HOFBF (Hofseth BioCare ASA) Operating Income: $-11.74 Mil (TTM As of Mar. 2026)

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HOFBF Hofseth BioCare ASA HOFBF
51 GF Score
Price $0.17
GF Value $0.26
! 6 Warning Signs
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What is Hofseth BioCare ASA Operating Income?

Hofseth BioCare ASA HOFBF 51 Operating Income is $-11.74 Mil as of Mar. 2026. GuruFocus rates HOFBF with a GF Score™ of 51/100 and a GF Value™ of $0.26. The stock has 6 warning signs investors should review.

Hofseth BioCare ASA's Operating Income for the three months ended in Mar. 2026 was $-3.48 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $-11.74 Mil.

Warning Sign:

Hofseth BioCare ASA has never been profitable in the past 3 years. It lost money every year.

Operating Margin % is calculated as Operating Income divided by its Revenue. Hofseth BioCare ASA's Operating Income for the three months ended in Mar. 2026 was $-3.48 Mil. Hofseth BioCare ASA's Revenue for the three months ended in Mar. 2026 was $5.12 Mil. Therefore, Hofseth BioCare ASA's Operating Margin % for the quarter that ended in Mar. 2026 was -67.94%.

Good Sign:

Hofseth BioCare ASA operating margin is expanding. Margin expansion is usually a good sign.

Hofseth BioCare ASA's 5-Year average Growth Rate for Operating Margin % was 23.60% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hofseth BioCare ASA's annualized ROC % for the quarter that ended in Mar. 2026 was -36.21%. Hofseth BioCare ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -80.86%.


Hofseth BioCare ASA  (OTCPK:HOFBF) Operating Income Explanation

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

Hofseth BioCare ASA'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: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-13.92 * ( 1 - 0% )/( (36.927 + 39.952)/ 2 )
=-13.92/38.4395
=-36.21 %

where

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

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

Hofseth BioCare ASA'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: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-12.152/( ( (14.538 + max(-1.643, 0)) + (15.518 + max(-4.169, 0)) )/ 2 )
=-12.152/( ( 14.538 + 15.518 )/ 2 )
=-12.152/15.028
=-80.86 %

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)
=(2.129 + 5.919 + 1.18) - (9.942 + 0 + 0.929)
=-1.643

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.058 + 6.253 + 0.723) - (11.23 + 0 + 1.973)
=-4.169

When net working capital is negative, 0 is used.

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

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

Hofseth BioCare ASA'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 )
=-3.48/5.122
=-67.94 %

* 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.


Hofseth BioCare ASA Operating Income Related Terms


Hofseth BioCare ASA Operating Income Historical Data

* Premium members only.

The historical data trend for Hofseth BioCare ASA'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.

Hofseth BioCare ASA Operating Income Chart

Hofseth BioCare ASA 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 -13.20 -13.02 -11.96 -10.09 -11.11

Hofseth BioCare ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 -2.76 -1.48 -3.08 -3.70 -3.48
HOFBF
51GF Score
Hofseth BioCare ASA HOFBF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Hofseth BioCare ASA 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 quarterly data reported by the company within the most recent 12 months, which was $-11.74 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 $-11.74 Mil mean?
Hofseth BioCare ASA (HOFBF) has a Operating Income of $-11.74 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Hofseth BioCare ASA and its competitors.
Is Hofseth BioCare ASA's Operating Income too high?
Hofseth BioCare ASA's current Operating Income is $-11.74 Mil. Overall, Hofseth BioCare ASA has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Hofseth BioCare ASA's Operating Income compare to KHC and GIS?
Hofseth BioCare ASA's Operating Income of $-11.74 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Operating Income depends on the Consumer Packaged Goods 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 Hofseth BioCare ASA and its competitors. Hofseth BioCare ASA's current Operating Income is $-11.74 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hofseth BioCare ASA stock overvalued right now?
Hofseth BioCare ASA (HOFBF) has a current Operating Income of $-11.74 Mil. The stock's GF Value™ is $0.26, compared to a current price of $0.17 — trading 35.9% below its estimated fair value. The current Operating Income is $-11.74 Mil. Hofseth BioCare ASA's overall GF Score™ is 51/100 with 6 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 Hofseth BioCare ASA (HOFBF), the current Operating Income is $-11.74 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 Hofseth BioCare ASA (HOFBF) Overvalued in 2026?

Based on GuruFocus' analysis, Hofseth BioCare ASA stock appears to be undervalued. The current stock price of $0.17 is trading 35.9% below its estimated GF Value™ of $0.26.

Key valuation signals for HOFBF:

  • Operating Income: $-11.74 Mil
  • GF Value™: $0.26 vs. price of $0.17 (35.9% below fair value)
  • GF Score™: 51/100 with 6 warning signs

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


Hofseth BioCare ASA Business Description

Address Keiser Wilhelmsgate 24, Aalesund, NOR, 6003
Hofseth BioCare ASA is a Norway-based company engaged in the business of developing, manufacturing, marketing, and selling marine ingredients such as oil, calcium, and protein products. Its brands, which also generate revenue, include salmon oil (OmeGo), water-soluble protein (ProGo), calcium/collagen (CalGo and NT-II), and non-soluble protein (PetGo), all of which are produced in the Midsund plant. The firm sells its products to various segments of the human nutrition market, such as sports nutrition, supplements, and health foods, as well as to the market within nutrition for the pet and feed industry. Geographically, the company generates maximum revenue from Europe, followed by North America and Asia.
51GF Score

Get the complete analysis for HOFBF

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

$0.17
Price
$0.26
GF Value