Hapvida Participacoes Investimento (BSP:HAPV3) EBIT: R$2,411 Mil (TTM As of Mar. 2026)


BSP:HAPV3 Hapvida Participacoes Investimento SA BSP:HAPV3
67 GF Score
Price R$10.12
GF Value R$54.47
Valuation Possible Value Trap
! 5 Warning Signs
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What is Hapvida Participacoes Investimento EBIT?

Hapvida Participacoes Investimento BSP:HAPV3 -0.49% 67 EBIT is R$2,411 Mil as of Mar. 2026. GuruFocus rates BSP:HAPV3 with a GF Score™ of 67/100 and a GF Value™ of R$54.47 (Possible Value Trap). The stock has 5 warning signs investors should review.

Hapvida Participacoes Investimento's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was R$793 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was R$2,411 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hapvida Participacoes Investimento's annualized ROC % for the quarter that ended in Mar. 2026 was 0.00%. Hapvida Participacoes Investimento's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 48.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hapvida Participacoes Investimento's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 19.41%.

Hapvida Participacoes Investimento  (BSP:HAPV3) EBIT Explanation

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

Hapvida Participacoes Investimento'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 )
=2870.824 * ( 1 - 100% )/( (65863.627 + 66373.159)/ 2 )
=0/66118.393
=0.00 %

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))
=72289.824 - 1437.432 - ( 7863.422 - max(0, 5549.886 - 10538.651+7863.422))
=65863.627

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))
=72988.259 - 1661.269 - ( 8330.387 - max(0, 6258.798 - 11212.629+8330.387))
=66373.159

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

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

Hapvida Participacoes Investimento'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 )
=3172.976/( ( (6481.686 + max(-1552.445, 0)) + (6501.049 + max(-1640.778, 0)) )/ 2 )
=3172.976/( ( 6481.686 + 6501.049 )/ 2 )
=3172.976/6491.3675
=48.88 %

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)
=(346.159 + 362.798 + 1874.501) - (1437.432 + 0 + 2698.471)
=-1552.445

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(386.926 + 447.543 + 1938.317) - (1661.269 + 0 + 2752.295)
=-1640.778

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:

Hapvida Participacoes Investimento's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=2410.835/12420.911
=19.41 %

* 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.

Hapvida Participacoes Investimento EBIT Related Terms

Hapvida Participacoes Investimento EBIT Historical Data

* Premium members only.

The historical data trend for Hapvida Participacoes Investimento'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.

Hapvida Participacoes Investimento EBIT Chart

Hapvida Participacoes Investimento 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 727.03 159.07 1,745.99 1,592.22 2,484.75

Hapvida Participacoes Investimento 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 955.55 340.66 745.41 531.52 793.24

BSP:HAPV3 vs AFL, MET, PRU: EBIT Comparison

For the Insurance - Life subindustry, Hapvida Participacoes Investimento'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.

Hapvida Participacoes Investimento EV-to-EBIT vs Insurance Industry

For the Insurance industry and Financial Services sector, Hapvida Participacoes Investimento's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hapvida Participacoes Investimento's EV-to-EBIT falls into.


BSP:HAPV3
67GF Score
Hapvida Participacoes Investimento SA BSP:HAPV3
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Hapvida Participacoes Investimento 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$2,411 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$2,411 Mil mean?
Hapvida Participacoes Investimento (BSP:HAPV3) has a EBIT of R$2,411 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hapvida Participacoes Investimento.
Is Hapvida Participacoes Investimento's EBIT too high?
Hapvida Participacoes Investimento's current EBIT is R$2,411 Mil. Overall, Hapvida Participacoes Investimento has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Hapvida Participacoes Investimento's EBIT compare to AFL and MET?
Hapvida Participacoes Investimento's EBIT of R$2,411 Mil can be compared against companies in the Insurance 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 Insurance company?
A good EBIT depends on the Insurance 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 Hapvida Participacoes Investimento. Hapvida Participacoes Investimento's current EBIT is R$2,411 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hapvida Participacoes Investimento stock overvalued right now?
Based on GuruFocus' analysis, Hapvida Participacoes Investimento (BSP:HAPV3) is currently considered Possible Value Trap. The stock's GF Value™ is R$54.47, compared to a current price of R$10.12 — trading 81.4% below its estimated fair value. The current EBIT is R$2,411 Mil. Hapvida Participacoes Investimento's overall GF Score™ is 67/100 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 Hapvida Participacoes Investimento (BSP:HAPV3), the current EBIT is R$2,411 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 Hapvida Participacoes Investimento (BSP:HAPV3) Overvalued in 2026?

Based on GuruFocus' analysis, Hapvida Participacoes Investimento stock appears to be undervalued. The current stock price of R$10.12 is trading 81.4% below its estimated GF Value™ of R$54.47. GuruFocus considers Hapvida Participacoes Investimento to be Possible Value Trap.

Key valuation signals for BSP:HAPV3:

  • EBIT: R$2,411 Mil
  • GF Value™: R$54.47 vs. price of R$10.12 (81.4% below fair value)
  • GF Score™: 67/100 with 5 warning signs

No single metric tells the full story. See the BSP:HAPV3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hapvida Participacoes Investimento Business Description

Address No. 406, Avenue Heraclito Graca, Fortaleza, CE, BRA, 60140-061
Hapvida Participacoes Investimento SA is the medical-hospital and dental care company. The company and its subsidiaries are mainly engaged in the sale of health insurance plans and delivering the majority of medical assistance at its own hospitals, clinics, imaging diagnostics and laboratories; and the sale of dental insurance plans for services provided by an accredited network.
67GF Score

Get the complete analysis for BSP:HAPV3

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

R$10.12
Price
R$54.47
GF Value