Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII (BSP:HCHG11) Return-on-Tangible-Equity: 12.03% (As of Dec. 2025)— 16% Above Median
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Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII (BSP:HCHG11) 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.
Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII Return-on-Tangible-Equity Related Terms
Hectare Recebiveis High GraDE 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.
Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII Return-on-Tangible-Equity Chart
Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
Return-on-Tangible-Equity
0.00
16.06
8.72
3.75
12.03
Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII Semi-Annual Data
Dec21
Dec22
Dec23
Dec24
Dec25
Return-on-Tangible-Equity
0.00
16.06
8.72
3.75
12.03
BSP:HCHG11 vs VICI, WPC: 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.
Hectare Recebiveis High GraDE 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 12.03% mean?
Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII (BSP:HCHG11) has a Return-on-Tangible-Equity of 12.03% 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 Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII and its competitors. This is 16% above median its historical median of 10.38. Over the past decade, Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII's Return-on-Tangible-Equity has ranged from 3.75 to 16.06. According to the industry distribution chart, Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII ranks #180 out of 913 companies in the REITs industry, placing it in the top 19.7%.
Is Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII's Return-on-Tangible-Equity too high?
Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII's current Return-on-Tangible-Equity of 12.03% is 16% above median its 10-year median of 10.38. Over the past 10 years, this metric has ranged from a low of 3.75 to a high of 16.06. The REITs industry median Return-on-Tangible-Equity is 6.27. Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII's value of 12.03% is 91.9% above this industry median. Based on the distribution chart, Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII ranks #180 out of 913 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII's Return-on-Tangible-Equity compare to VICI and WPC?
According to the REITs industry distribution chart, Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII ranks #180 out of 913 companies for Return-on-Tangible-Equity. This places Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.27. Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII's value of 12.03% is 91.9% above this benchmark. Historically, Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII's own Return-on-Tangible-Equity has ranged from 3.75 to 16.06 over the past decade. While the company's 10-year median is 10.38 vs. the industry median of 6.27, Hectare Recebiveis High GraDE 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 6.27, based on 913 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. Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII's current Return-on-Tangible-Equity of 12.03% is 91.9% 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 Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - 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. Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII's current Return-on-Tangible-Equity is 12.03%, which is 16% above median its own 10-year median of 10.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII stock overvalued right now?
Based on GuruFocus' analysis, Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII (BSP:HCHG11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$84.89, compared to a current price of R$61.98 — trading 27% below its estimated fair value. The current Return-on-Tangible-Equity is 12.03%, which is 16% above median its 10-year median of 10.38 and 91.9% above the REITs industry median of 6.27. Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII's overall GF Score™ is 45/100 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 Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII (BSP:HCHG11), the current Return-on-Tangible-Equity is 12.03% 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 Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII (BSP:HCHG11) Overvalued in 2026?
Based on GuruFocus' analysis, Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII stock appears to be undervalued.
The current stock price of R$61.98 is trading 27% below its estimated GF Value™ of R$84.89.
GuruFocus considers Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII to be Modestly Undervalued.
Key valuation signals for BSP:HCHG11:
Return-on-Tangible-Equity: 12.03% (16% above median its 10-year median of 10.38)
GF Value™: R$84.89 vs. price of R$61.98 (27% below fair value)
Industry Position: 91.9% above the REITs median (#180 of 913)
No single metric tells the full story. See the BSP:HCHG11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hectare Recebiveis High GraDE Fundo DE Investimento Imobiliario - FII is a real estate fund that seeks to provide shareholders with the appreciation and profitability of their Shares in the long term, through investments in real estate assets, earning income and capital gains from them.
45GF Score
Get the complete analysis for BSP:HCHG11
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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