Gazit Malls Fundo De Investimento Imobiliario (BSP:GZIT11) ROE %: 4.67% (As of Dec. 2025) — 116% Above Median

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BSP:GZIT11 Gazit Malls Fundo De Investimento Imobiliario BSP:GZIT11
19 GF Score
Price R$43.34
! 7 Warning Signs
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What is Gazit Malls Fundo De Investimento Imobiliario ROE %?

Gazit Malls Fundo De Investimento Imobiliario BSP:GZIT11 +0.09% 19 ROE % is 4.67% as of Dec. 2025, which is 116% above its 10-year median of 2.16. GuruFocus rates BSP:GZIT11 with a GF Score™ of 19/100. The stock has 7 warning signs investors should review. Among 929 REITs companies, Gazit Malls Fundo De Investimento Imobiliario ranks worse than 60.93% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Gazit Malls Fundo De Investimento Imobiliario's annualized net income for the quarter that ended in Dec. 2025 was R$92.8 Mil. Gazit Malls Fundo De Investimento Imobiliario's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was R$1,988.1 Mil. Therefore, Gazit Malls Fundo De Investimento Imobiliario's annualized ROE % for the quarter that ended in Dec. 2025 was 4.67%.

The historical rank and industry rank for Gazit Malls Fundo De Investimento Imobiliario's ROE % or its related term are showing as below:

BSP:GZIT11' s ROE % Range Over the Past 10 Years
Min: -5.51   Med: 2.16   Max: 11.61
Current: 4.67

During the past 6 years, Gazit Malls Fundo De Investimento Imobiliario's highest ROE % was 11.61%. The lowest was -5.51%. And the median was 2.16%.

BSP:GZIT11's ROE % is ranked worse than
60.93% of 929 companies
in the REITs industry
Industry Median: 6.13 vs BSP:GZIT11: 4.67

Gazit Malls Fundo De Investimento Imobiliario  (BSP:GZIT11) 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
=92.836/1988.069
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(92.836 / 161.912)*(161.912 / 2801.914)*(2801.914 / 1988.069)
=Net Margin %*Asset Turnover*Equity Multiplier
=57.34 %*0.0578*1.4094
=ROA %*Equity Multiplier
=3.31 %*1.4094
=4.67 %

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
=92.836/1988.069
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (92.836 / 92.836) * (92.836 / 88.22) * (88.22 / 161.912) * (161.912 / 2801.914) * (2801.914 / 1988.069)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.0523 * 54.49 % * 0.0578 * 1.4094
=4.67 %

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


Gazit Malls Fundo De Investimento Imobiliario ROE % Related Terms


Gazit Malls Fundo De Investimento Imobiliario ROE % Historical Data

* Premium members only.

The historical data trend for Gazit Malls Fundo De Investimento Imobiliario'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.

Gazit Malls Fundo De Investimento Imobiliario ROE % Chart

Gazit Malls Fundo De Investimento Imobiliario Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial -4.16 -5.51 11.61 0.16 4.67

Gazit Malls Fundo De Investimento Imobiliario Semi-Annual Data
Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Get a 7-Day Free Trial -4.16 -5.51 11.61 0.16 4.67

BSP:GZIT11 vs EQIX, AMT, DLR: ROE % Comparison

For the REIT - Specialty subindustry, Gazit Malls Fundo De Investimento Imobiliario'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.


Gazit Malls Fundo De Investimento Imobiliario ROE % vs REITs Industry

For the REITs industry and Real Estate sector, Gazit Malls Fundo De Investimento Imobiliario's ROE % distribution charts can be found below:

* The bar in red indicates where Gazit Malls Fundo De Investimento Imobiliario's ROE % falls into.


BSP:GZIT11
19GF Score
Gazit Malls Fundo De Investimento Imobiliario BSP:GZIT11
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Gazit Malls Fundo De Investimento Imobiliario ROE % Calculation

Gazit Malls Fundo De Investimento Imobiliario'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 )
=92.836/( (1998.131+1978.007)/ 2 )
=92.836/1988.069
=4.67 %

Gazit Malls Fundo De Investimento Imobiliario'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 )
=92.836/( (1998.131+1978.007)/ 2 )
=92.836/1988.069
=4.67 %

* 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 (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 4.67% mean?
Gazit Malls Fundo De Investimento Imobiliario (BSP:GZIT11) has a ROE % of 4.67% 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 Gazit Malls Fundo De Investimento Imobiliario and its competitors. This is 116% above median its historical median of 2.16. According to the industry distribution chart, Gazit Malls Fundo De Investimento Imobiliario ranks #566 out of 929 companies in the REITs industry, placing it in the top 60.9%.
Is Gazit Malls Fundo De Investimento Imobiliario's ROE % too high?
Gazit Malls Fundo De Investimento Imobiliario's current ROE % of 4.67% is 116% above median its 10-year median of 2.16. The REITs industry median ROE % is 6.13. Gazit Malls Fundo De Investimento Imobiliario's value of 4.67% is 23.8% below this industry median. Based on the distribution chart, Gazit Malls Fundo De Investimento Imobiliario ranks #566 out of 929 companies in the REITs industry, which is below the industry midpoint. Overall, Gazit Malls Fundo De Investimento Imobiliario has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Gazit Malls Fundo De Investimento Imobiliario's ROE % compare to EQIX and AMT?
According to the REITs industry distribution chart, Gazit Malls Fundo De Investimento Imobiliario ranks #566 out of 929 companies for ROE %. This places Gazit Malls Fundo De Investimento Imobiliario in the lower half of its industry. The industry median ROE % is 6.13. Gazit Malls Fundo De Investimento Imobiliario's value of 4.67% is 23.8% below this benchmark. While the company's 10-year median is 2.16 vs. the industry median of 6.13, Gazit Malls Fundo De Investimento Imobiliario has consistently been below 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 6.13, based on 929 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. Gazit Malls Fundo De Investimento Imobiliario's current ROE % of 4.67% is 23.8% below 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 Gazit Malls Fundo De Investimento Imobiliario 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. Gazit Malls Fundo De Investimento Imobiliario's current ROE % is 4.67%, which is 116% above median its own 10-year median of 2.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gazit Malls Fundo De Investimento Imobiliario stock overvalued right now?
Gazit Malls Fundo De Investimento Imobiliario (BSP:GZIT11) has a current ROE % of 4.67%. The current ROE % is 4.67%, which is 116% above median its 10-year median of 2.16 and 23.8% below the REITs industry median of 6.13. Gazit Malls Fundo De Investimento Imobiliario's overall GF Score™ is 19/100 with 7 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 Gazit Malls Fundo De Investimento Imobiliario (BSP:GZIT11), the current ROE % is 4.67% 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.

Gazit Malls Fundo De Investimento Imobiliario Business Description

Industry Real EstateREITs
Address Praia de Botafogo, 501, 6th Floor- Botafogo, Rio de Janeiro, RJ, BRA
Gazit Malls Fundo De Investimento Imobiliario operates as a real estate investment trust.
19GF Score

Get the complete analysis for BSP:GZIT11

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

R$43.34
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