Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11) ROA %: -9.06% (As of Dec. 2025)


BSP:HOFC11 Hedge Office Income Fundo De Investimento Imobiliario BSP:HOFC11
55 GF Score
Price R$33.75
GF Value R$22.43
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Hedge Officeome Fundo De Investimento Imobiliario ROA %?

Hedge Officeome Fundo De Investimento Imobiliario BSP:HOFC11 -2.99% 55 ROA % is -9.06% as of Dec. 2025. GuruFocus rates BSP:HOFC11 with a GF Score™ of 55/100 and a GF Value™ of R$22.43 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 938 REITs companies, Hedge Officeome Fundo De Investimento Imobiliario ranks worse than 96.06% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Hedge Officeome Fundo De Investimento Imobiliario's annualized Net Income for the quarter that ended in Dec. 2025 was R$-26.26 Mil. Hedge Officeome Fundo De Investimento Imobiliario's average Total Assets over the quarter that ended in Dec. 2025 was R$289.83 Mil. Therefore, Hedge Officeome Fundo De Investimento Imobiliario's annualized ROA % for the quarter that ended in Dec. 2025 was -9.06%.

The historical rank and industry rank for Hedge Officeome Fundo De Investimento Imobiliario's ROA % or its related term are showing as below:

BSP:HOFC11' s ROA % Range Over the Past 10 Years
Min: -19.24   Med: -4.9   Max: 6.84
Current: -9.06

During the past 7 years, Hedge Officeome Fundo De Investimento Imobiliario's highest ROA % was 6.84%. The lowest was -19.24%. And the median was -4.90%.

BSP:HOFC11's ROA % is ranked worse than
96.06% of 938 companies
in the REITs industry
Industry Median: 3.2 vs BSP:HOFC11: -9.06

Hedge Officeome Fundo De Investimento Imobiliario  (BSP:HOFC11) 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
=-26.257/289.83
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-26.257 / 17.604)*(17.604 / 289.83)
=Net Margin %*Asset Turnover
=-149.15 %*0.0607
=-9.06 %

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 Officeome Fundo De Investimento Imobiliario ROA % Related Terms


Hedge Officeome Fundo De Investimento Imobiliario ROA % Historical Data

* Premium members only.

The historical data trend for Hedge Officeome Fundo De Investimento Imobiliario'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 Officeome Fundo De Investimento Imobiliario ROA % Chart

Hedge Officeome Fundo De Investimento Imobiliario Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial -9.48 5.43 -19.24 -4.90 -9.06

Hedge Officeome Fundo De Investimento Imobiliario Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA % Get a 7-Day Free Trial -9.48 5.43 -19.24 -4.90 -9.06

BSP:HOFC11 vs BXP, ARE, VNO: ROA % Comparison

For the REIT - Office subindustry, Hedge Officeome Fundo De Investimento Imobiliario'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 Officeome Fundo De Investimento Imobiliario ROA % vs REITs Industry

For the REITs industry and Real Estate sector, Hedge Officeome Fundo De Investimento Imobiliario's ROA % distribution charts can be found below:

* The bar in red indicates where Hedge Officeome Fundo De Investimento Imobiliario's ROA % falls into.


BSP:HOFC11
55GF Score
Hedge Office Income Fundo De Investimento Imobiliario BSP:HOFC11
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hedge Officeome Fundo De Investimento Imobiliario ROA % Calculation

Hedge Officeome Fundo De Investimento Imobiliario'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 )
=-26.257/( (305.827+273.833)/ 2 )
=-26.257/289.83
=-9.06 %

Hedge Officeome Fundo De Investimento Imobiliario'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 )
=-26.257/( (305.827+273.833)/ 2 )
=-26.257/289.83
=-9.06 %

* 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 -9.06% mean?
Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11) has a ROA % of -9.06% 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 Officeome Fundo De Investimento Imobiliario and its competitors. According to the industry distribution chart, Hedge Officeome Fundo De Investimento Imobiliario ranks #901 out of 938 companies in the REITs industry, placing it in the top 96.1%.
Is Hedge Officeome Fundo De Investimento Imobiliario's ROA % too high?
Hedge Officeome Fundo De Investimento Imobiliario's current ROA % is -9.06%. Based on the distribution chart, Hedge Officeome Fundo De Investimento Imobiliario ranks #901 out of 938 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Hedge Officeome Fundo De Investimento Imobiliario has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hedge Officeome Fundo De Investimento Imobiliario's ROA % compare to BXP and ARE?
According to the REITs industry distribution chart, Hedge Officeome Fundo De Investimento Imobiliario ranks #901 out of 938 companies for ROA %. This places Hedge Officeome Fundo De Investimento Imobiliario in the lower half of its industry. The industry median ROA % is 3.20. 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 3.20, based on 938 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. 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 Officeome Fundo De Investimento Imobiliario and its competitors. For the REITs industry, the median ROA % is 3.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hedge Officeome Fundo De Investimento Imobiliario's current ROA % is -9.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hedge Officeome Fundo De Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11) is currently considered Significantly Overvalued. The stock's GF Value™ is R$22.43, compared to a current price of R$33.75 — trading 50.5% above its estimated fair value. The current ROA % is -9.06%. Hedge Officeome Fundo De Investimento Imobiliario's overall GF Score™ is 55/100 with 9 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 Officeome Fundo De Investimento Imobiliario (BSP:HOFC11), the current ROA % is -9.06% 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 Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11) Overvalued in 2026?

Based on GuruFocus' analysis, Hedge Officeome Fundo De Investimento Imobiliario stock appears to be overvalued. The current stock price of R$33.75 is trading 50.5% above its estimated GF Value™ of R$22.43. GuruFocus considers Hedge Officeome Fundo De Investimento Imobiliario to be Significantly Overvalued.

Key valuation signals for BSP:HOFC11:

  • ROA %: -9.06%
  • GF Value™: R$22.43 vs. price of R$33.75 (50.5% above fair value)
  • GF Score™: 55/100 with 9 warning signs

No single metric tells the full story. See the BSP:HOFC11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hedge Officeome Fundo De Investimento Imobiliario Business Description

Industry Real EstateREITs
Address Avenida Brigadeiro Faria Lima, 3600, 11th Floor, cj 112 - Itaim Bibi, Sao Paulo, SP, BRA, 04538-132
Hedge Office Income Fundo De Investimento Imobiliario operates as a corporate Real Estate Fund .The objective of the Fund is to obtain income and capital gains to be obtained through the exploration of a or more real estate projects, aimed at the office segment including slabs and corporate buildings being certain that in such office developments there may be certain properties intended for commercial, retail activities.
55GF Score

Get the complete analysis for BSP:HOFC11

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

R$33.75
Price
R$22.43
GF Value