Fundo Invest Imobiliario Grand Plaza Shopping (BSP:ABCP11) Return-on-Tangible-Asset: 9.99% (As of Dec. 2025) — 10% Below Median


BSP:ABCP11 Fundo Invest Imobiliario Grand Plaza Shopping BSP:ABCP11
63 GF Score
Price R$76.76
GF Value R$84.92
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Fundo Invest Imobiliario Grand Plaza Shopping Return-on-Tangible-Asset?

Fundo Invest Imobiliario Grand Plaza Shopping BSP:ABCP11 -0.12% 63 Return-on-Tangible-Asset is 9.99% as of Dec. 2025, which is 10% below its 10-year median of 11.06. GuruFocus rates BSP:ABCP11 with a GF Score™ of 63/100 and a GF Value™ of R$84.92 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 939 REITs companies, Fundo Invest Imobiliario Grand Plaza Shopping ranks better than 84.66% on this metric.

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Fundo Invest Imobiliario Grand Plaza Shopping's annualized Net Income for the quarter that ended in Dec. 2025 was R$51.69 Mil. Fundo Invest Imobiliario Grand Plaza Shopping's average total tangible assets for the quarter that ended in Dec. 2025 was R$517.26 Mil. Therefore, Fundo Invest Imobiliario Grand Plaza Shopping's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 9.99%.

The historical rank and industry rank for Fundo Invest Imobiliario Grand Plaza Shopping's Return-on-Tangible-Asset or its related term are showing as below:

BSP:ABCP11' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.21   Med: 11.06   Max: 22.72
Current: 9.99

During the past 13 years, Fundo Invest Imobiliario Grand Plaza Shopping's highest Return-on-Tangible-Asset was 22.72%. The lowest was 6.21%. And the median was 11.06%.

BSP:ABCP11's Return-on-Tangible-Asset is ranked better than
84.66% of 939 companies
in the REITs industry
Industry Median: 3.24 vs BSP:ABCP11: 9.99

Fundo Invest Imobiliario Grand Plaza Shopping  (BSP:ABCP11) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Fundo Invest Imobiliario Grand Plaza Shopping Return-on-Tangible-Asset Related Terms


Fundo Invest Imobiliario Grand Plaza Shopping Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Fundo Invest Imobiliario Grand Plaza Shopping's Return-on-Tangible-Asset 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 Grand Plaza Shopping Return-on-Tangible-Asset Chart

Fundo Invest Imobiliario Grand Plaza Shopping Annual Data
Trend Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.52 8.90 16.88 12.13 9.99

Fundo Invest Imobiliario Grand Plaza Shopping Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec13 Dec14 Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset 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 9.52 8.90 16.88 12.13 9.99

BSP:ABCP11 vs SPG, O, KIM: Return-on-Tangible-Asset Comparison

For the REIT - Retail subindustry, Fundo Invest Imobiliario Grand Plaza Shopping's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Grand Plaza Shopping Return-on-Tangible-Asset vs REITs Industry

For the REITs industry and Real Estate sector, Fundo Invest Imobiliario Grand Plaza Shopping's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Fundo Invest Imobiliario Grand Plaza Shopping's Return-on-Tangible-Asset falls into.


BSP:ABCP11
63GF Score
Fundo Invest Imobiliario Grand Plaza Shopping BSP:ABCP11
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fundo Invest Imobiliario Grand Plaza Shopping Return-on-Tangible-Asset Calculation

Fundo Invest Imobiliario Grand Plaza Shopping's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=51.685/( (508.913+525.597)/ 2 )
=51.685/517.255
=9.99 %

Fundo Invest Imobiliario Grand Plaza Shopping's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=51.685/( (508.913+525.597)/ 2 )
=51.685/517.255
=9.99 %

* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is one times the annual (Dec. 2025) net income data.

