MULTIPLAN EMPREENDIMENTOS IMOB (MLTTY) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of MULTIPLAN EMPREENDIMENTOS IMOB stock $25.53, price $15.43, upside +65.5%, quality 70 out of 100. Rating: strongly undervalued. Calculated from audited financials with 16 of our 26 valuation models and 37 quality factors, updated daily.
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. As of Nov 7, 2026.
How to read this chart
35‑month range $6.08 – $15.43 · fair‑value band $12.18 – $43.20 · the $15.43 price screens below the $25.53 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
Follow MULTIPLAN EMPREENDIMENTOS IMOB in your weekly email
Every Wednesday you see whether MULTIPLAN EMPREENDIMENTOS IMOB 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.
Multiplan Empreendimentos Imobiliários S.A. engages in the planning, implementation, development, and sale of real estate projects in Brazil. The company develops residential or commercial properties, including urban shopping malls.
Show moreShow less
It is also involved in the purchase and sale of real estate properties, as well as acquisition and disposal of real estate rights, and its operation through leasing.
In addition, the company provides management and administrative services for its own shopping malls or third party; technical advisory and support services concerning real estate matters; and civil construction, construction works execution, and engineering and related services.
Further, it engages in the planning, development, management, promotion, and intermediation of real estate projects; import and export of goods and services related to its activities; generation of electric power; vehicle manufacturing and parking services; entertainment services; manage and operate theatres; and administration and promotion services.
Additionally, the company engages in promotion, organization, production, agency, programming and execution of sporting, artistic and cultural events, shows, and spectacles; manages sporting, artistic and cultural events; and rental of sound, light and any other equipment.
Multiplan Empreendimentos Imobiliários S.A. was founded in 1974 and is based in Rio De Janeiro, Brazil.
Stock analysis
MULTIPLAN EMPREENDIMENTOS IMOB (MLTTY) currently trades at $15.43, while our model-based Fair Value estimate is $25.53, implying the stock looks roughly 40% undervalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of $33.73 per share, and 9 of the 16 models we run sit above the $15.43 price.
Bear case: the Asset-Based group reads lowest at $2.94, and 7 of the 16 models stay below the price. Data coverage for this calculation is high.
Scenario range: $12.18 (bear) to $43.20 (bull), the price of $15.43 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 70/100 (solid quality), in the Real Estate sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
MULTIPLAN EMPREENDIMENTOS IMOB reported revenue of R$2.7B in FY2025 versus R$1.3B in FY2021, a compound +20.8%/yr. Reported net income was R$1.1B in FY2025, compounding +26.0%/yr from FY2021.
Key figures
Market cap $3.8B Mid · P/E ratio 17.3 · P/S ratio 7.22 · EPS (TTM) $0.8900 · Dividend yield 8.0% · Net margin 41.7% · Return on equity 21.9% · Return on assets (EBIT) 11.0% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 80 out of 100 (low confidence).
What moves the price
The share trades at its 52-week high and 110% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −16% fair-value upside, at 65%, MLTTY screens cheaper than that median.
Fair Value models
Bear$12.18Fair Value $25.53Bull$43.20
Price $15.43 · Upside +65.5%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = 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.100/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+7.6%
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.
+15.1%
Revenue growth 5 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.
+20.4%
Start year 2020 (pandemic)
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 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 5 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. 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.
+22.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+14.3%
Dividend (yield on the price)8.0%
Profit margin 2020 to 2025 ⓘ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.107% → 68%
Growth Forecast
A lot of optimism in the price
The price assumes less growth than the company has delivered so far and more than analysts expect.
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).
+14.8%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
−2.5%
Yearly sales growth analysts expect, extended to five years.
After inflation (figures in BRL, Brazil: IMF forecast 3.3% a year to 2030, 5.4% from 2016 to 2025) that is about +11.2% a year for the price and −5.6% for the forecasts.
AI conclusion: Multiplan's Brazilian shopping malls generate steady rental and parking income backed by strong occupancy and cash flow, yet the move into development projects and asset sales creates execution and capital allocation uncertainties.
Main risk: The shift to development and selective asset sales introduces execution and capital allocation risks that could disrupt steady rental income from the mall portfolio.
Multiplan runs a portfolio of Brazilian shopping malls that deliver steady rental and parking income while it expands existing sites and develops mixed-use projects on its land bank. Strong occupancy and cash generation support the core business, yet the shift toward development and selective asset sales introduces execution and capital allocation questions. Our models currently see the shares as undervalued, but does the company gain more from its growth pipeline than it risks in timing and market cycles?
