ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Marisa Lojas's annualized net income for the quarter that ended in Mar. 2026 was R$-383 Mil. Marisa Lojas's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was R$176 Mil. Therefore, Marisa Lojas's annualized ROE % for the quarter that ended in Mar. 2026 was -217.16%.
The historical rank and industry rank for Marisa Lojas's ROE % or its related term are showing as below:
BSP:AMAR3'
s ROE % Range Over the Past 10 Years
Min: -221.54 Med: -16.82 Max: 2.93
Current: -64.55
During the past 13 years, Marisa Lojas's highest ROE % was 2.93%. The lowest was -221.54%. And the median was -16.82%.
BSP:AMAR3's ROE % is ranked worse than 95.72% of 1097
companies
in the Retail - Cyclical industry
Industry Median: 6.46
vs BSP:AMAR3: -64.55
Marisa Lojas (BSP:AMAR3) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Marisa Lojas ROE % Related Terms
Marisa Lojas ROE % Historical Data
* Premium members only.
The historical data trend for Marisa Lojas's ROE % 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.
For the Apparel Retail subindustry, Marisa Lojas's ROE %, along with its competitors' market caps and ROE % 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.
Marisa Lojas ROE % vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Marisa Lojas's ROE % distribution charts can be found below:
* The bar in red indicates where Marisa Lojas's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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.
ROE % is displayed in the 30-year financial page.
Marisa Lojas (BSP:AMAR3) has a ROE % of -217.16% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Marisa Lojas and its competitors. According to the industry distribution chart, Marisa Lojas ranks #1050 out of 1097 companies in the Retail - Cyclical industry, placing it in the top 95.7%.
Is Marisa Lojas' ROE % too high?
Marisa Lojas' current ROE % is -217.16%. Based on the distribution chart, Marisa Lojas ranks #1050 out of 1097 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Marisa Lojas has a GF Score™ of 26/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marisa Lojas' ROE % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Marisa Lojas ranks #1050 out of 1097 companies for ROE %. This places Marisa Lojas in the lower half of its industry. The industry median ROE % is 6.46. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Retail - Cyclical company?
The median ROE % among Retail - Cyclical companies is 6.46, based on 1,097 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Marisa Lojas and its competitors. For the Retail - Cyclical industry, the median ROE % is 6.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marisa Lojas's current ROE % is -217.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marisa Lojas stock overvalued right now?
Based on GuruFocus' analysis, Marisa Lojas (BSP:AMAR3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$0.35, compared to a current price of R$0.65 — trading 85.7% above its estimated fair value. The current ROE % is -217.16%. Marisa Lojas' overall GF Score™ is 26/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Marisa Lojas (BSP:AMAR3), the current ROE % is -217.16% 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 Marisa Lojas (BSP:AMAR3) Overvalued in 2026?
Based on GuruFocus' analysis, Marisa Lojas stock appears to be overvalued.
The current stock price of R$0.65 is trading 85.7% above its estimated GF Value™ of R$0.35.
GuruFocus considers Marisa Lojas to be Significantly Overvalued.
Key valuation signals for BSP:AMAR3:
ROE %: -217.16%
GF Value™: R$0.35 vs. price of R$0.65 (85.7% above fair value)
No single metric tells the full story. See the BSP:AMAR3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marisa Lojas SA is a retail store operator in Brazil. Its stores offer products related to fashion, underwear, footwear, and accessories for women, men, and children. Its products also include beds, tablecloths, children's bathrobes, and towels for home use. The company's income derives from three operating segments. The retail segment, which is the key revenue generator, includes the sale of clothing items, perfumes, beauty products, and watches, in physical stores and e-commerce. The credit card transactions segment is managed by the subsidiary and offered to the company's clients for the credit purchase of products, insurance, and payment of bills. The consumer credit segment offers personal loans to the company's consumers.
26GF Score
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