Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11) EV-to-EBIT: -7.98 (As of Aug. 05, 2026)

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:HOFC11 Hedge Office Income Fundo De Investimento Imobiliario BSP:HOFC11
47 GF Score
Price R$34.40
GF Value R$22.31
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Hedge Officeome Fundo De Investimento Imobiliario EV-to-EBIT?

Hedge Officeome Fundo De Investimento Imobiliario BSP:HOFC11 -0.20% 47 EV-to-EBIT is -7.98 as of Aug. 05, 2026. GuruFocus rates BSP:HOFC11 with a GF Score™ of 47/100 and a GF Value™ of R$22.31 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 655 REITs companies, Hedge Officeome Fundo De Investimento Imobiliario ranks worse than 152671.6% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hedge Officeome Fundo De Investimento Imobiliario's Enterprise Value is R$163.57 Mil. Hedge Officeome Fundo De Investimento Imobiliario's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R$-20.50 Mil. Therefore, Hedge Officeome Fundo De Investimento Imobiliario's EV-to-EBIT for today is -7.98.

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

BSP:HOFC11' s EV-to-EBIT Range Over the Past 10 Years
Min: -21.13   Med: -2.81   Max: 4.63
Current: -7.98

During the past 7 years, the highest EV-to-EBIT of Hedge Officeome Fundo De Investimento Imobiliario was 4.63. The lowest was -21.13. And the median was -2.81.

BSP:HOFC11's EV-to-EBIT is ranked worse than
100% of 655 companies
in the REITs industry
Industry Median: 18.2 vs BSP:HOFC11: -7.98

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Hedge Officeome Fundo De Investimento Imobiliario's Enterprise Value for the quarter that ended in Dec. 2025 was R$147.24 Mil. Hedge Officeome Fundo De Investimento Imobiliario's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R$-20.50 Mil. Hedge Officeome Fundo De Investimento Imobiliario's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -13.92%.


Hedge Officeome Fundo De Investimento Imobiliario  (BSP:HOFC11) 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) %.

Hedge Officeome Fundo De Investimento Imobiliario'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 )
=-20.496/147.24332
=-13.92 %

Hedge Officeome Fundo De Investimento Imobiliario's Enterprise Value for the quarter that ended in Dec. 2025 was R$147.24 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hedge Officeome Fundo De Investimento Imobiliario's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R$-20.50 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.


Hedge Officeome Fundo De Investimento Imobiliario EV-to-EBIT Related Terms


Hedge Officeome Fundo De Investimento Imobiliario EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Hedge Officeome Fundo De Investimento Imobiliario'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.

Hedge Officeome Fundo De Investimento Imobiliario EV-to-EBIT Chart

Hedge Officeome Fundo De Investimento Imobiliario Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial 0.00 0.00 -2.06 -18.20 -7.18

Hedge Officeome Fundo De Investimento Imobiliario Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT Get a 7-Day Free Trial 0.00 0.00 -2.06 -18.20 -7.18

BSP:HOFC11 vs BXP, ARE, VNO: EV-to-EBIT Comparison

For the REIT - Office subindustry, Hedge Officeome Fundo De Investimento Imobiliario'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.


Hedge Officeome Fundo De Investimento Imobiliario EV-to-EBIT vs REITs Industry

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

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


BSP:HOFC11
47GF Score
Hedge Office Income Fundo De Investimento Imobiliario BSP:HOFC11
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hedge Officeome Fundo De Investimento Imobiliario EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=163.569/-20.496
=-7.98

Hedge Officeome Fundo De Investimento Imobiliario's current Enterprise Value is R$163.57 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hedge Officeome Fundo De Investimento Imobiliario's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R$-20.50 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 -7.98 mean?
Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11) has a EV-to-EBIT of -7.98 as of Aug. 05, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Hedge Officeome Fundo De Investimento Imobiliario and its competitors. According to the industry distribution chart, Hedge Officeome Fundo De Investimento Imobiliario ranks #999999 out of 655 companies in the REITs industry.
Is Hedge Officeome Fundo De Investimento Imobiliario's EV-to-EBIT too high?
Hedge Officeome Fundo De Investimento Imobiliario's current EV-to-EBIT is -7.98. Based on the distribution chart, Hedge Officeome Fundo De Investimento Imobiliario ranks #999999 out of 655 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Hedge Officeome Fundo De Investimento Imobiliario has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hedge Officeome Fundo De Investimento Imobiliario's EV-to-EBIT compare to BXP and ARE?
According to the REITs industry distribution chart, Hedge Officeome Fundo De Investimento Imobiliario ranks #999999 out of 655 companies for EV-to-EBIT. This places Hedge Officeome Fundo De Investimento Imobiliario in the lower half of its industry. The industry median EV-to-EBIT is 18.20. 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 18.20, based on 655 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. 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 Hedge Officeome Fundo De Investimento Imobiliario and its competitors. For the REITs industry, the median EV-to-EBIT is 18.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hedge Officeome Fundo De Investimento Imobiliario's current EV-to-EBIT is -7.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hedge Officeome Fundo De Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11) is currently considered Significantly Overvalued. The stock's GF Value™ is R$22.31, compared to a current price of R$34.40 — trading 54.2% above its estimated fair value. The current EV-to-EBIT is -7.98. Hedge Officeome Fundo De Investimento Imobiliario's overall GF Score™ is 47/100 with 9 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 Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11), the current EV-to-EBIT is -7.98 as of Aug. 05, 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 Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11) Overvalued in 2026?

Based on GuruFocus' analysis, Hedge Officeome Fundo De Investimento Imobiliario stock appears to be overvalued. The current stock price of R$34.40 is trading 54.2% above its estimated GF Value™ of R$22.31. GuruFocus considers Hedge Officeome Fundo De Investimento Imobiliario to be Significantly Overvalued.

Key valuation signals for BSP:HOFC11:

  • EV-to-EBIT: -7.98
  • GF Value™: R$22.31 vs. price of R$34.40 (54.2% above fair value)
  • GF Score™: 47/100 with 9 warning signs

No single metric tells the full story. See the BSP:HOFC11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hedge Officeome Fundo De Investimento Imobiliario Business Description

Industry Real EstateREITs
Address Avenida Brigadeiro Faria Lima, 3600, 11th Floor, cj 112 - Itaim Bibi, Sao Paulo, SP, BRA, 04538-132
Hedge Office Income Fundo De Investimento Imobiliario operates as a corporate Real Estate Fund .The objective of the Fund is to obtain income and capital gains to be obtained through the exploration of a or more real estate projects, aimed at the office segment including slabs and corporate buildings being certain that in such office developments there may be certain properties intended for commercial, retail activities.
47GF Score

Get the complete analysis for BSP:HOFC11

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

R$34.40
Price
R$22.31
GF Value