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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. Telecomunicacoes Brasileiras's annualized net income for the quarter that ended in Mar. 2026 was R$-358.2 Mil. Telecomunicacoes Brasileiras's average shareholder tangible equity for the quarter that ended in Mar. 2026 was R$1,680.8 Mil. Therefore, Telecomunicacoes Brasileiras's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was -21.31%.
The historical rank and industry rank for Telecomunicacoes Brasileiras's Return-on-Tangible-Equity or its related term are showing as below:
BSP:TELB3'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -943.45 Med: -11.09 Max: 8.81
Current: 3.94
During the past 13 years, Telecomunicacoes Brasileiras's highest Return-on-Tangible-Equity was 8.81%. The lowest was -943.45%. And the median was -11.09%.
BSP:TELB3's Return-on-Tangible-Equity is ranked worse than 71.6% of 324
companies
in the Telecommunication Services industry
Industry Median: 14.255
vs BSP:TELB3: 3.94
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.
Telecomunicacoes Brasileiras Return-on-Tangible-Equity Related Terms
Telecomunicacoes Brasileiras Return-on-Tangible-Equity Historical Data
* 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:TELB3 vs TMUS, VZ, T: Return-on-Tangible-Equity Comparison
For the Telecom Services subindustry, Telecomunicacoes Brasileiras'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.
Telecomunicacoes Brasileiras Return-on-Tangible-Equity vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Telecomunicacoes Brasileiras's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Telecomunicacoes Brasileiras'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 -21.31% mean?
Telecomunicacoes Brasileiras (BSP:TELB3) has a Return-on-Tangible-Equity of -21.31% 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 Telecomunicacoes Brasileiras and its competitors. According to the industry distribution chart, Telecomunicacoes Brasileiras ranks #232 out of 324 companies in the Telecommunication Services industry, placing it in the top 71.6%.
Is Telecomunicacoes Brasileiras' Return-on-Tangible-Equity too high?
Telecomunicacoes Brasileiras' current Return-on-Tangible-Equity is -21.31%. Based on the distribution chart, Telecomunicacoes Brasileiras ranks #232 out of 324 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Telecomunicacoes Brasileiras has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Telecomunicacoes Brasileiras' Return-on-Tangible-Equity compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Telecomunicacoes Brasileiras ranks #232 out of 324 companies for Return-on-Tangible-Equity. This places Telecomunicacoes Brasileiras in the lower half of its industry. The industry median Return-on-Tangible-Equity is 14.26. 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 Telecommunication Services company?
The median Return-on-Tangible-Equity among Telecommunication Services companies is 14.26, based on 324 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 Telecomunicacoes Brasileiras and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Equity is 14.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telecomunicacoes Brasileiras's current Return-on-Tangible-Equity is -21.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telecomunicacoes Brasileiras stock overvalued right now?
Based on GuruFocus' analysis, Telecomunicacoes Brasileiras (BSP:TELB3) is currently considered Possible Value Trap. The stock's GF Value™ is R$14.84, compared to a current price of R$10.19 — trading 31.3% below its estimated fair value. The current Return-on-Tangible-Equity is -21.31%. Telecomunicacoes Brasileiras' overall GF Score™ is 63/100 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 Telecomunicacoes Brasileiras (BSP:TELB3), the current Return-on-Tangible-Equity is -21.31% 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 Telecomunicacoes Brasileiras (BSP:TELB3) Overvalued in 2026?
Based on GuruFocus' analysis, Telecomunicacoes Brasileiras stock appears to be undervalued.
The current stock price of R$10.19 is trading 31.3% below its estimated GF Value™ of R$14.84.
GuruFocus considers Telecomunicacoes Brasileiras to be Possible Value Trap.
Key valuation signals for BSP:TELB3:
Return-on-Tangible-Equity: -21.31%
GF Value™: R$14.84 vs. price of R$10.19 (31.3% below fair value)
No single metric tells the full story. See the BSP:TELB3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Telecomunicacoes Brasileiras SA is a Brazil-based company. Along with its subsidiaries, the firm offers telecommunication services in the areas of fixed line and mobile communication and internet access services. Its product portfolio includes IP (Internet Protocol) Telebras, Telebras Point-to-Point, and Telebras MPLS (Multiprotocol Label Switching) Network. The company also provides broadband services and infrastructure support services.
63GF Score
Get the complete analysis for BSP:TELB3
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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