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 Investimento Imobiliario SC 401's annualized return on capital (ROC %) for the quarter that ended in Dec. 2025 was 4.95%.
As of today (2026-06-24), Fundo Investimento Imobiliario SC 401's WACC % is 1.02%. Fundo Investimento Imobiliario SC 401's ROC % is 4.95% (calculated using TTM income statement data).
Fundo Investimento Imobiliario SC 401 generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.
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 Investimento Imobiliario SC 401's WACC % is 1.02%. Fundo Investimento Imobiliario SC 401's ROC % is 4.95% (calculated using TTM income statement data).
Fundo Investimento Imobiliario SC 401 generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.
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 Investimento Imobiliario SC 401 ROC % Related Terms
Fundo Investimento Imobiliario SC 401 ROC % Historical 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.
Note:
The Operating Income data used here is one times the annual (Dec. 2025) 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.
Fundo Investimento Imobiliario SC 401 (BSP:FISC11) has a ROC % of 4.95% as of Dec. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Fundo Investimento Imobiliario SC 401 and its competitors.
Is Fundo Investimento Imobiliario SC 401's ROC % too high?
Fundo Investimento Imobiliario SC 401's current ROC % is 4.95%. The REITs industry median ROC % is 3.74. Fundo Investimento Imobiliario SC 401's value of 4.95% is 32.4% above this industry median. Overall, Fundo Investimento Imobiliario SC 401 has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fundo Investimento Imobiliario SC 401's ROC % compare to VICI and WPC?
Fundo Investimento Imobiliario SC 401's ROC % of 4.95% can be compared against companies in the REITs industry. The industry median ROC % is 3.74. Fundo Investimento Imobiliario SC 401's value of 4.95% is 32.4% above this benchmark. 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 750 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. Fundo Investimento Imobiliario SC 401's current ROC % of 4.95% is 32.4% 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 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 Investimento Imobiliario SC 401 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 Investimento Imobiliario SC 401's current ROC % is 4.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo Investimento Imobiliario SC 401 stock overvalued right now?
Based on GuruFocus' analysis, Fundo Investimento Imobiliario SC 401 (BSP:FISC11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$95.51, compared to a current price of R$68.25 — trading 28.5% below its estimated fair value. The current ROC % is 4.95% and 32.4% above the REITs industry median of 3.74. Fundo Investimento Imobiliario SC 401's overall GF Score™ is 71/100 with 2 warning signs to review. 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 Investimento Imobiliario SC 401 (BSP:FISC11), the current ROC % is 4.95% 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 Fundo Investimento Imobiliario SC 401 (BSP:FISC11) Overvalued in 2026?
Based on GuruFocus' analysis, Fundo Investimento Imobiliario SC 401 stock appears to be undervalued.
The current stock price of R$68.25 is trading 28.5% below its estimated GF Value™ of R$95.51.
GuruFocus considers Fundo Investimento Imobiliario SC 401 to be Modestly Undervalued.
Key valuation signals for BSP:FISC11:
ROC %: 4.95%
GF Value™: R$95.51 vs. price of R$68.25 (28.5% below fair value)
No single metric tells the full story. See the BSP:FISC11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fundo Investimento Imobiliario SC 401 Business Description
Fundo Investimento Imobiliario SC 401 is a structured fund operated by UNITS BR-CAPITAL. The fund owns stores and office complexes for the lease of Square SC, a multipurpose development located in Florianopolis/SC, and Mall W Tower, a mall located in Caxias do Sul/RS. The fund owns stores and corporate offices in Square SC, in addition to owning the rotating parking lot and owns stores in the Mall W Tower and the rotating parking in the Mall.
71GF Score
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