Baltic Classifieds Group (CHIX:BCGL) Operating Income: £52.59 Mil (TTM As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CHIX:BCGL Baltic Classifieds Group PLC CHIX:BCGL
76 GF Score
Price £1.80
GF Value £3.33
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Baltic Classifieds Group Operating Income?

Baltic Classifieds Group CHIX:BCGL +2.74% 76 Operating Income is £52.59 Mil as of Apr. 2026. GuruFocus rates CHIX:BCGL with a GF Score™ of 76/100 and a GF Value™ of £3.33 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Baltic Classifieds Group's Operating Income for the six months ended in Apr. 2026 was £25.48 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was £52.59 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Baltic Classifieds Group's Operating Income for the six months ended in Apr. 2026 was £25.48 Mil. Baltic Classifieds Group's Revenue for the six months ended in Apr. 2026 was £37.93 Mil. Therefore, Baltic Classifieds Group's Operating Margin % for the quarter that ended in Apr. 2026 was 67.19%.

Good Sign:

Baltic Classifieds Group PLC operating margin is expanding. Margin expansion is usually a good sign.

Baltic Classifieds Group's 5-Year average Growth Rate for Operating Margin % was 18.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Baltic Classifieds Group's annualized ROC % for the quarter that ended in Apr. 2026 was 13.64%. Baltic Classifieds Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 2,329.51%.

Baltic Classifieds Group  (CHIX:BCGl) Operating Income Explanation

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

Baltic Classifieds Group's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2025 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=50.968 * ( 1 - 12.69% )/( (334.405 + 318.295)/ 2 )
=44.5001608/326.35
=13.64 %

where

Invested Capital(Q: Oct. 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))
=336.942 - 3.126 - ( 19.528 - max(0, 24.69 - 24.101+19.528))
=334.405

Invested Capital(Q: Apr. 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))
=339.67 - 8.481 - ( 26.734 - max(0, 18.32 - 31.214+26.734))
=318.295

Note: The Operating Income data used here is two times the semi-annual (Apr. 2026) data.

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

Baltic Classifieds Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2025  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=50.632/( ( (2.201 + max(-7.171, 0)) + (2.146 + max(-13.587, 0)) )/ 2 )
=50.632/( ( 2.201 + 2.146 )/ 2 )
=50.632/2.1735
=2,329.51 %

where Working Capital is:

Working Capital(Q: Oct. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.912 + 0 + 0.442) - (3.126 + 0 + 8.399)
=-7.171

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.923 + 0 + 0.264) - (8.481 + 0 + 9.293)
=-13.587

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Apr. 2026) EBIT data.

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

Baltic Classifieds Group's Operating Margin % for the quarter that ended in Apr. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=25.484/37.929
=67.19 %

* 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.

Baltic Classifieds Group Operating Income Related Terms

Baltic Classifieds Group Operating Income Historical Data

* Premium members only.

The historical data trend for Baltic Classifieds Group'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.

Baltic Classifieds Group Operating Income Chart

Baltic Classifieds Group Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Operating Income
Get a 7-Day Free Trial 11.42 25.65 32.91 45.78 52.50

Baltic Classifieds Group Semi-Annual Data
Apr19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 16.30 22.03 23.23 27.11 25.48
CHIX:BCGL
76GF Score
Baltic Classifieds Group PLC CHIX:BCGL
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Baltic Classifieds Group 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 Apr. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was £52.59 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 £52.59 Mil mean?
Baltic Classifieds Group (CHIX:BCGL) has a Operating Income of £52.59 Mil as of Apr. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Baltic Classifieds Group and its competitors.
Is Baltic Classifieds Group's Operating Income too high?
Baltic Classifieds Group's current Operating Income is £52.59 Mil. Overall, Baltic Classifieds Group has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Baltic Classifieds Group's Operating Income compare to GOOGL and META?
Baltic Classifieds Group's Operating Income of £52.59 Mil can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Operating Income depends on the Interactive Media 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 Baltic Classifieds Group and its competitors. Baltic Classifieds Group's current Operating Income is £52.59 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baltic Classifieds Group stock overvalued right now?
Based on GuruFocus' analysis, Baltic Classifieds Group (CHIX:BCGL) is currently considered Significantly Undervalued. The stock's GF Value™ is £3.33, compared to a current price of £1.80 — trading 46% below its estimated fair value. The current Operating Income is £52.59 Mil. Baltic Classifieds Group's overall GF Score™ is 76/100 with 1 warning sign 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 Baltic Classifieds Group (CHIX:BCGL), the current Operating Income is £52.59 Mil as of Apr. 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 Baltic Classifieds Group (CHIX:BCGL) Overvalued in 2026?

Based on GuruFocus' analysis, Baltic Classifieds Group stock appears to be undervalued. The current stock price of £1.80 is trading 46% below its estimated GF Value™ of £3.33. GuruFocus considers Baltic Classifieds Group to be Significantly Undervalued.

Key valuation signals for CHIX:BCGL:

  • Operating Income: £52.59 Mil
  • GF Value™: £3.33 vs. price of £1.80 (46% below fair value)
  • GF Score™: 76/100 with 1 warning sign

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

Baltic Classifieds Group Business Description

Other Exchanges BCG:UK983:Germany
Address Saltoniskiu Street 9B, Vilnius, LTU, LT-08105
Baltic Classifieds Group PLC is an online classifieds group in the Baltics which owns and operates various vertical and generalist online classifieds portals in Estonia, Latvia, and Lithuania. Its online classifieds portfolio comprises vertical online classifieds portals, including vertical portals for automotive, real estate, and jobs and services, and a few generalist portals, offering a wide line of products. The main focus of the Group is operating online classifieds platforms for automotive, real estate, jobs and services, and general merchandise in the Baltics. lt generates revenue from fees for service packages based on the number of job ad postings; fees for short-term services including job ad promotion, job ads, and access to the resume database.
76GF Score

Get the complete analysis for CHIX:BCGL

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

£1.80
Price
£3.33
GF Value