HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) EV-to-EBITDA: 6.40 (As of Aug. 17, 2026) — Near Median

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:HBRE3 HBR Realty Empreendimentos Imobiliarios SA BSP:HBRE3
66 GF Score
Price R$2.22
GF Value R$16.93
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is HBR Realty Empreendimentos Imobiliarios EV-to-EBITDA?

HBR Realty Empreendimentos Imobiliarios BSP:HBRE3 +0.91% 66 EV-to-EBITDA is 6.40 as of Aug. 17, 2026, which is 7% below its 10-year median of 6.85. GuruFocus rates BSP:HBRE3 with a GF Score™ of 66/100 and a GF Value™ of R$16.93 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,389 Real Estate companies, HBR Realty Empreendimentos Imobiliarios ranks better than 77.61% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, HBR Realty Empreendimentos Imobiliarios's enterprise value is R$2,390.1 Mil. HBR Realty Empreendimentos Imobiliarios's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was R$373.7 Mil. Therefore, HBR Realty Empreendimentos Imobiliarios's EV-to-EBITDA for today is 6.40.

The historical rank and industry rank for HBR Realty Empreendimentos Imobiliarios's EV-to-EBITDA or its related term are showing as below:

BSP:HBRE3' s EV-to-EBITDA Range Over the Past 10 Years
Min: 4.46   Med: 6.85   Max: 1021.46
Current: 6.4

During the past 6 years, the highest EV-to-EBITDA of HBR Realty Empreendimentos Imobiliarios was 1021.46. The lowest was 4.46. And the median was 6.85.

BSP:HBRE3's EV-to-EBITDA is ranked better than
77.61% of 1389 companies
in the Real Estate industry
Industry Median: 12.25 vs BSP:HBRE3: 6.40

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 (2026-08-17), HBR Realty Empreendimentos Imobiliarios's stock price is R$2.22. HBR Realty Empreendimentos Imobiliarios's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was R$0.332. Therefore, HBR Realty Empreendimentos Imobiliarios's PE Ratio (TTM) for today is 6.69.

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


HBR Realty Empreendimentos Imobiliarios  (BSP:HBRE3) 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.

HBR Realty Empreendimentos Imobiliarios's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.22/0.332
=6.69

HBR Realty Empreendimentos Imobiliarios's share price for today is R$2.22.
HBR Realty Empreendimentos Imobiliarios's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$0.332.

* 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?


HBR Realty Empreendimentos Imobiliarios EV-to-EBITDA Related Terms


HBR Realty Empreendimentos Imobiliarios EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for HBR Realty Empreendimentos Imobiliarios'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.

HBR Realty Empreendimentos Imobiliarios EV-to-EBITDA Chart

HBR Realty Empreendimentos Imobiliarios Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial 5.68 7.10 5.17 8.52 8.12

HBR Realty Empreendimentos Imobiliarios Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.93 9.08 9.23 8.12 6.60

BSP:HBRE3 vs CBRE, BEKE, JLL: EV-to-EBITDA Comparison

For the Real Estate Services subindustry, HBR Realty Empreendimentos Imobiliarios'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.


HBR Realty Empreendimentos Imobiliarios EV-to-EBITDA vs Real Estate Industry

For the Real Estate industry and Real Estate sector, HBR Realty Empreendimentos Imobiliarios's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where HBR Realty Empreendimentos Imobiliarios's EV-to-EBITDA falls into.


BSP:HBRE3
66GF Score
HBR Realty Empreendimentos Imobiliarios SA BSP:HBRE3
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HBR Realty Empreendimentos Imobiliarios EV-to-EBITDA Calculation

HBR Realty Empreendimentos Imobiliarios's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=2390.079/373.657
=6.40

