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BSP:HPDP11's Return-on-Tangible-Asset is ranked better than 56.3% of 936
companies
in the REITs industry
Industry Median: 3.235
vs BSP:HPDP11: 3.86
Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario (BSP:HPDP11) 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.
Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario Return-on-Tangible-Asset Related Terms
Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario 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.
Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario Return-on-Tangible-Asset Chart
Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario Annual Data
* 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.
Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario 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 (Jun. 2025) net income data.
What does a Return-on-Tangible-Asset of 3.86% mean?
Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario (BSP:HPDP11) has a Return-on-Tangible-Asset of 3.86% 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 Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario and its competitors. This is near median its historical median of 3.86. Over the past decade, Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario's Return-on-Tangible-Asset has ranged from 0.55 to 15.84. According to the industry distribution chart, Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario ranks #409 out of 936 companies in the REITs industry, placing it in the top 43.7%.
Is Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario's Return-on-Tangible-Asset too high?
Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario's current Return-on-Tangible-Asset of 3.86% is near median its 10-year median of 3.86. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 15.84. The REITs industry median Return-on-Tangible-Asset is 3.24. Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario's value of 3.86% is 19.3% above this industry median. Based on the distribution chart, Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario ranks #409 out of 936 companies in the REITs industry, which is above the industry midpoint. Overall, Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario's Return-on-Tangible-Asset compare to SPG and O?
According to the REITs industry distribution chart, Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario ranks #409 out of 936 companies for Return-on-Tangible-Asset. This puts Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.24. Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario's value of 3.86% is 19.3% above this benchmark. Historically, Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario's own Return-on-Tangible-Asset has ranged from 0.55 to 15.84 over the past decade. While the company's 10-year median is 3.86 vs. the industry median of 3.24, Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario 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 936 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. Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario's current Return-on-Tangible-Asset of 3.86% is 19.3% 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 Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario 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. Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario's current Return-on-Tangible-Asset is 3.86%, which is near median its own 10-year median of 3.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario stock overvalued right now?
Based on GuruFocus' analysis, Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario (BSP:HPDP11) is currently considered Significantly Overvalued. The stock's GF Value™ is R$58.11, compared to a current price of R$91.99 — trading 58.3% above its estimated fair value. The current Return-on-Tangible-Asset is 3.86%, which is near median its 10-year median of 3.86 and 19.3% above the REITs industry median of 3.24. Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario's overall GF Score™ is 38/100 with 6 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 Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario (BSP:HPDP11), the current Return-on-Tangible-Asset is 3.86% 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.
Is Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario (BSP:HPDP11) Overvalued in 2026?
Based on GuruFocus' analysis, Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario stock appears to be overvalued.
The current stock price of R$91.99 is trading 58.3% above its estimated GF Value™ of R$58.11.
GuruFocus considers Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario to be Significantly Overvalued.
Key valuation signals for BSP:HPDP11:
Return-on-Tangible-Asset: 3.86% (near median its 10-year median of 3.86)
GF Value™: R$58.11 vs. price of R$91.99 (58.3% above fair value)
Industry Position: 19.3% above the REITs median (#409 of 936)
No single metric tells the full story. See the BSP:HPDP11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario Business Description
Hedge Shopping Parque Dom Pedro Fundo DE Investimento Imobliario is a closed-end fund, with an indefinite term and aimed at investors in general, including individuals, legal entities, investment funds and institutional investors, residing and domiciled in Brazil or abroad. The fund's objective is to provide its shareholders with appreciation and profitability of their shares in the long term, in accordance with the fund's investment policy, aiming to obtain income from the investment of its net worth, directly or indirectly, in the real estate development called Shopping Parque Dom Pedro, in whole or in part, as well as in assets and rights related to it.
38GF Score
Get the complete analysis for BSP:HPDP11
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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