Amano (AMANF) Operating Income: $148 Mil (TTM As of Mar. 2026)

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AMANF Amano Corp AMANF
80 GF Score
Price $18.07
GF Value $21.14
! 1 Warning Sign
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What is Amano Operating Income?

Amano AMANF 80 Operating Income is $148 Mil as of Mar. 2026. GuruFocus rates AMANF with a GF Score™ of 80/100 and a GF Value™ of $21.14. The stock has 1 warning sign investors should review.

Amano's Operating Income for the three months ended in Mar. 2026 was $47 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $148 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Amano's Operating Income for the three months ended in Mar. 2026 was $47 Mil. Amano's Revenue for the three months ended in Mar. 2026 was $311 Mil. Therefore, Amano's Operating Margin % for the quarter that ended in Mar. 2026 was 15.04%.

Good Sign:

Amano Corp operating margin is expanding. Margin expansion is usually a good sign.

Amano's 5-Year average Growth Rate for Operating Margin % was 7.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Amano's annualized ROC % for the quarter that ended in Mar. 2026 was 23.79%. Amano's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 68.84%.


Amano  (OTCPK:AMANF) Operating Income Explanation

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

Amano'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. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=187.42 * ( 1 - 4.08% )/( (753.956 + 757.487)/ 2 )
=179.773264/755.7215
=23.79 %

where

Invested Capital(Q: Dec. 2025 )
=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))
=1179.271 - 59.199 - ( 366.116 - max(0, 266.081 - 751.666+366.116))
=753.956

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))
=1216.869 - 70.644 - ( 388.738 - max(0, 270.849 - 778.503+388.738))
=757.487

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

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

Amano'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. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=245.244/( ( (197.204 + max(155.534, 0)) + (203.431 + max(156.374, 0)) )/ 2 )
=245.244/( ( 352.738 + 359.805 )/ 2 )
=245.244/356.2715
=68.84 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(213.257 + 111.907 + 60.386) - (59.199 + 0 + 170.817)
=155.534

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(233.775 + 101.385 + 54.605) - (70.644 + 0 + 162.747)
=156.374

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

Amano'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 )
=46.855/311.477
=15.04 %

* 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.


Amano Operating Income Related Terms


Amano Operating Income Historical Data

* Premium members only.

The historical data trend for Amano'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.

Amano Operating Income Chart

Amano Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 108.73 118.11 130.61 154.57 142.12

Amano Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only 52.52 18.98 46.97 34.83 46.86
AMANF
80GF Score
Amano Corp AMANF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Amano 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $148 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 $148 Mil mean?
Amano (AMANF) has a Operating Income of $148 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Amano and its competitors.
Is Amano's Operating Income too high?
Amano's current Operating Income is $148 Mil. Overall, Amano has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Amano's Operating Income compare to COHR and KEYS?
Amano's Operating Income of $148 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Operating Income depends on the Hardware 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 Amano and its competitors. Amano's current Operating Income is $148 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Amano stock overvalued right now?
Amano (AMANF) has a current Operating Income of $148 Mil. The stock's GF Value™ is $21.14, compared to a current price of $18.07 — trading 14.5% below its estimated fair value. The current Operating Income is $148 Mil. Amano's overall GF Score™ is 80/100 with 1 warning sign 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 Amano (AMANF), the current Operating Income is $148 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 Amano (AMANF) Overvalued in 2026?

Based on GuruFocus' analysis, Amano stock appears to be undervalued. The current stock price of $18.07 is trading 14.5% below its estimated GF Value™ of $21.14.

Key valuation signals for AMANF:

  • Operating Income: $148 Mil
  • GF Value™: $21.14 vs. price of $18.07 (14.5% below fair value)
  • GF Score™: 80/100 with 1 warning sign

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


Amano Business Description

Other Exchanges 6436:Japan
Address 275 Mamedocho, Kohoku-ku, Yokohama, Kanagawa, JPN, 222-8558
Amano Corp offers information systems, time management products, parking management services, environmental solutions, and cleaning products. The company helps clients coordinate human resources, payroll, and time recorders with software and standardized machines. It offers solutions to accurately record the data on billing and documents, and can process a wide variety of information customized for each client. Parking lots and bicycle-parking systems ensure safety while increasing the level of convenience for parking lot users. Products geared toward environmental and cleaning applications include dust and fume collectors, hazardous-gas removal systems, and floor scrubbers and cleaners. The majority of sales derive from customers located in Japan.
80GF Score

Get the complete analysis for AMANF

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

$18.07
Price
$21.14
GF Value