NPRFF (Nepra Foods) Operating Income: $-0.46 Mil (TTM As of Dec. 2025)

What is Nepra Foods Operating Income?

Nepra Foods NPRFF +69.58% 22 Operating Income is $-0.46 Mil as of Dec. 2025. GuruFocus rates NPRFF with a GF Score™ of 22/100 and a GF Value™ of $0.07 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Nepra Foods's Operating Income for the three months ended in Dec. 2025 was $-0.01 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was $-0.46 Mil.

Warning Sign:

Nepra Foods Inc has never been profitable in the past 3 years. It lost money every year.

Operating Margin % is calculated as Operating Income divided by its Revenue. Nepra Foods's Operating Income for the three months ended in Dec. 2025 was $-0.01 Mil. Nepra Foods's Revenue for the three months ended in Dec. 2025 was $1.62 Mil. Therefore, Nepra Foods's Operating Margin % for the quarter that ended in Dec. 2025 was -0.62%.

Nepra Foods'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. Nepra Foods's annualized ROC % for the quarter that ended in Dec. 2025 was -1.13%. Nepra Foods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 92.98%.

Nepra Foods (OTCPK:NPRFF) Operating Income Explanation

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

Nepra Foods'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: Sep. 2025 )	+	Invested Capital (Q: Dec. 2025 ))	/ count )
=	-0.04 * ( 1 - 0% )	/	( (3.668	+	3.407)	/ 2 )
=	-0.04	/	3.5375
=	-1.13 %

where

	Invested Capital		(Q: Sep. 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	))
=	2.911	-	1.875	-	( 0.086	-	max(0, 4.262	-	1.63	+	0.086	))
=	3.668

	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	))
=	2.447	-	1.613	-	( 0.018	-	max(0, 3.818	-	1.245	+	0.018	))
=	3.407

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

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

Nepra Foods'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: Sep. 2025		Q: Dec. 2025
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1.092	/	( ( (1.214 + max(-0.275, 0))	+	(1.135 + max(-0.439, 0)) )	/	2 )
=	1.092	/	( ( 1.214	+	1.135 )	/	2 )
=	1.092	/	1.1745
=	92.98 %

where Working Capital is:

	Working Capital		(Q: Sep. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.51	+	1.084	+	0.0059999999999998)	-	(1.875	+	0	+	-8.8817841970013E-16)
=	-0.275

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.441	+	0.773	+	0.071)	-	(1.613	+	0.112	+	-0.00099999999999989)
=	-0.439

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

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

Nepra Foods'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 )
	=	-0.01	/	1.618
	=	-0.62 %

* 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.

Nepra Foods Operating Income Related Terms

Nepra Foods Operating Income Historical Data

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The historical data trend for Nepra Foods's Operating Income can be seen below:

Nepra Foods Operating Income Chart

Nepra Foods Annual Data

Trend

Dec20

Dec21

Dec22

Mar24

Mar25

Operating Income

-0.37

-4.52

-4.24

-2.56

-1.53

Nepra Foods Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25
Operating Income	Get a 7-Day Free Trial															-0.30	-0.35	-0.05	-0.05	-0.01

22GF Score

Nepra Foods Inc NPRFF

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

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Nepra Foods 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 quarterly data reported by the company within the most recent 12 months, which was $-0.46 Mil.

Frequently Asked Questions Learn more about Operating Income →

What does a Operating Income of $-0.46 Mil mean?

Nepra Foods (NPRFF) has a Operating Income of $-0.46 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Nepra Foods and its competitors.

Is Nepra Foods' Operating Income too high?

Nepra Foods' current Operating Income is $-0.46 Mil. Overall, Nepra Foods has a GF Score™ of 22/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Nepra Foods' Operating Income compare to KHC and GIS?

Nepra Foods' Operating Income of $-0.46 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 Nepra Foods and its competitors. Nepra Foods's current Operating Income is $-0.46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Nepra Foods stock overvalued right now?

Based on GuruFocus' analysis, Nepra Foods (NPRFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.07, compared to a current price of $0.36 — trading 410.6% above its estimated fair value. The current Operating Income is $-0.46 Mil. Nepra Foods' overall GF Score™ is 22/100 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 Nepra Foods (NPRFF), the current Operating Income is $-0.46 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 Nepra Foods (NPRFF) Overvalued in 2026?

Based on GuruFocus' analysis, Nepra Foods stock appears to be overvalued. The current stock price of $0.36 is trading 410.6% above its estimated GF Value™ of $0.07. GuruFocus considers Nepra Foods to be Significantly Overvalued.

Key valuation signals for NPRFF:

Operating Income: $-0.46 Mil
GF Value™: $0.07 vs. price of $0.36 (410.6% above fair value)
GF Score™: 22/100 with 6 warning signs

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

Nepra Foods Business Description

Industry Consumer Defensive Consumer Packaged Goods

Comparable Companies XCNQ:STIF TSX:BU TSXV:IRO XCNQ:BPC TSXV:ESBL TSXV:FRSH XCNQ:PSYC XCNQ:MUSL TSXV:LFST TSX:BABY XSWX:NESN XPAR:BN BOG:NUTRESA TSE:2802 NSE:NESTLEIND SHSE:603288 KHC SHSE:600887 GIS SZSE:300999

Other Exchanges 2P6:Germany NPRA:Canada

Address 7025 S. Revere Parkway, Suite 100, Centennial, CO, USA, 80112

Website https://www.neprafoods.com

Nepra Foods Inc operates a vertically integrated healthy plant-based food and ingredient company. Its products are offered to commercial food manufacturers and directly to consumers under the company's consumer packaged goods (CPG) brands. The company's products include several products ranging from plant-based meat and dairy alternatives to snacks and baked goods, supported by a lineup of specialty ingredients.

22GF Score

Get the complete analysis for NPRFF

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

$0.36

Price

$0.07

GF Value

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