ATCMF (Atico Mining) Operating Income: $6.60 Mil (TTM As of Mar. 2026)

What is Atico Mining Operating Income?

Atico Mining ATCMF +1.15% 45 Operating Income is $6.60 Mil as of Mar. 2026. GuruFocus rates ATCMF with a GF Score™ of 45/100 and a GF Value™ of $0.10 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Atico Mining's Operating Income for the three months ended in Mar. 2026 was $6.19 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $6.60 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Atico Mining's Operating Income for the three months ended in Mar. 2026 was $6.19 Mil. Atico Mining's Revenue for the three months ended in Mar. 2026 was $30.61 Mil. Therefore, Atico Mining's Operating Margin % for the quarter that ended in Mar. 2026 was 20.22%.

Warning Sign:

Atico Mining Corp operating margin has been in a 5-year decline. The average rate of decline per year is -29.4%.

Atico Mining's 5-Year average Growth Rate for Operating Margin % was -29.40% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Atico Mining's annualized ROC % for the quarter that ended in Mar. 2026 was 16.55%. Atico Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 34.45%.

Atico Mining (OTCPK:ATCMF) Operating Income Explanation

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

Atico Mining'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 )
=	24.764 * ( 1 - 40.13% )	/	( (96.365	+	82.76)	/ 2 )
=	14.8262068	/	89.5625
=	16.55 %

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	))
=	90.46	-	14.324	-	( 4.893	-	max(0, 48.607	-	28.378	+	4.893	))
=	96.365

	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	))
=	87.562	-	14.383	-	( 4.483	-	max(0, 35.547	-	25.966	+	4.483	))
=	82.76

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

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

Atico Mining'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 )
=	21.304	/	( ( (62.081 + max(-17.109, 0))	+	(61.596 + max(-7.353, 0)) )	/	2 )
=	21.304	/	( ( 62.081	+	61.596 )	/	2 )
=	21.304	/	61.8385
=	34.45 %

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)
=	(3.022	+	14.004	+	0.24)	-	(14.324	+	9.055	+	10.996)
=	-17.109

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(6.035	+	7.39	+	0.11)	-	(14.383	+	0	+	6.505)
=	-7.353

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 %:

Atico Mining'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 )
	=	6.191	/	30.614
	=	20.22 %

* 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.

Atico Mining Operating Income Related Terms

Atico Mining Operating Income Historical Data

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The historical data trend for Atico Mining's Operating Income can be seen below:

Atico Mining Operating Income Chart

Atico Mining Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Operating Income

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21.38

9.16

1.29

7.95

2.92

Atico Mining 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															2.52	2.32	-2.62	0.71	6.19

45GF Score

Atico Mining Corp ATCMF

Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.

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Atico Mining 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 $6.60 Mil.

Frequently Asked Questions Learn more about Operating Income →

What does a Operating Income of $6.60 Mil mean?

Atico Mining (ATCMF) has a Operating Income of $6.60 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Atico Mining and its competitors.

Is Atico Mining's Operating Income too high?

Atico Mining's current Operating Income is $6.60 Mil. Overall, Atico Mining has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Atico Mining's Operating Income compare to competitors?

Atico Mining's Operating Income of $6.60 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?

A good Operating Income depends on the Metals & Mining 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 Atico Mining and its competitors. Atico Mining's current Operating Income is $6.60 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Atico Mining stock overvalued right now?

Based on GuruFocus' analysis, Atico Mining (ATCMF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.10, compared to a current price of $0.15 — trading 50% above its estimated fair value. The current Operating Income is $6.60 Mil. Atico Mining's overall GF Score™ is 45/100 with 5 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 Atico Mining (ATCMF), the current Operating Income is $6.60 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 Atico Mining (ATCMF) Overvalued in 2026?

Based on GuruFocus' analysis, Atico Mining stock appears to be overvalued. The current stock price of $0.15 is trading 50% above its estimated GF Value™ of $0.10. GuruFocus considers Atico Mining to be Significantly Overvalued.

Key valuation signals for ATCMF:

Operating Income: $6.60 Mil
GF Value™: $0.10 vs. price of $0.15 (50% above fair value)
GF Score™: 45/100 with 5 warning signs

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

Atico Mining Business Description

Industry Basic Materials Metals & Mining

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Address 543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8

Website https://www.aticomining.com

Atico Mining Corp is engaged in copper-gold mining and related activities, including exploration, development, extraction, and processing in Colombia and the acquisition, exploration and development of copper and gold projects in Latin America. The company generates cash flow through the operation of the El Roble mine and is developing its high-grade La Plata VMS project in Ecuador. Its other project includes LA Plata. Its segments include mining operations at El Roble (El Roble mine), E&E activities at El Roble (El Roble E&E) and E&E activities at CMLP (La Plata E&E). It derives the majority of the revenue from El Roble mine segment.

45GF Score

Get the complete analysis for ATCMF

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

$0.15

Price

$0.10

GF Value

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