Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I (BSP:LRDI11) Return-on-Tangible-Asset: 46.61% (As of Dec. 2025)


BSP:LRDI11 Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I BSP:LRDI11
8 GF Score
Price R$114.09
! 1 Warning Sign
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What is Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I Return-on-Tangible-Asset?

Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I BSP:LRDI11 8 Return-on-Tangible-Asset is 46.61% as of Dec. 2025. GuruFocus rates BSP:LRDI11 with a GF Score™ of 8/100. The stock has 1 warning sign investors should review.

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 Leblon Realty Desenvolvimento I's annualized Net Income for the quarter that ended in Dec. 2025 was R$15.54 Mil. Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's average total tangible assets for the quarter that ended in Dec. 2025 was R$33.34 Mil. Therefore, Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 46.61%.

The historical rank and industry rank for Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's Return-on-Tangible-Asset or its related term are showing as below:

BSP:LRDI11' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.36   Med: -1.23   Max: 46.61
Current: 46.61

During the past 3 years, Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's highest Return-on-Tangible-Asset was 46.61%. The lowest was -1.36%. And the median was -1.23%.

BSP:LRDI11's Return-on-Tangible-Asset is not ranked
in the REITs industry.
Industry Median: 3.24 vs BSP:LRDI11: 46.61

Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I  (BSP:LRDI11) 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 Leblon Realty Desenvolvimento I Return-on-Tangible-Asset Related Terms


Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I'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 Leblon Realty Desenvolvimento I Return-on-Tangible-Asset Chart

Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I Annual Data
Trend Dec23 Dec24 Dec25
Return-on-Tangible-Asset
-1.36 -1.23 46.61

Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I Semi-Annual Data
Dec23 Dec24 Dec25
Return-on-Tangible-Asset -1.36 -1.23 46.61

BSP:LRDI11 vs AVB, EQR, ESS: Return-on-Tangible-Asset Comparison

For the REIT - Residential subindustry, Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I'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 Leblon Realty Desenvolvimento I Return-on-Tangible-Asset vs REITs Industry

For the REITs industry and Real Estate sector, Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's Return-on-Tangible-Asset falls into.


BSP:LRDI11
8GF Score
Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I BSP:LRDI11
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I Return-on-Tangible-Asset Calculation

Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=15.539/( (35.786+30.888)/ 2 )
=15.539/33.337
=46.61 %

Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=15.539/( (35.786+30.888)/ 2 )
=15.539/33.337
=46.61 %

* 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. 2025) net income data.

What does a Return-on-Tangible-Asset of 46.61% mean?
Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I (BSP:LRDI11) has a Return-on-Tangible-Asset of 46.61% as of Dec. 2025. 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 Leblon Realty Desenvolvimento I and its competitors.
Is Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's Return-on-Tangible-Asset too high?
Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's current Return-on-Tangible-Asset is 46.61%. The REITs industry median Return-on-Tangible-Asset is 3.24. Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's value of 46.61% is 1338.6% above this industry median. Overall, Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's Return-on-Tangible-Asset compare to AVB and EQR?
Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's Return-on-Tangible-Asset of 46.61% can be compared against companies in the REITs industry. The industry median Return-on-Tangible-Asset is 3.24. Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's value of 46.61% is 1338.6% above this benchmark. 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 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. Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's current Return-on-Tangible-Asset of 46.61% is 1338.6% 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 Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I 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. Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's current Return-on-Tangible-Asset is 46.61%. 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 Leblon Realty Desenvolvimento I stock overvalued right now?
Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I (BSP:LRDI11) has a current Return-on-Tangible-Asset of 46.61%. The current Return-on-Tangible-Asset is 46.61% and 1338.6% above the REITs industry median of 3.24. Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's overall GF Score™ is 8/100 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 Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I (BSP:LRDI11), the current Return-on-Tangible-Asset is 46.61% as of Dec. 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.

Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I Business Description

Industry Real EstateREITs
Address Botafogo Beach, 501, 6th Floor, Botafogo, Rio de Janeiro, RJ, BRA, 22250-040
Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I is a hybrid real estate fund in the form of a closed condominium. Th fund is focused on residential developments.
8GF 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.

R$114.09
Price