Resilient REIT (FRA:R1LA) Operating Income: €119.5 Mil (TTM As of Jun. 2026)

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FRA:R1LA Resilient REIT Ltd FRA:R1LA
73 GF Score
Price €3.92
GF Value €3.30
! 11 Warning Signs
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What is Resilient REIT Operating Income?

Resilient REIT FRA:R1LA -2.49% 73 Operating Income is €119.5 Mil as of Jun. 2026. GuruFocus rates FRA:R1LA with a GF Score™ of 73/100 and a GF Value™ of €3.30. The stock has 11 warning signs investors should review.

Resilient REIT's Operating Income for the six months ended in Jun. 2026 was €61.7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was €119.5 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Resilient REIT's Operating Income for the six months ended in Jun. 2026 was €61.7 Mil. Resilient REIT's Revenue for the six months ended in Jun. 2026 was €105.6 Mil. Therefore, Resilient REIT's Operating Margin % for the quarter that ended in Jun. 2026 was 58.45%.

Warning Sign:

Resilient REIT Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -1.3%.

Resilient REIT's 5-Year average Growth Rate for Operating Margin % was -1.30% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Resilient REIT's annualized ROC % for the quarter that ended in Jun. 2026 was 5.13%. Resilient REIT's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was %.


Resilient REIT  (FRA:R1LA) Operating Income Explanation

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

Resilient REIT'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: Dec. 2025 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=123.438 * ( 1 - 6.32% )/( (2248.233 + 2256.3)/ 2 )
=115.6367184/2252.2665
=5.13 %

where

Note: The Operating Income data used here is two times the semi-annual (Jun. 2026) data.

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

Resilient REIT'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: Dec. 2025  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=168.196/( ( (0 + max(-27.582, 0)) + (0 + max(-21.693, 0)) )/ 2 )
=168.196/( ( 0 + 0 )/ 2 )
=168.196/0
= %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.65 + 0 + 4.502) - (4.157 + 0 + 28.577)
=-27.582

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.07 + 0 + 1.673) - (33.218 + 0 + 1.218)
=-21.693

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2026) EBIT data.

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

Resilient REIT'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 )
=61.719/105.585
=58.45 %

* 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.


Resilient REIT Operating Income Related Terms


Resilient REIT Operating Income Historical Data

* Premium members only.

The historical data trend for Resilient REIT'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.

Resilient REIT Operating Income Chart

Resilient REIT Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 99.45 109.39 95.35 110.51 115.16

Resilient REIT Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 52.23 56.20 55.00 57.80 61.72
FRA:R1LA
73GF Score
Resilient REIT Ltd FRA:R1LA
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Resilient REIT 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 semi-annually data reported by the company within the most recent 12 months, which was €119.5 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 €119.5 Mil mean?
Resilient REIT (FRA:R1LA) has a Operating Income of €119.5 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Resilient REIT and its competitors.
Is Resilient REIT's Operating Income too high?
Resilient REIT's current Operating Income is €119.5 Mil. Overall, Resilient REIT has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does Resilient REIT's Operating Income compare to SPG and O?
Resilient REIT's Operating Income of €119.5 Mil can be compared against companies in the REITs 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 REITs company?
A good Operating Income depends on the REITs 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 Resilient REIT and its competitors. Resilient REIT's current Operating Income is €119.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Resilient REIT stock overvalued right now?
Resilient REIT (FRA:R1LA) has a current Operating Income of €119.5 Mil. The stock's GF Value™ is €3.30, compared to a current price of €3.92 — trading 18.8% above its estimated fair value. The current Operating Income is €119.5 Mil. Resilient REIT's overall GF Score™ is 73/100 with 11 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 Resilient REIT (FRA:R1LA), the current Operating Income is €119.5 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 Resilient REIT (FRA:R1LA) Overvalued in 2026?

Based on GuruFocus' analysis, Resilient REIT stock appears to be overvalued. The current stock price of €3.92 is trading 18.8% above its estimated GF Value™ of €3.30.

Key valuation signals for FRA:R1LA:

  • Operating Income: €119.5 Mil
  • GF Value™: €3.30 vs. price of €3.92 (18.8% above fair value)
  • GF Score™: 73/100 with 11 warning signs

No single metric tells the full story. See the FRA:R1LA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Resilient REIT Business Description

Industry Real EstateREITs
Other Exchanges RES:South Africa
Address Rivonia Boulevard, 4th Floor, Rivonia Village, Rivonia, Johannesburg, GT, ZAF, 2191
Resilient REIT Ltd is a South Africa-based real estate investment trust. The company's portfolio consists of regional shopping malls tenanted by national retailers. Resilient's properties are mostly located in nonmetropolitan areas, including Limpopo, Gauteng, Mpumalanga, Northern Cape, and KwaZulu-Natal. The company operates through two segments: Corporate and Retail. The company further divides the segments geographically into South Africa, Portugal, and Nigeria with the South Africa segment generating the majority of total revenue. Resilient internally manages its assets, and outsources the property management to third-party companies.
73GF Score

Get the complete analysis for FRA:R1LA

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

€3.92
Price
€3.30
GF Value