KSTOF (Kistos Holdings) Operating Income: $-26.8 Mil (TTM As of Dec. 2025)


KSTOF Kistos Holdings PLC KSTOF
28 GF Score
Price $3.88
GF Value $1.86
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Kistos Holdings Operating Income?

Kistos Holdings KSTOF 28 Operating Income is $-26.8 Mil as of Dec. 2025. GuruFocus rates KSTOF with a GF Score™ of 28/100 and a GF Value™ of $1.86 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Kistos Holdings's Operating Income for the six months ended in Dec. 2025 was $-5.8 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $-26.8 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Kistos Holdings's Operating Income for the six months ended in Dec. 2025 was $-5.8 Mil. Kistos Holdings's Revenue for the six months ended in Dec. 2025 was $126.6 Mil. Therefore, Kistos Holdings's Operating Margin % for the quarter that ended in Dec. 2025 was -4.57%.

Kistos Holdings'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. Kistos Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was 0.00%. Kistos Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 1.70%.


Kistos Holdings  (OTCPK:KSTOF) Operating Income Explanation

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

Kistos Holdings'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 )
=-11.574 * ( 1 - 100% )/( (797.564 + 835.981)/ 2 )
=-0/816.7725
=0.00 %

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))
=933.203 - 51.756 - ( 83.883 - max(0, 103.045 - 213.724+83.883))
=797.564

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))
=911.821 - 105.628 - ( 117.324 - max(0, 291.125 - 261.337+117.324))
=835.981

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:

Kistos Holdings'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 )
=10.27/( ( (618.905 + max(17.31, 0)) + (572.099 + max(-21.716, 0)) )/ 2 )
=10.27/( ( 636.215 + 572.099 )/ 2 )
=10.27/604.157
=1.70 %

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)
=(1.049 + 18.082 + 100.378) - (51.756 + 0 + 50.443)
=17.31

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.624 + 26.685 + 98.146) - (105.628 + 0 + 44.543)
=-21.716

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 %:

Kistos Holdings'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 )
=-5.787/126.584
=-4.57 %

* 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.


Kistos Holdings Operating Income Related Terms


Kistos Holdings Operating Income Historical Data

* Premium members only.

The historical data trend for Kistos Holdings'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.

Kistos Holdings Operating Income Chart

Kistos Holdings Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
0.00 312.91 14.14 -46.28 -26.85

Kistos Holdings Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Operating Income Get a 7-Day Free Trial Premium Member Only -4.34 -15.86 -30.42 -21.06 -5.79
KSTOF
28GF Score
Kistos Holdings PLC KSTOF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Kistos Holdings 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 $-26.8 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 $-26.8 Mil mean?
Kistos Holdings (KSTOF) has a Operating Income of $-26.8 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Kistos Holdings and its competitors.
Is Kistos Holdings' Operating Income too high?
Kistos Holdings' current Operating Income is $-26.8 Mil. Overall, Kistos Holdings has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kistos Holdings' Operating Income compare to COP and EOG?
Kistos Holdings' Operating Income of $-26.8 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Operating Income depends on the Oil & Gas 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 Kistos Holdings and its competitors. Kistos Holdings's current Operating Income is $-26.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kistos Holdings stock overvalued right now?
Based on GuruFocus' analysis, Kistos Holdings (KSTOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.86, compared to a current price of $3.88 — trading 108.6% above its estimated fair value. The current Operating Income is $-26.8 Mil. Kistos Holdings' overall GF Score™ is 28/100 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 Kistos Holdings (KSTOF), the current Operating Income is $-26.8 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 Kistos Holdings (KSTOF) Overvalued in 2026?

Based on GuruFocus' analysis, Kistos Holdings stock appears to be overvalued. The current stock price of $3.88 is trading 108.6% above its estimated GF Value™ of $1.86. GuruFocus considers Kistos Holdings to be Significantly Overvalued.

Key valuation signals for KSTOF:

  • Operating Income: $-26.8 Mil
  • GF Value™: $1.86 vs. price of $3.88 (108.6% above fair value)
  • GF Score™: 28/100 with 3 warning signs

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


Kistos Holdings Business Description

Industry EnergyOil & Gas
Other Exchanges KIST:UKLU0:Germany
Address 3 St James's Square, 2nd Floor, London, GBR, SW1Y 4JU
Kistos Holdings PLC is established to create value for its investors through the acquisition and management of companies or businesses in the energy sector. Its principal area of activity is the acquisition and operation of companies or businesses in the energy sector, with a focus on upstream oil and gas activities. The company's reportable segments are; the Netherlands, comprising the production and sale of gas and other hydrocarbons in the Q10-A field and the related costs; the Norway segment comprises the production of oil from interests in the Balder and Ringhorne Ost fields offshore Norway; and the UK segment represents the production and sale of gas and other hydrocarbons from its interest in GLA and related costs.
28GF Score

Get the complete analysis for KSTOF

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

$3.88
Price
$1.86
GF Value