Maua Capital Real Estate Fundo De Investimento Imobiliario (BSP:MCRE11) Return-on-Tangible-Asset: 11.51% (As of Dec. 2025) — 23% Below Median

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BSP:MCRE11 Maua Capital Real Estate Fundo De Investimento Imobiliario BSP:MCRE11
6 GF Score
Price R$8.59
! 3 Warning Signs
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What is Maua Capital Real Estate Fundo De Investimento Imobiliario Return-on-Tangible-Asset?

Maua Capital Real Estate Fundo De Investimento Imobiliario BSP:MCRE11 +1.54% 6 Return-on-Tangible-Asset is 11.51% as of Dec. 2025, which is 23% below its 10-year median of 15.04. GuruFocus rates BSP:MCRE11 with a GF Score™ of 6/100. The stock has 3 warning signs investors should review. Among 926 REITs companies, Maua Capital Real Estate Fundo De Investimento Imobiliario ranks better than 88.98% 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. Maua Capital Real Estate Fundo De Investimento Imobiliario's annualized Net Income for the quarter that ended in Dec. 2025 was R$133.4 Mil. Maua Capital Real Estate Fundo De Investimento Imobiliario's average total tangible assets for the quarter that ended in Dec. 2025 was R$1,158.9 Mil. Therefore, Maua Capital Real Estate Fundo De Investimento Imobiliario's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 11.51%.

The historical rank and industry rank for Maua Capital Real Estate Fundo De Investimento Imobiliario's Return-on-Tangible-Asset or its related term are showing as below:

BSP:MCRE11' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 11.51   Med: 15.04   Max: 21.52
Current: 11.51

During the past 4 years, Maua Capital Real Estate Fundo De Investimento Imobiliario's highest Return-on-Tangible-Asset was 21.52%. The lowest was 11.51%. And the median was 15.04%.

BSP:MCRE11's Return-on-Tangible-Asset is ranked better than
88.98% of 926 companies
in the REITs industry
Industry Median: 3.285 vs BSP:MCRE11: 11.51

Maua Capital Real Estate Fundo De Investimento Imobiliario  (BSP:MCRE11) 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.


Maua Capital Real Estate Fundo De Investimento Imobiliario Return-on-Tangible-Asset Related Terms


Maua Capital Real Estate Fundo De Investimento Imobiliario Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Maua Capital Real Estate 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.

Maua Capital Real Estate Fundo De Investimento Imobiliario Return-on-Tangible-Asset Chart

Maua Capital Real Estate Fundo De Investimento Imobiliario Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
16.02 14.06 21.52 11.51

Maua Capital Real Estate Fundo De Investimento Imobiliario Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset 16.02 14.06 21.52 11.51

BSP:MCRE11 vs VICI, WPC: Return-on-Tangible-Asset Comparison

For the REIT - Diversified subindustry, Maua Capital Real Estate 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.


Maua Capital Real Estate Fundo De Investimento Imobiliario Return-on-Tangible-Asset vs REITs Industry

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

* The bar in red indicates where Maua Capital Real Estate Fundo De Investimento Imobiliario's Return-on-Tangible-Asset falls into.


BSP:MCRE11
6GF Score
Maua Capital Real Estate Fundo De Investimento Imobiliario BSP:MCRE11
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Maua Capital Real Estate Fundo De Investimento Imobiliario Return-on-Tangible-Asset Calculation

Maua Capital Real Estate Fundo De Investimento Imobiliario'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 )
=133.404/( (1145.745+1172.014)/ 2 )
=133.404/1158.8795
=11.51 %

Maua Capital Real Estate Fundo De Investimento Imobiliario'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 )
=133.404/( (1145.745+1172.014)/ 2 )
=133.404/1158.8795
=11.51 %

* 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 11.51% mean?
Maua Capital Real Estate Fundo De Investimento Imobiliario (BSP:MCRE11) has a Return-on-Tangible-Asset of 11.51% 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 Maua Capital Real Estate Fundo De Investimento Imobiliario and its competitors. This is 23% below median its historical median of 15.04. Over the past decade, Maua Capital Real Estate Fundo De Investimento Imobiliario's Return-on-Tangible-Asset has ranged from 11.51 to 21.52. According to the industry distribution chart, Maua Capital Real Estate Fundo De Investimento Imobiliario ranks #102 out of 926 companies in the REITs industry, placing it in the top 11%.
Is Maua Capital Real Estate Fundo De Investimento Imobiliario's Return-on-Tangible-Asset too high?
Maua Capital Real Estate Fundo De Investimento Imobiliario's current Return-on-Tangible-Asset of 11.51% is 23% below median its 10-year median of 15.04. Over the past 10 years, this metric has ranged from a low of 11.51 to a high of 21.52. The REITs industry median Return-on-Tangible-Asset is 3.29. Maua Capital Real Estate Fundo De Investimento Imobiliario's value of 11.51% is 250.4% above this industry median. Based on the distribution chart, Maua Capital Real Estate Fundo De Investimento Imobiliario ranks #102 out of 926 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Maua Capital Real Estate Fundo De Investimento Imobiliario has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Maua Capital Real Estate Fundo De Investimento Imobiliario's Return-on-Tangible-Asset compare to VICI and WPC?
According to the REITs industry distribution chart, Maua Capital Real Estate Fundo De Investimento Imobiliario ranks #102 out of 926 companies for Return-on-Tangible-Asset. This places Maua Capital Real Estate Fundo De Investimento Imobiliario in the top 11% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.29. Maua Capital Real Estate Fundo De Investimento Imobiliario's value of 11.51% is 250.4% above this benchmark. Historically, Maua Capital Real Estate Fundo De Investimento Imobiliario's own Return-on-Tangible-Asset has ranged from 11.51 to 21.52 over the past decade. While the company's 10-year median is 15.04 vs. the industry median of 3.29, Maua Capital Real Estate 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 3.29, based on 926 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. Maua Capital Real Estate Fundo De Investimento Imobiliario's current Return-on-Tangible-Asset of 11.51% is 250.4% 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 Maua Capital Real Estate Fundo De Investimento Imobiliario and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maua Capital Real Estate Fundo De Investimento Imobiliario's current Return-on-Tangible-Asset is 11.51%, which is 23% below median its own 10-year median of 15.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maua Capital Real Estate Fundo De Investimento Imobiliario stock overvalued right now?
Maua Capital Real Estate Fundo De Investimento Imobiliario (BSP:MCRE11) has a current Return-on-Tangible-Asset of 11.51%. The current Return-on-Tangible-Asset is 11.51%, which is 23% below median its 10-year median of 15.04 and 250.4% above the REITs industry median of 3.29. Maua Capital Real Estate Fundo De Investimento Imobiliario's overall GF Score™ is 6/100 with 3 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 Maua Capital Real Estate Fundo De Investimento Imobiliario (BSP:MCRE11), the current Return-on-Tangible-Asset is 11.51% 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.

Maua Capital Real Estate Fundo De Investimento Imobiliario Business Description

Industry Real EstateREITs
Address Praia de Botafogo, 5 Andar, 501, 6th Floor, Rio de Janeiro, RJ, BRA, 22250040
Maua Capital Real Estate Fundo De Investimento Imobiliario is a real estate investment trust. The Fund aims to generate income and capital gains for investors through the acquisition of CRI.
6GF 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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