Tegma Gestao Logistica (BSP:TGMA3) ROCE %: 24.55% (As of Mar. 2026)


BSP:TGMA3 Tegma Gestao Logistica SA BSP:TGMA3
93 GF Score
Price R$30.44
GF Value R$37.69
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Tegma Gestao Logistica ROCE %?

Tegma Gestao Logistica BSP:TGMA3 +1.70% 93 ROCE % is 24.55% as of Mar. 2026. GuruFocus rates BSP:TGMA3 with a GF Score™ of 93/100 and a GF Value™ of R$37.69 (Modestly Undervalued). The stock has 3 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. Tegma Gestao Logistica's annualized ROCE % for the quarter that ended in Mar. 2026 was 24.55%.

Tegma Gestao Logistica  (BSP:TGMA3) 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.

Tegma Gestao Logistica ROCE % Related Terms

Tegma Gestao Logistica ROCE % Historical Data

* Premium members only.

The historical data trend for Tegma Gestao Logistica'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.

Tegma Gestao Logistica ROCE % Chart

Tegma Gestao Logistica 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 17.00 26.50 27.54 38.60 34.68

Tegma Gestao Logistica 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 25.26 35.38 42.95 29.04 24.55
BSP:TGMA3
93GF Score
Tegma Gestao Logistica SA BSP:TGMA3
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tegma Gestao Logistica ROCE % Calculation

Tegma Gestao Logistica'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 )
=365.745/( ( (1329.394 - 262.914) + (1336.745 - 293.89) )/ 2 )
=365.745/( (1066.48+1042.855)/ 2 )
=365.745/1054.6675
=34.68 %

Tegma Gestao Logistica'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 )
=259.808/( ( (1336.745 - 293.89) + (1366.388 - 292.32) )/ 2 )
=259.808/( ( 1042.855 + 1074.068 )/ 2 )
=259.808/1058.4615
=24.55 %

(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 24.55% mean?
Tegma Gestao Logistica (BSP:TGMA3) has a ROCE % of 24.55% as of Mar. 2026.
Is Tegma Gestao Logistica's ROCE % too high?
Tegma Gestao Logistica's current ROCE % is 24.55%. The Transportation industry median ROCE % is 7.73. Tegma Gestao Logistica's value of 24.55% is 217.6% above this industry median. Overall, Tegma Gestao Logistica has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tegma Gestao Logistica's ROCE % compare to ODFL and XPO?
Tegma Gestao Logistica's ROCE % of 24.55% can be compared against companies in the Transportation industry. The industry median ROCE % is 7.73. Tegma Gestao Logistica's value of 24.55% is 217.6% 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 Transportation company?
The median ROCE % among Transportation companies is 7.73, based on 989 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. Tegma Gestao Logistica's current ROCE % of 24.55% is 217.6% 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 Transportation industry, the median ROCE % is 7.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tegma Gestao Logistica's current ROCE % is 24.55%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tegma Gestao Logistica stock overvalued right now?
Based on GuruFocus' analysis, Tegma Gestao Logistica (BSP:TGMA3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$37.69, compared to a current price of R$30.44 — trading 19.2% below its estimated fair value. The current ROCE % is 24.55% and 217.6% above the Transportation industry median of 7.73. Tegma Gestao Logistica's overall GF Score™ is 93/100 with 3 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 Tegma Gestao Logistica (BSP:TGMA3), the current ROCE % is 24.55% 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 Tegma Gestao Logistica (BSP:TGMA3) Overvalued in 2026?

Based on GuruFocus' analysis, Tegma Gestao Logistica stock appears to be undervalued. The current stock price of R$30.44 is trading 19.2% below its estimated GF Value™ of R$37.69. GuruFocus considers Tegma Gestao Logistica to be Modestly Undervalued.

Key valuation signals for BSP:TGMA3:

  • ROCE %: 24.55%
  • GF Value™: R$37.69 vs. price of R$30.44 (19.2% below fair value)
  • GF Score™: 93/100 with 3 warning signs
  • Industry Position: 217.6% above the Transportation median

No single metric tells the full story. See the BSP:TGMA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tegma Gestao Logistica Business Description

Address Avenue Nicola Demarchi 2000, Bairro Demarchi, Sao Bernardo Do Campo, SP, BRA, 9820-655
Tegma Gestao Logistica SA provides logistics, transportation, and warehouse services in Brazil. The company's operating segments include; Automotive logistics and Integrated logistics. The Automotive Logistics division engages in the transportation of vehicles, as well as management of yard; transfer and distribution of vehicle; storage of vehicles; and provision of pre delivery inspection, and center for automotive/multi-brand services. The Integrated Logistics division provides transportation, storage, inventory management, and similar services. It generates maximum revenue from the Automotive Logistics segment.
93GF Score

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

R$30.44
Price
R$37.69
GF Value