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.
Vinci Shopping Centers Fundo Investimento Imobiliario-FII Return-on-Tangible-Equity Related Terms
Vinci Shopping Centers Fundo Investimento Imobiliario-FII 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.
Vinci Shopping Centers Fundo Investimento Imobiliario-FII 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 1.19% mean?
Vinci Shopping Centers Fundo Investimento Imobiliario-FII (BSP:VISC11) has a Return-on-Tangible-Equity of 1.19% 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 Vinci Shopping Centers Fundo Investimento Imobiliario-FII and its competitors. This is 85% below median its historical median of 8.15. Over the past decade, Vinci Shopping Centers Fundo Investimento Imobiliario-FII's Return-on-Tangible-Equity has ranged from 1.19 to 26.13. According to the industry distribution chart, Vinci Shopping Centers Fundo Investimento Imobiliario-FII ranks #707 out of 935 companies in the REITs industry, placing it in the top 75.6%.
Is Vinci Shopping Centers Fundo Investimento Imobiliario-FII's Return-on-Tangible-Equity too high?
Vinci Shopping Centers Fundo Investimento Imobiliario-FII's current Return-on-Tangible-Equity of 1.19% is 85% below median its 10-year median of 8.15. Over the past 10 years, this metric has ranged from a low of 1.19 to a high of 26.13. The REITs industry median Return-on-Tangible-Equity is 6.23. Vinci Shopping Centers Fundo Investimento Imobiliario-FII's value of 1.19% is 80.9% below this industry median. Based on the distribution chart, Vinci Shopping Centers Fundo Investimento Imobiliario-FII ranks #707 out of 935 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Vinci Shopping Centers Fundo Investimento Imobiliario-FII has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vinci Shopping Centers Fundo Investimento Imobiliario-FII's Return-on-Tangible-Equity compare to SPG and O?
According to the REITs industry distribution chart, Vinci Shopping Centers Fundo Investimento Imobiliario-FII ranks #707 out of 935 companies for Return-on-Tangible-Equity. This places Vinci Shopping Centers Fundo Investimento Imobiliario-FII in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.23. Vinci Shopping Centers Fundo Investimento Imobiliario-FII's value of 1.19% is 80.9% below this benchmark. Historically, Vinci Shopping Centers Fundo Investimento Imobiliario-FII's own Return-on-Tangible-Equity has ranged from 1.19 to 26.13 over the past decade. While the company's 10-year median is 8.15 vs. the industry median of 6.23, Vinci Shopping Centers Fundo Investimento Imobiliario-FII has consistently been below 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 6.23, based on 935 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. Vinci Shopping Centers Fundo Investimento Imobiliario-FII's current Return-on-Tangible-Equity of 1.19% is 80.9% below 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 Vinci Shopping Centers Fundo Investimento Imobiliario-FII and its competitors. For the REITs industry, the median Return-on-Tangible-Equity is 6.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vinci Shopping Centers Fundo Investimento Imobiliario-FII's current Return-on-Tangible-Equity is 1.19%, which is 85% below median its own 10-year median of 8.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinci Shopping Centers Fundo Investimento Imobiliario-FII stock overvalued right now?
Based on GuruFocus' analysis, Vinci Shopping Centers Fundo Investimento Imobiliario-FII (BSP:VISC11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$116.13, compared to a current price of R$105.00 — trading 9.6% below its estimated fair value. The current Return-on-Tangible-Equity is 1.19%, which is 85% below median its 10-year median of 8.15 and 80.9% below the REITs industry median of 6.23. Vinci Shopping Centers Fundo Investimento Imobiliario-FII's overall GF Score™ is 77/100 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 Vinci Shopping Centers Fundo Investimento Imobiliario-FII (BSP:VISC11), the current Return-on-Tangible-Equity is 1.19% 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 Vinci Shopping Centers Fundo Investimento Imobiliario-FII (BSP:VISC11) Overvalued in 2026?
Based on GuruFocus' analysis, Vinci Shopping Centers Fundo Investimento Imobiliario-FII stock appears to be undervalued.
The current stock price of R$105.00 is trading 9.6% below its estimated GF Value™ of R$116.13.
GuruFocus considers Vinci Shopping Centers Fundo Investimento Imobiliario-FII to be Modestly Undervalued.
Key valuation signals for BSP:VISC11:
Return-on-Tangible-Equity: 1.19% (85% below median its 10-year median of 8.15)
GF Value™: R$116.13 vs. price of R$105.00 (9.6% below fair value)
Industry Position: 80.9% below the REITs median (#707 of 935)
No single metric tells the full story. See the BSP:VISC11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vinci Shopping Centers Fundo Investimento Imobiliario-FII Business Description
Vinci Shopping Centers Fundo Investimento Imobiliario-FII is a real estate investment trust. The company invests in real estate properties of shopping centers and / or related, such as strip malls, outlet centers, among others. The objective of the Fund is to obtain income through the investment of resources, predominantly in real estate, as well as in any real rights over real estate or, even, through indirect investment in real estate through the acquisition of real estate assets.
77GF 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.
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