FURCF (Forvia SE) Operating Income: $1,282 Mil (TTM As of Dec. 2025)

What is Forvia SE Operating Income?

Forvia SE FURCF 69 Operating Income is $1,282 Mil as of Dec. 2025. GuruFocus rates FURCF with a GF Score™ of 69/100 and a GF Value™ of $11.61 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Forvia SE's Operating Income for the six months ended in Dec. 2025 was $556 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $1,282 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Forvia SE's Operating Income for the six months ended in Dec. 2025 was $556 Mil. Forvia SE's Revenue for the six months ended in Dec. 2025 was $9,215 Mil. Therefore, Forvia SE's Operating Margin % for the quarter that ended in Dec. 2025 was 6.03%.

Good Sign:

Forvia SE operating margin is expanding. Margin expansion is usually a good sign.

Forvia SE's 5-Year average Growth Rate for Operating Margin % was 12.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Forvia SE's annualized ROC % for the quarter that ended in Dec. 2025 was 5.17%. Forvia SE's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -35.94%.

Forvia SE (OTCPK:FURCF) Operating Income Explanation

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

Forvia SE'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 )
=	1111.008 * ( 1 - 0% )	/	( (22150.288	+	20831.85)	/ 2 )
=	1111.008	/	21491.069
=	5.17 %

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	))
=	33386.621	-	11607.036	-	( 5077.509	-	max(0, 15071.626	-	14700.923	+	5077.509	))
=	22150.288

	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	))
=	30838.759	-	8889.344	-	( 4587.939	-	max(0, 15220.023	-	16337.588	+	4587.939	))
=	20831.85

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:

Forvia SE'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 )
=	-1994.38	/	( ( (6133.91 + max(-6190.773, 0))	+	(4964.871 + max(-2519.085, 0)) )	/	2 )
=	-1994.38	/	( ( 6133.91	+	4964.871 )	/	2 )
=	-1994.38	/	5549.3905
=	-35.94 %

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)
=	(4598.039	+	2797.924	+	0)	-	(11607.036	+	0	+	1979.7)
=	-6190.773

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3332.436	+	2344.379	+	5750.235)	-	(8889.344	+	0	+	5056.791)
=	-2519.085

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 %:

Forvia SE'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 )
	=	555.504	/	9214.988
	=	6.03 %

* 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.

Forvia SE Operating Income Related Terms

Forvia SE Operating Income Historical Data

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The historical data trend for Forvia SE's Operating Income can be seen below:

Forvia SE Operating Income Chart

Forvia SE Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Operating Income

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869.04

922.25

1,358.67

1,032.46

1,293.33

Forvia SE 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															729.23	653.39	396.86	726.76	555.50

69GF Score

Forvia SE FURCF

Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.

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Forvia SE 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 $1,282 Mil.

Frequently Asked Questions Learn more about Operating Income →

What does a Operating Income of $1,282 Mil mean?

Forvia SE (FURCF) has a Operating Income of $1,282 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Forvia SE and its competitors.

Is Forvia SE's Operating Income too high?

Forvia SE's current Operating Income is $1,282 Mil. Overall, Forvia SE has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Forvia SE's Operating Income compare to ORLY and AZO?

Forvia SE's Operating Income of $1,282 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 Forvia SE and its competitors. Forvia SE's current Operating Income is $1,282 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Forvia SE stock overvalued right now?

Based on GuruFocus' analysis, Forvia SE (FURCF) is currently considered Modestly Undervalued. The stock's GF Value™ is $11.61, compared to a current price of $9.77 — trading 15.8% below its estimated fair value. The current Operating Income is $1,282 Mil. Forvia SE's overall GF Score™ is 69/100 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 Forvia SE (FURCF), the current Operating Income is $1,282 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 Forvia SE (FURCF) Overvalued in 2026?

Based on GuruFocus' analysis, Forvia SE stock appears to be undervalued. The current stock price of $9.77 is trading 15.8% below its estimated GF Value™ of $11.61. GuruFocus considers Forvia SE to be Modestly Undervalued.

Key valuation signals for FURCF:

Operating Income: $1,282 Mil
GF Value™: $11.61 vs. price of $9.77 (15.8% below fair value)
GF Score™: 69/100 with 2 warning signs

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

Forvia SE Business Description

Industry Consumer Cyclical Vehicles & Parts

Comparable Companies XPAR:OPM XPAR:BUR XPAR:FR XPAR:AKW XPAR:ALDEL XPAR:ALATI XPAR:ALPVL XPAR:ALFOR ORLY TSE:5802 AZO TSE:6902 XKRX:012330 TSE:5108 XPAR:ML SHSE:600660 XTER:KBX TSX:MG XTER:CON NSE:MOTHERSON

Other Exchanges 1FRVIA:Italy FRVIAp:UK 0MGR:UK FRVIA:France FAU:Germany FRVIA:Austria

Address 23-27 avenue des Champs-Pierreux, Nanterre, FRA, 92000

Website https://www.forvia.com

Forvia SE provides automotive seating structures, vehicle interiors, and electrical parts for the automotive industry. Its business segments include Seating that designs and manufactures complete vehicle seats, seating frames and adjustment mechanisms; Interiors; Clean Mobility that designs and manufactures exhaust systems, solutions for fuel cell electric vehicles, and aftertreatment solutions for commercial vehicles; Electronics that designs and manufactures display technologies, driver assistance systems and cockpit electronics, which includes HELLA Electronics and Clarion Electronics; Lighting designs and manufactures lighting technologies; and Lifecycle solutions provides solutions extending the vehicle lifecycle as well as workshop equipment and special original equipment.

69GF Score

Get the complete analysis for FURCF

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

$9.77

Price

$11.61

GF Value

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