National Medical Care Co (SAU:4005) Operating Income: ﷼342 Mil (TTM As of Jun. 2026)

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SAU:4005 National Medical Care Co SAU:4005
93 GF Score
Price ﷼118.90
GF Value ﷼208.38
Valuation Possible Value Trap
! 2 Warning Signs
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What is National Medical Care Co Operating Income?

National Medical Care Co SAU:4005 +0.59% 93 Operating Income is ﷼342 Mil as of Jun. 2026. GuruFocus rates SAU:4005 with a GF Score™ of 93/100 and a GF Value™ of ﷼208.38 (Possible Value Trap). The stock has 2 warning signs investors should review.

National Medical Care Co's Operating Income for the three months ended in Jun. 2026 was ﷼107 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was ﷼342 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. National Medical Care Co's Operating Income for the three months ended in Jun. 2026 was ﷼107 Mil. National Medical Care Co's Revenue for the three months ended in Jun. 2026 was ﷼456 Mil. Therefore, National Medical Care Co's Operating Margin % for the quarter that ended in Jun. 2026 was 23.39%.

Good Sign:

National Medical Care Co operating margin is expanding. Margin expansion is usually a good sign.

National Medical Care Co's 5-Year average Growth Rate for Operating Margin % was 6.70% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. National Medical Care Co's annualized ROC % for the quarter that ended in Jun. 2026 was 15.50%. National Medical Care Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 19.66%.


National Medical Care Co  (SAU:4005) Operating Income Explanation

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

National Medical Care Co's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=427.016 * ( 1 - 6.84% )/( (2425.563 + 2707.652)/ 2 )
=397.8081056/2566.6075
=15.50 %

where

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))
=3021.762 - 91.501 - ( 504.698 - max(0, 300.399 - 1548.702+504.698))
=2425.563

Invested Capital(Q: Jun. 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))
=3032.019 - 81.596 - ( 242.771 - max(0, 294.935 - 1479.164+242.771))
=2707.652

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

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

National Medical Care Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=436.376/( ( (1327.517 + max(743.587, 0)) + (1408.086 + max(960.085, 0)) )/ 2 )
=436.376/( ( 2071.104 + 2368.171 )/ 2 )
=436.376/2219.6375
=19.66 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(903.585 + 70.65 + 18.052) - (91.501 + 0 + 157.199)
=743.587

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1069.338 + 75.043 + 40.856) - (81.596 + 0 + 143.556)
=960.085

When net working capital is negative, 0 is used.

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

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

National Medical Care Co's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=106.754/456.351
=23.39 %

* 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.


National Medical Care Co Operating Income Related Terms


National Medical Care Co Operating Income Historical Data

* Premium members only.

The historical data trend for National Medical Care 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.

National Medical Care Co Operating Income Chart

National Medical Care 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 163.36 196.18 246.09 250.73 354.10

National Medical Care Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 84.98 90.40 81.52 62.98 106.75
SAU:4005
93GF Score
National Medical Care Co SAU:4005
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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National Medical Care 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼342 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 ﷼342 Mil mean?
National Medical Care Co (SAU:4005) has a Operating Income of ﷼342 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on National Medical Care Co and its competitors.
Is National Medical Care Co's Operating Income too high?
National Medical Care Co's current Operating Income is ﷼342 Mil. Overall, National Medical Care Co has a GF Score™ of 93/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does National Medical Care Co's Operating Income compare to HCA and THC?
National Medical Care Co's Operating Income of ﷼342 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 National Medical Care Co and its competitors. National Medical Care Co's current Operating Income is ﷼342 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Medical Care Co stock overvalued right now?
Based on GuruFocus' analysis, National Medical Care Co (SAU:4005) is currently considered Possible Value Trap. The stock's GF Value™ is ﷼208.38, compared to a current price of ﷼118.90 — trading 42.9% below its estimated fair value. The current Operating Income is ﷼342 Mil. National Medical Care Co's overall GF Score™ is 93/100 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 National Medical Care Co (SAU:4005), the current Operating Income is ﷼342 Mil as of Jun. 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 National Medical Care Co (SAU:4005) Overvalued in 2026?

Based on GuruFocus' analysis, National Medical Care Co stock appears to be undervalued. The current stock price of ﷼118.90 is trading 42.9% below its estimated GF Value™ of ﷼208.38. GuruFocus considers National Medical Care Co to be Possible Value Trap.

Key valuation signals for SAU:4005:

  • Operating Income: ﷼342 Mil
  • GF Value™: ﷼208.38 vs. price of ﷼118.90 (42.9% below fair value)
  • GF Score™: 93/100 with 2 warning signs

No single metric tells the full story. See the SAU:4005 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


National Medical Care Co Business Description

Address Al Imam Ahmad Ibn hanbal Street, P.O. Box 29393, Arrayyan District, Riyadh, SAU, 11457
National Medical Care Co is engaged in the business to establish, own, equip, manage, maintain, and operate healthcare facilities and provide home health care services. The company trades medicines, medical equipment, and supplies in wholesale and retail trade. Geographically, all operations are conducted in the Kingdom of Saudi Arabia. The company generates revenue through the Rendering of clinical services, and the Sale of pharmaceuticals.
93GF Score

Get the complete analysis for SAU:4005

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

﷼118.90
Price
﷼208.38
GF Value