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BSP:TSER11's Return-on-Tangible-Equity is ranked better than 61.79% of 929
companies
in the REITs industry
Industry Median: 6.25
vs BSP:TSER11: 7.83
Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario (BSP:TSER11) 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.
Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario Return-on-Tangible-Equity Related Terms
Tishman Speyer Rendaorativa 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.
Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario Return-on-Tangible-Equity Chart
Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
Return-on-Tangible-Equity
0.00
12.28
14.03
9.90
7.83
Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario Semi-Annual Data
Dec21
Dec22
Dec23
Dec24
Dec25
Return-on-Tangible-Equity
0.00
12.28
14.03
9.90
7.83
BSP:TSER11 vs VICI, WPC: Return-on-Tangible-Equity Comparison
* 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.
Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario 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 (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 7.83% mean?
Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario (BSP:TSER11) has a Return-on-Tangible-Equity of 7.83% 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 Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario and its competitors. This is 29% below median its historical median of 11.09. Over the past decade, Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's Return-on-Tangible-Equity has ranged from 7.83 to 14.03. According to the industry distribution chart, Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario ranks #355 out of 929 companies in the REITs industry, placing it in the top 38.2%.
Is Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's Return-on-Tangible-Equity too high?
Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's current Return-on-Tangible-Equity of 7.83% is 29% below median its 10-year median of 11.09. Over the past 10 years, this metric has ranged from a low of 7.83 to a high of 14.03. The REITs industry median Return-on-Tangible-Equity is 6.25. Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's value of 7.83% is 25.3% above this industry median. Based on the distribution chart, Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario ranks #355 out of 929 companies in the REITs industry, which is above the industry midpoint. Overall, Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's Return-on-Tangible-Equity compare to VICI and WPC?
According to the REITs industry distribution chart, Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario ranks #355 out of 929 companies for Return-on-Tangible-Equity. This puts Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario in the upper half of its industry. The industry median Return-on-Tangible-Equity is 6.25. Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's value of 7.83% is 25.3% above this benchmark. Historically, Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's own Return-on-Tangible-Equity has ranged from 7.83 to 14.03 over the past decade. While the company's 10-year median is 11.09 vs. the industry median of 6.25, Tishman Speyer Rendaorativa 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. Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's current Return-on-Tangible-Equity of 7.83% 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 Tishman Speyer Rendaorativa 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. Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's current Return-on-Tangible-Equity is 7.83%, which is 29% below median its own 10-year median of 11.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario (BSP:TSER11) is currently considered Modestly Overvalued. The stock's GF Value™ is R$93.85, compared to a current price of R$108.00 — trading 15.1% above its estimated fair value. The current Return-on-Tangible-Equity is 7.83%, which is 29% below median its 10-year median of 11.09 and 25.3% above the REITs industry median of 6.25. Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario's overall GF Score™ is 43/100 with 4 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 Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario (BSP:TSER11), the current Return-on-Tangible-Equity is 7.83% 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.
Is Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario (BSP:TSER11) Overvalued in 2026?
Based on GuruFocus' analysis, Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario stock appears to be overvalued.
The current stock price of R$108.00 is trading 15.1% above its estimated GF Value™ of R$93.85.
GuruFocus considers Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario to be Modestly Overvalued.
Key valuation signals for BSP:TSER11:
Return-on-Tangible-Equity: 7.83% (29% below median its 10-year median of 11.09)
GF Value™: R$93.85 vs. price of R$108.00 (15.1% above fair value)
Industry Position: 25.3% above the REITs median (#355 of 929)
No single metric tells the full story. See the BSP:TSER11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tishman Speyer Rendaorativa Fundo DE Investimento Imobiliario Business Description
Tishman Speyer Renda Corporativa Fundo DE Investimento Imobiliario acquires, repositions, develops, and operates office, retail, and residential projects. The company focuses on prime assets located in the central business districts of metropolitan areas in the United States, Europe, Brazil, China, and India.
43GF Score
Get the complete analysis for BSP:TSER11
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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