BRPRorate Offices FII (BSP:BROF11) Return-on-Tangible-Asset: 0.00% (As of Jun. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:BROF11 BRPR Corporate Offices FII BSP:BROF11
38 GF Score
Price R$60.05
! 9 Warning Signs
View Full Analysis

What is BRPRorate Offices FII Return-on-Tangible-Asset?

BRPRorate Offices FII BSP:BROF11 -0.74% 38 Return-on-Tangible-Asset is 0.00% as of Jun. 2025. GuruFocus rates BSP:BROF11 with a GF Score™ of 38/100. The stock has 9 warning signs investors should review. Among 926 REITs companies, BRPRorate Offices FII ranks better than 68.9% 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. BRPRorate Offices FII's annualized Net Income for the quarter that ended in Jun. 2025 was R$0.0 Mil. BRPRorate Offices FII's average total tangible assets for the quarter that ended in Jun. 2025 was R$1,494.1 Mil. Therefore, BRPRorate Offices FII's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2025 was 0.00%.

The historical rank and industry rank for BRPRorate Offices FII's Return-on-Tangible-Asset or its related term are showing as below:

BSP:BROF11' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.28   Med: 6.13   Max: 6.98
Current: 5.28

During the past 3 years, BRPRorate Offices FII's highest Return-on-Tangible-Asset was 6.98%. The lowest was 5.28%. And the median was 6.13%.

BSP:BROF11's Return-on-Tangible-Asset is ranked better than
68.9% of 926 companies
in the REITs industry
Industry Median: 3.295 vs BSP:BROF11: 5.28

BRPRorate Offices FII  (BSP:BROF11) 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.


BRPRorate Offices FII Return-on-Tangible-Asset Related Terms


BRPRorate Offices FII Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for BRPRorate Offices FII'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.

BRPRorate Offices FII Return-on-Tangible-Asset Chart

BRPRorate Offices FII Annual Data
Trend Jun23 Jun24 Jun25
Return-on-Tangible-Asset
0.00 6.98 5.28

BRPRorate Offices FII Semi-Annual Data
Jun23 Jun24 Jun25
Return-on-Tangible-Asset 3.48 0.00 0.00

BSP:BROF11 vs VICI, WPC: Return-on-Tangible-Asset Comparison

For the REIT - Diversified subindustry, BRPRorate Offices FII'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.


BRPRorate Offices FII Return-on-Tangible-Asset vs REITs Industry

For the REITs industry and Real Estate sector, BRPRorate Offices FII's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where BRPRorate Offices FII's Return-on-Tangible-Asset falls into.


BSP:BROF11
38GF Score
BRPR Corporate Offices FII BSP:BROF11
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BRPRorate Offices FII Return-on-Tangible-Asset Calculation

BRPRorate Offices FII's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=78.868/( (1485.846+1502.4)/ 2 )
=78.868/1494.123
=5.28 %

BRPRorate Offices FII's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2025 )  (Q: Jun. 2024 )(Q: Jun. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2025 )  (Q: Jun. 2024 )(Q: Jun. 2025 )
=0/( (1485.846+1502.4)/ 2 )
=0/1494.123
=0.00 %

* 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 two times the semi-annual (Jun. 2025) net income data.

What does a Return-on-Tangible-Asset of 0.00% mean?
BRPRorate Offices FII (BSP:BROF11) has a Return-on-Tangible-Asset of 0.00% 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 BRPRorate Offices FII and its competitors. Over the past decade, BRPRorate Offices FII's Return-on-Tangible-Asset has ranged from 5.28 to 6.98. According to the industry distribution chart, BRPRorate Offices FII ranks #288 out of 926 companies in the REITs industry, placing it in the top 31.1%.
Is BRPRorate Offices FII's Return-on-Tangible-Asset too high?
BRPRorate Offices FII's current Return-on-Tangible-Asset is 0.00%. Over the past 10 years, this metric has ranged from a low of 5.28 to a high of 6.98. Based on the distribution chart, BRPRorate Offices FII ranks #288 out of 926 companies in the REITs industry, which is above the industry midpoint. Overall, BRPRorate Offices FII has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does BRPRorate Offices FII's Return-on-Tangible-Asset compare to VICI and WPC?
According to the REITs industry distribution chart, BRPRorate Offices FII ranks #288 out of 926 companies for Return-on-Tangible-Asset. This puts BRPRorate Offices FII in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.30. Historically, BRPRorate Offices FII's own Return-on-Tangible-Asset has ranged from 5.28 to 6.98 over the past decade. 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 3.30, 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. 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 BRPRorate Offices FII and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BRPRorate Offices FII's current Return-on-Tangible-Asset is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BRPRorate Offices FII stock overvalued right now?
BRPRorate Offices FII (BSP:BROF11) has a current Return-on-Tangible-Asset of 0.00%. The current Return-on-Tangible-Asset is 0.00%. BRPRorate Offices FII's overall GF Score™ is 38/100 with 9 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 BRPRorate Offices FII (BSP:BROF11), the current Return-on-Tangible-Asset is 0.00% 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.

BRPRorate Offices FII Business Description

Industry Real EstateREITs
Address Praia de Botafogo, 501, 6th Floor, Parte, Torre Corcovado, Botafogo, Rio de Janeiro, RJ, BRA, 22250040
BRPR Corporate Offices FII is a closed-end fund. The fund is intended for individuals and legal entities residing and domiciled in Brazil, institutional investors, and Investment funds, as well as non-resident investors, subject to applicable regulations (investors in general).
38GF Score

Get the complete analysis for BSP:BROF11

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

R$60.05
Price