Eqva ASA (LTS:0QWR) Operating Income: kr39 Mil (TTM As of Mar. 2026)

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LTS:0QWR Eqva ASA LTS:0QWR
54 GF Score
Price kr3.19
GF Value kr5.78
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Eqva ASA Operating Income?

Eqva ASA LTS:0QWR 54 Operating Income is kr39 Mil as of Mar. 2026. GuruFocus rates LTS:0QWR with a GF Score™ of 54/100 and a GF Value™ of kr5.78 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Eqva ASA's Operating Income for the three months ended in Mar. 2026 was kr0 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was kr39 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Eqva ASA's Operating Income for the three months ended in Mar. 2026 was kr0 Mil. Eqva ASA's Revenue for the three months ended in Mar. 2026 was kr370 Mil. Therefore, Eqva ASA's Operating Margin % for the quarter that ended in Mar. 2026 was 0.11%.

Eqva ASA'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. Eqva ASA's annualized ROC % for the quarter that ended in Mar. 2026 was 0.19%. Eqva ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.76%.


Eqva ASA  (LTS:0QWR) Operating Income Explanation

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

Eqva ASA'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 )
=1.6 * ( 1 - 0% )/( (937.644 + 791.6)/ 2 )
=1.6/864.622
=0.19 %

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))
=1123.938 - 174.784 - ( 126.614 - max(0, 474.415 - 485.925+126.614))
=937.644

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

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

Eqva ASA'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 )
=1.6/( ( (216.551 + max(-64.539, 0)) + (207 + max(-4.2, 0)) )/ 2 )
=1.6/( ( 216.551 + 207 )/ 2 )
=1.6/211.7755
=0.76 %

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)
=(223.017 + 16.011 + 41.869) - (174.784 + 0 + 170.652)
=-64.539

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(250.5 + 16.6 + 0.10000000000002) - (139.2 + 0 + 132.2)
=-4.2

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 %:

Eqva ASA'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 )
=0.4/370.4
=0.11 %

* 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.


Eqva ASA Operating Income Related Terms


Eqva ASA Operating Income Historical Data

* Premium members only.

The historical data trend for Eqva ASA'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.

Eqva ASA Operating Income Chart

Eqva ASA 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 51.49 -28.95 10.48 63.90 48.85

Eqva ASA Quarterly Data
Jun20 Sep20 Dec20 Jun21 Dec21 Jun22 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 12.00 11.34 17.12 10.50 0.40
LTS:0QWR
54GF Score
Eqva ASA LTS:0QWR
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Eqva ASA 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 kr39 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 kr39 Mil mean?
Eqva ASA (LTS:0QWR) has a Operating Income of kr39 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Eqva ASA and its competitors.
Is Eqva ASA's Operating Income too high?
Eqva ASA's current Operating Income is kr39 Mil. Overall, Eqva ASA has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Eqva ASA's Operating Income compare to competitors?
Eqva ASA's Operating Income of kr39 Mil can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Operating Income depends on the Utilities - Independent Power Producers 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 Eqva ASA and its competitors. Eqva ASA's current Operating Income is kr39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eqva ASA stock overvalued right now?
Based on GuruFocus' analysis, Eqva ASA (LTS:0QWR) is currently considered Significantly Undervalued. The stock's GF Value™ is kr5.78, compared to a current price of kr3.19 — trading 44.8% below its estimated fair value. The current Operating Income is kr39 Mil. Eqva ASA's overall GF Score™ is 54/100 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 Eqva ASA (LTS:0QWR), the current Operating Income is kr39 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 Eqva ASA (LTS:0QWR) Overvalued in 2026?

Based on GuruFocus' analysis, Eqva ASA stock appears to be undervalued. The current stock price of kr3.19 is trading 44.8% below its estimated GF Value™ of kr5.78. GuruFocus considers Eqva ASA to be Significantly Undervalued.

Key valuation signals for LTS:0QWR:

  • Operating Income: kr39 Mil
  • GF Value™: kr5.78 vs. price of kr3.19 (44.8% below fair value)
  • GF Score™: 54/100 with 3 warning signs

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


Eqva ASA Business Description

Address Handelandsvegen 75, Valen, NOR, 5451
Eqva ASA is a Norway-based industrial investment company that acquires and develops companies providing productive, safe, and sustainable services and solutions to industrial customers. The Group operates through three main business segments: Industrial Solutions, Renewables, and Real Estate. The Industrial Solutions segment, which generates the majority of revenue, provides mechanical and electrical industrial services through companies including BKS Group, IMTAS Group, Austevoll Rorteknikk, and Kvinnherad Elektro. The Renewables segment develops and operates small-scale hydropower plants in Norway through Fossberg Kraft. The Real Estate segment includes the Group's real estate properties and development plans.
54GF Score

Get the complete analysis for LTS:0QWR

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

kr3.19
Price
kr5.78
GF Value