Construtora Tenda (BSP:TEND3) EBIT: R$806 Mil (TTM As of Mar. 2026)


BSP:TEND3 Construtora Tenda SA BSP:TEND3
68 GF Score
Price R$36.16
GF Value R$20.57
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Construtora Tenda EBIT?

Construtora Tenda BSP:TEND3 +3.31% 68 EBIT is R$806 Mil as of Mar. 2026. GuruFocus rates BSP:TEND3 with a GF Score™ of 68/100 and a GF Value™ of R$20.57 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Construtora Tenda's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was R$264 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was R$806 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Construtora Tenda's annualized ROC % for the quarter that ended in Mar. 2026 was 17.09%. Construtora Tenda's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 62.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Construtora Tenda's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.68%.


Construtora Tenda  (BSP:TEND3) EBIT Explanation

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

Construtora Tenda'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 )
=845.556 * ( 1 - 8.5% )/( (4311.293 + 4742.903)/ 2 )
=773.68374/4527.098
=17.09 %

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))
=6625.534 - 1314.803 - ( 999.438 - max(0, 1953.256 - 4107.939+999.438))
=4311.293

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))
=7096.36 - 1302.236 - ( 1051.221 - max(0, 2065.153 - 4122.041+1051.221))
=4742.903

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

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

Construtora Tenda'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 )
=1054.804/( ( (210.029 + max(1514.64, 0)) + (216.134 + max(1434.413, 0)) )/ 2 )
=1054.804/( ( 1724.669 + 1650.547 )/ 2 )
=1054.804/1687.608
=62.50 %

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)
=(1180.388 + 1366.521 + 550.016) - (1314.803 + 0 + 267.482)
=1514.64

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1159.103 + 1313.756 + 579.714) - (1302.236 + 0 + 315.924)
=1434.413

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=806.196/4833.093
=16.68 %

* 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.


Construtora Tenda EBIT Related Terms


Construtora Tenda EBIT Historical Data

* Premium members only.

The historical data trend for Construtora Tenda'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.

Construtora Tenda EBIT Chart

Construtora Tenda 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 -56.23 -275.15 90.02 256.01 656.67

Construtora Tenda 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 132.53 237.33 148.42 156.75 263.70

Construtora Tenda EBIT Competitor Comparison

For the Real Estate - Development subindustry, Construtora Tenda'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.


Construtora Tenda EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Construtora Tenda's EV-to-EBIT distribution charts can be found below:

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


BSP:TEND3
68GF Score
Construtora Tenda SA BSP:TEND3
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Construtora Tenda 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$806 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$806 Mil mean?
Construtora Tenda (BSP:TEND3) has a EBIT of R$806 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Construtora Tenda.
Is Construtora Tenda's EBIT too high?
Construtora Tenda's current EBIT is R$806 Mil. Overall, Construtora Tenda has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Construtora Tenda's EBIT compare to competitors?
Construtora Tenda's EBIT of R$806 Mil can be compared against companies in the Real Estate 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 a Real Estate company?
A good EBIT depends on the Real Estate 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 Construtora Tenda. Construtora Tenda's current EBIT is R$806 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Construtora Tenda stock overvalued right now?
Based on GuruFocus' analysis, Construtora Tenda (BSP:TEND3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$20.57, compared to a current price of R$36.16 — trading 75.8% above its estimated fair value. The current EBIT is R$806 Mil. Construtora Tenda's overall GF Score™ is 68/100 with 7 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 Construtora Tenda (BSP:TEND3), the current EBIT is R$806 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 Construtora Tenda (BSP:TEND3) Overvalued in 2026?

Based on GuruFocus' analysis, Construtora Tenda stock appears to be overvalued. The current stock price of R$36.16 is trading 75.8% above its estimated GF Value™ of R$20.57. GuruFocus considers Construtora Tenda to be Significantly Overvalued.

Key valuation signals for BSP:TEND3:

  • EBIT: R$806 Mil
  • GF Value™: R$20.57 vs. price of R$36.16 (75.8% above fair value)
  • GF Score™: 68/100 with 7 warning signs

No single metric tells the full story. See the BSP:TEND3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Construtora Tenda Business Description

Address Rua Boa Vista, 280, Sao Paulo, SP, BRA, 01010-001
Construtora Tenda SA is engaged in the performance of general construction works: the merger of property; the purchase and sale of properties; providing construction management services; intermediating the sale of consortium shares; and participation in other companies. Subsidiaries share the managerial, operating structures, and corporate costs. The SPEs are exclusively engaged in real estate operations and are linked to specific projects. The company focuses on affordable housing which allows it to pursue scale gains and continuous improvement. It has a single SKU for no-elevator buildings. It has two segments On-site and Off-site.
68GF Score

Get the complete analysis for BSP:TEND3

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

R$36.16
Price
R$20.57
GF Value