Renova Energia (BSP:RNEW4) EBIT: R$3.6 Mil (TTM As of Mar. 2026)


BSP:RNEW4 Renova Energia SA BSP:RNEW4
51 GF Score
Price R$0.92
GF Value R$1.23
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Renova Energia EBIT?

Renova Energia BSP:RNEW4 +1.10% 51 EBIT is R$3.6 Mil as of Mar. 2026. GuruFocus rates BSP:RNEW4 with a GF Score™ of 51/100 and a GF Value™ of R$1.23 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Renova Energia's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was R$-3.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was R$3.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Renova Energia's annualized ROC % for the quarter that ended in Mar. 2026 was -1.93%. Renova Energia's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -0.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Renova Energia's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.32%.


Renova Energia  (BSP:RNEW4) EBIT Explanation

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

Renova Energia'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 )
=-56.172 * ( 1 - 0% )/( (2867.351 + 2956.502)/ 2 )
=-56.172/2911.9265
=-1.93 %

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))
=3024.583 - 194.586 - ( 72.374 - max(0, 328.561 - 291.207+72.374))
=2867.351

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))
=3046.846 - 186.682 - ( 81.409 - max(0, 359.524 - 263.186+81.409))
=2956.502

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

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

Renova Energia'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 )
=-13.788/( ( (2542 + max(-166.257, 0)) + (2576.576 + max(-165.975, 0)) )/ 2 )
=-13.788/( ( 2542 + 2576.576 )/ 2 )
=-13.788/2559.288
=-0.54 %

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)
=(68.488 + 0 + 39.39) - (194.586 + 0 + 79.549)
=-166.257

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(58.819 + 0 + 65.714) - (186.682 + 0 + 103.826)
=-165.975

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=3.558/1107.155
=0.32 %

* 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.


Renova Energia EBIT Related Terms


Renova Energia EBIT Historical Data

* Premium members only.

The historical data trend for Renova Energia'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.

Renova Energia EBIT Chart

Renova Energia 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 327.66 1,006.03 191.73 14.02 -7.92

Renova Energia 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 -11.16 20.88 -16.50 2.62 -3.45

Renova Energia EBIT Competitor Comparison

For the Utilities - Renewable subindustry, Renova Energia'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.


Renova Energia EV-to-EBIT vs Utilities - Independent Power Producers Industry

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

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


BSP:RNEW4
51GF Score
Renova Energia SA BSP:RNEW4
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Renova Energia 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$3.6 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$3.6 Mil mean?
Renova Energia (BSP:RNEW4) has a EBIT of R$3.6 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Renova Energia.
Is Renova Energia's EBIT too high?
Renova Energia's current EBIT is R$3.6 Mil. Overall, Renova Energia has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Renova Energia's EBIT compare to competitors?
Renova Energia's EBIT of R$3.6 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 Renova Energia. Renova Energia's current EBIT is R$3.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renova Energia stock overvalued right now?
Based on GuruFocus' analysis, Renova Energia (BSP:RNEW4) is currently considered Modestly Undervalued. The stock's GF Value™ is R$1.23, compared to a current price of R$0.92 — trading 25.2% below its estimated fair value. The current EBIT is R$3.6 Mil. Renova Energia's overall GF Score™ is 51/100 with 3 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 Renova Energia (BSP:RNEW4), the current EBIT is R$3.6 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 Renova Energia (BSP:RNEW4) Overvalued in 2026?

Based on GuruFocus' analysis, Renova Energia stock appears to be undervalued. The current stock price of R$0.92 is trading 25.2% below its estimated GF Value™ of R$1.23. GuruFocus considers Renova Energia to be Modestly Undervalued.

Key valuation signals for BSP:RNEW4:

  • EBIT: R$3.6 Mil
  • GF Value™: R$1.23 vs. price of R$0.92 (25.2% below fair value)
  • GF Score™: 51/100 with 3 warning signs

No single metric tells the full story. See the BSP:RNEW4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Renova Energia Business Description

Other Exchanges RNEW3:Brazil
Address Avenue Das Nacoes Unidas, No. 10,989, 8th floor set 82, Brooklin Paulista, Sao Paulo, SP, BRA
Renova Energia SA is a Brazilian energy company engaged in the development, implementation, and operation of power generation projects from renewable sources - wind and solar, and trading of energy and related activities. The company is generating and trading electric power in all its forms, producing fuel from natural and renewable sources, providing logistics services to environmental advisory firms, and providing advisory services for energy solutions related to the generation, trading, transmission, and other businesses. The company has operating segments, namely: Wind, Solar, Trading, and Administrative. It derives maximum revenue from the Trading segment, which is engaged in energy trading in all its forms and management of the Company's energy purchase and sale contracts.
51GF Score

Get the complete analysis for BSP:RNEW4

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

R$0.92
Price
R$1.23
GF Value