Qev NV (FRA:7IO) Operating Income: €-1.61 Mil (TTM As of Dec. 2022)

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FRA:7IO Qev NV FRA:7IO
19 GF Score
Price €0.38
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What is Qev NV Operating Income?

Qev NV FRA:7IO 19 Operating Income is €-1.61 Mil as of Dec. 2022. GuruFocus rates FRA:7IO with a GF Score™ of 19/100.

Qev NV's Operating Income for the six months ended in Dec. 2022 was €-1.30 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2022 was €-1.61 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Qev NV's Operating Income for the six months ended in Dec. 2022 was €-1.30 Mil. Qev NV's Revenue for the six months ended in Dec. 2022 was €0.00 Mil. Therefore, Qev NV's Operating Margin % for the quarter that ended in Dec. 2022 was %.

Qev NV's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Qev NV's annualized ROC % for the quarter that ended in Dec. 2022 was -1.46%. Qev NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was %.

Qev NV  (FRA:7IO) Operating Income Explanation

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

Qev NV's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

ROC % (Q: Dec. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2022 ) + Invested Capital (Q: Dec. 2022 ))/ count )
=-2.604 * ( 1 - 0% )/( (178.206 + 178.223)/ 2 )
=-2.604/178.2145
=-1.46 %

where

Invested Capital(Q: Jun. 2022 )
=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))
=181.474 - 0.168 - ( 3.585 - max(0, 0.542 - 3.642+3.585))
=178.206

Invested Capital(Q: Dec. 2022 )
=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))
=180.305 - 0.231 - ( 2.119 - max(0, 0.281 - 2.132+2.119))
=178.223

Note: The Operating Income data used here is two times the semi-annual (Dec. 2022) data.

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

Qev NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Dec. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3.104/( ( (0 + max(-0.485, 0)) + (0 + max(-0.268, 0)) )/ 2 )
=3.104/( ( 0 + 0 )/ 2 )
=3.104/0
= %

where Working Capital is:

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.057) - (0.168 + 0 + 0.374)
=-0.485

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.013) - (0.231 + 0 + 0.05)
=-0.268

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2022) EBIT data.

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

Qev NV's Operating Margin % for the quarter that ended in Dec. 2022 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2022 )/Revenue (Q: Dec. 2022 )
=-1.302/0
= %

* 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.

Qev NV Operating Income Related Terms

Qev NV Operating Income Historical Data

* Premium members only.

The historical data trend for Qev NV'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.

Qev NV Operating Income Chart

Qev NV Annual Data
Trend Dec21 Dec22
Operating Income
-0.78 -1.61

Qev NV Semi-Annual Data
Jun21 Dec21 Jun22 Dec22
Operating Income -0.72 -0.06 -0.30 -1.30
FRA:7IO
19GF Score
Qev NV FRA:7IO
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Qev NV 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-1.61 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 €-1.61 Mil mean?
Qev NV (FRA:7IO) has a Operating Income of €-1.61 Mil as of Dec. 2022. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Qev NV and its competitors.
Is Qev NV's Operating Income too high?
Qev NV's current Operating Income is €-1.61 Mil. Overall, Qev NV has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Qev NV's Operating Income compare to TSLA and STLA?
Qev NV's Operating Income of €-1.61 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Operating Income depends on the Vehicles & Parts 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 Qev NV and its competitors. Qev NV's current Operating Income is €-1.61 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Qev NV stock overvalued right now?
Qev NV (FRA:7IO) has a current Operating Income of €-1.61 Mil. The current Operating Income is €-1.61 Mil. Qev NV's overall GF Score™ is 19/100. 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 Qev NV (FRA:7IO), the current Operating Income is €-1.61 Mil as of Dec. 2022. 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.

Qev NV Business Description

Address Carrer del Rec Molinar, 11, Montmelo, Barcelona, ESP, 08160
Qev NV designs, develops, manufactures, and sells electric light commercial vehicles and electric buses, as well as offering aftersales and maintenance services, and has further business lines related to electric motorsport. It sells its electric vans, trucks and buses primarily to businesses and public transport companies seeking to establish or grow their electric fleets, and is focused on serving the urban mobility and last-mile delivery markets. Under the ZEROID brand, QEV Technologies offers a zero-emission fleet that includes multiple electric van models, delivery trucks, and electric and hydrogen platforms for buses.
19GF Score

Get the complete analysis for FRA:7IO

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

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