REIT · B3 · public data

MFII11

FII MERITO I · Multicategoria

Reference priceR$39.04Updated according to the public source

P/E—

P/B0.40

ROE—

DY 12M25.61%

Net margin—

Net debt/equity—

Market capR$ 265.5 M

Volume (shares)Not disclosed

SectorMulticategoria

Overview

About MFII11

Demonstrações públicas consolidadas

FII MERITO I (MFII11) is a Brazilian real estate investment trust in the Multicategoria sector. Revenue (2026): R$350,000.00. Net income (2025): R$ 70.6 M. Operating cash flow (2025): R$ -10.6 M.

Available statements: Income statement, Balance sheet, Cash flow. Most recent period in the first statement: 2026.

Distributions

Dividends and distributions · last 12 records

Indicadores públicos consolidados

11/25

12/25

01/26

02/26

03/26

04/26

05/26

06/26

07/26

08/26

09/26

10/26

Income in shown recordsR$10.00

DY 12M25.61%

Records shown12

Date / reported periodTypeValue per share/unit

2026-10-15rendimentoR$0.30

2026-09-15rendimentoR$0.30

2026-08-14rendimentoR$0.30

2026-07-14rendimentoR$0.91

2026-06-15rendimentoR$0.91

2026-05-15rendimentoR$0.91

Financials

Income statement, balance sheet and cash flow

Available

Income statement

Account2023202420252026

(+) Receita de venda de imóveis em estoqueR$230,000.00R$5,020,000.00R$14,260,000.00R$350,000.00

(-) Custo dos imóveis em estoque vendidosR$0.00R$0.00R$0.00R$0.00

(+/-) Ajuste ao valor de realização dos estoques-R$9,930.00R$0.00R$0.00R$0.00

(+/-) Outras receitas/despesas de imóveis em estoqueR$0.00R$0.00R$0.00R$0.00

Resultado líquido de imóveis em estoqueR$250,000.00R$5,020,000.00R$14,260,000.00R$350,000.00

(+) Receitas de aluguéis das propriedades para investimentoR$4,470,000.00R$11,740,000.00R$0.00R$0.00

(-) Despesas com manutenção e conservação das propriedades para investimentoR$0.00-R$43,860.00R$0.00R$0.00

(+) Receitas de venda de propriedades para investimentoR$0.00R$34,090,000.00R$0.00R$0.00

(-) Custo das propriedades para investimento vendidasR$0.00R$0.00R$0.00R$0.00

(+/-) Ajuste ao valor justo das propriedades para investimentoR$0.00-R$4,380,000.00-R$280,000.00R$0.00

(+/-) Outras receitas/despesas das propriedades para investimentoR$0.00R$310,000.00R$0.00R$0.00

Resultado líquido de imóveis para rendaR$4,470,000.00R$41,710,000.00-R$280,000.00R$0.00

(+) Receitas de juros dos ativos imobiliários representados por TVMR$600,000.00R$0.00R$3,620,000.00R$2,610,000.00

(+/-) Ajuste ao valor justo dos ativos imobiliários representados por TVMR$18,420,000.00R$23,140,000.00R$40,160,000.00R$30,980,000.00

(+) Resultado na venda de ativos imobiliários representados por TVM-R$1,350.00R$3,390.00R$20,720,000.00R$38,330.00

(+/-) Outras receitas/despesas de ativos imobiliários representados por TVMR$0.00-R$1,120,000.00R$0.00R$0.00

Resultado líquido de ativos imobiliários representados por TVMR$23,740,000.00R$68,760,000.00R$78,480,000.00R$33,980,000.00

Resultado líquido dos ativos imobiliáriosR$23,740,000.00R$68,760,000.00R$78,480,000.00R$33,980,000.00

(+) Receitas de juros de aplicações financeirasR$110,000.00R$230,000.00R$140,000.00R$290,000.00

(+/-) Ajuste ao valor justo de aplicações financeirasR$400,000.00R$420,000.00R$200,000.00R$0.00

