Sao Carlos Empreend E Participacoes (BSP:SCAR3) Return-on-Tangible-Equity: -10.00% (As of Mar. 2026)


BSP:SCAR3 Sao Carlos Empreend E Participacoes SA BSP:SCAR3
57 GF Score
Price R$12.48
GF Value R$9.00
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Sao Carlos Empreend E Participacoes Return-on-Tangible-Equity?

Sao Carlos Empreend E Participacoes BSP:SCAR3 +2.80% 57 Return-on-Tangible-Equity is -10.00% as of Mar. 2026. GuruFocus rates BSP:SCAR3 with a GF Score™ of 57/100 and a GF Value™ of R$9.00 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,714 Real Estate companies, Sao Carlos Empreend E Participacoes ranks worse than 82.73% 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. Sao Carlos Empreend E Participacoes's annualized net income for the quarter that ended in Mar. 2026 was R$-105.1 Mil. Sao Carlos Empreend E Participacoes's average shareholder tangible equity for the quarter that ended in Mar. 2026 was R$1,050.8 Mil. Therefore, Sao Carlos Empreend E Participacoes's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -10.00%.

The historical rank and industry rank for Sao Carlos Empreend E Participacoes's Return-on-Tangible-Equity or its related term are showing as below:

BSP:SCAR3' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -6.3   Med: 3.92   Max: 19.28
Current: -6.3

During the past 13 years, Sao Carlos Empreend E Participacoes's highest Return-on-Tangible-Equity was 19.28%. The lowest was -6.30%. And the median was 3.92%.

BSP:SCAR3's Return-on-Tangible-Equity is ranked worse than
82.73% of 1714 companies
in the Real Estate industry
Industry Median: 4.195 vs BSP:SCAR3: -6.30

Sao Carlos Empreend E Participacoes  (BSP:SCAR3) 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.


Sao Carlos Empreend E Participacoes Return-on-Tangible-Equity Related Terms


Sao Carlos Empreend E Participacoes Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Sao Carlos Empreend E Participacoes'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.

Sao Carlos Empreend E Participacoes Return-on-Tangible-Equity Chart

Sao Carlos Empreend E Participacoes 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 1.99 -5.35 19.28 -2.02 -4.94

Sao Carlos Empreend E Participacoes 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 -1.75 -1.27 -6.14 -9.20 -10.00

BSP:SCAR3 vs CBRE, BEKE, JLL: Return-on-Tangible-Equity Comparison

For the Real Estate Services subindustry, Sao Carlos Empreend E Participacoes'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.


Sao Carlos Empreend E Participacoes Return-on-Tangible-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Sao Carlos Empreend E Participacoes's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Sao Carlos Empreend E Participacoes's Return-on-Tangible-Equity falls into.


BSP:SCAR3
57GF Score
Sao Carlos Empreend E Participacoes SA BSP:SCAR3
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sao Carlos Empreend E Participacoes Return-on-Tangible-Equity Calculation

Sao Carlos Empreend E Participacoes'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 )
=-64.366/( (1541.48+1065.592 )/ 2 )
=-64.366/1303.536
=-4.94 %

Sao Carlos Empreend E Participacoes'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 )
=-105.052/( (1065.592+1035.925)/ 2 )
=-105.052/1050.7585
=-10.00 %

* 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 -10.00% mean?
Sao Carlos Empreend E Participacoes (BSP:SCAR3) has a Return-on-Tangible-Equity of -10.00% 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 Sao Carlos Empreend E Participacoes and its competitors. According to the industry distribution chart, Sao Carlos Empreend E Participacoes ranks #1418 out of 1714 companies in the Real Estate industry, placing it in the top 82.7%.
Is Sao Carlos Empreend E Participacoes' Return-on-Tangible-Equity too high?
Sao Carlos Empreend E Participacoes' current Return-on-Tangible-Equity is -10.00%. Based on the distribution chart, Sao Carlos Empreend E Participacoes ranks #1418 out of 1714 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Sao Carlos Empreend E Participacoes has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Sao Carlos Empreend E Participacoes' Return-on-Tangible-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Sao Carlos Empreend E Participacoes ranks #1418 out of 1714 companies for Return-on-Tangible-Equity. This places Sao Carlos Empreend E Participacoes in the lower half of its industry. The industry median Return-on-Tangible-Equity is 4.20. 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.20, based on 1,714 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 Sao Carlos Empreend E Participacoes 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. Sao Carlos Empreend E Participacoes's current Return-on-Tangible-Equity is -10.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sao Carlos Empreend E Participacoes stock overvalued right now?
Based on GuruFocus' analysis, Sao Carlos Empreend E Participacoes (BSP:SCAR3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$9.00, compared to a current price of R$12.48 — trading 38.7% above its estimated fair value. The current Return-on-Tangible-Equity is -10.00%. Sao Carlos Empreend E Participacoes' overall GF Score™ is 57/100 with 7 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 Sao Carlos Empreend E Participacoes (BSP:SCAR3), the current Return-on-Tangible-Equity is -10.00% 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 Sao Carlos Empreend E Participacoes (BSP:SCAR3) Overvalued in 2026?

Based on GuruFocus' analysis, Sao Carlos Empreend E Participacoes stock appears to be overvalued. The current stock price of R$12.48 is trading 38.7% above its estimated GF Value™ of R$9.00. GuruFocus considers Sao Carlos Empreend E Participacoes to be Significantly Overvalued.

Key valuation signals for BSP:SCAR3:

  • Return-on-Tangible-Equity: -10.00%
  • GF Value™: R$9.00 vs. price of R$12.48 (38.7% above fair value)
  • GF Score™: 57/100 with 7 warning signs

No single metric tells the full story. See the BSP:SCAR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sao Carlos Empreend E Participacoes Business Description

Address 153, Rua Dr. Eduardo de Souza Aranha, 12th Floor, Vila Nova Conceicao, Sao Paulo, SP, BRA, 4543904
Sao Carlos Empreend E Participacoes SA is a commercial real estate investment companies in Brazil. It is primarily involved in the management of own or third-party real estate projects, including shopping malls; purchase and sale of completed or under construction residential and office properties, land or undivided interests in the properties; property leasing; operation of short-term parking lots and others. Geographically, the group owns and operates a portfolio of high-rise office buildings and convenience centers in Sao Paulo and Rio de Janeiro. The company recognizes revenue from the sale of properties.
57GF Score

Get the complete analysis for BSP:SCAR3

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

R$12.48
Price
R$9.00
GF Value