PFTI (Puradyn Filter Technologies) Operating Income: $-1.21 Mil (TTM As of Dec. 2019)

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Puradyn Filter Technologies Inc PFTI

12 GF Score

Price $0.00

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What is Puradyn Filter Technologies Operating Income?

Puradyn Filter Technologies PFTI 12 Operating Income is $-1.21 Mil as of Dec. 2019. GuruFocus rates PFTI with a GF Score™ of 12/100.

Puradyn Filter Technologies's Operating Income for the three months ended in Dec. 2019 was $-0.39 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2019 was $-1.21 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Puradyn Filter Technologies's Operating Income for the three months ended in Dec. 2019 was $-0.39 Mil. Puradyn Filter Technologies's Revenue for the three months ended in Dec. 2019 was $0.25 Mil. Therefore, Puradyn Filter Technologies's Operating Margin % for the quarter that ended in Dec. 2019 was -158.87%.

Puradyn Filter Technologies'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. Puradyn Filter Technologies's annualized ROC % for the quarter that ended in Dec. 2019 was -39.05%. Puradyn Filter Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2019 was -204.93%.

Puradyn Filter Technologies (OTCPK:PFTI) Operating Income Explanation

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

Puradyn Filter Technologies's annualized ROC % for the quarter that ended in Dec. 2019 is calculated as:

	ROC % (Q: Dec. 2019 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2019 )	+	Invested Capital (Q: Dec. 2019 ))	/ count )
=	-1.576 * ( 1 - 0% )	/	( (3.924	+	4.148)	/ 2 )
=	-1.576	/	4.036
=	-39.05 %

where

	Invested Capital		(Q: Sep. 2019 )
=	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	))
=	2.47	-	0.881	-	( 0.073	-	max(0, 3.537	-	1.202	+	0.073	))
=	3.924

	Invested Capital		(Q: Dec. 2019 )
=	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	))
=	2.239	-	0.912	-	( 0.078	-	max(0, 3.86	-	1.039	+	0.078	))
=	4.148

Note: The Operating Income data used here is four times the quarterly (Dec. 2019) data.

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

Puradyn Filter Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2019 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2019 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2019		Q: Dec. 2019
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-1.664	/	( ( (0.834 + max(-1.244, 0))	+	(0.79 + max(-1.493, 0)) )	/	2 )
=	-1.664	/	( ( 0.834	+	0.79 )	/	2 )
=	-1.664	/	0.812
=	-204.93 %

where Working Capital is:

	Working Capital		(Q: Sep. 2019 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.015	+	1.069	+	0.045)	-	(0.881	+	1.492	+	0)
=	-1.244

	Working Capital		(Q: Dec. 2019 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.012	+	0.923	+	0.026)	-	(0.912	+	1.542	+	-4.4408920985006E-16)
=	-1.493

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2019) EBIT data.

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

Puradyn Filter Technologies's Operating Margin % for the quarter that ended in Dec. 2019 is calculated as:

Operating Margin %	=	Operating Income (Q: Dec. 2019 )	/	Revenue (Q: Dec. 2019 )
	=	-0.394	/	0.248
	=	-158.87 %

* 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.

Puradyn Filter Technologies Operating Income Related Terms

Puradyn Filter Technologies Operating Income Historical Data

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The historical data trend for Puradyn Filter Technologies's Operating Income can be seen below:

Puradyn Filter Technologies Operating Income Chart

Puradyn Filter Technologies Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Operating Income

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-1.15

-1.10

-0.96

0.22

-1.21

Puradyn Filter Technologies Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Operating Income	Get a 7-Day Free Trial															-0.09	-0.27	-0.26	-0.29	-0.39

12GF Score

Puradyn Filter Technologies Inc PFTI

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Puradyn Filter 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 Dec. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.21 Mil.

Frequently Asked Questions Learn more about Operating Income →

What does a Operating Income of $-1.21 Mil mean?

Puradyn Filter Technologies (PFTI) has a Operating Income of $-1.21 Mil as of Dec. 2019. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Puradyn Filter Technologies and its competitors.

Is Puradyn Filter Technologies' Operating Income too high?

Puradyn Filter Technologies' current Operating Income is $-1.21 Mil. Overall, Puradyn Filter Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.

How does Puradyn Filter Technologies' Operating Income compare to CSHEF and FLES?

Puradyn Filter Technologies' Operating Income of $-1.21 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?

A good Operating Income depends on the Vehicles & Parts 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 Puradyn Filter Technologies and its competitors. Puradyn Filter Technologies's current Operating Income is $-1.21 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Puradyn Filter Technologies stock overvalued right now?

Puradyn Filter Technologies (PFTI) has a current Operating Income of $-1.21 Mil. The current Operating Income is $-1.21 Mil. Puradyn Filter Technologies' overall GF Score™ is 12/100. 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 Puradyn Filter Technologies (PFTI), the current Operating Income is $-1.21 Mil as of Dec. 2019. 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.

Puradyn Filter Technologies Business Description

Industry Consumer Cyclical Vehicles & Parts

Comparable Companies CSHEF FLES OMTK AMTY TSE:6902 TSE:5108 APTV FRA:CON XPAR:ML XKRX:012330 TSX:MG SZSE:002602 ISX:ASII SZSE:002555 SHSE:600741 TSE:5802 TSE:7259 LKQ WBC SHSE:600660

Address 2017 High Ridge Road, Boynton Beach, FL, USA, 33426

Website https://www.puradyn.com

Puradyn Filter Technologies Inc is involved in designing manufacturing and distributing Puradyn oil filtration system. Its product is used for all combustion engines and hydraulic equipment that use lubricating oil. The filtration system primarily cleans oil by providing a second circuit of oil filtration and provides treatment to continually remove solid, liquid, and gaseous contaminants from the oil through the filtration and evaporation process. The filtration system is offered in two models namely MTS and a custom engineered hydraulic system. The company markets its product and generates revenue from across the globe.

12GF Score

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