Phil Co (TSE:3267) Operating Income: 円268 Mil (TTM As of May. 2026)

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TSE:3267 Phil Co Inc TSE:3267
76 GF Score
Price 円628.00
GF Value 円981.62
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Phil Co Operating Income?

Phil Co TSE:3267 +0.80% 76 Operating Income is 円268 Mil as of May. 2026. GuruFocus rates TSE:3267 with a GF Score™ of 76/100 and a GF Value™ of 円981.62 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Phil Co's Operating Income for the three months ended in May. 2026 was 円-145 Mil. Its Operating Income for the trailing twelve months (TTM) ended in May. 2026 was 円268 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Phil Co's Operating Income for the three months ended in May. 2026 was 円-145 Mil. Phil Co's Revenue for the three months ended in May. 2026 was 円1,210 Mil. Therefore, Phil Co's Operating Margin % for the quarter that ended in May. 2026 was -11.99%.

Good Sign:

Phil Co Inc operating margin is expanding. Margin expansion is usually a good sign.

Phil Co's 5-Year average Growth Rate for Operating Margin % was 4.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Phil Co's annualized ROC % for the quarter that ended in May. 2026 was -12.29%. Phil Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was 1.83%.


Phil Co  (TSE:3267) Operating Income Explanation

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

Phil Co's annualized ROC % for the quarter that ended in May. 2026 is calculated as:

ROC % (Q: May. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2026 ) + Invested Capital (Q: May. 2026 ))/ count )
=-580.356 * ( 1 - 0% )/( (4179.925 + 5265.864)/ 2 )
=-580.356/4722.8945
=-12.29 %

where

Invested Capital(Q: Feb. 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))
=8696.56 - 487.033 - ( 4029.602 - max(0, 3318.047 - 7499.756+4029.602))
=4179.925

Invested Capital(Q: May. 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))
=9101.328 - 445.289 - ( 3390.175 - max(0, 3922.868 - 7990.829+3390.175))
=5265.864

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

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

Phil Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: May. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2026  Q: May. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=47.616/( ( (471.492 + max(1398.188, 0)) + (468.801 + max(2871.867, 0)) )/ 2 )
=47.616/( ( 1869.68 + 3340.668 )/ 2 )
=47.616/2605.174
=1.83 %

where Working Capital is:

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(146.647 + 3140.206 + 183.301) - (487.033 + 0 + 1584.933)
=1398.188

Working Capital(Q: May. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(243.89 + 4232.88 + 123.884) - (445.289 + 0 + 1283.498)
=2871.867

When net working capital is negative, 0 is used.

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

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

Phil Co's Operating Margin % for the quarter that ended in May. 2026 is calculated as:

Operating Margin %=Operating Income (Q: May. 2026 )/Revenue (Q: May. 2026 )
=-145.089/1209.707
=-11.99 %

* 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.


Phil Co Operating Income Related Terms


Phil Co Operating Income Historical Data

* Premium members only.

The historical data trend for Phil 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.

Phil Co Operating Income Chart

Phil Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 724.91 169.84 214.82 424.09 588.71

Phil Co Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Nov24 May25 Aug25 Nov25 Feb26 May26
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 0.00 61.59 327.31 24.30 -145.09
TSE:3267
76GF Score
Phil Co Inc TSE:3267
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Phil 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 May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円268 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 円268 Mil mean?
Phil Co (TSE:3267) has a Operating Income of 円268 Mil as of May. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Phil Co and its competitors.
Is Phil Co's Operating Income too high?
Phil Co's current Operating Income is 円268 Mil. Overall, Phil Co has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Phil Co's Operating Income compare to PWR and FIX?
Phil Co's Operating Income of 円268 Mil can be compared against companies in the Construction 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 Construction company?
A good Operating Income depends on the Construction 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 Phil Co and its competitors. Phil Co's current Operating Income is 円268 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phil Co stock overvalued right now?
Based on GuruFocus' analysis, Phil Co (TSE:3267) is currently considered Significantly Undervalued. The stock's GF Value™ is 円981.62, compared to a current price of 円628.00 — trading 36% below its estimated fair value. The current Operating Income is 円268 Mil. Phil Co's overall GF Score™ is 76/100 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 Phil Co (TSE:3267), the current Operating Income is 円268 Mil as of May. 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 Phil Co (TSE:3267) Overvalued in 2026?

Based on GuruFocus' analysis, Phil Co stock appears to be undervalued. The current stock price of 円628.00 is trading 36% below its estimated GF Value™ of 円981.62. GuruFocus considers Phil Co to be Significantly Undervalued.

Key valuation signals for TSE:3267:

  • Operating Income: 円268 Mil
  • GF Value™: 円981.62 vs. price of 円628.00 (36% below fair value)
  • GF Score™: 76/100 with 1 warning sign

No single metric tells the full story. See the TSE:3267 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Phil Co Business Description

Address 12-13 Fujimi 2-chome, Phil Park KaguLab, Chiyoda-ku, Tokyo, JPN, 102-0071
Phil Co Inc provides architectural design services for aerial shop Phil Park in Japan. It provides planning and project management services for the development of commercial establishments above a parking lot. The company serves customers in Japan.
76GF Score

Get the complete analysis for TSE:3267

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

円628.00
Price
円981.62
GF Value