Raizen (BSP:RAIZ4) EBIT: R$-11,521 Mil (TTM As of Dec. 2025)


BSP:RAIZ4 Raizen SA BSP:RAIZ4
65 GF Score
Price R$0.41
GF Value R$2.81
Valuation Possible Value Trap
! 8 Warning Signs
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What is Raizen EBIT?

Raizen BSP:RAIZ4 -2.38% 65 EBIT is R$-11,521 Mil as of Dec. 2025. GuruFocus rates BSP:RAIZ4 with a GF Score™ of 65/100 and a GF Value™ of R$2.81 (Possible Value Trap). The stock has 8 warning signs investors should review.

Raizen's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was R$-8,079 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was R$-11,521 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Raizen's annualized ROC % for the quarter that ended in Dec. 2025 was 0.80%. Raizen's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -62.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Raizen's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -17.56%.


Raizen  (BSP:RAIZ4) EBIT Explanation

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

Raizen'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: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=750.396 * ( 1 - 0% )/( (99710.147 + 88769.889)/ 2 )
=750.396/94240.018
=0.80 %

where

Invested Capital(Q: Sep. 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))
=132793.411 - 14517.792 - ( 18565.472 - max(0, 35413.769 - 60725.018+18565.472))
=99710.147

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))
=118686.69 - 12678.934 - ( 17237.867 - max(0, 36059.973 - 60987.992+17237.867))
=88769.889

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

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

Raizen'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: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-32315.4/( ( (38362.378 + max(13938.218, 0)) + (34859.043 + max(15909.5, 0)) )/ 2 )
=-32315.4/( ( 52300.596 + 50768.543 )/ 2 )
=-32315.4/51534.5695
=-62.71 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7759.297 + 16252.364 + 15930.407) - (14517.792 + 0 + 11486.058)
=13938.218

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7427.918 + 14586.626 + 19483.227) - (12678.934 + 0 + 12909.337)
=15909.5

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-11520.948/65594.869
=-17.56 %

* 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.


Raizen EBIT Related Terms


Raizen EBIT Historical Data

* Premium members only.

The historical data trend for Raizen'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.

Raizen EBIT Chart

Raizen Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,914.65 6,010.43 7,045.51 4,723.29 574.05

Raizen Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -1,286.21 -1,088.95 -877.73 -1,475.42 -8,078.85

Raizen EBIT Competitor Comparison

For the Utilities - Renewable subindustry, Raizen'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.


Raizen EV-to-EBIT vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Raizen's EV-to-EBIT distribution charts can be found below:

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


BSP:RAIZ4
65GF Score
Raizen SA BSP:RAIZ4
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Raizen 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 Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-11,521 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$-11,521 Mil mean?
Raizen (BSP:RAIZ4) has a EBIT of R$-11,521 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Raizen.
Is Raizen's EBIT too high?
Raizen's current EBIT is R$-11,521 Mil. Overall, Raizen has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Raizen's EBIT compare to competitors?
Raizen's EBIT of R$-11,521 Mil can be compared against companies in the Utilities - Independent Power Producers 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 - Independent Power Producers company?
A good EBIT depends on the Utilities - Independent Power Producers 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 Raizen. Raizen's current EBIT is R$-11,521 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raizen stock overvalued right now?
Based on GuruFocus' analysis, Raizen (BSP:RAIZ4) is currently considered Possible Value Trap. The stock's GF Value™ is R$2.81, compared to a current price of R$0.41 — trading 85.4% below its estimated fair value. The current EBIT is R$-11,521 Mil. Raizen's overall GF Score™ is 65/100 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 Raizen (BSP:RAIZ4), the current EBIT is R$-11,521 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 Raizen (BSP:RAIZ4) Overvalued in 2026?

Based on GuruFocus' analysis, Raizen stock appears to be undervalued. The current stock price of R$0.41 is trading 85.4% below its estimated GF Value™ of R$2.81. GuruFocus considers Raizen to be Possible Value Trap.

Key valuation signals for BSP:RAIZ4:

  • EBIT: R$-11,521 Mil
  • GF Value™: R$2.81 vs. price of R$0.41 (85.4% below fair value)
  • GF Score™: 65/100 with 8 warning signs

No single metric tells the full story. See the BSP:RAIZ4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Raizen Business Description

Address Avenida Afonso Arinos de Melo Franco, 222, Apartment building 2, room 321, Barra da Tijuca, Rio de Janeiro, RJ, BRA
Raizen SA is an integrated energy company. Its operating model involves the production and sale of renewable energy and sugar from sugarcane to the delivery of this energy to different parts of the world. The Company's main activities are the distribution and sale of fossil and renewable fuels, the production and sale of automotive and industrial lubricants, oil refining, and operations related to convenience stores. The company operates in three reportable segments Mobility, Sugar and Renewables. The Marketing and Services segment refers to the trading and sale activities of fossil and renewable fuels and lubricants, through a franchised network of service stations under the Shell brand in all the national territory and Latin America, operating in Argentina and Paraguay.
65GF Score

Get the complete analysis for BSP:RAIZ4

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

R$0.41
Price
R$2.81
GF Value