HKCIF (Hosken Consolidated Investments) Operating Income: $251 Mil (TTM As of Mar. 2026)

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HKCIF Hosken Consolidated Investments Ltd HKCIF
75 GF Score
Price $0.32
GF Value $0.36
! 4 Warning Signs
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What is Hosken Consolidated Investments Operating Income?

Hosken Consolidated Investments HKCIF 75 Operating Income is $251 Mil as of Mar. 2026. GuruFocus rates HKCIF with a GF Score™ of 75/100 and a GF Value™ of $0.36. The stock has 4 warning signs investors should review.

Hosken Consolidated Investments's Operating Income for the six months ended in Mar. 2026 was $132 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $251 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Hosken Consolidated Investments's Operating Income for the six months ended in Mar. 2026 was $132 Mil. Hosken Consolidated Investments's Revenue for the six months ended in Mar. 2026 was $721 Mil. Therefore, Hosken Consolidated Investments's Operating Margin % for the quarter that ended in Mar. 2026 was 18.28%.

Good Sign:

Hosken Consolidated Investments Ltd operating margin is expanding. Margin expansion is usually a good sign.

Hosken Consolidated Investments's 5-Year average Growth Rate for Operating Margin % was 3.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hosken Consolidated Investments's annualized ROC % for the quarter that ended in Mar. 2026 was 6.19%. Hosken Consolidated Investments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 22.86%.

Hosken Consolidated Investments  (OTCPK:HKCIF) Operating Income Explanation

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

Hosken Consolidated Investments's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=263.548 * ( 1 - 19.3% )/( (3359.938 + 3507.488)/ 2 )
=212.683236/3433.713
=6.19 %

where

Invested Capital(Q: Sep. 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))
=3678.255 - 163.763 - ( 190.758 - max(0, 318.109 - 472.663+190.758))
=3359.938

Invested Capital(Q: Mar. 2026 )
=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))
=3831.898 - 161.861 - ( 162.549 - max(0, 374.877 - 638.706+162.549))
=3507.488

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

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

Hosken Consolidated Investments's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=430.86/( ( (1671.229 + max(94.861, 0)) + (1725.585 + max(278.687, 0)) )/ 2 )
=430.86/( ( 1766.09 + 2004.272 )/ 2 )
=430.86/1885.181
=22.86 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(151.213 + 51.625 + 79.067) - (163.763 + 0 + 23.281)
=94.861

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(122.039 + 50.838 + 303.28) - (161.861 + 0 + 35.609)
=278.687

When net working capital is negative, 0 is used.

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

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

Hosken Consolidated Investments's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=131.774/720.928
=18.28 %

* 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.

Hosken Consolidated Investments Operating Income Related Terms

Hosken Consolidated Investments Operating Income Historical Data

* Premium members only.

The historical data trend for Hosken Consolidated Investments'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.

Hosken Consolidated Investments Operating Income Chart

Hosken Consolidated Investments Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 256.99 245.20 256.18 224.92 255.87

Hosken Consolidated Investments Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 129.50 117.43 111.79 119.29 131.77
HKCIF
75GF Score
Hosken Consolidated Investments Ltd HKCIF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Hosken Consolidated Investments 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 Mar. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $251 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 $251 Mil mean?
Hosken Consolidated Investments (HKCIF) has a Operating Income of $251 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Hosken Consolidated Investments and its competitors.
Is Hosken Consolidated Investments' Operating Income too high?
Hosken Consolidated Investments' current Operating Income is $251 Mil. Overall, Hosken Consolidated Investments has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Hosken Consolidated Investments' Operating Income compare to HON and MMM?
Hosken Consolidated Investments' Operating Income of $251 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Operating Income depends on the Conglomerates 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 Hosken Consolidated Investments and its competitors. Hosken Consolidated Investments's current Operating Income is $251 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hosken Consolidated Investments stock overvalued right now?
Hosken Consolidated Investments (HKCIF) has a current Operating Income of $251 Mil. The stock's GF Value™ is $0.36, compared to a current price of $0.32 — trading 11.5% below its estimated fair value. The current Operating Income is $251 Mil. Hosken Consolidated Investments' overall GF Score™ is 75/100 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 Hosken Consolidated Investments (HKCIF), the current Operating Income is $251 Mil as of Mar. 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 Hosken Consolidated Investments (HKCIF) Overvalued in 2026?

Based on GuruFocus' analysis, Hosken Consolidated Investments stock appears to be undervalued. The current stock price of $0.32 is trading 11.5% below its estimated GF Value™ of $0.36.

Key valuation signals for HKCIF:

  • Operating Income: $251 Mil
  • GF Value™: $0.36 vs. price of $0.32 (11.5% below fair value)
  • GF Score™: 75/100 with 4 warning signs

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

Hosken Consolidated Investments Business Description

Other Exchanges HCI:South Africa
Address 76 Regent Road, Suite 801, Sea Point, Cape Town, WC, ZAF, 8005
Hosken Consolidated Investments Ltd is an investment holdings company. The group is involved in a diverse group of investments including Media and broadcasting; Gaming; Transport; Properties; Coal mining; Branded products and manufacturing and other. It generates maximum revenue from the Branded products and manufacturing segment. Geographically, it operates in South Africa; Other African countries and Middle East; and Europe and United Kingdom.
75GF Score

Get the complete analysis for HKCIF

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

$0.32
Price
$0.36
GF Value