B3 - Brasil Bolsa Balcao (BSP:B3SA3) EBIT: R$9,898 Mil (TTM As of Mar. 2026)


BSP:B3SA3 B3 SA - Brasil Bolsa Balcao BSP:B3SA3
88 GF Score
Price R$15.03
GF Value R$16.41
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is B3 - Brasil Bolsa Balcao EBIT?

B3 - Brasil Bolsa Balcao BSP:B3SA3 +2.11% 88 EBIT is R$9,898 Mil as of Mar. 2026. GuruFocus rates BSP:B3SA3 with a GF Score™ of 88/100 and a GF Value™ of R$16.41 (Fairly Valued). The stock has 7 warning signs investors should review.

B3 - Brasil Bolsa Balcao's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was R$2,487 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was R$9,898 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. B3 - Brasil Bolsa Balcao's annualized ROC % for the quarter that ended in Mar. 2026 was 14.86%. B3 - Brasil Bolsa Balcao's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1,144.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. B3 - Brasil Bolsa Balcao's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.15%.


B3 - Brasil Bolsa Balcao  (BSP:B3SA3) EBIT Explanation

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

B3 - Brasil Bolsa Balcao'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 )
=7708.292 * ( 1 - 28.43% )/( (37344.342 + 36918.193)/ 2 )
=5516.8245844/37131.2675
=14.86 %

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))
=48487.647 - 2723.164 - ( 15529.242 - max(0, 9291.962 - 17712.103+15529.242))
=37344.342

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))
=48574.011 - 2280.828 - ( 15578.005 - max(0, 8570.715 - 17945.705+15578.005))
=36918.193

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

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

B3 - Brasil Bolsa Balcao'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 )
=9949.284/( ( (880.467 + max(-6028.814, 0)) + (857.951 + max(-4742.416, 0)) )/ 2 )
=9949.284/( ( 880.467 + 857.951 )/ 2 )
=9949.284/869.209
=1,144.64 %

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)
=(618.339 + 0 + 1330.263) - (2723.164 + 0 + 5254.252)
=-6028.814

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(669.164 + 0 + 1463.249) - (2280.828 + 0 + 4594.001)
=-4742.416

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:

B3 - Brasil Bolsa Balcao's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=9898.325/75283.722
=13.15 %

* 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.


B3 - Brasil Bolsa Balcao EBIT Related Terms


B3 - Brasil Bolsa Balcao EBIT Historical Data

* Premium members only.

The historical data trend for B3 - Brasil Bolsa Balcao'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.

B3 - Brasil Bolsa Balcao EBIT Chart

B3 - Brasil Bolsa Balcao Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,113.08 7,174.78 6,842.88 7,441.89 8,666.64

B3 - Brasil Bolsa Balcao Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,963.10 2,229.88 1,751.26 3,429.87 2,487.32

BSP:B3SA3 vs SPGI, CME, ICE: EBIT Comparison

For the Financial Data & Stock Exchanges subindustry, B3 - Brasil Bolsa Balcao'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.


B3 - Brasil Bolsa Balcao EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, B3 - Brasil Bolsa Balcao's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where B3 - Brasil Bolsa Balcao's EV-to-EBIT falls into.


BSP:B3SA3
88GF Score
B3 SA - Brasil Bolsa Balcao BSP:B3SA3
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

B3 - Brasil Bolsa Balcao 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$9,898 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$9,898 Mil mean?
B3 - Brasil Bolsa Balcao (BSP:B3SA3) has a EBIT of R$9,898 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on B3 - Brasil Bolsa Balcao.
Is B3 - Brasil Bolsa Balcao's EBIT too high?
B3 - Brasil Bolsa Balcao's current EBIT is R$9,898 Mil. Overall, B3 - Brasil Bolsa Balcao has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does B3 - Brasil Bolsa Balcao's EBIT compare to SPGI and CME?
B3 - Brasil Bolsa Balcao's EBIT of R$9,898 Mil can be compared against companies in the Capital Markets 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 a Capital Markets company?
A good EBIT depends on the Capital Markets 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 B3 - Brasil Bolsa Balcao. B3 - Brasil Bolsa Balcao's current EBIT is R$9,898 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is B3 - Brasil Bolsa Balcao stock overvalued right now?
Based on GuruFocus' analysis, B3 - Brasil Bolsa Balcao (BSP:B3SA3) is currently considered Fairly Valued. The stock's GF Value™ is R$16.41, compared to a current price of R$15.03 — trading 8.4% below its estimated fair value. The current EBIT is R$9,898 Mil. B3 - Brasil Bolsa Balcao's overall GF Score™ is 88/100 with 7 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 B3 - Brasil Bolsa Balcao (BSP:B3SA3), the current EBIT is R$9,898 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.

Is B3 - Brasil Bolsa Balcao (BSP:B3SA3) Overvalued in 2026?

Based on GuruFocus' analysis, B3 - Brasil Bolsa Balcao stock appears to be undervalued. The current stock price of R$15.03 is trading 8.4% below its estimated GF Value™ of R$16.41. GuruFocus considers B3 - Brasil Bolsa Balcao to be Fairly Valued.

Key valuation signals for BSP:B3SA3:

  • EBIT: R$9,898 Mil
  • GF Value™: R$16.41 vs. price of R$15.03 (8.4% below fair value)
  • GF Score™: 88/100 with 7 warning signs

No single metric tells the full story. See the BSP:B3SA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


B3 - Brasil Bolsa Balcao Business Description

Other Exchanges BOLSY:USAYBV0:Germany
Address Praca Antonio Prado, 48, Centro, Sao Paulo, SP, BRA, 01010-901
B3 SA - Brasil Bolsa Balcao is a financial market exchange. Its services consist of trading, clearing, and other post-trade services. The company's activities are carried out through its trading systems and clearinghouses and include transactions with securities, interbank foreign exchange, and securities under custody in the special system for settlement and custody. The company's segment involves: Markets, Data Analytics Solutions (Trillia), Capital Market Solutions and Technology & Platforms . It derives maximum revenue from the Technology & Platforms Segment.
88GF Score

Get the complete analysis for BSP:B3SA3

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

R$15.03
Price
R$16.41
GF Value