CLVSF (CellaVision AB) Operating Income: $18.48 Mil (TTM As of Mar. 2026)

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CLVSF CellaVision AB CLVSF
85 GF Score
Price $14.00
GF Value $21.63
Valuation Significantly Undervalued
! 1 Warning Sign
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What is CellaVision AB Operating Income?

CellaVision AB CLVSF 85 Operating Income is $18.48 Mil as of Mar. 2026. GuruFocus rates CLVSF with a GF Score™ of 85/100 and a GF Value™ of $21.63 (Significantly Undervalued). The stock has 1 warning sign investors should review.

CellaVision AB's Operating Income for the three months ended in Mar. 2026 was $3.06 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $18.48 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. CellaVision AB's Operating Income for the three months ended in Mar. 2026 was $3.06 Mil. CellaVision AB's Revenue for the three months ended in Mar. 2026 was $17.86 Mil. Therefore, CellaVision AB's Operating Margin % for the quarter that ended in Mar. 2026 was 17.13%.

Good Sign:

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

CellaVision AB's 5-Year average Growth Rate for Operating Margin % was 0.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. CellaVision AB's annualized ROC % for the quarter that ended in Mar. 2026 was 10.38%. CellaVision AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 47.28%.


CellaVision AB  (OTCPK:CLVSF) Operating Income Explanation

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

CellaVision 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 )
=12.236 * ( 1 - 21% )/( (93.535 + 92.713)/ 2 )
=9.66644/93.124
=10.38 %

where

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

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

CellaVision 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 )
=12.428/( ( (13.168 + max(15.378, 0)) + (13.131 + max(10.899, 0)) )/ 2 )
=12.428/( ( 28.546 + 24.03 )/ 2 )
=12.428/26.288
=47.28 %

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)
=(12.948 + 12.031 + 0.86300000000001) - (4.025 + 0 + 6.439)
=15.378

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9.818 + 13.1 + 7.105427357601E-15) - (4.372 + 0 + 7.647)
=10.899

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 %:

CellaVision 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 )
=3.059/17.862
=17.13 %

* 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.


CellaVision AB Operating Income Related Terms


CellaVision AB Operating Income Historical Data

* Premium members only.

The historical data trend for CellaVision 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.

CellaVision AB Operating Income Chart

CellaVision 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 17.90 15.25 16.29 16.18 21.74

CellaVision 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 5.64 5.27 4.22 5.93 3.06
CLVSF
85GF Score
CellaVision AB CLVSF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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CellaVision 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 $18.48 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 $18.48 Mil mean?
CellaVision AB (CLVSF) has a Operating Income of $18.48 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on CellaVision AB and its competitors.
Is CellaVision AB's Operating Income too high?
CellaVision AB's current Operating Income is $18.48 Mil. Overall, CellaVision AB has a GF Score™ of 85/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CellaVision AB's Operating Income compare to ABT and SYK?
CellaVision AB's Operating Income of $18.48 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Operating Income depends on the Medical Devices & Instruments 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 CellaVision AB and its competitors. CellaVision AB's current Operating Income is $18.48 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CellaVision AB stock overvalued right now?
Based on GuruFocus' analysis, CellaVision AB (CLVSF) is currently considered Significantly Undervalued. The stock's GF Value™ is $21.63, compared to a current price of $14.00 — trading 35.3% below its estimated fair value. The current Operating Income is $18.48 Mil. CellaVision AB's overall GF Score™ is 85/100 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 CellaVision AB (CLVSF), the current Operating Income is $18.48 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.

Is CellaVision AB (CLVSF) Overvalued in 2026?

Based on GuruFocus' analysis, CellaVision AB stock appears to be undervalued. The current stock price of $14.00 is trading 35.3% below its estimated GF Value™ of $21.63. GuruFocus considers CellaVision AB to be Significantly Undervalued.

Key valuation signals for CLVSF:

  • Operating Income: $18.48 Mil
  • GF Value™: $21.63 vs. price of $14.00 (35.3% below fair value)
  • GF Score™: 85/100 with 1 warning sign

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


CellaVision AB Business Description

Address Mobilvagen 12, Lund, SWE, 22362
CellaVision AB is engaged in developing and selling instruments, software, and reagents for blood and body fluid analysis. The company automates parts of the sample preparation process and replaces manual microscopes with instruments based on digital image analysis technology and artificial intelligence. The solutions contribute to more effective workflows and higher quality in laboratory medicine. The product offer consists of products and solutions for standardized laboratory diagnostics and improved performance for cellular image processing and systems for digital microscopy in hematology, consisting of reagents, instruments, and supplementary software and peripheral equipment.
85GF Score

Get the complete analysis for CLVSF

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

$14.00
Price
$21.63
GF Value