Grendene (BSP:GRND3) Total Tax Payable: R$28 Mil (As of Jun. 2026)

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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.
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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:GRND3 Grendene SA BSP:GRND3
66 GF Score
Price R$3.51
GF Value R$6.17
Valuation Possible Value Trap
! 11 Warning Signs
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What is Grendene Total Tax Payable?

Grendene BSP:GRND3 -2.23% 66 Total Tax Payable is R$28 Mil as of Jun. 2026. GuruFocus rates BSP:GRND3 with a GF Score™ of 66/100 and a GF Value™ of R$6.17 (Possible Value Trap). The stock has 11 warning signs investors should review.

Grendene's Total Tax Payable for the quarter that ended in Jun. 2026 was R$28 Mil.

Grendene's quarterly Total Tax Payable increased from Dec. 2025 (R$37 Mil) to Mar. 2026 (R$48 Mil) but then declined from Mar. 2026 (R$48 Mil) to Jun. 2026 (R$28 Mil).

Grendene's annual Total Tax Payable declined from Dec. 2023 (R$44 Mil) to Dec. 2024 (R$41 Mil) and declined from Dec. 2024 (R$41 Mil) to Dec. 2025 (R$37 Mil).

Grendene Total Tax Payable Historical Data

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The historical data trend for Grendene's Total Tax Payable 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.

Grendene Total Tax Payable Chart

Grendene Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Tax Payable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.79 39.35 44.37 40.61 36.51

Grendene Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Total Tax Payable 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 28.31 39.64 36.51 47.92 27.99
BSP:GRND3
66GF Score
Grendene SA BSP:GRND3
Total Tax Payable is just one metric. See GF Score™, valuation, warning signs, and more.
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Grendene Total Tax Payable Calculation

Total Tax Payable is the taxes liability owed to federal, state, and local tax authorities. It is the carrying value as of the balance sheet date of obligations incurred and payable for statutory income, sales, use, payroll, excise, real, property and other taxes.

Frequently Asked Questions Learn more about Total Tax Payable →
What does a Total Tax Payable of R$28 Mil mean?
Grendene (BSP:GRND3) has a Total Tax Payable of R$28 Mil as of Jun. 2026. Tax Payable is the taxes liability owed to federal, state, and local tax authorities. View historical data on Grendene and its competitors.
Is Grendene's Total Tax Payable too high?
Grendene's current Total Tax Payable is R$28 Mil. Overall, Grendene has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Grendene's Total Tax Payable compare to NKE and DECK?
Grendene's Total Tax Payable of R$28 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Tax Payable for a Manufacturing - Apparel & Accessories company?
A good Total Tax Payable depends on the Manufacturing - Apparel & Accessories industry context. However, Total Tax Payable 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 Total Tax Payable mean?
A high Total Tax Payable can signal that a stock is expensive relative to its fundamentals. Tax Payable is the taxes liability owed to federal, state, and local tax authorities. View historical data on Grendene and its competitors. Grendene's current Total Tax Payable is R$28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grendene stock overvalued right now?
Based on GuruFocus' analysis, Grendene (BSP:GRND3) is currently considered Possible Value Trap. The stock's GF Value™ is R$6.17, compared to a current price of R$3.51 — trading 43.1% below its estimated fair value. The current Total Tax Payable is R$28 Mil. Grendene's overall GF Score™ is 66/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Tax Payable calculated?
Total Tax Payable is calculated from a company's financial statements. For Grendene (BSP:GRND3), the current Total Tax Payable is R$28 Mil as of Jun. 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 Grendene (BSP:GRND3) Overvalued in 2026?

Based on GuruFocus' analysis, Grendene stock appears to be undervalued. The current stock price of R$3.51 is trading 43.1% below its estimated GF Value™ of R$6.17. GuruFocus considers Grendene to be Possible Value Trap.

Key valuation signals for BSP:GRND3:

  • Total Tax Payable: R$28 Mil
  • GF Value™: R$6.17 vs. price of R$3.51 (43.1% below fair value)
  • GF Score™: 66/100 with 11 warning signs

No single metric tells the full story. See the BSP:GRND3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Grendene Business Description

Address Avenue Pimentel Gomes 214, Sobral, CE, BRA, 62040-125
Grendene SA is engaged in the development, production, distribution, and sale of plastic footwear for all the socio-economic classes, in the women's, men's, and children's market segments. It also has its stores, franchises, and web commerce channels, operating under the brands Melissa, Grendha, Zaxy, Rider, Cartago, Grendene Kids, and Ipanema. It also owns the brands Pega Forte and Nuar. Geographically, the company operates in Brazil, North America, Asia and Oceania, Europe, Central and South America, and the Middle East and Africa, out of which a majority of its revenue comes from Brazil.
66GF Score

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

R$3.51
Price
R$6.17
GF Value