Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) EV-to-OCF: -3.76 (As of Aug. 08, 2026)

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BSP:MFII11 Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario BSP:MFII11
49 GF Score
Price R$28.60
GF Value R$34.27
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario EV-to-OCF?

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario BSP:MFII11 -0.69% 49 EV-to-OCF is -3.76 as of Aug. 08, 2026. GuruFocus rates BSP:MFII11 with a GF Score™ of 49/100 and a GF Value™ of R$34.27 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 926 REITs companies, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario ranks better than 88.66% on this metric.

EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Enterprise Value is R$39.85 Mil. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was R$-10.61 Mil. Therefore, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's EV-to-OCF for today is -3.76.

The historical rank and industry rank for Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's EV-to-OCF or its related term are showing as below:

BSP:MFII11' s EV-to-OCF Range Over the Past 10 Years
Min: -37.25   Med: -14.42   Max: 39.9
Current: -17.92

During the past 5 years, the highest EV-to-OCF of Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario was 39.90. The lowest was -37.25. And the median was -14.42.

BSP:MFII11's EV-to-OCF is ranked better than
88.66% of 926 companies
in the REITs industry
Industry Median: 18.375 vs BSP:MFII11: -17.92

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 (2026-08-08), Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's stock price is R$28.60. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was R$10.379. Therefore, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's PE Ratio (TTM) for today is 2.76.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario  (BSP:MFII11) 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.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=28.60/10.379
=2.76

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's share price for today is R$28.60.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was R$10.379.

* 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.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario EV-to-OCF Related Terms


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario EV-to-OCF Historical Data

* Premium members only.

The historical data trend for Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario'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.

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario EV-to-OCF Chart

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF
-23.79 38.37 -13.15 39.94 -34.68

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Semi-Annual Data
Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-OCF 0.00 38.37 -13.15 39.94 -34.68

BSP:MFII11 vs VICI, WPC: EV-to-OCF Comparison

For the REIT - Diversified subindustry, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario'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.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario EV-to-OCF vs REITs Industry

For the REITs industry and Real Estate sector, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's EV-to-OCF distribution charts can be found below:

* The bar in red indicates where Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's EV-to-OCF falls into.


BSP:MFII11
49GF Score
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario BSP:MFII11
EV-to-OCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario EV-to-OCF Calculation

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's EV-to-OCF for today is calculated as:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=39.848/-10.609
=-3.76

Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's current Enterprise Value is R$39.85 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was R$-10.61 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 -3.76 mean?
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) has a EV-to-OCF of -3.76 as of Aug. 08, 2026. According to the industry distribution chart, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario ranks #105 out of 926 companies in the REITs industry, placing it in the top 11.3%.
Is Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's EV-to-OCF too high?
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's current EV-to-OCF is -3.76. Based on the distribution chart, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario ranks #105 out of 926 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's EV-to-OCF compare to VICI and WPC?
According to the REITs industry distribution chart, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario ranks #105 out of 926 companies for EV-to-OCF. This places Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario in the top 11% of its industry — outperforming the majority of peers. The industry median EV-to-OCF is 18.38. 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 18.38, based on 926 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. 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 18.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's current EV-to-OCF is -3.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$34.27, compared to a current price of R$28.60 — trading 16.5% below its estimated fair value. The current EV-to-OCF is -3.76. Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario's overall GF Score™ is 49/100 with 5 warning signs to review. 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 Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11), the current EV-to-OCF is -3.76 as of Aug. 08, 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 Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario (BSP:MFII11) Overvalued in 2026?

Based on GuruFocus' analysis, Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario stock appears to be undervalued. The current stock price of R$28.60 is trading 16.5% below its estimated GF Value™ of R$34.27. GuruFocus considers Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario to be Modestly Undervalued.

Key valuation signals for BSP:MFII11:

  • EV-to-OCF: -3.76
  • GF Value™: R$34.27 vs. price of R$28.60 (16.5% below fair value)
  • GF Score™: 49/100 with 5 warning signs

No single metric tells the full story. See the BSP:MFII11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario Business Description

Industry Real EstateREITs
Address Rua Funchal, 418 - 21 andar, Sao Paulo, SP, BRA, 04548-004
Merito Desenvolvimento Imobiliario I FII Fundo de Investimento Imobiliario is a real estate investment trust. It is engaged in the acquisition of interests in real estate development projects developed in partnership with developers.
49GF Score

Get the complete analysis for BSP:MFII11

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

R$28.60
Price
R$34.27
GF Value