Fundo DE Investimento Imobiliario Votorantim Shopping (BSP:VSHO11) Enterprise Value: R$152.40 Mil (As of Jul. 16, 2026) ***

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BSP:VSHO11 Fundo DE Investimento Imobiliario Votorantim Shopping BSP:VSHO11
78 GF Score
Price R$74.14
GF Value R$86.51
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Fundo DE Investimento Imobiliario Votorantim Shopping Enterprise Value?

Fundo DE Investimento Imobiliario Votorantim Shopping BSP:VSHO11 +0.18% 78 Enterprise Value is R$152.40 Mil as of Jul. 16, 2026. GuruFocus rates BSP:VSHO11 with a GF Score™ of 78/100 and a GF Value™ of R$86.51 (Modestly Undervalued). 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 Votorantim Shopping's Enterprise Value is R$152.40 Mil. Fundo DE Investimento Imobiliario Votorantim Shopping's EBIT for the trailing twelve months (TTM) ended in Jun. 2025 was R$20.25 Mil. Therefore, Fundo DE Investimento Imobiliario Votorantim Shopping's EV-to-EBIT ratio for today is 7.52.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Fundo DE Investimento Imobiliario Votorantim Shopping's Enterprise Value is R$152.40 Mil. Fundo DE Investimento Imobiliario Votorantim Shopping's EBITDA for the trailing twelve months (TTM) ended in Jun. 2025 was R$20.25 Mil. Therefore, Fundo DE Investimento Imobiliario Votorantim Shopping's EV-to-EBITDA ratio for today is 7.52.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Fundo DE Investimento Imobiliario Votorantim Shopping's Enterprise Value is R$152.40 Mil. Fundo DE Investimento Imobiliario Votorantim Shopping's Revenue for the trailing twelve months (TTM) ended in Jun. 2025 was R$32.64 Mil. Therefore, Fundo DE Investimento Imobiliario Votorantim Shopping's EV-to-Revenue ratio for today is 4.67.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Fundo DE Investimento Imobiliario Votorantim Shopping's Enterprise Value is R$152.40 Mil. Fundo DE Investimento Imobiliario Votorantim Shopping's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2025 was R$16.48 Mil. Therefore, Fundo DE Investimento Imobiliario Votorantim Shopping's EV-to-OCF ratio for today is 9.25.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Fundo DE Investimento Imobiliario Votorantim Shopping's Enterprise Value is R$152.40 Mil. Fundo DE Investimento Imobiliario Votorantim Shopping's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2025 was R$16.48 Mil. Therefore, Fundo DE Investimento Imobiliario Votorantim Shopping's EV-to-FCF ratio for today is 9.25.

*** 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 Votorantim Shopping  (BSP:VSHO11) 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 Votorantim Shopping's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=152.399/20.253
=7.52

Fundo DE Investimento Imobiliario Votorantim Shopping's current Enterprise Value is R$152.40 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Fundo DE Investimento Imobiliario Votorantim Shopping's EBIT for the trailing twelve months (TTM) ended in Jun. 2025 was R$20.25 Mil.

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

Fundo DE Investimento Imobiliario Votorantim Shopping's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=152.399/20.253
=7.52

Fundo DE Investimento Imobiliario Votorantim Shopping's current Enterprise Value is R$152.40 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Fundo DE Investimento Imobiliario Votorantim Shopping's EBITDA for the trailing twelve months (TTM) ended in Jun. 2025 was R$20.25 Mil.

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

Fundo DE Investimento Imobiliario Votorantim Shopping's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=152.399/32.641
=4.67

Fundo DE Investimento Imobiliario Votorantim Shopping's current Enterprise Value is R$152.40 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Fundo DE Investimento Imobiliario Votorantim Shopping's Revenue for the trailing twelve months (TTM) ended in Jun. 2025 was R$32.64 Mil.

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

Fundo DE Investimento Imobiliario Votorantim Shopping's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=152.399/16.478
=9.25

Fundo DE Investimento Imobiliario Votorantim Shopping's current Enterprise Value is R$152.40 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Fundo DE Investimento Imobiliario Votorantim Shopping's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2025 was R$16.48 Mil.

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

Fundo DE Investimento Imobiliario Votorantim Shopping's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=152.399/16.478
=9.25

Fundo DE Investimento Imobiliario Votorantim Shopping's current Enterprise Value is R$152.40 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Fundo DE Investimento Imobiliario Votorantim Shopping's Free Cash Flow for the trailing twelve months (TTM) ended in Jun. 2025 was R$16.48 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 Votorantim Shopping Enterprise Value Related Terms


Fundo DE Investimento Imobiliario Votorantim Shopping Enterprise Value Historical Data

* Premium members only.

