Construtora TendaBSP:TEND3 +2.52%68 3-Year ROIIC % is 54.80 as of Dec. 2025, which is 293% above its 10-year median of 13.96. GuruFocus rates BSP:TEND3 with a GF Score™ of 68/100 and a GF Value™ of R$20.80 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 1,664 Real Estate companies, Construtora Tenda ranks better than 92.97% 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.
Construtora Tenda's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 54.80%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Construtora Tenda's 3-Year ROIIC % or its related term are showing as below:
BSP:TEND3's 3-Year ROIIC % is ranked better than 92.97% of 1664
companies
in the Real Estate industry
Industry Median: 2.35
vs BSP:TEND3: 54.80
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.
Construtora Tenda 3-Year ROIIC % Related Terms
Construtora Tenda 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Construtora Tenda'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.
For the Real Estate - Development subindustry, Construtora Tenda'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.
Construtora Tenda 3-Year ROIIC % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Construtora Tenda's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Construtora Tenda's 3-Year ROIIC % falls into.
Construtora Tenda'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**
=
( 531.877752 (Dec. 2025) - -211.934 (Dec. 2022) )
/
( 4311.293 (Dec. 2025) - 2953.995 (Dec. 2022) )
=
743.811752
/
1357.298
=
54.80%***
* 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.
Construtora Tenda (BSP:TEND3) has a 3-Year ROIIC % of 54.80 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 Construtora Tenda and its competitors. This is 293% above median its historical median of 13.96. According to the industry distribution chart, Construtora Tenda ranks #117 out of 1664 companies in the Real Estate industry, placing it in the top 7%.
Is Construtora Tenda's 3-Year ROIIC % too high?
Construtora Tenda's current 3-Year ROIIC % of 54.80 is 293% above median its 10-year median of 13.96. The Real Estate industry median 3-Year ROIIC % is 2.35. Construtora Tenda's value of 54.80 is 2231.9% above this industry median. Based on the distribution chart, Construtora Tenda ranks #117 out of 1664 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Construtora Tenda has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Construtora Tenda's 3-Year ROIIC % compare to competitors?
According to the Real Estate industry distribution chart, Construtora Tenda ranks #117 out of 1664 companies for 3-Year ROIIC %. This places Construtora Tenda in the top 7% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 2.35. Construtora Tenda's value of 54.80 is 2231.9% above this benchmark. While the company's 10-year median is 13.96 vs. the industry median of 2.35, Construtora Tenda 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 2.35, based on 1,664 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. Construtora Tenda's current 3-Year ROIIC % of 54.80 is 2231.9% 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 Construtora Tenda and its competitors. For the Real Estate industry, the median 3-Year ROIIC % is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Construtora Tenda's current 3-Year ROIIC % is 54.80, which is 293% above median its own 10-year median of 13.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Construtora Tenda stock overvalued right now?
Based on GuruFocus' analysis, Construtora Tenda (BSP:TEND3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$20.80, compared to a current price of R$35.36 — trading 70% above its estimated fair value. The current 3-Year ROIIC % is 54.80, which is 293% above median its 10-year median of 13.96 and 2231.9% above the Real Estate industry median of 2.35. Construtora Tenda's 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 Construtora Tenda (BSP:TEND3), the current 3-Year ROIIC % is 54.80 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 Construtora Tenda (BSP:TEND3) Overvalued in 2026?
Based on GuruFocus' analysis, Construtora Tenda stock appears to be overvalued.
The current stock price of R$35.36 is trading 70% above its estimated GF Value™ of R$20.80.
GuruFocus considers Construtora Tenda to be Significantly Overvalued.
Key valuation signals for BSP:TEND3:
3-Year ROIIC %: 54.80 (293% above median its 10-year median of 13.96)
GF Value™: R$20.80 vs. price of R$35.36 (70% above fair value)
Industry Position: 2231.9% above the Real Estate median (#117 of 1664)
No single metric tells the full story. See the BSP:TEND3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Construtora Tenda SA is engaged in the performance of general construction works: the merger of property; the purchase and sale of properties; providing construction management services; intermediating the sale of consortium shares; and participation in other companies. Subsidiaries share the managerial, operating structures, and corporate costs. The SPEs are exclusively engaged in real estate operations and are linked to specific projects. The company focuses on affordable housing which allows it to pursue scale gains and continuous improvement. It has a single SKU for no-elevator buildings. It has two segments On-site and Off-site.
68GF Score
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