Bonava AB (FRA:66B) Operating Income: €32.0 Mil (TTM As of Jun. 2026)

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FRA:66B Bonava AB FRA:66B
48 GF Score
Price €0.87
GF Value €0.52
! 7 Warning Signs
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What is Bonava AB Operating Income?

Bonava AB FRA:66B +1.04% 48 Operating Income is €32.0 Mil as of Jun. 2026. GuruFocus rates FRA:66B with a GF Score™ of 48/100 and a GF Value™ of €0.52. The stock has 7 warning signs investors should review.

Bonava AB's Operating Income for the three months ended in Jun. 2026 was €10.1 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was €32.0 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Bonava AB's Operating Income for the three months ended in Jun. 2026 was €10.1 Mil. Bonava AB's Revenue for the three months ended in Jun. 2026 was €161.3 Mil. Therefore, Bonava AB's Operating Margin % for the quarter that ended in Jun. 2026 was 6.28%.

Warning Sign:

Bonava AB operating margin has been in a 5-year decline. The average rate of decline per year is -28.7%.

Bonava AB's 5-Year average Growth Rate for Operating Margin % was -28.70% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bonava AB's annualized ROC % for the quarter that ended in Jun. 2026 was 2.61%. Bonava AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 1.72%.

Bonava AB  (FRA:66B) Operating Income Explanation

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

Bonava AB's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=40.5 * ( 1 - 0% )/( (1506.871 + 1600.083)/ 2 )
=40.5/1553.477
=2.61 %

where

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))
=1541.314 - 0 - ( 34.443 - max(0, 716.439 - 1474.098+34.443))
=1506.871

Invested Capital(Q: Jun. 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))
=1617.232 - 0 - ( 17.149 - max(0, 718.263 - 1556.297+17.149))
=1600.083

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

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

Bonava AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=17.516/( ( (0 + max(965.34, 0)) + (0 + max(1073.198, 0)) )/ 2 )
=17.516/( ( 965.34 + 1073.198 )/ 2 )
=17.516/1019.269
=1.72 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(97.574 + 1342.174 + -0.093000000000075) - (0 + 0 + 474.315)
=965.34

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(114.663 + 1364.098 + 60.387) - (0 + 0 + 465.95)
=1073.198

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

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

Bonava AB's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=10.125/161.276
=6.28 %

* 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.

Bonava AB Operating Income Related Terms

Bonava AB Operating Income Historical Data

* Premium members only.

The historical data trend for Bonava 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.

Bonava AB Operating Income Chart

Bonava 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 105.25 78.05 59.09 1.91 33.27

Bonava AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 11.62 -2.55 31.06 -6.68 10.13
FRA:66B
48GF Score
Bonava AB FRA:66B
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Bonava 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €32.0 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 €32.0 Mil mean?
Bonava AB (FRA:66B) has a Operating Income of €32.0 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Bonava AB and its competitors.
Is Bonava AB's Operating Income too high?
Bonava AB's current Operating Income is €32.0 Mil. Overall, Bonava AB has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Bonava AB's Operating Income compare to DHI and PHM?
Bonava AB's Operating Income of €32.0 Mil can be compared against companies in the Homebuilding & Construction 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 Homebuilding & Construction company?
A good Operating Income depends on the Homebuilding & Construction 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 Bonava AB and its competitors. Bonava AB's current Operating Income is €32.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bonava AB stock overvalued right now?
Bonava AB (FRA:66B) has a current Operating Income of €32.0 Mil. The stock's GF Value™ is €0.52, compared to a current price of €0.87 — trading 67.9% above its estimated fair value. The current Operating Income is €32.0 Mil. Bonava AB's overall GF Score™ is 48/100 with 7 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 Bonava AB (FRA:66B), the current Operating Income is €32.0 Mil as of Jun. 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 Bonava AB (FRA:66B) Overvalued in 2026?

Based on GuruFocus' analysis, Bonava AB stock appears to be overvalued. The current stock price of €0.87 is trading 67.9% above its estimated GF Value™ of €0.52.

Key valuation signals for FRA:66B:

  • Operating Income: €32.0 Mil
  • GF Value™: €0.52 vs. price of €0.87 (67.9% above fair value)
  • GF Score™: 48/100 with 7 warning signs

No single metric tells the full story. See the FRA:66B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bonava AB Business Description

Address Lindhagensgatan 74, Stockholm, SWE, 11218
Bonava AB is a Swedish residential development company. It acts as a developer of residential housing in northern Europe. The company is engaged in developing and selling affordable and sustainable homes to consumers and investors in selected markets in Sweden, Germany, Finland, Denmark, Norway, St. Petersburg, Estonia, and Latvia. Bonava provides multi-family housing and single-family housing and develops homes for consumers and investors, such as pension funds, jointly with municipalities and other stakeholders. Its product segments are categorized as Affordable, Core and High-end. Bonava operates in the Berlin, Hamburg, Baltic coast, Saxony, Rhien-Ruhr, Cologne/ Bonn, Rhien-Main and Rhine-Neckar/Stuttgart regions.Key revenue is earned from sales in Germany.
48GF Score

Get the complete analysis for FRA:66B

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

€0.87
Price
€0.52
GF Value