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BSP:HSML11's Return-on-Tangible-Asset is ranked worse than 55.85% of 1633
companies
in the Asset Management industry
Industry Median: 4.24
vs BSP:HSML11: 3.30
Hsi Malls Fundo DE Investimento Imobiliario (BSP:HSML11) 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.
Hsi Malls Fundo DE Investimento Imobiliario Return-on-Tangible-Asset Related Terms
Hsi Malls Fundo DE Investimento Imobiliario 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.
Hsi Malls Fundo DE Investimento Imobiliario Return-on-Tangible-Asset Chart
Hsi Malls Fundo DE Investimento Imobiliario Annual Data
BSP:HSML11 vs BLK, BX, KKR: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Hsi Malls Fundo DE Investimento Imobiliario'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.
Hsi Malls Fundo DE Investimento Imobiliario Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Hsi Malls Fundo DE Investimento Imobiliario's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hsi Malls Fundo DE Investimento Imobiliario'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 one times the annual (Jun. 2025) net income data.
What does a Return-on-Tangible-Asset of 3.30% mean?
Hsi Malls Fundo DE Investimento Imobiliario (BSP:HSML11) has a Return-on-Tangible-Asset of 3.30% 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 Hsi Malls Fundo DE Investimento Imobiliario and its competitors. This is 32% below median its historical median of 4.86. According to the industry distribution chart, Hsi Malls Fundo DE Investimento Imobiliario ranks #912 out of 1633 companies in the Asset Management industry, placing it in the top 55.8%.
Is Hsi Malls Fundo DE Investimento Imobiliario's Return-on-Tangible-Asset too high?
Hsi Malls Fundo DE Investimento Imobiliario's current Return-on-Tangible-Asset of 3.30% is 32% below median its 10-year median of 4.86. The Asset Management industry median Return-on-Tangible-Asset is 4.24. Hsi Malls Fundo DE Investimento Imobiliario's value of 3.30% is 22.2% below this industry median. Based on the distribution chart, Hsi Malls Fundo DE Investimento Imobiliario ranks #912 out of 1633 companies in the Asset Management industry, which is below the industry midpoint. Overall, Hsi Malls Fundo DE Investimento Imobiliario has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hsi Malls Fundo DE Investimento Imobiliario's Return-on-Tangible-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Hsi Malls Fundo DE Investimento Imobiliario ranks #912 out of 1633 companies for Return-on-Tangible-Asset. This places Hsi Malls Fundo DE Investimento Imobiliario in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.24. Hsi Malls Fundo DE Investimento Imobiliario's value of 3.30% is 22.2% below this benchmark. While the company's 10-year median is 4.86 vs. the industry median of 4.24, Hsi Malls Fundo DE Investimento Imobiliario has consistently been below 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 4.24, based on 1,633 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. Hsi Malls Fundo DE Investimento Imobiliario's current Return-on-Tangible-Asset of 3.30% is 22.2% below 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 Hsi Malls Fundo DE Investimento Imobiliario and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hsi Malls Fundo DE Investimento Imobiliario's current Return-on-Tangible-Asset is 3.30%, which is 32% below median its own 10-year median of 4.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsi Malls Fundo DE Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Hsi Malls Fundo DE Investimento Imobiliario (BSP:HSML11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$115.69, compared to a current price of R$87.52 — trading 24.3% below its estimated fair value. The current Return-on-Tangible-Asset is 3.30%, which is 32% below median its 10-year median of 4.86 and 22.2% below the Asset Management industry median of 4.24. Hsi Malls Fundo DE Investimento Imobiliario's overall GF Score™ is 81/100 with 8 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 Hsi Malls Fundo DE Investimento Imobiliario (BSP:HSML11), the current Return-on-Tangible-Asset is 3.30% 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 Hsi Malls Fundo DE Investimento Imobiliario (BSP:HSML11) Overvalued in 2026?
Based on GuruFocus' analysis, Hsi Malls Fundo DE Investimento Imobiliario stock appears to be undervalued.
The current stock price of R$87.52 is trading 24.3% below its estimated GF Value™ of R$115.69.
GuruFocus considers Hsi Malls Fundo DE Investimento Imobiliario to be Modestly Undervalued.
Key valuation signals for BSP:HSML11:
Return-on-Tangible-Asset: 3.30% (32% below median its 10-year median of 4.86)
GF Value™: R$115.69 vs. price of R$87.52 (24.3% below fair value)
Industry Position: 22.2% below the Asset Management median (#912 of 1633)
No single metric tells the full story. See the BSP:HSML11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hsi Malls Fundo DE Investimento Imobiliario Business Description
Hsi Malls Fundo DE Investimento Imobiliario is a Brazil-based company engaged in real estate and credit business. Its real estate holdings include Cipasa Urbanismo, GoodStorage, Saphyr Shopping Centers, and office and logistics properties in Brazil.
81GF Score
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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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