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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.
Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios Return-on-Tangible-Equity Related Terms
Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios 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.
* 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.
Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios 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 (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 8.34% mean?
Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios (BSP:IRDM11) has a Return-on-Tangible-Equity of 8.34% 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 Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios and its competitors. This is near median its historical median of 9.19. Over the past decade, Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios' Return-on-Tangible-Equity has ranged from 1.61 to 15.11.
Is Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios' Return-on-Tangible-Equity too high?
Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios' current Return-on-Tangible-Equity of 8.34% is near median its 10-year median of 9.19. Over the past 10 years, this metric has ranged from a low of 1.61 to a high of 15.11. The REITs industry median Return-on-Tangible-Equity is 6.28. Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios' value of 8.34% is 32.9% above this industry median. Overall, Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios' Return-on-Tangible-Equity compare to VICI and WPC?
Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios' Return-on-Tangible-Equity of 8.34% can be compared against companies in the REITs industry. The industry median Return-on-Tangible-Equity is 6.28. Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios' value of 8.34% is 32.9% above this benchmark. Historically, Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios' own Return-on-Tangible-Equity has ranged from 1.61 to 15.11 over the past decade. While the company's 10-year median is 9.19 vs. the industry median of 6.28, Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios 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 6.28, based on 934 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. Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios's current Return-on-Tangible-Equity of 8.34% is 32.9% 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 Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios's current Return-on-Tangible-Equity is 8.34%, which is near median its own 10-year median of 9.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios stock overvalued right now?
Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios (BSP:IRDM11) has a current Return-on-Tangible-Equity of 8.34%. The stock's GF Value™ is R$91.55, compared to a current price of R$58.50 — trading 36.1% below its estimated fair value. The current Return-on-Tangible-Equity is 8.34%, which is near median its 10-year median of 9.19 and 32.9% above the REITs industry median of 6.28. Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios' overall GF Score™ is 12/100 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 Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios (BSP:IRDM11), the current Return-on-Tangible-Equity is 8.34% 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 Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios (BSP:IRDM11) Overvalued in 2026?
Based on GuruFocus' analysis, Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios stock appears to be undervalued.
The current stock price of R$58.50 is trading 36.1% below its estimated GF Value™ of R$91.55.
Key valuation signals for BSP:IRDM11:
Return-on-Tangible-Equity: 8.34% (near median its 10-year median of 9.19)
GF Value™: R$91.55 vs. price of R$58.50 (36.1% below fair value)
No single metric tells the full story. See the BSP:IRDM11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios Business Description
Fundo Investimento Imobiliario Iridium Recebiveis Imobiliarios is a real estate investment fund whose main focus is investment in real estate recieveable certificates.
12GF Score
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