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BSP:BTSI11's Return-on-Tangible-Equity is not ranked
in the REITs industry.
Industry Median: 6.275
vs BSP:BTSI11: 12.55
Btsp II Fundo DE Investimento Imobiliario FII (BSP:BTSI11) 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.
Btsp II Fundo DE Investimento Imobiliario FII Return-on-Tangible-Equity Related Terms
Btsp II Fundo DE Investimento Imobiliario FII 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.
Btsp II Fundo DE Investimento Imobiliario FII Return-on-Tangible-Equity Chart
Btsp II Fundo DE Investimento Imobiliario FII Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
Return-on-Tangible-Equity
0.00
-35.96
37.56
18.75
12.55
Btsp II Fundo DE Investimento Imobiliario FII Semi-Annual Data
Dec21
Dec22
Dec23
Dec24
Dec25
Return-on-Tangible-Equity
0.00
-35.96
37.56
18.75
12.55
BSP:BTSI11 vs PLD, PSA, EXR: Return-on-Tangible-Equity Comparison
For the REIT - Industrial subindustry, Btsp II Fundo DE Investimento Imobiliario FII's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.
Btsp II Fundo DE Investimento Imobiliario FII 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 (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 12.55% mean?
Btsp II Fundo DE Investimento Imobiliario FII (BSP:BTSI11) has a Return-on-Tangible-Equity of 12.55% 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 Btsp II Fundo DE Investimento Imobiliario FII and its competitors. This is 20% below median its historical median of 15.65.
Is Btsp II Fundo DE Investimento Imobiliario FII's Return-on-Tangible-Equity too high?
Btsp II Fundo DE Investimento Imobiliario FII's current Return-on-Tangible-Equity of 12.55% is 20% below median its 10-year median of 15.65. The REITs industry median Return-on-Tangible-Equity is 6.28. Btsp II Fundo DE Investimento Imobiliario FII's value of 12.55% is 100% above this industry median. Overall, Btsp II Fundo DE Investimento Imobiliario FII has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Btsp II Fundo DE Investimento Imobiliario FII's Return-on-Tangible-Equity compare to PLD and PSA?
Btsp II Fundo DE Investimento Imobiliario FII's Return-on-Tangible-Equity of 12.55% can be compared against companies in the REITs industry. The industry median Return-on-Tangible-Equity is 6.28. Btsp II Fundo DE Investimento Imobiliario FII's value of 12.55% is 100% above this benchmark. While the company's 10-year median is 15.65 vs. the industry median of 6.28, Btsp II Fundo DE Investimento Imobiliario FII 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. Btsp II Fundo DE Investimento Imobiliario FII's current Return-on-Tangible-Equity of 12.55% is 100% 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 Btsp II Fundo DE Investimento Imobiliario FII 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. Btsp II Fundo DE Investimento Imobiliario FII's current Return-on-Tangible-Equity is 12.55%, which is 20% below median its own 10-year median of 15.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Btsp II Fundo DE Investimento Imobiliario FII stock overvalued right now?
Btsp II Fundo DE Investimento Imobiliario FII (BSP:BTSI11) has a current Return-on-Tangible-Equity of 12.55%. The stock's GF Value™ is R$185.25, compared to a current price of R$109.17 — trading 41.1% below its estimated fair value. The current Return-on-Tangible-Equity is 12.55%, which is 20% below median its 10-year median of 15.65 and 100% above the REITs industry median of 6.28. Btsp II Fundo DE Investimento Imobiliario FII's overall GF Score™ is 14/100 with 6 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 Btsp II Fundo DE Investimento Imobiliario FII (BSP:BTSI11), the current Return-on-Tangible-Equity is 12.55% 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.
Is Btsp II Fundo DE Investimento Imobiliario FII (BSP:BTSI11) Overvalued in 2026?
Based on GuruFocus' analysis, Btsp II Fundo DE Investimento Imobiliario FII stock appears to be undervalued.
The current stock price of R$109.17 is trading 41.1% below its estimated GF Value™ of R$185.25.
Key valuation signals for BSP:BTSI11:
Return-on-Tangible-Equity: 12.55% (20% below median its 10-year median of 15.65)
GF Value™: R$185.25 vs. price of R$109.17 (41.1% below fair value)
No single metric tells the full story. See the BSP:BTSI11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Btsp II Fundo DE Investimento Imobiliario FII Business Description
Btsp II Fundo DE Investimento Imobiliario FII is a closed end fund. The fund aims to develop real estate ventures focused on logistics and industrial operations, located in the Southeast and Midwest Regions, through the acquisition of land for construction or the acquisition of properties under construction or completed, for subsequent lease, rental or sale, including assets and rights related thereto, as well as other properties with potential income generation, and assets and rights related thereto.
14GF Score
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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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