Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp (BSP:LMAI11) ROCE %: 5.36% (As of Dec. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:LMAI11 Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp Ltd BSP:LMAI11
70 GF Score
Price R$36.93
GF Value R$86.21
Valuation Significantly Undervalued
View Full Analysis

What is Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp ROCE %?

Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp BSP:LMAI11 +0.08% 70 ROCE % is 5.36% as of Dec. 2024. GuruFocus rates BSP:LMAI11 with a GF Score™ of 70/100 and a GF Value™ of R$86.21 (Significantly Undervalued).

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's annualized ROCE % for the quarter that ended in Dec. 2024 was 5.36%.

Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp  (BSP:LMAI11) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp ROCE % Related Terms

Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp ROCE % Historical Data

* Premium members only.

The historical data trend for Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's ROCE % 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.

Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp ROCE % Chart

Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.15 4.10 3.98 2.10 5.36

Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp Semi-Annual Data
Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.15 4.10 3.98 2.10 5.36
BSP:LMAI11
70GF Score
Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp Ltd BSP:LMAI11
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp ROCE % Calculation

Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=13.609/( ( (254.752 - 6.685) + (266.674 - 7.171) )/ 2 )
=13.609/( (248.067+259.503)/ 2 )
=13.609/253.785
=5.36 %

Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=13.609/( ( (254.752 - 6.685) + (266.674 - 7.171) )/ 2 )
=13.609/( ( 248.067 + 259.503 )/ 2 )
=13.609/253.785
=5.36 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2024) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 5.36% mean?
Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp (BSP:LMAI11) has a ROCE % of 5.36% as of Dec. 2024.
Is Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's ROCE % too high?
Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's current ROCE % is 5.36%. The REITs industry median ROCE % is 5.16. Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's value of 5.36% is 3.9% above this industry median. Overall, Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's ROCE % compare to VICI and WPC?
Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's ROCE % of 5.36% can be compared against companies in the REITs industry. The industry median ROCE % is 5.16. Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's value of 5.36% is 3.9% 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 ROCE % for a REITs company?
The median ROCE % among REITs companies is 5.16, based on 750 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's current ROCE % of 5.36% is 3.9% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median ROCE % is 5.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's current ROCE % is 5.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp stock overvalued right now?
Based on GuruFocus' analysis, Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp (BSP:LMAI11) is currently considered Significantly Undervalued. The stock's GF Value™ is R$86.21, compared to a current price of R$36.93 — trading 57.2% below its estimated fair value. The current ROCE % is 5.36% and 3.9% above the REITs industry median of 5.16. Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp's overall GF Score™ is 70/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp (BSP:LMAI11), the current ROCE % is 5.36% 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 Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp (BSP:LMAI11) Overvalued in 2026?

Based on GuruFocus' analysis, Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp stock appears to be undervalued. The current stock price of R$36.93 is trading 57.2% below its estimated GF Value™ of R$86.21. GuruFocus considers Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp to be Significantly Undervalued.

Key valuation signals for BSP:LMAI11:

  • ROCE %: 5.36%
  • GF Value™: R$86.21 vs. price of R$36.93 (57.2% below fair value)
  • GF Score™: 70/100
  • Industry Position: 3.9% above the REITs median

No single metric tells the full story. See the BSP:LMAI11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp Business Description

Industry Real EstateREITs
Address Av Faria Lima, 2277, 17th Floor, Vila Olimpia, Sao Paulo, SP, BRA, 01452000
Labina Multi Ativos Imobiliarios Fundo De Invest Imobiliario Resp Ltd is a real estate investment fund.
70GF Score

Get the complete analysis for BSP:LMAI11

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

R$36.93
Price
R$86.21
GF Value