Fundo De Investimento Imobiliario Athena I (BSP:FATN11) EV-to-EBIT: 12.24 (As of Aug. 23, 2026) — 15% Above Median

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BSP:FATN11 Fundo De Investimento Imobiliario Athena I BSP:FATN11
62 GF Score
Price R$77.58
GF Value R$72.37
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Fundo De Investimento Imobiliario Athena I EV-to-EBIT?

Fundo De Investimento Imobiliario Athena I BSP:FATN11 +0.69% 62 EV-to-EBIT is 12.24 as of Aug. 23, 2026, which is 15% above its 10-year median of 10.68. GuruFocus rates BSP:FATN11 with a GF Score™ of 62/100 and a GF Value™ of R$72.37 (Fairly Valued). The stock has 4 warning signs investors should review. Among 654 REITs companies, Fundo De Investimento Imobiliario Athena I ranks better than 69.72% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Fundo De Investimento Imobiliario Athena I's Enterprise Value is R$406.90 Mil. Fundo De Investimento Imobiliario Athena I's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R$33.25 Mil. Therefore, Fundo De Investimento Imobiliario Athena I's EV-to-EBIT for today is 12.24.

The historical rank and industry rank for Fundo De Investimento Imobiliario Athena I's EV-to-EBIT or its related term are showing as below:

BSP:FATN11' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.33   Med: 10.68   Max: 14.54
Current: 12.24

During the past 6 years, the highest EV-to-EBIT of Fundo De Investimento Imobiliario Athena I was 14.54. The lowest was 6.33. And the median was 10.68.

BSP:FATN11's EV-to-EBIT is ranked better than
69.72% of 654 companies
in the REITs industry
Industry Median: 17.82 vs BSP:FATN11: 12.24

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Fundo De Investimento Imobiliario Athena I's Enterprise Value for the quarter that ended in Dec. 2025 was R$449.84 Mil. Fundo De Investimento Imobiliario Athena I's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R$33.25 Mil. Fundo De Investimento Imobiliario Athena I's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 7.39%.


Fundo De Investimento Imobiliario Athena I  (BSP:FATN11) 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 Athena I'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 )
=33.246/449.84317
=7.39 %

Fundo De Investimento Imobiliario Athena I's Enterprise Value for the quarter that ended in Dec. 2025 was R$449.84 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fundo De Investimento Imobiliario Athena I's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R$33.25 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 Athena I EV-to-EBIT Related Terms


Fundo De Investimento Imobiliario Athena I EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Fundo De Investimento Imobiliario Athena I'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 Athena I EV-to-EBIT Chart

Fundo De Investimento Imobiliario Athena I Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial 0.00 10.33 7.64 12.79 13.53

Fundo De Investimento Imobiliario Athena I Semi-Annual Data
Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT Get a 7-Day Free Trial 0.00 10.33 7.64 12.79 13.53

BSP:FATN11 vs EQIX, AMT, DLR: EV-to-EBIT Comparison

For the REIT - Specialty subindustry, Fundo De Investimento Imobiliario Athena I'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 Athena I EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, Fundo De Investimento Imobiliario Athena I's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Fundo De Investimento Imobiliario Athena I's EV-to-EBIT falls into.


BSP:FATN11
62GF Score
Fundo De Investimento Imobiliario Athena I BSP:FATN11
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fundo De Investimento Imobiliario Athena I EV-to-EBIT Calculation

Fundo De Investimento Imobiliario Athena I's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=406.898/33.246
=12.24

