Fundo DE Investimento Imobiliario Hectare CE (BSP:HCTR11) ROC %: -1,577.19% (As of Dec. 2024)


BSP:HCTR11 Fundo DE Investimento Imobiliario Hectare CE BSP:HCTR11
57 GF Score
Price R$16.22
GF Value R$29.68
Valuation Significantly Undervalued
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What is Fundo DE Investimento Imobiliario Hectare CE ROC %?

Fundo DE Investimento Imobiliario Hectare CE BSP:HCTR11 +1.31% 57 ROC % is -1,577.19% as of Dec. 2024. GuruFocus rates BSP:HCTR11 with a GF Score™ of 57/100 and a GF Value™ of R$29.68 (Significantly Undervalued).

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 DE Investimento Imobiliario Hectare CE's annualized return on capital (ROC %) for the quarter that ended in Dec. 2024 was -1,577.19%.

As of today (2026-06-27), Fundo DE Investimento Imobiliario Hectare CE's WACC % is 8.13%. Fundo DE Investimento Imobiliario Hectare CE's ROC % is -1577.19% (calculated using TTM income statement data). Fundo DE Investimento Imobiliario Hectare CE earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Fundo DE Investimento Imobiliario Hectare CE  (BSP:HCTR11) 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 DE Investimento Imobiliario Hectare CE's WACC % is 8.13%. Fundo DE Investimento Imobiliario Hectare CE's ROC % is -1577.19% (calculated using TTM income statement data). Fundo DE Investimento Imobiliario Hectare CE 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 DE Investimento Imobiliario Hectare CE ROC % Related Terms

Fundo DE Investimento Imobiliario Hectare CE ROC % Historical Data

* Premium members only.

The historical data trend for Fundo DE Investimento Imobiliario Hectare CE'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 DE Investimento Imobiliario Hectare CE ROC % Chart

Fundo DE Investimento Imobiliario Hectare CE Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROC %
Get a 7-Day Free Trial 9.04 27.67 21.22 15.36 -1,577.19

Fundo DE Investimento Imobiliario Hectare CE Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROC % Get a 7-Day Free Trial 9.04 27.67 21.22 15.36 -1,577.19
BSP:HCTR11
57GF Score
Fundo DE Investimento Imobiliario Hectare CE BSP:HCTR11
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fundo DE Investimento Imobiliario Hectare CE ROC % Calculation

Fundo DE Investimento Imobiliario Hectare CE's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2024 is calculated as:

ROC % (A: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2023 ) + Invested Capital (A: Dec. 2024 ))/ count )
=-258.824 * ( 1 - 0% )/( (25.718 + 7.1029999999996)/ 2 )
=-258.824/16.4105
=-1,577.19 %

where

Invested Capital(A: Dec. 2023 )
=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))
=2571.95 - 0.775 - ( 2545.457 - max(0, 0.775 - 2571.95+2545.457))
=25.718

Invested Capital(A: Dec. 2024 )
=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))
=2221.401 - 0.554 - ( 2213.744 - max(0, 0.554 - 2221.401+2213.744))
=7.1029999999996

Fundo DE Investimento Imobiliario Hectare CE's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=-258.824 * ( 1 - 0% )/( (25.718 + 7.1029999999996)/ 2 )
=-258.824/16.4105
=-1,577.19 %

where

Invested Capital(Q: Dec. 2023 )
=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))
=2571.95 - 0.775 - ( 2545.457 - max(0, 0.775 - 2571.95+2545.457))
=25.718

Invested Capital(Q: Dec. 2024 )
=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))
=2221.401 - 0.554 - ( 2213.744 - max(0, 0.554 - 2221.401+2213.744))
=7.1029999999996

Note: The Operating Income data used here is one times the annual (Dec. 2024) 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 -1,577.19% mean?
Fundo DE Investimento Imobiliario Hectare CE (BSP:HCTR11) has a ROC % of -1,577.19% as of Dec. 2024. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Fundo DE Investimento Imobiliario Hectare CE and its competitors.
Is Fundo DE Investimento Imobiliario Hectare CE's ROC % too high?
Fundo DE Investimento Imobiliario Hectare CE's current ROC % is -1,577.19%. Overall, Fundo DE Investimento Imobiliario Hectare CE has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fundo DE Investimento Imobiliario Hectare CE's ROC % compare to BLK and BX?
Fundo DE Investimento Imobiliario Hectare CE's ROC % of -1,577.19% can be compared against companies in the Asset Management industry. The industry median ROC % is 1.21. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for an Asset Management company?
The median ROC % among Asset Management companies is 1.21, based on 709 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 DE Investimento Imobiliario Hectare CE and its competitors. For the Asset Management industry, the median ROC % is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundo DE Investimento Imobiliario Hectare CE's current ROC % is -1,577.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo DE Investimento Imobiliario Hectare CE stock overvalued right now?
Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario Hectare CE (BSP:HCTR11) is currently considered Significantly Undervalued. The stock's GF Value™ is R$29.68, compared to a current price of R$16.22 — trading 45.4% below its estimated fair value. The current ROC % is -1,577.19%. Fundo DE Investimento Imobiliario Hectare CE's overall GF Score™ is 57/100. 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 DE Investimento Imobiliario Hectare CE (BSP:HCTR11), the current ROC % is -1,577.19% as of Dec. 2024. 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 DE Investimento Imobiliario Hectare CE (BSP:HCTR11) Overvalued in 2026?

Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario Hectare CE stock appears to be undervalued. The current stock price of R$16.22 is trading 45.4% below its estimated GF Value™ of R$29.68. GuruFocus considers Fundo DE Investimento Imobiliario Hectare CE to be Significantly Undervalued.

Key valuation signals for BSP:HCTR11:

  • ROC %: -1,577.19%
  • GF Value™: R$29.68 vs. price of R$16.22 (45.4% below fair value)
  • GF Score™: 57/100

No single metric tells the full story. See the BSP:HCTR11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fundo DE Investimento Imobiliario Hectare CE Business Description

Address Rua Fidencio Ramos, 195, cj. 71, Sau Paulo, SP, BRA
Fundo DE Investimento Imobiliario Hectare CE develops and invests in solutions for alternative investments. It designs investment structures to real estate projects in all development stages. It also offers advisory services which focus on financial solutions to real estate project development in Brazil.
57GF Score

Get the complete analysis for BSP:HCTR11

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

R$16.22
Price
R$29.68
GF Value