Taurus Armas (BSP:TASA3) ROE %: -12.03% (As of Mar. 2026)


BSP:TASA3 Taurus Armas SA BSP:TASA3
59 GF Score
Price R$5.34
GF Value R$7.61
Valuation Possible Value Trap
! 8 Warning Signs
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What is Taurus Armas ROE %?

Taurus Armas BSP:TASA3 +0.75% 59 ROE % is -12.03% as of Mar. 2026. GuruFocus rates BSP:TASA3 with a GF Score™ of 59/100 and a GF Value™ of R$7.61 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 347 Aerospace & Defense companies, Taurus Armas ranks worse than 72.33% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Taurus Armas's annualized net income for the quarter that ended in Mar. 2026 was R$-146 Mil. Taurus Armas's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was R$1,217 Mil. Therefore, Taurus Armas's annualized ROE % for the quarter that ended in Mar. 2026 was -12.03%.

The historical rank and industry rank for Taurus Armas's ROE % or its related term are showing as below:

BSP:TASA3' s ROE % Range Over the Past 10 Years
Min: -3   Med: 14.44   Max: 158.9
Current: -3

During the past 13 years, Taurus Armas's highest ROE % was 158.90%. The lowest was -3.00%. And the median was 14.44%.

BSP:TASA3's ROE % is ranked worse than
72.33% of 347 companies
in the Aerospace & Defense industry
Industry Median: 5.91 vs BSP:TASA3: -3.00

Taurus Armas  (BSP:TASA3) 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
=-146.472/1217.477
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-146.472 / 1419.668)*(1419.668 / 2530.3635)*(2530.3635 / 1217.477)
=Net Margin %*Asset Turnover*Equity Multiplier
=-10.32 %*0.5611*2.0784
=ROA %*Equity Multiplier
=-5.79 %*2.0784
=-12.03 %

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
=-146.472/1217.477
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-146.472 / -110.056) * (-110.056 / -148.992) * (-148.992 / 1419.668) * (1419.668 / 2530.3635) * (2530.3635 / 1217.477)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.3309 * 0.7387 * -10.49 % * 0.5611 * 2.0784
=-12.03 %

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.


Taurus Armas ROE % Related Terms


Taurus Armas ROE % Historical Data

* Premium members only.

The historical data trend for Taurus Armas'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.

Taurus Armas ROE % Chart

Taurus Armas 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 158.90 58.38 14.44 6.42 1.39

Taurus Armas 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 5.82 10.43 9.80 -20.64 -12.03

BSP:TASA3 vs GE, RTX, BA: ROE % Comparison

For the Aerospace & Defense subindustry, Taurus Armas'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.


Taurus Armas ROE % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Taurus Armas's ROE % distribution charts can be found below:

* The bar in red indicates where Taurus Armas's ROE % falls into.


BSP:TASA3
59GF Score
Taurus Armas SA BSP:TASA3
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taurus Armas ROE % Calculation

Taurus Armas'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 )
=17.673/( (1294.361+1247.453)/ 2 )
=17.673/1270.907
=1.39 %

Taurus Armas'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 )
=-146.472/( (1247.453+1187.501)/ 2 )
=-146.472/1217.477
=-12.03 %

* 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 -12.03% mean?
Taurus Armas (BSP:TASA3) has a ROE % of -12.03% 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 Taurus Armas and its competitors. According to the industry distribution chart, Taurus Armas ranks #251 out of 347 companies in the Aerospace & Defense industry, placing it in the top 72.3%.
Is Taurus Armas' ROE % too high?
Taurus Armas' current ROE % is -12.03%. Based on the distribution chart, Taurus Armas ranks #251 out of 347 companies in the Aerospace & Defense industry, which is below the industry midpoint. Overall, Taurus Armas has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Taurus Armas' ROE % compare to GE and RTX?
According to the Aerospace & Defense industry distribution chart, Taurus Armas ranks #251 out of 347 companies for ROE %. This places Taurus Armas in the lower half of its industry. The industry median ROE % is 5.91. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Aerospace & Defense company?
The median ROE % among Aerospace & Defense companies is 5.91, based on 347 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 Taurus Armas and its competitors. For the Aerospace & Defense industry, the median ROE % is 5.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taurus Armas's current ROE % is -12.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taurus Armas stock overvalued right now?
Based on GuruFocus' analysis, Taurus Armas (BSP:TASA3) is currently considered Possible Value Trap. The stock's GF Value™ is R$7.61, compared to a current price of R$5.34 — trading 29.8% below its estimated fair value. The current ROE % is -12.03%. Taurus Armas' overall GF Score™ is 59/100 with 8 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 Taurus Armas (BSP:TASA3), the current ROE % is -12.03% 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 Taurus Armas (BSP:TASA3) Overvalued in 2026?

Based on GuruFocus' analysis, Taurus Armas stock appears to be undervalued. The current stock price of R$5.34 is trading 29.8% below its estimated GF Value™ of R$7.61. GuruFocus considers Taurus Armas to be Possible Value Trap.

Key valuation signals for BSP:TASA3:

  • ROE %: -12.03%
  • GF Value™: R$7.61 vs. price of R$5.34 (29.8% below fair value)
  • GF Score™: 59/100 with 8 warning signs

No single metric tells the full story. See the BSP:TASA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taurus Armas Business Description

Other Exchanges TASA4:Brazil
Address Avenida Sao Borja, Floor 2181, Building A - Fazenda Sao Borja, Sao Leopoldo, RS, BRA, 93035-411
Taurus Armas SA is engaged in the manufacturing of small firearms and related products. The company has two main operating segments: Firearms and Accessories, Helmets, and Other. The Firearms and Accessories segment includes the production of firearms and related components, including Metal Injection Molding (MIM) operations, which are integrated into this segment. The Helmets segment is involved in the manufacturing of helmets through injection, coating, sewing, and assembly processes. It has three manufacturing plants, two in Brazil, located in the States of Rio Grande do Sul and Parana, and another in Bainbridge, Georgia, United States. It generates the majority of its revenue from the Firearms and Accessories segment.
59GF Score

Get the complete analysis for BSP:TASA3

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

R$5.34
Price
R$7.61
GF Value