Bera hf (OISE:BERA) Operating Income: kr3,724 Mil (TTM As of Feb. 2026)

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OISE:BERA Bera hf OISE:BERA
89 GF Score
Price kr15.50
GF Value kr19.11
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Bera hf Operating Income?

Bera hf OISE:BERA 89 Operating Income is kr3,724 Mil as of Feb. 2026. GuruFocus rates OISE:BERA with a GF Score™ of 89/100 and a GF Value™ of kr19.11 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Bera hf's Operating Income for the six months ended in Feb. 2026 was kr1,745 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2026 was kr3,724 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Bera hf's Operating Income for the six months ended in Feb. 2026 was kr1,745 Mil. Bera hf's Revenue for the six months ended in Feb. 2026 was kr24,431 Mil. Therefore, Bera hf's Operating Margin % for the quarter that ended in Feb. 2026 was 7.14%.

Good Sign:

Bera hf operating margin is expanding. Margin expansion is usually a good sign.

Bera hf's 5-Year average Growth Rate for Operating Margin % was 0.80% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bera hf's annualized ROC % for the quarter that ended in Feb. 2026 was 7.69%. Bera hf's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 18.72%.


Bera hf  (OISE:BERA) Operating Income Explanation

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

Bera hf's annualized ROC % for the quarter that ended in Feb. 2026 is calculated as:

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Aug. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=3490.614 * ( 1 - 20.23% )/( (32652.254 + 39770.543)/ 2 )
=2784.4627878/36211.3985
=7.69 %

where

Invested Capital(Q: Aug. 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))
=35653.768 - 2939.67 - ( 2234.582 - max(0, 10399.082 - 10460.926+2234.582))
=32652.254

Invested Capital(Q: Feb. 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))
=44171.951 - 3590.209 - ( 2614.881 - max(0, 10196.877 - 11008.076+2614.881))
=39770.543

Note: The Operating Income data used here is two times the semi-annual (Feb. 2026) data.

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

Bera hf's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3566.36/( ( (15910.186 + max(2045.928, 0)) + (18875.762 + max(1279.519, 0)) )/ 2 )
=3566.36/( ( 17956.114 + 20155.281 )/ 2 )
=3566.36/19055.6975
=18.72 %

where Working Capital is:

Working Capital(Q: Aug. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4206.672 + 4019.672 + 0) - (2939.67 + 0 + 3240.746)
=2045.928

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4144.876 + 4147.348 + 100.971) - (3590.209 + 0 + 3523.467)
=1279.519

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Feb. 2026) EBIT data.

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

Bera hf's Operating Margin % for the quarter that ended in Feb. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Feb. 2026 )/Revenue (Q: Feb. 2026 )
=1745.307/24430.664
=7.14 %

* 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.


Bera hf Operating Income Related Terms


Bera hf Operating Income Historical Data

* Premium members only.

The historical data trend for Bera hf'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.

Bera hf Operating Income Chart

Bera hf Annual Data
Trend Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Operating Income
Get a 7-Day Free Trial 2,436.14 3,709.06 4,472.07 3,901.26 3,723.58

Bera hf Semi-Annual Data
Feb20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24 Feb25 Aug25 Feb26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,883.48 2,163.09 1,738.17 1,978.27 1,745.31
OISE:BERA
89GF Score
Bera hf OISE:BERA
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bera hf 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 Feb. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was kr3,724 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 kr3,724 Mil mean?
Bera hf (OISE:BERA) has a Operating Income of kr3,724 Mil as of Feb. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Bera hf and its competitors.
Is Bera hf's Operating Income too high?
Bera hf's current Operating Income is kr3,724 Mil. Overall, Bera hf has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bera hf's Operating Income compare to BUD and STZ?
Bera hf's Operating Income of kr3,724 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Operating Income depends on the Beverages - Alcoholic 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 Bera hf and its competitors. Bera hf's current Operating Income is kr3,724 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bera hf stock overvalued right now?
Based on GuruFocus' analysis, Bera hf (OISE:BERA) is currently considered Modestly Undervalued. The stock's GF Value™ is kr19.11, compared to a current price of kr15.50 — trading 18.9% below its estimated fair value. The current Operating Income is kr3,724 Mil. Bera hf's overall GF Score™ is 89/100 with 4 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 Bera hf (OISE:BERA), the current Operating Income is kr3,724 Mil as of Feb. 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 Bera hf (OISE:BERA) Overvalued in 2026?

Based on GuruFocus' analysis, Bera hf stock appears to be undervalued. The current stock price of kr15.50 is trading 18.9% below its estimated GF Value™ of kr19.11. GuruFocus considers Bera hf to be Modestly Undervalued.

Key valuation signals for OISE:BERA:

  • Operating Income: kr3,724 Mil
  • GF Value™: kr19.11 vs. price of kr15.50 (18.9% below fair value)
  • GF Score™: 89/100 with 4 warning signs

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


Bera hf Business Description

Address Grjothals 7-11, Reykjavik, ISL, 110
Bera hf, formerly known as Olgeroin Egill Skallagrimsson hf, produces, imports, distributes and sells beverages and food all over the country. The group is divided into four operating segments; Egils Non-Alcoholic, Egils Alcoholic, Danol and Export.
89GF Score

Get the complete analysis for OISE:BERA

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

kr15.50
Price
kr19.11
GF Value