Vallianz Holdings (SGX:WPC) Operating Income: S$21.9 Mil (TTM As of Dec. 2025)

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What is Vallianz Holdings Operating Income?

Vallianz Holdings SGX:WPC +16.00% Operating Income is S$21.9 Mil as of Dec. 2025. The stock has 5 warning signs investors should review.

Vallianz Holdings's Operating Income for the six months ended in Dec. 2025 was S$16.8 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was S$21.9 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Vallianz Holdings's Operating Income for the six months ended in Dec. 2025 was S$16.8 Mil. Vallianz Holdings's Revenue for the six months ended in Dec. 2025 was S$174.4 Mil. Therefore, Vallianz Holdings's Operating Margin % for the quarter that ended in Dec. 2025 was 9.62%.

Vallianz Holdings'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. Vallianz Holdings's annualized ROC % for the quarter that ended in Dec. 2025 was 5.65%. Vallianz Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 21.60%.


Vallianz Holdings  (SGX:WPC) Operating Income Explanation

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

Vallianz Holdings's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=33.54 * ( 1 - 25.59% )/( (388.515 + 495.067)/ 2 )
=24.957114/441.791
=5.65 %

where

Invested Capital(Q: Jun. 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))
=625.738 - 256.735 - ( 50.009 - max(0, 345.246 - 325.734+50.009))
=388.515

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

Vallianz Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=44.256/( ( (203.505 + max(-197.314, 0)) + (206.335 + max(-124.209, 0)) )/ 2 )
=44.256/( ( 203.505 + 206.335 )/ 2 )
=44.256/204.92
=21.60 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(91.337 + 1.377 + -0.0010000000000332) - (256.735 + 0 + 33.292)
=-197.314

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(138.024 + 1.359 + 35.119) - (120.435 + 0 + 178.276)
=-124.209

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

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

Vallianz Holdings's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=16.77/174.398
=9.62 %

* 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.


Vallianz Holdings Operating Income Related Terms


Vallianz Holdings Operating Income Historical Data

* Premium members only.

The historical data trend for Vallianz Holdings'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.

Vallianz Holdings Operating Income Chart

Vallianz Holdings Annual Data
Trend Dec15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.09 -17.42 3.70 26.97 24.39

Vallianz Holdings Semi-Annual Data
Dec15 Jun16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Jun24 Dec24 Jun25 Dec25
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 2.28 12.46 14.85 5.10 16.77

Vallianz Holdings 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 Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$21.9 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$21.9 Mil mean?
Vallianz Holdings (SGX:WPC) has a Operating Income of S$21.9 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Vallianz Holdings and its competitors.
Is Vallianz Holdings' Operating Income too high?
Vallianz Holdings' current Operating Income is S$21.9 Mil.
How does Vallianz Holdings' Operating Income compare to competitors?
Vallianz Holdings' Operating Income of S$21.9 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 Vallianz Holdings and its competitors. Vallianz Holdings's current Operating Income is S$21.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vallianz Holdings stock overvalued right now?
Based on GuruFocus' analysis, Vallianz Holdings (SGX:WPC) is currently considered Modestly Overvalued. The stock's GF Value™ is S$0.05, compared to a current price of S$0.06 — trading 16% above its estimated fair value. The current Operating Income is S$21.9 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 Vallianz Holdings (SGX:WPC), the current Operating Income is S$21.9 Mil as of Dec. 2025. 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.

Vallianz Holdings Business Description

Address 1 Pasir Panjang Road, No. 28-02 Labrador Tower, Singapore, SGP, 118479
Vallianz Holdings Ltd, along with its subsidiaries, provides offshore support vessels and integrated offshore marine solutions to the oil and gas industry. The company serves oil companies and focuses on supporting customers' offshore oil and gas services and production operations. The group has three segments: Vessel chartering and management; Shipyard and newbuild management services; and Investment holding. The firm generates the majority of its revenue from the Shipyard and newbuild management services segment, which is engaged in in-house fabrication and engineering services such as ship building, fabrication works, and ship repairs, brokerage income, commission income, as well as consultancy and vessel project management.