Fica Empreendimentos Imobiliarios (BSP:FIEI3) 3-Year ROIIC % : 28.14% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:FIEI3 Fica Empreendimentos Imobiliarios SA BSP:FIEI3
29 GF Score
Price R$9.39
GF Value R$4.42
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Fica Empreendimentos Imobiliarios 3-Year ROIIC %?

Fica Empreendimentos Imobiliarios BSP:FIEI3 29 3-Year ROIIC % is 28.14 as of Dec. 2025. GuruFocus rates BSP:FIEI3 with a GF Score™ of 29/100 and a GF Value™ of R$4.42 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,661 Real Estate companies, Fica Empreendimentos Imobiliarios ranks better than 87.66% on this metric.

3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year. Fica Empreendimentos Imobiliarios's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 28.14%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Fica Empreendimentos Imobiliarios's 3-Year ROIIC % or its related term are showing as below:

BSP:FIEI3's 3-Year ROIIC % is ranked better than
87.66% of 1661 companies
in the Real Estate industry
Industry Median: 2.41 vs BSP:FIEI3: 28.14

Fica Empreendimentos Imobiliarios  (BSP:FIEI3) 3-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Fica Empreendimentos Imobiliarios 3-Year ROIIC % Related Terms


Fica Empreendimentos Imobiliarios 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Fica Empreendimentos Imobiliarios's 3-Year ROIIC % 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.

Fica Empreendimentos Imobiliarios 3-Year ROIIC % Chart

Fica Empreendimentos Imobiliarios Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.89 58.11 42.59 -104.21 28.14

Fica Empreendimentos Imobiliarios Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
3-Year ROIIC % 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 -104.21 0.00 0.00 0.00 28.14

Fica Empreendimentos Imobiliarios 3-Year ROIIC % Competitor Comparison

For the Real Estate - Development subindustry, Fica Empreendimentos Imobiliarios's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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.


Fica Empreendimentos Imobiliarios 3-Year ROIIC % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Fica Empreendimentos Imobiliarios's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Fica Empreendimentos Imobiliarios's 3-Year ROIIC % falls into.


BSP:FIEI3
29GF Score
Fica Empreendimentos Imobiliarios SA BSP:FIEI3
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fica Empreendimentos Imobiliarios 3-Year ROIIC % Calculation

Fica Empreendimentos Imobiliarios's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( -5.255 (Dec. 2025) - -9.174 (Dec. 2022) )/( 114.469 (Dec. 2025) - 100.54 (Dec. 2022) )
=3.919/13.929
=28.14%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of 28.14 mean?
Fica Empreendimentos Imobiliarios (BSP:FIEI3) has a 3-Year ROIIC % of 28.14 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Fica Empreendimentos Imobiliarios and its competitors. According to the industry distribution chart, Fica Empreendimentos Imobiliarios ranks #205 out of 1661 companies in the Real Estate industry, placing it in the top 12.3%.
Is Fica Empreendimentos Imobiliarios' 3-Year ROIIC % too high?
Fica Empreendimentos Imobiliarios' current 3-Year ROIIC % is 28.14. The Real Estate industry median 3-Year ROIIC % is 2.41. Fica Empreendimentos Imobiliarios' value of 28.14 is 1067.6% above this industry median. Based on the distribution chart, Fica Empreendimentos Imobiliarios ranks #205 out of 1661 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Fica Empreendimentos Imobiliarios has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fica Empreendimentos Imobiliarios' 3-Year ROIIC % compare to competitors?
According to the Real Estate industry distribution chart, Fica Empreendimentos Imobiliarios ranks #205 out of 1661 companies for 3-Year ROIIC %. This places Fica Empreendimentos Imobiliarios in the top 12% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.41. Fica Empreendimentos Imobiliarios' value of 28.14 is 1067.6% 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 3-Year ROIIC % for a Real Estate company?
The median 3-Year ROIIC % among Real Estate companies is 2.41, based on 1,661 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fica Empreendimentos Imobiliarios's current 3-Year ROIIC % of 28.14 is 1067.6% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Fica Empreendimentos Imobiliarios and its competitors. For the Real Estate industry, the median 3-Year ROIIC % is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fica Empreendimentos Imobiliarios's current 3-Year ROIIC % is 28.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fica Empreendimentos Imobiliarios stock overvalued right now?
Based on GuruFocus' analysis, Fica Empreendimentos Imobiliarios (BSP:FIEI3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$4.42, compared to a current price of R$9.39 — trading 112.4% above its estimated fair value. The current 3-Year ROIIC % is 28.14 and 1067.6% above the Real Estate industry median of 2.41. Fica Empreendimentos Imobiliarios' overall GF Score™ is 29/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Fica Empreendimentos Imobiliarios (BSP:FIEI3), the current 3-Year ROIIC % is 28.14 as of Dec. 2025. 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 Fica Empreendimentos Imobiliarios (BSP:FIEI3) Overvalued in 2026?

Based on GuruFocus' analysis, Fica Empreendimentos Imobiliarios stock appears to be overvalued. The current stock price of R$9.39 is trading 112.4% above its estimated GF Value™ of R$4.42. GuruFocus considers Fica Empreendimentos Imobiliarios to be Significantly Overvalued.

Key valuation signals for BSP:FIEI3:

  • 3-Year ROIIC %: 28.14
  • GF Value™: R$4.42 vs. price of R$9.39 (112.4% above fair value)
  • GF Score™: 29/100 with 6 warning signs
  • Industry Position: 1067.6% above the Real Estate median (#205 of 1661)

No single metric tells the full story. See the BSP:FIEI3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fica Empreendimentos Imobiliarios Business Description

Address Av. Santo Amaro, 48, conj. 62 - Vila Nova Conceicao, São Paulo, SP, BRA, 20070004
Fica Empreendimentos Imobiliarios SA, formerly CR2 Empreendimentos Imobiliarios SA is engaged in the acquisition of property for sale, investment, and development of property projects. The company derives revenue from the development and sale of the property.
29GF Score

Get the complete analysis for BSP:FIEI3

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

R$9.39
Price
R$4.42
GF Value