NWFFF (NWF Group) Operating Income: $16 Mil (TTM As of Nov. 2025)

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NWFFF NWF Group PLC NWFFF
85 GF Score
Price $1.83
GF Value $2.49
! 5 Warning Signs
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What is NWF Group Operating Income?

NWF Group NWFFF 85 Operating Income is $16 Mil as of Nov. 2025. GuruFocus rates NWFFF with a GF Score™ of 85/100 and a GF Value™ of $2.49. The stock has 5 warning signs investors should review.

NWF Group's Operating Income for the six months ended in Nov. 2025 was $4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Nov. 2025 was $16 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. NWF Group's Operating Income for the six months ended in Nov. 2025 was $4 Mil. NWF Group's Revenue for the six months ended in Nov. 2025 was $571 Mil. Therefore, NWF Group's Operating Margin % for the quarter that ended in Nov. 2025 was 0.69%.

Warning Sign:

NWF Group PLC operating margin has been in a 5-year decline. The average rate of decline per year is -5.4%.

NWF Group's 5-Year average Growth Rate for Operating Margin % was -5.40% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NWF Group's annualized ROC % for the quarter that ended in Nov. 2025 was 2.56%. NWF Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2025 was 5.57%.


NWF Group  (OTCPK:NWFFF) Operating Income Explanation

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

NWF Group's annualized ROC % for the quarter that ended in Nov. 2025 is calculated as:

ROC % (Q: Nov. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: May. 2025 ) + Invested Capital (Q: Nov. 2025 ))/ count )
=7.884 * ( 1 - 22.23% )/( (248.331 + 230.748)/ 2 )
=6.1313868/239.5395
=2.56 %

where

Invested Capital(Q: May. 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))
=347.397 - 102.27 - ( 14.553 - max(0, 148.598 - 145.394+14.553))
=248.331

Note: The Operating Income data used here is two times the semi-annual (Nov. 2025) data.

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

NWF Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Nov. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2025  Q: Nov. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=8.148/( ( (141.923 + max(-3.873, 0)) + (140.604 + max(9.857, 0)) )/ 2 )
=8.148/( ( 141.923 + 150.461 )/ 2 )
=8.148/146.192
=5.57 %

where Working Capital is:

Working Capital(Q: May. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(105.607 + 11.215 + 5.34) - (102.27 + 0 + 23.765)
=-3.873

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(128.647 + 11.301 + 5.782) - (131.143 + 0 + 4.73)
=9.857

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Nov. 2025) EBIT data.

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

NWF Group's Operating Margin % for the quarter that ended in Nov. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Nov. 2025 )/Revenue (Q: Nov. 2025 )
=3.942/571.091
=0.69 %

* 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.


NWF Group Operating Income Related Terms


NWF Group Operating Income Historical Data

* Premium members only.

The historical data trend for NWF Group'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.

NWF Group Operating Income Chart

NWF Group Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.04 16.42 25.72 18.08 16.82

NWF Group Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 4.10 13.91 4.59 12.02 3.94
NWFFF
85GF Score
NWF Group PLC NWFFF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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NWF Group 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 Nov. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $16 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 $16 Mil mean?
NWF Group (NWFFF) has a Operating Income of $16 Mil as of Nov. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on NWF Group and its competitors.
Is NWF Group's Operating Income too high?
NWF Group's current Operating Income is $16 Mil. Overall, NWF Group has a GF Score™ of 85/100, reflecting its overall financial health beyond just this single metric.
How does NWF Group's Operating Income compare to VLO and MPC?
NWF Group's Operating Income of $16 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Operating Income depends on the Oil & Gas 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 NWF Group and its competitors. NWF Group's current Operating Income is $16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NWF Group stock overvalued right now?
NWF Group (NWFFF) has a current Operating Income of $16 Mil. The stock's GF Value™ is $2.49, compared to a current price of $1.83 — trading 26.5% below its estimated fair value. The current Operating Income is $16 Mil. NWF Group's overall GF Score™ is 85/100 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 NWF Group (NWFFF), the current Operating Income is $16 Mil as of Nov. 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 NWF Group (NWFFF) Overvalued in 2026?

Based on GuruFocus' analysis, NWF Group stock appears to be undervalued. The current stock price of $1.83 is trading 26.5% below its estimated GF Value™ of $2.49.

Key valuation signals for NWFFF:

  • Operating Income: $16 Mil
  • GF Value™: $2.49 vs. price of $1.83 (26.5% below fair value)
  • GF Score™: 85/100 with 5 warning signs

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


NWF Group Business Description

Industry EnergyOil & Gas
Other Exchanges NWF:UKNYY:Germany
Address Wardle, Nantwich, Cheshire, GBR, CW5 6BP
NWF Group PLC is engaged in manufacturing and selling of animal feeds, the sales and distribution of fuel oils and the warehousing and distribution of ambient groceries. The company's operating segments include Food, Feeds and Fuels. The Food segment is engaged in the warehousing and distribution of clients' ambient grocery and other products to supermarket and other retail distribution centers. The Feeds segment manufactures and sells animal feeds and other agricultural products. The Fuels segment is engaged in the sale and distribution of domestic heating, industrial and road fuels. The company generates maximum revenue from Fuels segment. It operates entirely in the United Kingdom.
85GF Score

Get the complete analysis for NWFFF

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

$1.83
Price
$2.49
GF Value