BTG Pactual Credito Imobiliario (BSP:BTCI11) EBIT: R$104.8 Mil (TTM As of Dec. 2025)

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BSP:BTCI11 BTG Pactual Credito Imobiliario BSP:BTCI11
60 GF Score
Price R$9.16
GF Value R$7.10
Valuation Modestly Overvalued
! 5 Warning Signs
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What is BTG Pactual Credito Imobiliario EBIT?

BTG Pactual Credito Imobiliario BSP:BTCI11 -0.22% 60 EBIT is R$104.8 Mil as of Dec. 2025. GuruFocus rates BSP:BTCI11 with a GF Score™ of 60/100 and a GF Value™ of R$7.10 (Modestly Overvalued). The stock has 5 warning signs investors should review.

BTG Pactual Credito Imobiliario's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was R$104.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was R$104.8 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. 2025 was 4,294.67%. BTG Pactual Credito Imobiliario's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 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. 2025 was -120.05%.

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. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2024 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=104.833 * ( 1 - 0% )/( (2.22 + 2.662)/ 2 )
=104.833/2.441
=4,294.67 %

where

Invested Capital(Q: Dec. 2024 )
=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))
=992.089 - 10.764 - ( 989.868 - max(0, 10.764 - 989.869+989.868))
=2.22

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))
=1001.662 - 11.396 - ( 998.939 - max(0, 11.396 - 999+998.939))
=2.662

Note: The Operating Income data used here is one times the annual (Dec. 2025) 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. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=104.833/( ( (0 + max(-10.763, 0)) + (0 + max(-11.335, 0)) )/ 2 )
=104.833/( ( 0 + 0 )/ 2 )
=104.833/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.00099999999997635) - (10.764 + 0 + 0)
=-10.763

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.061000000000035) - (11.396 + 0 + 0)
=-11.335

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2025) 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. 2025 )
=104.833/-87.325
=-120.05 %

* 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

BTG Pactual Credito Imobiliario EBIT Historical Data

* Premium members only.

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.

BTG Pactual Credito Imobiliario EBIT Chart

BTG Pactual Credito Imobiliario Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial 48.12 106.28 123.26 121.65 104.83

BTG Pactual Credito Imobiliario Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT Get a 7-Day Free Trial 48.12 106.28 123.26 121.65 104.83

BSP:BTCI11 vs BLK, BX, KKR: EBIT Comparison

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 EV-to-EBIT vs 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.


BSP:BTCI11
60GF Score
BTG Pactual Credito Imobiliario BSP:BTCI11
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2025 was R$104.8 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$104.8 Mil mean?
BTG Pactual Credito Imobiliario (BSP:BTCI11) has a EBIT of R$104.8 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on BTG Pactual Credito Imobiliario.
Is BTG Pactual Credito Imobiliario's EBIT too high?
BTG Pactual Credito Imobiliario's current EBIT is R$104.8 Mil. Overall, BTG Pactual Credito Imobiliario has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BTG Pactual Credito Imobiliario's EBIT compare to BLK and BX?
BTG Pactual Credito Imobiliario's EBIT of R$104.8 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 BTG Pactual Credito Imobiliario. BTG Pactual Credito Imobiliario's current EBIT is R$104.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BTG Pactual Credito Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, BTG Pactual Credito Imobiliario (BSP:BTCI11) is currently considered Modestly Overvalued. The stock's GF Value™ is R$7.10, compared to a current price of R$9.16 — trading 29% above its estimated fair value. The current EBIT is R$104.8 Mil. BTG Pactual Credito Imobiliario's overall GF Score™ is 60/100 with 5 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 BTG Pactual Credito Imobiliario (BSP:BTCI11), the current EBIT is R$104.8 Mil as of Dec. 2025. 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 BTG Pactual Credito Imobiliario (BSP:BTCI11) Overvalued in 2026?

Based on GuruFocus' analysis, BTG Pactual Credito Imobiliario stock appears to be overvalued. The current stock price of R$9.16 is trading 29% above its estimated GF Value™ of R$7.10. GuruFocus considers BTG Pactual Credito Imobiliario to be Modestly Overvalued.

Key valuation signals for BSP:BTCI11:

  • EBIT: R$104.8 Mil
  • GF Value™: R$7.10 vs. price of R$9.16 (29% above fair value)
  • GF Score™: 60/100 with 5 warning signs

No single metric tells the full story. See the BSP:BTCI11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

BTG Pactual Credito Imobiliario Business Description

Address Av. Brigadeiro Faria Lima, 3.477, 14th Floor, Sao Paulo, SP, BRA, 04538-133
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.
60GF Score

Get the complete analysis for BSP:BTCI11

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

R$9.16
Price
R$7.10
GF Value