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Public Property Invest ASA (STU:6SO) Operating Income : €20.39 Mil (TTM As of Sep. 2024)


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What is Public Property Invest ASA Operating Income?

Public Property Invest ASA's Operating Income for the three months ended in Sep. 2024 was €12.04 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was €20.39 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Public Property Invest ASA's Operating Income for the three months ended in Sep. 2024 was €12.04 Mil. Public Property Invest ASA's Revenue for the three months ended in Sep. 2024 was €14.67 Mil. Therefore, Public Property Invest ASA's Operating Margin % for the quarter that ended in Sep. 2024 was 82.08%.

Public Property Invest ASA'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. Public Property Invest ASA's annualized ROC % for the quarter that ended in Sep. 2024 was 3.23%. Public Property Invest ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was %.


Public Property Invest ASA Operating Income Historical Data

The historical data trend for Public Property Invest ASA'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.

* Premium members only.

Public Property Invest ASA Operating Income Chart

Public Property Invest ASA Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Operating Income
- 5.52 38.70 40.68

Public Property Invest ASA Quarterly Data
Dec20 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24
Operating Income Get a 7-Day Free Trial Premium Member Only - 10.66 8.35 - 12.04

Public Property Invest ASA 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €20.39 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.


Public Property Invest ASA  (STU:6SO) Operating Income Explanation

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

Public Property Invest ASA's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=48.176 * ( 1 - 40% )/( (926.252 + 861.254)/ 2 )
=28.9056/893.753
=3.23 %

where

Note: The Operating Income data used here is four times the quarterly (Sep. 2024) data.

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

Public Property Invest ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=37.32/( ( (0 + max(-2.1, 0)) + (0 + max(-2.46, 0)) )/ 2 )
=37.32/( ( 0 + 0 )/ 2 )
=37.32/0
= %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.175 + 0 + 2.188) - (2.013 + 0 + 2.45)
=-2.1

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.424 + 0 + 3.308) - (2.545 + 0 + 3.647)
=-2.46

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2024) EBIT data.

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

Public Property Invest ASA's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as:

Operating Margin %=Operating Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=12.044/14.674
=82.08 %

* 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.


Public Property Invest ASA Operating Income Related Terms

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Public Property Invest ASA Business Description

Comparable Companies
Traded in Other Exchanges
Address
Haakon VIIs gate 5, Oslo, NOR, 0161
Public Property Invest ASA is a real estate company focusing on acquiring and managing properties in Norway through its subsidiaries. The properties comprise mainly of office spaces and are primarily let to public tenants. The company has has one segment which is commercial properties.

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