Cairo Communication SpA (MIL:CAI) Operating Income: €104 Mil (TTM As of Mar. 2026)

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MIL:CAI Cairo Communication SpA MIL:CAI
68 GF Score
Price €2.35
GF Value €2.51
Valuation Fairly Valued
! 1 Warning Sign
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What is Cairo Communication SpA Operating Income?

Cairo Communication SpA MIL:CAI +0.21% 68 Operating Income is €104 Mil as of Mar. 2026. GuruFocus rates MIL:CAI with a GF Score™ of 68/100 and a GF Value™ of €2.51 (Fairly Valued). The stock has 1 warning sign investors should review.

Cairo Communication SpA's Operating Income for the three months ended in Mar. 2026 was €-3 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was €104 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Cairo Communication SpA's Operating Income for the three months ended in Mar. 2026 was €-3 Mil. Cairo Communication SpA's Revenue for the three months ended in Mar. 2026 was €230 Mil. Therefore, Cairo Communication SpA's Operating Margin % for the quarter that ended in Mar. 2026 was -1.18%.

Good Sign:

Cairo Communication SpA operating margin is expanding. Margin expansion is usually a good sign.

Cairo Communication SpA's 5-Year average Growth Rate for Operating Margin % was 37.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cairo Communication SpA's annualized ROC % for the quarter that ended in Mar. 2026 was -0.50%. Cairo Communication SpA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -10.06%.


Cairo Communication SpA  (MIL:CAI) Operating Income Explanation

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

Cairo Communication SpA'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 )
=-10.8 * ( 1 - 38% )/( (1408 + 1255.9)/ 2 )
=-6.696/1331.95
=-0.50 %

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:

Cairo Communication SpA'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 )
=-10.8/( ( (214.7 + max(-126.2, 0)) + (0 + max(0, 0)) )/ 2 )
=-10.8/( ( 214.7 + 0 )/ 2 )
=-10.8/107.35
=-10.06 %

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)
=(239.7 + 20.3 + 23.2) - (358.3 + 0 + 51.1)
=-126.2

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

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 %:

Cairo Communication SpA'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 )
=-2.7/229.6
=-1.18 %

* 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.


Cairo Communication SpA Operating Income Related Terms


Cairo Communication SpA Operating Income Historical Data

* Premium members only.

The historical data trend for Cairo Communication SpA'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.

Cairo Communication SpA Operating Income Chart

Cairo Communication SpA 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 65.30 21.90 91.80 111.70 104.40

Cairo Communication SpA 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 -1.80 27.10 21.90 57.20 -2.70
MIL:CAI
68GF Score
Cairo Communication SpA MIL:CAI
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Cairo Communication SpA 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 €104 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 €104 Mil mean?
Cairo Communication SpA (MIL:CAI) has a Operating Income of €104 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Cairo Communication SpA and its competitors.
Is Cairo Communication SpA's Operating Income too high?
Cairo Communication SpA's current Operating Income is €104 Mil. Overall, Cairo Communication SpA has a GF Score™ of 68/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cairo Communication SpA's Operating Income compare to NYT and WLY?
Cairo Communication SpA's Operating Income of €104 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Operating Income depends on the Media - Diversified 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 Cairo Communication SpA and its competitors. Cairo Communication SpA's current Operating Income is €104 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cairo Communication SpA stock overvalued right now?
Based on GuruFocus' analysis, Cairo Communication SpA (MIL:CAI) is currently considered Fairly Valued. The stock's GF Value™ is €2.51, compared to a current price of €2.35 — trading 6.6% below its estimated fair value. The current Operating Income is €104 Mil. Cairo Communication SpA's overall GF Score™ is 68/100 with 1 warning sign 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 Cairo Communication SpA (MIL:CAI), the current Operating Income is €104 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 Cairo Communication SpA (MIL:CAI) Overvalued in 2026?

Based on GuruFocus' analysis, Cairo Communication SpA stock appears to be undervalued. The current stock price of €2.35 is trading 6.6% below its estimated GF Value™ of €2.51. GuruFocus considers Cairo Communication SpA to be Fairly Valued.

Key valuation signals for MIL:CAI:

  • Operating Income: €104 Mil
  • GF Value™: €2.51 vs. price of €2.35 (6.6% below fair value)
  • GF Score™: 68/100 with 1 warning sign

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


Cairo Communication SpA Business Description

Other Exchanges 0N7I:UKCI1A:Germany
Address Via Angelo Rizzoli 8, Milan, ITA, 20123
Cairo Communication SpA is an Italian-based advertising company. It is engaged in the business of media and publication. It carries out its activity through three communication platforms that include advertisements, publications, and the Internet. Publication activity is done by publishing periodicals, magazines, and books. It is a dealer for the sale of advertising space on various media platforms such as commercial television, paid digital television, print, and the Internet. It operates on the internet through its Trovatore search engine. Its segment includes magazine publishing Cairo Editore, advertising, TV publishing La7, network operator, and RCS.
68GF Score

Get the complete analysis for MIL:CAI

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

€2.35
Price
€2.51
GF Value