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BRC Asia's Operating Income for the
six
months ended in Mar. 2026 was S$64 Mil.
Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was S$127 Mil.
Operating Margin % is calculated as Operating Income divided by its Revenue. BRC Asia's Operating Income for the
six
months ended in Mar. 2026 was S$64 Mil. BRC Asia's Revenue for the
six
months ended in Mar. 2026 was S$931 Mil. Therefore, BRC Asia's Operating Margin % for the quarter that ended in Mar. 2026 was 6.88%.
Good Sign:
BRC Asia Ltd operating margin is expanding. Margin expansion is usually a good sign.
Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.
BRC Asia's annualizedROC % for the quarter that ended in Mar. 2026 was 17.14%.
BRC Asia's annualizedROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 26.52%.
* 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.
BRC Asia Operating Income Related Terms
BRC Asia Operating Income Historical Data
* Premium members only.
The historical data trend for BRC Asia'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.
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 semi-annually data reported by the company within the most recent 12 months, which was S$127 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.
BRC Asia (SGX:BEC) has a Operating Income of S$127 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on BRC Asia and its competitors.
Is BRC Asia's Operating Income too high?
BRC Asia's current Operating Income is S$127 Mil. Overall, BRC Asia has a GF Score™ of 95/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BRC Asia's Operating Income compare to NUE and STLD?
BRC Asia's Operating Income of S$127 Mil can be compared against companies in the Steel 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 Steel company?
A good Operating Income depends on the Steel 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 BRC Asia and its competitors. BRC Asia's current Operating Income is S$127 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BRC Asia stock overvalued right now?
Based on GuruFocus' analysis, BRC Asia (SGX:BEC) is currently considered Significantly Overvalued. The stock's GF Value™ is S$2.80, compared to a current price of S$4.23 — trading 51.1% above its estimated fair value. The current Operating Income is S$127 Mil. BRC Asia's overall GF Score™ is 95/100 with 1 warning sign 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 BRC Asia (SGX:BEC), the current Operating Income is S$127 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 BRC Asia (SGX:BEC) Overvalued in 2026?
Based on GuruFocus' analysis, BRC Asia stock appears to be overvalued.
The current stock price of S$4.23 is trading 51.1% above its estimated GF Value™ of S$2.80.
GuruFocus considers BRC Asia to be Significantly Overvalued.
Key valuation signals for SGX:BEC:
Operating Income: S$127 Mil
GF Value™: S$2.80 vs. price of S$4.23 (51.1% above fair value)
No single metric tells the full story. See the SGX:BEC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BRC Asia Ltd is principally engaged in the prefabrication of steel reinforcement for use in concrete, trading of steel reinforcing bars, and manufacturing and sale of wire mesh fences. The company's reportable segments are: (i) The fabrication and manufacturing segment is involved in the business of processing and prefabrication of steel reinforcement, including sale of standard-length rebar, for use in concrete. (ii) Trading segment is involved in trading of steel and steel related products in both domestic and international market. (iii) Others relates to leasing of properties. The majority of the company's revenue is derived from the Fabrication and manufacturing segment. Geographically, it derives the maximum revenue from Singapore.
95GF Score
Get the complete analysis for SGX:BEC
Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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