(+/-) Resultado na venda de aplicações financeirasR$190,000.00R$0.00R$0.00R$0.00

(+/-) Outras receitas/despesas de aplicações financeirasR$0.00R$0.00R$0.00R$0.00

Resultado líquido dos recursos mantidos para as necessidades de liquidezR$700,000.00R$650,000.00R$340,000.00R$290,000.00

Resultado líquido com instrumentos financeiros derivativosR$0.00R$0.00R$0.00R$0.00

(-) Taxa de administração-4,840,000-4,490,000-7,810,000-3,870,000

(-) Taxa de desempenho (performance)0-2,100,000-330,0000

(-) Consultoria especializada de que trata o art. 31, II, ICVM 472R$0.00-R$1,020,000.00R$0.00R$0.00

(-) Empresa especializada de que trata o art. 31, III, ICVM 4R$0.00R$0.00R$0.00R$0.00

(-) Formador de mercado de que trata o art. 31, IV, ICVM 472R$0.00R$0.00R$0.00R$0.00

(-) Custódia dos títulos e valores mobiliários do FII-R$12,690.00-R$13,580.00-R$611.61-R$826.35

(-) Auditoria independente-R$7,650.00-R$78,590.00-R$16,600.00-R$36,510.00

(-) Representante(s) de cotistasR$0.00R$0.00R$0.00R$0.00

(-) Taxas, impostos ou contribuições federais, estaduais e municipais (incluindo a CVM)-R$57,030.00-R$67,410.00-R$83,760.00-R$76,030.00

(-) Comissões e emolumentos pagos sobre as operações do FIIR$0.00-R$30,430.00R$0.00R$0.00

(-) Honorários de advogados, custas e despesas correlatas incorridas em defesa dos interesses do FII (Judicial ou Extrajudicialmente)R$0.00R$0.00R$0.00-R$140,000.00

(-) Gastos derivados da celebração de contratos de seguro sobre os ativos do FIIR$0.00R$0.00R$0.00R$0.00

(-) Despesas com avaliações obrigatórias-R$19,200.00-R$32,000.00-R$3,680.00-R$12,370.00

(-) Taxa de ingresso ou saída dos fundos de que o FII seja cotista0000

(-) Despesas com o registro de documentos em cartório-R$513.26-R$12,750.00R$0.00R$0.00

(+/-) Outras receitas/despesas-R$3.60-R$95,240.00R$0.17-R$2,330.00

Total de outras receitas/despesas-R$4,940,000.00-R$7,940,000.00-R$8,240,000.00-R$4,140,000.00

Resultado contábil/financeiro trimestral líquidoR$19,500,000.00R$61,460,000.00R$70,580,000.00R$30,130,000.00

Balance sheet

Account2023202420252026

Número cotistas30,43033,48032,50032,000

Número cotas emitidas4,430,000 shares5,210,000 shares6,800,000 shares6,800,000 shares

Ativos - (R$)R$513,440,000.00R$561,430,000.00R$684,230,000.00R$665,510,000.00

Patrimônio líquido - (R$)R$507,740,000.00R$552,500,000.00R$676,630,000.00R$662,780,000.00

Valor patrimonial cota - (R$)R$114.70R$106.00R$99.50R$97.47

Total necessidade liquidez - (R$)R$2,030,000.00R$8,350,000.00R$4,740,000.00R$60.35

Disponibilidades - (R$)R$0.00R$2,930.00R$410.17R$60.30

Títulos públicos - (R$)R$0.00R$0.00R$4,710,000.00R$0.00

Títulos privados - (R$)R$0.00R$0.00R$0.00R$0.00

Fundos renda fixa - (R$)R$0.00R$0.00R$0.00R$0.00

Total investido - (R$)R$492,810,000.00R$543,720,000.00R$631,770,000.00R$662,820,000.00

