Maresias Fundo De Investimento Imobiliario (BSP:MMVE11) Return-on-Tangible-Asset: 67.28% (As of Dec. 2025) — 174% Above Median

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BSP:MMVE11 Maresias Fundo De Investimento Imobiliario BSP:MMVE11
31 GF Score
Price R$147.00
! 2 Warning Signs
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What is Maresias Fundo De Investimento Imobiliario Return-on-Tangible-Asset?

Maresias Fundo De Investimento Imobiliario BSP:MMVE11 31 Return-on-Tangible-Asset is 67.28% as of Dec. 2025, which is 174% above its 10-year median of 24.56. GuruFocus rates BSP:MMVE11 with a GF Score™ of 31/100. The stock has 2 warning signs investors should review. Among 926 REITs companies, Maresias Fundo De Investimento Imobiliario ranks better than 99.89% 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. Maresias Fundo De Investimento Imobiliario's annualized Net Income for the quarter that ended in Dec. 2025 was R$38.70 Mil. Maresias Fundo De Investimento Imobiliario's average total tangible assets for the quarter that ended in Dec. 2025 was R$57.52 Mil. Therefore, Maresias Fundo De Investimento Imobiliario's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was 67.28%.

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

BSP:MMVE11' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -66.94   Med: 24.56   Max: 67.28
Current: 67.28

During the past 5 years, Maresias Fundo De Investimento Imobiliario's highest Return-on-Tangible-Asset was 67.28%. The lowest was -66.94%. And the median was 24.56%.

BSP:MMVE11's Return-on-Tangible-Asset is ranked better than
99.89% of 926 companies
in the REITs industry
Industry Median: 3.285 vs BSP:MMVE11: 67.28

Maresias Fundo De Investimento Imobiliario  (BSP:MMVE11) 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.


Maresias Fundo De Investimento Imobiliario Return-on-Tangible-Asset Related Terms


Maresias Fundo De Investimento Imobiliario Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Maresias 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.

Maresias Fundo De Investimento Imobiliario Return-on-Tangible-Asset Chart

Maresias Fundo De Investimento Imobiliario Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset
0.00 50.38 -66.94 -1.27 67.28

Maresias Fundo De Investimento Imobiliario Semi-Annual Data
Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Asset 0.00 50.38 -66.94 -1.27 67.28

BSP:MMVE11 vs VICI, WPC: Return-on-Tangible-Asset Comparison

For the REIT - Diversified subindustry, Maresias 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.


Maresias Fundo De Investimento Imobiliario Return-on-Tangible-Asset vs REITs Industry

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

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


BSP:MMVE11
31GF Score
Maresias Fundo De Investimento Imobiliario BSP:MMVE11
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Maresias Fundo De Investimento Imobiliario Return-on-Tangible-Asset Calculation

Maresias 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 )
=38.701/( (37.502+77.54)/ 2 )
=38.701/57.521
=67.28 %

Maresias 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 )
=38.701/( (37.502+77.54)/ 2 )
=38.701/57.521
=67.28 %

* 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 67.28% mean?
Maresias Fundo De Investimento Imobiliario (BSP:MMVE11) has a Return-on-Tangible-Asset of 67.28% 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 Maresias Fundo De Investimento Imobiliario and its competitors. This is 174% above median its historical median of 24.56. According to the industry distribution chart, Maresias Fundo De Investimento Imobiliario ranks #1 out of 926 companies in the REITs industry, placing it in the top 0.099999999999994%.
Is Maresias Fundo De Investimento Imobiliario's Return-on-Tangible-Asset too high?
Maresias Fundo De Investimento Imobiliario's current Return-on-Tangible-Asset of 67.28% is 174% above median its 10-year median of 24.56. The REITs industry median Return-on-Tangible-Asset is 3.29. Maresias Fundo De Investimento Imobiliario's value of 67.28% is 1948.1% above this industry median. Based on the distribution chart, Maresias Fundo De Investimento Imobiliario ranks #1 out of 926 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Maresias Fundo De Investimento Imobiliario has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Maresias Fundo De Investimento Imobiliario's Return-on-Tangible-Asset compare to VICI and WPC?
According to the REITs industry distribution chart, Maresias Fundo De Investimento Imobiliario ranks #1 out of 926 companies for Return-on-Tangible-Asset. This places Maresias Fundo De Investimento Imobiliario in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.29. Maresias Fundo De Investimento Imobiliario's value of 67.28% is 1948.1% above this benchmark. While the company's 10-year median is 24.56 vs. the industry median of 3.29, Maresias 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. Maresias Fundo De Investimento Imobiliario's current Return-on-Tangible-Asset of 67.28% is 1948.1% 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 Maresias 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. Maresias Fundo De Investimento Imobiliario's current Return-on-Tangible-Asset is 67.28%, which is 174% above median its own 10-year median of 24.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maresias Fundo De Investimento Imobiliario stock overvalued right now?
Maresias Fundo De Investimento Imobiliario (BSP:MMVE11) has a current Return-on-Tangible-Asset of 67.28%. The current Return-on-Tangible-Asset is 67.28%, which is 174% above median its 10-year median of 24.56 and 1948.1% above the REITs industry median of 3.29. Maresias Fundo De Investimento Imobiliario's overall GF Score™ is 31/100 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 Maresias Fundo De Investimento Imobiliario (BSP:MMVE11), the current Return-on-Tangible-Asset is 67.28% 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.

Maresias Fundo De Investimento Imobiliario Business Description

Industry Real EstateREITs
Address Avenida Reboucas - Do 7 ao 12th Floor, Pinheiros, SP, BRA, 5402500
Maresias Fundo De Investimento Imobiliario is a pool of resources in the form of a closed-end fund. The fund's objective is to generate income through the investment of corresponding resources in completed or under-construction real estate, as well as in any real rights over the properties, or through indirect investment in real estate by acquiring real estate assets, and capital gains obtained from the purchase and sale of the properties or real estate assets.
31GF 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$147.00
Price