Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica (BSP:BTAL11) ROE %: 11.16% (As of Jun. 2025) — 12% Below Median

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BSP:BTAL11 Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica BSP:BTAL11
60 GF Score
Price R$86.71
GF Value R$90.79
Valuation Fairly Valued
! 5 Warning Signs
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What is Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica ROE %?

Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica BSP:BTAL11 +0.36% 60 ROE % is 11.16% as of Jun. 2025, which is 12% below its 10-year median of 12.62. GuruFocus rates BSP:BTAL11 with a GF Score™ of 60/100 and a GF Value™ of R$90.79 (Fairly Valued). The stock has 5 warning signs investors should review. Among 935 REITs companies, Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica ranks better than 77.54% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's annualized net income for the quarter that ended in Jun. 2025 was R$75.32 Mil. Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's average Total Stockholders Equity over the quarter that ended in Jun. 2025 was R$674.97 Mil. Therefore, Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's annualized ROE % for the quarter that ended in Jun. 2025 was 11.16%.

The historical rank and industry rank for Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's ROE % or its related term are showing as below:

BSP:BTAL11' s ROE % Range Over the Past 10 Years
Min: 9.4   Med: 12.62   Max: 15.04
Current: 11.16

During the past 5 years, Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's highest ROE % was 15.04%. The lowest was 9.40%. And the median was 12.62%.

BSP:BTAL11's ROE % is ranked better than
77.54% of 935 companies
in the REITs industry
Industry Median: 6.12 vs BSP:BTAL11: 11.16

Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica  (BSP:BTAL11) 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: Jun. 2025 )
=Net Income/Total Stockholders Equity
=75.321/674.967
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(75.321 / 44.474)*(44.474 / 733.4565)*(733.4565 / 674.967)
=Net Margin %*Asset Turnover*Equity Multiplier
=169.36 %*0.0606*1.0867
=ROA %*Equity Multiplier
=10.26 %*1.0867
=11.16 %

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: Jun. 2025 )
=Net Income/Total Stockholders Equity
=75.321/674.967
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (75.321 / 75.321) * (75.321 / 38.654) * (38.654 / 44.474) * (44.474 / 733.4565) * (733.4565 / 674.967)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.9486 * 86.91 % * 0.0606 * 1.0867
=11.16 %

Note: The net income data used here is one times the annual (Jun. 2025) net income data. The Revenue data used here is one times the annual (Jun. 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.


Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica ROE % Related Terms


Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica ROE % Historical Data

* Premium members only.

The historical data trend for Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica'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.

Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica ROE % Chart

Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
ROE %
0.00 14.08 9.40 15.04 11.16

Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica Semi-Annual Data
Jun21 Jun22 Jun23 Jun24 Jun25
ROE % 0.00 14.08 9.40 15.04 11.16

BSP:BTAL11 vs PLD, PSA, EXR: ROE % Comparison

For the REIT - Industrial subindustry, Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica'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.


Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica ROE % vs REITs Industry

For the REITs industry and Real Estate sector, Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's ROE % distribution charts can be found below:

* The bar in red indicates where Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's ROE % falls into.


BSP:BTAL11
60GF Score
Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica BSP:BTAL11
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica ROE % Calculation

Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's annualized ROE % for the fiscal year that ended in Jun. 2025 is calculated as

ROE %=Net Income (A: Jun. 2025 )/( (Total Stockholders Equity (A: Jun. 2024 )+Total Stockholders Equity (A: Jun. 2025 ))/ count )
=75.321/( (668.542+681.392)/ 2 )
=75.321/674.967
=11.16 %

Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's annualized ROE % for the quarter that ended in Jun. 2025 is calculated as

ROE %=Net Income (Q: Jun. 2025 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Jun. 2025 ))/ count )
=75.321/( (668.542+681.392)/ 2 )
=75.321/674.967
=11.16 %

* 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 one times the annual (Jun. 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 11.16% mean?
Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica (BSP:BTAL11) has a ROE % of 11.16% as of Jun. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica and its competitors. This is 12% below median its historical median of 12.62. Over the past decade, Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's ROE % has ranged from 9.40 to 15.04. According to the industry distribution chart, Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica ranks #210 out of 935 companies in the REITs industry, placing it in the top 22.5%.
Is Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's ROE % too high?
Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's current ROE % of 11.16% is 12% below median its 10-year median of 12.62. Over the past 10 years, this metric has ranged from a low of 9.40 to a high of 15.04. The REITs industry median ROE % is 6.12. Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's value of 11.16% is 82.4% above this industry median. Based on the distribution chart, Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica ranks #210 out of 935 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's ROE % compare to PLD and PSA?
According to the REITs industry distribution chart, Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica ranks #210 out of 935 companies for ROE %. This places Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica in the top 23% of its industry — outperforming the majority of peers. The industry median ROE % is 6.12. Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's value of 11.16% is 82.4% above this benchmark. Historically, Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's own ROE % has ranged from 9.40 to 15.04 over the past decade. While the company's 10-year median is 12.62 vs. the industry median of 6.12, Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica has consistently been above the industry average. 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 6.12, based on 935 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. Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's current ROE % of 11.16% is 82.4% 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 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 Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica and its competitors. For the REITs industry, the median ROE % is 6.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's current ROE % is 11.16%, which is 12% below median its own 10-year median of 12.62. 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 BTG Pactual Agro Logistica stock overvalued right now?
Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica (BSP:BTAL11) is currently considered Fairly Valued. The stock's GF Value™ is R$90.79, compared to a current price of R$86.71 — trading 4.5% below its estimated fair value. The current ROE % is 11.16%, which is 12% below median its 10-year median of 12.62 and 82.4% above the REITs industry median of 6.12. Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica's overall GF Score™ is 60/100 with 5 warning signs 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 Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica (BSP:BTAL11), the current ROE % is 11.16% as of Jun. 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 DE Investimento Imobiliario BTG Pactual Agro Logistica (BSP:BTAL11) Overvalued in 2026?

Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica stock appears to be undervalued. The current stock price of R$86.71 is trading 4.5% below its estimated GF Value™ of R$90.79. GuruFocus considers Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica to be Fairly Valued.

Key valuation signals for BSP:BTAL11:

  • ROE %: 11.16% (12% below median its 10-year median of 12.62)
  • GF Value™: R$90.79 vs. price of R$86.71 (4.5% below fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 82.4% above the REITs median (#210 of 935)

No single metric tells the full story. See the BSP:BTAL11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica Business Description

Industry Real EstateREITs
Address Praia de Botafogo, 501, 5 Andar, Parte, Rio de Janeiro, RJ, BRA, 22250040
Fundo DE Investimento Imobiliario BTG Pactual Agro Logistica is a real estate investment trust engaged in the logistical and industrial segment.
60GF Score

Get the complete analysis for BSP:BTAL11

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

R$86.71
Price
R$90.79
GF Value