ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. B3 - Brasil Bolsa Balcao's annualizedNet Income for the quarter that ended in Mar. 2026 was R$5,908 Mil.
B3 - Brasil Bolsa Balcao's average Total Assets over the quarter that ended in Mar. 2026 was R$48,531 Mil. Therefore, B3 - Brasil Bolsa Balcao's annualized ROA % for the quarter that ended in Mar. 2026 was 12.17%.
The historical rank and industry rank for B3 - Brasil Bolsa Balcao's ROA % or its related term are showing as below:
BSP:B3SA3'
s ROA % Range Over the Past 10 Years
Min: 3.77 Med: 8.49 Max: 10.43
Current: 10.43
During the past 13 years, B3 - Brasil Bolsa Balcao's highest ROA % was 10.43%. The lowest was 3.77%. And the median was 8.49%.
BSP:B3SA3's ROA % is ranked better than 85.91% of 816
companies
in the Capital Markets industry
Industry Median: 1.495
vs BSP:B3SA3: 10.43
B3 - Brasil Bolsa Balcao (BSP:B3SA3) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
* 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.
For the Financial Data & Stock Exchanges subindustry, B3 - Brasil Bolsa Balcao's ROA %, along with its competitors' market caps and ROA % 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.
B3 - Brasil Bolsa Balcao ROA % vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, B3 - Brasil Bolsa Balcao's ROA % distribution charts can be found below:
* The bar in red indicates where B3 - Brasil Bolsa Balcao's ROA % 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 ROA %, the net income of the last fiscal year and the average total assets 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.
ROA % is displayed in the 30-year financial page.
B3 - Brasil Bolsa Balcao (BSP:B3SA3) has a ROA % of 12.17% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on B3 - Brasil Bolsa Balcao and its competitors. This is 43% above median its historical median of 8.49. Over the past decade, B3 - Brasil Bolsa Balcao's ROA % has ranged from 3.77 to 10.43. According to the industry distribution chart, B3 - Brasil Bolsa Balcao ranks #115 out of 816 companies in the Capital Markets industry, placing it in the top 14.1%.
Is B3 - Brasil Bolsa Balcao's ROA % too high?
B3 - Brasil Bolsa Balcao's current ROA % of 12.17% is 43% above median its 10-year median of 8.49. Over the past 10 years, this metric has ranged from a low of 3.77 to a high of 10.43. The Capital Markets industry median ROA % is 1.50. B3 - Brasil Bolsa Balcao's value of 12.17% is 714% above this industry median. Based on the distribution chart, B3 - Brasil Bolsa Balcao ranks #115 out of 816 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, B3 - Brasil Bolsa Balcao has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does B3 - Brasil Bolsa Balcao's ROA % compare to SPGI and CME?
According to the Capital Markets industry distribution chart, B3 - Brasil Bolsa Balcao ranks #115 out of 816 companies for ROA %. This places B3 - Brasil Bolsa Balcao in the top 14% of its industry — outperforming the majority of peers. The industry median ROA % is 1.50. B3 - Brasil Bolsa Balcao's value of 12.17% is 714% above this benchmark. Historically, B3 - Brasil Bolsa Balcao's own ROA % has ranged from 3.77 to 10.43 over the past decade. While the company's 10-year median is 8.49 vs. the industry median of 1.50, B3 - Brasil Bolsa Balcao 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 ROA % for a Capital Markets company?
The median ROA % among Capital Markets companies is 1.50, based on 816 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. B3 - Brasil Bolsa Balcao's current ROA % of 12.17% is 714% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on B3 - Brasil Bolsa Balcao and its competitors. For the Capital Markets industry, the median ROA % is 1.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. B3 - Brasil Bolsa Balcao's current ROA % is 12.17%, which is 43% above median its own 10-year median of 8.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B3 - Brasil Bolsa Balcao stock overvalued right now?
Based on GuruFocus' analysis, B3 - Brasil Bolsa Balcao (BSP:B3SA3) is currently considered Fairly Valued. The stock's GF Value™ is R$16.41, compared to a current price of R$14.92 — trading 9.1% below its estimated fair value. The current ROA % is 12.17%, which is 43% above median its 10-year median of 8.49 and 714% above the Capital Markets industry median of 1.50. B3 - Brasil Bolsa Balcao's overall GF Score™ is 88/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For B3 - Brasil Bolsa Balcao (BSP:B3SA3), the current ROA % is 12.17% 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 B3 - Brasil Bolsa Balcao (BSP:B3SA3) Overvalued in 2026?
Based on GuruFocus' analysis, B3 - Brasil Bolsa Balcao stock appears to be undervalued.
The current stock price of R$14.92 is trading 9.1% below its estimated GF Value™ of R$16.41.
GuruFocus considers B3 - Brasil Bolsa Balcao to be Fairly Valued.
Key valuation signals for BSP:B3SA3:
ROA %: 12.17% (43% above median its 10-year median of 8.49)
GF Value™: R$16.41 vs. price of R$14.92 (9.1% below fair value)
Industry Position: 714% above the Capital Markets median (#115 of 816)
No single metric tells the full story. See the BSP:B3SA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
B3 SA - Brasil Bolsa Balcao is a financial market exchange. Its services consist of trading, clearing, and other post-trade services. The company's activities are carried out through its trading systems and clearinghouses and include transactions with securities, interbank foreign exchange, and securities under custody in the special system for settlement and custody. The company's segment involves: Markets, Data Analytics Solutions (Trillia), Capital Market Solutions and Technology & Platforms . It derives maximum revenue from the Technology & Platforms Segment.
88GF Score
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