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Glunz & Jensen Holding A/S (OCSE:GJ) Operating Income : kr8.6 Mil (TTM As of Dec. 2023)


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What is Glunz & Jensen Holding A/S Operating Income?

Glunz & Jensen Holding A/S's Operating Income for the six months ended in Dec. 2023 was kr1.1 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2023 was kr8.6 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Glunz & Jensen Holding A/S's Operating Income for the six months ended in Dec. 2023 was kr1.1 Mil. Glunz & Jensen Holding A/S's Revenue for the six months ended in Dec. 2023 was kr69.3 Mil. Therefore, Glunz & Jensen Holding A/S's Operating Margin % for the quarter that ended in Dec. 2023 was 1.54%.

Glunz & Jensen Holding A/S'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. Glunz & Jensen Holding A/S's annualized ROC % for the quarter that ended in Dec. 2023 was 0.69%. Glunz & Jensen Holding A/S's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.60%.


Glunz & Jensen Holding A/S Operating Income Historical Data

The historical data trend for Glunz & Jensen Holding A/S'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.

* Premium members only.

Glunz & Jensen Holding A/S Operating Income Chart

Glunz & Jensen Holding A/S Annual Data
Trend May13 May14 May15 May16 May17 Mar19 Mar20 Mar21 Mar22 Dec23
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.95 -15.32 2.81 18.09 8.57

Glunz & Jensen Holding A/S Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Jun23 Dec23
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 8.40 9.69 7.60 7.50 1.07

Glunz & Jensen Holding A/S 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr8.6 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.


Glunz & Jensen Holding A/S  (OCSE:GJ) Operating Income Explanation

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

Glunz & Jensen Holding A/S's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=2.14 * ( 1 - 33.18% )/( (209.2 + 206.302)/ 2 )
=1.429948/207.751
=0.69 %

where

Note: The Operating Income data used here is two times the semi-annual (Dec. 2023) data.

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

Glunz & Jensen Holding A/S's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.284/( ( (7.1 + max(42.7, 0)) + (6.981 + max(38.164, 0)) )/ 2 )
=0.284/( ( 49.8 + 45.145 )/ 2 )
=0.284/47.4725
=0.60 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.2 + 55.9 + 1.5) - (21.1 + 0 + 6.8)
=42.7

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(16.44 + 42.986 + 3.433) - (10.642 + 0 + 14.053)
=38.164

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2023) EBIT data.

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

Glunz & Jensen Holding A/S's Operating Margin % for the quarter that ended in Dec. 2023 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=1.07/69.319
=1.54 %

* 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.


Glunz & Jensen Holding A/S Operating Income Related Terms

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Glunz & Jensen Holding A/S (OCSE:GJ) Business Description

Traded in Other Exchanges
N/A
Address
Selandia Park 1, Ringsted, DNK, DK-4100
Glunz & Jensen Holding A/S is active in the press industry. The company sells and develops hardware, where production is controlled from the company's facilities around Europe, the USA, and China. In addition to press services, the company provides aftermarket services and related products, including assembly tables and display units. The company is headquartered in Ringsted. Product area Flexo and Product area Offset, are both part of the Prepress market. All products and services are connected to setters and printing equipment. Geographically, the majority is from the EMEA (Europe, Middle East, Africa).

Glunz & Jensen Holding A/S (OCSE:GJ) Headlines

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