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3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 40.82%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas (BSP:BTRA11) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas 3-Year ROIIC % Related Terms
Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas 3-Year ROIIC % 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.
Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas 3-Year ROIIC % Chart
Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
3-Year ROIIC %
0.00
0.00
0.00
0.00
40.82
Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas Semi-Annual Data
Dec21
Dec22
Dec23
Dec24
Dec25
3-Year ROIIC %
0.00
0.00
0.00
0.00
40.82
BSP:BTRA11 vs EQIX, AMT, DLR: 3-Year ROIIC % Comparison
* 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 BTG Pactual Terras Agricolas 3-Year ROIIC % vs REITs Industry
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( -87.355 (Dec. 2025) - 29.516 (Dec. 2022) )
/
( 291.784 (Dec. 2025) - 578.075 (Dec. 2022) )
=
-116.871
/
-286.291
=
40.82%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas (BSP:BTRA11) has a 3-Year ROIIC % of 40.82 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas and its competitors. This is near median its historical median of 40.82. Over the past decade, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas' 3-Year ROIIC % has ranged from 40.82 to 40.82. According to the industry distribution chart, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas ranks #33 out of 684 companies in the REITs industry, placing it in the top 4.8%.
Is Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas' 3-Year ROIIC % too high?
Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas' current 3-Year ROIIC % of 40.82 is near median its 10-year median of 40.82. Over the past 10 years, this metric has ranged from a low of 40.82 to a high of 40.82. The REITs industry median 3-Year ROIIC % is 3.51. Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas' value of 40.82 is 1064.6% above this industry median. Based on the distribution chart, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas ranks #33 out of 684 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas' 3-Year ROIIC % compare to EQIX and AMT?
According to the REITs industry distribution chart, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas ranks #33 out of 684 companies for 3-Year ROIIC %. This places Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas in the top 5% of its industry — outperforming the majority of peers. The industry median 3-Year ROIIC % is 3.51. Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas' value of 40.82 is 1064.6% above this benchmark. Historically, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas' own 3-Year ROIIC % has ranged from 40.82 to 40.82 over the past decade. While the company's 10-year median is 40.82 vs. the industry median of 3.51, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas 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 3-Year ROIIC % for a REITs company?
The median 3-Year ROIIC % among REITs companies is 3.51, based on 684 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas's current 3-Year ROIIC % of 40.82 is 1064.6% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas and its competitors. For the REITs industry, the median 3-Year ROIIC % is 3.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas's current 3-Year ROIIC % is 40.82, which is near median its own 10-year median of 40.82. 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 BTG Pactual Terras Agricolas stock overvalued right now?
Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas (BSP:BTRA11) is currently considered Significantly Overvalued. The stock's GF Value™ is R$13.23, compared to a current price of R$70.21 — trading 430.7% above its estimated fair value. The current 3-Year ROIIC % is 40.82, which is near median its 10-year median of 40.82 and 1064.6% above the REITs industry median of 3.51. Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas' overall GF Score™ is 43/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas (BSP:BTRA11), the current 3-Year ROIIC % is 40.82 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.
Is Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas (BSP:BTRA11) Overvalued in 2026?
Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas stock appears to be overvalued.
The current stock price of R$70.21 is trading 430.7% above its estimated GF Value™ of R$13.23.
GuruFocus considers Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas to be Significantly Overvalued.
Key valuation signals for BSP:BTRA11:
3-Year ROIIC %: 40.82 (near median its 10-year median of 40.82)
GF Value™: R$13.23 vs. price of R$70.21 (430.7% above fair value)
Industry Position: 1064.6% above the REITs median (#33 of 684)
No single metric tells the full story. See the BSP:BTRA11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fundo DE Investimento Imobiliario BTG Pactual Terras Agricolas aims to acquire productive agricultural land (rural and urban) undergoing transformation (opportunistically) located in the main regions of the Brazilian territory.
43GF Score
Get the complete analysis for BSP:BTRA11
3-Year ROIIC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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