Fundo Invest Imobiliario Bm Cenesp FII (BSP:CNES11) ROC %: 0.00% (As of . 20)


What is Fundo Invest Imobiliario Bm Cenesp FII ROC %?

Fundo Invest Imobiliario Bm Cenesp FII BSP:CNES11 -0.71% ROC % is 0.00% as of . 20.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Fundo Invest Imobiliario Bm Cenesp FII's annualized return on capital (ROC %) for the quarter that ended in . 20 was 0.00%.

As of today (2026-06-26), Fundo Invest Imobiliario Bm Cenesp FII's WACC % is 0.00%. Fundo Invest Imobiliario Bm Cenesp FII's ROC % is 0.00% (calculated using TTM income statement data). Fundo Invest Imobiliario Bm Cenesp FII earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Fundo Invest Imobiliario Bm Cenesp FII  (BSP:CNES11) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Fundo Invest Imobiliario Bm Cenesp FII's WACC % is 0.00%. Fundo Invest Imobiliario Bm Cenesp FII's ROC % is 0.00% (calculated using TTM income statement data). Fundo Invest Imobiliario Bm Cenesp FII earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of 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.

Fundo Invest Imobiliario Bm Cenesp FII ROC % Related Terms

Fundo Invest Imobiliario Bm Cenesp FII ROC % Historical Data

* Premium members only.

The historical data trend for Fundo Invest Imobiliario Bm Cenesp FII's ROC % 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 Invest Imobiliario Bm Cenesp FII ROC % Chart

Fundo Invest Imobiliario Bm Cenesp FII Annual Data
Trend
ROC %

Fundo Invest Imobiliario Bm Cenesp FII Quarterly Data
ROC %

Fundo Invest Imobiliario Bm Cenesp FII ROC % Calculation

Fundo Invest Imobiliario Bm Cenesp FII's annualized Return on Capital (ROC %) for the fiscal year that ended in . 20 is calculated as:

ROC % (A: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: . 20 ) + Invested Capital (A: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Invested Capital(A: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Invested Capital(A: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Fundo Invest Imobiliario Bm Cenesp FII's annualized Return on Capital (ROC %) for the quarter that ended in . 20 is calculated as:

ROC % (Q: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: . 20 ) + Invested Capital (Q: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Invested Capital(Q: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Invested Capital(Q: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Note: The Operating Income data used here is four times the quarterly (. 20) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 0.00% mean?
Fundo Invest Imobiliario Bm Cenesp FII (BSP:CNES11) has a ROC % of 0.00% as of . 20. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Fundo Invest Imobiliario Bm Cenesp FII and its competitors.
Is Fundo Invest Imobiliario Bm Cenesp FII's ROC % too high?
Fundo Invest Imobiliario Bm Cenesp FII's current ROC % is 0.00%.
How does Fundo Invest Imobiliario Bm Cenesp FII's ROC % compare to PCFO and ORM?
Fundo Invest Imobiliario Bm Cenesp FII's ROC % of 0.00% can be compared against companies in the REITs industry. The industry median ROC % is 3.74. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a REITs company?
The median ROC % among REITs companies is 3.74, based on 749 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % 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 ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Fundo Invest Imobiliario Bm Cenesp FII and its competitors. For the REITs industry, the median ROC % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundo Invest Imobiliario Bm Cenesp FII's current ROC % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo Invest Imobiliario Bm Cenesp FII stock overvalued right now?
Fundo Invest Imobiliario Bm Cenesp FII (BSP:CNES11) has a current ROC % of 0.00%. The current ROC % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Fundo Invest Imobiliario Bm Cenesp FII (BSP:CNES11), the current ROC % is 0.00% as of . 20. 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 Invest Imobiliario Bm Cenesp FII Business Description

Industry Real EstateREITs
Address Praia de Botafogo, 501, 6th Floor, Botafogo, Rio de Janeiro, RJ, BRA, 22250040
Fundo Invest Imobiliario Bm Cenesp FII is a closed-end fund. The fund's objective is to invest in real estate ventures through the acquisition of the following assets: commercial properties, completed or under construction, or other types of properties where commercial ventures may be developed, rights relating to properties, for the purpose of sale, typical or atypical built-to-suit lease, rental or exploitation of surface rights of commercial units, and may also assign to third parties the rights and credits arising from the sale, lease, rental and surface rights of these units, in addition to other assets listed in the Fund's regulations.