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Fundo De Investimento Imobiliario Caixa Agencias (BSP:CXAG11) EBIT : R$ Mil (TTM As of Jun. 2024)


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What is Fundo De Investimento Imobiliario Caixa Agencias EBIT?

Fundo De Investimento Imobiliario Caixa Agencias's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was R$17.48 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fundo De Investimento Imobiliario Caixa Agencias's annualized ROC % for the quarter that ended in Jun. 2024 was 7.32%. Fundo De Investimento Imobiliario Caixa Agencias's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 1,306.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Fundo De Investimento Imobiliario Caixa Agencias EBIT Historical Data

The historical data trend for Fundo De Investimento Imobiliario Caixa Agencias'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.

Fundo De Investimento Imobiliario Caixa Agencias EBIT Chart

Fundo De Investimento Imobiliario Caixa Agencias Annual Data
Trend Jun22 Jun23 Jun24
EBIT
- 18.43 17.48

Fundo De Investimento Imobiliario Caixa Agencias Semi-Annual Data
Jun22 Jun23 Jun24
EBIT - 18.43 17.48

Competitive Comparison of Fundo De Investimento Imobiliario Caixa Agencias's EBIT

For the REIT - Specialty subindustry, Fundo De Investimento Imobiliario Caixa Agencias'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.

Fundo De Investimento Imobiliario Caixa Agencias's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fundo De Investimento Imobiliario Caixa Agencias's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Fundo De Investimento Imobiliario Caixa Agencias's EV-to-EBIT falls into.


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Fundo De Investimento Imobiliario Caixa Agencias 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 Jun. 2024 was R$ 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.

Fundo De Investimento Imobiliario Caixa Agencias  (BSP:CXAG11) EBIT Explanation

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

Fundo De Investimento Imobiliario Caixa Agencias's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=17.475 * ( 1 - 0% )/( (240.29 + 237.431)/ 2 )
=17.475/238.8605
=7.32 %

where

Invested Capital(Q: Jun. 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))
=250.296 - 8.807 - ( 1.199 - max(0, 8.807 - 12.251+1.199))
=240.29

Invested Capital(Q: Jun. 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))
=243.273 - 1.843 - ( 3.999 - max(0, 1.843 - 6.273+3.999))
=237.431

Note: The Operating Income data used here is one times the annual (Jun. 2024) data.

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

Fundo De Investimento Imobiliario Caixa Agencias's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=17.475/( ( (0 + max(2.245, 0)) + (0 + max(0.431, 0)) )/ 2 )
=17.475/( ( 2.245 + 0.431 )/ 2 )
=17.475/1.338
=1,306.05 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.497 + 8.553 + 0.0019999999999989) - (8.807 + 0 + 0)
=2.245

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.247 + 0 + 0.026999999999999) - (1.843 + 0 + 0)
=0.431

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Jun. 2024) EBIT data.

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

Fundo De Investimento Imobiliario Caixa Agencias's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=/144.205
= %

* 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.

Fundo De Investimento Imobiliario Caixa Agencias EBIT Related Terms

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Fundo De Investimento Imobiliario Caixa Agencias Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fundo De Investimento Imobiliario Caixa Agencias (BSP:CXAG11) » Definitions » EBIT
Comparable Companies
BSP:MCEM11 BSP:CXCI11 BSP:VTLT11 BSP:MANA11 BSP:SNEL11 BSP:SADI11 BSP:HGFF11 BSP:SPDE11 BSP:JCIN11 BSP:PMIS11 EQIX AMT DLR CCI IRM SBAC WY GLPI LAMR MEX:EDUCA18
Traded in Other Exchanges
N/A
Address
Avenida das Americas 3434, Bloco 7, 2nd Floor, Rio de Janeiro, BRA, 22640-102
Website
https://www.oliveiratrust.com.br
Fundo De Investimento Imobiliario Caixa Agencias is a Real estate investment fund. The purpose of the CAIXA Agency FII is to carry out long-term real estate investments, through the acquisition and eventual construction and adaptation of Bank Branches for lease to Caixa Economica Federal.

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