Fundo De Investimento Imobiliario Spx Syn Multiestrategia (BSP:SPXS11) ROIC %: 7,697.41% (As of Dec. 2025)


BSP:SPXS11 Fundo De Investimento Imobiliario Spx Syn Multiestrategia BSP:SPXS11
27 GF Score
Price R$8.06
! 2 Warning Signs
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What is Fundo De Investimento Imobiliario Spx Syn Multiestrategia ROIC %?

Fundo De Investimento Imobiliario Spx Syn Multiestrategia BSP:SPXS11 -0.25% 27 ROIC % is 7,697.41% as of Dec. 2025. GuruFocus rates BSP:SPXS11 with a GF Score™ of 27/100. The stock has 2 warning signs 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 %. Fundo De Investimento Imobiliario Spx Syn Multiestrategia's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 7,697.41%.

As of today (2026-07-12), Fundo De Investimento Imobiliario Spx Syn Multiestrategia's WACC % is 4.94%. Fundo De Investimento Imobiliario Spx Syn Multiestrategia's ROIC % is 7697.41% (calculated using TTM income statement data). Fundo De Investimento Imobiliario Spx Syn Multiestrategia generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.

Fundo De Investimento Imobiliario Spx Syn Multiestrategia  (BSP:SPXS11) 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, Fundo De Investimento Imobiliario Spx Syn Multiestrategia's WACC % is 4.94%. Fundo De Investimento Imobiliario Spx Syn Multiestrategia's ROIC % is 7697.41% (calculated using TTM income statement data). Fundo De Investimento Imobiliario Spx Syn Multiestrategia generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.

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.

Fundo De Investimento Imobiliario Spx Syn Multiestrategia ROIC % Related Terms

Fundo De Investimento Imobiliario Spx Syn Multiestrategia ROIC % Historical Data

* Premium members only.

The historical data trend for Fundo De Investimento Imobiliario Spx Syn Multiestrategia'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.

Fundo De Investimento Imobiliario Spx Syn Multiestrategia ROIC % Chart

Fundo De Investimento Imobiliario Spx Syn Multiestrategia Annual Data
Trend Dec22 Dec23 Dec24 Dec25
ROIC %
0.00 3,906.70 2,420.22 7,697.41

Fundo De Investimento Imobiliario Spx Syn Multiestrategia Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
ROIC % 0.00 3,906.70 2,420.22 7,697.41

BSP:SPXS11 vs VICI, WPC: ROIC % Comparison

For the REIT - Diversified subindustry, Fundo De Investimento Imobiliario Spx Syn Multiestrategia'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.

Fundo De Investimento Imobiliario Spx Syn Multiestrategia ROIC % vs REITs Industry

For the REITs industry and Real Estate sector, Fundo De Investimento Imobiliario Spx Syn Multiestrategia's ROIC % distribution charts can be found below:

* The bar in red indicates where Fundo De Investimento Imobiliario Spx Syn Multiestrategia's ROIC % falls into.


BSP:SPXS11
27GF Score
Fundo De Investimento Imobiliario Spx Syn Multiestrategia BSP:SPXS11
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fundo De Investimento Imobiliario Spx Syn Multiestrategia ROIC % Calculation

Fundo De Investimento Imobiliario Spx Syn Multiestrategia's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=29.712 * ( 1 - 0% )/( (0.15499999999997 + 0.61699999999999)/ 2 )
=29.712/0.38599999999998
=7,697.41 %

where

Invested Capital(A: Dec. 2024 )
=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))
=188.947 - 2.104 - ( 188.927 - max(0, 2.259 - 188.947+188.927))
=0.15499999999997

Invested Capital(A: Dec. 2025 )
=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))
=192.326 - 1.946 - ( 192.312 - max(0, 2.563 - 192.326+192.312))
=0.61699999999999

Fundo De Investimento Imobiliario Spx Syn Multiestrategia's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2025 is calculated as:

ROIC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2024 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=29.712 * ( 1 - 0% )/( (0.15499999999997 + 0.61699999999999)/ 2 )
=29.712/0.38599999999998
=7,697.41 %

where

Invested Capital(Q: Dec. 2024 )
=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))
=188.947 - 2.104 - ( 188.927 - max(0, 2.259 - 188.947+188.927))
=0.15499999999997

Invested Capital(Q: Dec. 2025 )
=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))
=192.326 - 1.946 - ( 192.312 - max(0, 2.563 - 192.326+192.312))
=0.61699999999999

Note: The Operating Income data used here is one times the annual (Dec. 2025) 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 7,697.41% mean?
Fundo De Investimento Imobiliario Spx Syn Multiestrategia (BSP:SPXS11) has a ROIC % of 7,697.41% as of Dec. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Fundo De Investimento Imobiliario Spx Syn Multiestrategia and its competitors.
Is Fundo De Investimento Imobiliario Spx Syn Multiestrategia's ROIC % too high?
Fundo De Investimento Imobiliario Spx Syn Multiestrategia's current ROIC % is 7,697.41%. The REITs industry median ROIC % is 3.75. Fundo De Investimento Imobiliario Spx Syn Multiestrategia's value of 7,697.41% is 205438.3% above this industry median. Overall, Fundo De Investimento Imobiliario Spx Syn Multiestrategia has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Fundo De Investimento Imobiliario Spx Syn Multiestrategia's ROIC % compare to VICI and WPC?
Fundo De Investimento Imobiliario Spx Syn Multiestrategia's ROIC % of 7,697.41% can be compared against companies in the REITs industry. The industry median ROIC % is 3.75. Fundo De Investimento Imobiliario Spx Syn Multiestrategia's value of 7,697.41% is 205438.3% above this benchmark. 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 3.75, based on 742 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. Fundo De Investimento Imobiliario Spx Syn Multiestrategia's current ROIC % of 7,697.41% is 205438.3% 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 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 Fundo De Investimento Imobiliario Spx Syn Multiestrategia and its competitors. For the REITs industry, the median ROIC % is 3.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundo De Investimento Imobiliario Spx Syn Multiestrategia's current ROIC % is 7,697.41%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo De Investimento Imobiliario Spx Syn Multiestrategia stock overvalued right now?
Fundo De Investimento Imobiliario Spx Syn Multiestrategia (BSP:SPXS11) has a current ROIC % of 7,697.41%. The current ROIC % is 7,697.41% and 205438.3% above the REITs industry median of 3.75. Fundo De Investimento Imobiliario Spx Syn Multiestrategia's overall GF Score™ is 27/100 with 2 warning signs 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 Fundo De Investimento Imobiliario Spx Syn Multiestrategia (BSP:SPXS11), the current ROIC % is 7,697.41% 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.

Fundo De Investimento Imobiliario Spx Syn Multiestrategia Business Description

Industry Real EstateREITs
Address PRAIA DE BOTAFOGO, 501 - 6th Floor, Botafogo, Rio de Janeiro, RJ, BRA, 22250040
Fundo De Investimento Imobiliario SPX Syn Multiestrategia is a closed-end real estate investment fund. The fund's goal is to generate income and/or capital gains, as well as to provide shareholders with appreciation of their shares through investment and, when applicable, divestment, in various asset classes.
27GF Score

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