Pryce (PHS:PPC) Operating Income: ₱4,069 Mil (TTM As of Mar. 2026)

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PHS:PPC Pryce Corp PHS:PPC
97 GF Score
Price ₱15.10
GF Value ₱10.78
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Pryce Operating Income?

Pryce PHS:PPC +0.67% 97 Operating Income is ₱4,069 Mil as of Mar. 2026. GuruFocus rates PHS:PPC with a GF Score™ of 97/100 and a GF Value™ of ₱10.78 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Pryce's Operating Income for the three months ended in Mar. 2026 was ₱1,368 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₱4,069 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Pryce's Operating Income for the three months ended in Mar. 2026 was ₱1,368 Mil. Pryce's Revenue for the three months ended in Mar. 2026 was ₱5,947 Mil. Therefore, Pryce's Operating Margin % for the quarter that ended in Mar. 2026 was 23.01%.

Good Sign:

Pryce Corp operating margin is expanding. Margin expansion is usually a good sign.

Pryce's 5-Year average Growth Rate for Operating Margin % was 4.30% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Pryce's annualized ROC % for the quarter that ended in Mar. 2026 was 20.04%. Pryce's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 32.67%.


Pryce  (PHS:PPC) Operating Income Explanation

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

Pryce'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 )
=5473.28 * ( 1 - 20.45% )/( (21951.608 + 21499.226)/ 2 )
=4353.99424/21725.417
=20.04 %

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))
=31704.143 - 1771.906 - ( 10757.748 - max(0, 6689.177 - 14669.806+10757.748))
=21951.608

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))
=32798.157 - 2773.345 - ( 11275.385 - max(0, 6732.754 - 15258.34+11275.385))
=21499.226

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

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

Pryce'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 )
=5613.88/( ( (16299.889 + max(1248.525, 0)) + (16804.087 + max(9.9720000000007, 0)) )/ 2 )
=5613.88/( ( 17548.414 + 16814.059 )/ 2 )
=5613.88/17181.2365
=32.67 %

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)
=(813.282 + 2703.008 + 166.005) - (1771.906 + 0 + 661.864)
=1248.525

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(508.255 + 2658.966 + 176.206) - (2773.345 + 0 + 560.11)
=9.9720000000007

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 %:

Pryce'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 )
=1368.32/5947.053
=23.01 %

* 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.


Pryce Operating Income Related Terms


Pryce Operating Income Historical Data

* Premium members only.

The historical data trend for Pryce'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.

Pryce Operating Income Chart

Pryce 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 2,196.06 2,198.65 3,001.44 3,853.90 3,592.07

Pryce 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 887.72 761.47 892.38 1,047.30 1,368.32
PHS:PPC
97GF Score
Pryce Corp PHS:PPC
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pryce 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 ₱4,069 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 ₱4,069 Mil mean?
Pryce (PHS:PPC) has a Operating Income of ₱4,069 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Pryce and its competitors.
Is Pryce's Operating Income too high?
Pryce's current Operating Income is ₱4,069 Mil. Overall, Pryce has a GF Score™ of 97/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pryce's Operating Income compare to VLO and MPC?
Pryce's Operating Income of ₱4,069 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Operating Income depends on the Oil & Gas 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 Pryce and its competitors. Pryce's current Operating Income is ₱4,069 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pryce stock overvalued right now?
Based on GuruFocus' analysis, Pryce (PHS:PPC) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱10.78, compared to a current price of ₱15.10 — trading 40.1% above its estimated fair value. The current Operating Income is ₱4,069 Mil. Pryce's overall GF Score™ is 97/100 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 Pryce (PHS:PPC), the current Operating Income is ₱4,069 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 Pryce (PHS:PPC) Overvalued in 2026?

Based on GuruFocus' analysis, Pryce stock appears to be overvalued. The current stock price of ₱15.10 is trading 40.1% above its estimated GF Value™ of ₱10.78. GuruFocus considers Pryce to be Significantly Overvalued.

Key valuation signals for PHS:PPC:

  • Operating Income: ₱4,069 Mil
  • GF Value™: ₱10.78 vs. price of ₱15.10 (40.1% above fair value)
  • GF Score™: 97/100 with 6 warning signs

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


Pryce Business Description

Industry EnergyOil & Gas
Address 1179 Chino Roces Avenue, Corner Bagtikan Street, 17th Floor Pryce Center Chino, Makati City, PHL, 1226
Pryce Corp is an LPG, industrial gases, and fuels company. The company, along with its subsidiaries has three operating business segments namely, the Real estate segment, LPG and industrial gases segment, and the Pharmaceutical products segment. It generates the majority of its revenue from the LPG and industrial gases segment. The main real estate business of the company is the development of memorial parks and the sale of memorial lots. LPG and industrial gases segment consists of the import and distribution of liquefied petroleum gas as well as the manufacturing and marketing of industrial gases. The pharmaceutical products segment includes wholesaling and distribution of privately branded multi-vitamins and over-the-counter generic drugs.
97GF Score

Get the complete analysis for PHS:PPC

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

₱15.10
Price
₱10.78
GF Value