Jamuna Oil Co (DHA:JAMUNAOIL) Operating Income: BDT361.41 Mil (TTM As of Mar. 2026)

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DHA:JAMUNAOIL Jamuna Oil Co Ltd DHA:JAMUNAOIL
73 GF Score
Price BDT175.90
GF Value BDT12,961.87
Valuation Possible Value Trap
! 5 Warning Signs
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What is Jamuna Oil Co Operating Income?

Jamuna Oil Co DHA:JAMUNAOIL 73 Operating Income is BDT361.41 Mil as of Mar. 2026. GuruFocus rates DHA:JAMUNAOIL with a GF Score™ of 73/100 and a GF Value™ of BDT12,961.87 (Possible Value Trap). The stock has 5 warning signs investors should review.

Jamuna Oil Co's Operating Income for the three months ended in Mar. 2026 was BDT-82.07 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was BDT361.41 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Jamuna Oil Co's Operating Income for the three months ended in Mar. 2026 was BDT-82.07 Mil. Jamuna Oil Co's Revenue for the three months ended in Mar. 2026 was BDT50,453.31 Mil. Therefore, Jamuna Oil Co's Operating Margin % for the quarter that ended in Mar. 2026 was -0.16%.

Warning Sign:

Jamuna Oil Co Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -1.2%.

Jamuna Oil Co's 5-Year average Growth Rate for Operating Margin % was -1.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Jamuna Oil Co's annualized ROC % for the quarter that ended in Mar. 2026 was -1.25%. Jamuna Oil Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 212.25%.


Jamuna Oil Co  (DHA:JAMUNAOIL) Operating Income Explanation

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

Jamuna Oil 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 )
=-328.268 * ( 1 - 31.28% )/( (17898.793 + 18153.792)/ 2 )
=-225.5857696/18026.2925
=-1.25 %

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))
=116316.028 - 80540.445 - ( 55839.239 - max(0, 82543.691 - 100420.481+55839.239))
=17898.793

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))
=102550.077 - 68175.896 - ( 54435.286 - max(0, 69888.055 - 86108.444+54435.286))
=18153.792

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

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

Jamuna Oil 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 )
=4999.236/( ( (2190.079 + max(-39174.731, 0)) + (2520.715 + max(-39364.101, 0)) )/ 2 )
=4999.236/( ( 2190.079 + 2520.715 )/ 2 )
=4999.236/2355.397
=212.25 %

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)
=(2548.324 + 16955.306 + 23865.33) - (80540.445 + 0 + 2003.246)
=-39174.731

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3611.756 + 10620.774 + 16291.424) - (68175.896 + 0 + 1712.159)
=-39364.101

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 %:

Jamuna Oil 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 )
=-82.067/50453.308
=-0.16 %

* 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.


Jamuna Oil Co Operating Income Related Terms


Jamuna Oil Co Operating Income Historical Data

* Premium members only.

The historical data trend for Jamuna Oil 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.

Jamuna Oil Co Operating Income Chart

Jamuna Oil Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 161.63 273.35 265.16 163.60 397.02

Jamuna Oil 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 -47.36 340.93 5.66 96.88 -82.07
DHA:JAMUNAOIL
73GF Score
Jamuna Oil Co Ltd DHA:JAMUNAOIL
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jamuna Oil 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 BDT361.41 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 BDT361.41 Mil mean?
Jamuna Oil Co (DHA:JAMUNAOIL) has a Operating Income of BDT361.41 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Jamuna Oil Co and its competitors.
Is Jamuna Oil Co's Operating Income too high?
Jamuna Oil Co's current Operating Income is BDT361.41 Mil. Overall, Jamuna Oil Co has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Jamuna Oil Co's Operating Income compare to MPC and VLO?
Jamuna Oil Co's Operating Income of BDT361.41 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Operating Income depends on the Oil & Gas 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 Jamuna Oil Co and its competitors. Jamuna Oil Co's current Operating Income is BDT361.41 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jamuna Oil Co stock overvalued right now?
Based on GuruFocus' analysis, Jamuna Oil Co (DHA:JAMUNAOIL) is currently considered Possible Value Trap. The stock's GF Value™ is BDT12,961.87, compared to a current price of BDT175.90 — trading 98.6% below its estimated fair value. The current Operating Income is BDT361.41 Mil. Jamuna Oil Co's overall GF Score™ is 73/100 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 Jamuna Oil Co (DHA:JAMUNAOIL), the current Operating Income is BDT361.41 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 Jamuna Oil Co (DHA:JAMUNAOIL) Overvalued in 2026?

Based on GuruFocus' analysis, Jamuna Oil Co stock appears to be undervalued. The current stock price of BDT175.90 is trading 98.6% below its estimated GF Value™ of BDT12,961.87. GuruFocus considers Jamuna Oil Co to be Possible Value Trap.

Key valuation signals for DHA:JAMUNAOIL:

  • Operating Income: BDT361.41 Mil
  • GF Value™: BDT12,961.87 vs. price of BDT175.90 (98.6% below fair value)
  • GF Score™: 73/100 with 5 warning signs

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


Jamuna Oil Co Business Description

Industry EnergyOil & Gas
Address Jamuna Bhawan, Agrabad Commercial Area, P.O Box-694, Chattogram, BGD, 4100
Jamuna Oil Co Ltd specializes in the marketing of refined petroleum products in Bangladesh, distributing fuels such as petrol, octane, diesel, kerosene, and furnace oil through a network of filling stations, distributor points, packed product dealers, and LPG outlets. It also supplies lubricants, greases, bitumen for infrastructure, and provides bunkering services for ships.
73GF Score

Get the complete analysis for DHA:JAMUNAOIL

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

BDT175.90
Price
BDT12,961.87
GF Value