FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII (BSP:APXM11) EV-to-EBITDA: 18.87 (As of Jul. 29, 2026) — 32% Below Median

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BSP:APXM11 FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII BSP:APXM11
14 GF Score
Price R$63.65
! 2 Warning Signs
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What is FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII EV-to-EBITDA?

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII BSP:APXM11 +1.03% 14 EV-to-EBITDA is 18.87 as of Jul. 29, 2026, which is 32% 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 675 REITs companies, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII ranks worse than 65.78% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's enterprise value is R$177.17 Mil. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's EBITDA 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-EBITDA for today is 18.87.

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

BSP:APXM11' s EV-to-EBITDA Range Over the Past 10 Years
Min: 18.68   Med: 27.82   Max: 33.17
Current: 18.88

During the past 4 years, the highest EV-to-EBITDA 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-EBITDA is ranked worse than
65.78% of 675 companies
in the REITs industry
Industry Median: 15.56 vs BSP:APXM11: 18.88

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-07-29), FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's stock price is R$63.65. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was R$-15.380. Therefore, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


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

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=63.65/-15.380
=At Loss

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's share price for today is R$63.65.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was R$-15.380.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII EV-to-EBITDA Related Terms


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

* Premium members only.

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

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

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

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

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

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

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


BSP:APXM11
14GF Score
FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII BSP:APXM11
EV-to-EBITDA 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-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=177.170/9.387
=18.87

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's current Enterprise Value is R$177.17 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's EBITDA 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-EBITDA →
What does a EV-to-EBITDA of 18.87 mean?
FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII (BSP:APXM11) has a EV-to-EBITDA of 18.87 as of Jul. 29, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII. This is 32% below median its historical median of 27.82. Over the past decade, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's EV-to-EBITDA has ranged from 18.68 to 33.17. According to the industry distribution chart, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII ranks #444 out of 675 companies in the REITs industry, placing it in the top 65.8%.
Is FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's EV-to-EBITDA too high?
FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's current EV-to-EBITDA of 18.87 is 32% 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-EBITDA is 15.56. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's value of 18.87 is 21.3% above this industry median. Based on the distribution chart, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII ranks #444 out of 675 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-EBITDA compare to SPG and O?
According to the REITs industry distribution chart, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII ranks #444 out of 675 companies for EV-to-EBITDA. This places FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII in the lower half of its industry. The industry median EV-to-EBITDA is 15.56. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's value of 18.87 is 21.3% above this benchmark. Historically, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's own EV-to-EBITDA 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 15.56, 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-EBITDA for a REITs company?
The median EV-to-EBITDA among REITs companies is 15.56, based on 675 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA 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-EBITDA of 18.87 is 21.3% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII. For the REITs industry, the median EV-to-EBITDA is 15.56 — 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-EBITDA is 18.87, which is 32% 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-EBITDA of 18.87. The current EV-to-EBITDA is 18.87, which is 32% below median its 10-year median of 27.82 and 21.3% above the REITs industry median of 15.56. 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII (BSP:APXM11), the current EV-to-EBITDA is 18.87 as of Jul. 29, 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

Get the complete analysis for BSP:APXM11

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

R$63.65
Price