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Octo Fundo De Investimento Imobiliario (BSP:OCRE11) Return-on-Tangible-Equity : 0.00% (As of Dec. 2023)


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What is Octo Fundo De Investimento Imobiliario Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Octo Fundo De Investimento Imobiliario's annualized net income for the quarter that ended in Dec. 2023 was R$0.00 Mil. Octo Fundo De Investimento Imobiliario's average shareholder tangible equity for the quarter that ended in Dec. 2023 was R$28.79 Mil. Therefore, Octo Fundo De Investimento Imobiliario's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 0.00%.

The historical rank and industry rank for Octo Fundo De Investimento Imobiliario's Return-on-Tangible-Equity or its related term are showing as below:

BSP:OCRE11's Return-on-Tangible-Equity is not ranked *
in the Asset Management industry.
Industry Median: 4.98
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Octo Fundo De Investimento Imobiliario Return-on-Tangible-Equity Historical Data

The historical data trend for Octo Fundo De Investimento Imobiliario's Return-on-Tangible-Equity 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.

* Premium members only.

Octo Fundo De Investimento Imobiliario Return-on-Tangible-Equity Chart

Octo Fundo De Investimento Imobiliario Annual Data
Trend Dec22 Dec23
Return-on-Tangible-Equity
- -

Octo Fundo De Investimento Imobiliario Semi-Annual Data
Dec22 Dec23
Return-on-Tangible-Equity - -

Competitive Comparison of Octo Fundo De Investimento Imobiliario's Return-on-Tangible-Equity

For the Asset Management subindustry, Octo Fundo De Investimento Imobiliario's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


Octo Fundo De Investimento Imobiliario's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Octo Fundo De Investimento Imobiliario's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Octo Fundo De Investimento Imobiliario's Return-on-Tangible-Equity falls into.



Octo Fundo De Investimento Imobiliario Return-on-Tangible-Equity Calculation

Octo Fundo De Investimento Imobiliario's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=0/( (28.253+29.322 )/ 2 )
=0/28.7875
=0.00 %

Octo Fundo De Investimento Imobiliario's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Dec. 2022 )(Q: Dec. 2023 )
=0/( (28.253+29.322)/ 2 )
=0/28.7875
=0.00 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is one times the annual (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Octo Fundo De Investimento Imobiliario  (BSP:OCRE11) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Octo Fundo De Investimento Imobiliario Return-on-Tangible-Equity Related Terms

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Octo Fundo De Investimento Imobiliario (BSP:OCRE11) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Pres Juscelino Kubitschek, 1726, 19 Andar- Vila Nova Conceicao, Sao Paulo, SP, BRA, 04543000
Octo Fundo De Investimento Imobiliario is intended for investors in general, including, but not limited to, natural or legal persons, investment funds, entities authorized to operate by the Central Bank of Brazil, insurance companies, private pension and capitalization entities, as well as non-public investors. The purpose of the Fund is to provide shareholders with income and capital gain, through the investment of their assets in the following target assets: shares of other real estate investment funds, certificates of real estate receivables, mortgage bills, real estate credit notes, guaranteed real estate bills, certificates of additional construction potential, issued based on Instruction, etc.

Octo Fundo De Investimento Imobiliario (BSP:OCRE11) Headlines

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