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Even Ii Kinea Fundo De Investimento Imobiliario (BSP:KEVE11) 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.
Even Ii Kinea Fundo De Investimento Imobiliario Return-on-Tangible-Asset Related Terms
Even Ii Kinea 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.
Even Ii Kinea Fundo De Investimento Imobiliario Return-on-Tangible-Asset Chart
Even Ii Kinea Fundo De Investimento Imobiliario Annual Data
BSP:KEVE11 vs AVB, EQR, ESS: Return-on-Tangible-Asset Comparison
For the REIT - Residential subindustry, Even Ii Kinea 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.
Even Ii Kinea Fundo De Investimento Imobiliario 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 21.47% mean?
Even Ii Kinea Fundo De Investimento Imobiliario (BSP:KEVE11) has a Return-on-Tangible-Asset of 21.47% 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 Even Ii Kinea Fundo De Investimento Imobiliario and its competitors. This is 480% above median its historical median of 3.70. According to the industry distribution chart, Even Ii Kinea Fundo De Investimento Imobiliario ranks #19 out of 921 companies in the REITs industry, placing it in the top 2.1%.
Is Even Ii Kinea Fundo De Investimento Imobiliario's Return-on-Tangible-Asset too high?
Even Ii Kinea Fundo De Investimento Imobiliario's current Return-on-Tangible-Asset of 21.47% is 480% above median its 10-year median of 3.70. The REITs industry median Return-on-Tangible-Asset is 3.31. Even Ii Kinea Fundo De Investimento Imobiliario's value of 21.47% is 548.6% above this industry median. Based on the distribution chart, Even Ii Kinea Fundo De Investimento Imobiliario ranks #19 out of 921 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Even Ii Kinea Fundo De Investimento Imobiliario has a GF Score™ of 34/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Even Ii Kinea Fundo De Investimento Imobiliario's Return-on-Tangible-Asset compare to AVB and EQR?
According to the REITs industry distribution chart, Even Ii Kinea Fundo De Investimento Imobiliario ranks #19 out of 921 companies for Return-on-Tangible-Asset. This places Even Ii Kinea Fundo De Investimento Imobiliario in the top 2% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.31. Even Ii Kinea Fundo De Investimento Imobiliario's value of 21.47% is 548.6% above this benchmark. While the company's 10-year median is 3.70 vs. the industry median of 3.31, Even Ii Kinea 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 3.31, based on 921 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. Even Ii Kinea Fundo De Investimento Imobiliario's current Return-on-Tangible-Asset of 21.47% is 548.6% 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 Even Ii Kinea Fundo De Investimento Imobiliario and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Even Ii Kinea Fundo De Investimento Imobiliario's current Return-on-Tangible-Asset is 21.47%, which is 480% above median its own 10-year median of 3.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Even Ii Kinea Fundo De Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Even Ii Kinea Fundo De Investimento Imobiliario (BSP:KEVE11) is currently considered Significantly Undervalued. The stock's GF Value™ is R$4,526.45, compared to a current price of R$525.00 — trading 88.4% below its estimated fair value. The current Return-on-Tangible-Asset is 21.47%, which is 480% above median its 10-year median of 3.70 and 548.6% above the REITs industry median of 3.31. Even Ii Kinea Fundo De Investimento Imobiliario's overall GF Score™ is 34/100 with 2 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 Even Ii Kinea Fundo De Investimento Imobiliario (BSP:KEVE11), the current Return-on-Tangible-Asset is 21.47% 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 Even Ii Kinea Fundo De Investimento Imobiliario (BSP:KEVE11) Overvalued in 2026?
Based on GuruFocus' analysis, Even Ii Kinea Fundo De Investimento Imobiliario stock appears to be undervalued.
The current stock price of R$525.00 is trading 88.4% below its estimated GF Value™ of R$4,526.45.
GuruFocus considers Even Ii Kinea Fundo De Investimento Imobiliario to be Significantly Undervalued.
Key valuation signals for BSP:KEVE11:
Return-on-Tangible-Asset: 21.47% (480% above median its 10-year median of 3.70)
GF Value™: R$4,526.45 vs. price of R$525.00 (88.4% below fair value)
Industry Position: 548.6% above the REITs median (#19 of 921)
No single metric tells the full story. See the BSP:KEVE11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Even Ii Kinea Fundo De Investimento Imobiliario is a Brazil based company. It focused on the development of residential projects in partnership with Even Construtora e Incorporadora S/A.
34GF Score
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