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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.
Brio Credito Estruturado - Fundo DE Investimento Imobiliario Return-on-Tangible-Asset Related Terms
Brio Credito Estruturado - Fundo DE Investimento 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.
Brio Credito Estruturado - Fundo DE Investimento Imobiliario Return-on-Tangible-Asset Chart
Brio Credito Estruturado - Fundo DE Investimento Imobiliario Annual Data
Trend
Jun21
Jun22
Jun23
Jun24
Jun25
Return-on-Tangible-Asset
0.00
23.21
17.99
12.26
12.05
Brio Credito Estruturado - Fundo DE Investimento Imobiliario Semi-Annual Data
Jun21
Jun22
Jun23
Jun24
Jun25
Return-on-Tangible-Asset
0.00
23.21
17.99
12.26
12.05
BSP:BICE11 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.
Brio Credito Estruturado - Fundo DE Investimento 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 12.05% mean?
Brio Credito Estruturado - Fundo DE Investimento Imobiliario (BSP:BICE11) has a Return-on-Tangible-Asset of 12.05% 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 Brio Credito Estruturado - Fundo DE Investimento Imobiliario and its competitors. This is 20% below median its historical median of 15.13. Over the past decade, Brio Credito Estruturado - Fundo DE Investimento Imobiliario's Return-on-Tangible-Asset has ranged from 12.05 to 23.21. According to the industry distribution chart, Brio Credito Estruturado - Fundo DE Investimento Imobiliario ranks #91 out of 926 companies in the REITs industry, placing it in the top 9.8%.
Is Brio Credito Estruturado - Fundo DE Investimento Imobiliario's Return-on-Tangible-Asset too high?
Brio Credito Estruturado - Fundo DE Investimento Imobiliario's current Return-on-Tangible-Asset of 12.05% is 20% below median its 10-year median of 15.13. Over the past 10 years, this metric has ranged from a low of 12.05 to a high of 23.21. The REITs industry median Return-on-Tangible-Asset is 3.31. Brio Credito Estruturado - Fundo DE Investimento Imobiliario's value of 12.05% is 264.6% above this industry median. Based on the distribution chart, Brio Credito Estruturado - Fundo DE Investimento Imobiliario ranks #91 out of 926 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Brio Credito Estruturado - Fundo DE Investimento Imobiliario has a GF Score™ of 39/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Brio Credito Estruturado - Fundo DE Investimento Imobiliario's Return-on-Tangible-Asset compare to VICI and WPC?
According to the REITs industry distribution chart, Brio Credito Estruturado - Fundo DE Investimento Imobiliario ranks #91 out of 926 companies for Return-on-Tangible-Asset. This places Brio Credito Estruturado - Fundo DE Investimento Imobiliario in the top 10% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.31. Brio Credito Estruturado - Fundo DE Investimento Imobiliario's value of 12.05% is 264.6% above this benchmark. Historically, Brio Credito Estruturado - Fundo DE Investimento Imobiliario's own Return-on-Tangible-Asset has ranged from 12.05 to 23.21 over the past decade. While the company's 10-year median is 15.13 vs. the industry median of 3.31, Brio Credito Estruturado - Fundo DE Investimento 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 926 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. Brio Credito Estruturado - Fundo DE Investimento Imobiliario's current Return-on-Tangible-Asset of 12.05% is 264.6% 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 Brio Credito Estruturado - Fundo DE Investimento 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. Brio Credito Estruturado - Fundo DE Investimento Imobiliario's current Return-on-Tangible-Asset is 12.05%, which is 20% below median its own 10-year median of 15.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brio Credito Estruturado - Fundo DE Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Brio Credito Estruturado - Fundo DE Investimento Imobiliario (BSP:BICE11) is currently considered Significantly Undervalued. The stock's GF Value™ is R$901.12, compared to a current price of R$499.99 — trading 44.5% below its estimated fair value. The current Return-on-Tangible-Asset is 12.05%, which is 20% below median its 10-year median of 15.13 and 264.6% above the REITs industry median of 3.31. Brio Credito Estruturado - Fundo DE Investimento Imobiliario's overall GF Score™ is 39/100 with 2 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 Brio Credito Estruturado - Fundo DE Investimento Imobiliario (BSP:BICE11), the current Return-on-Tangible-Asset is 12.05% 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 Brio Credito Estruturado - Fundo DE Investimento Imobiliario (BSP:BICE11) Overvalued in 2026?
Based on GuruFocus' analysis, Brio Credito Estruturado - Fundo DE Investimento Imobiliario stock appears to be undervalued.
The current stock price of R$499.99 is trading 44.5% below its estimated GF Value™ of R$901.12.
GuruFocus considers Brio Credito Estruturado - Fundo DE Investimento Imobiliario to be Significantly Undervalued.
Key valuation signals for BSP:BICE11:
Return-on-Tangible-Asset: 12.05% (20% below median its 10-year median of 15.13)
GF Value™: R$901.12 vs. price of R$499.99 (44.5% below fair value)
Industry Position: 264.6% above the REITs median (#91 of 926)
No single metric tells the full story. See the BSP:BICE11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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