Ras Al Khaimah Co for White Cementnstruction Materials (ADX:RAKWCT) Operating Income: د.إ25.3 Mil (TTM As of Mar. 2026)

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ADX:RAKWCT Ras Al Khaimah Co for White Cement & Construction Materials ADX:RAKWCT
75 GF Score
Price د.إ1.06
GF Value د.إ1.25
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Ras Al Khaimah Co for White Cementnstruction Materials Operating Income?

Ras Al Khaimah Co for White Cementnstruction Materials ADX:RAKWCT +9.28% 75 Operating Income is د.إ25.3 Mil as of Mar. 2026. GuruFocus rates ADX:RAKWCT with a GF Score™ of 75/100 and a GF Value™ of د.إ1.25 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Ras Al Khaimah Co for White Cementnstruction Materials's Operating Income for the six months ended in Mar. 2026 was د.إ25.3 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was د.إ25.3 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Ras Al Khaimah Co for White Cementnstruction Materials's Operating Income for the six months ended in Mar. 2026 was د.إ25.3 Mil. Ras Al Khaimah Co for White Cementnstruction Materials's Revenue for the six months ended in Mar. 2026 was د.إ289.1 Mil. Therefore, Ras Al Khaimah Co for White Cementnstruction Materials's Operating Margin % for the quarter that ended in Mar. 2026 was 8.76%.

Good Sign:

Ras Al Khaimah Co for White Cement & Construction Materials operating margin is expanding. Margin expansion is usually a good sign.

Ras Al Khaimah Co for White Cementnstruction Materials's 5-Year average Growth Rate for Operating Margin % was 1.10% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ras Al Khaimah Co for White Cementnstruction Materials's annualized ROC % for the quarter that ended in Mar. 2026 was 4.13%. Ras Al Khaimah Co for White Cementnstruction Materials's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.18%.


Ras Al Khaimah Co for White Cementnstruction Materials  (ADX:RAKWCT) Operating Income Explanation

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

Ras Al Khaimah Co for White Cementnstruction Materials's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=25.316 * ( 1 - 11.05% )/( (555.099 + 534.49)/ 2 )
=22.518582/544.7945
=4.13 %

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))
=882.85 - 76.442 - ( 251.309 - max(0, 76.442 - 382.936+251.309))
=555.099

Invested Capital(Q: Mar. 2026 )
=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))
=985.796 - 62.107 - ( 389.199 - max(0, 91.899 - 530.987+389.199))
=534.49

Note: The Operating Income data used here is one times the annual (Mar. 2026) data.

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

Ras Al Khaimah Co for White Cementnstruction Materials's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=42.218/( ( (440.226 + max(55.185, 0)) + (388.301 + max(36.234, 0)) )/ 2 )
=42.218/( ( 495.411 + 424.535 )/ 2 )
=42.218/459.973
=9.18 %

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)
=(51.763 + 79.864 + -5.6843418860808E-14) - (76.442 + 0 + 0)
=55.185

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(41.746 + 80.074 + 5.603) - (62.107 + 0 + 29.082)
=36.234

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Mar. 2026) EBIT data.

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

Ras Al Khaimah Co for White Cementnstruction Materials's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=25.316/289.109
=8.76 %

* 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.


Ras Al Khaimah Co for White Cementnstruction Materials Operating Income Related Terms


Ras Al Khaimah Co for White Cementnstruction Materials Operating Income Historical Data

* Premium members only.

The historical data trend for Ras Al Khaimah Co for White Cementnstruction Materials'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.

Ras Al Khaimah Co for White Cementnstruction Materials Operating Income Chart

Ras Al Khaimah Co for White Cementnstruction Materials Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.92 14.67 13.24 10.49 25.32

Ras Al Khaimah Co for White Cementnstruction Materials Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Mar26
Operating Income 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 14.92 14.67 13.24 10.49 25.32
ADX:RAKWCT
75GF Score
Ras Al Khaimah Co for White Cement & Construction Materials ADX:RAKWCT
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Ras Al Khaimah Co for White Cementnstruction Materials 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 Mar. 2026 was د.إ25.3 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 د.إ25.3 Mil mean?
Ras Al Khaimah Co for White Cementnstruction Materials (ADX:RAKWCT) has a Operating Income of د.إ25.3 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Ras Al Khaimah Co for White Cementnstruction Materials and its competitors.
Is Ras Al Khaimah Co for White Cementnstruction Materials' Operating Income too high?
Ras Al Khaimah Co for White Cementnstruction Materials' current Operating Income is د.إ25.3 Mil. Overall, Ras Al Khaimah Co for White Cementnstruction Materials has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ras Al Khaimah Co for White Cementnstruction Materials' Operating Income compare to CRH and VMC?
Ras Al Khaimah Co for White Cementnstruction Materials' Operating Income of د.إ25.3 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good Operating Income depends on the Building Materials 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 Ras Al Khaimah Co for White Cementnstruction Materials and its competitors. Ras Al Khaimah Co for White Cementnstruction Materials's current Operating Income is د.إ25.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ras Al Khaimah Co for White Cementnstruction Materials stock overvalued right now?
Based on GuruFocus' analysis, Ras Al Khaimah Co for White Cementnstruction Materials (ADX:RAKWCT) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ1.25, compared to a current price of د.إ1.06 — trading 15.2% below its estimated fair value. The current Operating Income is د.إ25.3 Mil. Ras Al Khaimah Co for White Cementnstruction Materials' overall GF Score™ is 75/100 with 2 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 Ras Al Khaimah Co for White Cementnstruction Materials (ADX:RAKWCT), the current Operating Income is د.إ25.3 Mil as of Mar. 2026. 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 Ras Al Khaimah Co for White Cementnstruction Materials (ADX:RAKWCT) Overvalued in 2026?

Based on GuruFocus' analysis, Ras Al Khaimah Co for White Cementnstruction Materials stock appears to be undervalued. The current stock price of د.إ1.06 is trading 15.2% below its estimated GF Value™ of د.إ1.25. GuruFocus considers Ras Al Khaimah Co for White Cementnstruction Materials to be Modestly Undervalued.

Key valuation signals for ADX:RAKWCT:

  • Operating Income: د.إ25.3 Mil
  • GF Value™: د.إ1.25 vs. price of د.إ1.06 (15.2% below fair value)
  • GF Score™: 75/100 with 2 warning signs

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


Ras Al Khaimah Co for White Cementnstruction Materials Business Description

Address P.O. Box 1492, Ras Al Khaimah, ARE
Ras Al Khaimah Co for White Cement & Construction Materials is engaged in the production of cement, building materials, and lime. The principal activities of the company are to manufacture and supply white cement, lime, and cement products. The company operates through two business segments which include Manufacturing and Investments. The manufacturing segment which generates the majority of the company's revenue. represents the manufacture and distribution of cement products, concrete blocks, and interlock tiles. The investment segment consists of investments in marketable equity securities and deposits with banks. Geographically, the company derives its key revenue from India and the rest from Jordan, Yemen, United Arab Emirates, and other countries.
75GF Score

Get the complete analysis for ADX:RAKWCT

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

د.إ1.06
Price
د.إ1.25
GF Value