Vibrant Group (SGX:BIP) Operating Income: S$4.6 Mil (TTM As of Apr. 2026)

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SGX:BIP Vibrant Group Ltd SGX:BIP
39 GF Score
Price S$0.12
GF Value S$0.06
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Vibrant Group Operating Income?

Vibrant Group SGX:BIP 39 Operating Income is S$4.6 Mil as of Apr. 2026. GuruFocus rates SGX:BIP with a GF Score™ of 39/100 and a GF Value™ of S$0.06 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Vibrant Group's Operating Income for the six months ended in Apr. 2026 was S$-0.8 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Apr. 2026 was S$4.6 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Vibrant Group's Operating Income for the six months ended in Apr. 2026 was S$-0.8 Mil. Vibrant Group's Revenue for the six months ended in Apr. 2026 was S$67.5 Mil. Therefore, Vibrant Group's Operating Margin % for the quarter that ended in Apr. 2026 was -1.20%.

Warning Sign:

Vibrant Group Ltd operating margin has been in a 5-year decline. The average rate of decline per year is -10.4%.

Vibrant Group's 5-Year average Growth Rate for Operating Margin % was -10.40% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vibrant Group's annualized ROC % for the quarter that ended in Apr. 2026 was -0.41%. Vibrant Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 21.48%.


Vibrant Group  (SGX:BIP) Operating Income Explanation

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

Vibrant Group's annualized ROC % for the quarter that ended in Apr. 2026 is calculated as:

ROC % (Q: Apr. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Oct. 2025 ) + Invested Capital (Q: Apr. 2026 ))/ count )
=-1.622 * ( 1 - 0% )/( (411.2 + 386.689)/ 2 )
=-1.622/398.9445
=-0.41 %

where

Invested Capital(Q: Apr. 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))
=452.858 - 36.684 - ( 61.638 - max(0, 101.359 - 130.844+61.638))
=386.689

Note: The Operating Income data used here is two times the semi-annual (Apr. 2026) data.

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

Vibrant Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2025  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=23.872/( ( (114.24 + max(-13.551, 0)) + (108.072 + max(-18.918, 0)) )/ 2 )
=23.872/( ( 114.24 + 108.072 )/ 2 )
=23.872/111.156
=21.48 %

where Working Capital is:

Working Capital(Q: Oct. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(24.453 + 0.087 + 12.936) - (39.029 + 0 + 11.998)
=-13.551

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(23.608 + 0.087 + 2.095) - (36.684 + 0 + 8.024)
=-18.918

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Apr. 2026) EBIT data.

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

Vibrant Group's Operating Margin % for the quarter that ended in Apr. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Apr. 2026 )/Revenue (Q: Apr. 2026 )
=-0.811/67.542
=-1.20 %

* 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.


Vibrant Group Operating Income Related Terms


Vibrant Group Operating Income Historical Data

* Premium members only.

The historical data trend for Vibrant Group'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.

Vibrant Group Operating Income Chart

Vibrant Group Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.96 16.02 7.88 14.13 5.17

Vibrant Group Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 5.99 6.33 6.32 5.42 -0.81
SGX:BIP
39GF Score
Vibrant Group Ltd SGX:BIP
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Vibrant Group 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 Apr. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$4.6 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 S$4.6 Mil mean?
Vibrant Group (SGX:BIP) has a Operating Income of S$4.6 Mil as of Apr. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Vibrant Group and its competitors.
Is Vibrant Group's Operating Income too high?
Vibrant Group's current Operating Income is S$4.6 Mil. Overall, Vibrant Group has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vibrant Group's Operating Income compare to UPS and FDX?
Vibrant Group's Operating Income of S$4.6 Mil can be compared against companies in the Transportation 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 Transportation company?
A good Operating Income depends on the Transportation 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 Vibrant Group and its competitors. Vibrant Group's current Operating Income is S$4.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vibrant Group stock overvalued right now?
Based on GuruFocus' analysis, Vibrant Group (SGX:BIP) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.06, compared to a current price of S$0.12 — trading 106.7% above its estimated fair value. The current Operating Income is S$4.6 Mil. Vibrant Group's overall GF Score™ is 39/100 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 Vibrant Group (SGX:BIP), the current Operating Income is S$4.6 Mil as of Apr. 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 Vibrant Group (SGX:BIP) Overvalued in 2026?

Based on GuruFocus' analysis, Vibrant Group stock appears to be overvalued. The current stock price of S$0.12 is trading 106.7% above its estimated GF Value™ of S$0.06. GuruFocus considers Vibrant Group to be Significantly Overvalued.

Key valuation signals for SGX:BIP:

  • Operating Income: S$4.6 Mil
  • GF Value™: S$0.06 vs. price of S$0.12 (106.7% above fair value)
  • GF Score™: 39/100 with 5 warning signs

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


Vibrant Group Business Description

Address 51 Penjuru Road No. 04-00, Freight Links Express Logisticentre, Singapore, SGP, 609143
Vibrant Group Ltd offers integrated logistics services, design and building of commercial and industrial facilities and property development. The company's operating segment includes Freight and logistics; Financial services and Real estate. It generates maximum revenue from the Freight and logistics segment. The freight and logistics segment provides logistics services, including warehousing services, transportation services, inventory management services, and record management services. Geographically, it derives a majority of revenue from Singapore.
39GF Score

Get the complete analysis for SGX:BIP

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

S$0.12
Price
S$0.06
GF Value