Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII (BSP:KNRE11) ROIC %: 0.00% (As of . 20)


BSP:KNRE11 Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII BSP:KNRE11
22 GF Score
Price R$0.33
! 1 Warning Sign
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What is Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII ROIC %?

Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII BSP:KNRE11 22 ROIC % is 0.00% as of . 20. GuruFocus rates BSP:KNRE11 with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII's annualized return on invested capital (ROIC %) for the quarter that ended in . 20 was 0.00%.

As of today (2026-07-06), Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII's WACC % is 5.72%. Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII's ROIC % is 0.00% (calculated using TTM income statement data). Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII  (BSP:KNRE11) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII's WACC % is 5.72%. Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII's ROIC % is 0.00% (calculated using TTM income statement data). Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII ROIC % Related Terms

Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII ROIC % Historical Data

* Premium members only.

The historical data trend for Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII's ROIC % 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.

Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII ROIC % Chart

Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII Annual Data
Trend
ROIC %

Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII Semi-Annual Data
ROIC %

BSP:KNRE11 vs AVB, EQR, ESS: ROIC % Comparison

For the REIT - Residential subindustry, Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII's ROIC %, along with its competitors' market caps and ROIC % 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.

Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII ROIC % vs REITs Industry

For the REITs industry and Real Estate sector, Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII's ROIC % distribution charts can be found below:

* The bar in red indicates where Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII's ROIC % falls into.


BSP:KNRE11
22GF Score
Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII BSP:KNRE11
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII ROIC % Calculation

Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in . 20 is calculated as:

ROIC % (A: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: . 20 ) + Invested Capital (A: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Invested Capital(A: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Invested Capital(A: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII's annualized Return on Invested Capital (ROIC %) for the quarter that ended in . 20 is calculated as:

ROIC % (Q: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: . 20 ) + Invested Capital (Q: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Invested Capital(Q: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Invested Capital(Q: . 20 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
= - - ( - max(0, - +))
=

Note: The Operating Income data used here is one times the annual (. 20) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 0.00% mean?
Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII (BSP:KNRE11) has a ROIC % of 0.00% as of . 20. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII and its competitors.
Is Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII's ROIC % too high?
Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII's current ROIC % is 0.00%. Overall, Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII's ROIC % compare to AVB and EQR?
Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII's ROIC % of 0.00% can be compared against companies in the REITs industry. The industry median ROIC % is 3.74. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a REITs company?
The median ROIC % among REITs companies is 3.74, based on 745 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII and its competitors. For the REITs industry, the median ROIC % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII's current ROIC % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII stock overvalued right now?
Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII (BSP:KNRE11) has a current ROIC % of 0.00%. The current ROIC % is 0.00%. Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII's overall GF Score™ is 22/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII (BSP:KNRE11), the current ROIC % is 0.00% as of . 20. 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.

Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII Business Description

Industry Real EstateREITs
Address Avenida Brigadeiro Faria Lima, 3400, 10 andar, Sao Paulo, SP, BRA, 4538132
Kinea Ii Real Estate Equity Fundo Invest Imobiliario FII is a closed-end fund. The fund's objective is to generate income through direct or indirect investment in Real Estate Ventures, namely direct or indirect equity participations in closed-capital corporation(s), limited liability companies, consortia or joint venture companies; certificates of additional construction potential; and quotas of other real estate funds.
22GF Score

Get the complete analysis for BSP:KNRE11

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

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