Clas Ohlson AB (CHIX:CLASBS) Operating Income: kr1,528 Mil (TTM As of Apr. 2026)


CHIX:CLASBS Clas Ohlson AB CHIX:CLASBS
79 GF Score
Price kr433.10
GF Value kr244.75
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Clas Ohlson AB Operating Income?

Clas Ohlson AB CHIX:CLASBS 79 Operating Income is kr1,528 Mil as of Apr. 2026. GuruFocus rates CHIX:CLASBS with a GF Score™ of 79/100 and a GF Value™ of kr244.75 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Clas Ohlson AB's Operating Income for the three months ended in Apr. 2026 was kr181 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was kr1,528 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Clas Ohlson AB's Operating Income for the three months ended in Apr. 2026 was kr181 Mil. Clas Ohlson AB's Revenue for the three months ended in Apr. 2026 was kr2,611 Mil. Therefore, Clas Ohlson AB's Operating Margin % for the quarter that ended in Apr. 2026 was 6.93%.

Good Sign:

Clas Ohlson AB operating margin is expanding. Margin expansion is usually a good sign.

Clas Ohlson AB's 5-Year average Growth Rate for Operating Margin % was 12.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Clas Ohlson AB's annualized ROC % for the quarter that ended in Apr. 2026 was 11.27%. Clas Ohlson AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 31.82%.


Clas Ohlson AB  (CHIX:CLASBs) Operating Income Explanation

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

Clas Ohlson AB'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: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=723.2 * ( 1 - 17.82% )/( (5333.4 + 5211.7)/ 2 )
=594.32576/5272.55
=11.27 %

where

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

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

Clas Ohlson AB'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: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=759.2/( ( (2278.1 + max(-283.3, 0)) + (2346 + max(147.9, 0)) )/ 2 )
=759.2/( ( 2278.1 + 2493.9 )/ 2 )
=759.2/2386
=31.82 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(112 + 2280.7 + 6.8000000000002) - (1160.9 + 0 + 1521.9)
=-283.3

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(73.3 + 2479.7 + 37.8) - (1146.4 + 0 + 1296.5)
=147.9

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

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

Clas Ohlson AB'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 )
=180.8/2610.7
=6.93 %

* 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.


Clas Ohlson AB Operating Income Related Terms


Clas Ohlson AB Operating Income Historical Data

* Premium members only.

The historical data trend for Clas Ohlson 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.

Clas Ohlson AB Operating Income Chart

Clas Ohlson AB Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 714.70 446.20 886.70 1,215.10 1,568.10

Clas Ohlson AB Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 109.10 277.70 410.60 659.00 180.80
CHIX:CLASBS
79GF Score
Clas Ohlson AB CHIX:CLASBS
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Clas Ohlson 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 Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr1,528 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 kr1,528 Mil mean?
Clas Ohlson AB (CHIX:CLASBS) has a Operating Income of kr1,528 Mil as of Apr. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Clas Ohlson AB and its competitors.
Is Clas Ohlson AB's Operating Income too high?
Clas Ohlson AB's current Operating Income is kr1,528 Mil. Overall, Clas Ohlson AB has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Clas Ohlson AB's Operating Income compare to CASY and WSM?
Clas Ohlson AB's Operating Income of kr1,528 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Operating Income depends on the Retail - Cyclical 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 Clas Ohlson AB and its competitors. Clas Ohlson AB's current Operating Income is kr1,528 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clas Ohlson AB stock overvalued right now?
Based on GuruFocus' analysis, Clas Ohlson AB (CHIX:CLASBS) is currently considered Significantly Overvalued. The stock's GF Value™ is kr244.75, compared to a current price of kr433.10 — trading 77% above its estimated fair value. The current Operating Income is kr1,528 Mil. Clas Ohlson AB's overall GF Score™ is 79/100 with 3 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 Clas Ohlson AB (CHIX:CLASBS), the current Operating Income is kr1,528 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 Clas Ohlson AB (CHIX:CLASBS) Overvalued in 2026?

Based on GuruFocus' analysis, Clas Ohlson AB stock appears to be overvalued. The current stock price of kr433.10 is trading 77% above its estimated GF Value™ of kr244.75. GuruFocus considers Clas Ohlson AB to be Significantly Overvalued.

Key valuation signals for CHIX:CLASBS:

  • Operating Income: kr1,528 Mil
  • GF Value™: kr244.75 vs. price of kr433.10 (77% above fair value)
  • GF Score™: 79/100 with 3 warning signs

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


Clas Ohlson AB Business Description

Address Municipality of Leksand, Insjon, SWE, 793 85
Clas Ohlson AB is a Swedish specialty retailer of home and office solutions. The company has five product categories: hardware, electrical, home, multimedia, and leisure items. The hardware category includes home repair tools, with Capere, Cocraft, and Clas Ohlson as proprietary brands. The electrical category consists of energy and electrical solutions, mainly under its own brands: Cotech and Northlight. Multimedia offers technology to connect devices. The home category offers practical items for the kitchen, wardrobe, bathroom, and laundry. Clas Ohlson's main segments by revenue are Sweden, Norway, Finland, and a few other countries outside the Nordics.
79GF Score

Get the complete analysis for CHIX:CLASBS

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

kr433.10
Price
kr244.75
GF Value