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CVC Brasil Operadora e Agencia de Viagens (BSP:CVCB3) EBIT : R$5 Mil (TTM As of Mar. 2024)


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What is CVC Brasil Operadora e Agencia de Viagens EBIT?

CVC Brasil Operadora e Agencia de Viagens's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was R$31 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was R$5 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CVC Brasil Operadora e Agencia de Viagens's annualized ROC % for the quarter that ended in Mar. 2024 was 4.68%. CVC Brasil Operadora e Agencia de Viagens's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 141.51%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. CVC Brasil Operadora e Agencia de Viagens's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.40%.


CVC Brasil Operadora e Agencia de Viagens EBIT Historical Data

The historical data trend for CVC Brasil Operadora e Agencia de Viagens'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.

CVC Brasil Operadora e Agencia de Viagens EBIT Chart

CVC Brasil Operadora e Agencia de Viagens Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 213.80 -1,404.97 -397.17 -34.19 -155.59

CVC Brasil Operadora e Agencia de Viagens Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -37.06 -34.92 -8.45 17.52 31.11

Competitive Comparison of CVC Brasil Operadora e Agencia de Viagens's EBIT

For the Travel Services subindustry, CVC Brasil Operadora e Agencia de Viagens'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.


CVC Brasil Operadora e Agencia de Viagens's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, CVC Brasil Operadora e Agencia de Viagens's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where CVC Brasil Operadora e Agencia de Viagens's EV-to-EBIT falls into.



CVC Brasil Operadora e Agencia de Viagens 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$5 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.


CVC Brasil Operadora e Agencia de Viagens  (BSP:CVCB3) EBIT Explanation

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

CVC Brasil Operadora e Agencia de Viagens's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=150.856 * ( 1 - 0.12% )/( (3228.784 + 3211.671)/ 2 )
=150.6749728/3220.2275
=4.68 %

where

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))
=4030.884 - 979.007 - ( 613.35 - max(0, 2478.268 - 2301.361+613.35))
=3228.784

Invested Capital(Q: Mar. 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))
=3810.077 - 758.776 - ( 572.445 - max(0, 2269.481 - 2109.111+572.445))
=3211.671

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

CVC Brasil Operadora e Agencia de Viagens's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=124.452/( ( (91.755 + max(-655.725, 0)) + (84.138 + max(-627.996, 0)) )/ 2 )
=124.452/( ( 91.755 + 84.138 )/ 2 )
=124.452/87.9465
=141.51 %

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)
=(842.635 + 0 + 793.278) - (979.007 + 0 + 1312.631)
=-655.725

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(851.653 + 0 + 578.066) - (758.776 + 0 + 1298.939)
=-627.996

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

CVC Brasil Operadora e Agencia de Viagens's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=5.264/1317.062
=0.40 %

* 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.


CVC Brasil Operadora e Agencia de Viagens EBIT Related Terms

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CVC Brasil Operadora e Agencia de Viagens (BSP:CVCB3) Business Description

Traded in Other Exchanges
N/A
Address
227, Rua Da Catequese, Santo Andre, Sao Paulo, SP, BRA, 9080370
CVC Brasil Operadora e Agencia de Viagens SA is engaged in providing tourism products and services. It provides tour packages, air tickets, ground transportation, hotel reservations, cruise line tickets, and other tourism services. CVC also has agreements with local representatives to sell CVC-branded products and services in Argentina and Uruguay. It serves both domestic and international market.

CVC Brasil Operadora e Agencia de Viagens (BSP:CVCB3) Headlines

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