Mouwasat Medical Services Co (SAU:4002) Operating Income: ﷼863 Mil (TTM As of Mar. 2026)

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SAU:4002 Mouwasat Medical Services Co SAU:4002
100 GF Score
Price ﷼61.20
GF Value ﷼110.69
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Mouwasat Medical Services Co Operating Income?

Mouwasat Medical Services Co SAU:4002 -4.23% 100 Operating Income is ﷼863 Mil as of Mar. 2026. GuruFocus rates SAU:4002 with a GF Score™ of 100/100 and a GF Value™ of ﷼110.69 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Mouwasat Medical Services Co's Operating Income for the three months ended in Mar. 2026 was ﷼204 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ﷼863 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Mouwasat Medical Services Co's Operating Income for the three months ended in Mar. 2026 was ﷼204 Mil. Mouwasat Medical Services Co's Revenue for the three months ended in Mar. 2026 was ﷼834 Mil. Therefore, Mouwasat Medical Services Co's Operating Margin % for the quarter that ended in Mar. 2026 was 24.42%.

Warning Sign:

Mouwasat Medical Services Co operating margin has been in a 5-year decline. The average rate of decline per year is -2.2%.

Mouwasat Medical Services Co's 5-Year average Growth Rate for Operating Margin % was -2.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mouwasat Medical Services Co's annualized ROC % for the quarter that ended in Mar. 2026 was 15.15%. Mouwasat Medical Services Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.21%.


Mouwasat Medical Services Co  (SAU:4002) Operating Income Explanation

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

Mouwasat Medical Services Co'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 )
=814.448 * ( 1 - 0% )/( (5099.144 + 5649.261)/ 2 )
=814.448/5374.2025
=15.15 %

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))
=5986.267 - 389.672 - ( 497.451 - max(0, 999.459 - 1737.942+497.451))
=5099.144

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))
=6526.145 - 385.89 - ( 490.994 - max(0, 1148.337 - 1860.433+490.994))
=5649.261

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

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

Mouwasat Medical Services Co'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 )
=841.992/( ( (4007.915 + max(430.849, 0)) + (4397.882 + max(409.555, 0)) )/ 2 )
=841.992/( ( 4438.764 + 4807.437 )/ 2 )
=841.992/4623.1005
=18.21 %

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)
=(905.841 + 236.899 + 91.878) - (389.672 + 0 + 414.097)
=430.849

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1002.491 + 252.023 + 114.925) - (385.89 + 0 + 573.994)
=409.555

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 %:

Mouwasat Medical Services Co'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 )
=203.612/833.805
=24.42 %

* 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.


Mouwasat Medical Services Co Operating Income Related Terms


Mouwasat Medical Services Co Operating Income Historical Data

* Premium members only.

The historical data trend for Mouwasat Medical Services Co'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.

Mouwasat Medical Services Co Operating Income Chart

Mouwasat Medical Services Co 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 621.93 665.73 748.18 705.37 869.46

Mouwasat Medical Services Co 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 209.91 202.72 209.28 247.55 203.61
SAU:4002
100GF Score
Mouwasat Medical Services Co SAU:4002
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Mouwasat Medical Services Co 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 ﷼863 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 ﷼863 Mil mean?
Mouwasat Medical Services Co (SAU:4002) has a Operating Income of ﷼863 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Mouwasat Medical Services Co and its competitors.
Is Mouwasat Medical Services Co's Operating Income too high?
Mouwasat Medical Services Co's current Operating Income is ﷼863 Mil. Overall, Mouwasat Medical Services Co has a GF Score™ of 100/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mouwasat Medical Services Co's Operating Income compare to HCA and THC?
Mouwasat Medical Services Co's Operating Income of ﷼863 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Operating Income depends on the Healthcare Providers & Services 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 Mouwasat Medical Services Co and its competitors. Mouwasat Medical Services Co's current Operating Income is ﷼863 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mouwasat Medical Services Co stock overvalued right now?
Based on GuruFocus' analysis, Mouwasat Medical Services Co (SAU:4002) is currently considered Significantly Undervalued. The stock's GF Value™ is ﷼110.69, compared to a current price of ﷼61.20 — trading 44.7% below its estimated fair value. The current Operating Income is ﷼863 Mil. Mouwasat Medical Services Co's overall GF Score™ is 100/100 with 5 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 Mouwasat Medical Services Co (SAU:4002), the current Operating Income is ﷼863 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 Mouwasat Medical Services Co (SAU:4002) Overvalued in 2026?

Based on GuruFocus' analysis, Mouwasat Medical Services Co stock appears to be undervalued. The current stock price of ﷼61.20 is trading 44.7% below its estimated GF Value™ of ﷼110.69. GuruFocus considers Mouwasat Medical Services Co to be Significantly Undervalued.

Key valuation signals for SAU:4002:

  • Operating Income: ﷼863 Mil
  • GF Value™: ﷼110.69 vs. price of ﷼61.20 (44.7% below fair value)
  • GF Score™: 100/100 with 5 warning signs

No single metric tells the full story. See the SAU:4002 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mouwasat Medical Services Co Business Description

Address Destect 71, King Fahad Road, P.O. Box 282, Dammam, SAU, 31411
Mouwasat Medical Services Co is engaged in the acquisition, management, operation, and maintenance of hospitals, medical centers, drug stores, pharmacies, and wholesale of medical equipment and drugs. The company also operates skin care centers that offer clinical and cosmetic dermatology, aesthetic and reconstructive plastic surgery, weight reduction, and esthetician services. It operates in two segments Medical Services segment and Pharmaceuticals out of which the Medical Services segment derives the majority of revenue. The Medical Services segment includes Inpatient and outpatient services. The company provides specialized centers: Eye Center, Robotic Surgeries Center, Diabetes Center, Fertility Unit, Cardiology Center, Stroke Unit, Long Term Care Center, Obesity Center, and others.
100GF Score

Get the complete analysis for SAU:4002

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

﷼61.20
Price
﷼110.69
GF Value