Construtora Tenda (BSP:TEND3) ROCE %: 21.74% (As of Mar. 2026)


BSP:TEND3 Construtora Tenda SA BSP:TEND3
68 GF Score
Price R$36.16
GF Value R$20.57
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Construtora Tenda ROCE %?

Construtora Tenda BSP:TEND3 +3.31% 68 ROCE % is 21.74% as of Mar. 2026. GuruFocus rates BSP:TEND3 with a GF Score™ of 68/100 and a GF Value™ of R$20.57 (Significantly Overvalued). 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. Construtora Tenda's annualized ROCE % for the quarter that ended in Mar. 2026 was 21.74%.

Construtora Tenda  (BSP:TEND3) 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.

Construtora Tenda ROCE % Related Terms

Construtora Tenda ROCE % Historical Data

* Premium members only.

The historical data trend for Construtora Tenda'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.

Construtora Tenda ROCE % Chart

Construtora Tenda Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.82 -9.47 3.19 8.00 16.27

Construtora Tenda 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 15.54 25.39 14.36 14.11 21.74
BSP:TEND3
68GF Score
Construtora Tenda SA BSP:TEND3
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Construtora Tenda ROCE % Calculation

Construtora Tenda'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 )
=656.666/( ( (5348.937 - 1951.017) + (6625.534 - 1953.256) )/ 2 )
=656.666/( (3397.92+4672.278)/ 2 )
=656.666/4035.099
=16.27 %

Construtora Tenda'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 )
=1054.804/( ( (6625.534 - 1953.256) + (7096.36 - 2065.153) )/ 2 )
=1054.804/( ( 4672.278 + 5031.207 )/ 2 )
=1054.804/4851.7425
=21.74 %

(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 21.74% mean?
Construtora Tenda (BSP:TEND3) has a ROCE % of 21.74% as of Mar. 2026.
Is Construtora Tenda's ROCE % too high?
Construtora Tenda's current ROCE % is 21.74%. The Real Estate industry median ROCE % is 4.66. Construtora Tenda's value of 21.74% is 366.5% above this industry median. Overall, Construtora Tenda has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Construtora Tenda's ROCE % compare to competitors?
Construtora Tenda's ROCE % of 21.74% can be compared against companies in the Real Estate industry. The industry median ROCE % is 4.66. Construtora Tenda's value of 21.74% is 366.5% above 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. Construtora Tenda's current ROCE % of 21.74% is 366.5% 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 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. Construtora Tenda's current ROCE % is 21.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Construtora Tenda stock overvalued right now?
Based on GuruFocus' analysis, Construtora Tenda (BSP:TEND3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$20.57, compared to a current price of R$36.16 — trading 75.8% above its estimated fair value. The current ROCE % is 21.74% and 366.5% above the Real Estate industry median of 4.66. Construtora Tenda's 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 Construtora Tenda (BSP:TEND3), the current ROCE % is 21.74% 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 Construtora Tenda (BSP:TEND3) Overvalued in 2026?

Based on GuruFocus' analysis, Construtora Tenda stock appears to be overvalued. The current stock price of R$36.16 is trading 75.8% above its estimated GF Value™ of R$20.57. GuruFocus considers Construtora Tenda to be Significantly Overvalued.

Key valuation signals for BSP:TEND3:

  • ROCE %: 21.74%
  • GF Value™: R$20.57 vs. price of R$36.16 (75.8% above fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 366.5% above the Real Estate median

No single metric tells the full story. See the BSP:TEND3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Construtora Tenda Business Description

Address Rua Boa Vista, 280, Sao Paulo, SP, BRA, 01010-001
Construtora Tenda SA is engaged in the performance of general construction works: the merger of property; the purchase and sale of properties; providing construction management services; intermediating the sale of consortium shares; and participation in other companies. Subsidiaries share the managerial, operating structures, and corporate costs. The SPEs are exclusively engaged in real estate operations and are linked to specific projects. The company focuses on affordable housing which allows it to pursue scale gains and continuous improvement. It has a single SKU for no-elevator buildings. It has two segments On-site and Off-site.
68GF Score

Get the complete analysis for BSP:TEND3

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

R$36.16
Price
R$20.57
GF Value