Bens e direitos imóveis - (R$)R$0.00R$0.00R$0.00R$0.00

Terrenos - (R$)R$25,660,000.00R$8,340,000.00R$390,000.00R$390,000.00

Imóveis renda acabados - (R$)R$0.00R$0.00R$0.00R$0.00

Imóveis renda construção - (R$)R$25,670,000.00R$32,920,000.00R$32,640,000.00R$32,640,000.00

Imóveis venda acabados - (R$)R$0.00R$0.00R$0.00R$0.00

Imóveis venda construção - (R$)R$0.00R$0.00R$0.00R$0.00

Outros bens e direitos - (R$)R$0.00R$0.00R$0.00R$0.00

Ações - (R$)R$0.00R$0.00R$0.00R$0.00

Debêntures - (R$)R$0.00R$0.00R$0.00R$0.00

Bônus de subscrição - (R$)R$0.00R$0.00R$0.00R$0.00

Certificados de depósitos valores mobiliários - (R$)R$0.00R$0.00R$0.00R$0.00

Cédulas de debêntures - (R$)R$0.00R$0.00R$0.00R$0.00

Fundo de Ações (FIA) - (R$)R$0.00R$0.00R$0.00R$0.00

Fundo de Investimento em Participações (FIP) - (R$)R$0.00R$158,740,000.00R$149,900,000.00R$104,740,000.00

Fundo de Investimento Imobiliário (FII) - (R$)R$159,110,000.00R$0.00R$0.00R$0.00

Fundo de Investimento em Direitos Creditórios (FIDC) - (R$)R$0.00R$0.00R$0.00R$0.00

Outras cotas de Fundos de Investimento - (R$)R$0.00R$0.00R$0.00R$0.00

Notas promissórias - (R$)R$0.00R$0.00R$0.00R$0.00

Ações de Sociedades cujo único propósito se enquadra entre as atividades permitidas aos FII - (R$)R$0.00R$0.00R$0.00R$0.00

Cotas de Sociedades que se enquadre entre as atividades permitidas aos FII - (R$)R$282,380,000.00R$343,710,000.00R$448,840,000.00R$525,050,000.00

Certificados de Potencial Adicional de Construção (CEPAC) - (R$)R$0.00R$0.00R$0.00R$0.00

Certificado de Recebíveis Imobiliários (CRI) - (R$)R$0.00R$0.00R$0.00R$0.00

Letras Hipotecárias - (R$)R$0.00R$0.00R$0.00R$0.00

Letras de Crédito Imobiliário (LCI) - (R$)R$0.00R$0.00R$0.00R$0.00

Letra Imobiliária Garantida (LIG) - (R$)R$0.00R$0.00R$0.00R$0.00

Outros Valores Mobiliários - (R$)R$0.00R$0.00R$0.00R$0.00

Valores a Receber - (R$)R$246,530,000.00R$481,920,000.00R$383,960,000.00R$106,850,000.00

Contas a Receber por Aluguéis - (R$)R$24,880.00R$8,000.00R$0.00R$0.00

Contas a Receber por Venda de Imóveis - (R$)R$180,510,000.00R$114,220,000.00R$65,890,000.00R$3,800,000.00

Outros Valores a Receber - (R$)R$65,990,000.00R$367,700,000.00R$318,080,000.00R$103,050,000.00

Valores a pagar - (R$)R$64,020,000.00R$53,410,000.00R$0.00R$0.00

Rendimentos a distribuir - (R$)R$55,470,000.00R$67,740,000.00R$73,230,000.00R$40,930,000.00