Fundo De Investimento Imobiliario Athena I's current Enterprise Value is R$406.90 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Fundo De Investimento Imobiliario Athena I's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R$33.25 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 12.24 mean?
Fundo De Investimento Imobiliario Athena I (BSP:FATN11) has a EV-to-EBIT of 12.24 as of Aug. 23, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Fundo De Investimento Imobiliario Athena I and its competitors. This is 15% above median its historical median of 10.68. Over the past decade, Fundo De Investimento Imobiliario Athena I's EV-to-EBIT has ranged from 6.33 to 14.54. According to the industry distribution chart, Fundo De Investimento Imobiliario Athena I ranks #198 out of 654 companies in the REITs industry, placing it in the top 30.3%.
Is Fundo De Investimento Imobiliario Athena I's EV-to-EBIT too high?
Fundo De Investimento Imobiliario Athena I's current EV-to-EBIT of 12.24 is 15% above median its 10-year median of 10.68. Over the past 10 years, this metric has ranged from a low of 6.33 to a high of 14.54. The REITs industry median EV-to-EBIT is 17.82. Fundo De Investimento Imobiliario Athena I's value of 12.24 is 31.3% below this industry median. Based on the distribution chart, Fundo De Investimento Imobiliario Athena I ranks #198 out of 654 companies in the REITs industry, which is above the industry midpoint. Overall, Fundo De Investimento Imobiliario Athena I has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fundo De Investimento Imobiliario Athena I's EV-to-EBIT compare to EQIX and AMT?
According to the REITs industry distribution chart, Fundo De Investimento Imobiliario Athena I ranks #198 out of 654 companies for EV-to-EBIT. This puts Fundo De Investimento Imobiliario Athena I in the upper half of its industry. The industry median EV-to-EBIT is 17.82. Fundo De Investimento Imobiliario Athena I's value of 12.24 is 31.3% below this benchmark. Historically, Fundo De Investimento Imobiliario Athena I's own EV-to-EBIT has ranged from 6.33 to 14.54 over the past decade. While the company's 10-year median is 10.68 vs. the industry median of 17.82, Fundo De Investimento Imobiliario Athena I has consistently been below 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 17.82, based on 654 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 Athena I's current EV-to-EBIT of 12.24 is 31.3% below 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 Athena I and its competitors. For the REITs industry, the median EV-to-EBIT is 17.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundo De Investimento Imobiliario Athena I's current EV-to-EBIT is 12.24, which is 15% above median its own 10-year median of 10.68. 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 Athena I stock overvalued right now?
Based on GuruFocus' analysis, Fundo De Investimento Imobiliario Athena I (BSP:FATN11) is currently considered Fairly Valued. The stock's GF Value™ is R$72.37, compared to a current price of R$77.58 — trading 7.2% above its estimated fair value. The current EV-to-EBIT is 12.24, which is 15% above median its 10-year median of 10.68 and 31.3% below the REITs industry median of 17.82. Fundo De Investimento Imobiliario Athena I's overall GF Score™ is 62/100 with 4 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 Athena I (BSP:FATN11), the current EV-to-EBIT is 12.24 as of Aug. 23, 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.

Is Fundo De Investimento Imobiliario Athena I (BSP:FATN11) Overvalued in 2026?

Based on GuruFocus' analysis, Fundo De Investimento Imobiliario Athena I stock appears to be overvalued. The current stock price of R$77.58 is trading 7.2% above its estimated GF Value™ of R$72.37. GuruFocus considers Fundo De Investimento Imobiliario Athena I to be Fairly Valued.

Key valuation signals for BSP:FATN11:

  • EV-to-EBIT: 12.24 (15% above median its 10-year median of 10.68)
  • GF Value™: R$72.37 vs. price of R$77.58 (7.2% above fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 31.3% below the REITs median (#198 of 654)

No single metric tells the full story. See the BSP:FATN11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fundo De Investimento Imobiliario Athena I Business Description

Industry Real EstateREITs
Address Avenida das Nacoes Unidas, Sao Paulo, BRA, 11857
Fundo De Investimento Imobiliario Athena I is a real estate investment fund focused on acquiring and generating income from leasing of slabs.
62GF Score

Get the complete analysis for BSP:FATN11

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

R$77.58
Price
R$72.37
GF Value