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.
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.
Oliveira Trust DTVMBSP:DMAC11 Return-on-Tangible-Asset is 20.80% as of Jun. 2025, which is 36% below its 10-year median of 32.52. The stock has 1 warning sign investors should review.
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. Oliveira Trust DTVM's annualizedNet Income for the quarter that ended in Jun. 2025 was R$90.5 Mil. Oliveira Trust DTVM's average total tangible assets for the quarter that ended in Jun. 2025 was R$435.0 Mil. Therefore, Oliveira Trust DTVM's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2025 was 20.80%.
The historical rank and industry rank for Oliveira Trust DTVM's Return-on-Tangible-Asset or its related term are showing as below:
BSP:DMAC11'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 19.61 Med: 32.52 Max: 51.55
Current: 21
During the past 7 years, Oliveira Trust DTVM's highest Return-on-Tangible-Asset was 51.55%. The lowest was 19.61%. And the median was 32.52%.
BSP:DMAC11's Return-on-Tangible-Asset is not ranked
in the Asset Management industry.
Industry Median: 4.23
vs BSP:DMAC11: 21.00
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.
Oliveira Trust DTVM Return-on-Tangible-Asset Related Terms
Oliveira Trust DTVM Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Oliveira Trust DTVM'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.
BSP:DMAC11 vs : Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Oliveira Trust DTVM'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.
Oliveira Trust DTVM Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Oliveira Trust DTVM's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Oliveira Trust DTVM's Return-on-Tangible-Asset falls into.
* 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 20.80% mean?
Oliveira Trust DTVM (BSP:DMAC11) has a Return-on-Tangible-Asset of 20.80% 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 Oliveira Trust DTVM and its competitors. This is 36% below median its historical median of 32.52. Over the past decade, Oliveira Trust DTVM's Return-on-Tangible-Asset has ranged from 19.61 to 51.55.
Is Oliveira Trust DTVM's Return-on-Tangible-Asset too high?
Oliveira Trust DTVM's current Return-on-Tangible-Asset of 20.80% is 36% below median its 10-year median of 32.52. Over the past 10 years, this metric has ranged from a low of 19.61 to a high of 51.55. The Asset Management industry median Return-on-Tangible-Asset is 4.23. Oliveira Trust DTVM's value of 20.80% is 391.7% above this industry median.
How does Oliveira Trust DTVM's Return-on-Tangible-Asset compare to ?
Oliveira Trust DTVM's Return-on-Tangible-Asset of 20.80% can be compared against companies in the Asset Management industry. The industry median Return-on-Tangible-Asset is 4.23. Oliveira Trust DTVM's value of 20.80% is 391.7% above this benchmark. Historically, Oliveira Trust DTVM's own Return-on-Tangible-Asset has ranged from 19.61 to 51.55 over the past decade. While the company's 10-year median is 32.52 vs. the industry median of 4.23, Oliveira Trust DTVM 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 an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.23, based on 1,635 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. Oliveira Trust DTVM's current Return-on-Tangible-Asset of 20.80% is 391.7% 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 Oliveira Trust DTVM and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oliveira Trust DTVM's current Return-on-Tangible-Asset is 20.80%, which is 36% below median its own 10-year median of 32.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oliveira Trust DTVM stock overvalued right now?
Oliveira Trust DTVM (BSP:DMAC11) has a current Return-on-Tangible-Asset of 20.80%. The current Return-on-Tangible-Asset is 20.80%, which is 36% below median its 10-year median of 32.52 and 391.7% above the Asset Management industry median of 4.23. 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 Oliveira Trust DTVM (BSP:DMAC11), the current Return-on-Tangible-Asset is 20.80% 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.
Oliveira Trust DTVM SA operates as a trust. The company provides services such as fund administration, title registration, fiduciary services, CRIs (Real Estate Receivables Certificates), trustee in structured receivables securitization operations, investment funds, Securities Custodian and administrator, FII - Real Estate Investment Fund, FIP - Equity Investment Fund, FI 409 (Investment Funds regulated by CVM Instruction 409) and FMIEE - Mutual Fund for Emerging Companies Investment, among others.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:DMAC11 has been successfully added to your 
