for BSP:RDNI3:
Return-on-Tangible-Equity: -64.74%
GF Value™: R$2.92 vs. price of R$2.14 (26.7% below fair value)
No single metric tells the full story. See the BSP:RDNI3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
RNI Negocios Imobiliarios SA is in the purchase and sale of real estate. It also engages in parceling or plotting of land; development of real estate and construction of properties for sale; and provision of third-party services. The company operates in several real estate segments, always prioritizing the ideals of social responsibility and sustainability, and aims to offer high-quality projects that provide comfort and well-being with security. The Company has a portfolio that serves 3 different product lines Moradas, Terra Nova and Stillo.
35GF Score
Get the complete analysis for BSP:RDNI3
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:RDNI3 has been successfully added to your 
