Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I (BSP:LRDI11) Return-on-Tangible-Equity: 48.41% (As of Dec. 2025)


BSP:LRDI11 Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I BSP:LRDI11
8 GF Score
Price R$114.09
! 1 Warning Sign
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What is Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I Return-on-Tangible-Equity?

Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I BSP:LRDI11 8 Return-on-Tangible-Equity is 48.41% as of Dec. 2025. GuruFocus rates BSP:LRDI11 with a GF Score™ of 8/100. The stock has 1 warning sign investors should review.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's annualized net income for the quarter that ended in Dec. 2025 was R$15.54 Mil. Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's average shareholder tangible equity for the quarter that ended in Dec. 2025 was R$32.10 Mil. Therefore, Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 48.41%.

The historical rank and industry rank for Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's Return-on-Tangible-Equity or its related term are showing as below:

BSP:LRDI11' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1.37   Med: -1.23   Max: 48.41
Current: 48.41

During the past 3 years, Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's highest Return-on-Tangible-Equity was 48.41%. The lowest was -1.37%. And the median was -1.23%.

BSP:LRDI11's Return-on-Tangible-Equity is not ranked
in the REITs industry.
Industry Median: 6.26 vs BSP:LRDI11: 48.41

Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I  (BSP:LRDI11) 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.


Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I Return-on-Tangible-Equity Related Terms


Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's Return-on-Tangible-Equity can be seen below:

* 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.

Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I Return-on-Tangible-Equity Chart

Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I Annual Data
Trend Dec23 Dec24 Dec25
Return-on-Tangible-Equity
-1.37 -1.23 48.41

Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I Semi-Annual Data
Dec23 Dec24 Dec25
Return-on-Tangible-Equity -1.37 -1.23 48.41

BSP:LRDI11 vs AVB, EQR, ESS: Return-on-Tangible-Equity Comparison

For the REIT - Residential subindustry, Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I'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.


Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I Return-on-Tangible-Equity vs REITs Industry

For the REITs industry and Real Estate sector, Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's Return-on-Tangible-Equity falls into.


BSP:LRDI11
8GF Score
Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I BSP:LRDI11
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I Return-on-Tangible-Equity Calculation

Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=15.539/( (35.697+28.506 )/ 2 )
=15.539/32.1015
=48.41 %

Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2025 )  (Q: Dec. 2024 )(Q: Dec. 2025 )
=15.539/( (35.697+28.506)/ 2 )
=15.539/32.1015
=48.41 %

* 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 48.41% mean?
Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I (BSP:LRDI11) has a Return-on-Tangible-Equity of 48.41% 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 Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I and its competitors.
Is Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's Return-on-Tangible-Equity too high?
Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's current Return-on-Tangible-Equity is 48.41%. The REITs industry median Return-on-Tangible-Equity is 6.26. Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's value of 48.41% is 673.3% above this industry median. Overall, Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's Return-on-Tangible-Equity compare to AVB and EQR?
Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's Return-on-Tangible-Equity of 48.41% can be compared against companies in the REITs industry. The industry median Return-on-Tangible-Equity is 6.26. Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's value of 48.41% is 673.3% 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 6.26, based on 933 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 De Investimento Imobiliario Leblon Realty Desenvolvimento I's current Return-on-Tangible-Equity of 48.41% is 673.3% 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 De Investimento Imobiliario Leblon Realty Desenvolvimento I and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's current Return-on-Tangible-Equity is 48.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I stock overvalued right now?
Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I (BSP:LRDI11) has a current Return-on-Tangible-Equity of 48.41%. The current Return-on-Tangible-Equity is 48.41% and 673.3% above the REITs industry median of 6.26. Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I's overall GF Score™ is 8/100 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 De Investimento Imobiliario Leblon Realty Desenvolvimento I (BSP:LRDI11), the current Return-on-Tangible-Equity is 48.41% 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.

Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I Business Description

Industry Real EstateREITs
Address Botafogo Beach, 501, 6th Floor, Botafogo, Rio de Janeiro, RJ, BRA, 22250-040
Fundo De Investimento Imobiliario Leblon Realty Desenvolvimento I is a hybrid real estate fund in the form of a closed condominium. Th fund is focused on residential developments.
8GF Score

Get the complete analysis for BSP:LRDI11

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$114.09
Price