Oman Refreshment CoOG (MUS:ORCI) Operating Income: ر.ع-3.73 Mil (TTM As of Dec. 2024)

What is Oman Refreshment CoOG Operating Income?

Oman Refreshment CoOG MUS:ORCI -0.83% 54 Operating Income is ر.ع-3.73 Mil as of Dec. 2024. GuruFocus rates MUS:ORCI with a GF Score™ of 54/100 and a GF Value™ of ر.ع0.86 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Oman Refreshment CoOG's Operating Income for the six months ended in Dec. 2024 was ر.ع-3.73 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2024 was ر.ع-3.73 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Oman Refreshment CoOG's Operating Income for the six months ended in Dec. 2024 was ر.ع-3.73 Mil. Oman Refreshment CoOG's Revenue for the six months ended in Dec. 2024 was ر.ع63.37 Mil. Therefore, Oman Refreshment CoOG's Operating Margin % for the quarter that ended in Dec. 2024 was -5.88%.

Oman Refreshment CoOG'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 Refreshment CoOG's annualized ROC % for the quarter that ended in Dec. 2024 was -4.26%. Oman Refreshment CoOG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -3.73%.

Oman Refreshment CoOG (MUS:ORCI) Operating Income Explanation

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

Oman Refreshment CoOG's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

	ROC % (Q: Dec. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2023 )	+	Invested Capital (Q: Dec. 2024 ))	/ count )
=	-3.727 * ( 1 - 13.79% )	/	( (76.602	+	74.222)	/ 2 )
=	-3.2130467	/	75.412
=	-4.26 %

where

	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	))
=	116.976	-	17.027	-	( 24.339	-	max(0, 29.161	-	52.508	+	24.339	))
=	76.602

	Invested Capital		(Q: Dec. 2024 )
=	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	))
=	107.797	-	15.955	-	( 21.734	-	max(0, 26.881	-	44.501	+	21.734	))
=	74.222

Note: The Operating Income data used here is one times the annual (Dec. 2024) data.

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

Oman Refreshment CoOG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2023		Q: Dec. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-2.365	/	( ( (58.868 + max(6.326, 0))	+	(57.235 + max(4.384, 0)) )	/	2 )
=	-2.365	/	( ( 65.194	+	61.619 )	/	2 )
=	-2.365	/	63.4065
=	-3.73 %

where Working Capital is:

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3.727	+	18.123	+	1.503)	-	(17.027	+	0	+	0)
=	6.326

	Working Capital		(Q: Dec. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(6.86	+	12.57	+	0.90799999999999)	-	(15.955	+	0	+	-0.00099999999999767)
=	4.384

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2024) EBIT data.

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

Oman Refreshment CoOG's Operating Margin % for the quarter that ended in Dec. 2024 is calculated as:

Operating Margin %	=	Operating Income (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	-3.727	/	63.369
	=	-5.88 %

* 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 Refreshment CoOG Operating Income Related Terms

Oman Refreshment CoOG Operating Income Historical Data

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The historical data trend for Oman Refreshment CoOG's Operating Income can be seen below:

Oman Refreshment CoOG Operating Income Chart

Oman Refreshment CoOG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Operating Income

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9.17

6.80

7.10

6.38

-3.73

Oman Refreshment CoOG Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23	Dec24
Operating Income	Get a 7-Day Free Trial														9.17	6.80	7.10	6.38	-3.73

54GF Score

Oman Refreshment Co SAOG MUS:ORCI

Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.

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Oman Refreshment CoOG 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. 2024 was ر.ع-3.73 Mil.

Frequently Asked Questions Learn more about Operating Income →

What does a Operating Income of ر.ع-3.73 Mil mean?

Oman Refreshment CoOG (MUS:ORCI) has a Operating Income of ر.ع-3.73 Mil as of Dec. 2024. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Oman Refreshment CoOG and its competitors.

Is Oman Refreshment CoOG's Operating Income too high?

Oman Refreshment CoOG's current Operating Income is ر.ع-3.73 Mil. Overall, Oman Refreshment CoOG has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Oman Refreshment CoOG's Operating Income compare to KO and PEP?

Oman Refreshment CoOG's Operating Income of ر.ع-3.73 Mil can be compared against companies in the Beverages - Non-Alcoholic 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 Beverages - Non-Alcoholic company?

A good Operating Income depends on the Beverages - Non-Alcoholic 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 Refreshment CoOG and its competitors. Oman Refreshment CoOG's current Operating Income is ر.ع-3.73 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Oman Refreshment CoOG stock overvalued right now?

Based on GuruFocus' analysis, Oman Refreshment CoOG (MUS:ORCI) is currently considered Significantly Overvalued. The stock's GF Value™ is ر.ع0.86, compared to a current price of ر.ع1.20 — trading 39.5% above its estimated fair value. The current Operating Income is ر.ع-3.73 Mil. Oman Refreshment CoOG's overall GF Score™ is 54/100 with 5 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 Oman Refreshment CoOG (MUS:ORCI), the current Operating Income is ر.ع-3.73 Mil as of Dec. 2024. 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 Oman Refreshment CoOG (MUS:ORCI) Overvalued in 2026?

Based on GuruFocus' analysis, Oman Refreshment CoOG stock appears to be overvalued. The current stock price of ر.ع1.20 is trading 39.5% above its estimated GF Value™ of ر.ع0.86. GuruFocus considers Oman Refreshment CoOG to be Significantly Overvalued.

Key valuation signals for MUS:ORCI:

Operating Income: ر.ع-3.73 Mil
GF Value™: ر.ع0.86 vs. price of ر.ع1.20 (39.5% above fair value)
GF Score™: 54/100 with 5 warning signs

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

Oman Refreshment CoOG Business Description

Industry Consumer Defensive Beverages - Non-Alcoholic

Comparable Companies KO PEP MNST HKSE:09633 KDP LSE:CCEP LSE:CCH COCSF MEX:AC NSE:VBL COKE SHSE:605499 HKSE:02097 PRMB TSE:2587 SHSE:603156 CELH TSE:2267 IST:CCOLA TSE:2579

Address Al Ghubra, P.O. Box 30, C.P.O. Airport, Muscat, OMN, 111

Website https://www.pepsioman.com

Oman Refreshment Co SAOG is engaged in the business of filling and distributing soft drinks, water, and juices, as well as trading in consumer-packaged goods. The company holds franchise rights to produce, fill, and distribute the PepsiCo range of soft drinks and Aquafina water. Additionally, it is involved in trading in new edge beverages, Lays range of snacks, Quaker range of Oat products, Eurocake and EDITA bakery products, Froneri ice cream range (Nestle, Mondelez) of products, and Dairy and Chilled range (Balade, Barada) of products, and certain Frozen food products throughout the Sultanate of Oman. Further, it also produces and distributes juices under its own brand name, Topfruit. The majority of the company's revenue is generated from the sale of carbonated soft drinks.

54GF Score

Get the complete analysis for MUS:ORCI

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

ر.ع1.20

Price

ر.ع0.86

GF Value

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