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Patria Renda Urbana - Fundo De Investimento Imobiliario Resp (BSP:HGRU11) ROE % : 9.28% (As of Dec. 2024)


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What is Patria Renda Urbana - Fundo De Investimento Imobiliario Resp ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's annualized net income for the quarter that ended in Dec. 2024 was R$244.8 Mil. Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's average Total Stockholders Equity over the quarter that ended in Dec. 2024 was R$2,639.4 Mil. Therefore, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's annualized ROE % for the quarter that ended in Dec. 2024 was 9.28%.

The historical rank and industry rank for Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's ROE % or its related term are showing as below:

BSP:HGRU11' s ROE % Range Over the Past 10 Years
Min: 6.07   Med: 11.04   Max: 13.31
Current: 9.28

During the past 7 years, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's highest ROE % was 13.31%. The lowest was 6.07%. And the median was 11.04%.

BSP:HGRU11's ROE % is ranked better than
78.16% of 934 companies
in the REITs industry
Industry Median: 5.16 vs BSP:HGRU11: 9.28

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp ROE % Historical Data

The historical data trend for Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's ROE % 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.

* Premium members only.

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp ROE % Chart

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROE %
Get a 7-Day Free Trial 13.31 7.77 12.80 13.00 9.28

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROE % Get a 7-Day Free Trial 13.31 7.77 12.80 13.00 9.28

Competitive Comparison of Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's ROE %

For the REIT - Diversified subindustry, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's ROE %, along with its competitors' market caps and ROE % 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.


Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's ROE % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's ROE % distribution charts can be found below:

* The bar in red indicates where Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's ROE % falls into.


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Patria Renda Urbana - Fundo De Investimento Imobiliario Resp ROE % Calculation

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's annualized ROE % for the fiscal year that ended in Dec. 2024 is calculated as

ROE %=Net Income (A: Dec. 2024 )/( (Total Stockholders Equity (A: Dec. 2023 )+Total Stockholders Equity (A: Dec. 2024 ))/ count )
=244.838/( (2336.914+2941.874)/ 2 )
=244.838/2639.394
=9.28 %

Patria Renda Urbana - Fundo De Investimento Imobiliario Resp's annualized ROE % for the quarter that ended in Dec. 2024 is calculated as

ROE %=Net Income (Q: Dec. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Dec. 2024 ))/ count )
=244.838/( (2336.914+2941.874)/ 2 )
=244.838/2639.394
=9.28 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is one times the annual (Dec. 2024) net income data. ROE % is displayed in the 30-year financial page.


Patria Renda Urbana - Fundo De Investimento Imobiliario Resp  (BSP:HGRU11) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=244.838/2639.394
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(244.838 / 277.929)*(277.929 / 3003.9945)*(3003.9945 / 2639.394)
=Net Margin %*Asset Turnover*Equity Multiplier
=88.09 %*0.0925*1.1381
=ROA %*Equity Multiplier
=8.15 %*1.1381
=9.28 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=244.838/2639.394
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (244.838 / 244.838) * (244.838 / 249.768) * (249.768 / 277.929) * (277.929 / 3003.9945) * (3003.9945 / 2639.394)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.9803 * 89.87 % * 0.0925 * 1.1381
=9.28 %

Note: The net income data used here is one times the annual (Dec. 2024) net income data. The Revenue data used here is one times the annual (Dec. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Patria Renda Urbana - Fundo De Investimento Imobiliario Resp ROE % Related Terms

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Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Business Description

Traded in Other Exchanges
N/A
Address
Leopoldo Couto de Magalhaes Jr. Street, 700, 11th Floor- Itaim Bibi, Sao Paulo, SP, BRA, 04542-000
Patria Renda Urbana - Fundo De Investimento Imobiliario Resp Ltd formerly Credit Suisse Hedging-Griffo CV SA was established on April 27, 2018 in the form of a closed condominium. The purpose of the Fund is the exploitation of urban real estate projects for institutional and commercial use, which potentially generate income through disposal, leasing or leasing, if they meet the classification criteria and the Fund's investment policy, provided that the Fund will prioritize the acquisition of institutional or commercial real estate projects that are not corporate buildings, shopping malls or those in the logistics area".

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