Hidrovias DO Brasil (BSP:HBSA3) Tax Rate %: -102.07% (As of Mar. 2026)

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:HBSA3 Hidrovias DO Brasil SA BSP:HBSA3
65 GF Score
Price R$3.44
GF Value R$2.69
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Hidrovias DO Brasil Tax Rate %?

Hidrovias DO Brasil BSP:HBSA3 +2.08% 65 Tax Rate % is -102.07% as of Mar. 2026. GuruFocus rates BSP:HBSA3 with a GF Score™ of 65/100 and a GF Value™ of R$2.69 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hidrovias DO Brasil's Tax Expense for the three months ended in Mar. 2026 was R$17 Mil. Hidrovias DO Brasil's Pre-Tax Income for the three months ended in Mar. 2026 was R$-17 Mil. Therefore, Hidrovias DO Brasil's Tax Rate % for the quarter that ended in Mar. 2026 was -102.07%.

Hidrovias DO Brasil Tax Rate % Related Terms

Hidrovias DO Brasil Tax Rate % Historical Data

* Premium members only.

The historical data trend for Hidrovias DO Brasil's Tax Rate % 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.

Hidrovias DO Brasil Tax Rate % Chart

Hidrovias DO Brasil Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.56 109.75 74.77 -0.55 68.54

Hidrovias DO Brasil Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 76.57 22.73 12.53 -58.76 -102.07
BSP:HBSA3
65GF Score
Hidrovias DO Brasil SA BSP:HBSA3
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hidrovias DO Brasil Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Hidrovias DO Brasil's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=131.837/192.343
=68.54 %

Hidrovias DO Brasil's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=17.261/-16.911
=-102.07 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of -102.07% mean?
Hidrovias DO Brasil (BSP:HBSA3) has a Tax Rate % of -102.07% as of Mar. 2026.
Is Hidrovias DO Brasil's Tax Rate % too high?
Hidrovias DO Brasil's current Tax Rate % is -102.07%. Overall, Hidrovias DO Brasil has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hidrovias DO Brasil's Tax Rate % compare to UPS and FDX?
Hidrovias DO Brasil's Tax Rate % of -102.07% can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Transportation company?
A good Tax Rate % depends on the Transportation industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Hidrovias DO Brasil's current Tax Rate % is -102.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hidrovias DO Brasil stock overvalued right now?
Based on GuruFocus' analysis, Hidrovias DO Brasil (BSP:HBSA3) is currently considered Modestly Overvalued. The stock's GF Value™ is R$2.69, compared to a current price of R$3.44 — trading 27.9% above its estimated fair value. The current Tax Rate % is -102.07%. Hidrovias DO Brasil's overall GF Score™ is 65/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Hidrovias DO Brasil (BSP:HBSA3), the current Tax Rate % is -102.07% 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 Hidrovias DO Brasil (BSP:HBSA3) Overvalued in 2026?

Based on GuruFocus' analysis, Hidrovias DO Brasil stock appears to be overvalued. The current stock price of R$3.44 is trading 27.9% above its estimated GF Value™ of R$2.69. GuruFocus considers Hidrovias DO Brasil to be Modestly Overvalued.

Key valuation signals for BSP:HBSA3:

  • Tax Rate %: -102.07%
  • GF Value™: R$2.69 vs. price of R$3.44 (27.9% above fair value)
  • GF Score™: 65/100 with 2 warning signs

No single metric tells the full story. See the BSP:HBSA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hidrovias DO Brasil Business Description

Address Avenida Brigadeiro Luis Antonio, 1343, 7th Floor, bairro Bela Vista, Sao Paulo, SP, BRA, 01317-001
Hidrovias DO Brasil SA provides integrated logistics solutions for waterway handling and transportation in Brazil and abroad. Its activities include transportation of goods; construction and operation of ports, cargo terminals, shipyards, workshops, and warehouses; river and sea navigation, coastal navigation, and storage of goods; provision of logistics services, either directly or through third parties; other related activities or activities that are somehow related to its business purpose. Its segments include North Corridor, South Corridor, and Santos, with the majority of the revenue deriving from North Corridor segment that provides integrated logistics services for the transportation of products through cargo transshipment and river navigation.
65GF Score

Get the complete analysis for BSP:HBSA3

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

R$3.44
Price
R$2.69
GF Value