Comcm Constanta (BSE:CMCM) Operating Income: lei-1.54 Mil (TTM As of Dec. 2025)

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BSE:CMCM Comcm SA Constanta BSE:CMCM
39 GF Score
Price lei0.32
GF Value lei0.08
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Comcm Constanta Operating Income?

Comcm Constanta BSE:CMCM +2.56% 39 Operating Income is lei-1.54 Mil as of Dec. 2025. GuruFocus rates BSE:CMCM with a GF Score™ of 39/100 and a GF Value™ of lei0.08 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Comcm Constanta's Operating Income for the six months ended in Dec. 2025 was lei-1.54 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was lei-1.54 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Comcm Constanta's Operating Income for the six months ended in Dec. 2025 was lei-1.54 Mil. Comcm Constanta's Revenue for the six months ended in Dec. 2025 was lei0.38 Mil. Therefore, Comcm Constanta's Operating Margin % for the quarter that ended in Dec. 2025 was -408.51%.

Comcm Constanta'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. Comcm Constanta's annualized ROC % for the quarter that ended in Dec. 2025 was -1.90%. Comcm Constanta's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -0.54%.


Comcm Constanta  (BSE:CMCM) Operating Income Explanation

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

Comcm Constanta'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: Dec. 2024 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-1.536 * ( 1 - 0% )/( (80.276 + 81.654)/ 2 )
=-1.536/80.965
=-1.90 %

where

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

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

Comcm Constanta'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: Dec. 2024  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.352/( ( (60.886 + max(3.475, 0)) + (62.452 + max(3.44, 0)) )/ 2 )
=-0.352/( ( 64.361 + 65.892 )/ 2 )
=-0.352/65.1265
=-0.54 %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.03 + 0.646 + 0.011000000000001) - (0.212 + 0 + 0)
=3.475

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.872 + 0.598 + 0.0099999999999998) - (0.029 + 0 + 0.011)
=3.44

When net working capital is negative, 0 is used.

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

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

Comcm Constanta'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 )
=-1.536/0.376
=-408.51 %

* 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.


Comcm Constanta Operating Income Related Terms


Comcm Constanta Operating Income Historical Data

* Premium members only.

The historical data trend for Comcm Constanta'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.

Comcm Constanta Operating Income Chart

Comcm Constanta 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 -4.51 -2.13 35.81 4.89 -1.54

Comcm Constanta Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 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 -4.51 -2.13 35.81 4.89 -1.54
BSE:CMCM
39GF Score
Comcm SA Constanta BSE:CMCM
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Comcm Constanta 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was lei-1.54 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 lei-1.54 Mil mean?
Comcm Constanta (BSE:CMCM) has a Operating Income of lei-1.54 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Comcm Constanta and its competitors.
Is Comcm Constanta's Operating Income too high?
Comcm Constanta's current Operating Income is lei-1.54 Mil. Overall, Comcm Constanta has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Comcm Constanta's Operating Income compare to PWR and FIX?
Comcm Constanta's Operating Income of lei-1.54 Mil can be compared against companies in the Construction 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 Construction company?
A good Operating Income depends on the Construction 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 Comcm Constanta and its competitors. Comcm Constanta's current Operating Income is lei-1.54 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comcm Constanta stock overvalued right now?
Based on GuruFocus' analysis, Comcm Constanta (BSE:CMCM) is currently considered Significantly Overvalued. The stock's GF Value™ is lei0.08, compared to a current price of lei0.32 — trading 300% above its estimated fair value. The current Operating Income is lei-1.54 Mil. Comcm Constanta's overall GF Score™ is 39/100 with 4 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 Comcm Constanta (BSE:CMCM), the current Operating Income is lei-1.54 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 Comcm Constanta (BSE:CMCM) Overvalued in 2026?

Based on GuruFocus' analysis, Comcm Constanta stock appears to be overvalued. The current stock price of lei0.32 is trading 300% above its estimated GF Value™ of lei0.08. GuruFocus considers Comcm Constanta to be Significantly Overvalued.

Key valuation signals for BSE:CMCM:

  • Operating Income: lei-1.54 Mil
  • GF Value™: lei0.08 vs. price of lei0.32 (300% above fair value)
  • GF Score™: 39/100 with 4 warning signs

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


Comcm Constanta Business Description

Address Bulevardul Aurel Vlaicu 144, Constanta, ROU, 900498
Comcm SA Constanta is engaged in the manufacture of concrete, and as auxiliary activities: industrial production for constructions, civil constructions of quarry products, rebars, and prefabricated products. As civil engineering and industrial construction activities. Its main activity is the rental of machinery, but also the extraction and sorting of sand.
39GF Score

Get the complete analysis for BSE:CMCM

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

lei0.32
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lei0.08
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