HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) Asset Turnover: 0.01 (As of Mar. 2026)


BSP:HBRE3 HBR Realty Empreendimentos Imobiliarios SA BSP:HBRE3
66 GF Score
Price R$2.71
GF Value R$16.53
Valuation Possible Value Trap
! 7 Warning Signs
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What is HBR Realty Empreendimentos Imobiliarios Asset Turnover?

HBR Realty Empreendimentos Imobiliarios BSP:HBRE3 +2.65% 66 Asset Turnover is 0.01 as of Mar. 2026. GuruFocus rates BSP:HBRE3 with a GF Score™ of 66/100 and a GF Value™ of R$16.53 (Possible Value Trap). The stock has 7 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. HBR Realty Empreendimentos Imobiliarios's Revenue for the three months ended in Mar. 2026 was R$64.8 Mil. HBR Realty Empreendimentos Imobiliarios's Total Assets for the quarter that ended in Mar. 2026 was R$4,989.3 Mil. Therefore, HBR Realty Empreendimentos Imobiliarios's Asset Turnover for the quarter that ended in Mar. 2026 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. HBR Realty Empreendimentos Imobiliarios's annualized ROE % for the quarter that ended in Mar. 2026 was -5.65%. It is also linked to ROA % through Du Pont Formula. HBR Realty Empreendimentos Imobiliarios's annualized ROA % for the quarter that ended in Mar. 2026 was -2.06%.


HBR Realty Empreendimentos Imobiliarios  (BSP:HBRE3) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

HBR Realty Empreendimentos Imobiliarios's annulized ROE % for the quarter that ended in Mar. 2026 is

ROE %**(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-102.844/1821.3435
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-102.844 / 259.22)*(259.22 / 4989.2515)*(4989.2515/ 1821.3435)
=Net Margin %*Asset Turnover*Equity Multiplier
=-39.67 %*0.052*2.7393
=ROA %*Equity Multiplier
=-2.06 %*2.7393
=-5.65 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

HBR Realty Empreendimentos Imobiliarios's annulized ROA % for the quarter that ended in Mar. 2026 is

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=-102.844/4989.2515
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-102.844 / 259.22)*(259.22 / 4989.2515)
=Net Margin %*Asset Turnover
=-39.67 %*0.052
=-2.06 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


HBR Realty Empreendimentos Imobiliarios Asset Turnover Related Terms


HBR Realty Empreendimentos Imobiliarios Asset Turnover Historical Data

* Premium members only.

The historical data trend for HBR Realty Empreendimentos Imobiliarios's Asset Turnover 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.

HBR Realty Empreendimentos Imobiliarios Asset Turnover Chart

HBR Realty Empreendimentos Imobiliarios Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Asset Turnover
Get a 7-Day Free Trial 0.03 0.04 0.03 0.03 0.11

HBR Realty Empreendimentos Imobiliarios Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Asset Turnover 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 0.01 0.01 0.01 0.07 0.01

BSP:HBRE3 vs CBRE, BEKE, JLL: Asset Turnover Comparison

For the Real Estate Services subindustry, HBR Realty Empreendimentos Imobiliarios's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover vs Real Estate Industry

For the Real Estate industry and Real Estate sector, HBR Realty Empreendimentos Imobiliarios's Asset Turnover distribution charts can be found below:

* The bar in red indicates where HBR Realty Empreendimentos Imobiliarios's Asset Turnover falls into.


BSP:HBRE3
66GF Score
HBR Realty Empreendimentos Imobiliarios SA BSP:HBRE3
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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HBR Realty Empreendimentos Imobiliarios Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

HBR Realty Empreendimentos Imobiliarios's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=532.608/( (5090.774+5089.275)/ 2 )
=532.608/5090.0245
=0.10

HBR Realty Empreendimentos Imobiliarios's Asset Turnover for the quarter that ended in Mar. 2026 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=64.805/( (5089.275+4889.228)/ 2 )
=64.805/4989.2515
=0.01

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.01 mean?
HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) has a Asset Turnover of 0.01 as of Mar. 2026. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on HBR Realty Empreendimentos Imobiliarios and its competitors.
Is HBR Realty Empreendimentos Imobiliarios' Asset Turnover too high?
HBR Realty Empreendimentos Imobiliarios' current Asset Turnover is 0.01. Overall, HBR Realty Empreendimentos Imobiliarios 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 HBR Realty Empreendimentos Imobiliarios' Asset Turnover compare to CBRE and BEKE?
HBR Realty Empreendimentos Imobiliarios' Asset Turnover of 0.01 can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a Real Estate company?
A good Asset Turnover depends on the Real Estate industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on HBR Realty Empreendimentos Imobiliarios and its competitors. HBR Realty Empreendimentos Imobiliarios's current Asset Turnover is 0.01. 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$16.53, compared to a current price of R$2.71 — trading 83.6% below its estimated fair value. The current Asset Turnover is 0.01. HBR Realty Empreendimentos Imobiliarios' overall GF Score™ is 66/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3), the current Asset Turnover is 0.01 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 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$2.71 is trading 83.6% below its estimated GF Value™ of R$16.53. GuruFocus considers HBR Realty Empreendimentos Imobiliarios to be Possible Value Trap.

Key valuation signals for BSP:HBRE3:

  • Asset Turnover: 0.01
  • GF Value™: R$16.53 vs. price of R$2.71 (83.6% below fair value)
  • GF Score™: 66/100 with 7 warning signs

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

Address Avenida Vereador Narciso Yague Guimaraes, 1.145, 2nd Floor, Jardim Arenia, Helbor Concept- Edificio Corporate, Mogi das Cruzes, SP, BRA, CEP 08780-500
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.
66GF Score

Get the complete analysis for BSP:HBRE3

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

R$2.71
Price
R$16.53
GF Value