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BSP:NAUI11's Return-on-Tangible-Asset is not ranked
in the REITs industry.
Industry Median: 3.24
vs BSP:NAUI11: 32.20
Ten Desenvolvimento Fundo De Investimento Imobiliario (BSP:NAUI11) 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.
Ten Desenvolvimento Fundo De Investimento Imobiliario Return-on-Tangible-Asset Related Terms
Ten Desenvolvimento 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.
Ten Desenvolvimento Fundo De Investimento Imobiliario Return-on-Tangible-Asset Chart
Ten Desenvolvimento Fundo De Investimento Imobiliario Annual Data
Trend
Dec24
Dec25
Return-on-Tangible-Asset
-76.91
32.20
Ten Desenvolvimento Fundo De Investimento Imobiliario Semi-Annual Data
Dec24
Dec25
Return-on-Tangible-Asset
-76.91
32.20
BSP:NAUI11 vs VICI, WPC: Return-on-Tangible-Asset Comparison
For the REIT - Diversified subindustry, Ten Desenvolvimento 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.
Ten Desenvolvimento 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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of 32.20% mean?
Ten Desenvolvimento Fundo De Investimento Imobiliario (BSP:NAUI11) has a Return-on-Tangible-Asset of 32.20% 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 Ten Desenvolvimento Fundo De Investimento Imobiliario and its competitors. According to the industry distribution chart, Ten Desenvolvimento Fundo De Investimento Imobiliario ranks #999999 out of 931 companies in the REITs industry.
Is Ten Desenvolvimento Fundo De Investimento Imobiliario's Return-on-Tangible-Asset too high?
Ten Desenvolvimento Fundo De Investimento Imobiliario's current Return-on-Tangible-Asset is 32.20%. The REITs industry median Return-on-Tangible-Asset is 3.24. Ten Desenvolvimento Fundo De Investimento Imobiliario's value of 32.20% is 893.8% above this industry median. Based on the distribution chart, Ten Desenvolvimento Fundo De Investimento Imobiliario ranks #999999 out of 931 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Ten Desenvolvimento Fundo De Investimento Imobiliario has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Ten Desenvolvimento Fundo De Investimento Imobiliario's Return-on-Tangible-Asset compare to VICI and WPC?
According to the REITs industry distribution chart, Ten Desenvolvimento Fundo De Investimento Imobiliario ranks #999999 out of 931 companies for Return-on-Tangible-Asset. This places Ten Desenvolvimento Fundo De Investimento Imobiliario in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.24. Ten Desenvolvimento Fundo De Investimento Imobiliario's value of 32.20% is 893.8% 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 931 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. Ten Desenvolvimento Fundo De Investimento Imobiliario's current Return-on-Tangible-Asset of 32.20% is 893.8% 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 Ten Desenvolvimento Fundo De Investimento Imobiliario 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. Ten Desenvolvimento Fundo De Investimento Imobiliario's current Return-on-Tangible-Asset is 32.20%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ten Desenvolvimento Fundo De Investimento Imobiliario stock overvalued right now?
Ten Desenvolvimento Fundo De Investimento Imobiliario (BSP:NAUI11) has a current Return-on-Tangible-Asset of 32.20%. The current Return-on-Tangible-Asset is 32.20% and 893.8% above the REITs industry median of 3.24. Ten Desenvolvimento Fundo De Investimento Imobiliario's overall GF Score™ is 7/100 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 Ten Desenvolvimento Fundo De Investimento Imobiliario (BSP:NAUI11), the current Return-on-Tangible-Asset is 32.20% 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.
Ten Desenvolvimento Fundo De Investimento Imobiliario Business Description
Ten Desenvolvimento Fundo De Investimento Imobiliario is a real estate investment fund. The FUND aims to provide through investments: (i) in the acquisition of Real Estate; (ii) in the acquisition of shares in a company whose purpose is to develop projects and/or a developer duly contracted by the SPE for this purpose; and (iii) in investing in financial applications under the terms and limits of current legislation; aiming to make the investments made by the Quotaholders profitable through (a) the payment of remuneration arising from the exploitation of the Target Properties and/or real rights over such properties, which may be acquired the appreciation of the Fund's assets.
7GF Score
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