CSIOF (Casio Computer Co) Operating Income: $776 Mil (TTM As of Mar. 2026)


CSIOF Casio Computer Co Ltd CSIOF
59 GF Score
Price $11.74
GF Value $7.89
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Casio Computer Co Operating Income?

Casio Computer Co CSIOF 59 Operating Income is $776 Mil as of Mar. 2026. GuruFocus rates CSIOF with a GF Score™ of 59/100 and a GF Value™ of $7.89 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Casio Computer Co's Operating Income for the three months ended in Mar. 2026 was $655 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $776 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Casio Computer Co's Operating Income for the three months ended in Mar. 2026 was $655 Mil. Casio Computer Co's Revenue for the three months ended in Mar. 2026 was $430 Mil. Therefore, Casio Computer Co's Operating Margin % for the quarter that ended in Mar. 2026 was 152.36%.

Warning Sign:

Casio Computer Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -8.9%.

Casio Computer Co's 5-Year average Growth Rate for Operating Margin % was -8.90% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Casio Computer Co's annualized ROC % for the quarter that ended in Mar. 2026 was 241.83%. Casio Computer Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 431.04%.


Casio Computer Co  (OTCPK:CSIOF) Operating Income Explanation

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

Casio Computer Co'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 )
=2621.608 * ( 1 - 1.05% )/( (1119.617 + 1025.776)/ 2 )
=2594.081116/1072.6965
=241.83 %

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))
=2210.807 - 141.115 - ( 950.075 - max(0, 441.94 - 1570.587+950.075))
=1119.617

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))
=2214.955 - 239.68 - ( 949.499 - max(0, 502.972 - 1554.297+949.499))
=1025.776

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

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

Casio Computer Co'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 )
=2599.248/( ( (381.939 + max(231.806, 0)) + (381.151 + max(211.126, 0)) )/ 2 )
=2599.248/( ( 613.745 + 592.277 )/ 2 )
=2599.248/603.011
=431.04 %

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)
=(192.772 + 373.287 + 54.453) - (141.115 + 0 + 247.591)
=231.806

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(177.278 + 372.221 + 55.299) - (239.68 + 0 + 153.992)
=211.126

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 %:

Casio Computer Co'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 )
=655.402/430.179
=152.36 %

* 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.


Casio Computer Co Operating Income Related Terms


Casio Computer Co Operating Income Historical Data

* Premium members only.

The historical data trend for Casio Computer Co'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.

Casio Computer Co Operating Income Chart

Casio Computer Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 185.63 135.89 94.84 39.85 145.39

Casio Computer Co 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 20.17 25.82 38.94 55.60 655.40
CSIOF
59GF Score
Casio Computer Co Ltd CSIOF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Casio Computer Co 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 $776 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 $776 Mil mean?
Casio Computer Co (CSIOF) has a Operating Income of $776 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Casio Computer Co and its competitors.
Is Casio Computer Co's Operating Income too high?
Casio Computer Co's current Operating Income is $776 Mil. Overall, Casio Computer Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Casio Computer Co's Operating Income compare to AAPL?
Casio Computer Co's Operating Income of $776 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Operating Income depends on the Hardware 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 Casio Computer Co and its competitors. Casio Computer Co's current Operating Income is $776 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Casio Computer Co stock overvalued right now?
Based on GuruFocus' analysis, Casio Computer Co (CSIOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.89, compared to a current price of $11.74 — trading 48.8% above its estimated fair value. The current Operating Income is $776 Mil. Casio Computer Co's overall GF Score™ is 59/100 with 6 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 Casio Computer Co (CSIOF), the current Operating Income is $776 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 Casio Computer Co (CSIOF) Overvalued in 2026?

Based on GuruFocus' analysis, Casio Computer Co stock appears to be overvalued. The current stock price of $11.74 is trading 48.8% above its estimated GF Value™ of $7.89. GuruFocus considers Casio Computer Co to be Significantly Overvalued.

Key valuation signals for CSIOF:

  • Operating Income: $776 Mil
  • GF Value™: $7.89 vs. price of $11.74 (48.8% above fair value)
  • GF Score™: 59/100 with 6 warning signs

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


Casio Computer Co Business Description

Address 1-6-2 Honmachi, Shibuya-ku, Tokyo, JPN, 151-8543
Casio Computer is well known as a watch and calculator manufacturer. Casio, founded in 1957, has cultivated the consumer electronics market by inventing distinctive products. Milestones in its history include the Casio Mini (1972), the world's first personal electronic calculator; G-Shock (1983), a shock-resistant wristwatch; and QV-10 (1995), the world's first digital camera with an LCD display. About two thirds of its revenue and most of its profits are from the timepieces segment.
59GF Score

Get the complete analysis for CSIOF

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

$11.74
Price
$7.89
GF Value