Fundo DE Investimento Imobiliario Hectare CE (BSP:HCTR11) ROE %: -10.80% (As of Dec. 2024)


BSP:HCTR11 Fundo DE Investimento Imobiliario Hectare CE BSP:HCTR11
57 GF Score
Price R$16.22
GF Value R$29.68
Valuation Significantly Undervalued
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What is Fundo DE Investimento Imobiliario Hectare CE ROE %?

Fundo DE Investimento Imobiliario Hectare CE BSP:HCTR11 +1.31% 57 ROE % is -10.80% as of Dec. 2024. GuruFocus rates BSP:HCTR11 with a GF Score™ of 57/100 and a GF Value™ of R$29.68 (Significantly Undervalued). Among 1,609 Asset Management companies, Fundo DE Investimento Imobiliario Hectare CE ranks worse than 87.01% 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 Hectare CE's annualized net income for the quarter that ended in Dec. 2024 was R$-258.82 Mil. Fundo DE Investimento Imobiliario Hectare CE's average Total Stockholders Equity over the quarter that ended in Dec. 2024 was R$2,396.01 Mil. Therefore, Fundo DE Investimento Imobiliario Hectare CE's annualized ROE % for the quarter that ended in Dec. 2024 was -10.80%.

The historical rank and industry rank for Fundo DE Investimento Imobiliario Hectare CE's ROE % or its related term are showing as below:

BSP:HCTR11' s ROE % Range Over the Past 10 Years
Min: -10.8   Med: 6.46   Max: 20.23
Current: -10.8

During the past 7 years, Fundo DE Investimento Imobiliario Hectare CE's highest ROE % was 20.23%. The lowest was -10.80%. And the median was 6.46%.

BSP:HCTR11's ROE % is ranked worse than
87.01% of 1609 companies
in the Asset Management industry
Industry Median: 6.52 vs BSP:HCTR11: -10.80

Fundo DE Investimento Imobiliario Hectare CE  (BSP:HCTR11) 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. 2024 )
=Net Income/Total Stockholders Equity
=-258.824/2396.011
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-258.824 / -248.224)*(-248.224 / 2396.6755)*(2396.6755 / 2396.011)
=Net Margin %*Asset Turnover*Equity Multiplier
=104.27 %*-0.1036*1.0003
=ROA %*Equity Multiplier
=-10.8 %*1.0003
=-10.80 %

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. 2024 )
=Net Income/Total Stockholders Equity
=-258.824/2396.011
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-258.824 / -258.824) * (-258.824 / -258.824) * (-258.824 / -248.224) * (-248.224 / 2396.6755) * (2396.6755 / 2396.011)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1 * 104.27 % * -0.1036 * 1.0003
=-10.80 %

Note: The net income data used here is one times the annual (Dec. 2024) net income data. The Revenue data used here is one times the annual (Dec. 2024) 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 Hectare CE ROE % Related Terms

Fundo DE Investimento Imobiliario Hectare CE ROE % Historical Data

* Premium members only.

The historical data trend for Fundo DE Investimento Imobiliario Hectare CE'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 Hectare CE ROE % Chart

Fundo DE Investimento Imobiliario Hectare CE Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROE %
Get a 7-Day Free Trial 20.03 20.23 12.93 4.84 -10.80

Fundo DE Investimento Imobiliario Hectare CE Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROE % Get a 7-Day Free Trial 20.03 20.23 12.93 4.84 -10.80

BSP:HCTR11 vs BLK, BX, KKR: ROE % Comparison

For the Asset Management subindustry, Fundo DE Investimento Imobiliario Hectare CE'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 Hectare CE ROE % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Fundo DE Investimento Imobiliario Hectare CE's ROE % distribution charts can be found below:

* The bar in red indicates where Fundo DE Investimento Imobiliario Hectare CE's ROE % falls into.


