Wiz Co Participacoes e Corretagem de Seguros (BSP:WIZC3) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BSP:WIZC3 Wiz Co Participacoes e Corretagem de Seguros SA BSP:WIZC3
88 GF Score
Price R$8.41
GF Value R$7.46
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Wiz Co Participacoes e Corretagem de Seguros Return-on-Tangible-Equity?

Wiz Co Participacoes e Corretagem de Seguros BSP:WIZC3 -0.24% 88 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates BSP:WIZC3 with a GF Score™ of 88/100 and a GF Value™ of R$7.46 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 497 Insurance companies, Wiz Co Participacoes e Corretagem de Seguros ranks better than 99.8% 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. Wiz Co Participacoes e Corretagem de Seguros's annualized net income for the quarter that ended in Mar. 2026 was R$159 Mil. Wiz Co Participacoes e Corretagem de Seguros's average shareholder tangible equity for the quarter that ended in Mar. 2026 was R$-735 Mil. Therefore, Wiz Co Participacoes e Corretagem de Seguros's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.

The historical rank and industry rank for Wiz Co Participacoes e Corretagem de Seguros's Return-on-Tangible-Equity or its related term are showing as below:

BSP:WIZC3' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 167.61   Med: 167.61   Max: 167.61
Current: Negative Tangible Equity

During the past 13 years, Wiz Co Participacoes e Corretagem de Seguros's highest Return-on-Tangible-Equity was 167.61%. The lowest was 167.61%. And the median was 167.61%.

BSP:WIZC3's Return-on-Tangible-Equity is ranked better than
99.8% of 497 companies
in the Insurance industry
Industry Median: 13.5 vs BSP:WIZC3: Negative Tangible Equity

Wiz Co Participacoes e Corretagem de Seguros  (BSP:WIZC3) 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.


Wiz Co Participacoes e Corretagem de Seguros Return-on-Tangible-Equity Related Terms


Wiz Co Participacoes e Corretagem de Seguros Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Wiz Co Participacoes e Corretagem de Seguros'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.

Wiz Co Participacoes e Corretagem de Seguros Return-on-Tangible-Equity Chart

Wiz Co Participacoes e Corretagem de Seguros 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 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Wiz Co Participacoes e Corretagem de Seguros 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 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

BSP:WIZC3 vs MRSH, AON, AJG: Return-on-Tangible-Equity Comparison

For the Insurance Brokers subindustry, Wiz Co Participacoes e Corretagem de Seguros'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.


Wiz Co Participacoes e Corretagem de Seguros Return-on-Tangible-Equity vs Insurance Industry

For the Insurance industry and Financial Services sector, Wiz Co Participacoes e Corretagem de Seguros's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Wiz Co Participacoes e Corretagem de Seguros's Return-on-Tangible-Equity falls into.


BSP:WIZC3
88GF Score
Wiz Co Participacoes e Corretagem de Seguros SA BSP:WIZC3
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wiz Co Participacoes e Corretagem de Seguros Return-on-Tangible-Equity Calculation

Wiz Co Participacoes e Corretagem de Seguros'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 )
=201.076/( (-1039.388+-739.495 )/ 2 )
=201.076/-889.4415
=Negative Tangible Equity %

Wiz Co Participacoes e Corretagem de Seguros'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 )
=159.38/( (-739.495+-729.971)/ 2 )
=159.38/-734.733
=Negative Tangible Equity %

* 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 Negative Tangible Equity% mean?
Wiz Co Participacoes e Corretagem de Seguros (BSP:WIZC3) has a Return-on-Tangible-Equity of Negative Tangible Equity% 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 Wiz Co Participacoes e Corretagem de Seguros and its competitors. Over the past decade, Wiz Co Participacoes e Corretagem de Seguros' Return-on-Tangible-Equity has ranged from 167.61 to 167.61. According to the industry distribution chart, Wiz Co Participacoes e Corretagem de Seguros ranks #1 out of 497 companies in the Insurance industry, placing it in the top 0.2%.
Is Wiz Co Participacoes e Corretagem de Seguros' Return-on-Tangible-Equity too high?
Wiz Co Participacoes e Corretagem de Seguros' current Return-on-Tangible-Equity is Negative Tangible Equity%. Over the past 10 years, this metric has ranged from a low of 167.61 to a high of 167.61. Based on the distribution chart, Wiz Co Participacoes e Corretagem de Seguros ranks #1 out of 497 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Wiz Co Participacoes e Corretagem de Seguros has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wiz Co Participacoes e Corretagem de Seguros' Return-on-Tangible-Equity compare to MRSH and AON?
According to the Insurance industry distribution chart, Wiz Co Participacoes e Corretagem de Seguros ranks #1 out of 497 companies for Return-on-Tangible-Equity. This places Wiz Co Participacoes e Corretagem de Seguros in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 13.50. Historically, Wiz Co Participacoes e Corretagem de Seguros' own Return-on-Tangible-Equity has ranged from 167.61 to 167.61 over the past decade. 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 an Insurance company?
The median Return-on-Tangible-Equity among Insurance companies is 13.50, based on 497 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 Wiz Co Participacoes e Corretagem de Seguros and its competitors. For the Insurance industry, the median Return-on-Tangible-Equity is 13.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wiz Co Participacoes e Corretagem de Seguros's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wiz Co Participacoes e Corretagem de Seguros stock overvalued right now?
Based on GuruFocus' analysis, Wiz Co Participacoes e Corretagem de Seguros (BSP:WIZC3) is currently considered Modestly Overvalued. The stock's GF Value™ is R$7.46, compared to a current price of R$8.41 — trading 12.7% above its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Wiz Co Participacoes e Corretagem de Seguros' overall GF Score™ is 88/100 with 2 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 Wiz Co Participacoes e Corretagem de Seguros (BSP:WIZC3), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 Wiz Co Participacoes e Corretagem de Seguros (BSP:WIZC3) Overvalued in 2026?

Based on GuruFocus' analysis, Wiz Co Participacoes e Corretagem de Seguros stock appears to be overvalued. The current stock price of R$8.41 is trading 12.7% above its estimated GF Value™ of R$7.46. GuruFocus considers Wiz Co Participacoes e Corretagem de Seguros to be Modestly Overvalued.

Key valuation signals for BSP:WIZC3:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: R$7.46 vs. price of R$8.41 (12.7% above fair value)
  • GF Score™: 88/100 with 2 warning signs

No single metric tells the full story. See the BSP:WIZC3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wiz Co Participacoes e Corretagem de Seguros Business Description

Address Setor Comercial Norte, Quadra 02, Liberty Mall, Tower B, 13th Floor, Room 1301, Brasilia, DF, BRA, 70712-904
Wiz Co Participacoes e Corretagem de Seguros SA is Brazilian insurance brokerage company. It is engaged in developing and implementing business optimization solutions, combining financial and insurance services to meet customer's needs. The company acts as a broker between insurer and bank and it is involved in the sale of individual and corporate insurance products, pension plans, capitalization plans, and consortiums, in the distribution channels. Its insurance products includes life insurance policies, mortgage insurance, credit insurance, auto insurance, residential property insurance, Business Multi-Risk Insurance and other products.
88GF Score

Get the complete analysis for BSP:WIZC3

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

R$8.41
Price
R$7.46
GF Value