Even Construtora Eorporadora (BSP:EVEN3) ROE %: 6.83% (As of Mar. 2026) — 74% Above Median


BSP:EVEN3 Even Construtora E Incorporadora SA BSP:EVEN3
71 GF Score
Price R$5.68
GF Value R$15.32
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Even Construtora Eorporadora ROE %?

Even Construtora Eorporadora BSP:EVEN3 -1.39% 71 ROE % is 6.83% as of Mar. 2026, which is 74% above its 10-year median of 3.92. GuruFocus rates BSP:EVEN3 with a GF Score™ of 71/100 and a GF Value™ of R$15.32 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,731 Real Estate companies, Even Construtora Eorporadora ranks better than 77.47% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Even Construtora Eorporadora's annualized net income for the quarter that ended in Mar. 2026 was R$130 Mil. Even Construtora Eorporadora's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was R$1,904 Mil. Therefore, Even Construtora Eorporadora's annualized ROE % for the quarter that ended in Mar. 2026 was 6.83%.

The historical rank and industry rank for Even Construtora Eorporadora's ROE % or its related term are showing as below:

BSP:EVEN3' s ROE % Range Over the Past 10 Years
Min: -17.67   Med: 3.92   Max: 12.96
Current: 11.3

During the past 13 years, Even Construtora Eorporadora's highest ROE % was 12.96%. The lowest was -17.67%. And the median was 3.92%.

BSP:EVEN3's ROE % is ranked better than
77.47% of 1731 companies
in the Real Estate industry
Industry Median: 3.92 vs BSP:EVEN3: 11.30

Even Construtora Eorporadora  (BSP:EVEN3) 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:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=130.036/1903.9635
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(130.036 / 1320.768)*(1320.768 / 5253.3465)*(5253.3465 / 1903.9635)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.85 %*0.2514*2.7592
=ROA %*Equity Multiplier
=2.48 %*2.7592
=6.83 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=130.036/1903.9635
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (130.036 / 206.372) * (206.372 / 105.544) * (105.544 / 1320.768) * (1320.768 / 5253.3465) * (5253.3465 / 1903.9635)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6301 * 1.9553 * 7.99 % * 0.2514 * 2.7592
=6.83 %

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.


Even Construtora Eorporadora ROE % Related Terms


Even Construtora Eorporadora ROE % Historical Data

* Premium members only.

The historical data trend for Even Construtora Eorporadora'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.

Even Construtora Eorporadora ROE % Chart

Even Construtora Eorporadora Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.96 5.59 11.19 2.25 12.92

Even Construtora Eorporadora Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 11.70 10.34 18.58 9.30 6.83

Even Construtora Eorporadora ROE % Competitor Comparison

For the Real Estate - Development subindustry, Even Construtora Eorporadora'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.


Even Construtora Eorporadora ROE % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Even Construtora Eorporadora's ROE % distribution charts can be found below:

* The bar in red indicates where Even Construtora Eorporadora's ROE % falls into.


BSP:EVEN3
71GF Score
Even Construtora E Incorporadora SA BSP:EVEN3
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Even Construtora Eorporadora ROE % Calculation

Even Construtora Eorporadora's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=237.691/( (1799.389+1880.417)/ 2 )
=237.691/1839.903
=12.92 %

Even Construtora Eorporadora's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=130.036/( (1880.417+1927.51)/ 2 )
=130.036/1903.9635
=6.83 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 6.83% mean?
Even Construtora Eorporadora (BSP:EVEN3) has a ROE % of 6.83% 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 Even Construtora Eorporadora and its competitors. This is 74% above median its historical median of 3.92. According to the industry distribution chart, Even Construtora Eorporadora ranks #390 out of 1731 companies in the Real Estate industry, placing it in the top 22.5%.
Is Even Construtora Eorporadora's ROE % too high?
Even Construtora Eorporadora's current ROE % of 6.83% is 74% above median its 10-year median of 3.92. The Real Estate industry median ROE % is 3.92. Even Construtora Eorporadora's value of 6.83% is 74.2% above this industry median. Based on the distribution chart, Even Construtora Eorporadora ranks #390 out of 1731 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Even Construtora Eorporadora has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Even Construtora Eorporadora's ROE % compare to competitors?
According to the Real Estate industry distribution chart, Even Construtora Eorporadora ranks #390 out of 1731 companies for ROE %. This places Even Construtora Eorporadora in the top 23% of its industry — outperforming the majority of peers. The industry median ROE % is 3.92. Even Construtora Eorporadora's value of 6.83% is 74.2% above this benchmark. While the company's 10-year median is 3.92 vs. the industry median of 3.92, Even Construtora Eorporadora has consistently been above the industry average. 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 Real Estate company?
The median ROE % among Real Estate companies is 3.92, based on 1,731 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. Even Construtora Eorporadora's current ROE % of 6.83% is 74.2% 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 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 Even Construtora Eorporadora and its competitors. For the Real Estate industry, the median ROE % is 3.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Even Construtora Eorporadora's current ROE % is 6.83%, which is 74% above median its own 10-year median of 3.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Even Construtora Eorporadora stock overvalued right now?
Based on GuruFocus' analysis, Even Construtora Eorporadora (BSP:EVEN3) is currently considered Possible Value Trap. The stock's GF Value™ is R$15.32, compared to a current price of R$5.68 — trading 62.9% below its estimated fair value. The current ROE % is 6.83%, which is 74% above median its 10-year median of 3.92 and 74.2% above the Real Estate industry median of 3.92. Even Construtora Eorporadora's overall GF Score™ is 71/100 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 Even Construtora Eorporadora (BSP:EVEN3), the current ROE % is 6.83% 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 Even Construtora Eorporadora (BSP:EVEN3) Overvalued in 2026?

Based on GuruFocus' analysis, Even Construtora Eorporadora stock appears to be undervalued. The current stock price of R$5.68 is trading 62.9% below its estimated GF Value™ of R$15.32. GuruFocus considers Even Construtora Eorporadora to be Possible Value Trap.

Key valuation signals for BSP:EVEN3:

  • ROE %: 6.83% (74% above median its 10-year median of 3.92)
  • GF Value™: R$15.32 vs. price of R$5.68 (62.9% below fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 74.2% above the Real Estate median (#390 of 1731)

No single metric tells the full story. See the BSP:EVEN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Even Construtora Eorporadora Business Description

Address Rua Hungria, 1400 - 3rd Floor Garden America, Sao Paulo, SP, BRA, 01455000
Even Construtora E Incorporadora SA engages in residential property development. The firm develops residential building projects and also offers commercial properties. It is involved in site prospecting, property development, brokerage and project construction activities. Geographically, the company mainly operates in following segments: States of Sao Paulo, Rio de Janeiro and the Rio Grande do Sul and Other Markets. The States of Sao Paulo segment accounts for the majority of the firm's revenue.
71GF Score

Get the complete analysis for BSP:EVEN3

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

R$5.68
Price
R$15.32
GF Value