Fundo Invest Imobiliario FII Btg Pactualorate Office Fund (BSP:BRCR11) Net Margin %: 0.00% (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:BRCR11 Fundo Invest Imobiliario FII Btg Pactual Corporate Office Fund BSP:BRCR11
73 GF Score
Price R$41.00
GF Value R$46.17
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Fundo Invest Imobiliario FII Btg Pactualorate Office Fund Net Margin %?

Fundo Invest Imobiliario FII Btg Pactualorate Office Fund BSP:BRCR11 +1.74% 73 Net Margin % is 0.00% as of Dec. 2025. GuruFocus rates BSP:BRCR11 with a GF Score™ of 73/100 and a GF Value™ of R$46.17 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 924 REITs companies, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund ranks worse than 63.64% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Net Income for the three months ended in Dec. 2025 was R$0.0 Mil. Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Revenue for the three months ended in Dec. 2025 was R$0.0 Mil. Therefore, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's net margin for the quarter that ended in Dec. 2025 was 0.00%.

The historical rank and industry rank for Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Net Margin % or its related term are showing as below:

BSP:BRCR11' s Net Margin % Range Over the Past 10 Years
Min: -93.48   Med: 45.05   Max: 210.23
Current: 29.38


BSP:BRCR11's Net Margin % is ranked worse than
63.64% of 924 companies
in the REITs industry
Industry Median: 45.23 vs BSP:BRCR11: 29.38

Fundo Invest Imobiliario FII Btg Pactualorate Office Fund  (BSP:BRCR11) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Fundo Invest Imobiliario FII Btg Pactualorate Office Fund Net Margin % Related Terms


Fundo Invest Imobiliario FII Btg Pactualorate Office Fund Net Margin % Historical Data

* Premium members only.

The historical data trend for Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Net Margin % 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.

Fundo Invest Imobiliario FII Btg Pactualorate Office Fund Net Margin % Chart

Fundo Invest Imobiliario FII Btg Pactualorate Office Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.92 -0.71 44.17 5.94 57.78

Fundo Invest Imobiliario FII Btg Pactualorate Office Fund Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Dec25
Net Margin % 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 11.51 63.32 -39.74 64.60 0.00

BSP:BRCR11 vs BXP, ARE, VNO: Net Margin % Comparison

For the REIT - Office subindustry, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Net Margin %, along with its competitors' market caps and Net Margin % 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 Invest Imobiliario FII Btg Pactualorate Office Fund Net Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Net Margin % distribution charts can be found below:

* The bar in red indicates where Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Net Margin % falls into.


BSP:BRCR11
73GF Score
Fundo Invest Imobiliario FII Btg Pactual Corporate Office Fund BSP:BRCR11
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fundo Invest Imobiliario FII Btg Pactualorate Office Fund Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=106.729/184.701
=57.78 %

Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Net Margin for the quarter that ended in Dec. 2025 is calculated as

Net Margin=Net Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=0/0
= %

* 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 Net Margin % →
What does a Net Margin % of 0.00% mean?
Fundo Invest Imobiliario FII Btg Pactualorate Office Fund (BSP:BRCR11) has a Net Margin % of 0.00% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Fundo Invest Imobiliario FII Btg Pactualorate Office Fund and its competitors. According to the industry distribution chart, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund ranks #588 out of 924 companies in the REITs industry, placing it in the top 63.6%.
Is Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Net Margin % too high?
Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's current Net Margin % is 0.00%. Based on the distribution chart, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund ranks #588 out of 924 companies in the REITs industry, which is below the industry midpoint. Overall, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Net Margin % compare to BXP and ARE?
According to the REITs industry distribution chart, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund ranks #588 out of 924 companies for Net Margin %. This places Fundo Invest Imobiliario FII Btg Pactualorate Office Fund in the lower half of its industry. The industry median Net Margin % is 45.23. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a REITs company?
The median Net Margin % among REITs companies is 45.23, based on 924 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Fundo Invest Imobiliario FII Btg Pactualorate Office Fund and its competitors. For the REITs industry, the median Net Margin % is 45.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's current Net Margin % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo Invest Imobiliario FII Btg Pactualorate Office Fund stock overvalued right now?
Based on GuruFocus' analysis, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund (BSP:BRCR11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$46.17, compared to a current price of R$41.00 — trading 11.2% below its estimated fair value. The current Net Margin % is 0.00%. Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Fundo Invest Imobiliario FII Btg Pactualorate Office Fund (BSP:BRCR11), the current Net Margin % is 0.00% 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 Invest Imobiliario FII Btg Pactualorate Office Fund (BSP:BRCR11) Overvalued in 2026?

Based on GuruFocus' analysis, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund stock appears to be undervalued. The current stock price of R$41.00 is trading 11.2% below its estimated GF Value™ of R$46.17. GuruFocus considers Fundo Invest Imobiliario FII Btg Pactualorate Office Fund to be Modestly Undervalued.

Key valuation signals for BSP:BRCR11:

  • Net Margin %: 0.00%
  • GF Value™: R$46.17 vs. price of R$41.00 (11.2% below fair value)
  • GF Score™: 73/100 with 6 warning signs

No single metric tells the full story. See the BSP:BRCR11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fundo Invest Imobiliario FII Btg Pactualorate Office Fund Business Description

Industry Real EstateREITs
Address N/I PRAIA DE BOTAFOGO 501, 5th FLOOR, RIO DE JANEIRO, RJ, BRA, CEP 22250040
Fundo Invest Imobiliario FII Btg Pactual Corporate Office Fund seeks to invest in real estate developments by acquiring the following assets: commercial properties, completed or under construction, or other types of properties where commercial developments may be established, rights related to properties, for the purpose of sale, rent or lease, in addition to other Target Assets listed in the Fund's regulation.
73GF Score

Get the complete analysis for BSP:BRCR11

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

R$41.00
Price
R$46.17
GF Value