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BSP:HRDF11's Return-on-Tangible-Equity is ranked better than 79.98% of 929
companies
in the REITs industry
Industry Median: 6.25
vs BSP:HRDF11: 11.92
Hedge Realty Development Fundo Investimento Imobiliario FII (BSP:HRDF11) 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.
Hedge Realty Development Fundo Investimento Imobiliario FII Return-on-Tangible-Equity Related Terms
Hedge Realty Development Fundo 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.
Hedge Realty Development Fundo Investimento Imobiliario FII Return-on-Tangible-Equity Chart
Hedge Realty Development Fundo Investimento Imobiliario FII Annual Data
* 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 Realty Development Fundo 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 11.92% mean?
Hedge Realty Development Fundo Investimento Imobiliario FII (BSP:HRDF11) has a Return-on-Tangible-Equity of 11.92% 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 Realty Development Fundo Investimento Imobiliario FII and its competitors. According to the industry distribution chart, Hedge Realty Development Fundo Investimento Imobiliario FII ranks #186 out of 929 companies in the REITs industry, placing it in the top 20%.
Is Hedge Realty Development Fundo Investimento Imobiliario FII's Return-on-Tangible-Equity too high?
Hedge Realty Development Fundo Investimento Imobiliario FII's current Return-on-Tangible-Equity is 11.92%. The REITs industry median Return-on-Tangible-Equity is 6.25. Hedge Realty Development Fundo Investimento Imobiliario FII's value of 11.92% is 90.7% above this industry median. Based on the distribution chart, Hedge Realty Development Fundo Investimento Imobiliario FII ranks #186 out of 929 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Hedge Realty Development Fundo Investimento Imobiliario FII has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Hedge Realty Development Fundo Investimento Imobiliario FII's Return-on-Tangible-Equity compare to VICI and WPC?
According to the REITs industry distribution chart, Hedge Realty Development Fundo Investimento Imobiliario FII ranks #186 out of 929 companies for Return-on-Tangible-Equity. This places Hedge Realty Development Fundo Investimento Imobiliario FII in the top 20% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.25. Hedge Realty Development Fundo Investimento Imobiliario FII's value of 11.92% is 90.7% above this benchmark. 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 6.25, based on 929 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 Realty Development Fundo Investimento Imobiliario FII's current Return-on-Tangible-Equity of 11.92% is 90.7% 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 Realty Development Fundo Investimento Imobiliario FII and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hedge Realty Development Fundo Investimento Imobiliario FII's current Return-on-Tangible-Equity is 11.92%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hedge Realty Development Fundo Investimento Imobiliario FII stock overvalued right now?
Hedge Realty Development Fundo Investimento Imobiliario FII (BSP:HRDF11) has a current Return-on-Tangible-Equity of 11.92%. The current Return-on-Tangible-Equity is 11.92% and 90.7% above the REITs industry median of 6.25. Hedge Realty Development Fundo Investimento Imobiliario FII's overall GF Score™ is 23/100. 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 Realty Development Fundo Investimento Imobiliario FII (BSP:HRDF11), the current Return-on-Tangible-Equity is 11.92% 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 Realty Development Fundo Investimento Imobiliario FII Business Description
Hedge Realty Development Fundo Investimento Imobiliario FII is a closed-end fund. The Fund's objective is to provide its shareholders with long-term appreciation and profitability of their shares, predominantly through investment.
23GF Score
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