Celsia Colombia ESP (BOG:CSACOL) Operating Income: COP1,128,606 Mil (TTM As of Dec. 2025)


BOG:CSACOL Celsia Colombia SA ESP BOG:CSACOL
17 GF Score
Price COP18,905.00
GF Value COP25,497.79
! 9 Warning Signs
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What is Celsia Colombia ESP Operating Income?

Celsia Colombia ESP BOG:CSACOL 17 Operating Income is COP1,128,606 Mil as of Dec. 2025. GuruFocus rates BOG:CSACOL with a GF Score™ of 17/100 and a GF Value™ of COP25,497.79. The stock has 9 warning signs investors should review.

Celsia Colombia ESP's Operating Income for the three months ended in Dec. 2025 was COP251,797 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was COP1,128,606 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Celsia Colombia ESP's Operating Income for the three months ended in Dec. 2025 was COP251,797 Mil. Celsia Colombia ESP's Revenue for the three months ended in Dec. 2025 was COP1,320,651 Mil. Therefore, Celsia Colombia ESP's Operating Margin % for the quarter that ended in Dec. 2025 was 19.07%.

Warning Sign:

Celsia Colombia SA ESP operating margin has been in a 5-year decline. The average rate of decline per year is -4.9%.

Celsia Colombia ESP's 5-Year average Growth Rate for Operating Margin % was -4.90% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Celsia Colombia ESP's annualized ROC % for the quarter that ended in Dec. 2025 was 5.44%. Celsia Colombia ESP's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 13.56%.

Celsia Colombia ESP  (BOG:CSACOL) Operating Income Explanation

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

Celsia Colombia ESP'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: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=1007188.284 * ( 1 - 29.55% )/( (13217174.775 + 12875634)/ 2 )
=709564.146078/13046404.3875
=5.44 %

where

Invested Capital(Q: Sep. 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))
=13810007.405 - 2741300.766 - ( 358771.429 - max(0, 5074298.002 - 2925829.866+358771.429))
=13217174.775

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))
=13506623 - 1464933 - ( 159279 - max(0, 2809078 - 1975134+159279))
=12875634

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

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

Celsia Colombia ESP'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: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1425562.132/( ( (10177781.768 + max(-419184.223, 0)) + (10756478 + max(98242, 0)) )/ 2 )
=1425562.132/( ( 10177781.768 + 10854720 )/ 2 )
=1425562.132/10516250.884
=13.56 %

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)
=(1879956.147 + 126728.605 + 560373.685) - (2741300.766 + 0 + 244941.894)
=-419184.223

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1417307 + 112730 + 285818) - (1464933 + 0 + 252680)
=98242

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

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

Celsia Colombia ESP'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 )
=251797.071/1320651.473
=19.07 %

* 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.

Celsia Colombia ESP Operating Income Related Terms

Celsia Colombia ESP Operating Income Historical Data

* Premium members only.

The historical data trend for Celsia Colombia ESP'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.

Celsia Colombia ESP Operating Income Chart

Celsia Colombia ESP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 887,587.00 1,246,177.00 1,269,618.00 999,344.00 1,258,785.00

Celsia Colombia ESP 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 396,571.11 327,209.92 278,528.57 251,797.07 271,070.09
BOG:CSACOL
17GF Score
Celsia Colombia SA ESP BOG:CSACOL
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Celsia Colombia ESP 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 quarterly data reported by the company within the most recent 12 months, which was COP1,128,606 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 COP1,128,606 Mil mean?
Celsia Colombia ESP (BOG:CSACOL) has a Operating Income of COP1,128,606 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Celsia Colombia ESP and its competitors.
Is Celsia Colombia ESP's Operating Income too high?
Celsia Colombia ESP's current Operating Income is COP1,128,606 Mil. Overall, Celsia Colombia ESP has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Celsia Colombia ESP's Operating Income compare to BE?
Celsia Colombia ESP's Operating Income of COP1,128,606 Mil can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Operating Income depends on the Utilities - Independent Power Producers 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 Celsia Colombia ESP and its competitors. Celsia Colombia ESP's current Operating Income is COP1,128,606 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Celsia Colombia ESP stock overvalued right now?
Celsia Colombia ESP (BOG:CSACOL) has a current Operating Income of COP1,128,606 Mil. The stock's GF Value™ is COP25,497.79, compared to a current price of COP18,905.00 — trading 25.9% below its estimated fair value. The current Operating Income is COP1,128,606 Mil. Celsia Colombia ESP's overall GF Score™ is 17/100 with 9 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 Celsia Colombia ESP (BOG:CSACOL), the current Operating Income is COP1,128,606 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 Celsia Colombia ESP (BOG:CSACOL) Overvalued in 2026?

Based on GuruFocus' analysis, Celsia Colombia ESP stock appears to be undervalued. The current stock price of COP18,905.00 is trading 25.9% below its estimated GF Value™ of COP25,497.79.

Key valuation signals for BOG:CSACOL:

  • Operating Income: COP1,128,606 Mil
  • GF Value™: COP25,497.79 vs. price of COP18,905.00 (25.9% below fair value)
  • GF Score™: 17/100 with 9 warning signs

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

Celsia Colombia ESP Business Description

Address Calle 15 No. 29B 30 Autopista, Valle del Cauca, Cali, Yumbo, COL
Celsia Colombia SA ESP is engaged in the generation of hydroelectric energy. The company engages in generation, transmission, distribution, and sale of electricity. Its power generation plants include Run-of-the-river that uses river's flow to generate electricity; and Reservoir that generates energy through stored water. The company's produced electricity is sold to wholesale markets (energy market), regulated market (small consumers) and non-regulated market (large consumers). Revenue for the company is derived from the production and sale of electricity.
17GF Score

Get the complete analysis for BOG:CSACOL

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

COP18,905.00
Price
COP25,497.79
GF Value