Global-Estate Resorts (PHS:GERI) Operating Income: ₱2,181 Mil (TTM As of Mar. 2026)


PHS:GERI Global-Estate Resorts Inc PHS:GERI
58 GF Score
Price ₱0.65
GF Value ₱0.70
Valuation Fairly Valued
! 4 Warning Signs
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What is Global-Estate Resorts Operating Income?

Global-Estate Resorts PHS:GERI 58 Operating Income is ₱2,181 Mil as of Mar. 2026. GuruFocus rates PHS:GERI with a GF Score™ of 58/100 and a GF Value™ of ₱0.70 (Fairly Valued). The stock has 4 warning signs investors should review.

Global-Estate Resorts's Operating Income for the three months ended in Mar. 2026 was ₱775 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₱2,181 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Global-Estate Resorts's Operating Income for the three months ended in Mar. 2026 was ₱775 Mil. Global-Estate Resorts's Revenue for the three months ended in Mar. 2026 was ₱1,984 Mil. Therefore, Global-Estate Resorts's Operating Margin % for the quarter that ended in Mar. 2026 was 39.07%.

Warning Sign:

Global-Estate Resorts Inc operating margin has been in a 5-year decline. The average rate of decline per year is -4.2%.

Global-Estate Resorts's 5-Year average Growth Rate for Operating Margin % was -4.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Global-Estate Resorts's annualized ROC % for the quarter that ended in Mar. 2026 was 4.17%. Global-Estate Resorts's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.67%.

Global-Estate Resorts  (PHS:GERI) Operating Income Explanation

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

Global-Estate Resorts's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=3101.268 * ( 1 - 22.95% )/( (57069.044 + 57555.621)/ 2 )
=2389.526994/57312.3325
=4.17 %

where

Invested Capital(Q: Dec. 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))
=64666.285 - 5328.823 - ( 2268.418 - max(0, 8837.997 - 44071.965+2268.418))
=57069.044

Invested Capital(Q: Mar. 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))
=65746.274 - 5917.127 - ( 2273.526 - max(0, 9657.031 - 45956.502+2273.526))
=57555.621

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

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

Global-Estate Resorts's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3921.252/( ( (1088.537 + max(32100.253, 0)) + (1082.809 + max(32922.862, 0)) )/ 2 )
=3921.252/( ( 33188.79 + 34005.671 )/ 2 )
=3921.252/33597.2305
=11.67 %

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)
=(11312.805 + 21277.247 + 6440.164) - (5328.823 + 0 + 1601.14)
=32100.253

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13884.654 + 21289.017 + 5338.338) - (5917.127 + 0 + 1672.02)
=32922.862

When net working capital is negative, 0 is used.

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

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

Global-Estate Resorts's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=775.317/1984.307
=39.07 %

* 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.

Global-Estate Resorts Operating Income Related Terms

Global-Estate Resorts Operating Income Historical Data

* Premium members only.

The historical data trend for Global-Estate Resorts'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.

Global-Estate Resorts Operating Income Chart

Global-Estate Resorts 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 1,352.11 2,541.13 2,576.68 1,885.69 2,131.99

Global-Estate Resorts Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 726.26 567.85 468.07 369.81 775.32
PHS:GERI
58GF Score
Global-Estate Resorts Inc PHS:GERI
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Global-Estate Resorts 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱2,181 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 ₱2,181 Mil mean?
Global-Estate Resorts (PHS:GERI) has a Operating Income of ₱2,181 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Global-Estate Resorts and its competitors.
Is Global-Estate Resorts' Operating Income too high?
Global-Estate Resorts' current Operating Income is ₱2,181 Mil. Overall, Global-Estate Resorts has a GF Score™ of 58/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Global-Estate Resorts' Operating Income compare to CBRE and BEKE?
Global-Estate Resorts' Operating Income of ₱2,181 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Operating Income depends on the Real Estate 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 Global-Estate Resorts and its competitors. Global-Estate Resorts's current Operating Income is ₱2,181 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global-Estate Resorts stock overvalued right now?
Based on GuruFocus' analysis, Global-Estate Resorts (PHS:GERI) is currently considered Fairly Valued. The stock's GF Value™ is ₱0.70, compared to a current price of ₱0.65 — trading 7.1% below its estimated fair value. The current Operating Income is ₱2,181 Mil. Global-Estate Resorts' overall GF Score™ is 58/100 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 Global-Estate Resorts (PHS:GERI), the current Operating Income is ₱2,181 Mil as of Mar. 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 Global-Estate Resorts (PHS:GERI) Overvalued in 2026?

Based on GuruFocus' analysis, Global-Estate Resorts stock appears to be undervalued. The current stock price of ₱0.65 is trading 7.1% below its estimated GF Value™ of ₱0.70. GuruFocus considers Global-Estate Resorts to be Fairly Valued.

Key valuation signals for PHS:GERI:

  • Operating Income: ₱2,181 Mil
  • GF Value™: ₱0.70 vs. price of ₱0.65 (7.1% below fair value)
  • GF Score™: 58/100 with 4 warning signs

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

Global-Estate Resorts Business Description

Address Palm Tree Avenue, 9th Floor, Eastwood Global Plaza, Eastwood City, Bagumbayan, Quezon, PHL, 1110
Global-Estate Resorts Inc is a developer of tourism estates in the Philippines. The company is engaged in the development of residential and office units, including urban centers integrating office, residential, and commercial components. It is organized into segments such as the Real Estate segment, which pertains to the development and sale of residential and office projects; the Rental segment includes leasing of office and commercial spaces; the Service Income segment relates to maintenance of golf courses; the Hotel Operations segment includes hotel services, sale of food and beverages, and parties and events services. and the Corporate and Others segment. The majority of the revenue is derived from the Real Estate segment.
58GF Score

Get the complete analysis for PHS:GERI

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

₱0.65
Price
₱0.70
GF Value