MNTHF (Minth Group) Operating Income: $427 Mil (TTM As of Dec. 2025)


MNTHF Minth Group Ltd MNTHF
89 GF Score
Price $3.20
GF Value $3.41
Valuation Fairly Valued
! 4 Warning Signs
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What is Minth Group Operating Income?

Minth Group MNTHF -14.67% 89 Operating Income is $427 Mil as of Dec. 2025. GuruFocus rates MNTHF with a GF Score™ of 89/100 and a GF Value™ of $3.41 (Fairly Valued). The stock has 4 warning signs investors should review.

Minth Group's Operating Income for the six months ended in Dec. 2025 was $214 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $427 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Minth Group's Operating Income for the six months ended in Dec. 2025 was $214 Mil. Minth Group's Revenue for the six months ended in Dec. 2025 was $1,910 Mil. Therefore, Minth Group's Operating Margin % for the quarter that ended in Dec. 2025 was 11.19%.

Good Sign:

Minth Group Ltd operating margin is expanding. Margin expansion is usually a good sign.

Minth Group's 5-Year average Growth Rate for Operating Margin % was 2.10% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Minth Group's annualized ROC % for the quarter that ended in Dec. 2025 was 8.34%. Minth Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 16.60%.


Minth Group  (OTCPK:MNTHF) Operating Income Explanation

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

Minth Group's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=427.394 * ( 1 - 15.9% )/( (4131.329 + 4489.009)/ 2 )
=359.438354/4310.169
=8.34 %

where

Invested Capital(Q: Jun. 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))
=5659.514 - 1124.768 - ( 562.732 - max(0, 2172.757 - 2576.174+562.732))
=4131.329

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))
=6005.659 - 1170.391 - ( 601.109 - max(0, 2206.553 - 2552.812+601.109))
=4489.009

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

Minth Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=531.5/( ( (2472.867 + max(721.382, 0)) + (2563.187 + max(646.903, 0)) )/ 2 )
=531.5/( ( 3194.249 + 3210.09 )/ 2 )
=531.5/3202.1695
=16.60 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(802.444 + 641.815 + 467.793) - (1124.768 + 0 + 65.902)
=721.382

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(737.813 + 652.86 + 461.123) - (1170.391 + 0 + 34.502)
=646.903

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

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

Minth Group's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=213.697/1909.675
=11.19 %

* 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.


Minth Group Operating Income Related Terms


Minth Group Operating Income Historical Data

* Premium members only.

The historical data trend for Minth Group'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.

Minth Group Operating Income Chart

Minth Group 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 197.37 241.97 326.20 397.57 430.79

Minth Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 175.42 183.13 215.09 212.95 213.70
MNTHF
89GF Score
Minth Group Ltd MNTHF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Minth Group 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $427 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 $427 Mil mean?
Minth Group (MNTHF) has a Operating Income of $427 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Minth Group and its competitors.
Is Minth Group's Operating Income too high?
Minth Group's current Operating Income is $427 Mil. Overall, Minth Group has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Minth Group's Operating Income compare to ORLY and AZO?
Minth Group's Operating Income of $427 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Operating Income depends on the Vehicles & Parts 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 Minth Group and its competitors. Minth Group's current Operating Income is $427 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minth Group stock overvalued right now?
Based on GuruFocus' analysis, Minth Group (MNTHF) is currently considered Fairly Valued. The stock's GF Value™ is $3.41, compared to a current price of $3.20 — trading 6.2% below its estimated fair value. The current Operating Income is $427 Mil. Minth Group's overall GF Score™ is 89/100 with 4 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 Minth Group (MNTHF), the current Operating Income is $427 Mil as of Dec. 2025. 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 Minth Group (MNTHF) Overvalued in 2026?

Based on GuruFocus' analysis, Minth Group stock appears to be undervalued. The current stock price of $3.20 is trading 6.2% below its estimated GF Value™ of $3.41. GuruFocus considers Minth Group to be Fairly Valued.

Key valuation signals for MNTHF:

  • Operating Income: $427 Mil
  • GF Value™: $3.41 vs. price of $3.20 (6.2% below fair value)
  • GF Score™: 89/100 with 4 warning signs

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


Minth Group Business Description

Address Lane 146, Xinhu 2nd Road, No. 19, 3rd Floor, Neihu District, Taipei, TWN, 114065
Minth Group Ltd is an investment holding company. Along with its subsidiaries, it is engaged in the design, manufacturing, processing, developing, and sales of automobile body parts and moulds for passenger cars. Its products include bumpers, sunroof systems, door sills, safety and cockpit systems, dynamic sealing strips, wheel covers, seat rail assemblies, etc. The Group's reportable segments are: Body Structure, which generates the maximum revenue, Plastic, Metal and Trim, Aluminium, and Others. Geographically, its operations are located in the PRC, the United States of America (the USA), Japan, Thailand, Germany, Serbia, Mexico, the United Kingdom, the Republic of Korea, France, the Czech Republic, Canada and Poland.
89GF Score

Get the complete analysis for MNTHF

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

$3.20
Price
$3.41
GF Value