Hedge Realty Development Fundo Investimento Imobiliario FII (BSP:HRDF11) Earnings per Share (Diluted): R$0.98 (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:HRDF11 Hedge Realty Development Fundo Investimento Imobiliario FII BSP:HRDF11
31 GF Score
Price R$3.98
View Full Analysis

What is Hedge Realty Development Fundo Investimento Imobiliario FII Earnings per Share (Diluted)?

Hedge Realty Development Fundo Investimento Imobiliario FII BSP:HRDF11 31 Earnings per Share (Diluted) is R$0.98 as of Dec. 2025. GuruFocus rates BSP:HRDF11 with a GF Score™ of 31/100. Among 655 REITs companies, Hedge Realty Development Fundo Investimento Imobiliario FII ranks better than 85.65% on this metric.

Hedge Realty Development Fundo Investimento Imobiliario FII's Earnings per Share (Diluted) for the six months ended in Dec. 2025 was R$0.98. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was R$0.98.

Hedge Realty Development Fundo Investimento Imobiliario FII's EPS (Basic) for the six months ended in Dec. 2025 was R$0.98. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2025 was R$0.98.

Hedge Realty Development Fundo Investimento Imobiliario FII's EPS without NRI for the six months ended in Dec. 2025 was R$0.35. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2025 was R$0.35.

During the past 3 years, the average EPS without NRIGrowth Rate was 31.30% per year.

During the past 8 years, Hedge Realty Development Fundo Investimento Imobiliario FII's highest 3-Year average EPS without NRI Growth Rate was 31.30% per year. The lowest was -67.20% per year. And the median was 17.50% per year.


Hedge Realty Development Fundo Investimento Imobiliario FII  (BSP:HRDF11) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Hedge Realty Development Fundo Investimento Imobiliario FII Earnings per Share (Diluted) Related Terms


Hedge Realty Development Fundo Investimento Imobiliario FII Earnings per Share (Diluted) Historical Data

* Premium members only.

The historical data trend for Hedge Realty Development Fundo Investimento Imobiliario FII's Earnings per Share (Diluted) 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.

Hedge Realty Development Fundo Investimento Imobiliario FII Earnings per Share (Diluted) Chart

Hedge Realty Development Fundo Investimento Imobiliario FII Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings per Share (Diluted)
Get a 7-Day Free Trial -2.41 -0.50 1.82 -0.26 0.98

Hedge Realty Development Fundo Investimento Imobiliario FII Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings per Share (Diluted) Get a 7-Day Free Trial -2.41 -0.50 1.82 -0.26 0.98

BSP:HRDF11 vs VICI, WPC: Earnings per Share (Diluted) Comparison

For the REIT - Diversified subindustry, Hedge Realty Development Fundo Investimento Imobiliario FII's PE Ratio, along with its competitors' market caps and PE Ratio 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.


Hedge Realty Development Fundo Investimento Imobiliario FII PE Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Hedge Realty Development Fundo Investimento Imobiliario FII's PE Ratio distribution charts can be found below:

* The bar in red indicates where Hedge Realty Development Fundo Investimento Imobiliario FII's PE Ratio falls into.


BSP:HRDF11
31GF Score
Hedge Realty Development Fundo Investimento Imobiliario FII BSP:HRDF11
Earnings per Share (Diluted) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hedge Realty Development Fundo Investimento Imobiliario FII Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

Hedge Realty Development Fundo Investimento Imobiliario FII's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2025 is calculated as

Diluted Earnings Per Share (A: Dec. 2025 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(1.486-0)/1.517
=0.98

Hedge Realty Development Fundo Investimento Imobiliario FII's Earnings Per Share (Diluted) for the quarter that ended in Dec. 2025 is calculated as

Diluted Earnings Per Share (Q: Dec. 2025 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(1.486-0)/1.517
=0.98

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was R$0.98

* 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 also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.

What does a Earnings per Share (Diluted) of R$0.98 mean?
Hedge Realty Development Fundo Investimento Imobiliario FII (BSP:HRDF11) has a Earnings per Share (Diluted) of R$0.98 as of Dec. 2025. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Hedge Realty Development Fundo Investimento Imobiliario FII and its competitors. According to the industry distribution chart, Hedge Realty Development Fundo Investimento Imobiliario FII ranks #94 out of 655 companies in the REITs industry, placing it in the top 14.4%.
Is Hedge Realty Development Fundo Investimento Imobiliario FII's Earnings per Share (Diluted) too high?
Hedge Realty Development Fundo Investimento Imobiliario FII's current Earnings per Share (Diluted) is R$0.98. Based on the distribution chart, Hedge Realty Development Fundo Investimento Imobiliario FII ranks #94 out of 655 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Hedge Realty Development Fundo Investimento Imobiliario FII has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Hedge Realty Development Fundo Investimento Imobiliario FII's Earnings per Share (Diluted) compare to VICI and WPC?
According to the REITs industry distribution chart, Hedge Realty Development Fundo Investimento Imobiliario FII ranks #94 out of 655 companies for Earnings per Share (Diluted). This places Hedge Realty Development Fundo Investimento Imobiliario FII in the top 14% of its industry — outperforming the majority of peers. The industry median Earnings per Share (Diluted) is 1.70. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings per Share (Diluted) for a REITs company?
The median Earnings per Share (Diluted) among REITs companies is 1.70, based on 655 companies in the industry. Companies in the top quartile (top 25%) have a Earnings per Share (Diluted) significantly above this median, while those in the bottom quartile fall well below. However, Earnings per Share (Diluted) 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 Earnings per Share (Diluted) mean?
A high Earnings per Share (Diluted) can signal that a stock is expensive relative to its fundamentals. Diluted EPS equals net earnings divided by average shares outstanding, including dilutive securities. View historical data on Hedge Realty Development Fundo Investimento Imobiliario FII and its competitors. For the REITs industry, the median Earnings per Share (Diluted) is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hedge Realty Development Fundo Investimento Imobiliario FII's current Earnings per Share (Diluted) is R$0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hedge Realty Development Fundo Investimento Imobiliario FII stock overvalued right now?
Hedge Realty Development Fundo Investimento Imobiliario FII (BSP:HRDF11) has a current Earnings per Share (Diluted) of R$0.98. The current Earnings per Share (Diluted) is R$0.98. Hedge Realty Development Fundo Investimento Imobiliario FII's overall GF Score™ is 31/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings per Share (Diluted) calculated?
Earnings per Share (Diluted) is calculated from a company's financial statements. For Hedge Realty Development Fundo Investimento Imobiliario FII (BSP:HRDF11), the current Earnings per Share (Diluted) is R$0.98 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.

Hedge Realty Development Fundo Investimento Imobiliario FII Business Description

Industry Real EstateREITs
Address Avenue Horacio Lafer, 160, 9th Floor, Itaim Bibi, Sao Paulo, BRA
Hedge Realty Development Fundo Investimento Imobiliario FII is a closed-end fund. The Fund's objective is to provide its shareholders with long-term appreciation and profitability of their shares, predominantly through investment.
31GF Score

Get the complete analysis for BSP:HRDF11

Earnings per Share (Diluted) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$3.98
Price