INGEF (Ingenia Communities Group) Operating Income: $80.7 Mil (TTM As of Dec. 2025)

What is Ingenia Communities Group Operating Income?

Ingenia Communities Group INGEF 82 Operating Income is $80.7 Mil as of Dec. 2025. GuruFocus rates INGEF with a GF Score™ of 82/100 and a GF Value™ of $4.71 (Possible Value Trap). The stock has 10 warning signs investors should review.

Ingenia Communities Group's Operating Income for the six months ended in Dec. 2025 was $46.7 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $80.7 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Ingenia Communities Group's Operating Income for the six months ended in Dec. 2025 was $46.7 Mil. Ingenia Communities Group's Revenue for the six months ended in Dec. 2025 was $169.5 Mil. Therefore, Ingenia Communities Group's Operating Margin % for the quarter that ended in Dec. 2025 was 27.57%.

Warning Sign:

Ingenia Communities Group operating margin has been in a 5-year decline. The average rate of decline per year is -3.2%.

Ingenia Communities Group's 5-Year average Growth Rate for Operating Margin % was -3.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ingenia Communities Group's annualized ROC % for the quarter that ended in Dec. 2025 was 4.29%. Ingenia Communities Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 1,639.91%.

Ingenia Communities Group (OTCPK:INGEF) Operating Income Explanation

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

Ingenia Communities Group'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 )
=	93.476 * ( 1 - 18.17% )	/	( (1705.649	+	1861.236)	/ 2 )
=	76.4914108	/	1783.4425
=	4.29 %

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	))
=	1775.98	-	73.737	-	( 8.855	-	max(0, 81.332	-	77.926	+	8.855	))
=	1705.649

	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	))
=	1943.771	-	79.587	-	( 9.35	-	max(0, 87.322	-	90.27	+	9.35	))
=	1861.236

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:

Ingenia Communities Group'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 )
=	180.694	/	( ( (11.008 + max(-11.007, 0))	+	(11.029 + max(-3.51, 0)) )	/	2 )
=	180.694	/	( ( 11.008	+	11.029 )	/	2 )
=	180.694	/	11.0185
=	1,639.91 %

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)
=	(3.772	+	54.044	+	9.5)	-	(73.737	+	0	+	4.586)
=	-11.007

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(16.955	+	61.836	+	2.129)	-	(79.587	+	0	+	4.843)
=	-3.51

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 %:

Ingenia Communities Group'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 )
	=	46.738	/	169.514
	=	27.57 %

* 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.

Ingenia Communities Group Operating Income Related Terms

Ingenia Communities Group Operating Income Historical Data

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The historical data trend for Ingenia Communities Group's Operating Income can be seen below:

Ingenia Communities Group Operating Income Chart

Ingenia Communities Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

Operating Income

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67.45

63.83

67.32

77.99

82.58

Ingenia Communities Group 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															34.25	44.00	47.25	34.01	46.74

82GF Score

Ingenia Communities Group INGEF

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Ingenia Communities Group 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 $80.7 Mil.

Frequently Asked Questions Learn more about Operating Income →

What does a Operating Income of $80.7 Mil mean?

Ingenia Communities Group (INGEF) has a Operating Income of $80.7 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Ingenia Communities Group and its competitors.

Is Ingenia Communities Group's Operating Income too high?

Ingenia Communities Group's current Operating Income is $80.7 Mil. Overall, Ingenia Communities Group has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Ingenia Communities Group's Operating Income compare to AVB and EQR?

Ingenia Communities Group's Operating Income of $80.7 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 Ingenia Communities Group and its competitors. Ingenia Communities Group's current Operating Income is $80.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Ingenia Communities Group stock overvalued right now?

Based on GuruFocus' analysis, Ingenia Communities Group (INGEF) is currently considered Possible Value Trap. The stock's GF Value™ is $4.71, compared to a current price of $2.88 — trading 39% below its estimated fair value. The current Operating Income is $80.7 Mil. Ingenia Communities Group's overall GF Score™ is 82/100 with 10 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 Ingenia Communities Group (INGEF), the current Operating Income is $80.7 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 Ingenia Communities Group (INGEF) Overvalued in 2026?

Based on GuruFocus' analysis, Ingenia Communities Group stock appears to be undervalued. The current stock price of $2.88 is trading 39% below its estimated GF Value™ of $4.71. GuruFocus considers Ingenia Communities Group to be Possible Value Trap.

Key valuation signals for INGEF:

Operating Income: $80.7 Mil
GF Value™: $4.71 vs. price of $2.88 (39% below fair value)
GF Score™: 82/100 with 10 warning signs

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

Ingenia Communities Group Business Description

Industry Real Estate REITs

Comparable Companies ASX:URF AVB EQR ESS INVH MAA SUI UDR ELS AMH CPT JAN MRP DFM:DUBAIRESI IRT TSX:CAR.UN TSE:3269 XPAR:ALTA TSX:BEI.UN TSE:3226

Other Exchanges INA:Australia

Address 20 Bond Street, Level 10, Sydney, NSW, AUS, 2000

Website https://www.ingeniacommunities.com.au

Ingenia Communities is an Australian real estate investment trust with a property portfolio capitalizing on tourism, retirement, and low-cost housing needs. The largest and fastest growing source of income is the firm's land-lease communities targeted at the over-55s. This business constructs and sells the houses and collects rental income from the land. Additional rental and fee income are generated from housing communities and holiday parks. Its assets are situated in Australia's eastern states, with a focus on coastal and outer metropolitan regions.

82GF Score

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

$2.88

Price

$4.71

GF Value

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