Icone - Fundo De Investimento Imobiliario Responsabilidade (BSP:ICNE11) ROA %: 16.12% (As of Dec. 2025) — Near Median


BSP:ICNE11 Icone - Fundo De Investimento Imobiliario Responsabilidade Ltd BSP:ICNE11
9 GF Score
Price R$700.00
! 2 Warning Signs
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What is Icone - Fundo De Investimento Imobiliario Responsabilidade ROA %?

Icone - Fundo De Investimento Imobiliario Responsabilidade BSP:ICNE11 9 ROA % is 16.12% as of Dec. 2025, which is at its 10-year median of 16.12. GuruFocus rates BSP:ICNE11 with a GF Score™ of 9/100. The stock has 2 warning signs investors should review. Among 943 REITs companies, Icone - Fundo De Investimento Imobiliario Responsabilidade ranks better than 95.23% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Icone - Fundo De Investimento Imobiliario Responsabilidade's annualized Net Income for the quarter that ended in Dec. 2025 was R$16.37 Mil. Icone - Fundo De Investimento Imobiliario Responsabilidade's average Total Assets over the quarter that ended in Dec. 2025 was R$101.58 Mil. Therefore, Icone - Fundo De Investimento Imobiliario Responsabilidade's annualized ROA % for the quarter that ended in Dec. 2025 was 16.12%.

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

BSP:ICNE11' s ROA % Range Over the Past 10 Years
Min: -0.07   Med: 16.12   Max: 22.17
Current: 16.12

During the past 3 years, Icone - Fundo De Investimento Imobiliario Responsabilidade's highest ROA % was 22.17%. The lowest was -0.07%. And the median was 16.12%.

BSP:ICNE11's ROA % is ranked better than
95.23% of 943 companies
in the REITs industry
Industry Median: 3.2 vs BSP:ICNE11: 16.12

Icone - Fundo De Investimento Imobiliario Responsabilidade  (BSP:ICNE11) 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
=16.374/101.5805
=(Net Income / Revenue)*(Revenue / Total Assets)
=(16.374 / 0)*(0 / 101.5805)
=Net Margin %*Asset Turnover
=N/A %*0
=16.12 %

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.


Icone - Fundo De Investimento Imobiliario Responsabilidade ROA % Related Terms


Icone - Fundo De Investimento Imobiliario Responsabilidade ROA % Historical Data

* Premium members only.

The historical data trend for Icone - Fundo De Investimento Imobiliario Responsabilidade'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.

Icone - Fundo De Investimento Imobiliario Responsabilidade ROA % Chart

Icone - Fundo De Investimento Imobiliario Responsabilidade Annual Data
Trend Dec23 Dec24 Dec25
ROA %
-0.07 22.17 16.12

Icone - Fundo De Investimento Imobiliario Responsabilidade Semi-Annual Data
Dec23 Dec24 Dec25
ROA % -0.07 22.17 16.12

BSP:ICNE11 vs VICI, WPC: ROA % Comparison

For the REIT - Diversified subindustry, Icone - Fundo De Investimento Imobiliario Responsabilidade'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.


Icone - Fundo De Investimento Imobiliario Responsabilidade ROA % vs REITs Industry

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

* The bar in red indicates where Icone - Fundo De Investimento Imobiliario Responsabilidade's ROA % falls into.


BSP:ICNE11
9GF Score
Icone - Fundo De Investimento Imobiliario Responsabilidade Ltd BSP:ICNE11
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Icone - Fundo De Investimento Imobiliario Responsabilidade ROA % Calculation

Icone - Fundo De Investimento Imobiliario Responsabilidade'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 )
=16.374/( (101.204+101.957)/ 2 )
=16.374/101.5805
=16.12 %

Icone - Fundo De Investimento Imobiliario Responsabilidade'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 )
=16.374/( (101.204+101.957)/ 2 )
=16.374/101.5805
=16.12 %

* 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 16.12% mean?
Icone - Fundo De Investimento Imobiliario Responsabilidade (BSP:ICNE11) has a ROA % of 16.12% 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 Icone - Fundo De Investimento Imobiliario Responsabilidade and its competitors. This is near median its historical median of 16.12. According to the industry distribution chart, Icone - Fundo De Investimento Imobiliario Responsabilidade ranks #45 out of 943 companies in the REITs industry, placing it in the top 4.8%.
Is Icone - Fundo De Investimento Imobiliario Responsabilidade's ROA % too high?
Icone - Fundo De Investimento Imobiliario Responsabilidade's current ROA % of 16.12% is near median its 10-year median of 16.12. The REITs industry median ROA % is 3.20. Icone - Fundo De Investimento Imobiliario Responsabilidade's value of 16.12% is 403.8% above this industry median. Based on the distribution chart, Icone - Fundo De Investimento Imobiliario Responsabilidade ranks #45 out of 943 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Icone - Fundo De Investimento Imobiliario Responsabilidade has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Icone - Fundo De Investimento Imobiliario Responsabilidade's ROA % compare to VICI and WPC?
According to the REITs industry distribution chart, Icone - Fundo De Investimento Imobiliario Responsabilidade ranks #45 out of 943 companies for ROA %. This places Icone - Fundo De Investimento Imobiliario Responsabilidade in the top 5% of its industry — outperforming the majority of peers. The industry median ROA % is 3.20. Icone - Fundo De Investimento Imobiliario Responsabilidade's value of 16.12% is 403.8% above this benchmark. While the company's 10-year median is 16.12 vs. the industry median of 3.20, Icone - Fundo De Investimento Imobiliario Responsabilidade 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 3.20, based on 943 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. Icone - Fundo De Investimento Imobiliario Responsabilidade's current ROA % of 16.12% is 403.8% 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 Icone - Fundo De Investimento Imobiliario Responsabilidade 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. Icone - Fundo De Investimento Imobiliario Responsabilidade's current ROA % is 16.12%, which is near median its own 10-year median of 16.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icone - Fundo De Investimento Imobiliario Responsabilidade stock overvalued right now?
Icone - Fundo De Investimento Imobiliario Responsabilidade (BSP:ICNE11) has a current ROA % of 16.12%. The current ROA % is 16.12%, which is near median its 10-year median of 16.12 and 403.8% above the REITs industry median of 3.20. Icone - Fundo De Investimento Imobiliario Responsabilidade's overall GF Score™ is 9/100 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 Icone - Fundo De Investimento Imobiliario Responsabilidade (BSP:ICNE11), the current ROA % is 16.12% 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.

Icone - Fundo De Investimento Imobiliario Responsabilidade Business Description

Industry Real EstateREITs
Address Avenida das americas, Block 07, room 201, Rio de Janeiro, RJ, BRA, 22640102
Icone - Fundo De Investimento Imobiliario Responsabilidade Ltd is a real estate investment fund constituted in the form of a condominium. Its assets are made up of a single class of Shares that are closed and restricted.
9GF Score

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

R$700.00
Price