Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio (BSP:HDEL11) ROA %: 29.35% (As of Dec. 2025)

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BSP:HDEL11 Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio BSP:HDEL11
24 GF Score
Price R$3.30
! 2 Warning Signs
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What is Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio ROA %?

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio BSP:HDEL11 24 ROA % is 29.35% as of Dec. 2025. GuruFocus rates BSP:HDEL11 with a GF Score™ of 24/100. The stock has 2 warning signs investors should review. Among 933 REITs companies, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio ranks better than 99.36% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's annualized Net Income for the quarter that ended in Dec. 2025 was R$68.86 Mil. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's average Total Assets over the quarter that ended in Dec. 2025 was R$234.59 Mil. Therefore, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's annualized ROA % for the quarter that ended in Dec. 2025 was 29.35%.

The historical rank and industry rank for Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's ROA % or its related term are showing as below:

BSP:HDEL11' s ROA % Range Over the Past 10 Years
Min: -9.08   Med: -5.04   Max: 29.35
Current: 29.35

During the past 4 years, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's highest ROA % was 29.35%. The lowest was -9.08%. And the median was -5.04%.

BSP:HDEL11's ROA % is ranked better than
99.36% of 933 companies
in the REITs industry
Industry Median: 3.21 vs BSP:HDEL11: 29.35

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio  (BSP:HDEL11) 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
=68.855/234.586
=(Net Income / Revenue)*(Revenue / Total Assets)
=(68.855 / 6.523)*(6.523 / 234.586)
=Net Margin %*Asset Turnover
=1055.57 %*0.0278
=29.35 %

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.


Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio ROA % Related Terms


Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio ROA % Historical Data

* Premium members only.

The historical data trend for Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio'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.

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio ROA % Chart

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Annual Data
Trend Dec22 Dec23 Dec24 Dec25
ROA %
0.00 -5.04 -9.08 29.35

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
ROA % 0.00 -5.04 -9.08 29.35

BSP:HDEL11 vs VICI, WPC: ROA % Comparison

For the REIT - Diversified subindustry, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio'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.


Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio ROA % vs REITs Industry

For the REITs industry and Real Estate sector, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's ROA % distribution charts can be found below:

* The bar in red indicates where Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's ROA % falls into.


BSP:HDEL11
24GF Score
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio BSP:HDEL11
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio ROA % Calculation

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio'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 )
=68.855/( (196.963+272.209)/ 2 )
=68.855/234.586
=29.35 %

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio'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 )
=68.855/( (196.963+272.209)/ 2 )
=68.855/234.586
=29.35 %

* 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 29.35% mean?
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio (BSP:HDEL11) has a ROA % of 29.35% 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 Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio and its competitors. According to the industry distribution chart, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio ranks #6 out of 933 companies in the REITs industry, placing it in the top 0.59999999999999%.
Is Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's ROA % too high?
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's current ROA % is 29.35%. The REITs industry median ROA % is 3.21. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's value of 29.35% is 814.3% above this industry median. Based on the distribution chart, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio ranks #6 out of 933 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's ROA % compare to VICI and WPC?
According to the REITs industry distribution chart, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio ranks #6 out of 933 companies for ROA %. This places Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio in the top 1% of its industry — outperforming the majority of peers. The industry median ROA % is 3.21. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's value of 29.35% is 814.3% above this benchmark. 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 933 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. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's current ROA % of 29.35% is 814.3% 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 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 Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio 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. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's current ROA % is 29.35%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio stock overvalued right now?
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio (BSP:HDEL11) has a current ROA % of 29.35%. The current ROA % is 29.35% and 814.3% above the REITs industry median of 3.21. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's overall GF Score™ is 24/100 with 2 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 Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio (BSP:HDEL11), the current ROA % is 29.35% 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.

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Business Description

Industry Real EstateREITs
Address Avenida Brigadeiro Faria Lima 3600, 11th Floor, cjto 112 (parte), Sao Paulo, SP, BRA, 4538132
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio is a closed-end fund. The fund's objective is to provide its shareholders with appreciation and profitability of their shares in the long term, aiming to obtain capital gains through the investment of its assets.
24GF Score

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

R$3.30
Price