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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.
Btsp II Fundo DE Investimento Imobiliario FII's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 7.05%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Btsp II Fundo DE Investimento Imobiliario FII (BSP:BTSI11) 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.
Btsp II Fundo DE Investimento Imobiliario FII 3-Year ROIIC % Related Terms
Btsp II Fundo DE Investimento Imobiliario FII 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.
Btsp II Fundo DE Investimento Imobiliario FII 3-Year ROIIC % Chart
Btsp II Fundo DE Investimento Imobiliario FII Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
3-Year ROIIC %
0.00
0.00
0.00
0.00
7.05
Btsp II Fundo DE Investimento Imobiliario FII Semi-Annual Data
Dec21
Dec22
Dec23
Dec24
Dec25
3-Year ROIIC %
0.00
0.00
0.00
0.00
7.05
BSP:BTSI11 vs PLD, PSA, EXR: 3-Year ROIIC % Comparison
For the REIT - Industrial subindustry, Btsp II Fundo DE Investimento Imobiliario FII's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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.
Btsp II Fundo DE Investimento Imobiliario FII 3-Year ROIIC % vs REITs Industry
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 46.707 (Dec. 2025) - 0.623 (Dec. 2022) )
/
( 787.567 (Dec. 2025) - 134.047 (Dec. 2022) )
=
46.084
/
653.52
=
7.05%***
* 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.
Btsp II Fundo DE Investimento Imobiliario FII (BSP:BTSI11) has a 3-Year ROIIC % of 7.05 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 Btsp II Fundo DE Investimento Imobiliario FII and its competitors. This is near median its historical median of 7.05. Over the past decade, Btsp II Fundo DE Investimento Imobiliario FII's 3-Year ROIIC % has ranged from 7.05 to 7.05.
Is Btsp II Fundo DE Investimento Imobiliario FII's 3-Year ROIIC % too high?
Btsp II Fundo DE Investimento Imobiliario FII's current 3-Year ROIIC % of 7.05 is near median its 10-year median of 7.05. Over the past 10 years, this metric has ranged from a low of 7.05 to a high of 7.05. The REITs industry median 3-Year ROIIC % is 3.64. Btsp II Fundo DE Investimento Imobiliario FII's value of 7.05 is 93.7% above this industry median. Overall, Btsp II Fundo DE Investimento Imobiliario FII has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Btsp II Fundo DE Investimento Imobiliario FII's 3-Year ROIIC % compare to PLD and PSA?
Btsp II Fundo DE Investimento Imobiliario FII's 3-Year ROIIC % of 7.05 can be compared against companies in the REITs industry. The industry median 3-Year ROIIC % is 3.64. Btsp II Fundo DE Investimento Imobiliario FII's value of 7.05 is 93.7% above this benchmark. Historically, Btsp II Fundo DE Investimento Imobiliario FII's own 3-Year ROIIC % has ranged from 7.05 to 7.05 over the past decade. While the company's 10-year median is 7.05 vs. the industry median of 3.64, Btsp II Fundo DE Investimento Imobiliario FII 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 3.64, 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. Btsp II Fundo DE Investimento Imobiliario FII's current 3-Year ROIIC % of 7.05 is 93.7% 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 Btsp II Fundo DE Investimento Imobiliario FII and its competitors. For the REITs industry, the median 3-Year ROIIC % is 3.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Btsp II Fundo DE Investimento Imobiliario FII's current 3-Year ROIIC % is 7.05, which is near median its own 10-year median of 7.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Btsp II Fundo DE Investimento Imobiliario FII stock overvalued right now?
Btsp II Fundo DE Investimento Imobiliario FII (BSP:BTSI11) has a current 3-Year ROIIC % of 7.05. The stock's GF Value™ is R$185.25, compared to a current price of R$109.17 — trading 41.1% below its estimated fair value. The current 3-Year ROIIC % is 7.05, which is near median its 10-year median of 7.05 and 93.7% above the REITs industry median of 3.64. Btsp II Fundo DE Investimento Imobiliario FII's overall GF Score™ is 14/100 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 Btsp II Fundo DE Investimento Imobiliario FII (BSP:BTSI11), the current 3-Year ROIIC % is 7.05 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 Btsp II Fundo DE Investimento Imobiliario FII (BSP:BTSI11) Overvalued in 2026?
Based on GuruFocus' analysis, Btsp II Fundo DE Investimento Imobiliario FII stock appears to be undervalued.
The current stock price of R$109.17 is trading 41.1% below its estimated GF Value™ of R$185.25.
Key valuation signals for BSP:BTSI11:
3-Year ROIIC %: 7.05 (near median its 10-year median of 7.05)
GF Value™: R$185.25 vs. price of R$109.17 (41.1% below fair value)
No single metric tells the full story. See the BSP:BTSI11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Btsp II Fundo DE Investimento Imobiliario FII is a closed end fund. The fund aims to develop real estate ventures focused on logistics and industrial operations, located in the Southeast and Midwest Regions, through the acquisition of land for construction or the acquisition of properties under construction or completed, for subsequent lease, rental or sale, including assets and rights related thereto, as well as other properties with potential income generation, and assets and rights related thereto.
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