Compare MULTIPLAN EMPREENDIMENTOS IMOB 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.Real Estate Services · 472 stocks
Beats the industry median on 9/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score70 · Top 25%
Fair Value upside+65.5% · Above median
Profitability
Return on equity (12 months)21.9% · Top 25%
Return on assets8.7% · Top 25%
Net margin (12 months)43.4% · Top 25%
Operating margin (12 months)78.5% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)22.0% · Top 25%
Dividend yield (12 months)8.0% · Top 25%
Balance sheet
Debt / equity0.75× · Above median
Valuation Multiplesvs Real Estate Services median · lower = cheaper
P/E (12 months)17.3× · Pricier than median
P/B3.29× · Priciest 25%
P/S (12 months)6.50× · Priciest 25%
Price / free cash flow (fiscal year)14.2× · Pricier than median
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.
Is MULTIPLAN EMPREENDIMENTOS IMOB (MLTTY) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of $25.53 versus a price of $15.43, about +65% upside (undervalued).
What is the fair value of MLTTY?
Our model-based fair value for MULTIPLAN EMPREENDIMENTOS IMOB is $25.53 (as of Nov 7, 2026), built from audited fundamentals. The current price: $15.43.
What is the quality score of MLTTY?
MULTIPLAN EMPREENDIMENTOS IMOB has a Quality Score of 70/100. 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 MULTIPLAN EMPREENDIMENTOS IMOB (MLTTY)?
Our model-based price target is the fair value of $25.53 (as of Nov 7, 2026) from 16 valuation models. Cautious scenario $12.18, optimistic scenario $43.20. It is a calculation from audited fundamentals, not an analyst target.
What is the MULTIPLAN EMPREENDIMENTOS IMOB stock forecast for 2026?
Our models put fair value at $25.53, about +65% upside versus a price of $15.43 (undervalued). Cautious scenario $12.18, optimistic scenario $43.20. The calculation is refreshed regularly with new filings.
What is the revenue of MULTIPLAN EMPREENDIMENTOS IMOB (MLTTY)?
MULTIPLAN EMPREENDIMENTOS IMOB reported trailing-twelve-month revenue of about R$3.2B (latest available figure, as of Nov 7, 2026).
Does MULTIPLAN EMPREENDIMENTOS IMOB pay a dividend?
MULTIPLAN EMPREENDIMENTOS IMOB currently shows a dividend yield of 7.98% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of MULTIPLAN EMPREENDIMENTOS IMOB (MLTTY) and when is the ex-dividend date?
MULTIPLAN EMPREENDIMENTOS IMOB pays a dividend of $1.23 per share a year, a dividend yield of 8.0%. The last ex-dividend date was Oct 8, 2026. The payout ratio is 45.0% of earnings. Free cash flow covers the dividend 2.85 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into MULTIPLAN EMPREENDIMENTOS IMOB (MLTTY)?
For today's price to be fair in a discounted-cash-flow model, MULTIPLAN EMPREENDIMENTOS IMOB would have to grow free cash flow by +14.8 % per year for five years (discount rate 8.5 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +20.4 % per year. As of Nov 7, 2026.
What discount rate (WACC) does the fair value of MLTTY use?
Our models discount MULTIPLAN EMPREENDIMENTOS IMOB at 8.5 %: a base by market capitalisation (mid), damped by beta 0.09, country premium for USA. 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 MULTIPLAN EMPREENDIMENTOS IMOB that is +14.8 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (8.5 %) and the same formula as our fair value.
How much growth has MULTIPLAN EMPREENDIMENTOS IMOB (MLTTY) delivered so far?
Over the past 5 years revenue at MULTIPLAN EMPREENDIMENTOS IMOB grew +20.4 % a year. The price currently implies free-cash-flow growth of +14.8 % per 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 MULTIPLAN EMPREENDIMENTOS IMOB (MLTTY) growing?
The median revenue growth in the sector is +2.7 % a year. That is the yardstick for the growth priced into MULTIPLAN EMPREENDIMENTOS IMOB (+14.8 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of MULTIPLAN EMPREENDIMENTOS IMOB (MLTTY)?
The free-cash-flow yield on the price is 3.52 %: that much free cash flow MULTIPLAN EMPREENDIMENTOS IMOB produces per unit of market value. When it exceeds the discount rate of our models (8.5 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of MULTIPLAN EMPREENDIMENTOS IMOB (MLTTY)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For MULTIPLAN EMPREENDIMENTOS IMOB it is $25.53 per share (as of Nov 7, 2026), against a price of $15.43. It is the blended result of 16 valuation models in 6 families (DCF Models, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is MULTIPLAN EMPREENDIMENTOS IMOB stock overvalued or undervalued in 2026?
As of Nov 7, 2026, MLTTY trades below its calculated fair value: price $15.43, fair value $25.53, a gap of about +65% (undervalued). 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 MLTTY?
No. The price is what the market pays today ($15.43); the fair value is what the company's own numbers justify ($25.53). For MULTIPLAN EMPREENDIMENTOS IMOB the two are $10.10 per share apart. That gap is exactly why we show both numbers side by side.
How much is MULTIPLAN EMPREENDIMENTOS IMOB worth?
