Riza Lecci Fundo De Investimento Imobiliario Responsabilidade (BSP:RZLC11) Return-on-Tangible-Equity: 7.85% (As of Dec. 2025) — Near Median

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BSP:RZLC11 Riza Lecci Fundo De Investimento Imobiliario Responsabilidade BSP:RZLC11
5 GF Score
Price R$1,006.84
! 2 Warning Signs
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What is Riza Lecci Fundo De Investimento Imobiliario Responsabilidade Return-on-Tangible-Equity?

Riza Lecci Fundo De Investimento Imobiliario Responsabilidade BSP:RZLC11 +0.06% 5 Return-on-Tangible-Equity is 7.85% as of Dec. 2025, which is at its 10-year median of 7.85. GuruFocus rates BSP:RZLC11 with a GF Score™ of 5/100. The stock has 2 warning signs investors should review. Among 928 REITs companies, Riza Lecci Fundo De Investimento Imobiliario Responsabilidade ranks better than 61.96% on this metric.

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. Riza Lecci Fundo De Investimento Imobiliario Responsabilidade's annualized net income for the quarter that ended in Dec. 2025 was R$8.14 Mil. Riza Lecci Fundo De Investimento Imobiliario Responsabilidade's average shareholder tangible equity for the quarter that ended in Dec. 2025 was R$103.66 Mil. Therefore, Riza Lecci Fundo De Investimento Imobiliario Responsabilidade's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 7.85%.

The historical rank and industry rank for Riza Lecci Fundo De Investimento Imobiliario Responsabilidade's Return-on-Tangible-Equity or its related term are showing as below:

BSP:RZLC11' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 7.85   Med: 7.85   Max: 7.85
Current: 7.85

During the past 2 years, Riza Lecci Fundo De Investimento Imobiliario Responsabilidade's highest Return-on-Tangible-Equity was 7.85%. The lowest was 7.85%. And the median was 7.85%.

BSP:RZLC11's Return-on-Tangible-Equity is ranked better than
61.96% of 928 companies
in the REITs industry
Industry Median: 6.265 vs BSP:RZLC11: 7.85

Riza Lecci Fundo De Investimento Imobiliario Responsabilidade  (BSP:RZLC11) 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.


Riza Lecci Fundo De Investimento Imobiliario Responsabilidade Return-on-Tangible-Equity Related Terms


Riza Lecci Fundo De Investimento Imobiliario Responsabilidade Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Riza Lecci Fundo De Investimento Imobiliario Responsabilidade'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.

Riza Lecci Fundo De Investimento Imobiliario Responsabilidade Return-on-Tangible-Equity Chart

Riza Lecci Fundo De Investimento Imobiliario Responsabilidade Annual Data
Trend Dec24 Dec25
Return-on-Tangible-Equity
0.00 7.85

Riza Lecci Fundo De Investimento Imobiliario Responsabilidade Semi-Annual Data
Dec24 Dec25
Return-on-Tangible-Equity 0.00 7.85

BSP:RZLC11 vs VICI, WPC: Return-on-Tangible-Equity Comparison

For the REIT - Diversified subindustry, Riza Lecci Fundo De Investimento Imobiliario Responsabilidade'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.


Riza Lecci Fundo De Investimento Imobiliario Responsabilidade Return-on-Tangible-Equity vs REITs Industry

For the REITs industry and Real Estate sector, Riza Lecci Fundo De Investimento Imobiliario Responsabilidade's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Riza Lecci Fundo De Investimento Imobiliario Responsabilidade's Return-on-Tangible-Equity falls into.


