Inter Residence Fundo DE Investimento Imobiliario FII (INRD11) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Inter Residence Fundo DE Investimento Imobiliario FII BRL 75.22, price BRL 72.65, upside +3.5%, quality 58 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Inter Residence Fundo DE Investimento Imobiliario FII for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range R$49.05 – R$76.93 · fair‑value band R$51.72 – R$96.92 · the R$72.65 price screens below the R$75.22 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Follow Inter Residence Fundo DE Investimento Imobiliario FII in your weekly email
Every Wednesday you see whether Inter Residence Fundo DE Investimento Imobiliario FII is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Inter Residence Fundo DE Investimento Imobiliario FII is headquartered in Brazil.
Stock analysis
Inter Residence Fundo DE Investimento Imobiliario FII (INRD11) currently trades at R$72.65, while our model-based Fair Value estimate is R$75.22, implying the stock looks roughly 3.4% fairly valued today.
Show more
Valuation
Bull case: the Growth DCF group reads highest at a median of R$124.24 per share, and 9 of the 12 models we run sit above the R$72.65 price.
Bear case: the Multiples group reads lowest at R$10.36, and 3 of the 12 models stay below the price. Evidence for this calculation is medium.
Scenario range: R$51.72 (bear) to R$96.92 (bull), the price of R$72.65 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 58/100 (solid quality), in the Real Estate sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Inter Residence Fundo DE Investimento Imobiliario FII reported revenue of R$10.5M in FY2023 versus R$8.8M in FY2020, a compound +5.8%/yr. Reported net income was R$689K in FY2023, compounding −66.8%/yr from FY2020.
Key figures
Market cap R$82.1M (≈ $16.0M) · P/E ratio 8.7 · P/S ratio 0.57 · EPS (TTM) R$8.33 · Net margin 6.6% · Return on assets (EBIT) 5.0% · Free cash flow R$7.3M.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 38 out of 100 (low confidence).
What moves the price
The share trades about 6% below its 52-week high and 9% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at 2% fair-value upside, at 4%, INRD11 screens cheaper than that median.
Fair Value models
Bear R$51.72Fair Value R$75.22Bull R$96.92
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.63/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+10.9%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.8%
’20
’21
’22
’23
What shareholders gained per year (last 3 years), in BRL ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 3 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis. Measured in BRL: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+2.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year+2.4%
Dividend (yield on the price)0.0%
Profit margin 2020 to 2023 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.56% → 71%
Growth Forecast
Price in line with expectations
The price assumes about as much growth as the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+5.0%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Brazil: IMF forecast 3.3% a year to 2030, 5.4% from 2016 to 2025) that is about +1.6% a year for the price.
Compare Inter Residence Fundo DE Investimento Imobiliario FII with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.REIT - Residential · 43 stocks
Beats the industry median on 5/10 measures
A mixed picture versus its industry peers.
Valuation
Quality Score57 · Above median
Fair Value upside+4% · Above median
Profitability
Return on assets0% · Bottom 25%
Net margin (TTM)7% · Below median
Operating margin (TTM)0% · Bottom 25%
Growth and dividend
Revenue growth0% · Below median
Dividend yield (TTM)0.0% · Bottom 25%
Valuation Multiplesvs REIT - Residential median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Inter Residence Fundo DE Investimento Imobiliario FII Fair Value". https://www.fairvalue-calculator.com/stock/INRD11
Frequently asked questions
Is Inter Residence Fundo DE Investimento Imobiliario FII (INRD11) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of R$75.22 versus a price of R$72.65, about +4% upside (fairly valued).
What is the fair value of INRD11?
Our model-based fair value for Inter Residence Fundo DE Investimento Imobiliario FII is R$75.22 (as of Sep 24, 2026), built from audited fundamentals. The current price: R$72.65.
What is the quality score of INRD11?
Inter Residence Fundo DE Investimento Imobiliario FII has a Quality Score of 58/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Inter Residence Fundo DE Investimento Imobiliario FII (INRD11)?
Our model-based price target is the fair value of R$75.22 (as of Sep 24, 2026) from 12 valuation models. Cautious scenario R$51.72, optimistic scenario R$96.92. It is a calculation from audited fundamentals, not an analyst target.
What is the Inter Residence Fundo DE Investimento Imobiliario FII stock forecast for 2026?
Our models put fair value at R$75.22, about +4% upside versus a price of R$72.65 (fairly valued). Cautious scenario R$51.72, optimistic scenario R$96.92. The calculation is refreshed regularly with new filings.
What growth is priced into Inter Residence Fundo DE Investimento Imobiliario FII (INRD11)?
For today's price to be fair in a discounted-cash-flow model, Inter Residence Fundo DE Investimento Imobiliario FII would have to grow free cash flow by +5.0 % per year for five years (discount rate 12.7 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 3 years revenue grew +5.8 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of INRD11 use?
Our models discount Inter Residence Fundo DE Investimento Imobiliario FII at 12.7 %: a base by market capitalisation (nano), country premium for Brazil. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Inter Residence Fundo DE Investimento Imobiliario FII that is +5.0 % per year a year over ten years, using the same discount rate (12.7 %) and the same formula as our fair value.