The market values MULTIPLAN EMPREENDIMENTOS IMOB at about $3.8B (market capitalisation, as of Nov 7, 2026). Per share that is $15.43; our models calculate a fair value of $25.53 per share.
What do the bullish and bearish scenarios say about MLTTY?
Our models span a range for MULTIPLAN EMPREENDIMENTOS IMOB: cautious scenario $12.18, base $25.53, optimistic $43.20 per share (as of Nov 7, 2026, price $15.43). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of MLTTY?
MULTIPLAN EMPREENDIMENTOS IMOB trades at a price-to-earnings ratio of 17.3 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of $25.53 is built from several models across several years. Other multiples: P/B 3.3, P/S 6.5, EV/EBITDA 10.7.
How solid is the balance sheet of MULTIPLAN EMPREENDIMENTOS IMOB (MLTTY)?
Balance-sheet figures for MULTIPLAN EMPREENDIMENTOS IMOB (as of Nov 7, 2026): return on equity 21.9%, debt of 0.75 per unit of equity. They feed the Quality Score of 70/100, which measures business quality independently of the share price.
How far is MLTTY from its 52-week high?
MULTIPLAN EMPREENDIMENTOS IMOB trades at $15.43, at its 52-week high of $15.43 and 110% above the low of $7.36 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of $25.53 is for.
Which stocks are comparable to MULTIPLAN EMPREENDIMENTOS IMOB?
From the same area (Real Estate) we also value CBRE Group, Cellnex Telecom, S.A, KE Holdings, Swire Properties Limited, 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 MULTIPLAN EMPREENDIMENTOS IMOB stock attractive at the current price?
The data as of Nov 7, 2026: price $15.43, calculated fair value $25.53 (+65%), Quality Score 70/100, from 16 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 MLTTY calculated?
We run MULTIPLAN EMPREENDIMENTOS IMOB through 16 models from 6 families: DCF Models, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of $25.53 builds on their evidence-weighted average, 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 13.3% above its aggregate fair value. MULTIPLAN EMPREENDIMENTOS IMOB currently trades 40% 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 MULTIPLAN EMPREENDIMENTOS IMOB (MLTTY)?
The closing price on Nov 6, 2026 was $15.43. Our model-based fair value is $25.53, about +65% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with MULTIPLAN EMPREENDIMENTOS IMOB right now?
The model range is unusually wide ($12.18 to $43.20). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid quality (70/100) at a price below fair value, the discount is the argument here, not the business quality. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Key figures of MULTIPLAN EMPREENDIMENTOS IMOB
How large is the market capitalisation of MULTIPLAN EMPREENDIMENTOS IMOB (MLTTY)?
The market capitalisation of MULTIPLAN EMPREENDIMENTOS IMOB is $3.8B. 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 MULTIPLAN EMPREENDIMENTOS IMOB (MLTTY)?
The price-to-sales ratio of MULTIPLAN EMPREENDIMENTOS IMOB is 7.22 (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 MULTIPLAN EMPREENDIMENTOS IMOB (MLTTY)?
Earnings per share at MULTIPLAN EMPREENDIMENTOS IMOB are $0.8900 (price ÷ EPS = P/E 17.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of MULTIPLAN EMPREENDIMENTOS IMOB (MLTTY)?
The dividend yield of MULTIPLAN EMPREENDIMENTOS IMOB is 8.0% (payout 138%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of MULTIPLAN EMPREENDIMENTOS IMOB (MLTTY)?
The net margin of MULTIPLAN EMPREENDIMENTOS IMOB is 41.7% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of MULTIPLAN EMPREENDIMENTOS IMOB (MLTTY)?
The return on equity (ROE) of MULTIPLAN EMPREENDIMENTOS IMOB is 21.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of MULTIPLAN EMPREENDIMENTOS IMOB (MLTTY)?
On an EBIT basis the return on assets of MULTIPLAN EMPREENDIMENTOS IMOB is 11.0% (avg 5y). 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.
What is the operating margin of MULTIPLAN EMPREENDIMENTOS IMOB (MLTTY)?
The operating margin of MULTIPLAN EMPREENDIMENTOS IMOB is 78.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at MULTIPLAN EMPREENDIMENTOS IMOB (MLTTY)?
Revenue at MULTIPLAN EMPREENDIMENTOS IMOB is growing +22.0% versus a year earlier (3y avg +15.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at MULTIPLAN EMPREENDIMENTOS IMOB (MLTTY)?
Earnings per share at MULTIPLAN EMPREENDIMENTOS IMOB are growing +62.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does MULTIPLAN EMPREENDIMENTOS IMOB (MLTTY) carry?
The net debt of MULTIPLAN EMPREENDIMENTOS IMOB is R$5.2B (fiscal year 2025, ≈ 3.6 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch MULTIPLAN EMPREENDIMENTOS IMOB in the live analysis
One click puts MULTIPLAN EMPREENDIMENTOS IMOB on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Broad data
Nov 7, 2026