Veste Estilo (BSP:VSTE3) ROE %: 4.25% (As of Mar. 2026) — 83% Above Median


BSP:VSTE3 Veste SA Estilo BSP:VSTE3
53 GF Score
Price R$3.74
GF Value R$6.81
Valuation Possible Value Trap
! 4 Warning Signs
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What is Veste Estilo ROE %?

Veste Estilo BSP:VSTE3 53 ROE % is 4.25% as of Mar. 2026, which is 83% above its 10-year median of 2.32. GuruFocus rates BSP:VSTE3 with a GF Score™ of 53/100 and a GF Value™ of R$6.81 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 1,097 Retail - Cyclical companies, Veste Estilo ranks worse than 57.16% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Veste Estilo's annualized net income for the quarter that ended in Mar. 2026 was R$45 Mil. Veste Estilo's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was R$1,071 Mil. Therefore, Veste Estilo's annualized ROE % for the quarter that ended in Mar. 2026 was 4.25%.

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

BSP:VSTE3' s ROE % Range Over the Past 10 Years
Min: -156.7   Med: 2.32   Max: 27.13
Current: 4.85

During the past 13 years, Veste Estilo's highest ROE % was 27.13%. The lowest was -156.70%. And the median was 2.32%.

BSP:VSTE3's ROE % is ranked worse than
57.16% of 1097 companies
in the Retail - Cyclical industry
Industry Median: 6.46 vs BSP:VSTE3: 4.85

Veste Estilo  (BSP:VSTE3) 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
=45.492/1071.2435
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(45.492 / 1218.264)*(1218.264 / 1674.25)*(1674.25 / 1071.2435)
=Net Margin %*Asset Turnover*Equity Multiplier
=3.73 %*0.7276*1.5629
=ROA %*Equity Multiplier
=2.71 %*1.5629
=4.25 %

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
=45.492/1071.2435
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (45.492 / 45.492) * (45.492 / 125.608) * (125.608 / 1218.264) * (1218.264 / 1674.25) * (1674.25 / 1071.2435)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.3622 * 10.31 % * 0.7276 * 1.5629
=4.25 %

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.


Veste Estilo ROE % Related Terms


Veste Estilo ROE % Historical Data

* Premium members only.

The historical data trend for Veste Estilo'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.

Veste Estilo ROE % Chart

Veste Estilo 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 0.00 27.13 2.32 0.06 2.32

Veste Estilo 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 -5.91 6.01 3.02 6.11 4.25

BSP:VSTE3 vs TJX, ROST, BURL: ROE % Comparison

For the Apparel Retail subindustry, Veste Estilo'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.


Veste Estilo ROE % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Veste Estilo's ROE % distribution charts can be found below:

* The bar in red indicates where Veste Estilo's ROE % falls into.


BSP:VSTE3
53GF Score
Veste SA Estilo BSP:VSTE3
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Veste Estilo ROE % Calculation

Veste Estilo'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 )
=24.409/( (1043.284+1065.477)/ 2 )
=24.409/1054.3805
=2.32 %

Veste Estilo'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 )
=45.492/( (1065.477+1077.01)/ 2 )
=45.492/1071.2435
=4.25 %

* 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 4.25% mean?
Veste Estilo (BSP:VSTE3) has a ROE % of 4.25% 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 Veste Estilo and its competitors. This is 83% above median its historical median of 2.32. According to the industry distribution chart, Veste Estilo ranks #627 out of 1097 companies in the Retail - Cyclical industry, placing it in the top 57.2%.
Is Veste Estilo's ROE % too high?
Veste Estilo's current ROE % of 4.25% is 83% above median its 10-year median of 2.32. The Retail - Cyclical industry median ROE % is 6.46. Veste Estilo's value of 4.25% is 34.2% below this industry median. Based on the distribution chart, Veste Estilo ranks #627 out of 1097 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Veste Estilo has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Veste Estilo's ROE % compare to TJX and ROST?
According to the Retail - Cyclical industry distribution chart, Veste Estilo ranks #627 out of 1097 companies for ROE %. This places Veste Estilo in the lower half of its industry. The industry median ROE % is 6.46. Veste Estilo's value of 4.25% is 34.2% below this benchmark. While the company's 10-year median is 2.32 vs. the industry median of 6.46, Veste Estilo has consistently been below 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 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. Veste Estilo's current ROE % of 4.25% is 34.2% below 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 Veste Estilo 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. Veste Estilo's current ROE % is 4.25%, which is 83% above median its own 10-year median of 2.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veste Estilo stock overvalued right now?
Based on GuruFocus' analysis, Veste Estilo (BSP:VSTE3) is currently considered Possible Value Trap. The stock's GF Value™ is R$6.81, compared to a current price of R$3.74 — trading 45.1% below its estimated fair value. The current ROE % is 4.25%, which is 83% above median its 10-year median of 2.32 and 34.2% below the Retail - Cyclical industry median of 6.46. Veste Estilo's overall GF Score™ is 53/100 with 4 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 Veste Estilo (BSP:VSTE3), the current ROE % is 4.25% 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 Veste Estilo (BSP:VSTE3) Overvalued in 2026?

Based on GuruFocus' analysis, Veste Estilo stock appears to be undervalued. The current stock price of R$3.74 is trading 45.1% below its estimated GF Value™ of R$6.81. GuruFocus considers Veste Estilo to be Possible Value Trap.

Key valuation signals for BSP:VSTE3:

  • ROE %: 4.25% (83% above median its 10-year median of 2.32)
  • GF Value™: R$6.81 vs. price of R$3.74 (45.1% below fair value)
  • GF Score™: 53/100 with 4 warning signs
  • Industry Position: 34.2% below the Retail - Cyclical median (#627 of 1097)

No single metric tells the full story. See the BSP:VSTE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Veste Estilo Business Description

Address Rua Othão, 405, Sao Paulo, SP, BRA, 05313-020
Veste SA Estilo is engaged in apparel industry retailers and high-end accessories in Brazil. The Company's main objectives are: development, exploration of the industry, trade, import and export of clothing and clothing accessories and trading in decorative, hygiene and cosmetic objects, among others. It produces clothes, accessories, footwear, and articles for the home, always in line with contemporary lifestyle, bringing joy, elegance, and well-being to customers under its brands Le Lis, Dudalina, john john, Stew, and Individual. The company focuses on designing, developing, manufacturing, and trading apparel and accessories for women and men.
53GF Score

Get the complete analysis for BSP:VSTE3

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

R$3.74
Price
R$6.81
GF Value