Masterplast Nyrt (BUD:MASTERPLAST) Operating Income: Ft-407 Mil (TTM As of Mar. 2026)


BUD:MASTERPLAST Masterplast Nyrt BUD:MASTERPLAST
45 GF Score
Price Ft2,680.00
GF Value Ft3,534.88
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Masterplast Nyrt Operating Income?

Masterplast Nyrt BUD:MASTERPLAST 45 Operating Income is Ft-407 Mil as of Mar. 2026. GuruFocus rates BUD:MASTERPLAST with a GF Score™ of 45/100 and a GF Value™ of Ft3,534.88 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Masterplast Nyrt's Operating Income for the three months ended in Mar. 2026 was Ft1,235 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was Ft-407 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Masterplast Nyrt's Operating Income for the three months ended in Mar. 2026 was Ft1,235 Mil. Masterplast Nyrt's Revenue for the three months ended in Mar. 2026 was Ft20,479 Mil. Therefore, Masterplast Nyrt's Operating Margin % for the quarter that ended in Mar. 2026 was 6.03%.

Masterplast Nyrt'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. Masterplast Nyrt's annualized ROC % for the quarter that ended in Mar. 2026 was 7.55%. Masterplast Nyrt's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.26%.


Masterplast Nyrt  (BUD:MASTERPLAST) Operating Income Explanation

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

Masterplast Nyrt'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 )
=4939.156 * ( 1 - 11.26% )/( (56744.016 + 59365.121)/ 2 )
=4383.0070344/58054.5685
=7.55 %

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))
=70924.692 - 10337.916 - ( 3842.76 - max(0, 22942.399 - 30339.63+3842.76))
=56744.016

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))
=70829.902 - 10230.348 - ( 1234.433 - max(0, 22961.661 - 31654.051+1234.433))
=59365.121

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

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

Masterplast Nyrt'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 )
=4137.364/( ( (35807.352 + max(12752.24, 0)) + (34728.541 + max(16870.818, 0)) )/ 2 )
=4137.364/( ( 48559.592 + 51599.359 )/ 2 )
=4137.364/50079.4755
=8.26 %

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)
=(7087.267 + 14346.495 + 4777.349) - (10337.916 + 0 + 3120.955)
=12752.24

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8634.252 + 16366.131 + 5386.421) - (10230.348 + 0 + 3285.638)
=16870.818

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 %:

Masterplast Nyrt'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 )
=1234.789/20478.529
=6.03 %

* 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.


Masterplast Nyrt Operating Income Related Terms


Masterplast Nyrt Operating Income Historical Data

* Premium members only.

The historical data trend for Masterplast Nyrt'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.

Masterplast Nyrt Operating Income Chart

Masterplast Nyrt 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 7,778.51 3,474.43 -2,590.28 -1,848.53 3,151.30

Masterplast Nyrt 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 -278.17 -291.08 539.91 -1,890.13 1,234.79
BUD:MASTERPLAST
45GF Score
Masterplast Nyrt BUD:MASTERPLAST
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Masterplast Nyrt 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 Ft-407 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 Ft-407 Mil mean?
Masterplast Nyrt (BUD:MASTERPLAST) has a Operating Income of Ft-407 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Masterplast Nyrt and its competitors.
Is Masterplast Nyrt's Operating Income too high?
Masterplast Nyrt's current Operating Income is Ft-407 Mil. Overall, Masterplast Nyrt has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Masterplast Nyrt's Operating Income compare to TT and JCI?
Masterplast Nyrt's Operating Income of Ft-407 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 Masterplast Nyrt and its competitors. Masterplast Nyrt's current Operating Income is Ft-407 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Masterplast Nyrt stock overvalued right now?
Based on GuruFocus' analysis, Masterplast Nyrt (BUD:MASTERPLAST) is currently considered Modestly Undervalued. The stock's GF Value™ is Ft3,534.88, compared to a current price of Ft2,680.00 — trading 24.2% below its estimated fair value. The current Operating Income is Ft-407 Mil. Masterplast Nyrt's overall GF Score™ is 45/100 with 4 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 Masterplast Nyrt (BUD:MASTERPLAST), the current Operating Income is Ft-407 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 Masterplast Nyrt (BUD:MASTERPLAST) Overvalued in 2026?

Based on GuruFocus' analysis, Masterplast Nyrt stock appears to be undervalued. The current stock price of Ft2,680.00 is trading 24.2% below its estimated GF Value™ of Ft3,534.88. GuruFocus considers Masterplast Nyrt to be Modestly Undervalued.

Key valuation signals for BUD:MASTERPLAST:

  • Operating Income: Ft-407 Mil
  • GF Value™: Ft3,534.88 vs. price of Ft2,680.00 (24.2% below fair value)
  • GF Score™: 45/100 with 4 warning signs

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


Masterplast Nyrt Business Description

Address Arpad utca 1/a, Sarszentmihaly, HUN, 8143
Masterplast Nyrt is engaged in the production and distribution of insulation building materials, pitched roof insulation and dry construction system components. The company divides its activities into two segments: Sales and Manufacturing. It generates maximum revenue from the Sales segment. The Manufacturing segment supplies glass fibre, roofing membrane, plasterboard profiles, mesh edge protectors, isofoam, EPS, XPS and healthcare textiles to the Sales segment. Its product categories include Facade thermal insulation system, Roofing membranes and roof components, Dry construction systems, Thermal, acoustic and waterproofing materials, Construction accessories, and industrial applications.
45GF Score

Get the complete analysis for BUD:MASTERPLAST

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

Ft2,680.00
Price
Ft3,534.88
GF Value