ENGDF (Naturenergie Holding AG) Operating Income: $249 Mil (TTM As of Dec. 2025)


ENGDF Naturenergie Holding AG ENGDF
67 GF Score
Price $36.06
GF Value $43.30
! 2 Warning Signs
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What is Naturenergie Holding AG Operating Income?

Naturenergie Holding AG ENGDF 67 Operating Income is $249 Mil as of Dec. 2025. GuruFocus rates ENGDF with a GF Score™ of 67/100 and a GF Value™ of $43.30. The stock has 2 warning signs investors should review.

Naturenergie Holding AG's Operating Income for the six months ended in Dec. 2025 was $144 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $249 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Naturenergie Holding AG's Operating Income for the six months ended in Dec. 2025 was $144 Mil. Naturenergie Holding AG's Revenue for the six months ended in Dec. 2025 was $1,824 Mil. Therefore, Naturenergie Holding AG's Operating Margin % for the quarter that ended in Dec. 2025 was 7.89%.

Good Sign:

Naturenergie Holding AG operating margin is expanding. Margin expansion is usually a good sign.

Naturenergie Holding AG's 5-Year average Growth Rate for Operating Margin % was 24.60% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Naturenergie Holding AG's annualized ROC % for the quarter that ended in Dec. 2025 was 12.94%. Naturenergie Holding AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 35.49%.

Naturenergie Holding AG  (OTCPK:ENGDF) Operating Income Explanation

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

Naturenergie Holding AG's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=287.822 * ( 1 - 5.6% )/( (2260.208 + 1939.929)/ 2 )
=271.703968/2100.0685
=12.94 %

where

Invested Capital(Q: Jun. 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))
=2260.208 - 0 - ( 0 - max(0, 385.928 - 678.893+0))
=2260.208

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))
=2377.283 - 111.593 - ( 325.761 - max(0, 344.731 - 775.293+325.761))
=1939.929

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

Naturenergie Holding AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=305.854/( ( (0 + max(292.965, 0)) + (1430.445 + max(-141.569, 0)) )/ 2 )
=305.854/( ( 292.965 + 1430.445 )/ 2 )
=305.854/861.705
=35.49 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 678.893) - (0 + 0 + 385.928)
=292.965

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(103.279 + 62.646 + 27.635) - (111.593 + 0 + 223.536)
=-141.569

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

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

Naturenergie Holding AG's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=143.911/1824.005
=7.89 %

* 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.

Naturenergie Holding AG Operating Income Related Terms

Naturenergie Holding AG Operating Income Historical Data

* Premium members only.

The historical data trend for Naturenergie Holding AG'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.

Naturenergie Holding AG Operating Income Chart

Naturenergie Holding AG 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 100.68 102.75 142.20 236.55 250.94

Naturenergie Holding AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 53.22 110.55 129.01 105.42 143.91
ENGDF
67GF Score
Naturenergie Holding AG ENGDF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Naturenergie Holding AG 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $249 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 $249 Mil mean?
Naturenergie Holding AG (ENGDF) has a Operating Income of $249 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Naturenergie Holding AG and its competitors.
Is Naturenergie Holding AG's Operating Income too high?
Naturenergie Holding AG's current Operating Income is $249 Mil. Overall, Naturenergie Holding AG has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Naturenergie Holding AG's Operating Income compare to competitors?
Naturenergie Holding AG's Operating Income of $249 Mil can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Operating Income depends on the Utilities - Independent Power Producers 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 Naturenergie Holding AG and its competitors. Naturenergie Holding AG's current Operating Income is $249 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naturenergie Holding AG stock overvalued right now?
Naturenergie Holding AG (ENGDF) has a current Operating Income of $249 Mil. The stock's GF Value™ is $43.30, compared to a current price of $36.06 — trading 16.7% below its estimated fair value. The current Operating Income is $249 Mil. Naturenergie Holding AG's overall GF Score™ is 67/100 with 2 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 Naturenergie Holding AG (ENGDF), the current Operating Income is $249 Mil as of Dec. 2025. 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 Naturenergie Holding AG (ENGDF) Overvalued in 2026?

Based on GuruFocus' analysis, Naturenergie Holding AG stock appears to be undervalued. The current stock price of $36.06 is trading 16.7% below its estimated GF Value™ of $43.30.

Key valuation signals for ENGDF:

  • Operating Income: $249 Mil
  • GF Value™: $43.30 vs. price of $36.06 (16.7% below fair value)
  • GF Score™: 67/100 with 2 warning signs

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

Naturenergie Holding AG Business Description

Address Baslerstrasse 44, Laufenburg, CHE, 5080
Naturenergie Holding AG is a German-Swiss group engaged in the power business. The company generates green electricity from hydropower power plants on the High Rhine to products and services in the areas of photovoltaics, heat, building & living and electromobility.
67GF Score

Get the complete analysis for ENGDF

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

$36.06
Price
$43.30
GF Value