Brava Energia (BSP:BRAV3) ROCE %: -0.26% (As of Mar. 2026)

What is Brava Energia ROCE %?

Brava Energia BSP:BRAV3 -0.05% 66 ROCE % is -0.26% as of Mar. 2026. GuruFocus rates BSP:BRAV3 with a GF Score™ of 66/100 and a GF Value™ of R$20.34 (Fairly Valued). The stock has 8 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Brava Energia's annualized ROCE % for the quarter that ended in Mar. 2026 was -0.26%.

Brava Energia (BSP:BRAV3) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Brava Energia ROCE % Related Terms

Brava Energia ROCE % Historical Data

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The historical data trend for Brava Energia's ROCE % 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.

Brava Energia ROCE % Chart

Brava Energia Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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4.53

9.88

10.79

-0.40

9.32

Brava Energia Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															17.08	22.71	1.54	-3.42	-0.26

66GF Score

Brava Energia SA BSP:BRAV3

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Brava Energia ROCE % Calculation

Brava Energia's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	3539.052	/	( ( (44463.747 - 5438.248)	+	(42708.275 - 5778.076) )	/ 2 )
	=	3539.052	/	( (39025.499	+	36930.199)	/ 2 )
	=	3539.052	/	37977.849
	=	9.32 %

Brava Energia's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	-93.092	/	( ( (42708.275 - 5778.076)	+	(42610.142 - 7332.869) )	/ 2 )
	=	-93.092	/	( ( 36930.199	+	35277.273 )	/ 2 )
	=	-93.092	/	36103.736
	=	-0.26 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -0.26% mean?

Brava Energia (BSP:BRAV3) has a ROCE % of -0.26% as of Mar. 2026.

Is Brava Energia's ROCE % too high?

Brava Energia's current ROCE % is -0.26%. Overall, Brava Energia has a GF Score™ of 66/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Brava Energia's ROCE % compare to COP and EOG?

Brava Energia's ROCE % of -0.26% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for an Oil & Gas company?

The median ROCE % among Oil & Gas companies is 6.79, based on 977 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % 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 ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median ROCE % is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brava Energia's current ROCE % is -0.26%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Brava Energia stock overvalued right now?

Based on GuruFocus' analysis, Brava Energia (BSP:BRAV3) is currently considered Fairly Valued. The stock's GF Value™ is R$20.34, compared to a current price of R$19.21 — trading 5.6% below its estimated fair value. The current ROCE % is -0.26%. Brava Energia's overall GF Score™ is 66/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Brava Energia (BSP:BRAV3), the current ROCE % is -0.26% 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 Brava Energia (BSP:BRAV3) Overvalued in 2026?

Based on GuruFocus' analysis, Brava Energia stock appears to be undervalued. The current stock price of R$19.21 is trading 5.6% below its estimated GF Value™ of R$20.34. GuruFocus considers Brava Energia to be Fairly Valued.

Key valuation signals for BSP:BRAV3:

ROCE %: -0.26%
GF Value™: R$20.34 vs. price of R$19.21 (5.6% below fair value)
GF Score™: 66/100 with 8 warning signs

No single metric tells the full story. See the BSP:BRAV3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Brava Energia Business Description

Industry Energy Oil & Gas

Comparable Companies BSP:RECV3 BSP:AZTE3 HKSE:00883 COP TSX:CNQ EOG OXY FANG DVN ASX:WDS EQT TPL TSE:1605 OSL:AKRBP EXE ASX:STO TSX:TOU BKK:PTTEP PR OVV

Other Exchanges BVENY:USA

Address Praia de Botafogo, 186, 16th Floor, Botafogo, Rio de Janeiro, RJ, BRA, 22250-145

Website https://www.bravaenergia.com

Brava Energia SA is engaged in the oil and gas sector with a focus on the redevelopment of mature production fields located onshore, in shallow waters, and offshore. The company operates in the following business segments: Exploration and Production (E&P), Mid and Downstream, and Corporate and other businesses. Maximum revenue is generated from the Exploration and Production segment, which includes oil and gas exploration and production activities in Brazil, including production development. This segment generates revenue mainly from the sale of oil and gas. The Mid and Downstream segment includes the activities of refining, logistics, transportation, acquisition, and export of crude oil, as well as the purchase and sale of oil and gas derivatives in Brazil.

66GF Score

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R$19.21

Price

R$20.34

GF Value

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