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Real Estate Fund -Fundo De Investimento Imobiliario (BSP:ZAVI11) EBIT : R$ Mil (TTM As of Jun. 2024)


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What is Real Estate Fund -Fundo De Investimento Imobiliario EBIT?

Real Estate Fund -Fundo De Investimento Imobiliario's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2024 was R$13.34 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Real Estate Fund -Fundo De Investimento Imobiliario's annualized ROC % for the quarter that ended in Jun. 2024 was 5.98%. Real Estate Fund -Fundo De Investimento Imobiliario's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Real Estate Fund -Fundo De Investimento Imobiliario EBIT Historical Data

The historical data trend for Real Estate Fund -Fundo De Investimento Imobiliario'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.

Real Estate Fund -Fundo De Investimento Imobiliario EBIT Chart

Real Estate Fund -Fundo De Investimento Imobiliario Annual Data
Trend Jun22 Jun23 Jun24
EBIT
0.69 9.98 13.34

Real Estate Fund -Fundo De Investimento Imobiliario Semi-Annual Data
Jun22 Jun23 Jun24
EBIT 0.69 9.98 13.34

Competitive Comparison of Real Estate Fund -Fundo De Investimento Imobiliario's EBIT

For the REIT - Diversified subindustry, Real Estate Fund -Fundo De Investimento Imobiliario'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.

Real Estate Fund -Fundo De Investimento Imobiliario's EV-to-EBIT Distribution in the REITs Industry

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

* The bar in red indicates where Real Estate Fund -Fundo De Investimento Imobiliario's EV-to-EBIT falls into.


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Real Estate Fund -Fundo De Investimento Imobiliario 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 Jun. 2024 was R$ 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.

Real Estate Fund -Fundo De Investimento Imobiliario  (BSP:ZAVI11) EBIT Explanation

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

Real Estate Fund -Fundo De Investimento Imobiliario's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=13.342 * ( 1 - 0% )/( (214.036 + 231.966)/ 2 )
=13.342/223.001
=5.98 %

where

Invested Capital(Q: Jun. 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))
=238.148 - 111.084 - ( 21.603 - max(0, 111.084 - 24.112+21.603))
=214.036

Invested Capital(Q: Jun. 2024 )
=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))
=250.738 - 89.391 - ( 12.554 - max(0, 89.391 - 18.772+12.554))
=231.966

Note: The Operating Income data used here is one times the annual (Jun. 2024) data.

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

Real Estate Fund -Fundo De Investimento Imobiliario's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=13.342/( ( (0 + max(-109.549, 0)) + (0 + max(-86.573, 0)) )/ 2 )
=13.342/( ( 0 + 0 )/ 2 )
=13.342/0
= %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.525 + 0 + 0.009999999999998) - (111.084 + 0 + 0)
=-109.549

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.242 + 0 + 0.576) - (89.391 + 0 + 0)
=-86.573

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Jun. 2024) EBIT data.

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

Real Estate Fund -Fundo De Investimento Imobiliario's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=/95.427
= %

* 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.

Real Estate Fund -Fundo De Investimento Imobiliario EBIT Related Terms

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Real Estate Fund -Fundo De Investimento Imobiliario Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Real Estate Fund -Fundo De Investimento Imobiliario (BSP:ZAVI11) » Definitions » EBIT
Comparable Companies
BSP:JFLL11 BSP:FISC11 BSP:RBHG11 BSP:SHOP11 BSP:PATC11 BSP:PULV11 BSP:VPPR11 BSP:BICE11 BSP:IRIM11 BSP:RELG11 VICI BSP:HSRE11 WPC ASX:SGP XPAR:COV ASX:GPT LSE:LAND ASX:MGR LSE:UTG LSE:BLND
Traded in Other Exchanges
N/A
Address
Rua Gilberto Sabino, 215, 4th Floor, Pinheiros, Sao Paulo, SP, BRA, 5425020
Website
https://www.vortx.com.br
Real Estate Fund -Fundo De Investimento Imobiliario is a real estate investment trust.

Real Estate Fund -Fundo De Investimento Imobiliario Headlines

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