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AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario (BSP:AFHI11) 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 companys 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 companys 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.
AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario Return-on-Tangible-Asset Related Terms
AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario Return-on-Tangible-Asset Historical Data
* 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.
AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario Return-on-Tangible-Asset Chart
AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario Annual Data
Trend
Jun21
Jun22
Jun23
Jun24
Jun25
Return-on-Tangible-Asset
0.00
13.07
14.66
9.13
11.47
AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario Semi-Annual Data
Jun21
Jun22
Jun23
Jun24
Jun25
Return-on-Tangible-Asset
0.00
13.07
14.66
9.13
11.47
BSP:AFHI11 vs VICI, WPC: Return-on-Tangible-Asset Comparison
* 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.
AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario Return-on-Tangible-Asset vs REITs Industry
* 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 (Jun. 2025) net income data.
What does a Return-on-Tangible-Asset of 11.47% mean?
AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario (BSP:AFHI11) has a Return-on-Tangible-Asset of 11.47% as of Jun. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario and its competitors. This is near median its historical median of 12.27. Over the past decade, AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario's Return-on-Tangible-Asset has ranged from 9.13 to 14.66. According to the industry distribution chart, AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario ranks #100 out of 916 companies in the REITs industry, placing it in the top 10.9%.
Is AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario's Return-on-Tangible-Asset too high?
AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario's current Return-on-Tangible-Asset of 11.47% is near median its 10-year median of 12.27. Over the past 10 years, this metric has ranged from a low of 9.13 to a high of 14.66. The REITs industry median Return-on-Tangible-Asset is 3.31. AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario's value of 11.47% is 246.5% above this industry median. Based on the distribution chart, AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario ranks #100 out of 916 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario has a GF Score™ of 44/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario's Return-on-Tangible-Asset compare to VICI and WPC?
According to the REITs industry distribution chart, AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario ranks #100 out of 916 companies for Return-on-Tangible-Asset. This places AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.31. AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario's value of 11.47% is 246.5% above this benchmark. Historically, AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario's own Return-on-Tangible-Asset has ranged from 9.13 to 14.66 over the past decade. While the company's 10-year median is 12.27 vs. the industry median of 3.31, AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario 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 3.31, based on 916 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. AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario's current Return-on-Tangible-Asset of 11.47% is 246.5% 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 AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario's current Return-on-Tangible-Asset is 11.47%, which is near median its own 10-year median of 12.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario (BSP:AFHI11) is currently considered Fairly Valued. The stock's GF Value™ is R$92.32, compared to a current price of R$94.59 — trading 2.5% above its estimated fair value. The current Return-on-Tangible-Asset is 11.47%, which is near median its 10-year median of 12.27 and 246.5% above the REITs industry median of 3.31. AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario's overall GF Score™ is 44/100 with 1 warning sign 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 AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario (BSP:AFHI11), the current Return-on-Tangible-Asset is 11.47% as of Jun. 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 AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario (BSP:AFHI11) Overvalued in 2026?
Based on GuruFocus' analysis, AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario stock appears to be overvalued.
The current stock price of R$94.59 is trading 2.5% above its estimated GF Value™ of R$92.32.
GuruFocus considers AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario to be Fairly Valued.
Key valuation signals for BSP:AFHI11:
Return-on-Tangible-Asset: 11.47% (near median its 10-year median of 12.27)
GF Value™: R$92.32 vs. price of R$94.59 (2.5% above fair value)
Industry Position: 246.5% above the REITs median (#100 of 916)
No single metric tells the full story. See the BSP:AFHI11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario invests resources in real estate projects to provide the shareholder with income and capital gains arising from investment, primarily in Target Assets and, secondarily, in Financial Investments.
44GF Score
Get the complete analysis for BSP:AFHI11
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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