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Rbr Alpha Multiestrategia Real Estate Fundo DE Inv Imob (BSP:RBRX11) ROA % : 14.45% (As of Dec. 2023)


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What is Rbr Alpha Multiestrategia Real Estate Fundo DE Inv Imob ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Rbr Alpha Multiestrategia Real Estate Fundo DE Inv Imob's annualized Net Income for the quarter that ended in Dec. 2023 was R$169.66 Mil. Rbr Alpha Multiestrategia Real Estate Fundo DE Inv Imob's average Total Assets over the quarter that ended in Dec. 2023 was R$1,174.23 Mil. Therefore, Rbr Alpha Multiestrategia Real Estate Fundo DE Inv Imob's annualized ROA % for the quarter that ended in Dec. 2023 was 14.45%.

The historical rank and industry rank for Rbr Alpha Multiestrategia Real Estate Fundo DE Inv Imob's ROA % or its related term are showing as below:

BSP:RBRX11' s ROA % Range Over the Past 10 Years
Min: -0.83   Med: 5.67   Max: 25.6
Current: 14.45

During the past 7 years, Rbr Alpha Multiestrategia Real Estate Fundo DE Inv Imob's highest ROA % was 25.60%. The lowest was -0.83%. And the median was 5.67%.

BSP:RBRX11's ROA % is ranked better than
94.69% of 923 companies
in the REITs industry
Industry Median: 2.45 vs BSP:RBRX11: 14.45

Rbr Alpha Multiestrategia Real Estate Fundo DE Inv Imob ROA % Historical Data

The historical data trend for Rbr Alpha Multiestrategia Real Estate Fundo DE Inv Imob'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.

* Premium members only.

Rbr Alpha Multiestrategia Real Estate Fundo DE Inv Imob ROA % Chart

Rbr Alpha Multiestrategia Real Estate Fundo DE Inv Imob Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial 25.60 -0.83 1.38 2.33 14.45

Rbr Alpha Multiestrategia Real Estate Fundo DE Inv Imob Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA % Get a 7-Day Free Trial 25.60 -0.83 1.38 2.33 14.45

Competitive Comparison of Rbr Alpha Multiestrategia Real Estate Fundo DE Inv Imob's ROA %

For the REIT - Diversified subindustry, Rbr Alpha Multiestrategia Real Estate Fundo DE Inv Imob'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.


Rbr Alpha Multiestrategia Real Estate Fundo DE Inv Imob's ROA % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Rbr Alpha Multiestrategia Real Estate Fundo DE Inv Imob's ROA % distribution charts can be found below:

* The bar in red indicates where Rbr Alpha Multiestrategia Real Estate Fundo DE Inv Imob's ROA % falls into.



Rbr Alpha Multiestrategia Real Estate Fundo DE Inv Imob ROA % Calculation

Rbr Alpha Multiestrategia Real Estate Fundo DE Inv Imob's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=169.66/( (1139.563+1208.898)/ 2 )
=169.66/1174.2305
=14.45 %

Rbr Alpha Multiestrategia Real Estate Fundo DE Inv Imob's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=169.66/( (1139.563+1208.898)/ 2 )
=169.66/1174.2305
=14.45 %

* 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. 2023) net income data. ROA % is displayed in the 30-year financial page.


Rbr Alpha Multiestrategia Real Estate Fundo DE Inv Imob  (BSP:RBRX11) 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. 2023 )
=Net Income/Total Assets
=169.66/1174.2305
=(Net Income / Revenue)*(Revenue / Total Assets)
=(169.66 / 95.8)*(95.8 / 1174.2305)
=Net Margin %*Asset Turnover
=177.1 %*0.0816
=14.45 %

Note: The Net Income data used here is one times the annual (Dec. 2023) net income data. The Revenue data used here is one times the annual (Dec. 2023) 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.


Rbr Alpha Multiestrategia Real Estate Fundo DE Inv Imob ROA % Related Terms

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Rbr Alpha Multiestrategia Real Estate Fundo DE Inv Imob Business Description

Traded in Other Exchanges
Address
R Praia De Botafogo, 501 - 5 Andar, Rio de Janeiro, BRA, 22250040
Rbr Alpha Multiestrategia Real Estate Fundo DE Inv Imob, formerly RBR Alpha Fundo de Fundos Fundo de Investimento Imobiliario is a real estate investment trust engaged in real estate sector.

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