BEPTF (Beach Energy) Operating Income: $-100 Mil (TTM As of Dec. 2025)


BEPTF Beach Energy Ltd BEPTF
65 GF Score
Price $0.61
GF Value $1.09
Valuation Possible Value Trap
! 6 Warning Signs
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What is Beach Energy Operating Income?

Beach Energy BEPTF -3.70% 65 Operating Income is $-100 Mil as of Dec. 2025. GuruFocus rates BEPTF with a GF Score™ of 65/100 and a GF Value™ of $1.09 (Possible Value Trap). The stock has 6 warning signs investors should review.

Beach Energy's Operating Income for the six months ended in Dec. 2025 was $104 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $-100 Mil.

Warning Sign:

Beach Energy 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. Beach Energy's Operating Income for the six months ended in Dec. 2025 was $104 Mil. Beach Energy's Revenue for the six months ended in Dec. 2025 was $652 Mil. Therefore, Beach Energy's Operating Margin % for the quarter that ended in Dec. 2025 was 15.93%.

Beach Energy'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. Beach Energy's annualized ROC % for the quarter that ended in Dec. 2025 was 4.35%. Beach Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 11.01%.


Beach Energy  (OTCPK:BEPTF) Operating Income Explanation

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

Beach Energy's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=207.84 * ( 1 - 30.43% )/( (3412.696 + 3234.486)/ 2 )
=144.594288/3323.591
=4.35 %

where

Invested Capital(Q: Jun. 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))
=3438.607 - 214.453 - ( 112.109 - max(0, 627.539 - 438.997+112.109))
=3412.696

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))
=3599.336 - 297.209 - ( 156.279 - max(0, 422.126 - 489.767+156.279))
=3234.486

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

Beach Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=313.09/( ( (2789.453 + max(-85.938, 0)) + (2899.402 + max(-82.591, 0)) )/ 2 )
=313.09/( ( 2789.453 + 2899.402 )/ 2 )
=313.09/2844.4275
=11.01 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(168.424 + 125.26 + 33.334) - (214.453 + 47.135 + 151.368)
=-85.938

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(168.97 + 140.864 + 23.654) - (297.209 + 7.309 + 111.561)
=-82.591

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

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

Beach Energy's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=103.92/652.292
=15.93 %

* 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.


Beach Energy Operating Income Related Terms


Beach Energy Operating Income Historical Data

* Premium members only.

The historical data trend for Beach Energy'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.

Beach Energy Operating Income Chart

Beach Energy Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 301.61 489.11 355.84 97.15 -18.69

Beach Energy Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 156.83 -58.43 180.43 -204.17 103.92
BEPTF
65GF Score
Beach Energy Ltd BEPTF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Beach Energy 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-100 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 $-100 Mil mean?
Beach Energy (BEPTF) has a Operating Income of $-100 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Beach Energy and its competitors.
Is Beach Energy's Operating Income too high?
Beach Energy's current Operating Income is $-100 Mil. Overall, Beach Energy has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Beach Energy's Operating Income compare to COP and EOG?
Beach Energy's Operating Income of $-100 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Operating Income depends on the Oil & Gas 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 Beach Energy and its competitors. Beach Energy's current Operating Income is $-100 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beach Energy stock overvalued right now?
Based on GuruFocus' analysis, Beach Energy (BEPTF) is currently considered Possible Value Trap. The stock's GF Value™ is $1.09, compared to a current price of $0.61 — trading 44.3% below its estimated fair value. The current Operating Income is $-100 Mil. Beach Energy's overall GF Score™ is 65/100 with 6 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 Beach Energy (BEPTF), the current Operating Income is $-100 Mil as of Dec. 2025. 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 Beach Energy (BEPTF) Overvalued in 2026?

Based on GuruFocus' analysis, Beach Energy stock appears to be undervalued. The current stock price of $0.61 is trading 44.3% below its estimated GF Value™ of $1.09. GuruFocus considers Beach Energy to be Possible Value Trap.

Key valuation signals for BEPTF:

  • Operating Income: $-100 Mil
  • GF Value™: $1.09 vs. price of $0.61 (44.3% below fair value)
  • GF Score™: 65/100 with 6 warning signs

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


Beach Energy Business Description

Industry EnergyOil & Gas
Other Exchanges BPS:GermanyBPT:Australia
Address 80 Flinders Street, Level 8, Adelaide, SA, AUS, 5000
Beach produces oil, gas, and gas liquids from numerous joint ventures in the onshore Cooper and Eromanga basins. Beach merged with Cooper Basin joint-venture partner Drillsearch Energy Limited in March 2016, which increased equity production to about 10 million barrels of oil equivalent. This more than doubled to over 20 million barrels of oil equivalent following the successful purchase of Lattice from Origin Energy in 2018. The average field life is around seven years based on forecast production and 173 mmboe of proven and probable reserves. We credit less than 15 years, assuming some additional conversion of 2C contingent resources into the reserve category with drilling. Shale gas resources are blue-sky.
65GF Score

Get the complete analysis for BEPTF

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

$0.61
Price
$1.09
GF Value