FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII (BSP:APXM11) Asset Turnover: 0.05 (As of Dec. 2025)


BSP:APXM11 FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII BSP:APXM11
14 GF Score
Price R$64.80
! 2 Warning Signs
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What is FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Asset Turnover?

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII BSP:APXM11 -1.82% 14 Asset Turnover is 0.05 as of Dec. 2025. GuruFocus rates BSP:APXM11 with a GF Score™ of 14/100. The stock has 2 warning signs investors should review.

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Revenue for the six months ended in Dec. 2025 was R$14.84 Mil. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Total Assets for the quarter that ended in Dec. 2025 was R$323.93 Mil. Therefore, FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Asset Turnover for the quarter that ended in Dec. 2025 was 0.05.

Asset Turnover is linked to ROE % through Du Pont Formula. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's annualized ROE % for the quarter that ended in Dec. 2025 was -27.03%. It is also linked to ROA % through Du Pont Formula. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's annualized ROA % for the quarter that ended in Dec. 2025 was -26.86%.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII  (BSP:APXM11) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's annulized ROE % for the quarter that ended in Dec. 2025 is

ROE %**(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-86.998/321.873
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-86.998 / 29.678)*(29.678 / 323.9275)*(323.9275/ 321.873)
=Net Margin %*Asset Turnover*Equity Multiplier
=-293.14 %*0.0916*1.0064
=ROA %*Equity Multiplier
=-26.86 %*1.0064
=-27.03 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's annulized ROA % for the quarter that ended in Dec. 2025 is

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-86.998/323.9275
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-86.998 / 29.678)*(29.678 / 323.9275)
=Net Margin %*Asset Turnover
=-293.14 %*0.0916
=-26.86 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data.

* 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.

Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Asset Turnover Related Terms

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Asset Turnover Historical Data

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The historical data trend for FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Asset Turnover 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 Asset Turnover Chart

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Asset Turnover
0.00 0.08 0.05 0.05

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII Semi-Annual Data
Dec22 Dec23 Dec24 Dec25
Asset Turnover 0.00 0.08 0.05 0.05

BSP:APXM11 vs SPG, O, KIM: Asset Turnover Comparison

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

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

* The bar in red indicates where FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Asset Turnover falls into.


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

Asset Turnover measures how quickly a company turns over its asset through sales.

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Asset Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=14.839/( (352.861+294.994)/ 2 )
=14.839/323.9275
=0.05

FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Asset Turnover for the quarter that ended in Dec. 2025 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Dec. 2025 ))/ count )
=14.839/( (352.861+294.994)/ 2 )
=14.839/323.9275
=0.05

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Frequently Asked Questions Learn more about Asset Turnover →
What does a Asset Turnover of 0.05 mean?
FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII (BSP:APXM11) has a Asset Turnover of 0.05 as of Dec. 2025. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII and its competitors.
Is FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Asset Turnover too high?
FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's current Asset Turnover is 0.05. 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 Asset Turnover compare to SPG and O?
FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's Asset Turnover of 0.05 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 Asset Turnover for a REITs company?
A good Asset Turnover depends on the REITs industry context. However, Asset Turnover 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 Asset Turnover mean?
A high Asset Turnover can signal that a stock is expensive relative to its fundamentals. Asset turnover equals current-period sales over average total assets over the past two periods. View historical data on FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII and its competitors. FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII's current Asset Turnover is 0.05. 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 Asset Turnover of 0.05. The current Asset Turnover is 0.05. 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 Asset Turnover calculated?
Asset Turnover is calculated from a company's financial statements. For FUNDO DE INVESTIMENTO IMOBILIARIO APEX MALLS FII (BSP:APXM11), the current Asset Turnover is 0.05 as of Dec. 2025. 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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Asset Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$64.80
Price