Electroconstructia ELCO (BSE:ELEL) Operating Income: lei Mil (TTM As of . 20)

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BSE:ELEL Electroconstructia ELCO SA BSE:ELEL
23 GF Score
Price lei2.00
! 1 Warning Sign
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What is Electroconstructia ELCO Operating Income?

Electroconstructia ELCO BSE:ELEL 23 Operating Income is lei Mil as of . 20. GuruFocus rates BSE:ELEL with a GF Score™ of 23/100. The stock has 1 warning sign investors should review.

Electroconstructia ELCO's Operating Income for the six months ended in . 20 was lei0.00 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Electroconstructia ELCO's Operating Income for the six months ended in . 20 was lei0.00 Mil. Electroconstructia ELCO's Revenue for the six months ended in . 20 was lei0.00 Mil. Therefore, Electroconstructia ELCO's Operating Margin % for the quarter that ended in . 20 was %.

Electroconstructia ELCO'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.

Electroconstructia ELCO  (BSE:ELEL) Operating Income Explanation

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

Electroconstructia ELCO's annualized ROC % for the quarter that ended in . 20 is calculated as:

ROC % (Q: . 20 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: . 20 ) + Invested Capital (Q: . 20 ))/ count )
= * ( 1 - % )/( ( + )/ )
=/
= %

where

Invested Capital(Q: . 20 )
=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))
= - - ( - max(0, - +))
=

Invested Capital(Q: . 20 )
=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))
= - - ( - max(0, - +))
=

Note: The Operating Income data used here is one times the annual (. 20) data.

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

Electroconstructia ELCO's annualized ROC (Joel Greenblatt) % for the quarter that ended in . 20 is calculated as:

ROC (Joel Greenblatt) %(Q: . 20 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: . 20  Q: . 20
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=/( ( ( + max(, 0)) + ( + max(, 0)) )/ )
=/( ( + )/ )
=/
= %

where Working Capital is:

Working Capital(Q: . 20 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=( + + ) - ( + + )
=

Working Capital(Q: . 20 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=( + + ) - ( + + )
=

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (. 20) EBIT data.

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

Electroconstructia ELCO's Operating Margin % for the quarter that ended in . 20 is calculated as:

Operating Margin %=Operating Income (Q: . 20 )/Revenue (Q: . 20 )
=/
= %

* 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.

Electroconstructia ELCO Operating Income Related Terms

Electroconstructia ELCO Operating Income Historical Data

* Premium members only.

The historical data trend for Electroconstructia ELCO'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.

Electroconstructia ELCO Operating Income Chart

Electroconstructia ELCO Annual Data
Trend
Operating Income

Electroconstructia ELCO Semi-Annual Data
Operating Income
BSE:ELEL
23GF Score
Electroconstructia ELCO SA BSE:ELEL
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Electroconstructia ELCO 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 . 20 was lei 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 Mil mean?
Electroconstructia ELCO (BSE:ELEL) has a Operating Income of lei Mil as of . 20. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Electroconstructia ELCO and its competitors.
Is Electroconstructia ELCO's Operating Income too high?
Electroconstructia ELCO's current Operating Income is lei Mil. Overall, Electroconstructia ELCO has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Electroconstructia ELCO's Operating Income compare to ?
Electroconstructia ELCO's Operating Income of lei 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 Electroconstructia ELCO and its competitors. Electroconstructia ELCO's current Operating Income is lei Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electroconstructia ELCO stock overvalued right now?
Electroconstructia ELCO (BSE:ELEL) has a current Operating Income of lei Mil. The current Operating Income is lei Mil. Electroconstructia ELCO's overall GF Score™ is 23/100 with 1 warning sign 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 Electroconstructia ELCO (BSE:ELEL), the current Operating Income is lei Mil as of . 20. 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.

Electroconstructia ELCO Business Description

Comparable Companies
Address Strada Ion Arion, Nr. 62, Alba, Alba Iulia, ROU
Electroconstructia ELCO SA is engaged in construction and assembly of installations for transmission and distribution of electricity, realization of small hydropower plants and hydroelectric low power.
23GF Score

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

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