Munters Group AB (CHIX:MTRSS) Operating Income: kr1,142 Mil (TTM As of Jun. 2026)

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CHIX:MTRSS Munters Group AB CHIX:MTRSS
90 GF Score
Price kr175.33
GF Value kr175.93
Valuation Fairly Valued
! 5 Warning Signs
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What is Munters Group AB Operating Income?

Munters Group AB CHIX:MTRSS +10.97% 90 Operating Income is kr1,142 Mil as of Jun. 2026. GuruFocus rates CHIX:MTRSS with a GF Score™ of 90/100 and a GF Value™ of kr175.93 (Fairly Valued). The stock has 5 warning signs investors should review.

Munters Group AB's Operating Income for the three months ended in Jun. 2026 was kr380 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was kr1,142 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Munters Group AB's Operating Income for the three months ended in Jun. 2026 was kr380 Mil. Munters Group AB's Revenue for the three months ended in Jun. 2026 was kr3,805 Mil. Therefore, Munters Group AB's Operating Margin % for the quarter that ended in Jun. 2026 was 9.99%.

Warning Sign:

Munters Group AB operating margin has been in a 5-year decline. The average rate of decline per year is -1.8%.

Munters Group AB's 5-Year average Growth Rate for Operating Margin % was -1.80% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Munters Group AB's annualized ROC % for the quarter that ended in Jun. 2026 was 5.41%. Munters Group AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 41.12%.


Munters Group AB  (CHIX:MTRSs) Operating Income Explanation

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

Munters Group AB's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=1520 * ( 1 - 31.16% )/( (18541 + 20111)/ 2 )
=1046.368/19326
=5.41 %

where

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

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

Munters Group AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1520/( ( (3611 + max(-1515, 0)) + (3782 + max(-2067, 0)) )/ 2 )
=1520/( ( 3611 + 3782 )/ 2 )
=1520/3696.5
=41.12 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2133 + 2047 + 167) - (1680 + 0 + 4182)
=-1515

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2307 + 3038 + 191) - (2143 + 0 + 5460)
=-2067

When net working capital is negative, 0 is used.

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

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

Munters Group AB's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=380/3805
=9.99 %

* 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.


Munters Group AB Operating Income Related Terms


Munters Group AB Operating Income Historical Data

* Premium members only.

The historical data trend for Munters 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.

Munters Group AB Operating Income Chart

Munters Group AB 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 860.00 907.00 1,656.00 1,841.00 1,319.00

Munters Group AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 358.00 384.00 104.00 274.00 380.00
CHIX:MTRSS
90GF Score
Munters Group AB CHIX:MTRSS
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Munters 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr1,142 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 kr1,142 Mil mean?
Munters Group AB (CHIX:MTRSS) has a Operating Income of kr1,142 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Munters Group AB and its competitors.
Is Munters Group AB's Operating Income too high?
Munters Group AB's current Operating Income is kr1,142 Mil. Overall, Munters Group AB has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Munters Group AB's Operating Income compare to VLTO and ZWS?
Munters Group AB's Operating Income of kr1,142 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Operating Income depends on the Industrial Products 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 Munters Group AB and its competitors. Munters Group AB's current Operating Income is kr1,142 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Munters Group AB stock overvalued right now?
Based on GuruFocus' analysis, Munters Group AB (CHIX:MTRSS) is currently considered Fairly Valued. The stock's GF Value™ is kr175.93, compared to a current price of kr175.33 — trading 0.3% below its estimated fair value. The current Operating Income is kr1,142 Mil. Munters Group AB's overall GF Score™ is 90/100 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 Munters Group AB (CHIX:MTRSS), the current Operating Income is kr1,142 Mil as of Jun. 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 Munters Group AB (CHIX:MTRSS) Overvalued in 2026?

Based on GuruFocus' analysis, Munters Group AB stock appears to be undervalued. The current stock price of kr175.33 is trading 0.3% below its estimated GF Value™ of kr175.93. GuruFocus considers Munters Group AB to be Fairly Valued.

Key valuation signals for CHIX:MTRSS:

  • Operating Income: kr1,142 Mil
  • GF Value™: kr175.93 vs. price of kr175.33 (0.3% below fair value)
  • GF Score™: 90/100 with 5 warning signs

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


Munters Group AB Business Description

Address Borgarfjordsgatan 16, Box 1188, Kista, SWE, SE-164 40
Munters Group AB is a provider of energy-efficient air treatment and climate control solutions predominantly within the food, pharmaceutical and data center and other sectors. The company operates in segments, which are: AirTech, Data Center Technologies, and FoodTech. The majority of the revenue is generated from its AirTech segment, which manufactures and markets products and solutions for controlling humidity and improving the indoor climate. Geographically, a majority of its revenue is generated from the United States and the rest from China, Germany, the United Kingdom, Canada, Sweden, Australia, France, Denmark, Poland, Mexico, and other markets.
90GF Score

Get the complete analysis for CHIX:MTRSS

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

kr175.33
Price
kr175.93
GF Value