Fundo Investimento Imobiliario SC 401 (BSP:FISC11) EBIT: R$5.82 Mil (TTM As of Dec. 2025)


BSP:FISC11 Fundo Investimento Imobiliario SC 401 BSP:FISC11
71 GF Score
Price R$68.25
GF Value R$95.51
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Fundo Investimento Imobiliario SC 401 EBIT?

Fundo Investimento Imobiliario SC 401 BSP:FISC11 +0.01% 71 EBIT is R$5.82 Mil as of Dec. 2025. GuruFocus rates BSP:FISC11 with a GF Score™ of 71/100 and a GF Value™ of R$95.51 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Fundo Investimento Imobiliario SC 401's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was R$5.82 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was R$5.82 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fundo Investimento Imobiliario SC 401's annualized ROC % for the quarter that ended in Dec. 2025 was 4.95%. Fundo Investimento Imobiliario SC 401's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 780.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fundo Investimento Imobiliario SC 401's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 5.09%.

Fundo Investimento Imobiliario SC 401  (BSP:FISC11) EBIT Explanation

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

Fundo Investimento Imobiliario SC 401'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 )
=9.526 * ( 1 - 0.77% )/( (194.349 + 187.29)/ 2 )
=9.4526498/190.8195
=4.95 %

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))
=196.217 - 0.316 - ( 1.552 - max(0, 0.316 - 3.227+1.552))
=194.349

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))
=189.458 - 0.527 - ( 1.641 - max(0, 0.527 - 2.869+1.641))
=187.29

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

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

Fundo Investimento Imobiliario SC 401'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 )
=5.821/( ( (0 + max(1.032, 0)) + (0 + max(0.46, 0)) )/ 2 )
=5.821/( ( 1.032 + 0.46 )/ 2 )
=5.821/0.746
=780.29 %

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)
=(1.038 + 0.31 + -4.4408920985006E-16) - (0.316 + 0 + 0)
=1.032

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.677 + 0.31 + 4.4408920985006E-16) - (0.527 + 0 + 0)
=0.46

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:

Fundo Investimento Imobiliario SC 401's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=5.821/114.384
=5.09 %

* 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 Investimento Imobiliario SC 401 EBIT Related Terms

Fundo Investimento Imobiliario SC 401 EBIT Historical Data

* Premium members only.

The historical data trend for Fundo Investimento Imobiliario SC 401'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.

Fundo Investimento Imobiliario SC 401 EBIT Chart

Fundo Investimento Imobiliario SC 401 Annual Data
Trend Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -60.58 2.54 16.86 -2.03 5.82

Fundo Investimento Imobiliario SC 401 Semi-Annual Data
Dec12 Dec13 Dec14 Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -60.58 2.54 16.86 -2.03 5.82

BSP:FISC11 vs VICI, WPC: EBIT Comparison

For the REIT - Diversified subindustry, Fundo Investimento Imobiliario SC 401'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 Investimento Imobiliario SC 401 EV-to-EBIT vs REITs Industry

For the REITs industry and Real Estate sector, Fundo Investimento Imobiliario SC 401's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Fundo Investimento Imobiliario SC 401's EV-to-EBIT falls into.


BSP:FISC11
71GF Score
Fundo Investimento Imobiliario SC 401 BSP:FISC11
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Fundo Investimento Imobiliario SC 401 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$5.82 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$5.82 Mil mean?
Fundo Investimento Imobiliario SC 401 (BSP:FISC11) has a EBIT of R$5.82 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Fundo Investimento Imobiliario SC 401.
Is Fundo Investimento Imobiliario SC 401's EBIT too high?
Fundo Investimento Imobiliario SC 401's current EBIT is R$5.82 Mil. Overall, Fundo Investimento Imobiliario SC 401 has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fundo Investimento Imobiliario SC 401's EBIT compare to VICI and WPC?
Fundo Investimento Imobiliario SC 401's EBIT of R$5.82 Mil can be compared against companies in the REITs 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 REITs company?
A good EBIT depends on the REITs 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 Fundo Investimento Imobiliario SC 401. Fundo Investimento Imobiliario SC 401's current EBIT is R$5.82 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fundo Investimento Imobiliario SC 401 stock overvalued right now?
Based on GuruFocus' analysis, Fundo Investimento Imobiliario SC 401 (BSP:FISC11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$95.51, compared to a current price of R$68.25 — trading 28.5% below its estimated fair value. The current EBIT is R$5.82 Mil. Fundo Investimento Imobiliario SC 401's overall GF Score™ is 71/100 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 Fundo Investimento Imobiliario SC 401 (BSP:FISC11), the current EBIT is R$5.82 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 Fundo Investimento Imobiliario SC 401 (BSP:FISC11) Overvalued in 2026?

Based on GuruFocus' analysis, Fundo Investimento Imobiliario SC 401 stock appears to be undervalued. The current stock price of R$68.25 is trading 28.5% below its estimated GF Value™ of R$95.51. GuruFocus considers Fundo Investimento Imobiliario SC 401 to be Modestly Undervalued.

Key valuation signals for BSP:FISC11:

  • EBIT: R$5.82 Mil
  • GF Value™: R$95.51 vs. price of R$68.25 (28.5% below fair value)
  • GF Score™: 71/100 with 2 warning signs

No single metric tells the full story. See the BSP:FISC11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Fundo Investimento Imobiliario SC 401 Business Description

Industry Real EstateREITs
Address RUA SURUBIM, 577 - 10th Floor - CJ. 101, CIDADE MONCOES, SAO PAULO, SP, BRA, 4571050
Fundo Investimento Imobiliario SC 401 is a structured fund operated by UNITS BR-CAPITAL. The fund owns stores and office complexes for the lease of Square SC, a multipurpose development located in Florianopolis/SC, and Mall W Tower, a mall located in Caxias do Sul/RS. The fund owns stores and corporate offices in Square SC, in addition to owning the rotating parking lot and owns stores in the Mall W Tower and the rotating parking in the Mall.
71GF Score

Get the complete analysis for BSP:FISC11

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

R$68.25
Price
R$95.51
GF Value