Oman Flour Mills (MUS:OFMI) Operating Income: ر.ع5.9 Mil (TTM As of Dec. 2023)

What is Oman Flour Mills Operating Income?

Oman Flour Mills MUS:OFMI 72 Operating Income is ر.ع5.9 Mil as of Dec. 2023. GuruFocus rates MUS:OFMI with a GF Score™ of 72/100.

Oman Flour Mills's Operating Income for the six months ended in Dec. 2023 was ر.ع5.9 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was ر.ع5.9 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Oman Flour Mills's Operating Income for the six months ended in Dec. 2023 was ر.ع5.9 Mil. Oman Flour Mills's Revenue for the six months ended in Dec. 2023 was ر.ع123.9 Mil. Therefore, Oman Flour Mills's Operating Margin % for the quarter that ended in Dec. 2023 was 4.80%.

Oman Flour Mills'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. Oman Flour Mills's annualized ROC % for the quarter that ended in Dec. 2023 was 2.94%. Oman Flour Mills's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.35%.

Oman Flour Mills (MUS:OFMI) Operating Income Explanation

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

Oman Flour Mills's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	5.947 * ( 1 - 30.22% )	/	( (139.383	+	143.233)	/ 2 )
=	4.1498166	/	141.308
=	2.94 %

where

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	159.563	-	5.395	-	( 14.785	-	max(0, 60.145	-	89.946	+	14.785	))
=	139.383

	Invested Capital		(Q: Dec. 2023 )
=	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	))
=	164.826	-	7.131	-	( 14.462	-	max(0, 66.01	-	91.234	+	14.462	))
=	143.233

Note: The Operating Income data used here is one times the annual (Dec. 2023) data.

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

Oman Flour Mills's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	6.085	/	( ( (47.119 + max(50.507, 0))	+	(50.162 + max(43.932, 0)) )	/	2 )
=	6.085	/	( ( 97.626	+	94.094 )	/	2 )
=	6.085	/	95.86
=	6.35 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(18.112	+	31.201	+	11.555)	-	(5.395	+	0	+	4.966)
=	50.507

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(21.898	+	24.368	+	11.001)	-	(7.131	+	0	+	6.204)
=	43.932

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2023) EBIT data.

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

Oman Flour Mills's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %	=	Operating Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	5.947	/	123.945
	=	4.80 %

* 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.

Oman Flour Mills Operating Income Related Terms

Oman Flour Mills Operating Income Historical Data

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The historical data trend for Oman Flour Mills's Operating Income can be seen below:

Oman Flour Mills Operating Income Chart

Oman Flour Mills Annual Data

Trend

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Dec21

Dec22

Dec23

Operating Income

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14.42

16.49

6.73

3.34

5.95

Oman Flour Mills Semi-Annual Data
	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14	Jun15	Jun16	Jun17	Dec21	Dec22	Dec23
Operating Income	Get a 7-Day Free Trial									14.42	16.49	6.73	3.34	5.95

72GF Score

Oman Flour Mills MUS:OFMI

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Oman Flour Mills 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was ر.ع5.9 Mil.

Frequently Asked Questions Learn more about Operating Income →

What does a Operating Income of ر.ع5.9 Mil mean?

Oman Flour Mills (MUS:OFMI) has a Operating Income of ر.ع5.9 Mil as of Dec. 2023. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Oman Flour Mills and its competitors.

Is Oman Flour Mills' Operating Income too high?

Oman Flour Mills' current Operating Income is ر.ع5.9 Mil. Overall, Oman Flour Mills has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.

How does Oman Flour Mills' Operating Income compare to JBS and KHC?

Oman Flour Mills' Operating Income of ر.ع5.9 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?

A good Operating Income depends on the Consumer Packaged Goods 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 Oman Flour Mills and its competitors. Oman Flour Mills's current Operating Income is ر.ع5.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Oman Flour Mills stock overvalued right now?

Oman Flour Mills (MUS:OFMI) has a current Operating Income of ر.ع5.9 Mil. The current Operating Income is ر.ع5.9 Mil. Oman Flour Mills' overall GF Score™ is 72/100. 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 Oman Flour Mills (MUS:OFMI), the current Operating Income is ر.ع5.9 Mil as of Dec. 2023. 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.

Oman Flour Mills Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies MUS:SPFI XSWX:NESN XPAR:BN JBS SHSE:603288 KHC K TSE:2802 GIS SZSE:300999 SHSE:600887 NSE:NESTLEIND LSE:ABF MKC XAMS:JDEP BOG:NUTRESA BOM:500825 DUB:KRZ TPE:1216 SGX:F34

Address P.O. Box 566, Ruwi, OMN, 112

Website http://www.omanflourmills.com

Oman Flour Mills is an Oman-based company engaged in the milling of wheat and other cereals and sale of flour, and the processing and sale of animal feed. In addition, the company through its subsidiaries is also involved in the production and sale of eggs, and selling and distribution of franchise frozen bakery products. The group generates the majority of the revenue from the sale of Feed and related products. The company markets its flour mill products through Dahabi brand and feed mill products through Barakat brand.

72GF Score

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ر.ع0.57

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