Btsp II Fundo DE Investimento Imobiliario FII (BSP:BTSI11) Enterprise Value: R$695.33 Mil (As of Jul. 15, 2026) ***

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BSP:BTSI11 Btsp II Fundo DE Investimento Imobiliario FII BSP:BTSI11
14 GF Score
Price R$109.17
GF Value R$185.25
! 6 Warning Signs
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What is Btsp II Fundo DE Investimento Imobiliario FII Enterprise Value?

Btsp II Fundo DE Investimento Imobiliario FII BSP:BTSI11 14 Enterprise Value is R$695.33 Mil as of Jul. 15, 2026. GuruFocus rates BSP:BTSI11 with a GF Score™ of 14/100 and a GF Value™ of R$185.25. The stock has 6 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, Btsp II Fundo DE Investimento Imobiliario FII's Enterprise Value is R$695.33 Mil. Btsp II Fundo DE Investimento Imobiliario FII's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R$46.71 Mil. Therefore, Btsp II Fundo DE Investimento Imobiliario FII's EV-to-EBIT ratio for today is 14.89.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Btsp II Fundo DE Investimento Imobiliario FII's Enterprise Value is R$695.33 Mil. Btsp II Fundo DE Investimento Imobiliario FII's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was R$46.71 Mil. Therefore, Btsp II Fundo DE Investimento Imobiliario FII's EV-to-EBITDA ratio for today is 14.89.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Btsp II Fundo DE Investimento Imobiliario FII's Enterprise Value is R$695.33 Mil. Btsp II Fundo DE Investimento Imobiliario FII's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was R$49.15 Mil. Therefore, Btsp II Fundo DE Investimento Imobiliario FII's EV-to-Revenue ratio for today is 14.15.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Btsp II Fundo DE Investimento Imobiliario FII's Enterprise Value is R$695.33 Mil. Btsp II Fundo DE Investimento Imobiliario FII's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was R$45.37 Mil. Therefore, Btsp II Fundo DE Investimento Imobiliario FII's EV-to-OCF ratio for today is 15.33.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Btsp II Fundo DE Investimento Imobiliario FII's Enterprise Value is R$695.33 Mil. Btsp II Fundo DE Investimento Imobiliario FII's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was R$42.71 Mil. Therefore, Btsp II Fundo DE Investimento Imobiliario FII's EV-to-FCF ratio for today is 16.28.

*** 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.


Btsp II Fundo DE Investimento Imobiliario FII  (BSP:BTSI11) 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.

Btsp II Fundo DE Investimento Imobiliario FII's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=695.325/46.707
=14.89

Btsp II Fundo DE Investimento Imobiliario FII's current Enterprise Value is R$695.33 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Btsp II Fundo DE Investimento Imobiliario FII's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R$46.71 Mil.

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

Btsp II Fundo DE Investimento Imobiliario FII's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=695.325/46.707
=14.89

Btsp II Fundo DE Investimento Imobiliario FII's current Enterprise Value is R$695.33 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Btsp II Fundo DE Investimento Imobiliario FII's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was R$46.71 Mil.

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

Btsp II Fundo DE Investimento Imobiliario FII's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=695.325/49.15
=14.15

Btsp II Fundo DE Investimento Imobiliario FII's current Enterprise Value is R$695.33 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Btsp II Fundo DE Investimento Imobiliario FII's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was R$49.15 Mil.

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

Btsp II Fundo DE Investimento Imobiliario FII's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=695.325/45.365
=15.33

Btsp II Fundo DE Investimento Imobiliario FII's current Enterprise Value is R$695.33 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Btsp II Fundo DE Investimento Imobiliario FII's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was R$45.37 Mil.

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

Btsp II Fundo DE Investimento Imobiliario FII's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=695.325/42.707
=16.28

Btsp II Fundo DE Investimento Imobiliario FII's current Enterprise Value is R$695.33 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Btsp II Fundo DE Investimento Imobiliario FII's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was R$42.71 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.


Btsp II Fundo DE Investimento Imobiliario FII Enterprise Value Related Terms


Btsp II Fundo DE Investimento Imobiliario FII Enterprise Value Historical Data

* Premium members only.

The historical data trend for Btsp II Fundo DE Investimento Imobiliario 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.