HBR Realty Empreendimentos Imobiliarios's current Enterprise Value is R$2,390.1 Mil.
HBR Realty Empreendimentos Imobiliarios's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$373.7 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 6.40 mean?
HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) has a EV-to-EBITDA of 6.40 as of Aug. 17, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on HBR Realty Empreendimentos Imobiliarios. This is near median its historical median of 6.85. Over the past decade, HBR Realty Empreendimentos Imobiliarios' EV-to-EBITDA has ranged from 4.46 to 1,021.46. According to the industry distribution chart, HBR Realty Empreendimentos Imobiliarios ranks #311 out of 1389 companies in the Real Estate industry, placing it in the top 22.4%.
Is HBR Realty Empreendimentos Imobiliarios' EV-to-EBITDA too high?
HBR Realty Empreendimentos Imobiliarios' current EV-to-EBITDA of 6.40 is near median its 10-year median of 6.85. Over the past 10 years, this metric has ranged from a low of 4.46 to a high of 1,021.46. The Real Estate industry median EV-to-EBITDA is 12.25. HBR Realty Empreendimentos Imobiliarios' value of 6.40 is 47.8% below this industry median. Based on the distribution chart, HBR Realty Empreendimentos Imobiliarios ranks #311 out of 1389 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, HBR Realty Empreendimentos Imobiliarios has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HBR Realty Empreendimentos Imobiliarios' EV-to-EBITDA compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, HBR Realty Empreendimentos Imobiliarios ranks #311 out of 1389 companies for EV-to-EBITDA. This places HBR Realty Empreendimentos Imobiliarios in the top 22% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 12.25. HBR Realty Empreendimentos Imobiliarios' value of 6.40 is 47.8% below this benchmark. Historically, HBR Realty Empreendimentos Imobiliarios' own EV-to-EBITDA has ranged from 4.46 to 1,021.46 over the past decade. While the company's 10-year median is 6.85 vs. the industry median of 12.25, HBR Realty Empreendimentos Imobiliarios 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-EBITDA for a Real Estate company?
The median EV-to-EBITDA among Real Estate companies is 12.25, based on 1,389 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. HBR Realty Empreendimentos Imobiliarios's current EV-to-EBITDA of 6.40 is 47.8% 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-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 HBR Realty Empreendimentos Imobiliarios. For the Real Estate industry, the median EV-to-EBITDA is 12.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HBR Realty Empreendimentos Imobiliarios's current EV-to-EBITDA is 6.40, which is near median its own 10-year median of 6.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HBR Realty Empreendimentos Imobiliarios stock overvalued right now?
Based on GuruFocus' analysis, HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) is currently considered Possible Value Trap. The stock's GF Value™ is R$16.93, compared to a current price of R$2.22 — trading 86.9% below its estimated fair value. The current EV-to-EBITDA is 6.40, which is near median its 10-year median of 6.85 and 47.8% below the Real Estate industry median of 12.25. HBR Realty Empreendimentos Imobiliarios' overall GF Score™ is 66/100 with 7 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 HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3), the current EV-to-EBITDA is 6.40 as of Aug. 17, 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 HBR Realty Empreendimentos Imobiliarios (BSP:HBRE3) Overvalued in 2026?

Based on GuruFocus' analysis, HBR Realty Empreendimentos Imobiliarios stock appears to be undervalued. The current stock price of R$2.22 is trading 86.9% below its estimated GF Value™ of R$16.93. GuruFocus considers HBR Realty Empreendimentos Imobiliarios to be Possible Value Trap.

Key valuation signals for BSP:HBRE3:

  • EV-to-EBITDA: 6.40 (near median its 10-year median of 6.85)
  • GF Value™: R$16.93 vs. price of R$2.22 (86.9% below fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 47.8% below the Real Estate median (#311 of 1389)

No single metric tells the full story. See the BSP:HBRE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HBR Realty Empreendimentos Imobiliarios Business Description

Address Avenida Vereador Narciso Yague Guimaraes, 1.145, 2nd Floor, Jardim Arenia, Helbor Concept- Edificio Corporate, Mogi das Cruzes, SP, BRA, CEP 08780-500
HBR Realty Empreendimentos Imobiliarios SA operates in the real estate development and management division. The company's business is focused on urban properties, distributed over four main platforms that house the developed and developing asset classes. These platforms are ComVem, HBR3A, HBR Malls, and HBR Opportunities. ComVem is a platform dedicated towards the development and administration of convenience centers; the HBR 3A platform is dedicated to the development and management of corporate buildings; the HBR Malls platform is dedicated to the acquisition, development, and management of shopping centers; and HBR Opportunities platform brings together assets of various classes, such as built to suits, development, and management of hotels, parking lots, and others.
66GF Score

Get the complete analysis for BSP:HBRE3

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

R$2.22
Price
R$16.93
GF Value