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Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade (BSP:TRXY11) 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.
Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade Return-on-Tangible-Asset Related Terms
Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade 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.
Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade Return-on-Tangible-Asset Chart
Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade Annual Data
Trend
Dec24
Dec25
Return-on-Tangible-Asset
0.00
8.62
Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade Semi-Annual Data
Dec24
Dec25
Return-on-Tangible-Asset
0.00
8.62
BSP:TRXY11 vs VICI, WPC: Return-on-Tangible-Asset Comparison
* 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.
Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade 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 8.62% mean?
Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade (BSP:TRXY11) has a Return-on-Tangible-Asset of 8.62% 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 Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade and its competitors. This is near median its historical median of 8.62. Over the past decade, Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade's Return-on-Tangible-Asset has ranged from 8.62 to 8.62. According to the industry distribution chart, Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade ranks #164 out of 926 companies in the REITs industry, placing it in the top 17.7%.
Is Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade's Return-on-Tangible-Asset too high?
Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade's current Return-on-Tangible-Asset of 8.62% is near median its 10-year median of 8.62. Over the past 10 years, this metric has ranged from a low of 8.62 to a high of 8.62. The REITs industry median Return-on-Tangible-Asset is 3.31. Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade's value of 8.62% is 160.8% above this industry median. Based on the distribution chart, Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade ranks #164 out of 926 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade's Return-on-Tangible-Asset compare to VICI and WPC?
According to the REITs industry distribution chart, Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade ranks #164 out of 926 companies for Return-on-Tangible-Asset. This places Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade in the top 18% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.31. Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade's value of 8.62% is 160.8% above this benchmark. Historically, Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade's own Return-on-Tangible-Asset has ranged from 8.62 to 8.62 over the past decade. While the company's 10-year median is 8.62 vs. the industry median of 3.31, Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade 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 3.31, 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. Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade's current Return-on-Tangible-Asset of 8.62% is 160.8% 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 Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade's current Return-on-Tangible-Asset is 8.62%, which is near median its own 10-year median of 8.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade stock overvalued right now?
Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade (BSP:TRXY11) has a current Return-on-Tangible-Asset of 8.62%. The current Return-on-Tangible-Asset is 8.62%, which is near median its 10-year median of 8.62 and 160.8% above the REITs industry median of 3.31. Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade's overall GF Score™ is 7/100 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 Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade (BSP:TRXY11), the current Return-on-Tangible-Asset is 8.62% 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.
Trx Hedge Fund Fundo De Invest Imobiliario Responsabilidade Ltd is focused on distributing income and dividends to its shareholders through active management that seeks to maximize their return through opportunities in the real estate market, through real estate funds, CRIs, shares, debentures or SPEs/Exchanges by balancing the risk and return relationship.
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