Tegma Gestao LogisticaBSP:TGMA3 +1.56%93 Return-on-Tangible-Equity is 22.86% as of Mar. 2026, which is 29% below its 10-year median of 32.01. GuruFocus rates BSP:TGMA3 with a GF Score™ of 93/100 and a GF Value™ of R$37.75 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 977 Transportation companies, Tegma Gestao Logistica ranks better than 87.41% 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. Tegma Gestao Logistica's annualized net income for the quarter that ended in Mar. 2026 was R$155 Mil. Tegma Gestao Logistica's average shareholder tangible equity for the quarter that ended in Mar. 2026 was R$679 Mil. Therefore, Tegma Gestao Logistica's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 22.86%.
The historical rank and industry rank for Tegma Gestao Logistica's Return-on-Tangible-Equity or its related term are showing as below:
BSP:TGMA3'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.18 Med: 32.01 Max: 54.22
Current: 32.17
During the past 13 years, Tegma Gestao Logistica's highest Return-on-Tangible-Equity was 54.22%. The lowest was 7.18%. And the median was 32.01%.
BSP:TGMA3's Return-on-Tangible-Equity is ranked better than 87.41% of 977
companies
in the Transportation industry
Industry Median: 9.02
vs BSP:TGMA3: 32.17
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.
Tegma Gestao Logistica Return-on-Tangible-Equity Related Terms
Tegma Gestao Logistica Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Tegma Gestao Logistica'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:TGMA3 vs ODFL, XPO, KNX: Return-on-Tangible-Equity Comparison
For the Trucking subindustry, Tegma Gestao Logistica'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.
Tegma Gestao Logistica Return-on-Tangible-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Tegma Gestao Logistica's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tegma Gestao Logistica'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 22.86% mean?
Tegma Gestao Logistica (BSP:TGMA3) has a Return-on-Tangible-Equity of 22.86% 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 Tegma Gestao Logistica and its competitors. This is 29% below median its historical median of 32.01. Over the past decade, Tegma Gestao Logistica's Return-on-Tangible-Equity has ranged from 7.18 to 54.22. According to the industry distribution chart, Tegma Gestao Logistica ranks #123 out of 977 companies in the Transportation industry, placing it in the top 12.6%.
Is Tegma Gestao Logistica's Return-on-Tangible-Equity too high?
Tegma Gestao Logistica's current Return-on-Tangible-Equity of 22.86% is 29% below median its 10-year median of 32.01. Over the past 10 years, this metric has ranged from a low of 7.18 to a high of 54.22. The Transportation industry median Return-on-Tangible-Equity is 9.02. Tegma Gestao Logistica's value of 22.86% is 153.4% above this industry median. Based on the distribution chart, Tegma Gestao Logistica ranks #123 out of 977 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Tegma Gestao Logistica has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tegma Gestao Logistica's Return-on-Tangible-Equity compare to ODFL and XPO?
According to the Transportation industry distribution chart, Tegma Gestao Logistica ranks #123 out of 977 companies for Return-on-Tangible-Equity. This places Tegma Gestao Logistica in the top 13% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 9.02. Tegma Gestao Logistica's value of 22.86% is 153.4% above this benchmark. Historically, Tegma Gestao Logistica's own Return-on-Tangible-Equity has ranged from 7.18 to 54.22 over the past decade. While the company's 10-year median is 32.01 vs. the industry median of 9.02, Tegma Gestao Logistica 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 Transportation company?
The median Return-on-Tangible-Equity among Transportation companies is 9.02, based on 977 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. Tegma Gestao Logistica's current Return-on-Tangible-Equity of 22.86% is 153.4% 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 Tegma Gestao Logistica and its competitors. For the Transportation industry, the median Return-on-Tangible-Equity is 9.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tegma Gestao Logistica's current Return-on-Tangible-Equity is 22.86%, which is 29% below median its own 10-year median of 32.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tegma Gestao Logistica stock overvalued right now?
Based on GuruFocus' analysis, Tegma Gestao Logistica (BSP:TGMA3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$37.75, compared to a current price of R$30.53 — trading 19.1% below its estimated fair value. The current Return-on-Tangible-Equity is 22.86%, which is 29% below median its 10-year median of 32.01 and 153.4% above the Transportation industry median of 9.02. Tegma Gestao Logistica's overall GF Score™ is 93/100 with 3 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 Tegma Gestao Logistica (BSP:TGMA3), the current Return-on-Tangible-Equity is 22.86% 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 Tegma Gestao Logistica (BSP:TGMA3) Overvalued in 2026?
Based on GuruFocus' analysis, Tegma Gestao Logistica stock appears to be undervalued.
The current stock price of R$30.53 is trading 19.1% below its estimated GF Value™ of R$37.75.
GuruFocus considers Tegma Gestao Logistica to be Modestly Undervalued.
Key valuation signals for BSP:TGMA3:
Return-on-Tangible-Equity: 22.86% (29% below median its 10-year median of 32.01)
GF Value™: R$37.75 vs. price of R$30.53 (19.1% below fair value)
Industry Position: 153.4% above the Transportation median (#123 of 977)
No single metric tells the full story. See the BSP:TGMA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tegma Gestao Logistica SA provides logistics, transportation, and warehouse services in Brazil. The company's operating segments include; Automotive logistics and Integrated logistics. The Automotive Logistics division engages in the transportation of vehicles, as well as management of yard; transfer and distribution of vehicle; storage of vehicles; and provision of pre delivery inspection, and center for automotive/multi-brand services. The Integrated Logistics division provides transportation, storage, inventory management, and similar services. It generates maximum revenue from the Automotive Logistics segment.
93GF Score
Get the complete analysis for BSP:TGMA3
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:TGMA3 has been successfully added to your 
