Jfl Living Fundo DE Investimento Imobiliario (BSP:JFLL11) Return-on-Tangible-Asset: 10.32% (As of Dec. 2024) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BSP:JFLL11 Jfl Living Fundo DE Investimento Imobiliario BSP:JFLL11
47 GF Score
Price R$55.83
GF Value R$89.16
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Jfl Living Fundo DE Investimento Imobiliario Return-on-Tangible-Asset?

Jfl Living Fundo DE Investimento Imobiliario BSP:JFLL11 +0.54% 47 Return-on-Tangible-Asset is 10.32% as of Dec. 2024, which is 3% above its 10-year median of 10.00. GuruFocus rates BSP:JFLL11 with a GF Score™ of 47/100 and a GF Value™ of R$89.16 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 933 REITs companies, Jfl Living Fundo DE Investimento Imobiliario ranks better than 85.85% on this metric.

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. Jfl Living Fundo DE Investimento Imobiliario's annualized Net Income for the quarter that ended in Dec. 2024 was R$16.53 Mil. Jfl Living Fundo DE Investimento Imobiliario's average total tangible assets for the quarter that ended in Dec. 2024 was R$160.25 Mil. Therefore, Jfl Living Fundo DE Investimento Imobiliario's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 10.32%.

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

BSP:JFLL11' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.99   Med: 10   Max: 10.37
Current: 10.32

During the past 4 years, Jfl Living Fundo DE Investimento Imobiliario's highest Return-on-Tangible-Asset was 10.37%. The lowest was 8.99%. And the median was 10.00%.

BSP:JFLL11's Return-on-Tangible-Asset is ranked better than
85.85% of 933 companies
in the REITs industry
Industry Median: 3.27 vs BSP:JFLL11: 10.32

Jfl Living Fundo DE Investimento Imobiliario  (BSP:JFLL11) 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.


Jfl Living Fundo DE Investimento Imobiliario Return-on-Tangible-Asset Related Terms


Jfl Living Fundo DE Investimento Imobiliario Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Jfl Living Fundo DE Investimento Imobiliario'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.

Jfl Living Fundo DE Investimento Imobiliario Return-on-Tangible-Asset Chart

Jfl Living Fundo DE Investimento Imobiliario Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
9.67 8.99 10.37 10.32

Jfl Living Fundo DE Investimento Imobiliario Semi-Annual Data
Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset 9.67 8.99 10.37 10.32

BSP:JFLL11 vs VICI, WPC: Return-on-Tangible-Asset Comparison

For the REIT - Diversified subindustry, Jfl Living 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.


Jfl Living Fundo DE Investimento Imobiliario Return-on-Tangible-Asset vs REITs Industry

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

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


BSP:JFLL11
47GF Score
Jfl Living Fundo DE Investimento Imobiliario BSP:JFLL11
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jfl Living Fundo DE Investimento Imobiliario Return-on-Tangible-Asset Calculation

Jfl Living Fundo DE Investimento Imobiliario's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=16.533/( (157.49+163.019)/ 2 )
=16.533/160.2545
=10.32 %

Jfl Living Fundo DE Investimento Imobiliario's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=16.533/( (157.49+163.019)/ 2 )
=16.533/160.2545
=10.32 %

* 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. 2024) net income data.

What does a Return-on-Tangible-Asset of 10.32% mean?
Jfl Living Fundo DE Investimento Imobiliario (BSP:JFLL11) has a Return-on-Tangible-Asset of 10.32% as of Dec. 2024. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Jfl Living Fundo DE Investimento Imobiliario and its competitors. This is near median its historical median of 10.00. Over the past decade, Jfl Living Fundo DE Investimento Imobiliario's Return-on-Tangible-Asset has ranged from 8.99 to 10.37. According to the industry distribution chart, Jfl Living Fundo DE Investimento Imobiliario ranks #132 out of 933 companies in the REITs industry, placing it in the top 14.1%.
Is Jfl Living Fundo DE Investimento Imobiliario's Return-on-Tangible-Asset too high?
Jfl Living Fundo DE Investimento Imobiliario's current Return-on-Tangible-Asset of 10.32% is near median its 10-year median of 10.00. Over the past 10 years, this metric has ranged from a low of 8.99 to a high of 10.37. The REITs industry median Return-on-Tangible-Asset is 3.27. Jfl Living Fundo DE Investimento Imobiliario's value of 10.32% is 215.6% above this industry median. Based on the distribution chart, Jfl Living Fundo DE Investimento Imobiliario ranks #132 out of 933 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Jfl Living Fundo DE Investimento Imobiliario has a GF Score™ of 47/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jfl Living Fundo DE Investimento Imobiliario's Return-on-Tangible-Asset compare to VICI and WPC?
According to the REITs industry distribution chart, Jfl Living Fundo DE Investimento Imobiliario ranks #132 out of 933 companies for Return-on-Tangible-Asset. This places Jfl Living Fundo DE Investimento Imobiliario in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.27. Jfl Living Fundo DE Investimento Imobiliario's value of 10.32% is 215.6% above this benchmark. Historically, Jfl Living Fundo DE Investimento Imobiliario's own Return-on-Tangible-Asset has ranged from 8.99 to 10.37 over the past decade. While the company's 10-year median is 10.00 vs. the industry median of 3.27, Jfl Living Fundo DE Investimento Imobiliario 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 933 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. Jfl Living Fundo DE Investimento Imobiliario's current Return-on-Tangible-Asset of 10.32% is 215.6% 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 Jfl Living Fundo DE Investimento Imobiliario 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. Jfl Living Fundo DE Investimento Imobiliario's current Return-on-Tangible-Asset is 10.32%, which is near median its own 10-year median of 10.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jfl Living Fundo DE Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Jfl Living Fundo DE Investimento Imobiliario (BSP:JFLL11) is currently considered Significantly Undervalued. The stock's GF Value™ is R$89.16, compared to a current price of R$55.83 — trading 37.4% below its estimated fair value. The current Return-on-Tangible-Asset is 10.32%, which is near median its 10-year median of 10.00 and 215.6% above the REITs industry median of 3.27. Jfl Living Fundo DE Investimento Imobiliario's overall GF Score™ is 47/100 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 Jfl Living Fundo DE Investimento Imobiliario (BSP:JFLL11), the current Return-on-Tangible-Asset is 10.32% as of Dec. 2024. 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 Jfl Living Fundo DE Investimento Imobiliario (BSP:JFLL11) Overvalued in 2026?

Based on GuruFocus' analysis, Jfl Living Fundo DE Investimento Imobiliario stock appears to be undervalued. The current stock price of R$55.83 is trading 37.4% below its estimated GF Value™ of R$89.16. GuruFocus considers Jfl Living Fundo DE Investimento Imobiliario to be Significantly Undervalued.

Key valuation signals for BSP:JFLL11:

  • Return-on-Tangible-Asset: 10.32% (near median its 10-year median of 10.00)
  • GF Value™: R$89.16 vs. price of R$55.83 (37.4% below fair value)
  • GF Score™: 47/100 with 1 warning sign
  • Industry Position: 215.6% above the REITs median (#132 of 933)

No single metric tells the full story. See the BSP:JFLL11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jfl Living Fundo DE Investimento Imobiliario Business Description

Industry Real EstateREITs
Address Praia De Botafogo, 228, Sl 907- Botafogo, Rio De Janeiro, RJ, BRA, 22250-906
Jfl Living Fundo DE Investimento Imobiliario is a real estate investment trust.
47GF Score

Get the complete analysis for BSP:JFLL11

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$55.83
Price
R$89.16
GF Value