Springfield Properties (LSE:SPR) Operating Income: £24.4 Mil (TTM As of Nov. 2025)

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LSE:SPR Springfield Properties PLC LSE:SPR
54 GF Score
Price £0.95
GF Value £0.79
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Springfield Properties Operating Income?

Springfield Properties LSE:SPR -3.55% 54 Operating Income is £24.4 Mil as of Nov. 2025. GuruFocus rates LSE:SPR with a GF Score™ of 54/100 and a GF Value™ of £0.79 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Springfield Properties's Operating Income for the six months ended in Nov. 2025 was £5.6 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Nov. 2025 was £24.4 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Springfield Properties's Operating Income for the six months ended in Nov. 2025 was £5.6 Mil. Springfield Properties's Revenue for the six months ended in Nov. 2025 was £108.0 Mil. Therefore, Springfield Properties's Operating Margin % for the quarter that ended in Nov. 2025 was 5.19%.

Warning Sign:

Springfield Properties PLC operating margin has been in a 5-year decline. The average rate of decline per year is -1.6%.

Springfield Properties's 5-Year average Growth Rate for Operating Margin % was -1.60% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Springfield Properties's annualized ROC % for the quarter that ended in Nov. 2025 was 3.38%. Springfield Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2025 was 5.67%.


Springfield Properties  (LSE:SPR) Operating Income Explanation

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

Springfield Properties's annualized ROC % for the quarter that ended in Nov. 2025 is calculated as:

ROC % (Q: Nov. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: May. 2025 ) + Invested Capital (Q: Nov. 2025 ))/ count )
=11.22 * ( 1 - 23.23% )/( (262.361 + 247.384)/ 2 )
=8.613594/254.8725
=3.38 %

where

Note: The Operating Income data used here is two times the semi-annual (Nov. 2025) data.

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

Springfield Properties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Nov. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2025  Q: Nov. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=11.332/( ( (6.783 + max(180.18, 0)) + (6.391 + max(206.54, 0)) )/ 2 )
=11.332/( ( 186.963 + 212.931 )/ 2 )
=11.332/199.947
=5.67 %

where Working Capital is:

Working Capital(Q: May. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(24.115 + 223.892 + 0) - (27.888 + 0 + 39.939)
=180.18

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(45.445 + 236.469 + 5.6843418860808E-14) - (59.366 + 0 + 16.008)
=206.54

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Nov. 2025) EBIT data.

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

Springfield Properties's Operating Margin % for the quarter that ended in Nov. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Nov. 2025 )/Revenue (Q: Nov. 2025 )
=5.61/107.989
=5.19 %

* 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.


Springfield Properties Operating Income Related Terms


Springfield Properties Operating Income Historical Data

* Premium members only.

The historical data trend for Springfield Properties'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.

Springfield Properties Operating Income Chart

Springfield Properties Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.75 22.58 20.69 17.91 25.22

Springfield Properties Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 5.62 12.28 6.42 18.80 5.61
LSE:SPR
54GF Score
Springfield Properties PLC LSE:SPR
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Springfield Properties 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 Nov. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was £24.4 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 £24.4 Mil mean?
Springfield Properties (LSE:SPR) has a Operating Income of £24.4 Mil as of Nov. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Springfield Properties and its competitors.
Is Springfield Properties' Operating Income too high?
Springfield Properties' current Operating Income is £24.4 Mil. Overall, Springfield Properties has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Springfield Properties' Operating Income compare to DHI and PHM?
Springfield Properties' Operating Income of £24.4 Mil can be compared against companies in the Homebuilding & Construction 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 Homebuilding & Construction company?
A good Operating Income depends on the Homebuilding & Construction 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 Springfield Properties and its competitors. Springfield Properties's current Operating Income is £24.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Springfield Properties stock overvalued right now?
Based on GuruFocus' analysis, Springfield Properties (LSE:SPR) is currently considered Modestly Overvalued. The stock's GF Value™ is £0.79, compared to a current price of £0.95 — trading 20.3% above its estimated fair value. The current Operating Income is £24.4 Mil. Springfield Properties' overall GF Score™ is 54/100 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 Springfield Properties (LSE:SPR), the current Operating Income is £24.4 Mil as of Nov. 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 Springfield Properties (LSE:SPR) Overvalued in 2026?

Based on GuruFocus' analysis, Springfield Properties stock appears to be overvalued. The current stock price of £0.95 is trading 20.3% above its estimated GF Value™ of £0.79. GuruFocus considers Springfield Properties to be Modestly Overvalued.

Key valuation signals for LSE:SPR:

  • Operating Income: £24.4 Mil
  • GF Value™: £0.79 vs. price of £0.95 (20.3% above fair value)
  • GF Score™: 54/100 with 6 warning signs

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


Springfield Properties Business Description

Other Exchanges 9MZ:Germany
Address 8 Southfield Drive, Alexander Fleming House, Elgin, Morayshire, GBR, IV30 6GR
Springfield Properties PLC is a housebuilder focused on developing a mix of private and affordable housing in Scotland. The group focuses on sourcing land for private housing in areas with high growth potential and progressing those developments through the planning process. The company has one segment which is Housing building activity in the United Kingdom. It earns revenue from private residential properties, affordable housing, contact housing, land sales, and others.
54GF Score

Get the complete analysis for LSE:SPR

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

£0.95
Price
£0.79
GF Value