Sectra AB (MIL:1SECT) Operating Income: €65.3 Mil (TTM As of Apr. 2026)


MIL:1SECT Sectra AB MIL:1SECT
76 GF Score
Price €27.38
GF Value €28.93
Valuation Fairly Valued
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What is Sectra AB Operating Income?

Sectra AB MIL:1SECT 76 Operating Income is €65.3 Mil as of Apr. 2026. GuruFocus rates MIL:1SECT with a GF Score™ of 76/100 and a GF Value™ of €28.93 (Fairly Valued).

Sectra AB's Operating Income for the three months ended in Apr. 2026 was €19.3 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was €65.3 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Sectra AB's Operating Income for the three months ended in Apr. 2026 was €19.3 Mil. Sectra AB's Revenue for the three months ended in Apr. 2026 was €95.3 Mil. Therefore, Sectra AB's Operating Margin % for the quarter that ended in Apr. 2026 was 20.24%.

Sectra AB's 5-Year average Growth Rate for Operating Margin % was -0.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sectra AB's annualized ROC % for the quarter that ended in Apr. 2026 was 19.68%. Sectra AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 228.55%.


Sectra AB  (MIL:1SECT) Operating Income Explanation

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

Sectra AB's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2026 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=77.156 * ( 1 - 28.71% )/( (270.592 + 288.293)/ 2 )
=55.0045124/279.4425
=19.68 %

where

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

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

Sectra AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=77.156/( ( (34.259 + max(-99.498, 0)) + (33.26 + max(-128.691, 0)) )/ 2 )
=77.156/( ( 34.259 + 33.26 )/ 2 )
=77.156/33.7595
=228.55 %

where Working Capital is:

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(67.343 + 0 + 15.65) - (0 + 0 + 182.491)
=-99.498

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(66.629 + 0 + 6.728) - (0 + 0 + 202.048)
=-128.691

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2026) EBIT data.

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

Sectra AB's Operating Margin % for the quarter that ended in Apr. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=19.289/95.307
=20.24 %

* 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.


Sectra AB Operating Income Related Terms


Sectra AB Operating Income Historical Data

* Premium members only.

The historical data trend for Sectra AB'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.

Sectra AB Operating Income Chart

Sectra AB Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.14 40.16 45.09 65.87 65.55

Sectra AB Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 18.12 10.61 17.19 18.17 19.29
MIL:1SECT
76GF Score
Sectra AB MIL:1SECT
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Sectra AB 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 Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €65.3 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 €65.3 Mil mean?
Sectra AB (MIL:1SECT) has a Operating Income of €65.3 Mil as of Apr. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Sectra AB and its competitors.
Is Sectra AB's Operating Income too high?
Sectra AB's current Operating Income is €65.3 Mil. Overall, Sectra AB has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Sectra AB's Operating Income compare to ABT and SYK?
Sectra AB's Operating Income of €65.3 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Operating Income depends on the Medical Devices & Instruments 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 Sectra AB and its competitors. Sectra AB's current Operating Income is €65.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sectra AB stock overvalued right now?
Based on GuruFocus' analysis, Sectra AB (MIL:1SECT) is currently considered Fairly Valued. The stock's GF Value™ is €28.93, compared to a current price of €27.38 — trading 5.4% below its estimated fair value. The current Operating Income is €65.3 Mil. Sectra AB's overall GF Score™ is 76/100. 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 Sectra AB (MIL:1SECT), the current Operating Income is €65.3 Mil as of Apr. 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 Sectra AB (MIL:1SECT) Overvalued in 2026?

Based on GuruFocus' analysis, Sectra AB stock appears to be undervalued. The current stock price of €27.38 is trading 5.4% below its estimated GF Value™ of €28.93. GuruFocus considers Sectra AB to be Fairly Valued.

Key valuation signals for MIL:1SECT:

  • Operating Income: €65.3 Mil
  • GF Value™: €28.93 vs. price of €27.38 (5.4% below fair value)
  • GF Score™: 76/100

No single metric tells the full story. See the MIL:1SECT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sectra AB Business Description

Address Teknikringen 20, Linkoping, SWE, 583 30
Sectra AB develops IT solutions and services for storing, viewing, and working with medical images. The operating business segments are Imaging IT Solutions, Secure Communications, Business Innovation, and Other Operations. It generates maximum revenue from the Imaging IT Solutions segment. The company also offers maintenance in the form of support, system monitoring, and consulting services related to integration, system design, data migration, and business development. Geographically, it derives a majority of its revenue from the United States, followed by Sweden, the United Kingdom, the Netherlands, the Rest of Europe, and the Rest of the world.
76GF Score

Get the complete analysis for MIL:1SECT

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

€27.38
Price
€28.93
GF Value