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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.
Hedge Logistica Fundo Investimento Imobiliario Return-on-Tangible-Equity Related Terms
Hedge Logistica Fundo Investimento Imobiliario 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.
BSP:HLOG11 vs PLD, PSA, EXR: Return-on-Tangible-Equity Comparison
For the REIT - Industrial subindustry, Hedge Logistica Fundo Investimento Imobiliario'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.
Hedge Logistica Fundo Investimento Imobiliario 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 15.42% mean?
Hedge Logistica Fundo Investimento Imobiliario (BSP:HLOG11) has a Return-on-Tangible-Equity of 15.42% 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 Hedge Logistica Fundo Investimento Imobiliario and its competitors. This is 54% above median its historical median of 10.03. According to the industry distribution chart, Hedge Logistica Fundo Investimento Imobiliario ranks #108 out of 928 companies in the REITs industry, placing it in the top 11.6%.
Is Hedge Logistica Fundo Investimento Imobiliario's Return-on-Tangible-Equity too high?
Hedge Logistica Fundo Investimento Imobiliario's current Return-on-Tangible-Equity of 15.42% is 54% above median its 10-year median of 10.03. The REITs industry median Return-on-Tangible-Equity is 6.27. Hedge Logistica Fundo Investimento Imobiliario's value of 15.42% is 146.1% above this industry median. Based on the distribution chart, Hedge Logistica Fundo Investimento Imobiliario ranks #108 out of 928 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Hedge Logistica Fundo Investimento Imobiliario has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Hedge Logistica Fundo Investimento Imobiliario's Return-on-Tangible-Equity compare to PLD and PSA?
According to the REITs industry distribution chart, Hedge Logistica Fundo Investimento Imobiliario ranks #108 out of 928 companies for Return-on-Tangible-Equity. This places Hedge Logistica Fundo Investimento Imobiliario in the top 12% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.27. Hedge Logistica Fundo Investimento Imobiliario's value of 15.42% is 146.1% above this benchmark. While the company's 10-year median is 10.03 vs. the industry median of 6.27, Hedge Logistica Fundo Investimento Imobiliario 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 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. Hedge Logistica Fundo Investimento Imobiliario's current Return-on-Tangible-Equity of 15.42% is 146.1% 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 Hedge Logistica Fundo Investimento Imobiliario 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. Hedge Logistica Fundo Investimento Imobiliario's current Return-on-Tangible-Equity is 15.42%, which is 54% above median its own 10-year median of 10.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hedge Logistica Fundo Investimento Imobiliario stock overvalued right now?
Hedge Logistica Fundo Investimento Imobiliario (BSP:HLOG11) has a current Return-on-Tangible-Equity of 15.42%. The current Return-on-Tangible-Equity is 15.42%, which is 54% above median its 10-year median of 10.03 and 146.1% above the REITs industry median of 6.27. Hedge Logistica Fundo Investimento Imobiliario's overall GF Score™ is 29/100 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 Hedge Logistica Fundo Investimento Imobiliario (BSP:HLOG11), the current Return-on-Tangible-Equity is 15.42% 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.
Hedge Logistica Fundo Investimento Imobiliario Business Description
Hedge Logistica Fundo Investimento Imobiliario is a closed end fund. The fund's objective is to provide its shareholders with long-term appreciation and profitability of their shares, in accordance with its investment policy, by investing at least two- thirds of its net worth, directly or indirectly, in constructed projects, predominantly intended for logistics and industrial operations , in whole or in part, as well as assets and rights related thereto.
29GF Score
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