PBTDF (Plover Bay Technologies) Operating Income: $59.5 Mil (TTM As of Jun. 2026)

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PBTDF Plover Bay Technologies Ltd PBTDF
71 GF Score
Price $1.07
GF Value $0.94
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Plover Bay Technologies Operating Income?

Plover Bay Technologies PBTDF 71 Operating Income is $59.5 Mil as of Jun. 2026. GuruFocus rates PBTDF with a GF Score™ of 71/100 and a GF Value™ of $0.94 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Plover Bay Technologies's Operating Income for the six months ended in Jun. 2026 was $32.3 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was $59.5 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Plover Bay Technologies's Operating Income for the six months ended in Jun. 2026 was $32.3 Mil. Plover Bay Technologies's Revenue for the six months ended in Jun. 2026 was $74.6 Mil. Therefore, Plover Bay Technologies's Operating Margin % for the quarter that ended in Jun. 2026 was 43.35%.

Good Sign:

Plover Bay Technologies Ltd operating margin is expanding. Margin expansion is usually a good sign.

Plover Bay Technologies's 5-Year average Growth Rate for Operating Margin % was 5.80% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Plover Bay Technologies's annualized ROC % for the quarter that ended in Jun. 2026 was 115.87%. Plover Bay Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 733.71%.


Plover Bay Technologies  (OTCPK:PBTDF) Operating Income Explanation

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

Plover Bay Technologies's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=64.676 * ( 1 - 16.82% )/( (37.665 + 55.193)/ 2 )
=53.7974968/46.429
=115.87 %

where

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

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

Plover Bay Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=66.914/( ( (3.098 + max(-1.684, 0)) + (3.704 + max(11.438, 0)) )/ 2 )
=66.914/( ( 3.098 + 15.142 )/ 2 )
=66.914/9.12
=733.71 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(22.574 + 18.181 + 2.496) - (15.538 + 0 + 29.397)
=-1.684

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(25.546 + 27.422 + 2.522) - (14.802 + 0 + 29.25)
=11.438

When net working capital is negative, 0 is used.

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

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

Plover Bay Technologies's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=32.338/74.596
=43.35 %

* 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.


Plover Bay Technologies Operating Income Related Terms


Plover Bay Technologies Operating Income Historical Data

* Premium members only.

The historical data trend for Plover Bay Technologies'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.

Plover Bay Technologies Operating Income Chart

Plover Bay Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.79 26.44 32.03 43.56 52.01

Plover Bay Technologies Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 22.00 21.56 24.81 27.20 32.34
PBTDF
71GF Score
Plover Bay Technologies Ltd PBTDF
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Plover Bay Technologies 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 Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $59.5 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 $59.5 Mil mean?
Plover Bay Technologies (PBTDF) has a Operating Income of $59.5 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Plover Bay Technologies and its competitors.
Is Plover Bay Technologies' Operating Income too high?
Plover Bay Technologies' current Operating Income is $59.5 Mil. Overall, Plover Bay Technologies has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Plover Bay Technologies' Operating Income compare to CSCO and MSI?
Plover Bay Technologies' Operating Income of $59.5 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Operating Income depends on the Hardware 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 Plover Bay Technologies and its competitors. Plover Bay Technologies's current Operating Income is $59.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plover Bay Technologies stock overvalued right now?
Based on GuruFocus' analysis, Plover Bay Technologies (PBTDF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.94, compared to a current price of $1.07 — trading 13.8% above its estimated fair value. The current Operating Income is $59.5 Mil. Plover Bay Technologies' overall GF Score™ is 71/100 with 2 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 Plover Bay Technologies (PBTDF), the current Operating Income is $59.5 Mil as of Jun. 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 Plover Bay Technologies (PBTDF) Overvalued in 2026?

Based on GuruFocus' analysis, Plover Bay Technologies stock appears to be overvalued. The current stock price of $1.07 is trading 13.8% above its estimated GF Value™ of $0.94. GuruFocus considers Plover Bay Technologies to be Modestly Overvalued.

Key valuation signals for PBTDF:

  • Operating Income: $59.5 Mil
  • GF Value™: $0.94 vs. price of $1.07 (13.8% above fair value)
  • GF Score™: 71/100 with 2 warning signs

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


Plover Bay Technologies Business Description

Other Exchanges 01523:Hong Kong
Address 93 King Lam Street, Unit B, 5th Floor, Dragon Industrial Building, Lai Chi Kok, Kowloon, Hong Kong, HKG
Plover Bay Technologies Ltd is an investment holding company. It is a vendor of connectivity hardware, software, and services. The company's products include wired SD-WAN routers, wireless SD-WAN routers, and networking peripherals that support customer's networks. It also engages in the sales of software licences and the provision of warranty and support services. Companies' segments consist mainly of the following categories: SD-WAN routers; Mobile First Connectivity, which denotes products connected through mobile networks; warranty and support services; and software licences. The Mobile First Connectivity has the highest revenue. Geographical regions: North America, EMEA, Asia, and other regions.
71GF Score

Get the complete analysis for PBTDF

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

$1.07
Price
$0.94
GF Value