Valora Re Iii Fundo DE Investimento Imobiliario (BSP:VGIR11) Return-on-Tangible-Asset: 0.00% (As of . 20)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:VGIR11 Valora Re Iii Fundo DE Investimento Imobiliario BSP:VGIR11
12 GF Score
Price R$9.60
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What is Valora Re Iii Fundo DE Investimento Imobiliario Return-on-Tangible-Asset?

Valora Re Iii Fundo DE Investimento Imobiliario BSP:VGIR11 -0.62% 12 Return-on-Tangible-Asset is 0.00% as of . 20. GuruFocus rates BSP:VGIR11 with a GF Score™ of 12/100. Among 939 REITs companies, Valora Re Iii Fundo DE Investimento Imobiliario ranks worse than 106496.17% 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. Valora Re Iii Fundo DE Investimento Imobiliario's annualized Net Income for the quarter that ended in . 20 was R$ Mil. Valora Re Iii Fundo DE Investimento Imobiliario's average total tangible assets for the quarter that ended in . 20 was R$ Mil. Therefore, Valora Re Iii Fundo DE Investimento Imobiliario's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 was 0.00%.

The historical rank and industry rank for Valora Re Iii Fundo DE Investimento Imobiliario's Return-on-Tangible-Asset or its related term are showing as below:

BSP:VGIR11's Return-on-Tangible-Asset is not ranked *
in the REITs industry.
Industry Median: 3.27
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Valora Re Iii Fundo DE Investimento Imobiliario  (BSP:VGIR11) 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.


Valora Re Iii Fundo DE Investimento Imobiliario Return-on-Tangible-Asset Related Terms


Valora Re Iii Fundo DE Investimento Imobiliario Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Valora Re Iii Fundo DE Investimento Imobiliario'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.

Valora Re Iii Fundo DE Investimento Imobiliario Return-on-Tangible-Asset Chart

Valora Re Iii Fundo DE Investimento Imobiliario Annual Data
Trend
Return-on-Tangible-Asset

Valora Re Iii Fundo DE Investimento Imobiliario Semi-Annual Data
Return-on-Tangible-Asset

BSP:VGIR11 vs VICI, WPC: Return-on-Tangible-Asset Comparison

For the REIT - Diversified subindustry, Valora Re Iii Fundo DE Investimento Imobiliario'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.


Valora Re Iii Fundo DE Investimento Imobiliario Return-on-Tangible-Asset vs REITs Industry

For the REITs industry and Real Estate sector, Valora Re Iii Fundo DE Investimento Imobiliario's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Valora Re Iii Fundo DE Investimento Imobiliario's Return-on-Tangible-Asset falls into.


BSP:VGIR11
12GF Score
Valora Re Iii Fundo DE Investimento Imobiliario BSP:VGIR11
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Valora Re Iii Fundo DE Investimento Imobiliario Return-on-Tangible-Asset Calculation

Valora Re Iii Fundo DE Investimento Imobiliario's annualized Return-on-Tangible-Asset for the fiscal year that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+)/ )
=/
= %

Valora Re Iii Fundo DE Investimento Imobiliario's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 (. 20) net income data.

What does a Return-on-Tangible-Asset of 0.00% mean?
Valora Re Iii Fundo DE Investimento Imobiliario (BSP:VGIR11) has a Return-on-Tangible-Asset of 0.00% as of . 20. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Valora Re Iii Fundo DE Investimento Imobiliario and its competitors. According to the industry distribution chart, Valora Re Iii Fundo DE Investimento Imobiliario ranks #999999 out of 939 companies in the REITs industry.
Is Valora Re Iii Fundo DE Investimento Imobiliario's Return-on-Tangible-Asset too high?
Valora Re Iii Fundo DE Investimento Imobiliario's current Return-on-Tangible-Asset is 0.00%. Based on the distribution chart, Valora Re Iii Fundo DE Investimento Imobiliario ranks #999999 out of 939 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Valora Re Iii Fundo DE Investimento Imobiliario has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Valora Re Iii Fundo DE Investimento Imobiliario's Return-on-Tangible-Asset compare to VICI and WPC?
According to the REITs industry distribution chart, Valora Re Iii Fundo DE Investimento Imobiliario ranks #999999 out of 939 companies for Return-on-Tangible-Asset. This places Valora Re Iii Fundo DE Investimento Imobiliario in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.27. 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 3.27, based on 939 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. 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 Valora Re Iii Fundo DE Investimento Imobiliario and its competitors. For the REITs industry, the median Return-on-Tangible-Asset is 3.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Valora Re Iii Fundo DE Investimento Imobiliario's current Return-on-Tangible-Asset is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Valora Re Iii Fundo DE Investimento Imobiliario stock overvalued right now?
Valora Re Iii Fundo DE Investimento Imobiliario (BSP:VGIR11) has a current Return-on-Tangible-Asset of 0.00%. The current Return-on-Tangible-Asset is 0.00%. Valora Re Iii Fundo DE Investimento Imobiliario's overall GF Score™ is 12/100. 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 Valora Re Iii Fundo DE Investimento Imobiliario (BSP:VGIR11), the current Return-on-Tangible-Asset is 0.00% as of . 20. 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.

Valora Re Iii Fundo DE Investimento Imobiliario Business Description

Industry Real EstateREITs
Address Rua Iguatemi 448, 13 andar, Sao Paulo, BRA, 04551-010
Valora Re Iii Fundo DE Investimento Imobiliario is a closed-end investment company. The fund invests in fixed assets, real estate, and shares.
12GF Score

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

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