Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III (BSP:RBRI11) Return-on-Tangible-Asset: 7.12% (As of Jun. 2025) — 102% Above Median

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BSP:RBRI11 Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III BSP:RBRI11
12 GF Score
Price R$225.02
! 2 Warning Signs
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What is Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III Return-on-Tangible-Asset?

Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III BSP:RBRI11 12 Return-on-Tangible-Asset is 7.12% as of Jun. 2025, which is 102% above its 10-year median of 3.52. GuruFocus rates BSP:RBRI11 with a GF Score™ of 12/100. The stock has 2 warning signs investors should review. Among 926 REITs companies, Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III ranks better than 76.89% 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. Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III's annualized Net Income for the quarter that ended in Jun. 2025 was R$10.22 Mil. Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III's average total tangible assets for the quarter that ended in Jun. 2025 was R$143.68 Mil. Therefore, Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2025 was 7.12%.

The historical rank and industry rank for Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III's Return-on-Tangible-Asset or its related term are showing as below:

BSP:RBRI11' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.37   Med: 3.52   Max: 32.7
Current: 7.12

During the past 7 years, Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III's highest Return-on-Tangible-Asset was 32.70%. The lowest was -2.37%. And the median was 3.52%.

BSP:RBRI11's Return-on-Tangible-Asset is ranked better than
76.89% of 926 companies
in the REITs industry
Industry Median: 3.285 vs BSP:RBRI11: 7.12

Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III  (BSP:RBRI11) 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 - FII RBR Desenvolvimento III Return-on-Tangible-Asset Related Terms


Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III'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 - FII RBR Desenvolvimento III Return-on-Tangible-Asset Chart

Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Return-on-Tangible-Asset
Get a 7-Day Free Trial 32.70 6.20 -2.37 0.84 7.12

Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III Semi-Annual Data
Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Return-on-Tangible-Asset Get a 7-Day Free Trial 32.70 6.20 -2.37 0.84 7.12

BSP:RBRI11 vs AVB, EQR, ESS: Return-on-Tangible-Asset Comparison

For the REIT - Residential subindustry, Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III'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 - FII RBR Desenvolvimento III Return-on-Tangible-Asset vs REITs Industry

For the REITs industry and Real Estate sector, Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III's Return-on-Tangible-Asset falls into.


BSP:RBRI11
12GF Score
Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III BSP:RBRI11
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III Return-on-Tangible-Asset Calculation

Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=10.224/( (167.949+119.411)/ 2 )
=10.224/143.68
=7.12 %

Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2025 )  (Q: Jun. 2024 )(Q: Jun. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2025 )  (Q: Jun. 2024 )(Q: Jun. 2025 )
=10.224/( (167.949+119.411)/ 2 )
=10.224/143.68
=7.12 %

* 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 7.12% mean?
Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III (BSP:RBRI11) has a Return-on-Tangible-Asset of 7.12% 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 Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III and its competitors. This is 102% above median its historical median of 3.52. According to the industry distribution chart, Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III ranks #214 out of 926 companies in the REITs industry, placing it in the top 23.1%.
Is Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III's Return-on-Tangible-Asset too high?
Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III's current Return-on-Tangible-Asset of 7.12% is 102% above median its 10-year median of 3.52. The REITs industry median Return-on-Tangible-Asset is 3.29. Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III's value of 7.12% is 116.7% above this industry median. Based on the distribution chart, Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III ranks #214 out of 926 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III's Return-on-Tangible-Asset compare to AVB and EQR?
According to the REITs industry distribution chart, Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III ranks #214 out of 926 companies for Return-on-Tangible-Asset. This places Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.29. Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III's value of 7.12% is 116.7% above this benchmark. While the company's 10-year median is 3.52 vs. the industry median of 3.29, Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III 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. Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III's current Return-on-Tangible-Asset of 7.12% is 116.7% 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 - FII RBR Desenvolvimento III 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. Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III's current Return-on-Tangible-Asset is 7.12%, which is 102% above median its own 10-year median of 3.52. 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 - FII RBR Desenvolvimento III stock overvalued right now?
Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III (BSP:RBRI11) has a current Return-on-Tangible-Asset of 7.12%. The current Return-on-Tangible-Asset is 7.12%, which is 102% above median its 10-year median of 3.52 and 116.7% above the REITs industry median of 3.29. Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III's overall GF Score™ is 12/100 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 Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III (BSP:RBRI11), the current Return-on-Tangible-Asset is 7.12% 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.

Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III Business Description

Industry Real EstateREITs
Address Praia De Botafogo, 501, 5 Andar Parte, Rio De Janeiro, RJ, BRA, 22250040
Fundo DE Investimento Imobiliario - FII RBR Desenvolvimento III is focused on residential projects in the city of Sao Paulo.
12GF Score

Get the complete analysis for BSP:RBRI11

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$225.02
Price