General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII (BSP:GSFI11) Return-on-Tangible-Equity: -2.60% (As of Dec. 2025)

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BSP:GSFI11 General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII BSP:GSFI11
34 GF Score
Price R$11.39
! 2 Warning Signs
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What is General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII Return-on-Tangible-Equity?

General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII BSP:GSFI11 +0.09% 34 Return-on-Tangible-Equity is -2.60% as of Dec. 2025. GuruFocus rates BSP:GSFI11 with a GF Score™ of 34/100. The stock has 2 warning signs investors should review. Among 928 REITs companies, General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII ranks worse than 85.13% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII's annualized net income for the quarter that ended in Dec. 2025 was R$-31.77 Mil. General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII's average shareholder tangible equity for the quarter that ended in Dec. 2025 was R$1,222.51 Mil. Therefore, General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -2.60%.

The historical rank and industry rank for General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII's Return-on-Tangible-Equity or its related term are showing as below:

BSP:GSFI11' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2.96   Med: -1.38   Max: 5.32
Current: -2.6

During the past 5 years, General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII's highest Return-on-Tangible-Equity was 5.32%. The lowest was -2.96%. And the median was -1.38%.

BSP:GSFI11's Return-on-Tangible-Equity is ranked worse than
85.13% of 928 companies
in the REITs industry
Industry Median: 6.265 vs BSP:GSFI11: -2.60

General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII  (BSP:GSFI11) 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.


General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII Return-on-Tangible-Equity Related Terms


General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII's Return-on-Tangible-Equity 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.

General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII Return-on-Tangible-Equity Chart

General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
-2.96 5.32 2.08 -1.38 -2.60

General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII Semi-Annual Data
Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity -2.96 5.32 2.08 -1.38 -2.60

BSP:GSFI11 vs SPG, O, KIM: Return-on-Tangible-Equity Comparison

For the REIT - Retail subindustry, General Shopping E Outlets Do Brasil Fundo DE Inv Imob - 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.


General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII Return-on-Tangible-Equity vs REITs Industry

For the REITs industry and Real Estate sector, General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII's Return-on-Tangible-Equity falls into.


BSP:GSFI11
34GF Score
General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII BSP:GSFI11
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII Return-on-Tangible-Equity Calculation

General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-31.766/( (1238.393+1206.627 )/ 2 )
=-31.766/1222.51
=-2.60 %

General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=-31.766/( (1238.393+1206.627)/ 2 )
=-31.766/1222.51
=-2.60 %

* 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 -2.60% mean?
General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII (BSP:GSFI11) has a Return-on-Tangible-Equity of -2.60% 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 General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII and its competitors. According to the industry distribution chart, General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII ranks #790 out of 928 companies in the REITs industry, placing it in the top 85.1%.
Is General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII's Return-on-Tangible-Equity too high?
General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII's current Return-on-Tangible-Equity is -2.60%. Based on the distribution chart, General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII ranks #790 out of 928 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII's Return-on-Tangible-Equity compare to SPG and O?
According to the REITs industry distribution chart, General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII ranks #790 out of 928 companies for Return-on-Tangible-Equity. This places General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.27. 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-Equity for a REITs company?
The median Return-on-Tangible-Equity among REITs companies is 6.27, based on 928 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 General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII's current Return-on-Tangible-Equity is -2.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII stock overvalued right now?
General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII (BSP:GSFI11) has a current Return-on-Tangible-Equity of -2.60%. The current Return-on-Tangible-Equity is -2.60%. General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII's overall GF Score™ is 34/100 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-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII (BSP:GSFI11), the current Return-on-Tangible-Equity is -2.60% 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.

General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII Business Description

Industry Real EstateREITs
Address Avenida Brigadeiro Faria Lima 3732, 11 e 12 Andares, Parte C, Itaim Bibi, Sao Paulo, SP, BRA, 4538132
General Shopping E Outlets Do Brasil Fundo DE Inv Imob - FII is a real Estate Investment Fund. The fund's objective is to generate income through the commercial operation of the shopping centers and outlets that make up its portfolio, as well as to obtain capital gains through the purchase and sale of these assets. The fund invests in completed properties; and also participate in investments in greenfield shopping center and outlet projects.
34GF Score

Get the complete analysis for BSP:GSFI11

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

R$11.39
Price