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BSP:RSPD11's Return-on-Tangible-Asset is ranked better than 84.85% of 931
companies
in the REITs industry
Industry Median: 3.24
vs BSP:RSPD11: 10.06
Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII (BSP:RSPD11) 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.
Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII Return-on-Tangible-Asset Related Terms
Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII 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.
Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII Return-on-Tangible-Asset Chart
Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII Annual Data
* 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.
Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII 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 (Jun. 2025) net income data.
What does a Return-on-Tangible-Asset of 10.06% mean?
Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII (BSP:RSPD11) has a Return-on-Tangible-Asset of 10.06% 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 Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII and its competitors. This is 26% above median its historical median of 8.01. According to the industry distribution chart, Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII ranks #141 out of 931 companies in the REITs industry, placing it in the top 15.1%.
Is Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII's Return-on-Tangible-Asset too high?
Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII's current Return-on-Tangible-Asset of 10.06% is 26% above median its 10-year median of 8.01. The REITs industry median Return-on-Tangible-Asset is 3.24. Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII's value of 10.06% is 210.5% above this industry median. Based on the distribution chart, Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII ranks #141 out of 931 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII has a GF Score™ of 68/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII's Return-on-Tangible-Asset compare to VICI and WPC?
According to the REITs industry distribution chart, Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII ranks #141 out of 931 companies for Return-on-Tangible-Asset. This places Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII in the top 15% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.24. Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII's value of 10.06% is 210.5% above this benchmark. While the company's 10-year median is 8.01 vs. the industry median of 3.24, Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII 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 3.24, 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. Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII's current Return-on-Tangible-Asset of 10.06% is 210.5% 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 Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII 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. Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII's current Return-on-Tangible-Asset is 10.06%, which is 26% above median its own 10-year median of 8.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII stock overvalued right now?
Based on GuruFocus' analysis, Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII (BSP:RSPD11) is currently considered Significantly Undervalued. The stock's GF Value™ is R$1,950.10, compared to a current price of R$700.00 — trading 64.1% below its estimated fair value. The current Return-on-Tangible-Asset is 10.06%, which is 26% above median its 10-year median of 8.01 and 210.5% above the REITs industry median of 3.24. Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII's overall GF Score™ is 68/100 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 Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII (BSP:RSPD11), the current Return-on-Tangible-Asset is 10.06% 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.
Is Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII (BSP:RSPD11) Overvalued in 2026?
Based on GuruFocus' analysis, Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII stock appears to be undervalued.
The current stock price of R$700.00 is trading 64.1% below its estimated GF Value™ of R$1,950.10.
GuruFocus considers Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII to be Significantly Undervalued.
Key valuation signals for BSP:RSPD11:
Return-on-Tangible-Asset: 10.06% (26% above median its 10-year median of 8.01)
GF Value™: R$1,950.10 vs. price of R$700.00 (64.1% below fair value)
Industry Position: 210.5% above the REITs median (#141 of 931)
No single metric tells the full story. See the BSP:RSPD11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII Business Description
Rb Capital Desenvolvimento Residencial Iii Fundo DE Inv Imob FII is a real estate investment trust. The company invests in real estate assets in form of closed condominium.
68GF Score
Get the complete analysis for BSP:RSPD11
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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