B100 (BSP:B1003) EBIT: R$-51.44 Mil (TTM As of Mar. 2026)

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BSP:B1003 B100 SA BSP:B1003
2 GF Score
Price R$18.40
! 2 Warning Signs
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What is B100 EBIT?

B100 BSP:B1003 2 EBIT is R$-51.44 Mil as of Mar. 2026. GuruFocus rates BSP:B1003 with a GF Score™ of 2/100. The stock has 2 warning signs investors should review.

B100's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was R$-4.72 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was R$-51.44 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. B100's annualized ROC % for the quarter that ended in Mar. 2026 was -1,318.24%. B100's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. B100's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -120.82%.

B100  (BSP:B1003) EBIT Explanation

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

B100's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-18.864 * ( 1 - 0% )/( (0.057 + 2.805)/ 2 )
=-18.864/1.431
=-1,318.24 %

where

Invested Capital(Q: Dec. 2025 )
=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))
=0.022 - 0.711 - ( 0.021 - max(0, 0.768 - 0.022+0.021))
=0.057

Invested Capital(Q: Mar. 2026 )
=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))
=4.441 - 1.59 - ( 0.046 - max(0, 1.7 - 2.033+0.046))
=2.805

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

B100's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-18.864/( ( (0 + max(-0.767, 0)) + (0 + max(-1.699, 0)) )/ 2 )
=-18.864/( ( 0 + 0 )/ 2 )
=-18.864/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.001) - (0.711 + 0 + 0.057)
=-0.767

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.00099999999999989) - (1.59 + 0 + 0.11)
=-1.699

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

B100's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-51.441/42.577
=-120.82 %

* 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.

B100 EBIT Related Terms

B100 EBIT Historical Data

* Premium members only.

The historical data trend for B100'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.

B100 EBIT Chart

B100 Annual Data
Trend Dec23 Dec24 Dec25
EBIT
0.00 -0.18 -43.71

B100 Quarterly Data
Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only -0.38 13.06 10.34 -70.13 -4.72

BSP:B1003 vs BLK, BX, KKR: EBIT Comparison

For the Asset Management subindustry, B100'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.

B100 EV-to-EBIT vs Asset Management Industry

For the Asset Management industry and Financial Services sector, B100's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where B100's EV-to-EBIT falls into.


BSP:B1003
2GF Score
B100 SA BSP:B1003
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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B100 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.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-51.44 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of R$-51.44 Mil mean?
B100 (BSP:B1003) has a EBIT of R$-51.44 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on B100.
Is B100's EBIT too high?
B100's current EBIT is R$-51.44 Mil. Overall, B100 has a GF Score™ of 2/100, reflecting its overall financial health beyond just this single metric.
How does B100's EBIT compare to BLK and BX?
B100's EBIT of R$-51.44 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Asset Management company?
A good EBIT depends on the Asset Management industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on B100. B100's current EBIT is R$-51.44 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B100 stock overvalued right now?
B100 (BSP:B1003) has a current EBIT of R$-51.44 Mil. The current EBIT is R$-51.44 Mil. B100's overall GF Score™ is 2/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For B100 (BSP:B1003), the current EBIT is R$-51.44 Mil as of Mar. 2026. 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.

B100 Business Description

Address Avenida Brigadeiro Faria Lima, No. 2.277, 17th Floor, Conjunto 1702, Plaza Iguatemi Building, Sao Paulo, SP, BRA, CEP 01452-000
B100 SA, formerly Ciabrasf Cia Brasileira De Servicos Financeiros SA operates in the management of portfolios of securities and financial assets, including the provision of fiduciary administration and resource management services. The company is also engaged in the protection and defense of the rights and interests of investors in financial transactions, as a fiduciary intervenor, manager, revenue administrator, supervisory agent, and in other functions that have the same purpose.
2GF Score

Get the complete analysis for BSP:B1003

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$18.40
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