Fundo Investimento Imobiliario TG Ativo Real (BSP:TGAR11) ROC %: 0.00% (As of . 20)

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BSP:TGAR11 Fundo Investimento Imobiliario TG Ativo Real BSP:TGAR11
12 GF Score
Price R$51.39
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What is Fundo Investimento Imobiliario TG Ativo Real ROC %?

Fundo Investimento Imobiliario TG Ativo Real BSP:TGAR11 +1.94% 12 ROC % is 0.00% as of . 20. GuruFocus rates BSP:TGAR11 with a GF Score™ of 12/100.

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 TG Ativo Real's annualized return on capital (ROC %) for the quarter that ended in . 20 was 0.00%.

As of today (2026-07-17), Fundo Investimento Imobiliario TG Ativo Real's WACC % is 6.82%. Fundo Investimento Imobiliario TG Ativo Real's ROC % is 0.00% (calculated using TTM income statement data). Fundo Investimento Imobiliario TG Ativo Real earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Fundo Investimento Imobiliario TG Ativo Real  (BSP:TGAR11) 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 Investimento Imobiliario TG Ativo Real's WACC % is 6.82%. Fundo Investimento Imobiliario TG Ativo Real's ROC % is 0.00% (calculated using TTM income statement data). Fundo Investimento Imobiliario TG Ativo Real 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 Investimento Imobiliario TG Ativo Real ROC % Related Terms

Fundo Investimento Imobiliario TG Ativo Real ROC % Historical Data

* Premium members only.

The historical data trend for Fundo Investimento Imobiliario TG Ativo Real'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 Investimento Imobiliario TG Ativo Real ROC % Chart

Fundo Investimento Imobiliario TG Ativo Real Annual Data
Trend
ROC %

Fundo Investimento Imobiliario TG Ativo Real Semi-Annual Data
ROC %
BSP:TGAR11
12GF Score
Fundo Investimento Imobiliario TG Ativo Real BSP:TGAR11
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fundo Investimento Imobiliario TG Ativo Real ROC % Calculation

Fundo Investimento Imobiliario TG Ativo Real'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 Investimento Imobiliario TG Ativo Real'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 one times the annual (. 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 Investimento Imobiliario TG Ativo Real (BSP:TGAR11) 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 Investimento Imobiliario TG Ativo Real and its competitors.
Is Fundo Investimento Imobiliario TG Ativo Real's ROC % too high?
Fundo Investimento Imobiliario TG Ativo Real's current ROC % is 0.00%. Overall, Fundo Investimento Imobiliario TG Ativo Real has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Fundo Investimento Imobiliario TG Ativo Real's ROC % compare to VICI and WPC?
Fundo Investimento Imobiliario TG Ativo Real's ROC % of 0.00% can be compared against companies in the REITs industry. The industry median ROC % is 3.76. 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 3.76, based on 741 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 Investimento Imobiliario TG Ativo Real and its competitors. For the REITs industry, the median ROC % is 3.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundo Investimento Imobiliario TG Ativo Real'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 Investimento Imobiliario TG Ativo Real stock overvalued right now?
Fundo Investimento Imobiliario TG Ativo Real (BSP:TGAR11) has a current ROC % of 0.00%. The current ROC % is 0.00%. Fundo Investimento Imobiliario TG Ativo Real's overall GF Score™ is 12/100. 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 Investimento Imobiliario TG Ativo Real (BSP:TGAR11), 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 Investimento Imobiliario TG Ativo Real Business Description

Industry Real EstateREITs
Address Rua Gilberto Sabino, 215, Conjunto 41, Sala 2, Pinheiros, Sao Paulo, BRA, 5425020
Fundo Investimento Imobiliario TG Ativo Real, formely TG Ativo Real Fundo de Investimento Imobiliario is a real estate investment trust engaged in the real estate sector.
12GF Score

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

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