Kepler Weber (BSP:KEPL3) Operating Income: R$175 Mil (TTM As of Mar. 2026)

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BSP:KEPL3 Kepler Weber SA BSP:KEPL3
70 GF Score
Price R$6.36
GF Value R$9.36
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Kepler Weber Operating Income?

Kepler Weber BSP:KEPL3 +0.47% 70 Operating Income is R$175 Mil as of Mar. 2026. GuruFocus rates BSP:KEPL3 with a GF Score™ of 70/100 and a GF Value™ of R$9.36 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Kepler Weber's Operating Income for the three months ended in Mar. 2026 was R$22 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was R$175 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Kepler Weber's Operating Income for the three months ended in Mar. 2026 was R$22 Mil. Kepler Weber's Revenue for the three months ended in Mar. 2026 was R$318 Mil. Therefore, Kepler Weber's Operating Margin % for the quarter that ended in Mar. 2026 was 6.86%.

Good Sign:

Kepler Weber SA operating margin is expanding. Margin expansion is usually a good sign.

Kepler Weber's 5-Year average Growth Rate for Operating Margin % was 1.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kepler Weber's annualized ROC % for the quarter that ended in Mar. 2026 was 6.01%. Kepler Weber's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.93%.


Kepler Weber  (BSP:KEPL3) Operating Income Explanation

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

Kepler Weber'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 )
=87.308 * ( 1 - 28.12% )/( (1091.1 + 998.568)/ 2 )
=62.7569904/1044.834
=6.01 %

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))
=1512.406 - 104.875 - ( 316.431 - max(0, 504.84 - 987.373+316.431))
=1091.1

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))
=1516.654 - 142.327 - ( 375.759 - max(0, 494.789 - 1002.178+375.759))
=998.568

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

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

Kepler Weber'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 )
=98.168/( ( (293.116 + max(303.189, 0)) + (288.913 + max(274.468, 0)) )/ 2 )
=98.168/( ( 596.305 + 563.381 )/ 2 )
=98.168/579.843
=16.93 %

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)
=(258.235 + 278.415 + 134.292) - (104.875 + 0 + 262.878)
=303.189

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(236.53 + 265.488 + 124.401) - (142.327 + 0 + 209.624)
=274.468

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 %:

Kepler Weber'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 )
=21.827/318.059
=6.86 %

* 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.


Kepler Weber Operating Income Related Terms


Kepler Weber Operating Income Historical Data

* Premium members only.

The historical data trend for Kepler Weber'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.

Kepler Weber Operating Income Chart

Kepler Weber 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 202.07 518.47 306.26 289.14 197.39

Kepler Weber 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 44.11 28.37 67.78 56.78 21.83
BSP:KEPL3
70GF Score
Kepler Weber SA BSP:KEPL3
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kepler Weber 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 R$175 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 R$175 Mil mean?
Kepler Weber (BSP:KEPL3) has a Operating Income of R$175 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Kepler Weber and its competitors.
Is Kepler Weber's Operating Income too high?
Kepler Weber's current Operating Income is R$175 Mil. Overall, Kepler Weber has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kepler Weber's Operating Income compare to CAT and DE?
Kepler Weber's Operating Income of R$175 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Operating Income depends on the Farm & Heavy Construction Machinery 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 Kepler Weber and its competitors. Kepler Weber's current Operating Income is R$175 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kepler Weber stock overvalued right now?
Based on GuruFocus' analysis, Kepler Weber (BSP:KEPL3) is currently considered Significantly Undervalued. The stock's GF Value™ is R$9.36, compared to a current price of R$6.36 — trading 32.1% below its estimated fair value. The current Operating Income is R$175 Mil. Kepler Weber's overall GF Score™ is 70/100 with 5 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 Kepler Weber (BSP:KEPL3), the current Operating Income is R$175 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 Kepler Weber (BSP:KEPL3) Overvalued in 2026?

Based on GuruFocus' analysis, Kepler Weber stock appears to be undervalued. The current stock price of R$6.36 is trading 32.1% below its estimated GF Value™ of R$9.36. GuruFocus considers Kepler Weber to be Significantly Undervalued.

Key valuation signals for BSP:KEPL3:

  • Operating Income: R$175 Mil
  • GF Value™: R$9.36 vs. price of R$6.36 (32.1% below fair value)
  • GF Score™: 70/100 with 5 warning signs

No single metric tells the full story. See the BSP:KEPL3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kepler Weber Business Description

Address Rua Dom Pedro Ii, 1351, conj.401, Porto Alegre, RS, BRA, 90550143
Kepler Weber SA manufactures equipment for the storage, processing and bulk handling as well as develops storage solutions. It offers steel silos, grain dryers, grain cleaning and pre-cleaning machines, grain conveyors, horizontal and vertical conveyors, and farm lines, as well as special storage systems, such as port terminals and malt storage systems.
70GF Score

Get the complete analysis for BSP:KEPL3

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

R$6.36
Price
R$9.36
GF Value