Smartfit Escola DE Ginastica E Danca (BSP:SMFT3) Tax Rate %: 19.60% (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:SMFT3 Smartfit Escola DE Ginastica E Danca SA BSP:SMFT3
80 GF Score
Price R$20.04
GF Value R$34.54
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Smartfit Escola DE Ginastica E Danca Tax Rate %?

Smartfit Escola DE Ginastica E Danca BSP:SMFT3 +2.14% 80 Tax Rate % is 19.60% as of Mar. 2026. GuruFocus rates BSP:SMFT3 with a GF Score™ of 80/100 and a GF Value™ of R$34.54 (Possible Value Trap). The stock has 4 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Smartfit Escola DE Ginastica E Danca's Tax Expense for the three months ended in Mar. 2026 was R$42 Mil. Smartfit Escola DE Ginastica E Danca's Pre-Tax Income for the three months ended in Mar. 2026 was R$214 Mil. Therefore, Smartfit Escola DE Ginastica E Danca's Tax Rate % for the quarter that ended in Mar. 2026 was 19.60%.

Smartfit Escola DE Ginastica E Danca Tax Rate % Related Terms

Smartfit Escola DE Ginastica E Danca Tax Rate % Historical Data

* Premium members only.

The historical data trend for Smartfit Escola DE Ginastica E Danca'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.

Smartfit Escola DE Ginastica E Danca Tax Rate % Chart

Smartfit Escola DE Ginastica E Danca 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 3.32 -4.54 -82.68 11.23 13.96

Smartfit Escola DE Ginastica E Danca 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 22.04 21.64 25.06 -12.00 19.60
BSP:SMFT3
80GF Score
Smartfit Escola DE Ginastica E Danca SA BSP:SMFT3
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Smartfit Escola DE Ginastica E Danca Tax Rate % Calculation

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

Smartfit Escola DE Ginastica E Danca'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 )
=103.897/744.431
=13.96 %

Smartfit Escola DE Ginastica E Danca'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 )
=41.975/214.153
=19.60 %

* 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 19.60% mean?
Smartfit Escola DE Ginastica E Danca (BSP:SMFT3) has a Tax Rate % of 19.60% as of Mar. 2026.
Is Smartfit Escola DE Ginastica E Danca's Tax Rate % too high?
Smartfit Escola DE Ginastica E Danca's current Tax Rate % is 19.60%. Overall, Smartfit Escola DE Ginastica E Danca has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Smartfit Escola DE Ginastica E Danca's Tax Rate % compare to AS and HAS?
Smartfit Escola DE Ginastica E Danca's Tax Rate % of 19.60% can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Tax Rate % depends on the Travel & Leisure 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. Smartfit Escola DE Ginastica E Danca's current Tax Rate % is 19.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartfit Escola DE Ginastica E Danca stock overvalued right now?
Based on GuruFocus' analysis, Smartfit Escola DE Ginastica E Danca (BSP:SMFT3) is currently considered Possible Value Trap. The stock's GF Value™ is R$34.54, compared to a current price of R$20.04 — trading 42% below its estimated fair value. The current Tax Rate % is 19.60%. Smartfit Escola DE Ginastica E Danca's overall GF Score™ is 80/100 with 4 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 Smartfit Escola DE Ginastica E Danca (BSP:SMFT3), the current Tax Rate % is 19.60% 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 Smartfit Escola DE Ginastica E Danca (BSP:SMFT3) Overvalued in 2026?

Based on GuruFocus' analysis, Smartfit Escola DE Ginastica E Danca stock appears to be undervalued. The current stock price of R$20.04 is trading 42% below its estimated GF Value™ of R$34.54. GuruFocus considers Smartfit Escola DE Ginastica E Danca to be Possible Value Trap.

Key valuation signals for BSP:SMFT3:

  • Tax Rate %: 19.60%
  • GF Value™: R$34.54 vs. price of R$20.04 (42% below fair value)
  • GF Score™: 80/100 with 4 warning signs

No single metric tells the full story. See the BSP:SMFT3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Smartfit Escola DE Ginastica E Danca Business Description

Address Rua Lelio Gama 104 - 38 Floor, 2nd Floor, Rio de Janeiro, RJ, BRA, 20031080
Smartfit Escola DE Ginastica E Danca SA is a fitness club. The company provides physical conditioning services through gymnasiums, bodybuilding, dancing and swimming. Facilities offered by the company include SmartBox, free weight, gym classes, bicycles, smart bike, fitness equipment, and a running machine, among others. The Company is present in fourteen countries, namely Brazil, Mexico, Colombia, Chile, Peru, Argentina, Paraguay, Panama, Costa Rica, Dominican Republic, Ecuador, Guatemala, El Salvador, and Honduras, operating in the HVLP segment with the brand Smart Fit, in the Premium segment with the brand Bio Ritmo, and in the digital fitness segment.
80GF Score

Get the complete analysis for BSP:SMFT3

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

R$20.04
Price
R$34.54
GF Value