What does a Return-on-Tangible-Asset of 9.99% mean?
Fundo Invest Imobiliario Grand Plaza Shopping (BSP:ABCP11) has a Return-on-Tangible-Asset of 9.99% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Fundo Invest Imobiliario Grand Plaza Shopping and its competitors. This is 10% below median its historical median of 11.06. Over the past decade, Fundo Invest Imobiliario Grand Plaza Shopping's Return-on-Tangible-Asset has ranged from 6.21 to 22.72. According to the industry distribution chart, Fundo Invest Imobiliario Grand Plaza Shopping ranks #144 out of 939 companies in the REITs industry, placing it in the top 15.3%.
Is Fundo Invest Imobiliario Grand Plaza Shopping's Return-on-Tangible-Asset too high?
Fundo Invest Imobiliario Grand Plaza Shopping's current Return-on-Tangible-Asset of 9.99% is 10% below median its 10-year median of 11.06. Over the past 10 years, this metric has ranged from a low of 6.21 to a high of 22.72. The REITs industry median Return-on-Tangible-Asset is 3.24. Fundo Invest Imobiliario Grand Plaza Shopping's value of 9.99% is 208.3% above this industry median. Based on the distribution chart, Fundo Invest Imobiliario Grand Plaza Shopping ranks #144 out of 939 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Fundo Invest Imobiliario Grand Plaza Shopping has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fundo Invest Imobiliario Grand Plaza Shopping's Return-on-Tangible-Asset compare to SPG and O?
According to the REITs industry distribution chart, Fundo Invest Imobiliario Grand Plaza Shopping ranks #144 out of 939 companies for Return-on-Tangible-Asset. This places Fundo Invest Imobiliario Grand Plaza Shopping in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.24. Fundo Invest Imobiliario Grand Plaza Shopping's value of 9.99% is 208.3% above this benchmark. Historically, Fundo Invest Imobiliario Grand Plaza Shopping's own Return-on-Tangible-Asset has ranged from 6.21 to 22.72 over the past decade. While the company's 10-year median is 11.06 vs. the industry median of 3.24, Fundo Invest Imobiliario Grand Plaza Shopping 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 Return-on-Tangible-Asset for a REITs company?
The median Return-on-Tangible-Asset among REITs companies is 3.24, based on 939 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fundo Invest Imobiliario Grand Plaza Shopping's current Return-on-Tangible-Asset of 9.99% is 208.3% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Fundo Invest Imobiliario Grand Plaza Shopping and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundo Invest Imobiliario Grand Plaza Shopping's current Return-on-Tangible-Asset is 9.99%, which is 10% below median its own 10-year median of 11.06. 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 Grand Plaza Shopping stock overvalued right now?
Based on GuruFocus' analysis, Fundo Invest Imobiliario Grand Plaza Shopping (BSP:ABCP11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$84.92, compared to a current price of R$76.76 — trading 9.6% below its estimated fair value. The current Return-on-Tangible-Asset is 9.99%, which is 10% below median its 10-year median of 11.06 and 208.3% above the REITs industry median of 3.24. Fundo Invest Imobiliario Grand Plaza Shopping's overall GF Score™ is 63/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Fundo Invest Imobiliario Grand Plaza Shopping (BSP:ABCP11), the current Return-on-Tangible-Asset is 9.99% 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 Grand Plaza Shopping (BSP:ABCP11) Overvalued in 2026?

Based on GuruFocus' analysis, Fundo Invest Imobiliario Grand Plaza Shopping stock appears to be undervalued. The current stock price of R$76.76 is trading 9.6% below its estimated GF Value™ of R$84.92. GuruFocus considers Fundo Invest Imobiliario Grand Plaza Shopping to be Modestly Undervalued.

Key valuation signals for BSP:ABCP11:

  • Return-on-Tangible-Asset: 9.99% (10% below median its 10-year median of 11.06)
  • GF Value™: R$84.92 vs. price of R$76.76 (9.6% below fair value)
  • GF Score™: 63/100 with 3 warning signs
  • Industry Position: 208.3% above the REITs median (#144 of 939)

No single metric tells the full story. See the BSP:ABCP11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fundo Invest Imobiliario Grand Plaza Shopping Business Description

Industry Real EstateREITs
Address Avenue Chedid Jafet, 222, Block, 3rd Floor - Vila Olimpia, Sao paulo, BRA, 04511-065
Fundo Invest Imobiliario Grand Plaza Shopping, formerly Fundo de Investimento Imobiliario ABC Plaza Shopping is a real estate investment trust.
63GF Score

Get the complete analysis for BSP:ABCP11

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

R$76.76
Price
R$84.92
GF Value