FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII (BSP:APXM11) EV-to-FCF: 20.88 (As of Sep. 20, 2026) — 23% Below Median

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BSP:APXM11 FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII BSP:APXM11
14 GF Score
Price R$57.00
! 2 Warning Signs
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What is FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII EV-to-FCF?

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII BSP:APXM11 -0.70% 14 EV-to-FCF is 20.88 as of Sep. 20, 2026, which is 23% below its 10-year median of 27.22. GuruFocus rates BSP:APXM11 with a GF Score™ of 14/100. The stock has 2 warning signs investors should review. Among 733 REITs companies, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII ranks better than 62.89% on this metric.

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$158.36 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 for today is 20.88.

The historical rank and industry rank for FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's EV-to-FCF or its related term are showing as below:

BSP:APXM11' s EV-to-FCF Range Over the Past 10 Years
Min: -1.25   Med: 27.22   Max: 40.72
Current: 18.17

During the past 4 years, the highest EV-to-FCF of FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII was 40.72. The lowest was -1.25. And the median was 27.22.

BSP:APXM11's EV-to-FCF is ranked better than
62.89% of 733 companies
in the REITs industry
Industry Median: 22.4 vs BSP:APXM11: 18.17

EV-to-FCF 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 (2026-09-20), FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's stock price is R$57.00. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was R$-15.380. Therefore, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's PE Ratio (TTM) for today is At Loss.


FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII  (BSP:APXM11) EV-to-FCF Explanation

EV-to-FCF 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.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=57.00/-15.380
=At Loss

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's share price for today is R$57.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was R$-15.380.

* 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. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII EV-to-FCF Related Terms


FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII EV-to-FCF Historical Data

* Premium members only.

The historical data trend for FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's EV-to-FCF 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 EV-to-FCF Chart

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Annual Data
Trend Dec22 Dec23 Dec24 Dec25
EV-to-FCF
0.00 -1.16 41.95 33.17

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
EV-to-FCF 0.00 -1.16 41.95 33.17

BSP:APXM11 vs SPG, O, KIM: EV-to-FCF Comparison

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

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

* The bar in red indicates where FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's EV-to-FCF falls into.


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

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=158.356/7.583
=20.88

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's current Enterprise Value is R$158.36 Mil.
For company reported semi-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.

Frequently Asked Questions Learn more about EV-to-FCF →
What does a EV-to-FCF of 20.88 mean?
FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII (BSP:APXM11) has a EV-to-FCF of 20.88 as of Sep. 20, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII and its competitors. This is 23% below median its historical median of 27.22. According to the industry distribution chart, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII ranks #272 out of 733 companies in the REITs industry, placing it in the top 37.1%.
Is FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's EV-to-FCF too high?
FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's current EV-to-FCF of 20.88 is 23% below median its 10-year median of 27.22. The REITs industry median EV-to-FCF is 22.40. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's value of 20.88 is 6.8% below this industry median. Based on the distribution chart, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII ranks #272 out of 733 companies in the REITs industry, which is above the industry midpoint. 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 EV-to-FCF compare to SPG and O?
According to the REITs industry distribution chart, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII ranks #272 out of 733 companies for EV-to-FCF. This puts FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII in the upper half of its industry. The industry median EV-to-FCF is 22.40. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's value of 20.88 is 6.8% below this benchmark. While the company's 10-year median is 27.22 vs. the industry median of 22.40, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for a REITs company?
The median EV-to-FCF among REITs companies is 22.40, based on 733 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's current EV-to-FCF of 20.88 is 6.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII and its competitors. For the REITs industry, the median EV-to-FCF is 22.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's current EV-to-FCF is 20.88, which is 23% below median its own 10-year median of 27.22. 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 EV-to-FCF of 20.88. The current EV-to-FCF is 20.88, which is 23% below median its 10-year median of 27.22 and 6.8% below the REITs industry median of 22.40. 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 EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII (BSP:APXM11), the current EV-to-FCF is 20.88 as of Sep. 20, 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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EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$57.00
Price