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BSP:HREC11's Return-on-Tangible-Equity is ranked better than 71.53% of 1714
companies
in the Real Estate industry
Industry Median: 4.27
vs BSP:HREC11: 9.87
Hedge Recebiveis Fundo DE Investimento Imobiliario (BSP:HREC11) 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 Recebiveis Fundo DE Investimento Imobiliario Return-on-Tangible-Equity Related Terms
Hedge Recebiveis Fundo DE 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.
Hedge Recebiveis Fundo DE Investimento Imobiliario Return-on-Tangible-Equity Chart
Hedge Recebiveis Fundo DE Investimento Imobiliario Annual Data
Trend
Jun21
Jun22
Jun23
Jun24
Jun25
Return-on-Tangible-Equity
0.00
9.62
14.06
5.97
9.87
Hedge Recebiveis Fundo DE Investimento Imobiliario Semi-Annual Data
Jun21
Jun22
Jun23
Jun24
Jun25
Return-on-Tangible-Equity
0.00
9.62
14.06
5.97
9.87
Hedge Recebiveis Fundo DE Investimento Imobiliario Return-on-Tangible-Equity Competitor Comparison
For the Real Estate - Diversified subindustry, Hedge Recebiveis Fundo DE 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 Recebiveis Fundo DE Investimento Imobiliario Return-on-Tangible-Equity vs Real Estate 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 (Jun. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 9.87% mean?
Hedge Recebiveis Fundo DE Investimento Imobiliario (BSP:HREC11) has a Return-on-Tangible-Equity of 9.87% as of Jun. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hedge Recebiveis Fundo DE Investimento Imobiliario and its competitors. This is near median its historical median of 9.75. Over the past decade, Hedge Recebiveis Fundo DE Investimento Imobiliario's Return-on-Tangible-Equity has ranged from 5.97 to 14.06. According to the industry distribution chart, Hedge Recebiveis Fundo DE Investimento Imobiliario ranks #488 out of 1714 companies in the Real Estate industry, placing it in the top 28.5%.
Is Hedge Recebiveis Fundo DE Investimento Imobiliario's Return-on-Tangible-Equity too high?
Hedge Recebiveis Fundo DE Investimento Imobiliario's current Return-on-Tangible-Equity of 9.87% is near median its 10-year median of 9.75. Over the past 10 years, this metric has ranged from a low of 5.97 to a high of 14.06. The Real Estate industry median Return-on-Tangible-Equity is 4.27. Hedge Recebiveis Fundo DE Investimento Imobiliario's value of 9.87% is 131.1% above this industry median. Based on the distribution chart, Hedge Recebiveis Fundo DE Investimento Imobiliario ranks #488 out of 1714 companies in the Real Estate industry, which is above the industry midpoint. Overall, Hedge Recebiveis Fundo DE Investimento Imobiliario has a GF Score™ of 47/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hedge Recebiveis Fundo DE Investimento Imobiliario's Return-on-Tangible-Equity compare to competitors?
According to the Real Estate industry distribution chart, Hedge Recebiveis Fundo DE Investimento Imobiliario ranks #488 out of 1714 companies for Return-on-Tangible-Equity. This puts Hedge Recebiveis Fundo DE Investimento Imobiliario in the upper half of its industry. The industry median Return-on-Tangible-Equity is 4.27. Hedge Recebiveis Fundo DE Investimento Imobiliario's value of 9.87% is 131.1% above this benchmark. Historically, Hedge Recebiveis Fundo DE Investimento Imobiliario's own Return-on-Tangible-Equity has ranged from 5.97 to 14.06 over the past decade. While the company's 10-year median is 9.75 vs. the industry median of 4.27, Hedge Recebiveis Fundo DE 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 Real Estate company?
The median Return-on-Tangible-Equity among Real Estate companies is 4.27, based on 1,714 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 Recebiveis Fundo DE Investimento Imobiliario's current Return-on-Tangible-Equity of 9.87% is 131.1% 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 Recebiveis Fundo DE Investimento Imobiliario and its competitors. For the Real Estate industry, the median Return-on-Tangible-Equity is 4.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hedge Recebiveis Fundo DE Investimento Imobiliario's current Return-on-Tangible-Equity is 9.87%, which is near median its own 10-year median of 9.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hedge Recebiveis Fundo DE Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Hedge Recebiveis Fundo DE Investimento Imobiliario (BSP:HREC11) is currently considered Significantly Undervalued. The stock's GF Value™ is R$14.35, compared to a current price of R$8.30 — trading 42.2% below its estimated fair value. The current Return-on-Tangible-Equity is 9.87%, which is near median its 10-year median of 9.75 and 131.1% above the Real Estate industry median of 4.27. Hedge Recebiveis Fundo DE Investimento Imobiliario's overall GF Score™ is 47/100 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 Recebiveis Fundo DE Investimento Imobiliario (BSP:HREC11), the current Return-on-Tangible-Equity is 9.87% as of Jun. 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 Hedge Recebiveis Fundo DE Investimento Imobiliario (BSP:HREC11) Overvalued in 2026?
Based on GuruFocus' analysis, Hedge Recebiveis Fundo DE Investimento Imobiliario stock appears to be undervalued.
The current stock price of R$8.30 is trading 42.2% below its estimated GF Value™ of R$14.35.
GuruFocus considers Hedge Recebiveis Fundo DE Investimento Imobiliario to be Significantly Undervalued.
Key valuation signals for BSP:HREC11:
Return-on-Tangible-Equity: 9.87% (near median its 10-year median of 9.75)
GF Value™: R$14.35 vs. price of R$8.30 (42.2% below fair value)
Industry Position: 131.1% above the Real Estate median (#488 of 1714)
No single metric tells the full story. See the BSP:HREC11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hedge Recebiveis Fundo DE Investimento Imobiliario Business Description
Hedge Recebiveis Fundo DE Investimento Imobiliario aims to provide its shareholders with the appreciation and profitability of their shares in the long term, through investment in Real Estate Receivable Certificates.
47GF Score
Get the complete analysis for BSP:HREC11
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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