Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio (BSP:HDEL11) Enterprise Value: R$15.83 Mil (As of Jul. 16, 2026) ***

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BSP:HDEL11 Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio BSP:HDEL11
24 GF Score
Price R$3.30
! 2 Warning Signs
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What is Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Enterprise Value?

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio BSP:HDEL11 24 Enterprise Value is R$15.83 Mil as of Jul. 16, 2026. GuruFocus rates BSP:HDEL11 with a GF Score™ of 24/100. 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, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Enterprise Value is R$15.83 Mil. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R$3.25 Mil. Therefore, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's EV-to-EBIT ratio for today is 4.88.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Enterprise Value is R$15.83 Mil. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was R$3.25 Mil. Therefore, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's EV-to-EBITDA ratio for today is 4.88.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Enterprise Value is R$15.83 Mil. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was R$6.52 Mil. Therefore, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's EV-to-Revenue ratio for today is 2.43.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Enterprise Value is R$15.83 Mil. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was R$28.60 Mil. Therefore, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's EV-to-OCF ratio for today is 0.55.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Enterprise Value is R$15.83 Mil. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was R$28.60 Mil. Therefore, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's EV-to-FCF ratio for today is 0.55.

*** 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.


Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio  (BSP:HDEL11) 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.

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=15.832/3.247
=4.88

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's current Enterprise Value is R$15.83 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was R$3.25 Mil.

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

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=15.832/3.247
=4.88

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's current Enterprise Value is R$15.83 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was R$3.25 Mil.

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

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=15.832/6.523
=2.43

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's current Enterprise Value is R$15.83 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was R$6.52 Mil.

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

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=15.832/28.603
=0.55

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's current Enterprise Value is R$15.83 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was R$28.60 Mil.

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

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=15.832/28.603
=0.55

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's current Enterprise Value is R$15.83 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was R$28.60 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.


Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Enterprise Value Related Terms


Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Enterprise Value Historical Data

* Premium members only.

The historical data trend for Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio'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.

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Enterprise Value Chart

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Enterprise Value
0.00 86.86 99.01 97.08

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Enterprise Value 0.00 86.86 99.01 97.08

BSP:HDEL11 vs VICI, WPC: Enterprise Value Comparison

For the REIT - Diversified subindustry, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio'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.


Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio Enterprise Value vs REITs Industry

For the REITs industry and Real Estate sector, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Enterprise Value falls into.


BSP:HDEL11
24GF Score
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio BSP:HDEL11
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio 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.

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio'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$15.83 Mil mean?
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio (BSP:HDEL11) has a Enterprise Value of R$15.83 Mil as of Jul. 16, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio and its competitors.
Is Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Enterprise Value too high?
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's current Enterprise Value is R$15.83 Mil. Overall, Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Enterprise Value compare to VICI and WPC?
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's Enterprise Value of R$15.83 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 Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio and its competitors. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's current Enterprise Value is R$15.83 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio stock overvalued right now?
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio (BSP:HDEL11) has a current Enterprise Value of R$15.83 Mil. The current Enterprise Value is R$15.83 Mil. Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio's overall GF Score™ is 24/100 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 Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio (BSP:HDEL11), the current Enterprise Value is R$15.83 Mil as of Jul. 16, 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 Desenvolvimento Logistico Fundo DE Investimento Imobilirio Business Description

Industry Real EstateREITs
Address Avenida Brigadeiro Faria Lima 3600, 11th Floor, cjto 112 (parte), Sao Paulo, SP, BRA, 4538132
Hedge Desenvolvimento Logistico Fundo DE Investimento Imobilirio is a closed-end fund. The fund's objective is to provide its shareholders with appreciation and profitability of their shares in the long term, aiming to obtain capital gains through the investment of its assets.
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Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$3.30
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