Luks Group (Vietnam Holdings) Co (FRA:LU4) Operating Income: €7.70 Mil (TTM As of Dec. 2025)

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FRA:LU4 Luks Group (Vietnam Holdings) Co Ltd FRA:LU4
43 GF Score
Price €0.09
GF Value €0.07
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Luks Group (Vietnam Holdings) Co Operating Income?

Luks Group (Vietnam Holdings) Co FRA:LU4 43 Operating Income is €7.70 Mil as of Dec. 2025. GuruFocus rates FRA:LU4 with a GF Score™ of 43/100 and a GF Value™ of €0.07 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Luks Group (Vietnam Holdings) Co's Operating Income for the six months ended in Dec. 2025 was €3.54 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was €7.70 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Luks Group (Vietnam Holdings) Co's Operating Income for the six months ended in Dec. 2025 was €3.54 Mil. Luks Group (Vietnam Holdings) Co's Revenue for the six months ended in Dec. 2025 was €18.46 Mil. Therefore, Luks Group (Vietnam Holdings) Co's Operating Margin % for the quarter that ended in Dec. 2025 was 19.16%.

Good Sign:

Luks Group (Vietnam Holdings) Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

Luks Group (Vietnam Holdings) Co's 5-Year average Growth Rate for Operating Margin % was 7.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Luks Group (Vietnam Holdings) Co's annualized ROC % for the quarter that ended in Dec. 2025 was 3.24%. Luks Group (Vietnam Holdings) Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -4.48%.

Luks Group (Vietnam Holdings) Co  (FRA:LU4) Operating Income Explanation

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

Luks Group (Vietnam Holdings) Co'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 )
=7.074 * ( 1 - 0% )/( (219.946 + 217.041)/ 2 )
=7.074/218.4935
=3.24 %

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))
=294.281 - 14.036 - ( 63.984 - max(0, 14.036 - 74.335+63.984))
=219.946

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))
=285.822 - 6.723 - ( 68.172 - max(0, 13.748 - 75.806+68.172))
=217.041

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:

Luks Group (Vietnam Holdings) Co'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 )
=-3.228/( ( (73.463 + max(-4.911, 0)) + (70.577 + max(-4.594, 0)) )/ 2 )
=-3.228/( ( 73.463 + 70.577 )/ 2 )
=-3.228/72.02
=-4.48 %

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)
=(4.504 + 4.622 + -0.0010000000000048) - (14.036 + 0 + 0)
=-4.911

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.842 + 3.643 + 0) - (6.723 + 0 + 4.356)
=-4.594

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 %:

Luks Group (Vietnam Holdings) Co'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 )
=3.537/18.464
=19.16 %

* 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.

Luks Group (Vietnam Holdings) Co Operating Income Related Terms

Luks Group (Vietnam Holdings) Co Operating Income Historical Data

* Premium members only.

The historical data trend for Luks Group (Vietnam Holdings) Co'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.

Luks Group (Vietnam Holdings) Co Operating Income Chart

Luks Group (Vietnam Holdings) Co 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 9.65 7.49 7.53 9.55 7.67

Luks Group (Vietnam Holdings) Co 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 3.95 4.94 4.45 4.16 3.54
FRA:LU4
43GF Score
Luks Group (Vietnam Holdings) Co Ltd FRA:LU4
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Luks Group (Vietnam Holdings) Co 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 €7.70 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 €7.70 Mil mean?
Luks Group (Vietnam Holdings) Co (FRA:LU4) has a Operating Income of €7.70 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Luks Group (Vietnam Holdings) Co and its competitors.
Is Luks Group (Vietnam Holdings) Co's Operating Income too high?
Luks Group (Vietnam Holdings) Co's current Operating Income is €7.70 Mil. Overall, Luks Group (Vietnam Holdings) Co has a GF Score™ of 43/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Luks Group (Vietnam Holdings) Co's Operating Income compare to CRH and VMC?
Luks Group (Vietnam Holdings) Co's Operating Income of €7.70 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good Operating Income depends on the Building Materials 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 Luks Group (Vietnam Holdings) Co and its competitors. Luks Group (Vietnam Holdings) Co's current Operating Income is €7.70 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luks Group (Vietnam Holdings) Co stock overvalued right now?
Based on GuruFocus' analysis, Luks Group (Vietnam Holdings) Co (FRA:LU4) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.07, compared to a current price of €0.09 — trading 21.4% above its estimated fair value. The current Operating Income is €7.70 Mil. Luks Group (Vietnam Holdings) Co's overall GF Score™ is 43/100 with 4 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 Luks Group (Vietnam Holdings) Co (FRA:LU4), the current Operating Income is €7.70 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 Luks Group (Vietnam Holdings) Co (FRA:LU4) Overvalued in 2026?

Based on GuruFocus' analysis, Luks Group (Vietnam Holdings) Co stock appears to be overvalued. The current stock price of €0.09 is trading 21.4% above its estimated GF Value™ of €0.07. GuruFocus considers Luks Group (Vietnam Holdings) Co to be Modestly Overvalued.

Key valuation signals for FRA:LU4:

  • Operating Income: €7.70 Mil
  • GF Value™: €0.07 vs. price of €0.09 (21.4% above fair value)
  • GF Score™: 43/100 with 4 warning signs

No single metric tells the full story. See the FRA:LU4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Luks Group (Vietnam Holdings) Co Business Description

Other Exchanges LKSGF:USA00366:Hong Kong
Address 39-41 Sheung Heung Road, 5th Floor, Cheong Wah Factory Building, Tokwawan, Kowloon, Hong Kong, HKG
Luks Group (Vietnam Holdings) Co Ltd, along with its subsidiaries, operates in the following reportable segments: Cement products, Property investment, Hotel operation, Property development, and Corporate and others. Maximum revenue is derived from the Property investment segment, which invests in industrial, commercial, and residential premises for rental income and provides property management and related services. The Cement products segment manufactures and sells cement products for use in the construction industry; the Hotel operation segment represents the Group's hotel business; and the Properties development business is engaged in the development and sale of properties. Geographically, the Group generates maximum revenue from Vietnam, followed by Hong Kong and the Chinese Mainland.
43GF Score

Get the complete analysis for FRA:LU4

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

€0.09
Price
€0.07
GF Value