Fundo Invest Imobiliario FII Btg Pactualorate Office Fund (BSP:BRCR11) EV-to-FCF: 7.37 (As of Jul. 16, 2026) — 36% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:BRCR11 Fundo Invest Imobiliario FII Btg Pactual Corporate Office Fund BSP:BRCR11
73 GF Score
Price R$41.00
GF Value R$46.17
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Fundo Invest Imobiliario FII Btg Pactualorate Office Fund EV-to-FCF?

Fundo Invest Imobiliario FII Btg Pactualorate Office Fund BSP:BRCR11 +1.74% 73 EV-to-FCF is 7.37 as of Jul. 16, 2026, which is 36% below its 10-year median of 11.58. GuruFocus rates BSP:BRCR11 with a GF Score™ of 73/100 and a GF Value™ of R$46.17 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 737 REITs companies, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund ranks better than 91.72% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Enterprise Value is R$1,051.4 Mil. Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was R$142.6 Mil. Therefore, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's EV-to-FCF for today is 7.37.

The historical rank and industry rank for Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's EV-to-FCF or its related term are showing as below:

BSP:BRCR11' s EV-to-FCF Range Over the Past 10 Years
Min: 5.35   Med: 11.58   Max: 33.77
Current: 7.34

During the past 13 years, the highest EV-to-FCF of Fundo Invest Imobiliario FII Btg Pactualorate Office Fund was 33.77. The lowest was 5.35. And the median was 11.58.

BSP:BRCR11's EV-to-FCF is ranked better than
91.72% of 737 companies
in the REITs industry
Industry Median: 23.11 vs BSP:BRCR11: 7.34

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 (2026-07-16), Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's stock price is R$41.00. Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was R$1.758. Therefore, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's PE Ratio (TTM) for today is 23.32.


Fundo Invest Imobiliario FII Btg Pactualorate Office Fund  (BSP:BRCR11) 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 Invest Imobiliario FII Btg Pactualorate Office Fund's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=41.00/1.758
=23.32

Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's share price for today is R$41.00.
Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was R$1.758.

* 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 Invest Imobiliario FII Btg Pactualorate Office Fund EV-to-FCF Related Terms


Fundo Invest Imobiliario FII Btg Pactualorate Office Fund EV-to-FCF Historical Data

* Premium members only.

The historical data trend for Fundo Invest Imobiliario FII Btg Pactualorate Office Fund'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 Invest Imobiliario FII Btg Pactualorate Office Fund EV-to-FCF Chart

Fundo Invest Imobiliario FII Btg Pactualorate Office Fund Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.01 9.32 8.77 6.78 6.46

Fundo Invest Imobiliario FII Btg Pactualorate Office Fund Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Dec25
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.30 7.41 6.78 7.30 6.46

BSP:BRCR11 vs BXP, ARE, VNO: EV-to-FCF Comparison

For the REIT - Office subindustry, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund'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 Invest Imobiliario FII Btg Pactualorate Office Fund EV-to-FCF vs REITs Industry

For the REITs industry and Real Estate sector, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's EV-to-FCF distribution charts can be found below:

* The bar in red indicates where Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's EV-to-FCF falls into.


BSP:BRCR11
73GF Score
Fundo Invest Imobiliario FII Btg Pactual Corporate Office Fund BSP:BRCR11
EV-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fundo Invest Imobiliario FII Btg Pactualorate Office Fund EV-to-FCF Calculation

Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1051.414/142.638
=7.37

Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's current Enterprise Value is R$1,051.4 Mil.
Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was R$142.6 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 7.37 mean?
Fundo Invest Imobiliario FII Btg Pactualorate Office Fund (BSP:BRCR11) has a EV-to-FCF of 7.37 as of Jul. 16, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Fundo Invest Imobiliario FII Btg Pactualorate Office Fund and its competitors. This is 36% below median its historical median of 11.58. Over the past decade, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's EV-to-FCF has ranged from 5.35 to 33.77. According to the industry distribution chart, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund ranks #61 out of 737 companies in the REITs industry, placing it in the top 8.3%.
Is Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's EV-to-FCF too high?
Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's current EV-to-FCF of 7.37 is 36% below median its 10-year median of 11.58. Over the past 10 years, this metric has ranged from a low of 5.35 to a high of 33.77. The REITs industry median EV-to-FCF is 23.11. Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's value of 7.37 is 68.1% below this industry median. Based on the distribution chart, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund ranks #61 out of 737 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's EV-to-FCF compare to BXP and ARE?
According to the REITs industry distribution chart, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund ranks #61 out of 737 companies for EV-to-FCF. This places Fundo Invest Imobiliario FII Btg Pactualorate Office Fund in the top 8% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 23.11. Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's value of 7.37 is 68.1% below this benchmark. Historically, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's own EV-to-FCF has ranged from 5.35 to 33.77 over the past decade. While the company's 10-year median is 11.58 vs. the industry median of 23.11, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund 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 23.11, based on 737 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 Invest Imobiliario FII Btg Pactualorate Office Fund's current EV-to-FCF of 7.37 is 68.1% 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 Invest Imobiliario FII Btg Pactualorate Office Fund and its competitors. For the REITs industry, the median EV-to-FCF is 23.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's current EV-to-FCF is 7.37, which is 36% below median its own 10-year median of 11.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo Invest Imobiliario FII Btg Pactualorate Office Fund stock overvalued right now?
Based on GuruFocus' analysis, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund (BSP:BRCR11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$46.17, compared to a current price of R$41.00 — trading 11.2% below its estimated fair value. The current EV-to-FCF is 7.37, which is 36% below median its 10-year median of 11.58 and 68.1% below the REITs industry median of 23.11. Fundo Invest Imobiliario FII Btg Pactualorate Office Fund's overall GF Score™ is 73/100 with 6 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 Invest Imobiliario FII Btg Pactualorate Office Fund (BSP:BRCR11), the current EV-to-FCF is 7.37 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 Invest Imobiliario FII Btg Pactualorate Office Fund (BSP:BRCR11) Overvalued in 2026?

Based on GuruFocus' analysis, Fundo Invest Imobiliario FII Btg Pactualorate Office Fund stock appears to be undervalued. The current stock price of R$41.00 is trading 11.2% below its estimated GF Value™ of R$46.17. GuruFocus considers Fundo Invest Imobiliario FII Btg Pactualorate Office Fund to be Modestly Undervalued.

Key valuation signals for BSP:BRCR11:

  • EV-to-FCF: 7.37 (36% below median its 10-year median of 11.58)
  • GF Value™: R$46.17 vs. price of R$41.00 (11.2% below fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 68.1% below the REITs median (#61 of 737)

No single metric tells the full story. See the BSP:BRCR11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fundo Invest Imobiliario FII Btg Pactualorate Office Fund Business Description

Industry Real EstateREITs
Address N/I PRAIA DE BOTAFOGO 501, 5th FLOOR, RIO DE JANEIRO, RJ, BRA, CEP 22250040
Fundo Invest Imobiliario FII Btg Pactual Corporate Office Fund seeks to invest in real estate developments by acquiring the following assets: commercial properties, completed or under construction, or other types of properties where commercial developments may be established, rights related to properties, for the purpose of sale, rent or lease, in addition to other Target Assets listed in the Fund's regulation.
73GF Score

Get the complete analysis for BSP:BRCR11

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

R$41.00
Price
R$46.17
GF Value