Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas (BSP:BTRA11) ROA %: 9.04% (As of Dec. 2025) — 40% Above Median

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BSP:BTRA11 Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas BSP:BTRA11
44 GF Score
Price R$65.82
GF Value R$13.40
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas ROA %?

Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas BSP:BTRA11 +1.12% 44 ROA % is 9.04% as of Dec. 2025, which is 40% above its 10-year median of 6.44. GuruFocus rates BSP:BTRA11 with a GF Score™ of 44/100 and a GF Value™ of R$13.40 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 939 REITs companies, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas ranks better than 83.39% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas's annualized Net Income for the quarter that ended in Dec. 2025 was R$37.48 Mil. Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas's average Total Assets over the quarter that ended in Dec. 2025 was R$414.79 Mil. Therefore, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas's annualized ROA % for the quarter that ended in Dec. 2025 was 9.04%.

The historical rank and industry rank for Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas's ROA % or its related term are showing as below:

BSP:BTRA11' s ROA % Range Over the Past 10 Years
Min: 1.59   Med: 6.44   Max: 21.6
Current: 9.04

During the past 5 years, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas's highest ROA % was 21.60%. The lowest was 1.59%. And the median was 6.44%.

BSP:BTRA11's ROA % is ranked better than
83.39% of 939 companies
in the REITs industry
Industry Median: 3.21 vs BSP:BTRA11: 9.04

Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas  (BSP:BTRA11) ROA % Explanation

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 bank’s 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:

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=37.484/414.7895
=(Net Income / Revenue)*(Revenue / Total Assets)
=(37.484 / 6.712)*(6.712 / 414.7895)
=Net Margin %*Asset Turnover
=558.46 %*0.0162
=9.04 %

Note: The Net Income data used here is one times the annual (Dec. 2025) net income data. The Revenue data used here is one times the annual (Dec. 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 Terras Agricolas ROA % Related Terms


Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas ROA % Historical Data

* Premium members only.

The historical data trend for Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas's ROA % 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.

Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas ROA % Chart

Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
0.00 21.60 1.59 3.83 9.04

Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas Semi-Annual Data
Dec21 Dec22 Dec23 Dec24 Dec25
ROA % 0.00 21.60 1.59 3.83 9.04

BSP:BTRA11 vs EQIX, AMT, DLR: ROA % Comparison

For the REIT - Specialty subindustry, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas's ROA %, along with its competitors' market caps and ROA % 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.


Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas ROA % vs REITs Industry

For the REITs industry and Real Estate sector, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas's ROA % distribution charts can be found below:

* The bar in red indicates where Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas's ROA % falls into.


BSP:BTRA11
44GF Score
Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas BSP:BTRA11
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas ROA % Calculation

Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=37.484/( (432.032+397.547)/ 2 )
=37.484/414.7895
=9.04 %

Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Dec. 2025 ))/ count )
=37.484/( (432.032+397.547)/ 2 )
=37.484/414.7895
=9.04 %

* 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 (Dec. 2025) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 9.04% mean?
Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas (BSP:BTRA11) has a ROA % of 9.04% as of Dec. 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 Terras Agricolas and its competitors. This is 40% above median its historical median of 6.44. Over the past decade, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas' ROA % has ranged from 1.59 to 21.60. According to the industry distribution chart, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas ranks #156 out of 939 companies in the REITs industry, placing it in the top 16.6%.
Is Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas' ROA % too high?
Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas' current ROA % of 9.04% is 40% above median its 10-year median of 6.44. Over the past 10 years, this metric has ranged from a low of 1.59 to a high of 21.60. The REITs industry median ROA % is 3.21. Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas' value of 9.04% is 181.6% above this industry median. Based on the distribution chart, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas ranks #156 out of 939 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas' ROA % compare to EQIX and AMT?
According to the REITs industry distribution chart, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas ranks #156 out of 939 companies for ROA %. This places Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas in the top 17% of its industry — outperforming the majority of peers. The industry median ROA % is 3.21. Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas' value of 9.04% is 181.6% above this benchmark. Historically, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas' own ROA % has ranged from 1.59 to 21.60 over the past decade. While the company's 10-year median is 6.44 vs. the industry median of 3.21, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas 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 3.21, based on 939 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 Terras Agricolas's current ROA % of 9.04% is 181.6% 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 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 Terras Agricolas and its competitors. For the REITs industry, the median ROA % is 3.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas's current ROA % is 9.04%, which is 40% above median its own 10-year median of 6.44. 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 Terras Agricolas stock overvalued right now?
Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas (BSP:BTRA11) is currently considered Significantly Overvalued. The stock's GF Value™ is R$13.40, compared to a current price of R$65.82 — trading 391.2% above its estimated fair value. The current ROA % is 9.04%, which is 40% above median its 10-year median of 6.44 and 181.6% above the REITs industry median of 3.21. Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas' overall GF Score™ is 44/100 with 6 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 Terras Agricolas (BSP:BTRA11), the current ROA % is 9.04% 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 Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas (BSP:BTRA11) Overvalued in 2026?

Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas stock appears to be overvalued. The current stock price of R$65.82 is trading 391.2% above its estimated GF Value™ of R$13.40. GuruFocus considers Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas to be Significantly Overvalued.

Key valuation signals for BSP:BTRA11:

  • ROA %: 9.04% (40% above median its 10-year median of 6.44)
  • GF Value™: R$13.40 vs. price of R$65.82 (391.2% above fair value)
  • GF Score™: 44/100 with 6 warning signs
  • Industry Position: 181.6% above the REITs median (#156 of 939)

No single metric tells the full story. See the BSP:BTRA11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas Business Description

Industry Real EstateREITs
Address Praia De Botafogo, 501, 5 Andar, Rio De Janeiro, RN, BRA, 22250040
Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas aims to acquire productive agricultural land (rural and urban) undergoing transformation (opportunistically) located in the main regions of the Brazilian territory.
44GF Score

Get the complete analysis for BSP:BTRA11

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$65.82
Price
R$13.40
GF Value