FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII (BSP:APXM11) EV-to-EBIT: 18.68 (As of Jul. 28, 2026) — 33% Below Median

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BSP:APXM11 FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII BSP:APXM11
14 GF Score
Price R$63.00
! 2 Warning Signs
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What is FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII EV-to-EBIT?

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII BSP:APXM11 -0.79% 14 EV-to-EBIT is 18.68 as of Jul. 28, 2026, which is 33% below its 10-year median of 27.82. GuruFocus rates BSP:APXM11 with a GF Score™ of 14/100. The stock has 2 warning signs investors should review. Among 658 REITs companies, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII ranks worse than 51.22% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Enterprise Value is R$175.33 Mil. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R$9.39 Mil. Therefore, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's EV-to-EBIT for today is 18.68.

The historical rank and industry rank for FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's EV-to-EBIT or its related term are showing as below:

BSP:APXM11' s EV-to-EBIT Range Over the Past 10 Years
Min: 18.68   Med: 27.82   Max: 33.17
Current: 18.68

During the past 4 years, the highest EV-to-EBIT of FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII was 33.17. The lowest was 18.68. And the median was 27.82.

BSP:APXM11's EV-to-EBIT is ranked worse than
51.22% of 658 companies
in the REITs industry
Industry Median: 18.25 vs BSP:APXM11: 18.68

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Enterprise Value for the quarter that ended in Dec. 2025 was R$251.56 Mil. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R$9.39 Mil. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 3.73%.


FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII  (BSP:APXM11) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2025 ) =EBIT / Enterprise Value (Q: Dec. 2025 )
=9.387/251.56355
=3.73 %

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Enterprise Value for the quarter that ended in Dec. 2025 was R$251.56 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R$9.39 Mil.

* 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 APEX MALLS FII EV-to-EBIT Related Terms


FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's EV-to-EBIT 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 APEX MALLS FII EV-to-EBIT Chart

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Annual Data
Trend Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
0.00 30.73 31.36 26.80

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
EV-to-EBIT 0.00 30.73 31.36 26.80

BSP:APXM11 vs SPG, O, KIM: EV-to-EBIT Comparison

For the REIT - Retail subindustry, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 APEX MALLS FII EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's EV-to-EBIT falls into.


BSP:APXM11
14GF Score
FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII BSP:APXM11
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII EV-to-EBIT Calculation

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=175.331/9.387
=18.68

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's current Enterprise Value is R$175.33 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R$9.39 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 18.68 mean?
FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII (BSP:APXM11) has a EV-to-EBIT of 18.68 as of Jul. 28, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII and its competitors. This is 33% below median its historical median of 27.82. Over the past decade, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's EV-to-EBIT has ranged from 18.68 to 33.17. According to the industry distribution chart, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII ranks #337 out of 658 companies in the REITs industry, placing it in the top 51.2%.
Is FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's EV-to-EBIT too high?
FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's current EV-to-EBIT of 18.68 is 33% below median its 10-year median of 27.82. Over the past 10 years, this metric has ranged from a low of 18.68 to a high of 33.17. The REITs industry median EV-to-EBIT is 18.25. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's value of 18.68 is 2.4% above this industry median. Based on the distribution chart, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII ranks #337 out of 658 companies in the REITs industry, which is below the industry midpoint. Overall, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's EV-to-EBIT compare to SPG and O?
According to the REITs industry distribution chart, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII ranks #337 out of 658 companies for EV-to-EBIT. This places FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII in the lower half of its industry. The industry median EV-to-EBIT is 18.25. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's value of 18.68 is 2.4% above this benchmark. Historically, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's own EV-to-EBIT has ranged from 18.68 to 33.17 over the past decade. While the company's 10-year median is 27.82 vs. the industry median of 18.25, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS 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 EV-to-EBIT for a REITs company?
The median EV-to-EBIT among REITs companies is 18.25, based on 658 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's current EV-to-EBIT of 18.68 is 2.4% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII and its competitors. For the REITs industry, the median EV-to-EBIT is 18.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's current EV-to-EBIT is 18.68, which is 33% below median its own 10-year median of 27.82. 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 APEX MALLS FII stock overvalued right now?
FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII (BSP:APXM11) has a current EV-to-EBIT of 18.68. The current EV-to-EBIT is 18.68, which is 33% below median its 10-year median of 27.82 and 2.4% above the REITs industry median of 18.25. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's overall GF Score™ is 14/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII (BSP:APXM11), the current EV-to-EBIT is 18.68 as of Jul. 28, 2026. 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.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Business Description

Industry Real EstateREITs
Address Praia de Botafogo, 501 - 6th Floor (part, Torre Corcovado, RIO DE JANEIRO, RJ, BRA, 22250040
FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII was established as a condominium. The Fund's objective is to invest in real estate ventures, in completed properties, land, or properties under construction intended for exploitation of commercial activities, especially, but not limited to, shopping centers.
14GF Score

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

R$63.00
Price