Viva Wine Group AB (CHIX:VIVAS) Operating Income: kr334 Mil (TTM As of Mar. 2026)


CHIX:VIVAS Viva Wine Group AB CHIX:VIVAS
74 GF Score
Price kr38.00
! 4 Warning Signs
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What is Viva Wine Group AB Operating Income?

Viva Wine Group AB CHIX:VIVAS 74 Operating Income is kr334 Mil as of Mar. 2026. GuruFocus rates CHIX:VIVAS with a GF Score™ of 74/100. The stock has 4 warning signs investors should review.

Viva Wine Group AB's Operating Income for the three months ended in Mar. 2026 was kr49 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was kr334 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Viva Wine Group AB's Operating Income for the three months ended in Mar. 2026 was kr49 Mil. Viva Wine Group AB's Revenue for the three months ended in Mar. 2026 was kr1,351 Mil. Therefore, Viva Wine Group AB's Operating Margin % for the quarter that ended in Mar. 2026 was 3.63%.

Warning Sign:

Viva Wine Group AB operating margin has been in a 5-year decline. The average rate of decline per year is -12.1%.

Viva Wine Group AB's 5-Year average Growth Rate for Operating Margin % was -12.10% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Viva Wine Group AB's annualized ROC % for the quarter that ended in Mar. 2026 was 3.94%. Viva Wine Group AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 35.09%.

Viva Wine Group AB  (CHIX:VIVAs) Operating Income Explanation

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

Viva Wine 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 )
=196 * ( 1 - 23.68% )/( (3521 + 4070)/ 2 )
=149.5872/3795.5
=3.94 %

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))
=5000 - 1389 - ( 90 - max(0, 1942 - 2155+90))
=3521

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))
=5053 - 904 - ( 79 - max(0, 1876 - 2059+79))
=4070

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

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

Viva Wine 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 )
=220/( ( (127 + max(441, 0)) + (228 + max(458, 0)) )/ 2 )
=220/( ( 568 + 686 )/ 2 )
=220/627
=35.09 %

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)
=(1181 + 806 + 48) - (1389 + 0 + 205)
=441

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(967 + 925 + 27) - (904 + 0 + 557)
=458

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 %:

Viva Wine 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 )
=49/1351
=3.63 %

* 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.

Viva Wine Group AB Operating Income Related Terms

Viva Wine Group AB Operating Income Historical Data

* Premium members only.

The historical data trend for Viva Wine 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.

Viva Wine Group AB Operating Income Chart

Viva Wine Group AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only 286.00 232.00 154.00 252.00 288.00

Viva Wine Group AB 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 31.00 74.00 87.00 124.00 49.00
CHIX:VIVAS
74GF Score
Viva Wine Group AB CHIX:VIVAS
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Viva Wine 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 kr334 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 kr334 Mil mean?
Viva Wine Group AB (CHIX:VIVAS) has a Operating Income of kr334 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Viva Wine Group AB and its competitors.
Is Viva Wine Group AB's Operating Income too high?
Viva Wine Group AB's current Operating Income is kr334 Mil. Overall, Viva Wine Group AB has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Viva Wine Group AB's Operating Income compare to BF.B?
Viva Wine Group AB's Operating Income of kr334 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Operating Income depends on the Beverages - Alcoholic 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 Viva Wine Group AB and its competitors. Viva Wine Group AB's current Operating Income is kr334 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viva Wine Group AB stock overvalued right now?
Viva Wine Group AB (CHIX:VIVAS) has a current Operating Income of kr334 Mil. The current Operating Income is kr334 Mil. Viva Wine Group AB's overall GF Score™ is 74/100 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 Viva Wine Group AB (CHIX:VIVAS), the current Operating Income is kr334 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.

Viva Wine Group AB Business Description

Other Exchanges VIVA:SwedenKY1:Germany
Address Blasieholmsgatan 4A, Stockholm, SWE, 111 48
Viva Wine Group AB is a Swedish wine company that trades in alcoholic beverages and sells both wholly owned and partner brands in various markets. Its business is divided into two segments, which are Nordics(B2B) and eCom(B2C). The Nordics segment accounts for the majority of revenue and includes customers such as state retail monopolies Systembolaget, Alko, and Vinmonopolet, as well as wholesalers, hotels, and restaurants. The eCom segment focuses on consumer e-commerce sales in Europe, while the Other segment includes the company's pilot sales to B2B customers in the United States. The company's geographical segments include Sweden, Finland, Germany, Norway, and other countries.
74GF Score

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

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