Transport Trade Services (BSE:TTS) Operating Income: lei27.6 Mil (TTM As of Mar. 2026)

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BSE:TTS Transport Trade Services BSE:TTS
88 GF Score
Price lei6.60
GF Value lei5.13
Valuation Modestly Overvalued
! 11 Warning Signs
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What is Transport Trade Services Operating Income?

Transport Trade Services BSE:TTS -2.94% 88 Operating Income is lei27.6 Mil as of Mar. 2026. GuruFocus rates BSE:TTS with a GF Score™ of 88/100 and a GF Value™ of lei5.13 (Modestly Overvalued). The stock has 11 warning signs investors should review.

Transport Trade Services's Operating Income for the three months ended in Mar. 2026 was lei-1.0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was lei27.6 Mil.

Warning Sign:

Transport Trade Services 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. Transport Trade Services's Operating Income for the three months ended in Mar. 2026 was lei-1.0 Mil. Transport Trade Services's Revenue for the three months ended in Mar. 2026 was lei158.0 Mil. Therefore, Transport Trade Services's Operating Margin % for the quarter that ended in Mar. 2026 was -0.62%.

Warning Sign:

Transport Trade Services operating margin has been in a 5-year decline. The average rate of decline per year is -24.8%.

Transport Trade Services's 5-Year average Growth Rate for Operating Margin % was -24.80% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Transport Trade Services's annualized ROC % for the quarter that ended in Mar. 2026 was -0.32%. Transport Trade Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.65%.


Transport Trade Services  (BSE:TTS) Operating Income Explanation

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

Transport Trade Services's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-3.896 * ( 1 - 0% )/( (1203.115 + 1217.323)/ 2 )
=-3.896/1210.219
=-0.32 %

where

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))
=1330.135 - 46.783 - ( 80.237 - max(0, 121.915 - 206.039+80.237))
=1203.115

Invested Capital(Q: Mar. 2026 )
=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))
=1341.582 - 35.902 - ( 95.268 - max(0, 123.325 - 211.682+95.268))
=1217.323

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Transport Trade Services's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=7.376/( ( (1077.547 + max(53.403, 0)) + (1084.332 + max(51.842, 0)) )/ 2 )
=7.376/( ( 1130.95 + 1136.174 )/ 2 )
=7.376/1133.562
=0.65 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(62.774 + 26.466 + 32.706) - (46.783 + 0 + 21.76)
=53.403

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(63.613 + 26.491 + 25.387) - (35.902 + 0 + 27.747)
=51.842

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

Transport Trade Services's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-0.974/158.02
=-0.62 %

* 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.


Transport Trade Services Operating Income Related Terms


Transport Trade Services Operating Income Historical Data

* Premium members only.

The historical data trend for Transport Trade Services'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.

Transport Trade Services Operating Income Chart

Transport Trade Services Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial 66.78 220.76 353.47 33.69 14.35

Transport Trade Services 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 -14.19 -3.19 30.97 0.77 -0.97
BSE:TTS
88GF Score
Transport Trade Services BSE:TTS
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Transport Trade Services 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was lei27.6 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 lei27.6 Mil mean?
Transport Trade Services (BSE:TTS) has a Operating Income of lei27.6 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Transport Trade Services and its competitors.
Is Transport Trade Services' Operating Income too high?
Transport Trade Services' current Operating Income is lei27.6 Mil. Overall, Transport Trade Services has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Transport Trade Services' Operating Income compare to UPS and FDX?
Transport Trade Services' Operating Income of lei27.6 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Operating Income depends on the Transportation 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 Transport Trade Services and its competitors. Transport Trade Services's current Operating Income is lei27.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transport Trade Services stock overvalued right now?
Based on GuruFocus' analysis, Transport Trade Services (BSE:TTS) is currently considered Modestly Overvalued. The stock's GF Value™ is lei5.13, compared to a current price of lei6.60 — trading 28.7% above its estimated fair value. The current Operating Income is lei27.6 Mil. Transport Trade Services' overall GF Score™ is 88/100 with 11 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 Transport Trade Services (BSE:TTS), the current Operating Income is lei27.6 Mil as of Mar. 2026. 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 Transport Trade Services (BSE:TTS) Overvalued in 2026?

Based on GuruFocus' analysis, Transport Trade Services stock appears to be overvalued. The current stock price of lei6.60 is trading 28.7% above its estimated GF Value™ of lei5.13. GuruFocus considers Transport Trade Services to be Modestly Overvalued.

Key valuation signals for BSE:TTS:

  • Operating Income: lei27.6 Mil
  • GF Value™: lei5.13 vs. price of lei6.60 (28.7% above fair value)
  • GF Score™: 88/100 with 11 warning signs

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


Transport Trade Services Business Description

Address 27, Vaselor Street, sector 2, Bucharest, ROU, 021253
Transport Trade Services is engaged in the provision of transport services. The company operates as a sender of goods in domestic and international transport, on interior riverways, offering integrated/modular transport services. The main freight transported and operated in the ports by the company are mineral products (raw materials for the steel industry and rolled products), agricultural products (cereals, oilseeds and feed) and chemical products (phosphate rock and finished products of the chemical fertilizer industry). It operates in three main business segments: Forwarding, River Transport, Port Operationsa and Others. The majority of the company's revenue is derived from the Forwarding segment.
88GF Score

Get the complete analysis for BSE:TTS

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

lei6.60
Price
lei5.13
GF Value