Fundo DE Investimento Imobiliario Votorantim Shopping (BSP:VSHO11) Asset Turnover: 0.14 (As of Jun. 2025)

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BSP:VSHO11 Fundo DE Investimento Imobiliario Votorantim Shopping BSP:VSHO11
78 GF Score
Price R$73.77
GF Value R$86.51
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Fundo DE Investimento Imobiliario Votorantim Shopping Asset Turnover?

Fundo DE Investimento Imobiliario Votorantim Shopping BSP:VSHO11 -0.50% 78 Asset Turnover is 0.14 as of Jun. 2025. GuruFocus rates BSP:VSHO11 with a GF Score™ of 78/100 and a GF Value™ of R$86.51 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Fundo DE Investimento Imobiliario Votorantim Shopping's Revenue for the six months ended in Jun. 2025 was R$32.64 Mil. Fundo DE Investimento Imobiliario Votorantim Shopping's Total Assets for the quarter that ended in Jun. 2025 was R$231.65 Mil. Therefore, Fundo DE Investimento Imobiliario Votorantim Shopping's Asset Turnover for the quarter that ended in Jun. 2025 was 0.14.

Asset Turnover is linked to ROE % through Du Pont Formula. Fundo DE Investimento Imobiliario Votorantim Shopping's annualized ROE % for the quarter that ended in Jun. 2025 was 35.65%. It is also linked to ROA % through Du Pont Formula. Fundo DE Investimento Imobiliario Votorantim Shopping's annualized ROA % for the quarter that ended in Jun. 2025 was 35.29%.


Fundo DE Investimento Imobiliario Votorantim Shopping  (BSP:VSHO11) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Fundo DE Investimento Imobiliario Votorantim Shopping's annulized ROE % for the quarter that ended in Jun. 2025 is

ROE %**(Q: Jun. 2025 )
=Net Income/Total Stockholders Equity
=81.76/229.324
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(81.76 / 65.282)*(65.282 / 231.653)*(231.653/ 229.324)
=Net Margin %*Asset Turnover*Equity Multiplier
=125.24 %*0.2818*1.0102
=ROA %*Equity Multiplier
=35.29 %*1.0102
=35.65 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2025) net income data. The Revenue data used here is two times the semi-annual (Jun. 2025) revenue 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Fundo DE Investimento Imobiliario Votorantim Shopping's annulized ROA % for the quarter that ended in Jun. 2025 is

ROA %(Q: Jun. 2025 )
=Net Income/Total Assets
=81.76/231.653
=(Net Income / Revenue)*(Revenue / Total Assets)
=(81.76 / 65.282)*(65.282 / 231.653)
=Net Margin %*Asset Turnover
=125.24 %*0.2818
=35.29 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2025) net income data. The Revenue data used here is two times the semi-annual (Jun. 2025) revenue 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Fundo DE Investimento Imobiliario Votorantim Shopping Asset Turnover Related Terms


Fundo DE Investimento Imobiliario Votorantim Shopping Asset Turnover Historical Data

* Premium members only.

The historical data trend for Fundo DE Investimento Imobiliario Votorantim Shopping's Asset Turnover 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 Votorantim Shopping Asset Turnover Chart

Fundo DE Investimento Imobiliario Votorantim Shopping Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Asset Turnover
Get a 7-Day Free Trial 0.09 0.13 0.13 0.16 0.14

Fundo DE Investimento Imobiliario Votorantim Shopping Semi-Annual Data
Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Asset Turnover Get a 7-Day Free Trial 0.09 0.13 0.13 0.16 0.14

BSP:VSHO11 vs SPG, O, KIM: Asset Turnover Comparison

For the REIT - Retail subindustry, Fundo DE Investimento Imobiliario Votorantim Shopping's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Votorantim Shopping Asset Turnover vs REITs Industry

For the REITs industry and Real Estate sector, Fundo DE Investimento Imobiliario Votorantim Shopping's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Fundo DE Investimento Imobiliario Votorantim Shopping's Asset Turnover falls into.


BSP:VSHO11
78GF Score
Fundo DE Investimento Imobiliario Votorantim Shopping BSP:VSHO11
Asset Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Fundo DE Investimento Imobiliario Votorantim Shopping Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Fundo DE Investimento Imobiliario Votorantim Shopping's Asset Turnover for the fiscal year that ended in Jun. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Jun. 2025 )/( (Total Assets (A: Jun. 2024 )+Total Assets (A: Jun. 2025 ))/ count )
=32.641/( (219.325+243.981)/ 2 )
=32.641/231.653
=0.14

Fundo DE Investimento Imobiliario Votorantim Shopping's Asset Turnover for the quarter that ended in Jun. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Jun. 2025 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Jun. 2025 ))/ count )
=32.641/( (219.325+243.981)/ 2 )
=32.641/231.653
=0.14

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.14 mean?
Fundo DE Investimento Imobiliario Votorantim Shopping (BSP:VSHO11) has a Asset Turnover of 0.14 as of Jun. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Fundo DE Investimento Imobiliario Votorantim Shopping and its competitors.
Is Fundo DE Investimento Imobiliario Votorantim Shopping's Asset Turnover too high?
Fundo DE Investimento Imobiliario Votorantim Shopping's current Asset Turnover is 0.14. Overall, Fundo DE Investimento Imobiliario Votorantim Shopping has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fundo DE Investimento Imobiliario Votorantim Shopping's Asset Turnover compare to SPG and O?
Fundo DE Investimento Imobiliario Votorantim Shopping's Asset Turnover of 0.14 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Turnover for a REITs company?
A good Asset Turnover depends on the REITs industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on Fundo DE Investimento Imobiliario Votorantim Shopping and its competitors. Fundo DE Investimento Imobiliario Votorantim Shopping's current Asset Turnover is 0.14. 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 Votorantim Shopping stock overvalued right now?
Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario Votorantim Shopping (BSP:VSHO11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$86.51, compared to a current price of R$73.77 — trading 14.7% below its estimated fair value. The current Asset Turnover is 0.14. Fundo DE Investimento Imobiliario Votorantim Shopping's overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For Fundo DE Investimento Imobiliario Votorantim Shopping (BSP:VSHO11), the current Asset Turnover is 0.14 as of Jun. 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 Votorantim Shopping (BSP:VSHO11) Overvalued in 2026?

Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario Votorantim Shopping stock appears to be undervalued. The current stock price of R$73.77 is trading 14.7% below its estimated GF Value™ of R$86.51. GuruFocus considers Fundo DE Investimento Imobiliario Votorantim Shopping to be Modestly Undervalued.

Key valuation signals for BSP:VSHO11:

  • Asset Turnover: 0.14
  • GF Value™: R$86.51 vs. price of R$73.77 (14.7% below fair value)
  • GF Score™: 78/100 with 2 warning signs

No single metric tells the full story. See the BSP:VSHO11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fundo DE Investimento Imobiliario Votorantim Shopping Business Description

Industry Real EstateREITs
Address Avenida FARIA LIMA, 4300, 7th Floor, Sao Paulo, SP, BRA, 4538132
Fundo DE Investimento Imobiliario Votorantim Shopping is a closed-end fund with an indefinite term, divided into registered, book-entry shares that correspond to ideal fractions of its assets. The fund's objective is to provide shareholders with returns on their investment through the partial or total acquisition of real estate, real rights over real estate, including shares, units of special purpose entities or units of real estate investment funds, for the purpose of commercial exploitation of real estate ventures related to shopping centers and related activities, such as strip malls, outlets or power centers.
78GF Score

Get the complete analysis for BSP:VSHO11

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

R$73.77
Price
R$86.51
GF Value