Fundo Investimento Imobiliario SC 401 (BSP:FISC11) 3-Year Book Growth Rate: -1.20% (As of Dec. 2025)

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:FISC11 Fundo Investimento Imobiliario SC 401 BSP:FISC11
71 GF Score
Price R$67.23
GF Value R$96.89
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Fundo Investimento Imobiliario SC 401 3-Year Book Growth Rate?

Fundo Investimento Imobiliario SC 401 BSP:FISC11 71 3-Year Book Growth Rate is -1.20% as of Dec. 2025. GuruFocus rates BSP:FISC11 with a GF Score™ of 71/100 and a GF Value™ of R$96.89 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 842 REITs companies, Fundo Investimento Imobiliario SC 401 ranks worse than 53.33% on this metric.

Fundo Investimento Imobiliario SC 401's Book Value per Share for the quarter that ended in Dec. 2025 was R$111.07.

During the past 12 months, Fundo Investimento Imobiliario SC 401's average Book Value per Share Growth Rate was -2.80% per year. During the past 3 years, the average Book Value per Share Growth Rate was -1.20% per year. During the past 5 years, the average Book Value per Share Growth Rate was -4.80% per year. During the past 10 years, the average Book Value per Share Growth Rate was -21.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Fundo Investimento Imobiliario SC 401 was 155.40% per year. The lowest was -58.60% per year. And the median was -0.75% per year.


Fundo Investimento Imobiliario SC 401  (BSP:FISC11) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.


Fundo Investimento Imobiliario SC 401 3-Year Book Growth Rate Related Terms


BSP:FISC11 vs VICI, WPC: 3-Year Book Growth Rate Comparison

For the REIT - Diversified subindustry, Fundo Investimento Imobiliario SC 401's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.


Fundo Investimento Imobiliario SC 401 3-Year Book Growth Rate vs REITs Industry

For the REITs industry and Real Estate sector, Fundo Investimento Imobiliario SC 401's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Fundo Investimento Imobiliario SC 401's 3-Year Book Growth Rate falls into.


BSP:FISC11
71GF Score
Fundo Investimento Imobiliario SC 401 BSP:FISC11
3-Year Book Growth Rate is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fundo Investimento Imobiliario SC 401 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

What does a 3-Year Book Growth Rate of -1.20% mean?
Fundo Investimento Imobiliario SC 401 (BSP:FISC11) has a 3-Year Book Growth Rate of -1.20% as of Dec. 2025. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Fundo Investimento Imobiliario SC 401 and its competitors. According to the industry distribution chart, Fundo Investimento Imobiliario SC 401 ranks #449 out of 842 companies in the REITs industry, placing it in the top 53.3%.
Is Fundo Investimento Imobiliario SC 401's 3-Year Book Growth Rate too high?
Fundo Investimento Imobiliario SC 401's current 3-Year Book Growth Rate is -1.20%. Based on the distribution chart, Fundo Investimento Imobiliario SC 401 ranks #449 out of 842 companies in the REITs industry, which is below the industry midpoint. Overall, Fundo Investimento Imobiliario SC 401 has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fundo Investimento Imobiliario SC 401's 3-Year Book Growth Rate compare to VICI and WPC?
According to the REITs industry distribution chart, Fundo Investimento Imobiliario SC 401 ranks #449 out of 842 companies for 3-Year Book Growth Rate. This places Fundo Investimento Imobiliario SC 401 in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for a REITs company?
A good 3-Year Book Growth Rate depends on the REITs industry context. However, 3-Year Book Growth 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 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Fundo Investimento Imobiliario SC 401 and its competitors. Fundo Investimento Imobiliario SC 401's current 3-Year Book Growth Rate is -1.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo Investimento Imobiliario SC 401 stock overvalued right now?
Based on GuruFocus' analysis, Fundo Investimento Imobiliario SC 401 (BSP:FISC11) is currently considered Significantly Undervalued. The stock's GF Value™ is R$96.89, compared to a current price of R$67.23 — trading 30.6% below its estimated fair value. The current 3-Year Book Growth Rate is -1.20%. Fundo Investimento Imobiliario SC 401's overall GF Score™ is 71/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For Fundo Investimento Imobiliario SC 401 (BSP:FISC11), the current 3-Year Book Growth Rate is -1.20% as of Dec. 2025. 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 Fundo Investimento Imobiliario SC 401 (BSP:FISC11) Overvalued in 2026?

Based on GuruFocus' analysis, Fundo Investimento Imobiliario SC 401 stock appears to be undervalued. The current stock price of R$67.23 is trading 30.6% below its estimated GF Value™ of R$96.89. GuruFocus considers Fundo Investimento Imobiliario SC 401 to be Significantly Undervalued.

Key valuation signals for BSP:FISC11:

  • 3-Year Book Growth Rate: -1.20%
  • GF Value™: R$96.89 vs. price of R$67.23 (30.6% below fair value)
  • GF Score™: 71/100 with 1 warning sign

No single metric tells the full story. See the BSP:FISC11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fundo Investimento Imobiliario SC 401 Business Description

Industry Real EstateREITs
Address RUA SURUBIM, 577 - 10th Floor - CJ. 101, CIDADE MONCOES, SAO PAULO, SP, BRA, 4571050
Fundo Investimento Imobiliario SC 401 is a structured fund operated by UNITS BR-CAPITAL. The fund owns stores and office complexes for the lease of Square SC, a multipurpose development located in Florianopolis/SC, and Mall W Tower, a mall located in Caxias do Sul/RS. The fund owns stores and corporate offices in Square SC, in addition to owning the rotating parking lot and owns stores in the Mall W Tower and the rotating parking in the Mall.
71GF Score

Get the complete analysis for BSP:FISC11

3-Year Book Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$67.23
Price
R$96.89
GF Value