HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) ROCE %: 2.94% (As of Mar. 2026)


BSP:HBRE3 HBR Realty Empreendimentos Imobiliarios SA BSP:HBRE3
68 GF Score
Price R$2.60
GF Value R$16.49
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is HBR Realty Empreendimentos Imobiliarios ROCE %?

HBR Realty Empreendimentos Imobiliarios BSP:HBRE3 +1.56% 68 ROCE % is 2.94% as of Mar. 2026. GuruFocus rates BSP:HBRE3 with a GF Score™ of 68/100 and a GF Value™ of R$16.49 (Possible Value Trap). The stock has 7 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. HBR Realty Empreendimentos Imobiliarios's annualized ROCE % for the quarter that ended in Mar. 2026 was 2.94%.


HBR Realty Empreendimentos Imobiliarios  (BSP:HBRE3) 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.


HBR Realty Empreendimentos Imobiliarios ROCE % Related Terms


HBR Realty Empreendimentos Imobiliarios ROCE % Historical Data

* Premium members only.

The historical data trend for HBR Realty Empreendimentos Imobiliarios'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.

HBR Realty Empreendimentos Imobiliarios ROCE % Chart

HBR Realty Empreendimentos Imobiliarios Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial 11.33 7.01 10.98 6.44 7.37

HBR Realty Empreendimentos Imobiliarios 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 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 1.41 1.99 2.00 24.30 2.94
BSP:HBRE3
68GF Score
HBR Realty Empreendimentos Imobiliarios SA BSP:HBRE3
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HBR Realty Empreendimentos Imobiliarios ROCE % Calculation

HBR Realty Empreendimentos Imobiliarios'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 )
=350.392/( ( (5090.774 - 295.188) + (5089.275 - 377.262) )/ 2 )
=350.392/( (4795.586+4712.013)/ 2 )
=350.392/4753.7995
=7.37 %

HBR Realty Empreendimentos Imobiliarios'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 )
=132.72/( ( (5089.275 - 377.262) + (4889.228 - 586.198) )/ 2 )
=132.72/( ( 4712.013 + 4303.03 )/ 2 )
=132.72/4507.5215
=2.94 %

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

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 2.94% mean?
HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) has a ROCE % of 2.94% as of Mar. 2026.
Is HBR Realty Empreendimentos Imobiliarios' ROCE % too high?
HBR Realty Empreendimentos Imobiliarios' current ROCE % is 2.94%. The Real Estate industry median ROCE % is 4.66. HBR Realty Empreendimentos Imobiliarios' value of 2.94% is 36.9% below this industry median. Overall, HBR Realty Empreendimentos Imobiliarios has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HBR Realty Empreendimentos Imobiliarios' ROCE % compare to CBRE and BEKE?
HBR Realty Empreendimentos Imobiliarios' ROCE % of 2.94% can be compared against companies in the Real Estate industry. The industry median ROCE % is 4.66. HBR Realty Empreendimentos Imobiliarios' value of 2.94% is 36.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Real Estate company?
The median ROCE % among Real Estate companies is 4.66, based on 1,757 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. HBR Realty Empreendimentos Imobiliarios's current ROCE % of 2.94% is 36.9% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Real Estate industry, the median ROCE % is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HBR Realty Empreendimentos Imobiliarios's current ROCE % is 2.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HBR Realty Empreendimentos Imobiliarios stock overvalued right now?
Based on GuruFocus' analysis, HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) is currently considered Possible Value Trap. The stock's GF Value™ is R$16.49, compared to a current price of R$2.60 — trading 84.2% below its estimated fair value. The current ROCE % is 2.94% and 36.9% below the Real Estate industry median of 4.66. HBR Realty Empreendimentos Imobiliarios' overall GF Score™ is 68/100 with 7 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 HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3), the current ROCE % is 2.94% 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 HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) Overvalued in 2026?

Based on GuruFocus' analysis, HBR Realty Empreendimentos Imobiliarios stock appears to be undervalued. The current stock price of R$2.60 is trading 84.2% below its estimated GF Value™ of R$16.49. GuruFocus considers HBR Realty Empreendimentos Imobiliarios to be Possible Value Trap.

Key valuation signals for BSP:HBRE3:

  • ROCE %: 2.94%
  • GF Value™: R$16.49 vs. price of R$2.60 (84.2% below fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 36.9% below the Real Estate median

No single metric tells the full story. See the BSP:HBRE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HBR Realty Empreendimentos Imobiliarios Business Description

Address Avenida Vereador Narciso Yague Guimaraes, 1.145, 2nd Floor, Jardim Arenia, Helbor Concept- Edificio Corporate, Mogi das Cruzes, SP, BRA, CEP 08780-500
HBR Realty Empreendimentos Imobiliarios SA operates in the real estate development and management division. The company's business is focused on urban properties, distributed over four main platforms that house the developed and developing asset classes. These platforms are ComVem, HBR3A, HBR Malls, and HBR Opportunities. ComVem is a platform dedicated towards the development and administration of convenience centers; the HBR 3A platform is dedicated to the development and management of corporate buildings; the HBR Malls platform is dedicated to the acquisition, development, and management of shopping centers; and HBR Opportunities platform brings together assets of various classes, such as built to suits, development, and management of hotels, parking lots, and others.
68GF Score

Get the complete analysis for BSP:HBRE3

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$2.60
Price
R$16.49
GF Value