Fundo Investimento Imobiliario SC 401 (BSP:FISC11) EBIT : R$16.86 Mil (TTM As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Fundo Investimento Imobiliario SC 401 EBIT?

Fundo Investimento Imobiliario SC 401's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was R$16.86 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was R$16.86 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. 2023 was 3.73%. Fundo Investimento Imobiliario SC 401's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2,405.28%.

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. 2023 was 15.74%.

Fundo Investimento Imobiliario SC 401 EBIT Historical Data

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.

* Premium members only.

Fundo Investimento Imobiliario SC 401 EBIT Chart

Fundo Investimento Imobiliario SC 401 Annual Data

Trend

Dec13

Dec14

Dec15

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

25.16

2.09

-60.58

2.54

16.86

Fundo Investimento Imobiliario SC 401 Semi-Annual Data
	Dec12	Dec13	Dec14	Dec15	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
EBIT	Get a 7-Day Free Trial						25.16	2.09	-60.58	2.54	16.86

Competitive Comparison of Fundo Investimento Imobiliario SC 401's EBIT

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's EV-to-EBIT Distribution in the 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.

Save Embed

;

Save Embed

;

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. 2023 was R$16.86 Mil.

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. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	7.46 * ( 1 - 0.24% )	/	( (195.574	+	203.154)	/ 2 )
=	7.442096	/	199.364
=	3.73 %

where

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	197.777	-	0.453	-	( 1.75	-	max(0, 0.453	-	4.586	+	1.75	))
=	195.574

	Invested Capital		(Q: Dec. 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	))
=	208.509	-	2.363	-	( 3.401	-	max(0, 2.363	-	5.355	+	3.401	))
=	203.154

Note: The Operating Income data used here is one times the annual (Dec. 2023) 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. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	16.861	/	( ( (0 + max(1.402, 0))	+	(0 + max(-0.762, 0)) )	/	2 )
=	16.861	/	( ( 1.402	+	0 )	/	2 )
=	16.861	/	0.701
=	2,405.28 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.545	+	0.31	+	0)	-	(0.453	+	0	+	0)
=	1.402

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1.291	+	0.31	+	8.8817841970013E-16)	-	(2.363	+	0	+	0)
=	-0.762

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2023) 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. 2023 )
	=	16.861	/	107.099
	=	15.74 %

Fundo Investimento Imobiliario SC 401 EBIT Related Terms

Thank you for viewing the detailed overview of Fundo Investimento Imobiliario SC 401's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Fundo Investimento Imobiliario SC 401 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Fundo Investimento Imobiliario SC 401 (BSP:FISC11) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Dr. Jose Montaury Street, 139 - 7th Floor, Porto Alegre, RS, BRA, CEP 90010-090

Website

https://www.geralinvestimentos.com.br

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.

Fundo Investimento Imobiliario SC 401 Headlines

No Headlines