Hagar hf (OISE:HAGA) Operating Income: kr10,850 Mil (TTM As of Feb. 2026)

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OISE:HAGA Hagar hf OISE:HAGA
82 GF Score
Price kr122.50
GF Value kr88.70
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Hagar hf Operating Income?

Hagar hf OISE:HAGA -0.41% 82 Operating Income is kr10,850 Mil as of Feb. 2026. GuruFocus rates OISE:HAGA with a GF Score™ of 82/100 and a GF Value™ of kr88.70 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Hagar hf's Operating Income for the three months ended in Feb. 2026 was kr1,367 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Feb. 2026 was kr10,850 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Hagar hf's Operating Income for the three months ended in Feb. 2026 was kr1,367 Mil. Hagar hf's Revenue for the three months ended in Feb. 2026 was kr48,043 Mil. Therefore, Hagar hf's Operating Margin % for the quarter that ended in Feb. 2026 was 2.85%.

Good Sign:

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

Hagar hf's 5-Year average Growth Rate for Operating Margin % was 8.60% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hagar hf's annualized ROC % for the quarter that ended in Feb. 2026 was 4.48%. Hagar hf's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 23.56%.


Hagar hf  (OISE:HAGA) Operating Income Explanation

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

Hagar 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: Nov. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=5468 * ( 1 - 14.17% )/( (102434 + 107127)/ 2 )
=4693.1844/104780.5
=4.48 %

where

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

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

Hagar 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: Nov. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=13616/( ( (57895 + max(-2224, 0)) + (57676 + max(-1157, 0)) )/ 2 )
=13616/( ( 57895 + 57676 )/ 2 )
=13616/57785.5
=23.56 %

where Working Capital is:

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6042 + 15193 + 0) - (23459 + 0 + 0)
=-2224

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4654 + 14393 + 0) - (16430 + 0 + 3774)
=-1157

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2026) EBIT data.

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

Hagar 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 )
=1367/48043
=2.85 %

* 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.


Hagar hf Operating Income Related Terms


Hagar hf Operating Income Historical Data

* Premium members only.

The historical data trend for Hagar 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.

Hagar hf Operating Income Chart

Hagar hf Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,538.00 6,197.00 7,640.00 8,691.00 10,850.00

Hagar hf Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 1,705.00 2,588.00 3,941.00 2,954.00 1,367.00
OISE:HAGA
82GF Score
Hagar hf OISE:HAGA
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Hagar 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 quarterly data reported by the company within the most recent 12 months, which was kr10,850 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 kr10,850 Mil mean?
Hagar hf (OISE:HAGA) has a Operating Income of kr10,850 Mil as of Feb. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Hagar hf and its competitors.
Is Hagar hf's Operating Income too high?
Hagar hf's current Operating Income is kr10,850 Mil. Overall, Hagar hf has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hagar hf's Operating Income compare to KR and SFM?
Hagar hf's Operating Income of kr10,850 Mil can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Operating Income depends on the Retail - Defensive 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 Hagar hf and its competitors. Hagar hf's current Operating Income is kr10,850 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hagar hf stock overvalued right now?
Based on GuruFocus' analysis, Hagar hf (OISE:HAGA) is currently considered Significantly Overvalued. The stock's GF Value™ is kr88.70, compared to a current price of kr122.50 — trading 38.1% above its estimated fair value. The current Operating Income is kr10,850 Mil. Hagar hf's overall GF Score™ is 82/100 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 Hagar hf (OISE:HAGA), the current Operating Income is kr10,850 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 Hagar hf (OISE:HAGA) Overvalued in 2026?

Based on GuruFocus' analysis, Hagar hf stock appears to be overvalued. The current stock price of kr122.50 is trading 38.1% above its estimated GF Value™ of kr88.70. GuruFocus considers Hagar hf to be Significantly Overvalued.

Key valuation signals for OISE:HAGA:

  • Operating Income: kr10,850 Mil
  • GF Value™: kr88.70 vs. price of kr122.50 (38.1% above fair value)
  • GF Score™: 82/100 with 6 warning signs

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


Hagar hf Business Description

Other Exchanges 0Q52:UK
Address Holtavegur 10, Holtagaroam, Reykjavik, ISL, 104
Hagar hf is a retail company with operations in Iceland, the Faroe Islands, and the Netherlands, mainly in the grocery and fuel markets. It operates grocery stores, Olis service stations, OB stations, warehouses, one production facility, one online store with packaged food, one supply store, and one specialty store. The group's core business in Iceland is in the grocery and related warehouse sectors, as well as fuel sales. In the Faroe Islands, it operates the SMS retail company, which operates, among other things, various grocery stores, restaurants, and specialty stores. In the Netherlands, Hagar operates one online store with alcohol. The group's operating segments are stores and warehouses in Iceland, which generate maximum revenue, stores and warehouses in the Faroe Islands, and Olis.
82GF Score

Get the complete analysis for OISE:HAGA

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

kr122.50
Price
kr88.70
GF Value