Capsensixx AG (FRA:CPX) Operating Income: €10.0 Mil (TTM As of Dec. 2025)

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FRA:CPX Capsensixx AG FRA:CPX
88 GF Score
Price €21.00
GF Value €27.58
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Capsensixx AG Operating Income?

Capsensixx AG FRA:CPX 88 Operating Income is €10.0 Mil as of Dec. 2025. GuruFocus rates FRA:CPX with a GF Score™ of 88/100 and a GF Value™ of €27.58 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Capsensixx AG's Operating Income for the six months ended in Dec. 2025 was €5.8 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €10.0 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Capsensixx AG's Operating Income for the six months ended in Dec. 2025 was €5.8 Mil. Capsensixx AG's Revenue for the six months ended in Dec. 2025 was €118.1 Mil. Therefore, Capsensixx AG's Operating Margin % for the quarter that ended in Dec. 2025 was 4.95%.

Warning Sign:

Capsensixx AG operating margin has been in a 5-year decline. The average rate of decline per year is -2.1%.

Capsensixx AG's 5-Year average Growth Rate for Operating Margin % was -2.10% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Capsensixx AG's annualized ROC % for the quarter that ended in Dec. 2025 was 60.48%. Capsensixx AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 211.12%.


Capsensixx AG  (FRA:CPX) Operating Income Explanation

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

Capsensixx 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 )
=11.694 * ( 1 - 22.53% )/( (13.891 + 16.065)/ 2 )
=9.0593418/14.978
=60.48 %

where

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:

Capsensixx 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 )
=13.14/( ( (5.66 + max(1.676, 0)) + (5.112 + max(-2.199, 0)) )/ 2 )
=13.14/( ( 7.336 + 5.112 )/ 2 )
=13.14/6.224
=211.12 %

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)
=(15.702 + 0 + 2.899) - (12.841 + 0 + 4.084)
=1.676

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(45.229 + 0 + 0.67999999999999) - (44.384 + 0 + 3.724)
=-2.199

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 %:

Capsensixx 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 )
=5.847/118.078
=4.95 %

* 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.


Capsensixx AG Operating Income Related Terms


Capsensixx AG Operating Income Historical Data

* Premium members only.

The historical data trend for Capsensixx 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.

Capsensixx AG Operating Income Chart

Capsensixx 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 7.78 8.75 6.69 7.22 9.99

Capsensixx AG Semi-Annual Data
Dec15 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 3.20 3.83 3.38 4.14 5.85
FRA:CPX
88GF Score
Capsensixx AG FRA:CPX
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Capsensixx 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 €10.0 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 €10.0 Mil mean?
Capsensixx AG (FRA:CPX) has a Operating Income of €10.0 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Capsensixx AG and its competitors.
Is Capsensixx AG's Operating Income too high?
Capsensixx AG's current Operating Income is €10.0 Mil. Overall, Capsensixx AG has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Capsensixx AG's Operating Income compare to BLK and BX?
Capsensixx AG's Operating Income of €10.0 Mil can be compared against companies in the Asset Management 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 Asset Management company?
A good Operating Income depends on the Asset Management 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 Capsensixx AG and its competitors. Capsensixx AG's current Operating Income is €10.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capsensixx AG stock overvalued right now?
Based on GuruFocus' analysis, Capsensixx AG (FRA:CPX) is currently considered Modestly Undervalued. The stock's GF Value™ is €27.58, compared to a current price of €21.00 — trading 23.9% below its estimated fair value. The current Operating Income is €10.0 Mil. Capsensixx AG's overall GF Score™ is 88/100 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 Capsensixx AG (FRA:CPX), the current Operating Income is €10.0 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 Capsensixx AG (FRA:CPX) Overvalued in 2026?

Based on GuruFocus' analysis, Capsensixx AG stock appears to be undervalued. The current stock price of €21.00 is trading 23.9% below its estimated GF Value™ of €27.58. GuruFocus considers Capsensixx AG to be Modestly Undervalued.

Key valuation signals for FRA:CPX:

  • Operating Income: €10.0 Mil
  • GF Value™: €27.58 vs. price of €21.00 (23.9% below fair value)
  • GF Score™: 88/100 with 2 warning signs

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


Capsensixx AG Business Description

Other Exchanges CPX:Germany
Address Bettinastrasse 57-59, Frankfurt, DEU, D-60325
Capsensixx AG is a provider of financial administration as a service. The company is divided into two segments namely Funds management, Administration and Accounting Segment which includes fund management and fund accounting; and Securitisations which provides Advisory services in the field of financial engineering, securitisation and provision of director and administrative services to corporate clients in Luxembourg.
88GF Score

Get the complete analysis for FRA:CPX

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

€21.00
Price
€27.58
GF Value