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:
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.
Hedge Top Fofii 3 Fundo Investimento Imobiliario ROE % Related Terms
Hedge Top Fofii 3 Fundo Investimento Imobiliario ROE % Historical 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.
Hedge Top Fofii 3 Fundo Investimento Imobiliario ROE % Chart
Hedge Top Fofii 3 Fundo Investimento Imobiliario Annual Data
* 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.
Hedge Top Fofii 3 Fundo Investimento Imobiliario ROE % vs REITs Industry
* 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.
Hedge Top Fofii 3 Fundo Investimento Imobiliario (BSP:HFOF11) has a ROE % of 24.52% 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 Hedge Top Fofii 3 Fundo Investimento Imobiliario and its competitors. This is 1326% above median its historical median of 1.72. According to the industry distribution chart, Hedge Top Fofii 3 Fundo Investimento Imobiliario ranks #39 out of 938 companies in the REITs industry, placing it in the top 4.2%.
Is Hedge Top Fofii 3 Fundo Investimento Imobiliario's ROE % too high?
Hedge Top Fofii 3 Fundo Investimento Imobiliario's current ROE % of 24.52% is 1326% above median its 10-year median of 1.72. The REITs industry median ROE % is 6.13. Hedge Top Fofii 3 Fundo Investimento Imobiliario's value of 24.52% is 300% above this industry median. Based on the distribution chart, Hedge Top Fofii 3 Fundo Investimento Imobiliario ranks #39 out of 938 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Hedge Top Fofii 3 Fundo Investimento Imobiliario has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Hedge Top Fofii 3 Fundo Investimento Imobiliario's ROE % compare to EQIX and AMT?
According to the REITs industry distribution chart, Hedge Top Fofii 3 Fundo Investimento Imobiliario ranks #39 out of 938 companies for ROE %. This places Hedge Top Fofii 3 Fundo Investimento Imobiliario in the top 4% of its industry — outperforming the majority of peers. The industry median ROE % is 6.13. Hedge Top Fofii 3 Fundo Investimento Imobiliario's value of 24.52% is 300% above this benchmark. While the company's 10-year median is 1.72 vs. the industry median of 6.13, Hedge Top Fofii 3 Fundo Investimento Imobiliario 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 6.13, 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. Hedge Top Fofii 3 Fundo Investimento Imobiliario's current ROE % of 24.52% is 300% 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 Hedge Top Fofii 3 Fundo 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. Hedge Top Fofii 3 Fundo Investimento Imobiliario's current ROE % is 24.52%, which is 1326% above median its own 10-year median of 1.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hedge Top Fofii 3 Fundo Investimento Imobiliario stock overvalued right now?
Hedge Top Fofii 3 Fundo Investimento Imobiliario (BSP:HFOF11) has a current ROE % of 24.52%. The current ROE % is 24.52%, which is 1326% above median its 10-year median of 1.72 and 300% above the REITs industry median of 6.13. Hedge Top Fofii 3 Fundo Investimento Imobiliario's overall GF Score™ is 39/100 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 Hedge Top Fofii 3 Fundo Investimento Imobiliario (BSP:HFOF11), the current ROE % is 24.52% 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.
Hedge Top Fofii 3 Fundo Investimento Imobiliario Business Description
Hedge Top Fofii 3 Fundo Investimento Imobiliario is a real estate investment trust. It is engaged in agribusiness and variable income, from the operations of the Hedging-Griffo brokerage firm to the development of the agricultural commodities trading desk and effective participation in the creation of titles such as CPR and CDA / WA.
39GF Score
Get the complete analysis for BSP:HFOF11
ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:HFOF11 has been successfully added to your 