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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.
HBR Realty Empreendimentos Imobiliarios's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 4.51%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
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.
HBR Realty Empreendimentos Imobiliarios 3-Year ROIIC % Related Terms
HBR Realty Empreendimentos Imobiliarios 3-Year ROIIC % Historical Data
* 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.
BSP:HBRE3 vs CBRE, BEKE, JLL: 3-Year ROIIC % Comparison
For the Real Estate Services subindustry, HBR Realty 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.
HBR Realty Empreendimentos Imobiliarios 3-Year ROIIC % vs Real Estate Industry
* 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.
HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) has a 3-Year ROIIC % of 4.51 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 HBR Realty Empreendimentos Imobiliarios and its competitors. This is 36% above median its historical median of 3.32. Over the past decade, HBR Realty Empreendimentos Imobiliarios' 3-Year ROIIC % has ranged from 2.12 to 4.51. According to the industry distribution chart, HBR Realty Empreendimentos Imobiliarios ranks #679 out of 1666 companies in the Real Estate industry, placing it in the top 40.8%.
Is HBR Realty Empreendimentos Imobiliarios' 3-Year ROIIC % too high?
HBR Realty Empreendimentos Imobiliarios' current 3-Year ROIIC % of 4.51 is 36% above median its 10-year median of 3.32. Over the past 10 years, this metric has ranged from a low of 2.12 to a high of 4.51. The Real Estate industry median 3-Year ROIIC % is 2.38. HBR Realty Empreendimentos Imobiliarios' value of 4.51 is 89.5% above this industry median. Based on the distribution chart, HBR Realty Empreendimentos Imobiliarios ranks #679 out of 1666 companies in the Real Estate industry, which is above the industry midpoint. Overall, HBR Realty Empreendimentos Imobiliarios has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HBR Realty Empreendimentos Imobiliarios' 3-Year ROIIC % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, HBR Realty Empreendimentos Imobiliarios ranks #679 out of 1666 companies for 3-Year ROIIC %. This puts HBR Realty Empreendimentos Imobiliarios in the upper half of its industry. The industry median 3-Year ROIIC % is 2.38. HBR Realty Empreendimentos Imobiliarios' value of 4.51 is 89.5% above this benchmark. Historically, HBR Realty Empreendimentos Imobiliarios' own 3-Year ROIIC % has ranged from 2.12 to 4.51 over the past decade. While the company's 10-year median is 3.32 vs. the industry median of 2.38, HBR Realty Empreendimentos Imobiliarios 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 3-Year ROIIC % for a Real Estate company?
The median 3-Year ROIIC % among Real Estate companies is 2.38, based on 1,666 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. HBR Realty Empreendimentos Imobiliarios's current 3-Year ROIIC % of 4.51 is 89.5% 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 HBR Realty Empreendimentos Imobiliarios and its competitors. For the Real Estate industry, the median 3-Year ROIIC % is 2.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HBR Realty Empreendimentos Imobiliarios's current 3-Year ROIIC % is 4.51, which is 36% above median its own 10-year median of 3.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HBR Realty Empreendimentos Imobiliarios stock overvalued right now?
Based on GuruFocus' analysis, HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) is currently considered Possible Value Trap. The stock's GF Value™ is R$16.69, compared to a current price of R$2.16 — trading 87.1% below its estimated fair value. The current 3-Year ROIIC % is 4.51, which is 36% above median its 10-year median of 3.32 and 89.5% above the Real Estate industry median of 2.38. HBR Realty Empreendimentos Imobiliarios' overall GF Score™ is 68/100 with 7 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 HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3), the current 3-Year ROIIC % is 4.51 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 HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) Overvalued in 2026?
Based on GuruFocus' analysis, HBR Realty Empreendimentos Imobiliarios stock appears to be undervalued.
The current stock price of R$2.16 is trading 87.1% below its estimated GF Value™ of R$16.69.
GuruFocus considers HBR Realty Empreendimentos Imobiliarios to be Possible Value Trap.
Key valuation signals for BSP:HBRE3:
3-Year ROIIC %: 4.51 (36% above median its 10-year median of 3.32)
GF Value™: R$16.69 vs. price of R$2.16 (87.1% below fair value)
Industry Position: 89.5% above the Real Estate median (#679 of 1666)
No single metric tells the full story. See the BSP:HBRE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HBR Realty Empreendimentos Imobiliarios Business Description
HBR Realty Empreendimentos Imobiliarios SA operates in the real estate development and management division. The company's business is focused on urban properties, distributed over four main platforms that house the developed and developing asset classes. These platforms are ComVem, HBR3A, HBR Malls, and HBR Opportunities. ComVem is a platform dedicated towards the development and administration of convenience centers; the HBR 3A platform is dedicated to the development and management of corporate buildings; the HBR Malls platform is dedicated to the acquisition, development, and management of shopping centers; and HBR Opportunities platform brings together assets of various classes, such as built to suits, development, and management of hotels, parking lots, and others.
68GF Score
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