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Nivika Fastigheter AB (OSTO:NIVI B) Operating Income : kr432.6 Mil (TTM As of Aug. 2024)


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What is Nivika Fastigheter AB Operating Income?

Nivika Fastigheter AB's Operating Income for the three months ended in Aug. 2024 was kr124.4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Aug. 2024 was kr432.6 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Nivika Fastigheter AB's Operating Income for the three months ended in Aug. 2024 was kr124.4 Mil. Nivika Fastigheter AB's Revenue for the three months ended in Aug. 2024 was kr176.5 Mil. Therefore, Nivika Fastigheter AB's Operating Margin % for the quarter that ended in Aug. 2024 was 70.52%.

Good Sign:

Nivika Fastigheter AB operating margin is expanding. Margin expansion is usually a good sign.

Nivika Fastigheter AB's 5-Year average Growth Rate for Operating Margin % was 1.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nivika Fastigheter AB's annualized ROC % for the quarter that ended in Aug. 2024 was 0.55%. Nivika Fastigheter AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 was 512.89%.


Nivika Fastigheter AB Operating Income Historical Data

The historical data trend for Nivika Fastigheter AB'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.

Nivika Fastigheter AB Operating Income Chart

Nivika Fastigheter AB Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23
Operating Income
111.30 154.62 208.43 311.18 374.78

Nivika Fastigheter AB Quarterly Data
Aug19 Aug20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 113.82 103.89 99.01 105.26 124.45

Nivika Fastigheter AB 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 Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr432.6 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.


Nivika Fastigheter AB  (OSTO:NIVI B) Operating Income Explanation

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

Nivika Fastigheter AB's annualized ROC % for the quarter that ended in Aug. 2024 is calculated as:

ROC % (Q: Aug. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: May. 2024 ) + Invested Capital (Q: Aug. 2024 ))/ count )
=497.796 * ( 1 - 87.14% )/( (11423.134 + 11834.683)/ 2 )
=64.0165656/11628.9085
=0.55 %

where

Invested Capital(Q: May. 2024 )
=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))
=11476.387 - 15.113 - ( 218.494 - max(0, 237.078 - 275.218+218.494))
=11423.134

Invested Capital(Q: Aug. 2024 )
=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))
=11742.104 - 7.448 - ( 119.196 - max(0, 260.853 - 160.826+119.196))
=11834.683

Note: The Operating Income data used here is four times the quarterly (Aug. 2024) data.

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

Nivika Fastigheter AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Aug. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Aug. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: May. 2024  Q: Aug. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=497.796/( ( (95.732 + max(-108.928, 0)) + (98.383 + max(-119.623, 0)) )/ 2 )
=497.796/( ( 95.732 + 98.383 )/ 2 )
=497.796/97.0575
=512.89 %

where Working Capital is:

Working Capital(Q: May. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.85 + 0.997 + 0) - (15.113 + 0 + 100.662)
=-108.928

Working Capital(Q: Aug. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.918 + 0.997 + 0) - (7.448 + 0 + 125.09)
=-119.623

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Aug. 2024) EBIT data.

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

Nivika Fastigheter AB's Operating Margin % for the quarter that ended in Aug. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Aug. 2024 )/Revenue (Q: Aug. 2024 )
=124.449/176.462
=70.52 %

* 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.


Nivika Fastigheter AB Operating Income Related Terms

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Nivika Fastigheter AB Business Description

Traded in Other Exchanges
N/A
Address
Ringvagen 38, Varnamo, SWE, 331 32
Nivika Fastigheter AB is a real estate company. Its main objectives is owning, managing, and developing properties.

Nivika Fastigheter AB Headlines

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