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BTG Pactual Credito Imobiliario (BSP:BTCI11) EBIT : R$123.3 Mil (TTM As of Dec. 2023)


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What is BTG Pactual Credito Imobiliario EBIT?

BTG Pactual Credito Imobiliario's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was R$123.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was R$123.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. BTG Pactual Credito Imobiliario's annualized ROC % for the quarter that ended in Dec. 2023 was 837.51%. BTG Pactual Credito Imobiliario's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. BTG Pactual Credito Imobiliario's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -654.91%.

BTG Pactual Credito Imobiliario EBIT Historical Data

The historical data trend for BTG Pactual Credito Imobiliario's EBIT 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.

* Premium members only.

BTG Pactual Credito Imobiliario EBIT Chart

BTG Pactual Credito Imobiliario Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial 11.84 21.52 48.12 106.28 123.26

BTG Pactual Credito Imobiliario Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT Get a 7-Day Free Trial 11.84 21.52 48.12 106.28 123.26

Competitive Comparison of BTG Pactual Credito Imobiliario's EBIT

For the Asset Management subindustry, BTG Pactual Credito Imobiliario's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.

BTG Pactual Credito Imobiliario's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BTG Pactual Credito Imobiliario's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where BTG Pactual Credito Imobiliario's EV-to-EBIT falls into.


BTG Pactual Credito Imobiliario EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was R$123.3 Mil.

* 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.

BTG Pactual Credito Imobiliario  (BSP:BTCI11) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

BTG Pactual Credito Imobiliario's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2022 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=123.26 * ( 1 - 0% )/( (18.334 + 11.101)/ 2 )
=123.26/14.7175
=837.51 %

where

Invested Capital(Q: Dec. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1019.818 - 0.014 - ( 1019.816 - max(0, 18.348 - 1019.818+1019.816))
=18.334

Invested Capital(Q: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1028.357 - 0.007 - ( 1026.97 - max(0, 11.108 - 1028.357+1026.97))
=11.101

Note: The Operating Income data used here is one times the annual (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

BTG Pactual Credito Imobiliario's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=123.26/( ( (0 + max(-18.346, 0)) + (0 + max(-11.106, 0)) )/ 2 )
=123.26/( ( 0 + 0 )/ 2 )
=123.26/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.0019999999999527) - (0.014 + 0 + 18.334)
=-18.346

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.0019999999999527) - (0.007 + 0 + 11.101)
=-11.106

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

BTG Pactual Credito Imobiliario's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=123.26/-18.821
=-654.91 %

* 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.

BTG Pactual Credito Imobiliario EBIT Related Terms

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BTG Pactual Credito Imobiliario (BSP:BTCI11) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BTG Pactual Credito Imobiliario (BSP:BTCI11) » Definitions » EBIT
Comparable Companies
Traded in Other Exchanges
N/A
Address
Av. Brigadeiro Faria Lima, 3.477, 14th Floor, Sao Paulo, SP, BRA, 04538-133
Website
https://banking.btgpactual.com
BTG Pactual Credito Imobiliario is a real estate fund in the high-grade real estate credit segment. It stands out for the active management of its portfolio, with the primary objective of investing in real estate receivables certificates that offer investors the best return in relation to the risk of operations.

BTG Pactual Credito Imobiliario (BSP:BTCI11) Headlines

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