Neoenergia (BSP:NEOE3) EBIT: R$11,284 Mil (TTM As of Mar. 2026)


BSP:NEOE3 Neoenergia SA BSP:NEOE3
77 GF Score
Price R$33.80
GF Value R$23.04
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Neoenergia EBIT?

Neoenergia BSP:NEOE3 77 EBIT is R$11,284 Mil as of Mar. 2026. GuruFocus rates BSP:NEOE3 with a GF Score™ of 77/100 and a GF Value™ of R$23.04 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Neoenergia's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was R$3,264 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was R$11,284 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Neoenergia's annualized ROC % for the quarter that ended in Mar. 2026 was 8.63%. Neoenergia's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 91.60%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Neoenergia's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.16%.

Neoenergia  (BSP:NEOE3) EBIT Explanation

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

Neoenergia'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 )
=11972 * ( 1 - 24.3% )/( (103630 + 106327)/ 2 )
=9062.804/104978.5
=8.63 %

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))
=119278 - 8910 - ( 9275 - max(0, 21000 - 27738+9275))
=103630

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))
=123612 - 7456 - ( 10097 - max(0, 19823 - 29652+10097))
=106327

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

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

Neoenergia'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 )
=13056/( ( (9126 + max(3781, 0)) + (9696 + max(5903, 0)) )/ 2 )
=13056/( ( 12907 + 15599 )/ 2 )
=13056/14253
=91.60 %

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)
=(10484 + 0 + 6518) - (8910 + 0 + 4311)
=3781

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11282 + 0 + 6682) - (7456 + 0 + 4605)
=5903

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:

Neoenergia's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=11284/92825.885
=12.16 %

* 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.

Neoenergia EBIT Related Terms

Neoenergia EBIT Historical Data

* Premium members only.

The historical data trend for Neoenergia'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.

Neoenergia EBIT Chart

Neoenergia 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 7,925.00 9,183.00 8,980.00 9,159.00 10,907.00

Neoenergia 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 2,859.00 2,465.00 2,480.00 3,075.00 3,264.00

BSP:NEOE3 vs NEE, SO, DUK: EBIT Comparison

For the Utilities - Regulated Electric subindustry, Neoenergia'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.

Neoenergia EV-to-EBIT vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Neoenergia's EV-to-EBIT distribution charts can be found below:

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


BSP:NEOE3
77GF Score
Neoenergia SA BSP:NEOE3
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Neoenergia 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$11,284 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$11,284 Mil mean?
Neoenergia (BSP:NEOE3) has a EBIT of R$11,284 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Neoenergia.
Is Neoenergia's EBIT too high?
Neoenergia's current EBIT is R$11,284 Mil. Overall, Neoenergia has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Neoenergia's EBIT compare to NEE and SO?
Neoenergia's EBIT of R$11,284 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good EBIT depends on the Utilities - Regulated 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 Neoenergia. Neoenergia's current EBIT is R$11,284 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Neoenergia stock overvalued right now?
Based on GuruFocus' analysis, Neoenergia (BSP:NEOE3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$23.04, compared to a current price of R$33.80 — trading 46.7% above its estimated fair value. The current EBIT is R$11,284 Mil. Neoenergia's overall GF Score™ is 77/100 with 8 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 Neoenergia (BSP:NEOE3), the current EBIT is R$11,284 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 Neoenergia (BSP:NEOE3) Overvalued in 2026?

Based on GuruFocus' analysis, Neoenergia stock appears to be overvalued. The current stock price of R$33.80 is trading 46.7% above its estimated GF Value™ of R$23.04. GuruFocus considers Neoenergia to be Significantly Overvalued.

Key valuation signals for BSP:NEOE3:

  • EBIT: R$11,284 Mil
  • GF Value™: R$23.04 vs. price of R$33.80 (46.7% above fair value)
  • GF Score™: 77/100 with 8 warning signs

No single metric tells the full story. See the BSP:NEOE3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Neoenergia Business Description

Address Praia do Flamengo 78, 3rd floor, Flamengo, RJ, BRA
Neoenergia SA is principally dedicated to the activities of distribution, transmission, generation, and commercialization of electricity. The main activities of the operating segments are as follows: (i) Networks - comprising business lines related to concessions for electricity distribution and transmission services; (ii) Renewables - comprising activities related to concessions for electricity generation services from renewable natural sources, such as wind farms, solar farms and hydroelectric plants; (iii) Liberalized - comprising electricity generation activities from thermal power plants and energy trading activities; and (iv) Other - including corporate and operational support activities. The company generates the majority of its revenue from Networks segment.
77GF Score

Get the complete analysis for BSP:NEOE3

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

R$33.80
Price
R$23.04
GF Value