PRPI (Perpetual Industries) Operating Income: $-1.47 Mil (TTM As of Dec. 2022)


What is Perpetual Industries Operating Income?

Perpetual Industries PRPI +0.03% Operating Income is $-1.47 Mil as of Dec. 2022.

Perpetual Industries's Operating Income for the six months ended in Dec. 2022 was $-1.47 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2022 was $-1.47 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Perpetual Industries's Operating Income for the six months ended in Dec. 2022 was $-1.47 Mil. Perpetual Industries's Revenue for the six months ended in Dec. 2022 was $5.24 Mil. Therefore, Perpetual Industries's Operating Margin % for the quarter that ended in Dec. 2022 was -28.11%.

Perpetual Industries'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. Perpetual Industries's annualized ROC % for the quarter that ended in Dec. 2022 was -13.33%. Perpetual Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 was -88.74%.

Perpetual Industries  (OTCPK:PRPI) Operating Income Explanation

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

Perpetual Industries's annualized ROC % for the quarter that ended in Dec. 2022 is calculated as:

ROC % (Q: Dec. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2021 ) + Invested Capital (Q: Dec. 2022 ))/ count )
=-1.473 * ( 1 - 0% )/( (11.203 + 10.899)/ 2 )
=-1.473/11.051
=-13.33 %

where

Invested Capital(Q: Dec. 2021 )
=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))
=11.515 - 1.12 - ( 1.049 - max(0, 2.022 - 1.214+1.049))
=11.203

Invested Capital(Q: Dec. 2022 )
=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))
=10.367 - 0.756 - ( 0.384 - max(0, 1.782 - 0.494+0.384))
=10.899

Note: The Operating Income data used here is one times the annual (Dec. 2022) data.

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

Perpetual Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2021  Q: Dec. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.423/( ( (1.526 + max(-0.955, 0)) + (1.681 + max(-0.645, 0)) )/ 2 )
=-1.423/( ( 1.526 + 1.681 )/ 2 )
=-1.423/1.6035
=-88.74 %

where Working Capital is:

Working Capital(Q: Dec. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.096 + 0.014 + 0.055) - (1.12 + 0 + -4.4408920985006E-16)
=-0.955

Working Capital(Q: Dec. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.019 + 0.02 + 0.071) - (0.756 + 0 + -0.00099999999999989)
=-0.645

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2022) EBIT data.

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

Perpetual Industries's Operating Margin % for the quarter that ended in Dec. 2022 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2022 )/Revenue (Q: Dec. 2022 )
=-1.473/5.241
=-28.11 %

* 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.

Perpetual Industries Operating Income Related Terms

Perpetual Industries Operating Income Historical Data

* Premium members only.

The historical data trend for Perpetual Industries'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.

Perpetual Industries Operating Income Chart

Perpetual Industries Annual Data
Trend Jul13 Jul14 Jul15 Dec21 Dec22
Operating Income
-0.78 -0.50 -1.33 0.01 -1.47

Perpetual Industries Semi-Annual Data
Jul13 Jul14 Jul15 Dec21 Dec22
Operating Income -0.78 -0.50 -1.33 0.01 -1.47

Perpetual Industries 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Operating Income for the trailing twelve months (TTM) ended in Dec. 2022 was $-1.47 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 $-1.47 Mil mean?
Perpetual Industries (PRPI) has a Operating Income of $-1.47 Mil as of Dec. 2022. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Perpetual Industries and its competitors.
Is Perpetual Industries' Operating Income too high?
Perpetual Industries' current Operating Income is $-1.47 Mil.
How does Perpetual Industries' Operating Income compare to BRBL and JKSM?
Perpetual Industries' Operating Income of $-1.47 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Operating Income depends on the Industrial Products 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 Perpetual Industries and its competitors. Perpetual Industries's current Operating Income is $-1.47 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perpetual Industries stock overvalued right now?
Perpetual Industries (PRPI) has a current Operating Income of $-1.47 Mil. The current Operating Income is $-1.47 Mil. 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 Perpetual Industries (PRPI), the current Operating Income is $-1.47 Mil as of Dec. 2022. 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.

Perpetual Industries Business Description

Address 2193 Rotunda Drive, Auburn, IN, USA, 46706
Perpetual Industries Inc is a U.S.-based company focused on the growth and market expansion of its wholly owned subsidiary, The Worldwide Group, LLC, which operates as Worldwide Auctioneers, is a boutique auction firm specializing in the sale and acquisition of classic and vintage motorcars, generating its primary revenues through live and online auctions held across the United States. The company serves a clientele of automotive collectors and enthusiasts. Along with its auction events, the company offers a comprehensive suite of personalized services, including private car sales appraisals, collection management, estate planning, and asset consultancy.