Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda (BSP:AZPL11) ROE %: 0.00% (As of Dec. 2025)


BSP:AZPL11 Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda BSP:AZPL11
7 GF Score
Price R$7.42
! 1 Warning Sign
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What is Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda ROE %?

Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda BSP:AZPL11 +0.13% 7 ROE % is 0.00% as of Dec. 2025. GuruFocus rates BSP:AZPL11 with a GF Score™ of 7/100. The stock has 1 warning sign investors should review. Among 938 REITs companies, Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda ranks worse than 60.77% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's annualized net income for the quarter that ended in Dec. 2025 was R$0.00 Mil. Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was R$268.83 Mil. Therefore, Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's annualized ROE % for the quarter that ended in Dec. 2025 was 0.00%.

The historical rank and industry rank for Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's ROE % or its related term are showing as below:

BSP:AZPL11' s ROE % Range Over the Past 10 Years
Min: 4.76   Med: 11.52   Max: 11.52
Current: 4.76

During the past 2 years, Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's highest ROE % was 11.52%. The lowest was 4.76%. And the median was 11.52%.

BSP:AZPL11's ROE % is ranked worse than
60.77% of 938 companies
in the REITs industry
Industry Median: 6.13 vs BSP:AZPL11: 4.76

Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda  (BSP:AZPL11) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=0/268.829
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(0 / 0)*(0 / 294.3095)*(294.3095 / 268.829)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.0948
=ROA %*Equity Multiplier
=N/A %*1.0948
=0.00 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=0/268.829
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (0 / 0) * (0 / 0) * (0 / 294.3095) * (294.3095 / 268.829)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= N/A * N/A % * 0 * 1.0948
=0.00 %

Note: The net income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda ROE % Related Terms


Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda ROE % Historical Data

* Premium members only.

The historical data trend for Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's ROE % 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.

Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda ROE % Chart

Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda Annual Data
Trend Dec24 Dec25
ROE %
0.00 11.52

Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda Semi-Annual Data
Dec24 Dec25
ROE % 14.40 0.00

BSP:AZPL11 vs PLD, PSA, EXR: ROE % Comparison

For the REIT - Industrial subindustry, Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda ROE % vs REITs Industry

For the REITs industry and Real Estate sector, Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's ROE % distribution charts can be found below:

* The bar in red indicates where Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's ROE % falls into.


BSP:AZPL11
7GF Score
Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda BSP:AZPL11
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda ROE % Calculation

Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=30.973/( (177.799+359.859)/ 2 )
=30.973/268.829
=11.52 %

Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Dec. 2024 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=0/( (177.799+359.859)/ 2 )
=0/268.829
=0.00 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 0.00% mean?
Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda (BSP:AZPL11) has a ROE % of 0.00% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda and its competitors. Over the past decade, Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's ROE % has ranged from 4.76 to 11.52. According to the industry distribution chart, Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda ranks #570 out of 938 companies in the REITs industry, placing it in the top 60.8%.
Is Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's ROE % too high?
Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's current ROE % is 0.00%. Over the past 10 years, this metric has ranged from a low of 4.76 to a high of 11.52. Based on the distribution chart, Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda ranks #570 out of 938 companies in the REITs industry, which is below the industry midpoint. Overall, Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda has a GF Score™ of 7/100, reflecting its overall financial health beyond just this single metric.
How does Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's ROE % compare to PLD and PSA?
According to the REITs industry distribution chart, Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda ranks #570 out of 938 companies for ROE %. This places Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda in the lower half of its industry. The industry median ROE % is 6.13. Historically, Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's own ROE % has ranged from 4.76 to 11.52 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a REITs company?
The median ROE % among REITs companies is 6.13, based on 938 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda and its competitors. For the REITs industry, the median ROE % is 6.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's current ROE % 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 Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda stock overvalued right now?
Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda (BSP:AZPL11) has a current ROE % of 0.00%. The current ROE % is 0.00%. Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda's overall GF Score™ is 7/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda (BSP:AZPL11), the current ROE % is 0.00% 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.

Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda Business Description

Industry Real EstateREITs
Address 1793, Bela Vista, Sao Paulo, SP, BRA, 01311200
Az Quest Panorama Logistica Fundo De Investimento Imobiliario Renda is a real estate investment fund. It invests in performing logistics warehouses leased to tenants with good credit quality. Its Portfolio is composed of (i) assets located close (up to 40km) to the main urban centers of the country and (ii) assets that may be outside the 40km radius, but that have an atypical long-term lease agreement.
7GF Score

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

R$7.42
Price