The historical data trend for Fundo DE Investimento Imobiliario Votorantim Shopping'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 Votorantim Shopping Enterprise Value Chart

Fundo DE Investimento Imobiliario Votorantim Shopping Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Enterprise Value
Get a 7-Day Free Trial 157.89 161.66 161.84 145.74 147.92

Fundo DE Investimento Imobiliario Votorantim Shopping Semi-Annual Data
Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Enterprise Value Get a 7-Day Free Trial 157.89 161.66 161.84 145.74 147.92

BSP:VSHO11 vs SPG, O, KIM: Enterprise Value Comparison

For the REIT - Retail subindustry, Fundo DE Investimento Imobiliario Votorantim Shopping'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 Votorantim Shopping Enterprise Value vs REITs Industry

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

* The bar in red indicates where Fundo DE Investimento Imobiliario Votorantim Shopping's Enterprise Value falls into.


BSP:VSHO11
78GF Score
Fundo DE Investimento Imobiliario Votorantim Shopping BSP:VSHO11
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Fundo DE Investimento Imobiliario Votorantim Shopping 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 Votorantim Shopping's Enterprise Value for the fiscal year that ended in Jun. 2025 is calculated as

Fundo DE Investimento Imobiliario Votorantim Shopping's Enterprise Value for the quarter that ended in Jun. 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$152.40 Mil mean?
Fundo DE Investimento Imobiliario Votorantim Shopping (BSP:VSHO11) has a Enterprise Value of R$152.40 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 Fundo DE Investimento Imobiliario Votorantim Shopping and its competitors.
Is Fundo DE Investimento Imobiliario Votorantim Shopping's Enterprise Value too high?
Fundo DE Investimento Imobiliario Votorantim Shopping's current Enterprise Value is R$152.40 Mil. Overall, Fundo DE Investimento Imobiliario Votorantim Shopping has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fundo DE Investimento Imobiliario Votorantim Shopping's Enterprise Value compare to SPG and O?
Fundo DE Investimento Imobiliario Votorantim Shopping's Enterprise Value of R$152.40 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 Votorantim Shopping and its competitors. Fundo DE Investimento Imobiliario Votorantim Shopping's current Enterprise Value is R$152.40 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 Votorantim Shopping stock overvalued right now?
Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario Votorantim Shopping (BSP:VSHO11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$86.51, compared to a current price of R$74.14 — trading 14.3% below its estimated fair value. The current Enterprise Value is R$152.40 Mil. Fundo DE Investimento Imobiliario Votorantim Shopping's overall GF Score™ is 78/100 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 Votorantim Shopping (BSP:VSHO11), the current Enterprise Value is R$152.40 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.

Is Fundo DE Investimento Imobiliario Votorantim Shopping (BSP:VSHO11) Overvalued in 2026?

Based on GuruFocus' analysis, Fundo DE Investimento Imobiliario Votorantim Shopping stock appears to be undervalued. The current stock price of R$74.14 is trading 14.3% below its estimated GF Value™ of R$86.51. GuruFocus considers Fundo DE Investimento Imobiliario Votorantim Shopping to be Modestly Undervalued.

Key valuation signals for BSP:VSHO11:

  • Enterprise Value: R$152.40 Mil
  • GF Value™: R$86.51 vs. price of R$74.14 (14.3% below fair value)
  • GF Score™: 78/100 with 2 warning signs

No single metric tells the full story. See the BSP:VSHO11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fundo DE Investimento Imobiliario Votorantim Shopping Business Description

Industry Real EstateREITs
Address Avenida FARIA LIMA, 4300, 7th Floor, Sao Paulo, SP, BRA, 4538132
Fundo DE Investimento Imobiliario Votorantim Shopping is a closed-end fund with an indefinite term, divided into registered, book-entry shares that correspond to ideal fractions of its assets. The fund's objective is to provide shareholders with returns on their investment through the partial or total acquisition of real estate, real rights over real estate, including shares, units of special purpose entities or units of real estate investment funds, for the purpose of commercial exploitation of real estate ventures related to shopping centers and related activities, such as strip malls, outlets or power centers.
78GF Score

Get the complete analysis for BSP:VSHO11

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

R$74.14
Price
R$86.51
GF Value