Fundo DE Investimento Imobiliario FOF Integral Brei (BSP:IBFF11) Return-on-Tangible-Asset: -4.36% (As of Jun. 2022)

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BSP:IBFF11 Fundo DE Investimento Imobiliario FOF Integral Brei BSP:IBFF11
36 GF Score
Price R$66.40
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What is Fundo DE Investimento Imobiliario FOF Integral Brei Return-on-Tangible-Asset?

Fundo DE Investimento Imobiliario FOF Integral Brei BSP:IBFF11 36 Return-on-Tangible-Asset is -4.36% as of Jun. 2022. GuruFocus rates BSP:IBFF11 with a GF Score™ of 36/100.

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. Fundo DE Investimento Imobiliario FOF Integral Brei's annualized Net Income for the quarter that ended in Jun. 2022 was R$-2.23 Mil. Fundo DE Investimento Imobiliario FOF Integral Brei's average total tangible assets for the quarter that ended in Jun. 2022 was R$51.17 Mil. Therefore, Fundo DE Investimento Imobiliario FOF Integral Brei's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2022 was -4.36%.

The historical rank and industry rank for Fundo DE Investimento Imobiliario FOF Integral Brei's Return-on-Tangible-Asset or its related term are showing as below:

BSP:IBFF11's Return-on-Tangible-Asset is not ranked *
in the REITs industry.
Industry Median: 3.27
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Fundo DE Investimento Imobiliario FOF Integral Brei  (BSP:IBFF11) 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 company’s 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 company’s 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 Investimento Imobiliario FOF Integral Brei Return-on-Tangible-Asset Related Terms


Fundo DE Investimento Imobiliario FOF Integral Brei Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Fundo DE Investimento Imobiliario FOF Integral Brei'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.

Fundo DE Investimento Imobiliario FOF Integral Brei Return-on-Tangible-Asset Chart

Fundo DE Investimento Imobiliario FOF Integral Brei Annual Data
Trend Jun20 Jun21 Jun22
Return-on-Tangible-Asset
0.00 -5.46 -4.36

Fundo DE Investimento Imobiliario FOF Integral Brei Semi-Annual Data
Jun20 Jun21 Jun22
Return-on-Tangible-Asset 0.00 -5.46 -4.36

BSP:IBFF11 vs : Return-on-Tangible-Asset Comparison

For the REIT - Residential subindustry, Fundo DE Investimento Imobiliario FOF Integral Brei'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.


Fundo DE Investimento Imobiliario FOF Integral Brei Return-on-Tangible-Asset vs REITs Industry

For the REITs industry and Real Estate sector, Fundo DE Investimento Imobiliario FOF Integral Brei's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Fundo DE Investimento Imobiliario FOF Integral Brei's Return-on-Tangible-Asset falls into.


BSP:IBFF11
36GF Score
Fundo DE Investimento Imobiliario FOF Integral Brei BSP:IBFF11
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Fundo DE Investimento Imobiliario FOF Integral Brei Return-on-Tangible-Asset Calculation

Fundo DE Investimento Imobiliario FOF Integral Brei's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2022 )  (A: Jun. 2021 )(A: Jun. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2022 )  (A: Jun. 2021 )(A: Jun. 2022 )
=-2.232/( (54.306+48.025)/ 2 )
=-2.232/51.1655
=-4.36 %

Fundo DE Investimento Imobiliario FOF Integral Brei's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Jun. 2021 )(Q: Jun. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Jun. 2021 )(Q: Jun. 2022 )
=-2.232/( (54.306+48.025)/ 2 )
=-2.232/51.1655
=-4.36 %

* 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. 2022) net income data.

What does a Return-on-Tangible-Asset of -4.36% mean?
Fundo DE Investimento Imobiliario FOF Integral Brei (BSP:IBFF11) has a Return-on-Tangible-Asset of -4.36% as of Jun. 2022. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Fundo DE Investimento Imobiliario FOF Integral Brei and its competitors.
Is Fundo DE Investimento Imobiliario FOF Integral Brei's Return-on-Tangible-Asset too high?
Fundo DE Investimento Imobiliario FOF Integral Brei's current Return-on-Tangible-Asset is -4.36%. Overall, Fundo DE Investimento Imobiliario FOF Integral Brei has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Fundo DE Investimento Imobiliario FOF Integral Brei's Return-on-Tangible-Asset compare to ?
Fundo DE Investimento Imobiliario FOF Integral Brei's Return-on-Tangible-Asset of -4.36% can be compared against companies in the REITs industry. The industry median Return-on-Tangible-Asset is 3.27. 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. 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 Investimento Imobiliario FOF Integral Brei 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 Investimento Imobiliario FOF Integral Brei's current Return-on-Tangible-Asset is -4.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo DE Investimento Imobiliario FOF Integral Brei stock overvalued right now?
Fundo DE Investimento Imobiliario FOF Integral Brei (BSP:IBFF11) has a current Return-on-Tangible-Asset of -4.36%. The current Return-on-Tangible-Asset is -4.36%. Fundo DE Investimento Imobiliario FOF Integral Brei's overall GF Score™ is 36/100. 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 Investimento Imobiliario FOF Integral Brei (BSP:IBFF11), the current Return-on-Tangible-Asset is -4.36% as of Jun. 2022. 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.

Fundo DE Investimento Imobiliario FOF Integral Brei Business Description

Industry Real EstateREITs
Comparable Companies
Address Botafogo Beach, 501, 5th Floor, Rio de Janeiro, RJ, BRA, 22250040
Fundo DE Investimento Imobiliario FOF Integral Brei is a real estate investment trust. Its objective is to invest in shares of other real estate investment funds (FII) admitted to trading on organized markets managed by B3 SA - Brasil, Bolsa Balcao (B3), and certificates real estate receivables (CRI); mortgage bills; real estate credit bills; and guaranteed real estate bills.
36GF 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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