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Azzas 2154's Operating Income for the
three
months ended in Jun. 2026 was R$118 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was R$794 Mil.
Warning Sign:
Azzas 2154 SA 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. Azzas 2154's Operating Income for the
three
months ended in Jun. 2026 was R$118 Mil. Azzas 2154's Revenue for the
three
months ended in Jun. 2026 was R$2,664 Mil. Therefore, Azzas 2154's Operating Margin % for the quarter that ended in Jun. 2026 was 4.44%.
Warning Sign:
Azzas 2154 SA operating margin has been in a 5-year decline. The average rate of decline per year is -3.7%.
Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
Azzas 2154's annualizedROC % for the quarter that ended in Jun. 2026 was 0.00%.
Azzas 2154's annualizedROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 11.51%.
* 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.
Azzas 2154 Operating Income Related Terms
Azzas 2154 Operating Income Historical Data
* Premium members only.
The historical data trend for Azzas 2154'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.
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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$794 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.
Azzas 2154 (BSP:AZZA3) has a Operating Income of R$794 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Azzas 2154 and its competitors.
Is Azzas 2154's Operating Income too high?
Azzas 2154's current Operating Income is R$794 Mil. Overall, Azzas 2154 has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Azzas 2154's Operating Income compare to NKE and DECK?
Azzas 2154's Operating Income of R$794 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Operating Income depends on the Manufacturing - Apparel & Accessories 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 Azzas 2154 and its competitors. Azzas 2154's current Operating Income is R$794 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azzas 2154 stock overvalued right now?
Based on GuruFocus' analysis, Azzas 2154 (BSP:AZZA3) is currently considered Possible Value Trap. The stock's GF Value™ is R$39.06, compared to a current price of R$16.43 — trading 57.9% below its estimated fair value. The current Operating Income is R$794 Mil. Azzas 2154's overall GF Score™ is 76/100 with 8 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 Azzas 2154 (BSP:AZZA3), the current Operating Income is R$794 Mil as of Jun. 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 Azzas 2154 (BSP:AZZA3) Overvalued in 2026?
Based on GuruFocus' analysis, Azzas 2154 stock appears to be undervalued.
The current stock price of R$16.43 is trading 57.9% below its estimated GF Value™ of R$39.06.
GuruFocus considers Azzas 2154 to be Possible Value Trap.
Key valuation signals for BSP:AZZA3:
Operating Income: R$794 Mil
GF Value™: R$39.06 vs. price of R$16.43 (57.9% below fair value)
No single metric tells the full story. See the BSP:AZZA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Azzas 2154 SA, along with its subsidiaries, is engaged in the manufacturing, development, modeling and retail and wholesale trade of footwear, handbags, accessories and clothing for the women's, men's and democratic markets, particularly the women's market. The company also operates an online sales channel that makes available products of the brands Arezzo, Schutz, Anacapri, Alexandre Birman, Vans, Vicenza, Farm Rio, Animale, NV, Cris Barros, Maria Filó, Carol Bassi, Fábula, Off Premium, Reserva, Oficina, Foxton, Reserva Mini, Reserva Go, Reserva Ink, Hering, Hering Kids, Hering Sports, Hering Shoes and Hering Intimates. The majority of the company's revenue is derived from the sales of its products.
76GF Score
Get the complete analysis for BSP:AZZA3
Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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