GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Rbr Desenvolvimento Comercial Feeder Fof Fundo DE Inv Imob (BSP:RCFF11) » Definitions » Return-on-Tangible-Asset

Rbr Desenvolvimento Comercial Feeder Fof Fundo DE Inv Imob (BSP:RCFF11) Return-on-Tangible-Asset : 20.96% (As of Dec. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Rbr Desenvolvimento Comercial Feeder Fof Fundo DE Inv Imob Return-on-Tangible-Asset?

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. Rbr Desenvolvimento Comercial Feeder Fof Fundo DE Inv Imob's annualized Net Income for the quarter that ended in Dec. 2024 was R$7.10 Mil. Rbr Desenvolvimento Comercial Feeder Fof Fundo DE Inv Imob's average total tangible assets for the quarter that ended in Dec. 2024 was R$33.88 Mil. Therefore, Rbr Desenvolvimento Comercial Feeder Fof Fundo DE Inv Imob's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 20.96%.

The historical rank and industry rank for Rbr Desenvolvimento Comercial Feeder Fof Fundo DE Inv Imob's Return-on-Tangible-Asset or its related term are showing as below:

BSP:RCFF11' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.62   Med: 6.45   Max: 20.96
Current: 20.96

During the past 5 years, Rbr Desenvolvimento Comercial Feeder Fof Fundo DE Inv Imob's highest Return-on-Tangible-Asset was 20.96%. The lowest was -0.62%. And the median was 6.45%.

BSP:RCFF11's Return-on-Tangible-Asset is ranked better than
98.71% of 929 companies
in the REITs industry
Industry Median: 2.88 vs BSP:RCFF11: 20.96

Rbr Desenvolvimento Comercial Feeder Fof Fundo DE Inv Imob Return-on-Tangible-Asset Historical Data

The historical data trend for Rbr Desenvolvimento Comercial Feeder Fof Fundo DE Inv Imob'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.

* Premium members only.

Rbr Desenvolvimento Comercial Feeder Fof Fundo DE Inv Imob Return-on-Tangible-Asset Chart

Rbr Desenvolvimento Comercial Feeder Fof Fundo DE Inv Imob Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
- 0.54 -0.62 12.36 20.96

Rbr Desenvolvimento Comercial Feeder Fof Fundo DE Inv Imob Semi-Annual Data
Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset - 0.54 -0.62 12.36 20.96

Competitive Comparison of Rbr Desenvolvimento Comercial Feeder Fof Fundo DE Inv Imob's Return-on-Tangible-Asset

For the REIT - Diversified subindustry, Rbr Desenvolvimento Comercial Feeder Fof Fundo DE Inv Imob'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.


Rbr Desenvolvimento Comercial Feeder Fof Fundo DE Inv Imob's Return-on-Tangible-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Rbr Desenvolvimento Comercial Feeder Fof Fundo DE Inv Imob's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Rbr Desenvolvimento Comercial Feeder Fof Fundo DE Inv Imob's Return-on-Tangible-Asset falls into.


;
;

Rbr Desenvolvimento Comercial Feeder Fof Fundo DE Inv Imob Return-on-Tangible-Asset Calculation

Rbr Desenvolvimento Comercial Feeder Fof Fundo DE Inv Imob's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=7.101/( (33.813+33.949)/ 2 )
=7.101/33.881
=20.96 %

Rbr Desenvolvimento Comercial Feeder Fof Fundo DE Inv Imob's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=7.101/( (33.813+33.949)/ 2 )
=7.101/33.881
=20.96 %

* 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. 2024) net income data.


Rbr Desenvolvimento Comercial Feeder Fof Fundo DE Inv Imob  (BSP:RCFF11) 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.


Rbr Desenvolvimento Comercial Feeder Fof Fundo DE Inv Imob Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Rbr Desenvolvimento Comercial Feeder Fof Fundo DE Inv Imob's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Rbr Desenvolvimento Comercial Feeder Fof Fundo DE Inv Imob Business Description

Traded in Other Exchanges
N/A
Address
Iguatemi, 151 - 19th Floor, SAO PAULO, SP, BRA, CEP: 1451011
Rbr Desenvolvimento Comercial Feeder Fof Fundo DE Inv Imob is Brazil based company. It is a real estate investment fund.

Rbr Desenvolvimento Comercial Feeder Fof Fundo DE Inv Imob Headlines

No Headlines