Refinaria De Petroleos Manguinhos (BSP:RPMG3) EBIT: R$-1,539 Mil (TTM As of Jun. 2025)


BSP:RPMG3 Refinaria De Petroleos Manguinhos SA BSP:RPMG3
52 GF Score
Price R$1.26
GF Value R$4.42
Valuation Possible Value Trap
! 2 Warning Signs
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What is Refinaria De Petroleos Manguinhos EBIT?

Refinaria De Petroleos Manguinhos BSP:RPMG3 -2.33% 52 EBIT is R$-1,539 Mil as of Jun. 2025. GuruFocus rates BSP:RPMG3 with a GF Score™ of 52/100 and a GF Value™ of R$4.42 (Possible Value Trap). The stock has 2 warning signs investors should review.

Refinaria De Petroleos Manguinhos's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2025 was R$-494 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2025 was R$-1,539 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Refinaria De Petroleos Manguinhos's annualized ROC % for the quarter that ended in Jun. 2025 was -426.48%. Refinaria De Petroleos Manguinhos's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2025 was -438.90%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Refinaria De Petroleos Manguinhos's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2025 was -5,125.48%.


Refinaria De Petroleos Manguinhos  (BSP:RPMG3) EBIT Explanation

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

Refinaria De Petroleos Manguinhos's annualized ROC % for the quarter that ended in Jun. 2025 is calculated as:

ROC % (Q: Jun. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2025 ) + Invested Capital (Q: Jun. 2025 ))/ count )
=-2083.548 * ( 1 - 0% )/( (483.082 + 494)/ 2 )
=-2083.548/488.541
=-426.48 %

where

Invested Capital(Q: Mar. 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))
=9083.407 - 11043.71 - ( 43.927 - max(0, 11063.05 - 8619.665+43.927))
=483.082

Invested Capital(Q: Jun. 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))
=10287.823 - 12924.677 - ( 53.243 - max(0, 12948.215 - 9817.361+53.243))
=494

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

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

Refinaria De Petroleos Manguinhos's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2025  Q: Jun. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1974.544/( ( (446.287 + max(-6038.058, 0)) + (453.488 + max(-6768.79, 0)) )/ 2 )
=-1974.544/( ( 446.287 + 453.488 )/ 2 )
=-1974.544/449.8875
=-438.90 %

where Working Capital is:

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2526.389 + 2360.063 + 138.54) - (11043.71 + 0 + 19.34)
=-6038.058

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2847.758 + 3209.573 + 122.094) - (12924.677 + 0 + 23.538)
=-6768.79

When net working capital is negative, 0 is used.

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

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

Refinaria De Petroleos Manguinhos's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2025 )
=-1538.617/30.019
=-5,125.48 %

* 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.


Refinaria De Petroleos Manguinhos EBIT Related Terms


Refinaria De Petroleos Manguinhos EBIT Historical Data

* Premium members only.

The historical data trend for Refinaria De Petroleos Manguinhos'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.

Refinaria De Petroleos Manguinhos EBIT Chart

Refinaria De Petroleos Manguinhos Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -374.59 -289.17 -861.92 -916.36 -933.30

Refinaria De Petroleos Manguinhos Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 -150.78 -310.38 -345.24 -389.36 -493.64

BSP:RPMG3 vs VLO, MPC, PSX: EBIT Comparison

For the Oil & Gas Refining & Marketing subindustry, Refinaria De Petroleos Manguinhos'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.


Refinaria De Petroleos Manguinhos EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Refinaria De Petroleos Manguinhos's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Refinaria De Petroleos Manguinhos's EV-to-EBIT falls into.


BSP:RPMG3
52GF Score
Refinaria De Petroleos Manguinhos SA BSP:RPMG3
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Refinaria De Petroleos Manguinhos 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 Jun. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-1,539 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$-1,539 Mil mean?
Refinaria De Petroleos Manguinhos (BSP:RPMG3) has a EBIT of R$-1,539 Mil as of Jun. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Refinaria De Petroleos Manguinhos.
Is Refinaria De Petroleos Manguinhos' EBIT too high?
Refinaria De Petroleos Manguinhos' current EBIT is R$-1,539 Mil. Overall, Refinaria De Petroleos Manguinhos has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Refinaria De Petroleos Manguinhos' EBIT compare to VLO and MPC?
Refinaria De Petroleos Manguinhos' EBIT of R$-1,539 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good EBIT depends on the Oil & Gas 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 Refinaria De Petroleos Manguinhos. Refinaria De Petroleos Manguinhos's current EBIT is R$-1,539 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Refinaria De Petroleos Manguinhos stock overvalued right now?
Based on GuruFocus' analysis, Refinaria De Petroleos Manguinhos (BSP:RPMG3) is currently considered Possible Value Trap. The stock's GF Value™ is R$4.42, compared to a current price of R$1.26 — trading 71.5% below its estimated fair value. The current EBIT is R$-1,539 Mil. Refinaria De Petroleos Manguinhos' overall GF Score™ is 52/100 with 2 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 Refinaria De Petroleos Manguinhos (BSP:RPMG3), the current EBIT is R$-1,539 Mil as of Jun. 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 Refinaria De Petroleos Manguinhos (BSP:RPMG3) Overvalued in 2026?

Based on GuruFocus' analysis, Refinaria De Petroleos Manguinhos stock appears to be undervalued. The current stock price of R$1.26 is trading 71.5% below its estimated GF Value™ of R$4.42. GuruFocus considers Refinaria De Petroleos Manguinhos to be Possible Value Trap.

Key valuation signals for BSP:RPMG3:

  • EBIT: R$-1,539 Mil
  • GF Value™: R$4.42 vs. price of R$1.26 (71.5% below fair value)
  • GF Score™: 52/100 with 2 warning signs

No single metric tells the full story. See the BSP:RPMG3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Refinaria De Petroleos Manguinhos Business Description

Industry EnergyOil & Gas
Address Avenida Brasil, 3141, Manguinhos, Rio de Janeiro, RJ, BRA, 20930041
Refinaria De Petroleos Manguinhos SA is engaged in the operation of the oil refinery, import, sale and export of crude oil and its derivatives, and provision of services related to the refining activity, among others.
52GF Score

Get the complete analysis for BSP:RPMG3

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

R$1.26
Price
R$4.42
GF Value