Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp (BSP:BTHF11) Return-on-Tangible-Asset: 11.35% (As of Jun. 2025) — 11% Below Median

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BSP:BTHF11 Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp Ltd BSP:BTHF11
5 GF Score
Price R$8.85
! 2 Warning Signs
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What is Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp Return-on-Tangible-Asset?

Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp BSP:BTHF11 -0.23% 5 Return-on-Tangible-Asset is 11.35% as of Jun. 2025, which is 11% below its 10-year median of 12.82. GuruFocus rates BSP:BTHF11 with a GF Score™ of 5/100. The stock has 2 warning signs investors should review. Among 929 REITs companies, Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp ranks better than 88.27% 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. Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp's annualized Net Income for the quarter that ended in Jun. 2025 was R$153.0 Mil. Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp's average total tangible assets for the quarter that ended in Jun. 2025 was R$1,347.8 Mil. Therefore, Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2025 was 11.35%.

The historical rank and industry rank for Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp's Return-on-Tangible-Asset or its related term are showing as below:

BSP:BTHF11' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 11.35   Med: 12.82   Max: 14.29
Current: 11.35

During the past 2 years, Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp's highest Return-on-Tangible-Asset was 14.29%. The lowest was 11.35%. And the median was 12.82%.

BSP:BTHF11's Return-on-Tangible-Asset is ranked better than
88.27% of 929 companies
in the REITs industry
Industry Median: 3.27 vs BSP:BTHF11: 11.35

Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp  (BSP:BTHF11) 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.


Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp Return-on-Tangible-Asset Related Terms


Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp'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.

Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp Return-on-Tangible-Asset Chart

Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp Annual Data
Trend Jun24 Jun25
Return-on-Tangible-Asset
14.29 11.35

Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp Semi-Annual Data
Jun24 Jun25
Return-on-Tangible-Asset 14.29 11.35

BSP:BTHF11 vs VICI, WPC: Return-on-Tangible-Asset Comparison

For the REIT - Diversified subindustry, Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp'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.


Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp Return-on-Tangible-Asset vs REITs Industry

For the REITs industry and Real Estate sector, Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp's Return-on-Tangible-Asset falls into.


BSP:BTHF11
5GF Score
Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp Ltd BSP:BTHF11
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp Return-on-Tangible-Asset Calculation

Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp'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 )
=153.015/( (594.517+2101.058)/ 2 )
=153.015/1347.7875
=11.35 %

Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp'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 )
=153.015/( (594.517+2101.058)/ 2 )
=153.015/1347.7875
=11.35 %

* 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 11.35% mean?
Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp (BSP:BTHF11) has a Return-on-Tangible-Asset of 11.35% 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 Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp and its competitors. This is 11% below median its historical median of 12.82. Over the past decade, Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp's Return-on-Tangible-Asset has ranged from 11.35 to 14.29. According to the industry distribution chart, Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp ranks #109 out of 929 companies in the REITs industry, placing it in the top 11.7%.
Is Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp's Return-on-Tangible-Asset too high?
Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp's current Return-on-Tangible-Asset of 11.35% is 11% below median its 10-year median of 12.82. Over the past 10 years, this metric has ranged from a low of 11.35 to a high of 14.29. The REITs industry median Return-on-Tangible-Asset is 3.27. Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp's value of 11.35% is 247.1% above this industry median. Based on the distribution chart, Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp ranks #109 out of 929 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp's Return-on-Tangible-Asset compare to VICI and WPC?
According to the REITs industry distribution chart, Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp ranks #109 out of 929 companies for Return-on-Tangible-Asset. This places Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.27. Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp's value of 11.35% is 247.1% above this benchmark. Historically, Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp's own Return-on-Tangible-Asset has ranged from 11.35 to 14.29 over the past decade. While the company's 10-year median is 12.82 vs. the industry median of 3.27, Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp 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 3.27, based on 929 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. Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp's current Return-on-Tangible-Asset of 11.35% is 247.1% 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 Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp's current Return-on-Tangible-Asset is 11.35%, which is 11% below median its own 10-year median of 12.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp stock overvalued right now?
Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp (BSP:BTHF11) has a current Return-on-Tangible-Asset of 11.35%. The current Return-on-Tangible-Asset is 11.35%, which is 11% below median its 10-year median of 12.82 and 247.1% above the REITs industry median of 3.27. Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp's overall GF Score™ is 5/100 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 Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp (BSP:BTHF11), the current Return-on-Tangible-Asset is 11.35% 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.

Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp Business Description

Industry Real EstateREITs
Address Botafogo Beach, 501, 6th Floor, Botafogo, RJ, BRA, RJ- 22.250-040
Btg Pactual Real Estate Hedge Fund Fii - Fundo De Invest Imob Resp Ltd is a Real estate investment fund.
5GF Score

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