Maresias Fundo De Investimento Imobiliario (BSP:MMVE11) ROE %: 67.37% (As of Dec. 2025) — 174% Above Median


BSP:MMVE11 Maresias Fundo De Investimento Imobiliario BSP:MMVE11
31 GF Score
Price R$147.00
! 2 Warning Signs
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What is Maresias Fundo De Investimento Imobiliario ROE %?

Maresias Fundo De Investimento Imobiliario BSP:MMVE11 31 ROE % is 67.37% as of Dec. 2025, which is 174% above its 10-year median of 24.57. GuruFocus rates BSP:MMVE11 with a GF Score™ of 31/100. The stock has 2 warning signs investors should review. Among 932 REITs companies, Maresias Fundo De Investimento Imobiliario ranks better than 98.71% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Maresias Fundo De Investimento Imobiliario's annualized net income for the quarter that ended in Dec. 2025 was R$38.70 Mil. Maresias Fundo De Investimento Imobiliario's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was R$57.45 Mil. Therefore, Maresias Fundo De Investimento Imobiliario's annualized ROE % for the quarter that ended in Dec. 2025 was 67.37%.

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

BSP:MMVE11' s ROE % Range Over the Past 10 Years
Min: -67.1   Med: 24.57   Max: 67.37
Current: 67.37

During the past 5 years, Maresias Fundo De Investimento Imobiliario's highest ROE % was 67.37%. The lowest was -67.10%. And the median was 24.57%.

BSP:MMVE11's ROE % is ranked better than
98.71% of 932 companies
in the REITs industry
Industry Median: 6.13 vs BSP:MMVE11: 67.37

Maresias Fundo De Investimento Imobiliario  (BSP:MMVE11) 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
=38.701/57.4455
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(38.701 / 40.568)*(40.568 / 57.521)*(57.521 / 57.4455)
=Net Margin %*Asset Turnover*Equity Multiplier
=95.4 %*0.7053*1.0013
=ROA %*Equity Multiplier
=67.29 %*1.0013
=67.37 %

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
=38.701/57.4455
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (38.701 / 39.259) * (39.259 / 40.568) * (40.568 / 57.521) * (57.521 / 57.4455)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.9858 * 96.77 % * 0.7053 * 1.0013
=67.37 %

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.


Maresias Fundo De Investimento Imobiliario ROE % Related Terms


Maresias Fundo De Investimento Imobiliario ROE % Historical Data

* Premium members only.

The historical data trend for Maresias 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.

Maresias Fundo De Investimento Imobiliario ROE % Chart

Maresias Fundo De Investimento Imobiliario Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
0.00 50.41 -67.10 -1.27 67.37

Maresias Fundo De Investimento Imobiliario Semi-Annual Data
Dec21 Dec22 Dec23 Dec24 Dec25
ROE % 0.00 50.41 -67.10 -1.27 67.37

BSP:MMVE11 vs VICI, WPC: ROE % Comparison

For the REIT - Diversified subindustry, Maresias 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.


Maresias Fundo De Investimento Imobiliario ROE % vs REITs Industry

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

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


BSP:MMVE11
31GF Score
Maresias Fundo De Investimento Imobiliario BSP:MMVE11
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Maresias Fundo De Investimento Imobiliario ROE % Calculation

Maresias 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 )
=38.701/( (37.445+77.446)/ 2 )
=38.701/57.4455
=67.37 %

Maresias 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 )
=38.701/( (37.445+77.446)/ 2 )
=38.701/57.4455
=67.37 %

* 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 67.37% mean?
Maresias Fundo De Investimento Imobiliario (BSP:MMVE11) has a ROE % of 67.37% 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 Maresias Fundo De Investimento Imobiliario and its competitors. This is 174% above median its historical median of 24.57. According to the industry distribution chart, Maresias Fundo De Investimento Imobiliario ranks #12 out of 932 companies in the REITs industry, placing it in the top 1.3%.
Is Maresias Fundo De Investimento Imobiliario's ROE % too high?
Maresias Fundo De Investimento Imobiliario's current ROE % of 67.37% is 174% above median its 10-year median of 24.57. The REITs industry median ROE % is 6.13. Maresias Fundo De Investimento Imobiliario's value of 67.37% is 999% above this industry median. Based on the distribution chart, Maresias Fundo De Investimento Imobiliario ranks #12 out of 932 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Maresias Fundo De Investimento Imobiliario has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Maresias Fundo De Investimento Imobiliario's ROE % compare to VICI and WPC?
According to the REITs industry distribution chart, Maresias Fundo De Investimento Imobiliario ranks #12 out of 932 companies for ROE %. This places Maresias Fundo De Investimento Imobiliario in the top 1% of its industry — outperforming the majority of peers. The industry median ROE % is 6.13. Maresias Fundo De Investimento Imobiliario's value of 67.37% is 999% above this benchmark. While the company's 10-year median is 24.57 vs. the industry median of 6.13, Maresias Fundo De 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 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. Maresias Fundo De Investimento Imobiliario's current ROE % of 67.37% is 999% 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 Maresias 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. Maresias Fundo De Investimento Imobiliario's current ROE % is 67.37%, which is 174% above median its own 10-year median of 24.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maresias Fundo De Investimento Imobiliario stock overvalued right now?
Maresias Fundo De Investimento Imobiliario (BSP:MMVE11) has a current ROE % of 67.37%. The current ROE % is 67.37%, which is 174% above median its 10-year median of 24.57 and 999% above the REITs industry median of 6.13. Maresias Fundo De Investimento Imobiliario's overall GF Score™ is 31/100 with 2 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 Maresias Fundo De Investimento Imobiliario (BSP:MMVE11), the current ROE % is 67.37% 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.

Maresias Fundo De Investimento Imobiliario Business Description

Industry Real EstateREITs
Address Avenida Reboucas - Do 7 ao 12th Floor, Pinheiros, SP, BRA, 5402500
Maresias Fundo De Investimento Imobiliario is a pool of resources in the form of a closed-end fund. The fund's objective is to generate income through the investment of corresponding resources in completed or under-construction real estate, as well as in any real rights over the properties, or through indirect investment in real estate by acquiring real estate assets, and capital gains obtained from the purchase and sale of the properties or real estate assets.
31GF Score

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R$147.00
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