Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I (BSP:GAME11) Return-on-Tangible-Asset: 15.69% (As of Dec. 2025)— 25% Above Median
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BSP:GAME11's Return-on-Tangible-Asset is ranked better than 94.89% of 939
companies
in the REITs industry
Industry Median: 3.27
vs BSP:GAME11: 15.69
Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I (BSP:GAME11) 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.
Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I Return-on-Tangible-Asset Related Terms
Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I 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.
Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I Return-on-Tangible-Asset Chart
Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
Return-on-Tangible-Asset
0.00
13.30
11.79
3.43
15.69
Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I Semi-Annual Data
Dec21
Dec22
Dec23
Dec24
Dec25
Return-on-Tangible-Asset
0.00
13.30
11.79
3.43
15.69
BSP:GAME11 vs VICI, WPC: 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.
Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I 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 15.69% mean?
Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I (BSP:GAME11) has a Return-on-Tangible-Asset of 15.69% 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 Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I and its competitors. This is 25% above median its historical median of 12.55. Over the past decade, Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I's Return-on-Tangible-Asset has ranged from 3.43 to 15.69. According to the industry distribution chart, Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I ranks #48 out of 939 companies in the REITs industry, placing it in the top 5.1%.
Is Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I's Return-on-Tangible-Asset too high?
Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I's current Return-on-Tangible-Asset of 15.69% is 25% above median its 10-year median of 12.55. Over the past 10 years, this metric has ranged from a low of 3.43 to a high of 15.69. The REITs industry median Return-on-Tangible-Asset is 3.27. Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I's value of 15.69% is 379.8% above this industry median. Based on the distribution chart, Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I ranks #48 out of 939 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I has a GF Score™ of 52/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I's Return-on-Tangible-Asset compare to VICI and WPC?
According to the REITs industry distribution chart, Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I ranks #48 out of 939 companies for Return-on-Tangible-Asset. This places Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I in the top 5% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.27. Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I's value of 15.69% is 379.8% above this benchmark. Historically, Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I's own Return-on-Tangible-Asset has ranged from 3.43 to 15.69 over the past decade. While the company's 10-year median is 12.55 vs. the industry median of 3.27, Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I 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 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. Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I's current Return-on-Tangible-Asset of 15.69% is 379.8% 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 Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I 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. Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I's current Return-on-Tangible-Asset is 15.69%, which is 25% above median its own 10-year median of 12.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I stock overvalued right now?
Based on GuruFocus' analysis, Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I (BSP:GAME11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$11.43, compared to a current price of R$8.38 — trading 26.7% below its estimated fair value. The current Return-on-Tangible-Asset is 15.69%, which is 25% above median its 10-year median of 12.55 and 379.8% above the REITs industry median of 3.27. Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I's overall GF Score™ is 52/100 with 1 warning sign 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 Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I (BSP:GAME11), the current Return-on-Tangible-Asset is 15.69% 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 Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I (BSP:GAME11) Overvalued in 2026?
Based on GuruFocus' analysis, Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I stock appears to be undervalued.
The current stock price of R$8.38 is trading 26.7% below its estimated GF Value™ of R$11.43.
GuruFocus considers Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I to be Modestly Undervalued.
Key valuation signals for BSP:GAME11:
Return-on-Tangible-Asset: 15.69% (25% above median its 10-year median of 12.55)
GF Value™: R$11.43 vs. price of R$8.38 (26.7% below fair value)
Industry Position: 379.8% above the REITs median (#48 of 939)
No single metric tells the full story. See the BSP:GAME11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fundo DE Investimen Imobiliario Guardian Multiestrategia Imobiliaria I Business Description
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