Vinci Gestora de Recursosa. (BSP:VILG11) Operating Income: R$136.4 Mil (TTM As of Dec. 2024)

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BSP:VILG11 Vinci Gestora de Recursos Ltda. BSP:VILG11
80 GF Score
Price R$91.94
GF Value R$104.10
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Vinci Gestora de Recursosa. Operating Income?

Vinci Gestora de Recursosa. BSP:VILG11 -0.48% 80 Operating Income is R$136.4 Mil as of Dec. 2024. GuruFocus rates BSP:VILG11 with a GF Score™ of 80/100 and a GF Value™ of R$104.10 (Modestly Undervalued). The stock has 10 warning signs investors should review.

Vinci Gestora de Recursosa.'s Operating Income for the six months ended in Dec. 2024 was R$136.4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2024 was R$136.4 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Vinci Gestora de Recursosa.'s Operating Income for the six months ended in Dec. 2024 was R$136.4 Mil. Vinci Gestora de Recursosa.'s Revenue for the six months ended in Dec. 2024 was R$160.8 Mil. Therefore, Vinci Gestora de Recursosa.'s Operating Margin % for the quarter that ended in Dec. 2024 was 84.80%.

Vinci Gestora de Recursosa.'s 5-Year average Growth Rate for Operating Margin % was -0.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vinci Gestora de Recursosa.'s annualized ROC % for the quarter that ended in Dec. 2024 was 7.06%. Vinci Gestora de Recursosa.'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was %.


Vinci Gestora de Recursosa.  (BSP:VILG11) Operating Income Explanation

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

Vinci Gestora de Recursosa.'s annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=136.393 * ( 1 - 0% )/( (1938.229 + 1924.111)/ 2 )
=136.393/1931.17
=7.06 %

where

Invested Capital(Q: Dec. 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))
=2021.293 - 40.958 - ( 76.302 - max(0, 54.658 - 110.882+76.302))
=1924.111

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

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

Vinci Gestora de Recursosa.'s annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=124.231/( ( (0 + max(-26.649, 0)) + (0 + max(-33.264, 0)) )/ 2 )
=124.231/( ( 0 + 0 )/ 2 )
=124.231/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.387 + 0 + 5.516) - (29.625 + 0 + 13.927)
=-26.649

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.972 + 0 + 9.422) - (40.958 + 0 + 13.7)
=-33.264

When net working capital is negative, 0 is used.

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

3. Operating Income is also linked to Operating Margin %:

Vinci Gestora de Recursosa.'s Operating Margin % for the quarter that ended in Dec. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2024 )/Revenue (Q: Dec. 2024 )
=136.393/160.849
=84.80 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Vinci Gestora de Recursosa. Operating Income Related Terms


Vinci Gestora de Recursosa. Operating Income Historical Data

* Premium members only.

The historical data trend for Vinci Gestora de Recursosa.'s Operating Income 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.

Vinci Gestora de Recursosa. Operating Income Chart

Vinci Gestora de Recursosa. Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Operating Income
Get a 7-Day Free Trial 59.12 115.40 145.58 129.37 136.39

Vinci Gestora de Recursosa. Semi-Annual Data
Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Operating Income Get a 7-Day Free Trial 59.12 115.40 145.58 129.37 136.39
BSP:VILG11
80GF Score
Vinci Gestora de Recursos Ltda. BSP:VILG11
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Vinci Gestora de Recursosa. Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Operating Income for the trailing twelve months (TTM) ended in Dec. 2024 was R$136.4 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 Operating Income →
What does a Operating Income of R$136.4 Mil mean?
Vinci Gestora de Recursosa. (BSP:VILG11) has a Operating Income of R$136.4 Mil as of Dec. 2024. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Vinci Gestora de Recursosa. and its competitors.
Is Vinci Gestora de Recursosa.'s Operating Income too high?
Vinci Gestora de Recursosa.'s current Operating Income is R$136.4 Mil. Overall, Vinci Gestora de Recursosa. has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vinci Gestora de Recursosa.'s Operating Income compare to BLK and BX?
Vinci Gestora de Recursosa.'s Operating Income of R$136.4 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for an Asset Management company?
A good Operating Income depends on the Asset Management industry context. However, Operating Income 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 Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Vinci Gestora de Recursosa. and its competitors. Vinci Gestora de Recursosa.'s current Operating Income is R$136.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinci Gestora de Recursosa. stock overvalued right now?
Based on GuruFocus' analysis, Vinci Gestora de Recursosa. (BSP:VILG11) is currently considered Modestly Undervalued. The stock's GF Value™ is R$104.10, compared to a current price of R$91.94 — trading 11.7% below its estimated fair value. The current Operating Income is R$136.4 Mil. Vinci Gestora de Recursosa.'s overall GF Score™ is 80/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Vinci Gestora de Recursosa. (BSP:VILG11), the current Operating Income is R$136.4 Mil as of Dec. 2024. 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 Vinci Gestora de Recursosa. (BSP:VILG11) Overvalued in 2026?

Based on GuruFocus' analysis, Vinci Gestora de Recursosa. stock appears to be undervalued. The current stock price of R$91.94 is trading 11.7% below its estimated GF Value™ of R$104.10. GuruFocus considers Vinci Gestora de Recursosa. to be Modestly Undervalued.

Key valuation signals for BSP:VILG11:

  • Operating Income: R$136.4 Mil
  • GF Value™: R$104.10 vs. price of R$91.94 (11.7% below fair value)
  • GF Score™: 80/100 with 10 warning signs

No single metric tells the full story. See the BSP:VILG11 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vinci Gestora de Recursosa. Business Description

Address RUA ALVES GUIMARAES 1.212 - 1212, PINHEIROS, Sao Paulo, SP, BRA, 5410002
Vinci Gestora de Recursos Ltda. is a real estate investment fund. The fund was established as a closed-end fund with an indefinite term and aims to generate income by investing at least 2/3 (two-thirds) of its net worth in completed or under-construction real estate, as well as in any real rights over the properties, or through indirect investment in real estate by acquiring real estate assets, and by capital gains obtained from the purchase and sale of real estate or real estate assets.
80GF Score

Get the complete analysis for BSP:VILG11

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

R$91.94
Price
R$104.10
GF Value