MagnaChip Semiconductor (FRA:SMG) Operating Income: €-31.9 Mil (TTM As of Jun. 2026)

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FRA:SMG MagnaChip Semiconductor Corp FRA:SMG
65 GF Score
Price €2.74
GF Value €3.50
Valuation Modestly Undervalued
! 3 Warning Signs
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What is MagnaChip Semiconductor Operating Income?

MagnaChip Semiconductor FRA:SMG +2.24% 65 Operating Income is €-31.9 Mil as of Jun. 2026. GuruFocus rates FRA:SMG with a GF Score™ of 65/100 and a GF Value™ of €3.50 (Modestly Undervalued). The stock has 3 warning signs investors should review.

MagnaChip Semiconductor's Operating Income for the three months ended in Jun. 2026 was €-8.7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was €-31.9 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. MagnaChip Semiconductor's Operating Income for the three months ended in Jun. 2026 was €-8.7 Mil. MagnaChip Semiconductor's Revenue for the three months ended in Jun. 2026 was €38.8 Mil. Therefore, MagnaChip Semiconductor's Operating Margin % for the quarter that ended in Jun. 2026 was -22.32%.

MagnaChip Semiconductor'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. MagnaChip Semiconductor's annualized ROC % for the quarter that ended in Jun. 2026 was -15.63%. MagnaChip Semiconductor's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -29.74%.


MagnaChip Semiconductor  (FRA:SMG) Operating Income Explanation

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

MagnaChip Semiconductor'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: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=-34.636 * ( 1 - 20.72% )/( (175.797 + 175.653)/ 2 )
=-27.4594208/175.725
=-15.63 %

where

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

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

MagnaChip Semiconductor'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: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-32.176/( ( (83.792 + max(23.635, 0)) + (81.302 + max(27.644, 0)) )/ 2 )
=-32.176/( ( 107.427 + 108.946 )/ 2 )
=-32.176/108.1865
=-29.74 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20.912 + 28.414 + 12.319) - (32.591 + 0 + 5.419)
=23.635

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20.648 + 29.63 + 12.602) - (29.99 + 0 + 5.246)
=27.644

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

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

MagnaChip Semiconductor'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 )
=-8.659/38.803
=-22.32 %

* 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.


MagnaChip Semiconductor Operating Income Related Terms


MagnaChip Semiconductor Operating Income Historical Data

* Premium members only.

The historical data trend for MagnaChip Semiconductor'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.

MagnaChip Semiconductor Operating Income Chart

MagnaChip Semiconductor 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 44.15 -1.84 -44.38 -23.29 -26.49

MagnaChip Semiconductor Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 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 -6.45 -6.43 -10.63 -6.20 -8.66
FRA:SMG
65GF Score
MagnaChip Semiconductor Corp FRA:SMG
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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MagnaChip Semiconductor 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 quarterly data reported by the company within the most recent 12 months, which was €-31.9 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 €-31.9 Mil mean?
MagnaChip Semiconductor (FRA:SMG) has a Operating Income of €-31.9 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on MagnaChip Semiconductor and its competitors.
Is MagnaChip Semiconductor's Operating Income too high?
MagnaChip Semiconductor's current Operating Income is €-31.9 Mil. Overall, MagnaChip Semiconductor has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MagnaChip Semiconductor's Operating Income compare to VLN and GCTS?
MagnaChip Semiconductor's Operating Income of €-31.9 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good Operating Income depends on the Semiconductors 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 MagnaChip Semiconductor and its competitors. MagnaChip Semiconductor's current Operating Income is €-31.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MagnaChip Semiconductor stock overvalued right now?
Based on GuruFocus' analysis, MagnaChip Semiconductor (FRA:SMG) is currently considered Modestly Undervalued. The stock's GF Value™ is €3.50, compared to a current price of €2.74 — trading 21.7% below its estimated fair value. The current Operating Income is €-31.9 Mil. MagnaChip Semiconductor's overall GF Score™ is 65/100 with 3 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 MagnaChip Semiconductor (FRA:SMG), the current Operating Income is €-31.9 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 MagnaChip Semiconductor (FRA:SMG) Overvalued in 2026?

Based on GuruFocus' analysis, MagnaChip Semiconductor stock appears to be undervalued. The current stock price of €2.74 is trading 21.7% below its estimated GF Value™ of €3.50. GuruFocus considers MagnaChip Semiconductor to be Modestly Undervalued.

Key valuation signals for FRA:SMG:

  • Operating Income: €-31.9 Mil
  • GF Value™: €3.50 vs. price of €2.74 (21.7% below fair value)
  • GF Score™: 65/100 with 3 warning signs

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


MagnaChip Semiconductor Business Description

Other Exchanges MX:USASMG:Germany
Address 76 Jikji-daero 436beon-gil, Heungdeok-gu, 15th Floor, Chungcheongbuk-do, Cheongju-si, KOR, 28581
MagnaChip Semiconductor Corp designs and manufactures analog and mixed-signal semiconductor platform solutions for communications, Internet of Things applications, consumer, industrial and automotive applications. The company's product portfolio consists of large display solutions, mobile display solutions, sensor solutions, LED solutions, mobile solutions, and power conversions. The Company operates within a single operating segment, Power Solutions business. The company operates in Korea, Asia Pacific (other than Korea), United States and Europe.
65GF Score

Get the complete analysis for FRA:SMG

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

€2.74
Price
€3.50
GF Value