How much growth has Inter Residence Fundo DE Investimento Imobiliario FII (INRD11) delivered so far?
Over the past 3 years revenue at Inter Residence Fundo DE Investimento Imobiliario FII grew +5.8 % a year. The price currently implies +5.0 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Inter Residence Fundo DE Investimento Imobiliario FII (INRD11) growing?
The median revenue growth in the sector is +1.8 % a year. That is the yardstick for the growth priced into Inter Residence Fundo DE Investimento Imobiliario FII (+5.0 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Inter Residence Fundo DE Investimento Imobiliario FII (INRD11)?
The free-cash-flow yield on the price is 8.87 %: that much free cash flow Inter Residence Fundo DE Investimento Imobiliario FII produces per unit of market value. When it exceeds the discount rate of our models (12.7 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Inter Residence Fundo DE Investimento Imobiliario FII (INRD11)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Inter Residence Fundo DE Investimento Imobiliario FII it is R$75.22 per share (as of Sep 24, 2026), against a price of R$72.65. It is the blended result of 12 valuation models (cash flow, earnings, asset, dividend).
Is Inter Residence Fundo DE Investimento Imobiliario FII stock overvalued or undervalued in 2026?
As of Sep 24, 2026, INRD11 trades below its calculated fair value: price R$72.65, fair value R$75.22, a gap of about +4% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of INRD11?
No. The price is what the market pays today (R$72.65); the fair value is what the company's own numbers justify (R$75.22). For Inter Residence Fundo DE Investimento Imobiliario FII the two are R$2.57 per share apart. That gap is exactly why we show both numbers side by side.
How much is Inter Residence Fundo DE Investimento Imobiliario FII worth?
The market values Inter Residence Fundo DE Investimento Imobiliario FII at about R$82.1M (market capitalisation, as of Sep 24, 2026). Per share that is R$72.65; our models calculate a fair value of R$75.22 per share.
What do the bullish and bearish scenarios say about INRD11?
Our models span a range for Inter Residence Fundo DE Investimento Imobiliario FII: cautious scenario R$51.72, base R$75.22, optimistic R$96.92 per share (as of Sep 24, 2026, price R$72.65). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of INRD11?
Inter Residence Fundo DE Investimento Imobiliario FII trades at a price-to-earnings ratio of 8.7 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of R$75.22 is built from several models across several years. Other multiples: P/B 0.1.
How far is INRD11 from its 52-week high?
Inter Residence Fundo DE Investimento Imobiliario FII trades at R$72.65, about 6% below its 52-week high of R$76.93 and 9% above the low of R$66.69 (as of Sep 23, 2026). Distance from the high says nothing about value: that is what the fair value of R$75.22 is for.
Which stocks are comparable to Inter Residence Fundo DE Investimento Imobiliario FII?
From the same area (Real Estate) we also value NCR Corporation, Essex Property Trust, Inc, Mid-America Apartment Communities, Inc, Sun Communities, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Inter Residence Fundo DE Investimento Imobiliario FII stock attractive at the current price?
The data as of Sep 24, 2026: price R$72.65, calculated fair value R$75.22 (+4%), Quality Score 58/100, from 12 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of INRD11 calculated?
We run Inter Residence Fundo DE Investimento Imobiliario FII through 12 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of R$75.22, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0 % above its aggregate fair value. Inter Residence Fundo DE Investimento Imobiliario FII currently trades 4 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Inter Residence Fundo DE Investimento Imobiliario FII (INRD11)?
The closing price on Sep 23, 2026 was R$72.65. Our model-based fair value is R$75.22, about +4% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Inter Residence Fundo DE Investimento Imobiliario FII right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range (R$51.72 to R$96.92) leaves room in how you read the outcome. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Key figures of Inter Residence Fundo DE Investimento Imobiliario FII
How large is the market capitalisation of Inter Residence Fundo DE Investimento Imobiliario FII (INRD11)?
The market capitalisation of Inter Residence Fundo DE Investimento Imobiliario FII is R$82.1M (≈ $16.0M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Inter Residence Fundo DE Investimento Imobiliario FII (INRD11)?
The price-to-sales ratio of Inter Residence Fundo DE Investimento Imobiliario FII is 0.57 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Inter Residence Fundo DE Investimento Imobiliario FII (INRD11)?
Earnings per share at Inter Residence Fundo DE Investimento Imobiliario FII are R$8.33 (price ÷ EPS = P/E 8.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Inter Residence Fundo DE Investimento Imobiliario FII (INRD11)?
The net margin of Inter Residence Fundo DE Investimento Imobiliario FII is 6.6% (fiscal year 2023). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the EBIT return on assets of Inter Residence Fundo DE Investimento Imobiliario FII (INRD11)?
On an EBIT basis the return on assets of Inter Residence Fundo DE Investimento Imobiliario FII is 5.0% (avg 4y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
Free · no account needed
Watch Inter Residence Fundo DE Investimento Imobiliario FII in the live analysis
One click puts Inter Residence Fundo DE Investimento Imobiliario FII on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
