Trace SOP EOOD (LTS:0M7W) Operating Income: лв26.0 Mil (TTM As of Mar. 2026)

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LTS:0M7W Trace SOP EOOD LTS:0M7W
82 GF Score
Price лв3.96
GF Value лв5.15
! 9 Warning Signs
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What is Trace SOP EOOD Operating Income?

Trace SOP EOOD LTS:0M7W 82 Operating Income is лв26.0 Mil as of Mar. 2026. GuruFocus rates LTS:0M7W with a GF Score™ of 82/100 and a GF Value™ of лв5.15. The stock has 9 warning signs investors should review.

Trace SOP EOOD's Operating Income for the three months ended in Mar. 2026 was лв5.2 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was лв26.0 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Trace SOP EOOD's Operating Income for the three months ended in Mar. 2026 was лв5.2 Mil. Trace SOP EOOD's Revenue for the three months ended in Mar. 2026 was лв60.4 Mil. Therefore, Trace SOP EOOD's Operating Margin % for the quarter that ended in Mar. 2026 was 8.64%.

Warning Sign:

Trace SOP EOOD operating margin has been in a 5-year decline. The average rate of decline per year is -4.6%.

Trace SOP EOOD's 5-Year average Growth Rate for Operating Margin % was -4.60% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Trace SOP EOOD's annualized ROC % for the quarter that ended in Mar. 2026 was 5.27%. Trace SOP EOOD's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 30.00%.


Trace SOP EOOD  (LTS:0M7W) Operating Income Explanation

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

Trace SOP EOOD'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 )
=20.872 * ( 1 - 9.02% )/( (351.324 + 369.447)/ 2 )
=18.9893456/360.3855
=5.27 %

where

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))
=541.472 - 164.627 - ( 25.521 - max(0, 327.406 - 414.382+25.521))
=351.324

Invested Capital(Q: Mar. 2026 )
=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))
=545.131 - 164.116 - ( 11.568 - max(0, 330.137 - 419.336+11.568))
=369.447

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

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

Trace SOP EOOD'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 )
=19.436/( ( (65.563 + max(-69.043, 0)) + (64.001 + max(-62.212, 0)) )/ 2 )
=19.436/( ( 65.563 + 64.001 )/ 2 )
=19.436/64.782
=30.00 %

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)
=(100.784 + 90.205 + 3.144) - (164.627 + 0 + 98.549)
=-69.043

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(100.346 + 87.192 + 13.492) - (164.116 + 0 + 99.126)
=-62.212

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 %:

Trace SOP EOOD'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 )
=5.218/60.371
=8.64 %

* 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.


Trace SOP EOOD Operating Income Related Terms


Trace SOP EOOD Operating Income Historical Data

* Premium members only.

The historical data trend for Trace SOP EOOD'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.

Trace SOP EOOD Operating Income Chart

Trace SOP EOOD 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 12.64 7.75 25.28 52.09 25.42

Trace SOP EOOD 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 4.32 0.52 11.01 9.23 5.22
LTS:0M7W
82GF Score
Trace SOP EOOD LTS:0M7W
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Trace SOP EOOD 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 лв26.0 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 лв26.0 Mil mean?
Trace SOP EOOD (LTS:0M7W) has a Operating Income of лв26.0 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Trace SOP EOOD and its competitors.
Is Trace SOP EOOD's Operating Income too high?
Trace SOP EOOD's current Operating Income is лв26.0 Mil. Overall, Trace SOP EOOD has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Trace SOP EOOD's Operating Income compare to PWR and FIX?
Trace SOP EOOD's Operating Income of лв26.0 Mil can be compared against companies in the 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 Construction company?
A good Operating Income depends on the 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 Trace SOP EOOD and its competitors. Trace SOP EOOD's current Operating Income is лв26.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trace SOP EOOD stock overvalued right now?
Trace SOP EOOD (LTS:0M7W) has a current Operating Income of лв26.0 Mil. The stock's GF Value™ is лв5.15, compared to a current price of лв3.96 — trading 23.2% below its estimated fair value. The current Operating Income is лв26.0 Mil. Trace SOP EOOD's overall GF Score™ is 82/100 with 9 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 Trace SOP EOOD (LTS:0M7W), the current Operating Income is лв26.0 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 Trace SOP EOOD (LTS:0M7W) Overvalued in 2026?

Based on GuruFocus' analysis, Trace SOP EOOD stock appears to be undervalued. The current stock price of лв3.96 is trading 23.2% below its estimated GF Value™ of лв5.15.

Key valuation signals for LTS:0M7W:

  • Operating Income: лв26.0 Mil
  • GF Value™: лв5.15 vs. price of лв3.96 (23.2% below fair value)
  • GF Score™: 82/100 with 9 warning signs

No single metric tells the full story. See the LTS:0M7W stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Trace SOP EOOD Business Description

Other Exchanges T57:GermanyT57:Bulgaria
Address Ul. Nikola Obrazopisov № 12, Sofia, BGR, 1408
Trace SOP EOOD is engaged in construction and related activities. It performs major public projects in the field of infrastructure, environment, public works and hydro-technical construction, energy and building construction.
82GF Score

Get the complete analysis for LTS:0M7W

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

лв3.96
Price
лв5.15
GF Value