Inverfal Peru (LIM:INVFALC1) Operating Income: S/.552 Mil (TTM As of Dec. 2022)

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What is Inverfal Peru Operating Income?

Inverfal Peru LIM:INVFALC1 Operating Income is S/.552 Mil as of Dec. 2022.

Inverfal Peru's Operating Income for the three months ended in Dec. 2022 was S/.212 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2022 was S/.552 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Inverfal Peru's Operating Income for the three months ended in Dec. 2022 was S/.212 Mil. Inverfal Peru's Revenue for the three months ended in Dec. 2022 was S/.4,052 Mil. Therefore, Inverfal Peru's Operating Margin % for the quarter that ended in Dec. 2022 was 5.23%.

Inverfal Peru'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. Inverfal Peru's annualized ROC % for the quarter that ended in Dec. 2022 was 5.33%. Inverfal Peru's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was 18.87%.


Inverfal Peru  (LIM:INVFALC1) Operating Income Explanation

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

Inverfal Peru's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

ROC % (Q: Dec. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2022 ) + Invested Capital (Q: Dec. 2022 ))/ count )
=847.888 * ( 1 - 20.21% )/( (12808.87 + 12585.656)/ 2 )
=676.5298352/12697.263
=5.33 %

where

Invested Capital(Q: Sep. 2022 )
=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))
=14752.563 - 1552.531 - ( 3368.386 - max(0, 6143.307 - 6534.469+3368.386))
=12808.87

Invested Capital(Q: Dec. 2022 )
=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))
=14972.886 - 2084.218 - ( 3650.766 - max(0, 6393.99 - 6697.002+3650.766))
=12585.656

Note: The Operating Income data used here is four times the quarterly (Dec. 2022) data.

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

Inverfal Peru's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2022  Q: Dec. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=932.404/( ( (4925.412 + max(-2493.635, 0)) + (4957.774 + max(-2921.183, 0)) )/ 2 )
=932.404/( ( 4925.412 + 4957.774 )/ 2 )
=932.404/4941.593
=18.87 %

where Working Capital is:

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(60.082 + 2658.898 + 139.761) - (1552.531 + 0 + 3799.845)
=-2493.635

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(118.869 + 2528.913 + 100.217) - (2084.218 + 0 + 3584.964)
=-2921.183

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2022) EBIT data.

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

Inverfal Peru's Operating Margin % for the quarter that ended in Dec. 2022 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2022 )/Revenue (Q: Dec. 2022 )
=211.972/4052.222
=5.23 %

* 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.


Inverfal Peru Operating Income Related Terms


Inverfal Peru Operating Income Historical Data

* Premium members only.

The historical data trend for Inverfal Peru'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.

Inverfal Peru Operating Income Chart

Inverfal Peru Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Operating Income
51.05 166.02 589.81 552.02

Inverfal Peru Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 252.01 41.58 106.25 192.22 211.97

Inverfal Peru 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was S/.552 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 S/.552 Mil mean?
Inverfal Peru (LIM:INVFALC1) has a Operating Income of S/.552 Mil as of Dec. 2022. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Inverfal Peru and its competitors.
Is Inverfal Peru's Operating Income too high?
Inverfal Peru's current Operating Income is S/.552 Mil.
How does Inverfal Peru's Operating Income compare to CBRE and CSGP?
Inverfal Peru's Operating Income of S/.552 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Operating Income depends on the Retail - Cyclical 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 Inverfal Peru and its competitors. Inverfal Peru's current Operating Income is S/.552 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inverfal Peru stock overvalued right now?
Inverfal Peru (LIM:INVFALC1) has a current Operating Income of S/.552 Mil. The current Operating Income is S/.552 Mil. 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 Inverfal Peru (LIM:INVFALC1), the current Operating Income is S/.552 Mil as of Dec. 2022. 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.

Inverfal Peru Business Description

Address Av. Paseo de la Republica No. 3220, San Isidro, Lima, PER
Inverfal Peru SA invests and exploits real estate and commercial activities. The Company mainly maintains three differentiated business segments: Retail, Financial, Real estate and other services. The majority of its revenue is generated from the Retail segment which corresponds to the department stores of Saga Falabella S.A. and Saga Falabella Oriente S.A.C., to the supermarkets Hipermercados Tottus S.A. and Hipermercados Tottus Oriente S.A.C. and the home improvement stores Tiendas del Mejora del Hogar S.A. and Sodimac Peru Oriente S.A.C., located in Lima and provinces.