Komehyo Holdings Co (NGO:2780) Operating Income: 円11,937 Mil (TTM As of Mar. 2026)

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NGO:2780 Komehyo Holdings Co Ltd NGO:2780
85 GF Score
Price 円5,800.00
GF Value 円7,366.92
! 6 Warning Signs
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What is Komehyo Holdings Co Operating Income?

Komehyo Holdings Co NGO:2780 85 Operating Income is 円11,937 Mil as of Mar. 2026. GuruFocus rates NGO:2780 with a GF Score™ of 85/100 and a GF Value™ of 円7,366.92. The stock has 6 warning signs investors should review.

Komehyo Holdings Co's Operating Income for the three months ended in Mar. 2026 was 円3,560 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was 円11,937 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Komehyo Holdings Co's Operating Income for the three months ended in Mar. 2026 was 円3,560 Mil. Komehyo Holdings Co's Revenue for the three months ended in Mar. 2026 was 円64,201 Mil. Therefore, Komehyo Holdings Co's Operating Margin % for the quarter that ended in Mar. 2026 was 5.55%.

Good Sign:

Komehyo Holdings Co Ltd operating margin is expanding. Margin expansion is usually a good sign.

Komehyo Holdings Co's 5-Year average Growth Rate for Operating Margin % was 17.30% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Komehyo Holdings Co's annualized ROC % for the quarter that ended in Mar. 2026 was 11.75%. Komehyo Holdings Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 21.25%.


Komehyo Holdings Co  (NGO:2780) Operating Income Explanation

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

Komehyo Holdings Co'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 )
=14239.84 * ( 1 - 31.63% )/( (82259.626 + 83395.455)/ 2 )
=9735.778608/82827.5405
=11.75 %

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))
=106414.979 - 4504.552 - ( 19650.801 - max(0, 59773.629 - 83972.168+19650.801))
=82259.626

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))
=109181.012 - 5995.258 - ( 19790.299 - max(0, 59289.162 - 85697.081+19790.299))
=83395.455

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

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

Komehyo Holdings Co'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 )
=14313.764/( ( (10136.754 + max(56977.931, 0)) + (10535.904 + max(57093.274, 0)) )/ 2 )
=14313.764/( ( 67114.685 + 67629.178 )/ 2 )
=14313.764/67371.9315
=21.25 %

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)
=(6664.168 + 48131.071 + 9526.128) - (4504.552 + 0 + 2838.884)
=56977.931

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6583.466 + 50046.642 + 9276.674) - (5995.258 + 0 + 2818.25)
=57093.274

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 %:

Komehyo Holdings Co'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 )
=3559.96/64200.976
=5.55 %

* 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.


Komehyo Holdings Co Operating Income Related Terms


Komehyo Holdings Co Operating Income Historical Data

* Premium members only.

The historical data trend for Komehyo Holdings Co'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.

Komehyo Holdings Co Operating Income Chart

Komehyo Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,714.70 5,168.96 7,452.92 6,176.65 9,288.01

Komehyo Holdings Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 883.73 875.51 3,968.80 3,559.96 3,533.00
NGO:2780
85GF Score
Komehyo Holdings Co Ltd NGO:2780
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Komehyo Holdings Co 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 円11,937 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 円11,937 Mil mean?
Komehyo Holdings Co (NGO:2780) has a Operating Income of 円11,937 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Komehyo Holdings Co and its competitors.
Is Komehyo Holdings Co's Operating Income too high?
Komehyo Holdings Co's current Operating Income is 円11,937 Mil. Overall, Komehyo Holdings Co has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does Komehyo Holdings Co's Operating Income compare to CBRE and BEKE?
Komehyo Holdings Co's Operating Income of 円11,937 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Operating Income depends on the Real Estate 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 Komehyo Holdings Co and its competitors. Komehyo Holdings Co's current Operating Income is 円11,937 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Komehyo Holdings Co stock overvalued right now?
Komehyo Holdings Co (NGO:2780) has a current Operating Income of 円11,937 Mil. The stock's GF Value™ is 円7,366.92, compared to a current price of 円5,800.00 — trading 21.3% below its estimated fair value. The current Operating Income is 円11,937 Mil. Komehyo Holdings Co's overall GF Score™ is 85/100 with 6 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 Komehyo Holdings Co (NGO:2780), the current Operating Income is 円11,937 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 Komehyo Holdings Co (NGO:2780) Overvalued in 2026?

Based on GuruFocus' analysis, Komehyo Holdings Co stock appears to be undervalued. The current stock price of 円5,800.00 is trading 21.3% below its estimated GF Value™ of 円7,366.92.

Key valuation signals for NGO:2780:

  • Operating Income: 円11,937 Mil
  • GF Value™: 円7,366.92 vs. price of 円5,800.00 (21.3% below fair value)
  • GF Score™: 85/100 with 6 warning signs

No single metric tells the full story. See the NGO:2780 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Komehyo Holdings Co Business Description

Other Exchanges 2780:Japan
Address Naka Ward, Osu 3-25-31, Nagoya, JPN
Komehyo Holdings Co Ltd is engaged in business planning, management, marketing and real estate business. The reportable segments are the Brand and Fashion Business; Tire and Wheel Business; and Real Estate Rental Business.
85GF Score

Get the complete analysis for NGO:2780

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

円5,800.00
Price
円7,366.92
GF Value