Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons (BSP:TELM11) ROE %: 17.26% (As of Dec. 2025) — Near Median

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BSP:TELM11 Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons Ltd BSP:TELM11
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Price R$10.09
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What is Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons ROE %?

Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons BSP:TELM11 -0.49% 5 ROE % is 17.26% as of Dec. 2025, which is at its 10-year median of 17.26. GuruFocus rates BSP:TELM11 with a GF Score™ of 5/100. The stock has 1 warning sign investors should review. Among 935 REITs companies, Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons ranks better than 91.34% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons's annualized net income for the quarter that ended in Dec. 2025 was R$4.48 Mil. Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was R$25.93 Mil. Therefore, Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons's annualized ROE % for the quarter that ended in Dec. 2025 was 17.26%.

The historical rank and industry rank for Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons's ROE % or its related term are showing as below:

BSP:TELM11' s ROE % Range Over the Past 10 Years
Min: 17.26   Med: 17.26   Max: 17.26
Current: 17.26

During the past 2 years, Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons's highest ROE % was 17.26%. The lowest was 17.26%. And the median was 17.26%.

BSP:TELM11's ROE % is ranked better than
91.34% of 935 companies
in the REITs industry
Industry Median: 6.14 vs BSP:TELM11: 17.26

Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons  (BSP:TELM11) 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
=4.475/25.931
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4.475 / 7.699)*(7.699 / 33.675)*(33.675 / 25.931)
=Net Margin %*Asset Turnover*Equity Multiplier
=58.12 %*0.2286*1.2986
=ROA %*Equity Multiplier
=13.29 %*1.2986
=17.26 %

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
=4.475/25.931
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4.475 / 4.475) * (4.475 / 7.699) * (7.699 / 33.675) * (33.675 / 25.931)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1 * 58.12 % * 0.2286 * 1.2986
=17.26 %

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.


Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons ROE % Related Terms


Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons ROE % Historical Data

* Premium members only.

The historical data trend for Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons'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.

Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons ROE % Chart

Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons Annual Data
Trend Dec24 Dec25
ROE %
0.00 17.26

Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons Semi-Annual Data
Dec24 Dec25
ROE % 0.00 17.26

BSP:TELM11 vs VICI, WPC: ROE % Comparison

For the REIT - Diversified subindustry, Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons'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.


Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons ROE % vs REITs Industry

For the REITs industry and Real Estate sector, Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons's ROE % distribution charts can be found below:

* The bar in red indicates where Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons's ROE % falls into.


BSP:TELM11
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Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons Ltd BSP:TELM11
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Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons ROE % Calculation

Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons'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 )
=4.475/( (20.918+30.944)/ 2 )
=4.475/25.931
=17.26 %

Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons'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 )
=4.475/( (20.918+30.944)/ 2 )
=4.475/25.931
=17.26 %

* 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 17.26% mean?
Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons (BSP:TELM11) has a ROE % of 17.26% 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 Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons and its competitors. This is near median its historical median of 17.26. Over the past decade, Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons' ROE % has ranged from 17.26 to 17.26. According to the industry distribution chart, Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons ranks #81 out of 935 companies in the REITs industry, placing it in the top 8.7%.
Is Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons' ROE % too high?
Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons' current ROE % of 17.26% is near median its 10-year median of 17.26. Over the past 10 years, this metric has ranged from a low of 17.26 to a high of 17.26. The REITs industry median ROE % is 6.14. Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons' value of 17.26% is 181.1% above this industry median. Based on the distribution chart, Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons ranks #81 out of 935 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons' ROE % compare to VICI and WPC?
According to the REITs industry distribution chart, Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons ranks #81 out of 935 companies for ROE %. This places Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons in the top 9% of its industry — outperforming the majority of peers. The industry median ROE % is 6.14. Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons' value of 17.26% is 181.1% above this benchmark. Historically, Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons' own ROE % has ranged from 17.26 to 17.26 over the past decade. While the company's 10-year median is 17.26 vs. the industry median of 6.14, Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons 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 6.14, based on 935 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. Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons's current ROE % of 17.26% is 181.1% 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 Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons and its competitors. For the REITs industry, the median ROE % is 6.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons's current ROE % is 17.26%, which is near median its own 10-year median of 17.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons stock overvalued right now?
Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons (BSP:TELM11) has a current ROE % of 17.26%. The current ROE % is 17.26%, which is near median its 10-year median of 17.26 and 181.1% above the REITs industry median of 6.14. Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons' overall GF Score™ is 5/100 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 Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons (BSP:TELM11), the current ROE % is 17.26% 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.

Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons Business Description

Industry Real EstateREITs
Address Avenue Brigadeiro de Faria Lima, No. 2179, 10th Floor, Sao Paulo, SP, BRA, 01452-001
Tellus Multiestrategia Fii Fundo De Invest Imobiliario Respons Ltd is engaged in obtaining income and capital gains and offer units to its shareholders in the form of investment, and divestment in real estate assets.
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