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Banco BTG Pactual S.A.LTS:0RKB 78 Return-on-Tangible-Asset is 2.29% as of Mar. 2026, which is 9% above its 10-year median of 2.10. GuruFocus rates LTS:0RKB with a GF Score™ of 78/100. The stock has 2 warning signs investors should review. Among 818 Capital Markets companies, Banco BTG Pactual S.A. ranks better than 59.54% 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. Banco BTG Pactual S.A.'s annualizedNet Income for the quarter that ended in Mar. 2026 was €3,023.86 Mil. Banco BTG Pactual S.A.'s average total tangible assets for the quarter that ended in Mar. 2026 was €132,001.44 Mil. Therefore, Banco BTG Pactual S.A.'s annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 2.29%.
The historical rank and industry rank for Banco BTG Pactual S.A.'s Return-on-Tangible-Asset or its related term are showing as below:
LTS:0RKB'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.89 Med: 2.1 Max: 3.23
Current: 2.42
During the past 13 years, Banco BTG Pactual S.A.'s highest Return-on-Tangible-Asset was 3.23%. The lowest was 0.89%. And the median was 2.10%.
LTS:0RKB's Return-on-Tangible-Asset is ranked better than 59.54% of 818
companies
in the Capital Markets industry
Industry Median: 1.54
vs LTS:0RKB: 2.42
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.
Banco BTG Pactual S.A. Return-on-Tangible-Asset Related Terms
Banco BTG Pactual S.A. Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Banco BTG Pactual S.A.'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.
LTS:0RKB vs MS, GS, SCHW: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, Banco BTG Pactual S.A.'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.
Banco BTG Pactual S.A. Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Banco BTG Pactual S.A.'s Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Banco BTG Pactual S.A.'s Return-on-Tangible-Asset falls into.
* 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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 2.29% mean?
Banco BTG Pactual S.A. (LTS:0RKB) has a Return-on-Tangible-Asset of 2.29% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Banco BTG Pactual S.A. and its competitors. This is near median its historical median of 2.10. Over the past decade, Banco BTG Pactual S.A.'s Return-on-Tangible-Asset has ranged from 0.89 to 3.23. According to the industry distribution chart, Banco BTG Pactual S.A. ranks #331 out of 818 companies in the Capital Markets industry, placing it in the top 40.5%.
Is Banco BTG Pactual S.A.'s Return-on-Tangible-Asset too high?
Banco BTG Pactual S.A.'s current Return-on-Tangible-Asset of 2.29% is near median its 10-year median of 2.10. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 3.23. The Capital Markets industry median Return-on-Tangible-Asset is 1.54. Banco BTG Pactual S.A.'s value of 2.29% is 48.7% above this industry median. Based on the distribution chart, Banco BTG Pactual S.A. ranks #331 out of 818 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Banco BTG Pactual S.A. has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Banco BTG Pactual S.A.'s Return-on-Tangible-Asset compare to MS and GS?
According to the Capital Markets industry distribution chart, Banco BTG Pactual S.A. ranks #331 out of 818 companies for Return-on-Tangible-Asset. This puts Banco BTG Pactual S.A. in the upper half of its industry. The industry median Return-on-Tangible-Asset is 1.54. Banco BTG Pactual S.A.'s value of 2.29% is 48.7% above this benchmark. Historically, Banco BTG Pactual S.A.'s own Return-on-Tangible-Asset has ranged from 0.89 to 3.23 over the past decade. While the company's 10-year median is 2.10 vs. the industry median of 1.54, Banco BTG Pactual S.A. 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 Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.54, based on 818 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. Banco BTG Pactual S.A.'s current Return-on-Tangible-Asset of 2.29% is 48.7% 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 Banco BTG Pactual S.A. and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banco BTG Pactual S.A.'s current Return-on-Tangible-Asset is 2.29%, which is near median its own 10-year median of 2.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco BTG Pactual S.A. stock overvalued right now?
Banco BTG Pactual S.A. (LTS:0RKB) has a current Return-on-Tangible-Asset of 2.29%. The current Return-on-Tangible-Asset is 2.29%, which is near median its 10-year median of 2.10 and 48.7% above the Capital Markets industry median of 1.54. Banco BTG Pactual S.A.'s overall GF Score™ is 78/100 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 Banco BTG Pactual S.A. (LTS:0RKB), the current Return-on-Tangible-Asset is 2.29% as of Mar. 2026. 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.
Banco BTG Pactual S.A. is a Brazil-based banking firm. It offers financial products and services regarding commercial, investments, credit, financing, capital leases, insurance, and foreign exchange portfolios, among others, in the country and several locations abroad.
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