Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario (BSP:BLCA11) Return-on-Tangible-Asset: 0.17% (As of Dec. 2025) — 97% Below Median

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BSP:BLCA11 Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario BSP:BLCA11
50 GF Score
Price R$94.89
GF Value R$104.09
Valuation Fairly Valued
! 3 Warning Signs
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What is Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario Return-on-Tangible-Asset?

Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario BSP:BLCA11 +2.81% 50 Return-on-Tangible-Asset is 0.17% as of Dec. 2025, which is 97% below its 10-year median of 5.09. GuruFocus rates BSP:BLCA11 with a GF Score™ of 50/100 and a GF Value™ of R$104.09 (Fairly Valued). The stock has 3 warning signs investors should review. Among 925 REITs companies, Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario ranks worse than 78.59% 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. Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario's annualized Net Income for the quarter that ended in Dec. 2025 was R$0.82 Mil. Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario's average total tangible assets for the quarter that ended in Dec. 2025 was R$476.95 Mil. Therefore, Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 0.17%.

The historical rank and industry rank for Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario's Return-on-Tangible-Asset or its related term are showing as below:

BSP:BLCA11' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.17   Med: 5.09   Max: 16.33
Current: 0.17

During the past 5 years, Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario's highest Return-on-Tangible-Asset was 16.33%. The lowest was 0.17%. And the median was 5.09%.

BSP:BLCA11's Return-on-Tangible-Asset is ranked worse than
78.59% of 925 companies
in the REITs industry
Industry Median: 3.28 vs BSP:BLCA11: 0.17

Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario  (BSP:BLCA11) 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.


Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario Return-on-Tangible-Asset Related Terms


Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario'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.

Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario Return-on-Tangible-Asset Chart

Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
7.99 16.33 1.52 5.09 0.17

Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario Semi-Annual Data
Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset 7.99 16.33 1.52 5.09 0.17

BSP:BLCA11 vs VICI, WPC: Return-on-Tangible-Asset Comparison

For the REIT - Diversified subindustry, Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario'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.


Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario Return-on-Tangible-Asset vs REITs Industry

For the REITs industry and Real Estate sector, Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario's Return-on-Tangible-Asset falls into.


BSP:BLCA11
50GF Score
Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario BSP:BLCA11
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario Return-on-Tangible-Asset Calculation

Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario'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 )
=0.816/( (475.535+478.361)/ 2 )
=0.816/476.948
=0.17 %

Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario'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 )
=0.816/( (475.535+478.361)/ 2 )
=0.816/476.948
=0.17 %

* 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 0.17% mean?
Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario (BSP:BLCA11) has a Return-on-Tangible-Asset of 0.17% 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 Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario and its competitors. This is 97% below median its historical median of 5.09. Over the past decade, Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario's Return-on-Tangible-Asset has ranged from 0.17 to 16.33. According to the industry distribution chart, Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario ranks #727 out of 925 companies in the REITs industry, placing it in the top 78.6%.
Is Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario's Return-on-Tangible-Asset too high?
Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario's current Return-on-Tangible-Asset of 0.17% is 97% below median its 10-year median of 5.09. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 16.33. The REITs industry median Return-on-Tangible-Asset is 3.28. Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario's value of 0.17% is 94.8% below this industry median. Based on the distribution chart, Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario ranks #727 out of 925 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario's Return-on-Tangible-Asset compare to VICI and WPC?
According to the REITs industry distribution chart, Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario ranks #727 out of 925 companies for Return-on-Tangible-Asset. This places Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.28. Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario's value of 0.17% is 94.8% below this benchmark. Historically, Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario's own Return-on-Tangible-Asset has ranged from 0.17 to 16.33 over the past decade. While the company's 10-year median is 5.09 vs. the industry median of 3.28, Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario has consistently been below 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 3.28, based on 925 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. Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario's current Return-on-Tangible-Asset of 0.17% is 94.8% below 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 Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario's current Return-on-Tangible-Asset is 0.17%, which is 97% below median its own 10-year median of 5.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario (BSP:BLCA11) is currently considered Fairly Valued. The stock's GF Value™ is R$104.09, compared to a current price of R$94.89 — trading 8.8% below its estimated fair value. The current Return-on-Tangible-Asset is 0.17%, which is 97% below median its 10-year median of 5.09 and 94.8% below the REITs industry median of 3.28. Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario's overall GF Score™ is 50/100 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 Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario (BSP:BLCA11), the current Return-on-Tangible-Asset is 0.17% 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 Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario (BSP:BLCA11) Overvalued in 2026?

Based on GuruFocus' analysis, Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario stock appears to be undervalued. The current stock price of R$94.89 is trading 8.8% below its estimated GF Value™ of R$104.09. GuruFocus considers Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario to be Fairly Valued.

Key valuation signals for BSP:BLCA11:

  • Return-on-Tangible-Asset: 0.17% (97% below median its 10-year median of 5.09)
  • GF Value™: R$104.09 vs. price of R$94.89 (8.8% below fair value)
  • GF Score™: 50/100 with 3 warning signs
  • Industry Position: 94.8% below the REITs median (#727 of 925)

No single metric tells the full story. See the BSP:BLCA11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario Business Description

Industry Real EstateREITs
Address Avenida das Nacoes Unidas, 2179, 4th Floor, Moncoes, SP, BRA
Bluemacaw Catuai Triple A Fundo DE Investimento Imobiliario is a real estate investment trust. Its goal is to invest in high quality opportunities, long term assets and businesses where disproportionate growth supported by strong global economic and demographic fundamentals.
50GF Score

Get the complete analysis for BSP:BLCA11

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

R$94.89
Price
R$104.09
GF Value