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BSP:AZPL11's Return-on-Tangible-Equity is ranked worse than 61.03% of 934
companies
in the REITs industry
Industry Median: 6.225
vs BSP:AZPL11: 4.76
Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda (BSP:AZPL11) Return-on-Tangible-Equity Explanation
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda Return-on-Tangible-Equity Related Terms
Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda Return-on-Tangible-Equity 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.
Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda Return-on-Tangible-Equity Chart
Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda Annual Data
Trend
Dec24
Dec25
Return-on-Tangible-Equity
0.00
11.52
Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda Semi-Annual Data
Dec24
Dec25
Return-on-Tangible-Equity
14.40
0.00
BSP:AZPL11 vs PLD, PSA, EXR: Return-on-Tangible-Equity 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.
Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda Return-on-Tangible-Equity 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 0.00% mean?
Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda (BSP:AZPL11) has a Return-on-Tangible-Equity of 0.00% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda and its competitors. Over the past decade, Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's Return-on-Tangible-Equity has ranged from 4.76 to 11.52. According to the industry distribution chart, Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda ranks #570 out of 934 companies in the REITs industry, placing it in the top 61%.
Is Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's Return-on-Tangible-Equity too high?
Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's current Return-on-Tangible-Equity is 0.00%. Over the past 10 years, this metric has ranged from a low of 4.76 to a high of 11.52. Based on the distribution chart, Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda ranks #570 out of 934 companies in the REITs industry, which is below the industry midpoint. Overall, Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's Return-on-Tangible-Equity compare to PLD and PSA?
According to the REITs industry distribution chart, Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda ranks #570 out of 934 companies for Return-on-Tangible-Equity. This places Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.23. Historically, Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's own Return-on-Tangible-Equity has ranged from 4.76 to 11.52 over the past decade. 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-Equity for a REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.23, based on 934 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's current Return-on-Tangible-Equity 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 Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda stock overvalued right now?
Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda (BSP:AZPL11) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda'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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda (BSP:AZPL11), the current Return-on-Tangible-Equity is 0.00% 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.
Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda Business Description
Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda is a real estate investment fund. It invests in performing logistics warehouses leased to tenants with good credit quality. Its Portfolio is composed of (i) assets located close (up to 40km) to the main urban centers of the country and (ii) assets that may be outside the 40km radius, but that have an atypical long-term lease agreement.
7GF Score
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