Villar Land Holdings (PHS:VLC) Operating Income: ₱865 Mil (TTM As of Sep. 2025)

What is Villar Land Holdings Operating Income?

Villar Land Holdings PHS:VLC 61 Operating Income is ₱865 Mil as of Sep. 2025. GuruFocus rates PHS:VLC with a GF Score™ of 61/100 and a GF Value™ of ₱613.33 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Villar Land Holdings's Operating Income for the three months ended in Sep. 2025 was ₱250 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2025 was ₱865 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Villar Land Holdings's Operating Income for the three months ended in Sep. 2025 was ₱250 Mil. Villar Land Holdings's Revenue for the three months ended in Sep. 2025 was ₱734 Mil. Therefore, Villar Land Holdings's Operating Margin % for the quarter that ended in Sep. 2025 was 34.11%.

Good Sign:

Villar Land Holdings Corp operating margin is expanding. Margin expansion is usually a good sign.

Villar Land Holdings's 5-Year average Growth Rate for Operating Margin % was 2.60% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Villar Land Holdings's annualized ROC % for the quarter that ended in Sep. 2025 was 3.71%. Villar Land Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 300.51%.

Villar Land Holdings (PHS:VLC) Operating Income Explanation

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

Villar Land Holdings's annualized ROC % for the quarter that ended in Sep. 2025 is calculated as:

	ROC % (Q: Sep. 2025 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2025 )	+	Invested Capital (Q: Sep. 2025 ))	/ count )
=	1001.028 * ( 1 - 12.9% )	/	( (23384.34	+	23647.274)	/ 2 )
=	871.895388	/	23515.807
=	3.71 %

where

	Invested Capital		(Q: Jun. 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	))
=	37717.23	-	13478.476	-	( 854.414	-	max(0, 17079.192	-	25016.44	+	854.414	))
=	23384.34

	Invested Capital		(Q: Sep. 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	))
=	38323.786	-	14021.253	-	( 655.259	-	max(0, 17827.919	-	26167.645	+	655.259	))
=	23647.274

Note: The Operating Income data used here is four times the quarterly (Sep. 2025) data.

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

Villar Land Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2025 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2025		Q: Sep. 2025
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	1079.728	/	( ( (366.056 + max(-3779.029, 0))	+	(352.551 + max(-2122.362, 0)) )	/	2 )
=	1079.728	/	( ( 366.056	+	352.551 )	/	2 )
=	1079.728	/	359.3035
=	300.51 %

where Working Capital is:

	Working Capital		(Q: Jun. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(5052.583	+	6407.058	+	740.262)	-	(13478.476	+	0	+	2500.456)
=	-3779.029

	Working Capital		(Q: Sep. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(5193.005	+	6474.058	+	2771.541)	-	(14021.253	+	0	+	2539.713)
=	-2122.362

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2025) EBIT data.

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

Villar Land Holdings's Operating Margin % for the quarter that ended in Sep. 2025 is calculated as:

Operating Margin %	=	Operating Income (Q: Sep. 2025 )	/	Revenue (Q: Sep. 2025 )
	=	250.257	/	733.614
	=	34.11 %

* 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.

Villar Land Holdings Operating Income Related Terms

Villar Land Holdings Operating Income Historical Data

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The historical data trend for Villar Land Holdings's Operating Income can be seen below:

Villar Land Holdings Operating Income Chart

Villar Land Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Operating Income

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1,492.72

1,643.39

1,624.30

1,711.95

1,216.14

Villar Land Holdings Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25
Operating Income	Get a 7-Day Free Trial															383.38	-139.44	378.69	375.50	250.26

61GF Score

Villar Land Holdings Corp PHS:VLC

Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.

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Villar Land Holdings 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 Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱865 Mil.

Frequently Asked Questions Learn more about Operating Income →

What does a Operating Income of ₱865 Mil mean?

Villar Land Holdings (PHS:VLC) has a Operating Income of ₱865 Mil as of Sep. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Villar Land Holdings and its competitors.

Is Villar Land Holdings' Operating Income too high?

Villar Land Holdings' current Operating Income is ₱865 Mil. Overall, Villar Land Holdings has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Villar Land Holdings' Operating Income compare to competitors?

Villar Land Holdings' Operating Income of ₱865 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 Villar Land Holdings and its competitors. Villar Land Holdings's current Operating Income is ₱865 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Villar Land Holdings stock overvalued right now?

Based on GuruFocus' analysis, Villar Land Holdings (PHS:VLC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₱613.33, compared to a current price of ₱448.00 — trading 27% below its estimated fair value. The current Operating Income is ₱865 Mil. Villar Land Holdings' overall GF Score™ is 61/100 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 Villar Land Holdings (PHS:VLC), the current Operating Income is ₱865 Mil as of Sep. 2025. 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 Villar Land Holdings (PHS:VLC) Overvalued in 2026?

Based on GuruFocus' analysis, Villar Land Holdings stock appears to be undervalued. The current stock price of ₱448.00 is trading 27% below its estimated GF Value™ of ₱613.33. GuruFocus considers Villar Land Holdings to be Modestly Undervalued.

Key valuation signals for PHS:VLC:

Operating Income: ₱865 Mil
GF Value™: ₱613.33 vs. price of ₱448.00 (27% below fair value)
GF Score™: 61/100 with 2 warning signs

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

Villar Land Holdings Business Description

Industry Real Estate Real Estate

Comparable Companies PHS:ALI PHS:MEG PHS:FLI PHS:SLI PHS:ROCK PHS:CPG PHS:CLI PHS:ALLHC PHS:ALHI PHS:PRC HKSE:00016 DFM:EMAAR HKSE:01109 STC:VHM HKSE:01113 ADX:ALDAR TSE:1925 HKSE:00688 BOM:532868 DFM:EMAARDEV

Address San Ezekiel, C5 Extension, 2nd Floor, Golden Haven Building, Villar SIPAG Complex, Barangay Pulanglupa Uno, Las Pinas, PHL, 1746

Website https://www.goldenhaven.com.ph

Villar Land Holdings Corp, formerly Golden MV Holdings Inc is a Philippines-based developer of memorial parks in the country in terms of the number of projects, overall sales, and land development. The company develops, constructs, and operates columbarium and memorial chapel facilities, and is also engaged in the construction and development of residential projects in various places all over the Philippines. The company has two operating segments; the Residential segment pertains to the housing market segment of the group. It caters to the development and sale of residential houses and lots, subdivision lots, and condominium units, and The Deathcare segment pertains to the sale of memorial lots, interment income, and income from chapel services.

61GF Score

Get the complete analysis for PHS:VLC

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

₱448.00

Price

₱613.33

GF Value

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