Suno Multiestrategia Fundo De Investimento Imobiliario (BSP:SNME11) Return-on-Tangible-Equity: 20.85% (As of Dec. 2025) — 42% Above Median

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BSP:SNME11 Suno Multiestrategia Fundo De Investimento Imobiliario BSP:SNME11
8 GF Score
Price R$9.38
! 1 Warning Sign
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What is Suno Multiestrategia Fundo De Investimento Imobiliario Return-on-Tangible-Equity?

Suno Multiestrategia Fundo De Investimento Imobiliario BSP:SNME11 8 Return-on-Tangible-Equity is 20.85% as of Dec. 2025, which is 42% above its 10-year median of 14.64. GuruFocus rates BSP:SNME11 with a GF Score™ of 8/100. The stock has 1 warning sign investors should review. Among 929 REITs companies, Suno Multiestrategia Fundo De Investimento Imobiliario ranks better than 93.33% 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. Suno Multiestrategia Fundo De Investimento Imobiliario's annualized net income for the quarter that ended in Dec. 2025 was R$14.29 Mil. Suno Multiestrategia Fundo De Investimento Imobiliario's average shareholder tangible equity for the quarter that ended in Dec. 2025 was R$68.55 Mil. Therefore, Suno Multiestrategia Fundo De Investimento Imobiliario's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was 20.85%.

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

BSP:SNME11' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 8.43   Med: 14.64   Max: 20.85
Current: 20.85

During the past 3 years, Suno Multiestrategia Fundo De Investimento Imobiliario's highest Return-on-Tangible-Equity was 20.85%. The lowest was 8.43%. And the median was 14.64%.

BSP:SNME11's Return-on-Tangible-Equity is ranked better than
93.33% of 929 companies
in the REITs industry
Industry Median: 6.25 vs BSP:SNME11: 20.85

Suno Multiestrategia Fundo De Investimento Imobiliario  (BSP:SNME11) 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.


Suno Multiestrategia Fundo De Investimento Imobiliario Return-on-Tangible-Equity Related Terms


Suno Multiestrategia Fundo De Investimento Imobiliario Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Suno Multiestrategia Fundo De Investimento Imobiliario'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.

Suno Multiestrategia Fundo De Investimento Imobiliario Return-on-Tangible-Equity Chart

Suno Multiestrategia Fundo De Investimento Imobiliario Annual Data
Trend Dec23 Dec24 Dec25
Return-on-Tangible-Equity
0.00 8.43 20.85

Suno Multiestrategia Fundo De Investimento Imobiliario Semi-Annual Data
Dec23 Dec24 Dec25
Return-on-Tangible-Equity 0.00 8.43 20.85

BSP:SNME11 vs VICI, WPC: Return-on-Tangible-Equity Comparison

For the REIT - Diversified subindustry, Suno Multiestrategia 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.


Suno Multiestrategia Fundo De Investimento Imobiliario Return-on-Tangible-Equity vs REITs Industry

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

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


BSP:SNME11
8GF Score
Suno Multiestrategia Fundo De Investimento Imobiliario BSP:SNME11
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Suno Multiestrategia Fundo De Investimento Imobiliario Return-on-Tangible-Equity Calculation

Suno Multiestrategia Fundo De Investimento Imobiliario'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 )
=14.294/( (66.892+70.207 )/ 2 )
=14.294/68.5495
=20.85 %

Suno Multiestrategia Fundo De Investimento Imobiliario'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 )
=14.294/( (66.892+70.207)/ 2 )
=14.294/68.5495
=20.85 %

* 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 20.85% mean?
Suno Multiestrategia Fundo De Investimento Imobiliario (BSP:SNME11) has a Return-on-Tangible-Equity of 20.85% 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 Suno Multiestrategia Fundo De Investimento Imobiliario and its competitors. This is 42% above median its historical median of 14.64. Over the past decade, Suno Multiestrategia Fundo De Investimento Imobiliario's Return-on-Tangible-Equity has ranged from 8.43 to 20.85. According to the industry distribution chart, Suno Multiestrategia Fundo De Investimento Imobiliario ranks #62 out of 929 companies in the REITs industry, placing it in the top 6.7%.
Is Suno Multiestrategia Fundo De Investimento Imobiliario's Return-on-Tangible-Equity too high?
Suno Multiestrategia Fundo De Investimento Imobiliario's current Return-on-Tangible-Equity of 20.85% is 42% above median its 10-year median of 14.64. Over the past 10 years, this metric has ranged from a low of 8.43 to a high of 20.85. The REITs industry median Return-on-Tangible-Equity is 6.25. Suno Multiestrategia Fundo De Investimento Imobiliario's value of 20.85% is 233.6% above this industry median. Based on the distribution chart, Suno Multiestrategia Fundo De Investimento Imobiliario ranks #62 out of 929 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Suno Multiestrategia Fundo De Investimento Imobiliario has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Suno Multiestrategia Fundo De Investimento Imobiliario's Return-on-Tangible-Equity compare to VICI and WPC?
According to the REITs industry distribution chart, Suno Multiestrategia Fundo De Investimento Imobiliario ranks #62 out of 929 companies for Return-on-Tangible-Equity. This places Suno Multiestrategia Fundo De Investimento Imobiliario in the top 7% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.25. Suno Multiestrategia Fundo De Investimento Imobiliario's value of 20.85% is 233.6% above this benchmark. Historically, Suno Multiestrategia Fundo De Investimento Imobiliario's own Return-on-Tangible-Equity has ranged from 8.43 to 20.85 over the past decade. While the company's 10-year median is 14.64 vs. the industry median of 6.25, Suno Multiestrategia 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 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. Suno Multiestrategia Fundo De Investimento Imobiliario's current Return-on-Tangible-Equity of 20.85% is 233.6% 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 Suno Multiestrategia Fundo De Investimento Imobiliario 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. Suno Multiestrategia Fundo De Investimento Imobiliario's current Return-on-Tangible-Equity is 20.85%, which is 42% above median its own 10-year median of 14.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suno Multiestrategia Fundo De Investimento Imobiliario stock overvalued right now?
Suno Multiestrategia Fundo De Investimento Imobiliario (BSP:SNME11) has a current Return-on-Tangible-Equity of 20.85%. The current Return-on-Tangible-Equity is 20.85%, which is 42% above median its 10-year median of 14.64 and 233.6% above the REITs industry median of 6.25. Suno Multiestrategia Fundo De Investimento Imobiliario'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 Suno Multiestrategia Fundo De Investimento Imobiliario (BSP:SNME11), the current Return-on-Tangible-Equity is 20.85% 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.

Suno Multiestrategia Fundo De Investimento Imobiliario Business Description

Industry Real EstateREITs
Address Praia de Botafogo, 501 - 5th Floor, Rio de Janeiro, RJ, BRA, CEP: 222500
Suno Multiestrategia Fundo De Investimento Imobiliario is a fund with the objective of investing broadly in the local real estate market . Management navigates through different classes of products and strategies, seeking to navigate different market cycles through a dynamic and bold allocation.
8GF 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$9.38
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