Hedge Brasil Shopping Fundo DE Investimento Imobiliario (BSP:HGBS11) Moat Score: 0/10 (As of Aug. 03, 2026)

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:HGBS11 Hedge Brasil Shopping Fundo DE Investimento Imobiliario BSP:HGBS11
66 GF Score
Price R$19.14
GF Value R$17.46
Valuation Fairly Valued
! 5 Warning Signs
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What is Hedge Brasil Shopping Fundo DE Investimento Imobiliario Moat Score?

Hedge Brasil Shopping Fundo DE Investimento Imobiliario has the Moat Score of 0, which implies that the company might have No Moat - No discernible moat.

Hedge Brasil Shopping Fundo DE Investimento Imobiliario has

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Hedge Brasil Shopping Fundo DE Investimento Imobiliario might have No Moat - No discernible moat.

Hedge Brasil Shopping Fundo DE Investimento Imobiliario  (BSP:HGBS11) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Hedge Brasil Shopping Fundo DE Investimento Imobiliario Moat Score Related Terms

BSP:HGBS11
66GF Score
Hedge Brasil Shopping Fundo DE Investimento Imobiliario BSP:HGBS11
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Is Hedge Brasil Shopping Fundo DE Investimento Imobiliario (BSP:HGBS11) Overvalued in 2026?

Based on GuruFocus' analysis, Hedge Brasil Shopping Fundo DE Investimento Imobiliario stock appears to be overvalued. The current stock price of R$19.14 is trading 9.6% above its estimated GF Value™ of R$17.46. GuruFocus considers Hedge Brasil Shopping Fundo DE Investimento Imobiliario to be Fairly Valued.

Key valuation signals for BSP:HGBS11:

  • Moat Score: 0
  • GF Value™: R$17.46 vs. price of R$19.14 (9.6% above fair value)
  • GF Score™: 66/100 with 5 warning signs

No single metric tells the full story. See the BSP:HGBS11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hedge Brasil Shopping Fundo DE Investimento Imobiliario Business Description

Industry Real EstateREITs
Address Avenue Brigadeiro Faria, 3600 - 11th floor, Sao Paulo, SP, BRA, 4538132
Hedge Brasil Shopping Fundo DE Investimento Imobiliario is a Brazilian real estate investment fund with objective to obtain capital appreciation by acquisition of interests in shopping centers. The objective of the Fund is the acquisition for commercial exploitation of commercial real estate projects, which are duly built or are subject to renovations, improvements or expansions, through the acquisition of portions and/or the entirety of real estate projects, directly or indirectly, through the assets provided for in the Regulation, for subsequent sale, rental or leasing, including assets and rights related to them.
66GF Score

Get the complete analysis for BSP:HGBS11

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

R$19.14
Price
R$17.46
GF Value