BSP:HCTR11
57GF Score
Fundo DE Investimento Imobiliario Hectare CE BSP:HCTR11
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fundo DE Investimento Imobiliario Hectare CE ROE % Calculation

Fundo DE Investimento Imobiliario Hectare CE's annualized ROE % for the fiscal year that ended in Dec. 2024 is calculated as

ROE %=Net Income (A: Dec. 2024 )/( (Total Stockholders Equity (A: Dec. 2023 )+Total Stockholders Equity (A: Dec. 2024 ))/ count )
=-258.824/( (2571.175+2220.847)/ 2 )
=-258.824/2396.011
=-10.80 %

Fundo DE Investimento Imobiliario Hectare CE's annualized ROE % for the quarter that ended in Dec. 2024 is calculated as

ROE %=Net Income (Q: Dec. 2024 )/( (Total Stockholders Equity (Q: Dec. 2023 )+Total Stockholders Equity (Q: Dec. 2024 ))/ count )
=-258.824/( (2571.175+2220.847)/ 2 )
=-258.824/2396.011
=-10.80 %

* 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. 2024) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -10.80% mean?
Fundo DE Investimento Imobiliario Hectare CE (BSP:HCTR11) has a ROE % of -10.80% as of Dec. 2024. 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 Hectare CE and its competitors. According to the industry distribution chart, Fundo DE Investimento Imobiliario Hectare CE ranks #1400 out of 1609 companies in the Asset Management industry, placing it in the top 87%.
Is Fundo DE Investimento Imobiliario Hectare CE's ROE % too high?
Fundo DE Investimento Imobiliario Hectare CE's current ROE % is -10.80%. Based on the distribution chart, Fundo DE Investimento Imobiliario Hectare CE ranks #1400 out of 1609 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Fundo DE Investimento Imobiliario Hectare CE has a GF Score™ of 57/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fundo DE Investimento Imobiliario Hectare CE's ROE % compare to BLK and BX?
According to the Asset Management industry distribution chart, Fundo DE Investimento Imobiliario Hectare CE ranks #1400 out of 1609 companies for ROE %. This places Fundo DE Investimento Imobiliario Hectare CE in the lower half of its industry. The industry median ROE % is 6.52. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Asset Management company?
The median ROE % among Asset Management companies is 6.52, based on 1,609 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 Fundo DE Investimento Imobiliario Hectare CE and its competitors. For the Asset Management industry, the median ROE % is 6.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundo DE Investimento Imobiliario Hectare CE's current ROE % is -10.80%. 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 Hectare CE stock overvalued right now?
Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario Hectare CE (BSP:HCTR11) is currently considered Significantly Undervalued. The stock's GF Value™ is R$29.68, compared to a current price of R$16.22 — trading 45.4% below its estimated fair value. The current ROE % is -10.80%. Fundo DE Investimento Imobiliario Hectare CE's overall GF Score™ is 57/100. 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 Hectare CE (BSP:HCTR11), the current ROE % is -10.80% 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 Fundo DE Investimento Imobiliario Hectare CE (BSP:HCTR11) Overvalued in 2026?

Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario Hectare CE stock appears to be undervalued. The current stock price of R$16.22 is trading 45.4% below its estimated GF Value™ of R$29.68. GuruFocus considers Fundo DE Investimento Imobiliario Hectare CE to be Significantly Undervalued.

Key valuation signals for BSP:HCTR11:

  • ROE %: -10.80%
  • GF Value™: R$29.68 vs. price of R$16.22 (45.4% below fair value)
  • GF Score™: 57/100

No single metric tells the full story. See the BSP:HCTR11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fundo DE Investimento Imobiliario Hectare CE Business Description

Address Rua Fidencio Ramos, 195, cj. 71, Sau Paulo, SP, BRA
Fundo DE Investimento Imobiliario Hectare CE develops and invests in solutions for alternative investments. It designs investment structures to real estate projects in all development stages. It also offers advisory services which focus on financial solutions to real estate project development in Brazil.
57GF Score

Get the complete analysis for BSP:HCTR11

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

R$16.22
Price
R$29.68
GF Value