Btsp II Fundo DE Investimento Imobiliario FII Enterprise Value Chart

Btsp II Fundo DE Investimento Imobiliario FII Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
0.00 0.00 236.75 545.29 698.01

Btsp II Fundo DE Investimento Imobiliario FII Semi-Annual Data
Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value 0.00 0.00 236.75 545.29 698.01

BSP:BTSI11 vs PLD, PSA, EXR: Enterprise Value Comparison

For the REIT - Industrial subindustry, Btsp II Fundo DE Investimento Imobiliario 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.


Btsp II Fundo DE Investimento Imobiliario FII Enterprise Value vs REITs Industry

For the REITs industry and Real Estate sector, Btsp II Fundo DE Investimento Imobiliario FII's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Btsp II Fundo DE Investimento Imobiliario FII's Enterprise Value falls into.


BSP:BTSI11
14GF Score
Btsp II Fundo DE Investimento Imobiliario FII BSP:BTSI11
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Btsp II Fundo DE Investimento Imobiliario 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.

Btsp II Fundo DE Investimento Imobiliario FII's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Btsp II Fundo DE Investimento Imobiliario FII's Enterprise Value for the quarter that ended in Dec. 2025 is calculated as

* 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$695.33 Mil mean?
Btsp II Fundo DE Investimento Imobiliario FII (BSP:BTSI11) has a Enterprise Value of R$695.33 Mil as of Jul. 15, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Btsp II Fundo DE Investimento Imobiliario FII and its competitors.
Is Btsp II Fundo DE Investimento Imobiliario FII's Enterprise Value too high?
Btsp II Fundo DE Investimento Imobiliario FII's current Enterprise Value is R$695.33 Mil. Overall, Btsp II Fundo DE Investimento Imobiliario FII has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Btsp II Fundo DE Investimento Imobiliario FII's Enterprise Value compare to PLD and PSA?
Btsp II Fundo DE Investimento Imobiliario FII's Enterprise Value of R$695.33 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 Btsp II Fundo DE Investimento Imobiliario FII and its competitors. Btsp II Fundo DE Investimento Imobiliario FII's current Enterprise Value is R$695.33 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Btsp II Fundo DE Investimento Imobiliario FII stock overvalued right now?
Btsp II Fundo DE Investimento Imobiliario FII (BSP:BTSI11) has a current Enterprise Value of R$695.33 Mil. The stock's GF Value™ is R$185.25, compared to a current price of R$109.17 — trading 41.1% below its estimated fair value. The current Enterprise Value is R$695.33 Mil. Btsp II Fundo DE Investimento Imobiliario FII's overall GF Score™ is 14/100 with 6 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 Btsp II Fundo DE Investimento Imobiliario FII (BSP:BTSI11), the current Enterprise Value is R$695.33 Mil as of Jul. 15, 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 Btsp II Fundo DE Investimento Imobiliario FII (BSP:BTSI11) Overvalued in 2026?

Based on GuruFocus' analysis, Btsp II Fundo DE Investimento Imobiliario FII stock appears to be undervalued. The current stock price of R$109.17 is trading 41.1% below its estimated GF Value™ of R$185.25.

Key valuation signals for BSP:BTSI11:

  • Enterprise Value: R$695.33 Mil
  • GF Value™: R$185.25 vs. price of R$109.17 (41.1% below fair value)
  • GF Score™: 14/100 with 6 warning signs

No single metric tells the full story. See the BSP:BTSI11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Btsp II Fundo DE Investimento Imobiliario FII Business Description

Industry Real EstateREITs
Address Avenida Barbacena, 1219, 21st Floor, PARTE, Santo Agostinho, Belo Horizonte, MG, BRA, 30190131
Btsp II Fundo DE Investimento Imobiliario FII is a closed end fund. The fund aims to develop real estate ventures focused on logistics and industrial operations, located in the Southeast and Midwest Regions, through the acquisition of land for construction or the acquisition of properties under construction or completed, for subsequent lease, rental or sale, including assets and rights related thereto, as well as other properties with potential income generation, and assets and rights related thereto.
14GF Score

Get the complete analysis for BSP:BTSI11

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

R$109.17
Price
R$185.25
GF Value