BlueYield AB (NGM:SHIP) Operating Income: kr-3.63 Mil (TTM As of Mar. 2026)


NGM:SHIP BlueYield AB NGM:SHIP
12 GF Score
Price kr91.20
! 2 Warning Signs
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What is BlueYield AB Operating Income?

BlueYield AB NGM:SHIP 12 Operating Income is kr-3.63 Mil as of Mar. 2026. GuruFocus rates NGM:SHIP with a GF Score™ of 12/100. The stock has 2 warning signs investors should review.

BlueYield AB's Operating Income for the three months ended in Mar. 2026 was kr-1.11 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was kr-3.63 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. BlueYield AB's Operating Income for the three months ended in Mar. 2026 was kr-1.11 Mil. BlueYield AB's Revenue for the three months ended in Mar. 2026 was kr0.00 Mil. Therefore, BlueYield AB's Operating Margin % for the quarter that ended in Mar. 2026 was %.

BlueYield AB'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. BlueYield AB's annualized ROC % for the quarter that ended in Mar. 2026 was -1.66%. BlueYield AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was %.

BlueYield AB  (NGM:SHIP) Operating Income Explanation

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

BlueYield AB'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 )
=-4.428 * ( 1 - 0% )/( (260.11 + 274.51)/ 2 )
=-4.428/267.31
=-1.66 %

where

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))
=302.655 - 0.956 - ( 42.671 - max(0, 1.795 - 43.384+42.671))
=260.11

Invested Capital(Q: Mar. 2026 )
=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))
=335.073 - 1.395 - ( 60.511 - max(0, 2.263 - 61.431+60.511))
=274.51

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

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

BlueYield AB'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 )
=-4.428/( ( (0 + max(-1.082, 0)) + (0 + max(-1.448, 0)) )/ 2 )
=-4.428/( ( 0 + 0 )/ 2 )
=-4.428/0
= %

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)
=(0 + 0 + 0.713) - (0.956 + 0 + 0.839)
=-1.082

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.815) - (1.395 + 0 + 0.868)
=-1.448

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 %:

BlueYield AB'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 )
=-1.107/0
= %

* 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.

BlueYield AB Operating Income Related Terms

BlueYield AB Operating Income Historical Data

* Premium members only.

The historical data trend for BlueYield 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.

BlueYield AB Operating Income Chart

BlueYield AB Annual Data
Trend Dec25
Operating Income
-12.96

BlueYield AB Quarterly Data
Jun25 Sep25 Dec25 Mar26
Operating Income 0.00 -0.82 -1.71 -1.11
NGM:SHIP
12GF Score
BlueYield AB NGM:SHIP
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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BlueYield 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr-3.63 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 kr-3.63 Mil mean?
BlueYield AB (NGM:SHIP) has a Operating Income of kr-3.63 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on BlueYield AB and its competitors.
Is BlueYield AB's Operating Income too high?
BlueYield AB's current Operating Income is kr-3.63 Mil. Overall, BlueYield AB has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does BlueYield AB's Operating Income compare to KEX?
BlueYield AB's Operating Income of kr-3.63 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Operating Income depends on the Transportation 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 BlueYield AB and its competitors. BlueYield AB's current Operating Income is kr-3.63 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlueYield AB stock overvalued right now?
BlueYield AB (NGM:SHIP) has a current Operating Income of kr-3.63 Mil. The current Operating Income is kr-3.63 Mil. BlueYield AB's overall GF Score™ is 12/100 with 2 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 BlueYield AB (NGM:SHIP), the current Operating Income is kr-3.63 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.

BlueYield AB Business Description

Address P.O. Box 7415, Stockholm, SWE, SE-103 91
BlueYield AB is an investment company with a focus on acquiring, managing, and strategically divesting maritime assets. The portfolio of vessels is globally diversified, consisting of a wide range of vessels across several segments, and offers an opportunity to access the returns of shipping. It holds minority interests across some special purpose vehicles (SPVs). These SPVs collectively own and manage a diversified portfolio of several vessels, spanning various shipping segments including Tanker, Container, Dry Bulk, Multi-Purpose Vessels (MPP), Platform Supply Vessels (PSV), and Subsea/Offshore.
12GF Score

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

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