ASAGF (Australian Agricultural Co) Operating Income: $112.2 Mil (TTM As of Mar. 2026)


ASAGF Australian Agricultural Co Ltd ASAGF
76 GF Score
Price $0.89
GF Value $1.20
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Australian Agricultural Co Operating Income?

Australian Agricultural Co ASAGF 76 Operating Income is $112.2 Mil as of Mar. 2026. GuruFocus rates ASAGF with a GF Score™ of 76/100 and a GF Value™ of $1.20 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Australian Agricultural Co's Operating Income for the six months ended in Mar. 2026 was $26.1 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $112.2 Mil.

Warning Sign:

Australian Agricultural Co Ltd has recorded a loss in operating income at least once over the past 3 years.

Operating Margin % is calculated as Operating Income divided by its Revenue. Australian Agricultural Co's Operating Income for the six months ended in Mar. 2026 was $26.1 Mil. Australian Agricultural Co's Revenue for the six months ended in Mar. 2026 was $132.7 Mil. Therefore, Australian Agricultural Co's Operating Margin % for the quarter that ended in Mar. 2026 was 19.68%.

Australian Agricultural Co'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. Australian Agricultural Co's annualized ROC % for the quarter that ended in Mar. 2026 was 2.33%. Australian Agricultural Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.32%.


Australian Agricultural Co  (OTCPK:ASAGF) Operating Income Explanation

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

Australian Agricultural Co'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: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=52.23 * ( 1 - 20.47% )/( (1657.92 + 1905.833)/ 2 )
=41.538519/1781.8765
=2.33 %

where

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

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

Australian Agricultural Co'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: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=63.216/( ( (1137.728 + max(231.818, 0)) + (1309.253 + max(245.441, 0)) )/ 2 )
=63.216/( ( 1369.546 + 1554.694 )/ 2 )
=63.216/1462.12
=4.32 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(19.581 + 243.617 + 2.564) - (28.896 + 0 + 5.048)
=231.818

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.688 + 26.375 + 241.627) - (27.14 + 0.441 + 3.668)
=245.441

When net working capital is negative, 0 is used.

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

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

Australian Agricultural Co'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 )
=26.115/132.728
=19.68 %

* 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.


Australian Agricultural Co Operating Income Related Terms


Australian Agricultural Co Operating Income Historical Data

* Premium members only.

The historical data trend for Australian Agricultural Co'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.

Australian Agricultural Co Operating Income Chart

Australian Agricultural Co 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 149.94 8.75 -78.95 9.30 117.65

Australian Agricultural Co Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 12.91 32.17 -20.64 86.04 26.12
ASAGF
76GF Score
Australian Agricultural Co Ltd ASAGF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Australian Agricultural Co 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 semi-annually data reported by the company within the most recent 12 months, which was $112.2 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 $112.2 Mil mean?
Australian Agricultural Co (ASAGF) has a Operating Income of $112.2 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Australian Agricultural Co and its competitors.
Is Australian Agricultural Co's Operating Income too high?
Australian Agricultural Co's current Operating Income is $112.2 Mil. Overall, Australian Agricultural Co has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Australian Agricultural Co's Operating Income compare to ADM and BG?
Australian Agricultural Co's Operating Income of $112.2 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Operating Income depends on the Consumer Packaged Goods 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 Australian Agricultural Co and its competitors. Australian Agricultural Co's current Operating Income is $112.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Australian Agricultural Co stock overvalued right now?
Based on GuruFocus' analysis, Australian Agricultural Co (ASAGF) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.20, compared to a current price of $0.89 — trading 26% below its estimated fair value. The current Operating Income is $112.2 Mil. Australian Agricultural Co's overall GF Score™ is 76/100 with 7 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 Australian Agricultural Co (ASAGF), the current Operating Income is $112.2 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 Australian Agricultural Co (ASAGF) Overvalued in 2026?

Based on GuruFocus' analysis, Australian Agricultural Co stock appears to be undervalued. The current stock price of $0.89 is trading 26% below its estimated GF Value™ of $1.20. GuruFocus considers Australian Agricultural Co to be Modestly Undervalued.

Key valuation signals for ASAGF:

  • Operating Income: $112.2 Mil
  • GF Value™: $1.20 vs. price of $0.89 (26% below fair value)
  • GF Score™: 76/100 with 7 warning signs

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


Australian Agricultural Co Business Description

Address 76 Skyring Terrace, Level 1, Tower A, Gasworks Plaza, Newstead, Brisbane, QLD, AUS, 4006
Australian Agricultural Co Ltd is Australia's integrated cattle and beef producer. The company operates owned cattle stations, leased stations, owned feedlots, owned farms and leased farm, located throughout Queensland and the Northern Territory. Its brands are Westholme, 1824, and Darling Downs. It derives revenue through the production and sale of cattle and branded beef products across domestic and international markets. Geographically, it operates in South Korea, USA, China, Australia, Canada, and Others with majority of revenue deriving from cattle sales in Australia.
76GF Score

Get the complete analysis for ASAGF

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

$0.89
Price
$1.20
GF Value