National Atomic Co Kazatomprom JSC (LSE:KAP) Operating Income : $1,095 Mil (TTM As of Sep. 2023)

View and export this data going back to 2018. Start your Free Trial

What is National Atomic Co Kazatomprom JSC Operating Income?

National Atomic Co Kazatomprom JSC's Operating Income for the three months ended in Sep. 2023 was $179 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was $1,095 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. National Atomic Co Kazatomprom JSC's Operating Income for the three months ended in Sep. 2023 was $179 Mil. National Atomic Co Kazatomprom JSC's Revenue for the three months ended in Sep. 2023 was $538 Mil. Therefore, National Atomic Co Kazatomprom JSC's Operating Margin % for the quarter that ended in Sep. 2023 was 33.30%.

Good Sign:

National Atomic Co Kazatomprom JSC operating margin is expanding. Margin expansion is usually a good sign.

National Atomic Co Kazatomprom JSC's 5-Year average Growth Rate for Operating Margin % was 28.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. National Atomic Co Kazatomprom JSC's annualized ROC % for the quarter that ended in Sep. 2023 was 15.23%. National Atomic Co Kazatomprom JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 31.50%.

National Atomic Co Kazatomprom JSC Operating Income Historical Data

The historical data trend for National Atomic Co Kazatomprom JSC'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.

* Premium members only.

National Atomic Co Kazatomprom JSC Operating Income Chart

National Atomic Co Kazatomprom JSC Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Operating Income

Get a 7-Day Free Trial

205.36

390.71

523.32

538.89

971.31

National Atomic Co Kazatomprom JSC Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Operating Income	Get a 7-Day Free Trial															251.78	348.55	278.84	288.76	179.03

National Atomic Co Kazatomprom JSC 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,095 Mil.

National Atomic Co Kazatomprom JSC (LSE:KAP) Operating Income Explanation

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

National Atomic Co Kazatomprom JSC's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	716.104 * ( 1 - 20.76% )	/	( (3419.783	+	4030.81)	/ 2 )
=	567.4408096	/	3725.2965
=	15.23 %

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	))
=	5413.71	-	880.71	-	( 1113.217	-	max(0, 1173.644	-	2654.998	+	1113.217	))
=	3419.783

	Invested Capital		(Q: Sep. 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	))
=	5002.469	-	434.855	-	( 536.804	-	max(0, 850.89	-	2270.03	+	536.804	))
=	4030.81

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

National Atomic Co Kazatomprom JSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	889.592	/	( ( (2013.26 + max(475.576, 0))	+	(1983.849 + max(1174.714, 0)) )	/	2 )
=	889.592	/	( ( 2488.836	+	3158.563 )	/	2 )
=	889.592	/	2823.6995
=	31.50 %

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)
=	(293.771	+	876.073	+	284.461)	-	(880.71	+	0	+	98.019)
=	475.576

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(415.055	+	918.228	+	326.778)	-	(434.855	+	0	+	50.492)
=	1174.714

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

National Atomic Co Kazatomprom JSC's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as:

Operating Margin %	=	Operating Income (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	179.026	/	537.63
	=	33.30 %

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.

National Atomic Co Kazatomprom JSC Operating Income Related Terms

Thank you for viewing the detailed overview of National Atomic Co Kazatomprom JSC's Operating Income provided by GuruFocus.com. Please click on the following links to see related term pages.

National Atomic Co Kazatomprom JSC (LSE:KAP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » National Atomic Co Kazatomprom JSC (LSE:KAP) » Definitions » Operating Income

Comparable Companies

Traded in Other Exchanges

NATKY:USA KZAPD:Kazakhstan KZAP:Kazakhstan KAPl:UK 0ZQ:Germany

Address

Syganak Street, Building 17/12, Astana, KAZ, Z05T1X3

Website

https://www.kazatomprom.kz

National Atomic Co Kazatomprom JSC is a producer of uranium. All of the company's mining operations are located in Kazakhstan and extract uranium using ISR technology with a focus on maintaining industry-leading health, safety and environment standards. The company's segment includes Uranium; UMP and Other. It generates maximum revenue from the Uranium segment.

National Atomic Co Kazatomprom JSC (LSE:KAP) Headlines

No Headlines