VIGO Photonics (LTS:0R4B) Operating Income: zł-17.37 Mil (TTM As of Mar. 2026)

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LTS:0R4B VIGO Photonics SA LTS:0R4B
87 GF Score
Price zł719.52
GF Value zł912.39
! 3 Warning Signs
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What is VIGO Photonics Operating Income?

VIGO Photonics LTS:0R4B 87 Operating Income is zł-17.37 Mil as of Mar. 2026. GuruFocus rates LTS:0R4B with a GF Score™ of 87/100 and a GF Value™ of zł912.39. The stock has 3 warning signs investors should review.

VIGO Photonics's Operating Income for the three months ended in Mar. 2026 was zł-1.71 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was zł-17.37 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. VIGO Photonics's Operating Income for the three months ended in Mar. 2026 was zł-1.71 Mil. VIGO Photonics's Revenue for the three months ended in Mar. 2026 was zł19.31 Mil. Therefore, VIGO Photonics's Operating Margin % for the quarter that ended in Mar. 2026 was -8.85%.

VIGO Photonics'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. VIGO Photonics's annualized ROC % for the quarter that ended in Mar. 2026 was -3.21%. VIGO Photonics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -5.45%.


VIGO Photonics  (LTS:0R4B) Operating Income Explanation

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

VIGO Photonics'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 )
=-6.832 * ( 1 - 0% )/( (201.566 + 224.246)/ 2 )
=-6.832/212.906
=-3.21 %

where

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

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

VIGO Photonics'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 )
=-7.052/( ( (102.37 + max(29.093, 0)) + (100.965 + max(26.273, 0)) )/ 2 )
=-7.052/( ( 131.463 + 127.238 )/ 2 )
=-7.052/129.3505
=-5.45 %

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)
=(21.781 + 16.542 + 5.477) - (6.265 + 0 + 8.442)
=29.093

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20.255 + 21.779 + 7.105427357601E-15) - (5.464 + 0 + 10.297)
=26.273

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 %:

VIGO Photonics'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 )
=-1.708/19.305
=-8.85 %

* 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.


VIGO Photonics Operating Income Related Terms


VIGO Photonics Operating Income Historical Data

* Premium members only.

The historical data trend for VIGO Photonics'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.

VIGO Photonics Operating Income Chart

VIGO Photonics 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 24.05 9.37 -7.24 -17.51 -15.92

VIGO Photonics 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 -0.26 -2.87 -1.78 -11.02 -1.71
LTS:0R4B
87GF Score
VIGO Photonics SA LTS:0R4B
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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VIGO Photonics 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 zł-17.37 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 zł-17.37 Mil mean?
VIGO Photonics (LTS:0R4B) has a Operating Income of zł-17.37 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on VIGO Photonics and its competitors.
Is VIGO Photonics' Operating Income too high?
VIGO Photonics' current Operating Income is zł-17.37 Mil. Overall, VIGO Photonics has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does VIGO Photonics' Operating Income compare to APH and GLW?
VIGO Photonics' Operating Income of zł-17.37 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Operating Income depends on the Hardware 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 VIGO Photonics and its competitors. VIGO Photonics's current Operating Income is zł-17.37 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIGO Photonics stock overvalued right now?
VIGO Photonics (LTS:0R4B) has a current Operating Income of zł-17.37 Mil. The stock's GF Value™ is zł912.39, compared to a current price of zł719.52 — trading 21.1% below its estimated fair value. The current Operating Income is zł-17.37 Mil. VIGO Photonics' overall GF Score™ is 87/100 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 VIGO Photonics (LTS:0R4B), the current Operating Income is zł-17.37 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 VIGO Photonics (LTS:0R4B) Overvalued in 2026?

Based on GuruFocus' analysis, VIGO Photonics stock appears to be undervalued. The current stock price of zł719.52 is trading 21.1% below its estimated GF Value™ of zł912.39.

Key valuation signals for LTS:0R4B:

  • Operating Income: zł-17.37 Mil
  • GF Value™: zł912.39 vs. price of zł719.52 (21.1% below fair value)
  • GF Score™: 87/100 with 3 warning signs

No single metric tells the full story. See the LTS:0R4B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


VIGO Photonics Business Description

Other Exchanges VGO:PolandJ8Z:Germany
Address 129/133 Poznanska Street, Ozarow Mazowiecki, POL, 05-850
VIGO Photonics SA is a manufacturer of uncooled infrared photon detectors. The detectors are used in the fields of Industry, Defense and Security, Environmental Protection, Healthcare, Transport, and Research & Development. The company's products include MCT Detectors, InAs Detectors, InAsSb Detectors, and Dedicated electronics. It has two operating segments: the Semiconductor modules segment and the Semiconductor materials segment.
87GF Score

Get the complete analysis for LTS:0R4B

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

zł719.52
Price
zł912.39
GF Value