Southern Cross Media Group (FRA:6MM) Operating Income: €19.4 Mil (TTM As of Dec. 2025)

What is Southern Cross Media Group Operating Income?

Southern Cross Media Group FRA:6MM +1.26% 49 Operating Income is €19.4 Mil as of Dec. 2025. GuruFocus rates FRA:6MM with a GF Score™ of 49/100 and a GF Value™ of €0.43. The stock has 7 warning signs investors should review.

Southern Cross Media Group's Operating Income for the six months ended in Dec. 2025 was €7.6 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €19.4 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Southern Cross Media Group's Operating Income for the six months ended in Dec. 2025 was €7.6 Mil. Southern Cross Media Group's Revenue for the six months ended in Dec. 2025 was €144.5 Mil. Therefore, Southern Cross Media Group's Operating Margin % for the quarter that ended in Dec. 2025 was 5.27%.

Warning Sign:

Southern Cross Media Group Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -20.1%.

Southern Cross Media Group's 5-Year average Growth Rate for Operating Margin % was -20.10% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Southern Cross Media Group's annualized ROC % for the quarter that ended in Dec. 2025 was 0.65%. Southern Cross Media Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 11.52%.

Southern Cross Media Group (FRA:6MM) Operating Income Explanation

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

Southern Cross Media Group'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 )
=	15.218 * ( 1 - 74.65% )	/	( (341.667	+	839.068)	/ 2 )
=	3.857763	/	590.3675
=	0.65 %

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	))
=	387.25	-	25.574	-	( 20.009	-	max(0, 43.825	-	74.354	+	20.009	))
=	341.667

	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	))
=	1023.648	-	136.614	-	( 47.966	-	max(0, 231.885	-	339.024	+	47.966	))
=	839.068

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:

Southern Cross Media Group'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 )
=	20.672	/	( ( (83.892 + max(12.031, 0))	+	(181.45 + max(81.407, 0)) )	/	2 )
=	20.672	/	( ( 95.923	+	262.857 )	/	2 )
=	20.672	/	179.39
=	11.52 %

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)
=	(44.718	+	0	+	6.409)	-	(25.574	+	2.289	+	11.233)
=	12.031

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(203.107	+	0	+	87.951)	-	(136.614	+	0	+	73.037)
=	81.407

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 %:

Southern Cross Media Group'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 )
	=	7.609	/	144.507
	=	5.27 %

* 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.

Southern Cross Media Group Operating Income Related Terms

Southern Cross Media Group Operating Income Historical Data

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The historical data trend for Southern Cross Media Group's Operating Income can be seen below:

Southern Cross Media Group Operating Income Chart

Southern Cross Media Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

Operating Income

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58.13

35.01

25.86

13.11

15.36

Southern Cross Media Group 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															7.53	5.55	3.82	11.80	7.61

49GF Score

Southern Cross Media Group Ltd FRA:6MM

Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.

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Southern Cross Media Group 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 €19.4 Mil.

Frequently Asked Questions Learn more about Operating Income →

What does a Operating Income of €19.4 Mil mean?

Southern Cross Media Group (FRA:6MM) has a Operating Income of €19.4 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Southern Cross Media Group and its competitors.

Is Southern Cross Media Group's Operating Income too high?

Southern Cross Media Group's current Operating Income is €19.4 Mil. Overall, Southern Cross Media Group has a GF Score™ of 49/100, reflecting its overall financial health beyond just this single metric.

How does Southern Cross Media Group's Operating Income compare to NFLX and DIS?

Southern Cross Media Group's Operating Income of €19.4 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?

A good Operating Income depends on the Media - Diversified 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 Southern Cross Media Group and its competitors. Southern Cross Media Group's current Operating Income is €19.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Southern Cross Media Group stock overvalued right now?

Southern Cross Media Group (FRA:6MM) has a current Operating Income of €19.4 Mil. The stock's GF Value™ is €0.43, compared to a current price of €0.32 — trading 25.1% below its estimated fair value. The current Operating Income is €19.4 Mil. Southern Cross Media Group's overall GF Score™ is 49/100 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 Southern Cross Media Group (FRA:6MM), the current Operating Income is €19.4 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 Southern Cross Media Group (FRA:6MM) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Cross Media Group stock appears to be undervalued. The current stock price of €0.32 is trading 25.1% below its estimated GF Value™ of €0.43.

Key valuation signals for FRA:6MM:

Operating Income: €19.4 Mil
GF Value™: €0.43 vs. price of €0.32 (25.1% below fair value)
GF Score™: 49/100 with 7 warning signs

No single metric tells the full story. See the FRA:6MM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Southern Cross Media Group Business Description

Industry Communication Services Media - Diversified

Comparable Companies ASX:BBL ASX:AIM ASX:STV NFLX DIS WBD LYV XAMS:UMG FWONA FOXA ROKU TKO NWSA WMG XPAR:BOL PSKY SIRI MSGS LLYVA XPAR:ODET

Other Exchanges SXL:Australia

Address 101 Moray Street, Level 2, South Melbourne, Melbourne, VIC, AUS, 3205

Website https://www.southerncrossaustereo.com.au

Southern Cross Media broadcasts radio programming across Australia and generates revenue and earnings from sales of airtime to advertisers. In metropolitan areas, it runs two radio networks (Hit and Triple M). In regional areas, the company runs a portfolio of radio stations. It is also operating digital audio, which has a rapidly growing audience and turned profitable from fiscal 2025. Southern Cross merged with Seven West Media in January 2026 and now owns Seven's TV and newspaper businesses.

49GF Score

Get the complete analysis for FRA:6MM

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

€0.32

Price

€0.43

GF Value

View FRA:6MM Analysis

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