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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.
Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica Return-on-Tangible-Equity Related Terms
Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica 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.
Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica Return-on-Tangible-Equity Chart
Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica Annual Data
Trend
Jun21
Jun22
Jun23
Jun24
Jun25
Return-on-Tangible-Equity
0.00
14.08
9.40
15.04
11.16
Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica Semi-Annual Data
Jun21
Jun22
Jun23
Jun24
Jun25
Return-on-Tangible-Equity
0.00
14.08
9.40
15.04
11.16
BSP:BTAL11 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.
Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica 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 one times the annual (Jun. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 11.16% mean?
Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica (BSP:BTAL11) has a Return-on-Tangible-Equity of 11.16% as of Jun. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica and its competitors. This is 12% below median its historical median of 12.62. Over the past decade, Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's Return-on-Tangible-Equity has ranged from 9.40 to 15.04. According to the industry distribution chart, Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica ranks #222 out of 934 companies in the REITs industry, placing it in the top 23.8%.
Is Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's Return-on-Tangible-Equity too high?
Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's current Return-on-Tangible-Equity of 11.16% is 12% below median its 10-year median of 12.62. Over the past 10 years, this metric has ranged from a low of 9.40 to a high of 15.04. The REITs industry median Return-on-Tangible-Equity is 6.28. Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's value of 11.16% is 77.8% above this industry median. Based on the distribution chart, Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica ranks #222 out of 934 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's Return-on-Tangible-Equity compare to PLD and PSA?
According to the REITs industry distribution chart, Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica ranks #222 out of 934 companies for Return-on-Tangible-Equity. This places Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica in the top 24% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.28. Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's value of 11.16% is 77.8% above this benchmark. Historically, Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's own Return-on-Tangible-Equity has ranged from 9.40 to 15.04 over the past decade. While the company's 10-year median is 12.62 vs. the industry median of 6.28, Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica 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-Equity for a REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.28, 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. Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's current Return-on-Tangible-Equity of 11.16% is 77.8% 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-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 Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's current Return-on-Tangible-Equity is 11.16%, which is 12% below median its own 10-year median of 12.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica stock overvalued right now?
Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica (BSP:BTAL11) is currently considered Fairly Valued. The stock's GF Value™ is R$90.89, compared to a current price of R$85.62 — trading 5.8% below its estimated fair value. The current Return-on-Tangible-Equity is 11.16%, which is 12% below median its 10-year median of 12.62 and 77.8% above the REITs industry median of 6.28. Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's overall GF Score™ is 59/100 with 5 warning signs 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 Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica (BSP:BTAL11), the current Return-on-Tangible-Equity is 11.16% 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.
Is Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica (BSP:BTAL11) Overvalued in 2026?
Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica stock appears to be undervalued.
The current stock price of R$85.62 is trading 5.8% below its estimated GF Value™ of R$90.89.
GuruFocus considers Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica to be Fairly Valued.
Key valuation signals for BSP:BTAL11:
Return-on-Tangible-Equity: 11.16% (12% below median its 10-year median of 12.62)
GF Value™: R$90.89 vs. price of R$85.62 (5.8% below fair value)
Industry Position: 77.8% above the REITs median (#222 of 934)
No single metric tells the full story. See the BSP:BTAL11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica Business Description
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