BSP:DAYM11's Return-on-Tangible-Asset is ranked better than 59.96% of 939
companies
in the REITs industry
Industry Median: 3.24
vs BSP:DAYM11: 4.30
Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo (BSP:DAYM11) 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.
Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo Return-on-Tangible-Asset Related Terms
Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo 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.
Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo Return-on-Tangible-Asset Chart
Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
Return-on-Tangible-Asset
1.88
-0.17
5.48
2.80
4.30
Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo Semi-Annual Data
Dec21
Dec22
Dec23
Dec24
Dec25
Return-on-Tangible-Asset
1.88
-0.17
5.48
2.80
4.30
BSP:DAYM11 vs EQIX, AMT, DLR: 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.
Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo 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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 4.30% mean?
Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo (BSP:DAYM11) has a Return-on-Tangible-Asset of 4.30% 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 Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo and its competitors. This is 54% above median its historical median of 2.80. According to the industry distribution chart, Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo ranks #376 out of 939 companies in the REITs industry, placing it in the top 40%.
Is Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo's Return-on-Tangible-Asset too high?
Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo's current Return-on-Tangible-Asset of 4.30% is 54% above median its 10-year median of 2.80. The REITs industry median Return-on-Tangible-Asset is 3.24. Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo's value of 4.30% is 32.7% above this industry median. Based on the distribution chart, Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo ranks #376 out of 939 companies in the REITs industry, which is above the industry midpoint. Overall, Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo's Return-on-Tangible-Asset compare to EQIX and AMT?
According to the REITs industry distribution chart, Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo ranks #376 out of 939 companies for Return-on-Tangible-Asset. This puts Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.24. Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo's value of 4.30% is 32.7% above this benchmark. While the company's 10-year median is 2.80 vs. the industry median of 3.24, Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo 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 3.24, based on 939 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. Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo's current Return-on-Tangible-Asset of 4.30% is 32.7% 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 Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo's current Return-on-Tangible-Asset is 4.30%, which is 54% above median its own 10-year median of 2.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo stock overvalued right now?
Based on GuruFocus' analysis, Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo (BSP:DAYM11) is currently considered Significantly Overvalued. The stock's GF Value™ is R$3.04, compared to a current price of R$4.05 — trading 33.2% above its estimated fair value. The current Return-on-Tangible-Asset is 4.30%, which is 54% above median its 10-year median of 2.80 and 32.7% above the REITs industry median of 3.24. Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo's overall GF Score™ is 57/100 with 5 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 Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo (BSP:DAYM11), the current Return-on-Tangible-Asset is 4.30% 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 Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo (BSP:DAYM11) Overvalued in 2026?
Based on GuruFocus' analysis, Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo stock appears to be overvalued.
The current stock price of R$4.05 is trading 33.2% above its estimated GF Value™ of R$3.04.
GuruFocus considers Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo to be Significantly Overvalued.
Key valuation signals for BSP:DAYM11:
Return-on-Tangible-Asset: 4.30% (54% above median its 10-year median of 2.80)
GF Value™: R$3.04 vs. price of R$4.05 (33.2% above fair value)
Industry Position: 32.7% above the REITs median (#376 of 939)
No single metric tells the full story. See the BSP:DAYM11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo Business Description
Daycoval Real Estate Multiestrategia Fundo De Invest Imob De Respo Ltd is a real estate investment fund whose main objective is to earn income from rentals and capital gains based on the appreciation of its assets. The fund invests in commercial properties in the main urban regions of Brazil.
57GF Score
Get the complete analysis for BSP:DAYM11
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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