Fator Ore Asset Gestora de Recursosa. (BSP:OUFF11) EBIT : R$13.17 Mil (TTM As of Dec. 2023)

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What is Fator Ore Asset Gestora de Recursosa. EBIT?

Fator Ore Asset Gestora de Recursosa.'s earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was R$13.17 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was R$13.17 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Fator Ore Asset Gestora de Recursosa.'s annualized ROC % for the quarter that ended in Dec. 2023 was 1,156.01%. Fator Ore Asset Gestora de Recursosa.'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1,189.97%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Fator Ore Asset Gestora de Recursosa.'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -87.37%.

Fator Ore Asset Gestora de Recursosa. EBIT Historical Data

The historical data trend for Fator Ore Asset Gestora de Recursosa.'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.

Fator Ore Asset Gestora de Recursosa. EBIT Chart

Fator Ore Asset Gestora de Recursosa. Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

-1.37

-1.35

5.29

13.17

Fator Ore Asset Gestora de Recursosa. Semi-Annual Data
	Dec19	Dec20	Dec21	Dec22	Dec23
EBIT	-	-1.37	-1.35	5.29	13.17

Competitive Comparison of Fator Ore Asset Gestora de Recursosa.'s EBIT

For the Asset Management subindustry, Fator Ore Asset Gestora de Recursosa.'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.

Fator Ore Asset Gestora de Recursosa.'s EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fator Ore Asset Gestora de Recursosa.'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Fator Ore Asset Gestora de Recursosa.'s EV-to-EBIT falls into.

Fator Ore Asset Gestora de Recursosa. 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$13.17 Mil.

Fator Ore Asset Gestora de Recursosa. (BSP:OUFF11) EBIT Explanation

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

Fator Ore Asset Gestora de Recursosa.'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 )
=	13.167 * ( 1 - 0% )	/	( (0.024000000000001	+	2.254)	/ 2 )
=	13.167	/	1.139
=	1,156.01 %

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	))
=	139.112	-	1.38	-	( 138.517	-	max(0, 1.404	-	139.112	+	138.517	))
=	0.024000000000001

	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	))
=	136.817	-	1.38	-	( 133.183	-	max(0, 1.38	-	136.817	+	133.183	))
=	2.254

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

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

Fator Ore Asset Gestora de Recursosa.'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 )
=	13.167	/	( ( (0 + max(-1.068, 0))	+	(0 + max(2.213, 0)) )	/	2 )
=	13.167	/	( ( 0	+	2.213 )	/	2 )
=	13.167	/	1.1065
=	1,189.97 %

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)
=	(0	+	0	+	0.33600000000001)	-	(1.38	+	0	+	0.024)
=	-1.068

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	3.593)	-	(1.38	+	0	+	0)
=	2.213

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:

Fator Ore Asset Gestora de Recursosa.'s Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	13.167	/	-15.070
	=	-87.37 %

Fator Ore Asset Gestora de Recursosa. EBIT Related Terms

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Fator Ore Asset Gestora de Recursosa. (BSP:OUFF11) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Fator Ore Asset Gestora de Recursos Ltda. (BSP:OUFF11) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Av. Paulista, n 1.728, 2nd to 4th, 7th and 11th Floors, Bela Vista, Ourinvest Building, Sao Paulo, SP, BRA, CEP 01310-919

Website

https://www.ourinvest.com.br

Fator Ore Asset Gestora de Recursos Ltda. is an asset management company engaged in fund managing activities.

Fator Ore Asset Gestora de Recursosa. (BSP:OUFF11) Headlines

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