ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is one times the annual (Jun. 2025) net income data. The Revenue data used here is one times the annual (Jun. 2025) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Fundo DE Investimento Imobiliario BTG Pactual Shoppings ROA % Related Terms
Fundo DE Investimento Imobiliario BTG Pactual Shoppings ROA % 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.
Fundo DE Investimento Imobiliario BTG Pactual Shoppings ROA % Chart
Fundo DE Investimento Imobiliario BTG Pactual Shoppings Annual Data
* 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 BTG Pactual Shoppings ROA % 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is one times the annual (Jun. 2025) net income data.
ROA % is displayed in the 30-year financial page.
Fundo DE Investimento Imobiliario BTG Pactual Shoppings (BSP:BPML11) has a ROA % of 6.69% as of Jun. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Fundo DE Investimento Imobiliario BTG Pactual Shoppings and its competitors. This is 33% above median its historical median of 5.03. According to the industry distribution chart, Fundo DE Investimento Imobiliario BTG Pactual Shoppings ranks #217 out of 940 companies in the REITs industry, placing it in the top 23.1%.
Is Fundo DE Investimento Imobiliario BTG Pactual Shoppings' ROA % too high?
Fundo DE Investimento Imobiliario BTG Pactual Shoppings' current ROA % of 6.69% is 33% above median its 10-year median of 5.03. The REITs industry median ROA % is 3.18. Fundo DE Investimento Imobiliario BTG Pactual Shoppings' value of 6.69% is 110.4% above this industry median. Based on the distribution chart, Fundo DE Investimento Imobiliario BTG Pactual Shoppings ranks #217 out of 940 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Fundo DE Investimento Imobiliario BTG Pactual Shoppings has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fundo DE Investimento Imobiliario BTG Pactual Shoppings' ROA % compare to SPG and O?
According to the REITs industry distribution chart, Fundo DE Investimento Imobiliario BTG Pactual Shoppings ranks #217 out of 940 companies for ROA %. This places Fundo DE Investimento Imobiliario BTG Pactual Shoppings in the top 23% of its industry — outperforming the majority of peers. The industry median ROA % is 3.18. Fundo DE Investimento Imobiliario BTG Pactual Shoppings' value of 6.69% is 110.4% above this benchmark. While the company's 10-year median is 5.03 vs. the industry median of 3.18, Fundo DE Investimento Imobiliario BTG Pactual Shoppings 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 ROA % for a REITs company?
The median ROA % among REITs companies is 3.18, based on 940 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fundo DE Investimento Imobiliario BTG Pactual Shoppings's current ROA % of 6.69% is 110.4% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Fundo DE Investimento Imobiliario BTG Pactual Shoppings and its competitors. For the REITs industry, the median ROA % is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundo DE Investimento Imobiliario BTG Pactual Shoppings's current ROA % is 6.69%, which is 33% above median its own 10-year median of 5.03. 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 BTG Pactual Shoppings stock overvalued right now?
Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario BTG Pactual Shoppings (BSP:BPML11) is currently considered Significantly Overvalued. The stock's GF Value™ is R$31.47, compared to a current price of R$85.30 — trading 171.1% above its estimated fair value. The current ROA % is 6.69%, which is 33% above median its 10-year median of 5.03 and 110.4% above the REITs industry median of 3.18. Fundo DE Investimento Imobiliario BTG Pactual Shoppings' overall GF Score™ is 58/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Fundo DE Investimento Imobiliario BTG Pactual Shoppings (BSP:BPML11), the current ROA % is 6.69% as of Jun. 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 Fundo DE Investimento Imobiliario BTG Pactual Shoppings (BSP:BPML11) Overvalued in 2026?
Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario BTG Pactual Shoppings stock appears to be overvalued.
The current stock price of R$85.30 is trading 171.1% above its estimated GF Value™ of R$31.47.
GuruFocus considers Fundo DE Investimento Imobiliario BTG Pactual Shoppings to be Significantly Overvalued.
Key valuation signals for BSP:BPML11:
ROA %: 6.69% (33% above median its 10-year median of 5.03)
GF Value™: R$31.47 vs. price of R$85.30 (171.1% above fair value)
Industry Position: 110.4% above the REITs median (#217 of 940)
No single metric tells the full story. See the BSP:BPML11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fundo DE Investimento Imobiliario BTG Pactual Shoppings Business Description
Fundo DE Investimento Imobiliario BTG Pactual Shoppings is a closed-end fund. The purpose of this asset class is to provide shareholders with appreciation and profitability of their shares, through investment in real estate ventures, through the acquisition of completed and constructed real estate developments, land, or buildings under construction, intended for institutional use or commercial.
58GF Score
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