Veste Estilo (BSP:VSTE3) Return-on-Tangible-Equity: 8.27% (As of Mar. 2026) — 79% Above Median


BSP:VSTE3 Veste SA Estilo BSP:VSTE3
50 GF Score
Price R$2.99
GF Value R$6.82
Valuation Possible Value Trap
! 4 Warning Signs
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What is Veste Estilo Return-on-Tangible-Equity?

Veste Estilo BSP:VSTE3 -0.99% 50 Return-on-Tangible-Equity is 8.27% as of Mar. 2026, which is 79% above its 10-year median of 4.63. GuruFocus rates BSP:VSTE3 with a GF Score™ of 50/100 and a GF Value™ of R$6.82 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,056 Retail - Cyclical companies, Veste Estilo ranks better than 52.75% 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. Veste Estilo's annualized net income for the quarter that ended in Mar. 2026 was R$45 Mil. Veste Estilo's average shareholder tangible equity for the quarter that ended in Mar. 2026 was R$550 Mil. Therefore, Veste Estilo's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 8.27%.

The historical rank and industry rank for Veste Estilo's Return-on-Tangible-Equity or its related term are showing as below:

BSP:VSTE3' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -61.48   Med: 4.63   Max: 1771.07
Current: 9.57

During the past 13 years, Veste Estilo's highest Return-on-Tangible-Equity was 1,771.07%. The lowest was -61.48%. And the median was 4.63%.

BSP:VSTE3's Return-on-Tangible-Equity is ranked better than
52.75% of 1056 companies
in the Retail - Cyclical industry
Industry Median: 8.34 vs BSP:VSTE3: 9.57

Veste Estilo  (BSP:VSTE3) 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.


Veste Estilo Return-on-Tangible-Equity Related Terms


Veste Estilo Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Veste Estilo'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.

Veste Estilo Return-on-Tangible-Equity Chart

Veste Estilo 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 0.00 Negative Tangible Equity 4.71 0.13 4.55

Veste Estilo 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 -11.83 12.07 5.98 12.00 8.27

BSP:VSTE3 vs TJX, ROST, BURL: Return-on-Tangible-Equity Comparison

For the Apparel Retail subindustry, Veste Estilo'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.


Veste Estilo Return-on-Tangible-Equity vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Veste Estilo's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Veste Estilo's Return-on-Tangible-Equity falls into.


BSP:VSTE3
50GF Score
Veste SA Estilo BSP:VSTE3
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Veste Estilo Return-on-Tangible-Equity Calculation

Veste Estilo'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 )
=24.409/( (527.606+545.716 )/ 2 )
=24.409/536.661
=4.55 %

Veste Estilo'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 )
=45.492/( (545.716+554.294)/ 2 )
=45.492/550.005
=8.27 %

* 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 8.27% mean?
Veste Estilo (BSP:VSTE3) has a Return-on-Tangible-Equity of 8.27% 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 Veste Estilo and its competitors. This is 79% above median its historical median of 4.63. According to the industry distribution chart, Veste Estilo ranks #499 out of 1056 companies in the Retail - Cyclical industry, placing it in the top 47.3%.
Is Veste Estilo's Return-on-Tangible-Equity too high?
Veste Estilo's current Return-on-Tangible-Equity of 8.27% is 79% above median its 10-year median of 4.63. The Retail - Cyclical industry median Return-on-Tangible-Equity is 8.34. Veste Estilo's value of 8.27% is 0.8% below this industry median. Based on the distribution chart, Veste Estilo ranks #499 out of 1056 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Veste Estilo has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Veste Estilo's Return-on-Tangible-Equity compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Veste Estilo ranks #499 out of 1056 companies for Return-on-Tangible-Equity. This puts Veste Estilo in the upper half of its industry. The industry median Return-on-Tangible-Equity is 8.34. Veste Estilo's value of 8.27% is 0.8% below this benchmark. While the company's 10-year median is 4.63 vs. the industry median of 8.34, Veste Estilo has consistently been below 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 Retail - Cyclical company?
The median Return-on-Tangible-Equity among Retail - Cyclical companies is 8.34, based on 1,056 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. Veste Estilo's current Return-on-Tangible-Equity of 8.27% is 0.8% below 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 Veste Estilo and its competitors. For the Retail - Cyclical industry, the median Return-on-Tangible-Equity is 8.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veste Estilo's current Return-on-Tangible-Equity is 8.27%, which is 79% above median its own 10-year median of 4.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veste Estilo stock overvalued right now?
Based on GuruFocus' analysis, Veste Estilo (BSP:VSTE3) is currently considered Possible Value Trap. The stock's GF Value™ is R$6.82, compared to a current price of R$2.99 — trading 56.2% below its estimated fair value. The current Return-on-Tangible-Equity is 8.27%, which is 79% above median its 10-year median of 4.63 and 0.8% below the Retail - Cyclical industry median of 8.34. Veste Estilo's overall GF Score™ is 50/100 with 4 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 Veste Estilo (BSP:VSTE3), the current Return-on-Tangible-Equity is 8.27% 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 Veste Estilo (BSP:VSTE3) Overvalued in 2026?

Based on GuruFocus' analysis, Veste Estilo stock appears to be undervalued. The current stock price of R$2.99 is trading 56.2% below its estimated GF Value™ of R$6.82. GuruFocus considers Veste Estilo to be Possible Value Trap.

Key valuation signals for BSP:VSTE3:

  • Return-on-Tangible-Equity: 8.27% (79% above median its 10-year median of 4.63)
  • GF Value™: R$6.82 vs. price of R$2.99 (56.2% below fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 0.8% below the Retail - Cyclical median (#499 of 1056)

No single metric tells the full story. See the BSP:VSTE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Veste Estilo Business Description

Address Rua Othão, 405, Sao Paulo, SP, BRA, 05313-020
Veste SA Estilo is engaged in apparel industry retailers and high-end accessories in Brazil. The Company's main objectives are: development, exploration of the industry, trade, import and export of clothing and clothing accessories and trading in decorative, hygiene and cosmetic objects, among others. It produces clothes, accessories, footwear, and articles for the home, always in line with contemporary lifestyle, bringing joy, elegance, and well-being to customers under its brands Le Lis, Dudalina, john john, Stew, and Individual. The company focuses on designing, developing, manufacturing, and trading apparel and accessories for women and men.
50GF Score

Get the complete analysis for BSP:VSTE3

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

R$2.99
Price
R$6.82
GF Value