Fundo De Investimento Imobiliario Spx Syn Multiestrategia (BSP:SPXS11) Net Margin %: 121.40% (As of Dec. 2025) — 13% Above Median


BSP:SPXS11 Fundo De Investimento Imobiliario Spx Syn Multiestrategia BSP:SPXS11
27 GF Score
Price R$8.06
! 2 Warning Signs
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What is Fundo De Investimento Imobiliario Spx Syn Multiestrategia Net Margin %?

Fundo De Investimento Imobiliario Spx Syn Multiestrategia BSP:SPXS11 -0.25% 27 Net Margin % is 121.40% as of Dec. 2025, which is 13% above its 10-year median of 107.29. GuruFocus rates BSP:SPXS11 with a GF Score™ of 27/100. The stock has 2 warning signs investors should review. Among 930 REITs companies, Fundo De Investimento Imobiliario Spx Syn Multiestrategia ranks better than 91.51% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Fundo De Investimento Imobiliario Spx Syn Multiestrategia's Net Income for the six months ended in Dec. 2025 was R$29.71 Mil. Fundo De Investimento Imobiliario Spx Syn Multiestrategia's Revenue for the six months ended in Dec. 2025 was R$24.47 Mil. Therefore, Fundo De Investimento Imobiliario Spx Syn Multiestrategia's net margin for the quarter that ended in Dec. 2025 was 121.40%.

The historical rank and industry rank for Fundo De Investimento Imobiliario Spx Syn Multiestrategia's Net Margin % or its related term are showing as below:

BSP:SPXS11' s Net Margin % Range Over the Past 10 Years
Min: 42.73   Med: 107.29   Max: 121.4
Current: 121.4


BSP:SPXS11's Net Margin % is ranked better than
91.51% of 930 companies
in the REITs industry
Industry Median: 45.23 vs BSP:SPXS11: 121.40

Fundo De Investimento Imobiliario Spx Syn Multiestrategia  (BSP:SPXS11) 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 De Investimento Imobiliario Spx Syn Multiestrategia Net Margin % Related Terms


Fundo De Investimento Imobiliario Spx Syn Multiestrategia Net Margin % Historical Data

* Premium members only.

The historical data trend for Fundo De Investimento Imobiliario Spx Syn Multiestrategia'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 De Investimento Imobiliario Spx Syn Multiestrategia Net Margin % Chart

Fundo De Investimento Imobiliario Spx Syn Multiestrategia Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Net Margin %
0.00 107.29 42.73 121.40

Fundo De Investimento Imobiliario Spx Syn Multiestrategia Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Net Margin % 0.00 107.29 42.73 121.40

BSP:SPXS11 vs VICI, WPC: Net Margin % Comparison

For the REIT - Diversified subindustry, Fundo De Investimento Imobiliario Spx Syn Multiestrategia'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 De Investimento Imobiliario Spx Syn Multiestrategia Net Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Fundo De Investimento Imobiliario Spx Syn Multiestrategia's Net Margin % distribution charts can be found below:

* The bar in red indicates where Fundo De Investimento Imobiliario Spx Syn Multiestrategia's Net Margin % falls into.


BSP:SPXS11
27GF Score
Fundo De Investimento Imobiliario Spx Syn Multiestrategia BSP:SPXS11
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fundo De Investimento Imobiliario Spx Syn Multiestrategia 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 De Investimento Imobiliario Spx Syn Multiestrategia'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 )
=29.705/24.468
=121.40 %

Fundo De Investimento Imobiliario Spx Syn Multiestrategia'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 )
=29.705/24.468
=121.40 %

* 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 121.40% mean?
Fundo De Investimento Imobiliario Spx Syn Multiestrategia (BSP:SPXS11) has a Net Margin % of 121.40% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Fundo De Investimento Imobiliario Spx Syn Multiestrategia and its competitors. This is 13% above median its historical median of 107.29. Over the past decade, Fundo De Investimento Imobiliario Spx Syn Multiestrategia's Net Margin % has ranged from 42.73 to 121.40. According to the industry distribution chart, Fundo De Investimento Imobiliario Spx Syn Multiestrategia ranks #79 out of 930 companies in the REITs industry, placing it in the top 8.5%.
Is Fundo De Investimento Imobiliario Spx Syn Multiestrategia's Net Margin % too high?
Fundo De Investimento Imobiliario Spx Syn Multiestrategia's current Net Margin % of 121.40% is 13% above median its 10-year median of 107.29. Over the past 10 years, this metric has ranged from a low of 42.73 to a high of 121.40. The REITs industry median Net Margin % is 45.23. Fundo De Investimento Imobiliario Spx Syn Multiestrategia's value of 121.40% is 168.4% above this industry median. Based on the distribution chart, Fundo De Investimento Imobiliario Spx Syn Multiestrategia ranks #79 out of 930 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Fundo De Investimento Imobiliario Spx Syn Multiestrategia has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Fundo De Investimento Imobiliario Spx Syn Multiestrategia's Net Margin % compare to VICI and WPC?
According to the REITs industry distribution chart, Fundo De Investimento Imobiliario Spx Syn Multiestrategia ranks #79 out of 930 companies for Net Margin %. This places Fundo De Investimento Imobiliario Spx Syn Multiestrategia in the top 9% of its industry — outperforming the majority of peers. The industry median Net Margin % is 45.23. Fundo De Investimento Imobiliario Spx Syn Multiestrategia's value of 121.40% is 168.4% above this benchmark. Historically, Fundo De Investimento Imobiliario Spx Syn Multiestrategia's own Net Margin % has ranged from 42.73 to 121.40 over the past decade. While the company's 10-year median is 107.29 vs. the industry median of 45.23, Fundo De Investimento Imobiliario Spx Syn Multiestrategia has consistently been above the industry average. 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 930 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. Fundo De Investimento Imobiliario Spx Syn Multiestrategia's current Net Margin % of 121.40% is 168.4% above the industry median. 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 De Investimento Imobiliario Spx Syn Multiestrategia 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 De Investimento Imobiliario Spx Syn Multiestrategia's current Net Margin % is 121.40%, which is 13% above median its own 10-year median of 107.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo De Investimento Imobiliario Spx Syn Multiestrategia stock overvalued right now?
Fundo De Investimento Imobiliario Spx Syn Multiestrategia (BSP:SPXS11) has a current Net Margin % of 121.40%. The current Net Margin % is 121.40%, which is 13% above median its 10-year median of 107.29 and 168.4% above the REITs industry median of 45.23. Fundo De Investimento Imobiliario Spx Syn Multiestrategia's overall GF Score™ is 27/100 with 2 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 De Investimento Imobiliario Spx Syn Multiestrategia (BSP:SPXS11), the current Net Margin % is 121.40% 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.

Fundo De Investimento Imobiliario Spx Syn Multiestrategia Business Description

Industry Real EstateREITs
Address PRAIA DE BOTAFOGO, 501 - 6th Floor, Botafogo, Rio de Janeiro, RJ, BRA, 22250040
Fundo De Investimento Imobiliario SPX Syn Multiestrategia is a closed-end real estate investment fund. The fund's goal is to generate income and/or capital gains, as well as to provide shareholders with appreciation of their shares through investment and, when applicable, divestment, in various asset classes.
27GF Score

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

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