Organe De Asamblare Brasov (BSE:ORAS) Operating Income: lei-4.39 Mil (TTM As of Sep. 2023)

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BSE:ORAS Organe De Asamblare SA Brasov BSE:ORAS
8 GF Score
Price lei0.29
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What is Organe De Asamblare Brasov Operating Income?

Organe De Asamblare Brasov BSE:ORAS 8 Operating Income is lei-4.39 Mil as of Sep. 2023. GuruFocus rates BSE:ORAS with a GF Score™ of 8/100.

Organe De Asamblare Brasov's Operating Income for the three months ended in Sep. 2023 was lei-8.37 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2023 was lei-4.39 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Organe De Asamblare Brasov's Operating Income for the three months ended in Sep. 2023 was lei-8.37 Mil. Organe De Asamblare Brasov's Revenue for the three months ended in Sep. 2023 was lei0.06 Mil. Therefore, Organe De Asamblare Brasov's Operating Margin % for the quarter that ended in Sep. 2023 was -14,953.57%.

Organe De Asamblare Brasov'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. Organe De Asamblare Brasov's annualized ROC % for the quarter that ended in Sep. 2023 was -2,860.46%. Organe De Asamblare Brasov's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 169.91%.

Organe De Asamblare Brasov  (BSE:ORAS) Operating Income Explanation

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

Organe De Asamblare Brasov's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=-33.496 * ( 1 - 0% )/( (1.06 + 1.282)/ 2 )
=-33.496/1.171
=-2,860.46 %

where

Invested Capital(Q: Jun. 2023 )
=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))
=0.532 - 0.224 - ( 0.04 - max(0, 1.26 - 0.508+0.04))
=1.06

Invested Capital(Q: Sep. 2023 )
=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))
=0.68 - 0 - ( 0.026 - max(0, 1.273 - 0.671+0.026))
=1.282

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

Organe De Asamblare Brasov's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.576/( ( (0.024 + max(-0.794, 0)) + (0.009 + max(0.645, 0)) )/ 2 )
=0.576/( ( 0.024 + 0.654 )/ 2 )
=0.576/0.339
=169.91 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.349 + 0 + 0.117) - (0.224 + 0 + 1.036)
=-0.794

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.594 + 0 + 0.051) - (0 + 0 + 0)
=0.645

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

Organe De Asamblare Brasov's Operating Margin % for the quarter that ended in Sep. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2023 )/Revenue (Q: Sep. 2023 )
=-8.374/0.056
=-14,953.57 %

* 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.

Organe De Asamblare Brasov Operating Income Related Terms

Organe De Asamblare Brasov Operating Income Historical Data

* Premium members only.

The historical data trend for Organe De Asamblare Brasov'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.

Organe De Asamblare Brasov Operating Income Chart

Organe De Asamblare Brasov Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Operating Income
Get a 7-Day Free Trial 0.90 0.76 -0.22 -0.59 -1.27

Organe De Asamblare Brasov Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -1.70 0.91 -0.55 3.63 -8.37
BSE:ORAS
8GF Score
Organe De Asamblare SA Brasov BSE:ORAS
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Organe De Asamblare Brasov 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was lei-4.39 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-4.39 Mil mean?
Organe De Asamblare Brasov (BSE:ORAS) has a Operating Income of lei-4.39 Mil as of Sep. 2023. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Organe De Asamblare Brasov and its competitors.
Is Organe De Asamblare Brasov's Operating Income too high?
Organe De Asamblare Brasov's current Operating Income is lei-4.39 Mil. Overall, Organe De Asamblare Brasov has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Organe De Asamblare Brasov's Operating Income compare to SWK and SNA?
Organe De Asamblare Brasov's Operating Income of lei-4.39 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Operating Income depends on the Industrial Products 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 Organe De Asamblare Brasov and its competitors. Organe De Asamblare Brasov's current Operating Income is lei-4.39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Organe De Asamblare Brasov stock overvalued right now?
Organe De Asamblare Brasov (BSE:ORAS) has a current Operating Income of lei-4.39 Mil. The current Operating Income is lei-4.39 Mil. Organe De Asamblare Brasov's overall GF Score™ is 8/100. 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 Organe De Asamblare Brasov (BSE:ORAS), the current Operating Income is lei-4.39 Mil as of Sep. 2023. 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.

Organe De Asamblare Brasov Business Description

Address 113 Zizinului street, Brasov, ROU, 500407
Organe De Asamblare SA Brasov manufactures and sells fasteners in Romania. It offers bolts, screws, nuts, and rivets. The company also provides heat treatment improvement, zinc protection covering, and threading-tapping services. It serves automotive, machine-tools, railway, building, mining, wood processing, and metal construction industries.
8GF Score

Get the complete analysis for BSE:ORAS

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

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