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Tivio Renda Imobiliaria Fundo De Investimento Imobiliario (BSP:TVRI11) 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.
Tivio Renda Imobiliaria Fundo De Investimento Imobiliario Return-on-Tangible-Asset Related Terms
Tivio Renda Imobiliaria 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.
Tivio Renda Imobiliaria Fundo De Investimento Imobiliario Return-on-Tangible-Asset Chart
Tivio Renda Imobiliaria Fundo De Investimento Imobiliario Annual Data
Trend
Jun24
Jun25
Return-on-Tangible-Asset
0.00
14.23
Tivio Renda Imobiliaria Fundo De Investimento Imobiliario Semi-Annual Data
Jun24
Jun25
Return-on-Tangible-Asset
0.00
14.23
BSP:TVRI11 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.
Tivio Renda Imobiliaria 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 (Jun. 2025) net income data.
What does a Return-on-Tangible-Asset of 14.23% mean?
Tivio Renda Imobiliaria Fundo De Investimento Imobiliario (BSP:TVRI11) has a Return-on-Tangible-Asset of 14.23% 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 Tivio Renda Imobiliaria Fundo De Investimento Imobiliario and its competitors. This is near median its historical median of 14.23. Over the past decade, Tivio Renda Imobiliaria Fundo De Investimento Imobiliario's Return-on-Tangible-Asset has ranged from 14.23 to 14.23. According to the industry distribution chart, Tivio Renda Imobiliaria Fundo De Investimento Imobiliario ranks #56 out of 932 companies in the REITs industry, placing it in the top 6%.
Is Tivio Renda Imobiliaria Fundo De Investimento Imobiliario's Return-on-Tangible-Asset too high?
Tivio Renda Imobiliaria Fundo De Investimento Imobiliario's current Return-on-Tangible-Asset of 14.23% is near median its 10-year median of 14.23. Over the past 10 years, this metric has ranged from a low of 14.23 to a high of 14.23. The REITs industry median Return-on-Tangible-Asset is 3.30. Tivio Renda Imobiliaria Fundo De Investimento Imobiliario's value of 14.23% is 331.9% above this industry median. Based on the distribution chart, Tivio Renda Imobiliaria Fundo De Investimento Imobiliario ranks #56 out of 932 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Tivio Renda Imobiliaria Fundo De Investimento Imobiliario has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Tivio Renda Imobiliaria Fundo De Investimento Imobiliario's Return-on-Tangible-Asset compare to VICI and WPC?
According to the REITs industry distribution chart, Tivio Renda Imobiliaria Fundo De Investimento Imobiliario ranks #56 out of 932 companies for Return-on-Tangible-Asset. This places Tivio Renda Imobiliaria Fundo De Investimento Imobiliario in the top 6% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 3.30. Tivio Renda Imobiliaria Fundo De Investimento Imobiliario's value of 14.23% is 331.9% above this benchmark. Historically, Tivio Renda Imobiliaria Fundo De Investimento Imobiliario's own Return-on-Tangible-Asset has ranged from 14.23 to 14.23 over the past decade. While the company's 10-year median is 14.23 vs. the industry median of 3.30, Tivio Renda Imobiliaria Fundo De Investimento Imobiliario 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 3.30, based on 932 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. Tivio Renda Imobiliaria Fundo De Investimento Imobiliario's current Return-on-Tangible-Asset of 14.23% is 331.9% 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 Tivio Renda Imobiliaria Fundo De Investimento Imobiliario and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tivio Renda Imobiliaria Fundo De Investimento Imobiliario's current Return-on-Tangible-Asset is 14.23%, which is near median its own 10-year median of 14.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tivio Renda Imobiliaria Fundo De Investimento Imobiliario stock overvalued right now?
Tivio Renda Imobiliaria Fundo De Investimento Imobiliario (BSP:TVRI11) has a current Return-on-Tangible-Asset of 14.23%. The current Return-on-Tangible-Asset is 14.23%, which is near median its 10-year median of 14.23 and 331.9% above the REITs industry median of 3.30. Tivio Renda Imobiliaria Fundo De Investimento Imobiliario's overall GF Score™ is 7/100 with 1 warning sign 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 Tivio Renda Imobiliaria Fundo De Investimento Imobiliario (BSP:TVRI11), the current Return-on-Tangible-Asset is 14.23% 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.
Tivio Renda Imobiliaria Fundo De Investimento Imobiliario is a closed-end fund. The fund aims to make real estate investments through the acquisition of commercial properties or real rights over properties, including, without limitation, commercial stores, commercial buildings, corporate floors, commercial complexes, branches of financial institutions and/or commercial offices, all intended for lease, which may be the object of investment, with a view to obtaining income through the lease of these to tenants, or investment assets, as well as current legislation and regulations.
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