Asmodee Group AB (CHIX:ASMDES) Operating Income: kr1,844 Mil (TTM As of Mar. 2026)


CHIX:ASMDES Asmodee Group AB CHIX:ASMDES
21 GF Score
Price kr142.25
! 7 Warning Signs
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What is Asmodee Group AB Operating Income?

Asmodee Group AB CHIX:ASMDES 21 Operating Income is kr1,844 Mil as of Mar. 2026. GuruFocus rates CHIX:ASMDES with a GF Score™ of 21/100. The stock has 7 warning signs investors should review.

Asmodee Group AB's Operating Income for the three months ended in Mar. 2026 was kr72 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was kr1,844 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Asmodee Group AB's Operating Income for the three months ended in Mar. 2026 was kr72 Mil. Asmodee Group AB's Revenue for the three months ended in Mar. 2026 was kr4,385 Mil. Therefore, Asmodee Group AB's Operating Margin % for the quarter that ended in Mar. 2026 was 1.65%.

Asmodee Group AB'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. Asmodee Group AB's annualized ROC % for the quarter that ended in Mar. 2026 was 0.99%. Asmodee Group AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -6.88%.


Asmodee Group AB  (CHIX:ASMDEs) Operating Income Explanation

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

Asmodee Group AB'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 )
=288.584 * ( 1 - 0% )/( (29686.627 + 28418.408)/ 2 )
=288.584/29052.5175
=0.99 %

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))
=35648.07 - 2433.961 - ( 3527.482 - max(0, 5541.015 - 10195.372+3527.482))
=29686.627

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))
=35256.651 - 2891.628 - ( 3946.615 - max(0, 5470.887 - 10294.224+3946.615))
=28418.408

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

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

Asmodee Group AB'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 )
=-134.168/( ( (736.406 + max(1354.74, 0)) + (752.657 + max(1055.633, 0)) )/ 2 )
=-134.168/( ( 2091.146 + 1808.29 )/ 2 )
=-134.168/1949.718
=-6.88 %

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)
=(3099.078 + 2761.149 + 807.663) - (2433.961 + 0 + 2879.189)
=1354.74

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2230.344 + 2678.194 + 1376.597) - (2891.628 + 0 + 2337.874)
=1055.633

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 %:

Asmodee Group AB'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 )
=72.146/4384.771
=1.65 %

* 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.


Asmodee Group AB Operating Income Related Terms


Asmodee Group AB Operating Income Historical Data

* Premium members only.

The historical data trend for Asmodee Group AB'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.

Asmodee Group AB Operating Income Chart

Asmodee Group AB Annual Data
Trend Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
0.00 813.98 -7,946.55 1,285.64 1,886.23

Asmodee Group AB Quarterly Data
Mar22 Mar23 Sep23 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 338.71 167.00 599.18 1,006.06 72.15
CHIX:ASMDES
21GF Score
Asmodee Group AB CHIX:ASMDES
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Asmodee Group AB 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 kr1,844 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 kr1,844 Mil mean?
Asmodee Group AB (CHIX:ASMDES) has a Operating Income of kr1,844 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Asmodee Group AB and its competitors.
Is Asmodee Group AB's Operating Income too high?
Asmodee Group AB's current Operating Income is kr1,844 Mil. Overall, Asmodee Group AB has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Asmodee Group AB's Operating Income compare to AS and HAS?
Asmodee Group AB's Operating Income of kr1,844 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Operating Income depends on the Travel & Leisure 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 Asmodee Group AB and its competitors. Asmodee Group AB's current Operating Income is kr1,844 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asmodee Group AB stock overvalued right now?
Asmodee Group AB (CHIX:ASMDES) has a current Operating Income of kr1,844 Mil. The current Operating Income is kr1,844 Mil. Asmodee Group AB's overall GF Score™ is 21/100 with 7 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 Asmodee Group AB (CHIX:ASMDES), the current Operating Income is kr1,844 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.

Asmodee Group AB Business Description

Other Exchanges ASMDEE B:Sweden2EX:Germany
Address Tullhusgatan 1B, Karlstad, SWE, 652 09
Asmodee Group AB is an entertainment company specializing in tabletop games, miniatures board games, card games, and others to bring people together through great games and amazing stories. The company operates in Sweden, France, Germany, the USA, the UK, Other American and European countries, with the majority of revenue from France.
21GF Score

Get the complete analysis for CHIX:ASMDES

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

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