Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade (BSP:SMRE11) ROA %: 15.62% (As of Jun. 2025) — Near Median

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BSP:SMRE11 Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade Ltd BSP:SMRE11
7 GF Score
Price R$56.09
! 2 Warning Signs
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What is Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade ROA %?

Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade BSP:SMRE11 +1.85% 7 ROA % is 15.62% as of Jun. 2025, which is at its 10-year median of 15.62. GuruFocus rates BSP:SMRE11 with a GF Score™ of 7/100. The stock has 2 warning signs investors should review. Among 933 REITs companies, Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade ranks better than 94.96% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade's annualized Net Income for the quarter that ended in Jun. 2025 was R$11.73 Mil. Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade's average Total Assets over the quarter that ended in Jun. 2025 was R$75.11 Mil. Therefore, Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade's annualized ROA % for the quarter that ended in Jun. 2025 was 15.62%.

The historical rank and industry rank for Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade's ROA % or its related term are showing as below:

BSP:SMRE11' s ROA % Range Over the Past 10 Years
Min: 15.62   Med: 15.62   Max: 15.62
Current: 15.62

During the past 2 years, Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade's highest ROA % was 15.62%. The lowest was 15.62%. And the median was 15.62%.

BSP:SMRE11's ROA % is ranked better than
94.96% of 933 companies
in the REITs industry
Industry Median: 3.21 vs BSP:SMRE11: 15.62

Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade  (BSP:SMRE11) 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: Jun. 2025 )
=Net Income/Total Assets
=11.734/75.1145
=(Net Income / Revenue)*(Revenue / Total Assets)
=(11.734 / 13.122)*(13.122 / 75.1145)
=Net Margin %*Asset Turnover
=89.42 %*0.1747
=15.62 %

Note: The Net Income data used here is one times the annual (Jun. 2025) net income data. The Revenue data used here is one times the annual (Jun. 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 Invest Imobiliario Smart Real Estate Fii Responsabilidade ROA % Related Terms


Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade ROA % Historical Data

* Premium members only.

The historical data trend for Fundo De Invest Imobiliario Smart Real Estate Fii 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.

Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade ROA % Chart

Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade Annual Data
Trend Jun24 Jun25
ROA %
0.00 15.62

Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade Semi-Annual Data
Jun24 Jun25
ROA % 0.00 15.62

BSP:SMRE11 vs VICI, WPC: ROA % Comparison

For the REIT - Diversified subindustry, Fundo De Invest Imobiliario Smart Real Estate Fii 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.


Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade ROA % vs REITs Industry

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

* The bar in red indicates where Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade's ROA % falls into.


BSP:SMRE11
7GF Score
Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade Ltd BSP:SMRE11
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade ROA % Calculation

Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade's annualized ROA % for the fiscal year that ended in Jun. 2025 is calculated as:

ROA %=Net Income (A: Jun. 2025 )/( (Total Assets (A: Jun. 2024 )+Total Assets (A: Jun. 2025 ))/ count )
=11.734/( (44.287+105.942)/ 2 )
=11.734/75.1145
=15.62 %

Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade's annualized ROA % for the quarter that ended in Jun. 2025 is calculated as:

ROA %=Net Income (Q: Jun. 2025 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Jun. 2025 ))/ count )
=11.734/( (44.287+105.942)/ 2 )
=11.734/75.1145
=15.62 %

* 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 (Jun. 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 15.62% mean?
Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade (BSP:SMRE11) has a ROA % of 15.62% as of Jun. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade and its competitors. This is near median its historical median of 15.62. Over the past decade, Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade's ROA % has ranged from 15.62 to 15.62. According to the industry distribution chart, Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade ranks #47 out of 933 companies in the REITs industry, placing it in the top 5%.
Is Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade's ROA % too high?
Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade's current ROA % of 15.62% is near median its 10-year median of 15.62. Over the past 10 years, this metric has ranged from a low of 15.62 to a high of 15.62. The REITs industry median ROA % is 3.21. Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade's value of 15.62% is 386.6% above this industry median. Based on the distribution chart, Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade ranks #47 out of 933 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade's ROA % compare to VICI and WPC?
According to the REITs industry distribution chart, Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade ranks #47 out of 933 companies for ROA %. This places Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade in the top 5% of its industry — outperforming the majority of peers. The industry median ROA % is 3.21. Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade's value of 15.62% is 386.6% above this benchmark. Historically, Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade's own ROA % has ranged from 15.62 to 15.62 over the past decade. While the company's 10-year median is 15.62 vs. the industry median of 3.21, Fundo De Invest Imobiliario Smart Real Estate Fii 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 3.21, 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. Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade's current ROA % of 15.62% is 386.6% 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 Invest Imobiliario Smart Real Estate Fii Responsabilidade 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 Invest Imobiliario Smart Real Estate Fii Responsabilidade's current ROA % is 15.62%, which is near median its own 10-year median of 15.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade stock overvalued right now?
Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade (BSP:SMRE11) has a current ROA % of 15.62%. The current ROA % is 15.62%, which is near median its 10-year median of 15.62 and 386.6% above the REITs industry median of 3.21. Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade's overall GF Score™ is 7/100 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 Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade (BSP:SMRE11), the current ROA % is 15.62% as of Jun. 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.

Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade Business Description

Industry Real EstateREITs
Address Av. Brigadeiro Faria Lima, No. 3900, 10th floor, Itaim Bibi, Sao Paulo, SP, BRA, CEP: 4538132
Fundo De Invest Imobiliario Smart Real Estate Fii Responsabilidade Ltd is real estate investment trust fund whose investment objective is to provide shareholders with the appreciation and profitability of their shares, through investment predominantly in the exploration of real estate projects whose entrepreneur, developer, builder, or land subdivision is the Smart Consultoria Imobiliaria Ltda.
7GF Score

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