Hedge Realty Development Fundo Investimento Imobiliario FII (BSP:HRDF11) EV-to-OCF: 189.63 (As of Aug. 22, 2026) — 5646% Above Median

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BSP:HRDF11 Hedge Realty Development Fundo Investimento Imobiliario FII BSP:HRDF11
29 GF Score
Price R$4.00
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What is Hedge Realty Development Fundo Investimento Imobiliario FII EV-to-OCF?

Hedge Realty Development Fundo Investimento Imobiliario FII BSP:HRDF11 -1.72% 29 EV-to-OCF is 189.63 as of Aug. 22, 2026, which is 5646% above its 10-year median of 3.30. GuruFocus rates BSP:HRDF11 with a GF Score™ of 29/100. Among 924 REITs companies, Hedge Realty Development Fundo Investimento Imobiliario FII ranks worse than 98.59% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Hedge Realty Development Fundo Investimento Imobiliario FII's Enterprise Value is R$6.07 Mil. Hedge Realty Development Fundo Investimento Imobiliario FII's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was R$0.03 Mil. Therefore, Hedge Realty Development Fundo Investimento Imobiliario FII's EV-to-OCF for today is 189.63.

The historical rank and industry rank for Hedge Realty Development Fundo Investimento Imobiliario FII's EV-to-OCF or its related term are showing as below:

BSP:HRDF11' s EV-to-OCF Range Over the Past 10 Years
Min: -858.2   Med: 3.3   Max: 307.13
Current: 237.03

During the past 8 years, the highest EV-to-OCF of Hedge Realty Development Fundo Investimento Imobiliario FII was 307.13. The lowest was -858.20. And the median was 3.30.

BSP:HRDF11's EV-to-OCF is ranked worse than
98.59% of 924 companies
in the REITs industry
Industry Median: 18.15 vs BSP:HRDF11: 237.03

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

As of today (2026-08-22), Hedge Realty Development Fundo Investimento Imobiliario FII's stock price is R$4.00. Hedge Realty Development Fundo Investimento Imobiliario FII's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was R$0.979. Therefore, Hedge Realty Development Fundo Investimento Imobiliario FII's PE Ratio (TTM) for today is 4.09.


Hedge Realty Development Fundo Investimento Imobiliario FII  (BSP:HRDF11) EV-to-OCF Explanation

EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

Hedge Realty Development Fundo Investimento Imobiliario FII's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=4.00/0.979
=4.09

Hedge Realty Development Fundo Investimento Imobiliario FII's share price for today is R$4.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hedge Realty Development Fundo Investimento Imobiliario FII's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was R$0.979.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Hedge Realty Development Fundo Investimento Imobiliario FII EV-to-OCF Related Terms


Hedge Realty Development Fundo Investimento Imobiliario FII EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Hedge Realty Development Fundo Investimento Imobiliario FII's EV-to-OCF 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 Realty Development Fundo Investimento Imobiliario FII EV-to-OCF Chart

Hedge Realty Development Fundo Investimento Imobiliario FII Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
Get a 7-Day Free Trial -58.02 28.29 25.91 -385.40 163.02

Hedge Realty Development Fundo Investimento Imobiliario FII Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF Get a 7-Day Free Trial -58.02 28.29 25.91 -385.40 163.02

BSP:HRDF11 vs VICI, WPC: EV-to-OCF Comparison

For the REIT - Diversified subindustry, Hedge Realty Development Fundo Investimento Imobiliario FII's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 Realty Development Fundo Investimento Imobiliario FII EV-to-OCF vs REITs Industry

For the REITs industry and Real Estate sector, Hedge Realty Development Fundo Investimento Imobiliario FII's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Hedge Realty Development Fundo Investimento Imobiliario FII's EV-to-OCF falls into.


BSP:HRDF11
29GF Score
Hedge Realty Development Fundo Investimento Imobiliario FII BSP:HRDF11
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
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Hedge Realty Development Fundo Investimento Imobiliario FII EV-to-OCF Calculation

Hedge Realty Development Fundo Investimento Imobiliario FII's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=6.068/0.032
=189.63

Hedge Realty Development Fundo Investimento Imobiliario FII's current Enterprise Value is R$6.07 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hedge Realty Development Fundo Investimento Imobiliario FII's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was R$0.03 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-OCF →
What does a EV-to-OCF of 189.63 mean?
Hedge Realty Development Fundo Investimento Imobiliario FII (BSP:HRDF11) has a EV-to-OCF of 189.63 as of Aug. 22, 2026. This is 5646% above median its historical median of 3.30. According to the industry distribution chart, Hedge Realty Development Fundo Investimento Imobiliario FII ranks #911 out of 924 companies in the REITs industry, placing it in the top 98.6%.
Is Hedge Realty Development Fundo Investimento Imobiliario FII's EV-to-OCF too high?
Hedge Realty Development Fundo Investimento Imobiliario FII's current EV-to-OCF of 189.63 is 5646% above median its 10-year median of 3.30. The REITs industry median EV-to-OCF is 18.15. Hedge Realty Development Fundo Investimento Imobiliario FII's value of 189.63 is 944.8% above this industry median. Based on the distribution chart, Hedge Realty Development Fundo Investimento Imobiliario FII ranks #911 out of 924 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Hedge Realty Development Fundo Investimento Imobiliario FII has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Hedge Realty Development Fundo Investimento Imobiliario FII's EV-to-OCF compare to VICI and WPC?
According to the REITs industry distribution chart, Hedge Realty Development Fundo Investimento Imobiliario FII ranks #911 out of 924 companies for EV-to-OCF. This places Hedge Realty Development Fundo Investimento Imobiliario FII in the lower half of its industry. The industry median EV-to-OCF is 18.15. Hedge Realty Development Fundo Investimento Imobiliario FII's value of 189.63 is 944.8% above this benchmark. While the company's 10-year median is 3.30 vs. the industry median of 18.15, Hedge Realty Development Fundo Investimento Imobiliario 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-OCF for a REITs company?
The median EV-to-OCF among REITs companies is 18.15, based on 924 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hedge Realty Development Fundo Investimento Imobiliario FII's current EV-to-OCF of 189.63 is 944.8% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the REITs industry, the median EV-to-OCF is 18.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hedge Realty Development Fundo Investimento Imobiliario FII's current EV-to-OCF is 189.63, which is 5646% above median its own 10-year median of 3.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hedge Realty Development Fundo Investimento Imobiliario FII stock overvalued right now?
Hedge Realty Development Fundo Investimento Imobiliario FII (BSP:HRDF11) has a current EV-to-OCF of 189.63. The current EV-to-OCF is 189.63, which is 5646% above median its 10-year median of 3.30 and 944.8% above the REITs industry median of 18.15. Hedge Realty Development Fundo Investimento Imobiliario FII's overall GF Score™ is 29/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Hedge Realty Development Fundo Investimento Imobiliario FII (BSP:HRDF11), the current EV-to-OCF is 189.63 as of Aug. 22, 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.

Hedge Realty Development Fundo Investimento Imobiliario FII Business Description

Industry Real EstateREITs
Address Avenue Horacio Lafer, 160, 9th Floor, Itaim Bibi, Sao Paulo, BRA
Hedge Realty Development Fundo Investimento Imobiliario FII is a closed-end fund. The Fund's objective is to provide its shareholders with long-term appreciation and profitability of their shares, predominantly through investment.
29GF Score

Get the complete analysis for BSP:HRDF11

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

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