FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII (BSP:APXM11) Enterprise Value: R$180.42 Mil (As of Jun. 28, 2026) ***


BSP:APXM11 FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII BSP:APXM11
14 GF Score
Price R$64.80
! 2 Warning Signs
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What is FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Enterprise Value?

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII BSP:APXM11 -1.82% 14 Enterprise Value is R$180.42 Mil as of Jun. 28, 2026. GuruFocus rates BSP:APXM11 with a GF Score™ of 14/100. The stock has 2 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Enterprise Value is R$180.42 Mil. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's EBIT 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-EBIT ratio for today is 19.22.

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$180.42 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 ratio for today is 19.22.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Enterprise Value is R$180.42 Mil. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was R$14.84 Mil. Therefore, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's EV-to-Revenue ratio for today is 12.16.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Enterprise Value is R$180.42 Mil. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was R$9.92 Mil. Therefore, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's EV-to-OCF ratio for today is 18.18.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Enterprise Value is R$180.42 Mil. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was R$7.58 Mil. Therefore, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's EV-to-FCF ratio for today is 23.79.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII  (BSP:APXM11) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=180.423/9.387
=19.22

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's current Enterprise Value is R$180.42 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R$9.39 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=180.423/9.387
=19.22

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's current Enterprise Value is R$180.42 Mil.
For company reported semi-annually or 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.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

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

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=180.423/14.839
=12.16

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's current Enterprise Value is R$180.42 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was R$14.84 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

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

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=180.423/9.922
=18.18

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's current Enterprise Value is R$180.42 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was R$9.92 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=180.423/7.583
=23.79

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's current Enterprise Value is R$180.42 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was R$7.58 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.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Enterprise Value Related Terms

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Enterprise Value Historical Data

* Premium members only.

The historical data trend for FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Enterprise Value 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 Enterprise Value Chart

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Enterprise Value
0.00 155.81 289.85 251.56

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Enterprise Value 0.00 155.81 289.85 251.56

BSP:APXM11 vs SPG, O, KIM: Enterprise Value Comparison

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

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

* The bar in red indicates where FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Enterprise Value falls into.


BSP:APXM11
14GF Score
FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII BSP:APXM11
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Enterprise Value (A: Dec. 2025 )
=Market Cap+Preferred Stock+Long-Term Debt & Capital Lease Obligation
=254.46855+0+0
+Short-Term Debt & Capital Lease Obligation+Minority Interest-Cash, Cash Equivalents, Marketable Securities
+0+0-2.905
=251.56

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Enterprise Value for the quarter that ended in Dec. 2025 is calculated as

Enterprise Value (Q: Dec. 2025 )
=Market Cap+Preferred Stock+Long-Term Debt & Capital Lease Obligation
=254.46855+0+0
+Short-Term Debt & Capital Lease Obligation+Minority Interest-Cash, Cash Equivalents, Marketable Securities
+0+0-2.905
=251.56

* 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 Enterprise Value →
What does a Enterprise Value of R$180.42 Mil mean?
FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII (BSP:APXM11) has a Enterprise Value of R$180.42 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII and its competitors.
Is FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Enterprise Value too high?
FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's current Enterprise Value is R$180.42 Mil. 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 Enterprise Value compare to SPG and O?
FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Enterprise Value of R$180.42 Mil can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a REITs company?
A good Enterprise Value depends on the REITs industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII and its competitors. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's current Enterprise Value is R$180.42 Mil. 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 Enterprise Value of R$180.42 Mil. The current Enterprise Value is R$180.42 Mil. 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 Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII (BSP:APXM11), the current Enterprise Value is R$180.42 Mil as of Jun. 28, 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

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

R$64.80
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