BSP:RZLC11
5GF Score
Riza Lecci Fundo De Investimento Imobiliario Responsabilidade BSP:RZLC11
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Riza Lecci Fundo De Investimento Imobiliario Responsabilidade Return-on-Tangible-Equity Calculation

Riza Lecci Fundo De Investimento Imobiliario Responsabilidade'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 )
=8.139/( (48.513+158.806 )/ 2 )
=8.139/103.6595
=7.85 %

Riza Lecci Fundo De Investimento Imobiliario Responsabilidade'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 )
=8.139/( (48.513+158.806)/ 2 )
=8.139/103.6595
=7.85 %

* 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 7.85% mean?
Riza Lecci Fundo De Investimento Imobiliario Responsabilidade (BSP:RZLC11) has a Return-on-Tangible-Equity of 7.85% 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 Riza Lecci Fundo De Investimento Imobiliario Responsabilidade and its competitors. This is near median its historical median of 7.85. Over the past decade, Riza Lecci Fundo De Investimento Imobiliario Responsabilidade's Return-on-Tangible-Equity has ranged from 7.85 to 7.85. According to the industry distribution chart, Riza Lecci Fundo De Investimento Imobiliario Responsabilidade ranks #353 out of 928 companies in the REITs industry, placing it in the top 38%.
Is Riza Lecci Fundo De Investimento Imobiliario Responsabilidade's Return-on-Tangible-Equity too high?
Riza Lecci Fundo De Investimento Imobiliario Responsabilidade's current Return-on-Tangible-Equity of 7.85% is near median its 10-year median of 7.85. Over the past 10 years, this metric has ranged from a low of 7.85 to a high of 7.85. The REITs industry median Return-on-Tangible-Equity is 6.27. Riza Lecci Fundo De Investimento Imobiliario Responsabilidade's value of 7.85% is 25.3% above this industry median. Based on the distribution chart, Riza Lecci Fundo De Investimento Imobiliario Responsabilidade ranks #353 out of 928 companies in the REITs industry, which is above the industry midpoint. Overall, Riza Lecci Fundo De Investimento Imobiliario Responsabilidade has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Riza Lecci Fundo De Investimento Imobiliario Responsabilidade's Return-on-Tangible-Equity compare to VICI and WPC?
According to the REITs industry distribution chart, Riza Lecci Fundo De Investimento Imobiliario Responsabilidade ranks #353 out of 928 companies for Return-on-Tangible-Equity. This puts Riza Lecci Fundo De Investimento Imobiliario Responsabilidade in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.27. Riza Lecci Fundo De Investimento Imobiliario Responsabilidade's value of 7.85% is 25.3% above this benchmark. Historically, Riza Lecci Fundo De Investimento Imobiliario Responsabilidade's own Return-on-Tangible-Equity has ranged from 7.85 to 7.85 over the past decade. While the company's 10-year median is 7.85 vs. the industry median of 6.27, Riza Lecci Fundo De Investimento Imobiliario Responsabilidade 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. Riza Lecci Fundo De Investimento Imobiliario Responsabilidade's current Return-on-Tangible-Equity of 7.85% is 25.3% 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 Riza Lecci Fundo De Investimento Imobiliario Responsabilidade 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. Riza Lecci Fundo De Investimento Imobiliario Responsabilidade's current Return-on-Tangible-Equity is 7.85%, which is near median its own 10-year median of 7.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Riza Lecci Fundo De Investimento Imobiliario Responsabilidade stock overvalued right now?
Riza Lecci Fundo De Investimento Imobiliario Responsabilidade (BSP:RZLC11) has a current Return-on-Tangible-Equity of 7.85%. The current Return-on-Tangible-Equity is 7.85%, which is near median its 10-year median of 7.85 and 25.3% above the REITs industry median of 6.27. Riza Lecci Fundo De Investimento Imobiliario Responsabilidade's overall GF Score™ is 5/100 with 2 warning signs 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 Riza Lecci Fundo De Investimento Imobiliario Responsabilidade (BSP:RZLC11), the current Return-on-Tangible-Equity is 7.85% 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.

Riza Lecci Fundo De Investimento Imobiliario Responsabilidade Business Description

Industry Real EstateREITs
Address Botafogo Beach, 501, 6th Floor- Botafogo, Rio de Janeiro, RJ, BRA, 22250-040
Riza Lecci Fundo De Investimento Imobiliario Responsabilidade operates as a real estate investment fund.
5GF Score

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

R$1,006.84
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