Vinci Shopping Centers Fundo Investimento Imobiliario-FII (BSP:VISC11) EBIT : R$515.0 Mil (TTM As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Vinci Shopping Centers Fundo Investimento Imobiliario-FII EBIT?

Vinci Shopping Centers Fundo Investimento Imobiliario-FII's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was R$515.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was R$515.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vinci Shopping Centers Fundo Investimento Imobiliario-FII's annualized ROC % for the quarter that ended in Dec. 2023 was 5.78%. Vinci Shopping Centers Fundo Investimento Imobiliario-FII's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8,908.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vinci Shopping Centers Fundo Investimento Imobiliario-FII's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 34.00%.

Vinci Shopping Centers Fundo Investimento Imobiliario-FII EBIT Historical Data

The historical data trend for Vinci Shopping Centers Fundo Investimento Imobiliario-FII'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.

Vinci Shopping Centers Fundo Investimento Imobiliario-FII EBIT Chart

Vinci Shopping Centers Fundo Investimento Imobiliario-FII Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

276.19

32.45

108.55

368.73

515.03

Vinci Shopping Centers Fundo Investimento Imobiliario-FII Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
EBIT	Get a 7-Day Free Trial			276.19	32.45	108.55	368.73	515.03

Competitive Comparison of Vinci Shopping Centers Fundo Investimento Imobiliario-FII's EBIT

For the REIT - Retail subindustry, Vinci Shopping Centers Fundo Investimento Imobiliario-FII'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.

Vinci Shopping Centers Fundo Investimento Imobiliario-FII's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Vinci Shopping Centers Fundo Investimento Imobiliario-FII's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Vinci Shopping Centers Fundo Investimento Imobiliario-FII's EV-to-EBIT falls into.

Save Embed

;

Save Embed

;

Vinci Shopping Centers Fundo Investimento Imobiliario-FII 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$515.0 Mil.

Vinci Shopping Centers Fundo Investimento Imobiliario-FII (BSP:VISC11) EBIT Explanation

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

Vinci Shopping Centers Fundo Investimento Imobiliario-FII'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 )
=	218.868 * ( 1 - 0% )	/	( (2911.64	+	4659.41)	/ 2 )
=	218.868	/	3785.525
=	5.78 %

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	))
=	2980.726	-	0	-	( 69.086	-	max(0, 30.815	-	111.464	+	69.086	))
=	2911.64

	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	))
=	4514.426	-	0	-	( 671.388	-	max(0, 1028.771	-	883.787	+	671.388	))
=	4659.41

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

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

Vinci Shopping Centers Fundo Investimento Imobiliario-FII'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 )
=	515.033	/	( ( (0 + max(11.563, 0))	+	(0 + max(-816.372, 0)) )	/	2 )
=	515.033	/	( ( 11.563	+	0 )	/	2 )
=	515.033	/	5.7815
=	8,908.29 %

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)
=	(39.749	+	0	+	2.629)	-	(0	+	0	+	30.815)
=	11.563

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(209.812	+	0	+	2.587)	-	(0	+	0	+	1028.771)
=	-816.372

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:

Vinci Shopping Centers Fundo Investimento Imobiliario-FII's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	515.033	/	1514.587
	=	34.00 %

Vinci Shopping Centers Fundo Investimento Imobiliario-FII EBIT Related Terms

Thank you for viewing the detailed overview of Vinci Shopping Centers Fundo Investimento Imobiliario-FII's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Vinci Shopping Centers Fundo Investimento Imobiliario-FII Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Vinci Shopping Centers Fundo Investimento Imobiliario-FII (BSP:VISC11) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Avenida Bartolomeu Mitre, 336, Leblon, Rio de Janeiro, RJ, BRA, 22431-002

Website

https://www.vincipartners.com

Vinci Shopping Centers Fundo Investimento Imobiliario-FII is a real estate investment trust. The company invests in real estate properties of shopping centers and / or related, such as strip malls, outlet centers, among others. The objective of the Fund is to obtain income through the investment of resources, predominantly in real estate, as well as in any real rights over real estate or, even, through indirect investment in real estate through the acquisition of real estate assets.

Vinci Shopping Centers Fundo Investimento Imobiliario-FII Headlines

No Headlines