Xporate Macae Fundo Invest Imobiliario FII (BSP:XPCM11) Operating Income: R$ Mil (TTM As of . 20)

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What is Xporate Macae Fundo Invest Imobiliario FII Operating Income?

Xporate Macae Fundo Invest Imobiliario FII BSP:XPCM11 +0.25% Operating Income is R$ Mil as of . 20.

Xporate Macae Fundo Invest Imobiliario FII's Operating Income for the three months ended in . 20 was R$0.00 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Xporate Macae Fundo Invest Imobiliario FII's Operating Income for the three months ended in . 20 was R$0.00 Mil. Xporate Macae Fundo Invest Imobiliario FII's Revenue for the three months ended in . 20 was R$0.00 Mil. Therefore, Xporate Macae Fundo Invest Imobiliario FII's Operating Margin % for the quarter that ended in . 20 was %.

Xporate Macae Fundo Invest Imobiliario FII's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

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

Xporate Macae Fundo Invest Imobiliario FII  (BSP:XPCM11) Operating Income Explanation

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

Xporate Macae Fundo Invest Imobiliario FII's annualized ROC % for the quarter that ended in . 20 is calculated as:

ROC % (Q: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: . 20 ) + Invested Capital (Q: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Invested Capital(Q: . 20 )
=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))
= - - ( - max(0, - +))
=

Invested Capital(Q: . 20 )
=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))
= - - ( - max(0, - +))
=

Note: The Operating Income data used here is four times the quarterly (. 20) data.

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

Xporate Macae Fundo Invest Imobiliario FII's annualized ROC (Joel Greenblatt) % for the quarter that ended in . 20 is calculated as:

ROC (Joel Greenblatt) %(Q: . 20 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: . 20  Q: . 20
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=/( ( ( + max(, 0)) + ( + max(, 0)) )/ )
=/( ( + )/ )
=/
= %

where Working Capital is:

Working Capital(Q: . 20 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=( + + ) - ( + + )
=

Working Capital(Q: . 20 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=( + + ) - ( + + )
=

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (. 20) EBIT data.

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

Xporate Macae Fundo Invest Imobiliario FII's Operating Margin % for the quarter that ended in . 20 is calculated as:

Operating Margin %=Operating Income (Q: . 20 )/Revenue (Q: . 20 )
=/
= %

* 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.

Xporate Macae Fundo Invest Imobiliario FII Operating Income Related Terms

Xporate Macae Fundo Invest Imobiliario FII Operating Income Historical Data

* Premium members only.

The historical data trend for Xporate Macae Fundo Invest Imobiliario FII'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.

Xporate Macae Fundo Invest Imobiliario FII Operating Income Chart

Xporate Macae Fundo Invest Imobiliario FII Annual Data
Trend
Operating Income

Xporate Macae Fundo Invest Imobiliario FII Quarterly Data
Operating Income

Xporate Macae Fundo Invest Imobiliario FII 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.

Operating Income for the trailing twelve months (TTM) ended in . 20 adds up the quarterly data reported by the company within the most recent 12 months, which 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of R$ Mil mean?
Xporate Macae Fundo Invest Imobiliario FII (BSP:XPCM11) has a Operating Income of R$ Mil as of . 20. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Xporate Macae Fundo Invest Imobiliario FII and its competitors.
Is Xporate Macae Fundo Invest Imobiliario FII's Operating Income too high?
Xporate Macae Fundo Invest Imobiliario FII's current Operating Income is R$ Mil.
How does Xporate Macae Fundo Invest Imobiliario FII's Operating Income compare to PRLE and RASF?
Xporate Macae Fundo Invest Imobiliario FII's Operating Income of R$ Mil can be compared against companies in the REITs 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 a REITs company?
A good Operating Income depends on the REITs 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 Xporate Macae Fundo Invest Imobiliario FII and its competitors. Xporate Macae Fundo Invest Imobiliario FII's current Operating Income is R$ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xporate Macae Fundo Invest Imobiliario FII stock overvalued right now?
Xporate Macae Fundo Invest Imobiliario FII (BSP:XPCM11) has a current Operating Income of R$ Mil. The current Operating Income is R$ Mil. 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 Xporate Macae Fundo Invest Imobiliario FII (BSP:XPCM11), the current Operating Income is R$ Mil as of . 20. 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.

Xporate Macae Fundo Invest Imobiliario FII Business Description

Industry Real EstateREITs
Address AV CHEDID JAFET 222, BLOCO B - 3rd ANDAR, Sao Paulo, SP, BRA, 4551065
Xp Corporate Macae Fundo Invest Imobiliario FII is obtaining gains from the acquisition, of commercial operations, and buildings.