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 (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.
Hsi Ativos Financeiros Fundos Investimentos Imoliarios ROE % Related Terms
Hsi Ativos Financeiros Fundos Investimentos Imoliarios 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.
* 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.
Hsi Ativos Financeiros Fundos Investimentos Imoliarios 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 (Jun. 2025) net income data.
ROE % is displayed in the 30-year financial page.
Hsi Ativos Financeiros Fundos Investimentos Imoliarios (BSP:HSAF11) has a ROE % of 11.61% 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 Hsi Ativos Financeiros Fundos Investimentos Imoliarios and its competitors. This is near median its historical median of 11.53. Over the past decade, Hsi Ativos Financeiros Fundos Investimentos Imoliarios' ROE % has ranged from 4.57 to 14.44. According to the industry distribution chart, Hsi Ativos Financeiros Fundos Investimentos Imoliarios ranks #194 out of 932 companies in the REITs industry, placing it in the top 20.8%.
Is Hsi Ativos Financeiros Fundos Investimentos Imoliarios' ROE % too high?
Hsi Ativos Financeiros Fundos Investimentos Imoliarios' current ROE % of 11.61% is near median its 10-year median of 11.53. Over the past 10 years, this metric has ranged from a low of 4.57 to a high of 14.44. The REITs industry median ROE % is 6.13. Hsi Ativos Financeiros Fundos Investimentos Imoliarios' value of 11.61% is 89.4% above this industry median. Based on the distribution chart, Hsi Ativos Financeiros Fundos Investimentos Imoliarios ranks #194 out of 932 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Hsi Ativos Financeiros Fundos Investimentos Imoliarios has a GF Score™ of 54/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hsi Ativos Financeiros Fundos Investimentos Imoliarios' ROE % compare to VICI and WPC?
According to the REITs industry distribution chart, Hsi Ativos Financeiros Fundos Investimentos Imoliarios ranks #194 out of 932 companies for ROE %. This places Hsi Ativos Financeiros Fundos Investimentos Imoliarios in the top 21% of its industry — outperforming the majority of peers. The industry median ROE % is 6.13. Hsi Ativos Financeiros Fundos Investimentos Imoliarios' value of 11.61% is 89.4% above this benchmark. Historically, Hsi Ativos Financeiros Fundos Investimentos Imoliarios' own ROE % has ranged from 4.57 to 14.44 over the past decade. While the company's 10-year median is 11.53 vs. the industry median of 6.13, Hsi Ativos Financeiros Fundos Investimentos Imoliarios 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 932 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. Hsi Ativos Financeiros Fundos Investimentos Imoliarios's current ROE % of 11.61% is 89.4% 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 Hsi Ativos Financeiros Fundos Investimentos Imoliarios 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. Hsi Ativos Financeiros Fundos Investimentos Imoliarios's current ROE % is 11.61%, which is near median its own 10-year median of 11.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hsi Ativos Financeiros Fundos Investimentos Imoliarios stock overvalued right now?
Based on GuruFocus' analysis, Hsi Ativos Financeiros Fundos Investimentos Imoliarios (BSP:HSAF11) is currently considered Fairly Valued. The stock's GF Value™ is R$78.95, compared to a current price of R$77.83 — trading 1.4% below its estimated fair value. The current ROE % is 11.61%, which is near median its 10-year median of 11.53 and 89.4% above the REITs industry median of 6.13. Hsi Ativos Financeiros Fundos Investimentos Imoliarios' overall GF Score™ is 54/100 with 4 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 Hsi Ativos Financeiros Fundos Investimentos Imoliarios (BSP:HSAF11), the current ROE % is 11.61% 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 Hsi Ativos Financeiros Fundos Investimentos Imoliarios (BSP:HSAF11) Overvalued in 2026?
Based on GuruFocus' analysis, Hsi Ativos Financeiros Fundos Investimentos Imoliarios stock appears to be undervalued.
The current stock price of R$77.83 is trading 1.4% below its estimated GF Value™ of R$78.95.
GuruFocus considers Hsi Ativos Financeiros Fundos Investimentos Imoliarios to be Fairly Valued.
Key valuation signals for BSP:HSAF11:
ROE %: 11.61% (near median its 10-year median of 11.53)
GF Value™: R$78.95 vs. price of R$77.83 (1.4% below fair value)
Industry Position: 89.4% above the REITs median (#194 of 932)
No single metric tells the full story. See the BSP:HSAF11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hsi Ativos Financeiros Fundos Investimentos Imoliarios Business Description
Hsi Ativos Financeiros Fundos Investimentos Imoliarios aims to obtain income and capital gains, through investment, in certificates of real estate receivables.
54GF Score
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