Taxa de administração a pagar - (R$)7,720,0009,400,00010,330,0004,830,000

Taxa de performance a pagar - (R$)360,00014,210,0003,390,0000

Obrigações por aquisição de imóveis - (R$)R$0.00R$0.00R$0.00R$0.00

Adiantamento por venda de imóveis - (R$)R$0.00R$0.00R$0.00R$0.00

Adiantamento de valores de aluguéis - (R$)R$0.00R$0.00R$0.00R$0.00

Obrigações por securitização de recebíveis - (R$)R$0.00R$0.00R$0.00R$0.00

Instrumentos financeiros derivativos - (R$)R$0.00R$0.00R$0.00R$0.00

Provisões para contingências - (R$)R$0.00R$0.00R$0.00R$0.00

Outros valores a pagar - (R$)R$480,000.00R$3,420,000.00R$400,000.00R$320,000.00

Cash flow

Account2022202320242025

Free Cash FlowR$6,557,000.00-R$19,519,000.00R$8,004,000.00-R$10,609,000.00

Issuance Of Capital StockR$0.00R$26,034,000.00R$79,544,000.00R$125,980,000.00

End Cash PositionR$13,317,000.00R$2,028,000.00R$8,345,000.00R$4,735,000.00

Other Cash Adjustment Outside Changein CashR$1,000.00———

Beginning Cash PositionR$107,703,000.00R$13,317,000.00R$2,028,000.00R$8,345,000.00

Changes In Cash-R$94,387,000.00-R$11,289,000.00R$6,317,000.00-R$3,610,000.00

Financing Cash Flow-R$55,892,000.00-R$29,113,000.00R$12,906,000.00R$54,162,000.00

Net Other Financing Charges—R$186,000.00-R$186,000.00R$805,000.00

Interest Paid Cff-R$55,892,000.00-R$55,333,000.00-R$66,452,000.00-R$72,623,000.00

Net Common Stock IssuanceR$0.00R$26,034,000.00R$79,544,000.00R$125,980,000.00

Common Stock IssuanceR$0.00R$26,034,000.00R$79,544,000.00R$125,980,000.00

Investing Cash Flow-R$45,052,000.00R$37,343,000.00-R$14,593,000.00-R$47,163,000.00

Dividends Received CfiR$61,371,000.00R$56,790,000.00R$29,100,000.00R$30,360,000.00

Net Investment Properties Purchase And Sale-R$109,266,000.00R$9,527,000.00R$21,284,000.00R$21,719,000.00

Sale Of Investment PropertiesR$12,916,000.00R$14,350,000.00R$28,538,000.00R$21,719,000.00

Purchase Of Investment Properties-R$122,182,000.00-R$4,823,000.00-R$7,254,000.00—

Net Business Purchase And SaleR$2,843,000.00-R$28,974,000.00-R$64,977,000.00-R$99,242,000.00

Sale Of BusinessR$2,843,000.00R$28,096,000.00R$373,000.00R$0.00

Purchase Of BusinessR$0.00-R$57,070,000.00-R$65,350,000.00-R$99,242,000.00

Operating Cash FlowR$6,557,000.00-R$19,519,000.00R$8,004,000.00-R$10,609,000.00

Change In Working Capital-R$22,143,000.00-R$3,532,000.00R$3,564,000.00-R$41,026,000.00

Change In Other Current LiabilitiesR$112,000.00———

Change In Other Current Assets-R$8,869,000.00-R$1,053,000.00R$1,967,000.00-R$2,033,000.00

Change In Payable-R$1,895,000.00—R$8,000.00-R$148,000.00

Change In Prepaid AssetsR$112,000.00———

Change In Receivables-R$13,274,000.00-R$2,479,000.00R$1,589,000.00-R$38,845,000.00

Gain Loss On Investment SecuritiesR$9,026,000.00-R$78,783,000.00-R$3,615,000.00-R$3,913,000.00

Net Income From Continuing OperationsR$48,773,000.00R$98,523,000.00R$33,144,000.00R$70,576,000.00

FAQ

Frequently asked questions

What is the price of MFII11?

The reference price available for MFII11 is R$39.04.

What is the P/B of MFII11?

The P/B of MFII11 is 0.40. This compares price with reported book value per share.

What is the dividend yield of MFII11?

The dividend yield of MFII11 is 25.61%. The provider may use annualized dividends; this is not a guaranteed return.

What is the market cap of MFII11?

The market capitalization of MFII11 is R$ 265.5 M.

What sector is MFII11 in?

MFII11 operates in the Multicategoria sector.